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Nonprofit · EIN 80-0584319

VALLEY HEALTH SYSTEM

Also known as GROUP RETURN

Tax-exempt · WINCHESTER, VA 22601

Financials

$1.2B$1.2B2023$1.4B$1.3B2024
Revenue Expenses · by fiscal year end
Financials of VALLEY HEALTH SYSTEM by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,442,236,973$1,339,785,886$102,451,087$1,813,704,654$611,966,616$1,201,738,038
December 31, 2023990$1,222,911,046$1,200,499,902$22,411,144$1,649,360,010$559,004,403$1,090,355,607
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$9,933,716
of which government grants
$2,534,895
Program service revenue
$1,334,360,203
Investment income
$62,002,866
Net rental income
-$2,418,843
Net gain from sales of assets
$2,625,887
Net income from sales of inventory
$275
Other revenue
$35,940,188

Expenses

Grants and similar amounts paid
$8,044,377
Compensation of officers, directors and key employees
$10,029,929
Other salaries and wages
$380,370,946
Salaries, compensation and benefits (total)
$484,243,107
Professional fundraising fees
$0
Legal fees
$32,014
Accounting fees
$247,692
Occupancy
$12,360,683
Travel
$1,390,703
Depreciation
$75,472,390
Program services (functional)
$1,049,302,561
Management and general (functional)
$290,483,325

Balance sheet and other

Total assets, start of year
$1,649,360,010
Total assets, end of year
$1,813,704,654
Total liabilities, end of year
$611,966,616
Net assets, end of year
$1,201,738,038
Land, buildings and equipment
$749,312,358
Publicly traded securities
$472,653,704
Net assets without donor restrictions
$1,158,518,105
Net assets with donor restrictions
$43,219,933
Gross unrelated business income
$44,975
Gross receipts
$1,472,287,538
Employees
0
Volunteers
294

