Skip to content
Nonprofiteer
← WAKEMED

Form 990 for tax year 2023

Filed by WAKEMED.

Totals

Total revenue
$44,594,904
Total expenses
$51,954,129
Contributions and grants received
$10,902,049
Grants paid
$451,803
Program service revenue
$31,357,580
Investment income
$2,065,450
Other revenue
$269,825
Total assets, end of year
$481,033,732
Total liabilities, end of year
$224,040,015
Net assets or fund balances, end of year
$256,993,717
Program services expenses (Part IX)
$49,730,388
Management and general expenses
$1,294,261
Fundraising expenses
$929,480
Program service expenses (Part III)
$49,730,388

Program services were 95.7% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $164,250

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $10,737,799

  • 1g · Noncash contributions included above

    $691,923

  • 2a · Program service revenue: RELATED RENTAL INCOME

    total $31,357,580 · related or exempt $31,357,580

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $1,687,492 · excluded $1,687,492

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $8,638,085 · other assets $699,365

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

    securities $8,167,398 · other assets $792,094

  • 7c · Gain or loss

    securities $470,687 · other assets -$92,729

  • 7d · Net gain or loss

    total $377,958 · related or exempt $0 · excluded $377,958

  • 8a · Fundraising events: gross income

    $170,695

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

    $164,250

  • 8b · Fundraising events: direct expenses

    $405,053

  • 8c · Net income from fundraising events

    total -$234,358 · excluded -$234,358

  • 11a · Other revenue: INTEREST INCOME - GASB

    total $94,056 · related or exempt $94,056

  • 11b · Other revenue: GAIN/LOSS IN QTS

    total $409,831 · related or exempt $409,831

  • 11c · Other revenue: PURCHASE DISCOUNTS

    total $296 · related or exempt $296

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $504,183

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $333,360 · program services $333,360

  • 2 · Grants to domestic individuals

    total $118,443 · program services $118,443

  • 3 · Grants to foreign organizations and individuals

    total $0 · program services $0

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 6 · Compensation of disqualified persons

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 7 · Other salaries and wages

    total $1,965,847 · program services $1,012,850 · management and general $390,108 · fundraising $562,889

  • 8 · Pension plan contributions

    total $61,075 · program services $8,560 · management and general $21,497 · fundraising $31,018

  • 9 · Other employee benefits

    total $96,120 · program services $13,142 · management and general $33,967 · fundraising $49,011

  • 10 · Payroll taxes

    total $77,932 · program services $12,203 · management and general $26,906 · fundraising $38,823

  • 11a · Fees: management

    total $37,275 · program services $37,275 · management and general $0 · fundraising $0

  • 11b · Fees: legal

    total $7,500 · program services $0 · management and general $7,500 · fundraising $0

  • 11c · Fees: accounting

    total $19,900 · program services $0 · management and general $19,900 · fundraising $0

  • 11d · Fees: lobbying

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11e · Fees: professional fundraising services

    total $7,000 · fundraising $7,000

  • 11f · Fees: investment management

    total $109,324 · program services $0 · management and general $109,324 · fundraising $0

  • 11g · Fees: other

    total $3,979,888 · program services $3,857,707 · management and general $34,974 · fundraising $87,207

  • 12 · Advertising and promotion

    total $122,786 · program services $0 · management and general $0 · fundraising $122,786

  • 13 · Office expenses

    total $486,349 · program services $0 · management and general $455,603 · fundraising $30,746

  • 14 · Information technology

    total $111,435 · program services $0 · management and general $111,435 · fundraising $0

  • 15 · Royalties

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $8,809,129 · program services $8,809,129 · management and general $0 · fundraising $0

  • 17 · Travel

    total $9,320 · program services $0 · management and general $9,320 · fundraising $0

  • 18 · Travel or entertainment for public officials

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $8,274 · program services $0 · management and general $8,274 · fundraising $0

  • 20 · Interest

    total $6,428,488 · program services $6,428,488 · management and general $0 · fundraising $0

  • 21 · Payments to affiliates

    total $2,326,719 · program services $2,326,719 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $19,925,870 · program services $19,925,870 · management and general $0 · fundraising $0

  • 23 · Insurance

    total $387,611 · program services $387,611 · management and general $0 · fundraising $0

