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Nonprofit · EIN 55-0477361

BOONE MEMORIAL HOSPITAL INC

Tax-exempt · MADISON, WV 25130

Financials

$72.2M$70.3M2022$87.8M$84.9M2023$106.6M$96.2M2024
Revenue Expenses · by fiscal year end
Financials of BOONE MEMORIAL HOSPITAL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$106,642,311$96,168,445$10,473,866$104,618,868$69,664,213$34,954,655
June 30, 2024990$87,824,630$84,878,404$2,946,226$83,979,484$59,498,695$24,480,789
June 30, 2023990$72,177,450$70,345,825$1,831,625$72,082,428$50,547,865$21,534,563
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$4,109,973
of which government grants
$4,103,746
Program service revenue
$100,974,171
Investment income
$1,532,258
Net rental income
$2,350
Other revenue
$25,909

Expenses

Grants and similar amounts paid
$194,052
Other salaries and wages
$40,153,870
Salaries, compensation and benefits (total)
$49,549,041
Professional fundraising fees
$0
Occupancy
$2,512,759
Depreciation
$3,609,662
Program services (functional)
$86,640,649
Management and general (functional)
$8,979,814
Fundraising (functional)
$547,982

Balance sheet and other

Total assets, start of year
$83,979,484
Total assets, end of year
$104,618,868
Total liabilities, end of year
$69,664,213
Net assets, end of year
$34,954,655
Land, buildings and equipment
$36,744,228
Net assets without donor restrictions
$34,954,655
Gross receipts
$106,642,311
Employees
647
Volunteers
28
Year formed
2010
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Virgil UnderwoodCEO
Officer
45$1,619,786$495,894
Casey Shaun HagerDoctor
Highest-paid employee
40$708,722$32,604
Angela ChristianCOO
Officer
45$602,096$34,599
James E StollingsDoctor
Highest-paid employee
40$579,223$8,538
Thomas Brian CortelessiDoctor
Highest-paid employee
40$517,511$35,787
Christopher FlanaganDoctor
Highest-paid employee
40$527,530$12,787
Philip Todd BerryDoctor
Highest-paid employee
40$476,372$30,003
Cole MalcolmCFO
Officer
45$362,404$70,894
Ray HarrellCEAO and Secretary
Officer
50$326,937$19,476
James HensleyBoard Chair
Trustee or director, Officer
1$0$0
Edward WilliamsBoard Member
Trustee or director
1$0$0
James GoreBoard Vice Chair
Trustee or director
1$0$0
John RegerBoard Member
Trustee or director
1$0$0
Robert BrownBoard Member
Trustee or director
1$0$0
Shawn MillerBoard Member
Trustee or director
1$0$0
3 more people on this return
NameTitleHours / weekCompensation
Susan McCoyBoard Member
Trustee or director
1$0
Thomas BiasBoard Member
Trustee or director
1$0
Wyatt ScaggsBoard Secretary
Trustee or director
1$0
990 for the year ended June 30, 2024: 19 people
NameTitleHours / weekCompensationOther / benefits
Virgil UnderwoodPresident and Chief Executive Officer
Officer
50$336,035$384,673
Casey Shaun HagerDoctor
Highest-paid employee
40$656,744$31,438
Brian CortelessiDoctor
Highest-paid employee
40$469,151$34,777
Melissa MoodyDoctor
Highest-paid employee
40$469,520$14,503
Angela ChristianChief Operating Officer
Officer
50$263,443$217,413
Philip Todd BerryDoctor
Highest-paid employee
40$428,685$33,165
Kenneth Chadwick AdkinsDoctor
Highest-paid employee
40$406,749$32,403
Douglas Cole MalcolmChief Financial Officer
Officer
50$224,058$121,930
Ray HarrellCEAO and Secretary
Officer
50$185,000$28,108
Edward WilliamsBoard Member
Trustee or director
1.1$0$0
James GoreBoard Secretary
Trustee or director
1.1$0$0
James HensleyBoard Chairman
Trustee or director
1.1$0$0
John RegerBoard Member
Trustee or director
1.1$0$0
Nada WoodieBoard Member
Trustee or director
1.1$0$0
Robert BrownBoard Vice-Chairman
Trustee or director
1.1$0$0
Shawn MillerBoard Member
Trustee or director
1.1$0$0
Susan McCoyBoard Member
Trustee or director
1.1$0$0
Thomas BiasBoard Member
Trustee or director
1.1$0$0
Wyatt ScaggsBoard Member
Trustee or director
1.1$0$0
990 for the year ended June 30, 2023: 18 people
NameTitleHours / weekCompensationOther / benefits
VIRGIL UNDERWOODCHIEF EXECUTIVE OFFICER
Officer
50$304,307$409,600
CASEY SHAUN HAGERDOCTOR
Highest-paid employee
40$623,272$23,000
SHANE EDWARD COOKDOCTOR
Highest-paid employee
40$589,265$22,700
THOMAS CORTELLESIDOCTOR
Highest-paid employee
40$475,640$29,250
MICHAEL BLEDSOEDOCTOR
Highest-paid employee
40$481,419$20,492
CHARLES D CRIGGERDOCTOR
Highest-paid employee
40$443,342$2,500
ANGELA CHRISTIANCHIEF OPERATING OFFICER
Officer
50$202,676$183,146
CHAD HOVIS END 82022CHIEF FINANCIAL OFFICER
Officer
50$144,032$8,188
DOUGLAS COLE MALCOLM BEG 102022CHIEF FINANCIAL OFFICER
Officer
50$67,352$2,715
ROBERT BROWNPRESIDENT
Trustee or director
1.25$0$0
JAMES HENSLEYVICE PRESIDENT
Trustee or director
1.25$0$0
THOMAS BIASBOARD MEMBER
Trustee or director
1.25$0$0
JAMES GORESECRETARY
Trustee or director
1.25$0$0
NADA WOODIEBOARD MEMBER
Trustee or director
1.25$0$0
SHAWN MILLERBOARD MEMBER
Trustee or director
1.25$0$0
JOHN REGERBOARD MEMBER
Trustee or director
1.25$0$0
SUSAN MCCORYBOARD MEMBER
Trustee or director
1.25$0$0
WYATT SCAGGSBOARD MEMBER
Trustee or director
1.25$0$0

