Princeton Community Hospital Association

EIN: 550483245 501(c)(3) Health Care

Princeton, WV

Total Revenue
$285,089,167
Total Expenses
$291,126,914
Total Assets
$165,760,460
Net Assets
$15,681,933
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
WV
Principal Officer
Karen Bowling
Phone
3044787000
Tax Period
2023-01-01 to 2023-12-31

Princeton Community Hospital Association, founded in 1965, is a major nonprofit in the Health Care sector that reported $285.1M in total revenue in fiscal year 2023.

Mission

Princeton Community Hospital Association is committed to excellent experiences for our patients, our physicians, our employees, and our community.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $26,180
Program Service Revenue $278,586,305
Investment Income $4,215,498
Other Revenue $2,261,184
TOTAL REVENUE $285,089,167

Expense Breakdown

Grants Paid $96,522
Salaries & Benefits $116,778,070
Fundraising Expenses $0
Program Expenses $242,082,761
Other Expenses $174,252,322
TOTAL EXPENSES $291,126,914

Year-over-Year Comparison

2023 2022 Change
Revenue $285,089,167 N/A N/A
Expenses $291,126,914 N/A N/A
Net Income $-6,037,747 N/A N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
13
Independent Members
9
Employees
1829
Volunteers
31

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
8
$2,276,752
Total Directors
13
$2,277,140
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mark Weitzel Physician 040.00
Highest
$980,175 $44,830 $1,025,005
Eric Hopkins Physician 040.00
Highest
$920,864 $33,389 $954,253
Mark Lenter Physician 040.00
Highest
$865,758 $44,830 $910,588
Gene Duremdes Physician 040.00
Highest
$807,716 $36,623 $844,339
David Mullins Director 040.00
Director
$771,189 $46,204 $817,393
Karen Bowling President 040.00
Officer
$774,664 $26,104 $800,768
Tom Takubo Director 001.00
Director
$0 $118,876 $790,264
Stephen Ward Physician 040.00
Highest
$724,474 $26,883 $751,357
Christopher Daniel Director 001.00
Director
$0 $44,507 $468,188
Thomas Martin Medical Director 040.00
Officer
$402,363 $36,488 $438,851
Albert Boland VP of Operations 040.00
Officer
$270,036 $41,030 $311,066
Timothy Anderson VP Nursing CNO 040.00
Officer
$245,878 $9,702 $255,580
Diane Spencer VP Finance CFO 040.00
Officer
$219,981 $27,906 $247,887
Heather Poff VP Human Resources 040.00
Officer
$185,273 $37,327 $222,600
Amos Lane Director 001.00
Director
$0 $32,097 $201,295
James Sarver III Director, Chairman 001.00
Officer Director
$0 $0 $0
Robert Schumacher Director, Vice Chairman 001.00
Officer Director
$0 $0 $0
David Graham Director 001.00
Director
$0 $0 $0
Terry Graham Director 001.00
Director
$0 $0 $0
Joe Keatley Director 001.00
Director
$0 $0 $0
Kevin Martin Director 001.00
Director
$0 $0 $0
Patty McCormick Director 001.00
Director
$0 $0 $0
Mike Webb Director 001.00
Director
$0 $0 $0
Leslie Wellman Director 001.00
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 $285,089,167 $291,126,914 $165,760,460 $-6,037,747
Explore More Nonprofits
Top 100 Nonprofits in West Virginia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Princeton Community Hospital Association with other nonprofits in West Virginia and across the country.