Form 990 for tax year 2024
Filed by SELF INSURANCE FUND - NOVANT HEALTH INC.
Totals
- Total revenue
- $2,460
- Total expenses
- $4,631
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $2,460
- 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)
- $4,631
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $4,631
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
DENISE MIHAL
CHAIR/EVP
- Total calculated
- $2,017,153
- From this org
- $0
- From related orgs
- $1,983,434
- Other
- $33,719
- Hours/week
- 0.2 + 50 related
Schedule J breakdown matched by us
- Base
- $0 + $878,062 related
- Bonus
- $0 + $871,473 related
- Other
- $0 + $233,899 related
- Deferred
- $0 + $20,700 related
- Nontaxable benefits
- $0 + $13,019 related
- Filer's total
- $0 + $2,017,153 related
-
FRANK EMORY JR
TRUSTEE/EVP
- Total calculated
- $1,929,101
- From this org
- $0
- From related orgs
- $1,881,320
- Other
- $47,781
- Hours/week
- 0.2 + 50 related
Schedule J breakdown matched by us
- Base
- $0 + $828,360 related
- Bonus
- $0 + $826,334 related
- Other
- $0 + $226,626 related
- Deferred
- $0 + $20,700 related
- Nontaxable benefits
- $0 + $27,081 related
- Filer's total
- $0 + $1,929,101 related
-
JULIA HYETT
TRUSTEE/VP CORP INSURANCE
- Total calculated
- $353,559
- From this org
- $0
- From related orgs
- $323,731
- Other
- $29,828
- Hours/week
- 0.2 + 45 related
Schedule J breakdown matched by us
- Base
- $0 + $232,494 related
- Bonus
- $0 + $60,004 related
- Other
- $0 + $31,233 related
- Deferred
- $0 + $10,454 related
- Nontaxable benefits
- $0 + $19,374 related
- Filer's total
- $0 + $353,559 related
-
NAN HOLLAND
TRUSTEE/VP RISK MGMT
- Total calculated
- $395,818
- From this org
- $0
- From related orgs
- $364,005
- Other
- $31,813
- Hours/week
- 0.2 + 45 related
Schedule J breakdown matched by us
- Base
- $0 + $259,390 related
- Bonus
- $0 + $67,509 related
- Other
- $0 + $37,106 related
- Deferred
- $0 + $15,396 related
- Nontaxable benefits
- $0 + $16,417 related
- Filer's total
- $0 + $395,818 related
-
SCOTT MYERS
TRUSTEE/SVP CORP FINANCE
- Total calculated
- $1,071,364
- From this org
- $0
- From related orgs
- $961,679
- Other
- $109,685
- Hours/week
- 0.2 + 50 related
Schedule J breakdown matched by us
- Base
- $0 + $489,275 related
- Bonus
- $0 + $353,029 related
- Other
- $0 + $119,375 related
- Deferred
- $0 + $96,128 related
- Nontaxable benefits
- $0 + $13,557 related
- Filer's total
- $0 + $1,071,364 related
-
STANLEY FULLER MD
TRUSTEE/SVP CCO
- Total calculated
- $1,180,093
- From this org
- $0
- From related orgs
- $1,033,679
- Other
- $146,414
- Hours/week
- 0.2 + 45 related
Schedule J breakdown matched by us
- Base
- $0 + $571,509 related
- Bonus
- $0 + $413,047 related
- Other
- $0 + $49,123 related
- Deferred
- $0 + $106,664 related
- Nontaxable benefits
- $0 + $39,750 related
- Filer's total
- $0 + $1,180,093 related
-
GEOFFREY GARDNER
CFO (TO 5/12/24)
- Total calculated
- $1,299,829
- From this org
- $0
- From related orgs
- $1,254,251
- Other
- $45,578
- Hours/week
- 0.2 + 50 related
Schedule J breakdown matched by us
- Base
- $0 + $457,289 related
- Bonus
- $0 + $732,220 related
- Other
- $0 + $64,742 related
- Deferred
- $0 + $20,700 related
- Nontaxable benefits
- $0 + $24,878 related
- Filer's total
- $0 + $1,299,829 related
-
ALICE POPE
CFO (FR 5/13/24)
- Total calculated
- $999,640
- From this org
- $0
- From related orgs
- $991,687
- Other
- $7,953
- Hours/week
- 0.2 + 50 related
Schedule J breakdown matched by us
- Base
- $0 + $824,113 related
- Bonus
- $0
- Other
- $0 + $167,574 related
- Deferred
- $0
- Nontaxable benefits
- $0 + $7,953 related
- Filer's total
- $0 + $999,640 related
-
ERIC ESKIOGLU MD
FMR TRUSTEE (TO 12/1/22)/FMR KE
- Total calculated
- $105,023
- From this org
- $0
- From related orgs
- $100,800
- Other
- $4,223
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- $0
- Bonus
- $0
- Other
- $0 + $100,800 related
- Deferred
- $0
- Nontaxable benefits
- $0 + $4,223 related
- Filer's total
- $0 + $105,023 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
- 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 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, LINES 4A-B
- PART I, LINES 4A-C: SEVERANCE, NONQUALIFIED, AND EQUITY-BASED PAYMENTS SEVERANCE ERIC ESKIOGLU MD $97,612 NONQUALIFIED STANLEY FULLER MD $85,964 SCOTT MYERS $75,428 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.
-
AUXILIARY OF FORSYTH MEMORIAL HOSPITAL
501(C)(3) · GIFT SHOP · NC
Directly controlled by FORSYTH MEMORIAL HOSPITAL INC
-
BRUNSWICK NOVANT MEDICAL CENTER FOUNDATION
501(C)(3) · FUNDRAISING · NC
Directly controlled by BRUNSWICK COMMUNITY HOSPITAL LLC
-
CAROLINA HEALTHCARE ASSOCIATES INC
501(C)(3) · HEALTHCARE STAFFING · NC
Directly controlled by NOVANT HEALTH NEW HANOVER REGIONAL MEDICAL CENTER 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
-
FOUNDATION HEALTH SYSTEMS CORP
501(C)(3) · HEALTHCARE · NC
Directly controlled by NOVANT HEALTH INC
-
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 NMG SERVICES LLC
-
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 NOVANT HEALTH ROWAN MEDICAL CENTER 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 · ADMIN SERVICES · NC
-
C · MANAGED CARE · NC
-
C · RENTAL REAL ESTATE · 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.
-
$9,111,611
Liquidation · OTHER · Mar 11, 2024 · 501(C)(3)
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 February 2025
- IRS schema version
- 2024v5.0
- Source object
- 202540459349300919
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