2024-11-14T12:40:33-06:00 2023-12-31 990 2023-01-01 561752396 NEW HANOVER REGIONAL MEDICAL CENTER FOUNDATION INC NEWH 3362772411 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 ALICE POPE EVP & CFO 3362772411 2024-11-14 1 2023 2024-10-15 13:58:12Z CARL ARMATO 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 64123587 0 X WWW.SUPPORTNOVANTHEALTH.ORG X 1991 NC SEE SCHEDULE O 13 13 0 89 0 0 2104005 1536233 0 0 2983440 2869729 0 0 5087445 4405962 1725120 2179012 0 0 0 0 0 0 5937 322437 333379 2047557 2512391 3039888 1893571 78035660 123547688 527796 394933 77507864 123152755 X SEE SCHEDULE O 0 0 2414146 2179012 0 THE ORGANIZATION OPERATES TO RAISE COMMUNITY SUPPORT AND FUNDING THROUGH CHARITABLE GIVING FOR ESSENTIAL PROGRAMS, IMPROVED FACILITIES, AND STATE-OF-THE-ART TECHNOLOGY OF NOVANT HEALTH NEW HANOVER REGIONAL MEDICAL CENTER, A NON-PROFIT HOSPITAL LOCATED IN WILMINGTON, NC. 2414146 1 1 0 0 0 0 0 0 0 1 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X X WENDI STOCKSTILL 3362772411 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 ASHLEY WELLS TRUSTEE (FR 5/23/23) 0.20 0.00 X 0 0 0 DENNIS DOLL TRUSTEE, VICE CHAIR (FR 11/9/23) 0.20 0.00 X X 0 0 0 FRANK HOBART MD TRUSTEE 0.20 0.00 X 0 0 0 JOHN PACE MD TRUSTEE 0.20 0.00 X 0 0 0 JOSHUA LAMBETH TRUSTEE 0.20 0.00 X 0 0 0 KATHERINE MCKENZIE TRUSTEE 0.20 0.00 X 0 0 0 KIMBERLY DICKENS TRUSTEE (TO 2/14/23) 0.20 0.00 X 0 0 0 LENWOOD DEAN TRUSTEE 0.20 0.00 X 0 0 0 MARTIN MEYERSON MD TRUSTEE 0.20 0.00 X 0 0 0 JOHN MONTEITH TRUSTEE (TO 4/2/23) 0.20 0.00 X 0 0 0 ROBERT JOHNSTON VICE CHAIR/TREAS, CHAIR (FR 11/9/23) 0.20 0.00 X X 0 0 0 SHELBOURN STEVENS RRT RCP TRUSTEE(TO 6/29/23)/PRES/COO NHNHRMC 0.20 50.00 X 0 1097495 30138 SLOAN TURNER DVM TRUSTEE 0.20 0.00 X 0 0 0 BRYAN DURHAM MD TRUSTEE 0.20 0.00 X 0 0 0 TANYA JORDAN TRUSTEE (FR 5/23/23) 0.20 0.00 X 0 0 0 WILLIAM PURVIS CHAIR (TO 11/9/23),TTE (TO 12/31/23) 0.20 0.00 X X 0 0 0 DANA CASSON EXEC DIRECTOR (FR 1/30/23) 50.00 0.00 X 0 335411 53796 DOROTHY ANN CAULKINS SVP FDN 8.00 42.00 X 0 725233 111754 FRED HARGETT EVP/CFO (TO 9/6/23) 0.20 50.00 X 0 2400670 50705 GEOFFREY GARDNER CFO (FR 9/6/23) 0.20 50.00 X 0 909106 128749 JULIA SCHORR DAVIS EXEC DIRECTOR (TO 1/30/23) 50.00 0.00 X 0 236088 23071 0 5704003 398213 0 0 1 0 0 1536233 2900 1536233 1240602 1240602 61346752 59717625 1629127 1629127 1629127 4405962 0 0 2869729 2050569 2050569 128443 128443 92308 92308 214964 214964 9294 9294 MISCELLANEOUS 10795 4858 5937 EDUCATION 6018 6018 2512391 2414146 92308 5937 1960018 1247437 1218752 1264445 322689 0 0 0 68466015 94237613 5243711 25940557 824475 857636 78035660 123547688 5105 0 522691 394933 527796 394933 X 55170235 99524629 22337629 23628126 77507864 123152755 78035660 123547688 X 1893571 6198534 37552786 X 0 1 X 1 0 X 1556913 1950103 533075 