Thomas Health System Inc
- Assets
- $66.5m
- Revenue
- $891.3k
- Investments
- $0.0
- Employees
- 2,083
- Location
- S Charleston, WV
- Founding
- 11/2008
- Data as of
- 09/2021
- EIN
- 26-0440674
Organization Overview
Thomas Health System Inc is located in S Charleston, WV. The organization was established in 2008. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 09/2021, Thomas Health System Inc employed 2,083 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thomas Health System Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THOMAS HEALTH SYSTEM, INC. IS OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES AND IS THE SOLE MEMBER AND PARENT COMPANY OF THE HERBERT J. THOMAS MEMORIAL HOSPITAL ASSOCIATION, CHARLESTON HOSPITAL, INC. DBA ST. FRANCIS HOSPITAL, AND THS PHYSICIAN PARTNERS, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GENERAL PURPOSES OF THE CORPORATION ARE TO AID, STRENGTHEN, SUPPORT, BENEFIT, AND FURTHER IN EVERY PROPER AND USEFUL WAY THE WORK AND SERVICES OF HERBERT J. THOMAS MEMORIAL HOSPITAL ASSOCIATION, A NONSTOCK, NONPROFIT WEST VIRGINIA CORPORATION, CHARLESTON HOSPITAL, INC., A NONSTOCK, NONPROFIT WEST VIRGINIA CORPORATION, AND THS PHYSICIAN PARTNERS, INC., A NONSTOCK, NONPROFIT WEST VIRGINIA CORPORATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel J Lauffer President & CEO | Officer | 10 | $765,072 |
Timothy Skeldon Sr Vp/cfo | Officer | 10 | $530,280 |
Matthew Upton MD Sr Vp/cmo | Officer | 10 | $516,171 |
Brian Ulery Exec Vp/coo | Officer | 10 | $514,138 |
Aaron Alexander Sr Vp/gen Counsel | 1 | $399,109 | |
Brian Lilly Sr Vp/cqo | 1 | $247,200 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Professional Anesthesia Service Inc | 9/29/21 | $3,414,826 |
Sound Physicians Of Wv | 9/29/21 | $1,970,300 |
Center For Pain Relief Inc | 9/29/21 | $2,727,389 |
Iss Solutions | 9/29/21 | $1,387,801 |
Emcare Inc | 9/29/21 | $862,457 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $32,381 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,381 |
| Total Program Service Revenue | $0 |
| Investment income | $733,851 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $891,312 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $42,695 |
| 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. | $1,904,810 |
| Compensation of current officers, directors, key employees. | $602,110 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $25,517,623 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,743,582 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $736,203 |
| Fees for services: Accounting | $442,374 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,941,957 |
| Advertising and promotion | $1,164,305 |
| Office expenses | $2,202,085 |
| Information technology | $1,920,177 |
| Royalties | $0 |
| Occupancy | $1,447,198 |
| Travel | $44,512 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,140,868 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,108,803 |
| Insurance | $4,127,556 |
| All other expenses | $748,604 |
| Total functional expenses | $92,114,427 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,301,042 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,950,537 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $943,171 |
| Prepaid expenses and deferred charges | $1,838,948 |
| Net Land, buildings, and equipment | $7,827,009 |
| Investments—publicly traded securities | $37,227,051 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,401,312 |
| Total assets | $66,489,070 |
| Accounts payable and accrued expenses | $19,415,938 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $54,537,767 |
| 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 | $79,042,931 |
| Total liabilities | $152,996,636 |
| Net assets without donor restrictions | -$86,507,566 |
| 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 | $66,489,070 |
Grants Awarded
Over the last fiscal year, Thomas Health System Inc has awarded $42,695 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
South Charleston, WV PURPOSE: NURSING SCHOLARSHIPS AND GOLF SPONSORSHIP | $27,695 |
Flatwoods, WV PURPOSE: CORPORATE SPONSORSHIP OF CONFERENCE PROGRAM | $5,000 |
Charleston, WV PURPOSE: CO-SPONSOR LEADERSHIP KANAWHA VALLEY | $5,000 |
Mount Clare, WV PURPOSE: DONATION FOR SPIRIT OF WELLNESS FUNDRAISING CAMPAIGN | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Thomas Health System Inc has recieved totaling $36,881.
| Awarding Organization | Amount |
|---|---|
The Foundation For The Thomas Memorial & Saint Francis Hospitals South Charleston, WV PURPOSE: PROGRAMS AND SERVICES TO SPECIFICALLY BENEFIT SAINT FRANCIS HOSPITAL. | $36,881 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hh Medstar Health Inc Columbia, MD | $303,491,180 | $865,504,764 |
University Hospitals Health System Inc Shaker Heights, OH | $6,082,138,000 | $960,105,000 |
Aultman Health Foundation Group Return Canton, OH | $450,362,832 | $880,954,681 |
Geisinger System Services Danville, PA | $1,398,222,343 | $715,016,181 |
Appalachian Regional Healthcare Inc Lexington, KY | $1,267,201,787 | $817,287,479 |
Virginia Hospital Center Arlington Health System Arlington, VA | $1,877,524,577 | $673,514,509 |
Highmark Health Pittsburgh, PA | $708,603,703 | $583,319,053 |
West Virginia University Medical Corporation Morgantown, WV | $212,648,584 | $571,153,959 |
Owensboro Health Regional Hospital Owensboro, KY | $1,685,340,581 | $709,904,993 |
Adena Health System Chillicothe, OH | $876,980,484 | $590,625,475 |
The Johns Hopkins Health System Corporation Baltimore, MD | $2,298,014,981 | $561,406,992 |
Wellspan Health York, PA | $671,523,886 | $507,378,748 |