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← NORTH CAROLINA HEALTHCARE FOUNDATION INC

Form 990 for tax year 2023

Filed by NORTH CAROLINA HEALTHCARE FOUNDATION INC.

Totals

Total revenue
$5,276,696
Total expenses
$5,297,274
Contributions and grants received
$5,113,809
Grants paid
$375,593
Program service revenue
$0
Investment income
$170,358
Other revenue
-$7,471
Total assets, end of year
$10,880,998
Total liabilities, end of year
$1,622,925
Net assets or fund balances, end of year
$9,258,073
Program services expenses (Part IX)
$5,278,149
Management and general expenses
$19,125
Fundraising expenses
$0
Program service expenses (Part III)
$5,278,149

Program services were 99.6% 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.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $12,571

  • 1f · All other contributions, gifts and grants

    $5,101,238

  • 1g · Noncash contributions included above

    $7,471

  • 3 · Investment income

    total $169,504 · excluded $169,504

  • 7a · Gross sales of assets other than inventory

    securities $408,195

  • 7b · Less cost or other basis and sales expenses

    securities $407,341

  • 7c · Gain or loss

    securities $854

  • 7d · Net gain or loss

    total $854 · excluded $854

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $12,571

  • 8b · Fundraising events: direct expenses

    $7,471

  • 8c · Net income from fundraising events

    total -$7,471 · excluded -$7,471

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $375,593 · program services $375,593

  • 7 · Other salaries and wages

    total $1,974,715 · program services $1,974,715

  • 8 · Pension plan contributions

    total $62,212 · program services $62,212

  • 9 · Other employee benefits

    total $369,587 · program services $369,587

  • 10 · Payroll taxes

    total $144,022 · program services $144,022

  • 11a · Fees: management

    total $705,677 · program services $705,677

  • 11b · Fees: legal

    total $14,858 · program services $14,858

  • 11c · Fees: accounting

    total $5,668 · program services $5,668

  • 11f · Fees: investment management

    total $19,125 · management and general $19,125

  • 11g · Fees: other

    total $1,072,409 · program services $1,072,409

  • 12 · Advertising and promotion

    total $81,542 · program services $81,542

  • 13 · Office expenses

    total $35,622 · program services $35,622

  • 14 · Information technology

    total $101,155 · program services $101,155

  • 17 · Travel

    total $128,432 · program services $128,432

  • 19 · Conferences, conventions and meetings

    total $166,588 · program services $166,588

  • 24a · Other expenses: MISCELLANEOUS

    total $28,489 · program services $28,489

  • 24b · Other expenses: DUES & SUBSCRIPTIONS

    total $11,580 · program services $11,580

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $7,102,944 · end of year $4,590,275

  • 4 · Accounts receivable

    beginning of year $225,046 · end of year $1,859,485

  • 10a · Land, buildings and equipment: cost or other basis

    $0

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $4,021,516 · end of year $4,431,238

  • 17 · Accounts payable and accrued expenses

    beginning of year $119,883 · end of year $173,174

  • 25 · Other liabilities

    beginning of year $2,279,662 · end of year $1,449,751

  • 27 · Net assets without donor restrictions

    beginning of year $2,960,137 · end of year $3,669,728

  • 28 · Net assets with donor restrictions

    beginning of year $5,989,824 · end of year $5,588,345

Mission and programs · 2023

Mission

TO FOSTER AND ACCELERATE THE COLLECTIVE IMPACT OF HOSPITALS, HEALTH SYSTEMS AND COMMUNITY PARTNERS TO IMPROVE THE HEALTH OF NORTH CAROLINIANS.

  • NORTH CAROLINA COMMUNITY HEALTH PROGRAMS IMPROVE ACCESS TO BETTER HEALTH THROUGH COMMUNITY-BASED NETWORKS OF CARE AND PROGRAMS ADDRESSING CHRONIC HEALTH FOR LOW-INCOME AND UNINSURED INDIVIDUALS WITH CHRONIC HEALTH ISSUES.

    Expenses $2,633,302 · Grants $34,386

  • CARONOVA IS AN INCUBATOR THAT CONNECTS KEY PEOPLE AND ORGANIZATIONS WITH PROMISING INNOVATIONS TO ACCELERATE NECESSARY CHANGE. OUR PURPOSE IS TO ALIGN LEADERS ACROSS THE CAROLINAS IN PURSUIT OF A BETTER AND MORE EQUITABLE SYSTEM OF CARE.

    Expenses $2,136,495 · Grants $104,595

  • EQUITY OF CARE PROGRAMS ADDRESS HEALTH INEQUITIES AND BUILD A PIPELINE OF DIVERSE HEALTHCARE LEADERS WHO REFLECT THE NORTH CAROLINA COMMUNITIES THEY SERVE.

