Potomac Valley Hospital Inc
86% goes to programs $0 to raise $100 Growing revenue
Potomac Valley Hospital Inc is a 501(c)(3) organization based in Keyser, West Virginia, registered in 2014, with $95,559,235 in FY2024 revenue. CharityIndex grades it A, and it directs about 86% of spending to programs.
100 Pin Oak Ln, Keyser, WV, 26726 EIN 55-0420956 Since 2014
Revenue (FY2024)
$95.6M
▲ 14.8% vs prior year
Health median: $840K
Expenses (FY2024)
$88.9M
Net assets
$33.0M
Employees
509
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 rating86% 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 Potomac Valley Hospital Inc: 86% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating4 mo reserves · +7% 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 Potomac Valley Hospital Inc: 4 mo reserves · +7% 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 Potomac Valley Hospital Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 Potomac Valley Hospital Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Potomac valley strives to improve the total health status of area residents and provide supportive care for the chronically and/or terminally ill patients at home.
What they do
General surgical services are provided as emergent and scheduled services on both an inpatient and an outpatient basis. pvh had 844 general surgery visits in 2024. pvh also performed 831 orthopaedic surgeries.
Pvh emergency department is staffed 24 hours everyday with specially trained physicians and nursing staff. the level of care ranges from continuation or initiation of advanced life support, to the assessment and treatment of minor illness, injuries or the acceleration of chronic medical conditions. the emergency department is connected by ration to civil defense and all area rescue squads and ambulances, thus allowing the staff to be fully prepared for any incoming emergency in advance of the arrival. the emergency department saw 18,365 patients in 2024.
Contact & location
- Address
- 100 Pin Oak Ln, Keyser, WV, 26726
- City
- Keyser
- State
- West Virginia
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $23.2M (FY2016) to $95.6M (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $30.7MNet assets $33.0M
Operating margin
7.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$63.6M
Total liabilities
$30.7M
Net assets
$33.0M
Salaries & benefits
$39.2M
44% of expenses
Board members
9
6 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $95,559,235▲14.8% | $88,902,448▲18.5% | $32,952,166▲20.9% | $63,630,538▲6.1% | 990 |
| 2023 | $83,206,937▲16.5% | $75,042,321▲22.9% | $27,248,702▲35.4% | $59,974,562▲10.9% | 990 |
| 2022 | $71,436,905▲29.7% | $61,047,480▲25.1% | $20,118,966▲92.9% | $54,057,742▲31.0% | 990 |
| 2021 | $55,066,780▲35.8% | $48,807,503▲32.9% | $10,432,353▲120% | $41,281,196▲13.3% | 990 |
| 2020 | $40,549,718▲17.2% | $36,713,307▲7.9% | $4,752,347▲279% | $36,441,115▲39.0% | 990 |
| 2019 | $34,595,792▲30.3% | $34,020,883▲28.3% | $1,254,325▲27.2% | $26,214,566▲4.3% | 990 |
| 2018 | $26,541,935▲12.1% | $26,510,549▲8.5% | $986,037▼34.9% | $25,130,628▼10.9% | 990 |
| 2017 | $23,685,280▲2.0% | $24,438,171▲5.1% | $1,513,875▼58.0% | $28,206,837▲3.5% | 990 |
| 2016 | $23,231,790 | $23,260,709 | $3,605,720 | $27,252,501 | 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 (FY2024)
Highest-paid: Hamed Vahedikafshgari Md — $972,667 (1.09% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Hamed Vahedikafshgari Md | Physician | 40 | $972,667 |
| Charles Bess Md | Physician | 40 | $555,461 |
| Sherif Dabash Md | Physician | 40 | $485,796 |
| Alan Stephens Md | Physician | 40 | $409,067 |
| Boyd Sprenkle Md | Physician | 34 | $369,664 |
| Marjorie Fridkin | Director, Cmo | 16 | $204,071 |
| Mark Boucot | Ceo | 16 | $179,234 |
| Harshad Bokil Md | Director, Physician | 21 | $133,029 |
| Amy Boothe | Vp Operations Finance | 16 | $107,318 |
| Kendra Thayer | Vp of Nursing, Cno | 16 | $100,719 |
| Darin Rogers | Director, Wvuhs Vp Provider Network Services | 1 | — |
| Dinah Courrier | Director | 1 | — |
| Elaine Geroski | Vp, Nursing, Through September 2022 | — | — |
| Frances Jones | Director | 1 | — |
| Jerry Whisner | Director, Chair | 1 | — |
| Kevin Clark | Director | 1 | — |
| Louie Kitzmiller | Director, Treasurer | 1 | — |
| Robin Haupt | Director, Secretary | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Medical Solutions LLC | Contract Labor / Purchased Services | $2,143,727 |
| Alliance Recruiting Resources Inc | Contract Labor / Purchased Services | $1,860,548 |
| Hayes Locums LLC | Contract Labor / Purchased Services | $633,280 |
| Cardiosolutions Physicians Californ | Contract Labor / Purchased Services | $161,460 |
| Kezlo Group LLC | Consulting Professional Fees | $147,900 |
Grants received · $10K total
1 grant to Potomac Valley Hospital Inc totaling $10K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| World Vision | Hospitals & primary medical care | 2022 | $10,000 |
Grants made · $84K in FY2024
2 grants totaling $84K in FY2024. All grants made by Potomac Valley Hospital Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Mineral County Schools | — | $69,413 |
| State of West Virginia | Sponsorship | $15,000 |
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Frequently asked questions
- Is Potomac Valley Hospital Inc a legitimate nonprofit?
- Yes. Potomac Valley Hospital Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 55-0420956, based in Keyser, West Virginia. Donations are tax-deductible.
- What is Potomac Valley Hospital Inc's EIN?
- Potomac Valley Hospital Inc's Employer Identification Number (EIN) is 55-0420956.
- How much revenue does Potomac Valley Hospital Inc report?
- Potomac Valley Hospital Inc reported $95,559,235 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Potomac Valley Hospital Inc's spending goes to programs?
- Potomac Valley Hospital Inc spends about 86% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Potomac Valley Hospital Inc have?
- CharityIndex grades Potomac Valley Hospital Inc A, based on program efficiency and fundraising cost.
- How much does Potomac Valley Hospital Inc's highest-paid employee make?
- The highest reported compensation on Potomac Valley Hospital Inc's latest Form 990 is $972,667, paid to Hamed Vahedikafshgari Md (Physician).
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Data for Potomac Valley Hospital Inc (EIN 55-0420956) 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.