Totals
- Total revenue
- $2,599,042,078
- Total expenses
- $2,484,650,746
- Contributions and grants received
- $8,206,238
- Grants paid
- $2,446,070
- Program service revenue
- $2,556,093,924
- Investment income
- $33,727,561
- Other revenue
- $1,014,355
- Total assets, end of year
- $2,162,209,554
- Total liabilities, end of year
- $1,116,815,419
- Net assets or fund balances, end of year
- $1,045,394,135
- Program services expenses (Part IX)
- $2,215,706,091
- Management and general expenses
- $268,944,655
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,215,706,091
Program services were 89.2% 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.
-
1d · Related organizations
$253,122
-
1e · Government grants (contributions)
$7,300,114
-
1f · All other contributions, gifts and grants
$653,002
-
2a · Program service revenue: PATIENT SERVICES
total $2,422,214,923 · related or exempt $2,422,214,923
-
2b · Program service revenue: NON-PATIENT SERVICES
total $9,175,792 · unrelated business $9,175,792
-
2c · Program service revenue: CAFETERIA
total $7,819,623 · excluded $7,819,623
-
2d · Program service revenue: PURCH DISCNTS/REBATES/VHA
total $7,263,922 · related or exempt $7,263,922
-
2e · Program service revenue: OTHER OPERATING REVENUE
total $97,941,415 · unrelated business $1,622,828 · excluded $96,318,587
-
2f · All other program service revenue
total $11,678,249 · related or exempt $10,975,520 · unrelated business $702,729 · excluded $0
-
3 · Investment income
total $19,156,100 · unrelated business -$274,145 · excluded $19,430,245
-
6a · Gross rents
real property $1,383,782
-
6b · Less rental expenses
real property $151,590
-
6c · Rental income or loss
real property $1,232,192 · personal property $0
-
6d · Net rental income or loss
total $1,232,192 · excluded $1,232,192
-
7a · Gross sales of assets other than inventory
securities $294,311,182 · other assets $6,704,263
-
7b · Less cost or other basis and sales expenses
securities $286,143,307 · other assets $300,677
-
7c · Gain or loss
securities $8,167,875 · other assets $6,403,586
-
7d · Net gain or loss
total $14,571,461 · excluded $14,571,461
-
11a · Other revenue: GAIN FROM JOINT VENTURES
total -$217,837 · related or exempt -$217,837
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
-$217,837
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $2,302,157 · program services $2,302,157
-
2 · Grants to domestic individuals
total $143,913 · program services $143,913
-
4 · Benefits paid to or for members
total $0 · program services $0
-
5 · Compensation of officers, directors and key employees
total $12,663,244 · program services $10,130,595 · management and general $2,532,649
-
7 · Other salaries and wages
total $1,139,361,761 · program services $968,457,497 · management and general $170,904,264
-
8 · Pension plan contributions
total $48,133,795 · program services $40,913,726 · management and general $7,220,069
-
9 · Other employee benefits
total $108,259,180 · program services $92,020,303 · management and general $16,238,877
-
10 · Payroll taxes
total $75,605,728 · program services $64,264,869 · management and general $11,340,859
-
11b · Fees: legal
total $1,902,139 · program services $1,788,011 · management and general $114,128
-
11c · Fees: accounting
total $647,949 · program services $609,072 · management and general $38,877
-
11d · Fees: lobbying
total $461,074 · program services $433,410 · management and general $27,664
-
11f · Fees: investment management
total $400,830 · program services $376,780 · management and general $24,050
-
11g · Fees: other
total $152,910,452 · program services $143,735,825 · management and general $9,174,627 · fundraising $0
-
12 · Advertising and promotion
total $6,832,686 · program services $6,422,725 · management and general $409,961
-
13 · Office expenses
total $64,323,756 · program services $60,464,331 · management and general $3,859,425
-
14 · Information technology
total $17,385,760 · program services $16,342,614 · management and general $1,043,146
-
16 · Occupancy
total $69,268,139 · program services $65,112,051 · management and general $4,156,088
-
17 · Travel
total $1,393,440 · program services $1,309,834 · management and general $83,606
-
19 · Conferences, conventions and meetings
total $1,334,816 · program services $1,254,727 · management and general $80,089
-
20 · Interest
