Carilion New River Valley Medical Center
83% goes to programs $0 to raise $100 Strong reserves
Carilion New River Valley Medical Center is a 501(c)(3) organization based in Roanoke, Virginia, registered in 1941, with $358,113,887 in FY2023 revenue. CharityIndex grades it A, and it directs about 83% of spending to programs.
Po Box 12385, Roanoke, VA, 24025 EIN 54-0553805 Since 1941
Revenue (FY2023)
$358.1M
▲ 20.0% vs prior year
Health median: $840K
Expenses (FY2023)
$299.1M
Net assets
$413.8M
Employees
1,757
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating83% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Carilion New River Valley Medical Center: 83% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating17 mo reserves · +16% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Carilion New River Valley Medical Center: 17 mo reserves · +16% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Carilion New River Valley Medical Center: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Carilion New River Valley Medical Center: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Our mission is to improve the health of the communities we serve through our commitment to a common purpose of better patient care, better community health, and lower cost.
Contact & location
- Address
- Po Box 12385, Roanoke, VA, 24025
- City
- Roanoke
- State
- Virginia
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $192.9M (FY2013) to $358.1M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $91.4MNet assets $413.8M
Operating margin
16.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$505.2M
Total liabilities
$91.4M
Net assets
$413.8M
Salaries & benefits
$98.1M
33% of expenses
Board members
16
13 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $358,113,887▲20.0% | $299,102,268▲7.5% | $413,804,623▲16.8% | $505,192,407▲14.7% | 990 |
| 2022 | $298,379,865▼0.6% | $278,301,998▼2.0% | $354,427,194▲6.8% | $440,585,289▲3.5% | 990 |
| 2021 | $300,257,287▼4.0% | $283,842,583▲14.1% | $331,887,153▼1.5% | $425,753,311▼7.6% | 990 |
| 2020 | $312,850,170▲21.7% | $248,673,906▲11.0% | $336,940,272▲25.1% | $461,004,073▲13.5% | 990 |
| 2019 | $256,963,419▼1.1% | $224,096,504▲5.9% | $269,258,645▼1.5% | $406,129,068▲5.5% | 990 |
| 2018 | $259,715,753▲7.8% | $211,681,591▲3.5% | $273,411,835▲4.3% | $385,032,388▲8.5% | 990 |
| 2017 | $240,936,069▲7.1% | $204,531,227▲5.0% | $262,028,792▲20.4% | $354,911,781▲11.7% | 990 |
| 2016 | $225,044,269▲5.4% | $194,751,731▲7.2% | $217,610,098▲19.1% | $317,688,720▲7.0% | 990 |
| 2015 | $213,464,704▲3.6% | $181,715,019▲8.6% | $182,684,438▲1.0% | $297,025,997▲5.1% | 990 |
| 2014 | $206,068,312▲6.8% | $167,327,768▲8.1% | $180,872,624▲2.5% | $282,709,552▲1.4% | 990 |
| 2013 | $192,922,504 | $154,758,159▲6.9% | $176,476,151▲22.0% | $278,871,350▲17.4% | 990 |
| 2012 | — | $144,776,686▲4.7% | $144,600,004▲35.2% | $237,584,592▲8.7% | 990 |
| 2011 | — | $138,239,305▲2.6% | $106,923,844▲28.8% | $218,573,426▲15.0% | 990 |
| 2010 | — | $134,762,916▲4.2% | $83,001,462▲6.5% | $190,142,332▲5.8% | 990 |
| 2009 | — | $129,355,978 | $77,936,976 | $179,764,362 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: William Flattery — $319,259 (0.11% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| William Flattery | Director/sec/treas./hosp. Vp | 46.3 | $319,259 |
| Ralph Brown Md | Physician | 50 | $263,647 |
| Kathleen Tickle | Pharmacist | 50 | $175,244 |
| Donna Shelor | Pharmacist | 50 | $175,072 |
| Michael Czar | Pharmacy Director | 50 | $167,181 |
| Kristi Hall | Nursing Senior Director | 40 | $166,733 |
| Anthony Wilson | Director | 1.2 | — |
| Ashish Raju Md | Director | 1.2 | — |
| Bret Danilowicz Phd | Director | 1.2 | — |
| Charles Bissell Md | Director | 1.2 | — |
| David Hagadorn | Former Officer | 0 | — |
| Diane Akers | Director/chair | 2.5 | — |
| Donald Halliwill | Asst. Treasurer | 0.5 | — |
| G Robert Vaughan Jr | Asst. Treasurer | 0.5 | — |
| James Mcalister | Director | 1.2 | — |
| J Harrison Lapuasa | Asst. Treasurer | 0.5 | — |
| J Thomas Ryan Md | Director | 1.2 | — |
| Julie Smith-hamilton | Asst. Secretary | 0.5 | — |
| Karla Udell Yates | Director | 1.2 | — |
| Kevin Byrd | Director | 1.2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Qualivis LLC | Temporary Staffing | $6,705,181 |
| Quest Diagnostics | Laboratory Services | $6,414,360 |
| Anesthesiology Assoc of Radford | Anesthesiology Services | $4,984,468 |
| Avant Healthcare Professionals LLC | Temporary Staffing | $1,189,706 |
| F & S Building Innovations Inc | Contractor Services | $874,987 |
Grants received · $6,897 total
1 grant to Carilion New River Valley Medical Center totaling $6,897, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| March of Dimes Inc | Pub & prof education | 2014 | $6,897 |
Grants made · $169K in FY2023
4 grants totaling $169K in FY2023. All grants made by Carilion New River Valley Medical Center →
| Recipient | Purpose | Amount |
|---|---|---|
| Radford University Foundation | Annual fund, scholarships | $115,000 |
| Virginia Tech Foundation Inc | Scholarships | $33,500 |
| Blacksburg Country Club Charitable Foundation Inc | Event sponsorship | $15,000 |
| New River Valley Child Advocacy Resources Education and Services | Child adversity/trauma | $5,500 |
Similar organizations in Health
Health
Uva Prince William Medical Center
Manassas, VA
$388.8M
A+annual revenue
Health
Potomac Hospital Corporation of Prince William
Virginia Bch, VA
$326.1M
B+annual revenue
Sentara Medical Group
Virginia Bch, VA
$401.5M
C+annual revenue
Martha Jefferson Hospital
Virginia Bch, VA
$408.6M
B+annual revenue
Health
Carilion Services Inc
Roanoke, VA
$427.1M
Aannual revenue
Sentara Princess Anne Hospital
Virginia Bch, VA
$461.3M
B+annual revenue
Health
Valley Health System
Winchester, VA
$204.5M
Cannual revenue
Uva Culpeper Medical Center
Culpeper, VA
$194.1M
Aannual revenue
Health
American Foundation For Donation and Transplantation
N Chesterfld, VA
$531.8M
B+annual revenue
Health
Mary Washington Healthcare
Fredericksbrg, VA
$171.8M
Cannual revenue
Compare Carilion New River Valley Medical Center
Frequently asked questions
- Is Carilion New River Valley Medical Center a legitimate nonprofit?
- Yes. Carilion New River Valley Medical Center is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 54-0553805, based in Roanoke, Virginia. Donations are tax-deductible.
- What is Carilion New River Valley Medical Center's EIN?
- Carilion New River Valley Medical Center's Employer Identification Number (EIN) is 54-0553805.
- How much revenue does Carilion New River Valley Medical Center report?
- Carilion New River Valley Medical Center reported $358,113,887 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Carilion New River Valley Medical Center's spending goes to programs?
- Carilion New River Valley Medical Center spends about 83% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Carilion New River Valley Medical Center have?
- CharityIndex grades Carilion New River Valley Medical Center A, based on program efficiency and fundraising cost.
- How much does Carilion New River Valley Medical Center's highest-paid employee make?
- The highest reported compensation on Carilion New River Valley Medical Center's latest Form 990 is $319,259, paid to William Flattery (Director/sec/treas./hosp. Vp).
More nonprofits in Roanoke
Explore more
Data for Carilion New River Valley Medical Center (EIN 54-0553805) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.