Valley Health Systems Inc
- Assets
- $95.4m
- Revenue
- $69.3m
- Investments
- $833.2k
- Employees
- 358
- Location
- Huntington, WV
- Founding
- 12/1975
- Data as of
- 05/2023
- EIN
- 55-0554001
Organization Overview
Valley Health Systems Inc is located in Huntington, WV. The organization was established in 1975. As of 05/2023, Valley Health Systems Inc employed 358 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley Health Systems 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 05/2023, Valley Health Systems Inc generated $69.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $70.8m during the year ending 05/2023. While expenses have increased by 12.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Valley Health Systems Inc has awarded 27 individual grants totaling $881,826. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE MEDICAL SERVICES TO MEDICALLY UNDERSERVED AREAS IN WEST VIRGINIA AND THE TRI-STATE AREA OF HUNTINGTON, WV AND IRONTON, OH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDED OPERATIONAL SUBSIDIES FOR FIVE PRIMARY CARE CENTERS PROVIDED UNDER A COMMUNITY HEALTH CENTERS GRANT FROM THE U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES. CLINICS ALSO PROVIDED EDUCATIONAL TRAINING TO FAMILY PRACTICE RESIDENTS, DENTAL RESIDENTS, PSYCHOLOGY RESIDENTS, PHYSICIAN ASSISTANTS, AND NURSE PRACTITIONERS. MEDICAL, DENTAL, BEHAVIORAL HEALTH, AND VISION SERVICES ARE OFFERED AND PROVIDED TO ALL PATIENTS. OTHER SERVICES PROVIDED TO PATIENTS INCLUDE: NUTRITION EDUCATION, DIABETES EDUCATION, SOCIAL DETERMINANT SERVICES, PATIENT ADVOCACY SERVICES, TRANSITIONAL CARE MANAGEMENT, AND CHRONIC CARE MANAGEMENT-ALL REGARDLESS OF A PATIENT'S ABILITY TO PAY. FOR ELIGIBLE PATIENTS, SERVICES UNDER THE BLACK LUNG PROGRAM, ADOLESCENT HEALTH PROGRAM AND HEALTHCARE FOR THE HOMELESS ARE ALSO PROVIDED. FINANCIAL ASSISTANCE IS PROVIDED FOR ELIGIBLE PATIENTS FOR ALL SERVICES- INCLUDING LABORATORY AND DIAGNOSTIC TESTING SERVICES- AS WELL AS PHARMACEUTICALS. ADDITIONALLY, DISCOUNTS ON DRUGS AND FREE BLOOD PRESSURE, VISION AND DENTAL SCREENINGS ARE OFFERED- ALONG WITH FREE PATIENT EDUCATION AT MULTIPLE OUTREACH EVENTS AND LOCATIONS. ALSO, THE OGANIZATION PROVIDED $361,556 IN CHARITY CARE TO INDIGENT PATIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill Hutchinson Chair | Trustee | 1.5 | $0 |
Greg Agee Vice Chair | Trustee | 0.5 | $0 |
Ben Howard Treasurer | Trustee | 2.5 | $0 |
Sherry Perry Secretary | Trustee | 0.5 | $0 |
Bill Bryant Director | Trustee | 0.5 | $0 |
Cokey Muth Director | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bc Construction And Development Construction On Bluilding | 5/30/23 | $1,222,963 |
Medix Staffing Solutions Inc Epic Consulting | 5/30/23 | $1,054,496 |
Clean Your Way Cleaning | 5/30/23 | $293,713 |
Lawrence Fine Consulting | 5/30/23 | $180,000 |
Saunders Lawn Care Snow Removal And Lawn Care | 5/30/23 | $124,688 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $19,132,320 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,462,755 |
| Noncash contributions included in lines 1a–1f | $134,484 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,595,075 |
| Total Program Service Revenue | $36,750,272 |
| Investment income | $139,044 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $69,325,597 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $100,546 |
| 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. | $4,891,696 |
| Compensation of current officers, directors, key employees. | $1,717,077 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $32,366,378 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,434,076 |
| Payroll taxes | $2,455,808 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $193,493 |
| Fees for services: Accounting | $44,559 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $735,013 |
| Office expenses | $3,110,950 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,548,230 |
| Travel | $176,097 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $400 |
| Interest | $38,135 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,481,474 |
| Insurance | $295,851 |
| All other expenses | $967,753 |
| Total functional expenses | $70,811,291 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,326 |
| Savings and temporary cash investments | $45,555,894 |
| Pledges and grants receivable | $146,805 |
| Accounts receivable, net | $5,738,168 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $223,607 |
| Inventories for sale or use | $1,387,452 |
| Prepaid expenses and deferred charges | $13,520 |
| Net Land, buildings, and equipment | $41,500,037 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $833,213 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $95,416,022 |
| Accounts payable and accrued expenses | $9,766,634 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $5,746,528 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,450,884 |
| Total liabilities | $23,964,046 |
| Net assets without donor restrictions | $68,030,120 |
| Net assets with donor restrictions | $3,421,856 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $95,416,022 |
Grants Awarded
Over the last fiscal year, Valley Health Systems Inc has awarded $100,546 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
MONONGAHELA VALLEY ASSOCIATION OF HEALTH CENTERS INC PURPOSE: HEALTHCARE FOR THE HOMELESS | $40,000 |
WHEELING HEALTH RIGHT INC PURPOSE: HEALTHCARE FOR THE HOMELESS | $44,550 |
COMMUNITY HEALTH SYSTEMS INC PURPOSE: HEALTHCARE FOR THE HOMELESS | $15,996 |