total $24,518,527 · program services $24,518,527
-
22 · Depreciation, depletion and amortization
total $61,667,261 · program services $61,667,261
-
23 · Insurance
total $10,775,890 · program services $10,129,337 · management and general $646,553
-
24a · Other expenses: MEDICAL SUPPLIES
total $416,603,054 · program services $391,606,871 · management and general $24,996,183
-
24b · Other expenses: MEDICAID ASSESSMENTS
total $155,141,673 · program services $145,833,173 · management and general $9,308,500
-
24c · Other expenses: REPAIRS & MAINTENANCE
total $45,362,811 · program services $42,641,042 · management and general $2,721,769
-
24d · Other expenses: MINOR EQUIPMENT
total $11,932,408 · program services $11,216,464 · management and general $715,944
-
24e · All other expenses
total $55,318,303 · program services $52,010,976 · management and general $3,307,327 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $57,185 · end of year $57,675
-
2 · Savings and temporary cash investments
beginning of year $585,376,695 · end of year $747,864,220
-
3 · Pledges and grants receivable
beginning of year $80,633 · end of year $49,677
-
4 · Accounts receivable
beginning of year $463,244,482 · end of year $461,725,545
-
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 $300,998 · end of year $2,300,998
-
8 · Inventories for sale or use
beginning of year $33,697,670 · end of year $35,411,688
-
9 · Prepaid expenses and deferred charges
beginning of year $17,586,650 · end of year $16,733,588
-
10a · Land, buildings and equipment: cost or other basis
$1,998,211,725
-
10b · Land, buildings and equipment: accumulated depreciation
$1,426,418,736
-
10c · Land, buildings and equipment, net
beginning of year $584,359,096 · end of year $571,792,989
-
11 · Investments: publicly traded securities
beginning of year $163,934,478 · end of year $193,023,193
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $821,049
-
15 · Other assets
beginning of year $122,447,758 · end of year $132,428,932
-
17 · Accounts payable and accrued expenses
beginning of year $323,701,576 · end of year $362,281,928
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $555,474 · end of year $3,601,133
-
20 · Tax-exempt bond liabilities
beginning of year $677,154,166 · end of year $676,697,599
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $83,819,046 · end of year $74,234,759
-
27 · Net assets without donor restrictions
beginning of year $885,515,894 · end of year $1,045,042,725
-
28 · Net assets with donor restrictions
beginning of year $339,489 · end of year $351,410
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $0 · end of year $0
Mission and programs · 2024
Mission
THE MISSION OF WAKEMED IS TO IMPROVE THE HEALTH AND WELL-BEING OF OUR COMMUNITY WITH OUTSTANDING AND COMPASSIONATE CARE TO ALL.
-
SURGICAL SERVICES WAKEMED PROVIDES SURGICAL SERVICES IN FIVE LOCATIONS THROUGHOUT THE COUNTY: WAKEMED RALEIGH CAMPUS, WAKEMED CARY HOSPITAL, WAKEMED NORTH, HOLLY SPRINGS SURGICAL VENTURES AND CAPITAL CITY SURGERY CENTER OF WHICH WAKEMED IS A MAJORITY INVESTOR. BY DELIVERING SURGICAL SERVICES TO ALL WHO SEEK CARE REGARDLESS OF THEIR ABILITY TO PAY AND BY HAVING INPATIENT SERVICES IN THREE DISTINCT LOCATIONS THROUGHOUT THE COUNTY, WAKEMED HAS IMPROVED ACCESS TO THESE NEEDED SERVICES. WAKEMED'S WIDE RANGE OF SURGICAL SPECIALTIES INCLUDE BARIATRIC, CARDIOVASCULAR AND THORACIC, ENT, HEAD AND NECK, ADULT AND PEDIATRIC GASTROINTESTINAL, GENERAL, NEUROSURGERY, OBSTETRICS AND GYNECOLOGY, ORTHOPEDICS, PEDIATRIC, UROLOGY, AND VASCULAR. AS WAKE COUNTY'S ONLY STATE DESIGNATED LEVEL 1 TRAUMA CENTER, WAKEMED PROVIDES COMPREHENSIVE TRAUMA SURGERY FOR GENERAL, ORTHOPEDIC, NEUROSURGERY, AND VASCULAR TRAUMA PATIENTS. BECAUSE ACCESS TO SPECIALTY CARE CONTINUES TO BE A KEY HEALTH CONCERN FACING OUR COMMUNITY, WAKEMED HAS EXPANDED ITS NETWORK OF SPECIALISTS THROUGH WAKEMED PHYSICIANS WHO PROVIDE SUBSPECIALTY CARE TO THE UNINSURED AND UNDERINSURED IN OUR COMMUNITY. OUR STAFF WORKS WITH THE PATIENT TO DISCOUNT THEIR FEES BASED ON INDIVIDUAL INCOME AND NEED. MANY PHYSICIANS ON THE MEDICAL STAFF CONTINUE THIS PRACTICE OF PROVIDING QUALITY CARE TO PATIENTS REGARDLESS OF THEIR ABILITY TO PAY. IN FISCAL YEAR 2025, OUR SURGICAL PATIENTS INCLUDED 31.4% WHO WERE INSURED UNDER MEDICARE, 14.6% WHO WERE INSURED UNDER MEDICAID, AND 3.3% WHO WERE UNINSURED (OR "SELF-PAY OR CHARITY CARE").
