Boone Memorial Hospital Inc

MADISON, WV EIN: 55-0477361 Website

See Schedule O

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$84.0M

+16.5% YoY

Annual Giving

$175K

+46.2% YoY

Grant Count

7

+133.3% YoY

Avg Grant Size

$25K

-37.3% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$24M$48M$72M$97M20202021202220232024
Metric202420232022
Total Assets$83,979,484$72,082,428$67,379,046
Revenue$87,824,630$72,177,450$67,370,697
Expenses$84,878,404$70,345,825$65,156,148
Qualifying Distributions
Net Investment Income$1,765,254$738,715$104,781
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$44K$87K$131K$175K0 grants20200 grants20215 grants20223 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Town of Danville$70KWV Game Changer$46KAracoma Story$17KWaterways 2023 Concert S…$13KBoone County Sheriff's D…$11KBARN Community Group$10KBoone County Community Org$8K

Grant Size Distribution

15 grants across all recorded years

12<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Boone Memorial Hospital Inc fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Casey Shaun HagerDoctor$657KMelissa MoodyDoctor$470KBrian CortelessiDoctor$469KPhilip Todd BerryDoctor$429KKenneth Chadwick Adk…Doctor$407KVirgil UnderwoodPresident and Chief Executiv…$336KAngela ChristianChief Operating Officer$263KDouglas Cole MalcolmChief Financial Officer$224KRay HarrellCEAO and Secretary$185K

From 2024 filing

NameTitleHoursCompensation
Edward WilliamsBoard Member1.1
James GoreBoard Secretary1.1
James HensleyBoard Chairman1.1
John RegerBoard Member1.1
Nada WoodieBoard Member1.1
Robert BrownBoard Vice-Chairman1.1
Shawn MillerBoard Member1.1
Susan McCoyBoard Member1.1
Thomas BiasBoard Member1.1
Wyatt ScaggsBoard Member1.1
Angela ChristianChief Operating Officer50$263,443
Douglas Cole MalcolmChief Financial Officer50$224,058
Ray HarrellCEAO and Secretary50$185,000
Virgil UnderwoodPresident and Chief Executive Officer50$336,035
Brian CortelessiDoctor40$469,151
Casey Shaun HagerDoctor40$656,744
Kenneth Chadwick AdkinsDoctor40$406,749
Melissa MoodyDoctor40$469,520
Philip Todd BerryDoctor40$428,685

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

Cities

DanvilleFairmontLoganMadisonNellis

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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