2024-11-13T12:49:41-06:00 2023-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 101 WASHINGTON STREET EAST CHARLESTON WV 25301 990 2023-01-01 556028466 HEALTHCARE EDUCATION FOUNDATION OF WEST VIRGINIA HEAL 3043449744 100 ASSOCIATION DRIVE CHARLESTON WV 25311 MELANIE DEMPSEY VP OF FINANCIAL POLICY 3043449744 2024-11-12 1 1 DOLORES ROSE P01286262 3043460441 2024-11-05 2023 2024-10-15 13:58:12Z M JAMES KAUFMAN 100 ASSOCIATION DRIVE CHARLESTON WV 25311 3107831 0 X WWW.WVHA.ORG X 1966 WV THE HEALTHCARE EDUCATION FOUNDATION (HEF) IS COMMITTED TO PROVIDING EDUCATION OPPORTUNITIES THROUGH STATE AND FEDERAL GRANTS. 5 4 3 4 0 0 2801939 2637954 205025 435079 0 34798 0 0 3006964 3107831 1327292 1141000 0 0 372132 355321 0 0 0 1560397 1697535 3259821 3193856 -252857 -86025 1665849 1881189 3764673 4066038 -2098824 -2184849 THE HEALTHCARE EDUCATION FOUNDATION (HEF) OF WEST VIRGINIA, INC. IS A NON-PROFIT SUBSIDIARY OF THE WEST VIRGINIA HOSPITAL ASSOCIATION (WVHA). THE PURPOSE OF THE HEF IS TO PROVIDE EDUCATION TO WVHA MEMBERS, AS WELL AS TECHNICAL SUPPORT IN SPECIFIC SERVICE AREAS. 0 0 2455441 1141000 435079 EDUCATE THE HEALTHCARE COMMUNITY IN WEST VIRGINIA BY HOSTING GRANTS THAT CONCENTRATED ON: EMERGENCY PREPAREDNESS, BREASTFEEDING AND EDUCATION FOR MOTHERS, AND TOBACCO CESSATION FOR ALL MEMBERS OF THE COMMUNITY. 2455441 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 9 0 3 1 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 X M JAMES KAUFMAN 3043539716 100 ASSOCIATION DRIVE CHARLESTON WV 25311 ANGELA SWEARINGEN CHAIR 5.00 5.00 X X 0 0 0 JAMES KAUFMAN SECRETARY/TREASURER (WVHA CEO) 5.00 35.00 X X 0 586192 89613 SEAN SMITH TRUSTEE 5.00 X 0 0 0 MICHELLE DEEDS TRUSTEE 5.00 X 0 0 0 VICTORIA JONES TRUSTEE 5.00 X 0 0 0 MELANIE DEMPSEY VP FINANCIAL POLICY 10.00 30.00 X 0 284136 27931 SAMANTHA STAMPER DIRECTOR 40.00 X 112456 0 6657 JOSEPH M LETNAUNCHYN FORMER WVHA CEO 0.00 X 0 228184 0 112456 1098512 124201 1 1 1 0 0 2637954 2637954 MEMBERSHIP INCOME 900099 435079 435079 435079 34798 34798 3107831 435079 0 34798 X 1141000 1141000 286822 178489 108333 68499 42627 25872 971618 604638 366980 11294 6973 4321 283038 176135 106903 97634 97634 227704 141700 86004 LEADERSHIP ACAD EXPENSE 98957 61581 37376 QUALITY INITIATIVE 6433 4003 2430 MISCELLANEOUS EXPENSES 857 661 196 3193856 2455441 738415 0 36380 1362393 1538196 494173 89325 1577 1948 16546 0 6500 1665849 1881189 250952 148589 47619 318930 3466102 3598519 3764673 4066038 X -2098824 -2184849 -2098824 -2184849 1665849 1881189 -86025 0 X 0 1 X 1 1 1 X 2076862 3299496 3797296 2801939 2637954 14613547 2076862 3299496 3797296 2801939 2637954 14613547 14613547 165 34798 34963 14648510 0.99760 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5000 5000 5000 5000 5000 5000 5000 5000 5000 5000 0.00000 1.00000 0.00000 0 0 0 DUE TO RELATED ENTITIES 3598519 3598519 X PART X, LINE 2: THE ASSOCIATION AND HEF, WHICH ARE NOT CONSIDERED PRIVATE FOUNDATIONS, ARE RECOGNIZED AS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTIONS 501(C)(6) AND 501(C)(3), RESPECTIVELY, OF THE INTERNAL REVENUE CODE (IRC) AND SIMILAR STATE STATUTES RELATING TO NOT-FOR-PROFIT ORGANIZATIONS. WVHS' INCOME IS SUBJECT TO CORPORATE INCOME TAXES AT THE APPLICABLE FEDERAL AND STATE RATES. DEFERRED INCOME TAXES REFLECT THE IMPACT