Expenses $677,013,734 · Revenue $702,272,261
-
HEART CENTER WAKEMED'S HEART AND VASCULAR PROGRAM IS ONE OF THE LARGEST AND MOST COMPREHENSIVE CARDIOVASCULAR PROGRAMS IN THE STATE OF NORTH CAROLINA. THIS YEAR, 21,030 CARDIOVASCULAR PROCEDURES WERE PERFORMED INCLUDING SURGERY, DIAGNOSTIC AND INTERVENTIONAL CARDIAC CATHETERIZATIONS AND ELECTROPHYSIOLOGY STUDIES. THOUSANDS MORE PATIENTS WERE TREATED MEDICALLY AS IN AND OUTPATIENTS THROUGHOUT THE SYSTEM. IN FISCAL YEAR 2025, OUR CARDIAC PATIENTS INCLUDED 61.4% WHO WERE INSURED UNDER MEDICARE, 8.0% WHO WERE INSURED UNDER MEDICAID, AND 2.2% WHO WERE UNINSURED (OR "SELF-PAY OR CHARITY CARE"). WAKEMED HEALTH & HOSPITALS HAS CONSISTENTLY BEEN NATIONALLY RECOGNIZED FOR EXCELLENCE IN BOTH STROKE AND HEART CARE. WAKEMED RALEIGH CAMPUS AND WAKEMED CARY HOSPITAL RECEIVED RECOGNITION FROM THE AMERICAN HEART ASSOCIATION AND THE AMERICAN STROKE ASSOCIATION THROUGH THEIR "GET WITH THE GUIDELINES (GWTG)" AWARDS, EACH EARNING GOLD PLUS ACHIEVEMENT AWARDS FOR BOTH STROKE CARE AND FOR HEART FAILURE CARE. THESE RECOGNITIONS SIGNIFY THAT WAKEMED HAS REACHED AN AGGRESSIVE GOAL OF TREATING BOTH STROKE AND HEART FAILURE PATIENTS ACCORDING TO THE GUIDELINES OF CARE RECOMMENDED BY THE AMERICAN STROKE ASSOCIATION, AMERICAN HEART ASSOCIATION, AND AMERICAN COLLEGE OF CARDIOLOGY. BOTH WAKEMED CARY HOSPITAL AND WAKEMED RALEIGH CAMPUS RECEIVED CHEST PAIN CENTER ACCREDITATION BY THE SOCIETY OF CARDIOVASCULAR PATIENT CARE, AND BOTH RECEIVED THE JOINT COMMISSION ADVANCED CERTIFICATION FOR PRIMARY STROKE CENTER. IN ADDITION, WAKEMED RALEIGH CAMPUS RECEIVED A THREE STAR RATING FROM THE SOCIETY OF THORACIC SURGEONS, IS RATED A TOP 50 CARDIOVASCULAR HOSPITAL BY IBM WATSON HEALTH, AND RECEIVED THE 2021 CIGNA CENTER OF EXCELLENCE DESIGNATION FOR HEART SURGERY & CARDIAC CATHETERIZATION AND ANGIOPLASTY. WAKEMED IS THE FIRST US HEALTH CARE SYSTEM TO IMPLEMENT ENHANCED RECOVERY AFTER CARDIAC SURGERY, WHICH CAUSE IT TO BE THE FIRST HOSPITAL TO BE NAMED A CENTER OF EXCELLENCE BY THE ERAS SOCIETY. A KEY SUPPORT SERVICE FOR OUR COMMUNITY, WAKEMED MOBILE CRITICAL CARE SERVICES IS A COMPREHENSIVE MEDICAL TRANSPORT PROGRAM THAT IMPROVES ACCESS TO ACUTE CARE AND FACILITATES TRANSPORT INTO, OUT OF, AND ACROSS THE HEALTH CARE SYSTEM. WAKEMED MOBILE CRITICAL CARE SERVICES TRANSPORTS PATIENTS THROUGHOUT THE REGION AND STATE. IN FY2025, THE TEAM TRANSPORTED 23,103 PATIENTS. WAKEMED'S HEART CENTER HAS MADE SIGNIFICANT STRIDES IN PROGRAMS AND SERVICES AIMING TO REDUCE HEART DISEASE AND DIABETES, IMPROVE STROKE OUTCOMES AND IMPROVE PATIENTS' UNDERSTANDING OF DISEASE MANAGEMENT. WE KNOW THAT TEACHING PATIENTS ABOUT THEIR RISK FACTORS FOR HEART DISEASE AND ENCOURAGING HEALTHY BEHAVIORS THROUGH LIFESTYLE CHANGES BUILDS A FOUNDATION FOR A HEALTHIER POPULATION. THUS, THE WAKEMED HEART CENTER PROVIDES A COMPREHENSIVE CONTINUUM OF CARE FOR THE CARDIAC PATIENT FROM OUTREACH EDUCATION AND PREVENTION TO DIAGNOSIS, INTERVENTION, SURGERY, CARDIAC REHABILITATION AND ONGOING DISEASE MANAGEMENT FOR HEART FAILURE DIABETES. FREE EDUCATION PROGRAMS ARE OFFERED REGULARLY FOR OUR PATIENTS, THEIR FAMILY MEMBERS AND THE COMMUNITY TO COMPLEMENT OUR COMPREHENSIVE CARE SERVICES. BECAUSE THE FASTEST INTERVENTION PROVIDES THE BEST OUTCOMES, ALL OF WAKEMED'S EMERGENCY DEPARTMENTS ARE CERTIFIED CHEST PAIN CENTERS. WAKEMED RALEIGH CAMPUS AND CARY HOSPITAL ARE DESIGNATED PRIMARY STROKE CENTERS. ADDITIONALLY, WAKEMED'S HEART CENTER PROVIDES FREE HEALTH SCREENINGS THROUGHOUT THE COMMUNITY INCLUDING CHOLESTEROL SCREENINGS, BLOOD PRESSURE CHECKS, VASCULAR SCREENINGS, AND STROKE ASSESSMENTS. THESE SCREENINGS ARE DESIGNED TO BE A SECONDARY PREVENTION ACTIVITY TO DETECT EARLY ONSET OF DISEASE OR ILLNESS. WAKEMED HEART & VASCULAR PROVIDES NUMEROUS OPPORTUNITIES FOR HEART HEALTH EDUCATION AND CPR TRAINING IN THE COMMUITY. ONE OF OUR KEY OUTREACH PROGRAMS IS CPR ANYTIME. THIS PROGRAM IS PROVIDED AT MULTIPLE LOCATIONS IN WAKE COUNTY THROUGHOUT THE YEAR AND THE CPR ANYTIME KITS ARE PROVIDED AT NO COST TO PARTICIPANTS. WAKEMED DOES MAKE THE OPPORTUNITY FOR DONATIONS AVAILABLE TO HELP UNDERWRITE SOME OF THE COST AND ALLOW THE PROGRAM TO CONTINUE TO GROW. DONATIONS COVER LESS THAN 5% OF THE OVERALL COST.
Expenses $308,581,425 · Revenue $293,178,601
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $179,342,450 · Revenue $350,387,693
-
OTHER PROGRAM SERVICES INCLUDE HOSPITAL IN AND OUTPATIENT ANCILLARY CARE SERVICES IN OTHER SPECIALTY AREAS NOT LISTED ABOVE.
Expenses $1,050,768,482 · Grants $2,446,070 · Revenue $1,210,037,532
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.
Listed in Part VII
-
Christina Alvarado ShanahanCHRISTINA ALVARADO SHANAHAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.8 + 1.8 related
-
Dan Blue IIIDAN BLUE III
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2.1 + 2.1 related
-
Fred AndersonFRED ANDERSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.4 + 1.4 related
-
J Blount WilliamsJ BLOUNT WILLIAMS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.6 + 1.6 related
-
James Anthony PenryJAMES ANTHONY PENRY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.4 + 1.4 related
-
Keemia ShawKEEMIA SHAW
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.2 + 1.2 related
-
Laura K Helton MDLAURA K HELTON MD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.8 + 1.8 related
-
Margaret BrattonMARGARET BRATTON
BOARD MEMBER, VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1.8 + 1.8 related
-
Mary Nash RusherMARY NASH RUSHER
BOARD MEMBER, SECRETARY
- Total calculated
- $0
- Hours/week
- 2.1 + 2.1 related
-
Michael PainterMICHAEL PAINTER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.8 + 1.8 related
-
Peter M Scott IIIPETER M SCOTT III
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.8 + 1.8 related
-
Robert C Rice JrROBERT C RICE JR
BOARD MEMBER (UNTIL 5/25/2025)
- Total calculated
- $0
- Hours/week
- 2.1 + 2.1 related
-
Satish GarimellaSATISH GARIMELLA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.6 + 1.6 related
-
Sonia BarnesSONIA BARNES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2.1 + 2.1 related
-
Thad L McDonald MDTHAD L MCDONALD MD
BOARD MEMBER, CHAIR
- Total calculated
- $0
- Hours/week
- 3.2 + 3.2 related
-
David NussmanDAVID NUSSMAN
VP, COMPLIANCE & PRIVACY OFFICER INTERIM
- Total calculated
- $201,014
- From this org
- $158,767
- From related orgs
- $0
- Other
- $42,247
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $156,643
- Bonus
- $2,000
- Other
- $124
- Deferred
- $10,069
- Nontaxable benefits
- $32,178
- Filer's total
- $201,014
-
Dionne WhitakerDIONNE WHITAKER
OFFICER-SECRETARY
- Total calculated
- $97,639
- From this org
- $89,612
- From related orgs
- $0
- Other
- $8,027
- Hours/week
- 50
-
Donald GintzigDONALD GINTZIG
PRESIDENT & CEO
- Total calculated
- $2,218,512
- From this org
- $2,193,903
- From related orgs
- $0
- Other
- $24,609
- Hours/week
- 80
Schedule J breakdown matched by us
- Base
- $1,386,023
- Bonus
- $735,700
- Other
- $72,180
- Deferred
- $20,700
- Nontaxable benefits
- $3,909
- Filer's total
- $2,218,512
-
Stephanie SessomsSTEPHANIE SESSOMS
EVP & CHIEF FINANCIAL OFFICER
- Total calculated
- $467,612
- From this org
- $423,968
- From related orgs
- $0
- Other
- $43,644
- Hours/week
- 65
Schedule J breakdown matched by us
- Base
- $419,010
- Bonus
- $2,000
- Other
- $2,958
- Deferred
- $18,959
- Nontaxable benefits
- $24,685
- Filer's total
- $467,612
-
Thomas GoughTHOMAS GOUGH
EVP & CHIEF OPERATING OFFICER
- Total calculated
- $704,007
- From this org
- $682,875
- From related orgs
- $0
- Other
- $21,132
- Hours/week
- 70
Schedule J breakdown matched by us
- Base
- $659,477
- Bonus
- $2,000
- Other
- $21,398
- Deferred
- $20,700
- Nontaxable benefits
- $432
- Filer's total
- $704,007
-
Brian LyndeBRIAN LYNDE
VP, CHIEF LEGAL OFFICER
- Total calculated
- $402,594
- From this org
- $364,063
- From related orgs
- $0
- Other
- $38,531
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $341,347
- Bonus
- $2,000
- Other
- $20,716
- Deferred
- $18,064
- Nontaxable benefits
- $20,467
- Filer's total
- $402,594
-
Carolyn KnaupCAROLYN KNAUP
SVP, STRATEGIC VENTURES & AMBULATORY OPERATIONS
- Total calculated
- $462,388
- From this org
- $416,796
- From related orgs
- $0
- Other
- $45,592
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $395,406
- Bonus
- $2,000
- Other
- $19,390
- Deferred
- $20,700
- Nontaxable benefits
- $24,892
- Filer's total
- $462,388
-
Charles Harr MDCHARLES HARR MD
CHIEF MEDICAL OFFICER, RALEIGH
- Total calculated
- $494,013
- From this org
- $469,703
- From related orgs
- $0
- Other
- $24,310
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $462,440
- Bonus
- $1,000
- Other
- $6,263
- Deferred
- $20,700
- Nontaxable benefits
- $3,610
- Filer's total
- $494,013
-
