STONEWALL JACKSON MEMORIAL HOSPITAL

EIN: 550422958 501(c)(3) Health Care

WESTON, WV

Total Revenue
$50,163,435
Total Expenses
$53,746,410
Total Assets
$65,998,448
Net Assets
$54,062,538
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1959
Legal Domicile
WV
Principal Officer
DAVID GOLDBERG
Phone
3042698059
Tax Period
2023-01-01 to 2023-12-31

STONEWALL JACKSON MEMORIAL HOSPITAL, founded in 1959, is a mid-sized nonprofit in the Health Care sector that reported $50.2M in total revenue in fiscal year 2023. Revenue surged 104% from the prior year, signaling strong growth momentum.

Mission

ENHANCE THE HEALTH OF THE COMMUNITIES WE SERVE, ONE PERSON AT A TIME.

Program Service Accomplishments

Program 1
Expenses: $44,885,614 Revenue: $48,861,618

STONEWALL JACKSON MEMORIAL HOSPITAL PROVIDES ACUTE MEDICAL AND OUTPATIENT SERVICES TO RESIDENTS OF WESTON, WEST VIRGINIA AND SURROUNDING COMMUNITIES WHICH COVERS 10 DIFFERENT COUNTIES. SERVICES...

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STONEWALL JACKSON MEMORIAL HOSPITAL PROVIDES ACUTE MEDICAL AND OUTPATIENT SERVICES TO RESIDENTS OF WESTON, WEST VIRGINIA AND SURROUNDING COMMUNITIES WHICH COVERS 10 DIFFERENT COUNTIES. SERVICES INCLUDED 3,909 DAYS OF INPATIENT CARE, 73,658 OUTPATIENT VISITS, 12,427 EMERGENCY ROOM VISITS, 1,904 AMBULATORY SURGERY VISITS, AND 29,075 PHYSICIAN CLINIC VISITS. THE HOSPITAL HAD 117 DELIVERIES DURING THE YEAR IN WHICH APPROXIMATELY 71% WERE MEDICAID PATIENTS. MANY OF THESE BABIES HAD SIGNIFICANT SUBSTANCE ABUSE PROBLEMS. DUE TO THE DRUG ADDICTION PROBLEMS OF THE MOTHERS, VERY FEW OF THESE WOMEN HAVE RECEIVED PRENATAL CARE.

Program 2

ANNUAL BLOOD SCREENING: STONEWALL JACKSON MEMORIAL HOSPITAL PROVIDES ALL SUPPLIES AND STAFF TO OPERATE THE PROGRAM. A PORTION OF THE EXCESS REVENUE IS FORWARDED TO THE LOCAL ROTARY CLUB TO PROMOTE...

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ANNUAL BLOOD SCREENING: STONEWALL JACKSON MEMORIAL HOSPITAL PROVIDES ALL SUPPLIES AND STAFF TO OPERATE THE PROGRAM. A PORTION OF THE EXCESS REVENUE IS FORWARDED TO THE LOCAL ROTARY CLUB TO PROMOTE CHARITABLE SERVICES. OTHER PROGRAMS INCLUDE: SCOLIOSIS SCREENING AT COUNTY ELEMENTARY AND MIDDLE SCHOOLS, HEALTH FAIRS AT THE LOCAL SENIOR CITIZENS CENTER, FREE SPORTS PHYSICALS TO MIDDLE AND HIGH SCHOOL STUDENTS, CHILDREN'S SAFETY DAY TO PROMOTE HEALTHY CHOICES TO CHILDREN UNDER 12 YEARS OF AGE, EVENTS FOR FREE OSTEOPOROSIS SCREENINGS, EVENTS FOR FREE DERMASCANS TO SCREEN FOR SKIN CANCER, WESTON WALK-RUN TO PROMOTE EXERCISE AS A WAY TO IMPROVE CARDIAC HEALTH, FREE WOMEN'S HEALTH SCREENING FOR BREAST AND CERVICAL CANCER, FREE VEIN SCREENINGS AND FREE HEARING SCREENINGS. REVENUE AND EXPENSES ARE INCLUDED IN LINE 4A ABOVE.

