WAKEMED: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- WAKEMED (EIN 90-0893457)
- Tax period
- 2021-10-01 to 2022-09-30
- Filed
- 2023-08-16
- IRS object ID
- 202312279349305156
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-08-16T01:30:24+00:00 | ReturnTs |
| Tax Period End | 2022-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 346565596 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 IVAN ALLEN JR BOULEVARD | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30308 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 900893457 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WAKEMED GROUP RETURN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WAKE | BusinessNameControlTxt |
| Phone | 9193500522 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3000 NEW BERN AVENUE | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27610 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEPHANIE T SESSOMS | PersonNm |
| Person Title | SENIOR VP AND INTERIM CFO | PersonTitleTxt |
| Signature | 2023-08-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | STEPHANIE | PersonFirstNm |
| Person Last | SESSOMS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Aerrial M Orr | PreparerPersonNm |
| PTIN | P01598400 | PTIN |
| Phone | 4048748300 | PhoneNum |
| Preparation | 2023-08-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE SCHEDULE O | BusinessNameLine1Txt |
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DONALD GINTZIG | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3000 NEW BERN AVENUE | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27610 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $44,909,256 | GrossReceiptsAmt |
| Group Return For Affiliates | Yes (true) | GroupReturnForAffiliatesInd |
| All Affiliates Included | Yes (true) | AllAffiliatesIncludedInd |
| Group Exemption | 5881 | GroupExemptionNum |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.WAKEMED.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | TO IMPROVE THE HEALTH AND WELL-BEING OF OUR COMMUNITY WITH OUTSTANDING AND COMPASSIONATE CARE TO ALL. | ActivityOrMissionDesc |
| Voting Members Governing Body | 38 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 36 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 155 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,436,742 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,256,831 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $24,304,640 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $27,293,689 | CYProgramServiceRevenueAmt |
| PY Investment Income | $3,088,973 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,696,907 | CYInvestmentIncomeAmt |
| PY Other Revenue | $295,261 | PYOtherRevenueAmt |
| CY Other Revenue | -$152,768 | CYOtherRevenueAmt |
| PY Total Revenue | $30,125,616 | PYTotalRevenueAmt |
| CY Total Revenue | $32,094,659 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $359,952 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $427,966 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,709,651 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,892,499 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $592,719 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $29,624,483 | PYOtherExpensesAmt |
| CY Other Expenses | $37,320,698 | CYOtherExpensesAmt |
| PY Total Expenses | $31,694,086 | PYTotalExpensesAmt |
| CY Total Expenses | $39,641,163 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,568,470 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$7,546,504 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $319,222,964 | TotalAssetsBOYAmt |
| Total Assets EOY | $412,467,377 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $14,167,687 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $123,621,319 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $305,055,277 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $288,846,058 | NetAssetsOrFundBalancesEOYAmt |
| Mission | 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. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $34,937,576 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $27,178,732 | RevenueAmt |
| Desc | WakeMed Property Services purchases, leases, and maintains properties in Wake and Johnston 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-two properties (including land for future development), and leases forty-two 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, a mobile critical care ambulance department, and an outpatient physical therapy department. Currently, there are one hundred and twelve 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. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $3,020,885 | ExpenseAmt |
