See Schedule O
Financial Overview
From 2024 IRS Form 990-PF · View filing
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
About Boone Memorial Hospital Inc
Based on IRS filings
Boone Memorial Hospital Inc is a nonprofit organization focused on Health, based in MADISON, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $84.0M in total assets. In 2024, it awarded 7 grants totaling $175K. Net investment income was $1.8M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Town of Danville ($70,000), WV Game Changer ($46,000), Aracoma Story ($16,542).
| Recipient | Purpose | Amount |
|---|---|---|
| Boone County Community Org Danville, WV | Delivery Vehicle | $8,250 |
| WV Game Changer Fairmont, WV | Substance Abuse Education | $46,000 |
| Waterways 2023 Concert Series Madison, WV | 2023 Concert Series | $12,500 |
| Boone County Sheriff's Department Madison, WV | AED's for all Cruisers | $11,251 |
| Aracoma Story Logan, WV | New Sound System | $16,542 |
| Town of Danville Danville, WV | operational support | $70,000 |
| BARN Community Group Nellis, WV | operational support | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Edward Williams | Board Member | 1.1 | — |
| James Gore | Board Secretary | 1.1 | — |
| James Hensley | Board Chairman | 1.1 | — |
| John Reger | Board Member | 1.1 | — |
| Nada Woodie | Board Member | 1.1 | — |
| Robert Brown | Board Vice-Chairman | 1.1 | — |
| Shawn Miller | Board Member | 1.1 | — |
| Susan McCoy | Board Member | 1.1 | — |
| Thomas Bias | Board Member | 1.1 | — |
| Wyatt Scaggs | Board Member | 1.1 | — |
| Angela Christian | Chief Operating Officer | 50 | $263,443 |
| Douglas Cole Malcolm | Chief Financial Officer | 50 | $224,058 |
| Ray Harrell | CEAO and Secretary | 50 | $185,000 |
| Virgil Underwood | President and Chief Executive Officer | 50 | $336,035 |
| Brian Cortelessi | Doctor | 40 | $469,151 |
| Casey Shaun Hager | Doctor | 40 | $656,744 |
| Kenneth Chadwick Adkins | Doctor | 40 | $406,749 |
| Melissa Moody | Doctor | 40 | $469,520 |
| Philip Todd Berry | Doctor | 40 | $428,685 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Boone Memorial Hospital Inc?
Boone Memorial Hospital Inc is a nonprofit organization focused on Health, based in MADISON, WV. It holds $84.0M in total assets as of 2024.
How large is Boone Memorial Hospital Inc?
As of 2024, Boone Memorial Hospital Inc holds $84.0M in total assets with $87.8M in annual revenue. It awarded 7 grants totaling $175K in 2024.
Where does Boone Memorial Hospital Inc operate?
Boone Memorial Hospital Inc has awarded grants in West Virginia.
What size grants does Boone Memorial Hospital Inc award?
In 2024, Boone Memorial Hospital Inc awarded 7 grants totaling $175K — an average of about $25K per grant, based on its IRS Form 990 filings.
What is Boone Memorial Hospital Inc's EIN?
Boone Memorial Hospital Inc's EIN (Employer Identification Number) is 55-0477361. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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