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Nonprofiteer
← WAKEMED

Form 990 for tax year 2022

Filed by WAKEMED.

Totals

Total revenue
$2,067,993,368
Total expenses
$2,092,838,776
Contributions and grants received
$7,286,893
Grants paid
$2,184,378
Program service revenue
$2,042,419,768
Investment income
$16,892,187
Other revenue
$1,394,520
Total assets, end of year
$1,866,139,975
Total liabilities, end of year
$1,098,502,248
Net assets or fund balances, end of year
$767,637,727
Program services expenses (Part IX)
$1,832,089,283
Management and general expenses
$260,749,493
Fundraising expenses
$0
Program service expenses (Part III)
$1,832,089,283

Program services were 87.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • BLOUNT WILLIAMS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2.5 + 2.5 related

  • DAN BLUE III

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • HENRY L DARNELL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • JAMES ANTHONY PENRY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • KEEMIA SHAW

    BOARD MEMBER (FROM 6/5/2023)

    Total calculated
    $0
    Hours/week
    1.8 + 1.8 related

  • LARRY BARBOUR

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2.3 + 2.3 related

  • LAURA HELTON MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.8 + 1.8 related

  • MARGARET BRATTON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2.5 + 0.5 related

  • MARY NASH RUSHER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • MICHAEL PAINTER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • ROBERT C RICE JR

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2.5 + 2.5 related

  • SATISH GARIMELLA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.8 + 1.8 related

  • SONIA BARNES

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • THAD L MCDONALD MD

    BOARD MEMBER, CHAIR (BEGIN 05/2023)

    Total calculated
    $0
    Hours/week
    2.5 + 2.5 related

  • WILLY E STEWART

    CHAIR, BOARD OF DIRECTORS (UNTIL 5/25/2023)

    Total calculated
    $0
    Hours/week
    2.3 + 2.3 related

  • DIONNE WHITAKER

    OFFICER - SECRETARY (FROM 2/7/2023)

    Total calculated
    $78,158
    From this org
    $70,988
    From related orgs
    $0
    Other
    $7,170
    Hours/week
    50

  • DONALD GINTZIG

    PRESIDENT & CEO

    Total calculated
    $1,939,598
    From this org
    $1,919,853
    From related orgs
    $0
    Other
    $19,745
    Hours/week
    80

    Schedule J breakdown matched by us

    Base
    $1,240,102
    Bonus
    $618,964
    Other
    $60,787
    Deferred
    $16,072
    Nontaxable benefits
    $3,673
    Filer's total
    $1,939,598

  • RICK CARRICO (UNTIL 1282023)

    CHIEF FINANICAL OFFICER

    Total calculated
    $695,321
    From this org
    $647,187
    From related orgs
    $0
    Other
    $48,134
    Hours/week
    70

    Schedule J breakdown matched by us

    Base
    $619,333
    Bonus
    $0
    Other
    $27,854
    Deferred
    $18,300
    Nontaxable benefits
    $29,834
    Filer's total
    $695,321

  • ROYLYN JOHNSON

    OFFICER - SECRETARY (UNTIL 2/7/2023)

    Total calculated
    $134,276
    From this org
    $116,790
    From related orgs
    $0
    Other
    $17,486
    Hours/week
    50

  • STEPHANIE SESSOMS (FROM 1282023)

    INTERIM CFO & SVP, FINANCE

    Total calculated
    $431,394
    From this org
    $283,530
    From related orgs
    $0
    Other
    $147,864
    Hours/week
    65

    Schedule J breakdown matched by us

    Base
    $282,300
    Bonus
    $0
    Other
    $1,230
    Deferred
    $14,392
    Nontaxable benefits
    $133,472
    Filer's total
    $431,394

  • THEODORE LOTCHIN

    VP & CHIEF COMPLIANCE & PRIVACY OFFICER

    Total calculated
    $388,712
    From this org
    $345,651
    From related orgs
    $0
    Other
    $43,061
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $345,110
    Bonus
    $0
    Other
    $541
    Deferred
    $18,300
    Nontaxable benefits
    $24,761
    Filer's total
    $388,712

