The West Virginia Health Care Cooperative Inc

EIN: 550650441 501(c)(3)

Summersville, WV

Total Revenue
$67,246,215
Total Expenses
$71,654,463
Total Assets
$40,494,377
Net Assets
$15,808,270
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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
WV
Principal Officer
Louis Roe
Phone
3048722891
Tax Period
2023-01-01 to 2023-12-31

The West Virginia Health Care Cooperative Inc, founded in 1985, is a mid-sized nonprofit that reported $67.2M in total revenue in fiscal year 2023.

Mission

Above all else, Summersville Regional Medical Center is committed to the care and improvement of human life. In recognition of this commitment, we will strive to deliver quality, cost effective healthcare to the communities we serve.

Program Service Accomplishments

Program 1
Expenses: $14,188,993 Revenue: $14,539,718

Internal Medicine services include comprehensive primary care for adults and seniors, with a focus on diseases affecting the heart, blood, kidneys, and joints, as well as the digestive, respiratory...

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Internal Medicine services include comprehensive primary care for adults and seniors, with a focus on diseases affecting the heart, blood, kidneys, and joints, as well as the digestive, respiratory, and vascular systems. Our internal medicine physicians diagnose common or complex issues, and can help patients manage any chronic conditions. Our providers help coordinate the medical needs of our patients and refer to specialists when needed. Internal Medicine inpatient days for 2023 included 5,009 acute care days and 1,661 ICU days.

Program 2
Expenses: $11,118,002 Revenue: $15,045,568

The emergency department of Summersville Regional Medical Center SRMC serves patients from across the region in their most critical moments. As a Level IV trauma center located within the hospital...

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The emergency department of Summersville Regional Medical Center SRMC serves patients from across the region in their most critical moments. As a Level IV trauma center located within the hospital, our emergency department is staffed 24 hours a day, seven days a week, 365 days a year. We strive to deliver a fast, accurate diagnosis and efficient treatment or transport for all patients. Services in 2023 included 18,197 total emergency department visits. Of those, 15,972 were treated and released, 1,692 were admitted as an inpatient, and 533 were placed in observation.

Program 3
Expenses: $8,201,448 Revenue: $7,455,436

The Family Medicine providers of Summersville Regional Medical Center care for patients of all ages, including infants, children, adults, and seniors. Patients are seen by providers within the Rural...

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The Family Medicine providers of Summersville Regional Medical Center care for patients of all ages, including infants, children, adults, and seniors. Patients are seen by providers within the Rural and Fairview Health Clinics. Services range from health screenings to physical exams and vaccinations to management of chronic conditions, such as diabetes and high blood pressure. Our providers work with other WVU Medicine specialists in order to provide the best care for our patients and their families. Services in 2023 include 19,068 visits in the Rural Health Clinic and 7,846 in the Fairview Health Clinic.

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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 $136,906
Program Service Revenue $66,435,499
Investment Income $233,138
Other Revenue $440,672
TOTAL REVENUE $67,246,215

Expense Breakdown

Grants Paid $2,650
Salaries & Benefits $35,814,472
Fundraising Expenses $0
Program Expenses $60,401,106
Other Expenses $35,837,341
TOTAL EXPENSES $71,654,463

Year-over-Year Comparison

2023 2022 Change
Revenue $67,246,215 $68,754,265 0.0%
Expenses $71,654,463 $62,759,733 +0.1%
Net Income $-4,408,248 $5,994,532 -1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
3
Employees
604
Volunteers
N/A

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
$996,516
Total Directors
5
$234,382
Key Employees
1
$270,750
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Bandy Mullins MD Surgeon 032.00
Highest
$636,989 $46,463 $842,699
Benjamin Hensley DO Surgeon 032.00
Highest
$570,048 $46,313 $758,873
John Epling Physician 040.00
Highest
$542,579 $31,763 $574,342
David Meriwether MD Physician 040.00
Highest
$496,362 $44,477 $540,839
Michael Taylor MD Physician 040.00
Highest
$495,188 $37,400 $532,588
Louis Roe Jr Director, President CEO 028.00
Officer
$184,461 $28,315 $291,831
John Tim Lewis VP of Patient Care Services 034.00
Key Emp
$221,734 $9,886 $270,750
Robin Eckhart VP, Finance 028.00
Officer
$167,570 $27,283 $266,669
Brandon Williams VP, Operations 028.00
Officer
$124,991 $25,075 $203,634
Bradley Willis Director, Chair 001.00
Officer Director
$162,110 $22,532 $184,642
Melissa Marshall Director, Assistant Secretary 001.00
Officer Director
$0 $10,483 $49,740
James Davis Director, Secretary / Treasurer 001.00
Officer Director
$0 $0 $0
Jay Borrell Director 001.00
Director
$0 $0 $0
Jamberlyn Antoline 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 $67,246,215 $71,654,463 $40,494,377 $-4,408,248
2022 $68,754,265 $62,759,733 $46,443,386 $5,994,532
2021 $66,715,659 $59,128,817 $43,415,589 $7,586,842
2020 $59,734,165 $52,184,769 $35,043,209 $7,549,396
2019 $23,369,226 $24,691,357 $19,089,925 $-1,322,131
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