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Nonprofit · EIN 33-2476324

DUKE HEALTH LAKE NORMAN REGIONAL MEDICAL CENTER INC

Tax-exempt · DURHAM, NC 27705

Financials

$34.6M$36M2024
Revenue Expenses · by fiscal year end
Financials of DUKE HEALTH LAKE NORMAN REGIONAL MEDICAL CENTER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$34,569,930$36,021,778-$1,451,848$313,555,900$12,198,310$301,357,590
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$34,526,877
Investment income
$0
Net rental income
$41,031
Other revenue
$43,053

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$10,524,359
Salaries, compensation and benefits (total)
$13,452,392
Professional fundraising fees
$0
Legal fees
$8,840
Occupancy
$816,657
Travel
$85,992
Depreciation
$1,390,198
Program services (functional)
$30,288,652
Management and general (functional)
$5,733,126

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$313,555,900
Total liabilities, end of year
$12,198,310
Net assets, end of year
$301,357,590
Land, buildings and equipment
$93,709,905
Net assets without donor restrictions
$301,357,590
Gross receipts
$34,569,930
Employees
0
Volunteers
0
Year formed
2024
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
CRAIG T ALBANESE MDDIRECTOR/PRESIDENT
Trustee or director, Officer
0.1$0$2,279,485$59,414
THOMAS A OWENS MDDIRECTOR/SECRETARY
Trustee or director, Officer
0.1$0$1,853,877$76,073
LISA M GOODLETTDIRECTOR/TREASURER
Trustee or director, Officer
0.1$0$1,253,560$62,316

Address and contacts

Address (IRS master file)
2200 W MAIN ST STE 300, DURHAM, NC 27705-4677
Principal officer (990 for 2024)
LISA M GOODLETT, 615 DOUGLAS ST STE 700, DURHAM, NC 27705
Signed the 990
LISA M GOODLETT, TREASURER
Phone
(919) 668-8910

Mission

SEE SCHEDULE O

990 for the year ended June 30, 2025

Program accomplishments

  • DUKE HEALTH LAKE NORMAN HOSPITAL IS A 123-BED ACUTE CARE HOSPITAL SERVING RESIDENTS OF IREDELL COUNTY AND THE SURROUNDING AREA. THE HOSPITAL PROVIDES 24-HOUR EMERGENCY CARE, LABOR AND DELIVERY SERVICES, CARDIOLOGY, GENERAL SURGERY, ORTHOPEDICS, WOUND CARE, AND OUTPATIENT IMAGING SERVICES.
    Expenses $30,288,652 · revenue $34,526,877

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024Check at the IRS

IRS record

EIN
33-2476324
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Hospital or medical research organization
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2025
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E20)
Assets (IRS master file)
$313,555,900
Income (IRS master file)
$34,569,930

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$34,569,930$36,021,778$313,555,900IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 33-2476324).

Questions about DUKE HEALTH LAKE NORMAN REGIONAL MEDICAL CENTER INC

What is the EIN of DUKE HEALTH LAKE NORMAN REGIONAL MEDICAL CENTER INC?
The employer identification number (EIN) of DUKE HEALTH LAKE NORMAN REGIONAL MEDICAL CENTER INC is 33-2476324.
Is DUKE HEALTH LAKE NORMAN REGIONAL MEDICAL CENTER INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
Are donations to DUKE HEALTH LAKE NORMAN REGIONAL MEDICAL CENTER INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DUKE HEALTH LAKE NORMAN REGIONAL MEDICAL CENTER INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of DUKE HEALTH LAKE NORMAN REGIONAL MEDICAL CENTER INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DUKE HEALTH LAKE NORMAN REGIONAL MEDICAL CENTER INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of DUKE HEALTH LAKE NORMAN REGIONAL MEDICAL CENTER INC?
The 990 for the year ended June 30, 2025 names LISA M GOODLETT.
Who are the officers and directors of DUKE HEALTH LAKE NORMAN REGIONAL MEDICAL CENTER INC?
The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does DUKE HEALTH LAKE NORMAN REGIONAL MEDICAL CENTER INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $34,569,930, expenses of $36,021,778 and total assets of $313,555,900 at year end.

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