  • 24a · Other expenses: WPS-REPAIRS & MAINTENANCE

    total $3,195,867 · program services $3,195,867 · management and general $0 · fundraising $0

  • 24b · Other expenses: Bad Debt

    total $2,946,962 · program services $2,946,962

  • 24c · Other expenses: FND & WPS - MINOR EQUIPMENT

    total $3,531 · program services $3,531

  • 24d · Other expenses: WPS - OTHER EXP

    total $312,671 · program services $312,671

  • 24e · All other expenses

    total $65,453 · program services $0 · management and general $65,453 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,537,843 · end of year $3,287,149

  • 2 · Savings and temporary cash investments

    beginning of year $824,905 · end of year $1,133,911

  • 3 · Pledges and grants receivable

    beginning of year $4,714,900 · end of year $7,619,258

  • 4 · Accounts receivable

    beginning of year $42,298,577 · end of year $9,392,430

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $1,918,293 · end of year $2,558,927

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $686,089 · end of year $1,147,181

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

    $532,738,562

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

    $124,271,685

  • 10c · Land, buildings and equipment, net

    beginning of year $316,539,090 · end of year $408,466,877

  • 11 · Investments: publicly traded securities

    beginning of year $34,799,892 · end of year $42,484,677

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $4,285,765 · end of year $4,695,596

  • 15 · Other assets

    beginning of year $332,546 · end of year $247,726

  • 17 · Accounts payable and accrued expenses

    beginning of year $9,547,104 · end of year $15,080,172

  • 19 · Deferred revenue

    beginning of year $152,572 · end of year $44,923

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $117,340,158 · end of year $208,914,920

  • 27 · Net assets without donor restrictions

    beginning of year $248,859,996 · end of year $202,097,256

  • 28 · Net assets with donor restrictions

    beginning of year $33,038,070 · end of year $54,896,461

Mission and programs · 2023

Mission

TO MAINTAIN AND OPERATE PROPERTIES, AID AND PROMOTE THE IMPROVEMENT AND DEVELOPMENT OF WAKEMED'S EDUCATION AND SCIENTIFIC PROGRAMS, AND TO TRANSFORM HEALTHCARE THROUGH PHILANTHROPY BY RAISING FRIENDS, FUNDS, AND FUTURE LEADERS FOR WAKEMED.

Activities or mission (Part I)

TO IMPROVE THE HEALTH AND WELL-BEING OF OUR COMMUNITY WITH OUTSTANDING AND COMPASSIONATE CARE TO ALL.

  • wakemed property services purchases, leases, and maintains properties in wake, johnston and durham counties for the purposes of leasing or subleasing space to wakemed and other medical providers to expand the accessibility of medical services in the vicinity. property services currently owns and maintains thirty-one (purchase of 200 ashville avenue) properties (including land that is under development), and leases fifty-two properties (fy23 was 51). multiple wakemed departments and physician practices occupy the owned and leased space including four free-standing emergency departments, two ambulatory surgery centers, six outpatient imaging centers, five outpatient rehabilitation departments and a mobile critical care ambulance department. currently, there are one hundred and twenty-three physician practices located in these buildings. a wide variety of care options are offered at each of these facilities and are designed by location and services to enhance care for all residents of the community served. Most locations are leased in areas experiencing rapid growth with limited options for medical care including primary care and specialists.

    Expenses $43,907,501 · Revenue $31,861,763

  • THE WAKEMED FOUNDATION IS A CHARITABLE RESOURCE FOR WAKEMED, SUPPORTING THE HEALTH SYSTEM IN ITS COMMITMENT TO PROVIDING QUALITY HEALTHCARE TO ALL CITIZENS OF THE COMMUNITY. FUNDRAISING ACTIVITIES SUPPORT WAKEMED THROUGH FUNDRAISING AND EDUCATIONAL AWARENESS OF QUALITY HEALTHCARE PROGRAMS AND SERVICES AVAILABLE AT WAKEMED FOR THE CITIZENS OF THE COMMUNITY WITH THE PURPOSE OF PROVIDING PHILANTHROPIC SUPPORT FOR NUMEROUS WAKEMED PROGRAMS AND SERVICES. THE FOUNDATION HAS HELPED FURTHER WAKEMED'S MISSION TO THE COMMUNITY.

