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Valley Health System

Winchester, VA · EIN 52-1357729 · 501(c)(3) · Supporting organization (509(a)(3))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Valley Health System reported $204.5 million in revenue and $200.9 million in expenses for calendar year 2024. Of every $100 it spent, $84.40 went to program services, $14.98 to management and general costs and $0.62 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 82.0% of the total. The highest compensation it reported for one person was $2,166,144 (President & CEO). 323 people received more than $100,000 in reportable compensation. Revenue rose 37% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $201M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $204M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
84.4%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
15.0%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.6%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$1.24$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.5%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.5%0.1%
Program service revenue share
Part VIII 2g ÷ 12
82.0%93.7%
Highest reported compensation
Part VII-A, columns D–F
$2,166,144$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.08%1.34%
People paid over $100,000
Part VII, line 2
32327
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-0.56.6
Independent voting board members
Part VI 1a–1b
13 of 1488.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$170M expenses · 100.0% of program spending · grants $1.2M · revenue $183M

Organization provided management and/or support services to 14 subsidiaries and 8 outside healthcare organizations during 2024

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
President & CEO
Director/trustee, officer, 6.00 hrs/week
$2,084,107$0$82,037$2,166,144
SVP WMC
Officer, 1.00 hrs/week
$0$1,037,346$64,150$1,101,496
CMO
Officer, 39.00 hrs/week
$895,066$0$51,744$946,810
Former trustee/Physician
Listed in Part VII, 0.00 hrs/week
$852,953$0$55,641$908,594
CFO
Officer, 1.00 hrs/week
$805,715$0$58,725$864,440
Vice President
Officer, 1.00 hrs/week
$0$686,083$88,464$774,547
Vice President
Officer, 1.00 hrs/week
$0$688,588$79,668$768,256
Vice President
Officer, 1.00 hrs/week
$0$652,915$46,492$699,407

323 people received more than $100,000 in reportable compensation from Valley Health System (Part VII, line 2). Compensation of current officers, directors and key employees totaled $7.7M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$100M$200M$300M$400M201920202021202220232024$204M$201M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$204M$201M84.4%−$8.0M$2,166,144
2023 ⓘ$190M$192M84.6%−$6.3M$1,989,381
2022 ⓘ$187M$182M84.7%$13M$1,769,149
2021 ⓘ$161M$159M84.8%$13M$1,485,236
2020 ⓘ$157M$149M84.7%$14M$1,927,011
2019 ⓘ$149M$135M85.5%$16M$1,793,001

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b14 · 13 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 57,154

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
Ensemble RMC LLC
service
$52,079,189
POWER WELLNESS MANAGEMENT
Service and mgmt fee
$2,776,239
INOVA HEALTHCARE SERVICES
Service fee
$2,367,203
Epic Systems Corporation
Service products
$1,693,649
HUNTZINGER MANAGEMENT
Services
$1,310,184

Individuals listed as contractors are left out. 32 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Valley Health System's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Valley Health System, you can publish a response that is linked from this page.

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Questions people ask

How much of Valley Health System's spending goes to programs?

In calendar year 2024, Valley Health System reported that 84.4% of its $200.9 million in expenses went to program services, 15.0% to management and general and 0.6% to fundraising (Form 990, Part IX).

How much does Valley Health System pay its top executive?

The largest total compensation Valley Health System reported for one person in calendar year 2024 was $2,166,144, for the role of President & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Valley Health System get its money?

Of $204.5 million in revenue in calendar year 2024, 0.5% came from contributions and grants (including 0.5% from government grants) and 82.0% from program service revenue (Form 990, Part VIII).

Is Valley Health System a registered charity?

The IRS lists EIN 52-1357729 as a 501(c)(3) organization (supporting organization (509(a)(3))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202513179349307876 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202403199349318320 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202303209349302935 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202213189349309536 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202113199349304201 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202013159349301631 · read the filing

All filings for EIN 52-1357729: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.