2025-11-17T08:45:45-06:00 2025-06-30 550621482 GRAY GRIFFITH & MAYS AC 707 VIRGINIA STREETEASTSUITE 400 CHARLESTON WV 253012711 990 2024-07-01 550581982 CHARLESTON MEDICAL CENTER HOUSING CORPORATION CHAR 3043450171 101 29TH STREET CHARLESTON WV 25304 CHAD T HOVIS TREASURER 3043450171 2025-11-13 1 1 J RYAN LINDSAY P01835061 3043459400 2024 2025-03-06 01:10:19Z DAVID L RAMSEY 101 29TH STREET CHARLESTON WV 25304 3773765 0 X CAMCMEDICINE.EDU/RESIDENTS-FELLOWS/HOUSING X 1977 WV TO PROVIDE HOUSING FOR STUDENTS, INTERNS, RESIDENTS AND OTHER ALLIED HEALTH PROFESSIONALS TRAINING AT CHARLESTON AREA MEDICAL CENTER, INC. CAMC, A NONSTOCK, 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 TOHELP 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. 8 4 0 4 0 0 0 0 1080205 1230403 371714 796734 0 0 1451919 2027137 0 0 0 0 0 0 0 0 0 1188437 1176955 1188437 1176955 263482 850182 17531380 18008862 1265656 279469 16265724 17729393 X TO PROVIDE HOUSING FOR STUDENTS, INTERNS, RESIDENTS AND OTHER ALLIED HEALTH PROFESSIONALS TRAINING AT CHARLESTON AREA MEDICAL CENTER, INC. CAMC, A NONSTOCK, 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 TOHELP 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. 0 0 750161 1230403 TO PROVIDE HOUSING FOR STUDENTS, INTERNS, RESIDENTS AND OTHER ALLIED HEALTH PROFESSIONALS TRAINING AT CHARLESTON AREA MEDICAL CENTER, INC., A NONSTOCK, 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 ALLIEDHEALTH PROFESSIONALS TO CONSTRUCT, ACQUIRE, ESTABLISH, ENLARGE, IMPROVE, OPERATE AND MAINTAIN APARTMENTS AND TO RENT SUCH APARTMENTS TO SUCH PERSONS AND THEIRFAMILIES AND TO ASSIST GENERALLY IN THE EDUCATIONAL UNDERTAKINGS OF CAMC OR WVU CHARLESTON. 750161 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 12 0 0 0 0 0 0 0 0 0 0 0 0 X 8 4 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 WV X CHARLOTTE MOSLEY 3043887611 501 MORRIS STREET CHARLESTON WV 25301 DAVID L RAMSEY PRESIDENT 1.00 56.50 X X 0 1926954 131609 JAMES P GRIFFITH VICE PRESIDENT 1.00 X X 0 0 0 SHELDA MARTIN DIRECTOR 1.00 39.00 X 0 475382 32334 BRAD ROWE DIRECTOR 1.00 X 0 0 0 JON CAVENDISH DIRECTOR 1.00 X 0 0 0 RICHARD SINCLAIR DIRECTOR 1.00 X 0 0 0 JAMES CAMPBELL DIRECTOR 1.00 X 0 0 0 CHAD HOVIS TREASURER 2.00 50.00 X 0 360988 130761 JACK WEBB SECRETARY 40.00 X 0 70471 39275 0 2833795 333979 0 0 1 0 CHARLESTON AREA MEDICAL CENTER INC 501 MORRIS STREET CHARLESTON WV 25326 MANAGEMENT SERVICES 363000 1 RENTAL INCOME 531110 1230403 1230403 1230403 629686 629686 1913676 1746628 167048 167048 167048 2027137 1230403 0 796734 363000 363000 14626 14626 12275 12275 36893 36893 25495 25495 239785 239785 14815 14815 243829 243829 19524 19524 REPAIRS AND MAINTENANCE 139089 139089 MINOR DURABLES 24800 24800 OTHER TAXES 24563 24563 BANKING FEES 9898 9898 8363 8363 1176955 750161 426794 0 170141 439123 15510 26665 14994651 10123416 4971836 4871235 12373893 12671839 17531380 18008862 77544 84941 1190 53558 1078354 108568 140970 1265656 279469 X 16265724 17729393 16265724 17729393 17531380 18008862 850182 613487 0 X X 0 1 X 1 0 X X 1 CHARLESTON AREA MEDICAL CENTER INC 550526150 3 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART IV, SECTION C, LINE 1: DAVID L RAMSEY AND JAMES CAMPBELL ARE MEMBERS OF THE CHARLESTON AREA MEDICAL CENTER BOARD. 1144273 1144273 13514328 9816036 3698292 336050 307380 28670 4871235 SECURITY DEPOSITS 140970 140970 X 2640624 613487 613487 2027137 0 2027137 1176955 0 1176955 0 1176955 PART X, LINE 2: 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 TAXEXEMPT 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. 0 1 0 0 0 0 0 0 0 DAVID L RAMSEY PRESIDENT 0 1051150 0 619074 0 256730 0 79546 0 52063 0 2058563 0 0 SHELDA MARTIN DIRECTOR 0 412516 0 18373 0 44493 0 13800 0 18534 0 507716 0 0 CHAD HOVIS TREASURER 0 266813 0 52797 0 41378 0 68630 0 62131 0 491749 0 0 PART I, LINE 4B 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 EXECUFLEX 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 NONCOMPETE 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 $154,224 & CHAD HOVIS $29,414 DAVID RAMSEY OFFICER OF BOTH MANAGEMENT 0 CHAD HOVIS OFFICER OF BOTH MANAGEMENT 0 FORM 990, PART VI, SECTION A, LINE 7A THE SLATE OF OFFICERS ARE REVIEWED AND RECOMMENDED BY THE BOARD PRESIDENT DURING THE BOARDS ANNUAL MEETING. AFTER THE RECOMMENDATION, THE SLATE IS APPROVED BY A VOTE OF THE CURRENT DIRECTORS. 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 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. 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 XII, LINE 2C: NO CHANGE IN THE OVERSIGHT PROCESS FROM THE PRIOR YEAR. CHARLESTON AREA MEDICAL CENTER INC PO BOX 1547 CHARLESTON WV 25326 550526150 HOSPITAL WV 501 C 3 LINE 3 VANDALIA HEALTH 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 CHARLESTON AREA MEDICAL CENTER M 363000 CONTRACT CHARLESTON AREA MEDICAL CENTER P 41184 REIMBURSEMENT