Valley Health System Group Return
Valley Health System Group Return reported $1.44 billion in revenue and $1.34 billion in expenses for calendar year 2024. Of every $100 it spent, $78.32 went to program services, $21.68 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: 92.5% of the total. The highest compensation it reported for one person was $2,166,144 (President & CEO). 1,117 people received more than $100,000 in reportable compensation. Revenue rose 48% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $1.34BFor 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 $1.44BThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 78.3% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 21.7% | 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 | 0.7% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.2% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 92.5% | 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) | 0.16% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 1,117 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 10.8 | 6.6 |
| Independent voting board members Part VI 1a–1b | 40 of 44 | 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 expenseValley Health's mission is serving our community by improving health. Valley Health is composed of six core hospitals; hampshire memorial hospital, page memorial hospital, shenandoah memorial hospital, war memorial hospital, warren memorial hospital and winchester medical center. Valley Health brings together 620 licensed inpatient beds, 36 long-term care beds, 5,300 employees, and a medical staff exceeding 600 professionals.during 2024 the system provided the following services to the community - provided 171,773 total patient days of service: including 143,310 acute care days, 4,113 newborn…
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 Director/trustee, officer, 34.00 hrs/week | $0 | $2,084,107 | $82,037 | $2,166,144 |
| EMP PHYSICIAN Listed in Part VII, 50.00 hrs/week | $1,424,070 | $0 | $29,657 | $1,453,727 |
| Emp Physician Listed in Part VII, 50.00 hrs/week | $1,245,506 | $0 | $58,352 | $1,303,858 |
| Emp Physician Listed in Part VII, 50.00 hrs/week | $1,072,828 | $0 | $57,226 | $1,130,054 |
| SVP WMC Officer, 39.00 hrs/week | $1,037,346 | $0 | $64,150 | $1,101,496 |
| Emp Physician Listed in Part VII, 50.00 hrs/week | $1,042,483 | $0 | $56,304 | $1,098,787 |
| EMPLOYED PHYS Listed in Part VII, 50.00 hrs/week | $989,765 | $0 | $52,329 | $1,042,094 |
| CMO Officer, 1.00 hrs/week | $0 | $895,066 | $51,744 | $946,810 |
1,117 people received more than $100,000 in reportable compensation from Valley Health System Group Return (Part VII, line 2). Compensation of current officers, directors and key employees totaled $10M (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–1b44 · 40 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 2Yes
- 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 14bNo
- Employees Part I, line 50
- Volunteers Part I, line 6294
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| EMERGENCY MEDICINE OF BLUE RIDGE Embr services | $25,537,923 |
| WINCHESTER CARDIOLOGY AND VASCULAR MEDICINE Physician services | $22,599,323 |
| HEALTHTRUST WORKFORCE Nursing services | $19,073,862 |
| WINCHESTER ANESTHESIOLOGISTS Anesthesia services | $12,131,118 |
| WINCHESTER NEUROLOGICAL CONSULTANTS Physician services | $10,359,282 |
Individuals listed as contractors are left out. 20 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Valley Health System Group Return'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 Group Return, you can publish a response that is linked from this page.
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Of every $100 Valley Health System Group Return spent in 2024, $78.32 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Valley Health System Group Return's spending goes to programs?
In calendar year 2024, Valley Health System Group Return reported that 78.3% of its $1.34 billion in expenses went to program services, 21.7% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Valley Health System Group Return pay its top executive?
The largest total compensation Valley Health System Group Return 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 Group Return get its money?
Of $1.44 billion in revenue in calendar year 2024, 0.7% came from contributions and grants (including 0.2% from government grants) and 92.5% from program service revenue (Form 990, Part VIII).
Is Valley Health System Group Return a registered charity?
The IRS lists EIN 80-0584319 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 202503179349307930 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202413199349318321 · read the filing
- 2022: Form 990 for calendar year 2022, object 202323189349302252 · read the filing
- 2021: Form 990 for calendar year 2021, object 202233189349302368 · read the filing
- 2020: Form 990 for calendar year 2020, object 202143159349302354 · read the filing
- 2019: Form 990 for calendar year 2019, object 202023159349301132 · read the filing
All filings for EIN 80-0584319: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.