Hospital Development Co
Fiscal year ending 2024. Filed on August 13, 2025.
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 2024 IRS Form 990 filing, Hospital Development Co, a 501(c)(3) charitable organization, reported compensation for 11 out of 446 total employees. Among the employees shown here, the average compensation is $468,580. The highest compensated employee at Hospital Development Co is Stephen Groves, M.D. with fiscal year 2024 compensation of $720,564.
Revenue, expenses, and employee compensation
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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.
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