| Grant | $427,966 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | 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. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $37,958,461 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 51 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 38 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 36 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (true) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (true) | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STEPHANIE T SESSOMS SR VP & INTERIM CFO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9193500522 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3000 NEW BERN AVENUE | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27610 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (78 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A Blanton Godfrey PHD (Until 52522) | ||||||||||
| BOD, WAKEMED PROPERTY SERVICES | 2.5 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Anna Goodman MD | ||||||||||
| BOD, WAKEMED FDN | 0.5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Avery Knight (Until 123121) | ||||||||||
| BOD, WakeMed FDN | 0.5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Blount Williams | ||||||||||
| BOD, WAKEMED PROPERTY SERVICES | 2.3 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Brenda Gibson | ||||||||||
| BOD, WAKEMED FDN | 0.5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Brian Reid | ||||||||||
| BOD, WAKEMED FDN | 0.5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Carson Henline (Until 123121) | ||||||||||
| BOD, WakeMed FDN | 0.5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Christina Alvarado Shanahan (Until 71022) | ||||||||||
| CHAIR, BOD, WAKEMED PROP SVCS | 1.5 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Creighton Blackwell | ||||||||||
| BOD, WAKEMED FDN | 0.5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Dan Blue III | ||||||||||
| BOD, WAKEMED PROPERTY SERVICES | 2.8 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Dana Green | ||||||||||
| BOD, WAKEMED FDN | 0.5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Dean Gooden | ||||||||||
| TREASURER, BOD, WAKEMED FDN | 0.5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Gavin Shaw | ||||||||||
| BOD, WAKEMED FDN | 0.5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Gloria Becker | ||||||||||
| BOD, WAKEMED FDN | 0.5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Henry L Darnell | ||||||||||
| BOD, WAKEMED PROPERTY SERVICES | 2.3 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| James Anthony Penry | ||||||||||
| BOD, WAKEMED PROPERTY SERVICES | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Jane Doggett Evans | ||||||||||
| CHAIR, BOD, WAKEMED FDN | 0.5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Jeff Edwards | ||||||||||
| BOD, WAKEMED FDN | 0.5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Jenneth Mitchell | ||||||||||
| BOD, WAKEMED FDN | 0.5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Jenny Winston | ||||||||||
| BOD, WAKEMED FDN | 0.5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| John Matthews | ||||||||||
| SECRETARY, BOD, WAKEMED FDN | 0.5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Joy Sloan | ||||||||||
| BOD, WAKEMED FDN | 0.5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Jun Park | ||||||||||
| BOD, WAKEMED FDN | 0.5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Kevin McLaughlin | ||||||||||
| BOD, WAKEMED FDN | 0.5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Larry Barbour | ||||||||||
| BOD, WAKEMED PROPERTY SERVICES | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Laura Helton MD (From 6722) | ||||||||||
| BOD, WAKEMED PROPERTY SERVICES | 1.3 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Margaret Bratton | ||||||||||
| BOD, WPS AND WAKEMED FDN | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Mary Nash Rusher | ||||||||||
| BOD, WAKEMED PROPERTY SERVICES | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Michael Ferguson MD | ||||||||||
| BOD, WAKEMED FDN | 0.5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Michael Painter (From 9622) | ||||||||||
| BOD, WAKEMED FDN | 0.5 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| R Michael Gray | ||||||||||
| BOD, WAKEMED FDN | 0.5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Rasheeda Monroe | ||||||||||
| BOD, WM FDN, MED DIR, PEDS PC | 0.0 | 40.0 | Yes (X) | $0 | $291,817 | $17,400 | ||||
| Robert Ange (Until 123121) | ||||||||||
| BOD, WakeMed FDN | 0.5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Robert C Rice JR | ||||||||||
| SECRETARY, BOD, WAKEMED PROP SVCS | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Satish Garimella (From 71122) | ||||||||||
| BOD, WAKEMED PROPERTY SERVICES | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Satish Mathan MD | ||||||||||
| VICE CHAIR, BOD, WAKEMED FND | 0.5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Scott Bacon | ||||||||||
| BOD, WAKEMED FDN | 0.5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Seth Brody | ||||||||||
| SVP, Physician Services | 0.0 | 60.0 | Yes (X) | $0 | $667,725 | $17,400 | ||||
| Sonia Barnes | ||||||||||
