Civic Intelligence

Pleasant Valley Medical Group Inc

EIN 47-1358788 • 501(c)3 • Point Pleasant, WV

Profile

Pleasant valley medical group delivers healthcare to patients, including uncompensated care, treated at pleasant valley hospital facilities, clinics and other affiliated locations.

2520 Valley DrivePoint Pleasant, WV 25550

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

2nd percentile

-2824%

Higher net margin than 2% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

100th percentile

$889,491

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 1573.5% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

4th percentile

-99%

Faster revenue growth than 4% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$0

Down $3,063,868 (-100%) from 2022

Liabilities

Down

$0

Down $2,143,962 (-100%) from 2022

Net Assets

Down

$0

Down $919,906 (-100%) from 2022

Revenue

Down

$56,529

Down $8,656,604 (-99%) from 2022

Expenses

Down

$1,652,630

Down $7,060,503 (-81%) from 2022

Net Income

Down

-$1,596,101

Down $1,596,101 from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2015: $1,140,194Liabilities 2015: $640,184Net Assets 2015: $500,0102015Assets 2016: $1,067,445Liabilities 2016: $567,431Net Assets 2016: $500,0142016Assets 2017: $1,101,939Liabilities 2017: $601,925Net Assets 2017: $500,0142017Assets 2018: $1,274,072Liabilities 2018: $774,061Net Assets 2018: $500,0112018Assets 2019: $1,373,532Liabilities 2019: $693,572Net Assets 2019: $679,9602019Assets 2020: $1,007,459Liabilities 2020: $327,498Net Assets 2020: $679,9612020Assets 2021: $2,240,352Liabilities 2021: $1,301,400Net Assets 2021: $938,9522021Assets 2022: $3,063,868Liabilities 2022: $2,143,962Net Assets 2022: $919,9062022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2023

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2015: $5,456,983Expenses 2015: $5,456,983Net Income 2015: $02015Revenue 2016: $6,091,704Expenses 2016: $6,091,700Net Income 2016: $42016Revenue 2017: $6,443,164Expenses 2017: $6,443,164Net Income 2017: $02017Revenue 2018: $6,807,132Expenses 2018: $6,807,135Net Income 2018: -$32018Revenue 2019: $6,342,697Expenses 2019: $6,162,748Net Income 2019: $179,9492019Revenue 2020: $6,540,429Expenses 2020: $6,540,428Net Income 2020: $12020Revenue 2021: $7,743,582Expenses 2021: $7,743,582Net Income 2021: $02021Revenue 2022: $8,713,133Expenses 2022: $8,713,133Net Income 2022: $02022Revenue 2023: $56,529Expenses 2023: $1,652,630Net Income 2023: -$1,596,1012023

Highlighted filing

2023

Revenue$56,529
Expenses$1,652,630
Net Income-$1,596,101

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Aug 14, 2024
Return Version
2022v5.0
Gross Receipts
$56,529
Mission and Program Overview

Mission

Pleasant Valley Medical Group delivers healthcare to patients, including uncompensated care, treated at Pleasant Valley Hospital facilities, clinics and other affiliated locations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$919,906$0▼ $919,906
Cash and Non-Interest-Bearing Accounts$50,031$0▼ $50,031
Accounts Receivable$18,619$0▼ $18,619
Prepaid Expenses and Deferred Charges$1,427$0▼ $1,427
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$3,063,868$0▼ $3,063,868
Other Assets Total$2,993,791$0▼ $2,993,791
Liabilities
Other Liabilities$1,473,987--
Accounts Payable and Accrued Expenses$669,975--
Total Liabilities$2,143,962$0▼ $2,143,962
Net Assets / Fund Balance
Total Net Assets Fund Balance$919,906$0▼ $919,906
Total Liabilities and Net Assets / Fund Balance$3,063,868$0▼ $3,063,868
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mina N Shenouda MdPhysicianFT$511,608$80,856$592,464
Robert Tayengco MdTrustee/physician-$340,256$115,588$455,844
Randall Hawkins MdPhysicianFT$337,500$45,621$383,121
Ronn a Grandia MdPhysicianFT$337,158$37,668$374,826
Sam Badran MdPhysicianFT$296,936$50,396$347,332

