WAKE FOREST UNIVERSITY HEALTH SCIENCES: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- WAKE FOREST UNIVERSITY HEALTH SCIENCES (EIN 22-3849199)
- Tax period
- 2021-07-01 to 2021-12-31
- Filed
- 2022-11-14
- IRS object ID
- 202213189349301751
- 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 C
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-14T07:27:47-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 135565207 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 W 5TH ST SUITE 800 | AddressLine1Txt |
| City | WINSTON SALEM | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27101 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 223849199 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WAKE FOREST UNIVERSITY HEALTH SCIENCES | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WAKE | BusinessNameControlTxt |
| Phone | 3367164445 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | MEDICAL CENTER BOULEVARD | AddressLine1Txt |
| City | WINSTONSALEM | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27157 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEPHAN LILLIE | PersonNm |
| Person Title | SVP-CFO | PersonTitleTxt |
| Phone | 3367164445 | PhoneNum |
| Signature | 2022-11-15 | SignatureDt |
| Discuss With Paid Preparer | 0 | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | STEPHAN | PersonFirstNm |
| Person Last | LILLIE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SHAWN HUTCHINSON | PreparerPersonNm |
| PTIN | P01048557 | PTIN |
| Phone | 3362753394 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JULIE ANN FREISCHLAG MD | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | MEDICAL CENTER BOULEVARD | AddressLine1Txt |
| City | WINSTONSALEM | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27157 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $629,873,275 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.WAKEHEALTH.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2001 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | TO IMPROVE HEALTH, ELEVATE HOPE AND ADVANCE HEALING FOR ALL. | ActivityOrMissionDesc |
| Voting Members Governing Body | 16 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 14 | VotingMembersIndependentCnt |
| Total Employee | 2133 | TotalEmployeeCnt |
| Total Volunteers | 570 | TotalVolunteersCnt |
| Total Gross UBI | $139,062 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $407,745,278 | PYContributionsGrantsAmt |
| CY Contributions Grants | $130,329,303 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $887,521,813 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $453,785,871 | CYProgramServiceRevenueAmt |
| PY Investment Income | $46,665,189 | PYInvestmentIncomeAmt |
| CY Investment Income | $44,524,179 | CYInvestmentIncomeAmt |
| PY Other Revenue | $3,507,926 | PYOtherRevenueAmt |
| CY Other Revenue | $1,188,021 | CYOtherRevenueAmt |
| PY Total Revenue | $1,345,440,206 | PYTotalRevenueAmt |
| CY Total Revenue | $629,827,374 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $60,152,761 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $27,295,413 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $837,518,067 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $442,455,761 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $66,227 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $6,047 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $276,751 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $295,374,317 | PYOtherExpensesAmt |
| CY Other Expenses | $163,775,389 | CYOtherExpensesAmt |
| PY Total Expenses | $1,193,111,372 | PYTotalExpensesAmt |
| CY Total Expenses | $633,532,610 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $152,328,834 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$3,705,236 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,049,073,606 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,063,609,787 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,118,150,525 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,120,675,433 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $930,923,081 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $942,934,354 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O FOR CONTINUATIONWAKE FOREST UNIVERSITY HEALTH SCIENCES (AT TIMES ALSO REFERRED TO AS "WAKE FOREST UNIVERSITY SCHOOL OF MEDICINE", "WFUHS OR "THE FILING ORGANIZATION") IS AN INTEGRAL PART OF ATRIUM HEALTH WAKE FOREST BAPTIST (AT TIMES ALSO REFERRED TO AS "AHWFB"), A PREEMINENT LEARNING HEALTH SYSTEM AND ACADEMIC MEDICAL CENTER OF THE HIGHEST QUALITY WITH BALANCED EXCELLENCE IN PATIENT CARE, RESEARCH AND EDUCATION THAT PROMOTES BETTER HEALTH FOR ALL THROUGH COLLABORATION, EXCELLENCE AND INNOVATION. AHWFB'S MISSION IS TO IMPROVE HEALTH, ELEVATE HOPE AND ADVANCE HEALING - FOR ALL AND ITS VISION IS TO BE THE FIRST AND BEST CHOICE FOR CARE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $97,391,453 | ExpenseAmt |
| Grant | $12,435,029 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | MEDICAL RESEARCH, GENERAL/OTHER: RESEARCH COMPRISED OF BASIC SCIENCE CLINICAL RESEARCH AND POPULATION BASED STUDIES AND IS CENTERED ON THE ACQUISITION AND ADVANCEMENT OF SCIENTIFIC KNOWLEDGE AND NEW TECHNOLOGY AND THEIR TRANSFER TO INDUSTRY AND THE PATIENT IN ORDER TO PREVENT AND TREAT DISEASE AND PROMOTE HEALTH (734 GRANTS). | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $420,778,372 | ExpenseAmt |
| Grant | $63,144 | GrantAmt |
| Revenue | $421,596,985 | RevenueAmt |
| Desc | PATIENT CARE AND MEDICAL EXPENSES IN PROVIDING SERVICES TO APPROXIMATELY 965,000 PATIENT ENCOUNTERS DURING THE SHORT TAX YEAR. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $80,507,553 | ExpenseAmt |
| Grant | $14,797,240 | GrantAmt |
| Revenue | $32,373,147 | RevenueAmt |
| Desc | PROFESSIONAL EDUCATION: INSTRUCTION OF 2,006 MEDICAL, GRADUATE, PHYSICIAN ASSISTANT, CRNA, AND BIOMEDICAL ENGINEERING STUDENTS. SCHOLARSHIPS AND AID PROVIDED TO 1,392 STUDENTS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $598,677,378 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (1) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 1025 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 2133 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (1) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 16 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 14 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (1) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (1) | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERIN KOEWING | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3367164445 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | MEDICAL CENTER BOULEVARD | AddressLine1Txt |
| City | WINSTON SALEM | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27157 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (33 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 | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| A DALE JENKINS | |||||||||
| DIRECTOR | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ADELAIDE A SINK | |||||||||
| DIRECTOR | 2.00 | 4.00 | Yes (X) | $0 | $0 | $0 | |||
| ANN S HANES | |||||||||
| DIRECTOR | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| BRENDA CLINE | |||||||||
| DIRECTOR (FR 7/1/21) | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CATHY WALL THOMAS MD | |||||||||
| DIRECTOR | 2.00 | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| DONALD E FLOW | |||||||||
| VICE CHAIR | 3.00 | 8.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| DONNA A BOSWELL PHD | |||||||||
| DIRECTOR | 2.00 | 9.00 | Yes (X) | $0 | $0 | $0 | |||
| ERIC EUBANK | |||||||||
| DIRECTOR | 2.00 | 4.00 | Yes (X) | $0 | $0 | $0 | |||
| JAMES R HELVEY III | |||||||||
| DIRECTOR | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JANICE STORY | |||||||||
| DIRECTOR (FR 7/1/21) | 2.00 | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN M VANN | |||||||||
| CHAIR | 4.00 | 8.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| JULIE ANN FREISCHLAG MD | |||||||||
| DIRECTOR, CEO, DEAN | 15.70 | 24.30 | Yes (X) | $3,375,350 | $0 | $555,809 | Yes (X) | ||
| MATTHEW A KING | |||||||||
| DIRECTOR | 2.00 | 10.00 | Yes (X) | $0 | $0 | $0 | |||
| MATTHEW CRAWFORD | |||||||||
| DIRECTOR | 2.00 | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| PETE CARLSON | |||||||||
| DIRECTOR (FR 7/1/21) | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SUSAN R WENTE PHD | |||||||||
