Overview
What is Weirton Medical Center Inc?
Weirton Medical Center Inc, located at 601 Colliers Way, Weirton, WV, 26062, is a leading healthcare provider in the tri-state area. With a team of 1,803 dedicated professionals, the medical center offers a range of services including inpatient, outpatient, emergency, psychiatric, home health, physician, and skilled nursing care. In the past year, they provided 33,653 inpatient days, 496,026 outpatient visits, 35,029 emergency room visits, and 43,504 home health visits. The center's mission is to deliver coordinated, safe, effective, and quality healthcare services through a commitment to teamwork, innovation, and continuous improvement. Charity care charges amounted to $4,197,170.
Official website here: www.weirtonmedical.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Weirton Medical Center Inc has received an overall rating of 81%, reflecting a solid commitment to accountability and finance. The rating is based exclusively on a single beacon score, indicating that the organization has excelled in its governance and operational transparency. Notably, 90% of its board members are independent, contributing to effective oversight and decision-making.
Financially, the nonprofit demonstrates a high program expense ratio of 76.64%, signaling that a substantial portion of its resources is directed towards its programs rather than administrative costs. The organization has also established comprehensive policies, including a conflict of interest policy and a whistleblower policy, which further enhance its accountability framework.
However, the organization faces challenges with its liabilities to assets ratio, scoring 0 out of 15 points in this area. This suggests potential financial risk that could impact its sustainability in the long term. Overall, while Weirton Medical Center Inc shows strengths in governance and program expense management, attention to its financial liabilities will be crucial for future stability.
This AI summary has been generated from information found on Charity Navigator.
Is Weirton Medical Center Inc legitimate?
Weirton Medical Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Weirton Medical Center Inc 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: $2,152,095
Professional Fundraising Fees: $0
Other Salaries and Wages: $89,907,270
For more financial information, click here
Official website here: www.weirtonmedical.com
What is the mission statement of Weirton Medical Center Inc?
Weirton Medical Center is dedicated to delivering coordinated, safe, effective, and quality healthcare services in partnership with physicians. Through teamwork, innovation, and continuous improvement, they aim to be a leading healthcare provider in the tri-state area. Last year, they provided inpatient, outpatient, emergency, psychiatric, home health, physician, and skilled nursing services. These services included 33,653 inpatient days, 496,026 outpatient visits, 35,029 emergency room visits, and 43,504 home health visits. The medical center also foregone charges amounting to $4,197,170 for charity.
Official website here: www.weirtonmedical.com
Who is the CEO of Weirton Medical Center Inc?
John Frankovitch is the Principal Officer of Weirton Medical Center Inc. The CEO's salary of Weirton Medical Center Inc is $590,059 and their total compensation is $625,503.
Official website here: www.weirtonmedical.com
What is the revenue of Weirton Medical Center Inc?
Weirton Medical Center Inc's revenue in 2022 was $223,740,570.
Official website here: www.weirtonmedical.com
Who are the executives of Weirton Medical Center Inc and what are their salaries?
The average compensation at Weirton Medical Center Inc during 2022 was $51,059. There are 1803 employees and 21 volunteers at Weirton Medical Center Inc.
Here are 18 key members and their salaries (Weirton Medical Center Inc's CEO's salary is $590,059 and their total compensation is $625,503):
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- Other: $0
- Compensation: $590,059
- Related: $0
- Other: $35,444
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- Other: $0
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- Compensation: $183,611
- Related: $0
- Other: $30,804
- Compensation: $269,325
- Related: $0
- Other: $17,327
- Compensation: $262,954
- Related: $0
- Other: $14,490
- Compensation: $808,285
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- Other: $8,158
- Compensation: $817,397
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- Other: $32,743
- Compensation: $709,467
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- Other: $34,521
- Compensation: $1,089,421
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- Other: $34,891
- Compensation: $699,624
- Related: $0
- Other: $7,261
- Compensation: $272,611
- Related: $0
- Other: $31,679
Official website here: www.weirtonmedical.com
Where can I find the form 990 for Weirton Medical Center Inc?
Weirton Medical Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.weirtonmedical.com
Learn more at the official website: www.weirtonmedical.com
Mission Statement of Weirton Medical Center Inc
Weirton Medical Center Inc, in collaboration with physicians, strives to be the leading provider of coordinated, safe, effective, and quality healthcare services in the tri-state area. By fostering a culture of teamwork, innovation, and continuous improvement, they aim to make a significant impact on the health and wellbeing of their community.
At the heart of their mission, Weirton Medical Center offers a range of healthcare services, including inpatient, outpatient, emergency, psychiatric, home health, physician, and skilled nursing care. In the past year, they have provided 33,653 inpatient days, 496,026 outpatient visits, 35,029 emergency room visits, and 43,504 home health visits. Furthermore, they have forgone charges totaling $4,197,170 for charitable cases.
Weirton Medical Center's team of dedicated healthcare professionals works tirelessly to ensure that each patient receives comprehensive care tailored to their specific needs. Through this compassionate and collaborative approach, they are committed to improving the lives of those they serve and setting the standard for exceptional healthcare services in their region.
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Impact
October, 2024
Weirton Medical Center Inc significantly impacts the tri-state area by delivering comprehensive healthcare services that prioritize coordination, safety, and quality. The facility provides a wide range of services, including inpatient, outpatient, and emergency care, influencing the health and well-being of the community. In the past year alone, the center recorded 33,653 inpatient days and 496,026 outpatient visits, along with 35,029 emergency room visits and 43,504 home health visits.
Through its commitment to teamwork, innovation, and continuous improvement, Weirton Medical Center enhances accessibility to essential medical services, effectively addressing the diverse healthcare needs of the population it serves. Additionally, the institution plays a critical role in supporting those in need, with charity care amounting to more than $4 million, reflecting its dedication to serving all members of the community regardless of financial circumstances. This holistic approach not only improves individual health outcomes but also contributes to the overall well-being of the residents in the region.
This information is meant to be a general summary of Weirton Medical Center Inc. 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: $4,488,385
- Program Service Revenue: $209,839,260
- Gross Receipts: $248,516,471
Assets and Liabilities:
- Total Assets: $125,869,201
- Total Liabilities: $97,291,316
- Net Assets: $28,577,885
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HEALTH CARE SERVICES
Revenue
$183,609,154
PHYSICIAN OFFICE SERVICES
Revenue
$26,230,106
Organization Details
Founding Year
1949
Phone
(304) 797-6000Principal Officer
John Frankovitch
Main Address
601 COLLIERS WAY, WEIRTON, WV, 260625014
Website
www.weirtonmedical.comNTEE Category
Code: E220 - Health
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