Christine CraigCHRISTINE CRAIG
VP, GOVERNMENTAL AFFAIRS
- Total calculated
- $376,674
- From this org
- $323,433
- From related orgs
- $0
- Other
- $53,241
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $304,310
- Bonus
- $2,000
- Other
- $17,123
- Deferred
- $18,910
- Nontaxable benefits
- $34,331
- Filer's total
- $376,674
-
Cynthia Alness-BoilyCYNTHIA ALNESS-BOILY
SVP, OPERATIONS & CNO
- Total calculated
- $490,436
- From this org
- $444,877
- From related orgs
- $0
- Other
- $45,559
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $420,564
- Bonus
- $2,000
- Other
- $22,313
- Deferred
- $17,617
- Nontaxable benefits
- $27,942
- Filer's total
- $490,436
-
Debra LaugheryDEBRA LAUGHERY
VP, MARKETING & COMMUNICATIONS
- Total calculated
- $399,424
- From this org
- $364,093
- From related orgs
- $0
- Other
- $35,331
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $341,047
- Bonus
- $2,000
- Other
- $21,046
- Deferred
- $20,519
- Nontaxable benefits
- $14,812
- Filer's total
- $399,424
-
Doug Trocinski MDDOUG TROCINSKI MD
CHIEF MEDICAL OFFICER, CARY ADMINISTRATION
- Total calculated
- $326,267
- From this org
- $315,580
- From related orgs
- $0
- Other
- $10,687
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $313,213
- Bonus
- $1,000
- Other
- $1,367
- Deferred
- $9,496
- Nontaxable benefits
- $1,191
- Filer's total
- $326,267
-
Gayla HarveyGAYLA HARVEY
VP, PAYOR STRATEGY & MANAGED CARE CONTRACTING
- Total calculated
- $361,898
- From this org
- $329,968
- From related orgs
- $0
- Other
- $31,930
- Hours/week
- 48
Schedule J breakdown matched by us
- Base
- $325,767
- Bonus
- $2,000
- Other
- $2,201
- Deferred
- $19,939
- Nontaxable benefits
- $11,991
- Filer's total
- $361,898
-
Jeronica GoodwinJERONICA GOODWIN
SVP, HUMAN RESOURCES & CHIEF PEOPLE OFFICER
- Total calculated
- $413,336
- From this org
- $381,699
- From related orgs
- $0
- Other
- $31,637
- Hours/week
- 65
Schedule J breakdown matched by us
- Base
- $379,109
- Bonus
- $2,000
- Other
- $590
- Deferred
- $20,246
- Nontaxable benefits
- $11,391
- Filer's total
- $413,336
-
John Perry MDJOHN PERRY MD
VP, MEDICAL INFORMATION
- Total calculated
- $458,529
- From this org
- $402,488
- From related orgs
- $0
- Other
- $56,041
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $397,641
- Bonus
- $2,000
- Other
- $2,847
- Deferred
- $20,700
- Nontaxable benefits
- $35,341
- Filer's total
- $458,529
-
Karen Bash MDKAREN BASH MD
CHIEF MEDICAL OFFICER, NORTH
- Total calculated
- $424,061
- From this org
- $390,579
- From related orgs
- $0
- Other
- $33,482
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $384,560
- Bonus
- $1,000
- Other
- $5,019
- Deferred
- $20,700
- Nontaxable benefits
- $12,782
- Filer's total
- $424,061
-
Karen Chilton MDKAREN CHILTON MD
SVP & CHIEF QUALITY OFFICER
- Total calculated
- $444,997
- From this org
- $424,297
- From related orgs
- $0
- Other
- $20,700
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $421,646
- Bonus
- $2,000
- Other
- $651
- Deferred
- $20,700
- Nontaxable benefits
- $0
- Filer's total
- $444,997
-
Micah Krempasky MDMICAH KREMPASKY MD
CHIEF MEDICAL OFFICER, MENTAL HEALTH & WELL-BEING
- Total calculated
- $416,847
- From this org
- $364,177
- From related orgs
- $0
- Other
- $52,670
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $347,630
- Bonus
- $16,004
- Other
- $543
- Deferred
- $20,700
- Nontaxable benefits
- $31,970
- Filer's total
- $416,847
-
Peter MarksPETER MARKS
VP & CHIEF INFORMATION OFFICER
- Total calculated
- $458,216
- From this org
- $436,680
- From related orgs
- $0
- Other
- $21,536
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $416,145
- Bonus
- $2,000
- Other
- $18,535
- Deferred
- $19,571
- Nontaxable benefits
- $1,965
- Filer's total
- $458,216
-
Rebecca AndrewsREBECCA ANDREWS
SVP & ADMINISTRATOR RALEIGH
- Total calculated
- $562,033
- From this org
- $527,134
- From related orgs
- $0
- Other
- $34,899
- Hours/week
- 70
Schedule J breakdown matched by us
- Base
- $501,669
- Bonus
- $2,000
- Other
- $23,465
- Deferred
- $20,700
- Nontaxable benefits
- $14,199
- Filer's total
- $562,033
-
Rick ShrumRICK SHRUM
VP & CHIEF STRATEGY OFFICER
- Total calculated
- $445,798
- From this org
- $397,363
