2024-08-15T15:33:39+00:00 2023-09-30 346565596 ERNST & YOUNG US LLP 55 IVAN ALLEN JR BOULEVARD ATLANTA GA 30308 990 2022-10-01 900893457 WAKEMED GROUP RETURN WAKE 9193500522 3000 NEW BERN AVENUE RALEIGH NC 27610 STEPHANIE T SESSOMS EXECUTIVE VICE PRESIDENT, CFO 2024-08-15 true Aerrial M Orr P01598400 4048748300 2022 2024-08-08 14:25:15Z SEE SCHEDULE O DONALD GINTZIG 3000 NEW BERN AVENUE RALEIGH NC 27610 36059866 true true 5881 X WWW.WAKEMED.ORG X NC TO IMPROVE THE HEALTH AND WELL-BEING OF OUR COMMUNITY WITH OUTSTANDING AND COMPASSIONATE CARE TO ALL. 36 32 0 106 0 0 2256831 1880822 27293689 28682959 2696907 1826147 -152768 91469 32094659 32481397 427966 839475 0 1892499 1733514 0 589227 37320698 38298956 39641163 40871945 -7546504 -8390548 412467377 408937900 123621319 127039834 288846058 281898066 TO MAINTAIN AND OPERATE PROPERTIES, AID AND PROMOTE THE IMPROVEMENT AND DEVELOPMENT OF WAKEMED'S EDUCATION AND SCIENTIFIC PROGRAMS, AND TO TRANSFORM HEALTHCARE THROUGH PHILANTHROPY BY RAISING FRIENDS, FUNDS, AND FUTURE LEADERS FOR WAKEMED. false false 36634946 0 28814326 WAKEMED PROPERTY SERVICES PURCHASES, LEASES, AND MAINTAINS PROPERTIES IN WAKE, JOHNSTON AND DURHAM COUNTIES FOR THE PURPOSES OF LEASING OR SUBLEASING SPACE TO WAKEMED AND OTHER MEDICAL PROVIDERS TO EXPAND THE ACCESSIBILITY OF MEDICAL SERVICES IN THE VICINITY. PROPERTY SERVICES CURRENTLY OWNS AND MAINTAINS THIRTY PROPERTIES (INCLUDING LAND THAT IS UNDER DEVELOPMENT), AND LEASES FIFTY-ONE PROPERTIES. MULTIPLE WAKEMED DEPARTMENTS AND PHYSICIAN PRACTICES OCCUPY THE OWNED AND LEASED SPACE INCLUDING THREE FREE-STANDING EMERGENCY DEPARTMENTS, FIVE OUTPATIENT IMAGING CENTERS, FOUR OUTPATIENT REHABILITATION DEPARTMENTS AND A MOBILE CRITICAL CARE AMBULANCE DEPARTMENT. CURRENTLY, THERE ARE ONE HUNDRED AND NINETEEN PHYSICIAN PRACTICES LOCATED IN THESE BUILDINGS. A WIDE VARIETY OF CARE OPTIONS ARE OFFERED AT EACH OF THESE FACILITIES AND ARE DESIGNED BY LOCATION AND SERVICE TO ENHANCE CARE FOR ALL RESIDENTS OF THE COMMUNITY SERVED. MOST LOCATIONS ARE LEASED IN AREAS EXPERIENCING RAPID GROWTH WITH LIMITED OPTIONS FOR MEDICAL CARE INCLUDING PRIMARY CARE AND SPECIALISTS. 2639405 839475 0 THE WAKEMED FOUNDATION IS A CHARITABLE RESOURCE FOR WAKEMED, SUPPORTING THE HEALTH SYSTEM IN ITS COMMITMENT TO PROVIDING QUALITY HEALTHCARE TO ALL CITIZENS OF THE COMMUNITY. FUNDRAISING ACTIVITIES SUPPORT WAKEMED THROUGH FUNDRAISING AND EDUCATIONAL AWARENESS OF QUALITY HEALTHCARE PROGRAMS AND SERVICES AVAILABLE AT WAKEMED FOR THE CITIZENS OF THE COMMUNITY WITH THE PURPOSE OF PROVIDING PHILANTHROPIC SUPPORT FOR NUMEROUS WAKEMED PROGRAMS AND SERVICES. THE FOUNDATION HAS HELPED FURTHER WAKEMED'S MISSION TO THE COMMUNITY. 