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Nonprofiteer
← WEST VIRGINIA UNIVERSITY HOSPITALS INC

Form 990 for tax year 2023

Filed by WEST VIRGINIA UNIVERSITY HOSPITALS INC.

Totals

Total revenue
$2,105,869,583
Total expenses
$2,050,412,817
Contributions and grants received
$1,899,031
Grants paid
$1,655,180
Program service revenue
$1,815,130,718
Investment income
$21,770,925
Other revenue
$267,068,909
Total assets, end of year
$2,322,128,639
Total liabilities, end of year
$1,307,461,819
Net assets or fund balances, end of year
$1,014,666,820
Program services expenses (Part IX)
$1,716,627,742
Management and general expenses
$333,785,075
Fundraising expenses
$0
Program service expenses (Part III)
$1,716,627,742

Program services were 83.7% 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.

  • 1e · Government grants (contributions)

    $436,761

  • 1f · All other contributions, gifts and grants

    $1,462,270

  • 1g · Noncash contributions included above

    $1,001,850

  • 2a · Program service revenue: Patient Service Revenue

    total $1,801,849,891 · related or exempt $1,801,849,891

  • 2b · Program service revenue: Hemophilia Treatment

    total $5,656,399 · related or exempt $5,656,399

  • 2c · Program service revenue: Tuition

    total $3,986,921 · related or exempt $3,986,921

  • 2d · Program service revenue: Center for Hope and Healing Revenue

    total $3,299,833 · related or exempt $3,299,833

  • 2e · Program service revenue: COVID Relief Funds- Federal

    total $11,100 · related or exempt $11,100

  • 2f · All other program service revenue

    total $326,574 · related or exempt $326,574

  • 3 · Investment income

    total $17,590,399 · unrelated business $2,377,760 · excluded $15,212,639

  • 6a · Gross rents

    real property $3,390,395

  • 6b · Less rental expenses

    real property $951,396

  • 6c · Rental income or loss

    real property $2,438,999

  • 6d · Net rental income or loss

    total $2,438,999 · excluded $2,438,999

  • 7a · Gross sales of assets other than inventory

    other assets $4,180,526

  • 7c · Gain or loss

    other assets $4,180,526

  • 7d · Net gain or loss

    total $4,180,526 · excluded $4,180,526

  • 10a · Gross sales of inventory

    $1,075,057

  • 10b · Cost of goods sold

    $497,284

  • 10c · Net income from sales of inventory

    total $577,773 · excluded $577,773

  • 11a · Other revenue: Outpatient Pharmacy

    total $242,296,545 · related or exempt $242,296,545

  • 11b · Other revenue: Cafeteria Income

    total $9,869,856 · excluded $9,869,856

  • 11c · Other revenue: Lab Fees

    total $7,202,537 · related or exempt $6,947,877 · unrelated business $254,660

  • 11d · All other revenue

    total $4,683,199 · related or exempt $4,683,199

  • 11e · Other revenue, total

    $264,052,137

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,655,180 · program services $1,655,180

  • 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 $6,112,229 · program services $3,380,239 · management and general $2,731,990

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $498,592,303 · program services $454,884,160 · management and general $43,708,143

  • 8 · Pension plan contributions

    total $16,488,469 · program services $15,049,582 · management and general $1,438,887

  • 9 · Other employee benefits

    total $115,188,102 · program services $104,803,997 · management and general $10,384,105

  • 10 · Payroll taxes

    total $38,627,453 · program services $35,073,167 · management and general $3,554,286

  • 11a · Fees: management

    total $3,026,896 · program services $3,026,896

  • 11b · Fees: legal

    total $441,480 · program services $1,317 · management and general $440,163

  • 11c · Fees: accounting

    total $18,577 · management and general $18,577

  • 11d · Fees: lobbying

    total $112,184 · program services $112,184

  • 11f · Fees: investment management

    total $3,958,768 · management and general $3,958,768

  • 11g · Fees: other

    total $126,124,529 · program services $82,284,741 · management and general $43,839,788