- From related orgs
- $0
- Other
- $48,435
- Hours/week
- 65
Schedule J breakdown matched by us
- Base
- $392,583
- Bonus
- $2,000
- Other
- $2,780
- Deferred
- $20,700
- Nontaxable benefits
- $27,735
- Filer's total
- $445,798
-
Seth Brody MDSETH BRODY MD
EVP, CHIEF PHYSICIAN EXECUTIVE
- Total calculated
- $703,294
- From this org
- $682,594
- From related orgs
- $0
- Other
- $20,700
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $677,387
- Bonus
- $2,000
- Other
- $3,207
- Deferred
- $20,700
- Nontaxable benefits
- $0
- Filer's total
- $703,294
-
Thomas CavenderTHOMAS CAVENDER
VP, FACILITIES & CONSTRUCTION
- Total calculated
- $400,131
- From this org
- $368,040
- From related orgs
- $0
- Other
- $32,091
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $344,883
- Bonus
- $2,000
- Other
- $21,157
- Deferred
- $20,700
- Nontaxable benefits
- $11,391
- Filer's total
- $400,131
-
Thomas HughesTHOMAS HUGHES
SVP & ADMINISTRATOR CARY
- Total calculated
- $365,964
- From this org
- $340,324
- From related orgs
- $0
- Other
- $25,640
- Hours/week
- 57
Schedule J breakdown matched by us
- Base
- $336,823
- Bonus
- $2,000
- Other
- $1,501
- Deferred
- $20,625
- Nontaxable benefits
- $5,015
- Filer's total
- $365,964
-
Valerie BarlowVALERIE BARLOW
SVP & ADMINISTRATOR NORTH
- Total calculated
- $420,260
- From this org
- $366,514
- From related orgs
- $0
- Other
- $53,746
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $363,621
- Bonus
- $2,000
- Other
- $893
- Deferred
- $20,700
- Nontaxable benefits
- $33,046
- Filer's total
- $420,260
-
Ashish Patel MDASHISH PATEL MD
PHYSICIAN
- Total calculated
- $1,686,813
- From this org
- $1,631,093
- From related orgs
- $0
- Other
- $55,720
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $806,502
- Bonus
- $822,517
- Other
- $2,074
- Deferred
- $20,700
- Nontaxable benefits
- $35,020
- Filer's total
- $1,686,813
-
Bryon Boulton MDBRYON BOULTON MD
PHYSICIAN
- Total calculated
- $1,526,300
- From this org
- $1,473,309
- From related orgs
- $0
- Other
- $52,991
- Hours/week
- 62
Schedule J breakdown matched by us
- Base
- $1,140,071
- Bonus
- $331,528
- Other
- $1,710
- Deferred
- $20,700
- Nontaxable benefits
- $32,291
- Filer's total
- $1,526,300
-
Judson Williams MDJUDSON WILLIAMS MD
PHYSICIAN
- Total calculated
- $1,415,728
- From this org
- $1,362,737
- From related orgs
- $0
- Other
- $52,991
- Hours/week
- 82
Schedule J breakdown matched by us
- Base
- $1,018,803
- Bonus
- $342,836
- Other
- $1,098
- Deferred
- $20,700
- Nontaxable benefits
- $32,291
- Filer's total
- $1,415,728
-
Kevin Manocha MDKEVIN MANOCHA MD
PHYSICIAN
- Total calculated
- $1,349,908
- From this org
- $1,324,127
- From related orgs
- $0
- Other
- $25,781
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $448,253
- Bonus
- $875,461
- Other
- $413
- Deferred
- $11,340
- Nontaxable benefits
- $14,441
- Filer's total
- $1,349,908
-
Timothy Harris MDTIMOTHY HARRIS MD
PHYSICIAN
- Total calculated
- $1,344,435
- From this org
- $1,291,557
- From related orgs
- $0
- Other
- $52,878
- Hours/week
- 64
Schedule J breakdown matched by us
- Base
- $828,442
- Bonus
- $459,152
- Other
- $3,963
- Deferred
- $20,700
- Nontaxable benefits
- $32,178
- Filer's total
- $1,344,435
-
Roylyn JohnsonROYLYN JOHNSON
FORMER SECRETARY (UNTIL 2/07/2023)
- Total calculated
- $137,159
- From this org
- $128,548
- From related orgs
- $0
- Other
- $8,611
Schedule J breakdown matched by us
- Base
- $124,836
- Bonus
- $2,000
- Other
- $1,712
- Deferred
- $7,752
- Nontaxable benefits
- $859
- Filer's total
- $137,159
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
- 7 · Other non-fixed payments
Answered no
- 1b · Written policy on the line-1a expenses
- 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 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 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
-
WAKE COUNTY HUMAN SERVICES
$883,417
GENERAL SUPPORT
-
$404,693
MEDICAL CARE
-
MEDICAL CARE
-
DEBNAM CLINIC
$131,520
MEDICAL CARE
-
$125,000
GENERAL SUPPORT
-
$75,000
GENERAL SUPPORT
-
$55,000
GENERAL SUPPORT
-
GENERAL SUPPORT
-
$48,000
GENERAL SUPPORT
-
$28,250
GENERAL SUPPORT
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.