| BOD, WAKEMED PROPERTY SERVICES | 2.3 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Stephen Leinenweber (Until 123121) | ||||||||||
| BOD, WakeMed FDN | 0.5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Thad L Mcdonald MD | ||||||||||
| BOD, WAKEMED PROPERTY SERVICES | 2.8 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Thomas Fritsch | ||||||||||
| BOD, WAKEMED FDN | 0.5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Vern Davenport (Until 123121) | ||||||||||
| BOD, WAKEMED PROPERTY SERVICES | 2.3 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Will Barfield | ||||||||||
| BOD, WAKEMED FDN | 0.5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Willy E Stewart | ||||||||||
| VC BOD, WAKEMED PROP SVCS | 3.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Donald Gintzig | ||||||||||
| President & CEO | 0.0 | 80.0 | $0 | $1,998,303 | $39,822 | Yes (X) | ||||
| Rick Carrico | ||||||||||
| EVP & Chief Financial Officer | 0.0 | 70.0 | $0 | $813,329 | $47,084 | Yes (X) | ||||
| Roylyn Johnson | ||||||||||
| Officer - Secretary | 0.0 | 50.0 | $0 | $126,908 | $18,097 | Yes (X) | ||||
| Theodore Lotchin | ||||||||||
| VP & Chief Compliance & Privacy Officer | 0.0 | 60.0 | $0 | $386,650 | $42,161 | Yes (X) | ||||
| Thomas Gough | ||||||||||
| EVP & Chief Operating Officer | 0.0 | 60.0 | $0 | $739,860 | $19,281 | Yes (X) | ||||
| Brad Davis | ||||||||||
| Executive Director, Foundation | 0.0 | 45.0 | $0 | $216,570 | $39,875 | Yes (X) | ||||
| Carolyn Knaup | ||||||||||
| SVS - Strategic Ventures & Ambulatory Operations | 0.0 | 65.0 | $0 | $450,572 | $37,268 | Yes (X) | ||||
| Charles Harr | ||||||||||
| Chief Medical Officer, Raleigh | 0.0 | 60.0 | $0 | $499,894 | $20,436 | Yes (X) | ||||
| Christine Craig | ||||||||||
| VP, Governmental Affairs | 0.0 | 55.0 | $0 | $341,387 | $33,624 | Yes (X) | ||||
| Christopher DeRienzo | ||||||||||
| SVP & Chief Quality Officer & CMO | 0.0 | 60.0 | $0 | $693,818 | $41,441 | Yes (X) | ||||
| Cynthia Alness-Boily | ||||||||||
| SVP - Operations & CNO | 0.0 | 60.0 | $0 | $496,137 | $39,148 | Yes (X) | ||||
| Debra Laughery | ||||||||||
| VP, Marketing & Communications | 0.0 | 65.0 | $0 | $347,509 | $18,135 | Yes (X) | ||||
| Gayla Harvey | ||||||||||
| VP, Payor Strategy & Managed Care Contracting | 0.0 | 50.0 | $0 | $362,053 | $23,359 | Yes (X) | ||||
| Harold Lawson (until 8312022) | ||||||||||
| VP, Revenue Cycle | 0.0 | 60.0 | $0 | $379,159 | $43,490 | Yes (X) | ||||
| John Perry | ||||||||||
| VP, Medical Information | 0.0 | 55.0 | $0 | $442,479 | $44,494 | Yes (X) | ||||
| Karen Bash | ||||||||||
| Chief Medical Officer, North | 0.0 | 55.0 | $0 | $389,355 | $33,773 | Yes (X) | ||||
| Peter Marks | ||||||||||
| VP & Chief Information Officer | 0.0 | 60.0 | $0 | $462,609 | $21,921 | Yes (X) | ||||
| Rebecca Andrews | ||||||||||
| SVP & Administrator Raleigh | 0.0 | 68.0 | $0 | $591,031 | $28,598 | Yes (X) | ||||
| Rick Shrum | ||||||||||
| VP & Chief Strategy Officer | 0.0 | 55.0 | $0 | $419,176 | $38,942 | Yes (X) | ||||
| Shondra Brink | ||||||||||
| VP, Wake Physician Practices | 0.0 | 60.0 | $0 | $331,940 | $25,998 | Yes (X) | ||||
| Stephanie Sessoms | ||||||||||
| VP, Finance | 0.0 | 65.0 | $0 | $317,837 | $34,840 | Yes (X) | ||||
| Susan James | ||||||||||
| VP & Chief Legal Officer | 0.0 | 65.0 | $0 | $484,173 | $41,441 | Yes (X) | ||||
| Thomas Cavender | ||||||||||
| VP, Facilities & Construction | 0.0 | 50.0 | $0 | $397,701 | $28,423 | Yes (X) | ||||
| Thomas Hughes | ||||||||||
| Vice President of Operations, Community Hospitals | 0.0 | 57.0 | $0 | $370,596 | $18,414 | Yes (X) | ||||
| Valerie Barlow | ||||||||||
| VP, Clinical & Support Services | 0.0 | 55.0 | $0 | $396,797 | $44,678 | Yes (X) | ||||
| Ashish Patel | ||||||||||
| Physician | 0.0 | 60.0 | $0 | $1,294,676 | $17,400 | Yes (X) | ||||
| Bryon Boulton | ||||||||||
| Physician | 0.0 | 62.0 | $0 | $1,332,706 | $41,744 | Yes (X) | ||||
| Gurvinder Deol | ||||||||||
| Physician | 0.0 | 60.0 | $0 | $1,334,259 | $47,084 | Yes (X) | ||||
| Jonathan Chappell | ||||||||||
| Physician | 0.0 | 60.0 | $0 | $1,035,604 | $34,244 | Yes (X) | ||||
| Judson Williams | ||||||||||
| Physician | 0.0 | 72.0 | $0 | $1,229,575 | $44,121 | Yes (X) | ||||
| Betsy Gaskins-McClaine | ||||||||||
| FORMER VP, HEART & VASCULAR | 0.0 | 65.0 | $0 | $262,208 | $23,317 | Yes (X) | ||||
| Denise Warren (until 123120) | ||||||||||
| FORMER EVP & COO | 0.0 | 0.0 | $0 | $698,329 | $1,418 | Yes (X) | ||||
| Jeanene Martin (until 920) | ||||||||||
| Former SVP, Human Resources | 0.0 | 0.0 | $0 | $196,670 | $15,578 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $20,799,412 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,084,449 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Jani-King | |||||
| 801 Jones Franklin Rd | Raleigh | NC | 27606 | Janitorial Services | $1,428,558 |
| Marlamar Inc dba City Wide Maintenance | |||||
| 7080 NC Hwy 751 | Durham | NC | 27707 | Janitorial Services | $518,396 |
| Greenscape | |||||
