2025-09-15T11:43:51-05:00 2024-10-31 390859910 BAKER TILLY ADVISORY GROUP LP 790 N WATER ST SUITE 2000 MILWAUKEE WI 53202 990 2023-11-01 261167922 VVMC DIVERSIFIED SERVICES VVMC 9704762451 PO BOX 40000 VAIL CO 81658 MICHAEL BROWN CFO VAIL HEALTH 9704762451 2025-09-12 1 1 SHELBY NETZ P01405265 4147775500 2025-09-08 2023 2025-03-06 01:10:19Z VAIL HEALTH CLINICS WILL COOK PO BOX 40000 VAIL CO 81658 9244527 0 X WWW.VAILHEALTH.ORG X 2007 CO ELEVATING HEALTH ACROSS OUR MOUNTAIN COMMUNITIES. 2 1 0 1 0 0 6100000 5600000 3739560 3639790 0 0 5717 4737 9845277 9244527 0 0 0 0 0 0 0 0 0 10659804 9908377 10659804 9908377 -814527 -663850 714229 800178 763000 1512814 -48771 -712636 X ELEVATING HEALTH ACROSS OUR MOUNTAIN COMMUNITIES. 0 0 9292367 3639790 SEE SCHEDULE O. 9292367 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 2 1 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X MICHAEL BROWN CFO VAIL HEALTH 9704762451 PO BOX 40000 VAIL CO 81658 WILL COOK PRESIDENT AND CEO 1.00 40.00 X X 0 1323823 76146 BARRY HAMMAKER MD PHYSICIAN 40.00 X 0 618584 52867 JERRY GREENBERG MD PHYSICIAN 40.00 X 0 634599 36819 KATHERINE SCHUETZE MD PHYSICIAN 40.00 X 0 608056 46586 JOHN HIGGINS TREASURER AND CFO - OUTGOING 1.00 40.00 X 0 537722 60179 DAVID FORD MD PHYSICIAN 40.00 X 0 548505 46471 NELSON PRAGER MD PHYSICIAN 40.00 X 0 529547 2100 MICHAEL BROWN TREASURER AND CFO 1.00 40.00 X 0 296945 33207 THOMAS GORRIE CHAIRMAN 1.00 1.00 X X 0 0 0 0 5097781 354375 0 0 1 0 0 5600000 5600000 NET PATIENT SERVICE RE 621110 2455907 2455907 MEDICARE/MEDICAID 621110 1183883 1183883 3639790 MISCELLANEOUS INCOME 900099 4737 4737 4737 9244527 3639790 0 4737 X 9396828 8937373 459455 31201 4547 26654 121 121 785 649 136 30150 29750 400 125994 125994 BAD DEBT EXPENSE 257958 257958 MEDICAL SUPPLIES 56001 52751 3250 LICENSE/CERTIFICATIONS/ 8552 8552 MISCELLANEOUS 787 787 9908377 9292367 616010 0 120678 317103 593551 483075 714229 800178 576913 157988 186087 1354826 763000 1512814 X -48771 -712636 -48771 -712636 714229 800178 -663850 -15 0 X X 0 1 X 1 0 X 4310988 4800834 6165405 6100000 5600000 26977227 4025754 3437794 3521770 3739560 3639790 18364668 8336742 8238628 9687175 9839560 9239790 45341895 0 0 0 45341895 869 886 150 0 0 1905 869 886 150 1905 5717 4737 10454 8337611 8239514 9687325 9845277 9244527 45354254 0.99970 0.99980 0.00000 0.00010 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO VAIL HEALTH HOSPITAL 1354826 1354826 X PART X, LINE 2: VVMC DIVERSIFIED SERVICES IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND A SIMILAR PROVISION OF STATE LAW. ACCORDINGLY, NO PROVISION FOR INCOME TAXES FOR THIS ENTITY HAS BEEN MADE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. THE ORGANIZATION FILES TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS AT OCTOBER 31, 2024 AND 2023. 