| DIRECTOR, PRES WFU (FR 7/1/21) | 3.00 | 37.00 | Yes (X) | $0 | $692,191 | $156,642 | Yes (X) | ||
| ANITA M CONRAD | |||||||||
| ASST SECRETARY | 12.00 | 28.00 | $0 | $205,155 | $42,128 | Yes (X) | |||
| BRADLEY A CLARK | |||||||||
| EVP, TREASURER | 1.00 | 39.00 | $973,825 | $808,843 | $104,554 | Yes (X) | |||
| J REID MORGAN | |||||||||
| GEN COUNSEL & SEC | 8.00 | 32.00 | $0 | $1,218,034 | $102,296 | Yes (X) | |||
| KAREN H HUEY | |||||||||
| VP, FACILITIES (TO 9/30/21) | 3.80 | 36.20 | $0 | $603,513 | $54,997 | Yes (X) | |||
| KEVIN P HIGH MD | |||||||||
| PRES, HEALTH SYSTEM | 5.80 | 34.20 | $1,442,392 | $0 | $263,970 | Yes (X) | |||
| LISA M MARSHALL | |||||||||
| VP, CH PHIL OFF | 10.50 | 29.50 | $0 | $476,033 | $108,223 | Yes (X) | |||
| STEPHAN L LILLIE | |||||||||
| SVP, CFO (FR 9/22/21) | 9.70 | 30.30 | $0 | $355,058 | $43,019 | Yes (X) | |||
| TERRY G WILLIAMS | |||||||||
| EVP, CH STRATEGY OFF | 1.00 | 39.00 | $862,336 | $723,232 | $129,736 | Yes (X) | |||
| TERRY L HALES JR | |||||||||
| ASST TREASURER | 35.20 | 4.80 | $775,775 | $0 | $153,934 | Yes (X) | |||
| WILLIAM D SHOWALTER | |||||||||
| SVP, CH INFO OFF | 5.00 | 35.00 | $0 | $1,025,216 | $139,112 | Yes (X) | |||
| ANTHONY ATALA MD | |||||||||
| DEPARTMENT CHAIR | 39.50 | 0.50 | $1,226,451 | $0 | $222,669 | Yes (X) | |||
| CHARLES BRANCH MD | |||||||||
| EVP, HLTH SYS AFFR | 38.00 | 2.00 | $1,339,095 | $0 | $45,294 | Yes (X) | |||
| EDWARD H KINCAID MD | |||||||||
| DEPARTMENT CHAIR | 40.00 | 0.00 | $1,411,470 | $0 | $48,520 | Yes (X) | |||
| KENNETH LENNON MD | |||||||||
| CLIN ADJ FACULTY | 40.00 | 0.00 | $0 | $1,494,046 | $44,960 | Yes (X) | |||
| L ANDREW KOMAN MD | |||||||||
| DEPARTMENT CHAIR | 38.00 | 2.00 | $1,238,220 | $0 | $45,316 | Yes (X) | |||
| NATHAN O HATCH PHD | |||||||||
| FORMER DIR/OFF (TO 6/30/21) | 0.00 | 0.00 | $0 | $1,893,057 | $67,467 | Yes (X) | |||
| JOHN D MCCONNELL MD | |||||||||
| FORMER OFF (4/26/17) | 0.00 | 40.00 | $456,795 | $0 | $45,242 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $13,101,709 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $9,494,378 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $2,373,888 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1249 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | Yes (1) | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| FRANK L BLUM CONSTRUCTION COMPANY | |||||
| PO BOX 4153 | WINSTONSALEM | NC | 27115 | CONSTRUCTION CONTRACT SERVICES | $9,822,921 |
| NTHRIVE REVENUE SYSTEMS LLC | |||||
| 200 NORTH POINT CENTER EAST SUITE | ALPHARETTA | GA | 30022 | CODING, BILLING & COLLECTION SERVICES | $8,086,099 |
| HKS INC | |||||
| PO BOX 731121 | DALLAS | TX | 75373 | ARCHITECTURAL SERVICES | $3,666,595 |
| CASSIDY TURLEY FIDUCIARY INC | |||||
| 525 VINE STREET 156 | WINSTONSALEM | NC | 27101 | REAL ESTATE CONSULTING SERVICES | $2,770,105 |
| BRIGHT HORIZONS | |||||
| PO BOX 278878 | ATLANTA | GA | 30384 | CHILD CARE SERVICES | $2,019,666 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 88 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $405,407 | FundraisingAmt |
| Related Organizations | $10,830,983 | RelatedOrganizationsAmt |
| Government Grants | $99,351,637 | GovernmentGrantsAmt |
| All Other Contributions | $19,741,276 | AllOtherContributionsAmt |
| Noncash Contributions | $165,049 | NoncashContributionsAmt |
| Total Contributions | $130,329,303 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| PATIENT SERVICE REVENUE | 621111 | $421,412,724 | $421,412,724 |
| TUITION REVENUE | 611310 | $32,373,147 | $32,373,147 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $453,785,871 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $23,859,718 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $11,707 | UnrelatedBusinessRevenueAmt |
| Exclusion | $23,848,011 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $346,972 | TotalRevenueColumnAmt |
| Exclusion | $346,972 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $485,301 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $485,301 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $485,301 | TotalRevenueColumnAmt |
| Exclusion | $485,301 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $20,317,173 | SecuritiesAmt |
| Other | $347,288 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $20,317,173 | SecuritiesAmt |
| Other | $347,288 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $20,664,461 | TotalRevenueColumnAmt |
| Exclusion | $20,664,461 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $405,407 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $45,901 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$45,901 | TotalRevenueColumnAmt |
| Exclusion | -$45,901 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| OTHER REVENUE | 900099 | $311,616 | $184,261 | $127,355 | |
| PARKING REVENUE | 812930 | $90,033 | $90,033 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $401,649 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $629,827,374 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $453,970,132 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $139,062 | UnrelatedBusinessRevenueAmt |
| Exclusion | $45,388,877 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,418,433 | TotalAmt |
| Program Services | $14,418,433 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,803,196 | TotalAmt |
| Program Services | $12,803,196 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $73,784 | TotalAmt |
| Program Services | $73,784 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,870,594 | TotalAmt |
| Program Services | $6,422,426 | ProgramServicesAmt |
| Management And General | $6,435,297 | ManagementAndGeneralAmt |
| Fundraising | $12,871 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $348,829,103 | TotalAmt |
| Program Services | $336,475,998 | ProgramServicesAmt |
| Management And General | $12,238,962 | ManagementAndGeneralAmt |
| Fundraising | $114,143 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,122,138 | TotalAmt |
| Program Services | $21,323,842 | ProgramServicesAmt |
| Management And General | $776,174 | ManagementAndGeneralAmt |
| Fundraising | $22,122 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,896,330 | TotalAmt |
| Program Services | $37,494,134 | ProgramServicesAmt |
| Management And General | $1,363,339 | ManagementAndGeneralAmt |
| Fundraising | $38,857 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,737,596 | TotalAmt |
| Program Services | $19,025,348 | ProgramServicesAmt |
| Management And General | $692,510 | ManagementAndGeneralAmt |
| Fundraising | $19,738 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,297,132 | TotalAmt |
| Program Services | $2,297,132 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $281,078 | TotalAmt |
| Management And General | $281,078 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $126,324 | TotalAmt |
| Program Services | $126,324 | ProgramServicesAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,047 | TotalAmt |
| Fundraising | $6,047 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,564,644 | TotalAmt |
| Program Services | $2,390,516 | ProgramServicesAmt |
| Management And General | $1,170,563 | ManagementAndGeneralAmt |
| Fundraising | $3,565 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,965,124 | TotalAmt |
| Program Services | $22,078,257 | ProgramServicesAmt |
| Management And General | $1,869,198 | ManagementAndGeneralAmt |
| Fundraising | $17,669 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $162,563 | TotalAmt |
| Program Services | $131,082 | ProgramServicesAmt |
| Management And General | $31,318 | ManagementAndGeneralAmt |
| Fundraising | $163 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,738,669 | TotalAmt |
| Program Services | $4,825,226 | ProgramServicesAmt |
| Management And General | $909,358 | ManagementAndGeneralAmt |
| Fundraising | $4,085 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,768,786 | TotalAmt |
| Program Services | $1,486,733 | ProgramServicesAmt |
| Management And General | $280,284 | ManagementAndGeneralAmt |
| Fundraising | $1,769 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $103,154 | TotalAmt |
| Program Services | $103,154 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,461,475 | TotalAmt |
| Program Services | $24,763,504 | ProgramServicesAmt |
| Management And General | $4,668,510 | ManagementAndGeneralAmt |
| Fundraising | $29,461 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,150,651 | TotalAmt |
