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Grant Memorial Hospital

Petersburg, WV · EIN 55-0562976 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for the fiscal year ending June 30, 2023 (tax year 2022) · View the filing · Correct or respond

Grant Memorial Hospital reported $51.4 million in revenue and $52.1 million in expenses for the fiscal year ending June 30, 2023. Of every $100 it spent, $59.49 went to program services, $40.51 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 98.7% of the total. The highest compensation it reported for one person was $619,120 (PHYSICIAN). 19 people received more than $100,000 in reportable compensation. Revenue rose 29% between FY2020 and FY2023. Source: Form 990, FY2023.

Where $100 of spending went

The fiscal year ending June 30, 2023 · Form 990, Part IX, line 25 · total expenses $52M

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

The fiscal year ending June 30, 2023 · Form 990, Part VIII · total revenue $51M

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

FY2023 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2023Median
Program services
Part IX 25(B) ÷ 25(A)
59.5%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
40.5%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
Not reported$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.0%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
98.7%93.7%
Highest reported compensation
Part VII-A, columns D–F
$619,120$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.19%1.34%
People paid over $100,000
Part VII, line 2
1927
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
0.06.6
Independent voting board members
Part VI 1a–1b
6 of 688.9%

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

FY2023 · Form 990, Part III · the three largest programs by expense
$31M expenses · 100.0% of program spending · revenue $51M

The hospital provides a full complement of health services including inpatient acute, obstetrics, intensive care, swing-bed services, traditional outpatient services and physician services to the residents of grant, hardy, and pendleton counties of west virginia. The hospital is located in the eastern panhandle of west virginia with the closest hospitals located one hour away during good weather. During the winter, it will typically take longer depending on weather conditions. During the year, the hospital had 4,079 acute days, 1,403 swing-bed days, 473 nursery days, and 227 deliveries

Highest reported compensation

FY2023 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PHYSICIAN
Highest compensated employee, 40.00 hrs/week
$608,432$0$10,688$619,120
PHYSICIAN
Highest compensated employee, 40.00 hrs/week
$409,579$0$13,944$423,523
PHYSICIAN
Highest compensated employee, 40.00 hrs/week
$376,853$0$0$376,853
VICE CHIEF OF STAFF PHYSICIAN
Key employee, 40.00 hrs/week
$334,546$0$9,427$343,973
PHYSICIAN
Highest compensated employee, 40.00 hrs/week
$317,881$0$9,981$327,862
CHIEF OF STAFF
Key employee, 40.00 hrs/week
$318,918$0$6,273$325,191
PHYSICIAN
Highest compensated employee, 40.00 hrs/week
$243,551$0$11,140$254,691
CFO
Officer, 40.00 hrs/week
$168,141$0$0$168,141

19 people received more than $100,000 in reportable compensation from Grant Memorial Hospital (Part VII, line 2). Compensation of current officers, directors and key employees totaled $862K (Part IX, line 5).

4 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
FY2023 ⓘ$51M$52M59.5%$0$619,120
FY2022 ⓘ$47M$47M79.1%$15M$619,282
FY2021 ⓘ$46M$42M79.1%$16M$644,141
FY2020 ⓘ$40M$38M82.1%$12M$621,219

Governance answers, as filed

FY2023 · 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–1b6 · 6 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 15aYes
  • Board given the 990 before filing Part VI 11aNo
  • 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 26No
  • 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 5411
  • Volunteers Part I, line 66

Correct a figure or respond

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

Questions people ask

How much of Grant Memorial Hospital's spending goes to programs?

In the fiscal year ending June 30, 2023, Grant Memorial Hospital reported that 59.5% of its $52.1 million in expenses went to program services, 40.5% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Grant Memorial Hospital pay its top executive?

The largest total compensation Grant Memorial Hospital reported for one person in the fiscal year ending June 30, 2023 was $619,120, for the role of PHYSICIAN (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Grant Memorial Hospital get its money?

Of $51.4 million in revenue in the fiscal year ending June 30, 2023, 0.0% came from contributions and grants and 98.7% from program service revenue (Form 990, Part VIII).

Is Grant Memorial Hospital a registered charity?

The IRS lists EIN 55-0562976 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. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411359349309156 · read the filing · XML
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202340409349301814 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221249349301102 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131259349301943 · read the filing

All filings for EIN 55-0562976: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.