VAL VERDE HOSPITAL CORPORATION Charity Report

Public IRS 990 nonprofit record

VAL VERDE HOSPITAL CORPORATION

EIN 74-2941598 · General Hospitals (E22)

What they do

MISSION: WE LIVE to DELIVER HEALTHCARE OUR COMMUNITY CAN TRUST. VISION: to BE THE PREMIER PROVIDER for ALL HEALTHCARE NEEDS. LEGACY: WE STRENGTHEN OUR FOUNDATION THROUGH EMPOWERMENT. CORE VALUES: TRUST: WE CREATE TRUST THROUGH OUR INTEGRITY and OUR INTENTION. EMPOWERMENT: WE GIVE EACH OTHER INFORMATION, DIRECTION and AUTHORITY to MAKE DECISIONS. QUALITY: WE DELIVER EXCELLENCE. CONSISTENCY: WE DELIVER A PREMIER EXPERIENCE to EVERY PERSON, EVERY TIME. ACCOUNTABILITY: WE RISE ABOVE OUR CIRCUMSTANCES to ACHIEVE THE BEST POSSIBLE RESULT. UNITY: WE PROMOTE AN ENVIRONMENT CHARACTERIZED BY OPEN COMMUNICATION, DIVERSITY and MUTUAL RESPECT-ALWAYS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $87.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2021The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders26 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

91.81%of revenue went to mission work87.7% of expenses · Program services

$104.69spent for every $100 of revenueSpending was higher than revenue this year.

12.88%of revenue went to management and office costs12.3% of expenses

$0.60in assets for every $1 spent this yearSome assets cannot be spent right away.

7.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $3,682,341 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $729,375 for MICHELE DI BLASI (PHYSICIAN). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2021

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$78,467,797

Mission workProgram services$72,044,81791.81% of revenue87.7% of expenses

ManagementOffice and general costs$10,105,32112.88% of revenue12.3% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$82,150,138104.69% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2021CurrentExpense mix: 87.7% mission · 12.3% management · 0.0% fundraisingTotal expenses: 104.69% of revenue

2020Expense mix: 79.4% mission · 20.6% management · 0.0% fundraisingTotal expenses: 106.12% of revenue

2019Expense mix: 78.2% mission · 21.8% management · 0.0% fundraisingTotal expenses: 81.45% of revenue

2018Expense mix: 76.9% mission · 23.1% management · 0.0% fundraisingTotal expenses: 89.25% of revenue

2017Expense mix: 80.4% mission · 19.6% management · 0.0% fundraisingTotal expenses: 97.99% of revenue

2016Expense mix: 79.2% mission · 20.8% management · 0.0% fundraisingTotal expenses: 98.05% of revenue

2015Expense mix: 79.6% mission · 20.4% management · 0.0% fundraisingTotal expenses: 92.42% of revenue

Money in and money out

Revenue$78,467,797

Expenses$82,150,138

Annual shortfall $3,682,341 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$72,044,817 · 87.7% of expenses

Management and office costs$10,105,321 · 12.3% of expenses

See all reported dollar amounts

Revenue$78,467,797

Expenses$82,150,138

Assets$49,343,518

Income$78,485,766

Contributions$5,697,945

Mission work (program services)$72,044,817

Management and general$10,105,321

Accounting fees$266,928

People

Leadership and board

Tax year 2021

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MICHELE DI BLASIPHYSICIAN · 40 hrs/week $729,375Base $692,674 · Other $36,701

TERRY M LINDSEYCHIEF OF STAFF · 40 hrs/week $595,332Base $578,445 · Other $16,887

KENNETH P MOOREPHYSICIAN · 40 hrs/week $586,806Base $550,802 · Other $36,004

IRA L FLOYDPHYSICIAN · 40 hrs/week $530,568Base $505,797 · Other $24,771

DAVID HERNANDEZPHYSICIAN · 40 hrs/week $511,466Base $480,150 · Other $31,316

MARK G MANNINGPHYSICIAN · 40 hrs/week $479,775Base $452,031 · Other $27,744

LINDA S WALKERCEO · 40 hrs/week $457,367Base $424,898 · Other $32,469

CARLOS TORRESCHRO · 40 hrs/week $240,030Base $217,770 · Other $22,260

CLAUDIA C FALCONCFO · 40 hrs/week $221,607Base $206,045 · Other $15,562

KEITH WILLEYCIO · 40 hrs/week $190,586Base $165,481 · Other $25,105

JORGE JURADO ICOO · 40 hrs/week $157,594Base $145,273 · Other $12,321

BRISA LOPEZCNO START: 5/8/22 · 40 hrs/week $118,435Base $115,104 · Other $3,331

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (26)

MICHELE DI BLASIPHYSICIAN

TERRY M LINDSEYCHIEF OF STAFF

KENNETH P MOOREPHYSICIAN

IRA L FLOYDPHYSICIAN

DAVID HERNANDEZPHYSICIAN

MARK G MANNINGPHYSICIAN

LINDA S WALKERCEO

CARLOS TORRESCHRO

CLAUDIA C FALCONCFO

KEITH WILLEYCIO

JORGE JURADO ICOO

BRISA LOPEZCNO START: 5/8/22

LISA TARKINGTONCNO END: 10/15/21

NORMA TERANCNO END: 4/28/22

JANE MORAINDIRECTOR

GERALD PRATHERDIRECTOR END: 05/22

DR LEE KEENENDIRECTOR START: 05/22

DR JULIO OTAZIOCHAIRMAN

DR DANIEL JOSEPH CHARTRANDDIRECTOR

DR AURELIO LAING IIIDIRECTOR END: 05/22

MICHAELANNA HUNTERDIRECTOR END: 05/22

CRIS A DIAZSECRETARY START: 05/22

MICHELLE BROWNDIRECTOR END: 05/22

ROBIN A PALMERVICE CHAIRMAN

ALVARO ARREOLADIRECTOR END: 05/22

TWILA BARNETTDIRECTOR

About this charity

Recognized since: January 2000
Location: 801 N BEDELL AVE, DEL RIO, TX 78840-4112
County: Val Verde
In care of: % CLAUDIA FALCON
Primary officer: Linda Walker, CEO

How to reach them

WebsiteVisit the charity’s website Phone(830) 778-3613 Officer phone(830) 778-3610

Filing and classification

Latest tax year: 2021
Tax period began: July 1, 2021
Return type: 990
Tax preparer: FORVIS LLP
NTEE classification: General Hospitals (E22)
IRS tax category: General Hospitals