MONTGOMERY GENERAL ELDERLY CARE CENTER INC

EIN: 550623339 501(c)(3) Health Care

MONTGOMERY, WV

Total Revenue
$6,251,171
Total Expenses
$6,340,538
Total Assets
$5,385,128
Net Assets
$4,875,763
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
WV
Principal Officer
MICHAEL TAYLOR
Phone
3044425151
Tax Period
2023-01-01 to 2023-12-31

MONTGOMERY GENERAL ELDERLY CARE CENTER INC, founded in 1982, is a community nonprofit in the Health Care sector that reported $6.3M in total revenue in fiscal year 2023.

Mission

TO ESTABLISH, OPERATE AND SUPPORT HEALTH CARE SERVICES IN FAYETTE COUNTY, WV AND SURROUNDING AREAS, INCLUDING BUT NOT LIMITED TO EXTENDED CARE SERVICES.

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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 $1,833
Program Service Revenue $6,129,475
Investment Income $115,482
Other Revenue $4,381
TOTAL REVENUE $6,251,171

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,652,164
Fundraising Expenses $0
Program Expenses $4,920,581
Other Expenses $2,688,374
TOTAL EXPENSES $6,340,538

Year-over-Year Comparison

2023 2022 Change
Revenue $6,251,171 $5,858,416 +0.1%
Expenses $6,340,538 $5,649,647 +0.1%
Net Income $-89,367 $208,769 -1.4%
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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Governance

Voting Members
10
Independent Members
9
Employees
118
Volunteers
36

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
7
$424,109
Total Directors
10
$195,910
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GHASSAN DAGHER MD CHAIR 0.50
Officer Director
$0 $0 $3,000
BARBARA CRIST VICE CHAIR 0.50
Officer Director
$0 $0 $3,900
JOYCE BROWN TREASURER 0.50
Officer Director
$0 $0 $3,600
RALEIGH COLLINS TRUSTEE 0.50
Director
$0 $0 $3,600
DONALD SMITH TRUSTEE 0.50
Director
$0 $0 $3,300
PATSY TUCKER TRUSTEE 0.50
Director
$0 $0 $2,700
DEANNA VALENTINE SECRETARY 0.50
Officer Director
$0 $0 $3,300
DEBORAH HILL PRESIDENT/CEO 0.50
Officer Director
$0 $3,014 $167,410
LOU ANN BOWEN TRUSTEE 0.50
Director
$0 $0 $3,000
DUSTIN SMITH TRUSTEE 0.50
Director
$0 $0 $2,100
SHERRI MURRAY CFO 0.50
Officer
$0 $1,369 $138,477
URSULA PERRY ADMINISTRATOR 40.00
Officer
$103,389 $1,033 $104,422
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 $6,251,171 $6,340,538 $5,385,128 $-89,367
2022 $5,858,416 $5,649,647 $6,870,749 $208,769
2021 $6,488,055 $5,069,668 $6,394,578 $1,418,387
2020 $5,862,882 $4,804,505 $5,155,842 $1,058,377
2019 $5,644,096 $4,509,408 $3,778,324 $1,134,688
2018 $5,496,335 $4,295,415 $3,340,255 $1,200,920
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