2104005 1536233 7680329 1556913 1950103 533075 2104005 1536233 7680329 472040 7208289 526361 985143 827596 1479469 1240602 5059171 12739500 0.56580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2685335 2500 2687835 2682835 2500 2685335 2681946 889 2682835 2580335 101611 2681946 2577835 2500 2580335 0.00000 1.00000 0.00000 0 0 0 OTHER SECURITIES 25940557 C 25940557 0 DUE TO AFFILIATES 394933 394933 X PART V, LINE 4: THE ENDOWMENT FUNDS ARE HELD FOR AFFILIATE HOSPITAL SERVICE COSTS RELATED TO VARIOUS CENTERS AT THE ACUTE CARE FACILITIES. ADDITIONAL RESTRICTED SPENDING ENCOMPASSES EMPLOYEES ASSISTANCE PROGRAM, MEDICAL STAFF DEVELOPMENT, PATIENT ASSISTANCE AND OTHER PROGRAMS THAT BENEFIT THE HOSPITAL. PART X, LINE 2: PART X, LINE 2: LIABILITY UNDER FIN 48 (ASC 740) FOOTNOTE THE AUDIT FOR NOVANT HEALTH AND ITS AFFILIATES IS PREPARED ON A CONSOLIDATED BASIS. THE COMPANY IS REQUIRED TO EVALUATE UNCERTAIN TAX POSITIONS. THIS EVALUATION INCLUDES A QUANTIFICATION OF TAX RISK IN AREAS SUCH AS UNRELATED BUSINESS TAXABLE INCOME AND THE TAXATION OF OUR FOR-PROFIT SUBSIDIARIES. THIS EVALUATION DID NOT HAVE A MATERIAL EFFECT ON THE COMPANY'S CONSOLIDATED STATEMENTS OF OPERATIONS AND CHANGES IN NET ASSETS FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022. 1 NOVANT HEALTH INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 561376950 501(C)(3) 2013914 0 TO SUPPORT NH NEW HANOVER REGIONAL MEDICAL CENTER PENDER MEMORIAL HOSPITAL INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 560653348 501(C)(3) 26346 0 TO SUPPORT NH PENDER MEDICAL CENTER CAROLINA HEALTHCARE ASSOCIATES INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 562049697 501(C)(3) 6924 0 TO SUPPORT NHRMC PHYSICIANS GROUP 3 0 SCHOLARSHIPS 25 65913 EMPLOYEE BENEVOLENT FUND GIFTS 69 62530 PART I, LINE 2: PART I, LINE 2: PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS THE FILING ORGANIZATION IS PART OF THE INTEGRATED HEALTHCARE SYSTEM OPERATED BY NOVANT HEALTH, INC. ("NOVANT HEALTH"), THE PARENT ORGANIZATION. NOVANT HEALTH'S BYLAWS AUTHORIZE IT TO ESTABLISH CERTAIN POLICIES FOR ALL OF ITS SUBSIDIARIES WITHIN THE SYSTEM. NOVANT HEALTH HAS ESTABLISHED A SYSTEM-WIDE CORPORATE POLICY WITH STANDARDIZED GUIDELINES THAT ARE TO BE USED IN REVIEWING THE ELIGIBILITY AND SELECTION OF GRANTEES RECEIVING CERTAIN EXEMPT PURPOSE FUNDS. THE FILING ORGANIZATION MAINTAINS DOCUMENTATION OF THE ELIGIBILITY AND SELECTION CRITERIA AND RECORDS OF THE AMOUNTS ARE MAINTAINED VIA THE GENERAL LEDGER. FUNDS ARE GENERALLY NOT TRACKED AFTER BEING GRANTED, AS THE ORIGINAL ELIGIBILITY AND SELECTION CRITERIA HAVE ALREADY BEEN MET. 1 1 0 0 0 0 0 0 0 FRED HARGETT EVP/CFO (TO 9/6/23) 0 886648 0 1074292 0 439730 0 19800 0 30905 0 2451375 0 0 SHELBOURN STEVENS RRT RCP TRUSTEE(TO 6/29/23)/PRES/COO NHNHRMC 0 306242 