Jefferson Memorial Hospital (EIN 550359755) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1912

Legal Domicile

Principal Officer

Grover G Kerns

Phone

3047281600

Tax Period

2023-01-01 to 2023-12-31

Jefferson Memorial Hospital, founded in 1912, is a mid-sized nonprofit in the Health Care sector that reported $96.8M in total revenue in fiscal year 2023. Expenses of $85.7M left a modest 11% surplus.

Mission

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

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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	+0.1%
Expenses	$85,734,351	$81,296,464	+0.1%
Net Income	$11,036,923	$9,284,279	+0.2%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

428

Volunteers

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

$312,899

Total Directors

$3,955,695

Key Employees

Highest Compensated

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

Jefferson Memorial Hospital