NonprofitsCommunity Memorial Hospital & Nursing Home

Community Memorial Hospital & Nursing Home

SPRING VALLEY, MN

Total revenue

$8.4M

Total expenses

$8.2M

Net assets

$3.3M

Grants received

$21K

2 grants

EIN

410830760

Tax year

2023

Mission

Spring Valley Living provides health care services to Spring Valley and the surrounding area

Financials

FY 2023

Revenue

Contributions & grants$640K
Program service revenue$7.8M
Investment income$31K
Other revenue
Total revenue$8.4M

Expenses

Grants paid
Salaries & benefits$5.5M
Fundraising
Other expenses$2.7M
Total expenses$8.2M
Total assets$13.7M
Net assets$3.3M

People

7 listed

NameRoleCompensation

Penny Solberg

President/CEO

Board

$153K

40 hrs/wk

Doug Plaehn

Treasurer

Board

0.5 hrs/wk

Luann Ruesink

Chair

Board

0.5 hrs/wk

Tracie Mensink

Director

Board

0.5 hrs/wk

Isaac Tangen

Secretary

Board

0.5 hrs/wk

Dan Root

Vice President

Board

0.5 hrs/wk

Heather Sellers

COO

Staff

$117K

40 hrs/wk

Independent contractors

Aegis Therapies

Therapy

$217K

ProCareHR

PEO Services

$105K

Grants received

Showing 2 of 2

FromAmountPurposeYear
$11K
INTERNSHIP PROGRAM
2024
$10K
COVID COURAGE FUNDS
2020

Funded by

$21K from 2 funders · 2 grants · 2020–2024

Minnesota Hospital Association

$11K · 1 grant · 2024

Leadingage Minnesota Foundation

$10K · 1 grant · 2020

Details

EIN410830760
Subsection03
Ruling date1961-04
Formed1958
Employees163
Volunteers11
COMMUNITY MEMORIAL HOSPITAL & NURSING HOME — Mission, Financials & Grants Received | Grantivo