Montgomery General Hospital Inc
- Assets
- $13.4m
- Revenue
- $32.3m
- Investments
- $0.0
- Employees
- 350
- Location
- Montgomery, WV
- Founding
- 10/1953
- Data as of
- 12/2021
- EIN
- 55-0372580
Organization Overview
Montgomery General Hospital Inc is located in Montgomery, WV. The organization was established in 1953. 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 12/2021, Montgomery General Hospital Inc employed 350 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montgomery General Hospital 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, Montgomery General Hospital Inc generated $32.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $28.7m during the year ending 12/2021. While expenses have increased by 2.6% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE QUALITY, COST-EFFECTIVE, AND CONVENIENT HEALTHCARE SERVICES THAT MEET AND EXCEED REASONABLE INTERNAL AND EXTERNAL CUSTOMER EXPECTATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HOSPITAL PROVIDED HEALTH CARE SERVICES INCLUDING 2,724 ACUTE INPATIENT DAYS; 10,382 SKILLED NURSING DAYS; 18,012 OUTPATIENT VISITS; 6,910 EMERGENCY ROOM VISITS; 727 AMBULATORY SURGERY PROCEDURES; AND 16,714 PHYSICIAN OFFICE VISITS. CHARGES FOREGONE FOR CHARITY CARE AMOUNTED TO $117,492.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Casto MD Physician | 40 | $394,514 | |
Dilip Ghodasara MD Physician | 40 | $325,700 | |
Robert Eggleston MD Physician | 40 | $301,874 | |
Mohamad Sankari MD Physician | 40 | $255,346 | |
Myra Priddy MD Physician | 40 | $245,547 | |
Vickie Gay President & CEO | OfficerTrustee | 39.5 | $145,809 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Advantage Rehab Therapy Services | 12/30/21 | $1,259,862 |
Kanawha Valley Radiologists Radiologist Services | 12/30/21 | $468,099 |
Sharp Anesthesia Anesthesia Services | 12/30/21 | $189,073 |
Medical Information Technology Inc Emr Services | 12/30/21 | $599,301 |
Arnett Carbis Toothman Pharmacy Vendor | 12/30/21 | $172,987 |
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 | $2,793,360 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,793,360 |
| Total Program Service Revenue | $28,253,237 |
| Investment income | $17,140 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $14,800 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $32,309,141 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $292,387 |
| Compensation of current officers, directors, key employees. | $82,497 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,265,678 |
| Pension plan accruals and contributions | $223,758 |
| Other employee benefits | $1,093,778 |
| Payroll taxes | $779,134 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $158,258 |
| Fees for services: Accounting | $149,132 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,333,925 |
| Advertising and promotion | $36,120 |
| Office expenses | $466,621 |
| Information technology | $804,831 |
| Royalties | $0 |
| Occupancy | $1,171,719 |
| Travel | $31,980 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $20,887 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $555,906 |
| Insurance | $606,054 |
| All other expenses | $435,901 |
| Total functional expenses | $28,741,846 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,806,583 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,955,865 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $646,415 |
| Prepaid expenses and deferred charges | $27,536 |
| Net Land, buildings, and equipment | $2,690,535 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $280,117 |
| Total assets | $13,407,051 |
| Accounts payable and accrued expenses | $2,997,552 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $269,960 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,472,950 |
| Total liabilities | $8,740,462 |
| Net assets without donor restrictions | $4,666,589 |
| 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 | $13,407,051 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Montgomery General Hospital Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Fred Frederick Family Foundation Inc Laurel, MD PURPOSE: UNRESTRICTED | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maryview Hospital Llc Suffolk, VA | $0 | $126,392,609 |
Lehigh Valley Hospital - Schuykill Allentown, PA | $123,931,422 | $141,448,853 |
Wood County Hospital Assn Bowling Green, OH | $236,887,243 | $125,669,234 |
Davis Memorial Hospital Elkins, WV | $99,450,993 | $120,748,268 |
St Lukes Quakertown Hospital Allentown, PA | $224,667,230 | $112,978,373 |
U Of M Rehab & Orthopaedic Institute Baltimore, MD | $214,130,610 | $125,454,652 |
Shelby County Memorial Hospital Association Inc Sidney, OH | $171,819,264 | $129,965,258 |
Upmc Pittsburgh, PA | $122,342,039 | $105,892,952 |
Bon Secours-Richmond Community Hospital Richmond, VA | $200,107,508 | $168,768,277 |
Northeastern Pennsylvania Health Corporation Allentown, PA | $304,803,492 | $145,234,138 |
Reynolds Memorial Hospital Inc Glen Dale, WV | $68,940,537 | $122,482,209 |
Uva Culpeper Medical Center Culpeper, VA | $139,556,597 | $116,029,117 |