    Expenses $5,822,887 · Grants $451,803

As filed on the 2023 return.

Listed in Part VII

  • Aba Forson

    BOD, WakeMed Foundation (until 12/31/23)

    Total calculated
    $0
    Hours/week
    0.5

  • Anna Goodmon MD

    BOD, WakeMed Foundation

    Total calculated
    $0
    Hours/week
    0.5

  • Blount Williams

    BOD, WakeMed Property Services

    Total calculated
    $0
    Hours/week
    2.1 + 2.1 related

  • Brian Reid

    BOD, WakeMed Foundation

    Total calculated
    $0
    Hours/week
    0.5

  • Chris Wrench

    BOD, WakeMed Foundation

    Total calculated
    $0
    Hours/week
    0.5

  • Christina A Shanahan

    BOD, WakeMed Property Services

    Total calculated
    $0
    Hours/week
    1.8 + 1.8 related

  • Creighton Blackwell

    BOD, WakeMed Foundation (until 12/31/25)

    Total calculated
    $0
    Hours/week
    0.5

  • Dan Blue III

    BOD, WakeMed Property Services

    Total calculated
    $0
    Hours/week
    2.1 + 2.1 related

  • Dana Green

    BOD, WakeMed Foundation

    Total calculated
    $0
    Hours/week
    0.5

  • Denny Fingers

    BOD, WakeMed Foundation (until 12/31/23)

    Total calculated
    $0
    Hours/week
    0.5

  • Elizabeth Williamson

    BOD, WakeMed Foundation

    Total calculated
    $0
    Hours/week
    0.5

  • Gavin Shaw

    Secretary, BOD, WakeMed Foundation

    Total calculated
    $0
    Hours/week
    0.5

  • Gloria Becker

    Vice Chair, BOD, WakeMed Foundation

    Total calculated
    $0
    Hours/week
    0.5

  • Greg McNamara

    BOD, WakeMed Foundation

    Total calculated
    $0
    Hours/week
    0.5

  • Henry L Darnell

    BOD, WakeMed Property Services (Until 5/25/24)

    Total calculated
    $0
    Hours/week
    2.3 + 2.3 related

  • James Anthony Penry

    BOD, WakeMed Property Services

    Total calculated
    $0
    Hours/week
    1.8 + 1.8 related

  • Jane D Evans

    BOD, WakeMed Foundation (Until 12/31/23), Chair

    Total calculated
    $0
    Hours/week
    0.5

  • Jeff Edwards

    BOD, WakeMed Foundation

    Total calculated
    $0
    Hours/week
    0.5

  • Jenneth Mitchell

    Treasurer, BOD, WakeMed Foundation

    Total calculated
    $0
    Hours/week
    0.5

  • Jenny Winston

    BOD, WakeMed Foundation

    Total calculated
    $0
    Hours/week
    0.5

  • John Matthews Secretary Ret 122023

    BOD, WakeMed Foundation

    Total calculated
    $0
    Hours/week
    0.5

  • John Sinden MD

    BOD, WakeMed Foundation

    Total calculated
    $0
    Hours/week
    0.5

  • Joy Sloan

    BOD, WakeMed Foundation

    Total calculated
    $0
    Hours/week
    0.5

  • Jun Park

    BOD, WakeMed Foundation

    Total calculated
    $0
    Hours/week
    0.5

  • Karen Chilton MD

    BOD, WM Fnd (From 1/24) SVP & Chief Quality Officer

    Total calculated
    $425,266
    From this org
    $0
    From related orgs
    $405,466
    Other
    $19,800
    Hours/week
    0.5 + 50.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $404,855 related
    Bonus
    $0
    Other
    $0 + $611 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $425,266 related

  • Katie McKenzie

    BOD, WakeMed Foundation (From 1/1/24)

    Total calculated
    $0
    Hours/week
    0.5

  • Keemia Shaw

    BOD, WakeMed Property Services

    Total calculated
    $0
    Hours/week
    1.4 + 1.4 related

  • Kevin McLaughlin

    BOD, WakeMed Foundation (Until 12/31/23)

    Total calculated
    $0
    Hours/week
    0.5

  • Larry Barbour

    BOD, WakeMed Property Services (until 5/25/24)

