Nonprofit · EIN 58-1588823
THE MOSES H CONE MEMORIAL HOSPITAL OPERATING CORPORATION
Tax-exempt · GREENSBORO, NC 27401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $598,632,199 | $550,308,780 | $48,323,419 | $1,998,205,395 | $236,357,697 | $1,761,847,698 |
| September 30, 2024 | 990 | $2,307,557,291 | $2,042,818,228 | $264,739,063 | $1,997,262,448 | $271,817,503 | $1,725,444,945 |
| September 30, 2023 | 990 | $1,929,317,490 | $1,745,593,096 | $183,724,394 | $1,716,180,015 | $257,560,727 | $1,458,619,288 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,268,820
- of which government grants
- $860,649
- Program service revenue
- $590,642,785
- Investment income
- $2,180,681
- Net rental income
- $438,773
- Net gain from sales of assets
- $380,177
- Other revenue
- $3,539,913
Expenses
- Grants and similar amounts paid
- $186,607
- Compensation of officers, directors and key employees
- $2,216,784
- Other salaries and wages
- $165,819,911
- Salaries, compensation and benefits (total)
- $223,713,352
- Professional fundraising fees
- $0
- Legal fees
- $1,107,284
- Accounting fees
- $8,427,236
- Occupancy
- $15,615,803
- Travel
- $557,293
- Depreciation
- $11,388,276
- Program services (functional)
- $495,296,562
- Management and general (functional)
- $55,012,218
Balance sheet and other
- Total assets, start of year
- $1,997,262,448
- Total assets, end of year
- $1,998,205,395
- Total liabilities, end of year
- $236,357,697
- Net assets, end of year
- $1,761,847,698
- Land, buildings and equipment
- $148,642,421
- Net assets without donor restrictions
- $1,759,172,161
- Net assets with donor restrictions
- $2,675,537
- Gross unrelated business income
- -$92,496
- Gross receipts
- $622,234,491
- Employees
- 12,773
- Volunteers
- 0
- Year formed
- 1985
- 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 |
|---|---|---|---|---|---|
| CAGLE MD MARY JO | PRESIDENT & CEO Trustee or director, Officer | 40 | $2,289,628 | $0 | $108,162 |
| PRIEST MD MARLON | EXE VP & ASST SEC THRU 02/24 Former | 40 | $2,047,338 | $0 | $85,606 |
| EATON MANDY | CHIEF OPERATING OFFICER Officer | 40 | $1,279,990 | $0 | $77,010 |
| BARROW ANDREW | CFO & SECRETARY Officer | 40 | $978,116 | $0 | $94,284 |
| KATRAGADDA SREEDHAR | PHYSICIAN Highest-paid employee | 40 | $1,025,703 | $0 | $27,672 |
| BOKSHAN STEVEN | PHYSICIAN Highest-paid employee | 40 | $982,017 | $0 | $53,074 |
| HAMMOCK PRESTON | SVP & PRESIDENT MOSES CONE HOS Key employee | 40 | $815,077 | $0 | $79,014 |
| LESCHBER VALERIE | PHYSICIAN Highest-paid employee | 40 | $789,596 | $0 | $91,561 |
| CARTER ROBERT | SVP & CHIEF LEGAL COUNSEL Officer | 40 | $781,600 | $0 | $77,787 |
| YADAV PRIYANKA | PHYSICIAN Highest-paid employee | 40 | $747,439 | $0 | $76,003 |
| CORNUE CHRISTOPHER | EXECUTIVE VP & ASST SECRETARY Officer | 40 | $714,377 | $0 | $46,300 |
| MILLER JOHN | CIO & TREASURER Officer | 0 | $0 | $637,285 | $120,328 |
| ADAMOLEKUN MICHELLE | EXECUTIVE VP & ASST SECRETARY Officer | 40 | $596,867 | $0 | $92,929 |
