Rainelle Medical Center Inc
- Assets
- $15.0m
- Revenue
- $24.5m
- Investments
- $0.0
- Employees
- 245
- Location
- Rainelle, WV
- Founding
- 07/1989
- Data as of
- 06/2022
- EIN
- 55-0686113
Organization Overview
Rainelle Medical Center Inc is located in Rainelle, WV. The organization was established in 1989. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. As of 06/2022, Rainelle Medical Center Inc employed 245 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rainelle Medical Center 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 06/2022, Rainelle Medical Center Inc generated $24.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $25.0m during the year ending 06/2022. While expenses have increased by 15.2% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE MEDICAL SERVICES TO THE RESIDENTS OF RAINELLE, WV, MEADOW BRIDGE, WV, AND THE SURROUNDING AREAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE MEDICAL SERVICES TO RURAL WEST VIRGINIA. THE CENTER PROVIDED OVER 43,156 PATIENT ENCOUNTERS AS WELL AS A SIGNIFICANT AMOUNT OF FREE OR REDUCED CARE, FREE DRUGS, AND FREE SUPPLIES TO ITS PATIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Kessler DO Physician | 40 | $275,166 | |
Kristi Atha-Rader Chief Executive Officer | Officer | 40 | $273,078 |
Timothy Workman Do | 40 | $272,587 | |
Robert Olexo Physician | 40 | $264,033 | |
Rhonda Hamm Do | 40 | $253,070 | |
Pam Butcher DO Physician | 40 | $247,241 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,330,436 |
| All other contributions, gifts, grants, and similar amounts not included above | $364,316 |
| Noncash contributions included in lines 1a–1f | $309,919 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,694,752 |
| Total Program Service Revenue | $19,839,826 |
| Investment income | $7,119 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $24,541,697 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $12,884,430 |
| Pension plan accruals and contributions | $112,591 |
| Other employee benefits | $2,352,085 |
| Payroll taxes | $970,229 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $102,007 |
| Fees for services: Accounting | $34,234 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,822,564 |
| Advertising and promotion | $279,396 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,022,183 |
| Travel | $105,815 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $108,808 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $405,582 |
| Insurance | $115,102 |
| All other expenses | $0 |
| Total functional expenses | $24,977,948 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,046,568 |
| Savings and temporary cash investments | $3,322,902 |
| Pledges and grants receivable | $2,514,219 |
| Accounts receivable, net | $1,962,258 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $118,827 |
| Prepaid expenses and deferred charges | $124,934 |
| Net Land, buildings, and equipment | $4,872,504 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,962,212 |
| Accounts payable and accrued expenses | $2,101,866 |
| 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 | $922,669 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,024,535 |
| Net assets without donor restrictions | $10,007,234 |
| Net assets with donor restrictions | $1,930,443 |
| 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 | $14,962,212 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rainelle Medical Center Inc has recieved totaling $9,000.
| Awarding Organization | Amount |
|---|---|
West Virginia Primary Care Association Inc Charleston, WV PURPOSE: COVID RESPONSE | $9,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Healthsource Of Ohio Inc Loveland, OH | $84,578,401 | $58,527,239 |
Delaware Valley Community Health Inc Philadelphia, PA | $40,322,631 | $53,045,833 |
Health Partners Of Western Ohio Lima, OH | $51,301,466 | $55,781,232 |
Wayne Memorial Community Health Centers Honesdale, PA | $24,922,017 | $46,112,323 |
Columbus Neighborhood Health Center Inc Columbus, OH | $20,745,840 | $43,574,110 |
Community Care Of West Virginia Inc Rock Cave, WV | $27,084,717 | $42,652,650 |
Neighborhood Health Alexandria, VA | $23,469,014 | $38,855,948 |
National Association Of Community Health Centers Inc Bethesda, MD | $39,277,491 | $36,648,368 |
Community Clinic Inc Silver Spring, MD | $24,970,527 | $41,017,497 |
Grace Community Health Center Inc Corbin, KY | $56,663,037 | $46,753,120 |
Five Rivers Health Centers Dayton, OH | $40,169,176 | $36,780,770 |
Family First Health Corporation York, PA | $10,664,664 | $31,195,921 |