Nonprofit · EIN 56-2120959
FORSYTH MEDICAL CENTER FOUNDATION
Also known as NOVANT HEALTH FORSYTH MEDICAL CENTE
Tax-exempt · WINSTON SALEM, NC 27103
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $5,125,851 | $4,621,721 | $504,130 | $89,545,285 | $62,548 | $89,482,737 |
| December 31, 2023 | 990 | $5,595,810 | $4,708,949 | $886,861 | $83,318,371 | $1,019,374 | $82,298,997 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,875,396
- of which government grants
- $253,999
- Program service revenue
- $0
- Investment income
- $3,250,455
- Net gain from sales of assets
- $2,172,035
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $3,622,380
- Compensation of officers, directors and key employees
- $218,583
- Other salaries and wages
- $237,837
- Salaries, compensation and benefits (total)
- $509,301
- Professional fundraising fees
- $0
- Occupancy
- $51,757
- Travel
- $9,856
- Depreciation
- $11,363
- Program services (functional)
- $3,836,951
- Management and general (functional)
- $512,939
- Fundraising (functional)
- $271,831
Balance sheet and other
- Total assets, start of year
- $83,318,371
- Total assets, end of year
- $89,545,285
- Total liabilities, end of year
- $62,548
- Net assets, end of year
- $89,482,737
- Land, buildings and equipment
- $82,071
- Publicly traded securities
- $66,642,513
- Net assets without donor restrictions
- $75,032,428
- Net assets with donor restrictions
- $14,450,309
- Gross receipts
- $36,580,526
- Employees
- 8
- Volunteers
- 22
- Year formed
- 1981
- 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 |
|---|---|---|---|---|---|
| KIMBERLY HENDERSON | FMR OFFICER (12/31/19) Former | 0 | $0 | $1,421,376 | $199,453 |
| 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 |
| JALEEMA SPEAKS MD | TRUSTEE/OBGYN Trustee or director | 0.2 | $0 | $472,760 | $57,266 |
| JOHN CARD MD | CHAIR/INTERNIST Trustee or director, Officer | 0.5 | $0 | $451,509 | $36,755 |
| SHARON HARRINGTON | VP CHIEF PHILANTHROPY OFF(FR 6/2/24) Officer | 8 | $0 | $290,978 | $14,848 |
| HEATHER EGAN | EXEC DIRECTOR Officer | 25 | $171,588 | $0 | $46,995 |
| THOMAS GROTE MD | TRUSTEE/ONCOLOGIST Trustee or director | 0.2 | $0 | $199,116 | $10,607 |
| ANDREW SCHNEIDER MD | TRUSTEE (TO 12/31/24)/CHIEF OF STAFF Trustee or director | 0.2 | $0 | $6,105 | $0 |
| ROLLAND BARRETT MD | TRUSTEE/CLIN ETHICS MED ED CONSULT Trustee or director | 0.2 | $0 | $1,534 | $0 |
| ANDREA GENDRACHI | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| BONNIE DONAHUE | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| CHARLES BLIXT | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| DAMON SANDERS-PRATT | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
19 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID BAILEY | TRUSTEE Trustee or director | 0.2 | $0 |
| ELIZABETH MADDEN | TRUSTEE Trustee or director | 0.2 | $0 |
| EVA WU | TRUSTEE Trustee or director | 0.2 | $0 |
| GARY ORTIZ | TRUSTEE (TO 12/31/24) Trustee or director | 0.2 | $0 |
| GREGORY BREWER | TRUSTEE (FR 1/1/24) Trustee or director | 0.2 | $0 |
| GWENDOLYN CLEMENTS | TRUSTEE Trustee or director | 0.2 | $0 |
| HENRI CANCIO-FITZGERALD | TRUSTEE (FR 1/1/24) Trustee or director | 0.2 | $0 |
| JOHN WOLFE | TRUSTEE Trustee or director | 0.2 | $0 |
| JOHN-MARK MITCHELL | TRUSTEE (TO 4/30/24) Trustee or director | 0.2 | $0 |
| JOSEPH ELY | TRUSTEE Trustee or director | 0.2 | $0 |
| JOSEPH LOGAN | VICE CHAIR Trustee or director, Officer | 0.5 | $0 |
| LARRY PULLIAM | TRUSTEE Trustee or director | 0.2 | $0 |
| MARY FOWLER | TRUSTEE Trustee or director | 0.2 | $0 |
| RONNIE WILLARD | TRUSTEE Trustee or director | 0.2 | $0 |
| SHERRY POLONSKY | TREASURER Trustee or director, Officer | 0.5 | $0 |
| STEPHANIE FLORES DE VALGAZ | TRUSTEE Trustee or director | 0.2 | $0 |
| SUZANNE JABBOUR | TRUSTEE (FR 1/1/24) Trustee or director | 0.2 | $0 |
| TADELRO BROWN | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| THOMAS MCDANIEL | TRUSTEE (FR 1/1/24) Trustee or director | 0.2 | $0 |
990 for the year ended December 31, 2023: 30 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 |
| KIMBERLY HENDERSON | FMR OFFICER (12/31/19) Former | 0 | $0 | $1,085,117 | $155,975 |
| 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 |
