WVU Medicine Garrett Regional Medical Center
Legal name: GRMC Inc
Nonprofit profile at a glance
- EIN
- 871846814
- IRS 990 coverage
- 2022–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Oakland, Maryland, US
- Phone
- 301-533-4000
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Hospitals and Related Primary Medical Care Facilities
Reported finances
- Revenue
- $86,485,707
- Expenses
- $68,649,498
- Assets
- $79,378,149
- Liabilities
- $27,049,252
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- Mark Boucot (President CEO)
Highest reported compensation
- James Venturella (Director, WVUHS Chief Information Officer): $966,643 total reported compensation
- Paul Miller DO (Physician): $562,577 total reported compensation
- Mark Boucot (President CEO): $560,693 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To improve the health of the communities we serve through high-quality, compassionate care.
What it reported doing in 2024
Our medical oncologists specialize in the management of cancer and use a variety of medicines to attack cancer cells, including chemotherapy, immunotherapy, hormonal therapy, and biological and targeted therapy. Some of these medications can be given by vein intravenously or can be pills. The treatments can be given alone or with radiation therapy and/or surgery. Since cancer is different for everyone, the oncologist team helps design the most appropriate treatment plan for individuals, depending on the cancer type and the cancer stage. In 2024, the oncology team treated 2,324 patients.
Operating model
- Revenue model
- Earned-program. 97% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The program-spending lines do not add up, so the filing cannot show reliably whether the nonprofit works directly or through others.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 61
- Transparency & Controls: 65
- Accountability: 95
- Sustainability: 62
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 61.9%; rating input score 62
- Program expense ratio: 78.7%; rating input score 79
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th 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: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 91.7%; rating input score 92; 40th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- 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: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 20.6%; rating input score 88; 88th percentile among comparable filings
- Total-asset coverage ratio: 1.16; rating input score 44; 44th percentile among comparable filings
- Liabilities to assets ratio: 0.34; rating input score 51; 51st percentile among comparable filings
- Officer compensation ratio: 5.6%; rating input score 13; 13th percentile among comparable filings
Growth
- Program expense growth: 37.1% per year; rating input score 100; 97th percentile among comparable filings
- Revenue growth: 38.5% per year; rating input score 100; 98th percentile among comparable filings
- Asset growth: 12.7% per year; rating input score 100; 80th percentile among comparable filings
Details
- What they do: 11 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 61.9% of revenue deployed · 78.7% of spending went to programs
- Governance: 11 of 12 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $54M in reported program spending
- Leadership: top reported pay $967K · 21 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $2.2M reported
- Consistency: 36 of 36 current checks pass
- Schedules: 9 filed schedules · includes major donors and executive pay
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 9 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.
- Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
- High — Sustainability: Officer compensation ratio scored 13/100.
- Review — Sustainability: Liabilities to assets ratio scored 51/100.