Address and contacts

Address (IRS master file)
701 MADISON AVE, MADISON, WV 25130-1669
Principal officer (990 for 2024)
Virgil Underwood, 701 Madison Avenue, Madison, WV 25130
Signed the 990
Virgil Underwood, CEO
Phone
(304) 369-1230
Return prepared by
Forvis Mazars LLP

Mission

See Schedule O

990 for the year ended June 30, 2025

Program accomplishments

  • IN PERFORMING ITS MISSION, BOONE MEMORIAL HOSPITAL, INC. HAD 705 ACUTE CARE ADMISSIONS, 1,273 OBSERVATION ADMISSIONS, AND 172 SKILLED NURSING CARE ADMISSIONS. THE HOSPITAL ALSO HAD 6 RESPITE CARE PATIENTS, 16,346 EMERGENCY ROOM VISITS, AND 64,716 VISITS IN ITS FOUR RURAL HEALTH CLINICS.
    Expenses $86,640,649 · grants $194,052 · revenue $100,974,171

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
55-0477361
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
2012
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E22)
Assets (IRS master file)
$104,618,868
Income (IRS master file)
$106,642,311

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$106,642,311$96,168,445$104,618,868IRS
990June 2024$87,824,630$84,878,404$83,979,484IRS
990June 2023$72,177,450$70,345,825$72,082,428XML
990June 2022$67,370,697$65,156,148$67,379,046IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––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 55-0477361).

Questions about BOONE MEMORIAL HOSPITAL INC

What is the EIN of BOONE MEMORIAL HOSPITAL INC?
The employer identification number (EIN) of BOONE MEMORIAL HOSPITAL INC is 55-0477361.
Is BOONE MEMORIAL HOSPITAL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to BOONE MEMORIAL HOSPITAL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BOONE MEMORIAL HOSPITAL INC 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 BOONE MEMORIAL HOSPITAL INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BOONE MEMORIAL HOSPITAL INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of BOONE MEMORIAL HOSPITAL INC?
The 990 for the year ended June 30, 2025 names Virgil Underwood.
Who are the officers and directors of BOONE MEMORIAL HOSPITAL INC?
The 990 for the year ended June 30, 2025 lists 18 people; 9 received compensation from the organization, the highest $1,619,786 (Virgil Underwood, CEO).
How much revenue does BOONE MEMORIAL HOSPITAL INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $106,642,311, expenses of $96,168,445 and total assets of $104,618,868 at year end.

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