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Nonprofit · EIN 58-2055709

CABARRUS HEALTHCARE FOUNDATION

Tax-exempt · CONCORD, NC 28025

Financials

$2.7M$1.1M2023$3M$1.8M2024
Revenue Expenses · by fiscal year end
Financials of CABARRUS HEALTHCARE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,951,943$1,832,106$1,119,837$29,869,050$0$29,869,050
December 31, 2023990$2,722,396$1,124,556$1,597,840$26,901,082$0$26,901,082
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,811,012
Program service revenue
$8,131
Investment income
$1,132,800
Net gain from sales of assets
$105,496
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,711,510
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$1,711,510
Management and general (functional)
$120,596

Balance sheet and other

Total assets, start of year
$26,901,082
Total assets, end of year
$29,869,050
Total liabilities, end of year
$0
Net assets, end of year
$29,869,050
Publicly traded securities
$28,630,346
Net assets without donor restrictions
$55,581
Net assets with donor restrictions
$29,813,469
Gross receipts
$5,751,261
Employees
0
Volunteers
0
Year formed
1993
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
CHARLIE CARLOS E SASTOQUEEXECUTIVE DIRECTOR
Key employee
40$0$189,658$34,735
BOB BRATTONBOARD MEMBER
Trustee or director
1$0$0$0
DAKEITA VANDERBURGBOARD MEMBER
Trustee or director
1$0$0$0
JON YANCEYTREASURER
Trustee or director, Officer
1$0$0$0
PAT HORTONIMMEDIATE PAST BOARD CHAIR
Trustee or director, Officer
1$0$0$0
STEVE TALBERTSECRETARY
Trustee or director, Officer
1$0$0$0
ANN CANNONBOARD MEMBER
Trustee or director
1$0$0$0
KATIE ANSONBOARD MEMBER
Trustee or director
1$0$0$0
JANE JACOBSBOARD MEMBER
Trustee or director
1$0$0$0
WILL LISKBOARD MEMBER
Trustee or director
1$0$0$0
KRISTIN RODGERSBOARD MEMBER
Trustee or director
1$0$0$0
JESSICA TUCKERBOARD MEMBER
Trustee or director
1$0$0$0
JOHN TURNER DMDBOARD MEMBER
Trustee or director
1$0$0$0
SUSAN BAREBOARD MEMBER
Trustee or director
1$0$0$0
PAM CAINVICE CHAIR
Trustee or director
1$0$0$0
15 more people on this return
NameTitleHours / weekCompensation
ALLEN CRAVENBOARD MEMBER
Trustee or director
1$0
DIANE HONEYCUTTBOARD MEMBER
Trustee or director
1$0
DIANNE SNYDER PHDPAST BOARD CHAIR
Trustee or director, Officer
1$0
GERALDINE PLOTTREPRESENTATIVE - VOLUNTEER
Trustee or director
1$0
JOHN BISHOPBOARD MEMBER
Trustee or director
1$0
BILL DUSCHBOARD MEMBER
Trustee or director
1$0
BRITT LEATHERMANBOARD MEMBER
Trustee or director
1$0
DEAN WIKEBOARD MEMBER
Trustee or director
1$0
HANK ALSTONBOARD CHAIR
Trustee or director, Officer
1$0
JOHN HEINZERLING MDBOARD MEMBER
Trustee or director
1$0
CHRISTOPHER HOLLAND MDBOARD MEMBER
Trustee or director
1$0
ANGIE BROWNBOARD MEMBER
Trustee or director
1$0
JAZMIN CALDWELLBOARD MEMBER
Trustee or director
1$0
KAYLA GARCIA MDBOARD MEMBER
Trustee or director
1$0
SANDRA TORRESBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 34 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
CHARLIE CARLOS E SASTOQUEEXECUTIVE DIRECTOR
Key employee
40$0$181,227$34,603
JON YANCEYBOARD MEMBER
Trustee or director
1$0$0$0
DAKEITA VANDERBURGBOARD MEMBER
Trustee or director
1$0$0$0
BOB BRATTONTREASURER
Trustee or director, Officer
1$0$0$0
PAT HORTONIMMEDIATE PAST BOARD CHAIR
Trustee or director, Officer
1$0$0$0
STEVE TALBERTSECRETARY
Trustee or director, Officer
1$0$0$0
ANN CANNONBOARD MEMBER
Trustee or director
1$0$0$0
KATIE ANSONBOARD MEMBER
Trustee or director
1$0$0$0
JANE JACOBSBOARD MEMBER
Trustee or director
1$0$0$0
WILL LISKBOARD MEMBER
Trustee or director
1$0$0$0
KRISTIN RODGERSBOARD MEMBER
Trustee or director
1$0$0$0
JESSICA TUCKERBOARD MEMBER
Trustee or director
1$0$0$0
JOHN TURNER DMDBOARD MEMBER
Trustee or director
1$0$0$0
SUSAN BAREBOARD MEMBER
Trustee or director
1$0$0$0
JAN BEATTY-HENDLEYBOARD MEMBER
Trustee or director
1$0$0$0
PAM CAINBOARD MEMBER
Trustee or director
1$0$0$0
ALLEN CRAVENBOARD MEMBER
Trustee or director
1$0$0$0
DIANE HONEYCUTTBOARD MEMBER
Trustee or director
1$0$0$0
DIANNE SNYDER PHDBOARD CHAIR
Trustee or director, Officer
1$0$0$0
GERALDINE PLOTTREPRESENTATIVE - VOLUNTEER
Trustee or director
1$0$0$0
JOHN BISHOPBOARD MEMBER
Trustee or director
1$0$0$0
BILL DUSCHBOARD MEMBER
Trustee or director
1$0$0$0
BRITT LEATHERMANBOARD MEMBER
Trustee or director
1$0$0$0
DEAN WIKEBOARD MEMBER
Trustee or director
1$0$0$0
HANK ALSTONBOARD VICE CHAIR
Trustee or director, Officer
1$0$0$0
CAMERON CRUICKSHANK PHDREP - CCHS
Trustee or director
1$0$0$0
JOHN HEINZERLING MDBOARD MEMBER
Trustee or director
1$0$0$0
CHRISTOPHER HOLLAND MDBOARD MEMBER
Trustee or director
1$0$0$0
TOM JONES MDBOARD MEMBER
Trustee or director
1$0$0$0
KELLY PROPST PHDBOARD MEMBER
Trustee or director
1$0$0$0
ANGIE BROWNBOARD MEMBER
Trustee or director
1$0$0$0
JAZMIN CALDWELLBOARD MEMBER
Trustee or director
1$0$0$0
KAYLA GARCIA MDBOARD MEMBER
Trustee or director
1$0$0$0
SANDRA TORRESBOARD MEMBER
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
920 CHURCH ST N, CONCORD, NC 28025-2927
Principal officer (990 for 2024)
JON YANCEY, 920 CHURCH STREET NORTH, CONCORD, NC 28025
Signed the 990
JON YANCEY, TREASURER
Phone
(704) 403-1369
Return prepared by
DMJPS PLLC

