IRS Form 990 · EIN 41-0837659

Minnesota Valley Health Center Inc

Le Sueur, MN 56058-2203 · Tax year 2023

NTEE E22Specialty Hospital

$14.7M

Total revenue

$14.5M

Total expenses

$-28K

Net income

-0.2%

Operating margin

Financial summary

Hospital-specific data — what the org reports to defend tax-exempt status

Compared to 23 organizations with NTEE E22 in MN

Avg revenue (peers)

$627.2M

This org:$14.7M

Avg net income (peers)

$893K

This org:$-28K

Avg top exec comp (peers)

$794K

This org (highest):$2K

9 officers + key employees from the most recent Schedule J filing (FY2024; the financial summary above is FY2023)

Name	Title	Hours/wk	Base comp	Total comp
ROBERT BROEDER	BOARD CHAIR	0.4	$2K	$2K
PAM WILLIAMS	BOARD MEMBER	0.4	$1K	$1K
JEFF NELSON	BOARD MEMBER	0.4	$1K	$1K
KAY KING	SECRETARY	0.4	$1K	$1K
MARK AMUNDSON	BOARD MEMBER	0.4	$1K	$1K
DAVID BRAUN	BOARD MEMBER	0.4	$1K	$1K
AARON BLOOMQUIST	CFO	0.5	—	—
MICHAEL PHELPS	PRESIDENT/CEO	0.5	—	—
BENJAMIN NIELSEN	COO & TREASURER	0.5	—	—

Revenue and net income trend across all available filings

RevenueNet income

Year	Revenue	Expenses	Net income	Assets
2024	—	—	—	—
2023	$14.7M	$14.5M	$-28K	$12.9M
2022	$15.3M	$14.5M	$802K	$20.7M
2021	$15.8M	$13.2M	$52K	$20.3M
2020	$14.5M	$13.1M	$1.4M	$20.6M
2019	$13.6M	$13.2M	$368K	$16.3M
2018	$12.9M	$12.6M	$200	$16.3M
2017	$13.0M	$12.7M	$5K	$12.3M
2016	$5.9M	$6.5M	$-576K	$12.2M
2015	$11.0M	$11.4M	$3K	$12.3M

This organization appears to be a hospital. Explore additional data sources: