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: Verified by RoundPaper

FY 2024

Verified NonprofitLast Filed 2024EIN 55-0492006

West Virginia University Medical Corporation

Morgantown, WVNTEE: E210Founded 1971Website

mission statement

To support the West Virginia University School of Medicine in the furtherance of its charitable, scientific, and educational purposes.

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Total Revenue

$954.6M

FY 2024

Program Spending

93.4%

of total expenses

Known Funders

2019–2024 filings

Key Metrics (FY 2024)

The Numbers

$285.2M

Total Assets

$97.3M net

1.23 mo

Operating Reserves

FY 2024

+24%

Revenue Growth

YoY

3582

Total Employees

FY 2024

Funding Track Record

Backed by 5 Institutional Funders

$172K raised across 7 grants (2019–2024 filings)

Funder Geography

Funders across 4 states (2019–2024 filings)

Institutional Funding by Year

PaidCommittedBoth

Funder	Location	Total Awarded
Tree Fund-Tree Research & Education Endowment Fund	NAPERVILLE, IL	$149,512
Friends of University Hospital	Morgantown, WV	$10,285
The Education Alliance-Business and Community for Public School IN	CHARLESTON, WV	$8,379
Alcon Cares Incorporated	Fort Worth, TX	$3,660
The Bank of Clarke County Foundation	BERRYVILLE, VA	$250

Total tracked: $172,086 across 7 grants (2019–2024 filings)

Totals reflect grants as reported on funder tax returns. Timing may not match recipient revenue: funder and recipient fiscal years often differ, and grants paid by a funder in one year may be recognized by the recipient in a different year.

Programs (FY 2024)

What They Do

$885.5M in expenses

The Corporation supported faculty physicians of the West Virginia School of Medicine in their provision of medical services with approximately 2,163,964 clinic visits during 2024. The Corporation continuously meets its exempt purpose by providing funds to the state-supported West Virginia University School of Medicine. By providing these funds, the Corporation has both lessened the burdens to government and advanced graduate medical education in West Virginia. As part of its mission to support the School of Medicine, the Corporation incurred expenditures for professional liability premiums on behalf of the faculty physicians of the School of Medicine. The Corporation has also lessened the burdens on government by relieving poverty in West Virginia by supporting the faculty physicians in their provision of charity care.

Financial History

Revenue Over Time

Governance (FY 2024)

Leadership

Vinay Badhwar MD

Board Chair

Ali Rezai MD

Physician

Christopher Mascio MD

Physician

Bill Underwood MD

Physician

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