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West Virginia · Nonprofit

SHENANDOAH VALLEY MEDICAL SYSTEM I

SHENANDOAH VALLEY MEDICAL SYSTEM I (West Virginia) receives grants from 11 organizations whose IRS filings report $896,914 to it, the largest being VIRGINIA PRIMARY CARE ASSOCIATION INC ($452,118). 7 of them have funded it in more than one year.

Revenue FY2025
$31M
Funders on record
11
Grants received
$897k
Net assets
$15M
7/11 repeat funderspeak grant-dependency 1%
01What it does

What Shenandoah Valley Medical System I does

Mission

To promote health and wellness within the community by providing a medical home to reduce barriers to care and ensure access to a full range of coordinated health care and wellness services.

As stated on its FY2025 Form 990.

Program

  1. Shenandoah valley medical system, inc (svms), dba shenandoah community health (sch), is a federally qualified health center providing outpatient and inpatient health care services with the goal of promoting health and wellness by providing a medical home to improve access and reduce barriers to care. Sixty-one clinicians represent disciplines of ob/gyn, nurse midwifery, family medicine, internal medicine, pediatrics, oral health, psychiatry, psychotherapy, and pharmacy. Svms provides health care services to more than 28,000 residents from wv counties of berkeley, jefferson, and morgan, and of frederick, clarke, warren, and shenandoah counties of virginia. Migrant/seasonal farmworkers from rockingham and shenandoah counties of virginia and washington county, md receive services in addition to m/sfw patients from the other counties listed above. In the current year, svms provided care for 30,158 patients, 8.4% of whom were uninsured, and 45.5% with medicaid coverage. Of those patients who reported their income, 54% fell at/below 100% of federal poverty level, and 74% were at/below 200% of federal poverty level.

    $22,488,607 spent$19,406,807 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $22,488,607.

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 ($29M) Expenses 100 ($26M) Net assets 100 ($15M)2018 Revenue 85 ($24M) Expenses 98 ($26M) Net assets 91 ($14M)2019 Revenue 90 ($26M) Expenses 101 ($27M) Net assets 84 ($13M)2020 Revenue 94 ($27M) Expenses 108 ($28M) Net assets 73 ($11M)2021 Revenue 104 ($30M) Expenses 106 ($28M) Net assets 84 ($13M)2022 Revenue 103 ($29M) Expenses 120 ($31M) Net assets 72 ($11M)2023 Revenue 121 ($34M) Expenses 132 ($35M) Net assets 71 ($11M)2024 Revenue 128 ($36M) Expenses 119 ($31M) Net assets 106 ($16M)2025 Revenue 109 ($31M) Expenses 122 ($32M) Net assets 99 ($15M)
'17'18'19'20'21'22'23'24'25
Revenue (109)Expenses (122)Net assets (99)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 2023 to 2024, from $21M to $25M (+21%).

$24M
$24M
$22M
$20M
$22M
$20M
$21M
$25M
$26M
'17'18'19'20'21'22'23'24'25
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
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 26% · 2018 26% · 2019 25% · 2020 25% · 2021 39% · 2022 29% · 2023 30% · 2024 30% · 2025 23%. Grants only. Government contracts and fees sit inside program revenue.

24% of SHENANDOAH VALLEY MEDICAL SYSTEM I’s revenue is contributions — more donation-reliant than the typical peer (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. 6 of the last 9 reported years ran a deficit.

$2.3M
’17
−$1.4M
’18
−$1.0M
’19
−$1.7M
’20
$1.7M
’21
−$2.0M
’22
−$92k
’23
$5.2M
’24
−$959k
’25
2.4
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.

Chief executive

Michael Hassing

CEO

Board chair

Harold Shrewsberry

Chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2017 and FY2018 filings.

'17'18'19'20'21'22'23'24'25
Listed232425221818171821
Joined·+5+5+5+4+2+3+7+10
No longer listed·44882467
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 3 funders to 5 funders, grant income fell $240k → $74k.

1 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 8% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of SHENANDOAH VALLEY MEDICAL SYSTEM I’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.

How concentrated its funding is

SHENANDOAH VALLEY MEDICAL SYSTEM I leans on a few funders — its largest provides 50% of grant income and the top three 79%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

91% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund SHENANDOAH VALLEY MEDICAL SYSTEM I.

50%
largest funder
79%
top three
~3
effective funders

Largest funder’s share by year: 2017 93% · 2018 49% · 2019 48% · 2020 41% · 2021 34% · 2022 34% · 2023 45% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. 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.

How long its funders stay

67% of SHENANDOAH VALLEY MEDICAL SYSTEM I's funders are still giving 3 years after their first grant; 64% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

SHENANDOAH VALLEY MEDICAL SYSTEM I draws 65% of its grant income from funders outside West Virginia, across 7 states in all.

CA
MO
WV
VA
MD
DC
FL

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

’17
’18
’19
’20
’21
’22
’23
West Virginia out of state home

Funder states come from each funder’s own filing. $73k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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

SHENANDOAH VALLEY MEDICAL SYSTEM I is better cushioned than half of the 2,843 health nonprofits its size.

Operating margin−3% · bottom quartile
Months of reserve2.4mo · above the median
Revenue growth (annualized)1% · bottom quartile

this organization peer median middle 50% of peers· 2,843 health nonprofits $10M–$100M, FY2025

Government funding SHENANDOAH VALLEY MEDICAL SYSTEM I receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $56.7M on record.

Federal$56.7M
grants $56.7Mcontracts $0
17
18
19
20
21
22
23
24
25
26
Top agencies
  • Department of Health and Human Services$56.7M

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 SHENANDOAH VALLEY MEDICAL SYSTEM I

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 West Virginia

Nationally

05Profile & governance

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

Where the money goes

70% of spending goes to programs.

Program 70%Management 30%Fundraising 0%

Governance

13
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

WV

Part of a family of 2 related entities

  • Shenandoah Pharmacy LLC · disregarded
  • Shenandoah Community Health Foundat · exempt

Screen this organization

A dated, signed PDF of the compliance screen for SHENANDOAH VALLEY MEDICAL SYSTEM I: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 SHENANDOAH VALLEY MEDICAL SYSTEM I?
SHENANDOAH VALLEY MEDICAL SYSTEM I (West Virginia) receives grants from 11 organizations whose IRS filings report $896,914 to it, the largest being VIRGINIA PRIMARY CARE ASSOCIATION INC ($452,118). 7 of them have funded it in more than one year.
How many funders does SHENANDOAH VALLEY MEDICAL SYSTEM I have?
IRS filings report 11 organizations giving $896,914 in grants to SHENANDOAH VALLEY MEDICAL SYSTEM I, 7 of which have funded it in more than one year.
Who is the largest funder of SHENANDOAH VALLEY MEDICAL SYSTEM I?
VIRGINIA PRIMARY CARE ASSOCIATION INC is the largest funder on record, with $452,118 in grants. The full list of funders is on this page.
How can an organization like SHENANDOAH VALLEY MEDICAL SYSTEM I find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in West Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Shenandoah Valley Medical System I →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 11 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