Pleasant Valley Hospital Inc is located in Pt Pleasant, WV. The organization was established in 1963. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2023, Pleasant Valley Hospital Inc employed 505 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pleasant Valley Hospital Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, Pleasant Valley Hospital Inc generated $64.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $62.2m during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Pleasant Valley Hospital Inc has awarded 20 individual grants totaling $334,904. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE QUALITY INPATIENT AND OUTPATIENT HEALTHCARE TO THE COMMUNITY REGARDLESS OF ABILITY TO PAY. PROVIDE A WELLNESS CENTER TO PROMOTE COMMUNITY HEALTH THROUGH FITNESS PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HOSPITAL PROVIDED 6,498 ACUTE AND SWING DAYS; 81,177 OUTPATIENT VISITS; 10,767 EMERGENCY ROOM VISITS; 1,387 AMBULATORY SURGERIES; 743 OBSERVATION VISITS; AND 51,965 PHYSICIAN OFFICE VISITS.
THE HOSPITAL OPERATES A WELLNESS CENTER WHICH PROVIDES COMMUNITY HEALTH EDUCATION AND FITNESS PROGRAMS THAT ARE AVAILABLE TO HOSPITAL EMPLOYEES AND ALL RESIDENTS OF THE SURROUNDING COMMUNITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Sellards Chairman | OfficerTrustee | 1 | $0 |
Rocky Sturgeon Vice Chairman | OfficerTrustee | 1 | $0 |
Dallas Kayser Secretary | OfficerTrustee | 1 | $0 |
Eddie Lanham Treasurer | OfficerTrustee | 1 | $0 |
Maurice Cooley Trustee | Trustee | 1 | $0 |
Claire Cottrill Trustee | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Health Carousel Travel Nurses | 9/29/23 | $611,652 |
Ecg Management Consultants Management Consultants | 9/29/23 | $397,879 |
Credit Solutions Llc Physician Office Coding And Collections | 9/29/23 | $315,997 |
Jnp Local Llc Travel Nurses | 9/29/23 | $278,274 |
Uniti Med Llc Travel Nurses | 9/29/23 | $257,856 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $6,876,554 |
Investment income | $2,271,955 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $269,115 |
Net Gain/Loss on Asset Sales | $644,814 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $64,196,308 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $397,146 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $17,601,168 |
Pension plan accruals and contributions | $490,054 |
Other employee benefits | $5,858,925 |
Payroll taxes | $2,088,624 |
Fees for services: Management | $0 |
Fees for services: Legal | $105,195 |
Fees for services: Accounting | $55,304 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $13,019,557 |
Advertising and promotion | $465,851 |
Office expenses | $4,924,403 |
Information technology | $19,919 |
Royalties | $0 |
Occupancy | $1,076,001 |
Travel | $68,221 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $225,646 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,671,473 |
Insurance | $679,523 |
All other expenses | $0 |
Total functional expenses | $62,169,824 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,481,352 |
Savings and temporary cash investments | $1,145,214 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,720,042 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $1,774,179 |
Prepaid expenses and deferred charges | $319,807 |
Investments—publicly traded securities | $22,443,974 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,079,892 |
Total assets | $44,345,063 |
Accounts payable and accrued expenses | $8,428,521 |
Grants payable | $0 |
Deferred revenue | $3,495,184 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $5,346,003 |
Total liabilities | $17,269,708 |
Net assets without donor restrictions | $27,075,355 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $27,075,355 |
Over the last fiscal year, Pleasant Valley Hospital Inc has awarded $30,000 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
HANNAN HIGH SCHOOL PURPOSE: School based clinic donation | $5,000 |
WAHAMA HIGH SCHOOL PURPOSE: School based clinic donation | $5,000 |
POINT PLEASANT HIGH SCHOOL PURPOSE: School based clinic donation | $20,000 |