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Nonprofiteer
← WAKEMED

Form 990 for tax year 2024

Filed by WAKEMED.

Totals

Total revenue
$54,991,401
Total expenses
$61,991,526
Contributions and grants received
$14,731,351
Grants paid
$531,876
Program service revenue
$36,728,798
Investment income
$3,151,027
Other revenue
$380,225
Total assets, end of year
$516,598,720
Total liabilities, end of year
$256,904,688
Net assets or fund balances, end of year
$259,694,032
Program services expenses (Part IX)
$59,628,735
Management and general expenses
$1,550,101
Fundraising expenses
$812,690
Program service expenses (Part III)
$59,628,735

Program services were 96.2% 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.

  • 1f · All other contributions, gifts and grants

    $14,731,351

  • 1g · Noncash contributions included above

    $1,574,887

  • 2a · Program service revenue: RELATED RENTAL INCOME

    total $36,728,798 · related or exempt $36,728,798

  • 2f · All other program service revenue

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

  • 3 · Investment income

    total $2,157,008 · excluded $2,157,008

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $11,059,535 · other assets $0

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

    securities $9,351,221 · other assets $714,295

  • 7c · Gain or loss

    securities $1,708,314 · other assets -$714,295

  • 7d · Net gain or loss

    total $994,019 · excluded $994,019

  • 8a · Fundraising events: gross income

    $29,750

  • 8b · Fundraising events: direct expenses

    $15,855

  • 8c · Net income from fundraising events

    total $13,895 · excluded $13,895

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

    total $206,418 · related or exempt $206,418

  • 11b · Other revenue: INTEREST INCOME - GASB

    total $159,602 · related or exempt $159,602

  • 11c · Other revenue: PURCHASE DISCOUNTS

    total $146 · related or exempt $146

  • 11d · All other revenue

    total $164 · related or exempt $164 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $366,330

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $354,469 · program services $354,469

  • 2 · Grants to domestic individuals

    total $177,407 · program services $177,407

  • 7 · Other salaries and wages

    total $2,160,032 · program services $1,138,029 · management and general $484,927 · fundraising $537,076

  • 8 · Pension plan contributions

    total $66,071 · program services $15,343 · management and general $24,070 · fundraising $26,658

  • 9 · Other employee benefits

    total $114,729 · program services $30,298 · management and general $40,062 · fundraising $44,369

  • 10 · Payroll taxes

    total $84,964 · program services $21,689 · management and general $30,023 · fundraising $33,252

  • 11b · Fees: legal

    total $6,481 · management and general $6,481

  • 11c · Fees: accounting

    total $10,000 · management and general $10,000

  • 11e · Fees: professional fundraising services

    total $127,220 · fundraising $127,220

  • 11f · Fees: investment management

    total $122,283 · management and general $122,283

  • 11g · Fees: other

    total $4,596,848 · program services $4,533,536 · management and general $32,026 · fundraising $31,286

  • 12 · Advertising and promotion

    total $3,664 · fundraising $3,664

  • 13 · Office expenses

    total $578,485 · program services $163 · management and general $569,157 · fundraising $9,165

  • 14 · Information technology

    total $135,003 · management and general $135,003

  • 16 · Occupancy

    total $10,186,158 · program services $10,186,158

  • 17 · Travel

    total $10,183 · management and general $10,183

  • 19 · Conferences, conventions and meetings

    total $238 · management and general $238

  • 20 · Interest

    total $10,276,182 · program services $10,275,528 · management and general $654

  • 21 · Payments to affiliates

    total $5,093,377 · program services $5,093,377

  • 22 · Depreciation, depletion and amortization

    total $22,314,699 · program services $22,306,053 · management and general $8,646

  • 23 · Insurance

    total $426,969 · program services $426,969

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

    total $4,288,699 · program services $4,288,699

  • 24b · Other expenses: BAD DEBT

    total $696,101 · program services $696,101

  • 24c · Other expenses: WPS - OTHER EXP

    total $70,068 · program services $70,068

  • 24d · Other expenses: MINOR EQUIPMENT

    total $14,848 · program services $14,848

  • 24e · All other expenses

    total $76,348 · program services $0 · management and general $76,348 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,287,149 · end of year $1,597,290

