Nonprofit · EIN 56-1752396
NEW HANOVER REGIONAL MEDICAL CENTER FOUNDATION INC
Tax-exempt · WINSTON SALEM, NC 27103
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $5,745,206 | $6,394,925 | -$649,719 | $130,493,643 | $1,812,225 | $128,681,418 |
| December 31, 2023 | 990 | $4,405,962 | $2,512,391 | $1,893,571 | $123,547,688 | $394,933 | $123,152,755 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,076,786
- of which government grants
- $150
- Program service revenue
- $0
- Investment income
- $3,668,420
- Net gain from sales of assets
- $2,024,196
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $6,259,785
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $5,250
- Occupancy
- $1,649
- Travel
- $4,788
- Program services (functional)
- $6,278,393
- Management and general (functional)
- $115,410
- Fundraising (functional)
- $1,122
Balance sheet and other
- Total assets, start of year
- $123,547,688
- Total assets, end of year
- $130,493,643
- Total liabilities, end of year
- $1,812,225
- Net assets, end of year
- $128,681,418
- Publicly traded securities
- $99,956,538
- Net assets without donor restrictions
- $103,378,622
- Net assets with donor restrictions
- $25,302,796
- Gross receipts
- $54,157,427
- Employees
- 0
- Volunteers
- 16
- Year formed
- 1991
- 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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| GEOFFREY GARDNER | CFO (TO 4/28/24) Officer | 0.2 | $0 | $1,254,252 | $45,078 |
| ALICE POPE | EVP/CFO (FR 4/29/24) Officer | 0.2 | $0 | $991,687 | $183,469 |
| DOROTHY ANN CAULKINS | SVP FDN (TO 6/1/24) Officer | 8 | $0 | $803,158 | $39,237 |
| SHARON HARRINGTON | VP CHIEF PHILANTHROPY OFF(FR 6/2/24) Officer | 8 | $0 | $290,978 | $14,848 |
| DANA CASSON | EXEC DIRECTOR (TO 8/31/24) Officer | 50 | $0 | $254,876 | $34,398 |
| TANYA ARMOUR | EXEC DIRECTOR (FR 10/06/24) Officer | 50 | $0 | $164,620 | $48,168 |
| ASHLEY WELLS | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| DENNIS DOLL | VICE CHAIR/TREASURER Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| FRANK HOBART MD | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| JOHN PACE MD | TRUSTEE (TO 12/31/24) Trustee or director | 0.2 | $0 | $0 | $0 |
| JOSHUA LAMBETH | TRUSTEE (TO 12/31/24) Trustee or director | 0.2 | $0 | $0 | $0 |
| KATHERINE MCKENZIE | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| LENWOOD SHERILL DEAN JR | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| MARTIN MEYERSON MD | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| ROBERT JOHNSTON | CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SLOAN TURNER DVM | TRUSTEE (TO 12/31/24) Trustee or director | 0.2 | $0 |
| BRYAN DURHAM MD | TRUSTEE (TO 12/31/24) Trustee or director | 0.2 | $0 |
| TANYA JORDAN | TRUSTEE Trustee or director | 0.2 | $0 |
| DENISE ARMBRISTER | TRUSTEE (FR 1/1/24) Trustee or director | 0.2 | $0 |
| DILIP SUBRAMANYAM | TRUSTEE(FR 1/1/24) Trustee or director | 0.2 | $0 |
| OZLEM NICHOLS | TRUSTEE (FR 1/1/24) Trustee or director | 0.2 | $0 |
| PHILIPPE MAITRE | TRUSTEE (FR 1/1/24) Trustee or director | 0.2 | $0 |
990 for the year ended December 31, 2023: 21 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| FRED HARGETT | EVP/CFO (TO 9/6/23) Officer | 0.2 | $0 | $2,400,670 | $50,705 |
| SHELBOURN STEVENS RRT RCP | TRUSTEE(TO 6/29/23)/PRES/COO NHNHRMC Trustee or director | 0.2 | $0 | $1,097,495 | $30,138 |
| GEOFFREY GARDNER | CFO (FR 9/6/23) Officer | 0.2 | $0 | $909,106 | $128,749 |
| DOROTHY ANN CAULKINS | SVP FDN Officer | 8 | $0 | $725,233 | $111,754 |
| DANA CASSON | EXEC DIRECTOR (FR 1/30/23) Officer | 50 | $0 | $335,411 | $53,796 |
