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Nonprofiteer
← POTOMAC VALLEY HOSPITAL INC

Form 990 for tax year 2024

Filed by POTOMAC VALLEY HOSPITAL INC.

Totals

Total revenue
$95,559,235
Total expenses
$88,902,448
Contributions and grants received
$1,378,064
Grants paid
$120,413
Program service revenue
$93,540,507
Investment income
$270,299
Other revenue
$370,365
Total assets, end of year
$63,630,538
Total liabilities, end of year
$30,678,372
Net assets or fund balances, end of year
$32,952,166
Program services expenses (Part IX)
$76,110,746
Management and general expenses
$12,791,702
Fundraising expenses
$0
Program service expenses (Part III)
$76,110,746

Program services were 85.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Hamed Vahedikafshgari MD

    Physician

    Total calculated
    $1,025,476
    From this org
    $972,667
    From related orgs
    $0
    Other
    $52,809
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $493,267
    Bonus
    $478,590
    Other
    $810
    Deferred
    $15,525
    Nontaxable benefits
    $37,284
    Filer's total
    $1,025,476
  • Charles Bess MD

    Physician

    Total calculated
    $607,894
    From this org
    $555,461
    From related orgs
    $0
    Other
    $52,433
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $382,581
    Bonus
    $169,316
    Other
    $3,564
    Deferred
    $15,525
    Nontaxable benefits
    $36,908
    Filer's total
    $607,894
  • Mark Boucot

    CEO

    Total calculated
    $560,693
    From this org
    $179,234
    From related orgs
    $268,850
    Other
    $112,609
    Hours/week
    16 + 24 related

    Schedule J breakdown matched by us

    Base
    $135,002 + $202,503 related
    Bonus
    $38,148 + $57,223 related
    Other
    $6,084 + $9,124 related
    Deferred
    $30,258 + $45,387 related
    Nontaxable benefits
    $14,786 + $22,178 related
    Filer's total
    $224,278 + $336,415 related
  • Marjorie Fridkin

    Director, CMO

    Total calculated
    $556,976
    From this org
    $204,071
    From related orgs
    $306,107
    Other
    $46,798
    Hours/week
    16 + 24 related

    Schedule J breakdown matched by us

    Base
    $109,610 + $164,414 related
    Bonus
    $94,062 + $141,093 related
    Other
    $400 + $600 related
    Deferred
    $15,895 + $23,842 related
    Nontaxable benefits
    $2,824 + $4,236 related
    Filer's total
    $222,791 + $334,185 related
  • Sherif Dabash MD

    Physician

    Total calculated
    $513,720
    From this org
    $485,796
    From related orgs
    $0
    Other
    $27,924
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $485,256
    Bonus
    not reported
    Other
    $540
    Deferred
    $15,525
    Nontaxable benefits
    $12,399
    Filer's total
    $513,720
  • Boyd Sprenkle MD

    Physician

    Total calculated
    $463,149
    From this org
    $369,664
    From related orgs
    $67,736
    Other
    $25,749
    Hours/week
    34 + 6 related

    Schedule J breakdown matched by us

    Base
    $366,652 + $67,184 related
    Bonus
    not reported
    Other
    $3,012 + $552 related
    Deferred
    $10,354 + $1,897 related
    Nontaxable benefits
    $11,407 + $2,091 related
    Filer's total
    $391,425 + $71,724 related
  • Alan Stephens MD

    Physician

    Total calculated
    $461,688
    From this org
    $409,067
    From related orgs
    $0
    Other
    $52,621
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $368,527
    Bonus
    not reported
    Other
    $40,540
    Deferred
    $15,525
    Nontaxable benefits
    $37,096
    Filer's total
    $461,688
  • Amy Boothe

    VP Operations Finance

    Total calculated
    $299,872
    From this org
    $107,318
    From related orgs
    $160,977
    Other
    $31,577
    Hours/week
    16 + 24 related

    Schedule J breakdown matched by us

    Base
    $84,448 + $126,672 related
    Bonus
    $19,354 + $29,030 related
    Other
    $3,516 + $5,275 related
    Deferred
    $3,883 + $5,824 related
    Nontaxable benefits
    $8,748 + $13,122 related
    Filer's total
    $119,949 + $179,923 related
  • Kendra Thayer

    VP of Nursing, CNO

    Total calculated
    $297,142
    From this org
    $100,719
    From related orgs
    $151,078
    Other
    $45,345
    Hours/week
    16 + 24 related

    Schedule J breakdown matched by us

    Base
    $77,901 + $116,852 related
    Bonus
    $20,393 + $30,589 related
    Other
    $2,425 + $3,637 related
    Deferred
    $3,619 + $5,428 related
    Nontaxable benefits
    $14,519 + $21,779 related
    Filer's total
    $118,857 + $178,285 related
  • Darin Rogers

    Director, WVUHS VP Provider Network Services

    Total calculated
    $277,308
    From this org
    $0
    From related orgs
    $237,540
    Other
    $39,768
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $207,267 related
    Bonus
    not reported + $25,118 related
    Other
    not reported + $5,155 related
    Deferred
    not reported + $38,919 related
    Nontaxable benefits
    not reported + $849 related
    Filer's total
    not reported + $277,308 related
  • Harshad Bokil MD

    Director, Physician

    Total calculated
    $273,247
    From this org
    $133,029
    From related orgs
    $127,812
    Other
    $12,406
    Hours/week
    21 + 20 related

    Schedule J breakdown matched by us

    Base
    $56,407 + $54,195 related
    Bonus
    $76,500 + $73,500 related
    Other
    $122 + $117 related
    Deferred
    $2,239 + $2,152 related
    Nontaxable benefits
    $4,088 + $3,927 related
    Filer's total
    $139,356 + $133,891 related
  • Elaine Geroski

    VP, Nursing, Through September 2022

    Total calculated
    $152,333
    From this org
    $0
    From related orgs
    $133,641
    Other
    $18,692

    Schedule J breakdown matched by us

    Base
    not reported + $132,861 related
    Bonus
    not reported
    Other
    not reported + $780 related
    Deferred
    not reported + $6,026 related
    Nontaxable benefits
    not reported + $12,666 related
    Filer's total
    not reported + $152,333 related
  • Robin Haupt

    Director, Secretary

    Total calculated
    $0
    Hours/week
    1
  • Jerry Whisner

    Director, Chair

    Total calculated
    $0
    Hours/week
    1
  • Dinah Courrier

    Director

    Total calculated
    $0
    Hours/week
    1
  • Frances Jones

    Director

    Total calculated
    $0
    Hours/week
    1
  • Kevin Clark

    Director

    Total calculated
    $0
    Hours/week
    1
  • Louie Kitzmiller

    Director, Treasurer

    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

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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part I Line 6a
Per the WVUHS Incentive Plan, incentives are contingent on meeting a net earning target.
Part I Line 4b
Mark Boucot received deferred compensation contributions of 24,069 from Potomac Valley Hospital and 36,103 from a related party. Marjorie Fridkin received deferred compensation contributions of 10,962 from Potomac Valley Hospital and 16,443 from a related party in 2024. Darin Rogers received deferred compensation contributions of 31,156 from related party. These amounts are properly recorded in deferred compensation on the Form 990 Schedule J.
Part I Line 3
Compensation for CEOs are 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'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.

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.

Related corporations and trusts

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

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.2
Source object
202513189349302231

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