| Program Services | $970,582 | ProgramServicesAmt |
| Management And General | $178,940 | ManagementAndGeneralAmt |
| Fundraising | $1,129 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $609,587 | TotalAmt |
| Program Services | $512,381 | ProgramServicesAmt |
| Management And General | $96,596 | ManagementAndGeneralAmt |
| Fundraising | $610 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,008,249 | TotalAmt |
| Program Services | $2,692,014 | ProgramServicesAmt |
| Management And General | $1,316,235 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,959,365 | TotalAmt |
| Program Services | $15,811,833 | ProgramServicesAmt |
| Management And General | $1,147,532 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,349,114 | TotalAmt |
| Program Services | $1,976,870 | ProgramServicesAmt |
| Management And General | $372,244 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| MEDICAL SUPPLIES | $36,717,524 | $36,717,524 | ||
| BAD DEBT | $30,015,197 | $30,015,197 | ||
| OTHER SUPPLIES | $4,522,462 | $3,801,298 | $716,642 | $4,522 |
| INCOME TAXES | -$32,611 | -$66,312 | $33,701 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,902 | TotalAmt |
| Program Services | $6,902 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $633,532,610 | TotalAmt |
| Program Services | $598,677,378 | ProgramServicesAmt |
| Management And General | $34,578,481 | ManagementAndGeneralAmt |
| Fundraising | $276,751 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $166,774,896 | BOYAmt |
| EOY | $0 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,876,912 | BOYAmt |
| EOY | $73,622,386 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $99,484,714 | BOYAmt |
| EOY | $2,210,517,421 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $302,259 | BOYAmt |
| EOY | $304,381 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,949,249 | BOYAmt |
| EOY | $2,610,885 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,009,588 | BOYAmt |
| EOY | $6,258,171 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $931,592,096 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $568,601,435 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $337,895,754 | BOYAmt |
| EOY | $362,990,661 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,890,000 | BOYAmt |
| EOY | $3,630,000 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $845,819,749 | BOYAmt |
| EOY | $1,108,691,731 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,456,756 | BOYAmt |
| EOY | $13,997,460 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,691,044 | BOYAmt |
| EOY | $1,691,044 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $512,922,685 | BOYAmt |
| EOY | $279,295,647 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,049,073,606 | BOYAmt |
| EOY | $4,063,609,787 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $613,859,859 | BOYAmt |
| EOY | $2,645,115,016 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $73,118,854 | BOYAmt |
| EOY | $67,723,176 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $134,272,895 | BOYAmt |
| EOY | $127,538,990 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,697,178 | BOYAmt |
| EOY | $44,755,255 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $250,201,739 | BOYAmt |
| EOY | $235,542,996 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,118,150,525 | BOYAmt |
| EOY | $3,120,675,433 | 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 | $638,279,647 | BOYAmt |
| EOY | $633,375,796 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $292,643,434 | BOYAmt |
| EOY | $309,558,558 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $930,923,081 | BOYAmt |
| EOY | $942,934,354 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,049,073,606 | BOYAmt |
| EOY | $4,063,609,787 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$3,705,236 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$315,839 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $16,032,348 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $214,021,298 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $227,062,586 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $253,761,428 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $407,730,955 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $130,329,303 | CurrentTaxYearAmt |
| Total | $1,232,905,570 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $214,021,298 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $227,062,586 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $253,761,428 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $407,730,955 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $130,329,303 | CurrentTaxYearAmt |
| Total | $1,232,905,570 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $1,232,905,570 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $35,786,087 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $35,707,999 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $34,702,463 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $42,460,439 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $24,680,284 | CurrentTaxYearAmt |
| Total | $173,337,272 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $236,203 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $95,211 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $331,414 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $289,480 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $445,070 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $261,443 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $231,845 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $274,294 | CurrentTaxYearAmt |
| Total | $1,502,132 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $1,408,076,388 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $3,651,488,131 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.87560 | PublicSupportCY170Pct |
| Public Support PY170 | 0.88850 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | OTHER INCOME - 2017 AMOUNT: $ 289,480. 2018 AMOUNT: $ 445,070. 2019 AMOUNT: $ 261,443. 2020 AMOUNT: $ 231,845. 2021 AMOUNT: $ 274,294. |
| PUBLIC SUPPORT SHORT YEAR EXPLANATION: | PUBLIC SUPPORT IS MEASURED USING A 5 YEAR COMPUTATIONAL PERIOD THAT INCLUDES THE CURRENT SHORT TAX YEAR ENDING DECEMBER 31, 2021 AND THE FOUR PRIOR PERIODS, INCLUDING FISCAL YEARS ENDING JUNE 30, 2021, JUNE 30, 2020, JUNE 30, 2019, AND JUNE 30, 2018. |
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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | Yes (1) | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (1) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $124,513 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | Yes (1) | OtherActivitiesInd |
| Other Activities | $1,811 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $126,324 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | SUPPORT OF THE MEDICAL CENTER'S OFFICE OF GOVERNMENT RELATIONS, AND PRORATA PORTION OF DUES PAID TO STATE AND LOCAL 501(C)(6) ORGANIZATIONS THAT REPRESENTS LOBBYING ON BEHALF OF ITS MEMBERS. THE ORGANIZATION HAS A GOVERNMENT RELATIONS OFFICE. EMPLOYEES OF THE FILING ORGANIZATION (AND RELATED ORGANIZATION) IN THAT OFFICE WILL SOMETIMES MAKE DIRECT CONTACT WITH LEGISLATORS, THEIR STAFFS, GOVERNMENT OFFICIALS, OR A LEGISLATIVE BODY. THE OFFICE OF GOVERNMENT RELATIONS WAS ACTIVELY INVOLVED WITH SEVERAL FEDERAL AND STATE ISSUES. THE OFFICE ASSISTED IN DEVELOPING POLITICAL ADVOCACY STRATEGIES REGARDING: CENTER FOR MEDICARE AND MEDICAID (CMS) MEDICAID REGULATIONS, THE PRESIDENT'S FY23 BUDGET REQUEST FOCUSING ON DRUG PRICING, PROPOSED 340B PROGRAM CHANGES, PROPOSED CHANGES TO THE USE OF NONHUMAN PRIMATE MODELS IN BIOMEDICAL RESEARCH, FY23 APPROPRIATIONS INCLUDING LABOR/HEALTH AND HUMAN SERVICES (HHS) BILL AND FUNDING FOR THE NATIONAL INSTITUTES OF HEALTH (NIH), AND ADDITIONAL FUNDING FOR GRADUATE MEDICAL EDUCATION RESIDENCY SLOTS. IN ADDITION, THE OFFICE WORKED WITH THE NORTH CAROLINA CONGRESSIONAL DELEGATION ON APPROPRIATIONS RELATED TO THE DEPARTMENT OF DEFENSE THROUGH THE REAUTHORIZATION OF THE NATIONAL DEFENSE AUTHORIZATION ACT (NDAA) AS WELL AS THE DEFENSE SUBCOMMITTEE APPROPRIATIONS BILLS. THE OFFICE ALSO WORKED ON POLICIES RELATED TO TELEMEDICINE AT STATE AND FEDERAL LEVELS. THE OFFICE PARTICIPATED IN NUMEROUS CONFERENCE CALLS, WEB-EX MEETINGS AND ONE-ON-ONE CALLS WITH CONGRESSIONAL MEMBERS AND STAFFERS ON ONGOING COVID-19 MATTERS. AT THE STATE LEVEL, THE OFFICE CONTINUED TO WORK ON MEDICAID EXPANSION AND MEDICAID FINANCING. THE ORGANIZATION IS A MEMBER OF THE AMERICAN HOSPITAL ASSOCIATION (AHA) AND THE NORTH CAROLINA HEALTHCARE ASSOCIATION (NCHA). A PORTION OF THE MEMBERSHIP DUES PAID ARE ALLOCATED TO LOBBYING EFFORTS BY THOSE ORGANIZATIONS ON BEHALF OF THEIR MEMBERSHIP BODIES. | ExplanationTxt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $786,210,017 | BeginningYearBalanceAmt |
