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Nonprofiteer
← NOVANT HEALTH INC

Form 990 for tax year 2023

Filed by NOVANT HEALTH INC.

Totals

Total revenue
$4,015,833,950
Total expenses
$3,902,611,082
Contributions and grants received
$16,063,978
Grants paid
$20,250,380
Program services expenses (Part IX)
$2,939,917,323
Management and general expenses
$962,693,759
Fundraising expenses
$0
Program service expenses (Part III)
$2,939,917,323

Program services were 75.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • ALVARO DE MOLINA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.2
  • BEVERLY MOOSE MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.2
  • BRANDON ADCOCK

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.2
  • BRIAN ECKEL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.2
  • CARL ARMATO

    TRUSTEE, PRES/CEO NH

    Total calculated
    $7,026,721
    From this org
    $5,820,530
    From related orgs
    $0
    Other
    $1,206,191
    Hours/week
    50 + 0.2 related

    Schedule J breakdown matched by us

    Base
    $2,316,664
    Bonus
    $2,052,150
    Other
    $1,451,716
    Deferred
    $1,169,800
    Nontaxable benefits
    $36,391
    Filer's total
    $7,026,721
  • CHRISTINE KATZIFF

    TRUSTEE, VICE CHAIR (FR 11/13/23)

    Total calculated
    $0
    Hours/week
    0.2
  • CHRISTOPHER DUGGINS MD

    TRUSTEE (FR 1/1/23)

    Total calculated
    $0
    Hours/week
    0.2
  • DAVID KING

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.2
  • DAVID PLYLER

    TRUSTEE (TO 12/31/23)

    Total calculated
    $0
    Hours/week
    0.2
  • DEBORAH ALLY

    TRUSTEE

    Total calculated
    $395
    From this org
    $395
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.2
  • ELWOOD ROBINSON PHD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.2
  • IAN MCDONALD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.2
  • JAMES AMOS

    SECR/TREAS

    Total calculated
    $0
    Hours/week
    0.2
  • JASON THOMPSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.2
  • JOIA JOHNSON

    TRUSTEE (TO 12/31/23)

    Total calculated
    $295
    From this org
    $295
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.2
  • LAURA SCHULTE

    CHAIR (FR 1/1/23)

    Total calculated
    $0
    Hours/week
    0.2
  • ROBERT BARR MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.2 + 0.2 related
  • THOMAS NEILL

    TRUSTEE (TO 12/31/23)

    Total calculated
    $415
    From this org
    $415
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.2
  • FRED HARGETT

    EVP/CFO (TO 9/6/23)

    Total calculated
    $2,451,375
    From this org
    $2,400,670
    From related orgs
    $0
    Other
    $50,705
    Hours/week
    50 + 0.2 related

    Schedule J breakdown matched by us

    Base
    $886,648
    Bonus
    $1,074,292
    Other
    $439,730
    Deferred
    $19,800
    Nontaxable benefits
    $30,905
    Filer's total
    $2,451,375
  • GEOFFREY GARDNER

    CFO (FR 9/6/23)

    Total calculated
    $1,037,855
    From this org
    $909,106
    From related orgs
    $0
    Other
    $128,749
    Hours/week
    50 + 0.2 related

    Schedule J breakdown matched by us

    Base
    $496,309
    Bonus
    $343,441
    Other
    $69,356
    Deferred
    $98,858
    Nontaxable benefits
    $29,891
    Filer's total
    $1,037,855
  • ANGELA YOCHEM

    EVP (TO 3/28/23)

    Total calculated
    $1,674,158
    From this org
    $1,641,828
    From related orgs
    $0
    Other
    $32,330
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $200,761
    Bonus
    $693,457
    Other
    $747,610
    Deferred
    $8,588
    Nontaxable benefits
    $23,742
    Filer's total
    $1,674,158
  • DENISE MIHAL