39274351 true true false false false false false false true true false false false true false false true false false false false false false true false false true true true false false false false false false true false true false false false false true false false false true 50 0 true 0 false false false false false false false false false false false false X 36 32 false false false false false true true true true false false true true true true true true false false true true NC X STEPHANIE T SESSOMS Executive Vice President CFO 9193500522 3000 NEW BERN AVENUE RALEIGH NC 27610 ABA FORSON BOD, WAKEMED FOUNDATION 0.5 0 X 0 0 0 ANNA GOODMON MD BOD, WAKEMED FOUNDATION 0.5 0 X 0 0 0 BLOUNT WILLIAMS BOD, WAKEMED PROPERTY SERVICES 2.5 2.5 X 0 0 0 BRENDA C GIBSON BOD, WAKEMED FOUNDATION 0.5 0 X 0 0 0 BRIAN REID BOD, WAKEMED FOUNDATION 0.5 0 X 0 0 0 CREIGHTON BLACKWELL BOD, WAKEMED FOUNDATION 0.5 0 X 0 0 0 DAN BLUE III BOD, WAKEMED PROPERTY SERVICES 2.0 2.0 X 0 0 0 DANA GREEN BOD, WAKEMED FOUNDATION 0.5 0 X 0 0 0 DEAN GOODEN TREASURER, BOD, WAKEMED FOUNDATION 0.5 0 X 0 0 0 DENNY FINGERS BOD, WAKEMED FOUNDATION 0.5 0 X 0 0 0 GAVIN SHAW BOD, WAKEMED FOUNDATION 0.5 0 X 0 0 0 GLORIA BECKER BOD, WAKEMED FOUNDATION 0.5 0 X 0 0 0 GREG MCNAMARA BOD, WAKEMED FOUNDATION 0.5 0 X 0 0 0 HENRY L DARNELL BOD, WAKEMED PROPERTY SERVICES 2.0 2.0 X 0 0 0 JAMES ANTHONY PENRY BOD, WAKEMED PROPERTY SERVICES 2.0 2.0 X 0 0 0 JANE DOGGETT EVANS CHAIR, BOD, WAKEMED FOUNDATION 0.5 0 X 0 0 0 JEFF EDWARDS BOD, WAKEMED FOUNDATION 0.5 0 X 0 0 0 JENNETH MITCHELL TREASURER, BOD, WAKEMED FOUNDATION 0.5 0 X 0 0 0 JENNY WINSTON BOD, WAKEMED FOUNDATION 0.5 0 X 0 0 0 JOHN MATTHEWS SECRETARY, BOD, WAKEMED FOUNDATION 0.5 0 X 0 0 0 JOY SLOAN BOD, WAKEMED FOUNDATION 0.5 0 X 0 0 0 JUN PARK BOD, WAKEMED FOUNDATION 0.5 0 X 0 0 0 KEEMIA SHAW BOD, WAKEMED PROPERTY SERVICES (FROM 6/5/2023) 1.8 1.8 X 0 0 0 KEVIN MLAUGHLIN BOD, WAKEMED FOUNDATION 0.5 0 X 0 0 0 LARRY BARBOUR BOD, WAKEMED PROPERTY SERVICES 2.3 2.3 X 0 0 0 LARRY LONG JR BOD, WAKEMED FOUNDATION 0.5 0 X 0 0 0 LAURA HELTON MD BOD, WAKEMED PROPERTY SERVICES 1.8 1.8 X 0 0 0 MARGARET BRATTON BOD, WAKEMED FOUNDATION & WPS 0.5 2.5 X 0 0 0 MARY NASH RUSHER BOD, WAKEMED PROPERTY SERVICES 2.0 2.0 X 0 0 0 MICHAEL FERGUSON BOD, WAKEMED FOUNDATION 0.5 0.0 X 0 760926 42644 MICHAEL PAINTER BOD, WAKEMED PROPERTY SERVICES & BOD, WAKEMED FOUNDATION 0.5 0.5 X 0 0 0 R MICHAEL GRAY BOD, WAKEMED FOUNDATION 0.5 0 X 0 0 0 RASHEEDA MONROE MD BOD, WAKEMED FOUNDATION 0.5 40.0 X 0 328656 18300 ROBERT C RICE JR SECRETARY, BOD, WAKEMED PROPERTY SERVICES 2.5 2.5 X 0 0 0 SATISH GARIMELLA BOD, WAKEMED PROPERTY SERVICES 1.8 1.8 X 0 0 0 SATISH MATHAN MD VICE CHAIR, BOD, WAKEMED FOUNDATION 0.5 0 X 0 0 0 SCOTT BACON BOD, WAKEMED FOUNDATION 0.5 0 X 0 0 0 SETH BRODY EVP, CHIEF PHYSICIAN EXECUTIVE & BOD FOUNDATION 0.5 60.5 X 0 604840 18300 SONIA BARNES BOD, WAKEMED PROPERTY SERVICES 2.0 2.0 X 0 0 0 THAD L MCDONALD MD BOARD MEMBER, CHAIR (BEGIN 05/2023) 2.5 2.5 X 0 0 0 THOMAS FRITSCH BOD, WAKEMED FOUNDATION 0.5 0 X 0 0 0 WILL BARFIELD BOD, WAKEMED FOUNDATION 0.5 0 X 0 0 0 WILLY E STEWART VC, BOD, WAKEMED PROPERTY SERVICES (UNTIL 5/25/2023) 2.3 2.3 X 0 0 0 DIONNE WHITAKER OFFICER - SECRETARY (FROM 2/7/2023) 0.0 50.0 X 0 70988 7170 DONALD GINTZIG PRESIDENT & CEO 0.0 80.0 X 0 1919853 19745 RICK CARRICO (UNTIL 1282023) CHIEF FINANICAL OFFICER 0.0 70.0 X 0 647187 48134 ROYLYN JOHNSON OFFICER - SECRETARY (UNTIL 2/7/2023) 0.0 50.0 X 0 116790 17486 STEPHANIE SESSOMS (FROM 1282023) INTERIM CFO & SVP, FINANCE 0.0 65.0 X 0 283530 147864 THEODORE LOTCHIN VP & CHIEF COMPLIANCE & PRIVACY OFFICER 0.0 60.0 X 0 345651 43061 THOMAS GOUGH EVP & CHIEF OPERATING OFFICER 0.0 70.0 X 0 638625 19260 BRAD DAVIS EXECUTIVE DIRECTOR, FOUNDATION 0.0 45.0 X 0 203593 38086 CAROLYN KNAUP SVP - STRATEGIC VENTURES & AMBULATORY OPERATIONS 0.0 65.0 X 0 387469 38168 CHARLES HARR CHIEF MEDICAL OFFICER, RALEIGH 0.0 60.0 X 0 435378 21336 CHRISTINE CRAIG VP, GOVERNMENTAL AFFAIRS 0.0 55.0 X 0 303197 37374 CHRISTOPHER DERIENZO SVP & CHIEF QUALITY OFFICER & CMO 0.0 60.0 X 0 589530 42644 CYNTHIA ALNESS-BOILY SVP - OPERATIONS & CNO 0.0 60.0 X 0 423453 40891 DEBRA LAUGHERY INTERIM EXEC. DIR. & VP, MARKETING & COMMUNICATIONS 0.0 65.0 X 0 312490 19069 DOUG TROCINSKI CHIEF MEDICAL OFFICER, CARY 0.0 60.0 X 0 306884 11897 GAYLA HARVEY VP, PAYOR STRATEGY & MANAGED CARE CONTRACTING 0.0 45.0 X 0 312878 28490 JERONICA GOODWIN SVP, HUMAN RESOURCES 0.0 60.0 X 0 330366 26858 JOHN PERRY VP, MEDICAL INFORMATION 0.0 60.0 X 0 377900 45494 KAREN BASH CHIEF MEDICAL OFFICER, NORTH 0.0 55.0 X 0 352342 27755 KAREN CHILTON SVP & CHIEF QUALITY OFFICER 0 55.0 X 0 310911 15416 PETER MARKS VP & CHIEF INFORMATION OFFICER 0.0 55.0 X 0 412150 22821 REBECCA ANDREWS SVP & ADMINISTRATOR RALEIGH 0.0 70.0 X 0 496869 32098 RICK SHRUM VP & CHIEF STRATEGY OFFICER 0.0 55.0 X 0 375466 41808 SUSAN JAMES VP & CHIEF LEGAL OFFICER 0.0 65.0 X 0 428689 45191 THOMAS CAVENDER VP, FACILITIES & CONSTRUCTION 0.0 60.0 X 0 357502 29498 THOMAS HUGHES SVP & ADMINISTRATOR CARY 0.0 57.0 X 0 320564 21453 VALERIE BARLOW SVP & ADMINISTRATOR NORTH 0.0 60.0 X 0 343667 45674 ASHISH PATEL PHYSICIAN 0.0 60.0 X 0 1340564 28317 BRYON BOULTON PHYSICIAN 0.0 62.0 X 0 1260058 42644 GURVINDER DEOL PHYSICIAN 0.0 60.0 X 0 1322067 47984 JONATHAN CHAPPELL PHYSICIAN 0.0 60.0 X 0 1074125 45044 JUDSON WILLIAMS PHYSICIAN 0.0 80.0 X 0 1200800 45155 HAROLD LAWSON (UNTIL 8312022) VP, REVENUE CYCLE 0.0 0.0 X 0 448133 34750 0 19744091 1257879 0 true true false JANI-KING 801 JONES FRANKLIN RD RALEIGH NC 27606 JANITORIAL SERVICES 1277230 MARLAMAR INC DBA CITY WIDE MAINTENANCE 7080 NC HWY 751 DURHAM NC 27707 JANITORIAL SERVICES 480853 GREENSCAPE PO BOX 9614 CHARLOTTE NC 282960104 LANDSCAPING SERVICES 396208 MG CAPITAL MAINTENANCE PO BOX 1370 MORRISVILLE NC 27560 JANITORIAL SERVICES 239331 INTERSTATE CONTRACTING CLEANING SERVICES INC 509 BLAIRHILL RD CHARLOTTE NC 28217 JANITORIAL SERVICES 133112 5 855013 1025809 123167 1880822 RELATED RENTAL INCOME 531112 28682959 28682959 0 0 0 0 28682959 1578442 1578442 0 0 3660541 108960 3521796 0 138745 108960 247705 247705 16775 855013 56673 -39898 -39898 INTEREST INCOME - GASB 78075 78075 GAIN/LOSS IN QTS 52136 52136 PURCHASE DISCOUNTS 1156 1156 0 0 0 0 131367 32481397 28814326 0 1786249 724398 724398 115077 115077 1540414 849175 253093 438146 48329 8124 14721 25484 82414 12891 25455 44068 62357 11587 18589 32181 19300 19300 99999 99999 3408879 3275156 133723 0 26894 26894 321556 11635 309921 124820 124820 7608297 7608297 4520 3452 1068 1698 1698 4914751 4914751 1667168 1667168 16874147 16874147 259771 259771 WPS-REPAIRS & MAINTENANCE 2813256 2813256 Bad Debt 31128 31128 FND & WPS - MINOR EQUIPMENT 13471 9875 3596 WPS - OTHER EXP 37654 37654 71647 50261 0 21386 40871945 39274351 1008367 589227 4038654 2537843 922977 824905 4965699 4714900 41175036 42298577 0 0 2361850 1918293 0 1209520 686089 419823638 103284548 321403608 316539090 31937946 34799892 0 4233629 4285765 218458 332546 412467377 408937900 9384620 9547104 244614 152572 0 113992085 117340158 123621319 127039834 X 256124365 248859996 32721693 33038070 288846058 281898066 412467377 408937900 X -8390548 1270735 171821 X false true X true false X X 1 WAKEMED 566017737 3 true 0 0 1 0 0 1495799 5847870 2436742 2256831 1880822 13918064 0 0 1495799 5847870 2436742 2256831 1880822 13918064 277370 13640694 1219446 1117281 1104508 1304427 1578442 6324104 0 0 0 0 0 0 0 20242168 0 0.6739 0.6809 X true false false false false false false false false false false false false false false true Schedule A, Part I PUBLIC CHARITY STATUS OF GROUP RETURN AFFILIATES WAKEMED FACULTY PRACTICE PLAN PUBLIC CHARITY STATUS: 509(A)(3) - BOX 12B WAKEMED PROPERTY SERVICES PUBLIC CHARITY STATUS: 509(A)(3) - BOX 12B WAKEMED FOUNDATION PUBLIC CHARITY STATUS: 509(A)(1) AND 170(B)(1)(A)(VI) - BOX 7 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4444072 1000 196911 98913 4543070 4758605 69525 -303842 80216 4444072 4384089 49637 381557 56678 4758605 2415426 1924338 132158 87833 4384089 2386885 15274 90035 76768 2415426 0.02 0.98 0.0 false false 47811581 47811581 216526606 66536542 149990064 21372882 4044618 17328264 5386466 2945012 2441454 128726103 29758376 98967727 316539090 DEFERRED LANDLORD INCENTIVES 376426 CHARITABLE GIFT ANNUITY 23558 LONG TERM CAPITAL LEASE PAYABLE 114404074 DEFERRED LEASE INFLOW 2536100 117340158 Schedule D, Part V, Line 4 Intended uses of endowment funds ONE FUND IS INTENDED TO BENEFIT THE PEDIATRICS AND CHILDREN OF THE TRIANGLE COMMUNITY AND THE REGION SERVED BY WAKEMED. THE ENDOWMENT ENCOURAGES AND FOSTERS DIALOGUE BETWEEN PHYSICIANS AND EXPERTS IN THE FIELD OF INFECTIOUS DISEASES OF CHILDREN. THE ENDOWMENT WILL SUPPORT EDUCATIONAL SEMINARS WITH NATIONALLY RECOGNIZED SPEAKERS DISCUSSING CURRENT ISSUES OF CLINICAL IMPORTANCE TO THE PRACTITIONER. THE EARNINGS OF THE SECOND FUND WILL BE USED TO SUPPORT THE ADVANCEMENT OF KNOWLEDGE AND CLINICAL SKILLS BY NURSES AND OTHER CERTIFIED HEALTHCARE WORKERS AT WAKEMED THROUGH ENROLLMENT IN UNDERGRADUATE OR GRADUATE DEGREE PROGRAMS OR QUALIFIED CEU SEMINARS AND TRAINING EVENTS. WMG & OTHER EVENTS 855013 855013 0 12661 5900 17201 KICK IT 4 KIDS 12275 12275 5837 1 4500 4500 15074 871788 855013 16775 12661 5900 38112 56673 -39898 true SAFE CHILD 864 WEST MORGAN STREET RALEIGH NC 27603 561817816 501(C)(3) 50000 FMV CHILDREN'S MEDICAL EVALUATIONS MEFINE FOUNDATION 318 BLACKWELL ST STE 130 DURHAM NC 27701 201819368 501(C)(3) 15000 FMV SUPPORT OF PEDIATRIC PATIENTS & THEIR FAMILIES WAKE EMERGENCY PHYSICIANS PA 570 NEW WAVERLY PL STE 210 CARY NC 27518 561763695 9985 FMV WELL-BEING INITIATIVES WAKE EMERGENCY PHYSICIANS PA 570 NEW WAVERLY PL STE 210 CARY NC 27518 561763695 7926 FMV PAYMENT TO WAKE EMERGENCY PHYSICIANS - FELLOWSHIP EXPENSES; PAYMENT FLOWED THROUGH WAKEMED AS INTERMEDIARY INTER-FAITH FOOD SHUTTLE 1001 BLAIR DRIVE SUITE 120 RALEIGH NC 27603 561753180 501(C)(3) 72500 FMV DONATION - COMMUNITY FOOD INSECURITY PILOT FOOD BANK OF CENTRAL & EASTERN NC 1924 CAPITAL BLVD RALEIGH NC 27604 561283426 501(C)(3) 52500 FMV DONATION - COMMUNITY FOOD INSECURITY PILOT MEALS ON WHEELS OF WAKE COUNTY 1001 BLAIR DRIVE SUITE 100 RALEIGH NC 27603 561061085 501(C)(3) 125000 FMV DONATION - COMMUNITY FOOD INSECURITY PILOT WAKE CTY MEDIC SOC COMM HLTH FNDN INC PO BOX 91387 RALEIGH NC 27675 562205175 501(C)(3) 100000 FMV CENTER FOR COMMUNITY HEALTH - PROJECT ACCESS - DONATION WAKEMED 3000 NEW BERN AVE RALEIGH NC 276101215 566017737 501(C)(3) 291488 FMV GENERAL SUPPORT - EMPLOYEE ASSISTANCE 7 2 EDUCATIONAL SCHOLARSHIPS 15 115077 Schedule I, Part III EDUCATIONAL SCHOLARSHIPS THERE ARE CURRENTLY TWO SCHOLARSHIP PROGRAMS. THE HELTON ENDOWMENT SCHOLARSHIP FUND IS FOR EMPLOYEES. THE MEGAN CHAMP MORGAN SCHOLARSHIP FUND IS FOR DEPENDENTS, UP TO AGE 26, OF EMPLOYEES. THE EDUCATIONAL SCHOLARSHIPS ARE ADMINISTERED DIRECTLY TO THE UNIVERSITY OR COLLEGE IN THE RECIPIENT'S NAME. THE RECIPIENT MUST SUBMIT A COMPLETED APPLICATION, TWO PAGE LETTER TO WAKEMED FOUNDATION, TRANSCRIPT(S), AND THREE LETTERS OF REFERENCE. THE RECIPIENT MUST ALSO BE AVAILABLE FOR AN INTERVIEW WITH THE APPLICABLE SCHOLARSHIP COMMITTEE. ALL UNSPENT FUNDS ARE RETURNED TO THE APPROPRIATE SCHOLARSHIP FUND AT THE WAKEMED FOUNDATION. THE RECIPIENT OF A HELTON SCHOLARSHIP MUST REMAIN EMPLOYED AT WAKEMED FOR TWO YEARS AFTER THE AWARD; OTHERWISE, THE STUDENT MUST RETURN THE FUNDS RECEIVED TO THE HELTON FUND AT THE WAKEMED FOUNDATION. THE WAKEMED EMPLOYED PARENT OF A RECIPIENT OF A MEGAN CHAMP MORGAN SCHOLARSHIP MUST REMAIN EMPLOYED FOR TWO YEARS AFTER THE AWARD. THE STUDENT MUST MAINTAIN A 2.5 GPA. THE RECIPIENT MUST SUBMIT PROOF OF STUDY COMPLETION (TRANSCRIPTS, FINAL GRADES, ETC.) TO THE APPLICABLE SCHOLARSHIP COMMITTEE WITHIN 90 DAYS OF COMPLETION. Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. GRANTS ARE MADE TO ELIGIBLE 501(C) ORGANIZATIONS. GRANT RECIPIENTS MUST SUBMIT IMPACT/PROGRESS UPDATES. false false false false false false false true false CYNTHIA ALNESS-BOILY SVP - OPERATIONS & CNO 0 396446 0 0 0 27007 0 18300 0 22591 0 464344 0 0 REBECCA ANDREWS SVP & ADMINISTRATOR RALEIGH 0 470196 0 0 0 26673 0 18300 0 13798 0 528967 0 0 VALERIE BARLOW SVP & ADMINISTRATOR NORTH 0 340884 0 0 0 2783 0 18300 0 27374 0 389341 0 0 KAREN BASH CHIEF MEDICAL OFFICER, NORTH 0 343277 0 6764 0 2301 0 18300 0 9455 0 380097 0 0 BRYON BOULTON PHYSICIAN 0 1070371 0 187977 0 1710 0 18300 0 24344 0 1302702 0 0 SETH BRODY EVP, CHIEF PHYSICIAN EXECUTIVE & BOD FOUNDATION 0 602071 0 0 0 2769 0 18300 0 0 0 623140 0 0 RICK CARRICO (UNTIL 1282023) CHIEF FINANICAL OFFICER 0 619333 0 0 0 27854 0 18300 0 29834 0 695321 0 0 THOMAS CAVENDER VP, FACILITIES & CONSTRUCTION 0 322693 0 0 0 34809 0 18300 0 11198 0 387000 0 0 JONATHAN CHAPPELL PHYSICIAN 0 736876 0 336003 0 1246 0 18300 0 26744 0 1119169 0 0 KAREN CHILTON SVP & CHIEF QUALITY OFFICER 0 310455 0 0 0 456 0 15416 0 0 0 326327 0 0 CHRISTINE CRAIG VP, GOVERNMENTAL AFFAIRS 0 287394 0 0 0 15803 0 18300 0 19074 0 340571 0 0 BRAD DAVIS EXECUTIVE DIRECTOR, FOUNDATION 0 198515 0 0 0 5078 0 11559 0 26527 0 241679 0 0 GURVINDER DEOL PHYSICIAN 0 916497 0 400395 0 5175 0 18300 0 29684 0 1370051 0 0 CHRISTOPHER DERIENZO SVP & CHIEF QUALITY OFFICER & CMO 0 588874 0 0 0 656 0 18300 0 24344 0 632174 0 0 MICHAEL FERGUSON BOD, WAKEMED FOUNDATION 0 589836 0 169597 0 1493 0 18300 0 24344 0 803570 0 0 DONALD GINTZIG PRESIDENT & CEO 0 1240102 0 618964 0 60787 0 16072 0 3673 0 1939598 0 0 JERONICA GOODWIN SVP, HUMAN RESOURCES 0 329870 0 0 0 496 0 18300 0 8558 0 357224 0 0 THOMAS GOUGH EVP & CHIEF OPERATING OFFICER 0 620340 0 0 0 18285 0 18300 0 960 0 657885 0 0 CHARLES HARR CHIEF MEDICAL OFFICER, RALEIGH 0 429623 0 0 0 5755 0 18300 0 3036 0 456714 0 0 GAYLA HARVEY VP, PAYOR STRATEGY & MANAGED CARE CONTRACTING 0 305997 0 0 0 6881 0 18300 0 10190 0 341368 0 0 THOMAS HUGHES SVP & ADMINISTRATOR CARY 0 319152 0 0 0 1412 0 18300 0 3153 0 342017 0 0 SUSAN JAMES VP & CHIEF LEGAL OFFICER 0 426709 0 0 0 1980 0 18300 0 26891 0 473880 0 0 CAROLYN KNAUP SVP - STRATEGIC VENTURES & AMBULATORY OPERATIONS 0 370429 0 0 0 17040 0 18300 0 19868 0 425637 0 0 DEBRA LAUGHERY INTERIM EXEC. DIR. & VP, MARKETING & COMMUNICATIONS 0 292907 0 0 0 19583 0 18300 0 769 0 331559 0 0 HAROLD LAWSON (UNTIL 8312022) VP, REVENUE CYCLE 0 266167 0 18759 0 163207 0 17438 0 17312 0 482883 0 0 THEODORE LOTCHIN VP & CHIEF COMPLIANCE & PRIVACY OFFICER 0 345110 0 0 0 541 0 18300 0 24761 0 388712 0 0 PETER MARKS VP & CHIEF INFORMATION OFFICER 0 389852 0 0 0 22298 0 18300 0 4521 0 434971 0 0 RASHEEDA MONROE MD BOD, WAKEMED FOUNDATION 0 300744 0 27053 0 859 0 18300 0 0 0 346956 0 0 ASHISH PATEL PHYSICIAN 0 584622 0 754990 0 952 0 18300 0 10017 0 1368881 0 0 JOHN PERRY VP, MEDICAL INFORMATION 0 375237 0 0 0 2663 0 18300 0 27194 0 423394 0 0 STEPHANIE SESSOMS (FROM 1282023) INTERIM CFO & SVP, FINANCE 0 282300 0 0 0 1230 0 14392 0 133472 0 431394 0 0 RICK SHRUM VP & CHIEF STRATEGY OFFICER 0 369948 0 0 0 5518 0 18300 0 23508 0 417274 0 0 DOUG TROCINSKI CHIEF MEDICAL OFFICER, CARY 0 302421 0 0 0 4463 0 9148 0 2749 0 318781 0 0 JUDSON WILLIAMS PHYSICIAN 0 1007039 0 191515 0 2246 0 18300 0 26855 0 1245955 0 0 Schedule J, Part I, Line 1a Tax Identification and Gross-Up payments are paid to some key employees. They are included in taxable income. Schedule J, Part I, Line 1b Tax Gross-Ups for key employees are covered by the employee agreement or are approved by the Board of Directors. Schedule J, Part I, Line 3 ALL COMPENSATION REPORTED ON PART VII OF THE FORM 990 IS PAID BY WAKEMED HOSPITAL, A COMMON PAYMASTER. WAKEMED HOSPITAL'S HUMAN RESOURCE DEPARTMENT REGULARLY REVIEWS THE COMPENSATION FOR THE CEO, OFFICERS, AND KEY EMPLOYEES. THE FACILITY REGULARLY USES AN INDEPENDENT CONSULTING FIRM AS A SOURCE OF COMPENSATION INFORMATION, BENCHMARKING, AND TO REVIEW TO ENSURE CONSISTENT AND FAIR COMPENSATION PRACTICES. THE CEO'S COMPENSATION IS APPROVED BY THE WAKEMED HOSPITAL BOARD. Schedule J, Part I, Line 7 WakeMed has incentive-based programs that are driven by accomplishing targets associated with Quality of Care for Discharge instructions, Patient Satisfaction and Minimum Operating Benefits. J Blount Williams owner of business 58183 business sells furniture to WakeMed property services false X 11 123167 Market value false true false Schedule M, Part I, Line 9 Supplemental Information Part1, Column (b) The amount in column (b) represents the number of contributions. Form 990, Part VI, Line 15 Line 15A & B All compensation reported on Part VII of the form 990 is paid by WakeMed hospital, a common paymaster. WakeMed Hospital's Human Resource Department regularly reviews the compensation for the CEO, Officers, and Key Employees. The facility regularly uses an independent consulting firm as a source of compensation information, benchmarking, and to review to ensure consistent and fair compensation practices. The CEO's compensation is approved by the WakeMed Governing Board. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body EIGHT MEMBERS OF THE BOARD ARE APPOINTED TO THE BOARD OF DIRECTORS BY WAKE COUNTY. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders The Wake County Board of Commissioners holds limited approval over some governing body decisions pertaining to articles of incorporation. The transfer agreement with Wake County indicates approval/consent for transactions pertaining to substantial disposition of assets and covenants of liens. Form 990, Part VI, Line 11b Review of form 990 by governing body The 990 and schedules are reviewed by the finance committee of the WakeMed Board of Directors who then recommend approval to the WakeMed Board of Directors. A final copy is provided to the WakeMed Board of Directors before filing. Form 990, Part VI, Line 12c Conflict of interest policy The organization enforces the Conflict of Interest Policy in various ways. Each year members of the WakeMed Board, committees with board-delegated power, the CEO, corporate staff, executive staff, directors and managers are required to complete and submit a conflict of interest questionnaire. These individuals are required to provide written documentation of any potential conflict of interest, identifying material financial interest and/or personal conflicts of interest. Remedial measures implemented addressing conflicts include abstention from voting on certain issues as well as recusal from the decision-making process and participation involving the identified issue/area. The code of conduct provides guidance on gifts and travel. Gifts should not be accepted and prior to any travel and lodging paid by a third party, written approval must be obtained from an executive vice-president. Also, employees who own or work in a private business outside of WakeMed are not allowed to recruit or promote their products and services during work hours or through WakeMed printed materials. Form 990, Part VI, Line 19 Required documents available to the public The 990 is available by request and is published on Guidestar and other websites. Financial statements are publicly available online at EMMA, Electronic Municipal Market Access (https://emma.msrb.org) as it relates to tax-exempt debt. The annual audited financial statements and transfer agreement are provided each year to Wake County Commissioners and become public information. Governing documents are available through the Secretary of State's office. The Conflict of Interest Policy is available to employees (but not posted publicly). The Foundation has a Conflict of Interest Policy. Directors sign a statement confirming that they have received, read, and understand the policy which is incorporated in the WakeMed Foundation Bylaws. Further, Directors that they have no knowledge of any Conflicts of Interest. Form 990, Part VII, Section A, Line 1a, Column (E) All employees of the subordinate organizations, included those reported on the Wakemed group return, are paid by the parent organization, Wakemed. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Transfers Between Affiliate - -614346; Transfer of Fixed Assets - 786167; FORM 990, BOX C Also Doing Business As: Wake County Hospital System Medical Education Foundation Wake Medical Center Foundation WAKEMED 3000 NEW BERN AVENUE RALEIGH NC 27610 566017737 HOSPITAL NC 501(c)(3) 3 NA false QUALITY TEXTILE SERVICES 313 SOUTH ROGERS LANE RALEIGH NC 27610 561943802 TEXTILE SERVICES NC NA C Corporation 107675 4927475 0.5 false false true false false false false false false false true true false false false false false false true true WAKEMED B 1958656 FMV WAKEMED J 9374426 FMV WAKEMED K 1099620 FMV WAKEMED R 43008250 FMV WAKEMED B 291488 FMV WAKEMED S 25668169 FMV