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Nonprofiteer
← WEST VIRGINIA UNIVERSITY MEDICAL CORPORATION

Form 990 for tax year 2022

Filed by WEST VIRGINIA UNIVERSITY MEDICAL CORPORATION.

Totals

Total revenue
$691,155,457
Total expenses
$683,095,738
Contributions and grants received
$0
Grants paid
$24,389,501
Program service revenue
$688,625,737
Investment income
$2,513,286
Other revenue
$16,434
Total assets, end of year
$248,561,218
Total liabilities, end of year
$146,026,877
Net assets or fund balances, end of year
$102,534,341
Program services expenses (Part IX)
$636,487,247
Management and general expenses
$46,608,491
Fundraising expenses
$0
Program service expenses (Part III)
$636,487,247

Program services were 93.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: Direct Patient Care

    total $412,365,695 · related or exempt $412,365,695

  • 2b · Program service revenue: Other Health Care

    total $267,887,945 · related or exempt $267,887,946

  • 2c · Program service revenue: CARES Act Funding

    total $6,961,349 · related or exempt $6,961,349

  • 2d · Program service revenue: Rent - Physicians Office

    total $1,410,748 · related or exempt $1,410,748

  • 3 · Investment income

    total $2,567,443 · unrelated business $56,686 · excluded $2,510,757

  • 7a · Gross sales of assets other than inventory

    other assets -$54,157

  • 7c · Gain or loss

    other assets -$54,157

  • 7d · Net gain or loss

    total -$54,157 · excluded -$54,157

  • 11a · Other revenue: Cash Discounts

    total $15,834 · related or exempt $15,834

  • 11b · Other revenue: Rental Income - ATMs

    total $600 · excluded $600

  • 11e · Other revenue, total

    $16,434

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $24,389,501 · program services $24,389,501

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $9,098,980 · program services $6,481,649 · management and general $2,617,331

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $461,834,380 · program services $451,186,744 · management and general $10,647,636

  • 8 · Pension plan contributions

    total $19,406,887 · program services $18,986,353 · management and general $420,534

  • 9 · Other employee benefits

    total $35,129,227 · program services $34,165,027 · management and general $964,200

  • 10 · Payroll taxes

    total $16,931,457 · program services $16,454,542 · management and general $476,915

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $87,383 · program services $23,622 · management and general $63,761

  • 11c · Fees: accounting

    total $70,255 · program services $18,693 · management and general $51,562

  • 11d · Fees: lobbying

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $13,163,669 · program services $10,971,182 · management and general $2,192,487

  • 12 · Advertising and promotion

    total $283,289 · program services $239,581 · management and general $43,708

  • 13 · Office expenses

    total $4,493,326 · program services $4,037,892 · management and general $455,434

  • 14 · Information technology

    total $277,738 · program services $273,677 · management and general $4,061

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $6,660,196 · program services $6,174,903 · management and general $485,293

  • 17 · Travel

    total $1,458,637 · program services $1,356,747 · management and general $101,890

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $1,233,828 · program services $1,233,828

  • 20 · Interest

    total $572,718 · program services $572,718

  • 21 · Payments to affiliates

    total $24,259,235 · program services $99,041 · management and general $24,160,194

  • 22 · Depreciation, depletion and amortization

    total $7,324,780 · program services $6,081,039 · management and general $1,243,741

  • 23 · Insurance

    total $9,870,771 · program services $8,914,418 · management and general $956,353

  • 24a · Other expenses: Provision for Doubtful Accounts

    total $26,136,522 · program services $26,136,522

  • 24b · Other expenses: Medical Supplies Pharmaceuticals

    total $11,970,905 · program services $11,970,905

  • 24c · Other expenses: Taxes, Licenses Fees

    total $1,683,752 · program services $812,854 · management and general $870,898

  • 24d · Other expenses: Educational Training

    total $2,707,113 · program services $2,625,918 · management and general $81,195

  • 24e · All other expenses

    total $4,051,189 · program services $3,279,891 · management and general $771,298

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $14,329 · end of year $14,479

  • 2 · Savings and temporary cash investments

    beginning of year $20,579,165 · end of year $21,606,495

  • 4 · Accounts receivable

    beginning of year $62,770,235 · end of year $60,834,346

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,150,353 · end of year $3,247,070

  • 10a · Land, buildings and equipment: cost or other basis

    $132,565,679

  • 10b · Land, buildings and equipment: accumulated depreciation

    $78,741,293

  • 10c · Land, buildings and equipment, net

    beginning of year $51,509,218 · end of year $53,824,386

  • 11 · Investments: publicly traded securities

    beginning of year $68,079,906 · end of year $63,111,780

  • 15 · Other assets

    beginning of year $29,581,941 · end of year $45,922,662

  • 17 · Accounts payable and accrued expenses

    beginning of year $66,792,686 · end of year $75,378,981

  • 19 · Deferred revenue

    beginning of year $3,910,719 · end of year $1,331,306

  • 20 · Tax-exempt bond liabilities

    beginning of year $225,664 · end of year $66,074

  • 25 · Other liabilities

    beginning of year $58,028,707 · end of year $69,250,516

  • 27 · Net assets without donor restrictions

    beginning of year $105,727,371 · end of year $102,534,341

Mission and programs · 2022

Mission

To support the West Virginia University School of Medicine in the furtherance of its charitable, scientific, and educational purposes by serving as its faculty practice plan and providing a full range of business management services to its faculty in support of their clinical practices.

