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Nonprofit · EIN 56-1947017

CAPE FEAR VALLEY MEDICAL FOUNDATION INC

Tax-exempt · FAYETTEVILLE, NC 28304

Financials

$3M$4.4M2022$1.7M$2M2023$1M$499K2024
Revenue Expenses · by fiscal year end
Financials of CAPE FEAR VALLEY MEDICAL FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,033,219$498,747$534,472$12,943,254$39,715$12,903,539
September 30, 2024990$1,691,460$1,987,120-$295,660$12,874,275$43,964$12,830,311
September 30, 2023990$3,029,454$4,375,928-$1,346,474$11,479,058$15,461$11,463,597
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$946,249
Program service revenue
$0
Investment income
$129,359
Net gain from sales of assets
$14,391
Net income from fundraising events
-$42,389
Other revenue
-$42,389

Expenses

Grants and similar amounts paid
$414,402
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Travel
$8,924
Program services (functional)
$414,402
Management and general (functional)
$22,844
Fundraising (functional)
$61,501

Balance sheet and other

Total assets, start of year
$12,874,275
Total assets, end of year
$12,943,254
Total liabilities, end of year
$39,715
Net assets, end of year
$12,903,539
Publicly traded securities
$12,197,178
Net assets without donor restrictions
$8,287,825
Net assets with donor restrictions
$4,615,714
Gross receipts
$1,599,480
Employees
0
Volunteers
18
Year formed
1995
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
MICHAEL NAGOWSKICEO-CFVH
Officer
0$0$1,751,758$26,851
BRET JOHNSONCFO - CFVH
Officer
0$0$804,547$23,349
SABRINA BROOKSVICE PRESIDENT, CFVMC
Officer
40$0$205,814$15,293
RYAN AULPRESIDENT
Trustee or director, Officer
2$0$0$0
DR RAKESH GUPTAVICE PRESIDENT
Trustee or director, Officer
2$0$0$0
DAVIS PURYEARTREASURER
Trustee or director, Officer
2$0$0$0
MARCOS SOLTRENASSOC. TREASURER
Trustee or director, Officer
2$0$0$0
LYNDA B CLARKSECRETARY
Trustee or director, Officer
2$0$0$0
DR MARION GILLS-OLIONASSOC. SECRETARY
Trustee or director, Officer
2$0$0$0
MARGARET ANN ALLIGOODDIRECTOR
Trustee or director
2$0$0$0
THOMAS BROWNDIRECTOR
Trustee or director
2$0$0$0
TYRONE DAVISDIRECTOR
Trustee or director
2$0$0$0
PEGGY HOLTDIRECTOR
Trustee or director
2$0$0$0
TONA JACOBSDIRECTOR
Trustee or director
2$0$0$0
DR KAREN JONESDIRECTOR
Trustee or director
2$0$0$0
6 more people on this return
NameTitleHours / weekCompensation
JESSICA KOUBADIRECTOR
Trustee or director
2$0
DR WALSON METZGERDIRECTOR
Trustee or director
2$0
CHRIS NEALDIRECTOR
Trustee or director
2$0
PAIGE ROSSDIRECTOR
Trustee or director
2$0
CHARLENE WYATTDIRECTOR
Trustee or director
2$0
DR DENISE WYATTDIRECTOR
Trustee or director
2$0
990 for the year ended September 30, 2024: 21 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHAEL NAGOWSKICEO-CFVH
Officer
0$0$1,541,010$20,660
BRET JOHNSONCFO - CFVH
Officer
0$0$721,558$20,014
SABRINA BROOKSVICE PRESIDENT, CFVMC
Officer
40$0$190,620$9,509
RYAN AULPRESIDENT
Trustee or director, Officer
2$0$0$0
DR RAKESH GUPTAVICE PRESIDENT
Trustee or director, Officer
2$0$0$0
DAVIS PURYEARTREASURER
Trustee or director, Officer
2$0$0$0
MARCOS SOLTRENASSOC. TREASURER
Trustee or director, Officer
2$0$0$0
LYNDA B CLARKSECRETARY
Trustee or director, Officer
2$0$0$0
DR MARION GILLS-OLIONASSOC. SECRETARY
Trustee or director, Officer
2$0$0$0
MARGARET ANN ALLIGOODDIRECTOR
Trustee or director
2$0$0$0
THOMAS BROWNDIRECTOR
Trustee or director
2$0$0$0
TYRONE DAVISDIRECTOR
Trustee or director
2$0$0$0
PEGGY HOLTDIRECTOR
Trustee or director
2$0$0$0
TONA JACOBSDIRECTOR
Trustee or director
2$0$0$0
DR KAREN JONESDIRECTOR
Trustee or director
2$0$0$0
JESSICA KOUBADIRECTOR
Trustee or director
2$0$0$0
DR WALSON METZGERDIRECTOR
Trustee or director
2$0$0$0
CHRIS NEALDIRECTOR
Trustee or director
2$0$0$0
PAIGE ROSSDIRECTOR
Trustee or director
2$0$0$0
CHARLENE WYATTDIRECTOR
Trustee or director
2$0$0$0
DR DENISE WYATTDIRECTOR
Trustee or director
2$0$0$0
990 for the year ended September 30, 2023: 17 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
SABRINA BROOKSVICE PRESIDENT
Officer
40$0$129,821$8,517
RYAN AULPRESIDENT
Trustee or director, Officer
2$0$0$0
DR RAKESH GUPTAVICE PRESIDENT
Trustee or director, Officer
2$0$0$0
LYNDA B CLARKSECRETARY
Trustee or director, Officer
2$0$0$0
DR MARION GILLIS-OLIONASSOC. SECRETARY
Trustee or director, Officer
2$0$0$0
CHRIS DIXONTREASURER
Trustee or director, Officer
2$0$0$0
DAVIS PURYEARASSOC. SECRETARY
Trustee or director, Officer
2$0$0$0
THOMAS BROWNDIRECTOR
Trustee or director
2$0$0$0
MARY FLAGG HAUGHDIRECTOR
Trustee or director
2$0$0$0
PEGGY HOLTDIRECTOR
Trustee or director
2$0$0$0
DR KAREN JONESDIRECTOR
Trustee or director
2$0$0$0
JESSICA KOUBADIRECTOR
Trustee or director
2$0$0$0
DR WALSON METZGERDIRECTOR
Trustee or director
2$0$0$0
CHRIS NEALDIRECTOR
Trustee or director
2$0$0$0
PAIGE ROSSDIRECTOR
Trustee or director
2$0$0$0
MARCOS SOLTRENDIRECTOR
Trustee or director
2$0$0$0
CHARLENE WYATTDIRECTOR
Trustee or director
2$0$0$0