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
MARK NANTZPresident & CEO
Trustee or director, Officer
34$0$2,084,107$82,037
Charbel FawazEMP PHYSICIAN50$1,424,070$0$29,657
David SalvettiEmp Physician50$1,245,506$0$58,352
ERNESTO JIMENEZEmp Physician50$1,072,828$0$57,226
TONYA SMITHSVP WMC
Officer
39$1,037,346$0$64,150
Mark KumarEmp Physician50$1,042,483$0$56,304
MESFIN SHIBESHIEMPLOYED PHYS50$989,765$0$52,329
IYAD SABBAGHCMO
Officer
1$0$895,066$51,744
ROBERT AMOSCFO
Officer
39$0$805,715$58,725
CHRIS RUCKERVP AMBULATORY
Officer
39$686,083$0$88,464
NICHOLAS RESTREPOVP MED AFFAIRS
Officer
39$688,588$0$79,668
KENNETH JANOWSKI MDVP MED AFFAIRS
Officer
39$652,915$0$46,492
JEFFREY FEIT MDCOO VPE
Officer
39$633,875$0$55,376
TERRAL GOODE MDTrustee
Trustee or director
50$633,478$0$47,499
ELIZABETH SAVAGEVP OF HR
Officer
34$0$622,181$32,099
70 more people on this return
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Barbara BallardCIO
Officer
10$0$567,530$64,037
JEFFREY LESSARFormer Trustee/Emp Physician50$612,520$0$14,199
EDWARD KOFSKYTrustee
Trustee or director
50$581,833$0$30,755
BRADFORD ROGERSVice President
Officer
38$554,518$0$51,489
THERESA TRIVETTEVice President
Officer
38$0$552,852$30,151
KEVIN SHEPPARDVP OPS &CLINIC
Officer
38$466,039$0$47,250
Glen BouderTrustee
Trustee or director
2$459,655$0$42,974
MARK BAKERVP FACILITIES
Officer
1$0$429,151$45,080
JULIE MIKSITVP OPERATIONS
Officer
38$445,782$0$25,191
WALTER SOWERSVice President
Officer
10$0$446,117$16,378
GREGORY BYRD MDTrustee
Trustee or director
50$396,653$0$43,638
JOSEPH HASHEMFormer Trustee/Emp Physician50$391,206$0$39,808
JAKE MEZAVP AMBULATORY
Officer
39$383,196$0$46,830
Kris MaddalenaVice President
Officer
38$398,465$0$28,179
PATRICIA DALYFormer Trustee/Emp Physician50$373,291$0$36,255
NELSON T CLARKVP PRES PMH/SMH
Officer
39$358,771$0$43,829
CARLA DALLMANVP RISK MGMT
Officer
10$0$348,093$53,822
CHRISTINE LOWMANVice President
Officer
10$0$377,994$13,930
JENNIFER COELLOVP WMH
Officer
39$353,442$0$22,111
MATTHEW POLKFormer Trustee/Emp Physician50$308,146$0$38,511
Julian MartinezFormer Trustee/Emp Physician50$313,387$0$30,842
ARTHUR TICKNORFormer Trustee/Emp Physician50$259,699$0$37,217
Susan LessarVice President
Officer
38$250,886$0$38,908
KEVIN BARKOTrustee
Trustee or director
50$210,986$0$34,616
PATRICK TURNESFormer Trustee/Emp Physician50$164,427$0$22,237
ANTHONY HAYWOODFormer Trustee/Emp Physician50$157,745$0$19,643
Chris TurnbullFormer Trustee/Emp Physician30$105,244$0$0
DAN ALEXANDERTrustee
Trustee or director
2$0$45,000$0
Harry SmithChairman
Trustee or director
2$0$21,361$0
CHAD DANSIETrustee
Trustee or director
2$0$17,100$0
THOMAS WISETrustee
Trustee or director
2$0$14,183$0
JULIA CONNELLTrustee
Trustee or director
2$0$12,000$0
JEFF BOEHMTrustee
Trustee or director
2$0$9,000$0
CLIFTON RUTHERFORDTrustee
Trustee or director
2$0$9,000$0
STEVEN CLUSSTrustee
Trustee or director
2$0$8,000$0
MARY BETH PRICESecretary
Trustee or director, Officer
2$0$8,000$0
MELODY EATONTrustee
Trustee or director
2$0$6,000$0
THOMAS GILPINVice Chairman
Trustee or director, Officer
2$0$6,000$0
KATHERINE JOHNSONTrustee
Trustee or director
2$0$6,000$0
Gerald SmithTrustee
Trustee or director
2$0$5,000$0
MICHELLE BIXLERTrustee
Trustee or director
2$0$0$0
JENNA FRENCHChairman
Trustee or director, Officer
2$0$0$0
GREG MERCERTrustee
Trustee or director
2$0$0$0
ETHEL SHOWMANVice Chair
Trustee or director, Officer
2$0$0$0
KAREN WHETZELTrustee
Trustee or director
2$0$0$0
Bret HrbeckTrustee
Trustee or director
2$0$0$0
BLAKELY CURTISTrustee
Trustee or director
2$0$0$0
George HummerTrustee
Trustee or director
2$0$0$0
TRACY VOSKIKATrustee
Trustee or director
2$0$0$0
Samantha BarberTrustee
Trustee or director
2$0$0$0
Lisa LimogesTrustee
Trustee or director
2$0$0$0
Kristen PenceTrustee
Trustee or director
2$0$0$0
CASEY DOWLINGChairman
Trustee or director, Officer
2$0$0$0
DAVID GUMTrustee
Trustee or director
2$0$0$0
Darlene KentSecretary
Trustee or director, Officer
2$0$0$0
KIM BLOSSERTrustee
Trustee or director
2$0$0$0
JENNIFER MCDONALDVice Chair
Trustee or director, Officer
2$0$0$0
Gilleland Megan TurnerTrustee
Trustee or director
2$0$0$0
DENNIS MCGLOUGHLINTrustee
Trustee or director
2$0$0$0
CHARLES MCWILLIAMSTrustee
Trustee or director
2$0$0$0
JOHN POTTER MDTrustee
Trustee or director
2$0$0$0
JOHN SCHROTHTrustee
Trustee or director
2$0$0$0
PATRICIA STROTHERTrustee
Trustee or director
2$0$0$0
THOMAS BALLTrustee
Trustee or director
2$0$0$0
PEG GOODYEARTrustee
Trustee or director
2$0$0$0
BONNIE LANDISTrustee
Trustee or director
2$0$0$0
JOHN LESINSKITrustee
Trustee or director
2$0$0$0
LEE MEYERTrustee
Trustee or director
2$0$0$0
REBECCA VAUGHNTrustee
Trustee or director
2$0$0$0
JIM WELLSChairman
Trustee or director, Officer
2$0$0$0
990 for the year ended December 31, 2023: 101 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MARK NANTZPresident & CEO
Trustee or director, Officer
34$0$1,911,133$78,248
ERNESTO JIMENEZEmp Physician50$1,019,008$0$55,039
TONYA SMITHSVP WMC
Officer
39$967,170$0$58,455
EDWARD KOFSKYTrustee
Trustee or director
50$946,065$0$58,001
VIVEK K GUPTA MDEmp Physician50$937,376$0$47,310