-
501(C)(3) · LEASING · NC
Directly controlled by NA
-
501(C)(3) · MEDICAL · NC
Directly controlled by NA
-
501(C)(3) · VOLUNTEERS · NC
Directly controlled by NA
-
501(C)(3) · SUPPORT · NC
Directly controlled by NA
-
THE VOLUNTEERS AT RALEIGH CAMPUS
501(C)(3) · VOLUNTEERS · 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.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
WAKE SPECIALTY PHYSICIANS LLC
MEDICAL OFFICE · NC · income $70,906,890 · assets $50,925,041
Directly controlled by NA
-
CSAMS NEW BERN AVENUE LLC
HEALTHCARE · NC · income $0 · assets $0
Directly controlled by NA
-
WAKEMED SPECIALISTS GROUP LLC
MEDICAL OFFICE · NC · income $24,476,441 · assets $53,214,469
Directly controlled by NA
-
NETWORK FOR ADVANCING BEHAVIORAL HEALTH
HEALTHCARE · NC · income $0 · assets $0
Directly controlled by NA
-
CONNECTED COMMUNITY
HEALTHCARE · NC · income $0 · assets $0
Directly controlled by NA
-
WAKEMED INNOVATIONS LLC
HEALTHCARE · NC · income $0 · assets $0
Directly controlled by NA
-
WAKEMED SURGERY CENTER - CARY LLC
HEALTHCARE · NC · income $2,945,854 · assets $6,881,748
Directly controlled by NA
-
WAKEMED SURGERY CENTER - NORTH RALEIGH LLC
HEALTHCARE · NC · income $695,688 · assets $10,564,697
Directly controlled by NA
-
WAKEMED TRAVEL STAFFING LLC
HEALTHCARE · NC · income $0 · assets -$4,642
Directly controlled by NA
-
WAKEMED ANCILLARY SERVICES LLC
HEALTHCARE · NC · income $0 · assets $0
Directly controlled by NA
-
WAKEMED AUXILIARY SERVICES LLC
SHARED SERVICES · NC · income $0 · assets $0
Directly controlled by NA
-
WAKEMED OP LLC
HEALTHCARE · NC · income $86,679,852 · assets $22,066,762
Directly controlled by NA
-
WSG INVESTMENT ENTITY - CARY LLC
HEALTHCARE · NC · income $0 · assets $0
Directly controlled by NA
-
WAKEMED SURGICAL VENTURES
HEALTHCARE · NC · income $0 · assets $0
Directly controlled by NA
-
WAKEMED BEHAVIORAL HEALTH SERVICES LLC
HEALTHCARE · NC · income $0 · assets $0
Directly controlled by NA
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
CAPITAL CITY SURG CNTR
RELATED · HEALTHCARE · NC · 51% owned
Directly controlled by NA
-
HOLLY SPRINGS SURGICAL VENTURE LLC
RELATED · HEALTHCARE · NC · 67% owned
Directly controlled by NA
-
PEDIATRIC MSO LLC
RELATED · HEALTHCARE · NC · 51% owned
Directly controlled by NA
-
WAKE PET SERVICES LLC
RELATED · HEALTHCARE · NC · 51.5% owned
Directly controlled by NA
-
WAKEMED CHILDREN'S PM PEDIATRICS URGENT CARE LLC
RELATED · HEALTHCARE · NC · 51% owned
Directly controlled by NA
-
WAKEMED INNOVATIONS VENTURE FUND LLC
RELATED · HEALTHCARE · NC · 98% owned
Directly controlled by NA
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 · controlled entity
Directly controlled by NA
-
QUALITY TEXTILE SERVICES
C CORPORATION · TEXTILE SERVICES · NC · 50% owned
Directly controlled by NA
-
WAKEMED KEY COMMUNITY CARE LLC
C CORPORATION · HEALTHCARE · NC · 50% owned
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 August 2026
- IRS schema version
- 2024v5.1
- Source object
- 202642299349302219
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.