Form 990 for tax year 2025
Filed by CAROLINA HEALTHCARE ASSOCIATES INC.
Totals
- Total revenue
- $0
- Total expenses
- $0
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $0
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $0
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Listed in Part VII
-
MITCH LAMM
CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
BARBARA BIEHNER
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.5 + 0.5 related
-
LARRY BEARD MD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.2
-
MICHAEL JASKOLKA MD
TRUSTEE/PULMONOLOGIST
- Total calculated
- $2,207,122
- From this org
- $0
- From related orgs
- $2,141,775
- Other
- $65,347
- Hours/week
- 45.2
Schedule J breakdown matched by us
- Base
- $0 + $969,692 related
- Bonus
- $0 + $962,679 related
- Other
- $0 + $209,404 related
- Deferred
- $0 + $21,000 related
- Nontaxable benefits
- $0 + $44,347 related
- Filer's total
- $0 + $2,207,122 related
-
ALICE POPE
EVP/CFO
- Total calculated
- $2,715,165
- From this org
- $0
- From related orgs
- $2,380,706
- Other
- $334,459
- Hours/week
- 0.2 + 50 related
Schedule J breakdown matched by us
- Base
- $0 + $1,444,447 related
- Bonus
- $0 + $880,856 related
- Other
- $0 + $55,403 related
- Deferred
- $0 + $316,467 related
- Nontaxable benefits
- $0 + $17,992 related
- Filer's total
- $0 + $2,715,165 related
-
PAMELA OLIVER MD
PRESIDENT
- Total calculated
- $2,278,114
- From this org
- $0
- From related orgs
- $2,027,896
- Other
- $250,218
- Hours/week
- 0.5 + 50 related
Schedule J breakdown matched by us
- Base
- $0 + $925,304 related
- Bonus
- $0 + $891,496 related
- Other
- $0 + $211,096 related
- Deferred
- $0 + $214,473 related
- Nontaxable benefits
- $0 + $35,745 related
- Filer's total
- $0 + $2,278,114 related
-
CAROL YOUNG
PULMONOLOGIST
- Total calculated
- $453,448
- From this org
- $191,079
- From related orgs
- $242,062
- Other
- $20,307
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $184,618 + $215,387 related
- Bonus
- $5,000 + $19,246 related
- Other
- $1,461 + $7,429 related
- Deferred
- $11,077 + $9,230 related
- Nontaxable benefits
- $0
- Filer's total
- $202,156 + $251,292 related
-
MARK YASSA
FACULTY/PHYSICIAN
- Total calculated
- $443,741
- From this org
- $401,144
- From related orgs
- $0
- Other
- $42,597
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $337,754
- Bonus
- $37,958
- Other
- $25,432
- Deferred
- $13,574
- Nontaxable benefits
- $29,023
- Filer's total
- $443,741
-
JOHN MANN MD
FMR OFFICER (12/31/22)
- Total calculated
- $1,770,901
- From this org
- $0
- From related orgs
- $1,570,479
- Other
- $200,422
- Hours/week
- 0 + 45 related
Schedule J breakdown matched by us
- Base
- $0 + $877,564 related
- Bonus
- $0 + $536,993 related
- Other
- $0 + $155,922 related
- Deferred
- $0 + $159,901 related
- Nontaxable benefits
- $0 + $40,521 related
- Filer's total
- $0 + $1,770,901 related
-
NAVIN BHOJWANI MD
FMR OFFICER (12/31/22)
- Total calculated
- $1,329,189
- From this org
- $0
- From related orgs
- $1,172,111
- Other
- $157,078
- Hours/week
- 0 + 45 related
Schedule J breakdown matched by us
- Base
- $0 + $584,214 related
- Bonus
- $0 + $446,590 related
- Other
- $0 + $141,307 related
- Deferred
- $0 + $114,584 related
- Nontaxable benefits
- $0 + $42,494 related
- Filer's total
- $0 + $1,329,189 related
-
AMY MESSIER
FMR OFFICER (12/31/22)
- Total calculated
- $662,012
- From this org
- $0
- From related orgs
- $601,301
- Other
- $60,711
- Hours/week
- 0 + 45 related
Schedule J breakdown matched by us
- Base
- $0 + $427,226 related
- Bonus
- $0 + $119,469 related
- Other
- $0 + $54,606 related
- Deferred
- $0 + $21,000 related
- Nontaxable benefits
- $0 + $39,711 related
- Filer's total
- $0 + $662,012 related
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
- 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
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 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
- FRINGE OR EXPENSE EXPLANATION FIRST-CLASS OR CHARTER TRAVEL: EXECUTIVES ARE LIMITED TO BUSINESS OR COACH CLASS FOR COMMERCIAL FLIGHTS. HOWEVER, CHARTER TRAVEL IS AVAILABLE FOR CERTAIN EXECUTIVES, BOARD MEMBERS, AND APPROVED BUSINESS PERSONNEL WHO MEET POLICY CRITERIA AND OBTAIN APPROPRIATE APPROVALS. TRAVEL FOR COMPANIONS: COMPANIONS ARE ALLOWED AS PASSENGERS ON CERTAIN CHARTER FLIGHTS PAID BY THE ORGANIZATION. THE VALUE OF THE COMPANION'S FLIGHT IS CALCULATED USING APPLICABLE TAX LAW. THE CALCULATED AMOUNT IS INCLUDED IN THE EXECUTIVES TAXABLE COMPENSATION INCOME AS PRESCRIBED BY APPLICABLE TAX LAW. 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: TEMPORARY HOUSING ALLOWANCES ARE INCLUDED IN CERTAIN EXECUTIVE RECRUITMENT AND RELOCATION PACKAGES. THE TAXABLE VALUE OF THESE ARRANGEMENTS IS CALCULATED AND INCLUDED IN THE EXECUTIVE'S TAXABLE COMPENSATION IN ACCORDANCE WITH APPLICABLE FEDERAL LAW AND REGULATIONS.