    EVP

    Total calculated
    $1,963,192
    From this org
    $1,921,892
    From related orgs
    $0
    Other
    $41,300
    Hours/week
    50 + 0.2 related

    Schedule J breakdown matched by us

    Base
    $856,282
    Bonus
    $842,945
    Other
    $222,665
    Deferred
    $19,800
    Nontaxable benefits
    $21,500
    Filer's total
    $1,963,192
  • FRANK EMORY JR

    EVP

    Total calculated
    $1,852,933
    From this org
    $1,800,483
    From related orgs
    $0
    Other
    $52,450
    Hours/week
    50 + 0.2 related

    Schedule J breakdown matched by us

    Base
    $803,363
    Bonus
    $775,564
    Other
    $221,556
    Deferred
    $19,800
    Nontaxable benefits
    $32,650
    Filer's total
    $1,852,933
  • JAMES DEAN SWINDLE

    EVP

    Total calculated
    $1,436,688
    From this org
    $1,407,268
    From related orgs
    $0
    Other
    $29,420
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $813,794
    Bonus
    $442,283
    Other
    $151,191
    Deferred
    $0
    Nontaxable benefits
    $29,420
    Filer's total
    $1,436,688
  • JEFFERY LINDSAY

    EVP (TO 12/5/23)

    Total calculated
    $2,785,823
    From this org
    $2,741,030
    From related orgs
    $0
    Other
    $44,793
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,250,069
    Bonus
    $1,189,373
    Other
    $301,588
    Deferred
    $19,800
    Nontaxable benefits
    $24,993
    Filer's total
    $2,785,823
  • JESSE CURETON

    EVP (TO 4/27/23)

    Total calculated
    $2,120,317
    From this org
    $2,087,912
    From related orgs
    $0
    Other
    $32,405
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $220,728
    Bonus
    $883,202
    Other
    $983,982
    Deferred
    $6,991
    Nontaxable benefits
    $25,414
    Filer's total
    $2,120,317
  • JOHN GIZDIC

    EVP

    Total calculated
    $2,206,494
    From this org
    $1,943,766
    From related orgs
    $0
    Other
    $262,728
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,005,515
    Bonus
    $858,449
    Other
    $79,802
    Deferred
    $228,334
    Nontaxable benefits
    $34,394
    Filer's total
    $2,206,494
  • KIMBERLY HENDERSON

    EVP

    Total calculated
    $1,241,092
    From this org
    $1,085,117
    From related orgs
    $0
    Other
    $155,975
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $620,747
    Bonus
    $346,188
    Other
    $118,182
    Deferred
    $125,670
    Nontaxable benefits
    $30,305
    Filer's total
    $1,241,092
  • ONYEKA NCHEGE

    SVP

    Total calculated
    $1,107,472
    From this org
    $947,408
    From related orgs
    $0
    Other
    $160,064
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $610,106
    Bonus
    $313,416
    Other
    $23,886
    Deferred
    $117,300
    Nontaxable benefits
    $42,764
    Filer's total
    $1,107,472
  • PAMELA OLIVER MD

    EVP

    Total calculated
    $1,919,426
    From this org
    $1,687,459
    From related orgs
    $0
    Other
    $231,967
    Hours/week
    50 + 0.2 related

    Schedule J breakdown matched by us

    Base
    $803,939
    Bonus
    $705,890
    Other
    $177,630
    Deferred
    $197,000
    Nontaxable benefits
    $34,967
    Filer's total
    $1,919,426
  • BRYAN EDWARDS MD

    SYS PHYS EXEC

    Total calculated
    $1,511,387
    From this org
    $1,338,214
    From related orgs
    $0
    Other
    $173,173
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $719,126
    Bonus
    $472,614
    Other
    $146,474
    Deferred
    $131,388
    Nontaxable benefits
    $41,785
    Filer's total
    $1,511,387
  • CARMEN CANALES

