2025-02-13T09:54:17-06:00 2023-09-30 410746749 CLIFTONLARSONALLEN LLP 227 WEST TRADE STREET SUITE 800 CHARLOTTE NC 28202 990 2022-10-01 201929953 HARNETT HEALTH SYSTEM FOUNDATION HARN 9108911000 800 TILGHMAN DRIVE DUNN NC 28334 BRET JOHNSON CFO 9108911000 2025-02-06 1 0 JOHN NORMAN P01506766 7049985200 2025-02-05 2022 2025-03-06 01:10:19Z GENE LEWIS 800 TILGHMAN DRIVE DUNN NC 28334 775764 0 X WWW.MYHARNETTHEALTH.ORG/ABOUTFOUNDATION/ X 2004 NC THE FOUNDATION'S PURPOSE IS TO SUPPLEMENT, ENHANCE AND ENRICH THE FACILITIES PROGRAMS AND SERVICES PROVIDED BY HARNETT HEALTH SYSTEM, INC. 15 14 0 0 0 0 135549 196284 0 0 68734 -11173 0 0 204283 185111 34572 1117 0 0 25000 0 0 0 0 12245 17780 71817 18897 132466 166214 1082013 1351199 45871 17040 1036142 1334159 THE FOUNDATION'S PURPOSE IS TO SUPPLEMENT, ENHANCE, AND ENRICH THE FACILITIIES PROGRAMS AND SERVICES PROVIDED BY HARNETT HEALTH SYSTEM, INC. 0 0 18897 1117 HARNETT HEALTH FOUNDATION'S MISSION IS TO RAISE AWARENESS, INSPIRE ENGAGEMENT, AND INVESTMENT IN LOCAL HEALTH CARE TO IMPROVE THE QUALITY OF LIFE OF OUR FAMILIES AND NEIGHBORS. THEY ARE ADVANCING HEALTHCARE & CONTRIBUTING TO A THRIVING COMMUNITY THROUGH COMMUNITY ENGAGEMENT, NEEDED DEVELOPMENT IN HARNETT HEALTH FACILITIES AND STATE-OF-THE-ART EQUIPMENT. 18897 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 15 14 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NC X SAMANTHA NISHNICK 9108921000 800 TILGHMAN DRIVE DUNN NC 28334 GENE LEWIS CHAIR 4.00 X X 0 0 0 CHRIS STEWART DIRECTOR 1.00 X 0 0 0 JOHN WILBOURNE DIRECTOR 1.00 X 0 0 0 BO JONES DIRECTOR 1.00 X 0 0 0 CHRIS ZINKHAN DIRECTOR 1.00 X 0 0 0 DAVID STEPHENS DIRECTOR 1.00 X 0 0 0 GLEN MCFADDEN DIRECTOR 1.00 X 0 0 0 APRIL POPE DIRECTOR 1.00 X 0 0 0 TRIPP WOMBLE DIRECTOR 1.00 X 0 0 0 ANN MILTON DIRECTOR 1.00 X 0 0 0 JOE LANGLEY DIRECTOR 1.00 X 0 0 0 LORI LANGDON DIRECTOR 1.00 X 0 0 0 ASHLYN THOMPSON VICE CHAIR 4.00 X X 0 0 0 OLALEKAN FOLARIN MD SECRETARY 4.00 X X 0 0 0 BRAD HEATH TREASURER 4.00 X X 0 0 0 MICHAEL NAGOWSKI CEO 1.00 55.00 X 0 1885915 20236 BRET JOHNSON CFO - CFVH 1.00 55.00 X 0 642246 18538 SABRINA BROOKS VP 15.00 40.00 X 0 129821 8517 CORY HESS VP 1.00 55.00 X 0 384492 18115 JESSICA LANG CFO - HARNETT 1.00 55.00 X 0 198723 10542 OLAKEKAN FOLARIN MEDICAL DIRECTOR 1.00 55.00 X 0 235055 14146 DANIEL WEATHERLY COO 1.00 55.00 X 0 725131 19921 DEBORAH MASHBURN CNO 1.00 55.00 X 0 389056 18544 PHILIP WOOD JR CIO 1.00 55.00 X 0 526305 18356 0 5116744 146915 0 0 1 0 0 196284 196284 15542 15542 563938 590653 -26715 -26715 -26715 185111 0 0 -11173 X 1117 1117 4529 4529 8893 8893 4358 4358 18897 18897 0 0 160223 145464 921790 1205735 1082013 1351199 45871 17040 45871 17040 X 1036142 1334159 1036142 1334159 1082013 1351199 166214 131803 0 X 0 1 X 1 0 X 106820 62243 61109 135549 196284 562005 106820 62243 61109 135549 196284 562005 238618 323387 17667 13171 13342 19093 15542 78815 640820 0.50460 0.85570 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 INVESTMENTS HELD TO MATURITY 1205735 C 1205735 X PART X, LINE 2: THE SYSTEM IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THE ACCOMPANYING COMBINED FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES. THE SYSTEM HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF SEPTEMBER 30, 2023. 