| CASTANEDA MAYORGA DANIEL | PHYSICIAN Highest-paid employee | 40 | $641,097 | $0 | $34,781 |
| ANTRUM DNP VI-ANNE | EXECUTIVE VP & ASST SECRETARY Officer | 40 | $583,943 | $0 | $80,849 |
20 more people on this return
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SINOPOLI MD ANGELO | EXECUTIVE VP & ASSISTANT SECRE Officer | 40 | $567,730 | $0 | $50,402 |
| NELMS JASON | VP & ASSISTANT TREASURER Officer | 40 | $341,335 | $0 | $79,888 |
| FORTNEY CATHARINE | VP & CHIEF COMPLIANCE OFFICER Officer | 40 | $357,096 | $0 | $35,361 |
| SMITH RENE | ASSISTANT TREASURER Officer | 40 | $249,577 | $0 | $30,777 |
| KITZMILLER DAVID | ASSISTANT TREASURER Officer | 40 | $210,542 | $0 | $46,784 |
| HAYWOOD MEHEE | ASSISTANT TREASURER Officer | 0 | $0 | $217,139 | $39,339 |
| STUCKEY MD THOMAS | TRUSTEE Trustee or director | 40 | $118,806 | $0 | $64,184 |
| DOUGLAS MAE | CHAIR Trustee or director, Officer | 0 | $0 | $0 | $0 |
| HAYES WILLIAM | VICE CHAIR Trustee or director, Officer | 0 | $0 | $0 | $0 |
| BOYLSTON MD YUN | TRUSTEE Trustee or director | 0 | $0 | $0 | $0 |
| BRANDON MD ASHLEY | TRUSTEE Trustee or director | 0 | $0 | $0 | $0 |
| CAMPBELL PHD LENORA | TRUSTEE Trustee or director | 0 | $0 | $0 | $0 |
| CHANDLER THOMAS | TRUSTEE Trustee or director | 0 | $0 | $0 | $0 |
| CONE EDWARD | TRUSTEE Trustee or director | 0 | $0 | $0 | $0 |
| DONNELLY ABBY | TRUSTEE Trustee or director | 0 | $0 | $0 | $0 |
| FRENCH DAVID | TRUSTEE Trustee or director | 0 | $0 | $0 | $0 |
| GONZALEZ MARIA | TRUSTEE Trustee or director | 0 | $0 | $0 | $0 |
| MCIVOR WILLIAM | TRUSTEE Trustee or director | 0 | $0 | $0 | $0 |
| SAMET ARTHUR | TRUSTEE Trustee or director | 0 | $0 | $0 | $0 |
| STRINGER MD ARTHUR | TRUSTEE Trustee or director | 0 | $0 | $0 | $0 |
990 for the year ended September 30, 2024: 38 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CAGLE MD MARY JO | PRESIDENT & CEO Trustee or director, Officer | 40 | $1,587,536 | $0 | $90,745 |
| PRIEST MD MARLON | EXE VP & ASST SEC THRU 02/24 Officer | 40 | $902,565 | $0 | $82,340 |
| KATRAGADDA SREEDHAR | PHYSICIAN Highest-paid employee | 40 | $930,404 | $0 | $24,636 |
| EATON MANDY | CHIEF OPERATING OFFICER Officer | 40 | $861,178 | $0 | $79,400 |
| BOKSHAN STEVEN | PHYSICIAN Highest-paid employee | 40 | $834,526 | $0 | $52,682 |
| HAMMOCK PRESTON | SVP & PRESIDENT MOSES CONE HOS Key employee | 40 | $765,653 | $0 | $76,546 |
| BARROW ANDREW | CFO & SECRETARY Officer | 40 | $719,090 | $0 | $91,844 |
| PATEL BAKUL | EVP & CHIEF INFORMATION OFFICE Highest-paid employee | 40 | $710,000 | $0 | $34,494 |
| AKIN TERRENCE | FORMER PRESIDENT & CEO Former | 40 | $735,294 | $0 | $8,597 |
| CARTER ROBERT | SVP & CHIEF LEGAL COUNSEL Officer | 40 | $563,659 | $0 | $83,480 |
| CASTANEDA MAYORGA DANIEL | PHYSICIAN Highest-paid employee | 40 | $601,965 | $0 | $34,720 |
| THEKKEKANDAM THOMAS | PHYSICIAN Highest-paid employee | 40 | $593,736 | $0 | $34,196 |