    SVP/CH PPL & BLNG OFF

    Total calculated
    $1,321,030
    From this org
    $1,281,111
    From related orgs
    $0
    Other
    $39,919
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $420,131
    Bonus
    $568,620
    Other
    $292,360
    Deferred
    $14,546
    Nontaxable benefits
    $25,373
    Filer's total
    $1,321,030
  • JACK RAMAGE MD

    GASTROENTEROLOGIST

    Total calculated
    $1,192,066
    From this org
    $1,132,198
    From related orgs
    $0
    Other
    $59,868
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $931,325
    Bonus
    $171,197
    Other
    $29,676
    Deferred
    $19,800
    Nontaxable benefits
    $40,068
    Filer's total
    $1,192,066
  • SWALEH BAHAMADI MD

    ONCOLOGIST

    Total calculated
    $1,278,877
    From this org
    $1,219,009
    From related orgs
    $0
    Other
    $59,868
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $768,887
    Bonus
    $445,512
    Other
    $4,610
    Deferred
    $19,800
    Nontaxable benefits
    $40,068
    Filer's total
    $1,278,877
  • TIMOTHY CHASE MD

    OBSTETRICIAN/GYNECOLOGIST

    Total calculated
    $1,853,278
    From this org
    $1,796,002
    From related orgs
    $0
    Other
    $57,276
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $728,100
    Bonus
    $1,038,225
    Other
    $29,677
    Deferred
    $19,800
    Nontaxable benefits
    $37,476
    Filer's total
    $1,853,278
  • ALLISON GREEAR

    FMR KE (12/31/21)

    Total calculated
    $551,974
    From this org
    $518,105
    From related orgs
    $0
    Other
    $33,869
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $277,624
    Bonus
    $200,897
    Other
    $39,584
    Deferred
    $18,211
    Nontaxable benefits
    $15,658
    Filer's total
    $551,974
  • CHERE GREGORY MD

    FMR KE (12/31/21)

    Total calculated
    $1,056,465
    From this org
    $927,893
    From related orgs
    $0
    Other
    $128,572
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $484,489
    Bonus
    $347,140
    Other
    $96,264
    Deferred
    $93,493
    Nontaxable benefits
    $35,079
    Filer's total
    $1,056,465
  • ERIC ESKIOGLU MD

    FMR KE (11/30/22)

    Total calculated
    $1,635,415
    From this org
    $1,599,799
    From related orgs
    $0
    Other
    $35,616
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $626,977
    Other
    $972,822
    Deferred
    $0
    Nontaxable benefits
    $35,616
    Filer's total
    $1,635,415
  • JONATHAN APPLEBAUM

    FMR KE (12/31/21)

    Total calculated
    $591,244
    From this org
    $546,513
    From related orgs
    $0
    Other
    $44,731
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $294,757
    Bonus
    $210,843
    Other
    $40,913
    Deferred
    $19,277
    Nontaxable benefits
    $25,454
    Filer's total
    $591,244
  • KATHRYN LANGFORD

    FMR KE (12/31/21)

    Total calculated
    $1,091,004
    From this org
    $973,558
    From related orgs
    $0
    Other
    $117,446
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $489,378
    Bonus
    $359,992
    Other
    $124,188
    Deferred
    $97,408
    Nontaxable benefits
    $20,038
    Filer's total
    $1,091,004
  • LAURIE WHALIN

    FMR KE (12/31/21)

    Total calculated
    $782,915
    From this org
    $747,749
    From related orgs
    $0
    Other
    $35,166
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $451,902
    Bonus
    $257,550
    Other
    $38,297
    Deferred
    $19,800
    Nontaxable benefits
    $15,366
    Filer's total
    $782,915
  • SCOTT MYERS

    FMR KE (12/31/21)

    Total calculated
    $1,062,074
    From this org
    $946,449
    From related orgs
    $0
    Other
    $115,625
    Hours/week
    50 + 0.2 related

    Schedule J breakdown matched by us

    Base
    $474,683
    Bonus
    $349,472
    Other
    $122,294
    Deferred
    $95,228
    Nontaxable benefits
    $20,397
    Filer's total
    $1,062,074
  • SHELBOURN STEVENS

