Form 990 for tax year 2024

Totals

Total revenue

$2,611,253

Total expenses

$2,208,365

Contributions and grants received

$871,014

Grants paid

$876,222

Program service revenue

$81,759

Investment income

$1,658,480

Other revenue

$0

Total assets, end of year

$25,449,057

Total liabilities, end of year

$1,449,035

Net assets or fund balances, end of year

$24,000,022

Program services expenses (Part IX)

$1,874,015

Management and general expenses

$124,666

Fundraising expenses

$209,684

Program service expenses (Part III)

$1,874,015

Program services were 84.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2024

• THE WORKFORCE RECRUITMENT AND RETENTION PROGRAM INCLUDES THE COMMUNITY PRACTITIONER PROGRAM (CPP). THE MAIN PURPOSE IS TO IMPROVE ACCESS TO CARE FOR PATIENTS LIVING IN RURAL AND/OR UNDER-SERVED AREAS OF NORTH CAROLINA. THE CPP RECRUITS AND RETAINS PRIMARY CARE PROVIDERS AS WELL AS GENERAL SURGEONS AND PSYCHIATRISTS THROUGH THE PROVISION OF EDUCATIONAL LOAN REPAYMENT AS WELL AS PRACTICE MANAGEMENT AND CLINICAL QUALITY SERVICES. CPP WORKS IN CONCERT WITH ADDITIONAL WORKFORCE EFFORTS THROUGHOUT THE STATE TO ASSESS HEALTH CARE WORKFORCE NEEDS AND PLAN STRATEGICALLY IN ORDER TO ASSURE A QUALITY PHYSICIAN WORKFORCE FOR UNDER-SERVED PATIENTS AND COMMUNITIES.

  Expenses $1,074,405 · Grants $513,222

• LEADERSHIP DEVELOPMENT INITIATIVES FALL UNDER THE UMBRELLA OF THE KANOF INSTITUTE FOR PHYSICIAN LEADERSHIP (KIPL). KIPL'S MAIN PURPOSE IS TO PREPARE PHYSICIANS TO LEAD IN AN EVOLVING HEALTH CARE SYSTEM. KIPL OPERATES 2 EDUCATION PROGRAMS INCLUDING THE NCMS LEADERSHIP COLLEGE AND HEALTH CARE LEADERSHIP AND MANAGEMENT AND CUSTOMIZED TRAINING FOR PRACTICES SEEKING MORE INDIVIDUALIZED LEARNING.

  Expenses $331,879 · Revenue $81,759

• THE PHYSICIAN WELLNESS PROGRAM DEVOTES RESOURCES TO PHYSICIANS' WELL-BEING TO HELP REDISCOVER THE JOY OF PRACTICING MEDICINE AND THE BEAUTY OF RECONNECTING WITH PATIENTS. EFFORTS ARE FOCUSED ON CHANGING THE CULTURE AROUND SEEKING HELP, GATHERING, AND DISSEMINATING BEST PRACTICES, EDUCATION AND BUILDING FINANCIAL RESOURCES.

  Expenses $230,147 · Grants $150,000

• OTHER PROGRAMS INCLUDE OFFICE-BASED OPIOD TREATMENT AND OUR COMMUNITY HEALTH INITIATIVE.

  Expenses $237,584 · Grants $213,000

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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

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

• DR LORNA BREEN HEROES' FOUNDATION

  $150,000

  PROGRAM SUPPORT

• FAITH PRIMARY CARE

  $100,000

  DISASTER RELIEF

• HENDERSONVILLE PEDIATRICS

  $100,000

  DISASTER RELIEF

• BRIE FOLKNER MD PC

  $15,000

  DISASTER RELIEF

• BILTMORE DERMATOLOGY ASSOCIATES

  $10,000

  DISASTER RELIEF

• DOCTOR T MD PLLC

  $10,000

  DISASTER RELIEF

• FORSNIGHT CENTER FOR SEXUAL HEALTH

  $10,000

  DISASTER RELIEF

• HENDERSONVILLE DERMATOLOGY PLLC

  $10,000

  DISASTER RELIEF

• KINGS CLINIC AND URGENT CARE PLLC

  $10,000

  DISASTER RELIEF

• LEGACY RECOVERY AND WELLNESS PC

  $10,000

  DISASTER RELIEF

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

Provenance

Return type

form_990

Tax year

2024

Filed

7 October 2025

IRS schema version

2024v5.0

Source object

202522809349301567

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

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