0 1 0 0 0 0 0 0 0 WILL COOK PRESIDENT AND CEO 0 876827 0 257155 0 189841 0 39000 0 37146 0 1399969 0 0 BARRY HAMMAKER MD PHYSICIAN 0 492821 0 0 0 125763 0 11605 0 41262 0 671451 0 0 JERRY GREENBERG MD PHYSICIAN 0 520486 0 25709 0 88404 0 16500 0 20319 0 671418 0 0 KATHERINE SCHUETZE MD PHYSICIAN 0 529285 0 0 0 78771 0 16388 0 30198 0 654642 0 0 JOHN HIGGINS TREASURER AND CFO - OUTGOING 0 414070 0 99810 0 23842 0 21189 0 38990 0 597901 0 0 DAVID FORD MD PHYSICIAN 0 466806 0 47421 0 34278 0 16500 0 29971 0 594976 0 0 NELSON PRAGER MD PHYSICIAN 0 435228 0 0 0 94319 0 0 0 2100 0 531647 0 0 MICHAEL BROWN TREASURER AND CFO 0 245175 0 38126 0 13644 0 12361 0 20846 0 330152 0 0 PART I, LINE 3 SCHEDULE J, PART I, LINE 3 EXECUTIVE COMPENSATION COMPENSATION IS PAID THROUGH A RELATED ENTITY, VAIL CLINIC, INC., DBA VAIL HEALTH HOSPITAL. PLEASE SEE SCHEDULE O, PART VI, LINE 15A NARRATIVE FOR COMPENSATION DETERMINATION FOR EXECUTIVES. PART I, LINE 4B 457(F) PLAN: WILL COOK AND JOHN HIGGINS PARTICIPATED IN A SERP DURING THE YEAR. VESTING PERCENTAGES SPECIFIED IN THE WRITTEN AGREEMENT OCCURS ON OCTOBER 1 AND DECEMBER 1, RESPECTIVELY, OF EACH YEAR. NO AMOUNTS WERE PAID OUT DURING THE CALENDAR YEAR 2023. PART I, LINE 7 NON FIXED AND BONUS PAYMENTS: EXECUTIVE COMPENSATION IS PAID AND DETERMINED BY A RELATED PARTY, VAIL CLINIC, INC., DBA VAIL HEALTH HOSPITAL. INCENTIVE BONUSES ARE CALCULATED AS A PERCENT OF BASE COMPENSATION. THE DETERMINATION OF WHETHER OR NOT A PAYOUT IS MADE IS BASED ON COMPANY FINANCIAL PERFORMANCE AND ON INDIVIDUAL PERFORMANCE REVIEWS CONDUCTED BY THE CEO AND THE COMPENSATION COMMITTEE. CERTAIN PHYSICIAN PRODUCTIVITY BONUSES ARE PAID BASED ON RELATIVE VALUE UNITS (RVUS) WHICH ARE AN INDICATION OF THE EMPLOYEE'S PRODUCTIVITY OR LEVEL OF EFFORT. OTHER PHYSICIAN BONUSES ARE BASED ON SATISFACTION OF CRITERIA DEFINED IN EMPLOYMENT AGREEMENTS. FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS: VVMC DIVERSIFIED SERVICES, DOING BUSINESS AS VAIL HEALTH CLINICS, PROVIDES SERVICES TO THE RESIDENTS OF EAGLE COUNTY, TOTAL POPULATION APPROXIMATELY 55,000, INCLUDING SURGERY, CARDIOLOGY, AND PLASTIC SURGERY. EAGLE COUNTY, COLORADO DOES NOT HAVE A LARGE ENOUGH POPULATION TO SUPPORT MEDICAL PRACTICES IN RARE SPECIALTIES. SINCE EAGLE COUNTY IS IN A RURAL AREA, THE DEVELOPMENT OF THESE MEDICAL PRACTICES HAVE SIGNIFICANTLY IMPROVED COMMUNITY ACCESS TO HEALTHCARE SERVICES. THESE PRACTICES HAVE ALLOWED US TO SERVE ALL MEMBERS OF THE COMMUNITY WITHOUT REGARD TO ABILITY TO PAY. FORM 990, PART VI, SECTION A, LINE 6 DESCRIBE CIRCUMSTANCES FOR HAVING MEMBERS OR STOCKHOLDERS THE ORGANIZATION HAS A SINGLE MEMBER, VAIL HEALTH SERVICES. FORM 990, PART VI, SECTION A, LINE 7A DESCRIBE CIRCUMSTANCES FOR MEMBERS ELECTING GOVERNING BODY: THE SINGLE MEMBER, VAIL HEALTH