Ohio Valley Health Corporation

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2023

Legal Domicile

Principal Officer

Kyle Pierson

Phone

3044855137

Tax Period

2023-01-01 to 2023-12-31

Ohio Valley Health Corporation, founded in 2023, is a community nonprofit in the Health Care sector that reported $3.6M in total revenue in fiscal year 2023. Expenses of $3.4M left a modest 6% surplus.

Mission

To operate skilled nursing and rehabilitation facilities and to provide services related thereto, and to engage in such business without regard to race, creed, color, sex, national origin, or financial status, and to do all other things that are typically done by a skilled nursing and rehabilitation facility.

Program Service Accomplishments

Program 1

Expenses: $391,230 Revenue: $3,608,697

Ohio Valley Health Care OVHC in Parkersburg, WV is an award-winning skilled nursing facility. Serving the entire Ohio Valley community and surrounding areas, we provide a truly satisfying senior...

Ohio Valley Health Care OVHC in Parkersburg, WV is an award-winning skilled nursing facility. Serving the entire Ohio Valley community and surrounding areas, we provide a truly satisfying senior community environment. OVHC offers Physical, Occupational and/or Speech Therapy, along with skilled caring in-house therapists on staff.

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Trantor Score

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

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,599,509

Investment Income $2,860

Other Revenue $24,011

TOTAL REVENUE $3,626,380

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,117,419

Fundraising Expenses $0

Program Expenses $391,230

Other Expenses $1,280,667

TOTAL EXPENSES $3,398,086

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,626,380	N/A	N/A
Expenses	$3,398,086	N/A	N/A
Net Income	$228,294	N/A	N/A

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

N/A

Employees

122

Volunteers

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

Total Directors

$1,626,150

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Steve Altmiller	Director	001.00	Director	$0	$36,902	$849,847
Kyle Pierson	Director	001.00	Director	$0	$73,424	$422,270
Carlie Lacy	Director	001.00	Director	$0	$78,796	$354,033

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
2024	No data	No data	No data	No data
2023	$3,626,380	$3,398,086	$15,082,031	$228,294