Skip to main content

Nonprofit · EIN 31-1097818

PRESTON MEMORIAL HOSPITAL CORPORATION

Tax-exempt · KINGWOOD, WV 26537

Financials

$53M$52.9M2023$63.9M$60.3M2024
Revenue Expenses · by fiscal year end
Financials of PRESTON MEMORIAL HOSPITAL CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$63,938,773$60,349,487$3,589,286$62,883,256$52,290,747$10,592,509
December 31, 2023990$52,979,231$52,949,358$29,873$46,376,503$40,287,487$6,089,016
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,502,000
of which government grants
$1,502,000
Program service revenue
$61,540,076
Investment income
$524,378
Other revenue
$372,319

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$288,479
Other salaries and wages
$24,701,345
Salaries, compensation and benefits (total)
$31,883,505
Professional fundraising fees
$0
Accounting fees
$16,350
Occupancy
$1,190,484
Travel
$55,906
Depreciation
$1,660,392
Program services (functional)
$46,849,131
Management and general (functional)
$13,500,356

Balance sheet and other

Total assets, start of year
$46,376,503
Total assets, end of year
$62,883,256
Total liabilities, end of year
$52,290,747
Net assets, end of year
$10,592,509
Land, buildings and equipment
$19,595,049
Net assets without donor restrictions
$9,092,509
Net assets with donor restrictions
$1,500,000
Gross receipts
$63,938,773
Employees
488
Volunteers
6
Year formed
1955
State of legal domicile
WV

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
DAVID GOLDBERGDIRECTOR, MHS PRESIDENT CEO
Trustee or director, Officer
1$0$996,584$51,139
FRANK ABRAHAMPHYSICIAN
Highest-paid employee
50$575,667$0$57,988
LORN WOLFEPHYSICIAN
Highest-paid employee
50$472,062$0$46,004
MARAM HAKOUMDIRECTOR OF PHYSICIANS
Highest-paid employee
50$407,759$0$26,876
MELISSA LOCKWOODDIRECTOR/PMH CAO
Trustee or director, Officer
30$56,614$252,555$26,627
TERESA HARRIMANCHIEF CRNA
Highest-paid employee
50$308,902$0$26,704
JULIA RAMBERGPHYSICIAN
Highest-paid employee
50$272,778$0$55,292
KEVIN GESSLERVP FINANCE
Officer
20$0$291,880$21,515
JASON MCNAIRDIRECTOR/CHIEF OF STAFF
Trustee or director
50$231,865$0$9,398
NICK TAYLORCHAIRMAN
Trustee or director, Officer
1$0$0$0
RAY THOMPSONVICE CHAIR
Trustee or director, Officer
1$0$0$0
TIM CALVERTSECRETARY/TREASURER
Trustee or director, Officer
1$0$0$0
KATHY MCNEILLDIRECTOR
Trustee or director
1$0$0$0
RITA MCCROBIEDIRECTOR
Trustee or director
1$0$0$0
RONALD CRITESDIRECTOR
Trustee or director
1$0$0$0
1 more people on this return
NameTitleHours / weekCompensation
TARRELL RIESDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DAVID GOLDBERGDIRECTOR, MHS PRES/CEO
Trustee or director, Officer
1$0$853,663$36,373
FRANK ABRAHAMPHYSICIAN
Highest-paid employee
50$607,024$0$67,340
LORN WOLFEPHYSICIAN
Highest-paid employee
50$449,874$0$53,703
MARISA DOWNEYPHYSICIAN
Highest-paid employee
50$445,624$0$40,050
DAVID FOURQUREANPHYSICIAN
Highest-paid employee
50$409,393$0$39,231
MARAM HAKOUMPHYSICIAN
Highest-paid employee
50$370,233$0$25,330
MELISSA LOCKWOODDIRECTOR/PMH CAO
Trustee or director, Officer
30$0$289,328$52,848
JASON MCNAIRDIRECTOR/CHIEF OF STAFF (START 05/23)
Trustee or director
50$260,385$0$10,695
KEVIN GESSLERVP OF FINANCE
Officer
20$0$248,249$1,153
NICK TAYLORCHAIR
Trustee or director, Officer
1$0$0$0
RAY THOMPSONVICE CHAIR
Trustee or director, Officer
1$0$0$0
TIM CALVERTSECRETARY/TREASURER, FINANCE CHAIR
Trustee or director, Officer
1$0$0$0
BONNIE J FORMANCHIEF OF STAFF (END 05/23)
Trustee or director
50$0$0$0
KATHY MCNEILLDIRECTOR
Trustee or director
1$0$0$0
RITA MCCROBIEDIRECTOR
Trustee or director
1$0$0$0
RONALD CRITESDIRECTOR
Trustee or director
1$0$0$0
TARRELL RIESDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
150 MEMORIAL DR, KINGWOOD, WV 26537-1141
Principal officer (990 for 2024)
MELISSA LOCKWOOD, 150 MEMORIAL DRIVE, KINGWOOD, WV 265371442
Signed the 990
JEFF SANDENE, EXECUTIVE VP AND CFO
Phone
(304) 329-1400
Return prepared by
DELOITTE TAX LLP

