Jefferson Memorial Hospital

EIN: 550359755 501(c)(3) 501(c)(3) Corporation

300 South Preston St, Ranson, WV, 25438

Total Revenue
$96,771,274
Total Expenses
$85,734,351
Total Assets
$113,773,206
Net Assets
$96,624,660

Tuckman-Chang Vulnerability Assessment

Research-Based

Academic framework for nonprofit financial sustainability (Tuckman & Chang, 1991)

Equity Deficiency
1.13
✓ Strong — 6+ mo. reserves
Revenue Concentration
0.96
⚠ High Risk — Concentrated
Admin Flexibility
0.0%
⚠ Too Lean — No room to cut
Operating Sustainability
11.4%
✓ Healthy — Sustainable
Overall Vulnerability Assessment
Based on 4 vulnerability indicators
~ MODERATE
2/4 flags
Equity deficiency (<0.25) ✓ Pass
Revenue concentration (>0.60) 🚩 Flagged
Admin too lean (<10%) 🚩 Flagged
Operating deficit (<0%) ✓ Pass

About: The Tuckman-Chang framework identifies four key indicators of financial vulnerability. 0 flags = low risk, 1–2 = moderate risk, 3–4 = high risk. Validated across thousands of nonprofits since 1991.

Learn more about the Tuckman-Chang methodology →

Financial Trends

Organization Details

Formation Year
1912
Legal Domicile
WV
Principal Officer
Grover G Kerns
Phone
3047281600
Tax Period
January 2023 - December 2023

Jefferson Memorial Hospital is a 501(c)(3) with EIN 550359755, based in 300 South Preston St, Ranson, WV, 25438. Founded in 1912, the organization files IRS Form 990 and reported its most recent data for fiscal year 2023. In that period, it reported $96,771,274 in total revenue and $85,734,351 in total expenses, with net assets of $96,624,660. Its Trantor Score is 637 (Fair), reflecting its financial health based on liquidity, solvency, and operational efficiency.

Mission

Jefferson Memorial Hospital is a non-profit, critical access hospital serving the residents of the Eastern Panhandle of WV.

Trantor Score

Financial Health & Payment Capacity Assessment

Score based on: Liquidity (40%), Solvency (30%), Sustainability (20%), Efficiency (10%)

637
Fair
Moderate Risk
FICO Scale: 300–850

Liquidity (40%)
0.51
+111 pts
Solvency (30%)
0.75
+123 pts
Sustainability (20%)
0.64
+69 pts
Efficiency (10%)
0.59
+32 pts
Learn more about the Trantor Score methodology →

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $137,412
Program Service Revenue $94,794,009
Investment Income $1,535,880
Other Revenue $303,973
TOTAL REVENUE $96,771,274

Expense Breakdown

Grants Paid $50,000
Salaries & Benefits $25,846,049
Fundraising Expenses $0
Program Expenses $69,227,291
Other Expenses $59,838,302
TOTAL EXPENSES $85,734,351

Year-over-Year Comparison

2023 2022 Change
Revenue $96,771,274 $90,580,743 +6.8%
Expenses $85,734,351 $81,296,464 +5.5%
Net Income $11,036,923 $9,284,279 +18.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required

Financial Health Indicators

Financial Distress Indicator (Altman Z-Score)
✓ Safe Zone — Low probability of financial distress
5.93
>2.6 safe · 1.1–2.6 gray · <1.1 distress

Learn about the Altman Z-Score methodology adapted for nonprofits →

Liquidity & Cash Position

Current Ratio
2.69
Target: >2.0 is healthy
Cash Reserve
2.0
Months of expenses covered
Cash to Assets
12.3%
Liquid asset ratio
Working Capital
$17,888,223
Current assets − liabilities

Solvency & Debt Position

Solvency Ratio
6.63
Assets / Liabilities (>1 is solvent)
Debt Ratio
15.1%
Liabilities / Assets (lower is better)
Debt to Net Assets
0.18
Leverage ratio

Revenue Sustainability & Diversification

Self-Sufficiency
98.0%
Program revenue / Total revenue
Donation Dependence
0.1%
Contributions / Total revenue
Revenue Concentration
98.0%
Largest source (lower = more diverse)

Operational Performance

Admin Efficiency
0.0%
Target: 10–20% is optimal
Asset Turnover
0.85x
Revenue / Assets
Expense Coverage
13.5
Months can operate w/o income
Surplus Margin
11.4%
Net income / Revenue

Growth Indicators

Net Assets Growth
13.1%
Year-over-year change

Governance

Voting Members
14
Independent Members
13
Employees
428
Volunteers
4

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$312,899
Total Directors
14
$3,955,695
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Albert Wright Jr Director, CEO WVUHS 000.03
Director
$0 $409,396 $3,955,695
Neil McLaughlin VP Operations 040.00
Officer
$281,557 $31,342 $312,899
Charles Keeling CRNA 040.00
Highest
$221,414 $29,626 $251,040
Michael Plankers AVP Patient Care 040.00
Highest
$209,920 $39,590 $249,510
Jonathan Kline Director, Pharmacy 040.00
Highest
$204,514 $38,442 $242,956
Dana Bechtold D.O. 040.00
Highest
$223,277 $13,374 $236,651
Frew Negatu Pharmacist 040.00
Highest
$167,228 $32,862 $200,090
D Scott Roach Director, Chairman 000.03
Officer Director
$0 $0 $0
Lindsey Hash Director 000.03
Director
$0 $0 $0
CW Hensell III Director 000.03
Director
$0 $0 $0
Brad Wright MD Director / JMH Med Staff President 000.03
Director
$0 $0 $0
Scott Saunders Director 000.03
Director
$0 $0 $0
Dawn Jones MD Director 000.03
Director
$0 $0 $0
Clarence E Martin III Director 000.03
Director
$0 $0 $0
Richard Thomas MD Director 000.03
Director
$0 $0 $0
Jeffrey DeBord DO Director/BMC Medical Staff President 000.03
Director
$0 $0 $0
Jacqueline Long Director, Vice Chair 000.03
Officer Director
$0 $0 $0
Alice Frazier Director, Treasurer 000.03
Officer Director
$0 $0 $0
James Rogers Director, Secretary 000.03
Officer Director
$0 $0 $0
Sharon Mailey Director 000.03
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $96,771,274 $85,734,351 $113,773,206 $11,036,923
2022 $90,580,743 $81,296,464 $105,816,243 $9,284,279
2021 $88,173,587 $69,807,288 $109,453,686 $18,366,299
2020 $74,318,717 $62,332,049 $92,696,576 $11,986,668
2019 $67,697,382 $60,007,943 $71,915,619 $7,689,439
2018 $59,032,940 $56,166,528 $64,973,124 $2,866,412
Explore More Nonprofits
Top 100 Nonprofits in West Virginia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Jefferson Memorial Hospital with other nonprofits in West Virginia and across the country.

Similar Organizations · West Virginia
Community Lutheran Partners Inc
EIN 043718679
$229,063 788
ALLIANCE FOR PTSD RECOVERY CORPORATION
EIN 821085349
$581,301 787
CENTER FOR APPLIED RESEARCH & TECHNOLOGY INC
EIN 200173258
$1,230,760 781
NICHOLAS CO COMMUNITY FOUNDATION
EIN 205799430
$1,324,578 779
WEST VIRGINIA LAND STEWARDSHIP CORPORATION
EIN 464631969
$1,889,849 777
WV Foster Adoptive & Kinship Parents Network Inc
EIN 862054833
$295,764 776
View all top nonprofits in West Virginia →