Camden-Clark Memorial Hospital Corporation
- Assets
- $262.1m
- Revenue
- $413.3m
- Investments
- $5.2m
- Employees
- 2,231
- Location
- Parkersburg, WV
- Founding
- 06/1997
- Data as of
- 12/2022
- EIN
- 31-1524546
Organization Overview
Camden-Clark Memorial Hospital Corporation, operating under the name Camden Clark Medical Center, is located in Parkersburg, WV. The organization was established in 1997. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2023, Camden Clark Medical Center employed 2,231 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Camden Clark Medical Center 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 12/2022, Camden Clark Medical Center generated $413.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $399.6m during the year ending 12/2022. While expenses have increased by 7.0% per year over the past 8 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.
Since 2014, Camden Clark Medical Center has awarded 48 individual grants totaling $1,041,308. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE AN ACUTE CARE AND EMERGENCY HOSPITAL FACILITY.
Describe the Organization's Program Activity:
CAMDEN CLARK MEMORIAL HOSPITAL STRIVES TO SUPPLY A COMPREHENSIVE RANGE OF INPATIENT, OUTPATIENT, OUTREACH CLINICS, INCLUDING PREVENTION, GUIDANCE, DIAGNOSIS, TREATMENT, RESTORATION, REHABILITATION AND OTHER EFFORTS AS MAY BE REQUIRED TO MEET THE HEALTH CARE NEEDS OF THE COMMUNITY AND AS THE HOSPITALS RESOURCES WILL PERMIT. ALTHOUGH REIMBURSEMENT FOR SERVICES RENDERED IS CRITICAL TO THE OPERATION AND STABILITY OF THE HOSPITAL, IT IS RECOGNIZED THAT NOT ALL INDIVIDUALS POSSESS THE ABILITY TO PURCHASE ESSENTIAL MEDICAL SERVICES. OUR MISSION IS TO SERVE THE COMMUNITY BY PROVIDING HEALTH CARE SERVICES AND HEALTH CARE EDUCATION. THEREFORE, IN KEEPING WITH THIS COMMITMENT TO SERVICE ALL MEMBERS OF THE COMMUNITY, CAMDEN-CLARK MEMORIAL HOSPITAL WILL PROVIDE THE FOLLOWING WHERE THE INDIVIDUALS NEED AND/OR AN INABILITY TO PAY COEXIST FREE CARE AND/OR SUBSIDIZED CARE, AND CARE PROVIDED TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS AT OR BELOW COST.
CAMDEN-CLARK MEMORIAL HOSPITAL IS A LEADER IN CANCER CARE FOR THE MID-OHIO VALLEY, PROVIDING CANCER CARE TO PATIENTS IN A 45 MILE RADIUS FROM THE HOSPITAL. IN ADDITION TO A WIDE RANGE OF TREATMENT OPTIONS PROVIDED, THE HOSPITAL OFFERS A NUMBER OF RELATED SERVICES TO ITS PATIENTS. THROUGH THE HOSPITALS COLLABORATION WITH THE AMERICAN CANCER SOCIETY, THE DEVELOPMENT OF THE ORGANIZATIONS CANCER RESOURCE CENTER, A HAIR RESTORATION SALON, A PATIENT NAVIGATOR AND AN ONCOLOGY SOCIAL, THE HOSPITAL HAS ENHANCED THE EDUCATION, NAVIGATION AND SOCIAL SUPPORT OF ITS CANCER PATIENTS AND FAMILIES. THE HOSPITALS COMMUNITY AND SOCIAL SERVICES PROVIDE A HOLISTIC HEALING ENVIRONMENT WHICH INCLUDES SUPPORT GROUPS FOR PATIENTS/FAMILIES.