| MILLER JOHN | CIO & TREASURER Officer | 0 | $0 | $487,372 | $119,314 |
| CORNUE CHRISTOPHER | EXECUTIVE VP & ASSISTANT SECRE Officer | 40 | $514,675 | $0 | $35,203 |
| SWORDS BRUCE | FORMER CHIEF PHYSICIAN EXEC. Former | 40 | $518,717 | $0 | $0 |
| ADAMOLEKUN MICHELLE | EXECUTIVE VP & ASSITANT SECRE Officer | 40 | $432,455 | $0 | $78,087 |
| REMPHER KENNETH | FORMER EVP & ASST. SECRETARY Former | 40 | $495,267 | $0 | $2,378 |
| ANTRUM DNP VI-ANNE | EXECUTIVE VP & ASSISTANT SECRE Officer | 40 | $453,879 | $0 | $34,628 |
| JEFFREY PAUL | SVP & PRES. WESLEY LONG HOSP. Key employee | 40 | $452,610 | $0 | $11,320 |
| STUCKEY MD THOMAS | TRUSTEE Trustee or director | 40 | $224,683 | $0 | $87,957 |
| NELMS JASON | VP & ASSISTANT TREASURER Officer | 40 | $265,644 | $0 | $30,460 |
| FORTNEY CATHARINE | VP & CHIEF COMPLIANCE OFFICER Officer | 40 | $256,964 | $0 | $32,968 |
| HAYWOOD MEHEE | ASSISTANT TREASURER Officer | 0 | $0 | $148,887 | $84,727 |
| SMITH RENE | ASSISTANT TREASURER Officer | 40 | $193,809 | $0 | $30,311 |
| KITZMILLER DAVID | ASSISTANT TREASURER Officer | 40 | $166,597 | $0 | $45,422 |
| BOYLSTON MD YUN | TRUSTEE Trustee or director | 0 | $0 | $0 | $0 |
| BRANDON MD ASHLEY | TRUSTEE Trustee or director | 0 | $0 | $0 | $0 |
| CAMPBELL PHD LENORA | TRUSTEE Trustee or director | 0 | $0 | $0 | $0 |
| CHANDLER THOMAS | TRUSTEE Trustee or director | 0 | $0 | $0 | $0 |
| CONE EDWARD | TRUSTEE Trustee or director | 0 | $0 | $0 | $0 |
| DONNELLY ABBY | TRUSTEE Trustee or director | 0 | $0 | $0 | $0 |
| DOUGLAS MAE | CHAIR Trustee or director, Officer | 0 | $0 | $0 | $0 |
| FRENCH DAVID | TRUSTEE Trustee or director | 0 | $0 | $0 | $0 |
| GONZALEZ MARIA | TRUSTEE Trustee or director | 0 | $0 | $0 | $0 |
| HAYES WILLIAM | VICE CHAIR Trustee or director, Officer | 0 | $0 | $0 | $0 |
| MCIVOR WILLIAM | TRUSTEE Trustee or director | 0 | $0 | $0 | $0 |
| SAMET ARTHUR | TRUSTEE Trustee or director | 0 | $0 | $0 | $0 |
| STRINGER MD ARTHUR | TRUSTEE Trustee or director | 0 | $0 | $0 | $0 |
990 for the year ended September 30, 2023: 41 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Cagle Mary Jo | President & CEO Trustee or director, Officer | 40 | $1,671,452 | $0 | $61,497 |
| Akin Terrence | President & Chief Executive Of Former | 40 | $1,499,504 | $0 | $20,675 |
| Rempher Kenneth | Executive VP & Assistant Secre Former | 40 | $1,340,018 | $0 | $64,557 |
| Priest MD Marlon | Chief Clinical Officer Officer | 40 | $964,587 | $0 | $96,362 |
| Swords Bruce | Chief Physician Executive Former | 40 | $982,145 | $0 | $13,634 |
| Eaton Mandy | COO Officer | 40 | $911,346 | $0 | $49,738 |
| Barrow Andrew | CFO & Secretary Officer | 40 | $787,781 | $0 | $62,788 |
| Katragadda Sreedhar | Physician Highest-paid employee | 40 | $776,227 | $0 | $21,484 |
| Hammock Preston | SVP & President Moses Cone Hos Key employee | 40 | $692,272 | $0 | $53,378 |
| Kibbe Ike | Senior Vice President Highest-paid employee | 40 | $675,528 | $0 | $57,422 |
