2025-05-01T10:24:41-07:00 2024-06-30 990 2023-07-01 550581982 Charleston Medical Center Housing Corporation CHAR 3043450171 101 29th Street Charleston WV 25304 Chad T Hovis Treasurer 2025-05-01 true 2023 2025-03-06 01:10:19Z David L Ramsey 101 29th Street Charleston WV 25304 1549518 false X camcmedicine.edu/residents-fellows/housing X 1977 WV See Schedule O 7 4 0 5 0 0 941301 1080205 898982 371714 0 1840283 1451919 0 0 0 0 0 1363367 1188437 1363367 1188437 476916 263482 16502293 17531380 1372014 1265656 15130279 16265724 See Schedule O false false 814017 1080205 To provide housing for students, interns, residents and other Allied Health professionals training at Charleston Area Medical Center, Inc., a non-stock, nonprofit corporation organized under the laws of the state of West Virginia and Robert C. Byrd Health Sciences Center of West Virginia University, Charleston Division WVU Charleston, a part of the West Virginia University to help aid, assist and advance education by providing housing for students, interns, residents and other Allied Health professionals to construct, acquire, establish, enlarge, improve, operate and maintain apartments and to rent such apartments to such persons and their families and to assist generally in the educational undertakings of CAMC or WVU Charleston. 814017 true false false false false false false false false false true false false false true true true false false false false false false false false false false false false true true false false false false false false false false false true false false false false false true false false false true 17 0 false 0 false false false false false false false 0 false false false false false false false X 7 4 false false false false false true false true true false false false true true true false false false false false WV X Charlotte Mosley 3043887611 501 Morris Street Charleston WV 25301 X David L Ramsey President & CEO 1.00 56.50 X X 0 1993786 166948 Shelda A Martin MD Director 1.00 39.00 X 0 363651 33674 Chad Hovis Treasurer 2.00 50.00 X 0 274672 121770 Jack L Webb Secretary 40.00 0.00 X 0 69263 39069 James P Griffith MD Vice President 1.00 0.00 X X 0 0 0 John Linton PhD Director 1.00 0.00 X 0 0 0 Brad M Rowe Director 1.00 0.00 X 0 0 0 Jon Cavendish Director 1.00 0.00 X 0 0 0 Richard C Sinclair Director 1.00 0.00 X 0 0 0 2701372 361461 0 false true false Charleston Area Medical Center Inc 501 Morris Street Charleston WV 25326 Management Services 350000 1 0 Program Service Revenue 531110 1080205 1080205 1080205 357691 357691 0 0 0 111622 97599 14023 14023 14023 0 0 0 0 1451919 1080205 371714 0 0 0 0 0 0 0 0 0 0 350000 350000 0 12797 12797 0 0 11623 11623 22803 22803 0 2863 2863 0 0 193758 193758 0 0 0 35938 35938 0 279789 279789 30980 30980 Repairs and Maintenance 186520 186520 Minor Durables 25247 25247 Other Taxes 24500 24500 Banking Fees 9784 9784 1835 1835 1188437 814017 374420 0 194831 170141 0 0 12214 15510 0 0 0 0 0 14851422 9879586 5053408 4971836 11241840 12373893 0 0 0 0 16502293 17531380 69870 77544 1640 1190 1193545 1078354 106959 108568 1372014 1265656 X 15130279 16265724 15130279 16265724 16502293 17531380 263482 871963 X false true X true false X X 1 Charleston Area Medical Center Inc 550526150 3 true 0 0 1 0 true false false false false false false false false false false false false false false false Part IV, Section C, Line 1: Control Or Management Of Supported Orgs. David L Ramsey and John Linton, Ph.D are members of the Charleston Area Medical Center Board. 1144273 1144273 13371776 9583648 3788128 335373 295938 39435 4971836 Security Deposits 108568 108568 X 2323882 871963 871963 1451919 1451919 1188437 1188437 1188437 Part X : FIN48 Footnote Part X, Line 2: The Corporation, which is not classified as a private foundation, is exempt from Federal and state income taxes under provisions of the Internal Revenue Code Section 501 c 3 and similar state statutes related to tax-exempt organizations. Accounting principles generally accepted in the United States of America require the management of the Corporation to evaluate tax positions taken by the corporation. Management has evaluated the Corporation's tax positions and concluded that the Corporation had maintained its tax exempt status and had taken no uncertain tax positions that require recognition or disclosure in the financial statements. Therefore, no provision or liability for income taxes has been included in the financial statments. false true false false false false false false false Chad Hovis Treasurer 258403 5000 11269 66148 55622 396442 