Mission

TO ENHANCE THE HEALTH OF THE COMMUNITIES WE SERVE, ONE PERSON AT A TIME.

990 for the year ended December 31, 2024

Program accomplishments

  • THE HOSPITAL HAD 2,472 INPATIENT DAYS, CARED FOR 10,282 EMERGENCY PATIENTS AND TREATED 50,525 PATIENTS IN ITS OUTPATIENT CLINICS. THE HOSPITAL PROVIDES CARE REGARDLESS OF THE PATIENT'S ABILITY TO PAY. CHARGES FOREGONE FOR CHARITY CARE AMOUNTED TO $1,112,981. THE HOSPITAL PROMOTES AND PROVIDES ACTIVITIES SUCH AS HEALTH FAIRS, BLOOD DRIVES, AND A FITNESS CENTER TO IMPROVE THE HEALTH AND WELFARE OF ITS PATIENTS. THE HOSPITAL ALSO CONDUCTS COMMUNITY-WIDE SPEAKER BUREAUS TO HELP EDUCATE THE COMMUNITY ON SPECIFIC HEALTH AND WELLNESS MATTERS. THE HOSPITAL STRIVES TO PROVIDE AND PROMOTE NEEDED SERVICES IN THE COMMUNITY BY PARTNERING WITH LOCAL AGENCIES SUCH AS THE PRESTON COUNTY HEALTH DEPARTMENT, FAMILY RESOURCE NETWORK, PRESTON PREVENTION PARTNERSHIP, AND THE PRESTON COUNTY CHAMBER OF COMMERCE.THE ORGANIZATION SPONSORED HEALTH FAIRS, BLOOD DRIVES, CANCER SCREENINGS, CPR/FIRST AID CLASSES, CRISIS INTERVENTION, DIABETES INTERVENTION, FAMILY/PARENTING/SIBLING EDUCATION, FITNESS EDUCATION, FLU SHOTS, NUTRITION/WEIGHT MAINTENANCE, SCHOOL BASED PROGRAMS, SENIOR EDUCATION AND OUTREACH PROGRAMS, SPORTS INJURY PREVENTION, SUBSTANCE ABUSE AND TOBACCO/SMOKING CESSATION.
    Expenses $46,849,131 · revenue $61,698,981

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
31-1097818
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Hospital or medical research organization
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1984
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E22Z)
Assets (IRS master file)
$62,883,256
Income (IRS master file)
$63,938,773

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$63,938,773$60,349,487$62,883,256IRS
990December 2023$52,979,231$52,949,358$46,376,503XML
990December 2022$27,699,509$26,920,623$49,013,678IRS
990June 2022$55,171,837$55,471,190$55,257,695IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-1097818).

Questions about PRESTON MEMORIAL HOSPITAL CORPORATION

What is the EIN of PRESTON MEMORIAL HOSPITAL CORPORATION?
The employer identification number (EIN) of PRESTON MEMORIAL HOSPITAL CORPORATION is 31-1097818.
Is PRESTON MEMORIAL HOSPITAL CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
Are donations to PRESTON MEMORIAL HOSPITAL CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PRESTON MEMORIAL HOSPITAL CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PRESTON MEMORIAL HOSPITAL CORPORATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PRESTON MEMORIAL HOSPITAL CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of PRESTON MEMORIAL HOSPITAL CORPORATION?
The 990 for the year ended December 31, 2024 names MELISSA LOCKWOOD.
Who are the officers and directors of PRESTON MEMORIAL HOSPITAL CORPORATION?
The 990 for the year ended December 31, 2024 lists 16 people; 7 received compensation from the organization.
How much revenue does PRESTON MEMORIAL HOSPITAL CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $63,938,773, expenses of $60,349,487 and total assets of $62,883,256 at year end.

Other nonprofits in KINGWOOD

All nonprofits in KINGWOOD · West Virginia · Health care