0 475126 0 316127 0 18144 0 11994 0 1127633 0 0 GEOFFREY GARDNER CFO (FR 9/6/23) 0 496309 0 343441 0 69356 0 98858 0 29891 0 1037855 0 25993 DOROTHY ANN CAULKINS SVP FDN 0 362587 0 272742 0 89904 0 78889 0 32865 0 836987 0 38250 DANA CASSON EXEC DIRECTOR (FR 1/30/23) 0 264517 0 37180 0 33714 0 17099 0 36697 0 389207 0 0 JULIA SCHORR DAVIS EXEC DIRECTOR (TO 1/30/23) 0 217846 0 17470 0 772 0 0 0 23071 0 259159 0 0 PART I, LINE 3 THE FILING ORGANIZATION IS AN INTEGRAL PART OF NOVANT HEALTH, AN INTEGRATED HEALTHCARE SYSTEM AND RELIES UPON NOVANT HEALTH, INC., THE PARENT ORGANIZATION, TO USE THE PROCESS DESCRIBED IN PART VI, LINE 15A/15B OF THIS RETURN TO ESTABLISH COMPENSATION FOR CERTAIN EXECUTIVES. THIS PROCESS ADHERES TO THE REQUIREMENTS SET FORTH TO SECURE THE REBUTTABLE PRESUMPTION OF REASONABLENESS AND INCLUDES A REVIEW AND APPROVAL BY INDEPENDENT AND DISINTERESTED MEMBERS OF A COMPENSATION COMMITTEE, CONSULTATION WITH INDEPENDENT COMPENSATION CONSULTANTS, THE UTILIZATION OF THIRD-PARTY COMPARABILITY DATA SUCH AS PUBLISHED COMPENSATION SURVEYS, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. PART I, LINES 4A-B PART I, LINES 4A-C: SEVERANCE, NONQUALIFIED, AND EQUITY-BASED PAYMENTS SEVERANCE SHELBOURN STEVENS RRT, RCP $284,834 NONQUALIFIED DOROTHY ANN CAULKINS $43,170 GEOFFREY GARDNER $25,993 EQUITY-BASED NONE PART I, LINE 4A - SEVERANCE PLAN: ELIGIBLE EXECUTIVES MAY RECEIVE SEVERANCE PAY THAT IS BASED ON ANNUAL COMPENSATION FOR A SPECIFIED PERIOD OF TIME. THE SEVERANCE PAY WOULD BE PAID ONLY IN THE EVENT OF CERTAIN TYPES OF EMPLOYMENT TERMINATION, AND IS FURTHER CONTINGENT ON THE SATISFACTION OF OTHER CONDITIONS SUCH AS COMPLIANCE WITH A NON-COMPETITION COVENANT. ANY CURRENT YEAR PAYMENTS HAVE BEEN INCLUDED IN THE COMPENSATION AMOUNTS REPORTED IN PART VII AND IN COLUMN (B)(III) OF SCHEDULE J. THE COMPENSATION AND LEADERSHIP COMMITTEE OF THE NOVANT HEALTH BOARD REVIEWS, APPROVES, AND OVERSEES ALL ASPECTS AND ALL ELEMENTS OF EXECUTIVE COMPENSATION AND BENEFITS, INCLUDING THE AMOUNTS AWARDED UNDER THIS SEVERANCE PLAN. PART I, LINE 4B - SUPPLEMENTAL NONQUALIFIED RETIREMENT PLANS: THE SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN ("SERP") IS INTENDED TO SUPPORT RETENTION OF KEY EXECUTIVES, AND TO OFFER COMPETITIVE TOTAL COMPENSATION. GENERALLY, ANNUAL CONTRIBUTIONS TO THE PLAN OR PAYMENTS TO PARTICIPANTS WILL BE BASED ON A PERCENTAGE OF THE PARTICIPANT'S BASE SALARY AS OF JANUARY 1ST OF THE PREVIOUS PLAN YEAR AND ARE REPORTED IN COLUMN (C) OF SCHEDULE J. PRIOR TO MAKING THE CONTRIBUTIONS OR PAYMENTS, THE NOVANT HEALTH COMPENSATION AND LEADERSHIP COMMITTEE ("COMMITTEE") WILL APPROVE THE AMOUNTS AS TO REASONABLENESS, WHEN COMBINED WITH ALL OTHER ANNUAL COMPENSATION. A 3 YEAR CLASS-YEAR VESTING PERIOD WILL APPLY UP TO AGE 62, WHEN