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Nonprofit · EIN 56-0554230

PRESBYTERIAN HOSPITAL

Tax-exempt · WINSTON SALEM, NC 27103

Financials

$2B$1.7B2023$2.3B$1.9B2024
Revenue Expenses · by fiscal year end
Financials of PRESBYTERIAN HOSPITAL by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,274,729,924$1,852,763,844$421,966,080$4,829,574,533$199,564,145$4,630,010,388
December 31, 2023990$1,961,862,731$1,703,294,271$258,568,460$3,105,375,117$214,062,174$2,891,312,943
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$9,482,868
of which government grants
$5,374,913
Program service revenue
$2,251,981,097
Investment income
$773,095
Net rental income
$1,525,997
Net gain from sales of assets
$12,067
Net income from sales of inventory
$331,078
Other revenue
$12,492,864

Expenses

Grants and similar amounts paid
$4,549,249
Compensation of officers, directors and key employees
$2,374,080
Other salaries and wages
$531,457,767
Salaries, compensation and benefits (total)
$661,120,417
Professional fundraising fees
$0
Occupancy
$41,694,695
Travel
$976,557
Depreciation
$59,842,252
Program services (functional)
$1,517,807,714
Management and general (functional)
$334,956,130

Balance sheet and other

Total assets, start of year
$3,105,375,117
Total assets, end of year
$4,829,574,533
Total liabilities, end of year
$199,564,145
Net assets, end of year
$4,630,010,388
Land, buildings and equipment
$420,829,431
Net assets without donor restrictions
$4,630,010,388
Gross unrelated business income
$251,734
Gross receipts
$2,275,271,147
Employees
8,475
Volunteers
657
Year formed
1903
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
SAAD EHTISHAMTRUSTEE, SVP, PRES NHPMC/GCM
Trustee or director, Officer
50.2$1,340,881$0$177,203
GEOFFREY GARDNERCFO (TO 4/28/24)
Officer
0.2$0$1,254,252$45,078
SIDNEY FLETCHER MDSVP CHIEF CLINICAL OFFICER
Highest-paid employee
45$1,121,681$0$168,519
ALICE POPEEVP/CFO (FR 4/29/24)
Officer
0.2$0$991,687$183,469
ALAN ZAUSNER SKARBNIKONCOLOGIST
Highest-paid employee
45$1,053,018$0$57,601
PETER TURK MD FACSGENERAL SURGEON
Highest-paid employee
45$1,052,803$0$46,569
PATRICIA KROPFONCOLOGIST
Highest-paid employee
45$1,023,230$0$45,052
KELLIE SCHNEIDER MDOBGYN GYN ONC
Highest-paid employee
45$879,386$0$45,055
JAMIE FEINOURCOO PMC, PRES NHCOH
Key employee
50$788,957$0$67,039
MICHAEL RILEYFMR KE (12/31/21)
Former
50$679,905$0$47,486
KATRINA KINGFMR KE (12/31/21)
Former
0$0$430,971$30,084
KIMBERLY CASE MDTRUSTEE/PALLIATIVE CARE PHYSICIAN
Trustee or director
0.2$0$333,558$27,258
JAMES TAYLORCHAIR
Trustee or director, Officer
0.5$0$725$0
JAMES JOHNSON MDTRUSTEE
Trustee or director
0.2$0$0$0
JANELLE LYONSTRUSTEE
Trustee or director
0.2$0$0$0
7 more people on this return
NameTitleHours / weekCompensation
JOHN LEWISTRUSTEE
Trustee or director
0.2$0
KANDI DEITEMEYER EDDVICE CHAIR
Trustee or director, Officer
0.5$0
LUIS LOBOTRUSTEE
Trustee or director
0.2$0
MICHELLE LEETREASURER (TO 12/31/24)
Trustee or director, Officer
0.5$0
PATRICK WILSON MDTRUSTEE
Trustee or director
0.2$0
TALIA GOLDMANTRUSTEE (TO 12/31/24)
Trustee or director
0.2$0
THADDEUS JONESTRUSTEE
Trustee or director
0.2$0
990 for the year ended December 31, 2023: 29 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
FRED HARGETTEVP/CFO (TO 9/6/23)
Officer
0.2$0$2,400,670$50,705
SAAD EHTISHAMTRUSTEE, SVP, PRES NHPMC/GCM
Trustee or director, Officer
50.2$1,260,230$0$172,687
SIDNEY FLETCHER MDSVP, CH CLIN OFF
Highest-paid employee
45$1,091,207$0$158,633
PETER TURK MD FACSGENERAL SURGEON
Highest-paid employee
45$1,039,680$0$46,301
GEOFFREY GARDNERCFO (FR 9/6/23)
Officer
0.2$0$909,106$128,749
JANELLE FAUCI MDOBGYN GYN ONC
Highest-paid employee
45$959,647$0$44,902
KELLIE SCHNEIDER MDOBGYN GYN ONC
Highest-paid employee
45$929,204$0$44,847
JOHN MCDONALD MDCLIN PHYS EXEC
Highest-paid employee
45$824,126$0$59,868
JAMIE FEINOURCOO PMC, PRES NHCOH
Key employee
50$736,760$0$65,255
DAVID VOELLINGER MDTRUSTEE (TO 4/30/23)
Trustee or director
0.2$0$733,923$62,540
MICHAEL RILEYFMR KE (12/31/21)
Former
50$652,490$0$46,260
LARRY WEEMS II MDFMR KE (12/31/21)
Former
12.5$0$499,566$14,104
KATRINA KINGFMR KE (12/31/21)
Former
0$0$424,611$39,024
KIMBERLY CASE MDTRUSTEE
Trustee or director
0.2$0$334,673$29,427
KELLI SADLERFMR KE (12/31/21)
Former
50$189,245$0$3,065
DANIEL COTTINGHAMTRUSTEE (TO 12/31/23)
Trustee or director
0.2$0$0$0
JAMES JOHNSON MDTRUSTEE
Trustee or director
0.2$0$0$0
JAMES TAYLORCHAIR
Trustee or director, Officer
0.2$0$0$0
JANELLE LYONSTRUSTEE
Trustee or director
0.2$0$0$0
JOHN LEWISTRUSTEE
Trustee or director
0.2$0$0$0
JONI DAVISTRUSTEE (TO 12/31/23)
Trustee or director
0.2$0$0$0
KATE HATCHER MDTRUSTEE (TO 12/31/23)
Trustee or director
0.2$0$0$0
KANDI DEITEMEYER EDDVICE CHAIR
Trustee or director, Officer
0.2$0$0$0
LINDA FARTHINGSECR (TO 12/31/23)
Trustee or director, Officer
0.2$0$0$0
LUIS LOBOTRUSTEE
Trustee or director
0.2$0$0$0
MICHELLE LEETREAS
Trustee or director, Officer
0.2$0$0$0
PATRICK WILSON MDTRUSTEE (FR 5/1/23)
Trustee or director
0.2$0$0$0
TALIA GOLDMANTRUSTEE
Trustee or director
0.2$0$0$0
THADDEUS JONESTRUSTEE
Trustee or director
0.2$0$0$0