| PO Box 745103 | Atlanta | GA | 303745103 | Landscaping Services | $341,595 |
| MG Capital Maintenance | |||||
| PO Box 1370 | Morrisville | NC | 27560 | Janitorial Services | $164,985 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $794,182 | FundraisingAmt |
| All Other Contributions | $1,462,649 | AllOtherContributionsAmt |
| Noncash Contributions | $20,754 | NoncashContributionsAmt |
| Total Contributions | $2,256,831 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RENTAL INCOME | Desc |
| Business | 531112 | BusinessCd |
| Total Revenue Column | $27,293,689 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $27,293,689 | RelatedOrExemptFuncIncomeAmt |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $27,293,689 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,304,427 | TotalRevenueColumnAmt |
| Exclusion | $1,304,427 | ExclusionAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $14,150,735 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $12,758,255 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,392,480 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,392,480 | TotalRevenueColumnAmt |
| Exclusion | $1,392,480 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $18,531 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $794,182 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $56,342 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$37,811 | TotalRevenueColumnAmt |
| Exclusion | -$37,811 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| PROPERTY EASEMENT PAYMENT CITY OF RALEIGH | $9,078 | $9,078 |
| Purchase Discounts | $779 | $779 |
| LOSS IN QTS LAUNDRY | -$125,033 | -$125,033 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $219 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $219 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | -$114,957 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $32,094,659 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $27,178,732 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,659,096 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $352,139 | TotalAmt |
| Program Services | $352,139 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $75,827 | TotalAmt |
| Program Services | $75,827 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,707,057 | TotalAmt |
| Program Services | $938,267 | ProgramServicesAmt |
| Management And General | $302,859 | ManagementAndGeneralAmt |
| Fundraising | $465,931 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $46,955 | TotalAmt |
| Program Services | $7,873 | ProgramServicesAmt |
| Management And General | $13,896 | ManagementAndGeneralAmt |
| Fundraising | $25,186 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $81,217 | TotalAmt |
| Program Services | $14,152 | ProgramServicesAmt |
| Management And General | $23,845 | ManagementAndGeneralAmt |
| Fundraising | $43,220 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $57,270 | TotalAmt |
| Program Services | $10,278 | ProgramServicesAmt |
| Management And General | $16,708 | ManagementAndGeneralAmt |
| Fundraising | $30,284 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,874 | TotalAmt |
| Management And General | $18,874 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $109,235 | TotalAmt |
| Management And General | $109,235 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,211,549 | TotalAmt |
| Program Services | $3,090,761 | ProgramServicesAmt |
| Management And General | $120,788 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,899 | TotalAmt |
| Fundraising | $26,899 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $222,781 | TotalAmt |
| Program Services | $9,247 | ProgramServicesAmt |
| Management And General | $213,534 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $114,428 | TotalAmt |
| Program Services | $6,305 | ProgramServicesAmt |
| Management And General | $108,123 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,880,285 | TotalAmt |
| Program Services | $6,880,285 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,340 | TotalAmt |
| Program Services | $3,141 | ProgramServicesAmt |
| Fundraising | $1,199 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,101 | TotalAmt |
| Management And General | $1,101 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,812,605 | TotalAmt |
| Program Services | $4,812,605 | ProgramServicesAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,410,996 | TotalAmt |
| Program Services | $2,410,996 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,533,583 | TotalAmt |
| Program Services | $16,533,583 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $236,887 | TotalAmt |
| Program Services | $236,887 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| FDN and WPS Repairs & Maintenance | $2,266,767 | $2,266,767 | |
| Bad Debt | $319,298 | $158,278 | $161,020 |
| WPS Other exp | $39,815 | $39,815 | |
| FND and WPS Minor Equipment | $35,928 | $35,928 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $75,327 | TotalAmt |