David L Ramsey President & CEO 1014267 770782 208737 119238 47710 2160734 369417 Shelda A Martin MD Director 347254 16397 13200 20474 397325 Part III, Additional Information Part I, Line 4b: David Ramsey has been paid out his SERP. Chad Hovis is apart of the Defined Contribution SERP- A defined contribution SERP is offered to select executives, with an annual 10 percent of salary contribution. Each annual contribution vests the earlier of 5 years or age 65. Taxes are advanced from vested accounts, with the remaining balance held until termination. All contributions are vested in the event of death, disability, involuntary termination without cause, or voluntary termination for good reason following change of control. Unvested contributions are forfeited for voluntary termination or termination for cause. Under the Execu-Flex Benefit Plan 409A, executives receive 11 percent of their salary in flex allowance. This flex allowance is used to elect executive benefits. Any remaining flex allowance is credited to a tax-deferred Capital Accumulation Account. The minimum vesting period is two years, maximum age is 68. A two year non-compete agreement Substantial Risk of Forfeiture Agreement applies if termination of employment occurs prior to the vesting date. Certain participants had amounts vested and included as reportable compensation this year, as detailed: Dave Ramsey $135,173 A Charleston Building Comm 556000160 2007-06-29 2500000 To build 24 unit housing false false false A 1421646 2500000 2008 false false true true A false false false false false true false true A true false false false true A true David RamseyChad Hovis Officer of both Management false Schedule L, Part V Supplemental Information Schedule L, Part IV, Business Transactions Involving Interested Persons: a Name of Person: David Ramsey & Chad Hovis b. Description of Transaction: Management Services Form 990, Part VI, Section B, Line 11b The 990 for Charleston Medical Center Housing Corporation, Inc. is prepared by the Accounting & Financial Reporting Department of Vandalia Health, Inc. The form is completed by the Housing Corporation accountant and reviewed by the accounting department coordinator and the corporate director for Accounting & Financial Reporting. After those reviews are completed, the Vice President of Finance of CAMC and Treasurer of Charleston Medical Center Housing Corporation, Chad Hovis, completes the final review. The Board of Directors reviews the 990 during its annual meeting after the 990 has been completed. Form 990, Part VI, Section C, Line 19 The corporation does not routinely make its organizing documents, conflict of interest policy or its financial statements available to the public. The corporation will make statements available to the public upon request. Form 990, Part I, Line 1, Description of Organization Mission: To provide housing for students, interns, residents and other Allied Health professionals training at Charleston Area Medical Center, Inc. CAMC, a non-stock, nonprofit corporation organized under the laws of the state of West Virginia and Robert C. Byrd Health Sciences Center of West Virginia University, Charleston Division WVU Charleston, a part of the West Virgina University to help aid, assist and advance education by providing housing for students, interns, residents and other Allied Health professionals to construct, acquire, establish, enlarge, improve, operate and maintain apartments and to rent such apartments to such persons and their families and to assist generally in the educational undertakings of CAMC or WVU Charleston. Form 990, Part VI, Section B, Line 12c: In accordance with the corporation's policy on conflicts of interest, annually each director must complete and sign an individual declaration on conflicts of interest certifying that he or she has read the policy and disclosed any outside activities and interests which may conflict with or suggest a potential conflict with the best interests of the corporation. The individual declarations are reviewed by the President and the Treasurer, both of whom assist the Board and its members in identifying and managing confilict issues arising in connection with the operation of the corporation. Charleston Area Medical Center Inc PO Box 1547 Charleston WV 25326 550526150 Hospital WV 501 c 3 Line 3 Vandalia Health false false false false false false false false false false false false false true false false true false false false Charleston Area Medical Center Inc m 350000 Contract Charleston Area Medical Center Inc p 54195 Reimbursement