Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $96,792

• 1f · All other contributions, gifts and grants

  $150,158

• 1g · Noncash contributions included above

  $49,974

• 2a · Program service revenue: Patient Service Revenue

  total $83,465,575 · related or exempt $83,465,575

• 2b · Program service revenue: Pharmacy Revenue

  total $253,666 · related or exempt $253,666

• 2c · Program service revenue: Medical Office Rent

  total $32,889 · related or exempt $32,889

• 3 · Investment income

  total $1,200,605 · excluded $1,200,605

• 6a · Gross rents

  real property $3,000

• 6c · Rental income or loss

  real property $3,000

• 6d · Net rental income or loss

  total $3,000 · excluded $3,000

• 7a · Gross sales of assets other than inventory

  other assets $393,836

• 7b · Less cost or other basis and sales expenses

  other assets $41,580

• 7c · Gain or loss

  other assets $352,256

• 7d · Net gain or loss

  total $352,256 · excluded $352,256

• 10a · Gross sales of inventory

  $139,518

• 10b · Cost of goods sold

  $91,541

• 10c · Net income from sales of inventory

  total $47,977 · excluded $47,977

• 11a · Other revenue: Intercompany Revenue

  total $523,525 · related or exempt $523,525

• 11b · Other revenue: Cafeteria Income

  total $285,389 · excluded $285,389

• 11c · Other revenue: Rebate Revenue

  total $42,710 · excluded $42,710

• 11d · All other revenue

  total $31,165 · related or exempt $31,165

• 11e · Other revenue, total

  $882,789

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $9,978 · program services $9,978

• 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 $1,028,810 · program services $512,471 · management and general $516,339

• 6 · Compensation of disqualified persons

  total $0

• 7 · Other salaries and wages

  total $24,179,396 · program services $19,435,838 · management and general $4,743,558

• 8 · Pension plan contributions

  total $1,092,847 · program services $913,872 · management and general $178,975

• 9 · Other employee benefits

  total $6,707,461 · program services $5,412,104 · management and general $1,295,357

• 10 · Payroll taxes

  total $1,967,933 · program services $1,581,860 · management and general $386,073

• 11a · Fees: management

  total $0

• 11b · Fees: legal

  total $0

• 11c · Fees: accounting

  total $43,260 · management and general $43,260

• 11d · Fees: lobbying

  total $89,968 · program services $89,968

• 11f · Fees: investment management

  total $0

• 11g · Fees: other

  total $5,594,212 · program services $4,948,705 · management and general $645,507

• 12 · Advertising and promotion

  total $273,055 · management and general $273,055

• 13 · Office expenses

  total $3,076,691 · program services $1,536,727 · management and general $1,539,964

• 14 · Information technology

  total $20,229 · program services $20,229

• 15 · Royalties

  total $0

• 16 · Occupancy

  total $938,085 · program services $628,795 · management and general $309,290

• 17 · Travel

  total $279,998 · program services $242,320 · management and general $37,678

• 18 · Travel or entertainment for public officials

  total $0

• 19 · Conferences, conventions and meetings

  total $0

• 20 · Interest

  total $436,533 · program services $292,606 · management and general $143,927

• 21 · Payments to affiliates

  total $3,377,947 · management and general $3,377,947

• 22 · Depreciation, depletion and amortization

  total $2,623,973 · program services $1,758,839 · management and general $865,134

• 23 · Insurance

  total $394,447 · program services $292,647 · management and general $101,800

• 24a · Other expenses: Medical Supplies

  total $13,045,645 · program services $13,045,645

• 24b · Other expenses: Provision for Doubtful Accounts

  total $2,743,282 · program services $2,743,282

• 24c · Other expenses: Recruiting

  total $574,519 · program services $531,372 · management and general $43,147

• 24d · Other expenses: Taxes, Licenses, Fees

  total $125,820 · program services $1,553 · management and general $124,267

• 24e · All other expenses

  total $25,409 · program services $35,477 · management and general -$10,068

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $8,553,890 · end of year $1,317,538

• 2 · Savings and temporary cash investments

  beginning of year $5,207,297 · end of year $5,898,524

• 4 · Accounts receivable

  beginning of year $19,849,756 · end of year $15,333,538

• 8 · Inventories for sale or use

  beginning of year $1,990,190 · end of year $1,747,883

• 9 · Prepaid expenses and deferred charges

  beginning of year $240,973 · end of year $266,859

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

  $30,984,495

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

  $7,175,252

• 10c · Land, buildings and equipment, net

  beginning of year $21,057,075 · end of year $23,809,243

• 12 · Investments: other securities

  beginning of year $18,708,304 · end of year $30,277,313

• 15 · Other assets

  beginning of year $864,662 · end of year $727,251

• 17 · Accounts payable and accrued expenses

  beginning of year $7,846,731 · end of year $7,630,972

• 19 · Deferred revenue

  beginning of year $831,969 · end of year $705,369

• 23 · Secured mortgages and notes payable

  beginning of year $11,666,666 · end of year $10,833,334

• 25 · Other liabilities

  beginning of year $10,086,402 · end of year $7,879,577

• 27 · Net assets without donor restrictions

  beginning of year $45,182,680 · end of year $51,208,472

• 28 · Net assets with donor restrictions

  beginning of year $857,699 · end of year $1,120,425

The filer's explanations (Part III)

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 Line 4b

Mark Boucot received deferred compensation contributions of 36,103 from GRMC and 24,069 from a related party. Marjorie Fridkin received deferred compensation contributions of 16,443 from GRMC and 10,962 from a related party. James Venturella received deferred contributions of 110,609 from a related party. These amounts were properly recorded in deferred compensation on the Form 990 Schedule J.

Part I Line 6a

Per the WVUHS Incentive Plan incentives are contingent on meeting a net earning target.

Disregarded entities

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

• Professional Emergency Physician Services LLC

  Physician Services · MD · income -$1,404,118 · assets $624,305

  Directly controlled by GRMC Inc

• Garrett Anesthesia Services LLC

  Physician Services · MD · income $41,523 · assets $514,473

  Directly controlled by GRMC Inc

• Specialty Physicians of Garrett County LLC

  Physician Services · MD · income -$10,547,340 · assets $3,416,938

  Directly controlled by GRMC Inc

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• Oakland MRI Center

  Related · Patient Care - MRI · MD · 50% owned

Related corporations and trusts

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

• Allied Health Services Inc

  C Corp · Linen Services · WV