Board Members and Trustees

NameTitle
Michael SellardsChairman
Kevin YinglingPresident & CEO Mhn
Rocky SturgeonVice Chairman
Angie ZimmermanTrustee
Claire CottrillTrustee
Leigh Ann ShepardTrustee
Maurice CooleyTrustee
Fred NoblinCEO Pleasant Valley Hospital
Paul E SmithChief Administrative Officer
Susan T RobinsonChief Human Resources Officer
Eduardo PinoChief Medical Information Officer
Regina M CampbellChief Nursing Officer
Aaron BlevinsChief Pharmacy Officer
Russell HencheyOfficer
Dallas KayserSecretary
Hoyt J BurdickSr. Chief Medical Officer
David M WardSr. VP, Chief Financial Officer
Eddie LanhamTreasurer
Dennis J LeeVP & Chief Information Officer
Lisa C StumpVP & Chief Strategy Officer
Bradley BurckVP CHH Foundation
Mark a MorganVP Physicians Services
Fareed AzizVP Revenue Cycle Management
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$56,529
Change in Net Assets
$-1,596,101
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,070,623
Other Expenses$582,007
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,043,392--$1,043,392
Fees for Services Other$410,180--$410,180
Fees for Services Legal$46,559--$46,559
Payroll Taxes$27,231--$27,231
Other Expenses$110,231$14,953-$14,953
All Other Expenses-$84-$84
Total Functional Expenses$1,637,593$15,037$0$1,652,630
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Family MemberReportable CompensationNo$119,537
-OfficerOfficer for Healthnet and Member Manager of Fms Cabell Huntington Dialysis Centers LLCNo$14,050

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Pleasant valley medical group has two members, pleasant valley hospital, inc. And cabell huntington hospital, inc.

Form 990, Part VI, Section A, Line 7A

Pleasant valley medical group has two members, pleasant valley hospital, inc. And cabell huntington hospital, inc. Each of these members have the power to appoint three directors separately. Additional directors shall be appointed jointly by pleasant valley hospital, inc. And cabell huntington hospital, inc.

Form 990, Part VI, Section A, Line 8B

The governing body does not have separate committees.

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed by the organization's management in consultation with an independent accounting firm. The financial review is based on the organization's audited financial statements for the relevant time period. The cfo will review the 990 with the finance/audit committee and the board of directors at the next scheduled board meeting.

Form 990, Part VI, Section B, Line 12C

At the beginning of each year, officers, directors, and key employees are sent an annual questionnaire addressing the conflict-of-interest policy. Each completed questionnaire is reviewed by the vice president over the respective individual's department and general counsel to determine if a conflict exists. If a conflict does exist, an in-depth analysis is performed to determine any impact to the organization.

Form 990, Part VI, Section B, Line 15

The board of directors of a related organization has adopted a written executive compensation policy setting forth the board philosophy with respect to the compensation of its officers. A compensation committee comprised of board members has been delegated the responsibility for establishing compensation of the chief executive officer, chief operating officer, chief financial officer, and chief medical officer of the organization in keeping with the philosophy established by the board. The compensation committee has engaged the outside consulting firm of yaffe and associates, a firm which specializes in analyzing non-profit executive compensation. The outside consulting firm periodically provides the committee with relevant data concerning the compensation levels of executives of hospitals similar in size to the organization and in comparable geographic areas. The compensation committee considers this data together with the extent to which pre-established goals have been accomplished and the financial performance of the hospital and establishes the compensation level for the chief executive officer. This information, as well as the recommendation of the chief executive officer is considered by the compensation committee in establishing the compensation of the chief operating officer, chief financial officer, and chief medical officer.

Form 990, Part VI, Section C, Line 19

These documents are available upon request for inspection at the medical group or by mailing a copy upon request.

Filing and Contact Details

Filer

Filer Name
Pleasant Valley Medical Group Inc
EIN
47-1358788
Phone
8778295500
Address
2520 VALLEY DRIVE, POINT PLEASANT, WV 25550

Signing Officer

Name
Keith Biddle
Title
COO
Phone
8778295500
Signed
2024-08-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Keith Biddle
Formed
2014
Legal Domicile
Wv
Voting Board Members
7
Independent Board Members
1
Employees
21
Volunteers
0

Preparer

Firm
Suttle & Stalnaker Pllc
Address
501 5TH AVENUE SUITE 1, HUNTINGTON, WV 25701
Preparer
Wade Newell CPA
Phone
3045250301
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Professional services: program service expenses 410,180. Management and general expenses 0. Fundraising expenses 0. Total expenses 410,180.

FORM 990, PART XI, LINE 9:

Transfers to affiliate 676,195.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE/PHYSICIAN
IRS990/Form990PartVIISectionAGrp/TitleTxt9PRESIDENT & CEO MHN
IRS990/Form990PartVIISectionAGrp/TitleTxt10SR. VP, CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt11CHIEF ADMINISTRATIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt12SR. CHIEF MEDICAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt13CEO PLEASANT VALLEY HOSPITAL
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP CHH FOUNDATION
IRS990/Form990PartVIISectionAGrp/TitleTxt15OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt16VP & CHIEF INFORMATION OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt17CHIEF HUMAN RESOURCES OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt18VP & CHIEF STRATEGY OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt19VP PHYSICIANS SERVICES
IRS990/Form990PartVIISectionAGrp/TitleTxt20CHIEF NURSING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt21VP REVENUE CYCLE MANAGEMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt22CHIEF PHARMACY OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt23CHIEF MEDICAL INFORMATION OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt24PHYSICIAN
IRS990/Form990PartVIISectionAGrp/TitleTxt25PHYSICIAN
IRS990/Form990PartVIISectionAGrp/TitleTxt26PHYSICIAN
IRS990/Form990PartVIISectionAGrp/TitleTxt27PHYSICIAN
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