ALL MONEY WOULD BE VESTED AND PAID OUT TO THE PARTICIPANT. OTHERWISE, VESTING WILL OCCUR ON JANUARY 1ST OF EACH YEAR FOR THE APPROPRIATE CLASS-YEAR VESTING PERIOD. THE COMMITTEE REVIEWS, APPROVES, AND OVERSEES ALL ASPECTS AND ALL ELEMENTS OF EXECUTIVE COMPENSATION AND BENEFITS, INCLUDING THE AMOUNTS AWARDED UNDER THIS SERP. FORM 990, PART I, LINE 1 NOVANT HEALTH IS A NON-PROFIT INTEGRATED HEALTHCARE SYSTEM OF 15 MEDICAL CENTERS WITH MORE THAN 35,000 EMPLOYEES AND 1,800 PHYSICIANS IN OVER 800 LOCATIONS, AS WELL AS NUMEROUS OUTPATIENT SURGERY CENTERS, MEDICAL PLAZAS, REHABILITATION PROGRAMS, DIAGNOSTIC IMAGING CENTERS AND COMMUNITY HEALTH OUTREACH PROGRAMS. HEADQUARTERED IN WINSTON-SALEM, NORTH CAROLINA, NOVANT HEALTH'S TEAM MEMBERS AND PHYSICIAN PARTNERS CARE FOR PATIENTS AND COMMUNITIES IN NORTH CAROLINA, SOUTH CAROLINA AND GEORGIA. THE NOVANT HEALTH INTEGRATED HEALTHCARE SYSTEM OPERATES TO CARRY OUT ITS CHARITABLE MISSION OF IMPROVING THE HEALTH OF COMMUNITIES IT SERVES AND MAKING HEALTHCARE REMARKABLE FOR PATIENTS. NOVANT HEALTH ACCOMPLISHES THAT MISSION BY PROVIDING AND SUPPORTING EXCELLENT HEALTHCARE FACILITIES AND PHYSICIAN PRACTICES AND BY MAKING A COMMITMENT TO COMMUNITY OUTREACH/SERVICE THROUGH THE PROVISION OF COMMUNITY BENEFIT PROGRAMS. BY BRINGING TOGETHER WORLD-CLASS TECHNOLOGY AND CLINICIANS TO PROVIDE QUALITY CARE, NOVANT HEALTH IS COMMITTED TO CREATING A HEALTHCARE EXPERIENCE THAT IS SIMPLER, MORE CONVENIENT, AND MORE AFFORDABLE SO PATIENTS CAN FOCUS ON GETTING BETTER AND STAYING HEALTHY. IN 2023, NOVANT HEALTH PROVIDED NEARLY 7 MILLION PATIENT VISITS AND OVER $1.5 BILLION OF COMMUNITY BENEFIT EXPENDITURES SYSTEM-WIDE. NEW HANOVER REGIONAL MEDICAL CENTER FOUNDATION, INC. ("NHRMCF") IS AN INTEGRAL PART OF THE NOVANT HEALTH. NHRMCF EXISTS TO SEEK GRANTS, ACCEPT GIFTS, INVEST FUNDS, AND ADMINISTER DONATIONS IN SUPPORT OF NOVANT HEALTH NEW HANOVER REGIONAL MEDICAL CENTER ("NHNHRMC"). NHRMCF'S MISSION IS TO SUPPORT THE NOVANT HEALTH SYSTEM IN IMPROVING THE HEALTH OF OUR COMMUNITIES, ONE PERSON AT A TIME. NHRMCF SUPPORTS PATIENTS, FAMILIES, CAREGIVERS, AND TEAM MEMBERS WITH PROGRAMS AND SERVICES PROVIDING EXPANDED CARE, TREATMENT AND PREVENTION OPTIONS AT NHRMC. NHRMCF ALSO PROVIDES MISSION-ALIGNED GRANTS TO COMMUNITY PARTNERS THAT HELP SUPPLEMENT HEALTHCARE AND PREVENTION PROGRAMS FOR UNDERSERVED AND UNINSURED PATIENTS. ITS DIVERSE BOARD OF COMMUNITY LEADERS IN NEW HANOVER COUNTY, NORTH CAROLINA PROVIDES STEWARDSHIP AND OVERSIGHT OF THE ORGANIZATION'S OPERATIONS AND ACTIVITIES. COMMUNITY OUTREACH COMMUNITY OUTREACH IS A CRITICAL COMPONENT TO THE MISSION OF NOVANT HEALTH. THE HEALTHCARE SYSTEM PROVIDES HUNDREDS OF PROGRAMS THAT SERVE PATIENTS, NEIGHBORS, AND SOME OF THE COMMUNITIES' MOST VULNERABLE CITIZENS. NOVANT ALSO PROVIDES FINANCIAL