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Charleston Area Medical Center

Charleston, WV · EIN 55-0526150 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Charleston Area Medical Center reported $1.99 billion in revenue and $1.92 billion in expenses for calendar year 2024. Of every $100 it spent, $84.28 went to program services, $15.71 to management and general costs and $0.01 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 97.4% of the total. The highest compensation it reported for one person was $2,333,588 (CARDIOLOGIST). 1,550 people received more than $100,000 in reportable compensation. Revenue rose 56% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $1.92B

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $1.99B

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
84.3%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
15.7%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.01$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.8%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.4%0.1%
Program service revenue share
Part VIII 2g ÷ 12
97.4%93.7%
Highest reported compensation
Part VII-A, columns D–F
$2,333,588$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.12%1.34%
People paid over $100,000
Part VII, line 2
1,55027
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
4.16.6
Independent voting board members
Part VI 1a–1b
11 of 1588.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$1.44B expenses · 88.7% of program spending · grants $72,499 · revenue $1.94B

Camc is one of west virginia's largest medical centers with over 10,500 employees and 776 medical staff. Camc is licensed for 956 beds at four campuses and our health care services delivery focuses on providing a full range of inpatient and outpatient services as a tertiary regional referral center, teaching and safety net hospital. As a regional referral center, camc has one of only two state level 1 trauma centers, a level iii neonatal icu, a pediatric icu, a dnv-certified primary stroke center, and a bariatric center of excellence. Camc is the primary medical safety net provider of women…

$33M expenses · 2.0% of program spending · grants $4.3M

Camc has established medical and allied health education excellence as a core competency. Provision and support for education include training for interns and residents, nurses, anesthetists and other personnel. Approximately 200 wvu/wvsom medical students trained at camc hospitals and 230 medical residents were employed by camc. Camc provided faculty support to the university of charleston helping educate pharmacy students, nursing students and physician assistants. Camc assisted 22 employees through student loan forgiveness, and provided educational assistance to 381 individuals who intend…

$151M expenses · 9.3% of program spending · grants $232K · revenue $241K

Camc does much more than just provide health care, being involved in nearly every aspect of the health and well being of the community. Camc offered 58 outreach programs which served an estimated 41,523 people. Camc provided acute inpatient and outpatient hospital services including unreimbursed charity care at cost of $18,344,647. Creative, state-of-the-art programs and services are provided to our community to serve our community - particularly the needs of the low income, elderly and other vulnerable persons. Community benefits are programs or activities that provide treatment or promote…

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CARDIOLOGIST
Highest compensated employee, 40.00 hrs/week
$2,301,094$0$32,494$2,333,588
ENDOVASCULAR SURGEON
Highest compensated employee, 40.00 hrs/week
$2,009,551$0$69,456$2,079,007
PRESIDENT AND CEO VANDALIA HEALTH
Director/trustee, 5.00 hrs/week
$0$1,926,954$131,607$2,058,561
BARIATRIC SURGEON
Highest compensated employee, 40.00 hrs/week
$1,905,952$0$68,763$1,974,715
INTERVENTIONAL CARDIOLOGY
Highest compensated employee, 40.00 hrs/week
$1,814,363$0$69,686$1,884,049
CARDIOVASCULAR SURGEON
Highest compensated employee, 40.00 hrs/week
$1,791,028$0$69,686$1,860,714
VP & GENERAL COUNSEL
Officer, 5.00 hrs/week
$0$1,000,360$307,203$1,307,563
PRESIDENT AND CEO CAMC
Director/trustee, officer, 50.00 hrs/week
$0$1,156,127$58,825$1,214,952

1,550 people received more than $100,000 in reportable compensation from Charleston Area Medical Center (Part VII, line 2). Compensation of current officers, directors and key employees totaled $5.9M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$500M$1.00B$1.50B$2.00B201920202021202220232024$1.99B$1.92B
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$1.99B$1.92B84.3%$654M$2,333,588
2023 ⓘ$1.68B$1.64B87.8%$610M$2,160,732
2022 ⓘ$1.47B$1.46B75.9%$561M$1,686,175
2021 ⓘ$1.43B$1.38B76.9%$588M$1,680,538
2020 ⓘ$1.27B$1.24B75.4%$517M$1,839,240
2019 ⓘ$1.27B$1.23B75.5%$463M$2,213,915

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b15 · 11 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26Yes
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 511,905
  • Volunteers Part I, line 6174

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
WVU PHYSICIANS OF CHARLESTON
Gme/physician services
$50,237,948
QUALIVIS LLC
Agency services
$39,769,792
CHARLESTON AREA RADIATION THERAPY
Radiation services
$17,972,284
COMPHEALTH
Medical services
$12,200,870

Individuals listed as contractors are left out. 103 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to Charleston Area Medical Center totaling $7,500 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Charleston Area Medical Center's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Charleston Area Medical Center, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in West Virginia

Questions people ask

How much of Charleston Area Medical Center's spending goes to programs?

In calendar year 2024, Charleston Area Medical Center reported that 84.3% of its $1.92 billion in expenses went to program services, 15.7% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Charleston Area Medical Center pay its top executive?

The largest total compensation Charleston Area Medical Center reported for one person in calendar year 2024 was $2,333,588, for the role of CARDIOLOGIST (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Charleston Area Medical Center get its money?

Of $1.99 billion in revenue in calendar year 2024, 0.8% came from contributions and grants (including 0.4% from government grants) and 97.4% from program service revenue (Form 990, Part VIII).

Is Charleston Area Medical Center a registered charity?

The IRS lists EIN 55-0526150 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202533219349320613 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202413189349312406 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202303189349311125 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202213159349301201 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202133189349300018 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202043149349300204 · read the filing

All filings for EIN 55-0526150: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.