Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $147,193

• 1e · Government grants (contributions)

  $1,565,609

• 1f · All other contributions, gifts and grants

  $236,879

• 2a · Program service revenue: Patient Service Revenue

  total $71,043,518 · related or exempt $71,043,518

• 2b · Program service revenue: Retail Pharmacy

  total $11,283,638 · related or exempt $11,283,638

• 2c · Program service revenue: 340B Contract Pharmacy Revenue

  total $1,148,728 · related or exempt $1,148,728

• 2d · Program service revenue: Dietary Sales

  total $285,162 · related or exempt $285,162

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $1,765,254 · excluded $1,765,254

• 6a · Gross rents

  real property $6,000

• 6c · Rental income or loss

  real property $6,000 · personal property $0

• 6d · Net rental income or loss

  total $6,000 · excluded $6,000

• 7c · Gain or loss

  securities $0 · other assets $0

• 8a · Fundraising events: gross income

  $61,732

• 8a · Fundraising events: contributions included on line 1c

  $147,193

• 8b · Fundraising events: direct expenses

  $61,732

• 8c · Net income from fundraising events

  total $0 · excluded $0

• 11a · Other revenue: Other Revenue

  total $342,649 · excluded $342,649

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $342,649

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $174,293 · program services $174,293

• 5 · Compensation of officers, directors and key employees

  total $823,536 · management and general $823,536

• 7 · Other salaries and wages

  total $35,594,108 · program services $30,720,148 · management and general $4,687,553 · fundraising $186,407

• 8 · Pension plan contributions

  total $2,227,658 · program services $1,879,144 · management and general $337,112 · fundraising $11,402

• 9 · Other employee benefits

  total $3,651,521 · program services $3,075,759 · management and general $556,925 · fundraising $18,837

• 10 · Payroll taxes

  total $2,256,334 · program services $1,907,820 · management and general $337,112 · fundraising $11,402

• 11b · Fees: legal

  total $94,142 · management and general $94,142

• 11c · Fees: accounting

  total $303,813 · management and general $303,813

• 11g · Fees: other

  total $8,442,942 · program services $3,251,202 · management and general $4,875,431 · fundraising $316,309

• 12 · Advertising and promotion

  total $214,243 · program services $214,243

• 13 · Office expenses

  total $1,327,547 · program services $945,173 · management and general $382,374

• 14 · Information technology

  total $892,695 · program services $891,152 · management and general $1,543

• 16 · Occupancy

  total $2,729,673 · program services $1,919,029 · management and general $786,314 · fundraising $24,330

• 19 · Conferences, conventions and meetings

  total $335,981 · program services $155,354 · management and general $180,627

• 20 · Interest

  total $1,153,126 · program services $964,772 · management and general $181,729 · fundraising $6,625

• 22 · Depreciation, depletion and amortization

  total $3,119,739 · program services $2,864,273 · management and general $250,213 · fundraising $5,253

• 23 · Insurance

  total $876,439 · program services $733,280 · management and general $138,124 · fundraising $5,035

• 24a · Other expenses: Medical Supplies

  total $15,702,611 · program services $15,702,611

• 24b · Other expenses: Provider Tax

  total $1,275,027 · program services $1,275,027

• 24c · Other expenses: Food & Dietary

  total $476,225 · program services $476,225

• 24d · Other expenses: Bad Debt Expense

  total $1,438,782 · program services $1,438,782

• 24e · All other expenses

  total $1,767,969 · program services $1,570,442 · management and general $166,311 · fundraising $31,216

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $3,523,521 · end of year $1,304,613

• 2 · Savings and temporary cash investments

  beginning of year $28,164,226 · end of year $36,571,997

• 3 · Pledges and grants receivable

  beginning of year $61,854 · end of year $1,279,820

• 4 · Accounts receivable

  beginning of year $5,490,373 · end of year $7,548,078

• 5 · Loans and receivables from officers and key people

  end of year $0

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 8 · Inventories for sale or use

  beginning of year $1,048,468 · end of year $1,598,955

• 9 · Prepaid expenses and deferred charges

  beginning of year $750,998 · end of year $501,979

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

  $55,636,103

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

  $23,355,027

• 10c · Land, buildings and equipment, net

  beginning of year $31,205,443 · end of year $32,281,076

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $869,906 · end of year $921,701

• 14 · Intangible assets

  end of year $943,252

• 15 · Other assets

  beginning of year $967,639 · end of year $1,028,013

• 17 · Accounts payable and accrued expenses

  beginning of year $6,114,921 · end of year $7,804,216

• 19 · Deferred revenue

  end of year $855,545

• 22 · Loans and payables to officers and key people

  end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $32,285,360 · end of year $31,622,219

• 25 · Other liabilities

  beginning of year $12,147,584 · end of year $19,216,715

• 27 · Net assets without donor restrictions

  beginning of year $21,434,563 · end of year $24,375,789

• 28 · Net assets with donor restrictions

  beginning of year $100,000 · end of year $105,000

The filer's explanations (Part III)

Schedule J, Part I, Line 1a Travel for companions

WVHA Annual Meeting - Board members and the executive team (C-Suite & Medical Leadership) are required to attend the annual hospital association meeting. As part of this meeting, spouses are required to attend. The Hospital covers reasonable travel and accommodations for BMH team member and spouses.

Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan

Multiple EXECUTIVES PARTICIPATED IN A 457(F) PLAN. CONTRIBUTIONS TO THE 457(F) PLAN ARE BASED ON THE PERFORMANCE OF THE ORGANIZATION AND THE INDIVIDUAL PERFORMANCE OF THE EXECUTIVE. ANNUAL CONTRIBUTIONS ARE REVIEW AND APPROVAL BY THE COMPENSATION COMMITTEE. The committee conducted a thorough review of the IRS Form 990s and WV Uniform Financial Reports for hospitals and health systems throughout West Virginia. THE COMMITTEE USES THE DATA TO DETERMINE THE TOTAL Compensation of the CEO AND OTHER EXECUTIVE OFFICERS. THIS DATA IS REVIEWED Periodically OR WHEN A NEW PERSON COMES INTO AN EXECUTIVE ROLE.