ASSISTANCE (I.E., CHARITY CARE) FOR ITS QUALIFIED UNINSURED PATIENTS, CATASTROPHIC SETTLEMENTS AND LONG-TERM PAYMENT PLANS TO MEDICALLY INDIGENT PATIENTS, SERVICES TO PATIENTS WITH MEDICARE, MEDICAID, AND OTHER GOVERNMENT MEDICAL PROGRAM COVERAGE (REIMBURSED AT LESS THAN COST), COMMUNITY HEALTH EDUCATION, SUPPORT GROUPS, SUBSIDIZED OUTREACH SERVICES, AND COMMUNITY EVENTS/SCREENINGS. IN ADDITION, NOVANT PARTICIPATES IN MEDICAL RESEARCH, AS WELL AS ACADEMIC HEALTH PROGRAMS AND PARTNERSHIPS WITH A DIVERSE GROUP OF ORGANIZATIONS TO PROVIDE OTHER COMMUNITY INITIATIVES. NOVANT HEALTH IS ALSO COMMITTED TO SUPPORTING THE COMMUNITIES IT SERVES THROUGH CHARITABLE CONTRIBUTIONS TO COMMUNITY-BASED PROGRAMS THAT IMPROVE HEALTH EQUITY AND UPWARD MOBILITY FOR THOSE WHO NEED IT MOST. TOWARD THAT GOAL, NOVANT INVESTS IN COMMUNITY-BASED PROGRAMS THAT ALIGN WITH ITS TWO INVESTMENT PRIORITIES OF DEVELOPING HEALTHY COMMUNITIES AND EXPANDING OPPORTUNITIES FOR HEALTHCARE EDUCATION. IN 2023, NHRMCF'S GIFTS, GRANTS, AND EARNINGS FROM INVESTMENTS WERE USED TO SUPPORT MANY PATIENT AND COMMUNITY OUTREACH PROGRAMS. EXAMPLES OF FINANCIAL SUPPORT PROVIDED TO NHNHRMC INCLUDE: - OPERATIONAL FUNDING TO ESTABLISH A HOSPITAL AT HOME PROGRAM AS A NEW CARE DELIVERY MODEL, PROVIDING THE SAME LEVEL OF CARE AS A HOSPITAL IN PATIENTS' HOMES, WITH THE GOAL OF LOWER COST OF CARE, SHORTER LENGTH OF STAY, LOWER RATES OF HOSPITAL ACQUIRED CONDITIONS, REDUCED READMISSIONS, AND IMPROVED PATIENT EXPERIENCE - CAPITAL FUNDING FOR A MASTER FACILITIES PLANNING ASSESSMENT AIMED AT DETERMINING HIGHEST USE OF EXISTING SPACE, INCLUDING A PHASE IN APPROACH TO IMPROVE FLOW FOR ACCESS TO HEALTHCARE SERVICES, EXPAND GROWING NEEDS FOR HEART & VASCULAR INSTITUTE ("HVI") AND PRE/POST PACU, AND DECREASE UTILIZED ADMINISTRATIVE SPACE - CAPITAL FUNDING FOR FOUR NEW CONTINUOUS RENAL REPLACEMENT THERAPY MACHINES - CAPITAL FUNDING FOR A NEW SET OF POWER STRETCHERS TO REDUCE INJURIES AND IMPROVE PATIENT SAFETY - CAPITAL FUNDING FOR A VIRTUAL SIMULATOR AND RELATED PERIPHERAL EQUIPMENT, PLACED AT BRUNSWICK COMMUNITY COLLEGE FOR MEDICAL TRAINING - CAPITAL FUNDING FOR AN OVERHEAD BODYWEIGHT SUPPORT SYSTEM, PROVIDING POSTURAL CONTROL AND WEIGHT-BEARING ASSISTANCE FOR FALL-FREE THERAPEUTIC ACTIVITIES, WHICH IS BENEFICIAL TO DECREASE THE EFFECTS OF GRAVITY FOR ANY PATIENT POPULATION, ESPECIALLY PATIENTS OF STROKE, SPINAL CORD INJURY, BRAIN INJURY, AND AMPUTATION - CAPITAL FUNDING TO PURCHASE NEW FRESENIUS MACHINES FOR WILLIE STARGELL DIALYSIS CENTER. THESE MACHINES ARE STATE OF THE ART EQUIPMENT THAT ENABLE DIALYSIS NURSES TO PROVIDE SPECIALTY CARE ENHANCING SAFETY, EFFICIENCY, AND EFFECTIVENESS. - ANNUAL SUPPLY OF NEWBORN SWADDLE BLANKETS TO BE GIVEN TO MOTHERS/FAMILIES DELIVERING BABIES AT NHNHRMC - OPERATIONAL FUNDING