CAMC GREENBRIER VALLEY MEDICAL CENTER INC

EIN: 884128022 501(c)(3) Health Care

CHARLESTON, WV

Total Revenue
$87,953,182
Total Expenses
$103,246,231
Total Assets
$127,983,968
Net Assets
$-15,293,049
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
WV
Principal Officer
JEFF SANDENE
Phone
3043887603
Tax Period
2023-01-01 to 2023-12-31

CAMC GREENBRIER VALLEY MEDICAL CENTER INC, founded in 2022, is a mid-sized nonprofit in the Health Care sector that reported $88.0M in total revenue in fiscal year 2023. Expenses of $103.2M exceeded revenue, resulting in a 17% operating deficit.

Mission

CAMC GREENBRIER VALLEY MEDICAL CENTER, INC. (CAMC GVMC) OWNS AND OPERATES THE LICENSED GENERAL ACUTE CARE HOSPITAL FACILITY DESIGNED TO PROVIDE CARE FOR COMMUNITY RESIDENTS THROUGH EVERY STAGE OF LIFE. CAMC GVMC PATIENTS DEPEND ON CAMC GVMC TO PROVIDE CONVENIENT AND COMPASSIONATE CARE DELIVERED REGARDLESS OF A PATIENT'S ABILITY TO PAY.

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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 $2,545
Program Service Revenue $87,185,819
Investment Income $487,487
Other Revenue $277,331
TOTAL REVENUE $87,953,182

Expense Breakdown

Grants Paid $0
Salaries & Benefits $45,544,791
Fundraising Expenses $0
Program Expenses $81,739,751
Other Expenses $57,701,440
TOTAL EXPENSES $103,246,231

Year-over-Year Comparison

2023 2022 Change
Revenue $87,953,182 N/A N/A
Expenses $103,246,231 N/A N/A
Net Income $-15,293,049 $0 N/A
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
3
Independent Members
N/A
Employees
680
Volunteers
13

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
$5,396,351
Total Directors
3
$4,260,184
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID L RAMSEY CHAIRMAN 3.00
Officer Director
$0 $166,947 $2,160,732
GLENN CROTTY JR MD TRUSTEE 1.00
Director
$0 $57,089 $1,068,119
JEFF SANDENE TREASURER 1.00
Officer Director
$0 $254,822 $1,031,333
ANGELA FENTON HILL SECRETARY 1.00
Officer
$0 $295,138 $845,949
TIMOTHY A BESS VP ADMINISTRATOR 50.00
Officer
$327,255 $50,542 $377,797
DEBORAH L KONARSKI CHIEF FINANCIAL OFFICER 50.00
Officer
$258,880 $93,924 $352,804
REBECCA J HARLESS VP ADMINISTRATOR 50.00
Officer
$276,146 $60,063 $336,209
DEBRA PARSONS CHIEF NURSING OFFICER 50.00
Officer
$226,466 $65,061 $291,527
DAVID WEBB PHYSICIAN 40.00
Highest
$603,120 $66,352 $669,472
JOHN L LOSEE PHYSICIAN 40.00
Highest
$610,530 $49,738 $660,268
CHRISTOPHER L WHITE PHYSICIAN 40.00
Highest
$570,932 $69,495 $640,427
YOSEPH SHALEV PHYSICIAN 40.00
Highest
$558,952 $14,132 $573,084
CHRISTI L HUGHART PHYSICIAN 40.00
Highest
$499,416 $73,588 $573,004
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 $87,953,182 $103,246,231 $127,983,968 $-15,293,049
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