  • 2 · Savings and temporary cash investments

    beginning of year $1,133,911 · end of year $5,803,380

  • 3 · Pledges and grants receivable

    beginning of year $7,619,258 · end of year $13,401,283

  • 4 · Accounts receivable

    beginning of year $9,392,430 · end of year $2,077,217

  • 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 $2,558,927 · end of year $6,568,135

  • 8 · Inventories for sale or use

    beginning of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,147,181 · end of year $1,152,451

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

    $575,229,595

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

    $141,384,579

  • 10c · Land, buildings and equipment, net

    beginning of year $408,466,877 · end of year $433,845,016

  • 11 · Investments: publicly traded securities

    beginning of year $42,484,677 · end of year $46,992,570

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $4,695,596 · end of year $4,902,014

  • 15 · Other assets

    beginning of year $247,726 · end of year $259,364

  • 17 · Accounts payable and accrued expenses

    beginning of year $15,080,172 · end of year $15,966,141

  • 19 · Deferred revenue

    beginning of year $44,923 · end of year $7,635,142

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $208,914,920 · end of year $233,303,405

  • 27 · Net assets without donor restrictions

    beginning of year $202,097,256 · end of year $208,180,498

  • 28 · Net assets with donor restrictions

    beginning of year $54,896,461 · end of year $51,513,534

Mission and programs · 2024

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 AVES) PROPERTIES (INCLUDING LAND THAT IS UNDER DEVELOPMENT), AND LEASES FIFTY-TWO PROPERTIES (FY24 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 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 SERVICE 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 $53,148,917 · Revenue $37,095,128

  • 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 $6,479,818 · Grants $531,876

As filed on the 2024 return.

Listed in Part VII

  • ANGELA GANTT HOLLIDAY MD

    BOD, WAKEMED FOUNDATION

    Total calculated
    $597,752
    From this org
    $0
    From related orgs
    $555,194
    Other
    $42,558
    Hours/week
    0.5

    Schedule J breakdown matched by us

    Base
    $0 + $473,594 related
    Bonus
    $0 + $80,803 related
    Other
    $0 + $797 related
    Deferred
    $0 + $20,700 related
    Nontaxable benefits
    $0 + $21,858 related
    Filer's total
    $0 + $597,752 related
  • ANNA GOODMON MD

    BOD, WAKEMED FOUNDATION (UNTIL 12/31/2024)

    Total calculated
    $0
    Hours/week
    0.5
  • BETH WILLIAMSON

    BOD, WAKEMED FOUNDATION

    Total calculated
    $0
    Hours/week
    0.5
  • BRIAN REID

    TREASURER, BOD, WAKEMED FOUNDATION

    Total calculated
    $0
    Hours/week
    0.5
  • CHRIS WRENCH

    BOD, WAKEMED FOUNDATION

    Total calculated
    $0
    Hours/week
    0.5
  • CHRISTINA ALVARADO SHANAHAN

    BOD, WAKEMED PROPERTY SERVICES

    Total calculated
    $0
    Hours/week
    1.8 + 1.8 related
  • 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
  • FRED ANDERSON

    BOD, WAKEMED PROPERTY SERVICES (FROM 8/05/2025)

    Total calculated
    $0
    Hours/week
    1.4 + 1.4 related
  • 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
  • HUNTER MURRAY

    BOD, WAKEMED FOUNDATION

    Total calculated
    $0
    Hours/week
    0.5
  • J BLOUNT WILLIAMS

    BOD, WAKEMED PROPERTY SERVICES

    Total calculated
    $0
    Hours/week
    1.6 + 1.6 related
  • JAMES ANTHONY PENRY

    BOD, WAKEMED PROPERTY SERVICES

    Total calculated
    $0
    Hours/week
    1.4 + 1.4 related
  • JEFF EDWARDS

    BOD, WAKEMED FOUNDATION (UNTIL 12/31/24)

    Total calculated
    $0
    Hours/week
    0.5
  • JENNETH MITCHELL

    TREASURER, BOD, WAKEMED FOUNDATION (UNTIL 12/31/24)

    Total calculated
    $0
    Hours/week
    0.5
  • JENNY WINSTON

    BOD, WAKEMED FOUNDATION

    Total calculated
    $0
    Hours/week
    0.5
  • JIMMY PHILBIN

    BOD, WAKEMED FOUNDATION

    Total calculated
    $0
    Hours/week
    0.5
  • JOHN SINDEN MD

    BOD, WAKEMED FOUNDATION

    Total calculated
    $0
    Hours/week
    0.5
  • JON MARK BAUCOM

    BOD, FOUNDATION

    Total calculated
    $0
    Hours/week
    0.5
  • JOY SLOAN

    BOD, WAKEMED FOUNDATION (UNTIL 12/31/24)

    Total calculated
    $0
    Hours/week
    0.5
  • JUN PARK

    BOD, WAKEMED FOUNDATION

    Total calculated
    $0
    Hours/week
    0.5
  • KATIE MCKENZIE

    BOD, WAKEMED FOUNDATION

    Total calculated
    $0
    Hours/week
    0.5
  • KEEMIA SHAW

    BOD, WAKEMED PROPERTY SERVICES

    Total calculated
    $0
    Hours/week
    1.2 + 1.2 related
  • LARRY LONG JR

    BOD, WAKEMED FOUNDATION

    Total calculated
    $0
    Hours/week
    0.5
  • LAURA K HELTON MD

    BOD, WAKEMED PROPERTY SERVICES

    Total calculated
    $0
    Hours/week
    1.8 + 1.8 related
  • LEE LILLEY

    BOD, WAKEMED FOUNDATION

    Total calculated
    $0
    Hours/week
    0.5
  • MARGARET BRATTON

    VICE CHAIR, BOD, WAKEMED PROPERTY SERVICES

    Total calculated
    $0
    Hours/week
    1.8 + 1.8 related
  • MARTIN W BORDEN

    BOD, WAKEMED FOUNDATION

    Total calculated
    $0
    Hours/week
    0.5
  • MARY NASH RUSHER

    SECRETARY, BOD, WAKEMED PROPERTY SERVICES

    Total calculated
    $0
    Hours/week
    2.1 + 2.1 related
  • MICHAEL FERGUSON MD

    BOD, WAKEMED FOUNDATION

    Total calculated
    $954,331
    From this org
    $0
    From related orgs
    $901,340
    Other
    $52,991
    Hours/week
    0.5

    Schedule J breakdown matched by us

    Base
    $0 + $646,313 related
    Bonus
    $0 + $251,985 related
    Other
    $0 + $3,042 related
    Deferred
    $0 + $20,700 related
    Nontaxable benefits
    $0 + $32,291 related
    Filer's total
    $0 + $954,331 related
  • MICHAEL PAINTER

    BOD, WAKEMED PROPERTY SERVICES

    Total calculated
    $0
    Hours/week
    1.8 + 1.8 related
  • PETER M SCOTT III

    BOD, WAKEMED PROPERTY SERVICES

    Total calculated
    $0
    Hours/week
    1.8 + 1.8 related
  • R MICHAEL GRAY

    BOD, WAKEMED FOUNDATION (UNTIL 12/31/24)

    Total calculated
    $0
    Hours/week
    0.5
  • RASHEEDA MONROE MD

    BOD, WAKEMED FOUNDATION

    Total calculated
    $402,122
    From this org
    $0
    From related orgs
    $370,689
    Other
    $31,433
    Hours/week
    0.5

    Schedule J breakdown matched by us

    Base
    $0 + $366,000 related
    Bonus
    $0 + $4,296 related
    Other
    $0 + $393 related
    Deferred
    $0 + $15,080 related
    Nontaxable benefits
    $0 + $16,353 related
    Filer's total
    $0 + $402,122 related
  • REV DR ROSE CORNELIOUS

    BOD, WAKEMED FOUNDATION

    Total calculated
    $0
    Hours/week
    0.5
  • ROB BURLINGTON

    BOD, WAKEMED FOUNDATION

    Total calculated
    $0
    Hours/week
    0.5
  • ROBERT ANGE

    BOD, WAKEMED FOUNDATION

    Total calculated
    $0
    Hours/week
    0.5
  • ROBERT C RICE JR

    BOD, WAKEMED PROPERTY SERVICES (UNTIL 5/25/25)