| Contributions | $5,121,186 | ContributionsAmt |
| Investment Earnings Or Losses | $35,279,561 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $15,657,319 | GrantsOrScholarshipsAmt |
| End Year Balance | $810,953,445 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $501,154,228 | BeginningYearBalanceAmt |
| Contributions | $163,605,551 | ContributionsAmt |
| Investment Earnings Or Losses | $147,363,799 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $25,913,561 | GrantsOrScholarshipsAmt |
| End Year Balance | $786,210,017 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $506,961,544 | BeginningYearBalanceAmt |
| Contributions | $12,381,262 | ContributionsAmt |
| Investment Earnings Or Losses | $5,123,015 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $23,311,593 | GrantsOrScholarshipsAmt |
| End Year Balance | $501,154,228 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $505,143,113 | BeginningYearBalanceAmt |
| Contributions | $4,444,120 | ContributionsAmt |
| Investment Earnings Or Losses | $19,556,385 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $22,182,074 | GrantsOrScholarshipsAmt |
| End Year Balance | $506,961,544 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $485,586,506 | BeginningYearBalanceAmt |
| Contributions | $17,992,056 | ContributionsAmt |
| Investment Earnings Or Losses | $23,859,294 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $22,294,743 | GrantsOrScholarshipsAmt |
| End Year Balance | $505,143,113 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.66470 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.21890 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.11640 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | Yes (1) | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | Yes (1) | RelatedOrgListSchRInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $53,965,404 | OtherCostOrOtherBasisAmt |
| Book Value | $53,965,404 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $491,980,447 | OtherCostOrOtherBasisAmt |
| Depreciation | $277,134,322 | DepreciationAmt |
| Book Value | $214,846,125 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $31,709,328 | OtherCostOrOtherBasisAmt |
| Depreciation | $14,461 | DepreciationAmt |
| Book Value | $31,694,867 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $291,466,423 | OtherCostOrOtherBasisAmt |
| Depreciation | $277,134,322 | DepreciationAmt |
| Book Value | $14,332,101 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $62,470,494 | OtherCostOrOtherBasisAmt |
| Depreciation | $14,318,330 | DepreciationAmt |
| Book Value | $48,152,164 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $362,990,661 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| ENDOWMENT INVESTMENTS | $859,642,795 | F |
| INV IN JOINT VENTURES | $248,579,177 | F |
| INVESTMENT IN ANNUITIES & LIFE INS CONTRACTS | $469,759 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $1,108,691,731 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| OTHER INVESTMENTS | $10,741,684 |
| BENEFICIAL INTEREST IN PERPETUAL TRUSTS | $20,403,553 |
| FUNDS HELD UNDER RETIREMENT & BENEFIT PLANS | $109,335,733 |
| OPERATING LEASES (LESS ACCUM DEPREC) | $138,814,677 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $279,295,647 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)
| DescDesc | AmtAmt |
|---|---|
| PLI RESERVE | $46,051,135 |
| BOND SWAP VALUATION | $3,525,377 |
| OTHER LIABILITIES & DEFERRALS | $15,410,175 |
| ANNUITIES PAYABLE | $3,755,479 |
| RETIREMENT | $23,253,226 |
| OPERATING LEASE PAYABLE | $143,547,604 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $235,542,996 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE ORGANIZATION'S ENDOWMENT FUNDS ARE USED TO SUPPORT SCHOLARSHIPS, INSTRUCTION, RESEARCH, LIBRARIES, AND OTHER ACADEMIC/OPERATIONAL/GENERAL EXPENDITURES. |
| PART X, LINE 2: | THE ORGANIZATION HAS EVALUATED UNCERTAIN TAX POSITIONS FOR ITS SHORT PERIOD ENDED DECEMBER 31, 2021 AND FISCAL YEAR ENDED JUNE 30, 2021, INCLUDING A QUANTIFICATION OF TAX RISK IN AREAS SUCH AS UNRELATED BUSINESS TAXABLE INCOME AND THE TAXATION OF ITS JOINT VENTURES. THIS EVALUATION DID NOT HAVE A MATERIAL EFFECT ON THE ORGANIZATION'S FINANCIAL STATEMENTS FOR THE SHORT PERIOD ENDED DECEMBER 31, 2021 AND FISCAL YEAR ENDED JUNE 30, 2021. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | SEE PART II THE ORGANIZATION'S NONDISCRIMINATION POLICY IS PUBLISHED ON THE INTERNET AND IN ITS STUDENT HANDBOOK FOR THE SCHOOL OF MEDICINE'S MD PROGRAM, PA STUDIES, CRNA PROGRAM, DOCTOR OF NURSING PRACTICE PROGRAM, AND GRADUATE SCHOOL, IN ADMISSION BROCHURES AND OTHER MEDIA MATERIALS. SEE HTTPS://SCHOOL.WAKEHEALTH.EDU/SEARCH?Q=STUDENT+HANDBOOK; HTTPS://SCHOOL.WAKEHEALTH.EDU/EDUCATION-AND-TRAINING/STUDENT-AFFAIRS/TITLE- IX; AND HTTPS://SCHOOL.WAKEHEALTH.EDU/EDUCATION-AND-TRAINING/STUDENT-AFFAIRS/DIVERS ITY-AND-INCLUSION |
| SCHEDULE E, PART I, LINE 6 | THE ORGANIZATION RECEIVES FEDERAL FINANCIAL AID THROUGH THE U.S. DEPARTMENT OF EDUCATION'S FEDERAL DIRECT LOAN PROGRAM. WFUHS DISTRIBUTED THE FEDERAL LOANS TO 699 STUDENTS FOR THE SHORT PERIOD ENDED DECEMBER 31, 2021. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | EUROPE (INCLUDING ICELAND & GREENLAND) | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | PROGRAM SERVICES | TypeOfActivitiesConductedTxt |
| Specific Services Provided | SUBCONTRACT FOR RESEARCH GRANTS | SpecificServicesProvidedTxt |
| Region Total Expenditures | $76,506 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $76,506 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $76,506 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | EUROPE (INCLUDING ICELAND & GREENLAND) | RegionTxt |
| Purpose Of Grant | RESEARCH SYSTEMS GENETICS OF ADIPOSITY TRAITS IN OUTBRED RATS | PurposeOfGrantTxt |
| Cash Grant | $73,674 | CashGrantAmt |
| Manner Of Cash Disbursement | CHECK | MannerOfCashDisbursementTxt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 0 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | Yes (1) | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART III ACCOUNTING METHOD: | FormAndLineReferenceDesc |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Licensed States | AL | LicensedStatesCd |
| Licensed States | AK | LicensedStatesCd |
| Licensed States | AZ | LicensedStatesCd |
| Licensed States | AR | LicensedStatesCd |
| Licensed States | CA | LicensedStatesCd |
| Licensed States | CO | LicensedStatesCd |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | DE | LicensedStatesCd |
| Licensed States | FL | LicensedStatesCd |
| Licensed States | GA | LicensedStatesCd |
| Licensed States | HI | LicensedStatesCd |
| Licensed States | ID | LicensedStatesCd |
| Licensed States | IL | LicensedStatesCd |
| Licensed States | IN | LicensedStatesCd |
| Licensed States | IA | LicensedStatesCd |
| Licensed States | KS | LicensedStatesCd |
| Licensed States | KY | LicensedStatesCd |
| Licensed States | LA | LicensedStatesCd |
| Licensed States | ME | LicensedStatesCd |
| Licensed States | MD | LicensedStatesCd |
| Licensed States | MA | LicensedStatesCd |
| Licensed States | MI | LicensedStatesCd |
| Licensed States | MN | LicensedStatesCd |
| Licensed States | MS | LicensedStatesCd |
| Licensed States | MO | LicensedStatesCd |
| Licensed States | MT | LicensedStatesCd |
| Licensed States | NE | LicensedStatesCd |
| Licensed States | NV | LicensedStatesCd |
| Licensed States | NH | LicensedStatesCd |
| Licensed States | NJ | LicensedStatesCd |
| Licensed States | NM | LicensedStatesCd |
| Licensed States | NY | LicensedStatesCd |
| Licensed States | NC | LicensedStatesCd |
| Licensed States | ND | LicensedStatesCd |
| Licensed States | OH | LicensedStatesCd |
| Licensed States | OK | LicensedStatesCd |
| Licensed States | OR | LicensedStatesCd |
| Licensed States | PA | LicensedStatesCd |
| Licensed States | RI | LicensedStatesCd |
| Licensed States | SC | LicensedStatesCd |
| Licensed States | SD | LicensedStatesCd |
| Licensed States | TN | LicensedStatesCd |
| Licensed States | TX | LicensedStatesCd |