| Patel Bakul | EVP & Chief Information Office Highest-paid employee | 40 | $671,601 | $0 | $35,378 |
| Carter Robert | VP & General Counsel Officer | 40 | $640,373 | $0 | $61,518 |
| Miller John | CIO & Treasurer Officer | 0 | $0 | $541,185 | $102,476 |
| Leschber Valerie | Chief Medical Officer and SVP Highest-paid employee | 40 | $583,463 | $0 | $47,113 |
| Shankar Ravi | Physician Highest-paid employee | 40 | $552,366 | $0 | $59,667 |
| Jeffrey Paul | SVP & President Wesley Long Ho Key employee | 40 | $557,513 | $0 | $45,000 |
| Antrum DNP Vi-Anne | Executive VP & Assistant Secre Officer | 40 | $488,469 | $0 | $30,979 |
| Adamolekun Michelle | Executive VP & Assistant Secre Officer | 40 | $407,811 | $0 | $51,930 |
| Cornue Christohper | Executive VP & Assistant Secre Officer | 40 | $396,062 | $0 | $14,678 |
| Meador Joe | Assistant Treasurer Officer | 40 | $332,137 | $0 | $32,975 |
| Roskelly James | Executive VP & Assistant Secre Former | 40 | $248,710 | $0 | $53,213 |
| Fortney Catharine | VP & Chief Compliance and Priv Officer | 40 | $264,228 | $0 | $16,337 |
| Smith Rene' | Assistant Treasurer Officer | 40 | $223,637 | $0 | $30,805 |
| Kitzmiller David | Assistant Treasurer Officer | 40 | $186,438 | $0 | $41,920 |
| Haywood Mehee | Assistant Treasurer Officer | 0 | $0 | $165,789 | $57,001 |
| Cunningham Deborah | SVP & President Women's Health Former | 40 | $170,085 | $0 | $15,226 |
| Jones Jeffrey | Chief Financial Officer & Secr Former | 40 | $128,831 | $0 | $2,165 |
| Nelms Jason | Vice President and Assistant T Officer | 40 | $40,119 | $0 | $5,435 |
| Boylston MD Yun | Trustee Trustee or director | 0 | $0 | $0 | $0 |
| Campbell PhD Lenora | Trustee Trustee or director | 0 | $0 | $0 | $0 |
| Cone Edward | Trustee Trustee or director | 0 | $0 | $0 | $0 |
| Douglas Mae | Chair, Trustee Trustee or director, Officer | 0 | $0 | $0 | $0 |
| Hayes William | Trustee Trustee or director | 0 | $0 | $0 | $0 |
| Maxwell MD James | Vice Chair, Trustee Trustee or director, Officer | 0 | $0 | $0 | $0 |
| Simms Carole | Trustee Trustee or director | 0 | $0 | $0 | $0 |
| Brandon MD Ashley | Trustee Trustee or director | 0 | $0 | $0 | $0 |
| Chandler Thomas | Trustee Trustee or director | 0 | $0 | $0 | $0 |
| French David | Trustee Trustee or director | 0 | $0 | $0 | $0 |
| Gonzalez Maria | Trustee Trustee or director | 0 | $0 | $0 | $0 |
| Samet Arthur | Trustee Trustee or director | 0 | $0 | $0 | $0 |
| Stringer MD Arthur | Trustee Trustee or director | 0 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1200 N ELM ST, GREENSBORO, NC 27401-1004
- In care of
- % ANDREW BARROW
- Principal officer (990 for 2024)
- ANDREW BARROW, 1200 NORTH ELM STREET, GREENSBORO, NC 27401
- Signed the 990
- ANDREW BARROW, CFO
- Phone
- (336) 832-7000
- Website
- www.conehealth.com
- Return prepared by
- PwC US Tax LLP
Mission
WE SERVE OUR COMMUNITIES BY PREVENTING ILLNESS, RESTORING HEALTH AND PROVIDING COMFORT, THROUGH EXCEPTIONAL PEOPLE DELIVERING EXCEPTIONAL CARE.
