West Virginia Hospital Association
- Assets
- $17.5m
- Revenue
- $4.9m
- Investments
- $6.9m
- Employees
- 22
- Location
- Charleston, WV
- Founding
- 04/1955
- Data as of
- 12/2022
- EIN
- 55-0377012
Organization Overview
West Virginia Hospital Association is located in Charleston, WV. The organization was established in 1955. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2022, West Virginia Hospital Association employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West Virginia Hospital Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, West Virginia Hospital Association generated $4.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $3.7m during the year ending 12/2022. While expenses have increased by 1.6% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE ASSOCIATION IS TO SUPPORT ITS MEMBERS IN ACHIEVING A STRONG, HEALTHY WEST VIRGINIA: TO PROVIDE LEADERSHIP IN HEALTHCARE ADVOCACY, EDUCATION, INFORMATION AND TECHNICAL ASSISTANCE. TO BE A CATALYST FOR EFFECTIVE CHANGE THROUGH COLLABORATION, CONSENSUS-BUILDING AND A FOCUS ON DESIRED OUTCOMES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WVHA PROVIDES ITS SERVICES TO MEMBERS WHO IN RETURN PAY YEARLY DUES. THE ORGANIZATION PROVIDED MEMBERS WITH LEADERSHIP IN HEALTH CARE ADVOCACY, EDUCATION, AS WELL AS INFORMATION AND TECHNICAL ASSISTANCE. THE ORGANIZATION ALSO SERVED AS A CATALYST FOR EFFECTIVE CHANGE THROUGH COLLABORATION, CONSENSUS BUILDING AND A FOCUS ON DESIRED OUTCOMES. MEMBERS OF THE WVHA BELIEVE IT IS ESSENTIAL, IN THE INTEREST OF THE CITIZENS, OF WEST VIRGINIA, TO HAVE A STRONG, HEALTHCARE SYSTEM THAT SUPPORTS AND IMPROVES THE HEALTH STATUS OF THE PEOPLE SERVED BY MEMBER HOSPITALS AND THE ECONOMIC CONDITION OF THE STATE. THE WVHA SEEKS TO ESTABLISH AND MAINTAIN TRUST AMONG MEMBER PROVIDERS, POLICYMAKERS, AND THE PUBLIC THROUGH ACTIONS, SENSITIVITY, PROFESSIONALISM, AND COMMUNITY-MINDED COMMITMENT TO SERVICE.
THE WVHA OFFERS A PROGRAM TO MEMBERS IN ORDER TO TRACK THE DATA THAT IS ASSOCIATED WITH MAINTAINING ACCREDITATION THROUGH THE JOINT COMMISSION ON ACCREDITATION OF HEALTHCARE ORGANIZATIONS (JCAHO) QUALITY STANDARDS.
THE WVHA OFFERS AN ADDITIONAL CRITICAL ACCESS HOSPITAL (CAH) ASSESSMENT TO SMALLER, RURAL MEMBER HOSPITALS. CRITICAL ACCESS HOSPITALS ARE CERTIFIED TO RECEIVE COST-BASED REIMBURSEMENT FROM MEDICARE WHICH IS INTENDED TO IMPROVE THE HOSPITALS' FINANCIAL PERFORMANCE AND REDUCE HOSPITAL CLOSURES. A WVHA DIRECTOR SPECIFICALLY IN CHARGE OF THE CAH ASSESSMENT IS DEDICATED TO MAINTAINING THESE HOSPITALS' SPECIFIC NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Weber Chair | OfficerTrustee | 5 | $0 |
Ivar Gjolberg Vice Chair/treasurer | OfficerTrustee | 5 | $0 |
Albert Wright Immediate Past Chair | OfficerTrustee | 5 | $0 |
David Ramsey Trustee | Trustee | 5 | $0 |
David Goldberg Trustee | Trustee | 5 | $0 |
Kevin Yingling Rph MD Facp Trustee | Trustee | 5 | $0 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,860,491 |
| Investment income | $87,286 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$19,625 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,945,427 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,640 |
| 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. | $1,751,024 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $580,822 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $453,072 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $23,440 |
| Fees for services: Accounting | $63,000 |
| Fees for services: Lobbying | $31,499 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,500 |
| Advertising and promotion | $123,989 |
| Office expenses | $203,673 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $75,751 |
| Travel | $49,724 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $27,086 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,944 |
| Insurance | $30,291 |
| All other expenses | $32,035 |
| Total functional expenses | $3,673,704 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200 |
| Savings and temporary cash investments | $959,945 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $158,008 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $65,336 |
| Net Land, buildings, and equipment | $56,655 |
| Investments—publicly traded securities | $6,276,995 |
| Investments—other securities | $6,935,816 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,019,553 |
| Total assets | $17,472,508 |
| Accounts payable and accrued expenses | $492,370 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,509,331 |
| Total liabilities | $2,001,701 |
| Net assets without donor restrictions | $15,317,346 |
| Net assets with donor restrictions | $153,461 |
| 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 | $17,472,508 |