| Licensed States | UT | LicensedStatesCd |
| Licensed States | VT | LicensedStatesCd |
| Licensed States | VA | LicensedStatesCd |
| Licensed States | WA | LicensedStatesCd |
| Licensed States | WV | LicensedStatesCd |
| Licensed States | WI | LicensedStatesCd |
| Licensed States | WY | LicensedStatesCd |
| Licensed States | DC | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | BCH CHEERS | Event1Nm |
| Gross Receipts Event1 | $405,407 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $405,407 | CharitableContriEvent1Amt |
| Rent Facility Costs Event1 | $12,702 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $287 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $32,912 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $405,407 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $405,407 | CharitableContributionsTotAmt |
| Rent Fclty Costs Total Events | $12,702 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $287 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $32,912 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $45,901 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$45,901 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| WAKE FOREST UNIVERSITY | ||||||||
| 1834 WAKE FOREST RD BOX 7201 | WINSTONSALEM | NC | 27109 | 560532138 | 501(C)(3) | $2,000,000 | $0 | ACADEMIC ENRICHMENT FUND |
| LEXINGTON MEDICAL CENTER FOUNDATION INC | ||||||||
| PO BOX 1817 250 HOSPITAL DRIVE | LEXINGTON | NC | 27293 | 581876553 | 501(C)(3) | $10,000 | $0 | SUPPORTING THE OPERATIONS OF THE FOUNDATION'S MISSION |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| SCHOLARSHIPS AND FELLOWSHIPS | 1392 | $12,797,240 |
| ASSISTANCE TO PATIENTS - FINANCIAL ASSISTANCE | 61 | $4,351 |
| ASSISTANCE TO PATIENTS - TRANSPORTATION | 158 | $1,605 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2: | THE ORGANIZATION FOLLOWS THE MEDICAL CENTER'S CORPORATE POLICY IN REVIEWING THE ELIGIBILITY AND SELECTION OF GRANTEES RECEIVING CERTAIN EXEMPT PURPOSE FUNDS. THE ORGANIZATION MAINTAINS DOCUMENTATION OF THE ELIGIBILITY AND SELECTION CRITERIA AND RECORDS OF THE AMOUNTS DISBURSED. |
| SCHEDULE I, PART III, GRANTS & OTHER ASSISTANCE TO DOMESTIC INDIVIDUALS | THE ORGANIZATION MONITORS THE ACADEMIC PROGRESS AND OTHER ACHIEVEMENTS OF STUDENTS RECEIVING SCHOLARSHIPS AND FELLOWSHIPS. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (19 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JULIE ANN FREISCHLAG MD | ||||||||||||||
| DIRECTOR, CEO, DEAN | $1,899,767 | $0 | $1,003,777 | $0 | $471,806 | $0 | $529,516 | $0 | $26,293 | $0 | $3,931,159 | $0 | $396,368 | $0 |
| NATHAN O HATCH PHD | ||||||||||||||
| FORMER DIR/OFF (TO 6/30/21) | $0 | $1,010,331 | $0 | $568,609 | $0 | $314,117 | $0 | $29,000 | $0 | $38,467 | $0 | $1,960,524 | $0 | $144,881 |
| BRADLEY A CLARK | ||||||||||||||
| EVP, TREASURER | $701,213 | $0 | $270,235 | $135,118 | $2,377 | $673,725 | $68,820 | $5,405 | $30,329 | $0 | $1,072,974 | $814,248 | $0 | $673,725 |
| TERRY G WILLIAMS | ||||||||||||||
| EVP, CH STRATEGY OFF | $628,663 | $0 | $199,500 | $99,750 | $34,173 | $623,482 | $100,050 | $3,990 | $25,696 | $0 | $988,082 | $727,222 | $0 | $623,483 |
| KEVIN P HIGH MD | ||||||||||||||
| PRES, HEALTH SYSTEM | $817,598 | $0 | $438,008 | $0 | $186,786 | $0 | $242,047 | $0 | $21,923 | $0 | $1,706,362 | $0 | $143,317 | $0 |
| KENNETH LENNON MD | ||||||||||||||
| CLIN ADJ FACULTY | $0 | $1,437,464 | $0 | $50,000 | $0 | $6,582 | $0 | $21,716 | $0 | $23,244 | $0 | $1,539,006 | $0 | $0 |
| EDWARD H KINCAID MD | ||||||||||||||
| DEPARTMENT CHAIR | $1,332,245 | $0 | $56,113 | $0 | $23,112 | $0 | $21,716 | $0 | $26,804 | $0 | $1,459,990 | $0 | $0 | $0 |
| ANTHONY ATALA MD | ||||||||||||||
| DEPARTMENT CHAIR | $920,077 | $0 | $110,330 | $0 | $196,044 | $0 | $191,716 | $0 | $30,953 | $0 | $1,449,120 | $0 | $171,000 | $0 |
| CHARLES BRANCH MD | ||||||||||||||
| EVP, HLTH SYS AFFR | $1,140,856 | $0 | $152,586 | $0 | $45,653 | $0 | $21,716 | $0 | $23,578 | $0 | $1,384,389 | $0 | $0 | $0 |
| J REID MORGAN | ||||||||||||||
| GEN COUNSEL & SEC | $0 | $576,981 | $0 | $135,000 | $0 | $506,053 | $0 | $66,500 | $0 | $35,796 | $0 | $1,320,330 | $0 | $351,061 |
| L ANDREW KOMAN MD | ||||||||||||||
| DEPARTMENT CHAIR | $974,303 | $0 | $180,919 | $0 | $82,998 | $0 | $21,716 | $0 | $23,600 | $0 | $1,283,536 | $0 | $0 | $0 |
| WILLIAM D SHOWALTER | ||||||||||||||
| SVP, CH INFO OFF | $0 | $503,450 | $0 | $223,530 | $0 | $298,236 | $0 | $119,544 | $0 | $19,568 | $0 | $1,164,328 | $0 | $290,943 |
| TERRY L HALES JR | ||||||||||||||
| ASST TREASURER | $476,886 | $0 | $202,500 | $0 | $96,389 | $0 | $126,257 | $0 | $27,677 | $0 | $929,709 | $0 | $3,830 | $0 |
| SUSAN R WENTE PHD | ||||||||||||||
| DIRECTOR, PRES WFU (FR 7/1/21) | $0 | $482,060 | $0 | $200,000 | $0 | $10,131 | $0 | $127,000 | $0 | $29,642 | $0 | $848,833 | $0 | $0 |
| KAREN H HUEY | ||||||||||||||
| VP, FACILITIES (TO 9/30/21) | $0 | $209,676 | $0 | $40,000 | $0 | $353,837 | $0 | $43,316 | $0 | $11,681 | $0 | $658,510 | $0 | $218,648 |
| LISA M MARSHALL | ||||||||||||||
| VP, CH PHIL OFF | $0 | $413,502 | $0 | $52,125 | $0 | $10,406 | $0 | $97,448 | $0 | $10,775 | $0 | $584,256 | $0 | $0 |
| JOHN D MCCONNELL MD | ||||||||||||||
| FORMER OFF (4/26/17) | $418,681 | $0 | $0 | $0 | $38,114 | $0 | $21,816 | $0 | $23,426 | $0 | $502,037 | $0 | $0 | $0 |
| STEPHAN L LILLIE | ||||||||||||||
| SVP, CFO (FR 9/22/21) | $0 | $253,492 | $0 | $75,000 | $0 | $26,566 | $0 | $36,906 | $0 | $6,113 | $0 | $398,077 | $0 | $0 |
| ANITA M CONRAD | ||||||||||||||
| ASST SECRETARY | $0 | $192,759 | $0 | $12,000 | $0 | $396 | $0 | $20,250 | $0 | $21,878 | $0 | $247,283 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 3 | AS MOST OF THE OFFICERS AND OTHER SENIOR EXECUTIVES OF THE FILING ORGANIZATION HOLD IDENTICAL OFFICES OR POSITIONS IN RELATED ORGANIZATION WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER ("WFUBMC") [AND IN UNRELATED BUT AFFILIATED ORGANIZATION NORTH CAROLINA BAPTIST HOSPITAL ("NCBH")], THE DETERMINATION OF THE COMPENSATION OF SUCH INDIVIDUALS IS CONDUCTED VIA THE PROCESS UTILIZED BY THE WFUBMC BOARD, AS FOLLOWS: THE WFUBMC SENIOR EXECUTIVE COMPENSATION COMMITTEE (THE "COMMITTEE"), COMPRISED OF THE MEMBERS OF THE ATRIUM HEALTH INC. DIVERSITY, INCLUSION AND COMPENSATION COMMITTEE, IS RESPONSIBLE FOR REVIEWING AND APPROVING THE COMPENSATION OF THE SENIOR EXECUTIVES OF THE FILING ORGANIZATION. THE COMMITTEE REVIEWS AND APPROVES SENIOR EXECUTIVE COMPENSATION, INCLUDING SENIOR EXECUTIVE INCENTIVE PLANS AND ANY DEVIATIONS THEREFROM. IN CARRYING OUT ITS DUTIES AND RESPONSIBILITIES, THE COMMITTEE APPROPRIATELY CONSIDERS PROPOSED COMPENSATION ARRANGEMENTS OF THE FILING ORGANIZATION'S SENIOR EXECUTIVES, APPROPRIATE DATA AS TO COMPARABILITY OF SUCH COMPENSATION ARRANGEMENTS, AND DOCUMENTS THE BASES OF THE COMMITTEE'S DETERMINATIONS IN ACCORDANCE WITH SECTION 4958 OF THE INTERNAL REVENUE CODE AND/OR THE INCOME TAX TREASURY REGULATIONS ISSUED THEREUNDER (OR SUCH SUCCESSOR PROVISIONS). THE PROCESS IS DESCRIBED FURTHER IN THE NARRATIVE EXPLANATION TO FORM 990, PART VI, SECTION B, LINE 15, FOUND IN SCHEDULE O. (NOTE THAT FOUR OF THE FILING ORGANIZATION'S OFFICERS OR FORMER OFFICERS ARE COMPENSATED BY A RELATED ORGANIZATION (WAKE FOREST UNIVERSITY) OF THE FILING ORGANIZATION, AND THEIR COMPENSATION IS REVIEWED AND APPROVED IN ACCORDANCE WITH THAT RELATED ORGANIZATION'S SIMILAR PROCEDURES.) |
| PART I, LINES 4A-B | CERTAIN EXECUTIVES PARTICIPATED IN AND/OR RECEIVED PAYMENTS FROM SUPPLEMENTAL NON QUALIFIED RETIREMENT PLANS, OR RECEIVED SEVERANCE PAYMENTS. THE DETERMINATION OF THE AMOUNT OF THE NON QUALIFIED RETIREMENT PLANS FOLLOWED THE FILING ORGANIZATION'S COMPENSATION PROCEDURES AS OUTLINED IN PART VI, SECTION B, LINE 15 OF THE FORM 990. THE FOLLOWING CURRENT OR FORMER DIRECTORS, OFFICERS & HIGHLY COMPENSATED EMPLOYEES RECEIVED SEVERANCE AND SERP PAYMENTS FROM THE FILING ORGANIZATION OR A RELATED ORGANIZATION IN THEIR CALENDAR YEAR 2021 COMPENSATION: SEVERANCE PAYMENTS: KAREN HUEY $80,000 SERP PAYMENTS: ANTHONY ATALA, MD $171,000 BRADLEY A. CLARK $673,725 JULIE FREISCHLAG, MD $396,368 TERRY L. HALES, JR. $72,896 KEVIN HIGH, MD $161,346 KAREN H. HUEY $245,399 NATHAN O. HATCH, PHD $258,193 J. REID MORGAN $485,452 WILLIAM SHOWALTER $292,296 TERRY G. WILLIAMS $623,482 THE COMPENSATION OF FORMER OFFICER AND DIRECTOR DR. NATHAN O. HATCH, PRESIDENT OF WAKE FOREST UNIVERSITY THROUGH JUNE 30, 2021, INCLUDES A PAYOUT OF $258,193 FROM RELATED ORGANIZATION WAKE FOREST UNIVERSITY, WHICH IS INCLUDED IN HIS 2021 FORM W-2 AND IN COLUMN BIII. $144,881 IS SHOWN ON SCHEDULE J, PART II, COLUMN F AND HAS BEEN PREVIOUSLY REPORTED ON A PRIOR YEAR FORM 990. THE COMPENSATION OF OFFICER AND DIRECTOR DR. SUSAN R. WENTE, PRESIDENT OF RELATED ORGANIZATION WAKE FOREST UNIVERSITY EFFECTIVE JULY 1, 2021, INCLUDES $112,500 SHOWN IN SCHEDULE J, PART II, COLUMN C, FROM HER PARTICIPATION IN A DEFERRED COMPENSATION ARRANGEMENT WITH THAT ORGANIZATION. THE COMPENSATION OF FILING ORGANIZATION OFFICER J. REID MORGAN, SENIOR VICE PRESIDENT AND GENERAL COUNSEL OF RELATED ORGANIZATION WAKE FOREST UNIVERSITY, INCLUDES A PAYOUT OF $485,452 FROM THAT ORGANIZATION WHICH IS INCLUDED IN HIS 2021 FORM W-2 AND IN COLUMN BIII. $351,061 IS SHOWN IN SCHEDULE J, PART II, COLUMN F AND HAS BEEN PREVIOUSLY REPORTED ON A PRIOR YEAR FORM 990. HIS COMPENSATION ALSO INCLUDES $37,500 SHOWN IN SCHEDULE J, PART II, COLUMN C, FROM HIS PARTICIPATION IN A DEFERRED COMPENSATION ARRANGEMENT WITH THAT ORGANIZATION. |