  • THOMAS GOUGH

    EVP & CHIEF OPERATING OFFICER

    Total calculated
    $657,885
    From this org
    $638,625
    From related orgs
    $0
    Other
    $19,260
    Hours/week
    70

    Schedule J breakdown matched by us

    Base
    $620,340
    Bonus
    $0
    Other
    $18,285
    Deferred
    $18,300
    Nontaxable benefits
    $960
    Filer's total
    $657,885

  • CAROLYN KNAUP

    SVP - STRATEGIC VENTURES & AMBULATORY OPERATIONS

    Total calculated
    $425,637
    From this org
    $387,469
    From related orgs
    $0
    Other
    $38,168
    Hours/week
    65

    Schedule J breakdown matched by us

    Base
    $370,429
    Bonus
    $0
    Other
    $17,040
    Deferred
    $18,300
    Nontaxable benefits
    $19,868
    Filer's total
    $425,637

  • CHARLES HARR

    CHIEF MEDICAL OFFICER, RALEIGH

    Total calculated
    $456,714
    From this org
    $435,378
    From related orgs
    $0
    Other
    $21,336
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $429,623
    Bonus
    $0
    Other
    $5,755
    Deferred
    $18,300
    Nontaxable benefits
    $3,036
    Filer's total
    $456,714

  • CHRISTINE CRAIG

    VP, GOVERNMENTAL AFFAIRS

    Total calculated
    $340,571
    From this org
    $303,197
    From related orgs
    $0
    Other
    $37,374
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $287,394
    Bonus
    $0
    Other
    $15,803
    Deferred
    $18,300
    Nontaxable benefits
    $19,074
    Filer's total
    $340,571

  • CHRISTOPHER DERIENZO

    SVP & CHIEF QUALITY OFFICER & CMO

    Total calculated
    $632,174
    From this org
    $589,530
    From related orgs
    $0
    Other
    $42,644
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $588,874
    Bonus
    $0
    Other
    $656
    Deferred
    $18,300
    Nontaxable benefits
    $24,344
    Filer's total
    $632,174

  • CYNTHIA ALNESS-BOILY

    SVP - OPERATIONS & CNO

    Total calculated
    $464,344
    From this org
    $423,453
    From related orgs
    $0
    Other
    $40,891
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $396,446
    Bonus
    $0
    Other
    $27,007
    Deferred
    $18,300
    Nontaxable benefits
    $22,591
    Filer's total
    $464,344

  • DEBRA LAUGHERY

    VP, MARKETING & COMMUNICATIONS

    Total calculated
    $331,559
    From this org
    $312,490
    From related orgs
    $0
    Other
    $19,069
    Hours/week
    65

    Schedule J breakdown matched by us

    Base
    $292,907
    Bonus
    $0
    Other
    $19,583
    Deferred
    $18,300
    Nontaxable benefits
    $769
    Filer's total
    $331,559

  • DOUG TROCINSKI

    CHIEF MEDICAL OFFICER, CARY

    Total calculated
    $318,781
    From this org
    $306,884
    From related orgs
    $0
    Other
    $11,897
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $302,421
    Bonus
    $0
    Other
    $4,463
    Deferred
    $9,148
    Nontaxable benefits
    $2,749
    Filer's total
    $318,781

  • GAYLA HARVEY

    VP, PAYOR STRATEGY & MANAGED CARE CONTRACTING

    Total calculated
    $341,368
    From this org
    $312,878
    From related orgs
    $0
    Other
    $28,490
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $305,997
    Bonus
    $0
    Other
    $6,881
    Deferred
    $18,300
    Nontaxable benefits
    $10,190
    Filer's total
    $341,368

  • JERONICA GOODWIN

    SVP, HUMAN RESOURCES

    Total calculated
    $357,224
    From this org
    $330,366
    From related orgs
    $0
    Other
    $26,858
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $329,870
    Bonus
    $0
    Other
    $496
    Deferred
    $18,300
    Nontaxable benefits
    $8,558
    Filer's total
    $357,224