    Expenses $298,242 · Grants $50,000

  • OTHER PROGRAMS ADDRESS IMPROVED HEALTH IN NORTH CAROLINA'S COMMUNITIES WITH A FOCUS ON BEHAVIORAL HEALTH, RURAL HEALTHCARE, HEALTHCARE QUALITY AND PATIENT SAFETY CARE, AND DEVELOPING THE NEXT GENERATION OF HEALTHCARE LEADERS.

    Expenses $210,110 · Grants $186,612

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Vanessa Ervin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Greg Gombar

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Lin B Hollowell III

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Chuck Mantooth

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Allen Smart

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Michael C Tarwater

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Michael R Waldrum MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Phyllis Wingate

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Stephen J Lawler

    PRESIDENT

    Total calculated
    $1,204,362
    From this org
    $0
    From related orgs
    $1,159,950
    Other
    $44,412
    Hours/week
    7.5 + 30 related

    Schedule J breakdown matched by us

    Base
    $0 + $730,300 related
    Bonus
    $0 + $427,502 related
    Other
    $0 + $2,148 related
    Deferred
    $0 + $13,500 related
    Nontaxable benefits
    $0 + $30,912 related
    Filer's total
    $0 + $1,204,362 related
  • Joann Anderson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Juan Austin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Greg Lowe

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Lynda Stanley

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jody Fleming

    SENIOR VICE PRESIDENT

    Total calculated
    $508,241
    From this org
    $0
    From related orgs
    $455,101
    Other
    $53,140
    Hours/week
    1 + 37.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $172,586 related
    Bonus
    $0 + $280,781 related
    Other
    $0 + $1,734 related
    Deferred
    $0 + $31,922 related
    Nontaxable benefits
    $0 + $21,218 related
    Filer's total
    $0 + $508,241 related
  • Cody Hand

    SENIOR VICE PRESIDENT

    Total calculated
    $214,096
    From this org
    $0
    From related orgs
    $194,711
    Other
    $19,385
    Hours/week
    1 + 37.5 related

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0 + $40,000 related
    Other
    $0 + $154,711 related
    Deferred
    $0 + $10,250 related
    Nontaxable benefits
    $0 + $9,135 related
    Filer's total
    $0 + $214,096 related
  • Jeffery Weegar

    CHIEF FINANCIAL OFFICER

    Total calculated
    $372,489
    From this org
    $0
    From related orgs
    $303,039
    Other
    $69,450
    Hours/week
    1 + 37.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $226,589 related
    Bonus
    $0 + $41,108 related
    Other
    $0 + $35,342 related
    Deferred
    $0 + $35,372 related
    Nontaxable benefits
    $0 + $34,078 related
    Filer's total
    $0 + $372,489 related
  • Linwood Jones

    GENERAL COUNSEL (RETIRED)

    Total calculated
    $136,189
    From this org
    $0
    From related orgs
    $136,189
    Other
    $0
    Hours/week
    1 + 37.5 related
  • Mille Harding

    SENIOR VP (RETIRED)

    Total calculated
    $0
    Hours/week
    0 + 37.5 related
  • Julia Wacker

    SENIOR VICE PRESIDENT

    Total calculated
    $324,886
    From this org
    $0
    From related orgs
    $280,710
    Other
    $44,176
    Hours/week
    1 + 37.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $212,585 related
    Bonus
    $0 + $66,985 related
    Other
    $0 + $1,140 related
    Deferred
    $0 + $31,407 related
    Nontaxable benefits
    $0 + $12,769 related
    Filer's total
    $0 + $324,886 related
  • Laponda Edmondson

    VICE PRESIDENT

    Total calculated
    $148,168
    From this org
    $0
    From related orgs
    $128,471
    Other
    $19,697
    Hours/week
    1 + 37.5 related
  • Jill Armbruster

    DIRECTOR

    Total calculated
    $136,334
    From this org
    $0
    From related orgs
    $119,148
    Other
    $17,186
    Hours/week
    1 + 37.5 related
  • Emily Roland

    DIRECTOR

    Total calculated
    $119,422
    From this org
    $0
    From related orgs
    $105,717
    Other
    $13,705
    Hours/week
    1 + 37.5 related
  • Dean Higgins

    DIRECTOR

    Total calculated
    $119,161
    From this org
    $0
    From related orgs
    $106,375
    Other
    $12,786
    Hours/week
    1 + 37.5 related
  • Shelby Lassiter

    DIRECTOR

    Total calculated
    $119,452
    From this org
    $0
    From related orgs
    $109,432
    Other
    $10,020
    Hours/week
    1 + 37.5 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

