Nonprofit · EIN 55-0483245
PRINCETON COMMUNITY HOSPITAL ASSOCIATION INC
Tax-exempt · PRINCETON, WV 24740
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $326,410,729 | $323,653,375 | $2,757,354 | $153,831,132 | $131,198,233 | $22,632,899 |
| December 31, 2023 | 990 | $285,089,167 | $291,126,914 | -$6,037,747 | $165,760,460 | $150,078,527 | $15,681,933 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $97,446
- of which government grants
- $3,500
- Program service revenue
- $322,326,271
- Investment income
- $1,037,658
- Net rental income
- $180,457
- Net gain from sales of assets
- -$209,007
- Other revenue
- $2,949,354
Expenses
- Grants and similar amounts paid
- $60,895
- Compensation of officers, directors and key employees
- $3,518,208
- Other salaries and wages
- $91,730,694
- Salaries, compensation and benefits (total)
- $127,847,168
- Professional fundraising fees
- $0
- Legal fees
- $220,773
- Accounting fees
- -$95,589
- Occupancy
- $4,196,674
- Travel
- $331,886
- Depreciation
- $10,714,714
- Program services (functional)
- $267,199,802
- Management and general (functional)
- $56,453,573
Balance sheet and other
- Total assets, start of year
- $165,760,460
- Total assets, end of year
- $153,831,132
- Total liabilities, end of year
- $131,198,233
- Net assets, end of year
- $22,632,899
- Land, buildings and equipment
- $65,544,854
- Net assets without donor restrictions
- $22,632,899
- Gross receipts
- $326,643,749
- Employees
- 1,824
- Volunteers
- 38
- Year formed
- 1965
- 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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Mark Weitzel | Physician Highest-paid employee | 40 | $1,081,453 | $0 | $50,510 |
| Mark Lenter | Physician Highest-paid employee | 40 | $1,025,681 | $0 | $50,510 |
| Joseph Cutrone | Physician Highest-paid employee | 40 | $964,827 | $0 | $45,807 |
| David Mullins | Director, Physician Trustee or director | 40 | $874,080 | $0 | $52,670 |
| Tom Takubo | Director, Exec VP of Provider Relations WVUHS Trustee or director | 1 | $0 | $772,188 | $128,568 |
| Gene Duremdes | Physician Highest-paid employee | 40 | $810,809 | $0 | $40,488 |
| Karen Bowling | President Officer | 40 | $788,492 | $0 | $29,378 |
| Stephen Ward | Physician Highest-paid employee | 40 | $716,417 | $0 | $29,201 |
| Christopher Daniel | Director, Hospitalist Trustee or director | 1 | $0 | $413,688 | $50,186 |
| Thomas Martin | Medical Director Officer | 40 | $387,443 | $0 | $39,400 |
| Albert Boland | VP of Operations Officer | 40 | $253,753 | $0 | $47,150 |
| Diane Spencer | VP Finance CFO Officer | 40 | $264,963 | $0 | $31,938 |
| Timothy Anderson | VP Nursing CNO Officer | 40 | $257,855 | $0 | $11,171 |
| Heather Poff | VP Human Resources Officer | 40 | $208,487 | $0 | $42,594 |
| Lee Grimes | VP Ambulatory Operations Officer | 40 | $206,944 | $0 | $21,889 |
10 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Josh Cline | Director Trustee or director | 1 | $0 |
| James Sarver III | Director, Chairman Trustee or director, Officer | 1 | $0 |
| Robert Schumacher | Director, Vice Chairman Trustee or director, Officer | 1 | $0 |
| David Graham | Director Trustee or director | 1 | $0 |
| Terry Graham | Director Trustee or director | 1 | $0 |
| Joe Keatley | Director Trustee or director | 1 | $0 |
| Kevin Martin | Director Trustee or director | 1 | $0 |
| Patty Moore | Director Trustee or director | 1 | $0 |
| Mike Webb | Director Trustee or director | 1 | $0 |
| Leslie Wellman | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 24 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Mark Weitzel | Physician Highest-paid employee | 40 | $980,175 | $0 | $44,830 |
| Eric Hopkins | Physician Highest-paid employee | 40 | $920,864 | $0 | $33,389 |
| Mark Lenter | Physician Highest-paid employee | 40 | $865,758 | $0 | $44,830 |
| Gene Duremdes | Physician Highest-paid employee | 40 | $807,716 | $0 | $36,623 |
| David Mullins | Director Trustee or director | 40 | $771,189 | $0 | $46,204 |
| Karen Bowling | President Officer | 40 | $774,664 | $0 | $26,104 |
| Tom Takubo | Director Trustee or director | 1 | $0 | $671,388 | $118,876 |
| Stephen Ward | Physician Highest-paid employee | 40 | $724,474 | $0 | $26,883 |
| Christopher Daniel | Director Trustee or director | 1 | $0 | $423,681 | $44,507 |
| Thomas Martin | Medical Director Officer | 40 | $402,363 | $0 | $36,488 |
| Albert Boland | VP of Operations Officer | 40 | $270,036 | $0 | $41,030 |