  • JOHN PERRY

    VP, MEDICAL INFORMATION

    Total calculated
    $423,394
    From this org
    $377,900
    From related orgs
    $0
    Other
    $45,494
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $375,237
    Bonus
    $0
    Other
    $2,663
    Deferred
    $18,300
    Nontaxable benefits
    $27,194
    Filer's total
    $423,394

  • KAREN BASH

    CHIEF MEDICAL OFFICER, NORTH

    Total calculated
    $380,097
    From this org
    $352,342
    From related orgs
    $0
    Other
    $27,755
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $343,277
    Bonus
    $6,764
    Other
    $2,301
    Deferred
    $18,300
    Nontaxable benefits
    $9,455
    Filer's total
    $380,097

  • KAREN CHILTON

    SVP & CHIEF QUALITY OFFICER

    Total calculated
    $326,327
    From this org
    $310,911
    From related orgs
    $0
    Other
    $15,416
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $310,455
    Bonus
    $0
    Other
    $456
    Deferred
    $15,416
    Nontaxable benefits
    $0
    Filer's total
    $326,327

  • PETER MARKS

    VP & CHIEF INFORMATION OFFICER

    Total calculated
    $434,971
    From this org
    $412,150
    From related orgs
    $0
    Other
    $22,821
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $389,852
    Bonus
    $0
    Other
    $22,298
    Deferred
    $18,300
    Nontaxable benefits
    $4,521
    Filer's total
    $434,971

  • REBECCA ANDREWS

    SVP & ADMINISTRATOR RALEIGH

    Total calculated
    $528,967
    From this org
    $496,869
    From related orgs
    $0
    Other
    $32,098
    Hours/week
    70

    Schedule J breakdown matched by us

    Base
    $470,196
    Bonus
    $0
    Other
    $26,673
    Deferred
    $18,300
    Nontaxable benefits
    $13,798
    Filer's total
    $528,967

  • RICK SHRUM

    VP & CHIEF STRATEGY OFFICER

    Total calculated
    $417,274
    From this org
    $375,466
    From related orgs
    $0
    Other
    $41,808
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $369,948
    Bonus
    $0
    Other
    $5,518
    Deferred
    $18,300
    Nontaxable benefits
    $23,508
    Filer's total
    $417,274

  • SETH BRODY

    EVP, CHIEF PHYSICIAN EXECUTIVE

    Total calculated
    $623,140
    From this org
    $604,840
    From related orgs
    $0
    Other
    $18,300
    Hours/week
    60 + 1 related

    Schedule J breakdown matched by us

    Base
    $602,071
    Bonus
    $0
    Other
    $2,769
    Deferred
    $18,300
    Nontaxable benefits
    $0
    Filer's total
    $623,140

  • SUSAN JAMES

    VP & CHIEF LEGAL OFFICER

    Total calculated
    $473,880
    From this org
    $428,689
    From related orgs
    $0
    Other
    $45,191
    Hours/week
    65

    Schedule J breakdown matched by us

    Base
    $426,709
    Bonus
    $0
    Other
    $1,980
    Deferred
    $18,300
    Nontaxable benefits
    $26,891
    Filer's total
    $473,880

  • THOMAS CAVENDER

    VP, FACILITIES & CONSTRUCTION

    Total calculated
    $387,000
    From this org
    $357,502
    From related orgs
    $0
    Other
    $29,498
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $322,693
    Bonus
    $0
    Other
    $34,809
    Deferred
    $18,300
    Nontaxable benefits
    $11,198
    Filer's total
    $387,000

  • THOMAS HUGHES

    SVP & ADMINISTRATOR CARY

    Total calculated
    $342,017
    From this org
    $320,564
    From related orgs
    $0
    Other
    $21,453
    Hours/week
    57

    Schedule J breakdown matched by us

    Base
    $319,152
    Bonus
    $0
    Other
    $1,412
    Deferred
    $18,300
    Nontaxable benefits
    $3,153
    Filer's total
    $342,017

  • VALERIE BARLOW

    SVP & ADMINISTRATOR NORTH

    Total calculated
    $389,341
    From this org
    $343,667
    From related orgs
    $0
    Other
    $45,674
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $340,884
    Bonus
    $0
    Other
    $2,783
    Deferred
    $18,300
    Nontaxable benefits
    $27,374
    Filer's total
    $389,341

