Monongalia County General Hospital Co

Nonprofit profile at a glance

EIN
237441353
IRS 990 coverage
2009–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Morgantown, WV, USA
Phone
3045981242
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Hospitals

Official website

Reported finances

Revenue
$410,070,302
Expenses
$381,494,770
Assets
$412,242,412
Liabilities
$186,992,811

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

Leadership & pay

22 people listed

Executive titles in this filing

  • DAVID GOLDBERG (DIRECTOR & MHS CEO)
  • MARY EDWARDS (VICE PRESIDENT MEDICAL AFFAIRS)
  • LUELLA GUNTER (EXECUTIVE DIRECTOR PHILANTHROPY)

Highest reported compensation

  • WILLIAM MCBEE MD (DIRECTOR): $2,231,455 total reported compensation
  • ALEXANDER NAGY (PHYSICIAN): $1,139,214 total reported compensation
  • DAVID GOLDBERG (DIRECTOR & MHS CEO): $1,047,723 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 enhance the health of the communities we serve, one person at a time.

What it reported doing in 2024

Monongalia general hospital (mgh) is a 154-bed general, acute care hospital in morgantown, wv.mgh provides a wide array of outpatient services including outpatient surgery (11,508 surgeries), physician offices (179,591 visits), and many other services. Some other services include cardiac catheterization, ct scan, mri, nuclear medicine, and ultrasound.

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 100% 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.
  • 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 some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 69
  • Accountability: 69
  • Sustainability: 52
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74.4%; rating input score 74
  • Program expense ratio: 79.7%; rating input score 80
  • 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: 61.5%; rating input score 62; 17th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 7%; rating input score 64; 64th percentile among comparable filings
  • Total-asset coverage ratio: 1.08; rating input score 42; 42nd percentile among comparable filings
  • Liabilities to assets ratio: 0.45; rating input score 40; 40th percentile among comparable filings
  • Officer compensation ratio: 2.6%; rating input score 44; 44th percentile among comparable filings

Growth

  • Program expense growth: 2.6% per year; rating input score 100; 19th percentile among comparable filings
  • Revenue growth: 3.2% per year; rating input score 100; 24th percentile among comparable filings
  • Asset growth: 1.3% per year; rating input score 100; 12th percentile among comparable filings

Details

  • Where the money goes: 74.4% of revenue deployed · 79.7% of spending went to programs
  • Governance: 8 of 13 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $304M in reported program spending
  • Leadership: top reported pay $2.2M · 22 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $19.8M reported
  • Consistency: 34 of 34 current checks pass
  • Schedules: 10 filed schedules · includes major donors and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 13 filed money-flow records
  • Related organizations: 33 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.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 40/100.
  • Moderate — Sustainability: Officer compensation ratio scored 44/100.