OF "TEMPORARY DIFFERENCES" BETWEEN AMOUNTS OF ASSETS AND LIABILITIES FOR FINANCIAL REPORTING PURPOSES AND SUCH AMOUNTS AS MEASURED FOR TAX PURPOSES. DEFERRED TAX ASSETS AND LIABILITIES PRESENT THE FUTURE TAX RETURN CONSEQUENCES OF TEMPORARY DIFFERENCES, WHICH WILL BE EITHER TAXABLE OR DEDUCTIBLE WHEN THE RELATED ASSETS AND LIABILITIES ARE RECOVERED OR SETTLED. VALUATION ALLOWANCES ARE ESTABLISHED WHEN DEEMED NECESSARY TO REDUCE DEFERRED TAX ASSETS TO THE AMOUNT EXPECTED TO BE REALIZED. THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. ANY TAX "BENEFITS" RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE ARE NO SUCH TAX BENEFITS CLAIMED FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO TAX AUDITS IN PROCESS. CHANGES IN TAX ESTIMATES AS A RESULT OF SUCH AUDITS ARE RECOGNIZED IN THE PERIOD THEY BECOME KNOWN. PART V, LINE 4: THE EARNINGS OF THE ENDOWMENT FUND ARE USED TO COMPENSATE THE KEY NOTE SPEAKER AT THE ANNUAL MEETING. 1 SUBGRANTS TO WEST VIRGINIA HOSPITALS 1141000 0 DISTRIBUTE GOVERNMENT GRANT FUNDS TO ASSIST WEST VIRGINIA HOSPITALS WITH VARIOUS PROGRAMS. PART I, LINE 2: THE FOUNDATION RECEIVES GOVERNMENT GRANTS THAT ARE DISBURSED TO MULTIPLE WEST VIRGINIA HOSPITALS- AS SUB-GRANTEES. THE FOUNDATION FOLLOWS SPECIFIC GUIDELINES IN THE GRANT AGREEMENTS TO DISBURSE THE FUNDS TO THE HOSPITALS. 0 1 0 0 0 0 0 0 0 JAMES KAUFMAN SECRETARY/TREASURER (WVHA CEO) 0 583265 0 0 0 2927 0 57170 0 32443 0 675805 0 0 MELANIE DEMPSEY VP FINANCIAL POLICY 0 281555 0 0 0 2581 0 26726 0 1205 0 312067 0 0 JOSEPH M LETNAUNCHYN FORMER WVHA CEO 0 0 0 0 0 228184 0 0 0 0 0 228184 0 0 PART I, LINE 3 M. JAMES KAUFMAN, CEO AND PRESIDENT OF THE WEST VIRGINIA HOSPITAL ASSOCIATION (WVHA), WAS COMPENSATED BY THE WVHA A RELATED ORGANIZATION. THE CEO'S COMPENSATION IS DETERMINED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE SHAEF ANNUAL SURVEY IS USED IN BENCHMARKING THE CEO'S SALARY AND BENEFITS. PART I, LINE 4B AMOUNTS ACCRUED UNDER A 457(F) PLAN IN THE CURRENT YEAR: M. JAMES KAUFMAN $48,668 AMOUNT PAID FROM 457(F) PLAN TO FORMER WVHA CEO IN THE CURRENT YEAR: JOSEPH M. LETNAUNCHYN $228,184 FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO SEPERATE COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B REVIEWED BY THE BOARD UPON THEIR REQUEST. FORM 990, PART VI, SECTION B, LINE 15B M. JAMES KAUFMAN, CEO AND PRESIDENT OF THE WEST VIRGINIA HOSPITAL ASSOCIATION (WVHA), WAS COMPENSATED BY THE WVHA A RELATED ORGANIZATION. THE CEO'S COMPENSATION IS DETERMINED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE SHAEF ANNUAL SURVEY IS USED IN BENCHMARKING THE CEO'S SALARY AND BENEFITS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST, AS WELL AS ON A PUBLISHED WEBSITE OF ALL 501 ORGANIZATIONS, GUIDESTAR. THE ORGANIZATION DOES NOT HAVE A CONFLICT OF INTEREST POLICY. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 604,638. MANAGEMENT AND GENERAL EXPENSES 366,980. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 971,618. WEST VIRGINIA HOSPITAL ASSOCIATION 100 ASSOCIATION DRIVE CHARLESTON WV 25311 530377012 PROMOTE HEALTHCARE IN WEST VIRGINIA WV 501(C)(6) N/A N/A 0 WEST VIRGINIA HEALTH SERVICES INC 100 ASSOCIATION DRIVE CHARLESTON WV 25311 550657541 INSURANCE SERVICE WV N/A C 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0