Wetzel County Hospital Inc

EIN: 843480493 501(c)(3) Health Care

New Martinsville, WV

Total Revenue
$39,246,340
Total Expenses
$36,703,718
Total Assets
$25,879,333
Net Assets
$10,369,032
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
WV
Principal Officer
Anthony Martinelli
Phone
3044558000
Tax Period
2023-01-01 to 2023-12-31

Wetzel County Hospital Inc, founded in 2020, is a mid-sized nonprofit in the Health Care sector that reported $39.2M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $36.7M left a modest 6% surplus.

Mission

Wetzel County Hospital is the provider of choice for the residents located in our primary and secondary service areas.

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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 $97,200
Program Service Revenue $38,751,146
Investment Income $16,233
Other Revenue $381,761
TOTAL REVENUE $39,246,340

Expense Breakdown

Grants Paid $100
Salaries & Benefits $18,019,160
Fundraising Expenses $0
Program Expenses $31,545,116
Other Expenses $18,684,458
TOTAL EXPENSES $36,703,718

Year-over-Year Comparison

2023 2022 Change
Revenue $39,246,340 $35,517,529 +0.1%
Expenses $36,703,718 $31,888,682 +0.2%
Net Income $2,542,622 $3,628,847 -0.3%
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

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

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
7
Independent Members
4
Employees
308
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
1
$451,173
Total Directors
7
$1,018,392
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dr David Hess Wetzel CEO 2020 N/A
$0 $129,652 $829,662
Sean Smith WCH President/CCMC VP of Operations 020.00
Officer Director
$188,520 $74,133 $451,173
MarJean Kennedy Director - CCMC VP Marketing 001.00
Director
$0 $42,650 $307,051
Gary Nichols Physician 040.00
Highest
$267,480 $26,189 $293,669
Mathew Sokos Physician 040.00
Highest
$254,572 $29,450 $284,022
Ibanga Ekanem MD Physician 040.00
Highest
$230,244 $39,991 $270,235
Dr Donald Blum Director Physician 040.00
Director
$229,683 $30,485 $260,168
Alisha Placer Nurse Practitioner 040.00
Highest
$151,721 $35,918 $187,639
James Weed Nurse Practitioner 040.00
Highest
$151,308 $35,802 $187,110
Dr Orton Armstrong Director 001.00
Director
$0 $0 $0
Paul Barcus Director 001.00
Director
$0 $0 $0
Lawrence Lemon Director 001.00
Director
$0 $0 $0
Robert Rothlisberger 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 $39,246,340 $36,703,718 $25,879,333 $2,542,622
2022 $35,517,529 $31,888,682 $24,370,447 $3,628,847
2021 $34,042,534 $29,029,706 $18,651,650 $5,012,828
2020 $11,672,250 $13,568,844 $20,561,179 $-1,896,594
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