JOSHUA T PRICKETTEmp Physician50$891,193$0$60,416
IYAD SABBAGHCMO
Officer
1$0$887,687$52,837
MESFIN SHIBESHIEMPLOYED PHYS50$863,933$0$53,487
ANDREW BROWNEMP PHYSICIAN50$812,601$0$20,112
NICHOLAS RESTREPOVP MED AFFAIRS
Officer
39$738,699$0$71,681
CHRIS RUCKERVP AMBULATORY
Officer
39$669,740$0$79,960
JEFFREY FEIT MDCOO VPE
Officer
39$661,891$0$61,607
ROBERT AMOSVice President
Officer
39$0$661,811$53,455
KENNETH JANOWSKI MDVP MED AFFAIRS
Officer
39$646,357$0$46,879
PETER GALLAGHERFORMER CFO0$0$651,215$38,383
TERRAL GOODE MDTrustee
Trustee or director
50$633,562$0$47,630
ELIZABETH SAVAGEVP OF HR
Officer
34$0$630,687$28,542
JEFFREY LESSARFORMER TRUSTEE/PHYSICIAN50$572,336$0$14,383
THERESA TRIVETTEVice President
Officer
38$0$531,532$48,509
TROY GLEMBOT MDTrustee
Trustee or director
50$529,909$0$44,696
BRADFORD ROGERSVice President
Officer
38$511,548$0$43,659
KEVIN SHEPPARDVP OPS &CLINIC
Officer
38$473,593$0$44,806
THOMAS KLUGEFORMER OFFICER50$487,725$0$10,683
JOSEPH HASHEMFORMER TRUSTEE50$420,355$0$42,985
WALTER SOWERSVice President
Officer
10$0$447,130$15,220
MARK BAKERVP FACILITIES
Officer
1$0$415,771$43,706
William James ZehnerVice President
Officer
38$393,082$0$59,917
Mary BarrickVice President
Officer
10$0$412,749$25,537
JAKE MEZAVP AMBULATORY
Officer
39$379,298$0$44,252
GREGORY BYRD MDTrustee
Trustee or director
50$377,484$0$42,133
NELSON T CLARKVP PRES PMH/SMH
Officer
39$374,434$0$44,306
JULIE MIKSITVP OPERATIONS
Officer
38$388,507$0$24,579
CARLA DALLMANVP RISK MGMT
Officer
10$0$367,735$42,183
CHRISTINE LOWMANVice President
Officer
10$0$382,321$13,730
Sharon RigneyVice President
Officer
10$0$344,581$43,384
PATRICIA DALYFORMER TRUSTEE50$352,721$0$33,899
James FreilichVice President
Officer
39$334,275$0$37,848
JENNIFER COELLOVP WMH
Officer
39$348,242$0$22,561
Mary RoxerVice President
Officer
10$0$317,244$10,581
ANTHONY HAYWOODFORMER TRUSTEE50$289,642$0$36,814
PATRICK IRELANDFORMER TRUSTEE/PHYSICIAN0$0$302,662$20,901
MATTHEW POLKFORMER TRUSTEE50$279,886$0$40,275
ARTHUR TICKNORFORMER TRUSTEE50$251,879$0$39,445
Sherif KaiserVice President
Officer
38$238,139$0$29,503
Heather SigelVice President
Officer
38$244,896$0$10,008
FLOYD HEATERFORMER OFFICER50$254,227$0$0
PHILLIP GRAYBEALFORMER OFFICER50$234,348$0$8,700
Mary SasVice President
Officer
38$218,693$0$22,486
MATT TOOMEYFORMER VICE PRESIDENT0$0$233,611$6,240
Susan LessarVice President
Officer
38$191,006$0$36,553
KEVIN BARKOTrustee
Trustee or director
50$178,095$0$34,652
PATRICK TURNESFORMER TRUSTEE50$168,218$0$19,521
CHRIS TURNBULLMD STAFF PRES
Trustee or director
30$142,950$0$0
TAMMY LANDISFORMER SUPERVISOR50$127,839$0$13,551
Kris MaddalenaVice President
Officer
39$121,686$0$3,688
David SharbaughVice President
Officer
39$106,381$0$11,150
HARRY SMITHChairman
Trustee or director, Officer
2$0$24,000$0
CHAD DANSIETrustee
Trustee or director
2$0$17,500$0
KATHERINE JOHNSONTrustee
Trustee or director
2$0$12,000$0
JULIA CONNELLTrustee
Trustee or director
2$0$12,000$0
THOMAS WISETrustee
Trustee or director
2$0$10,144$0
THOMAS GILPINVice Chairman
Trustee or director, Officer
2$0$10,000$0
MARY BETH PRICESecretary
Trustee or director
2$0$9,000$0
CLIFTON RUTHERFORDTrustee
Trustee or director
2$0$9,000$0
STEVEN CLUSSTrustee
Trustee or director
2$0$8,000$0
MELODY EATONTrustee
Trustee or director
2$0$8,000$0
MARIE IMOHTrustee
Trustee or director
2$0$8,000$0
JEFF BOEHMTrustee
Trustee or director
2$0$8,000$0
THOMAS LESLIETrustee
Trustee or director
2$0$6,000$0
Gerald SmithTrustee
Trustee or director
2$0$4,000$0
MICHELLE BIXLERTrustee
Trustee or director
2$0$0$0
DAN ALEXANDERTrustee
Trustee or director
2$0$0$0
JENNA FRENCHChairman
Trustee or director
2$0$0$0
Glen BouderTrustee
Trustee or director
2$0$0$0
GREG MERCERTrustee
Trustee or director
2$0$0$0
ETHEL SHOWMANVice President
Trustee or director, Officer
2$0$0$0
KAREN WHETZELTrustee
Trustee or director
2$0$0$0
JASON AIKENSSecretary
Trustee or director, Officer
2$0$0$0
Lisa LimogesTrustee
Trustee or director
2$0$0$0
BLAKE CURTISChairman
Trustee or director, Officer
2$0$0$0
Kristen PenceTrustee
Trustee or director
2$0$0$0
CATHERINE DOWLINGTrustee
Trustee or director
2$0$0$0
SHANNON GEMMATrustee
Trustee or director
2$0$0$0
DAVID GUMTrustee
Trustee or director
2$0$0$0
DARLENE KENTTrustee
Trustee or director
2$0$0$0
KIM BLOSSERTrustee
Trustee or director
2$0$0$0
JENNIFER MCDONALDTrustee
Trustee or director
2$0$0$0
Gilleland Megan TurnerTrustee
Trustee or director
2$0$0$0
DENNIS MCGLOUGHLINTrustee
Trustee or director
2$0$0$0
CHARLES MCWILLIAMSTrustee
Trustee or director
2$0$0$0
JOHN POTTER MDTrustee
Trustee or director
2$0$0$0
JOHN SCHROTHTrustee
Trustee or director
2$0$0$0
PATRICIA STROTHERTrustee
Trustee or director
2$0$0$0
TRACY VOSKIKAVICE CHAIR
Trustee or director, Officer
2$0$0$0
THOMAS BALLTrustee
Trustee or director
2$0$0$0
PEG GOODYEARTrustee
Trustee or director
2$0$0$0
BONNIE LANDISTrustee
Trustee or director
2$0$0$0
JOHN LESINSKITrustee
Trustee or director
2$0$0$0
LEE MYERSTrustee
Trustee or director
2$0$0$0
REBECCA VAUGHNTrustee
Trustee or director
2$0$0$0
JIM WELLSChairman
Trustee or director, Officer
2$0$0$0