  • 12 · Advertising and promotion

    total $2,747,236 · program services $54,193 · management and general $2,693,043

  • 13 · Office expenses

    total $50,539,654 · program services $33,616,906 · management and general $16,922,748

  • 14 · Information technology

    total $366,315 · program services $103,100 · management and general $263,215

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $18,991,828 · program services $13,308,953 · management and general $5,682,875

  • 17 · Travel

    total $3,599,949 · program services $2,660,972 · management and general $938,977

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $33,746,869 · program services $23,135,388 · management and general $10,611,481

  • 21 · Payments to affiliates

    total $396,784,239 · program services $264,643,619 · management and general $132,140,620

  • 22 · Depreciation, depletion and amortization

    total $88,986,446 · program services $60,333,656 · management and general $28,652,790

  • 23 · Insurance

    total $14,794,669 · program services $13,261,759 · management and general $1,532,910

  • 24a · Other expenses: Medical Supplies

    total $516,979,456 · program services $516,979,456

  • 24b · Other expenses: Taxes, Licenses Fees

    total $47,522,301 · program services $36,541,662 · management and general $10,980,639

  • 24c · Other expenses: Provision for Doubtful Accounts

    total $45,024,039 · program services $45,024,039

  • 24d · Other expenses: Recruiting Expenses

    total $8,237,523 · program services $108,758 · management and general $8,128,765

  • 24e · All other expenses

    total $11,746,123 · program services $6,583,818 · management and general $5,162,305

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,900 · end of year $6,816,737

  • 2 · Savings and temporary cash investments

    beginning of year $101,004,918 · end of year $56,840,880

  • 4 · Accounts receivable

    beginning of year $339,847,925 · end of year $384,551,961

  • 8 · Inventories for sale or use

    beginning of year $30,765,309 · end of year $41,440,743

  • 9 · Prepaid expenses and deferred charges

    beginning of year $11,767,420 · end of year $17,096,529

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

    $1,767,728,560

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

    $876,555,856

  • 10c · Land, buildings and equipment, net

    beginning of year $888,017,140 · end of year $891,172,704

  • 11 · Investments: publicly traded securities

    beginning of year $364,932,868 · end of year $653,847,742

  • 12 · Investments: other securities

    beginning of year $249,315,969 · end of year $231,918,466

  • 13 · Investments: program-related

    beginning of year $1,733,721 · end of year $1,733,721

  • 15 · Other assets

    beginning of year $53,494,803 · end of year $36,709,156

  • 17 · Accounts payable and accrued expenses

    beginning of year $173,666,958 · end of year $179,494,435

  • 19 · Deferred revenue

    beginning of year $3,888,118 · end of year $2,331,210

  • 20 · Tax-exempt bond liabilities

    beginning of year $736,224,568 · end of year $977,868,151

  • 23 · Secured mortgages and notes payable

    beginning of year $113,113,683 · end of year $110,480,854

  • 25 · Other liabilities

    beginning of year $27,496,858 · end of year $37,287,169

  • 27 · Net assets without donor restrictions

    beginning of year $978,352,254 · end of year $1,001,982,090

  • 28 · Net assets with donor restrictions

    beginning of year $8,141,534 · end of year $12,684,730

Mission and programs · 2023

Mission

WVU Hospitals WVUH exists to provide a quality healthcare system, including tertiary services, to the citizens of WV and the surrounding region. Equally important, WVUH is committed by law and philosophy to be the primary clinical site for the education and research programs of the WVU Health Sciences Center.

Activities or mission (Part I)

WVU Hospitals exists to provide a quality healthcare system, including tertiary services, to the citizens of WV and the surrounding region.

  • Internal Medicine - The Internal Medicine Department of WVU Hospitals provides comprehensive primary care to adults. Coordinated care is provided for patients in both an outpatient and inpatient setting. Members of the internal medicine department provide a variety of patient care services including checkups for health promotion and disease prevention, pre-employment physicals for all new employees, pre-operative assessments, routine care of common medical illnesses, and ongoing medical management and coordination of care for complex disease states.

