Overview
What is Preston Memorial Hospital?
Preston Memorial Hospital is a nonprofit health institution located in Kingwood, West Virginia, with a workforce of 422 employees. The hospital provided care for over 9,200 emergency patients, 2,697 inpatient days, and treated 74,857 patients in its outpatient clinics. Regardless of a patient's ability to pay, the hospital offered charity care worth $251,306. Beyond clinical care, the hospital organized various community activities such as health fairs, blood drives, and a fitness center to promote the health and wellbeing of its patients. The hospital also partnered with local agencies like the Preston County Health Department, Family Resource Network, Preston Prevention Partnership, and the Preston County Chamber of Commerce to offer needed services. The mission of Preston Memorial Hospital is to improve the health of the communities it serves, one person at a time.
Official website here: www.prestonmemorial.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Preston Memorial Hospital has received a Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This score is derived entirely from accountability and finance metrics, indicating a solid foundation in financial stewardship and transparency. The rating is particularly bolstered by the organization’s commitment to maintaining an independent board and adhering to rigorous oversight protocols.
The hospital demonstrates strong governance practices, with 75% of its board members being independent and a comprehensive audit and oversight committee in place. Furthermore, Preston Memorial Hospital has effectively implemented policies around conflict of interest, whistleblower protections, and document retention, all of which enhance its accountability profile.
However, while the hospital has performed well in these specific areas, the overall rating suggests there may be room for improvement in other aspects of its operations that could further enhance its effectiveness and service delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Preston Memorial Hospital legitimate?
Preston Memorial Hospital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Preston Memorial Hospital submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $671,246
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,707,370
For more financial information, click here
Official website here: www.prestonmemorial.org
What is the mission statement of Preston Memorial Hospital?
Preston Memorial Hospital is dedicated to enhancing the health and wellbeing of the communities it serves, one person at a time. The hospital provided care for a significant number of patients last year, including 9,231 emergency cases and 74,857 outpatient visits. Regardless of a patient's ability to pay, the hospital offers essential services. Charity care amounted to $251,306. To further support the health of its patients, the hospital organizes community events like health fairs, blood drives, and maintains a fitness center. Additionally, the hospital conducts community-wide speaker bureaus to educate the public on various health and wellness matters. In collaboration with local agencies, the hospital strives to provide and promote necessary services within the community.
Official website here: www.prestonmemorial.org
Who is the CEO of Preston Memorial Hospital?
David Goldberg is the Director, Mhs Pres/Ceo of Preston Memorial Hospital. The CEO's salary of Preston Memorial Hospital is $0 and their total compensation is $1,042,509.
Official website here: www.prestonmemorial.org
What is the revenue of Preston Memorial Hospital?
Preston Memorial Hospital's revenue in 2022 was $27,699,509.
Official website here: www.prestonmemorial.org
Who are the executives of Preston Memorial Hospital and what are their salaries?
The average compensation at Preston Memorial Hospital during 2022 was $24,594. There are 422 employees and 20 volunteers at Preston Memorial Hospital.
Here are 20 key members and their salaries (Preston Memorial Hospital's CEO's salary is $0 and their total compensation is $1,042,509):
- Compensation: $0
- Related: $911,058
- Other: $131,451
- Compensation: $269,786
- Related: $0
- Other: $48,363
- Compensation: $177,153
- Related: $0
- Other: $17,922
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $480,000
- Other: $0
- Compensation: $0
- Related: $421,179
- Other: $15,219
- Compensation: $224,307
- Related: $0
- Other: $21,425
- Compensation: $535,460
- Related: $0
- Other: $64,949
- Compensation: $442,141
- Related: $0
- Other: $40,659
- Compensation: $434,833
- Related: $0
- Other: $45,353
- Compensation: $412,300
- Related: $0
- Other: $57,839
- Compensation: $370,712
- Related: $0
- Other: $25,944
Official website here: www.prestonmemorial.org
Where can I find the form 990 for Preston Memorial Hospital?
Preston Memorial Hospital's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.prestonmemorial.org
Learn more at the official website: www.prestonmemorial.org
Mission Statement of Preston Memorial Hospital
Preston Memorial Hospital, a dedicated health care institution, strives to enhance the wellbeing of the communities it serves, one person at a time. This mission statement encapsulates the hospital's commitment to providing quality care to every individual who comes through its doors, regardless of their ability to pay.
In a year, the hospital recorded an impressive 2,697 inpatient days, cared for 9,231 emergency patients, and treated an astounding 74,857 patients in its outpatient clinics. These numbers underscore the extensive reach and impact of Preston Memorial Hospital's services. The hospital's generosity extended to forgone charges amounting to $251,306 for charity care.
To further promote health and wellness in the community, Preston Memorial Hospital hosts various activities such as health fairs, blood drives, and operates a fitness center. These initiatives aim to engage and educate individuals on the importance of maintaining good health and overall wellbeing. The hospital also conducts community-wide speaker bureaus to disseminate invaluable information on various health and wellness matters.
Preston Memorial Hospital actively collaborates with local agencies like the Preston County Health Department, Family Resource Network, Preston Prevention Partnership, and the Preston County Chamber of Commerce to provide and promote essential services in the community. This partnership approach enables the hospital to extend its reach and offer comprehensive support to its communities.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Preston Memorial Hospital significantly impacts the health and wellbeing of the communities it serves in Kingwood, WV. With 2,697 inpatient days and over 9,000 emergency patients treated, the hospital is a vital resource for immediate and long-term healthcare needs. In addition, it has cared for nearly 75,000 patients through its outpatient clinics, showcasing its commitment to accessible healthcare.
The hospital prioritizes care for all individuals, regardless of their financial situation, evidenced by $251,306 in charity care provided. Beyond medical treatment, Preston Memorial actively engages with the community through health fairs, blood drives, and educational speaker bureaus that promote health and wellness. By collaborating with local organizations such as the Preston County Health Department and the Preston County Chamber of Commerce, the hospital further extends its reach and enhances the overall health infrastructure of the area.
Through these efforts, Preston Memorial Hospital not only addresses immediate health care needs but also fosters a healthier community by emphasizing prevention, education, and support, impacting lives one person at a time.
This information is meant to be a general summary of Preston Memorial Hospital. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $73,326
- Program Service Revenue: $27,423,263
- Gross Receipts: $27,699,509
Assets and Liabilities:
- Total Assets: $49,013,678
- Total Liabilities: $42,882,278
- Net Assets: $6,131,400
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICES
Revenue
$27,237,576
340B DRUG PROGRAM
Revenue
$185,687
Organization Details
Founding Year
1955
Phone
(304) 329-1400Principal Officer
David Goldberg
Main Address
150 MEMORIAL DRIVE, KINGWOOD, WV, 265371442
Website
www.prestonmemorial.orgNTEE Category
Code: E22Z - Health
If you are a representative of Preston Memorial Hospital and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.