Address and contacts

Address (IRS master file)
2085 FRONTIS PLAZA BLVD, WINSTON SALEM, NC 27103-5614
Principal officer (990 for 2024)
CARL ARMATO, 2085 FRONTIS PLAZA BLVD, WINSTON SALEM, NC 27103
Signed the 990
ALICE POPE, EVP & CFO
Phone
(336) 277-2411

Mission

SEE SCHEDULE O

990 for the year ended December 31, 2024

Program accomplishments

  • THE PRESBYTERIAN HOSPITAL ("TPH") DBA NOVANT HEALTH PRESBYTERIAN MEDICAL CENTER ("NHPMC"), NOVANT HEALTH HUNTERVILLE MEDICAL CENTER ("NHHMC"), AND NOVANT HEALTH CHARLOTTE ORTHOPEDIC HOSPITAL ("NHCOH"), ALONG WITH THEIR PROVIDER BASED PHYSICIAN PRACTICES, EXISTS TO PROMOTE THE HEALTH OF THE MEMBERS OF MULTIPLE COMMUNITIES IN MECKLENBURG COUNTY NORTH CAROLINA, REGARDLESS OF A PATIENT'S ABILITY TO PAY. COLLECTIVELY, THE HOSPITAL FACILITIES IN THIS ORGANIZATION HAVE 780 LICENSED BEDS. IN 2024, THERE WERE 238,557 PATIENT DAYS, WITH AN AVERAGE LENGTH OF STAY OF 6 DAYS, AND AN AVERAGE DAILY CENSUS OF 652. THERE WERE 45,527 DISCHARGES, 45,459 INPATIENT AND OUTPATIENT SURGERIES, 550,002 OUTPATIENT ENCOUNTERS AND 119,698 EMERGENCY DEPARTMENT VISITS.
    Expenses $1,517,807,714 · grants $4,549,249 · revenue $2,253,740,385

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
56-0554230
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
1956
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E220)
Assets (IRS master file)
$4,829,574,533
Income (IRS master file)
$2,275,271,147

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,274,729,924$1,852,763,844$4,829,574,533XML
990-TDecember 2024–––IRS
990December 2023$1,961,862,731$1,703,294,271$3,105,375,117XML
990-TDecember 2023–––IRS
990December 2022$1,695,977,463$1,582,529,523$2,871,169,174IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

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 56-0554230).

Questions about PRESBYTERIAN HOSPITAL

What is the EIN of PRESBYTERIAN HOSPITAL?
The employer identification number (EIN) of PRESBYTERIAN HOSPITAL is 56-0554230.
Is PRESBYTERIAN HOSPITAL tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1956.
Are donations to PRESBYTERIAN HOSPITAL tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PRESBYTERIAN HOSPITAL 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 PRESBYTERIAN HOSPITAL due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PRESBYTERIAN HOSPITAL last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of PRESBYTERIAN HOSPITAL?
The 990 for the year ended December 31, 2024 names CARL ARMATO.
Who are the officers and directors of PRESBYTERIAN HOSPITAL?
The 990 for the year ended December 31, 2024 lists 22 people; 8 received compensation from the organization, the highest $1,340,881 (SAAD EHTISHAM, TRUSTEE, SVP, PRES NHPMC/GCM).
How much revenue does PRESBYTERIAN HOSPITAL have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,274,729,924, expenses of $1,852,763,844 and total assets of $4,829,574,533 at year end.

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