Activities or mission (Part I)

To support the West Virginia University School of Medicine in the furtherance of its charitable, scientific, and educational purposes.

  • The Corporation supported faculty physicians of the West Virginia School of Medicine in their provision of medical services with approximately 1,762,038 clinic visits during 2022. The Corporation continuously meets its exempt purpose by providing funds to the state-supported West Virginia University School of Medicine. By providing these funds, the Corporation has both lessened the burdens to government and advanced graduate medical education in West Virginia. As part of its mission to support the School of Medicine, the Corporation incurred expenditures for professional liability premiums on behalf of the faculty physicians of the School of Medicine. The Corporation has also lessened the burdens on government by relieving poverty in West Virginia by supporting the faculty physicians in their provision of charity care.

    Expenses $636,487,247 · Grants $24,389,501 · Revenue $688,641,572

As filed on the 2022 return.

Listed in Part VII

  • Vinay Badhwar MD

    Executive Chair Heart Vascular Institute

    Total calculated
    $2,519,840
    From this org
    $2,495,195
    From related orgs
    $0
    Other
    $24,645
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $2,493,953
    Bonus
    not reported
    Other
    $1,242
    Deferred
    $21,350
    Nontaxable benefits
    $3,295
    Filer's total
    $2,519,840

  • Ali Rezai MD

    Physician

    Total calculated
    $2,292,542
    From this org
    $2,271,111
    From related orgs
    $0
    Other
    $21,431
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,474,413
    Bonus
    not reported
    Other
    $796,698
    Deferred
    $18,300
    Nontaxable benefits
    $3,131
    Filer's total
    $2,292,542

  • Christopher Mascio MD

    Physician

    Total calculated
    $1,909,361
    From this org
    $1,887,766
    From related orgs
    $0
    Other
    $21,595
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,873,435
    Bonus
    $13,089
    Other
    $1,242
    Deferred
    $18,300
    Nontaxable benefits
    $3,295
    Filer's total
    $1,909,361

  • JonDavid Pollock MD

    Physician

    Total calculated
    $1,571,144
    From this org
    $1,549,651
    From related orgs
    $0
    Other
    $21,493
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $503,785
    Bonus
    $1,042,302
    Other
    $3,564
    Deferred
    $18,300
    Nontaxable benefits
    $3,193
    Filer's total
    $1,571,144

  • Lawrence Wei MD

    Physician

    Total calculated
    $1,414,005
    From this org
    $1,389,492
    From related orgs
    $0
    Other
    $24,513
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,129,970
    Bonus
    $252,664
    Other
    $6,858
    Deferred
    $21,350
    Nontaxable benefits
    $3,163
    Filer's total
    $1,414,005

  • Robert Marsh MD PhD

    Physician

    Total calculated
    $1,185,905
    From this org
    $1,161,260
    From related orgs
    $0
    Other
    $24,645
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $692,600
    Bonus
    $467,418
    Other
    $1,242
    Deferred
    $21,350
    Nontaxable benefits
    $3,295
    Filer's total
    $1,185,905

  • Alison Wilson MD

    Director

    Total calculated
    $800,360
    From this org
    $766,830
    From related orgs
    $0
    Other
    $33,530
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $628,728
    Bonus
    $122,684
    Other
    $15,418
    Deferred
    $30,500
    Nontaxable benefits
    $3,030
    Filer's total
    $800,360

  • Mathis Frick MD

    Physician - Former Key Employee

    Total calculated
    $753,371
    From this org
    $719,966
    From related orgs
    $0
    Other
    $33,405
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $581,727
    Bonus
    $50,000
    Other
    $88,239
    Deferred
    $30,500
    Nontaxable benefits
    $2,905
    Filer's total
    $753,371

  • Michael Edmond MD

    Director - Non Voting, CMO

    Total calculated
    $643,878
    From this org
    $622,447
    From related orgs
    $0
    Other
    $21,431
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $450,669
    Bonus
    $167,981
    Other
    $3,797
    Deferred
    $18,300
    Nontaxable benefits
    $3,131
    Filer's total
    $643,878

  • Ronald Pellegrino MD

    Chief Operating Officer

    Total calculated
    $615,195
    From this org
    $581,665
    From related orgs
    $0
    Other
    $33,530
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $467,020
    Bonus
    $113,403
    Other
    $1,242
    Deferred
    $30,500
    Nontaxable benefits
    $3,030
    Filer's total
    $615,195

