Charleston Area Medical Center Inc, operating under the name Camc, is located in Charleston, WV. The organization was established in 1972. 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, Camc employed 9,758 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Camc 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, Camc generated $1.4b in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $1.4b during the year ending 12/2021. While expenses have increased by 5.1% 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.
Since 2014, Camc has awarded 64 individual grants totaling $6,051,176. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
STRIVING TO PROVIDE THE BEST HEALTHCARE TO EVERY PATIENT, EVERY DAY. CAMC OWNS AND OPERATES FOUR SEPARATELY-LICENSED HOSPITALS AS A TERTIARY-CARE TEACHING HOSPITAL DESIGNED TO PROVIDE CARE FOR COMMUNITY RESIDENTS THROUGH EVERY STAGE OF LIFE. CAMC PATIENTS DEPEND ON CAMC TO PROVIDE CONVENIENT AND COMPASSIONATE CARE DELIVERED REGARDLESS OF A PATIENT'S ABILITY TO PAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAMC IS ONE OF WEST VIRGINIA'S LARGEST MEDICAL CENTERS WITH OVER 9,700 EMPLOYEES AND 770 MEDICAL STAFF. CAMC IS LICENSED FOR 956 BEDS AT FOUR CAMPUSES AND OUR HEALTH CARE SERVICES DELIVERY FOCUSES ON PROVIDING A FULL RANGE OF INPATIENT AND OUTPATIENT SERVICES AS A TERTIARY REGIONAL REFERRAL CENTER, TEACHING AND SAFETY NET HOSPITAL. AS A REGIONAL REFERRAL CENTER, CAMC HAS ONE OF ONLY TWO STATE LEVEL 1 TRAUMA CENTERS, A LEVEL III NEONATAL ICU, A PEDIATRIC ICU, A DNV-CERTIFIED PRIMARY STROKE CENTER, AND A BARIATRIC CENTER OF EXCELLENCE. CAMC IS THE PRIMARY MEDICAL SAFETY NET PROVIDER OF WOMEN AND CHILDREN'S AND TRAUMA SERVICES IN CENTRAL AND SOUTHERN WEST VIRGINIA AND PROVIDES APPROXIMATELY 20% OF THE CHARITY CARE IN THE STATE. THERE WERE INPATIENT DAYS OF 189,152 OUTPATIENT VISITS OF 315,094, CLINIC VISITS OF 413,917, EMERGENCY DEPARTMENT VISITS OF 115,381 AND DELIVERIES OF 2,763 IN 2022. CAMC GIVES BACK TO THE COMMUNITY BECAUSE WE UNDERSTAND THE IMPACT THAT HIGH QUALITY MEDICAL CARE, CHARITY CARE, EDUCATION, CORPORATE CONTRIBUTIONS AND COMMUNITY PARTNERSHIPS HAVE ON THE LIVES OF REAL PEOPLE.
CAMC HAS ESTABLISHED MEDICAL AND ALLIED HEALTH EDUCATION EXCELLENCE AS A CORE COMPETENCY. PROVISION AND SUPPORT FOR EDUCATION INCLUDE TRAINING FOR INTERNS AND RESIDENTS, NURSES, ANESTHETISTS AND OTHER PERSONNEL. 183 WVU/WVSOM MEDICAL STUDENTS TRAINED AT CAMC HOSPITALS AND 198 MEDICAL RESIDENTS WERE EMPLOYED BY CAMC. CAMC PROVIDED FACULTY SUPPORT TO THE UNIVERSITY OF CHARLESTON HELPING EDUCATE PHARMACY STUDENTS, NURSING STUDENTS AND PHYSICIAN ASSISTANTS. CAMC ASSISTED 5 EMPLOYEES THROUGH STUDENT LOAN FORGIVENESS, AND PROVIDED EDUCATIONAL ASSISTANCE TO 367 INDIVIDUALS WHO INTEND TO PURSUE A CAREER IN HEALTHCARE.