| PART I, LINE 7 | CERTAIN OFFICERS, KEY EMPLOYEES AND FACULTY MEMBERS HAVE INCENTIVE COMPENSATION COMPONENTS CONTAINED IN THEIR EMPLOYMENT AGREEMENTS. THESE ARE OFTEN GOAL-BASED AND ARE DETERMINED IN THE COURSE OF EVALUATION OF THE INDIVIDUAL'S PERFORMANCE BY HIS/HER DEPARTMENT CHAIR, SUPERVISOR OR THE COMPENSATION COMMITTEE OF THE BOARD, AS APPLICABLE. |
| FORM 990, PART VII, LINE 5 - COMPENSATION FROM UNRELATED ORGANIZATION | THE FOLLOWING CURRENT OFFICERS OF THE FILING ORGANIZATION WERE COMPENSATED BY CHARLOTTE MECKLENBURG HOSPITAL AUTHORITY ("CMHA", DBA ATRIUM HEALTH) FOR SERVICES PERFORMED AS AN OFFICER OF THE MEDICAL CENTER AND SCHOOL OF MEDICINE. SEE PART VII AND SCHEDULE J, PART II FOR THEIR COMPENSATION. BRADLEY A. CLARK TERRY G. WILLIAMS |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| NORTH CAROLINA MEDICAL CARE COMMISSION | ||||||||
| A | 521309402 | 65821DNF4 | 2012-11-15 | $129,019,661 | REFUND ISSUE DTD 10/16/2008 | 0 | 0 | 0 |
| NORTH CAROLINA MEDICAL CARE COMMISSION | ||||||||
| B | 521309402 | 65821DWH0 | 2019-03-07 | $45,655,000 | VARIOUS CAPITAL PROJECTS | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Other Spent ProceedsOtherSpentProceedsAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|
| A | $35,655,000 | $129,019,661 | $568 | $129,019,093 | 2012 | Yes (1) | 0 | Yes (1) | Yes (1) |
| B | $2,695,000 | $46,053,368 | $398,368 | $45,655,000 | 2019 | 0 | Yes (1) | Yes (1) | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | B | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | Yes (1) | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | Yes (1) | MgmtContractBondFincdPropInd |
| Engage Bond Counsel Contracts | Yes (1) | EngageBondCounselContractsInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.00200 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.00000 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.00200 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | Yes (1) | 0 | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, ROW B, COLUMN F: | THE PURPOSE OF THE ISSUE WAS TO REFUND A 2017 TAXABLE FINANCING WHICH WAS USED TO REFUND THE WFUHS 2012C ISSUE |
| PART I, ROW B, COLUMN E: | THE SERIES 2019 ISSUE WAS ISSUED AS ONE ISSUE FOR FEDERAL TAX PURPOSES IN THE AMOUNT OF $212,563,368. THE AMOUNT OF $46,053,368 IS THE PORTION OF THE ISSUE WAKE FOREST UNIVERSITY HEALTH SCIENCES IS RESPONSIBLE FOR. THE OTHER PORTIONS OF THE ISSUE ARE REPORTED ON SCHEDULE K OF FORM 990 FOR NORTH CAROLINA BAPTIST HOSPITAL ($73,819,143) AND WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER ($92,690,857) |
| PART II, LINE 11 COLUMNS A & B: | THE OTHER SPENT PROCEEDS LISTED ARE THE REFUNDING PROCEEDS OF THE ISSUE THAT ARE NO LONGER IN ESCROW |
| PART III, COLUMN A: | THE SERIES 2012B REFUNDED AN ISSUE DATED 10/16/2008. THE SOLE PURPOSE OF THE 2008 ISSUE WAS THE REFUNDING OF ISSUES DATED PRIOR TO 12/31/2002. ACCORDINGLY, THE ISSUE IS EXEMPT FROM COMPLETING PART III OF SCHEDULE K. |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 17 | ContributionCnt |
| Noncash Contributions Rpt F990 | $165,049 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, COLUMN (B): | THE ORGANIZATION DETERMINES THE NUMBER OF CONTRIBUTIONS BY USING THE TOTAL NUMBER OF NON-CASH ITEMS RECEIVED PER DONOR BY OCCURRENCE. |
| PART I, LINE 32B: | THE FILING ORGANIZATION SOMETIMES USES A RELATED ORGANIZATION, WAKE FOREST UNIVERSITY DEVELOPMENT FOUNDATION, TO SELL GIFTS OF DONATED REAL PROPERTY. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (15 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4, PROGRAM SERVICE ACCOMPLISHMENTS | WAKE FOREST UNIVERSITY HEALTH SCIENCES ("WFUHS"), THE FILING ORGANIZATION, IS AN INTEGRAL PART OF ATRIUM HEALTH WAKE FOREST BAPTIST ("AHWFB"), A PREEMINENT ACADEMIC HEALTH SYSTEM OF THE HIGHEST QUALITY WITH BALANCED EXCELLENCE IN PATIENT CARE, RESEARCH AND EDUCATION THAT PROMOTES BETTER HEALTH FOR ALL THROUGH COLLABORATION AND INNOVATION. THE FOLLOWING PARAGRAPHS ARE PROVIDED TO EXPLAIN THE RELATIONSHIP OF THE FILING ORGANIZATION WITH OTHER ORGANIZATIONS WHICH TOGETHER COMPRISE "ATRIUM HEALTH WAKE FOREST BAPTIST", THE NAME NOT OF ANY ONE CORPORATE ENTITY, BUT USED GENERICALLY TO DESCRIBE A LARGE GROUP OF MOSTLY 501(C)(3) ORGANIZATIONS PERFORMING VARIOUS ACADEMIC MEDICAL CENTER ACTIVITIES IN NORTHWEST NORTH CAROLINA, INCLUDING PATIENT CARE, MEDICAL RESEARCH, TECHNOLOGY TRANSFER, AND MEDICAL EDUCATION. WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER ("WFUBMC") IS A NORTH CAROLINA NONPROFIT CORPORATION WHOSE THREE MEMBERS ARE WAKE FOREST UNIVERSITY, NORTH CAROLINA BAPTIST HOSPITAL ("NCBH") AND ATRIUM HEALTH INC. (EACH OF WHICH IS A NORTH CAROLINA NONPROFIT CORPORATION EXEMPT FROM TAX UNDER IRC SECTION 501(C)(3)). PURSUANT TO AN AGREEMENT, INITIALLY ENTERED INTO ON JULY 1, 2010, AND SUBSEQUENTLY AMENDED AND RESTATED MULTIPLE TIMES INCLUDING, EFFECTIVE OCTOBER 9, 2020 AND AS AMENDED FEBRUARY 24, 2021 TO ADD ATRIUM HEALTH, INC. AS A PARTY THERETO (INITIALLY KNOWN AS THE "MEDICAL CENTER INTEGRATION AGREEMENT AND NOW AS THE "AMENDED AND RESTATED MEDICAL CENTER INTEGRATION AGREEMENT OR THE "MCIA"), WFUBMC IS THE OVERALL UMBRELLA OPERATING ENTITY OF THE ATRIUM HEALTH SYSTEM'S NORTHWEST NORTH CAROLINA COMPONENT ENTITIES. NCBH AND THE FILING ORGANIZATION (WFUHS) AND THEIR RESPECTIVE SUBSIDIARIES ARE OPERATED, PURSUANT TO DELEGATIONS IN THE MCIA, BY WFUBMC AS "ATRIUM HEALTH WAKE FOREST BAPTIST". THE FILING ORGANIZATION, IN TURN, OPERATES THE WAKE FOREST UNIVERSITY SCHOOL OF MEDICINE. ON OCTOBER 9, 2020, THE CHARLOTTE MECKLENBURG HOSPITAL AUTHORITY ("CMHA"), WAKE FOREST UNIVERSITY, NCBH, WFUBMC AND THE FILING ORGANIZATION FORMED A SINGLE, INTEGRATED HEALTH CARE DELIVERY SYSTEM THROUGH A JOINT OPERATING COMPANY, ATRIUM HEALTH, INC. (A NORTH CAROLINA NONPROFIT CORPORATION PREVIOUSLY ORGANIZED BY CMHA AND WFUBMC). THROUGH THIS HEALTH CARE SYSTEM INTEGRATION AND PURSUANT TO AN AGREEMENT KNOWN AS THE "ENTERPRISE AGREEMENT," ATRIUM HEALTH, INC. MANAGES AND OVERSEES THE BUSINESS, FACILITIES, SERVICES, PERSONNEL, AND ACTIVITIES OF CMHA AND WFUBMC (COLLECTIVELY THE "ENTERPRISE"). THE ENTERPRISE ENCOMPASSES 42 HOSPITALS AND MORE THAN 1,500 CARE LOCATIONS, AND IT SERVES MORE THAN 7 MILLION PEOPLE ACROSS NORTH CAROLINA, SOUTH CAROLINA, GEORGIA AND VIRGINIA. NOTE THAT THE FOLLOWING NARRATIVE INCLUDES IN SOME OF ITS DESCRIPTIONS THE ADDITIONAL OPERATIONS OF THE ENTERPRISE THROUGH DAVIE MEDICAL CENTER (TRADING AS ATRIUM HEALTH WAKE FOREST BAPTIST DAVIE MEDICAL CENTER), HIGH POINT REGIONAL HEALTH (TRADING AS ATRIUM HEALTH WAKE FOREST BAPTIST HIGH POINT MEDICAL CENTER), LEXINGTON MEDICAL CENTER (TRADING AS ATRIUM HEALTH WAKE FOREST BAPTIST LEXINGTON MEDICAL CENTER), WRMC HOSPITAL OPERATING CORPORATION (TRADING AS ATRIUM HEALTH WAKE FOREST BAPTIST WILKES MEDICAL CENTER), AND WAKE FOREST HEALTH NETWORK LLC, THE SOLE MEMBER OF EACH OF WHICH IS WFUBMC, AS WELL AS ORGANIZATIONS RELATED (OR UNRELATED BUT AFFILIATED) TO THE FILING ORGANIZATION, IN ORDER TO PROVIDE A MORE COMPLETE PICTURE OF THE FILING ORGANIZATION'S ROLE IN THE INTEGRATED HEALTH SYSTEM'S COMPREHENSIVE ACTIVITIES. ATRIUM HEALTH WAKE FOREST BAPTIST IS NORTHWEST NORTH CAROLINA'S SOLE ACADEMIC MEDICAL CENTER, BRINGING TO THE REGION THE RESOURCES OF ONE OF AMERICA'S TOP HOSPITALS AND INNOVATIVE RESEARCH CENTERS AND A PREMIER MEDICAL SCHOOL. IT OPERATES THE WAKE FOREST UNIVERSITY SCHOOL OF MEDICINE, WHICH HAS A FACULTY OF 1,406, INCLUDING PHYSICIANS AND BASIC SCIENTISTS. IN ADDITION