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Nonprofiteer
← ALAMANCE REGIONAL MEDICAL CENTER

Form 990 for tax year 2022

Filed by ALAMANCE REGIONAL MEDICAL CENTER.

Totals

Total revenue
$376,242,521
Total expenses
$329,282,769
Contributions and grants received
$465,404
Grants paid
$5,690
Program service revenue
$370,617,968
Investment income
-$227,570
Other revenue
$5,386,719
Total assets, end of year
$720,022,433
Total liabilities, end of year
$39,332,588
Net assets or fund balances, end of year
$680,689,845
Program services expenses (Part IX)
$296,355,061
Management and general expenses
$32,927,708
Fundraising expenses
$0
Program service expenses (Part III)
$296,355,061

Program services were 90.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Cagle Mary Jo

    President & CEO

    Total calculated
    $1,732,949
    From this org
    $0
    From related orgs
    $1,671,452
    Other
    $61,497
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,093,417 related
    Bonus
    $0 + $412,527 related
    Other
    $0 + $165,508 related
    Deferred
    $0 + $57,515 related
    Nontaxable benefits
    $0 + $3,982 related
    Filer's total
    $0 + $1,732,949 related
  • Akin Terrence

    President & Chief Executive Of

    Total calculated
    $1,520,179
    From this org
    $0
    From related orgs
    $1,499,504
    Other
    $20,675
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,736 related
    Bonus
    $0 + $137,329 related
    Other
    $0 + $1,360,439 related
    Deferred
    $0 + $4,633 related
    Nontaxable benefits
    $0 + $16,042 related
    Filer's total
    $0 + $1,520,179 related
  • Rempher Kenneth

    Executive VP & Assistant Secre

    Total calculated
    $1,404,575
    From this org
    $0
    From related orgs
    $1,340,018
    Other
    $64,557
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $79,028 related
    Bonus
    $0 + $734,440 related
    Other
    $0 + $526,550 related
    Deferred
    $0 + $57,515 related
    Nontaxable benefits
    $0 + $7,042 related
    Filer's total
    $0 + $1,404,575 related
  • Priest MD Marlon

    Chief Clinical Officer

    Total calculated
    $1,060,949
    From this org
    $0
    From related orgs
    $964,587
    Other
    $96,362
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $711,496 related
    Bonus
    $0 + $110,922 related
    Other
    $0 + $142,169 related
    Deferred
    $0 + $90,275 related
    Nontaxable benefits
    $0 + $6,087 related
    Filer's total
    $0 + $1,060,949 related
  • Eaton Mandy

    COO

    Total calculated
    $961,084
    From this org
    $0
    From related orgs
    $911,346
    Other
    $49,738
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $654,047 related
    Bonus
    $0 + $158,067 related
    Other
    $0 + $99,232 related
    Deferred
    $0 + $41,000 related
    Nontaxable benefits
    $0 + $8,738 related
    Filer's total
    $0 + $961,084 related
  • Barrow Andrew

    CFO & Secretary

    Total calculated
    $850,569
    From this org
    $0
    From related orgs
    $787,781
    Other
    $62,788
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $581,368 related
    Bonus
    $0 + $142,930 related
    Other
    $0 + $63,483 related
    Deferred
    $0 + $47,512 related
    Nontaxable benefits
    $0 + $15,276 related
    Filer's total
    $0 + $850,569 related
  • Hammock Preston

    SVP & President Moses Cone Hos

    Total calculated
    $745,650
    From this org
    $0
    From related orgs
    $692,272
    Other
    $53,378
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $452,603 related
    Bonus
    $0 + $178,030 related
    Other
    $0 + $61,639 related
    Deferred
    $0 + $40,750 related
    Nontaxable benefits
    $0 + $12,628 related
    Filer's total
    $0 + $745,650 related
  • Carter Robert

    VP & General Counsel

    Total calculated
    $701,891
    From this org
    $0
    From related orgs
    $640,373
    Other
    $61,518
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $484,492 related
    Bonus
    $0 + $109,040 related
    Other
    $0 + $46,841 related
    Deferred
    $0 + $49,633 related
    Nontaxable benefits
    $0 + $11,885 related
    Filer's total
    $0 + $701,891 related
  • Miller John