CAMC DOES MUCH MORE THAN JUST PROVIDE HEALTH CARE, BEING INVOLVED IN NEARLY EVERY ASPECT OF THE HEALTH AND WELL BEING OF THE COMMUNITY. CAMC OFFERED 40 OUTREACH PROGRAMS WHICH SERVED AN ESTIMATED 40,000 PEOPLE. CAMC PROVIDED ACUTE INPATIENT AND OUTPATIENT HOSPITAL SERVICES INCLUDING UNREIMBURSED CHARITY CARE AT COST OF $12,308,800. CREATIVE, STATE-OF-THE-ART PROGRAMS AND SERVICES ARE PROVIDED TO OUR COMMUNITY TO SERVE OUR COMMUNITY - PARTICULARLY THE NEEDS OF THE LOW INCOME, ELDERLY AND OTHER VULNERABLE PERSONS. COMMUNITY BENEFITS ARE PROGRAMS OR ACTIVITIES THAT PROVIDE TREATMENT OR PROMOTE HEALTH AND HEALING AS A RESPONSE TO IDENTIFIED COMMUNITY NEEDS AND MEET AT LEAST ONE OF THE FOLLOWING COMMUNITY BENEFIT CRITERIA: 1) IMPROVES ACCESS TO HEALTH CARE SERVICES; 2) ENHANCES HEALTH OF THE COMMUNITY; 3) ADVANCES MEDICAL OR HEALTH CARE KNOWLEDGE; 4) RELIEVES OR REDUCES THE BURDEN OF GOVERNMENT OR OTHER COMMUNITY EFFORTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Charles L Capito Jr Trustee | Trustee | 2.5 | $0 |
David L Ramsey President CEO & Trustee | OfficerTrustee | 50 | $1,488,436 |
Edwin H Welch Ph D Trustee | Trustee | 2.5 | $0 |
Eric A Hicks Trustee | Trustee | 2.5 | $0 |
Fonda Elliot Trustee | Trustee | 2.5 | $0 |
John Linton PHD Trustee | Trustee | 2.5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Wvu Physicians Of Charleston Gme/physician Services | 12/30/22 | $52,853,545 |
Charleston Area Radiation Therapy Center Radiation Services | 12/30/22 | $16,156,876 |
Qualivis Llc Nursing Services | 12/30/22 | $35,499,354 |
Comphealth Medical Services | 12/30/22 | $4,887,436 |
Cerner Corporation It Services | 12/30/22 | $16,112,310 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $19,020,240 |
Investment income | $9,489,300 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $4,401,659 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,432,423,801 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $2,331,722 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $14,180,590 |
Compensation to disqualified persons | $2,050,829 |
Other salaries and wages | $505,605,525 |
Pension plan accruals and contributions | $14,275,911 |
Other employee benefits | $104,290,498 |
Payroll taxes | $34,690,687 |
Fees for services: Management | $21,126,857 |
Fees for services: Legal | $3,526,100 |
Fees for services: Accounting | $607,613 |
Fees for services: Lobbying | $243,456 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $1,568,946 |
Fees for services: Other | $116,047,089 |
Advertising and promotion | $2,524,810 |
Office expenses | $10,877,543 |
Information technology | $22,510,954 |
Royalties | $0 |
Occupancy | $18,690,945 |
Travel | $1,428,670 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $30,064 |
Interest | $13,173,007 |
Payments to affiliates | $6,907,568 |
Depreciation, depletion, and amortization | $44,474,253 |
Insurance | $15,160,668 |
All other expenses | $0 |
Total functional expenses | $1,382,070,031 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $37,639 |
Savings and temporary cash investments | $332,550,154 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $258,297,741 |
Loans from Officers, Directors, or Controlling Persons | $2,884,250 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $22,802,319 |
Prepaid expenses and deferred charges | $9,426,626 |
Investments—publicly traded securities | $0 |
Investments—other securities | $9,913,314 |
Investments—program-related | $107,124,817 |
Intangible assets | $10,852,187 |
Other assets | $127,167,296 |
Total assets | $1,271,029,381 |
Accounts payable and accrued expenses | $179,103,257 |
Grants payable | $0 |
Deferred revenue | $6,443,368 |
Tax-exempt bond liabilities | $271,020,240 |
Escrow or custodial account liability | $1,882 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $85,208,804 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $141,569,824 |
Total liabilities | $683,347,375 |
Net assets without donor restrictions | $509,139,755 |
Net assets with donor restrictions | $78,542,251 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $587,682,006 |
Over the last fiscal year, Charleston Area Medical Center Inc has awarded $288,622 in support to 7 organizations.
Grant Recipient | Amount |
---|---|
RONALD MCDONALD HOUSE OF CHARITIES OF SOUTHERN WEST VIRGINIA INC PURPOSE: GENERAL PROGRAM SUPPORT | $26,726 |
WV HEALTH RIGHT INC PURPOSE: GENERAL PROGRAM SUPPORT | $214,396 |
THE BALDRIGE FOUNDATION PURPOSE: GENERAL PROGRAM SUPPORT | $12,500 |
UNITED WAY OF CENTRAL WV PURPOSE: GENERAL PROGRAM SUPPORT | $10,000 |
WEST VIRGINIA MEDICAL FOUNDATION PURPOSE: GENERAL PROGRAM SUPPORT | $12,500 |
HOSPICE CARE PURPOSE: GENERAL PROGRAM SUPPORT | $7,000 |