    Total calculated
    $0
    Hours/week
    2.1 + 2.1 related
  • ROD WEBB

    BOD, WAKEMED FOUNDATION

    Total calculated
    $0
    Hours/week
    0.5
  • 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
  • SONIA BARNES

    BOD, WAKEMED PROPERTY SERVICES

    Total calculated
    $0
    Hours/week
    2.1 + 2.1 related
  • THAD L MCDONALD MD

    CHAIR, BOD, WAKEMED PROPERTY SERVICES

    Total calculated
    $0
    Hours/week
    3.2 + 3.2 related
  • DAVID NUSSMAN

    VP, COMPLIANCE & PRIVACY OFFICER INTERIM

    Total calculated
    $201,014
    From this org
    $0
    From related orgs
    $158,767
    Other
    $42,247
    Hours/week
    0 + 55 related

    Schedule J breakdown matched by us

    Base
    $0 + $156,643 related
    Bonus
    $0 + $2,000 related
    Other
    $0 + $124 related
    Deferred
    $0 + $10,069 related
    Nontaxable benefits
    $0 + $32,178 related
    Filer's total
    $0 + $201,014 related
  • DIONNE WHITAKER

    OFFICER-SECRETARY

    Total calculated
    $97,639
    From this org
    $0
    From related orgs
    $89,612
    Other
    $8,027
    Hours/week
    0 + 50 related
  • DONALD GINTZIG

    PRESIDENT & CEO

    Total calculated
    $2,218,512
    From this org
    $0
    From related orgs
    $2,193,903
    Other
    $24,609
    Hours/week
    0 + 80 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,386,023 related
    Bonus
    $0 + $735,700 related
    Other
    $0 + $72,180 related
    Deferred
    $0 + $20,700 related
    Nontaxable benefits
    $0 + $3,909 related
    Filer's total
    $0 + $2,218,512 related
  • STEPHANIE SESSOMS

    EVP & CHIEF FINANCIAL OFFICER

    Total calculated
    $467,612
    From this org
    $0
    From related orgs
    $423,968
    Other
    $43,644
    Hours/week
    0 + 65 related

    Schedule J breakdown matched by us

    Base
    $0 + $419,010 related
    Bonus
    $0 + $2,000 related
    Other
    $0 + $2,958 related
    Deferred
    $0 + $18,959 related
    Nontaxable benefits
    $0 + $24,685 related
    Filer's total
    $0 + $467,612 related
  • THOMAS GOUGH

    EVP & CHIEF OPERATING OFFICER

    Total calculated
    $704,007
    From this org
    $0
    From related orgs
    $682,875
    Other
    $21,132
    Hours/week
    0 + 70 related

    Schedule J breakdown matched by us

    Base
    $0 + $659,477 related
    Bonus
    $0 + $2,000 related
    Other
    $0 + $21,398 related
    Deferred
    $0 + $20,700 related
    Nontaxable benefits
    $0 + $432 related
    Filer's total
    $0 + $704,007 related
  • BRIAN LYNDE

    VP & CHIEF LEGAL OFFICER

    Total calculated
    $402,594
    From this org
    $0
    From related orgs
    $364,063
    Other
    $38,531
    Hours/week
    0 + 55 related

    Schedule J breakdown matched by us

    Base
    $0 + $341,347 related
    Bonus
    $0 + $2,000 related
    Other
    $0 + $20,716 related
    Deferred
    $0 + $18,064 related
    Nontaxable benefits
    $0 + $20,467 related
    Filer's total
    $0 + $402,594 related
  • CAROLYN KNAUP

    SVP, STRATEGIC VENTURES & AMBULATORY OPERATIONS

    Total calculated
    $462,388
    From this org
    $0
    From related orgs
    $416,796
    Other
    $45,592
    Hours/week
    0 + 55 related

    Schedule J breakdown matched by us

    Base
    $0 + $395,406 related
    Bonus
    $0 + $2,000 related
    Other
    $0 + $19,390 related
    Deferred
    $0 + $20,700 related
    Nontaxable benefits
    $0 + $24,892 related
    Filer's total
    $0 + $462,388 related
  • CHARLES HARR MD

