Totals
- Total revenue
- $72,177,450
- Total expenses
- $70,345,825
- Contributions and grants received
- $641,264
- Grants paid
- $119,368
- Program service revenue
- $69,892,989
- Investment income
- $738,715
- Other revenue
- $904,482
- Total assets, end of year
- $72,082,428
- Total liabilities, end of year
- $50,547,865
- Net assets or fund balances, end of year
- $21,534,563
- Program services expenses (Part IX)
- $57,135,941
- Management and general expenses
- $12,641,629
- Fundraising expenses
- $568,255
- Program service expenses (Part III)
- $57,135,941
Program services were 81.2% 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.
-
1c · Fundraising events
$34,529
-
1e · Government grants (contributions)
$441,670
-
1f · All other contributions, gifts and grants
$165,065
-
2a · Program service revenue: PATIENT SERVICE REVENUE
total $61,791,509 · related or exempt $61,791,509
-
2b · Program service revenue: PHARMACY
total $5,780,580 · related or exempt $5,780,580
-
2c · Program service revenue: 340B PROGRAM REVENUE
total $2,081,386 · related or exempt $2,081,386
-
2d · Program service revenue: DIETARY SALES
total $239,514 · related or exempt $239,514
-
3 · Investment income
total $738,715 · excluded $738,715
-
6a · Gross rents
real property $11,583
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $11,583
-
6d · Net rental income or loss
total $11,583 · excluded $11,583
-
8a · Fundraising events: gross income
$11,000
-
8a · Fundraising events: contributions included on line 1c
$34,529
-
8b · Fundraising events: direct expenses
$15,822
-
8c · Net income from fundraising events
total -$4,822 · excluded -$4,822
-
11a · Other revenue: OTHER REVENUE
total $897,721 · excluded $897,721
-
11e · Other revenue, total
$897,721
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $119,368 · program services $119,368
-
5 · Compensation of officers, directors and key employees
total $718,367 · management and general $718,367
-
7 · Other salaries and wages
total $30,478,906 · program services $25,805,201 · management and general $4,496,522 · fundraising $177,183
-
8 · Pension plan contributions
total $1,891,321 · program services $1,553,265 · management and general $325,741 · fundraising $12,315
-
9 · Other employee benefits
total $2,744,705 · program services $2,051,778 · management and general $648,448 · fundraising $44,479
-
10 · Payroll taxes
total $1,993,111 · program services $1,655,055 · management and general $325,741 · fundraising $12,315
-
11b · Fees: legal
total $94,133 · management and general $94,133
-
11c · Fees: accounting
total $227,745 · management and general $227,745
-
11e · Fees: professional fundraising services
total $15,050 · fundraising $15,050
-
11g · Fees: other
total $6,476,683 · program services $2,565,450 · management and general $3,649,337 · fundraising $261,896
-
12 · Advertising and promotion
total $260,941 · program services $260,941
-
13 · Office expenses
total $1,341,662 · program services $820,929 · management and general $520,733
-
14 · Information technology
total $536,503 · program services $535,289 · management and general $1,214
-
16 · Occupancy
total $2,664,140 · program services $1,794,752 · management and general $845,155 · fundraising $24,233
-
19 · Conferences, conventions and meetings
total $325,836 · program services $207,962 · management and general $117,874
-
20 · Interest
total $1,180,825 · program services $987,947 · management and general $186,094 · fundraising $6,784
-
22 · Depreciation, depletion and amortization
