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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Hospital Development Co

Hospital Development Co

Fiscal year ending 2020. Filed on August 16, 2021.

200 Hospital Drive
Spencer, West Virginia 25276

Hospital Development Co (EIN: 55-0484469), also known as Roane General Hospital, has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2020 IRS Form 990 filing, Hospital Development Co, a 501(c)(3) charitable organization, reported compensation for 9 out of 378 total employees. Among the employees shown here, the average compensation is $374,380. The highest compensated employee at Hospital Development Co is Richard Bowman, M.D. with fiscal year 2020 compensation of $535,783.

Revenue, expenses, and employee compensation

Revenue

$46,111,124

Expenses

$44,828,787

Employee compensation

$24,321,504
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Richard Bowman, M.D.
Physician
$535,783
$524,295 No related comp$11,488
Scott Duffy, M.D.
Chief of Med Staff
$510,595
$499,227 No related comp$11,368
Stephen Groves, M.D.
Physician
$462,518
$454,747 No related comp$7,771
Brent Watson, M.D.
Physician
$459,641
$448,153 No related comp$11,488
Doug Bentz
Chief Executive Officer and Board Member
$392,737
$380,844 No related comp$11,893
Brandon Cestaric, M.D.
Physician
$369,905
$364,325 No related comp$5,580
Christopher Lambert, M.D.
Physician
$353,127
$341,639 No related comp$11,488
Julie Carr Msn
Chief Clinical Officer
$175,267
$168,083 No related comp$7,184
Amy W Downey
Chief Financial Officer
$109,845
$109,677 No related comp$168

Benchmark Employee Compensation

Non-Employee Board Members

Christine M Hedges
Board Member
Emily Westfall
Board Member
G Jeanette Atkinson
Board Secretary
Gregory A Boggs
Board Vice President
Jack D Garrett II
Board President
Jenny A Lewis
Board Member
John A Varda
Board Treasurer
John H Taylor
Board Member
Kevin M Gaughan
Board Member
Martha Cooper
Board Member
Paul Hughes
Board Member
R Floyd Bowlby
Board Member

Contractors

Teg Architects LLC
Architectural Design Professional Servic
$506,757
Odyssey Rehabilitation
Inpatient Rehabilitation
$468,434
First Settlement Orthopaedics
Orthopaedic Physician Staffing
$315,023
Fusion Medical Staffing LLC
Travel Staffing Coverage
$308,674
US Mobile Imaging LLC
Mobile MRI Unit
$288,805

Mission Statement

To promote the general health and welfare of Roane County and surrounding areas and all of the citizens thereof by furthering all legitimate methods for the prevention and treatment of disease and the positive promotion of health, both personal and public, including but not limited to the operation of hospitals, nursing schools, nursing homes and medical research facilities; to foster and conduct education in medicine in all its branches and in those adjacent and kindred arts and sciences such as nursing and technical training which contribute to the diagnosis, treatment, care and prevention of disease.

Revisions to this organization profile

August 13, 2025:
2024 Hospital Development Co 990 filed
July 17, 2024:
2023 Hospital Development Co 990 filed
June 1, 2023:
2022 Hospital Development Co 990 filed

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