| THOMAS GROTE MD | TRUSTEE/ONCOLOGIST Trustee or director | 0.2 | $0 | $732,259 | $45,408 |
| JOHN CARD MD | TRUSTEE,CHAIR (FR 12/6/23)/INTERNIST Trustee or director, Officer | 0.2 | $0 | $459,157 | $45,950 |
| JALEEMA SPEAKS MD | TRUSTEE/OBSTETRICIAN/GYNECOLOGIST Trustee or director | 0.2 | $0 | $418,675 | $54,692 |
| HEATHER EGAN | EXEC DIRECTOR Officer | 25 | $167,236 | $0 | $45,792 |
| ROLLAND BARRETT MD | TRUSTEE/CLIN ETHICS MED ED CONSULT Trustee or director | 0.2 | $0 | $2,016 | $0 |
| ANDREA GENDRACHI | TRUSTEE (FR 1/1/23) Trustee or director | 0.2 | $0 | $0 | $0 |
| ANDREW SCHNEIDER MD | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| BONNIE DONAHUE | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| CHARLES BLIXT | TRUSTEE (FR 1/1/23) Trustee or director | 0.2 | $0 | $0 | $0 |
| DAMON PRATT | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| DAVID BAILEY | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| ELIZABETH MADDEN | TRUSTEE, CHAIR (TO 12/6/23) Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| ELMS ALLEN MD | TRUSTEE (TO 12/31/23) Trustee or director | 0.2 | $0 | $0 | $0 |
| EVA WU | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| GARY ORTIZ | TRUSTEE (FR 1/1/23) Trustee or director | 0.2 | $0 | $0 | $0 |
| GWENDOLYN CLEMENTS | TRUSTEE (FR 1/1/23) Trustee or director | 0.2 | $0 | $0 | $0 |
| JOHN WOLFE | TRUSTEE (FR 1/1/23) Trustee or director | 0.2 | $0 | $0 | $0 |
| JOHN-MARK MITCHELL | TRUSTEE (FR 1/1/23) Trustee or director | 0.2 | $0 | $0 | $0 |
| JOSEPH ELY | TRUSTEE, VICE CHAIR (TO 12/6/23) Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| JOSEPH LOGAN | TRUSTEE, VICE CHAIR (FR 12/6/23) Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| LARRY PULLIAM | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| MARY FOWLER | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| RONNIE WILLARD | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| SHERRY POLONSKY | TREAS Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| STEPHANIE FLORES DE VALGAZ | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| TADELRO BROWN | SECR 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
- % LARRY U MCGEE
- 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 FORSYTH MEDICAL CENTER, NOVANT HEALTH KERNERSVILLE MEDICAL CENTER, AND NOVANT HEALTH CLEMMONS MEDICAL CENTER, AS WELL AS AFFILIATED OPERATIONS IN THE NOVANT HEALTH SYSTEM AND OTHER HEALTHCARE RELATED COMMUNITY CAUSES.Expenses $3,836,951 · grants $3,622,380
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
- 56-2120959
- 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
- 1999
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E112)
- Assets (IRS master file)
- $89,545,285
- Income (IRS master file)
- $36,580,526
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $5,125,851 | $4,621,721 | $89,545,285 | IRS |
| 990 | December 2023 | $5,595,810 | $4,708,949 | $83,318,371 | XML |
| 990 | December 2022 | $6,515,248 | $4,236,616 | $76,328,659 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 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 56-2120959).
Questions about FORSYTH MEDICAL CENTER FOUNDATION
- What is the EIN of FORSYTH MEDICAL CENTER FOUNDATION?
- The employer identification number (EIN) of FORSYTH MEDICAL CENTER FOUNDATION is 56-2120959.
- Is FORSYTH MEDICAL CENTER FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to FORSYTH MEDICAL CENTER FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FORSYTH MEDICAL CENTER FOUNDATION 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 FORSYTH MEDICAL CENTER FOUNDATION 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 FORSYTH MEDICAL CENTER FOUNDATION 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 FORSYTH MEDICAL CENTER FOUNDATION?
- The 990 for the year ended December 31, 2024 names CARL ARMATO.
- Who are the officers and directors of FORSYTH MEDICAL CENTER FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 34 people; 1 received compensation from the organization.
- How much revenue does FORSYTH MEDICAL CENTER FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $5,125,851, expenses of $4,621,721 and total assets of $89,545,285 at year end.
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All nonprofits in WINSTON SALEM · North Carolina · Health care