    CIO & Treasurer

    Total calculated
    $643,661
    From this org
    $0
    From related orgs
    $541,185
    Other
    $102,476
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $368,070 related
    Bonus
    $0 + $101,991 related
    Other
    $0 + $71,124 related
    Deferred
    $0 + $90,275 related
    Nontaxable benefits
    $0 + $12,201 related
    Filer's total
    $0 + $643,661 related
  • Gordon Mark

    SVP & Regional President North

    Total calculated
    $557,711
    From this org
    $503,076
    From related orgs
    $0
    Other
    $54,635
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $353,136
    Bonus
    $99,530
    Other
    $50,410
    Deferred
    $52,097
    Nontaxable benefits
    $2,538
    Filer's total
    $557,711
  • Antrum DNP Vi-Anne

    Executive Vice President and A

    Total calculated
    $519,448
    From this org
    $0
    From related orgs
    $488,469
    Other
    $30,979
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $355,359 related
    Bonus
    $0 + $89,387 related
    Other
    $0 + $43,723 related
    Deferred
    $0 + $27,043 related
    Nontaxable benefits
    $0 + $3,936 related
    Filer's total
    $0 + $519,448 related
  • Adamolekun Michelle

    Executive VP & Assistant Secre

    Total calculated
    $459,741
    From this org
    $0
    From related orgs
    $407,811
    Other
    $51,930
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $355,122 related
    Bonus
    $0
    Other
    $0 + $52,689 related
    Deferred
    $0 + $51,877 related
    Nontaxable benefits
    $0 + $53 related
    Filer's total
    $0 + $459,741 related
  • Cornue Christopher

    Executive VP & Assistant Secre

    Total calculated
    $410,740
    From this org
    $0
    From related orgs
    $396,062
    Other
    $14,678
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $260,179 related
    Bonus
    $0 + $104,184 related
    Other
    $0 + $31,699 related
    Deferred
    $0 + $10,346 related
    Nontaxable benefits
    $0 + $4,332 related
    Filer's total
    $0 + $410,740 related
  • Meador Joe

    Assistant Treasurer

    Total calculated
    $365,112
    From this org
    $0
    From related orgs
    $332,137
    Other
    $32,975
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $261,550 related
    Bonus
    $0 + $51,607 related
    Other
    $0 + $18,980 related
    Deferred
    $0 + $20,500 related
    Nontaxable benefits
    $0 + $12,475 related
    Filer's total
    $0 + $365,112 related
  • Moran Vicki

    VP Operations ARMC

    Total calculated
    $340,508
    From this org
    $301,756
    From related orgs
    $0
    Other
    $38,752
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $226,765
    Bonus
    $53,629
    Other
    $21,362
    Deferred
    $30,763
    Nontaxable benefits
    $7,989
    Filer's total
    $340,508
  • Clapacs MD John

    Physician

    Total calculated
    $335,392
    From this org
    $289,778
    From related orgs
    $0
    Other
    $45,614
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $159,964
    Bonus
    $126,019
    Other
    $3,795
    Deferred
    $45,485
    Nontaxable benefits
    $129
    Filer's total
    $335,392
  • Ravishankar Jayashree

    Physician

    Total calculated
    $325,483
    From this org
    $270,951
    From related orgs
    $0
    Other
    $54,532
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $237,760
    Bonus
    $29,339
    Other
    $3,852
    Deferred
    $48,335
    Nontaxable benefits
    $6,197
    Filer's total
    $325,483
  • Roskelly James

    Executive VP & Assistant Secre

    Total calculated
    $301,923
    From this org
    $0
    From related orgs
    $248,710
    Other
    $53,213
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $211 related
    Bonus
    $0 + $235,712 related
    Other
    $0 + $12,787 related
    Deferred
    $0 + $52,565 related
    Nontaxable benefits
    $0 + $648 related
    Filer's total
    $0 + $301,923 related
  • Fortney Catharine

    Vice President and Chief Compl

    Total calculated
    $280,565
    From this org
    $0
    From related orgs
    $264,228
    Other
    $16,337
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $180,249 related
    Bonus
    $0 + $71,284 related
    Other
    $0 + $12,695 related
    Deferred
    $0 + $7,304 related
    Nontaxable benefits
    $0 + $9,033 related
    Filer's total
    $0 + $280,565 related
  • Smith Rene'

