West Virginia University Hospitals Inc is located in Morgantown, WV. The organization was established in 1984. 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, West Virginia University Hospitals Inc employed 10,044 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West Virginia University Hospitals 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 12/2023, West Virginia University Hospitals Inc generated $2.1b in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $2.1b during the year ending 12/2023. While expenses have increased by 12.9% 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, West Virginia University Hospitals Inc has awarded 132 individual grants totaling $13,251,895. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WVU HOSPITALS EXISTS TO PROVIDE A QUALITY HEALTHCARE SYSTEM, INCLUDING TERTIARY SERVICES, TO THE CITIZENS OF WV AND THE SURROUNDING REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INTERNAL MEDICINE - THE INTERNAL MEDICINE DEPARTMENT OF WVU HOSPITALS PROVIDES COMPREHENSIVE PRIMARY CARE TO ADULTS. COORDINATED CARE IS PROVIDED FOR PATIENTS IN BOTH AN OUTPATIENT AND INPATIENT SETTING. MEMBERS OF THE INTERNAL MEDICINE DEPARTMENT PROVIDE A VARIETY OF PATIENT CARE SERVICES INCLUDING CHECKUPS FOR HEALTH PROMOTION AND DISEASE PREVENTION, PRE-EMPLOYMENT PHYSICALS FOR ALL NEW EMPLOYEES, PRE-OPERATIVE ASSESSMENTS, ROUTINE CARE OF COMMON MEDICAL ILLNESSES, AND ONGOING MEDICAL MANAGEMENT AND COORDINATION OF CARE FOR COMPLEX DISEASE STATES.
HEMATOLOGY/ONCOLOGY - THE HEMATOLOGY AND ONCOLOGY DEPARTMENTS OF WVU HOSPITALS DIAGNOSE AND TREAT ALL ADULT MALIGNANT DISORDERS AND DISEASES OF THE BLOOD, INCLUDING ANEMIA, LEUKEMIA, LYMPHOMA, AND BLEEDING PROBLEMS. OUR DOCTORS, NURSES, AND STAFF OFFER STATE-OF-THE-ART CARE IN A PERSONALIZED AND COMPASSIONATE ENVIRONMENT. OUR SERVICES INCLUDE EVALUATING AND DIAGNOSING CANCER AND BLOOD DISORDERS, CANCER CHEMOTHERAPY, TARGETED THERAPIES, AND IMMUNOTHERAPY.
CARDIOLOGY - OUR CARDIOLOGISTS OFFER COMPREHENSIVE EVALUATION AND MANAGEMENT OF DISEASES OF THE HEART AND CIRCULATORY SYSTEM AND WORK WITH PRIMARY CARE PHYSICIANS TO ENSURE COORDINATED, CONTINUOUS CARE. OUR FACULTY HAVE EXPERTISE IN EVERY ASPECT OF CARDIAC CARE, RANGING FROM STANDARD PROCEDURES SUCH AS OUTPATIENT CONSULTATION, ECHOCARDIOGRAPHY, AND ANGIOGRAPHY TO ADVANCED CLINICAL RESEARCH INTO HEART FAILURE, PREVENTIVE CARDIOLOGY, AND RADIO-FREQUENCY ABLATION. SPECIAL SERVICES INCLUDE PHYSICAL FITNESS EVALUATION, NON-INVASIVE AND INVASIVE STUDIES, INTERVENTIONAL PROCEDURES, AND RADIOISOTOPE EXAMINATIONS OF THE HEART.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Grace President | Officer | 60 | $995,690 |
Michael Edmond MD Wvuhs/wvuh/uha Cmo | Officer | $0 | |
Melissa Mccoy VP Finance/cfo | Officer | $0 | |
Amy Bush Chief Operating Officer - Childrens | Officer | 40 | $532,007 |
Frank Briggs Vp, Wvu Heart Vascular Institute | Officer | 40 | $430,541 |
Douglas Mitchell VP Chief Nursing Officer | Officer | 40 | $400,758 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Quest Diagnostics Nichols Institute Inc Laboratory Services | 12/30/23 | $4,079,283 |
Comprehensive Care Services Perfusion Services | 12/30/23 | $4,483,945 |
3phase Excel Elevator & Escalator Llc Elevator Services | 12/30/23 | $1,062,399 |
Upmc Presbyterian Shadyside Laboratory Services | 12/30/23 | $1,047,874 |
Mayo Collaborative Services Inc Laboratory Services | 12/30/23 | $1,388,464 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $436,761 |
All other contributions, gifts, grants, and similar amounts not included above | $1,462,270 |
Noncash contributions included in lines 1a–1f | $1,001,850 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,899,031 |
Total Program Service Revenue | $1,815,130,718 |
Investment income | $17,590,399 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $2,438,999 |
Net Gain/Loss on Asset Sales | $4,180,526 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $577,773 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,105,869,583 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,655,180 |
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. | $6,112,229 |
Compensation of current officers, directors, key employees. | $2,731,990 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $498,592,303 |
Pension plan accruals and contributions | $16,488,469 |
Other employee benefits | $115,188,102 |
Payroll taxes | $38,627,453 |
Fees for services: Management | $3,026,896 |
Fees for services: Legal | $441,480 |
Fees for services: Accounting | $18,577 |
Fees for services: Lobbying | $112,184 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $3,958,768 |
Fees for services: Other | $126,124,529 |
Advertising and promotion | $2,747,236 |
Office expenses | $50,539,654 |
Information technology | $366,315 |
Royalties | $0 |
Occupancy | $18,991,828 |
Travel | $3,599,949 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $33,746,869 |
Payments to affiliates | $396,784,239 |
Depreciation, depletion, and amortization | $88,986,446 |
Insurance | $14,794,669 |
All other expenses | $11,746,123 |
Total functional expenses | $2,050,412,817 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,816,737 |
Savings and temporary cash investments | $56,840,880 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $384,551,961 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $41,440,743 |
Prepaid expenses and deferred charges | $17,096,529 |
Net Land, buildings, and equipment | $891,172,704 |
Investments—publicly traded securities | $653,847,742 |
Investments—other securities | $231,918,466 |
Investments—program-related | $1,733,721 |
Intangible assets | $0 |
Other assets | $36,709,156 |
Total assets | $2,322,128,639 |
Accounts payable and accrued expenses | $179,494,435 |
Grants payable | $0 |
Deferred revenue | $2,331,210 |
Tax-exempt bond liabilities | $977,868,151 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $110,480,854 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $37,287,169 |
Total liabilities | $1,307,461,819 |
Net assets without donor restrictions | $1,001,982,090 |
Net assets with donor restrictions | $12,684,730 |
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 | $2,322,128,639 |
Over the last fiscal year, West Virginia University Hospitals Inc has awarded $1,624,157 in support to 25 organizations.
Grant Recipient | Amount |
---|---|
WVU FOUNDATION PURPOSE: Support | $1,210,626 |
FRIENDS OF UNIVERSITY HOSPITAL PURPOSE: Support | $94,031 |
UNITED WAY OF MONONGALIA & PRESTON COUNTIES PURPOSE: Support | $61,000 |
MAKE-A-WISH FOUNDATION OF GREATER PA AND WV INC PURPOSE: Sponsorship | $30,000 |
WEST VIRGINIA GOLF ASSOCIATION LIMITED PURPOSE: Sponsorship | $25,000 |
PANCREATIC CANCER ACTION NETWORK INC PURPOSE: Sponsorship | $20,000 |