Mon Health System
Legal name: Monongalia Health System Inc
Nonprofit profile at a glance
- EIN
- 550621551
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Aug 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Morgantown, WV, US
- Phone
- 304-598-1200
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community Health Systems
Reported finances
- Revenue
- $58,655,865
- Expenses
- $64,542,458
- Assets
- $112,468,301
- Liabilities
- $125,547,640
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
25 people listed
Executive titles in this filing
- DAVID L RAMSEY (DIRECTOR & VANDALIA CEO)
- DAVID GOLDBERG (DIRECTOR & MHS CEO)
Highest reported compensation
- DAVID L RAMSEY (DIRECTOR & VANDALIA CEO): $2,058,561 total reported compensation
- JEFF SANDENE (CFO): $1,211,201 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 improve the health and well-being of the communities we serve through compassionate, high-quality healthcare.
What it reported doing in 2024
Monongalia health system, inc. Is a not-for-profit organization incorporated for the purpose of providing management, planning, development, coordination, and other activities related to the promotion of health care within the system's service area.
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 99% 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 - 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: 50
- Transparency & Controls: 91
- Accountability: 88
- Sustainability: 25
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 57.8%; rating input score 58
- Program expense ratio: 52.9%; rating input score 53
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 80%; rating input score 80; 28th 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: -10%; rating input score 8; 8th percentile among comparable filings
- Total-asset coverage ratio: 1.74; rating input score 58; 58th percentile among comparable filings
- Liabilities to assets ratio: 1.12; rating input score 4; 4th percentile among comparable filings
- Officer compensation ratio: 3.4%; rating input score 33; 33rd percentile among comparable filings
Growth
- Program expense growth: 19.8% per year; rating input score 100; 92nd percentile among comparable filings
- Revenue growth: 17.4% per year; rating input score 100; 91st percentile among comparable filings
- Asset growth: 6.4% per year; rating input score 100; 47th percentile among comparable filings
Details
- What they do: 5 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 57.8% of revenue deployed · 52.9% of spending went to programs
- Governance: 12 of 15 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $34.2M in reported program spending
- Leadership: top reported pay $2.1M · 25 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $3.2M reported
- Consistency: 36 of 36 current checks pass
- Schedules: 7 filed schedules · includes grants and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 9 filed money-flow records
- Related organizations: 32 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Review — Financial Efficiency: Mission deployment rate scored 58/100.
- Review — Financial Efficiency: Program expense ratio scored 53/100.
- High — Sustainability: Operating margin scored 8/100.
- Review — Sustainability: Total-asset coverage ratio scored 58/100.
- High — Sustainability: Liabilities to assets ratio scored 4/100.
- Moderate — Sustainability: Officer compensation ratio scored 33/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.