| Program Services | $75,327 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,641,163 | TotalAmt |
| Program Services | $37,958,461 | ProgramServicesAmt |
| Management And General | $1,089,983 | ManagementAndGeneralAmt |
| Fundraising | $592,719 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,095,622 | BOYAmt |
| EOY | $4,038,654 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $921,776 | BOYAmt |
| EOY | $922,977 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,819,509 | BOYAmt |
| EOY | $4,965,699 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,505,229 | BOYAmt |
| EOY | $41,175,036 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $325,609 | BOYAmt |
| EOY | $2,361,850 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,415,755 | BOYAmt |
| EOY | $1,209,520 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $407,655,978 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $86,252,370 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $227,131,540 | BOYAmt |
| EOY | $321,403,608 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,070,900 | BOYAmt |
| EOY | $31,937,946 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,708,662 | BOYAmt |
| EOY | $4,233,629 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $228,362 | BOYAmt |
| EOY | $218,458 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $319,222,964 | BOYAmt |
| EOY | $412,467,377 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,168,988 | BOYAmt |
| EOY | $9,384,620 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $362,329 | BOYAmt |
| EOY | $244,614 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,636,370 | BOYAmt |
| EOY | $113,992,085 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,167,687 | BOYAmt |
| EOY | $123,621,319 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $272,763,883 | BOYAmt |
| EOY | $256,124,365 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,291,394 | BOYAmt |
| EOY | $32,721,693 | EOYAmt |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $305,055,277 | BOYAmt |
| EOY | $288,846,058 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $319,222,964 | BOYAmt |
| EOY | $412,467,377 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$7,546,504 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$6,866,980 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$1,795,735 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type2 | Yes (X) | SupportingOrgType2Ind |
| Supported Organizations | 1 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp
Supported Organization Name SupportedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WAKEMED | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 566017737 | EIN |
| Organization Type | 3 | OrganizationTypeCd |
| Governing Document Listed | Yes (true) | GoverningDocumentListedInd |
| Support | $0 | SupportAmt |
| Other Support | $0 | OtherSupportAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 1 | SupportedOrganizationsTotalCnt |
| Support Sum | $0 | SupportSumAmt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,954,198 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,495,799 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,847,870 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,436,742 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,256,831 | CurrentTaxYearAmt |
| Total | $13,991,440 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,954,198 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,495,799 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,847,870 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,436,742 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,256,831 | CurrentTaxYearAmt |
| Total | $13,991,440 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $338,857 | SubstantialContributorsTotAmt |
| Public Support Total170 | $13,652,583 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,313,615 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,219,446 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,117,281 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,104,508 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,304,427 | CurrentTaxYearAmt |
| Total | $6,059,277 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $1 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $20,050,718 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $0 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.6809 | PublicSupportCY170Pct |
| Public Support PY170 | 0.6293 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (true) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | false | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | false | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | false | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | false | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | false | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | false | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | false | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | false | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | false | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | false | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | false | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | false | ContributionControllerInd |