TO THIS FACULTY, THE "WAKE FOREST HEALTH NETWORK" COMPRISED OF 407 CLINICAL HEALTHCARE PROVIDERS SERVES PATIENTS IN 108 CLINICAL LOCATIONS THROUGHOUT NORTHWEST NORTH CAROLINA. THE HEALTH SYSTEM HAS 1,551 ACUTE CARE AND REHABILITATION BEDS OPERATIVE ACROSS THE SYSTEM, WHICH ENCOMPASSES ITS MAIN WINSTON-SALEM CAMPUS (885 BEDS), ATRIUM HEALTH WAKE FOREST BAPTIST HIGH POINT MEDICAL CENTER (351 BEDS), ATRIUM HEALTH WAKE FOREST BAPTIST LEXINGTON MEDICAL CENTER (94 BEDS), ATRIUM HEALTH WAKE FOREST BAPTIST DAVIE MEDICAL CENTER (50 BEDS), ATRIUM HEALTH WAKE FOREST BAPTIST WILKES MEDICAL CENTER (130 BEDS), AND ALLEGHANY HEALTH (41 BEDS). ATRIUM HEALTH WAKE FOREST BAPTIST ALSO INCLUDES THE COMPREHENSIVE CANCER CENTER, WHICH IS DESIGNATED AS SUCH BY THE NATIONAL CANCER INSTITUTE, AND BRENNER CHILDREN'S HOSPITAL. OVERALL, ATRIUM HEALTH WAKE FOREST BAPTIST SERVES A 24-COUNTY REGION IN NORTHWESTERN NORTH CAROLINA AND SOUTHWESTERN VIRGINIA AND ALSO DRAWS PATIENTS FROM ACROSS THE NATION FOR SELECT SERVICES. ATRIUM HEALTH WAKE FOREST BAPTIST IS THE DRIVING FORCE BEHIND THE ESTABLISHMENT OF INNOVATION QUARTER, A GROWING URBAN-BASED DISTRICT FOR RESEARCH, BUSINESS AND EDUCATION IN BIOMEDICAL SCIENCE, INFORMATION TECHNOLOGY, CLINICAL SERVICES AND ADVANCED MATERIALS. LOCATED IN DOWNTOWN WINSTON-SALEM, IT IS HOME TO MORE THAN 90 COMPANIES, FIVE LEADING ACADEMIC INSTITUTIONS, 3,600 WORKERS AND 1,800 STUDENTS. THE INNOVATION QUARTER CURRENTLY COMPRISES OVER 2 MILLION SQUARE FEET OF OFFICE, LABORATORY AND EDUCATIONAL SPACE ON ITS APPROXIMATELY 200 ACRES. IN AUGUST 2021, A NEW BRAND WAS INTRODUCED IN CONNECTION WITH THE HEALTH SYSTEM INTEGRATION, WITH "ATRIUM HEALTH WAKE FOREST BAPTIST" REPLACING "WAKE FOREST BAPTIST HEALTH" IN COMMUNICATIONS. THE NEW BRAND WILL BE REFLECTED IN ADVERTISING AND MARKETING MATERIALS AND NEW SIGNAGE PUT INTO PLACE THROUGHOUT 2022 ACROSS THE ATRIUM HEALTH WAKE FOREST BAPTIST REGION. CONSTRUCTION ON A PREVIOUSLY ANNOUNCED $450 MILLION PROJECT TO BUILD A NEW CARE TOWER ON THE ATRIUM HEALTH WAKE FOREST BAPTIST MEDICAL CENTER CAMPUS BEGAN IN OCTOBER 2021 WITH WORK ON A NEW HELIPAD. THE WORK WILL INCLUDE THE CLOSING AND EVENTUAL DEMOLITION OF PARKING DECK B, WHERE THE NEW CARE TOWER IS SLATED TO BE BUILT BY 2026, BRINGING AN UPGRADED EMERGENCY DEPARTMENT, STATE-OF-THE-ART OPERATING ROOMS, AND ENHANCED ADULT INTENSIVE CARE UNITS. RESEARCH AWARDS RECEIVED BY WFUHS (PRINCIPALLY AS THE WAKE FOREST UNIVERSITY SCHOOL OF MEDICINE) FOR THE LAST SIX MONTHS OF 2021 TOTALED APPROXIMATELY $145 MILLION, INCLUDING $101.6 MILLION FROM FEDERAL SOURCES (INCLUDING THE NATIONAL INSTITUTES OF HEALTH AND THE U.S. DEPARTMENT OF DEFENSE), $29.3 MILLION FROM NONPROFIT AND STATE SOURCES, AND $14.1 MILLION FROM INDUSTRY SOURCES. NOTABLE RESEARCH GRANTS ANNOUNCED DURING THE PERIOD INCLUDED A $29.9 MILLION, SIX-AND-A-HALF-YEAR AWARD FROM THE PATIENT-CENTERED OUTCOMES RESEARCH INSTITUTE TO FUND THE FIRST STUDY OF ITS KIND TO TEST TWO INTERVENTIONS TO LOWER BLOOD PRESSURE IN THE FIRST SIX MONTHS FOLLOWING A STROKE; A $15.2 MILLION AWARD OVER FIVE YEARS FROM THE NATIONAL INSTITUTE ON AGING TO SUPPORT THE ALZHEIMER'S DISEASE RESEARCH CENTER AT WAKE FOREST UNIVERSITY SCHOOL OF MEDICINE; A $10 MILLION GRANT FROM THE NATIONAL INSTITUTE OF NEUROLOGICAL DISORDERS AND STROKE TO THE FOUR CORNERS YOUTH CONSORTIUM, A GROUP OF ACADEMIC MEDICAL CENTERS, INCLUDING WAKE FOREST UNIVERSITY SCHOOL OF MEDICINE, TO STUDY CONCUSSIONS IN SCHOOL-AGED CHILDREN; A FOUR-YEAR GRANT OF APPROXIMATELY $4 MILLION FROM THE NATIONAL INSTITUTES OF HEALTH TO SUPPORT A CLINICAL TRIAL THAT COMBINES AN ANTIDEPRESSANT DRUG APPROVED BY THE FOOD AND DRUG ADMINISTRATION WITH A WEB-BASED PAIN-MANAGEMENT PROGRAM TO DETERMINE IF PAIN RELIEF CAN BE ENHANCED TO IMPROVE CHRONIC MUSCULOSKELETAL PAIN; AND $2.8 MILLION FROM THE DUKE ENDOWMENT TO SUPPORT FIVE PROJECTS THAT WILL EXAMINE THE ROLE SOCIAL DETERMINANTS PLAY IN ACCESS TO HEALTH CARE FOR PEOPLE IN NORTH CAROLINA. |
| FORM 990, PART III, LINE 4B | 1. CLINICAL SERVICES ATRIUM HEALTH WAKE FOREST BAPTIST IS NATIONALLY RECOGNIZED FOR CLINICAL EXCELLENCE AND INTERNATIONALLY KNOWN FOR PIONEERING RESEARCH AND CLINICAL INNOVATION. IT OFFERS EXPERTISE IN MORE THAN 100 AREAS OF MEDICINE, ENCOMPASSING COMPREHENSIVE PREVENTIVE AND HIGHLY SPECIALIZED CARE FOR ALL AGES. ATRIUM HEALTH WAKE FOREST BAPTIST'S NETWORK INCLUDES THE 167-BED COMPREHENSIVE CANCER CENTER AND THE 144-BED BRENNER CHILDREN'S HOSPITAL, BOTH OF WHICH ARE ON THE ATRIUM HEALTH WAKE FOREST BAPTIST MEDICAL CENTER CAMPUS IN WINSTON-SALEM, AS WELL AS COMMUNITY HOSPITALS IN DAVIDSON, DAVIE, GUILFORD, AND WILKES COUNTIES. BRENNER CHILDREN'S HOSPITAL ALSO INCLUDES THE DALE AND KAREN SISEL NEONATAL INTENSIVE CARE UNIT, WITH 51 ALL-PRIVATE ROOMS. ACROSS ITS SERVICE AREA OF NORTHWEST NORTH CAROLINA AND SOUTHWEST VIRGINIA, ATRIUM HEALTH WAKE FOREST BAPTIST HAS FIVE EMERGENCY DEPARTMENTS; NINE URGENT CARE LOCATIONS; 361 PHYSICIAN PRACTICES, INCLUDING PRIMARY CARE AND SPECIALTY CLINICS; 28 CANCER CARE LOCATIONS; AND THREE AMBULATORY SURGERY CENTERS. AS OF DECEMBER 31, 2021, ATRIUM HEALTH WAKE FOREST BAPTIST EMPLOYED 20,503 PEOPLE, INCLUDING 1,875 PHYSICIANS, 2,971 ACTIVE MEDICAL STAFF; 3,002 PROVIDERS ALIGNED THROUGH ITS ACCOUNTABLE CARE ORGANIZATION AND CLINICALLY INTEGRATED NETWORK; 1,029 ADVANCED PRACTICE PROVIDERS; AND 4,176 NURSES. FOR THE 2021 CALENDAR YEAR, THE ATRIUM HEALTH WAKE FOREST BAPTIST SYSTEM HAD 74,456 ACUTE CARE BEDDED DISCHARGES; 224,926 EMERGENCY DEPARTMENT VISITS; 2,301,640 PHYSICIAN OFFICE VISITS; 139,673 URGENT CARE VISITS; AND 152,111 VIRTUAL CARE AND E-VISITS. NEW CLINICAL INITIATIVES INCLUDED THE ADDITION OF CONTRAST-ENHANCED MAMMOGRAPHY AT THE COMPREHENSIVE CANCER CENTER AT ATRIUM HEALTH WAKE FOREST BAPTIST MEDICAL CENTER, MAKING IT THE FIRST IN THE REGION TO OFFER THE IMAGING TECHNIQUE TO HELP BETTER DETECT BREAST CANCER; THE ADDITION OF A DA VINCI XI ROBOTIC SURGERY SYSTEM FOR MINIMALLY INVASIVE SURGERIES AT ATRIUM HEALTH WAKE FOREST BAPTIST LEXINGTON MEDICAL CENTER; AND A NEW GAMMA CAMERA AT ATRIUM HEALTH WAKE FOREST BAPTIST WILKES MEDICAL CENTER THAT USES SINGLE-PHOTON EMISSION COMPUTERIZED TOMOGRAPHY (SPECT) TO CAPTURE 3-D IMAGES TO HELP ANALYZE FUNCTION OF INTERNAL ORGANS. ATRIUM HEALTH WAKE FOREST BAPTIST AND ITS HEALTHTECH BUSINESS ENTERPRISE OPERATED THROUGH THE INNOVATION QUARTER, IQ HEALTHTECH LABS, ANNOUNCED THE FIRST COVID-19 VACCINE DRONE DELIVERY PROGRAM IN THE COUNTRY, EXPANDING AN EXISTING DRONE PROGRAM OPERATED WITH UNITED PARCEL SERVICE AND ITS SUBSIDIARY, UPS FLIGHT FORWARD. AMONG NOTABLE AWARDS AND ACCREDITATIONS ANNOUNCED DURING THE SIX-MONTH PERIOD, ATRIUM HEALTH WAKE FOREST BAPTIST'S INPATIENT REHABILITATION PROGRAM AT ATRIUM HEALTH WAKE FOREST BAPTIST MEDICAL CENTER WAS REACCREDITED FOR A PERIOD OF THREE YEARS FROM CARF INTERNATIONAL (PREVIOUSLY KNOWN AS THE COMMISSION ON ACCREDITATION OF REHABILITATION FACILITIES). THE LEAPFROG GROUP, AN INDEPENDENT, NATIONAL HEALTH CARE SAFETY AND QUALITY WATCHDOG ORGANIZATION, AWARDED ATRIUM HEALTH WAKE FOREST BAPTIST'S DAVIE, LEXINGTON, AND WILKES MEDICAL CENTERS A GRADES IN ITS FALL 2021 HOSPITAL SAFETY GRADES. LEAPFROG ALSO RECOGNIZED AHWFB DAVIE MEDICAL CENTER AS A TOP GENERAL HOSPITAL NATIONALLY AND AHWFB WILKES MEDICAL CENTER AS A TOP RURAL HOSPITAL NATIONALLY. ATRIUM HEALTH WAKE FOREST BAPTIST DAVIE MEDICAL CENTER AGAIN WAS NAMED ONE OF AMERICA'S 100 BEST HOSPITALS FOR JOINT REPLACEMENT IN 2022 BY HEALTHGRADES, A RESOURCE THAT CONNECTS CONSUMERS, PHYSICIANS AND HEALTH SYSTEMS. AHWFB DAVIE MEDICAL CENTER ALSO RECEIVED THE 2022 JOINT REPLACEMENT EXCELLENCE AWARD AND WAS A FIVE-STAR RECIPIENT IN TOTAL KNEE REPLACEMENT AND TOTAL HIP REPLACEMENT. IN OCTOBER, THE AMERICAN MEDICAL ASSOCIATION ANNOUNCED ATRIUM HEALTH AS ONE OF 44 HEALTH SYSTEMS NAMED TO THE 2021 JOY IN MEDICINE RECOGNITION PROGRAM. THIS DISTINCTION RECOGNIZES THE ATRIUM HEALTH ENTERPRISE INCLUDING THE GREATER CHARLOTTE REGION, ATRIUM HEALTH WAKE FOREST BAPTIST, ATRIUM HEALTH NAVICENT AND ATRIUM HEALTH FLOYD FOR ITS DEMONSTRATED COMMITMENT TO PRESERVING THE WELL-BEING OF HEALTH CARE TEAM MEMBERS BY ENGAGING IN PROVEN EFFORTS TO COMBAT WORK-RELATED STRESS AND BURNOUT. 