    CHIEF MEDICAL OFFICER, RALEIGH

    Total calculated
    $494,013
    From this org
    $0
    From related orgs
    $469,703
    Other
    $24,310
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $462,440 related
    Bonus
    $0 + $1,000 related
    Other
    $0 + $6,263 related
    Deferred
    $0 + $20,700 related
    Nontaxable benefits
    $0 + $3,610 related
    Filer's total
    $0 + $494,013 related
  • CHRISTINE CRAIG

    VP, GOVERNMENTAL AFFAIRS

    Total calculated
    $376,674
    From this org
    $0
    From related orgs
    $323,433
    Other
    $53,241
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $304,310 related
    Bonus
    $0 + $2,000 related
    Other
    $0 + $17,123 related
    Deferred
    $0 + $18,910 related
    Nontaxable benefits
    $0 + $34,331 related
    Filer's total
    $0 + $376,674 related
  • CYNTHIA ALNESS-BOILY

    SVP, OPERATIONS & CNO

    Total calculated
    $490,436
    From this org
    $0
    From related orgs
    $444,877
    Other
    $45,559
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $420,564 related
    Bonus
    $0 + $2,000 related
    Other
    $0 + $22,313 related
    Deferred
    $0 + $17,617 related
    Nontaxable benefits
    $0 + $27,942 related
    Filer's total
    $0 + $490,436 related
  • DEBRA LAUGHERY

    VP, MARKETING & COMMUNICATIONS

    Total calculated
    $399,424
    From this org
    $0
    From related orgs
    $364,093
    Other
    $35,331
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $341,047 related
    Bonus
    $0 + $2,000 related
    Other
    $0 + $21,046 related
    Deferred
    $0 + $20,519 related
    Nontaxable benefits
    $0 + $14,812 related
    Filer's total
    $0 + $399,424 related
  • DOUG TROCINSKI MD

    CHIEF MEDICAL OFFICER, CARY ADMINISTRATION

    Total calculated
    $326,267
    From this org
    $0
    From related orgs
    $315,580
    Other
    $10,687
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $313,213 related
    Bonus
    $0 + $1,000 related
    Other
    $0 + $1,367 related
    Deferred
    $0 + $9,496 related
    Nontaxable benefits
    $0 + $1,191 related
    Filer's total
    $0 + $326,267 related
  • GAYLA HARVEY

    VP, PAYOR STRATEGY & MANAGED CARE CONTRACTING

    Total calculated
    $361,898
    From this org
    $0
    From related orgs
    $329,968
    Other
    $31,930
    Hours/week
    0 + 48 related

    Schedule J breakdown matched by us

    Base
    $0 + $325,767 related
    Bonus
    $0 + $2,000 related
    Other
    $0 + $2,201 related
    Deferred
    $0 + $19,939 related
    Nontaxable benefits
    $0 + $11,991 related
    Filer's total
    $0 + $361,898 related
  • JEFF NEISEN

    VP, REVENUE CYCLE (UNTIL 9/24/2025)

    Total calculated
    $341,565
    From this org
    $0
    From related orgs
    $299,006
    Other
    $42,559
    Hours/week
    0 + 55 related

    Schedule J breakdown matched by us

    Base
    $0 + $286,750 related
    Bonus
    $0 + $11,000 related
    Other
    $0 + $1,256 related
    Deferred
    $0 + $17,667 related
    Nontaxable benefits
    $0 + $24,892 related
    Filer's total
    $0 + $341,565 related
  • JERONICA GOODWIN

    SVP, HUMAN RESOURCES & CHIEF PEOPLE OFFICER

    Total calculated
    $413,336
    From this org
    $0
    From related orgs
    $381,699
    Other
    $31,637
    Hours/week
    0 + 65 related

    Schedule J breakdown matched by us

    Base
    $0 + $379,109 related
    Bonus
    $0 + $2,000 related
    Other
    $0 + $590 related
    Deferred
    $0 + $20,246 related
    Nontaxable benefits
    $0 + $11,391 related
    Filer's total
    $0 + $413,336 related
  • JOHN PERRY MD

    VP, MEDICAL INFORMATION

    Total calculated
    $458,529
    From this org
    $0
    From related orgs
    $402,488
    Other
    $56,041
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $397,641 related
    Bonus
    $0 + $2,000 related
    Other
    $0 + $2,847 related
    Deferred
    $0 + $20,700 related
    Nontaxable benefits
    $0 + $35,341 related
    Filer's total
    $0 + $458,529 related
  • KAREN BASH MD

