St Josephs Hospital Of Buckhannon Inc
- Assets
- $76.7m
- Revenue
- $91.2m
- Investments
- $50.0k
- Employees
- 551
- Location
- Buckhannon, WV
- Founding
- 09/2015
- Data as of
- 12/2021
- EIN
- 55-0356996
Organization Overview
St Josephs Hospital Of Buckhannon Inc is located in Buckhannon, WV. The organization was established in 2015. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2021, St Josephs Hospital Of Buckhannon Inc employed 551 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Josephs Hospital Of Buckhannon Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, St Josephs Hospital Of Buckhannon Inc generated $91.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 33.9% each year . All expenses for the organization totaled $77.8m during the year ending 12/2021. While expenses have increased by 31.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE ARE INSPIRED BY THE LOVE OF CHRIST TO PROVIDE OUR COMMUNITY WITH QUALITY HEALTH CARE IN WAYS THAT RESPECT THE GOD-GIVEN DIGNITY OF EACH PERSON AND THE SACREDNESS OF HUMAN LIFE.
Describe the Organization's Program Activity:
THE PHYSICIANS OF ST.JOSEPHS PROVIDE HEALTHCARE TO THE ENTIRE FAMILY FROM INFANCY TO THE ELDERLY IN THEIR FAMILY MEDICINE DEPARTMENT. ST. JOSEPHS FAMILY MEDICINE DEPARTMENT PROVIDES CONVENIENT AND COMPREHENSIVE CARE THAT RECOGNIZES THE UNIQUENESS OF EVERY INDIVIDUAL WHO IS TREATED. FAMILY MEDICINE AT ST. JOSEPHS HAD 20,198 VISITS IN 2021.
ST. JOSEPHS EMERGENCY DEPARTMENT IS A LEVEL FOUR TRAUMA CENTER AND IS OPEN SEVEN DAYS PER WEEK, 24 HOURS PER DAY. IN ADDITION TO THE EMERGENCY DEPARTMENT, ST. JOSEPHS HAS A PROMPTCARE WALK-IN TREATMENT CENTER THAT IS LOCATED ADJACENT TO THE EMERGENCY DEPARTMENT AND IS OPEN SEVEN DAYS PER WEEK. IN 2021, ST. JOSEPHS EMERGENCY DEPARTMENT HAD 16,526 VISITS.
ST. JOSEPHS HOSPITAL PROVIDES A WIDE SCOPE OF GENERAL SURGERY SERVICES. THERE WERE 7,016 CLINIC VISITS AND 3,278 OR PROCEDURES IN 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Long MD Director, Physician | Trustee | 40 | $786,761 |
Robert Riddick MD Physician | 40 | $447,939 | |
Ross Knowles MD Physician | 40 | $423,893 | |
Matthan Jackson Hospitalist | 40 | $408,039 | |
Jeffrey Michael MD Physician | 40 | $359,201 | |
Ivar Gjolberg President | Officer | 40 | $349,644 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Medical Solutions Medical Staffing Services | 12/30/21 | $1,055,415 |
Alliance Healthcare Services Inc Radiology Services | 12/30/21 | $340,900 |
Prometheus Laboratories Inc Laboratory Services | 12/30/21 | $151,046 |
Tforce Logistics East Llc Logistics | 12/30/21 | $137,336 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $196,930 |
| Government grants | $144,647 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $341,577 |
| Total Program Service Revenue | $87,672,724 |
| Investment income | $393,352 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $11,845 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $91,224,270 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $13,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,467,803 |
| Compensation of current officers, directors, key employees. | $1,086,559 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $25,453,289 |
| Pension plan accruals and contributions | $797,118 |
| Other employee benefits | $5,258,024 |
| Payroll taxes | $1,930,446 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $228,896 |
| Fees for services: Accounting | $12,915 |
| Fees for services: Lobbying | $8,511 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,302,112 |
| Advertising and promotion | $394,905 |
| Office expenses | $2,659,427 |
| Information technology | $8,370 |
| Royalties | $0 |
| Occupancy | $716,639 |
| Travel | $130,714 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $24,787 |
| Interest | $254,019 |
| Payments to affiliates | $8,838,951 |
| Depreciation, depletion, and amortization | $3,229,952 |
| Insurance | $743,478 |
| All other expenses | $165,920 |
| Total functional expenses | $77,787,929 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,785,171 |
| Savings and temporary cash investments | $27,387,066 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,006,155 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,120,675 |
| Prepaid expenses and deferred charges | $1,208,507 |
| Net Land, buildings, and equipment | $17,191,239 |
| Investments—publicly traded securities | $6,056,393 |
| Investments—other securities | $50,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,917,842 |
| Total assets | $76,723,048 |
| Accounts payable and accrued expenses | $7,798,298 |
| Grants payable | $0 |
| Deferred revenue | $1,944,823 |
| Tax-exempt bond liabilities | $7,860,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $14,963,898 |
| Total liabilities | $32,567,019 |
| Net assets without donor restrictions | $44,156,029 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $76,723,048 |
Grants Awarded
Over the last fiscal year, St Josephs Hospital Of Buckhannon Inc has awarded $10,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UPSHUR COUNTY DEVELOPMENT AUTHORITY PURPOSE: Economic development in PSA | $5,000 |
Elkins, WV PURPOSE: Aid in transport for aging community members | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that St Josephs Hospital Of Buckhannon Inc has recieved totaling $57,000.
| Awarding Organization | Amount |
|---|---|
West Virginia Community Voices Inc Charleston, WV PURPOSE: DRUG FREE MOMS AND BABIES | $57,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern Ohio Medical Center Portsmouth, OH | $685,497,488 | $516,045,516 |
Summit Medical Group Inc Erlanger, KY | $190,205,942 | $425,285,378 |
Upmc Western Maryland Corporation Cumberland, MD | $700,315,252 | $389,297,426 |
St Lukes Hospital Anderson Campus Allentown, PA | $273,325,539 | $361,430,735 |
St Joseph Regional Health Network Reading, PA | $174,700,776 | $307,422,246 |
Penn State Health Holy Spirit Medical Center Hershey, PA | $95,423,962 | $326,188,059 |
Sentara Princess Anne Hospital Norfolk, VA | $369,930,510 | $308,894,271 |
Beavercreek Medical Center Miamisburg, OH | $315,696,444 | $234,653,488 |
Kentuckyone Health Medical Group Inc Louisville, KY | $34,581,254 | $84,338,188 |
Uniontown Hospital Uniontown, PA | $111,794,948 | $142,448,680 |
Sentara Enterprises Norfolk, VA | $56,715,425 | $135,301,315 |
Kennedy Medical Group Practice Pc Philadelphia, PA | $26,969,347 | $86,553,116 |