Grant Memorial Hospital Inc

EIN: 881740605 501(c)(3) Health Care

Petersburg, WV

Total Revenue
$63,781,221
Total Expenses
$63,356,140
Total Assets
$32,713,162
Net Assets
$12,180,247
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
WV
Principal Officer
John Sylvia
Tax Period
2024-01-01 to 2024-12-31

Grant Memorial Hospital Inc, founded in 2022, is a mid-sized nonprofit in the Health Care sector that reported $63.8M in total revenue in fiscal year 2024. Revenue surged 121% from the prior year, signaling strong growth momentum.

Mission

Grant Memorial Hospital has a vision of leading to a healthier tomorrow. The mission of the hospital is to deliver quality, compassionate, safe, and innovative healthcare close to home.

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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 (2024)

Revenue Breakdown

Contributions & Grants $11,600
Program Service Revenue $62,251,000
Investment Income $1,022,236
Other Revenue $496,385
TOTAL REVENUE $63,781,221

Expense Breakdown

Grants Paid $5,000
Salaries & Benefits $28,505,666
Fundraising Expenses $0
Program Expenses $52,172,666
Other Expenses $34,845,474
TOTAL EXPENSES $63,356,140

Year-over-Year Comparison

2024 2023 Change
Revenue $63,781,221 $28,841,253 +1.2%
Expenses $63,356,140 $27,682,868 +1.3%
Net Income $425,081 $1,158,385 -0.6%
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
9
Independent Members
8
Employees
374
Volunteers
20

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
4
$498,215
Total Directors
9
$810,855
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Carrie Willetts President Uniontown, Ex Officio Director 001.00
Director
$0 $138,041 $810,855
Scott Roberts Physician 040.00
Highest
$606,336 $52,935 $659,271
Theresa Rutledge Physician 040.00
Highest
$407,329 $48,378 $455,707
Caroline Armstrong Physician 040.00
Highest
$376,687 $46,979 $423,666
Benjamin Leslie Physician 040.00
Highest
$351,565 $47,020 $398,585
Dewey Bensenhaver Physician 040.00
Highest
$362,441 $969 $363,410
John Sylvia President 040.00
Officer
$286,338 $43,615 $329,953
Felicity Ours Director of Finance 040.00
Officer
$160,585 $7,677 $168,262
Tammy Kesner Chair 001.00
Officer Director
$0 $0 $0
George Ford Vice Chair 001.00
Officer Director
$0 $0 $0
Janet Frye Director 001.00
Director
$0 $0 $0
Scotty Miley Director 001.00
Director
$0 $0 $0
Teddy Ketterman Director 001.00
Director
$0 $0 $0
Bradley Goldizen Director 001.00
Director
$0 $0 $0
Faron Shanholtz Director 001.00
Director
$0 $0 $0
Tonya Berg Kitzmiller 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 $63,781,221 $63,356,140 $32,713,162 $425,081
2023 $28,841,253 $27,682,868 $36,357,672 $1,158,385
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