    CHIEF MEDICAL OFFICER, NORTH

    Total calculated
    $424,061
    From this org
    $0
    From related orgs
    $390,579
    Other
    $33,482
    Hours/week
    0 + 55 related

    Schedule J breakdown matched by us

    Base
    $0 + $384,560 related
    Bonus
    $0 + $1,000 related
    Other
    $0 + $5,019 related
    Deferred
    $0 + $20,700 related
    Nontaxable benefits
    $0 + $12,782 related
    Filer's total
    $0 + $424,061 related
  • MICAH KREMPASKY MD

    CHIEF MEDICAL OFFICER, MENTAL HEALTH & WELL-BEING

    Total calculated
    $416,847
    From this org
    $0
    From related orgs
    $364,177
    Other
    $52,670
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $347,630 related
    Bonus
    $0 + $16,004 related
    Other
    $0 + $543 related
    Deferred
    $0 + $20,700 related
    Nontaxable benefits
    $0 + $31,970 related
    Filer's total
    $0 + $416,847 related
  • PETER MARKS

    VP & CHIEF INFORMATION OFFICER

    Total calculated
    $458,216
    From this org
    $0
    From related orgs
    $436,680
    Other
    $21,536
    Hours/week
    0 + 55 related

    Schedule J breakdown matched by us

    Base
    $0 + $416,145 related
    Bonus
    $0 + $2,000 related
    Other
    $0 + $18,535 related
    Deferred
    $0 + $19,571 related
    Nontaxable benefits
    $0 + $1,965 related
    Filer's total
    $0 + $458,216 related
  • REBECCA ANDREWS

    SVP & ADMINISTRATOR RALEIGH

    Total calculated
    $562,033
    From this org
    $0
    From related orgs
    $527,134
    Other
    $34,899
    Hours/week
    0 + 70 related

    Schedule J breakdown matched by us

    Base
    $0 + $501,669 related
    Bonus
    $0 + $2,000 related
    Other
    $0 + $23,465 related
    Deferred
    $0 + $20,700 related
    Nontaxable benefits
    $0 + $14,199 related
    Filer's total
    $0 + $562,033 related
  • RICK SHRUM

    VP & CHIEF STRATEGY OFFICER

    Total calculated
    $445,798
    From this org
    $0
    From related orgs
    $397,363
    Other
    $48,435
    Hours/week
    0 + 65 related

    Schedule J breakdown matched by us

    Base
    $0 + $392,583 related
    Bonus
    $0 + $2,000 related
    Other
    $0 + $2,780 related
    Deferred
    $0 + $20,700 related
    Nontaxable benefits
    $0 + $27,735 related
    Filer's total
    $0 + $445,798 related
  • THOMAS CAVENDER

    VP, FACILITIES & CONSTRUCTION

    Total calculated
    $400,131
    From this org
    $0
    From related orgs
    $368,040
    Other
    $32,091
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $344,883 related
    Bonus
    $0 + $2,000 related
    Other
    $0 + $21,157 related
    Deferred
    $0 + $20,700 related
    Nontaxable benefits
    $0 + $11,391 related
    Filer's total
    $0 + $400,131 related
  • THOMAS HUGHES

    SVP & ADMINISTRATOR CARY

    Total calculated
    $365,964
    From this org
    $0
    From related orgs
    $340,324
    Other
    $25,640
    Hours/week
    0 + 57 related

    Schedule J breakdown matched by us

    Base
    $0 + $336,823 related
    Bonus
    $0 + $2,000 related
    Other
    $0 + $1,501 related
    Deferred
    $0 + $20,625 related
    Nontaxable benefits
    $0 + $5,015 related
    Filer's total
    $0 + $365,964 related
  • VALERIE BARLOW

    SVP & ADMINISTRATOR NORTH

    Total calculated
    $420,260
    From this org
    $0
    From related orgs
    $366,514
    Other
    $53,746
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $363,621 related
    Bonus
    $0 + $2,000 related
    Other
    $0 + $893 related
    Deferred
    $0 + $20,700 related
    Nontaxable benefits
    $0 + $33,046 related
    Filer's total
    $0 + $420,260 related
  • WAQUIAH ELLIS

