Valley Health Systems Inc
- Assets
- $90.9m
- Revenue
- $66.6m
- Investments
- $607.0k
- Employees
- 316
- Location
- Huntington, WV
- Founding
- 12/1975
- Data as of
- 05/2022
- EIN
- 55-0554001
Organization Overview
Valley Health Systems Inc is located in Huntington, WV. The organization was established in 1975. As of 05/2022, Valley Health Systems Inc employed 316 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 05/2022, Valley Health Systems Inc generated $66.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $53.4m during the year ending 05/2022. While expenses have increased by 9.4% per year over the past 7 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
2022
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 PROVIDING MEDICAL AND DENTAL SERVICES TO UNDERSERVED POPULATION IN WEST VIRGINIA 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, PHYSICIAN ASSISTANTS, NURSE PRACTITIONERS AND NURSE MIDWIVES. PROVIDED NUTRITION EDUCATION, SOCIAL SERVICES, BLACK LUNG PROGRAM, ADOLESCENT HEALTH CARE PROGRAM, AND HEALTH CARE FOR THE HOMELESS. PROVIDED FREE BLOOD PRESSURE, VISION AND DENTAL SCREENINGS AND CONDUCTED A FREE HEALTH FAIR. ALSO PROVIDED $130,393 IN CHARITY CARE TO INDIGENT PATIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Shattls CEO | Officer | 40 | $849,717 |
Andrea Kellar Physician | 40 | $769,402 | |
Aaron Scaife Physician | 40 | $759,709 | |
Daniel Whitmore Physician | 40 | $573,548 | |
Ashleigh Clickett Physician | 40 | $562,251 | |
Richard Booth Jr Physician | 40 | $510,084 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $22,215,559 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,762,520 |
| Noncash contributions included in lines 1a–1f | $131,706 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,978,079 |
| Total Program Service Revenue | $30,903,882 |
| Investment income | $351,690 |
| 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 | $66,614,600 |
| 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. | $5,029,911 |
| Compensation of current officers, directors, key employees. | $1,482,341 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $23,267,293 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,727,757 |
| Payroll taxes | $1,868,056 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $138,086 |
| Fees for services: Accounting | $76,781 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $389,185 |
| Office expenses | $2,859,468 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,189,933 |
| Travel | $113,807 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,706 |
| Interest | $16,003 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,448,296 |
| Insurance | $270,025 |
| All other expenses | $588,974 |
| Total functional expenses | $53,358,166 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,603 |
| Savings and temporary cash investments | $56,913,348 |
| Pledges and grants receivable | $1,479,674 |
| Accounts receivable, net | $2,148,423 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $19,775 |
| Inventories for sale or use | $1,154,620 |
| Prepaid expenses and deferred charges | $13,486 |
| Net Land, buildings, and equipment | $28,586,506 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $606,994 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $90,937,429 |
| Accounts payable and accrued expenses | $7,808,345 |
| 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 | $5,952,711 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,155,836 |
| Total liabilities | $19,916,892 |
| Net assets without donor restrictions | $66,891,863 |
| Net assets with donor restrictions | $4,128,674 |
| 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 | $90,937,429 |
Grants Awarded
Over the last fiscal year, Valley Health Systems Inc has awarded $100,546 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Wheeling, WV PURPOSE: HEALTHCARE FOR THE HOMELESS | $44,550 |
Fairmont, WV PURPOSE: HEALTHCARE FOR THE HOMELESS | $40,000 |
Beckley, WV PURPOSE: HEALTHCARE FOR THE HOMELESS | $15,996 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Valley Health Systems Inc has recieved totaling $81.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $81 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Keystone Rural Health Center Chambersburg, PA | $105,417,846 | $89,865,768 |
Valley Health Systems Inc Huntington, WV | $90,937,429 | $66,614,600 |
Shenandoah Valley Medical System Inc Martinsburg, WV | $20,160,961 | $29,441,472 |
Grant Medical Center Inc Milton, WV | $14,264,247 | $33,165,986 |
Eastern Shore Rural Health System Incorporated Onancock, VA | $50,328,522 | $38,285,000 |
Johnson Health Center Madison Heights, VA | $19,364,438 | $25,927,711 |
Wirt County Health Services Association Inc Elizabeth, WV | $26,038,345 | $19,270,065 |
Belington Community Medical Services Association Belington, WV | $10,460,727 | $13,085,465 |
Bluestone Health Association Inc Princeton, WV | $18,723,042 | $16,200,810 |
Community And Rural Health Services Fremont, OH | $17,093,831 | $13,899,941 |
Preston-Taylor Community Health Centers Incorporated Grafton, WV | $12,745,072 | $12,724,844 |
Keystone Rural Health Consortia Inc Emporium, PA | $4,078,839 | $9,436,613 |