SERVICES, CAN APPOINT BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B GOVERNANCE DECISIONS RESERVED TO THE SINGLE MEMBER THE SINGLE MEMBER HAS THE AUTHORITY TO: 1) ELECT DIRECTORS; 2) APPOINT THE PRESIDENT; 3) APPROVE ARTICLES AND BYLAWS; 4) APPROVE BUDGETS; 5) APPROVE UNBUDGETED EXPENDITURES IN EXCESS OF $1,000,000; 6) APPROVE UNBUDGETED BORROWINGS IN EXCESS OF $1,000,000; 7) CAUSE VOLUNTARY DISSOLUTION, MERGER, CONSOLIDATION, OR BANKRUPTCY; 8) APPROVE SALE OF ASSETS IN EXCESS OF $1,000,000; 9) CREATE SUBSIDIARY OR AFFILIATE; 10) SELECT PUBLIC ACCOUNTANTS; 11) ESTABLISH INVESTMENT POLICIES; 12) ESTABLISH POLICIES ON THE DISTRIBUTION AND USE OF FUNDS; 13) ADD/ DELETE MAJOR PROGRAM/ SERVICE LINES. FORM 990, PART VI, SECTION B, LINE 11B DESCRIBE THE PROCESS TO REVIEW THE FORM 990 REVIEW OF THE FORM 990 IS DELEGATED TO MORE QUALIFIED PERSONNEL SINCE THE BOARD MEMBERS ARE NOT TRAINED IN TAX MATTERS. THE CFO, CONTROLLER AND ACCOUNTING STAFF OF VAIL CLINIC, INC. DBA VAIL HEALTH HOSPITAL PROVIDE SERVICES TO VVMC DIVERSIFIED SERVICES, REVIEW THE TAX FORM AND WORK WITH AN EXTERNAL CPA/TAX FIRM IN THE PRODUCTION OF THE FORM 990. AN ELECTRONIC VERSION IS PROVIDED TO DIRECTORS AND OFFICERS PRIOR TO FILING THE FORM 990 WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C PROCESS FOR MONITORING COMPLIANCE WITH CONFLICT OF INTEREST POLICY: THE CONFLICT OF INTEREST POLICY APPLIES TO VAIL HEALTH HOSPITAL (VHH) BOARD MEMBERS, OFFICERS, MEDICAL STAFF, LICENSED INDEPENDENT PRACTITIONERS, VOLUNTEERS, AGENTS, CONTRACTORS AND EMPLOYEES. ALL BOARD MEMBERS, MEDICAL STAFF, NURSE PRACTITIONERS, PHYSICIAN ASSISTANTS, AND EMPLOYEES OF VHH ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST BY COMPLETING A CONFLICT OF INTEREST ELECTRONIC QUESTIONNAIRE UPON HIRE OR APPOINTMENT AND THEN ANNUALLY THEREAFTER. BOARD MEMBERS AND AGENTS MUST COMPLETE AND SUBMIT CONFLICT OF INTEREST ELECTRONIC QUESTIONNAIRE TO THE COMPLIANCE OFFICER UPON HIRE OR APPOINTMENT AND THEN ANNUALLY THEREAFTER. VOLUNTEERS MUST COMPLETE AND SUBMIT DISCLOSURE FORMS TO THE MANAGER OF VOLUNTEERS WHEN THEY BEGIN PROVIDING SERVICES TO VHH AND THEN ANNUALLY. IF DURING THE YEAR ANY NEW POTENTIAL CONFLICTS OF INTEREST ARISE, COVERED PERSONS MUST REPORT THE POTENTIAL CONFLICTS OF INTEREST IMMEDIATELY (AND PRIOR TO UNDERTAKING ANY ACTIVITY THAT MAY RAISE A POTENTIAL CONFLICT OF INTEREST). THE CHIEF ETHICS AND COMPLIANCE OFFICER, THE VOLUNTEER SERVICES PROGRAM MANAGER AND THE COMMITTEE SHALL CONSIDER THE FOLLOWING FACTORS WHEN REVIEWING COMPLETED DISCLOSURE FORMS: - WHETHER THE COLLEAGUE OR AN IMMEDIATE FAMILY MEMBER IS A PARTY TO, OR MAY DIRECTLY OR INDIRECTLY BENEFIT FROM, A PROPOSED AGREEMENT OR TRANSACTION INVOLVING VHH; - WHETHER THE COLLEAGUE'S DESIRE FOR, OR EXPECTATION OF, DIRECT OR INDIRECT EXTERNAL