    Expenses $263,288,540 · Revenue $299,059,090

  • Hematology/Oncology - The Hematology and Oncology Departments of WVU Hospitals diagnose and treat all adult malignant disorders and diseases of the blood, including anemia, leukemia, lymphoma, and bleeding problems. Our doctors, nurses, and staff offer state-of-the-art care in a personalized and compassionate environment. Our services include evaluating and diagnosing cancer and blood disorders, cancer chemotherapy, targeted therapies, and immunotherapy.

    Expenses $133,410,491 · Revenue $163,785,190

  • Cardiology - Our cardiologists offer comprehensive evaluation and management of diseases of the heart and circulatory system and work with primary care physicians to ensure coordinated, continuous care. Our faculty have expertise in every aspect of cardiac care, ranging from standard procedures such as outpatient consultation, echocardiography, and angiography to advanced clinical research into heart failure, preventive cardiology, and radio-frequency ablation. Special services include physical fitness evaluation, non-invasive and invasive studies, interventional procedures, and radioisotope examinations of the heart.

    Expenses $79,502,757 · Revenue $99,155,438

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Michael Grace

    President

    Total calculated
    $1,146,869
    From this org
    $995,690
    From related orgs
    $0
    Other
    $151,179
    Hours/week
    60 + 11 related

    Schedule J breakdown matched by us

    Base
    $748,393
    Bonus
    $231,540
    Other
    $15,757
    Deferred
    $128,070
    Nontaxable benefits
    $23,109
    Filer's total
    $1,146,869

  • Michael Edmond MD

    WVUHS/WVUH/UHA CMO

    Total calculated
    $887,362
    From this org
    $0
    From related orgs
    $741,903
    Other
    $145,459

    Schedule J breakdown matched by us

    Base
    not reported + $536,214 related
    Bonus
    not reported + $202,125 related
    Other
    not reported + $3,564 related
    Deferred
    not reported + $142,347 related
    Nontaxable benefits
    not reported + $3,112 related
    Filer's total
    not reported + $887,362 related

  • Melissa McCoy

    VP Finance/CFO

    Total calculated
    $628,327
    From this org
    $0
    From related orgs
    $519,233
    Other
    $109,094

    Schedule J breakdown matched by us

    Base
    not reported + $411,861 related
    Bonus
    not reported + $98,520 related
    Other
    not reported + $8,852 related
    Deferred
    not reported + $77,580 related
    Nontaxable benefits
    not reported + $31,514 related
    Filer's total
    not reported + $628,327 related

  • Amy Bush

    Chief Operating Officer - Childrens

    Total calculated
    $624,083
    From this org
    $532,007
    From related orgs
    $0
    Other
    $92,076
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $430,825
    Bonus
    $92,413
    Other
    $8,769
    Deferred
    $80,083
    Nontaxable benefits
    $11,993
    Filer's total
    $624,083

  • Frank Briggs

    VP, WVU Heart Vascular institute

    Total calculated
    $516,930
    From this org
    $430,541
    From related orgs
    $0
    Other
    $86,389
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $348,425
    Bonus
    $74,558
    Other
    $7,558
    Deferred
    $67,485
    Nontaxable benefits
    $18,904
    Filer's total
    $516,930

  • Douglas Mitchell

    VP Chief Nursing Officer

    Total calculated
    $467,454
    From this org
    $400,758
    From related orgs
    $0
    Other
    $66,696
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $328,200
    Bonus
    $68,342
    Other
    $4,216
    Deferred
    $47,940
    Nontaxable benefits
    $18,756
    Filer's total
    $467,454

  • Anthony Condia

    VP Marketing and Communications

    Total calculated
    $465,700
    From this org
    $202,802
    From related orgs
    $202,802
    Other
    $60,096
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $166,911 + $166,911 related
    Bonus
    $33,338 + $33,338 related
    Other
    $2,553 + $2,553 related
    Deferred
    $24,170 + $24,170 related
    Nontaxable benefits
    $5,878 + $5,878 related
    Filer's total
    $232,850 + $232,850 related