    FMR KE (12/31/21)

    Total calculated
    $1,127,633
    From this org
    $1,097,495
    From related orgs
    $0
    Other
    $30,138
    Hours/week
    50 + 0.2 related

    Schedule J breakdown matched by us

    Base
    $306,242
    Bonus
    $475,126
    Other
    $316,127
    Deferred
    $18,144
    Nontaxable benefits
    $11,994
    Filer's total
    $1,127,633
  • TANYA BLACKMON

    FMR KE (3/21/2022)

    Total calculated
    $488,710
    From this org
    $477,570
    From related orgs
    $0
    Other
    $11,140
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $477,570
    Deferred
    $0
    Nontaxable benefits
    $11,140
    Filer's total
    $488,710
  • THOMAS JENIKE MD

    FMR KE (12/31/21)

    Total calculated
    $1,024,688
    From this org
    $886,276
    From related orgs
    $0
    Other
    $138,412
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $433,019
    Bonus
    $331,169
    Other
    $122,088
    Deferred
    $90,302
    Nontaxable benefits
    $48,110
    Filer's total
    $1,024,688
  • WAYNE MORGAN

    FMR KE (6/30/21)

    Total calculated
    $412,065
    From this org
    $368,211
    From related orgs
    $0
    Other
    $43,854
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $273,622
    Bonus
    $64,125
    Other
    $30,464
    Deferred
    $17,679
    Nontaxable benefits
    $26,175
    Filer's total
    $412,065