Program accomplishments
- PROVISION OF HEALTHCARE SERVICES: DURING THE FISCAL YEAR, MOSES H. CONE MEMORIAL OPERATING SYSTEM HAD A TOTAL OF 11,431 PATIENT DISCHARGES, 59,337 DAYS OF CARE, 293,963 TOTAL OUTPATIENT AND TELEHEALTH VISITS AND AN AVERAGE DAILY CENSUS OF 645.0.Expenses $495,296,562 · grants $186,607 · revenue $593,743,925
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 | Check at the IRS |
IRS record
- EIN
- 58-1588823
- 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
- 1984
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E220)
- Assets (IRS master file)
- $1,998,205,395
- Income (IRS master file)
- $622,234,491
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $598,632,199 | $550,308,780 | $1,998,205,395 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | September 2024 | $2,307,557,291 | $2,042,818,228 | $1,997,262,448 | XML |
| 990-T | September 2024 | – | – | – | IRS |
| 990 | September 2023 | $1,929,317,490 | $1,745,593,096 | $1,716,180,015 | XML |
| 990-T | September 2023 | – | – | – | IRS |
| 990 | September 2022 | $1,647,783,819 | $1,611,711,413 | $1,450,926,626 | IRS |
| 990-T | September 2022 | – | – | – | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990-T | 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 58-1588823).
Questions about THE MOSES H CONE MEMORIAL HOSPITAL OPERATING CORPORATION
- What is the EIN of THE MOSES H CONE MEMORIAL HOSPITAL OPERATING CORPORATION?
- The employer identification number (EIN) of THE MOSES H CONE MEMORIAL HOSPITAL OPERATING CORPORATION is 58-1588823.
- Is THE MOSES H CONE MEMORIAL HOSPITAL OPERATING CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
- Are donations to THE MOSES H CONE MEMORIAL HOSPITAL OPERATING CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE MOSES H CONE MEMORIAL HOSPITAL OPERATING CORPORATION 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 THE MOSES H CONE MEMORIAL HOSPITAL OPERATING CORPORATION 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 THE MOSES H CONE MEMORIAL HOSPITAL OPERATING CORPORATION 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 THE MOSES H CONE MEMORIAL HOSPITAL OPERATING CORPORATION?
- The 990 for the year ended December 31, 2024 names ANDREW BARROW.
- Who are the officers and directors of THE MOSES H CONE MEMORIAL HOSPITAL OPERATING CORPORATION?
- The 990 for the year ended December 31, 2024 lists 35 people; 20 received compensation from the organization, the highest $2,289,628 (CAGLE MD MARY JO, PRESIDENT & CEO).
- How much revenue does THE MOSES H CONE MEMORIAL HOSPITAL OPERATING CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $598,632,199, expenses of $550,308,780 and total assets of $1,998,205,395 at year end.
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