Totals
- Total revenue
- $20,338,497
- Total expenses
- $16,676,275
- Contributions and grants received
- $3,200
- Grants paid
- $0
- Program service revenue
- $19,705,805
- Investment income
- $624,657
- Other revenue
- $4,835
- Total assets, end of year
- $17,015,071
- Total liabilities, end of year
- $1,222,041
- Net assets or fund balances, end of year
- $15,793,030
- Program services expenses (Part IX)
- $14,122,859
- Management and general expenses
- $2,553,416
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $14,122,859
Program services were 84.7% 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.
-
1f · All other contributions, gifts and grants
$3,200
-
2a · Program service revenue: MEDICARE & MEDICAID
total $17,510,050 · related or exempt $17,510,050
-
2b · Program service revenue: PRIVATE PAY
total $2,195,755 · related or exempt $2,195,755
-
3 · Investment income
total $624,657 · excluded $624,657
-
11a · Other revenue: MISCELLANEOUS INCOME
total $4,835 · excluded $4,835
-
11e · Other revenue, total
$4,835
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $583,139 · program services $524,825 · management and general $58,314
-
7 · Other salaries and wages
total $6,929,557 · program services $6,111,211 · management and general $818,346
-
8 · Pension plan contributions
total $127,665 · program services $97,512 · management and general $30,153
-
9 · Other employee benefits
total $1,262,232 · program services $1,135,806 · management and general $126,426
-
10 · Payroll taxes
total $603,315 · program services $432,002 · management and general $171,313
-
11b · Fees: legal
total $8,658 · management and general $8,658
-
11c · Fees: accounting
total $84,113 · management and general $84,113
-
11g · Fees: other
total $1,893,449 · program services $1,893,449
-
12 · Advertising and promotion
total $141,170 · management and general $141,170
-
13 · Office expenses
total $62,891 · program services $5,290 · management and general $57,601
-
14 · Information technology
total $169,779 · management and general $169,779
-
16 · Occupancy
total $314,132 · management and general $314,132
-
17 · Travel
total $42,165 · program services $39,422 · management and general $2,743
-
20 · Interest
total $6,221 · program services $6,221
-
22 · Depreciation, depletion and amortization
total $292,691 · program services $292,691
-
23 · Insurance
total $484,252 · program services $55,556 · management and general $428,696
-
24a · Other expenses: PROVIDER TAX
total $1,002,835 · program services $1,002,835
-
24b · Other expenses: OTHER EXPENSES
total $718,722 · program services $576,750 · management and general $141,972
-
24c · Other expenses: FOOD
total $704,683 · program services $704,683
-
24d · Other expenses: MEDICAL SUPPLIES
total $693,621 · program services $693,621
-
24e · All other expenses
total $550,985 · program services $550,985
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,752,321 · end of year $1,805,255
-
4 · Accounts receivable
beginning of year $1,639,912 · end of year $1,565,262
-
8 · Inventories for sale or use
beginning of year $65,420 · end of year $90,283
-
9 · Prepaid expenses and deferred charges
beginning of year $119,153 · end of year $139,800
-
10a · Land, buildings and equipment: cost or other basis
$10,770,526
-
10b · Land, buildings and equipment: accumulated depreciation
$8,197,149
-
10c · Land, buildings and equipment, net
beginning of year $2,702,649 · end of year $2,573,377
-
11 · Investments: publicly traded securities
beginning of year $7,090,335 · end of year $10,841,094
-
17 · Accounts payable and accrued expenses
beginning of year $905,968 · end of year $914,928
-
19 · Deferred revenue
beginning of year $240,500 · end of year $240,500
-
25 · Other liabilities
beginning of year $92,514 · end of year $66,613
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $12,130,808 · end of year $15,793,030
Mission and programs · 2023
Mission
THE COMPANY IS A SKILLED NURSING CENTER IN PRINCETON, WEST VIRGINIA OFFERING THE HIGHEST QUALITY CARE AVAILABLE IN AN ENVIRONMENT THAT IS WARM, COMFORTABLE AND FRIENDLY.
Activities or mission (Part I)
OPERATE OLD AGE HOMES - SKILLED NURSING HOMES.
-
DURING FISCAL YEAR 2024, PRINCETON MEMORIAL COMPANY PROVIDED INPATIENT CARE FOR 42,325 RESIDENT DAYS WITH 77 RESIDENT ADMISSIONS DURING THE YEAR. THE STAFF CONDUCTED COVID AND WELLNESS PROGRAMS FOR STAFF, RESIDENTS, AND FAMILIES AND PROVIDED ASSISTANCE TO AREA HEALTH CARE PROVIDERS BY CONDUCTING NURSE AIDE TRAINING COURSES.
Expenses $14,122,859 · Revenue $19,705,805
As filed on the 2023 return.
Listed in Part VII
-
Stefanie ComptonSTEFANIE COMPTON
ADMINISTRATOR
- Total calculated
- $213,379
- From this org
- $202,754
- From related orgs
- $0
- Other
- $10,625
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $201,040
- Bonus
- $1,714
- Other
- $0
- Deferred
- $10,073
- Nontaxable benefits
- $552
- Filer's total
- $213,379
-
Reanne OsborneREANNE OSBORNE
CHAIR
- Total calculated
- $0
- Hours/week
- 0.25
-
Judy AkersJUDY AKERS
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.25
-
Mike WebbMIKE WEBB
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Charles AutreyCHARLES AUTREY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Stacy HicksSTACY HICKS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Janet ShrewsburyJANET SHREWSBURY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Dustin WhiteDUSTIN WHITE
CFO
- Total calculated
- $181,834
- From this org
- $161,809
- From related orgs
- $0
- Other
- $20,025
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $149,610
- Bonus
- $12,199
- Other
- $0
- Deferred
- $6,775
- Nontaxable benefits
- $13,250
- Filer's total
- $181,834
-
Christie BaileyCHRISTIE BAILEY
DIRECTOR OF NURSING
- Total calculated
- $206,588
- From this org
- $183,843
- From related orgs
- $0
- Other
- $22,745
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $179,092
- Bonus
- $4,751
- Other
- $0
- Deferred
- $9,311
- Nontaxable benefits
- $13,434
- Filer's total
- $206,588
-
Robert BaileyROBERT BAILEY
RN INSERVICE DIRECTOR
- Total calculated
- $120,674
- From this org
- $112,857
- From related orgs
- $0
- Other
- $7,817
- Hours/week
- 40
-
Kim HaynesKIM HAYNES
ACCOUNTING MANAGER
- Total calculated
- $111,232
- From this org
- $105,657
- From related orgs
- $0
- Other
- $5,575
- Hours/week
- 40
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
- 3 · Compensation committee
- 3 · Compensation survey or study
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202531359349312098
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.