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 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 3
NCHA, INC., A RELATED ORGANIZATION EMPLOYS AN INDEPENDENT CONSULTING FIRM (GALLAGHER BENEFIT SERVICES) TO REVIEW EXECUTIVE COMPENSATION AND COMPARE IT TO BENCHMARKS OF OTHER STATE HOSPITAL ASSOCIATIONS THROUGHOUT THE COUNTRY. THE EXECUTIVE COMPENSATION COMMITTEE OF NCHA, INC. IS RESPONSIBLE FOR OVERSIGHT AND EVALUATION OF THE COMPENSATION SURVEYS.
PART I, LINES 4A-B
NAME: CODY HAND, DESCRIPTION: PART OF SEVERANCE AGREEMENT, CURRENT YEAR AMOUNT: $23,035. PLAN DESCRIPTION: SEVERANCE PACKAGE INCLUDED MONTHLY SALARY THROUGH MAY 2023.

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

  • TO OBTAIN AN ONSITE TRAINING SOLUTION ALLOWING STAFF TO MAINTAIN CERTIFICATIONS, LEARN NEW SKILLS AND FACILITY HIGH QUALITY, REGULAR PRACTICE TO INCREASE LIFESAVING SKILLS OF PATIENTS.

  • ALLOW STAFF TO PROVIDE HEALTH EQUITY SIMULATION AND ALLOW FOR CAP-APPROVED LEARNING MANAGEMENT SYSTEM TO BE ACQUIRED AND IMPLEMENTED.

  • TO EQUIP STAFF WITH KNOWLEDGE AND TRAINING SPECIFIC TO THE HOSPITAL ON HOW TO RESPOND TO A POTENTIALLY VIOLENT SITUATION WITH DE-ESCALATION TECHNIQUES.

  • TO IDENTIFY NEW WAYS TO RECRUIT AND RETAIN STAFF FOR THEIR SKILLED NURSING FACILITY BY ENHANCING SKILLS, PROMOTING CLASSES & CERTIFICATIONS, AND ENHANCING TRAINING EQUIPMENT.

  • TO ADDRESS SHORTAGE OF HEALTHCARE WORKFORCE BY FOCUSING EFFORTS TO RECRUIT NEW EMPLOYEES AND ENHANCE THE SKILLS OF EXISTING EMPLOYEES.

  • UNIVERSITY HEALTH SYSTEMS OF EASTERN CAROLINA FOUNDATION INC

    $40,261

    TO IMPROVE OUTCOMES OF PATIENTS BY TRAINING FRONTLINE EMPLOYEES OF RURAL HOSPITALS THROUGH LEAN SIX SIGMA GREEN BELT.

  • MARTIN GENERAL HOSPITAL

    $34,386

    TO DEVELOP STAFF BY ENHANCING TRAINING PROGRAMS WHICH WILL IMPROVE PATIENT OUTCOMES.

  • TO SUPPORT THE DEVELOPMENT AND IMPLEMENTATION OF A PRECEPTORSHIP TRAINING PROGRAM TARGETING NURSING STAFF AS A MEANS OF CAREER AND LEADERSHIP DEVELOPMENT AS THEY WORK WITH NEW GRADUATE REGISTERED NURSES, NEWLY HIRED NURSES, AND EXISTING CLINICAL STAFF TO PROVIDE EDUCATIONAL SUPPORT AND SKILLS/COMPETENCIES. IN DOING SO, THE PRECEDING SERVES AS A RECRUITMENT, RETENTION, ENGAGEMENT, AND CAREER DEVELOPMENT STRATEGY WHILE ENSURING THESE INDIVIDUALS ARE SUCCESSFUL IN PROVIDING SAFE, QUALITY PATIENT CARE.

  • HOKE HEALTHCARE LLC

    $25,000

    TO SEND AT LEAST 5 LEADERS TO ATTEND IN-PERSON FIVE-DAY TRAINING PROVIDED BY THE CENTER FOR CREATIVE LEADERSHIP WITH THE OBJECTIVE TO INVEST IN LEADERSHIP SKILLS AND CAPABILITIES OF EMPLOYEES.

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.

  • NCHA INC

    501(C)(6) · ADVOCATES ON BEHALF OF ITS 130 MEMBER HOSPITALS. · NC

  • NCHA INC

    SERVING AS MEMBERSHIP ORGANIZATION FOR 130 HOSPITALS LOCATED IN NC. · NC

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.

  • NORTH CAROLINA HEALTHCARE ENTERPRISES

    C · PROVIDES COST EFFECTIVE RESOURCES FOR NCHA MEMBER HOSPITALS. · NC

  • NORTH CAROLINA HEALTHCARE ENTERPRISES

    C · PROVIDING NCHA MEMBER SOLUTIONS TO SAVE COST. · NC

    Directly controlled by NCHA INC

Provenance

Return type
form_990
Tax year
2023
Filed
5 November 2024
IRS schema version
2023v5.1
Source object
202403119349300725

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