FOR THE HVI SYMPOSIUM, PROVIDING AN OPPORTUNITY FOR HEALTHCARE PROVIDERS TO EXPAND THEIR KNOWLEDGE AND IMPROVE PATIENT OUTCOMES - OPERATIONAL FUNDING TO THE OFFICE OF WELL-BEING AND RESILIENCE FOR IMPROVEMENT OF NHNHRMC TEAM MEMBER AND PHYSICIAN WELLNESS AND RESILIENCY FORM 990, PART III, LINE 1: OUR CAUSE (FKA MISSION, VISION AND VALUES) IN THE SPIRIT OF KEEPING OUR FOCUS ON PATIENT-CENTERED, EQUITABLE AND COMPASSIONATE CARE WHILE ENSURING OUR ORGANIZATION IS SUSTAINABLE FOR FUTURE GENERATIONS, WE HAVE RESTATED OUR MISSION, VISION AND VALUES AND ARE NOW GUIDED BY OUR CAUSE. OUR CAUSE WE CREATE A HEALTHIER FUTURE AND BRING REMARKABLE EXPERIENCES TO LIFE. DISCOVER WE CONSISTENTLY SEEK TO INNOVATE, COURAGEOUSLY TRANSFORM OURSELVES AND FIND NEW WAYS TO ADD VALUE FOR OUR PATIENTS, COMMUNITIES AND ONE ANOTHER. EMPOWER WE PROVIDE ONE ANOTHER, OUR PATIENTS, FAMILIES AND COMMUNITIES WITH THE RESOURCES AND ENVIRONMENT TO CREATE SHARED ACCOUNTABILITY AND ACTION. THRIVE WE DEMONSTRATE EQUITY, EMPATHY, SAFETY AND QUALITY TO HELP EACH OTHER, AND OUR COMMUNITIES GROW AND SUCCEED. TOGETHER WE WORK AS A TRUSTED TEAM WITH OUR UNIQUE PERSPECTIVES, LIFE EXPERIENCES AND EXPERTISE TO BRING REMARKABLE TO LIFE IN EVERY INTERACTION. WE ALL BELONG. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBERS OF THE BOARD OF DIRECTORS ARE APPOINTED BY NOVANT HEALTH COASTAL REGION, LLC. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF TRUSTEES OF NOVANT HEALTH COASTAL REGION, LLC HAVE THE RIGHT TO APPROVE AMENDMENTS TO THE ORGANIZATION'S BYLAWS AND ARTICLES OF INCORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD DELEGATES REVIEW OF THE FORM 990 TO NOVANT HEALTH'S BOARD OF TRUSTEES' AUDIT AND COMPLIANCE COMMITTEE ("THE COMMITTEE"), WHICH OVERSEES TAX MATTERS FOR ENTITIES IN THE NOVANT HEALTH SYSTEM. THE COMMITTEE IS THE REVIEW BODY FOR ALL OF THE FORM 990S FILED FOR TAX-EXEMPT ORGANIZATIONS WITHIN THE NOVANT HEALTH SYSTEM. THE COMMITTEE IS PROVIDED A COPY OF FORM 990 AND MEETS TO ADDRESS ANY QUESTIONS AND SIGNIFICANT DISCLOSURES WITHIN THE FORM 990 PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S TRUSTEE CONFLICT OF INTEREST POLICY APPLIES TO ALL TRUSTEES, PRINCIPAL OFFICERS OR MEMBERS OF A COMMITTEE WITH BOARD DELEGATED POWERS INCLUDING ANY APPLICABLE DISREGARDED ENTITIES. ALL TRUSTEES ARE SENT AN ANNUAL DISCLOSURE QUESTIONNAIRE. THE TRUSTEE ANNUAL DISCLOSURE QUESTIONNAIRES ARE REVIEWED BY THE COMPLIANCE AND TAX DEPARTMENTS. WITH RESPECT TO PARTICULAR TRANSACTIONS THAT COME BEFORE THE BOARD, THE CONFLICT OF INTEREST POLICY WOULD BE FOLLOWED. THE POTENTIAL CONFLICT OF INTEREST WOULD BE DISCLOSED BY THE BOARD MEMBER BEFORE A VOTE ON THE TRANSACTION AND THE REST OF THE BOARD WOULD DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS. IF THE REST OF THE BOARD