Public Charity

NEW RIVER VALLEY HEALTH FOUNDATION

NEW RIVER VALLEY HEALTH FOUNDATION, of CHRISTIANSBURG, VA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $1.8M in revenue, $3.2M in expenses. 4 publicly reported grants to this organization, totaling roughly $582K, appear in IRS filings.

EIN: 521349560 CHRISTIANSBURG, VA Latest filing: 2024
Total Revenue$1.8M
Total Expenses$3.2M
Grant Records4
Funding Total$582K
Filing Years2019–2024

Mission

NEW RIVER VALLEY HEALTH FOUNDATION (THE FOUNDATION) IS A TAX-EXEMPT, NONSTOCK, NONPROFIT CORPORATION ORGANIZED TO PROMOTE AND FOSTER THE DEVELOPMENT OF COMMUNITY HEALTH ACTIVITIES FOR CHARITABLE AND EDUCATIONAL PURPOSES IN THE NEW RIVER VALLEY. THE FOUNDATION OFFERS FINANCIAL ASSISTANCE IN THE FORM OF CONTRIBUTIONS, LOANS, AND LEASING ARRANGEMENTS TO SELECTED ORGANIZATIONS WHO PRIMARILY ARE PROVIDERS OF HEALTH CARE SERVICES IN THE NEW RIVER VALLEY.

Where $100 goes at New River Valley Health Foundation

How New River Valley Health Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$97 Programs the work itself
$3 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $97 for programs

$97
The foundation's purpose is to promote and foster the development of community health activities for charitable and educational purposes in the new river valley
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Bruce Turner
DIRECTOR David Hagadorn
DIRECTOR Frederick Kellerman
CHAIRMAN Fred L Newhouse Jr
DIRECTOR Jeff L Irby
DIRECTOR Jerry Smith

Officer compensation and complete director data available with membership.

Top Grant Purposes

Health & Medicine
$148,400 1 grant
Unspecified
$433,248 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.8M $3.2M —
2023 $391K $2.2M $1.5M
2022 $242K $835K $3.2M
2020 $86K $160K $4.3M
2019 $131K $704K $4.1M

Between 2019 and 2024, reported annual revenue grew from $131K to $1.8M (+1303%).

Interactive year-over-year charts and full filing details available with membership.

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