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 ErvinVANESSA ERVIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Greg GombarGREG GOMBAR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Lin B Hollowell IIILIN B HOLLOWELL III
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Chuck MantoothCHUCK MANTOOTH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Allen SmartALLEN SMART
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael C TarwaterMICHAEL C TARWATER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael R Waldrum MDMICHAEL R WALDRUM MD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Phyllis WingatePHYLLIS WINGATE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Stephen J LawlerSTEPHEN 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 AndersonJOANN ANDERSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Juan AustinJUAN AUSTIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Greg LoweGREG LOWE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Lynda StanleyLYNDA STANLEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jody FlemingJODY 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 HandCODY 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 WeegarJEFFERY 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 JonesLINWOOD 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 HardingMILLE HARDING
SENIOR VP (RETIRED)
- Total calculated
- $0
- Hours/week
- 0 + 37.5 related
-
Julia WackerJULIA 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 EdmondsonLAPONDA 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 ArmbrusterJILL 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 RolandEMILY 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 HigginsDEAN 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 LassiterSHELBY 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
-
$50,000
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.
-
$50,000
TO EQUIP STAFF WITH KNOWLEDGE AND TRAINING SPECIFIC TO THE HOSPITAL ON HOW TO RESPOND TO A POTENTIALLY VIOLENT SITUATION WITH DE-ESCALATION TECHNIQUES.
-
$49,595
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.
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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