Centra Health
Centra Health reported $1.17 billion in revenue and $1.17 billion in expenses for calendar year 2024. Of every $100 it spent, $80.25 went to program services, $19.75 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 96.7% of the total. The highest compensation it reported for one person was $2,878,656 (PRESIDENT/CEO (thru 4/18/2024)). 1,088 people received more than $100,000 in reportable compensation. Revenue rose 8% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $1.17BFor 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 $1.17BThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 80.2% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 19.8% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.5% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 96.7% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $2,878,656 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.24% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 1,088 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 8.0 | 6.6 |
| Independent voting board members Part VI 1a–1b | 15 of 18 | 88.9% |
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 expenseAs a regional health care leader, Centra Health is committed to providing access to quality health care throughout central and southern Virginia. During 2024 Centra's employees, medical staff and volunteers provided the region with over 25,240 inpatient admissions and over 137,900 days of care. The hospital has performed more than 15,000 surgeries and had over 92,600 emergency room visits. Centra is actively engaged in the community through business, civic and service organizations, and through its financial support of other not-for-profit organizations. Please see schedule H and visit our…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT/CEO (thru 4/18/2024) Director/trustee, officer, 50.0 hrs/week | $2,851,509 | $0 | $27,147 | $2,878,656 |
| SVP CHIEF FINANCIAL OFFICER (thru 8/14/2024) Key employee, 50.0 hrs/week | $1,801,574 | $0 | $27,500 | $1,829,074 |
| DIRECTOR MEDICAL Highest compensated employee, 50.0 hrs/week | $1,311,089 | $0 | $56,954 | $1,368,043 |
| DIRECTOR MEDICAL Highest compensated employee, 50.0 hrs/week | $1,095,338 | $0 | $56,769 | $1,152,107 |
| DIRECTOR MEDICAL Highest compensated employee, 50.0 hrs/week | $1,060,579 | $0 | $58,932 | $1,119,511 |
| DIRECTOR MEDICAL Highest compensated employee, 50.0 hrs/week | $1,023,231 | $0 | $60,167 | $1,083,398 |
| DIRECTOR MEDICAL Highest compensated employee, 50.0 hrs/week | $966,788 | $0 | $31,015 | $997,803 |
| PRESIDENT/CEO (as of 4/18/2024) Director/trustee, officer, 50.0 hrs/week | $782,536 | $0 | $54,586 | $837,122 |
1,088 people received more than $100,000 in reportable compensation from Centra Health (Part VII, line 2). Compensation of current officers, directors and key employees totaled $11M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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–1b18 · 15 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 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 57,991
- Volunteers Part I, line 6300
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| RALEIGH RADIOLOGY ASSOCIATES INC Physicians | $8,761,505 |
| KAHLER SLATER INC Architecture consulting | $7,552,582 |
| MBS LOCUMS LLC Staffing | $3,018,251 |
| PHI AIR MEDICAL Transportation | $2,593,452 |
| HEALTHCARE REVENUE CYCLE MANAGEMENT SOLUTIONS LLC Revenue cycle services | $2,515,855 |
Individuals listed as contractors are left out. 95 contractors were paid more than $100,000 in all.
Private foundation grants it received
4 private foundations reported grants to Centra Health totaling $111K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Centra Health's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Centra Health, you can publish a response that is linked from this page.
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Of every $100 Centra Health spent in 2024, $80.25 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- United Health Services HospitalsBinghamton, NY · revenue $1.16B · programs 88.0% · 2024
- Kootenai HealthCoeur Dalene, ID · revenue $1.18B · programs 84.0% · 2025
- St Lukes Hospital of Kansas CityKansas City, MO · revenue $1.16B · programs 90.2% · 2023
- Tallahassee Memorial HealthcareTallahassee, FL · revenue $1.18B · programs 85.2% · FY2025
- Yale New Haven Health Services CorporationNew Haven, CT · revenue $1.16B · programs 86.0% · FY2025
Questions people ask
How much of Centra Health's spending goes to programs?
In calendar year 2024, Centra Health reported that 80.2% of its $1.17 billion in expenses went to program services, 19.8% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Centra Health pay its top executive?
The largest total compensation Centra Health reported for one person in calendar year 2024 was $2,878,656, for the role of PRESIDENT/CEO (thru 4/18/2024) (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Centra Health get its money?
Of $1.17 billion in revenue in calendar year 2024, 0.5% came from contributions and grants (including 0.0% from government grants) and 96.7% from program service revenue (Form 990, Part VIII).
Is Centra Health a registered charity?
The IRS lists EIN 54-0715569 as a 501(c)(3) organization (hospital or medical research organization), 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 202543099349303919 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202403209349326690 · read the filing
- 2022: Form 990 for calendar year 2022, object 202343199349311104 · read the filing
- 2021: Form 990 for calendar year 2021, object 202203169349301015 · read the filing
- 2020: Form 990 for calendar year 2020, object 202143179349300544 · read the filing
- 2019: Form 990 for calendar year 2019, object 202033109349302168 · read the filing
All filings for EIN 54-0715569: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.