Memorial Hospital of William F and Gertrude F Jones Inc
82% goes to programs $0 to raise $100 Strong reserves Growing revenue
Memorial Hospital of William F and Gertrude F Jones Inc is a 501(c)(3) organization based in Wellsville, New York, registered in 1987, with $82,693,777 in FY2023 revenue. CharityIndex grades it A, and it directs about 82% of spending to programs.
191 N Main St, Wellsville, NY, 14895 EIN 22-2807681 Since 1987
Revenue (FY2023)
$82.7M
▲ 5.9% vs prior year
Health median: $840K
Expenses (FY2023)
$75.7M
Net assets
$50.2M
Employees
582
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating82% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Memorial Hospital of William F and Gertrude F Jones Inc: 82% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating8 mo reserves · +8% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Memorial Hospital of William F and Gertrude F Jones Inc: 8 mo reserves · +8% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Memorial Hospital of William F and Gertrude F Jones Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Memorial Hospital of William F and Gertrude F Jones Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Jones memorial hospital is committed to ensuring access to the highest quality healthcare for our community in a caring manner.
Contact & location
- Address
- 191 N Main St, Wellsville, NY, 14895
- City
- Wellsville
- State
- New York
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $35.0M (FY2013) to $82.7M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $46.6MNet assets $50.2M
Operating margin
8.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$96.8M
Total liabilities
$46.6M
Net assets
$50.2M
Salaries & benefits
$33.9M
45% of expenses
Board members
16
12 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $82,693,777▲5.9% | $75,712,234▲2.2% | $50,155,395▲15.1% | $96,754,018▲33.5% | 990 |
| 2022 | $78,117,523▲25.8% | $74,067,556▲21.6% | $43,559,362▲16.7% | $72,495,461▲21.8% | 990 |
| 2021 | $62,105,918▼3.6% | $60,930,246▲13.4% | $37,331,719▲12.2% | $59,496,738▲7.5% | 990 |
| 2020 | $64,421,562▲28.0% | $53,738,228▲18.1% | $33,269,286▲97.6% | $55,322,921▲12.3% | 990 |
| 2019 | $50,327,205▲5.9% | $45,521,349▲8.9% | $16,833,869▲82.2% | $49,277,026▲91.8% | 990 |
| 2018 | $47,524,797▲21.1% | $41,795,553▲5.1% | $9,240,293▲157% | $25,691,943▲13.7% | 990 |
| 2017 | $39,258,974▲4.5% | $39,764,498▲1.7% | $3,601,974▼13.2% | $22,588,674▼7.9% | 990 |
| 2016 | $37,578,519▼0.2% | $39,104,783▲1.3% | $4,150,247▼2.0% | $24,520,297▼15.5% | 990 |
| 2015 | $37,651,306▲4.3% | $38,614,028▲5.5% | $4,236,407▼12.1% | $29,029,036▼4.7% | 990 |
| 2014 | $36,107,691▲3.3% | $36,586,878▲4.3% | $4,817,044▼55.9% | $30,469,933▼2.5% | 990 |
| 2013 | $34,955,231 | $35,084,064▲1.5% | $10,925,107▲112% | $31,235,553▲5.3% | 990 |
| 2012 | — | $34,573,051▲4.9% | $5,144,819▲147% | $29,677,209▲12.8% | 990 |
| 2011 | — | $32,970,815▼4.0% | $2,085,727▼38.9% | $26,317,742▲17.1% | 990 |
| 2010 | — | $34,336,326 | $3,413,181 | $22,471,601 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Paul Axtell Md — $718,000 (0.95% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Paul Axtell Md | Orthopaedic Surgeon | 40 | $718,000 |
| Heather Lanphere Md | Ob/gyn | 40 | $448,077 |
| Zahi Kassas Md | Hospitalist | 40 | $387,850 |
| Saddam Yasin Md | Pediatrician | 40 | $376,383 |
| Nishant Chaudhary Md | Hospitalist | 40 | $368,156 |
| Andres Rubert Md | Chief of Medical Staff | 40 | $365,000 |
| James Helms | Ceo | 40 | $253,654 |
| Boyd Chappell | Cfo | 40 | $222,806 |
| Amy Bennett | Board Member | 2 | — |
| Daniel Johnson | Vice Chairman | 2 | — |
| Ian Jones | Board Member | 2 | — |
| James Knapp | Secretary | 2 | — |
| Jennifer Joyce | Board Member | 2 | — |
| Jenny Bilotta | Treasurer | 2 | — |
| Judith Hopkins | Board Member | 2 | — |
| Karol Marciano | Chairperson | 2 | — |
| Mark Taubman | Board Member | 2 | — |
| Mary Kate Cole | Secretary Until 10/23 | 2 | — |
| Michael Apostolakos | Board Member | 2 | — |
| Rhiannon Sisson | Board Member | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Picco Pulmonary & Internal Medicine | Medical Physician | $1,733,489 |
| Delphi Healthcare | Staffing | $1,307,455 |
| Delphi Hospitalist Services | Staffing | $1,107,591 |
| Jeremy Oosterkamp | Crna | $841,000 |
| Geon Kim | Crna | $805,000 |
Grants received · $193K total
8 grants to Memorial Hospital of William F and Gertrude F Jones Inc totaling $193K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Donor Advised Charitable Giving | Health | 2022 | $50,000 |
| Ayco Charitable Foundation | Medical / public services | 2022 | $25,000 |
| American Heart Association Inc | Heart attack care | 2022 | $20,000 |
| Finger Lakes Performing Provider System Inc | Financial incentive to implement dsrip projects | 2019 | $5,000 |
| Finger Lakes Performing Provider System Inc | Financial incentive to implement dsrip projects | 2018 | $10,000 |
| Finger Lakes Performing Provider System Inc | Financial incentive to implement dsrip projects | 2017 | $7,000 |
| Finger Lakes Performing Provider System Inc | Financial incentive to implement dsrip projects | 2016 | $40,780 |
| Finger Lakes Performing Provider System Inc | Financial incentive to implement dsrip projects | 2015 | $34,769 |
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Frequently asked questions
- Is Memorial Hospital of William F and Gertrude F Jones Inc a legitimate nonprofit?
- Yes. Memorial Hospital of William F and Gertrude F Jones Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-2807681, based in Wellsville, New York. Donations are tax-deductible.
- What is Memorial Hospital of William F and Gertrude F Jones Inc's EIN?
- Memorial Hospital of William F and Gertrude F Jones Inc's Employer Identification Number (EIN) is 22-2807681.
- How much revenue does Memorial Hospital of William F and Gertrude F Jones Inc report?
- Memorial Hospital of William F and Gertrude F Jones Inc reported $82,693,777 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Memorial Hospital of William F and Gertrude F Jones Inc's spending goes to programs?
- Memorial Hospital of William F and Gertrude F Jones Inc spends about 82% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Memorial Hospital of William F and Gertrude F Jones Inc have?
- CharityIndex grades Memorial Hospital of William F and Gertrude F Jones Inc A, based on program efficiency and fundraising cost.
- How much does Memorial Hospital of William F and Gertrude F Jones Inc's highest-paid employee make?
- The highest reported compensation on Memorial Hospital of William F and Gertrude F Jones Inc's latest Form 990 is $718,000, paid to Paul Axtell Md (Orthopaedic Surgeon).
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Data for Memorial Hospital of William F and Gertrude F Jones Inc (EIN 22-2807681) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.