  • Justin Gibson

    VP, Finance

    Total calculated
    $460,600
    From this org
    $384,015
    From related orgs
    $0
    Other
    $76,585
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $312,952
    Bonus
    $66,807
    Other
    $4,256
    Deferred
    $46,908
    Nontaxable benefits
    $29,677
    Filer's total
    $460,600

  • Michael Shullo

    Vice President Transplant Program

    Total calculated
    $441,205
    From this org
    $364,443
    From related orgs
    $0
    Other
    $76,762
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $307,191
    Bonus
    $54,224
    Other
    $3,028
    Deferred
    $45,617
    Nontaxable benefits
    $31,145
    Filer's total
    $441,205

  • Nathan Burt

    VP, Operations

    Total calculated
    $415,625
    From this org
    $343,303
    From related orgs
    $0
    Other
    $72,322
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $277,861
    Bonus
    $60,388
    Other
    $5,054
    Deferred
    $41,209
    Nontaxable benefits
    $31,113
    Filer's total
    $415,625

  • Karyn Wallace

    VP, Neuroscience

    Total calculated
    $415,459
    From this org
    $361,166
    From related orgs
    $0
    Other
    $54,293
    Hours/week
    37 + 4 related

    Schedule J breakdown matched by us

    Base
    $294,351
    Bonus
    $62,702
    Other
    $4,113
    Deferred
    $42,790
    Nontaxable benefits
    $11,503
    Filer's total
    $415,459

  • Colleen Sybert

    VP, Human Resources

    Total calculated
    $355,173
    From this org
    $289,445
    From related orgs
    $0
    Other
    $65,728
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $232,945
    Bonus
    $49,535
    Other
    $6,965
    Deferred
    $34,771
    Nontaxable benefits
    $30,957
    Filer's total
    $355,173

  • Edward Harrison

    VP, Cancer Services

    Total calculated
    $339,022
    From this org
    $300,422
    From related orgs
    $0
    Other
    $38,600
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $259,000
    Bonus
    $34,664
    Other
    $6,758
    Deferred
    $37,700
    Nontaxable benefits
    $900
    Filer's total
    $339,022

  • Mary Fanning

    VP, Nursing Clinical Services

    Total calculated
    $336,096
    From this org
    $313,306
    From related orgs
    $0
    Other
    $22,790
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $248,743
    Bonus
    $52,517
    Other
    $12,046
    Deferred
    $11,376
    Nontaxable benefits
    $11,414
    Filer's total
    $336,096

  • Joshua Hack

    Chief Medical Physicist

    Total calculated
    $309,749
    From this org
    $280,810
    From related orgs
    $0
    Other
    $28,939
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $262,206
    Bonus
    $18,177
    Other
    $427
    Deferred
    $12,147
    Nontaxable benefits
    $16,792
    Filer's total
    $309,749

  • Louie Sokos

    AVP Specialty Pharmacy

    Total calculated
    $307,036
    From this org
    $265,730
    From related orgs
    $0
    Other
    $41,306
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $232,059
    Bonus
    $28,822
    Other
    $4,849
    Deferred
    $10,823
    Nontaxable benefits
    $30,483
    Filer's total
    $307,036

  • Rachel Blasko

    VP Operations - Childrens

    Total calculated
    $298,199
    From this org
    $258,426
    From related orgs
    $0
    Other
    $39,773
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $216,255
    Bonus
    $37,574
    Other
    $4,597
    Deferred
    $10,062
    Nontaxable benefits
    $29,711
    Filer's total
    $298,199

  • Deborah Falconi

    Administrator Tactical Relationships Implementation

    Total calculated
    $296,998
    From this org
    $256,208
    From related orgs
    $0
    Other
    $40,790
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $213,725
    Bonus
    $32,871
    Other
    $9,612
    Deferred
    $9,903
    Nontaxable benefits
    $30,887
    Filer's total
    $296,998

  • Amy Moneypenny

    Registered Nurse

    Total calculated
    $295,459
    From this org
    $273,376
    From related orgs
    $0
    Other
    $22,083
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $238,662
    Bonus
    $34,600
    Other
    $114
    Deferred
    $3,916
    Nontaxable benefits
    $18,167
    Filer's total
    $295,459

