Nonprofit · EIN 55-0740121
PRESTON MEMORIAL FOUNDATION I INCORPORATED
Tax-exempt · KINGWOOD, WV 26537
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $112,202 | $39,450 | $72,752 | $1,518,629 | $734 | $1,517,895 |
| December 31, 2023 | 990 | $111,042 | $43,214 | $67,828 | $1,467,943 | $162 | $1,467,781 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $23,278
- Program service revenue
- $0
- Investment income
- $68,282
- Net gain from sales of assets
- $12,460
- Net income from fundraising events
- $10,814
- Other revenue
- $20,642
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Management and general (functional)
- $3,316
- Fundraising (functional)
- $36,134
Balance sheet and other
- Total assets, start of year
- $1,467,943
- Total assets, end of year
- $1,518,629
- Total liabilities, end of year
- $734
- Net assets, end of year
- $1,517,895
- Publicly traded securities
- $1,499,294
- Net assets without donor restrictions
- $1,503,982
- Net assets with donor restrictions
- $13,913
- Gross receipts
- $122,094
- Employees
- 0
- Volunteers
- 13
- Year formed
- 1997
- 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 |
|---|---|---|---|---|---|
| DAVID GOLDBERG | MHS PRESIDENT & CEO Officer | 1 | $0 | $996,584 | $51,139 |
| MELISSA LOCKWOOD | DIRECTOR/PMH CAO Trustee or director, Officer | 5 | $0 | $309,169 | $26,627 |
| KEVIN GESSLER | PMH VP OF FINANCE & TREASURER Trustee or director, Officer | 5 | $0 | $291,880 | $21,515 |
| KERRY GNIK | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| TARRELL RIES | DIRECTOR/CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CHARLIE MORRIS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CLINT MCCABE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JESSICA LIPSCOMB | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KARI MORENO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KIM HARLESS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LAURIE THOMPSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MIKE SHAFFER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| RITA MCCROBIE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SARAH GALLAHER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TRELLA GREASER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM SHOCKEY | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DAVID GOLDBERG | MHS PRESIDENT & CEO Officer | 1 | $0 | $853,663 | $36,373 |
| MELISSA LOCKWOOD | DIRECTOR/PMH CAO Trustee or director, Officer | 5 | $0 | $289,328 | $52,848 |
| KEVIN GESSLER | TREASURER/PMH VP OF FINANCE Trustee or director, Officer | 5 | $0 | $248,249 | $1,153 |
| CORRENA SMITHBURGER | DIRECTOR/SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KERRY GNIK | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| TARRELL RIES | DIRECTOR/CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CLINT MCCABE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LAURIE THOMPSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MIKE SHAFFER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| RITA MCCROBIE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| SARAH WARCHOLA | DIRECTOR (END JUNE 2023) Trustee or director | 1 | $0 | $0 | $0 |
| TRELLA GREASER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| WILLIAM SHOCKEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 150 MEMORIAL DR, KINGWOOD, WV 26537-1141
- In care of
- % RAYMOND WOOD
- Principal officer (990 for 2024)
- MELISSA LOCKWOOD, 150 MEMORIAL DRIVE, KINGWOOD, WV 26537
- Signed the 990
- JEFF SANDENE, EXECUTIVE VP AND CFO
- Phone
- (304) 329-1400
- Return prepared by
- DELOITTE TAX LLP
Mission
RAISE, RECEIVE, AND APPLY FUNDS FOR FACILITY IMPROVEMENTS, EQUIPMENT, TECHNOLOGY, AND EXPANSION OF SERVICES.
Program accomplishments
- THE FOUNDATION SUPPORTS ACTIVITIES OF PRESTON MEMORIAL HOSPITAL AND ITS AFFILIATED NON-PROFIT ORGANIZATIONS BY PROVIDING A COORDINATED PROGRAM OF FUND DEVELOPMENT AND CONTINUED PHILANTHROPIC SUPPORT FOR THE HOSPITAL, ASSISTING THE HOSPITAL IN OBTAINING GRANTS FROM OTHER FOUNDATIONS, PROMOTING COMMUNITY AWARENESS OF AND SUPPORT FOR THE HOSPITAL AND ASSISTING THE HOSPITAL IN IDENTIFYING COMMUNITY EXPECTATIONS AND NEEDS FOR HEALTHCARE SERVICES IN THE SERVICE AREA.revenue $9,828
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 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
- 55-0740121
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1997
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T00Z)
- Assets (IRS master file)
- $1,518,629
- Income (IRS master file)
- $122,094
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $112,202 | $39,450 | $1,518,629 | XML |
| 990 | December 2023 | $111,042 | $43,214 | $1,467,943 | XML |
| 990 | December 2022 | $20,189 | $4,804 | $1,363,972 | IRS |
| 990 | June 2022 | $79,281 | $12,710 | $1,427,939 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 55-0740121).
Questions about PRESTON MEMORIAL FOUNDATION I INCORPORATED
- What is the EIN of PRESTON MEMORIAL FOUNDATION I INCORPORATED?
- The employer identification number (EIN) of PRESTON MEMORIAL FOUNDATION I INCORPORATED is 55-0740121.
- Is PRESTON MEMORIAL FOUNDATION I INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to PRESTON MEMORIAL FOUNDATION I INCORPORATED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does PRESTON MEMORIAL FOUNDATION I INCORPORATED 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 FOUNDATION I INCORPORATED 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 FOUNDATION I INCORPORATED 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 FOUNDATION I INCORPORATED?
- The 990 for the year ended December 31, 2024 names MELISSA LOCKWOOD.
- Who are the officers and directors of PRESTON MEMORIAL FOUNDATION I INCORPORATED?
- The 990 for the year ended December 31, 2024 lists 16 people; 0 received compensation from the organization.
- How much revenue does PRESTON MEMORIAL FOUNDATION I INCORPORATED have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $112,202, expenses of $39,450 and total assets of $1,518,629 at year end.
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