| Contribution Family | false | ContributionFamilyInd |
| Contribution35 Controlled | false | Contribution35ControlledInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Majority Dir Trst Supported Org | Yes (true) | MajorityDirTrstSupportedOrgInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule A, Part I PUBLIC CHARITY STATUS OF GROUP RETURN AFFILIATES | WAKE FACULTY PRACTICE PLAN PUBLIC CHARITY STATUS: 509(A)(3) - BOX 12B WAKE 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 |
| Schedule A, Part II, Line 10 Other Income | DESCRIPTION - OTHER INCOME, COLUMN A - 1.0, COLUMN B - , COLUMN C - , COLUMN D - , COLUMN E - , COLUMN F - 1.0; |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,758,605 | BeginningYearBalanceAmt |
| Contributions | $69,525 | ContributionsAmt |
| Investment Earnings Or Losses | -$303,842 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $80,216 | OtherExpendituresAmt |
| End Year Balance | $4,444,072 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,384,089 | BeginningYearBalanceAmt |
| Contributions | $49,637 | ContributionsAmt |
| Investment Earnings Or Losses | $381,557 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $56,678 | OtherExpendituresAmt |
| End Year Balance | $4,758,605 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,415,426 | BeginningYearBalanceAmt |
| Contributions | $1,924,338 | ContributionsAmt |
| Investment Earnings Or Losses | $132,158 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $87,833 | OtherExpendituresAmt |
| End Year Balance | $4,384,089 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,386,885 | BeginningYearBalanceAmt |
| Contributions | $15,274 | ContributionsAmt |
| Investment Earnings Or Losses | $90,035 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $76,768 | OtherExpendituresAmt |
| End Year Balance | $2,415,426 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,343,091 | BeginningYearBalanceAmt |
| Contributions | $27,194 | ContributionsAmt |
| Investment Earnings Or Losses | $100,748 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $84,148 | OtherExpendituresAmt |
| End Year Balance | $2,386,885 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.02 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.98 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.0 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $48,390,320 | OtherCostOrOtherBasisAmt |
| Book Value | $48,390,320 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $214,916,663 | OtherCostOrOtherBasisAmt |
| Depreciation | $60,025,528 | DepreciationAmt |
| Book Value | $154,891,135 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $21,129,268 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,926,797 | DepreciationAmt |
| Book Value | $18,202,471 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,206,090 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,388,148 | DepreciationAmt |
| Book Value | $2,817,942 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $118,013,637 | OtherCostOrOtherBasisAmt |
| Depreciation | $20,911,897 | DepreciationAmt |
| Book Value | $97,101,740 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $321,403,608 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| DEFERRED LANDLORD INCENTIVES | $367,044 |
| CHARITABLE GIFT ANNUITY | $26,503 |
| Long Term Capital Lease Payable | $111,376,944 |
| Deferred Lease Inflow | $2,221,594 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $113,992,085 | TotalLiabilityAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule D, Part V, Line 4 Intended uses of endowment funds | FormAndLineReferenceDesc |
| Explanation | 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. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | WMG & Other Events | Event1Nm |
| Gross Receipts Event1 | $794,182 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $794,182 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $0 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $29,524 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $1,100 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $3,174 | OtherDirectExpensesEvent1Amt |
| Event2 | Cheers 4 Children | Event2Nm |
| Gross Receipts Event2 | $18,531 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $18,531 | GrossRevenueEvent2Amt |
| Food And Beverage Event2 | $11,220 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $11,324 | OtherDirectExpensesEvent2Amt |
| Gross Revenue Other Events | $0 | GrossRevenueOtherEventsAmt |
| Gross Receipts Total | $812,713 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $794,182 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $18,531 | GrossRevenueTotalEventsAmt |
