Valley Health System
84% goes to programs $124 to raise $100 Thin reserves Growing revenue
Valley Health System is a 501(c)(3) organization based in Winchester, Virginia, registered in 2009, with $204,470,710 in FY2024 revenue. CharityIndex grades it C, and it directs about 84% of spending to programs.
220 Campus Blvd Ste 310, Winchester, VA, 22601 EIN 52-1357729 Since 2009
Revenue (FY2024)
$204.5M
▲ 7.7% vs prior year
Health median: $840K
Expenses (FY2024)
$200.9M
Net assets
-$8.0M
Employees
7,154
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
FProgram efficiency40% of the rating84% to programs · $124 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 Valley Health System: 84% to programs · $124 to raise $100 earns a F on this criterion. See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · +2% 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 Valley Health System: 0 mo reserves · +2% margin earns a D 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 Valley Health System: 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 Valley Health System: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Serving our community by improving health. provision of healthcare and medical services.
Contact & location
- Address
- 220 Campus Blvd Ste 310, Winchester, VA, 22601
- City
- Winchester
- State
- Virginia
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $90.3M (FY2013) to $204.5M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $118.6MNet assets -$8.0M
Operating margin
1.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$110.6M
Total liabilities
$118.6M
Net assets
-$8.0M
Salaries & benefits
$119.7M
60% of expenses
Board members
14
13 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $204,470,710▲7.7% | $200,945,377▲4.9% | -$7,994,977▼27.4% | $110,609,525▲31.4% | 990 |
| 2023 | $189,898,848▲1.3% | $191,525,304▲5.5% | -$6,275,436▼150% | $84,152,690▼6.3% | 990 |
| 2022 | $187,428,345▲16.6% | $181,565,946▲14.5% | $12,613,899▲0.7% | $89,818,196▲1.4% | 990 |
| 2021 | $160,759,403▲2.4% | $158,529,206▲6.4% | $12,521,150▼10.9% | $88,570,252▼5.4% | 990 |
| 2020 | $157,041,843▲5.2% | $148,974,539▲10.0% | $14,055,178▼14.1% | $93,641,578▼0.2% | 990 |
| 2019 | $149,228,129▲8.6% | $135,449,982▲5.1% | $16,362,633▼12.0% | $93,869,773▲12.5% | 990 |
| 2018 | $137,457,269▲5.2% | $128,853,830▲10.3% | $18,592,837▼11.0% | $83,464,757▲1.1% | 990 |
| 2017 | $130,645,016▲11.9% | $116,829,112▲5.5% | $20,899,976▲72.4% | $82,593,789▲5.5% | 990 |
| 2016 | $116,765,045▲5.4% | $110,716,428▲2.7% | $12,123,009▲139% | $78,298,824▲26.3% | 990 |
| 2015 | $110,826,561▲5.6% | $107,785,111▲5.2% | $5,067,874▲255% | $61,993,974▲37.0% | 990 |
| 2014 | $104,968,641▲16.2% | $102,424,544▲11.7% | -$3,261,744▲13.7% | $45,266,970▼6.1% | 990 |
| 2013 | $90,331,469 | $91,664,685▲6.8% | -$3,779,196▼17.4% | $48,214,156▲13.7% | 990 |
| 2012 | — | $85,837,457▲10.4% | -$3,219,617▲23.8% | $42,411,103▼9.8% | 990 |
| 2011 | — | $77,770,709▲6.7% | -$4,222,729▲39.2% | $46,999,441▲14.0% | 990 |
| 2010 | — | $72,902,482 | -$6,947,051 | $41,218,759 | 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: Mark Nantz — $2,084,107 (1.04% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Mark Nantz | President & Ceo | 6 | $2,084,107 |
| Iyad Sabbagh | Cmo | 39 | $895,066 |
| Patrick Ireland | Former Trustee/physician | 0 | $852,953 |
| Robert Amos | Cfo | 1 | $805,715 |
| Elizabeth Savage | Sr Vp | 6 | $622,181 |
| Barbara Ballard | Cio | 30 | $567,530 |
| Theresa Trivette | Vice President | 2 | $552,852 |
| Walter Sowers | Legal Officer | 30 | $446,117 |
| Mark Baker | Vice President | 39 | $429,151 |
| Christine Lowman | Controller | 30 | $377,994 |
| Mary Barrick | Former Officer | 0 | $353,267 |
