WVU Medicine Thomas Memorial Hospital
Legal name: Charleston Hospital Inc
Nonprofit profile at a glance
- EIN
- 611272692
- IRS 990 coverage
- 2009–2023
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2023, Form 990-T 2021
- Location
- Ranson, WV, US
- Phone
- 304-369-1230
- Rating
- 64
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Hospitals and Related Primary Medical Care Facilities
Reported finances
- Revenue
- $43,665,236
- Expenses
- $29,766,047
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- Albert J Wright Jr (WVUHS President/CEO)
- Daniel J Lauffer (Former President/CEO)
- Dr Gregory Rosencrance (President)
Highest reported compensation
- Albert J Wright Jr (WVUHS President/CEO): $3,952,695 total reported compensation
- Daniel J Lauffer (Former President/CEO): $588,298 total reported compensation
- Dr Gregory Rosencrance (President): $587,765 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To deliver patient-centered care using advanced technology and evidence-based practices.
What it reported doing in 2023
Effective April 30, 2024, Charleston Hospital, Inc. dba Saint Francis Hospital was merged into the sister hospital of Herbert J. Thomas Memorial Hospital Association. The hospital location continues to operate - during the periods reported on this Form 990 of October 1, 2023 through April 30, 2024 the hospital services included 5,366 inpatient days, 24,723 outpatient visits, 7,590 ambulatory surgeries and 227 observation visits. The hospital provides care to patients who meet certain criteria under its charity care policy without charge or at amounts less than its established rates. Charges forgone for charity amounted to 137,762.
Operating model
- Revenue model
- Earned-program. 99% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 96% 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
SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 55
- Accountability: 95
- Sustainability: 48
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 63.3%; rating input score 63
- Program expense ratio: 92.9%; rating input score 93
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 4th 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: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 31.8%; rating input score 90; 90th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 4.6%; rating input score 52; 52nd percentile among comparable filings
Growth
- Program expense growth: -15.3% per year; rating input score 0; 1st percentile among comparable filings
- Revenue growth: -5.8% per year; rating input score 0; 2nd percentile among comparable filings
- Asset growth: -2.6% per year; rating input score 0; 5th percentile among comparable filings
Details
- What they do: 8 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 63.3% of revenue deployed · 92.9% of spending went to programs
- Governance: 4 of 4 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $27.7M in reported program spending
- Leadership: top reported pay $4M · 15 people listed · 0 of 6 pay-setting controls reported
- Consistency: 19 of 19 current checks pass
- Schedules: 7 filed schedules · includes executive pay
- Filing history: 14 filing years from 2009 to 2023
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 44 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 — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Accountability: Governance controls: Audit committee oversight not reported.
- Review — Sustainability: Officer compensation ratio scored 52/100.