  • Hannah Hazard MD

    Director

    Total calculated
    $579,027
    From this org
    $551,332
    From related orgs
    $0
    Other
    $27,695
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $437,414
    Bonus
    $112,108
    Other
    $1,810
    Deferred
    $24,400
    Nontaxable benefits
    $3,295
    Filer's total
    $579,027

  • Kevin Halbritter MD

    VP Population Health

    Total calculated
    $545,547
    From this org
    $512,017
    From related orgs
    $0
    Other
    $33,530
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $374,061
    Bonus
    $128,392
    Other
    $9,564
    Deferred
    $30,500
    Nontaxable benefits
    $3,030
    Filer's total
    $545,547

  • Stephen Hoffman MD

    VP Clinical Programs

    Total calculated
    $522,634
    From this org
    $498,091
    From related orgs
    $0
    Other
    $24,543
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $355,527
    Bonus
    $109,000
    Other
    $33,564
    Deferred
    $21,350
    Nontaxable benefits
    $3,193
    Filer's total
    $522,634

  • Christopher Goode

    Director

    Total calculated
    $508,554
    From this org
    $475,024
    From related orgs
    $0
    Other
    $33,530
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $423,214
    Bonus
    $50,000
    Other
    $1,810
    Deferred
    $30,500
    Nontaxable benefits
    $3,030
    Filer's total
    $508,554

  • Jessica Hott DO

    Director

    Total calculated
    $497,240
    From this org
    $473,145
    From related orgs
    $0
    Other
    $24,095
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $329,000
    Bonus
    $143,605
    Other
    $540
    Deferred
    $21,350
    Nontaxable benefits
    $2,745
    Filer's total
    $497,240

  • Nathan Lerfald MD

    Director

    Total calculated
    $422,028
    From this org
    $392,861
    From related orgs
    $0
    Other
    $29,167
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $265,881
    Bonus
    $43,897
    Other
    $83,083
    Deferred
    $26,494
    Nontaxable benefits
    $2,673
    Filer's total
    $422,028

  • Arif Sarwari MD

    Director

    Total calculated
    $368,491
    From this org
    $336,757
    From related orgs
    $0
    Other
    $31,734
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $284,435
    Bonus
    $50,000
    Other
    $2,322
    Deferred
    $28,703
    Nontaxable benefits
    $3,031
    Filer's total
    $368,491

  • Emma Morton-Eggleston MD

    Director - Non Voting

    Total calculated
    $343,866
    From this org
    $0
    From related orgs
    $321,836
    Other
    $22,030
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    not reported + $271,423 related
    Bonus
    not reported + $48,092 related
    Other
    not reported + $2,321 related
    Deferred
    not reported + $19,000 related
    Nontaxable benefits
    not reported + $3,030 related
    Filer's total
    not reported + $343,866 related

  • William Lewis MD

    Director

    Total calculated
    $341,791
    From this org
    $319,796
    From related orgs
    $0
    Other
    $21,995
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $245,812
    Bonus
    $72,371
    Other
    $1,613
    Deferred
    $19,729
    Nontaxable benefits
    $2,266
    Filer's total
    $341,791

  • Darin Rogers

    VP Provider Network Services

    Total calculated
    $290,077
    From this org
    $239,704
    From related orgs
    $0
    Other
    $50,373
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $194,303
    Bonus
    $44,240
    Other
    $1,161
    Deferred
    $35,948
    Nontaxable benefits
    $14,425
    Filer's total
    $290,077

  • Judie Charlton MD

    CMO through 11/2020 - Exec Consultant 12/2020

    Total calculated
    $259,158
    From this org
    $233,659
    From related orgs
    $0
    Other
    $25,499
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $227,307
    Bonus
    not reported
    Other
    $6,352
    Deferred
    $23,047
    Nontaxable benefits
    $2,452
    Filer's total
    $259,158

  • Jeffrey Lancaster

    Director

    Total calculated
    $238,894
    From this org
    $221,033
    From related orgs
    $0
    Other
    $17,861
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $181,364
    Bonus
    $15,892
    Other
    $23,777
    Deferred
    $16,087
    Nontaxable benefits
    $1,774
    Filer's total
    $238,894

  • Kathryn Moffett-Bradford MD

    Director

    Total calculated
    $205,425
    From this org
    $187,054
    From related orgs
    $0
    Other
    $18,371
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $168,319
    Bonus
    $15,683
    Other
    $3,053
    Deferred
    $16,725
    Nontaxable benefits
    $1,645
    Filer's total
    $205,425

  • Clay Marsh MD

    Voting Ex-Officio, VP and Executive Dean SoM

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4b · Supplemental nonqualified retirement plan
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part I Line 4b
During 2022, certain individuals reported in Part VII participated in a nonqualified retirement plan. The following is a list of those individuals, plan types and amounts.
Part I Line 4b
Darin Rogers - CAA deferred contributions of 29,086
Part I Line 6
Year-end incentives for management are based on the bottom line performance of the organization as a whole.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
13 November 2023
IRS schema version
2022v5.0
Source object
202303189349301980

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