DETERMINED THAT A CONFLICT OF INTEREST EXISTED THEN THE BOARD MEMBER WITH THE CONFLICT OF INTEREST WOULD NOT PARTICIPATE IN THE DELIBERATIONS AND VOTE. FORM 990, PART VI, SECTION B, LINE 15 FORM 990, PART VI, SECTION B, LINE 15A/15B: THE FILING ORGANIZATION IS AN INTEGRAL PART OF NOVANT HEALTH, AN INTEGRATED HEALTHCARE SYSTEM. INDEPENDENT AND DISINTERESTED BOARD MEMBERS OF THE PARENT ORGANIZATION, NOVANT HEALTH, INC. BOARD OF TRUSTEES (WHO COMPRISE THE COMPENSATION AND LEADERSHIP COMMITTEE OF THE BOARD), REVIEW, APPROVE, AND OVERSEE ALL ASPECTS OF COMPENSATION AND BENEFITS FOR CERTAIN LEADERS ("EXECUTIVES") SERVING AS OFFICERS, INCLUDING THE TOP MANAGEMENT OFFICIAL, OR KEY EMPLOYEES FOR NOVANT HEALTH ENTITIES. THE COMMITTEE WORKS WITH AN INDEPENDENT COMPENSATION CONSULTANT AND USES THIRD PARTY COMPARABILITY DATA FOR FUNCTIONALLY SIMILAR POSITIONS AT COMPARABLE ORGANIZATIONS TO ENSURE THAT TOTAL COMPENSATION AND BENEFITS FOR EACH EXECUTIVE IS REASONABLE. THE COMMITTEE REVIEWS AND APPROVES EXECUTIVE COMPENSATION AND BENEFITS ANNUALLY, CONSISTENT WITH THE WRITTEN EXECUTIVE COMPENSATION PHILOSOPHY OF NOVANT HEALTH, AND IN A MANNER THAT QUALIFIES FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS. THE ORGANIZATION DOES NOT HAVE ANY KEY EMPLOYEES AND THE ORGANIZATION'S ONLY OFFICERS, OTHER THAN THE TOP MANAGEMENT OFFICIAL, ARE STATE LAW BOARD OFFICERS. THESE EMPLOYEES DO NOT HOLD A CORPORATE POSITION OF INFLUENCE THAT RESULTS IN REVIEW OF THEIR COMPENSATION BY THE PARENT ORGANIZATION'S COMPENSATION AND LEADERSHIP COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS CONTAINING ALL ORGANIZATIONS IN THE NOVANT HEALTH SYSTEM ARE POSTED TO THE NOVANT HEALTH WEBSITE. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: NET ASSET TRANSFER 37,500,000. UNCOLLECTIBLE PLEDGES 19,625. CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE 33,161. AUXILIARY OF FORSYTH MEMORIAL HOSPITAL 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 560862112 GIFT SHOP NC 501(C)(3) LINE 10 FORSYTH MEMORIAL HOSPITAL INC 0 BRUNSWICK NOVANT MEDICAL CENTER FOUNDATION 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 274616751 FUNDRAISING NC 501(C)(3) LINE 7 BRUNSWICK COMMUNITY HOSPITAL LLC 0 CAROLINA HEALTHCARE ASSOCIATES INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 562049697 HEALTHCARE STAFFING NC 501(C)(3) LINE 3 NOVANT HEALTH NEW HANOVER REGIONAL MEDICAL CENTER LLC 0 COMMUNITY GENERAL HOSPITAL FOUNDATION INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 561828629 FUNDRAISING NC 501(C)(3) LINE 7 NOVANT HEALTH THOMASVILLE MEDICAL CENTER LLC 0 FORSYTH MEDICAL CENTER FOUNDATION 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 562120959 FUNDRAISING NC 501(C)(3) LINE 7 FORSYTH MEMORIAL HOSPITAL INC 0 FORSYTH MEMORIAL HOSPITAL INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 560928089 HEALTHCARE NC 501(C)(3) LINE 3 NOVANT HEALTH TRIAD REGION LLC 0 FOUNDATION HEALTH SYSTEMS CORP 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 561373175 HEALTHCARE NC 501(C)(3) LINE 10 NOVANT HEALTH INC 0 NHRMC HOME CARE 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 352379154 HEALTHCARE NC 501(C)(3) LINE 10 PENDER MEMORIAL HOSPITAL INC 0 NOVANT HEALTH INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 561376950 HEALTHCARE NC 501(C)(3) LINE 3 N/A 0 NOVANT MEDICAL GROUP INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 581728803 HEALTHCARE NC 501(C)(3) LINE 3 NMG SERVICES LLC 0 PENDER MEMORIAL HOSPITAL INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 560653348 HEALTHCARE NC 501(C)(3) LINE 3 NOVANT HEALTH NEW HANOVER REGIONAL MEDICAL CENTER LLC 0 PRESBYTERIAN HOSPITAL FOUNDATION 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 581413074 FUNDRAISING NC 501(C)(3) LINE 7 NOVANT HEALTH SOUTHERN PIEDMONT REGION LLC 0 ROWAN REGIONAL MEDICAL CENTER AUXILIARY 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 237022472 GIFT SHOP NC 501(C)(3) LINE 10 NOVANT HEALTH ROWAN MEDICAL CENTER LLC 0 ROWAN REGIONAL MEDICAL CENTER FOUNDATION INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 561424818 FUNDRAISING NC 501(C)(3) LINE 7 NOVANT HEALTH ROWAN MEDICAL CENTER LLC 0 SELF INSURANCE FUND - NOVANT HEALTH INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 581867242 INSURANCE NC 501(C)(3) LINE 12C, III-FI NOVANT HEALTH INC 0 THE PRESBYTERIAN HOSPITAL 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 560554230 HEALTHCARE NC 501(C)(3) LINE 3 NOVANT HEALTH SOUTHERN PIEDMONT REGION LLC 0 ADEPT HEALTH INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 562226937 ADMIN SERVICES NC N/A C 0 CHOICEHEALTH INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 561896065 MANAGED CARE NC N/A C 0 COMMUNICARE INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 561952950 RENTAL REAL ESTATE NC N/A C 0 KERNERSVILLE MEDICAL CENTER PARK OWNERS' ASSOCIATION 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 471511401 REAL PROPERTY MGMT NC N/A C 0 MEDQUEST INC & SUBSIDIARIES 3480 PRESTON RIDGE RD STE 600 ALPHARETTA GA 30005 223860764 DIAGNOSTIC IMAGING DE N/A C 0 SALEM DIAGNOSTICS INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 561513621 INACTIVE NC N/A C 0 SALEM HEALTH SERVICES INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 561342654 INACTIVE NC N/A C 0 THE PARK AT MONROE PROPERTY OWNERS ASSOCIATION INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 463910256 REAL PROPERTY MGMT NC N/A C 0 NOVANT HEALTH AFFILIATE II INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 934532877 INACTIVE NC N/A C 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0