| JULIA SCHORR DAVIS | EXEC DIRECTOR (TO 1/30/23) Officer | 50 | $0 | $236,088 | $23,071 |
| ASHLEY WELLS | TRUSTEE (FR 5/23/23) Trustee or director | 0.2 | $0 | $0 | $0 |
| DENNIS DOLL | TRUSTEE, VICE CHAIR (FR 11/9/23) Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| FRANK HOBART MD | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| JOHN PACE MD | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| JOSHUA LAMBETH | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| KATHERINE MCKENZIE | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| KIMBERLY DICKENS | TRUSTEE (TO 2/14/23) Trustee or director | 0.2 | $0 | $0 | $0 |
| LENWOOD DEAN | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| MARTIN MEYERSON MD | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| JOHN MONTEITH | TRUSTEE (TO 4/2/23) Trustee or director | 0.2 | $0 | $0 | $0 |
| ROBERT JOHNSTON | VICE CHAIR/TREAS, CHAIR (FR 11/9/23) Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| SLOAN TURNER DVM | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| BRYAN DURHAM MD | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| TANYA JORDAN | TRUSTEE (FR 5/23/23) Trustee or director | 0.2 | $0 | $0 | $0 |
| WILLIAM PURVIS | CHAIR (TO 11/9/23),TTE (TO 12/31/23) Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2085 FRONTIS PLAZA BLVD, WINSTON SALEM, NC 27103-5614
- In care of
- % WENDY T ROSSI
- 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
- Website
- WWW.SUPPORTNOVANTHEALTH.ORG
Mission
SEE SCHEDULE O
Program accomplishments
- 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.Expenses $6,278,393 · grants $6,259,785
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 56-1752396
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1992
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E12)
- Assets (IRS master file)
- $130,493,643
- Income (IRS master file)
- $54,157,427
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $5,745,206 | $6,394,925 | $130,493,643 | XML |
| 990 | December 2023 | $4,405,962 | $2,512,391 | $123,547,688 | XML |
| 990 | December 2022 | $5,087,445 | $2,047,557 | $78,035,660 | IRS |
| 990 | December 2021 | $5,863,195 | $266,212 | $84,378,089 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | 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 56-1752396).
Questions about NEW HANOVER REGIONAL MEDICAL CENTER FOUNDATION INC
- What is the EIN of NEW HANOVER REGIONAL MEDICAL CENTER FOUNDATION INC?
- The employer identification number (EIN) of NEW HANOVER REGIONAL MEDICAL CENTER FOUNDATION INC is 56-1752396.
- Is NEW HANOVER REGIONAL MEDICAL CENTER FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to NEW HANOVER REGIONAL MEDICAL CENTER FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW HANOVER REGIONAL MEDICAL CENTER FOUNDATION 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 NEW HANOVER REGIONAL MEDICAL CENTER FOUNDATION INC 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 NEW HANOVER REGIONAL MEDICAL CENTER FOUNDATION INC 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 NEW HANOVER REGIONAL MEDICAL CENTER FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names CARL ARMATO.
- Who are the officers and directors of NEW HANOVER REGIONAL MEDICAL CENTER FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 22 people; 0 received compensation from the organization.
- How much revenue does NEW HANOVER REGIONAL MEDICAL CENTER FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $5,745,206, expenses of $6,394,925 and total assets of $130,493,643 at year end.
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All nonprofits in WINSTON SALEM · North Carolina · Health care