  • ASHISH PATEL

    PHYSICIAN

    Total calculated
    $1,368,881
    From this org
    $1,340,564
    From related orgs
    $0
    Other
    $28,317
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $584,622
    Bonus
    $754,990
    Other
    $952
    Deferred
    $18,300
    Nontaxable benefits
    $10,017
    Filer's total
    $1,368,881

  • BRYON BOULTON

    PHYSICIAN

    Total calculated
    $1,302,702
    From this org
    $1,260,058
    From related orgs
    $0
    Other
    $42,644
    Hours/week
    62

    Schedule J breakdown matched by us

    Base
    $1,070,371
    Bonus
    $187,977
    Other
    $1,710
    Deferred
    $18,300
    Nontaxable benefits
    $24,344
    Filer's total
    $1,302,702

  • GURVINDER DEOL

    PHYSICIAN

    Total calculated
    $1,370,051
    From this org
    $1,322,067
    From related orgs
    $0
    Other
    $47,984
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $916,497
    Bonus
    $400,395
    Other
    $5,175
    Deferred
    $18,300
    Nontaxable benefits
    $29,684
    Filer's total
    $1,370,051

  • JONATHAN CHAPPELL

    PHYSICIAN

    Total calculated
    $1,119,169
    From this org
    $1,074,125
    From related orgs
    $0
    Other
    $45,044
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $736,876
    Bonus
    $336,003
    Other
    $1,246
    Deferred
    $18,300
    Nontaxable benefits
    $26,744
    Filer's total
    $1,119,169

  • JUDSON WILLIAMS

    PHYSICIAN

    Total calculated
    $1,245,955
    From this org
    $1,200,800
    From related orgs
    $0
    Other
    $45,155
    Hours/week
    80

    Schedule J breakdown matched by us

    Base
    $1,007,039
    Bonus
    $191,515
    Other
    $2,246
    Deferred
    $18,300
    Nontaxable benefits
    $26,855
    Filer's total
    $1,245,955

  • HAROLD LAWSON (UNTIL 8312022)

    VP, REVENUE CYCLE

    Total calculated
    $482,883
    From this org
    $448,133
    From related orgs
    $0
    Other
    $34,750
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $266,167
    Bonus
    $18,759
    Other
    $163,207
    Deferred
    $17,438
    Nontaxable benefits
    $17,312
    Filer's total
    $482,883

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

  • 1a · Tax indemnification and gross-up payments
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 7 · Other non-fixed payments

Answered no

  • 1b · Written policy on the line-1a expenses
  • 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 1a Tax indemnification and gross-up payments
TAX INDEMNIFICATION AND GROSS-UP PAYMENTS ARE PAID TO SOME KEY EMPLOYEES. THEY ARE INCLUDED IN TAXABLE INCOME.
Schedule J, Part I, Line 1b Written policy regarding payment or reimbursement of expenses
TAX GROSS-UPS FOR KEY EMPLOYEES ARE COVERED BY THE EMPLOYEE AGREEMENT OR ARE APPROVED BY THE BOARD OF DIRECTORS.
Schedule J, Part I, Line 4a Severance or change-of-control payment
Harold E. Lawson received $156,566 in severance payments.
Schedule J, Part I, Line 7 Non-fixed payments
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

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

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • ROCKROOM INSURANCE COMPANY (SPC) LTD

    C Corporation · CAPTIVE INSURANCE · CJ · 100% owned · share of income $8,473,889 · share of assets $44,350,916 · controlled entity

    Directly controlled by NA

  • QUALITY TEXTILE SERVICES

    C Corporation · TEXTILE SERVICES · NC · 50% owned · share of income -$52,136 · share of assets $4,285,765

    Directly controlled by NA

  • WAKEMED KEY COMMUNITY CARE LLC

    C Corporation · HEALTHCARE · NC · 50% owned · share of income $0 · share of assets $21,042,283

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2022
Filed
15 August 2024
IRS schema version
2022v5.0
Source object
202412289349304056

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

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