Vail Health
Legal name: Vail Clinic Inc % Vhh Accounting Department
Nonprofit profile at a glance
- EIN
- 840563230
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Vail, CO, USA
- Phone
- 9704762451
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Hospital, General
Reported finances
- Revenue
- $405,450,623
- Expenses
- $416,126,050
- Assets
- $889,124,617
- Liabilities
- $237,117,808
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- WILL COOK (PRESIDENT AND CEO)
- DAVID KAPLAN (PRESIDENT CMM)
- CHRIS LINDLEY (EXECUTIVE DIRECTOR, EVBH)
Highest reported compensation
- WILL COOK (PRESIDENT AND CEO): $1,378,594 total reported compensation
- PATRICIA HARDENBERGH MD (PHYSICIAN): $1,005,133 total reported compensation
- AMANDA VEIT (CHIEF OPERATIONS OFFICER): $921,642 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is at the intersection of what we do best every day and the people we serve. It represents our evolution from sick care to a focus on whole person health that optimizes healing, promotes wellness and guides people to stay healthy. _**Vision** : The leading mountain healthcare system attracting the best talent to advance quality health for everyone in our communities._ The vision of the Vail Health organization represents what we aspire to be and the positive impact that we want to have in our mountain communities.
What it reported doing in 2024
See schedule o.
Operating model
- Revenue model
- Earned-program. 96% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The program-spending lines do not add up, so the filing cannot show reliably whether the nonprofit works directly or through others.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 68
- Transparency & Controls: 92
- Accountability: 82
- Sustainability: 40
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.3%; rating input score 77
- Program expense ratio: 75.4%; rating input score 75
- 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: 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: 99.6%; rating input score 100; 42nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 70%; rating input score 70; 21st 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: -2.6%; rating input score 17; 17th percentile among comparable filings
- Total-asset coverage ratio: 2.14; rating input score 65; 65th percentile among comparable filings
- Liabilities to assets ratio: 0.27; rating input score 60; 60th percentile among comparable filings
- Officer compensation ratio: 2.5%; rating input score 46; 46th percentile among comparable filings
Growth
- Program expense growth: 10.7% per year; rating input score 100; 77th percentile among comparable filings
- Revenue growth: 6.2% per year; rating input score 100; 54th percentile among comparable filings
- Asset growth: 8.2% per year; rating input score 100; 60th percentile among comparable filings
Details
- What they do: 7 programs and campaigns described on the official site
- Where the money goes: 77.3% of revenue deployed · 75.4% of spending went to programs
- Governance: 7 of 10 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $313.8M in reported program spending
- Leadership: top reported pay $1.4M · 21 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $15.5M reported
- Consistency: 38 of 38 current checks pass
- Schedules: 10 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 43 filed money-flow records
- Related organizations: 35 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: Operating margin scored 17/100.
- Moderate — Sustainability: Officer compensation ratio scored 46/100.