Address and contacts

Address (IRS master file)
PO BOX 87526, FAYETTEVILLE, NC 28304-7526
In care of
% JAMES DUPE
Principal officer (990 for 2024)
BRETT JOHNSON, PO BOX 87526, FAYETTEVILLE, NC 28304
Signed the 990
BRETT JOHNSON, CFO
Phone
(910) 615-4000
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

CAPE FEAR VALLEY HEALTH FOUNDATION'S MISSION IS TO SERVE THE COMMUNITY BY BUILDING AWARENESS AND PHILANTHROPIC SUPPORT FOR CAPE FEAR VALLEY HEALTH AS IT PROVIDES COMPASSIONATE, QUALITY HEALTHCARE FOR ALL ITS PATIENTS. THIS IS ACCOMPLISHED BY PROVIDING PROGRAMS AND SERVICES WHICH HAVE A POSITIVE IMPACT ON A PATIENT'S EXPERIENCE AND ENHANCE THEIR CARE AND HEALING.

990 for the year ended December 31, 2024

Program accomplishments

  • CAPE FEAR VALLEY MEDICAL FOUNDATION OPERATES SEVERAL PROGRAMS TO BENEFIT CAPE FEAR VALLEY MEDICAL CENTER AND ITS PATIENTS. THESE INCLUDE PROGRAMS TO ASSIST WITH THE CARE OF CHILDREN, BOTH AS OUTPATIENTS AND INPATIENTS, ASSISTANCE WITH CANCER PATIENTS BOTH AS OUTPATIENTS AND INPATIENTS, AND SUPPORT OF MEDICAL EDUCATION. THE GENERAL FUND IS USED TO IMPROVE OVERALL HOSPITAL SERVICES FOR PATIENTS AT CAPE FEAR VALLEY MEDICAL CENTER AND THEIR FAMILIES. DURING FISCAL YEAR 2024, THESE PROGRAMS SERVED A TOTAL OF 322,480 PATIENTS.
    Expenses $414,402 · grants $414,402

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, 2024Check at the IRS

IRS record

EIN
56-1947017
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
1996
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$12,943,254
Income (IRS master file)
$1,599,480

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,033,219$498,747$12,943,254XML
990September 2024$1,691,460$1,987,120$12,874,275XML
990September 2023$3,029,454$4,375,928$11,479,058XML
990September 2022$3,341,116$1,081,769$12,218,606IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 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 56-1947017).

Questions about CAPE FEAR VALLEY MEDICAL FOUNDATION INC

What is the EIN of CAPE FEAR VALLEY MEDICAL FOUNDATION INC?
The employer identification number (EIN) of CAPE FEAR VALLEY MEDICAL FOUNDATION INC is 56-1947017.
Is CAPE FEAR VALLEY MEDICAL FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to CAPE FEAR VALLEY MEDICAL FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CAPE FEAR VALLEY MEDICAL 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 CAPE FEAR VALLEY MEDICAL 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 CAPE FEAR VALLEY MEDICAL 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 CAPE FEAR VALLEY MEDICAL FOUNDATION INC?
The 990 for the year ended December 31, 2024 names BRETT JOHNSON.
Who are the officers and directors of CAPE FEAR VALLEY MEDICAL FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 21 people; 0 received compensation from the organization.
How much revenue does CAPE FEAR VALLEY MEDICAL FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,033,219, expenses of $498,747 and total assets of $12,943,254 at year end.

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