    Total calculated
    $0
    Hours/week
    2.5 + 2.5 related

  • Larry Long Jr

    BOD, WakeMed Foundation

    Total calculated
    $0
    Hours/week
    0.5

  • Laura Helton MD

    BOD, WakeMed Property Services

    Total calculated
    $0
    Hours/week
    1.8 + 1.8 related

  • Margaret Bratton

    BOD, WM Fnd (until 12/23) BOD, WPS

    Total calculated
    $0
    Hours/week
    2.1 + 2.1 related

  • Mary Nash Rusher

    BOD, WakeMed Property Srvcs & Secretary

    Total calculated
    $0
    Hours/week
    2.1 + 2.1 related

  • Michael Ferguson MD

    BOD, WakeMed Foundation

    Total calculated
    $852,041
    From this org
    $0
    From related orgs
    $806,450
    Other
    $45,591
    Hours/week
    0.5

    Schedule J breakdown matched by us

    Base
    $0 + $622,239 related
    Bonus
    $0 + $182,624 related
    Other
    $0 + $1,587 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $25,791 related
    Filer's total
    $0 + $852,041 related

  • Michael Painter

    BOD, WakeMed Property Services & BOD, WakeMed Foundation

    Total calculated
    $0
    Hours/week
    1.8 + 1.8 related

  • Peter M Scott III

    BOD, WakeMed Property Services

    Total calculated
    $0
    Hours/week
    1.4 + 1.4 related

  • R Michael Gray

    BOD, WakeMed Foundation

    Total calculated
    $0
    Hours/week
    0.5

  • Rasheeda Monroe MD

    BOD, WakeMed Foundation

    Total calculated
    $374,402
    From this org
    $0
    From related orgs
    $354,602
    Other
    $19,800
    Hours/week
    0.5

    Schedule J breakdown matched by us

    Base
    $0 + $343,021 related
    Bonus
    $0 + $11,195 related
    Other
    $0 + $386 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $374,402 related

  • Robert Ange

    BOD, WakeMed Foundation

    Total calculated
    $0
    Hours/week
    0.5

  • Robert C Rice Jr

    BOD, WakeMed Property Services

    Total calculated
    $0
    Hours/week
    2.1 + 2.1 related

  • Satish Garimella

    BOD, WakeMed Property Services

    Total calculated
    $0
    Hours/week
    1.6 + 1.6 related

  • Satish Mathan MD

    Chair, BOD, WakeMed Foundation

    Total calculated
    $0
    Hours/week
    0.5

  • Seth Brody

    BOD, WakeMed Fdn (Until 12/31/23), EVP, Physician Srvcs

    Total calculated
    $663,334
    From this org
    $0
    From related orgs
    $643,534
    Other
    $19,800
    Hours/week
    0.5 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $640,483 related
    Bonus
    $0
    Other
    $0 + $3,051 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $663,334 related

  • Sonia Barnes

    BOD, WakeMed Property Services

    Total calculated
    $0
    Hours/week
    1.8 + 1.8 related

  • Thad L McDonald MD

    BOD, WakeMed Property Services & Chair

    Total calculated
    $0
    Hours/week
    3.2 + 3.2 related

  • David Nussman

    VP, Compliance and Privacy - Interim (Start 12/3/23)

    Total calculated
    $170,090
    From this org
    $0
    From related orgs
    $135,983
    Other
    $34,107
    Hours/week
    0 + 55 related

    Schedule J breakdown matched by us

    Base
    $0 + $135,882 related
    Bonus
    $0
    Other
    $0 + $101 related
    Deferred
    $0 + $8,636 related
    Nontaxable benefits
    $0 + $25,471 related
    Filer's total
    $0 + $170,090 related

  • Dionne Whitaker

    Officer - Secretary

    Total calculated
    $92,757
    From this org
    $0
    From related orgs
    $84,763
    Other
    $7,994
    Hours/week
    0 + 50 related

  • Donald Gintzig

    President & CEO

    Total calculated
    $1,905,182
    From this org
    $0
    From related orgs
    $1,881,664
    Other
    $23,518
    Hours/week
    0 + 80 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,298,722 related
    Bonus
    $0 + $515,468 related
    Other
    $0 + $67,474 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $3,718 related
    Filer's total
    $0 + $1,905,182 related

