Public Charity

Hospital Development Co

Hospital Development Co is a Public Charity headquartered in Spencer, WV. Financial data from the 2025 filing: $79.7M revenue, $70.5M expenses, $64.3M total assets. 3 publicly reported grants to this organization, totaling roughly $99K, appear in IRS filings.

EIN: 550484469 Spencer, WV Latest filing: 2025
Total Revenue$79.7M
Total Expenses$70.5M
Total Assets$64.3M
Grant Records3
Funding Total$99K
Filing Years2021–2025

Mission

Roane General Hospital is dedicated to the delivery of high-quality, cost effective health care to all members of our community. The work we do makes a difference in people's lives.

Where $100 goes at Hospital Development Co

How Hospital Development Co divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$77 Programs the work itself
$23 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 $77 for programs

$76
Roane General Hospital generated gross revenue of $147,936,974 of which $83,491,512 was uncollectible due to contractual agreements with Medicare, Medicaid and other third-party payors
99% of program spending
$1
As a Critical Access Hospital, we provided health care services to our community which included the following days of care: Skilled/Intermediate Care Facility 12,193; Swing 1,120; Respite 6…
About 1% (cost not reported) · Reported in the filing: 49,073 visits; 7,121 visits
<$1
The Hospital provided community health education and health screening services at reduced fees during the year including health fairs; diabetes education seminars and screenings; nutrition education classes and…
0% of program spending · Reported in the filing: 27,401 participants

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Chief Financial Officer Amy W Downey Cpa Mpa
Medical Director Brent Watson Md
CEO Doug Bentz
Board Member (Until 9/2025) Emily Westfall
Physician Ethan Westbrook Do
Board Secretary G Jeanette Atkinson

Officer compensation and complete director data available with membership.

Top Grant Purposes

Health & Medicine
$86,000 2 grants
Unspecified
$13,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $79.7M $70.5M $64.3M
2024 $66.9M $66.3M $51.9M
2023 $62.5M $62.5M $50.0M
2022 $56.6M $58.2M $49.1M
2021 $52.0M $49.3M $52.9M

Between 2021 and 2025, reported annual revenue grew from $52.0M to $79.7M (+53%), with total assets most recently reported at $64.3M.

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

See the full picture for Hospital Development Co

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