| Carla Dallmann | Vice President | 30 | $348,093 |
| Jeffrey Groesbeck | Assoc Director | 40 | $308,699 |
| Mary Roxer | Former Officer | 0 | $293,906 |
| Sharon Rigney | Former Officer | 0 | $293,590 |
| Christopher Gooditis | Cto | 40 | $290,502 |
| James Dale | Former Trustee | 0 | $280,135 |
| Amanda Fleming | Director | 40 | $278,677 |
| Carmen Clipper | Vice President | 40 | $270,293 |
| Kelly Boyd | Sr Director | 40 | $244,610 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| 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 |
Grants received · $137K total
10 grants to Valley Health System totaling $137K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Cancer Society Inc | Patient support | 2024 | $7,500 |
| Mayo Clinic Group Return | Support charitable purpose | 2021 | $7,110 |
| Valley Health System | Direct grant | 2020 | $31,170 |
| Valley Health System | Direct grant | 2019 | $10,000 |
| Mayo Clinic Group Return | Support charitable programs | 2018 | $9,650 |
| Valley Health System | Direct grant | 2018 | $7,761 |
| Valley Health System | Direct grant | 2017 | $22,336 |
| Mayo Clinic Group Return | Support charitable programs | 2017 | $7,900 |
| Valley Health System | Direct grant | 2016 | $6,650 |
| Valley Health System | Direct grant | 2015 | $27,253 |
Grants made · $1.2M in FY2024
24 grants totaling $1.2M in FY2024 — showing the 15 largest. All grants made by Valley Health System →
| Recipient | Purpose | Amount |
|---|---|---|
| Dr Terry Sinclair Health Clinic Inc | Charity care | $210,000 |
| Our Health Inc | Cover our health expenses | $185,000 |
| Northern Shenandoah Substance Abuse Coalition | Direct grant support | $155,000 |
| Winchester Union Rescue Mission Inc | Direct grant support | $125,000 |
| Valley Health System | Charity care | $100,000 |
| Hagerstown Goodwill Industries Inc | Direct grant support | $100,000 |
| Shenandoah Apple Blossom Festival Inc | Direct grant support | $38,500 |
| Chamber of Commerce of Front Royal and Warren County | Direct grant support | $27,195 |
| Mountaineer Community Health Center Inc | Direct grant support | $25,000 |
| Winchester Area Temporary Thermal Shelter | Direct grant support | $25,000 |
| Lord Fairfax Emergency Medical Services Council Inc | Direct grant support | $20,000 |
| St Luke Community Clinic Inc | Charity care | $20,000 |
| Shenandoah County Free Clinic Inc | Charity care | $20,000 |
| Top of Virginia Regional Chamber | Direct grant support | $12,500 |
| Virginia United Incorporated | Charity care | $10,000 |
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Compare Valley Health System
Frequently asked questions
- Is Valley Health System a legitimate nonprofit?
- Yes. Valley Health System is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 52-1357729, based in Winchester, Virginia. Donations are tax-deductible.
- What is Valley Health System's EIN?
- Valley Health System's Employer Identification Number (EIN) is 52-1357729.
- How much revenue does Valley Health System report?
- Valley Health System reported $204,470,710 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Valley Health System's spending goes to programs?
- Valley Health System spends about 84% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Valley Health System have?
- CharityIndex grades Valley Health System C, based on program efficiency and fundraising cost.
- How much does Valley Health System's highest-paid employee make?
- The highest reported compensation on Valley Health System's latest Form 990 is $2,084,107, paid to Mark Nantz (President & Ceo).
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Data for Valley Health System (EIN 52-1357729) 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.