total $3,068,851 · program services $2,817,552 · management and general $251,299
-
23 · Insurance
total $632,869 · program services $529,495 · management and general $99,738 · fundraising $3,636
-
24a · Other expenses: MEDICAL SUPPLIES
total $11,319,613 · program services $11,319,613
-
24b · Other expenses: PROVIDER TAX
total $1,333,144 · program services $1,333,144
-
24c · Other expenses: OTHER EXPENSES
total $1,282,219 · program services $1,138,367 · management and general $133,488 · fundraising $10,364
-
24d · Other expenses: BAD DEBT EXPENSE
total $1,226,738 · program services $1,226,738
-
24e · All other expenses
total $413,095 · program services $413,095
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $26,597,442 · end of year $29,225,740
-
2 · Savings and temporary cash investments
beginning of year $2,966,318 · end of year $2,462,007
-
3 · Pledges and grants receivable
beginning of year $155,582 · end of year $61,854
-
4 · Accounts receivable
beginning of year $5,149,193 · end of year $5,490,373
-
7 · Other notes and loans receivable
beginning of year $30,527
-
8 · Inventories for sale or use
beginning of year $885,538 · end of year $1,048,468
-
9 · Prepaid expenses and deferred charges
beginning of year $410,429 · end of year $750,998
-
10a · Land, buildings and equipment: cost or other basis
$51,519,785
-
10b · Land, buildings and equipment: accumulated depreciation
$20,314,342
-
10c · Land, buildings and equipment, net
beginning of year $30,385,031 · end of year $31,205,443
-
13 · Investments: program-related
beginning of year $798,986 · end of year $869,906
-
15 · Other assets
beginning of year $0 · end of year $967,639
-
17 · Accounts payable and accrued expenses
beginning of year $6,304,842 · end of year $6,114,921
-
23 · Secured mortgages and notes payable
beginning of year $32,253,509 · end of year $32,285,360
-
25 · Other liabilities
beginning of year $9,117,757 · end of year $12,147,584
-
27 · Net assets without donor restrictions
beginning of year $19,702,938 · end of year $21,434,563
-
28 · Net assets with donor restrictions
end of year $100,000
Mission and programs · 2022
Mission
THE BASIC MISSION OF BOONE MEMORIAL HOSPITAL IS TO CREATE AN ENVIRONMENT IN WHICH QUALIFIED PHYSICIANS AND OTHER HEALTH CARE PERSONNEL CAN WORK TOGETHER TO PROVIDE HIGH QUALITY HEALTH CARE SERVICE, IN AN ATMOSPHERE OF BROTHERLY LOVE AND CONCERN, TO THE SERVICES, INCLUDING PREVENTION, GUIDANCE, DIAGNOSIS, TREATMENT, RESTORATION, REHABILITATION AND OTHER EFFORTS TO ENABLE PATIENTS TO LEAD HEALTHY, PRODUCTIVE LIVES, AS MAY BE NEEDED BY ITS COMMUNITY, AND AS ITS RESOURCES WILL PERMIT. IN CARRYING OUT ITS PROGRAMS, BOONE MEMORIAL HOSPITAL RECOGNIZES ITS RESPONSIBILITY TO MAKE SERVICES AVAILABLE TO ALL PERSONS WHO CAN BENEFIT FROM THEM AND TO PROVIDE THESE IN AN ECONOMICAL MANNER IN COMPLIANCE WITH HIGH PROFESSIONAL STANDARDS. THE HOSPITAL FURTHER RECOGNIZES RESPONSIBILITY TO DEVELOP AN ORGANIZATIONAL ENVIRONMENT IN WHICH PHYSICIANS, EMPLOYEES, VOLUNTEERS AND OTHER INDIVIDUALS CONSTITUTING ITS STAFF ARE STIMULATED TO HIGH STANDARDS OF PERFORMANCE AND CAN FIND MAXIMUM SATISFACTION, ACHIEVEM
Activities or mission (Part I)
BOONE MEMORIAL HOSPITAL STRIVES TO SUPPLY A COMPREHENSIVE RANGE OF INPATIENT AND OUTPATIENT SERVICES
-
IN PERFORMING ITS MISSION, BOONE MEMORIAL HOSPITAL, INC. HAD 778 ACUTE CARE ADMISSIONS, 203 OBSERVATION ADMISSIONS, AND 203 SKILLED NURSING CARE ADMISSIONS. THE HOSPITAL ALSO HAD 7 RESPITE CARE PATIENTS, 16,128 EMERGENCY ROOM VISITS, AND 53,012 VISITS IN ITS FOUR RURAL HEALTH CLINICS.