ECONOMIC ADVANTAGE COULD DISTORT A VHH DECISION OR ACTIVITY; - WHETHER THE COLLEAGUE OR AN IMMEDIATE FAMILY MEMBER IS ENGAGING IN AN ACTIVITY, BUSINESS, OR TRANSACTION IN WHICH VHH IS LIKELY TO ENGAGE; - WHETHER THE COLLEAGUE'S OUTSIDE ACTIVITIES MAY CONFLICT WITH RIGHTS OF, OR THE COLLEAGUE'S OBLIGATIONS TO, VHH OR VHH'S PATIENTS; - WHETHER THE CONFLICT OF INTEREST CAN BE CURED OR MANAGED BY RECUSAL OR OTHER APPROPRIATE ACTION; - WHETHER THERE IS AN APPEARANCE OF A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 PROCESS TO DETERMINE EXECUTIVE COMPENSATION EXECUTIVE COMPENSATION IS PAID AND DETERMINED BY A RELATED PARTY, VAIL CLINIC, INC., DBA VAIL HEALTH HOSPITAL. A FORMAL EXTERNAL REVIEW IS CONDUCTED EVERY YEAR. EXECUTIVE COMPENSATION WAS LAST FORMALLY REVIEWED IN 2023 BY SULLIVAN COTTER. THIS REVIEW EVALUATES TOTAL COMPENSATION OF THE EXECUTIVE AGAINST COMPENSATION DATA FOR THE SAME OR SIMILAR JOB BY INDUSTRY, REVENUE SIZE AND GEOGRAPHIC LOCATION AND OTHER FACTORS TO ENSURE THAT THE COMPENSATION PAID IS APPROPRIATE AND REASONABLE. THAT INFORMATION IS THEN REVIEWED BY THE COMPENSATION COMMITTEE AND THE BOARD OF DIRECTORS. INTERNAL REVIEWS ARE PERFORMED AS WELL AT TIME OF HIRE AND ON AN ONGOING BASIS USING COMPENSATION SURVEYS. FORM 990, PART VI, SECTION C, LINE 19 DESCRIBE HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC THE FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC FOR VIEWING FOR VALID BUSINESS PURPOSES. FORM 990, PART IX, LINE 11G REIMBURSED COMPENSATION FROM RELATED ENTITIES: PROGRAM SERVICE EXPENSES 6,742,462. MANAGEMENT AND GENERAL EXPENSES 459,455. TOTAL EXPENSES 7,201,917. PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 1,980,866. TOTAL EXPENSES 1,980,866. OTHER PROFESSIONAL HEALTH FEES: PROGRAM SERVICE EXPENSES 214,045. TOTAL EXPENSES 214,045. FORM 990, PART XII, LINE 2C: NEITHER THE OVERSIGHT PROCESS FOR THE AUDIT OR THE SELECTION PROCESS OF THE INDEPENDENT ACCOUNTANT CHANGED DURING THE TAX YEAR. VAIL CLINIC INC PO BOX 4000 VAIL CO 81658 840563230 HOSPITAL CO 501(C)(3) LINE 3 VAIL HEALTH SERVICES 0 VAIL HEALTH SERVICES (VHS) PO BOX 4000 VAIL CO 81658 262648461 HOLDING CO CO 501(C)(3) LINE 12C, III-FI N/A 0 VAIL HEALTH SERVICES FOUNDATION PO BOX 4000 VAIL CO 81658 742505662 FUNDRAISING CO 501(C)(3) LINE 12B, II VAIL HEALTH SERVICES 0 EAGLE VALLEY MENTAL HEALTH PO BOX 4000 VAIL CO 81658 834327406 BEHAVIORAL HEALTH SERVICES CO 501(C)(3) LINE 7 VAIL HEALTH SERVICES 0 VAIL VALLEY SURGERY CENTER LLC PO BOX 1270 VAIL CO 816581270 030419967 HEALTH CARE CO N/A 0 0 EAGLE RIVER REAL ESTATE HOLDINGS PO BOX 4000 VAIL CO 816581270 831523347 RENTAL CO N/A 0 0 VHS MANAGEMENT SERVICES INC 181 W MEADOW DRIVE SUITE 100 VAIL CO 81657 262647982 HEALTH CARE CO N/A C 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1