  • Aaron Yanuzo

    COO - Fairmont Medical Center

    Total calculated
    $267,587
    From this org
    $247,043
    From related orgs
    $0
    Other
    $20,544
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $204,215
    Bonus
    $42,115
    Other
    $713
    Deferred
    $9,238
    Nontaxable benefits
    $11,306
    Filer's total
    $267,587

  • Robert Anthony

    Director, Employee Representation

    Total calculated
    $138,700
    From this org
    $116,161
    From related orgs
    $0
    Other
    $22,539
    Hours/week
    40

  • E Gordon Gee PhD

    Director, Chairperson

    Total calculated
    $0
    Hours/week
    1

  • Ellen Cappellanti

    Director, Vice Chair

    Total calculated
    $0
    Hours/week
    1

  • Steve Meurer

    Director, Secretary

    Total calculated
    $0
    Hours/week
    1

  • Scott Roach

    Director, Treasurer

    Total calculated
    $0
    Hours/week
    1

  • David Satterfield

    Director

    Total calculated
    $0
    Hours/week
    1

  • Michelle Rotellini

    Director

    Total calculated
    $0
    Hours/week
    1

  • Tara Hulsey Ph D

    Director

    Total calculated
    $0
    Hours/week
    1

  • Sarah Tucker Ph D

    Director

    Total calculated
    $0
    Hours/week
    1

  • Randy Williams

    Director

    Total calculated
    $0
    Hours/week
    1

  • Clay Marsh MD

    Director / Vice President of HSC

    Total calculated
    $0
    Hours/week
    1

  • Paula Congelio

    Director

    Total calculated
    $0
    Hours/week
    1

  • Ben Statler

    Director, January - August

    Total calculated
    $0
    Hours/week
    1

  • Steve Ferguson

    Director

    Total calculated
    $0
    Hours/week
    1

  • Kevin Craig

    Director, August - December

    Total calculated
    $0
    Hours/week
    1

  • Christopher Kiefer MD

    Director

    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

  • 2 · Substantiation required before reimbursing expenses
  • 4b · Supplemental nonqualified retirement plan
  • 6a · Pay contingent on this organization's net earnings
  • 7 · Other non-fixed payments

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
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part I Line 3
Compensation for WVU Hospitals, Inc. CEO is determined by the WV United Health System compensation committee. The System engages an independent group to perform an executive compensation review and compensation survey every two years. This information is provided to the committee, which is made up of independent board members who are then responsible for setting the compensation packages offered to each executive, ensuring that the compensation package offered does not exceed fair market value.
Part I Line 4b
During 2023, 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 II Line 1a
Frank Briggs - CAA deferred contributions of 52,635 Nathan Burt - CAA deferred contributions of 28,420 Douglas Mitchell - CAA deferred contributions of 33,090 Anthony Condia - deferred contributions of 16,745 from filing organization and 16,745 from related party Michael Grace - deferred contributions of 113,220 Amy Bush - deferred contributions of 65,233 Justin Gibson - deferred contributions of 32,350 Karyn Wallace - deferred contributions of 29,510 Colleen Sybert - deferred contributions of 23,980 Edward Harrison - deferred contributions of 26,000 Michael Shullo - deferred contributions of 31,460 and Melissa McCoy - deferred contributions of 62,730 from related party.
Part I Line 6a
Per the WVUHS Incentive Plan incentives are contingent on meeting a net earning target.
Part I Line 7
Incentive and bonuses are based on goals and productivity measures that are not contingent on revenue.

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

The 10 largest by cash amount. The API serves every itemized grant.

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • Recovery Properties LLC

    Real Estate Lessor · WV · income -$3,124,601 · assets $17,982,782

    Directly controlled by West Virginia University Hospitals Inc

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • Allied Health Services Inc

    C Corp · Linen Services · WV

Provenance

Return type
form_990
Tax year
2023
Filed
29 April 2024
IRS schema version
2023v5.1
Source object
202443189349309034

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.