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Virginia · Nonprofit

BEDFORD MEMORIAL HOSPITAL

BEDFORD MEMORIAL HOSPITAL (Virginia) receives grants from 1 organization whose IRS filings report $13,392 to it, the largest being BEDFORD COMMUNITY HEALTH FOUNDATION ($13,392). 1 of them have funded it in more than one year.

Revenue FY2024
$55M
Funders on record
1
Grants received
$13k
Net assets
$36M
1/1 repeat funderspeak grant-dependency 0%
01What it does

What Bedford Memorial Hospital does

Mission

The mission of Bedford Memorial Hospital, a 501 (c)(3) hospital, is to improve the health of the community it serves. The hospital is committed to a common purpose of better patient care, better community health and lower costs. The 50-bed hospital provides inpatient and outpatient surgery, emergency, geriatric and rehabilitative services, and is dedicated to improving the quality of life in the community it serves by providing high quality healthcare.

As stated on its FY2024 Form 990.

Program

  1. Bedford Memorial Hospital is committed to providing access to quality health care to the residents of Bedford and the surrounding areas. During 2024 Hospital's employees, medical staff and volunteers provided the region with over 1,300 inpatient admissions, over 4,600 days of care and more than 1,500 surgeries and had over 20,600 emergency room visits. Bedford Memorial Hospital is actively engaged in the community through business, civic and service organizations, and through its financial support of other not-for-profit organizations. Please see schedule H and visit our website for additional information about our services, recognitions and awards: WWW.Centrahealth.com/locations/centra-bedford-memorial-hospital

    $34,923,699 spentof which $414 as grants$54,818,362 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $34,923,699.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($37M) Expenses 100 ($41M) Net assets 100 ($14M)2018 Revenue 109 ($41M) Expenses 109 ($44M) Net assets 75 ($11M)2019 Revenue 122 ($45M) Expenses 107 ($43M) Net assets 88 ($13M)2020 Revenue 120 ($45M) Expenses 103 ($42M) Net assets 108 ($15M)2021 Revenue 159 ($59M) Expenses 107 ($43M) Net assets 218 ($31M)2022 Revenue 134 ($50M) Expenses 111 ($45M) Net assets 263 ($37M)2023 Revenue 143 ($53M) Expenses 111 ($45M) Net assets 237 ($34M)2024 Revenue 148 ($55M) Expenses 119 ($48M) Net assets 253 ($36M)
'17'18'19'20'21'22'23'24
Revenue (148)Expenses (119)Net assets (253)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $50M to $39M (−21%).

$40M
$45M
$46M
$50M
$39M
$42M
$36M
$40M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 13% · 2021 5% · 2022 1% · 2023 0%. Grants only. Government contracts and fees sit inside program revenue.

0% of BEDFORD MEMORIAL HOSPITAL’s revenue is contributions — more earned-revenue than three-quarters of its peers (7% for the typical peer).

This organization
Typical peer · 4,743 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

−$3.4M
’17
−$3.5M
’18
$1.8M
’19
$2.8M
’20
$16M
’21
$5.1M
’22
$8.4M
’23
$6.8M
’24
1.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Cynthia Gunnoe

Board chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed2221232021231923
Joined·+6+8+5+8+9+5+9
No longer listed·7687795
03Who funds it

Who funds it, year by year

2018 → 2020: the base held at 1 funder, grant income fell $7k → $6k.

Funder
'18
'20
total
funders
1
1

Left out of every figure on this page: $424k from 2 payers (the payer shares this organization's board, largest Centra Health Foundation). These are real filings, and they are not money BEDFORD MEMORIAL HOSPITAL raised.

From the IRS filings of BEDFORD MEMORIAL HOSPITAL’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of BEDFORD MEMORIAL HOSPITAL's grant income comes from Virginia funders.

VA

In-state vs out-of-state, by year

’18
’20
Virginia out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

BEDFORD MEMORIAL HOSPITAL runs a healthier operating margin than three-quarters of the 4,580 health nonprofits its size.

Operating margin12% · top quartile
Months of reserve1.0mo · below the median
Revenue growth (annualized)6% · below the median

this organization peer median middle 50% of peers· 4,580 health nonprofits $10M–$100M, FY2024

Government funding BEDFORD MEMORIAL HOSPITAL receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $167k on record.

Federal$167k
grants $0contracts $167k
17
18
19
Top agencies
  • Department of Veterans Affairs$167k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like BEDFORD MEMORIAL HOSPITAL

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Virginia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

73% of spending goes to programs.

Program 73%Management 27%Fundraising 0%

Governance

14
board members
71%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

VA

Part of a family of 5 related entities

  • Centra Health Inc · exempt
  • Centra Health Foundation Inc · exempt
  • SOUTHSIDE COMMUNITY HOSPITAL Inc · exempt
  • General Business Concerns Inc · corp_trust
  • Piedmont Community Health Plan Inc · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for BEDFORD MEMORIAL HOSPITAL: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds BEDFORD MEMORIAL HOSPITAL?
BEDFORD MEMORIAL HOSPITAL (Virginia) receives grants from 1 organization whose IRS filings report $13,392 to it, the largest being BEDFORD COMMUNITY HEALTH FOUNDATION ($13,392). 1 of them have funded it in more than one year.
How many funders does BEDFORD MEMORIAL HOSPITAL have?
IRS filings report 1 organization giving $13,392 in grants to BEDFORD MEMORIAL HOSPITAL, 1 of which have funded it in more than one year.
Who is the largest funder of BEDFORD MEMORIAL HOSPITAL?
BEDFORD COMMUNITY HEALTH FOUNDATION is the largest funder on record, with $13,392 in grants. The full list of funders is on this page.
How can an organization like BEDFORD MEMORIAL HOSPITAL find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing