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Nonprofit · EIN 83-0343789

WRMC HOSPITAL OPERATING CORPORATION

Also known as WILKES REGIONAL MEDICAL CENTER

Tax-exempt (reinstated) · N WILKESBORO, NC 28659

Financials

$143.8M$136.8M2023$156.1M$139.6M2024
Revenue Expenses · by fiscal year end
Financials of WRMC HOSPITAL OPERATING CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$156,144,073$139,606,758$16,537,315$123,704,292$31,762,363$91,941,929
December 31, 2023990$143,778,273$136,791,307$6,986,966$126,580,924$52,569,932$74,010,992
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$595,718
Program service revenue
$154,738,111
Investment income
$730,095
Net rental income
$80,149
Net gain from sales of assets
$84,704
Other revenue
$80,149

Expenses

Grants and similar amounts paid
$3,961
Compensation of officers, directors and key employees
$714,274
Other salaries and wages
$51,330,583
Salaries, compensation and benefits (total)
$66,079,668
Professional fundraising fees
$0
Accounting fees
$31,500
Occupancy
$3,276,664
Travel
$133,895
Depreciation
$8,585,601
Program services (functional)
$131,881,747
Management and general (functional)
$7,725,011

Balance sheet and other

Total assets, start of year
$126,580,924
Total assets, end of year
$123,704,292
Total liabilities, end of year
$31,762,363
Net assets, end of year
$91,941,929
Land, buildings and equipment
$49,477,332
Publicly traded securities
$16,559,085
Net assets without donor restrictions
$91,907,582
Net assets with donor restrictions
$34,347
Gross receipts
$156,144,073
Employees
0
Volunteers
17
Year formed
1996
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
BRADLEY A CLARKTREASURER
Officer
0.5$2,513,703$0$419,389
J MCLAIN WALLACE JRSECRETARY
Officer
0.8$0$1,659,102$30,227
MICHAEL T WAIDBOARD MEMBER
Trustee or director
0.7$0$836,668$50,757
DEBORAH HARDING DNPBOARD MEMBER (TO 7/31/24)
Trustee or director
1$0$752,480$49,615
STEPHAN L LILLIEBOARD MEMBER
Trustee or director
0.8$0$666,639$62,046
JENA FOLGERBOARD MEMBER
Trustee or director
1$0$641,783$46,735
CHAD BROWNCHAIR & PRESIDENT
Trustee or director, Officer
20$0$537,777$52,385
SUNEEL KUMAR PARVATHAREDDY MDBOARD MEMBER (FR 11/1/24)
Trustee or director
1$0$402,831$54,615
JASON YOCKEYCHIEF CRNA
Highest-paid employee
40$0$308,581$47,963
CHERYL MOORECLINICAL INSTRUCTOR CRNA
Highest-paid employee
40$0$291,852$49,435
JOHN RIEDELCLINICAL INSTRUCTOR CRNA
Highest-paid employee
40$0$248,809$45,760
AARON ELLIOTTCLINICAL INSTRUCTOR CRNA
Highest-paid employee
40$0$271,254$18,869
SUSAN BACHMEIERCHIEF NURSING OFFICER
Highest-paid employee
40$0$243,635$34,634
BARRY WALDASST TREASURER (TO 10/25/24)
Officer
30$0$227,747$31,006
LORI MCNEILASST SECRETARY
Officer
40$0$52,910$30,101
4 more people on this return
NameTitleHours / weekCompensation
JAMES ATKINS MDBOARD MEMBER (TO 12/5/24)
Trustee or director
1$0
JOSEPH CALVERT MDBOARD MEMBER (TO 10/31/24)
Trustee or director
1$0
PETER MATTHEW BELFORD MDBOARD MEMBER
Trustee or director
1$0
DAVID ZAAS MDBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 18 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
BRADLEY A CLARKTREASURER
Officer
0.5$1,431,976$0$145,795
J MCLAIN WALLACE JRSECRETARY
Officer
0.8$0$983,574$35,934
MICHAEL T WAIDCHAIR
Trustee or director, Officer
0.7$0$797,934$57,880
STEPHAN L LILLIEBOARD MEMBER
Trustee or director
0.8$0$572,269$33,957
DEBORAH HARDING DNPBOARD MEMBER
Trustee or director
1$0$526,303$72,765
JENA FOLGERBOARD MEMBER
Trustee or director
1$0$491,375$49,165
CHAD BROWNBOARD MEMBER & PRESIDENT
Trustee or director, Officer
20$0$475,430$54,921
JOSHUA TROYERCLINICAL INSTRUCTOR CRNA
Highest-paid employee
40$0$310,848$52,451
JASON YOCKEYCHIEF CRNA
Highest-paid employee
40$0$281,168$55,082
JOHN RIEDELCLINICAL INSTRUCTOR CRNA
Highest-paid employee
40$0$241,848$47,183
AARON ELLIOTTCLINICAL INSTRUCTOR CRNA
Highest-paid employee
40$0$265,995$21,202
BARRY WALDASST TREASURER
Officer
30$0$245,756$36,709
KRISTIE BRYANCLINICAL INSTRUCTOR CRNA
Highest-paid employee
40$0$225,867$37,451
LORI MCNEILASST SECRETARY
Officer
40$0$50,930$31,266
DAVID W ZAAS MDBOARD MEMBER
Trustee or director
1$0$0$0
JAMES ATKINS MDBOARD MEMBER
Trustee or director
1$0$0$0
JOSEPH CALVERT MDBOARD MEMBER
Trustee or director
1$0$0$0
PETER MATTHEW BELFORD MDBOARD MEMBER
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
PO BOX 609, N WILKESBORO, NC 28659-0609
In care of
% SUSAN BRANNOCK
Principal officer (990 for 2024)
CHAD BROWN, PO BOX 609, NORTH WILKESBORO, NC 28659
Signed the 990
BRADLEY A CLARK, TREASURER
Phone
(336) 716-4445

Mission

SEE SCHEDULE O

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION OPERATES A 130 ACUTE CARE BED HOSPITAL, INCLUDING A 10-BED SKILLED NURSING UNIT, PROVIDING MEDICAL, EMERGENCY, AND OUTPATIENT CARE SERVICES TO THE RESIDENTS OF ALLEGHANY, ALEXANDER, ASHE, CALDWELL, IREDELL, SURRY, WATAUGA, AND WILKES COUNTIES. THE ORGANIZATION SERVES AS A SATELLITE PROVIDER OF ATRIUM HEALTH WAKE FOREST BAPTIST (AHWFB) SPECIALTY SERVICES AT ITS NORTH WILKESBORO CAMPUS, INCLUDING CARDIOLOGY, IMAGING, ENT, GASTROENTEROLOGY, NEPHROLOGY, NEUROLOGY, OB/GYN, OPHTHALMOLOGY, PATHOLOGY, PEDIATRICS, ORTHOPEDICS, AND UROLOGY. THE ORGANIZATION IS ACCREDITED BY THE JOINT COMMISSION ON ACCREDITATION OF HEALTHCARE ORGANIZATIONS AND HAS BEEN COMMITTED TO SERVING THE HEALTHCARE NEEDS OF WILKES COUNTY SINCE 1952. DURING CALENDAR YEAR 2024, THE HOSPITAL FACILITY HAD APPROXIMATELY 16,800 PATIENT DAYS, INCLUDING APPROXIMATELY 4,300 ADMISSIONS, AND APPROXIMATELY 30,300 EMERGENCY DEPARTMENT VISITS. THE ORGANIZATION PROVIDES NUMEROUS RESOURCES, ACTIVITIES, AND PROGRAMS TO SERVE THE HEALTH NEEDS OF ITS COMMUNITY. THESE PROGRAMS INCLUDE: -FAITHHEALTHNC - AN INITIATIVE THAT CONNECTS THE CARING STRENGTHS OF CONGREGATIONS, THE CLINICAL EXPERTISE OF PROVIDERS, AND A NETWORK OF COMMUNITY RESOURCES TO EASE THOSE ON THE JOURNEY TO HEALTH AND HEALING WHILE STRENGTHENING COMMUNITIES IN THE PROCESS. THERE ARE FAITHHEALTH CONNECTORS IN WILKES COUNTY THAT SERVE MARGINALIZED POPULATIONS AND GIVE VOICE TO HEALTH DISPARITIES IN THE COMMUNITIES SURROUNDING THE MEDICAL CENTER.-ATHLETIC TRAINERS - CERTIFIED ATHLETIC TRAINERS (ATC), PROVIDED BY AHWFB, WORK FULL-TIME IN THE PUBLIC HIGH SCHOOLS IN WILKES COUNTY THAT HAVE ATHLETIC PROGRAMS. THE ATC'S WORKS WITH STUDENT ATHLETES AND THEIR COACHES TO HELP KEEP THE ATHLETES SAFE AND HEALTHY AND TO TREAT AND HELP REHABILITATE SPORTS-RELATED INJURIES. -CARE CONNECTION PHARMACY - PROGRAM THAT PROVIDES FREE AND DISCOUNTED DRUGS TO THOSE UNABLE TO PAY FOR MEDICATIONS. IN RECENT YEARS, GRANT FUNDING RECEIVED FROM THE NC HEALTH AND WELLNESS TRUST FUND COMMISSION WAS USED TO UPGRADE THE TECHNOLOGY AND FUNDING OF THE PHARMACY. FOR EACH DOLLAR INVESTED IN THE PROGRAM, AN ESTIMATED $9 RETAIL VALUE OF PRESCRIPTION DRUGS HAVE BEEN ACQUIRED FOR QUALIFYING CITIZENS OF WILKES COUNTY. THIS PROGRAM ENABLES PATIENTS TO STAY COMPLIANT WITH THEIR MEDICAL TREATMENT PLAN AND REDUCE THE OCCURRENCE OF READMISSION. AHWFB-WMC ALSO SUPPORTS A SYRINGE EXCHANGE PROGRAM (SEP) AT THE PHARMACY. IN ADDITION TO COMMUNITY PROGRAMS, THE HOSPITAL REGULARLY REINVESTS FUNDS IN MEDICAL TECHNOLOGIES AND STATE-OF-THE-ART EQUIPMENT TO BETTER MEET THE NEEDS OF THE COMMUNITY. HOSPITAL LEADERSHIP WORKS DIRECTLY WITH THE WILKES MEDICAL CENTER FOUNDATION TO IDENTIFY AND VALIDATE GRANT PROPOSALS THAT ADDRESS ITS COMMUNITY HEALTH NEEDS ASSESSMENT. ATRIUM HEALTH WAKE FOREST BAPTIST LAUNCHED A NEW VIRTUAL SERVICE TO BETTER AND MORE QUICKLY MEET THE NEEDS OF PATIENTS HOSPITALIZED AT THE HEALTH SYSTEM'S HOSPITALS IN NORTH WILKESBORO AND LEXINGTON, NORTH CAROLINA. IN 2024, ATRIUM HEALTH WAKE FOREST BAPTIST WILKES MEDICAL CENTER EARNED THE U.S. ENVIRONMENTAL PROTECTION AGENCY'S ENERGY STAR CERTIFICATION FOR SUPERIOR ENERGY PERFORMANCE. ENERGY STAR-CERTIFIED BUILDINGS AND PLANTS ARE VERIFIED TO PERFORM IN THE TOP 25% OF BUILDINGS NATIONWIDE, BASED ON WEATHER-NORMALIZED SOURCE ENERGY USE THAT CONSIDERS OCCUPANCY, HOURS OF OPERATION AND OTHER KEY METRICS. ENERGY STAR IS THE ONLY ENERGY EFFICIENCY CERTIFICATION IN THE NATION THAT IS BASED ON ACTUAL, VERIFIED ENERGY PERFORMANCE.
    Expenses $131,881,747 · grants $3,961 · revenue $154,738,111

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
83-0343789
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
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E20)
Assets (IRS master file)
$123,704,292
Income (IRS master file)
$156,144,073

Revocation and reinstatement

Exemption revoked
February 15, 2013
Posted by the IRS
May 13, 2013
Reinstated
Effective July 15, 2013

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$156,144,073$139,606,758$123,704,292IRS
990December 2023$143,778,273$136,791,307$126,580,924XML
990December 2022$122,914,632$118,882,120$127,948,159IRS
990December 2021–––IRS
990June 2021–––IRS
990June 2020–––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 83-0343789).

Questions about WRMC HOSPITAL OPERATING CORPORATION

What is the EIN of WRMC HOSPITAL OPERATING CORPORATION?
The employer identification number (EIN) of WRMC HOSPITAL OPERATING CORPORATION is 83-0343789.
Is WRMC HOSPITAL OPERATING CORPORATION tax-exempt?
Yes. The IRS revoked its exemption on February 15, 2013 and reinstated it effective July 15, 2013.
Are donations to WRMC HOSPITAL OPERATING CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WRMC 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 WRMC 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 WRMC 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 WRMC HOSPITAL OPERATING CORPORATION?
The 990 for the year ended December 31, 2024 names CHAD BROWN.
Who are the officers and directors of WRMC HOSPITAL OPERATING CORPORATION?
The 990 for the year ended December 31, 2024 lists 19 people; 1 received compensation from the organization, the highest $2,513,703 (BRADLEY A CLARK, TREASURER).
How much revenue does WRMC HOSPITAL OPERATING CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $156,144,073, expenses of $139,606,758 and total assets of $123,704,292 at year end.

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