Address and contacts

Address (IRS master file)
220 CAMPUS BLVD STE 310, WINCHESTER, VA 22601-2889
Principal officer (990 for 2024)
MARK NANTZ, 220 CAMPUS BLVD STE 310, WINCHESTER, VA 22601
Signed the 990
ROBERT AMOS, CFO
Phone
(540) 536-6287
Return prepared by
VALLEY HEALTH SYSTEM

Mission

Serving our community by improving health. Provision of healthcare and medical services.

990 for the year ended December 31, 2024

Program accomplishments

  • VALLEY 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 CARE DAYS, 8,391 TRANSITIONAL CARE DAYS, 20 SKILLED NURSING DAYS, 15,939 LONG TERM CARE DAYS. EXPERIENCED 704,486 OUTPATIENT REGISTRATIONS AT PHYSICIAN PRACTICES AND PERFORMED 22,529 SURGICAL PROCEDURES.
    Expenses $1,049,302,561 · grants $8,044,377 · revenue $1,372,275,493

What it must file and when

IRS records say it files Group return. Included in a group return filed by its parent. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
80-0584319
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Exempt since
2009
Accounting year ends
December
Files
Group return
Assets (IRS master file)
$1,813,704,654
Income (IRS master file)
$1,472,287,538

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,442,236,973$1,339,785,886$1,813,704,654XML
990December 2023$1,222,911,046$1,200,499,902$1,649,360,010XML
990December 2022$1,171,611,070$1,144,882,002$1,635,529,342IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 80-0584319).

Questions about VALLEY HEALTH SYSTEM

What is the EIN of VALLEY HEALTH SYSTEM?
The employer identification number (EIN) of VALLEY HEALTH SYSTEM is 80-0584319.
Is VALLEY HEALTH SYSTEM tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Which annual return does VALLEY HEALTH SYSTEM file?
Form Group return. Included in a group return filed by its parent.
When is the next return of VALLEY HEALTH SYSTEM due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did VALLEY HEALTH SYSTEM last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of VALLEY HEALTH SYSTEM?
The 990 for the year ended December 31, 2024 names MARK NANTZ.
Who are the officers and directors of VALLEY HEALTH SYSTEM?
The 990 for the year ended December 31, 2024 lists 85 people; 32 received compensation from the organization.
How much revenue does VALLEY HEALTH SYSTEM have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,442,236,973, expenses of $1,339,785,886 and total assets of $1,813,704,654 at year end.

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