- PART I, LINE 3
- PART I, LINE 3: THE FILING ORGANIZATION IS AN INTEGRAL PART OF NOVANT HEALTH, AN INTEGRATED HEALTHCARE SYSTEM AND RELIES UPON NOVANT HEALTH, INC., THE PARENT ORGANIZATION, TO USE THE PROCESS DESCRIBED IN PART VI, LINE 15A/15B OF THIS RETURN TO ESTABLISH COMPENSATION FOR CERTAIN EXECUTIVES. THIS PROCESS ADHERES TO THE REQUIREMENTS SET FORTH TO SECURE THE REBUTTABLE PRESUMPTION OF REASONABLENESS AND INCLUDES A REVIEW AND APPROVAL BY INDEPENDENT AND DISINTERESTED MEMBERS OF A COMPENSATION COMMITTEE, CONSULTATION WITH INDEPENDENT COMPENSATION CONSULTANTS, THE UTILIZATION OF THIRD-PARTY COMPARABILITY DATA SUCH AS PUBLISHED COMPENSATION SURVEYS, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION.
- PART I, LINE 4B
- PART I, LINES 4A-C: SEVERANCE, NONQUALIFIED, AND EQUITY-BASED PAYMENTS SEVERANCE NONE NONQUALIFIED JOHN MANN MD $104,611 NAVIN BHOJWANI MD $91,581 PAMELA OLIVER MD $158,465 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
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.
-
BRUNSWICK NOVANT MEDICAL CENTER FOUNDATION
501(C)(3) · FUNDRAISING · NC
Directly controlled by BRUNSWICK COMMUNITY HOSPITAL LLC
-
COMMUNITY GENERAL HOSPITAL FOUNDATION INC
501(C)(3) · FUNDRAISING · NC
Directly controlled by NOVANT HEALTH THOMASVILLE MEDICAL CENTER LLC
-
FORSYTH MEDICAL CENTER FOUNDATION
501(C)(3) · FUNDRAISING · NC
Directly controlled by FORSYTH MEMORIAL HOSPITAL INC
-
501(C)(3) · HEALTHCARE · NC
Directly controlled by NOVANT HEALTH TRIAD REGION LLC
-
NEW HANOVER REGIONAL MEDICAL CENTER FOUNDATION INC
501(C)(3) · FUNDRAISING · NC
Directly controlled by NOVANT HEALTH NEW HANOVER REGIONAL MEDICAL CENTER LLC
-
501(C)(3) · HEALTHCARE · NC
Directly controlled by PENDER MEMORIAL HOSPITAL INC
-
501(C)(3) · HEALTHCARE · NC
-
501(C)(3) · HEALTHCARE · NC
Directly controlled by NOVANT HEALTH NEW HANOVER REGIONAL MEDICAL CENTER LLC
-
PRESBYTERIAN HOSPITAL FOUNDATION
501(C)(3) · FUNDRAISING · NC
Directly controlled by NOVANT HEALTH SOUTHERN PIEDMONT REGION LLC
-
ROWAN REGIONAL MEDICAL CENTER AUXILIARY
501(C)(3) · GIFT SHOP · NC
Directly controlled by NOVANT HEALTH ROWAN MEDICAL CENTER LLC
-
ROWAN REGIONAL MEDICAL CENTER FOUNDATION INC
501(C)(3) · FUNDRAISING · NC
Directly controlled by ROWAN HEALTH SERVICES LLC
-
501(C)(3) · HEALTHCARE · NC
Directly controlled by NOVANT HEALTH SOUTHERN PIEDMONT REGION LLC
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 corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
C · INACTIVE · NC
-
C · MANAGED CARE · NC
-
C · INACTIVE · NC
-
KERNERSVILLE MEDICAL CENTER PARK OWNERS' ASSOCIATION
C · REAL PROPERTY MGMT · NC
-
C · DIAGNOSTIC IMAGING · DE
-
C · INACTIVE · NC
-
C · INACTIVE · NC
-
NOVANT HEALTH AFFILIATE II INC
C · INACTIVE · NC
Assets distributed on this return
Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.
-
$26,493,754
Liquidation · OTHER · Jul 31, 2025 · 501 (C) (3)
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 15 June 2026
- IRS schema version
- 2025v4.1
- Source object
- 202621669349301577
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