Stonewall Jackson Memorial Hospital Company
- Assets
- $71.9m
- Revenue
- $24.6m
- Investments
- $78.6k
- Employees
- 443
- Location
- Weston, WV
- Founding
- 02/1959
- Data as of
- 12/2022
- EIN
- 55-0422958
Organization Overview
Stonewall Jackson Memorial Hospital Company is located in Weston, WV. The organization was established in 1959. 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 12/2022, Stonewall Jackson Memorial Hospital Company employed 443 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stonewall Jackson Memorial Hospital Company 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, Stonewall Jackson Memorial Hospital Company generated $24.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.6%) each year. All expenses for the organization totaled $25.8m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.9%) per year over the past 7 years. 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
ENHANCE THE HEALTH OF THE COMMUNITIES WE SERVE, ONE PERSON AT A TIME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STONEWALL JACKSON MEMORIAL HOSPITAL PROVIDES ACUTE MEDICAL AND OUTPATIENT SERVICES TO RESIDENTS OF WESTON, WEST VIRGINIA AND SURROUNDING COMMUNITIES WHICH COVERS 10 DIFFERENT COUNTIES. SERVICES INCLUDED 5,515 DAYS OF INPATIENT CARE, 76,177 OUTPATIENT VISITS, 12,135 EMERGENCY ROOM VISITS, 2,033 AMBULATORY SURGERY VISITS, AND 30,494 PHYSICIAN CLINIC VISITS. THE HOSPITAL HAD 155 DELIVERIES DURING THE YEAR IN WHICH APPROXIMATELY 69% WERE MEDICAID PATIENTS. MANY OF THESE BABIES HAD SIGNIFICANT SUBSTANCE ABUSE PROBLEMS. DUE TO THE DRUG ADDICTION PROBLEMS OF THE MOTHERS, VERY FEW OF THESE WOMEN HAVE RECEIVED PRENATAL CARE.
ANNUAL BLOOD SCREENING: STONEWALL JACKSON MEMORIAL HOSPITAL PROVIDES ALL SUPPLIES AND STAFF TO OPERATE THE PROGRAM. A PORTION OF THE EXCESS REVENUE IS FORWARDED TO THE LOCAL ROTARY CLUB TO PROMOTE CHARITABLE SERVICES. OTHER PROGRAMS INCLUDE: SCOLIOSIS SCREENING AT COUNTY ELEMENTARY AND MIDDLE SCHOOLS, HEALTH FAIRS AT THE LOCAL SENIOR CITIZENS CENTER, FREE SPORTS PHYSICALS TO MIDDLE AND HIGH SCHOOL STUDENTS, CHILDREN'S SAFETY DAY TO PROMOTE HEALTHY CHOICES TO CHILDREN UNDER 12 YEARS OF AGE, EVENTS FOR FREE OSTEOPOROSIS SCREENINGS, EVENTS FOR FREE DERMASCANS TO SCREEN FOR SKIN CANCER, WESTON WALK-RUN TO PROMOTE EXERCISE AS A WAY TO IMPROVE CARDIAC HEALTH, FREE WOMEN'S HEALTH SCREENING FOR BREAST AND CERVICAL CANCER, FREE VEIN SCREENINGS AND FREE HEARING SCREENINGS. REVENUE AND EXPENSES ARE INCLUDED IN LINE 4A ABOVE.
WILLIAM ADLER SCHOLARSHIP FUND - STONEWALL JACKSON MEMORIAL HOSPITAL SPONSORED PROGRAM TO PROVIDE SCHOLARSHIPS TO LOCAL GRADUATING HIGH SCHOOL SENIORS WHO ARE PURSUING A CAREER IN THE HEALTH CARE FIELD. IT IS HOPED THAT THIS PROGRAM WILL ENCOURAGE MORE STUDENTS TO SEEK HEALTH CARE PROFESSIONS AND LESSON THE HEALTH CARE STAFFING SHORTAGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Goldberg Director & Mhs CEO | OfficerTrustee | 1 | $0 |
Kevin Stalnaker Cao | OfficerTrustee | 50 | $0 |
Gregory Cunningham Vice Chair | OfficerTrustee | 1 | $0 |
Kimberly Gum Secretary, Treasurer | OfficerTrustee | 1 | $0 |
Robin Poling Chair | OfficerTrustee | 1 | $0 |
Alissa Lambert Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Qualivis Contract Nurses | 12/30/22 | $1,247,121 |
Uniformed Physicians Llc Contract Physician | 12/30/22 | $853,163 |
Northstar Anesthesia Contract Physicians | 12/30/22 | $652,094 |
Republic Business Credit Llc Contract Physicians | 12/30/22 | $451,970 |
Wesley G Saher Do Contract Physicians | 12/30/22 | $407,312 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $14,787 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $30,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,787 |
| Total Program Service Revenue | $24,231,319 |
| Investment income | $448,757 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $7,564 |
| Net Gain/Loss on Asset Sales | -$333,512 |
| Net Income from Fundraising Events | $14,787 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $24,621,549 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $14,787 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,274,312 |
| Pension plan accruals and contributions | $273,989 |
| Other employee benefits | $945,610 |
| Payroll taxes | $616,692 |
| Fees for services: Management | $2,158,689 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,570,343 |
| Advertising and promotion | $0 |
| Office expenses | $767,932 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $461,471 |
| Travel | $26,949 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,062 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,041,536 |
| Insurance | $0 |
| All other expenses | $489,118 |
| Total functional expenses | $25,797,450 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,891,817 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,638,561 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,130,062 |
| Prepaid expenses and deferred charges | $7,825 |
| Net Land, buildings, and equipment | $22,511,183 |
| Investments—publicly traded securities | $32,942,179 |
| Investments—other securities | $78,643 |
| Investments—program-related | $0 |
| Intangible assets | $118,057 |
| Other assets | $5,620,725 |
| Total assets | $71,939,052 |
| Accounts payable and accrued expenses | $2,206,102 |
| 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 | $1,332,859 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,030,965 |
| Total liabilities | $8,569,926 |
| Net assets without donor restrictions | $62,938,508 |
| Net assets with donor restrictions | $430,618 |
| 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 | $71,939,052 |