Santiam Hospital & Clinics
Legal name: Santiam Memorial Hospital
Nonprofit profile at a glance
- EIN
- 930415219
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Stayton, OR, USA
- Phone
- 503-769-2175
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Hospital, General
Reported finances
- Revenue
- $310,994,571
- Expenses
- $296,637,023
- Assets
- $94,891,154
- Liabilities
- $39,705,434
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
19 people listed
Executive titles in this filing
- MAGGIE HUDSON (CEO)
Highest reported compensation
- STEVE YAO (M.D.): $787,835 total reported compensation
- DEREK RILEY (MD): $745,028 total reported compensation
- DAVID THORSETT (M.D.): $711,145 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
General acute health care hospital serving Santiam communities. Santiam Hospital & Clinics’ vision is to serve as the healthcare provider at the center of their communities. As part of our mission, we provide quality health care to persons suffering from illness, injuries, or disabilities and promote the general health and welfare of the community through education, support, and medical services. Santiam Hospital and Clinics is one of only three independent, acute-care hospitals in Oregon. We specialize in a wide spectrum of treatments, serving more than 40,000 patients annually in Stayton, Oregon, and at multiple clinics in four nearby communities. Santiam Hospital and Clinics is comprised of 12 clinics, which include three satellite clinics. Santiam Ho.
What it reported doing in 2024
Acute hospital care: patient days 4,090, nursery days 197, ambulance trips 2,172, outpatient days 81,878, reference laboratory 208,911.
Operating model
- Revenue model
- Earned-program. 98% of the money available for current operations came from fees and other program 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. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 83
- Accountability: 100
- Sustainability: 41
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88.6%; rating input score 89
- Program expense ratio: 93%; rating input score 93
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 77th 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: 4.6%; rating input score 55; 55th percentile among comparable filings
- Total-asset coverage ratio: 0.32; rating input score 11; 11th percentile among comparable filings
- Liabilities to assets ratio: 0.42; rating input score 43; 43rd percentile among comparable filings
- Officer compensation ratio: 1.7%; rating input score 62; 62nd percentile among comparable filings
Growth
- Program expense growth: 22.2% per year; rating input score 100; 93rd percentile among comparable filings
- Revenue growth: 17.6% per year; rating input score 100; 92nd percentile among comparable filings
- Asset growth: 5.5% per year; rating input score 100; 40th percentile among comparable filings
Details
- What they do: 17 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 88.6% of revenue deployed · 93% of spending went to programs
- Governance: 9 of 9 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $276M in reported program spending
- Leadership: top reported pay $788K · 19 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $7.4M reported
- Consistency: 34 of 34 current checks pass
- Schedules: 9 filed schedules · includes major donors, grants, and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 12 filed money-flow records
- Related organizations: 5 filed related-organization links
- 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.
- High — Sustainability: Total-asset coverage ratio scored 11/100.
- Review — Sustainability: Operating margin scored 55/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 43/100.