Official Seal, Everything Is Broken (2026)

Everything Is Broken

Report No. 1 · Nonprofit Hospital Executive Pay vs Charity Care · Annual Report, 2026 edition

Alaska · Ranked 827 of 1033 by CEO pay.

Valley Hospital Association Inc dba Mat-Su Health Foundation

Elizabeth Ripley, Chief Executive Officer. Fiscal year ending 2024-12.

$332,566
CEO total compensation
Form 990 Part VII, columns D+E+F
0.54%
of expenses spent on charity care
Schedule H Part I line 7a
169.0%
CEO pay as a share of all charity care
In the most recent filing year, Elizabeth Ripley’s reported compensation was $332,566. The system’s charity care for the same year was $196,741. One person’s reported compensation was 1.7 times what the system gave to every patient who could not pay.

§1The filing

Total revenue
$57,147,246
Total expenses
$36,452,733
Net assets
$427,516,084
Employees
46
Hospitals covered
1 facilities across 1 filing
Charity care, net
$196,741
Bad debt
$463,209
Medicare surplus (shortfall), as filed
$2,651,052
CEO pay from the organization (Part VII col. D)
$317,933
From related organizations (col. E)
$0
Other compensation, including deferred pay and nontaxable benefits (col. F)
$14,633
CEO total compensation (D+E+F)
$332,566 to Elizabeth Ripley

Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.

Source: Form 990, Valley Hospital Association Inc dba Mat-Su Health Foundation, EIN 92-0019395, fiscal year ending 2024-12, as published by the IRS. CEO identification: ceo title.

§2Community benefit versus charity care

What the system reported as total community benefit (Schedule H line 7k)$24.1M Of which charity care to patients who could not pay (line 7a)$196,741 (1%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($463,209) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.

Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.

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Valley Hospital Association Inc dba Mat-Su Health Foundation: CEO pay $332,566, charity care 0.54% of expenses