    Assistant Treasurer

    Total calculated
    $254,442
    From this org
    $0
    From related orgs
    $223,637
    Other
    $30,805
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $184,252 related
    Bonus
    $0 + $35,194 related
    Other
    $0 + $4,191 related
    Deferred
    $0 + $25,710 related
    Nontaxable benefits
    $0 + $5,095 related
    Filer's total
    $0 + $254,442 related
  • Faucette Sandra

    Director of Pharmacy

    Total calculated
    $241,642
    From this org
    $204,994
    From related orgs
    $0
    Other
    $36,648
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $173,881
    Bonus
    $25,626
    Other
    $5,487
    Deferred
    $32,348
    Nontaxable benefits
    $4,300
    Filer's total
    $241,642
  • Kitzmiller David

    Assistant Treasurer

    Total calculated
    $228,358
    From this org
    $0
    From related orgs
    $186,438
    Other
    $41,920
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $159,209 related
    Bonus
    $0 + $24,457 related
    Other
    $0 + $2,772 related
    Deferred
    $0 + $29,772 related
    Nontaxable benefits
    $0 + $12,148 related
    Filer's total
    $0 + $228,358 related
  • Haywood Mehee

    Assistant Treasurer

    Total calculated
    $222,790
    From this org
    $0
    From related orgs
    $165,789
    Other
    $57,001
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $139,653 related
    Bonus
    $0 + $23,364 related
    Other
    $0 + $2,772 related
    Deferred
    $0 + $50,272 related
    Nontaxable benefits
    $0 + $6,729 related
    Filer's total
    $0 + $222,790 related
  • Jones Jeffrey

    Chief Financial Officer & Secr

    Total calculated
    $130,996
    From this org
    $0
    From related orgs
    $128,831
    Other
    $2,165
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0 + $49,305 related
    Other
    $0 + $79,526 related
    Deferred
    $0 + $1,187 related
    Nontaxable benefits
    $0 + $978 related
    Filer's total
    $0 + $130,996 related
  • Nelms Jason

    Vice President and Assistant T

    Total calculated
    $45,554
    From this org
    $0
    From related orgs
    $40,119
    Other
    $5,435
    Hours/week
    0 + 40 related
  • Schanel Judith

    Chief Operating Officer

    Total calculated
    $6,228
    From this org
    $0
    From related orgs
    $6,228
    Other
    $0
    Hours/week
    0 + 40 related
  • Boylston MD Yun

    Trustee

    Total calculated
    $0
    Hours/week
    0
  • Campbell PhD Lenora

    Trustee

    Total calculated
    $0
    Hours/week
    0
  • Cone Edward

    Trustee

    Total calculated
    $0
    Hours/week
    0
  • Chandler Thomas

    Trustee

    Total calculated
    $0
    Hours/week
    0
  • Douglas Mae

    Chair, Trustee

    Total calculated
    $0
    Hours/week
    0
  • Hayes William

    Trustee

    Total calculated
    $0
    Hours/week
    0
  • Maxwell MD James

    Vice Chair, Trustee

    Total calculated
    $0
    Hours/week
    0
  • Simms Carole

    Trustee

    Total calculated
    $0
    Hours/week
    0
  • Brandon MD Ashley

    Trustee

    Total calculated
    $0
    Hours/week
    0
  • Samet Arthur

    Trustee

    Total calculated
    $0
    Hours/week
    0
  • Stringer MD Arthur

    Trustee

    Total calculated
    $0
    Hours/week
    0
  • French David

    Trustee

    Total calculated
    $0
    Hours/week
    0
  • Gonzalez Maria

    Trustee

    Total calculated
    $0
    Hours/week
    0

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, and on a Form 990-PF Part VIII's — 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

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 6b · Pay contingent on a related organization's net earnings

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

COMPENSATION CONTINGENT ON NET EARNINGS
FORM 990, SCHEDULE J, PART I, LINE 6b Officers are paid by Moses H Cone Memorial Hospital Operating Corporation, Inc. and participate in the management incentive compensation program. Under this program, a portion of the salary of those at a level of department director and higher is set aside and is contingent on the consolidated health system's performance in several measures, including net earnings. Note: If these measures are not met, their compensation will be below the market level for their job.

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

No itemized grants to organizations on this return.

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2022
Filed
9 August 2024
IRS schema version
2022v5.0
Source object
202422279349301817

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