| Food And Beverage Total Events | $40,744 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $1,100 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $14,498 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $56,342 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$37,811 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| Safe Child | |||||||
| 864 West Morgan Street | Raleigh | NC | 27603 | 561817816 | 501(C)(3) | $50,000 | Children's Medical Evaluations |
| MeFine Foundation | |||||||
| 5100 US HWY 70 E | Princeton | NC | 27569 | 201819368 | 501(C)(3) | $15,000 | Support of Patient Families |
| Wake Emergency Physicians PA | |||||||
| 570 New Waverly Place | Cary | NC | 27518 | 561763695 | $10,229 | Well-Being Initiatives | |
| WakeMed | |||||||
| 3000 New Bern Ave | Raleigh | NC | 276101215 | 566017737 | 501(C)(3) | $277,090 | General Support |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 3 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Educational Scholarships | GrantTypeTxt |
| Recipient | 11 | RecipientCnt |
| Cash Grant | $75,827 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule I, Part III EDUCATIONAL SCHOLARSHIPS | 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 HELTON ENDOWMENT SCHOLARSHIP COMMITTEE. ALL UNSPENT FUNDS ARE RETURNED TO THE HELTON FUND AT THE WAKEMED FOUNDATION. THE RECIPIENT 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 STUDENT MUST MAINTAIN A 2.5 GPA. THE RECIPIENT MUST SUBMIT PROOF OF STUDY COMPLETION (TRANSCRIPTS, FINAL GRADES, ETC.) TO THE HELTON ENDOWMENT 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. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (34 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Seth Brody | ||||||||||||||
| SVP, Physician Services | $0 | $498,321 | $0 | $167,106 | $0 | $2,298 | $0 | $17,400 | $0 | $0 | $0 | $685,125 | $0 | $0 |
| Rasheeda Monroe | ||||||||||||||
| BOD, WM FDN, MED DIR, PEDS PC | $0 | $270,691 | $0 | $16,674 | $0 | $4,452 | $0 | $17,400 | $0 | $0 | $0 | $309,217 | $0 | $0 |
| Rick Carrico | ||||||||||||||
| EVP & Chief Financial Officer | $0 | $586,370 | $0 | $199,326 | $0 | $27,633 | $0 | $17,400 | $0 | $29,684 | $0 | $860,413 | $0 | $0 |
| Donald Gintzig | ||||||||||||||
| President & CEO | $0 | $1,172,452 | $0 | $765,064 | $0 | $60,787 | $0 | $17,400 | $0 | $22,422 | $0 | $2,038,125 | $0 | $0 |
| Thomas Gough | ||||||||||||||
| EVP & Chief Operating Officer | $0 | $587,286 | $0 | $134,452 | $0 | $18,122 | $0 | $17,400 | $0 | $1,881 | $0 | $759,141 | $0 | $0 |
| Theodore Lotchin | ||||||||||||||
| VP & Chief Compliance & Privacy Officer | $0 | $325,279 | $0 | $60,858 | $0 | $513 | $0 | $17,400 | $0 | $24,761 | $0 | $428,811 | $0 | $0 |
| Cynthia Alness-Boily | ||||||||||||||
| SVP - Operations & CNO | $0 | $379,310 | $0 | $90,377 | $0 | $26,450 | $0 | $17,400 | $0 | $21,748 | $0 | $535,285 | $0 | $0 |
| Rebecca Andrews | ||||||||||||||
| SVP & Administrator Raleigh | $0 | $450,367 | $0 | $114,174 | $0 | $26,490 | $0 | $17,400 | $0 | $11,198 | $0 | $619,629 | $0 | $0 |
| Valerie Barlow | ||||||||||||||
| VP, Clinical & Support Services | $0 | $323,577 | $0 | $71,509 | $0 | $1,711 | $0 | $17,400 | $0 | $27,278 | $0 | $441,475 | $0 | $0 |
| Karen Bash | ||||||||||||||
| Chief Medical Officer, North | $0 | $342,124 | $0 | $45,009 | $0 | $2,222 | $0 | $17,400 | $0 | $16,373 | $0 | $423,128 | $0 | $0 |
| Shondra Brink | ||||||||||||||
| VP, Wake Physician Practices | $0 | $265,537 | $0 | $62,560 | $0 | $3,843 | $0 | $16,733 | $0 | $9,265 | $0 | $357,938 | $0 | $0 |
| Thomas Cavender | ||||||||||||||
| VP, Facilities & Construction | $0 | $307,491 | $0 | $56,614 | $0 | $33,596 | $0 | $17,400 | $0 | $11,023 | $0 | $426,124 | $0 | $0 |
| Christine Craig | ||||||||||||||
| VP, Governmental Affairs | $0 | $274,785 | $0 | $50,822 | $0 | $15,780 | $0 | $17,400 | $0 | $16,224 | $0 | $375,011 | $0 | $0 |
| Brad Davis | ||||||||||||||
| Executive Director, Foundation | $0 | $187,835 | $0 | $26,144 | $0 | $2,591 | $0 | $13,443 | $0 | $26,432 | $0 | $256,445 | $0 | $0 |
| Christopher DeRienzo | ||||||||||||||
| SVP & Chief Quality Officer & CMO | $0 | $559,305 | $0 | $133,893 | $0 | $620 | $0 | $17,400 | $0 | $24,041 | $0 | $735,259 | $0 | $0 |
| Charles Harr | ||||||||||||||
| Chief Medical Officer, Raleigh | $0 | $420,541 | $0 | $73,653 | $0 | $5,700 | $0 | $17,400 | $0 | $3,036 | $0 | $520,330 | $0 | $0 |
| Gayla Harvey | ||||||||||||||
| VP, Payor Strategy & Managed Care Contracting | $0 | $282,998 | $0 | $19,655 | $0 | $59,400 | $0 | $15,573 | $0 | $7,786 | $0 | $385,412 | $0 | $0 |
| Thomas Hughes | ||||||||||||||
| Vice President of Operations, Community Hospitals | $0 | $304,569 | $0 | $64,706 | $0 | $1,321 | $0 | $15,411 | $0 | $3,003 | $0 | $389,010 | $0 | $0 |
| Susan James | ||||||||||||||
| VP & Chief Legal Officer | $0 | $407,655 | $0 | $75,510 | $0 | $1,008 | $0 | $17,400 | $0 | $24,041 | $0 | $525,614 | $0 | $0 |
