West Virginia University Medical Corp
West Virginia University Medical Corp reported $42.0 million in revenue and $44.9 million in expenses for calendar year 2023. Of every $100 it spent, $99.73 went to program services, $0.27 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: 99.2% of the total. The highest compensation it reported for one person was $758,282 (Director). 13 people received more than $100,000 in reportable compensation. Revenue fell 14% between 2019 and 2023. Source: Form 990, 2023.
Where $100 of spending went
Calendar year 2023 · Form 990, Part IX, line 25 · total expenses $45MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2023 · Form 990, Part VIII · total revenue $42MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2023 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 99.7% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 0.3% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.0% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 99.2% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $758,282 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.69% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 13 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 1.9 | 13.3 |
| Independent voting board members Part VI 1a–1b | 1 of 9 | 100.0% |
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
2023 · Form 990, Part III · the three largest programs by expenseThe Corporation supported the faculty physicians of the West Virginia University School of Medicine in their provision of medical services with approximately 97,867 patient visits during 2023. The Corporation incurred expenditures for salaries, wages, and employee benefits on behalf of the School of Medicine for faculty physicians and staff
The Corporation continuously meets its exempt purpose by providing funds to the state-supported West Virginia University School of Medicine. By providing these funds, the Corporation has both lessened the burdens of government and advanced the graduate medical education in West Virginia. As part of its mission to support the School of Medicine, the Corporation incurred expenditures for professional liability premiums on behalf of the faculty physicians of the School of Medicine of approximately $1,086,927 for the year ended December 31, 2023
Highest reported compensation
2023 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| Director Director/trustee, 40.00 hrs/week | $758,282 | $0 | $0 | $758,282 |
| Physician Listed in Part VII, 40.00 hrs/week | $749,564 | $0 | $0 | $749,564 |
| Physician Listed in Part VII, 40.00 hrs/week | $650,524 | $0 | $0 | $650,524 |
| Physician Listed in Part VII, 40.00 hrs/week | $647,920 | $0 | $0 | $647,920 |
| Physician Listed in Part VII, 40.00 hrs/week | $637,420 | $0 | $0 | $637,420 |
| Physician Listed in Part VII, 40.00 hrs/week | $614,614 | $0 | $0 | $614,614 |
| Director Director/trustee, 40.00 hrs/week | $563,743 | $0 | $0 | $563,743 |
| Director Director/trustee, 40.00 hrs/week | $518,754 | $0 | $0 | $518,754 |
13 people received more than $100,000 in reportable compensation from West Virginia University Medical Corp (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.6M (Part IX, line 5).
5 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2023 · 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–1b9 · 1 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 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5Yes
- 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 4No
- 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 5133
Correct a figure or respond
Every number above is copied from West Virginia University Medical Corp's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for West Virginia University Medical Corp, you can publish a response that is linked from this page.
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Of every $100 West Virginia University Medical Corp spent in 2023, $99.73 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of West Virginia University Medical Corp's spending goes to programs?
In calendar year 2023, West Virginia University Medical Corp reported that 99.7% of its $44.9 million in expenses went to program services, 0.3% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does West Virginia University Medical Corp pay its top executive?
The largest total compensation West Virginia University Medical Corp reported for one person in calendar year 2023 was $758,282, for the role of Director (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does West Virginia University Medical Corp get its money?
Of $42.0 million in revenue in calendar year 2023, 0.0% came from contributions and grants and 99.2% from program service revenue (Form 990, Part VIII).
Is West Virginia University Medical Corp a registered charity?
The IRS lists EIN 55-0779739 as a 501(c)(3) organization (organization operated for a governmental college or university), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2023: Form 990 for calendar year 2023, object 202402919349301455 · read the filing · XML
- 2022: Form 990 for calendar year 2022, object 202420969349300902 · read the filing
- 2021: Form 990 for calendar year 2021, object 202241729349300344 · read the filing
- 2020: Form 990 for calendar year 2020, object 202133169349307133 · read the filing
- 2019: Form 990 for calendar year 2019, object 202013199349301766 · read the filing
All filings for EIN 55-0779739: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.