Overview

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Est.

1966

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Hospital Development Co is a hospital care nonprofit focused on promoting the general health and welfare of Roane County and surrounding areas through hospital operations, medical education, and prevention and treatment of disease. In filing year 2024, it reported $66.3M in operating budget and $66.9M in total revenue, with top funders including SISTERS OF ST JOSEPH CHARITABLE FUND INC, HEALTHCARE EDUCATION FOUNDATION OF WEST VIRGINIA, and CLAUDE WORTHINGTON BENEDUM FOUNDATION.

Mission Statement

To promote the general health and welfare of Roane County and surrounding areas and all of the citizens thereof by furthering all legitimate methods for the prevention and treatment of disease and the positive promotion of health, both personal and public, including but not limited to the operation of hospitals, nursing schools, nursing homes and medical research facilities; to foster and conduct education in medicine in all its branches and in those adjacent and kindred arts and sciences such as nursing and technical training which contribute to the diagnosis, treatment, care and prevention of disease.
Revenues
$66.9M
Expenses
$66.3M
Net Income:
+$520.7K
Assets
$51.9M
Liabilities
$33.9M
Net Assets:
+$18M
Operating Budget
$66.3M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$13K
Largest grant received
$13K
S
Scott Duffy MD
Board Member
D
Doug Bentz
Board Member
G
Grant Parkins DO
Board Member
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  • 6 funders
  • 56 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is Hospital Development Co’s budget?
In 2024, Hospital Development Co reported an annual operating budget of around $66.3 million. More detailed financial information is available to registered users.
What causes does Hospital Development Co support?
Hospital Development Co supports work in Hospital care.
Where does Hospital Development Co operate?
Hospital Development Co is headquartered in Spencer, WV.
Who funded Hospital Development Co recently?
In 2025, Hospital Development Co received grants from SISTERS OF ST JOSEPH CHARITABLE FUND INC, PARKERSBURG AREA COMMUNITY FOUNDATION INC (PREVIOUSLY PACF INC), and HIGHMARK FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant Hospital Development Co received in 2024?
The largest grant to Hospital Development Co in 2024 exceeds $13 thousand.
What is Hospital Development Co’s reliance on government grants?
Hospital Development Co relied on government grants for less than 5% of their total revenue in 2024.