| Carolyn Knaup | ||||||||||||||
| SVS - Strategic Ventures & Ambulatory Operations | $0 | $350,686 | $0 | $82,931 | $0 | $16,955 | $0 | $17,400 | $0 | $19,868 | $0 | $487,840 | $0 | $0 |
| Debra Laughery | ||||||||||||||
| VP, Marketing & Communications | $0 | $277,572 | $0 | $50,556 | $0 | $19,381 | $0 | $17,400 | $0 | $735 | $0 | $365,644 | $0 | $0 |
| Harold Lawson (until 8312022) | ||||||||||||||
| VP, Revenue Cycle | $0 | $311,876 | $0 | $31,093 | $0 | $36,190 | $0 | $17,400 | $0 | $26,090 | $0 | $422,649 | $0 | $0 |
| Peter Marks | ||||||||||||||
| VP & Chief Information Officer | $0 | $371,944 | $0 | $68,462 | $0 | $22,203 | $0 | $17,400 | $0 | $4,521 | $0 | $484,530 | $0 | $0 |
| John Perry | ||||||||||||||
| VP, Medical Information | $0 | $355,390 | $0 | $85,457 | $0 | $1,632 | $0 | $17,400 | $0 | $27,094 | $0 | $486,973 | $0 | $0 |
| Stephanie Sessoms | ||||||||||||||
| VP, Finance | $0 | $266,840 | $0 | $49,842 | $0 | $1,155 | $0 | $15,168 | $0 | $19,672 | $0 | $352,677 | $0 | $0 |
| Rick Shrum | ||||||||||||||
| VP & Chief Strategy Officer | $0 | $349,056 | $0 | $64,866 | $0 | $5,254 | $0 | $17,400 | $0 | $21,542 | $0 | $458,118 | $0 | $0 |
| Bryon Boulton | ||||||||||||||
| Physician | $0 | $1,064,942 | $0 | $255,952 | $0 | $11,812 | $0 | $17,400 | $0 | $24,344 | $0 | $1,374,450 | $0 | $0 |
| Jonathan Chappell | ||||||||||||||
| Physician | $0 | $623,435 | $0 | $403,153 | $0 | $9,016 | $0 | $8,700 | $0 | $25,544 | $0 | $1,069,848 | $0 | $0 |
| Gurvinder Deol | ||||||||||||||
| Physician | $0 | $862,566 | $0 | $457,551 | $0 | $14,142 | $0 | $17,400 | $0 | $29,684 | $0 | $1,381,343 | $0 | $0 |
| Ashish Patel | ||||||||||||||
| Physician | $0 | $577,990 | $0 | $698,566 | $0 | $18,120 | $0 | $17,400 | $0 | $0 | $0 | $1,312,076 | $0 | $0 |
| Judson Williams | ||||||||||||||
| Physician | $0 | $931,602 | $0 | $263,039 | $0 | $34,934 | $0 | $17,400 | $0 | $26,721 | $0 | $1,273,696 | $0 | $0 |
| Betsy Gaskins-McClaine | ||||||||||||||
| FORMER VP, HEART & VASCULAR | $0 | $219,212 | $0 | $30,609 | $0 | $12,387 | $0 | $14,862 | $0 | $8,455 | $0 | $285,525 | $0 | $0 |
| Jeanene Martin (until 920) | ||||||||||||||
| Former SVP, Human Resources | $0 | $119,259 | $0 | $64,500 | $0 | $12,911 | $0 | $8,521 | $0 | $7,057 | $0 | $212,248 | $0 | $0 |
| Denise Warren (until 123120) | ||||||||||||||
| FORMER EVP & COO | $0 | $22,845 | $0 | $37,725 | $0 | $637,759 | $0 | $1,418 | $0 | $0 | $0 | $699,747 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation | 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 Non-fixed payments | THE ORGANIZATION HAS INCENTIVE-BASED PROGRAMS THAT ARE DRIVEN BY ACCOMPLISHING TARGETS ASSOCIATEED WITH QUALITY OF CARE AND FINANCIAL MEASURES. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 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 VIII, Line 11d Other Miscellaneous Revenue | ALL OTHER REVENUE - Total Revenue: 219, Related or Exempt Function Revenue: 219, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; |
| Form 990, Part XI, Line 9 Other changes in net assets or fund balances | Transfers Between Affiliate - 325787; Intercompany Cash Transfers - 1110945; Transfer of Fixed Assets - -1177138; Change in Fund Balance - -6341; GASB 87 Adoption - -2048992; Rounding - 4; |
| FORM 990, BOX C | Also Doing Business As: Wake County Hospital System Medical Education Foundation Wake Medical Center Foundation |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WAKEMED | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3000 NEW BERN AVENUE | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27610 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 566017737 | EIN |
| Primary Activities | HOSPITAL | PrimaryActivitiesTxt |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | 3 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | false | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | QUALITY TEXTILE SERVICES | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 313 SOUTH ROGERS LANE | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27610 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 561943802 | EIN |
| Primary Activities | TEXTILE SERVICES | PrimaryActivitiesTxt |
| Legal Domicile State | NC | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C Corporation | EntityTypeTxt |
| Share Of Total Income | -$125,033 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $4,233,629 | ShareOfEOYAssetsAmt |
| Ownership | 0.5 | OwnershipPct |
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (true) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (true) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (true) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (6 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| Wakemed | ||
| B | $2,410,996 | FMV |
| Wakemed | ||
| J | $8,067,569 | FMV |
| Wakemed | ||
| K | $1,100,800 | FMV |
| Wakemed | ||
| P | $1,374,367 | FMV |
| Wakemed | ||
| B | $276,910 | FMV |
| Wakemed | ||
| S | $26,078,105 | FMV |