Pleasant Valley Hospital Inc
- Assets
- $44.3m
- Revenue
- $64.2m
- Investments
- $0.0
- Employees
- 505
- Location
- Pt Pleasant, WV
- Founding
- 08/1963
- Data as of
- 09/2021
- EIN
- 55-0440086
Organization Overview
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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| 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 |
Outside Vendors & Contractors
| 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 |
Financial Statements
| 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 |
Grants Awarded
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 |