CAMDEN CLARK MEMORIAL HOSPITAL OFFERS EMERGENCY ROOM SERVICES AS PART OF THE HOSPITALS MISSION OF MEETING THE HEALTHCARE NEEDS OF THE COMMUNITY FOR A LIFETIME. DUE TO THE COMMUNITY THAT IT SERVES, THE MAJORITY OF PATIENTS VISITING THE ER ARE EITHER UNDERINSURED OR UNINSURED. FOR THE REPORTING PERIOD, THERE WERE APPROXIMATELY 37,182 ER VISITS, OF THIS TOTAL, 8,698 WERE ULTIMATELY ADMITTED TO THE HOSPITAL. A SIGNIFICANT PORTION OF THE HOSPITALS INPATIENT VOLUME COMES DIRECTLY FROM THE ER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doug Coffman Director April 2022-Present | Trustee | 1 | $0 |
Steve Altmiller President CEO | Officer | 40 | $801,758 |
Walter Kerschl Chief Medical Officer | Officer | 39 | $469,400 |
Sean Smith Ccmc VP Operations/wch President | Officer | 20 | $175,575 |
Kyle Pierson VP Finance - West Region | Officer | 39 | $307,174 |
Christine Daniels Vp, Nursing | Officer | 39 | $315,336 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Medical Solutions Llc Staffing Service | 12/30/22 | $20,706,849 |
United Anesthesia Inc Anesthesia Services | 12/30/22 | $6,146,007 |
Quest Diagnostics Staffing Services | 12/30/22 | $1,245,802 |
Dva Renal Healthcare Inc Staffing Services | 12/30/22 | $894,096 |
Parkersburg Cardiology Assoc Inc Staffing Services | 12/30/22 | $833,553 |
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 | $9,416 |
| Noncash contributions included in lines 1a–1f | $8,616 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,416 |
| Total Program Service Revenue | $407,838,887 |
| Investment income | $1,824,251 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,214,923 |
| Net Gain/Loss on Asset Sales | $37,394 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $413,288,496 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $216,377 |
| 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. | $3,172,549 |
| Compensation of current officers, directors, key employees. | $1,960,521 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $90,693,239 |
| Pension plan accruals and contributions | $3,482,354 |
| Other employee benefits | $20,190,124 |
| Payroll taxes | $8,408,397 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $434,776 |
| Fees for services: Accounting | $29,802 |
| Fees for services: Lobbying | $38,669 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $38,893,959 |
| Advertising and promotion | $901,763 |
| Office expenses | $11,613,357 |
| Information technology | $13,640 |
| Royalties | $0 |
| Occupancy | $4,545,244 |
| Travel | $1,004,172 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $86,105 |
| Interest | $9,822,780 |
| Payments to affiliates | $78,842,116 |
| Depreciation, depletion, and amortization | $16,547,327 |
| Insurance | $2,366,242 |
| All other expenses | $246,214 |
| Total functional expenses | $399,640,057 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,009,696 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $81,959,273 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $106,600 |
| Inventories for sale or use | $8,630,402 |
| Prepaid expenses and deferred charges | $3,789,987 |
| Net Land, buildings, and equipment | $122,754,764 |
| Investments—publicly traded securities | $30,943,308 |
| Investments—other securities | $5,165,612 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,710,866 |
| Total assets | $262,070,508 |
| Accounts payable and accrued expenses | $61,590,964 |
| Grants payable | $0 |
| Deferred revenue | $1,713,936 |
| Tax-exempt bond liabilities | $61,351,926 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $142,940,729 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $23,002,180 |
| Total liabilities | $290,599,735 |
| Net assets without donor restrictions | -$28,529,227 |
| 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 | $262,070,508 |
Grants Awarded
Over the last fiscal year, Camden-Clark Memorial Hospital Corporation has awarded $164,488 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDREN'S MUSEUM OF THE MOV INC DBA DISCOVERY WORLD ON MARKET PURPOSE: Support | $54,000 |
GALLEY ENTERPRISES INC PURPOSE: Support | $15,000 |
WOOD COUNTY JUNIOR LIVESTOCK COMMITTEE INC PURPOSE: Support | $14,610 |
WEST VIRGINIA UNIVERSITY FOUNDATION INC PURPOSE: Support | $26,514 |
DOWNTOWN PKB INC PURPOSE: Support | $8,450 |
UNITED WAY ALLIANCE OF THE MID-OHIO VALLEY INC PURPOSE: Support | $7,500 |