Program 3

WILLIAM ADLER SCHOLARSHIP FUND - STONEWALL JACKSON MEMORIAL HOSPITAL SPONSORED PROGRAM TO PROVIDE SCHOLARSHIPS TO LOCAL GRADUATING HIGH SCHOOL SENIORS WHO ARE PURSUING A CAREER IN THE HEALTH CARE...

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WILLIAM ADLER SCHOLARSHIP FUND - STONEWALL JACKSON MEMORIAL HOSPITAL SPONSORED PROGRAM TO PROVIDE SCHOLARSHIPS TO LOCAL GRADUATING HIGH SCHOOL SENIORS WHO ARE PURSUING A CAREER IN THE HEALTH CARE FIELD. IT IS HOPED THAT THIS PROGRAM WILL ENCOURAGE MORE STUDENTS TO SEEK HEALTH CARE PROFESSIONS AND LESSON THE HEALTH CARE STAFFING SHORTAGE.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $17,261
Program Service Revenue $47,579,940
Investment Income $1,248,668
Other Revenue $1,317,566
TOTAL REVENUE $50,163,435

Expense Breakdown

Grants Paid $0
Salaries & Benefits $25,876,272
Fundraising Expenses $0
Program Expenses $44,885,614
Other Expenses $27,870,138
TOTAL EXPENSES $53,746,410

Year-over-Year Comparison

2023 2022 Change
Revenue $50,163,435 $24,621,549 +1.0%
Expenses $53,746,410 $25,797,450 +1.1%
Net Income $-3,582,975 $-1,175,901 +2.0%
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

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Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
14
Independent Members
6
Employees
440
Volunteers
18

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
6
$1,510,240
Total Directors
14
$2,495,363
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID GOLDBERG DIRECTOR & MHS CEO 1.00
Officer Director
$0 $36,373 $890,036
TYLER J HALL PHYSICIAN/DIRECTOR 50.00
Director
$484,836 $60,943 $545,779
AMY PEARSON MD DIRECTOR & CHIEF OF STAFF 50.00
Director
$417,397 $9,502 $426,899
KEVIN STALNAKER CAO 50.00
Officer Director
$0 $40,833 $320,578
DOYLE SICKLES DIRECTOR/PHYSICIAN 40.00
Director
$265,144 $46,927 $312,071
GREGORY CUNNINGHAM VICE CHAIR 1.00
Officer Director
$0 $0 $0
KIMBERLY GUM SECRETARY, TREASURER 1.00
Officer Director
$0 $0 $0
ROBIN POLING CHAIR 1.00
Officer Director
$0 $0 $0
ALISSA LAMBERT DIRECTOR 1.00
Director
$0 $0 $0
GEORGE STANSBURY DIRECTOR 1.00
Director
$0 $0 $0
GREGORY ST CLAIR DIRECTOR 1.00
Director
$0 $0 $0
JOHN LAW CPA DIRECTOR 1.00
Director
$0 $0 $0
JOSEPH SNEAD MD DIRECTOR 1.00
Director
$0 $0 $0
R GERALD WOOD DIRECTOR 1.00
Director
$0 $0 $0
RICK SCHERICH VICE PRESIDENT FINANCE 20.00
Officer
$0 $36,778 $299,626
RONALD PEARSON SURGEON 50.00
Highest
$967,688 $59,224 $1,026,912
ROBERT SNUFFER PHYSICIAN 50.00
Highest
$690,818 $58,224 $749,042
MICHAEL GREGORY PHYSICIAN 50.00
Highest
$646,497 $69,214 $715,711
ROBERT HARRIS PHYSICIAN 50.00
Highest
$465,318 $30,315 $495,633
BRUCE GORBY PHYSICIAN 50.00
Highest
$198,271 $55,387 $253,658
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 $50,163,435 $53,746,410 $65,998,448 $-3,582,975
2022 $55,749,854 $57,385,925 $65,282,027 $-1,636,071
2022 $24,621,549 $25,797,450 $71,939,052 $-1,175,901
2021 $59,024,218 $52,357,447 $76,538,179 $6,666,771
2020 $56,327,541 $55,553,769 $66,727,715 $773,772
2019 $50,632,359 $53,389,358 $64,636,289 $-2,756,999
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