Official Seal, Everything Is Broken (2026)

Everything Is Broken

Report No. 1 · Nonprofit Hospital Executive Pay vs Charity Care · Annual Report, 2026 edition

West Virginia · Maryland · Ranked 636 of 1033 by CEO pay.

Potomac Valley Hospital of W Va

Mark Boucot, CEO. Fiscal year ending 2024-12.

$560,693
CEO total compensation
Form 990 Part VII, columns D+E+F
1.54%
of expenses spent on charity care
Schedule H Part I line 7a
23.1%
CEO pay as a share of all charity care
Mark Boucot’s pay of $560,693 equals 23.1 percent of the $2,431,867 the system spent on charity care in the same year.

§1The filing

Total revenue
$182,044,942
Total expenses
$157,551,946
Net assets
$85,281,063
Employees
1,024
Hospitals covered
2 facilities across 2 filings
Charity care, net
$2,431,867
Bad debt
$3,502,983
Medicare surplus (shortfall), as filed
$20,390,570
CEO pay from the organization (Part VII col. D)
$179,234
From related organizations (col. E)
$268,850
Other compensation, including deferred pay and nontaxable benefits (col. F)
$112,609
CEO total compensation (D+E+F)
$560,693 to Mark Boucot

Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.

Source: Form 990, Potomac Valley Hospital of W Va, EIN 55-0420956, fiscal year ending 2024-12, as published by the IRS. CEO identification: ceo title.

§2Community benefit versus charity care

What the system reported as total community benefit (Schedule H line 7k)$18.8M Of which charity care to patients who could not pay (line 7a)$2.4M (13%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($3.5M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.

§3Filings in this system

Filing entityEINFY endRevenueCharity care% of expensesFiling
Potomac Valley Hospital of W Va Inc55-04209562024-12$95.6M$328,1850.39%990
Grmc Inc87-18468142024-12$86.5M$2.1M3.19%990

Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.

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Potomac Valley Hospital of W Va: CEO pay $560,693, charity care 1.54% of expenses