Family Health West
Legal name: Lower Valley Hospital Association
Nonprofit profile at a glance
- EIN
- 840447998
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Aug 2026
- Forms available
- Form 990 2024
- Location
- Fruita, CO, US
- Phone
- 970-858-3900
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community Health Systems
Reported finances
- Revenue
- $87,928,824
- Expenses
- $85,534,061
- Assets
- $75,986,038
- Liabilities
- $54,709,995
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
19 people listed
Executive titles in this filing
- KORREY KLEIN MD (PRESIDENT/CEO & SECRETARY)
Highest reported compensation
- CHRISTOPHER COPELAND DO (PHYSICIAN): $618,213 total reported compensation
- RICHARD ACKERSON MD (PHYSICIAN): $577,072 total reported compensation
- KYLE CHRISTOPHERSON MD (PHYSICIAN): $576,675 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Making your today, the best it can be
What it reported doing in 2024
Lower valley hospital association operates a 25-bed acute care and swing bed critical access hospital. Outpatient services include emergency, ancillary testing, surgical and therapy. The hospital participates in the medicare and medicaid programs, provides charity care and other assistance to ensure access to these services in our community. Our hospital services are 51% medicare and 21% medicaid. We provide labs for the good samaritan clinic, programming and classes for community parkinsons patients and collaborative outpatient rehabilitation services for seniors. The hospital serves the communities of fruita, loma and mack Colorado along with eastern villages in central Utah. Many patients come to fruita, from grand junction and other areas of mesa county, as the hospital is sought after due to its reputation of personalized care and quality of medical staff and services provided.
Operating model
- Revenue model
- Other-operating. 98% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 90
- Accountability: 93
- Sustainability: 36
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80.2%; rating input score 80
- Program expense ratio: 82.2%; rating input score 82
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 87.5%; rating input score 88; 34th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 2.7%; rating input score 46; 46th percentile among comparable filings
- Total-asset coverage ratio: 0.89; rating input score 35; 35th percentile among comparable filings
- Liabilities to assets ratio: 0.72; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 5%; rating input score 17; 17th percentile among comparable filings
Growth
- Program expense growth: 6.8% per year; rating input score 100; 56th percentile among comparable filings
- Revenue growth: 8.1% per year; rating input score 100; 68th percentile among comparable filings
- Asset growth: 5.1% per year; rating input score 100; 37th percentile among comparable filings
Details
- What they do: 5 programs and campaigns described on the official site · 2 operating locations identified
- Where the money goes: 80.2% of revenue deployed · 82.2% of spending went to programs
- Governance: 7 of 8 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $70.3M in reported program spending
- Leadership: top reported pay $618K · 19 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $3M reported
- Consistency: 33 of 33 current checks pass
- Schedules: 9 filed schedules · includes major donors, executive pay, and related organizations
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 11 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Sustainability: Operating margin scored 46/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
- High — Sustainability: Officer compensation ratio scored 17/100.
- High — Sustainability: Liabilities to assets ratio scored 21/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.