1 PART I, LINE 2: GRANT PROPOSALS ARE PRESENTED TO THE BOARD AND MUST BE APPROVED. THE DIRECTOR OF THE FOUNDATION TRACKS THE USE OF GRANT FUNDS. 0 0 0 0 0 0 0 0 0 MICHAEL NAGOWSKI CEO 0 1069997 0 814230 0 1688 0 9150 0 11086 0 1906151 0 0 DANIEL WEATHERLY COO 0 617616 0 107515 0 0 0 9150 0 10771 0 745052 0 0 BRET JOHNSON CFO - CFVH 0 550603 0 83417 0 8226 0 9150 0 9388 0 660784 0 0 PHILIP WOOD JR CIO 0 391045 0 129285 0 5975 0 9150 0 9206 0 544661 0 0 DEBORAH MASHBURN CNO 0 337468 0 48892 0 2696 0 9150 0 9394 0 407600 0 0 CORY HESS VP 0 342022 0 42470 0 0 0 9150 0 8965 0 402607 0 0 OLAKEKAN FOLARIN MEDICAL DIRECTOR 0 169792 0 0 0 65263 0 6090 0 8056 0 249201 0 0 JESSICA LANG CFO - HARNETT 0 155355 0 41310 0 2058 0 4661 0 5881 0 209265 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL BE COMPOSED OF THE CHAIRPERSON, THE VICE CHAIRPERSON, THE SECRETARY AND THE TREASUER. THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE THE AUTHORITY OF THE BOARD IN THE MANAGEMENT OF THE ORGANIZATION TO THE EXTENT PERMITTED BY LAW DURING THE INTERVALS BETWEEN MEETINGS OF THE BOARD. ALL ACTIONS TAKEN BY THE EXECUTIVE COMMITTEE SHALL BE REPORTED TO THE BOARD. FORM 990, PART VI, SECTION A, LINE 4 THE FOLLOWING SUMMARIZES CHANGES TO THE BYLAWS THAT THE ORGANIZATION CONSIDERS SIGNIFICANT: 1. ARTICLE 4.2 PROVIDES THAT THE NUMBER OF BOARD DIRECTORS SHALL BE NO LESS THAN 11 NOR MORE THAN 23, AS DETERMINED BY THE MEMBER OF THE ORGANIZATION. 2. ARTICLE 8.4 STATES THAT CHECKS THAT ARE FOR LESS THAN $50,000 MUST BE SIGNED BY EITHER THE EXECUTIVE DIRECTOR OR TREASURER, BUT CHECKS OF MORE THAN $50,000 REQUIRE THE SIGNATURE OF BOTH PERSONS. 3. EXHIBIT A OF THE BYLAWS REQUIRES PRIOR WRITTEN APPROVAL OF THE MEMBER FOR OPERATING AND/OR CAPITAL EXPENDITURES, IN AN APPROVED BUDGET, OF MORE THAN $10,000. FORM 990, PART VI, SECTION B, LINE 11B PRINTED COPIES ARE MADE AVAILABLE TO THE BOARD OF TRUSTEES AT THE ADMINISTRATIVE OFFICE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY THE LEADERSHIP OF THE BOARD OF TRUSTEES (THROUGHOUT THE YEAR IF NEEDED) AND ADMINISTERED TO ALL VOTING BOARD MEMBERS FORM 990, PART VI, SECTION C, LINE 18 PHOTOCOPIES OF THE RECENT FILINGS OF THE FORM 990 ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S ADMINISTRATIVE OFFICE. IN ADDITION, RECENT FILINGS OF THE FORM 990 ARE AVAILABLE ONLINE AT WWW.GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 PHOTOCOPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S ADMINISTRATIVE OFFICE. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 4,529. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,529. HARNETT HEALTH SYSTEM INC 800 TILGHMAN DRIVE DUNN NC 28334 560603898 HOSPITAL NC 501(C)(3) LINE 3 N/A 0 CUMBERLAND COUNTY HOSPITAL INC PO BOX 2000 FAYETTEVILLE NC 28302 560845796 HOSPITAL NC 501(C)(3) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 HARNETT HEALTH SYSTEM INC P 1117 FOUNDATION BOARD APPROVED