Silverton Health Foundation
Nonprofit profile at a glance
- EIN
- 930913392
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Silverton, OR, USA
- Phone
- 5034155600
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $1,108,980
- Expenses
- $652,571
- Assets
- $10,203,238
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Highest reported compensation
- JOSEPH Z YODER (EX-OFFICIO): $727,508 total reported compensation
- JULIAN J USELMAN DO (Trustee): $430,421 total reported compensation
- GAYNOR M HILLS (Executive Dir.): $242,048 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the Foundation is to foster charitable giving as well as community commitment and involvement to support the mission and vision of Legacy Silverton Health.
What it reported doing in 2024
Charitable gifts to Silverton Health Foundation support the programs and services of Legacy Silverton Medical Center, many of which are not supported by traditional means of reimbursement.Legacy Silverton Medical Center has served Silverton and the mid-Willamette Valley for more than 100 years. Among the hospitals comprehensive services are:*Emergency and Intensive care; level 3 trauma certification*Family Birth Center*Orthopedic Services, including total joint replacements*Occupational health workplace programs*Foot care clinics in Woodburn and Silverton *Anticoagulation help, wound care and infusion therapy at STEPS Clinics in Silverton and WoodburnPhilanthropic contributions supported programs in these major areas: Patient Care $622,793Education and Training $8,700Community Health and Other Programs $21,077Some of the projects funded in this year included: Supported the construction of the new emergency department at Legacy Silverton Medical Center. Supported the expansion of doula services at Legacy Silverton Medical Center. Provided medication assistance, durable medical equipment, and other health-related supplies to patients with limited insurance and financial resources.Provided food support to patients and families experiencing food insecurity.Purchased medical equipment for Legacy Silverton Medical Center, including a cancer detection system to expand surgical services at the hospital.Supported the school nurse program for the Silver Falls School District.Provided continuing education scholarships for nurses.Supported child passenger safety education for the community.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 68
- Accountability: 88
- Sustainability: 83
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.6%; rating input score 80
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 16th 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: 99.4%; rating input score 99; 49th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 80%; rating input score 80; 18th 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: 41.2%; rating input score 89; 89th percentile among comparable filings
- Total-asset coverage ratio: 15.64; rating input score 95; 95th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
- Officer compensation ratio: 17.8%; rating input score 18; 18th percentile among comparable filings
Growth
- Program expense growth: 18.1% per year; rating input score 100; 80th percentile among comparable filings
- Revenue growth: 2.9% per year; rating input score 100; 30th percentile among comparable filings
- Asset growth: 8.9% per year; rating input score 100; 55th percentile among comparable filings
Details
- Where the money goes: 79.6% of revenue deployed · 100% of spending went to programs
- Governance: 8 of 10 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $653K in reported program spending
- Leadership: top reported pay $728K · 13 people listed · 0 of 6 pay-setting controls reported
- Consistency: 15 of 16 current checks pass · 1 finding to review
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 14 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 18/100.