  • Stephanie Sessoms

    EVP & Chief Financial Officer

    Total calculated
    $391,322
    From this org
    $0
    From related orgs
    $354,686
    Other
    $36,636
    Hours/week
    0 + 65 related

    Schedule J breakdown matched by us

    Base
    $0 + $352,285 related
    Bonus
    $0
    Other
    $0 + $2,401 related
    Deferred
    $0 + $17,063 related
    Nontaxable benefits
    $0 + $19,573 related
    Filer's total
    $0 + $391,322 related

  • Theodore Lotchin

    VP & Chief Compliance & Privacy Officer (Until 2/24)

    Total calculated
    $398,990
    From this org
    $0
    From related orgs
    $352,999
    Other
    $45,991
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $351,020 related
    Bonus
    $0
    Other
    $0 + $1,979 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $26,191 related
    Filer's total
    $0 + $398,990 related

  • Thomas Gough

    EVP & Chief Operating Officer

    Total calculated
    $685,464
    From this org
    $0
    From related orgs
    $665,364
    Other
    $20,100
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $646,916 related
    Bonus
    $0
    Other
    $0 + $18,448 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $300 related
    Filer's total
    $0 + $685,464 related

  • Carolyn Knaup

    SVP - Strategic Ventures & Ambulatory Operations

    Total calculated
    $443,819
    From this org
    $0
    From related orgs
    $404,239
    Other
    $39,580
    Hours/week
    0 + 55 related

    Schedule J breakdown matched by us

    Base
    $0 + $385,586 related
    Bonus
    $0
    Other
    $0 + $18,653 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $19,780 related
    Filer's total
    $0 + $443,819 related

  • Charles Harr

    Chief Medical Officer, Raleigh

    Total calculated
    $474,998
    From this org
    $0
    From related orgs
    $452,133
    Other
    $22,865
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $446,130 related
    Bonus
    $0
    Other
    $0 + $6,003 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $3,065 related
    Filer's total
    $0 + $474,998 related

  • Christine Craig

    VP, Governmental Affairs

    Total calculated
    $360,197
    From this org
    $0
    From related orgs
    $312,198
    Other
    $47,999
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $296,368 related
    Bonus
    $0
    Other
    $0 + $15,830 related
    Deferred
    $0 + $19,358 related
    Nontaxable benefits
    $0 + $28,641 related
    Filer's total
    $0 + $360,197 related

  • Cynthia Alness-Boily

    SVP - Operations & CNO

    Total calculated
    $476,946
    From this org
    $0
    From related orgs
    $434,516
    Other
    $42,430
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $407,597 related
    Bonus
    $0
    Other
    $0 + $26,919 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $22,630 related
    Filer's total
    $0 + $476,946 related

  • Debra Laughery

    VP, Marketing and Communications

    Total calculated
    $362,324
    From this org
    $0
    From related orgs
    $341,675
    Other
    $20,649
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $319,035 related
    Bonus
    $0
    Other
    $0 + $22,640 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $849 related
    Filer's total
    $0 + $362,324 related

  • Doug Trocinski

    CMO, Cary Administration

    Total calculated
    $320,720
    From this org
    $0
    From related orgs
    $307,730
    Other
    $12,990
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $301,332 related
    Bonus
    $0
    Other
    $0 + $6,398 related
    Deferred
    $0 + $9,148 related
    Nontaxable benefits
    $0 + $3,842 related
    Filer's total
    $0 + $320,720 related

  • Gayla Harvey

    VP, Payor Strategy & Managed Care Contracting

    Total calculated
    $355,301
    From this org
    $0
    From related orgs
    $325,256
    Other
    $30,045
    Hours/week
    0 + 48 related

    Schedule J breakdown matched by us

    Base
    $0 + $318,010 related
    Bonus
    $0
    Other
    $0 + $7,246 related
    Deferred
    $0 + $19,279 related
    Nontaxable benefits
    $0 + $10,766 related
    Filer's total
    $0 + $355,301 related

  • Jeff Neisen

    VP, Revenue Cycle

    Total calculated
    $366,065
    From this org
    $0
    From related orgs
    $329,110
    Other
    $36,955
    Hours/week
    0 + 70 related

    Schedule J breakdown matched by us

    Base
    $0 + $265,055 related
    Bonus
    $0
    Other
    $0 + $64,055 related
    Deferred
    $0 + $18,271 related
    Nontaxable benefits
    $0 + $18,684 related
    Filer's total
    $0 + $366,065 related

