The West Virginia Health Care Cooperative Inc (EIN 550650441) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1985

Legal Domicile

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

Summersville Regional Medical Center provides acute care services through 53 licensed beds including intensive care unit, medical/surgery, OB and swing bed. In addition there are 52 extended care beds providing long term

🔒

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%)

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

🔒

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

Governance

Voting Members

Independent Members

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

$996,516

Total Directors

$234,382

Key Employees

$270,750

Highest Compensated

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

The West Virginia Health Care Cooperative Inc