Mission

THE MISSION OF CABARRUS HEALTHCARE FOUNDATION IS TO IMPROVE HEALTH, ELEVATE HOPE AND ADVANCE HEALING FOR ALL THROUGH AWARENESS OF AND FUNDRAISING FOR ATRIUM HEALTH CABARRUS

990 for the year ended December 31, 2024

Program accomplishments

  • CABARRUS HEALTHCARE FOUNDATION, INC. (THE "FOUNDATION") WAS ORGANIZED IN 1993 AND IS OPERATED TO EDUCATE CITIZENS ABOUT THE PROGRAMS, SERVICES AND OVERALL NEEDS WITHIN THE STRATEGIC PLAN OF ATRIUM HEALTH CABARRUS (THE "HOSPITAL"). THE FOUNDATION RAISES FUNDS TO SUPPORT THE STRATEGIC PLAN OF THE HOSPITAL THROUGH DIRECT SOLICITATIONS FROM HOSPITAL EMPLOYEES AND PHYSICIANS, AREA INDIVIDUALS, FAMILIES, GRANTORS, AND BUSINESSES, AND SPECIAL FUNDRAISING EVENTS. THE FOUNDATION LEADS ALL DEVELOPMENT PLANNING AND IMPLEMENTATION FOR ATRIUM HEALTH CABARRUS.
    Expenses $1,711,510 · grants $1,711,510

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
58-2055709
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
1993
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E110)
Assets (IRS master file)
$29,869,050
Income (IRS master file)
$5,751,261

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,951,943$1,832,106$29,869,050XML
990December 2023$2,722,396$1,124,556$26,901,082XML
990December 2022$1,443,748$1,933,840$23,524,115IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 58-2055709).

Questions about CABARRUS HEALTHCARE FOUNDATION

What is the EIN of CABARRUS HEALTHCARE FOUNDATION?
The employer identification number (EIN) of CABARRUS HEALTHCARE FOUNDATION is 58-2055709.
Is CABARRUS HEALTHCARE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to CABARRUS HEALTHCARE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CABARRUS HEALTHCARE 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 CABARRUS HEALTHCARE 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 CABARRUS HEALTHCARE 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 CABARRUS HEALTHCARE FOUNDATION?
The 990 for the year ended December 31, 2024 names JON YANCEY.
Who are the officers and directors of CABARRUS HEALTHCARE FOUNDATION?
The 990 for the year ended December 31, 2024 lists 30 people; 0 received compensation from the organization.
How much revenue does CABARRUS HEALTHCARE FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,951,943, expenses of $1,832,106 and total assets of $29,869,050 at year end.

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