  • Jeronica Goodwin

    SVP, Human Resources

    Total calculated
    $377,409
    From this org
    $0
    From related orgs
    $348,755
    Other
    $28,654
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $348,214 related
    Bonus
    $0
    Other
    $0 + $541 related
    Deferred
    $0 + $19,586 related
    Nontaxable benefits
    $0 + $9,068 related
    Filer's total
    $0 + $377,409 related

  • John Perry

    VP, Medical Information

    Total calculated
    $441,990
    From this org
    $0
    From related orgs
    $393,549
    Other
    $48,441
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $390,757 related
    Bonus
    $0
    Other
    $0 + $2,792 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $28,641 related
    Filer's total
    $0 + $441,990 related

  • Karen Bash

    Chief Medical Officer, North

    Total calculated
    $412,267
    From this org
    $0
    From related orgs
    $382,508
    Other
    $29,759
    Hours/week
    0 + 55 related

    Schedule J breakdown matched by us

    Base
    $0 + $377,655 related
    Bonus
    $0
    Other
    $0 + $4,853 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $9,959 related
    Filer's total
    $0 + $412,267 related

  • Micah Krempasky

    Chief Medical Officer, Mental Health & Well-Being

    Total calculated
    $402,155
    From this org
    $0
    From related orgs
    $354,244
    Other
    $47,911
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $343,017 related
    Bonus
    $0 + $8,897 related
    Other
    $0 + $2,330 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $28,111 related
    Filer's total
    $0 + $402,155 related

  • Peter Marks

    VP & Chief Information Officer

    Total calculated
    $451,654
    From this org
    $0
    From related orgs
    $427,229
    Other
    $24,425
    Hours/week
    0 + 55 related

    Schedule J breakdown matched by us

    Base
    $0 + $404,853 related
    Bonus
    $0
    Other
    $0 + $22,376 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $4,625 related
    Filer's total
    $0 + $451,654 related

  • Rebecca Andrews

    SVP & Administrator Raleigh

    Total calculated
    $549,818
    From this org
    $0
    From related orgs
    $516,310
    Other
    $33,508
    Hours/week
    0 + 70 related

    Schedule J breakdown matched by us

    Base
    $0 + $489,488 related
    Bonus
    $0
    Other
    $0 + $26,822 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $13,708 related
    Filer's total
    $0 + $549,818 related

  • Rick Shrum

    VP & Chief Strategy Officer

    Total calculated
    $431,937
    From this org
    $0
    From related orgs
    $388,475
    Other
    $43,462
    Hours/week
    0 + 55 related

    Schedule J breakdown matched by us

    Base
    $0 + $382,637 related
    Bonus
    $0
    Other
    $0 + $5,838 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $23,662 related
    Filer's total
    $0 + $431,937 related

  • Susan James

    VP & Chief Legal Officer (Until 12/1/23)

    Total calculated
    $476,953
    From this org
    $0
    From related orgs
    $429,287
    Other
    $47,666
    Hours/week
    0 + 65 related

    Schedule J breakdown matched by us

    Base
    $0 + $427,194 related
    Bonus
    $0
    Other
    $0 + $2,093 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $27,866 related
    Filer's total
    $0 + $476,953 related

  • Thomas Cavender

    VP, Facilities & Construction

    Total calculated
    $401,733
    From this org
    $0
    From related orgs
    $370,225
    Other
    $31,508
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $335,205 related
    Bonus
    $0
    Other
    $0 + $35,020 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $11,708 related
    Filer's total
    $0 + $401,733 related

  • Thomas Hughes

    SVP & Administrator Cary

    Total calculated
    $355,690
    From this org
    $0
    From related orgs
    $333,070
    Other
    $22,620
    Hours/week
    0 + 57 related

    Schedule J breakdown matched by us

    Base
    $0 + $331,601 related
    Bonus
    $0
    Other
    $0 + $1,469 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $2,820 related
    Filer's total
    $0 + $355,690 related

  • Valerie Barlow

    SVP & Administrator North

    Total calculated
    $405,892
    From this org
    $0
    From related orgs
    $357,180
    Other
    $48,712
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $354,283 related
    Bonus
    $0
    Other
    $0 + $2,897 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $28,912 related
    Filer's total
    $0 + $405,892 related