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · First-class or charter travel
  • 1a · Travel for companions
  • 1a · Discretionary spending account
  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
PART I, LINE 1A: FRINGE OR EXPENSE EXPLANATION FIRST-CLASS OR CHARTER TRAVEL: FIRST-CLASS OR CHARTER TRAVEL IS NOT A COVERED TRAVEL EXPENSE FOR EXECUTIVES; THEY ARE LIMITED TO BUSINESS OR COACH CLASS FARES FOR COMMERCIAL FLIGHTS. HOWEVER, CHARTER TRAVEL IS AVAILABLE TO CERTAIN EXECUTIVES, BOARD MEMBERS, AND APPROVED BUSINESS PERSONNEL MEETING APPLICABLE POLICY CRITERIA. TRAVEL FOR COMPANIONS: COMPANIONS ARE ALLOWED ON CERTAIN CHARTER FLIGHTS PAID FOR BY THE ORGANIZATION. IN THAT CASE, THE VALUE OF THE COMPANION'S FLIGHT IS CALCULATED UNDER APPLICABLE TAX LAWS AND THAT AMOUNT IS INCLUDED IN THE EXECUTIVE'S TAXABLE INCOME AS PRESCRIBED BY THE APPLICABLE TAX LAWS. DISCRETIONARY SPENDING ACCOUNT: CERTAIN EXECUTIVES RECEIVE A DISCRETIONARY SPENDING ACCOUNT. THE DOLLAR AMOUNT IN THE ACCOUNT IS PRE-APPROVED BY THE COMPENSATION AND LEADERSHIP COMMITTEE OF THE NOVANT HEALTH BOARD OF TRUSTEES. THE EXECUTIVE MAY DEFER THE AMOUNT TO A RETIREMENT ACCOUNT OR THE AMOUNT IS TREATED AS COMPENSATION AND IS SPREAD OUT OVER THE COURSE OF THE YEAR IN THE EXECUTIVE'S PAYCHECKS AS TAXABLE INCOME. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: WE PROVIDE TEMPORARY HOUSING ALLOWANCES IN CERTAIN EXECUTIVE RECRUITMENT AND RELOCATION PACKAGES. THE VALUE IS CALCULATED UNDER APPLICABLE TAX LAWS AND THAT AMOUNT IS INCLUDED IN THE EXECUTIVE'S INCOME AS PRESCRIBED BY THE APPLICABLE TAX LAWS.
PART I, LINES 4A-B
PART I, LINES 4A-C: SEVERANCE, NONQUALIFIED, AND EQUITY-BASED PAYMENTS SEVERANCE TANYA BLACKMON $468,469 CARMEN CANALES $253,800 JESSE CURETON $435,458 ERIC ESKIOGLU MD $948,234 SHELBOURN STEVENS $284,834 ANGELA YOCHEM $586,357 NONQUALIFIED JESSE CURETON $378,124 BRYAN EDWARDS MD $102,488 GEOFFREY GARDNER $25,993 CHERE GREGORY MD $73,730 KIMBERLY HENDERSON $66,932 THOMAS JENIKE MD $74,229 KATHRYN LANGFORD $79,061 SCOTT MYERS $75,251 PAMELA OLIVER MD $126,079 ANGELA YOCHEM $126,854 EQUITY-BASED NONE
PART I, LINE 4A - SEVERANCE PLAN:
ELIGIBLE EXECUTIVES MAY RECEIVE SEVERANCE PAY THAT IS BASED ON ANNUAL COMPENSATION FOR A SPECIFIED PERIOD OF TIME. THE SEVERANCE PAY WOULD BE PAID ONLY IN THE EVENT OF CERTAIN TYPES OF EMPLOYMENT TERMINATION, AND IS FURTHER CONTINGENT ON THE SATISFACTION OF OTHER CONDITIONS SUCH AS COMPLIANCE WITH A NON-COMPETITION COVENANT. ANY CURRENT YEAR PAYMENTS HAVE BEEN INCLUDED IN THE COMPENSATION AMOUNTS REPORTED IN PART VII AND IN COLUMN (B)(III) OF SCHEDULE J. THE COMPENSATION AND LEADERSHIP COMMITTEE OF THE NOVANT HEALTH BOARD REVIEWS, APPROVES, AND OVERSEES ALL ASPECTS AND ALL ELEMENTS OF EXECUTIVE COMPENSATION AND BENEFITS, INCLUDING THE AMOUNTS AWARDED UNDER THIS SEVERANCE PLAN.
PART I, LINE 4B - SUPPLEMENTAL NONQUALIFIED RETIREMENT PLANS:
THE SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN ("SERP") IS INTENDED TO SUPPORT RETENTION OF KEY EXECUTIVES, AND TO OFFER COMPETITIVE TOTAL COMPENSATION. GENERALLY, ANNUAL CONTRIBUTIONS TO THE PLAN OR PAYMENTS TO PARTICIPANTS WILL BE BASED ON A PERCENTAGE OF THE PARTICIPANT'S BASE SALARY AS OF JANUARY 1ST OF THE PREVIOUS PLAN YEAR AND ARE REPORTED IN COLUMN (C) OF SCHEDULE J. PRIOR TO MAKING THE CONTRIBUTIONS OR PAYMENTS, THE NOVANT HEALTH COMPENSATION AND LEADERSHIP COMMITTEE ("COMMITTEE") WILL APPROVE THE AMOUNTS AS TO REASONABLENESS, WHEN COMBINED WITH ALL OTHER ANNUAL COMPENSATION. A 3 YEAR CLASS-YEAR VESTING PERIOD WILL APPLY UP TO AGE 62, WHEN ALL MONEY WOULD BE VESTED AND PAID OUT TO THE PARTICIPANT. OTHERWISE, VESTING WILL OCCUR ON JANUARY 1ST OF EACH YEAR FOR THE APPROPRIATE CLASS-YEAR VESTING PERIOD. THE COMMITTEE REVIEWS, APPROVES, AND OVERSEES ALL ASPECTS AND ALL ELEMENTS OF EXECUTIVE COMPENSATION AND BENEFITS, INCLUDING THE AMOUNTS AWARDED UNDER THIS SERP.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.1
Source object
202433199349311768

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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