Camden-Clark Foundation Inc

Nonprofit profile at a glance

EIN
550667789
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Parkersburg, WV, USA
Phone
3044242202
Rating
47
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$583,444
Expenses
$245,811
Assets
$4,468,895
Liabilities
$383,973

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • Kimberley Couch (Executive Director)
  • Jon Leavitt (Board Member, President)

Highest reported compensation

  • John Onestinghel MD (Board Member): $370,180 total reported compensation
  • Kimberley Couch (Executive Director): $146,336 total reported compensation
  • Dr David Gnegy (Board Member): $99,930 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of Camden-Clark Foundation is to provide a lasting healthcare difference in the mid-ohio valley by assisting Camden-Clark Memorial Hospital Corporation through fund accumulation. Such funds shall be used for future hospital capital and service needs.

What it reported doing in 2024

The Camden Clark Foundation was established in 1987 as a 501c3 non-profit organization. In partnership with patients, physicians, employees, community leaders and philanthropists, the foundations mission is to develop relationships and financial resources to support the health care programs, projects and services of WVU Medicine Camden-Clark Medical Center. These funds enable the hospital to offer state-of-the-art care to its patients while underwriting its efforts to provide health services to the economically disadvantaged. This philanthropic partnership enhances Camden-Clarks ability to create a compelling work environment for physicians and staff, and offers fulfilling opportunities to donors and volunteers.

Operating model

Revenue model
Donor-supported. 77% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 83% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 9
  • Transparency & Controls: 71
  • Accountability: 87
  • Sustainability: 78
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 7.5%; rating input score 8
  • Program expense ratio: 9.7%; rating input score 10
  • Fundraising efficiency: $3.32 raised per $1 spent on fundraising; rating input score 10; 10th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 86.7%; rating input score 87; 21st percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 57.9%; rating input score 94; 94th percentile among comparable filings
  • Total-asset coverage ratio: 18.18; rating input score 96; 96th percentile among comparable filings
  • Liabilities to assets ratio: 0.09; rating input score 45; 45th percentile among comparable filings
  • Officer compensation ratio: 79.4%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: -20.9% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: -1.7% per year; rating input score 0; 10th percentile among comparable filings
  • Asset growth: 8.5% per year; rating input score 100; 54th percentile among comparable filings

Details

  • Where the money goes: 7.5% of revenue deployed · 9.7% of spending went to programs
  • Governance: 13 of 15 board members independent · 7 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $24K in reported program spending
  • Leadership: top reported pay $370K · 16 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 12 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 40 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 8/100.
  • High — Financial Efficiency: Program expense ratio scored 10/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Financial Efficiency: Fundraising efficiency scored 10/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: CEO compensation review process not reported.
  • High — Sustainability: Officer compensation ratio scored 1/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 45/100.