  • Waquiah Ellis

    VP, Nursing

    Total calculated
    $309,673
    From this org
    $0
    From related orgs
    $274,417
    Other
    $35,256
    Hours/week
    0 + 52 related

    Schedule J breakdown matched by us

    Base
    $0 + $271,339 related
    Bonus
    $0
    Other
    $0 + $3,078 related
    Deferred
    $0 + $16,809 related
    Nontaxable benefits
    $0 + $18,447 related
    Filer's total
    $0 + $309,673 related

  • ashish Patel

    Physician

    Total calculated
    $1,586,638
    From this org
    $0
    From related orgs
    $1,538,517
    Other
    $48,121
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $640,470 related
    Bonus
    $0 + $883,853 related
    Other
    $0 + $14,194 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $28,321 related
    Filer's total
    $0 + $1,586,638 related

  • bryon boulton

    Physician

    Total calculated
    $1,495,509
    From this org
    $0
    From related orgs
    $1,449,918
    Other
    $45,591
    Hours/week
    0 + 62 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,082,680 related
    Bonus
    $0 + $363,487 related
    Other
    $0 + $3,751 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $25,791 related
    Filer's total
    $0 + $1,495,509 related

  • gurvinder deol

    Physician

    Total calculated
    $1,364,195
    From this org
    $0
    From related orgs
    $1,313,264
    Other
    $50,931
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $931,780 related
    Bonus
    $0 + $371,900 related
    Other
    $0 + $9,584 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $31,131 related
    Filer's total
    $0 + $1,364,195 related

  • judson williams

    Physician

    Total calculated
    $1,349,295
    From this org
    $0
    From related orgs
    $1,301,145
    Other
    $48,150
    Hours/week
    0 + 80 related

    Schedule J breakdown matched by us

    Base
    $0 + $990,480 related
    Bonus
    $0 + $285,246 related
    Other
    $0 + $25,419 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $28,350 related
    Filer's total
    $0 + $1,349,295 related

  • mark graham

    Physician

    Total calculated
    $1,373,064
    From this org
    $0
    From related orgs
    $1,352,763
    Other
    $20,301
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $507,004 related
    Bonus
    $0 + $818,842 related
    Other
    $0 + $26,917 related
    Deferred
    $0 + $9,900 related
    Nontaxable benefits
    $0 + $10,401 related
    Filer's total
    $0 + $1,373,064 related

  • Roylyn Johnson

    Former Secretary (Until 2/7/23)

    Total calculated
    $138,507
    From this org
    $0
    From related orgs
    $121,785
    Other
    $16,722
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $120,674 related
    Bonus
    $0
    Other
    $0 + $1,111 related
    Deferred
    $0 + $7,351 related
    Nontaxable benefits
    $0 + $9,371 related
    Filer's total
    $0 + $138,507 related

  • Shondra Brink

    Former VP, WakeMed Physician Practices (until 6/3/23)

    Total calculated
    $170,093
    From this org
    $0
    From related orgs
    $155,426
    Other
    $14,667
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $152,425 related
    Bonus
    $0
    Other
    $0 + $3,001 related
    Deferred
    $0 + $9,247 related
    Nontaxable benefits
    $0 + $5,420 related
    Filer's total
    $0 + $170,093 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

  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 7
WakeMed has incentive-based programs that are driven by accomplishing targets associated with Quality of Care for Discharge instructions, Patient Satisfaction and Minimum Operating Benefits.

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

  • WAKEMED

    $270,400

    GENERAL SUPPORT - EMPLOYEE ASSISTANCE

  • SAFE CHILD

    $50,000

    385 CHILDREN'S MEDICAL EVALUATIONS

  • WAKE EMERGENCY PHYSICIANS PA

    $12,960

    WEPPA FELLOWSHIP

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.

  • WAKEMED

    501(c)(3) · HOSPITAL · NC

    Directly controlled by NA

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.

  • QUALITY TEXTILE SERVICES

    C Corporation · TEXTILE SERVICES · NC · 50% owned · share of income $409,831 · share of assets $4,965,596

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2023
Filed
14 August 2025
IRS schema version
2023v6.0
Source object
202512269349303356

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

The source document this was parsed from is served over the API, which is where bulk and document access live.