| Timothy Anderson | VP Nursing CNO Officer | 40 | $245,878 | $0 | $9,702 |
| Diane Spencer | VP Finance CFO Officer | 40 | $219,981 | $0 | $27,906 |
| Heather Poff | VP Human Resources Officer | 40 | $185,273 | $0 | $37,327 |
| Amos Lane | Director Trustee or director | 1 | $0 | $169,198 | $32,097 |
| James Sarver III | Director, Chairman Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Robert Schumacher | Director, Vice Chairman Trustee or director, Officer | 1 | $0 | $0 | $0 |
| David Graham | Director Trustee or director | 1 | $0 | $0 | $0 |
| Terry Graham | Director Trustee or director | 1 | $0 | $0 | $0 |
| Joe Keatley | Director Trustee or director | 1 | $0 | $0 | $0 |
| Kevin Martin | Director Trustee or director | 1 | $0 | $0 | $0 |
| Patty McCormick | Director Trustee or director | 1 | $0 | $0 | $0 |
| Mike Webb | Director Trustee or director | 1 | $0 | $0 | $0 |
| Leslie Wellman | Director Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 122 12TH ST, PRINCETON, WV 24740-2312
- Principal officer (990 for 2024)
- Karen Bowling, 122 Twelfth Street, Princeton, WV 24740
- Signed the 990
- Diane Spencer, VP Finance CFO
- Phone
- (304) 478-7000
Mission
We strive for an organizational culture that is based on trust, integrity, and transparency. A culture where everyone is treated with dignity and respect. A culture rooted in compassion and high-quality patient care.
Program accomplishments
- Princeton Community Hospital Association offers convenient primary care clinics across the region, providing expert care for patients of all ages. Whether scheduling a routine checkup or managing a chronic condition, you can trust our providers with your familys health. In 2024, Princeton Community Hospital Association had 21,111 internal medicine visits and 28,392 family mediicne visits.Expenses $46,369,332 · revenue $55,378,037
- Princeton Community Hospital Association has eight state of the art operating rooms where surgeons perform procedures every day that save lives, add years to life, and enhance quality of life. In 2024, Princeton Community Hospital Association performed 7,443 surgeries.Expenses $33,157,835 · revenue $44,360,016
- Princeton Community Hospital Association has a 24/7 emergency department that is staffed by board-certified physicians and highly trained nurses who deliver lifesaving care with a combination of efficiency and compassion. In 2024, Princeton Community Hospital had 53,083 emergency department visits.Expenses $17,577,529 · revenue $27,310,797
What it must file and when
IRS records say it files Not required (state instrumentality). Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 55-0483245
- 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
- 1965
- Accounting year ends
- December
- Files
- Not required (state instrumentality)
- Category (NTEE)
- Health care (E220)
- Assets (IRS master file)
- $153,831,132
- Income (IRS master file)
- $326,643,749
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $326,410,729 | $323,653,375 | $153,831,132 | IRS |
| 990 | December 2023 | $285,089,167 | $291,126,914 | $165,760,460 | XML |
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 55-0483245).
Questions about PRINCETON COMMUNITY HOSPITAL ASSOCIATION INC
- What is the EIN of PRINCETON COMMUNITY HOSPITAL ASSOCIATION INC?
- The employer identification number (EIN) of PRINCETON COMMUNITY HOSPITAL ASSOCIATION INC is 55-0483245.
- Is PRINCETON COMMUNITY HOSPITAL ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1965.
- Are donations to PRINCETON COMMUNITY HOSPITAL ASSOCIATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PRINCETON COMMUNITY HOSPITAL ASSOCIATION INC file?
- Form Not required (state instrumentality).
- When is the next return of PRINCETON COMMUNITY HOSPITAL ASSOCIATION INC 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 PRINCETON COMMUNITY HOSPITAL ASSOCIATION INC 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 PRINCETON COMMUNITY HOSPITAL ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 names Karen Bowling.
- Who are the officers and directors of PRINCETON COMMUNITY HOSPITAL ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 lists 25 people; 13 received compensation from the organization, the highest $1,081,453 (Mark Weitzel, Physician).
- How much revenue does PRINCETON COMMUNITY HOSPITAL ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $326,410,729, expenses of $323,653,375 and total assets of $153,831,132 at year end.
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