    VP, NURSING

    Total calculated
    $321,336
    From this org
    $0
    From related orgs
    $282,141
    Other
    $39,195
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $279,716 related
    Bonus
    $0 + $2,000 related
    Other
    $0 + $425 related
    Deferred
    $0 + $17,310 related
    Nontaxable benefits
    $0 + $21,885 related
    Filer's total
    $0 + $321,336 related
  • ASHISH PATEL MD

    PHYSICIAN

    Total calculated
    $1,686,813
    From this org
    $0
    From related orgs
    $1,631,093
    Other
    $55,720
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $806,502 related
    Bonus
    $0 + $822,517 related
    Other
    $0 + $2,074 related
    Deferred
    $0 + $20,700 related
    Nontaxable benefits
    $0 + $35,020 related
    Filer's total
    $0 + $1,686,813 related
  • BRYON BOULTON MD

    PHYSICIAN

    Total calculated
    $1,526,300
    From this org
    $0
    From related orgs
    $1,473,309
    Other
    $52,991
    Hours/week
    0 + 62 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,140,071 related
    Bonus
    $0 + $331,528 related
    Other
    $0 + $1,710 related
    Deferred
    $0 + $20,700 related
    Nontaxable benefits
    $0 + $32,291 related
    Filer's total
    $0 + $1,526,300 related
  • JUDSON WILLIAMS MD

    PHYSICIAN

    Total calculated
    $1,415,728
    From this org
    $0
    From related orgs
    $1,362,737
    Other
    $52,991
    Hours/week
    0 + 82 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,018,803 related
    Bonus
    $0 + $342,836 related
    Other
    $0 + $1,098 related
    Deferred
    $0 + $20,700 related
    Nontaxable benefits
    $0 + $32,291 related
    Filer's total
    $0 + $1,415,728 related
  • KEVIN MANOCHA MD

    PHYSICIAN

    Total calculated
    $1,349,908
    From this org
    $0
    From related orgs
    $1,324,127
    Other
    $25,781
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $448,253 related
    Bonus
    $0 + $875,461 related
    Other
    $0 + $413 related
    Deferred
    $0 + $11,340 related
    Nontaxable benefits
    $0 + $14,441 related
    Filer's total
    $0 + $1,349,908 related
  • TIMOTHY HARRIS MD

    PHYSICIAN

    Total calculated
    $1,344,435
    From this org
    $0
    From related orgs
    $1,291,557
    Other
    $52,878
    Hours/week
    0 + 64 related

    Schedule J breakdown matched by us

    Base
    $0 + $828,442 related
    Bonus
    $0 + $459,152 related
    Other
    $0 + $3,963 related
    Deferred
    $0 + $20,700 related
    Nontaxable benefits
    $0 + $32,178 related
    Filer's total
    $0 + $1,344,435 related
  • KAREN CHILTON MD

    SVP & CHIEF QUALITY OFFICER, BOD, WAKEMED FOUNDATION

    Total calculated
    $444,997
    From this org
    $0
    From related orgs
    $424,297
    Other
    $20,700
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $421,646 related
    Bonus
    $0 + $2,000 related
    Other
    $0 + $651 related
    Deferred
    $0 + $20,700 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $444,997 related
  • ROYLYN JOHNSON

    FORMER SECRETARY (UNTIL 2/07/2023)

    Total calculated
    $137,159
    From this org
    $0
    From related orgs
    $128,548
    Other
    $8,611
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $124,836 related
    Bonus
    $0 + $2,000 related
    Other
    $0 + $1,712 related
    Deferred
    $0 + $7,752 related
    Nontaxable benefits
    $0 + $859 related
    Filer's total
    $0 + $137,159 related
  • SETH BRODY MD

    EVP, CHIEF PHYSICIAN EXECUTIVE

    Total calculated
    $703,294
    From this org
    $0
    From related orgs
    $682,594
    Other
    $20,700
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $677,387 related
    Bonus
    $0 + $2,000 related
    Other
    $0 + $3,207 related
    Deferred
    $0 + $20,700 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $703,294 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

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.

Provenance

Return type
form_990
Tax year
2024
Filed
17 August 2026
IRS schema version
2024v5.1
Source object
202632299349302488

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