River Valley Health Foundation

Nonprofit profile at a glance

EIN
550615693
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Wheeling, WV, USA
Phone
3042423144
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Health Support Services

Reported finances

Revenue
$172,756
Expenses
$153,875
Assets
$2,741,609
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

People named in this filing

  • SHELLY CARENBAUER (1ST VICE CHA)
  • TINA DEWITT (TREASURER)
  • JOYCE JEFFERSON (2ND VICE CHA)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of this corporation is to improve the health and well-being of the residents of the Ohio valley. The corporation provides funding in support of health education for members of the community and healthcare professionals in the communities of wheeling, West Virginia, martins ferry, Ohio, st. Clairsville, Ohio, and the following counties: brooke, Ohio, marshall and wetzel in West Virginia and belmont, jefferson, monroe, guernsey and harrison in Ohio.

What it reported doing in 2025

The foundation was created as a result of the june 1, 2017 sale of Ohio valley medical center ("ovmc") and east Ohio regional hospital ("eorh") to alecto, a for-profit health care system. Therefore, the foundation was created to carry out the charitable outreach activities of the former not- for-profit ovmc and eorh. On march 19, 2018, the foundation was designated by the internal revenue service as a tax-exempt non-profit 501(c) (3) public charity. Therefore, most of the 2017 and early 2018 calendar years involved working on making the appropriate steps to rename and reclassify the foundation. From 2019 - 2022, the foundation awarded annual grants in order to assure community needs for healthcare and healthcare education are met. In 2023, the organization established the river valley health foundation fund with the community foundation for the Ohio valley and continues to work towards its mission through both this organization and the fund at the community foundation. The mission of this foundation is to improve the health and well-being of the residents of the Ohio valley.

Operating model

Revenue model
Investment-supported. 65% of the money available for current operations came from recurring investment income.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 93
  • Accountability: 76
  • Sustainability: 72
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95.4%; rating input score 95
  • Program expense ratio: 97.5%; rating input score 97
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 81st percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 10.9%; rating input score 58; 58th percentile among comparable filings
  • Total-asset coverage ratio: 17.82; rating input score 94; 94th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings

Growth

  • Program expense growth: 19.2% per year; rating input score 100; 82nd percentile among comparable filings
  • Revenue growth: 2.4% per year; rating input score 100; 33rd percentile among comparable filings
  • Asset growth: 9.3% per year; rating input score 100; 61st percentile among comparable filings

Details

  • Where the money goes: 95.4% of revenue deployed · 97.5% of spending went to programs
  • Governance: 5 of 5 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $150K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 15 of 15 current checks pass
  • Schedules: 3 filed schedules · includes grants
  • Filing history: 13 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • Review — Sustainability: Operating margin scored 58/100.