Mon-vale Health Resources Inc

What it reported doing in 2021

The mission is accomplished through promoting the development within the greater monongahela valley area of health and welfare services, facilities and programs which will enhance the general health and welfare of the community by increasing the accessibility, continuity and quality of services provided to the residents of the community. Mon-vale health resources, inc. Provides various activities including fund-raising, the securing of grants and contracts, joint planning and marketing for subsidiary enterprises, public relations activities and the general promotion of health, welfare, education and other charitable purposes.during the three months ended september 30, 2021, mon-vale health resources, inc. Conducted a variety of community projects, which include the following: mon-vale health resources, inc. Sponsored the "newspapers in education" program in which the mini-page is presented weekly within a local newspaper (the valley independent). This special page features valuable insight and games that entice children to want to read and learn. Over 41,000 students per month in 7 area school districts participate in this program. Students are encouraged to take the newspapers home and encourage literacy skills within the family. The program also provides workbooks for teachers showing them how the nie concept can be used for math, science, geography, reading, english and history classes.mon-vale health resources, inc. Also provided nearly $7,000 of funding to various community organizations like the mon valley ymca, the rostraver central volunteer fire company, domestic violence services of sw pa, and various area chambers of commerce.mon-vale health resources, inc. Provided nearly $405 of funding to monongahela valley hospital, inc. For employee recognition programs.mon-vale health resources, inc. Provides educational programs and health care services to an area which includes five counties with a population of approximately 2.1 million. The primary and secondary service areas comprise a population of nearly 98,500.

Financial Efficiency

• Mission deployment rate: 33.1%; rating input score 33
• Program expense ratio: 41.7%; rating input score 42
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 90.9%; rating input score 91; 18th percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 85.7%; rating input score 86; 26th percentile among comparable filings
• Governance controls: 7 of 9 controls in place; rating input score 78
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Fail
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 20.5%; rating input score 69; 69th percentile among comparable filings
• Total-asset coverage ratio: 0; rating input score 3; 3rd percentile among comparable filings
• Liabilities to assets ratio: Limited
• Officer compensation ratio: 528.7%; rating input score 1; 1st percentile among comparable filings

Growth

• Program expense growth: -28.9% per year; rating input score 0; 16th percentile among comparable filings
• Revenue growth: -8.2% per year; rating input score 0; 39th percentile among comparable filings
• Asset growth: -9% per year; rating input score 0; 15th percentile among comparable filings