Expenses $57,135,941 · Grants $119,368 · Revenue $69,892,989
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Robert BrownROBERT BROWN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1.25
-
James HensleyJAMES HENSLEY
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1.25
-
Thomas BiasTHOMAS BIAS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.25
-
James GoreJAMES GORE
SECRETARY
- Total calculated
- $0
- Hours/week
- 1.25
-
Nada WoodieNADA WOODIE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.25
-
Shawn MillerSHAWN MILLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.25
-
John RegerJOHN REGER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.25
-
Susan McCorySUSAN MCCORY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.25
-
Wyatt ScaggsWYATT SCAGGS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.25
-
Virgil UnderwoodVIRGIL UNDERWOOD
CHIEF EXECUTIVE OFFICER
- Total calculated
- $713,907
- From this org
- $304,307
- From related orgs
- $0
- Other
- $409,600
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $304,307
- Bonus
- $0
- Other
- $0
- Deferred
- $407,000
- Nontaxable benefits
- $2,600
- Filer's total
- $713,907
-
Douglas Cole Malcolm Beg 102022DOUGLAS COLE MALCOLM BEG 102022
CHIEF FINANCIAL OFFICER
- Total calculated
- $70,067
- From this org
- $67,352
- From related orgs
- $0
- Other
- $2,715
- Hours/week
- 50
-
Chad Hovis End 82022CHAD HOVIS END 82022
CHIEF FINANCIAL OFFICER
- Total calculated
- $152,220
- From this org
- $144,032
- From related orgs
- $0
- Other
- $8,188
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $144,032
- Bonus
- $0
- Other
- $0
- Deferred
- $6,488
- Nontaxable benefits
- $1,700
- Filer's total
- $152,220
-
Angela ChristianANGELA CHRISTIAN
CHIEF OPERATING OFFICER
- Total calculated
- $385,822
- From this org
- $202,676
- From related orgs
- $0
- Other
- $183,146
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $202,676
- Bonus
- $0
- Other
- $0
- Deferred
- $180,646
- Nontaxable benefits
- $2,500
- Filer's total
- $385,822
-
Casey Shaun HagerCASEY SHAUN HAGER
DOCTOR
- Total calculated
- $646,272
- From this org
- $623,272
- From related orgs
- $0
- Other
- $23,000
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $522,522
- Bonus
- $100,750
- Other
- $0
- Deferred
- $20,500
- Nontaxable benefits
- $2,500
- Filer's total
- $646,272
-
Shane Edward CookSHANE EDWARD COOK
DOCTOR
- Total calculated
- $611,965
- From this org
- $589,265
- From related orgs
- $0
- Other
- $22,700
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $589,265
- Bonus
- $0
- Other
- $0
- Deferred
- $20,500
- Nontaxable benefits
- $2,200
- Filer's total
- $611,965
-
Charles D CriggerCHARLES D CRIGGER
DOCTOR
- Total calculated
- $445,842
- From this org
- $443,342
- From related orgs
- $0
- Other
- $2,500
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $443,342
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $2,500
- Filer's total
- $445,842
-
Michael BledsoeMICHAEL BLEDSOE
DOCTOR
- Total calculated
- $501,911
- From this org
- $481,419
- From related orgs
- $0
- Other
- $20,492
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $481,419
- Bonus
- $0
- Other
- $0
- Deferred
- $17,992
- Nontaxable benefits
- $2,500
- Filer's total
- $501,911
-
Thomas CortellesiTHOMAS CORTELLESI
DOCTOR
- Total calculated
- $504,890
- From this org
- $475,640
- From related orgs
- $0
- Other
- $29,250
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $475,640
- Bonus
- $0
- Other
- $0
- Deferred
- $26,000
- Nontaxable benefits
- $3,250
- Filer's total
- $504,890
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
- 1a · Travel for companions
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
- 5a · Pay contingent on this organization's revenues
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
- 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
The filer's explanations (Part III)
- PART I, LINE 1A
- 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 ACCOMODATIONS FOR BMH TEAM MEMBER AND SPOUSES.
- PART I, LINE 4B
- THREE EXECUTIVES (CEO, CFO & COO) PARTICIPATED IN A 457(F) PLAN. THE 457(F) PLAN IS BASED ON A PERCENTAGE OF HEALTH SYSTEM GROSS REVENUE (0.2% OF GROSS REVENUE). THE AMOUNT CAN ADDITIONALLY BE ADJUSTED THROUGH A REVIEW AND APPROVAL BY THE COMPENSATION COMMITTEE. VIRGIL UNDERWOOD RECEIVED $380,000 DEFERRED COMPENSATION FROM PARTICIPATION IN THE 457(F) PLAN. ANGELA CHRISTIAN RECEIVED $165,000 DEFERRED COMPENSATION FROM PARTICIPATION IN THE 457(F) PLAN.
- PART I, LINE 5
- THE ORGANIZATION OFFERS A 457(F) PLAN TO THREE EXECUTIVES (CEO, CFO & COO). THE 457(F) PLAN IS BASED ON A PERCENTAGE OF HEALTH SYSTEM GROSS REVENUE (0.2% OF GROSS REVENUE). THE AMOUNT CAN ADDITIONALLY BE ADJUSTED THROUGH A REVIEW AND APPROVAL BY THE COMPENSATION COMMITTEE.
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
-
SOUTHERN WV COMMUNITY COLLEGE
$50,000
SCHOLARSHIP PRIOGRAM
-
BOONE COUNTY SCHOOLS
$38,500
WV GAMECHANGER PROJECT
-
SCOTT HIGH SCHOOL
$30,868
VOLLEYBALL COURTS
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202431369349302213
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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