SHENANDOAH VALLEY MEDICAL SYSTEM I

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1976

Legal Domicile

Principal Officer

TODD LOCKCUFF

Phone

3042634999

Tax Period

2024-04-01 to 2025-03-31

SHENANDOAH VALLEY MEDICAL SYSTEM I, founded in 1976, is a mid-sized nonprofit in the Health Care sector that reported $31.1M in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year.

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.

Program Service Accomplishments

Program 1

Expenses: $22,488,607 Revenue: $19,406,807

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...

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.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $7,358,494

Program Service Revenue $19,406,807

Investment Income $123,026

Other Revenue $4,208,082

TOTAL REVENUE $31,096,409

Expense Breakdown

Grants Paid $0

Salaries & Benefits $21,351,419

Fundraising Expenses $44

Program Expenses $22,488,607

Other Expenses $10,704,113

TOTAL EXPENSES $32,055,532

Year-over-Year Comparison

	2024	2023	Change
Revenue	$31,096,409	$36,454,093	-0.1%
Expenses	$32,055,532	$31,206,493	+0.0%
Net Income	$-959,123	$5,247,600	-1.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

349

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$718,678

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL LI	CHIEF MEDICA	40.00	Officer	$294,348	$13,994	$308,342
KHALID K ALBEDRANI	INTERNIST -	40.00	Highest	$254,834	$13,940	$268,774
JEREMY RICHARDSON	DENTIST - DI	40.00	Highest	$236,098	$13,940	$250,038
CHERISH CRAWFORD	PEDIATRICIAN	40.00	Highest	$227,545	$4,880	$232,425
MICHAEL HASSING	CEO	40.00	Officer	$204,891	$13,940	$218,831
BIPIN SHRESTHA	FAMILY PHYSI	40.00	Highest	$196,281	$13,940	$210,221
CANDY LAMAS	FAMILY PHYSI	40.00	Highest	$182,109	$9,410	$191,519
TODD LOCKCUFF	CFO	40.00	Officer	$177,565	$13,940	$191,505
NIKKI BIGIARELLI	DIRECTOR	1.00	Director	$0	$0	$0
JOHN CHARLTON	SECRETARY	1.00	Officer Director	$0	$0	$0
REVEREND FRANK S COE	TREASURER	1.00	Officer Director	$0	$0	$0
MEGAN HOLBEN	DIRECTOR	1.00	Director	$0	$0	$0
ADAIRA JENKINS	DIRECTOR	1.00	Director	$0	$0	$0
ZACHARY LEACH	DIRECTOR	1.00	Director	$0	$0	$0
BEN MILES	DIRECTOR	1.00	Director	$0	$0	$0
PAMELA PARSONS	DIRECTOR	1.00	Director	$0	$0	$0
JOSPEH ROBINSON	DIRECTOR	1.00	Director	$0	$0	$0
REVEREND GEORGE SCHRAMM	DIRECTOR	1.00	Director	$0	$0	$0
HAROLD SHREWSBERRY	CHAIR	1.00	Officer Director	$0	$0	$0
SYBIL TERRY	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER TOLLEY	DIRECTOR	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$31,096,409	$32,055,532	$25,586,008	$-959,123
2024	$36,454,093	$31,206,493	$25,004,946	$5,247,600
2023	$34,487,092	$34,578,608	$20,703,553	$-91,516
2022	$29,441,472	$31,410,266	$20,160,961	$-1,968,794
2021	$29,602,382	$27,921,751	$21,888,058	$1,680,631
2020	$26,778,307	$28,482,936	$20,189,770	$-1,704,629
2019	$25,618,109	$26,635,875	$21,535,746	$-1,017,766
2018	$24,397,854	$25,816,029	$23,938,755	$-1,418,175