2. OUTREACH ATRIUM HEALTH WAKE FOREST BAPTIST CONTINUES A BROAD-BASED EFFORT TO REACH UNDERSERVED POPULATIONS ACROSS ITS SERVICE AREA. THE MEDICAL CENTER'S ANNUAL COMMUNITY BENEFITS REPORT REFLECTS THIS COMMITMENT. FOR THE SHORT TAX YEAR THAT ENDED DECEMBER 31, 2021, ATRIUM HEALTH WAKE FOREST BAPTIST REPORTED THAT IT PROVIDED COMMUNITY BENEFITS VALUED AT $370.6 MILLION. THOSE BENEFITS SUPPORTED THESE AREAS: - CHARITY CARE - COMMUNITY HEALTH IMPROVEMENT AND OUTREACH PROGRAMS - EDUCATION AND TRAINING OF MEDICAL AND HEALTH PROFESSIONS AND CLINICAL RESEARCH - SUBSIDIZED HEALTH SERVICES AT THE DOWNTOWN HEALTH PLAZA, BETHESDA AND SOUTHSIDE HEALTH CLINICS IN WINSTON-SALEM - UNREIMBURSED COSTS OF GOVERNMENT-FUNDED PROGRAMS, PRIMARILY MEDICARE AND MEDICAID ONE ANCHOR OF OUTREACH FOR THE ATRIUM HEALTH WAKE FOREST BAPTIST MEDICAL CENTER IS ITS DOWNTOWN HEALTH PLAZA, A FULL-SERVICE, OUTPATIENT MEDICAL CLINIC THAT SERVES MANY OF FORSYTH COUNTY'S UNINSURED AND UNDERINSURED RESIDENTS WITH A STATE-OF-THE-ART MEDICAL HOME. IN ADDITION TO CLINICAL CARE, THE DOWNTOWN HEALTH PLAZA OFFERS COMMUNITY HEALTH FAIRS, DIABETES EDUCATION AND A CENTERING PREGNANCY PROGRAM THAT IS REDUCING THE INCIDENCE OF LOW BIRTH-WEIGHT BABIES. FROM JULY 1 THROUGH DECEMBER 31, 2021, 29,488 PATIENT VISITS WERE RECORDED AT THE DOWNTOWN HEALTH PLAZA, AND ANOTHER 5,938 VISITS WERE RECORDED AT WINSTON EAST PEDIATRICS, A NEARBY ATRIUM HEALTH WAKE FOREST BAPTIST CARE FACILITY SERVING THE UNINSURED AND UNDERINSURED. ATRIUM HEALTH WAKE FOREST BAPTIST'S PROGRAMS AND PARTNERSHIPS REFLECT INNOVATIVE EFFORTS, ADAPTED TO ACCOMMODATE SAFE CARE DURING THE COVID-19 PANDEMIC, TO REACH UNDERSERVED POPULATIONS. THEY INCLUDE: - REGULAR COMMUNITY-BASED HEALTH CLINICS, INCLUDING THE WEEKLY DELIVERING EQUAL ACCESS TO CARE (DEAC) CLINIC; THE MONTHLY TRIAD FREE HEALTH CLINIC AT COMMUNITY MOSQUE IN WINSTON-SALEM; AND THE ANNUAL SHARE THE HEALTH FAIR AT THE DOWNTOWN HEALTH PLAZA IN WINSTON-SALEM (TEMPORARILY SUSPENDED FOR COVID-19 PANDEMIC BUT SET TO RESUME NOVEMBER 2022). THESE CLINICS, SPONSORED BY PRIVATE ORGANIZATIONS AND CHURCHES WITH VOLUNTEER ASSISTANCE FROM ATRIUM HEALTH WAKE FOREST BAPTIST PHYSICIANS, NURSES, MEDICAL STUDENTS AND OTHERS, ATTRACT THOUSANDS OF PEOPLE TO SCREENINGS FOR ACUTE AND CHRONIC CONDITIONS. THE DEAC CLINIC, WHICH IS STUDENT-RUN AND PHYSICIAN-STAFFED, IS BASED AT THE HIGHLAND AVENUE PRIMARY CARE CLINIC IN WINSTON-SALEM. IT SERVES UNINSURED RESIDENTS OF FORSYTH, DAVIDSON, DAVIE, STOKES AND YADKIN COUNTIES FOR FREE BY APPOINTMENT ONLY EVERY MONDAY FROM 5:30 TO 9 P.M. AND OFFERS TELEHEALTH APPOINTMENTS ON A LIMITED BASIS. - FAITHHEALTHNC, AN INITIATIVE THAT CONNECTS THE CARING STRENGTHS OF CONGREGATIONS, THE CLINICAL EXPERTISE OF PROVIDERS AND A NETWORK OF COMMUNITY RESOURCES TO EASE THOSE ON THE JOURNEY TO HEALTH AND HEALING, STRENGTHENING COMMUNITIES IN THE PROCESS. 3. EDUCATIONAL MISSION AND ACCOMPLISHMENTS THE CONSTITUENT ORGANIZATIONS OF ATRIUM HEALTH WAKE FOREST BAPTIST OPERATE A BROAD RANGE OF EDUCATIONAL PROGRAMS, GRADUATING SKILLED PRACTITIONERS. ATRIUM HEALTH WAKE FOREST BAPTIST AND WAKE FOREST UNIVERSITY SCHOOL OF MEDICINE ATTRACT SOME OF THE WORLD'S MOST COMPETITIVE MEDICAL STUDENTS, RESIDENTS AND FELLOWS, AS WELL AS STUDENTS IN CLINICAL PASTORAL CARE, NURSE ANESTHESIA AND OTHER AREAS. IN JULY 2021, THE WAKE FOREST UNIVERSITY SCHOOL OF MEDICINE AND ATRIUM HEALTH ANNOUNCED THAT THEY HAD RECEIVED THE NEEDED ACCREDITATION APPROVAL FROM THE LIAISON COMMITTEE ON MEDICAL EDUCATION OF THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS COMMISSION ON COLLEGES TO PROCEED WITH PHASED PLANS TO OPEN IN 2022 AN INSTRUCTIONAL SITE IN CHARLOTTE, NORTH CAROLINA, FOR YEARS THREE AND FOUR OF THE MEDICAL SCHOOL'S CURRICULUM. THE APPROVAL MARKED A MILESTONE IN THE PROCESS TOWARD THE ESTABLISHMENT OF A NEW, SECOND CAMPUS OF THE WAKE FOREST UNIVERSITY SCHOOL OF MEDICINE IN CHARLOTTE, PLANNED FOR 2024. IN AUGUST 2021, THE WAKE FOREST UNIVERSITY SCHOOL OF MEDICINE WELCOMED 145 MD STUDENTS CHOSEN FROM AMONG 10,868 APPLICANTS FOR THE CLASS OF 2025. IN THE MOST RECENT NATIONAL RANKINGS ISSUED BY U.S. NEWS & WORLD REPORT, THE SCHOOL'S PHYSICIAN ASSISTANT PROGRAM REMAINED NO. 7 AND THE NURSE ANESTHESIA PROGRAM REMAINED NO. 10. |
| FORM 990, PART III, LINE 4C | FOR FISCAL YEAR 2021, ATRIUM HEALTH WAKE FOREST BAPTIST PROVIDED $125.3 MILLION IN EDUCATION FUNDING FOR MEDICAL STUDENTS AND OTHER HEALTH CARE PROFESSIONALS AND IN RESEARCH FUNDING NOT COVERED BY OUTSIDE SOURCES. SUCH INVESTMENTS SUPPORT THE TRAINING OF HUNDREDS OF STUDENTS. AS OF DECEMBER 31, 2021, THOSE INCLUDED 570 MD STUDENTS, 753 PHYSICIAN RESIDENTS AND FELLOWS, 422 GRADUATE STUDENTS, 174 PHYSICIAN ASSISTANT STUDENTS, 45 STUDENTS IN THE NURSE ANESTHESIA MASTER'S PROGRAM, 41 STUDENTS PURSUING THE DOCTOR OF NURSING PRACTICE DEGREE (26 IN THE ONLINE PROGRAM AND 15 PURSUING THE DUAL DNP AND NURSE ANESTHESIA DEGREE), AND 21 PASTORAL CARE CHAPLAIN RESIDENTS, FELLOWS AND INTERNS. IN ADDITION, 124 STUDENTS WERE ENROLLED IN THE VIRGINIA TECH-WAKE FOREST UNIVERSITY SCHOOL OF BIOMEDICAL ENGINEERING AND SCIENCES, WITH 67 OF THOSE ON THE WAKE FOREST CAMPUS. DURING THE FINAL SIX MONTHS OF 2021, THE NORTHWEST AREA HEALTH EDUCATION CENTER, PART OF WAKE FOREST UNIVERSITY SCHOOL OF MEDICINE, OFFERED 1,219 CONTINUING PROFESSIONAL DEVELOPMENT ACTIVITIES FOR PRACTICING HEALTH CARE PROFESSIONALS THAT DREW 22,962 PARTICIPANTS FROM THROUGHOUT THE REGION. |
| FORM 990, PART VI, SECTION A, LINE 2 | BRADLEY CLARK AND TERRY WILLIAMS, OFFICERS OF THE FILING ORGANIZATION, HAD A BUSINESS RELATIONSHIP DURING THE SHORT YEAR. |
| FORM 990, PART VI, SECTION A, LINE 3 | EFFECTIVE JULY 1, 2010, THE GOVERNING BOARDS OF THE FILING ORGANIZATION ("WFUHS"), WAKE FOREST UNIVERSITY ("THE UNIVERSITY"), NORTH CAROLINA BAPTIST HOSPITAL ("NCBH," AN ENTITY UNRELATED TO THE UNIVERSITY AND WFUHS), AND WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER ("WFUBMC") APPROVED A MEDICAL CENTER INTEGRATION AGREEMENT ("MCIA") WHEREBY AN INTEGRATED ACADEMIC MEDICAL CENTER (COLLECTIVELY, "THE MEDICAL CENTER") WAS CREATED THAT COMBINED CLINICAL CARE, MEDICAL EDUCATION AND RESEARCH ACTIVITIES CONDUCTED BY THOSE PARTIES AND THEIR RESPECTIVE SUBSIDIARY ENTITIES, UNDER THE DELEGATED OPERATIONAL MANAGEMENT AND OVERSIGHT OF WFUBMC (ITSELF A NORTH CAROLINA NONPROFIT CORPORATION WHOSE TWO EQUAL MEMBERS WERE THEN THE UNIVERSITY AND NCBH). EFFECTIVE ON OCTOBER 9, 2020 AND PURSUANT TO A HEALTH SYSTEM INTEGRATION AGREEMENT AMONG THE UNIVERSITY, WFUBMC, WFUHS, NCBH, AND THE CHARLOTTE-MECKLENBURG HOSPITAL AUTHORITY ("CMHA," A NORTH CAROLINA HOSPITAL AUTHORITY THAT OPERATES A MULTI-STATE INTEGRATED HEALTHCARE SYSTEM IN THE SOUTHEASTERN UNITED STATES), THE MEDICAL CENTER AND CMHA BECAME PARTICIPANTS IN A SINGLE, INTEGRATED HEALTHCARE DELIVERY AND ACADEMIC SYSTEM (THE "ENTERPRISE") MANAGED AND OVERSEEN BY ATRIUM HEALTH, INC. ("ATRIUM"), A NEW JOINT OPERATING COMPANY WITHOUT MEMBERS WHOSE 16-PERSON BOARD OF DIRECTORS (THE "ATRIUM BOARD") IS COMPRISED INITIALLY OF 13 CMHA DESIGNEES AND THREE MEDICAL CENTER DESIGNEES; THE MCIA WAS AMENDED TO INCLUDE ATRIUM AS A THIRD MEMBER OF WFUBMC AND TO RECONSTITUTE THE WFUBMC BOARD TO INCLUDE 17 VOTING DIRECTORS OF WHOM THE UNIVERSITY DESIGNATES SIX, NCBH DESIGNATES SIX, ATRIUM DESIGNATES THREE, AND THE WFUBMC BOARD ELECTS TWO; AND THE MEDICAL CENTER (INCLUDING WFUHS AND THE SCHOOL OF MEDICINE) WAS ESTABLISHED AS THE ACADEMIC CORE OF THE ENTERPRISE RESPONSIBLE FOR ITS ACADEMIC AND RESEARCH ACTIVITIES. UNDER THIS ARRANGEMENT, EACH ENTERPRISE PARTICIPANT (AND ITS AFFILIATES) MAINTAINS ITS SEPARATE LEGAL EXISTENCE AND CONTINUES TO OWN ITS ASSETS AND RETAIN ALL POWER, AUTHORITIES, RIGHTS AND REMEDIES NECESSARY OR APPROPRIATE TO ALLOW IT TO COMPLY WITH ITS PRE-EXISTING DEBT INSTRUMENTS. WFUBMC AND CMHA DELEGATED AUTHORITY TO ATRIUM TO MANAGE AND OVERSEE THEIR ACTIVITIES AND OPERATIONS, SUBJECT TO THE AUTHORITY OF THE UNIVERSITY, WFUHS, AND WFUBMC OVER ACADEMIC AND RESEARCH MATTERS, THE EXERCISE OF CERTAIN RESERVED POWERS, AND THE CARRYING OUT OF CERTAIN RESPONSIBILITIES BY THE WFUBMC BOARD AND THE CMHA BOARD OF COMMISSIONERS. THE RESERVED POWERS OF EACH ENTERPRISE PARTICIPANT INCLUDE THE POWER TO APPROVE A CHANGE IN ITS FUNDAMENTAL BUSINESS OR MISSION AND, SUBJECT TO THE ATRIUM BOARD'S APPROVAL, TO DEVELOP ITS STRATEGIC PLANS (WHICH WILL BE GENERALLY CONSISTENT WITH THOSE OF THE ENTIRE ENTERPRISE) AND ITS CAPITAL AND OPERATING BUDGETS. THE SCHOOL OF MEDICINE CONTINUES AS AN ACADEMIC UNIT OWNED AND OPERATED BY THE UNIVERSITY THROUGH WFUHS. THE EXECUTIVE VICE PRESIDENT FOR HEALTH AFFAIRS IS AN OFFICER OF THE UNIVERSITY, AND CONCURRENTLY HOLDS APPOINTMENTS AS THE CHIEF EXECUTIVE OFFICER AND THE CHIEF ACADEMIC OFFICER ("CAO") OF WFUBMC AND THE ENTERPRISE. THE CAO REPORTS EXCLUSIVELY TO THE UNIVERSITY PRESIDENT ON SCHOOL OF MEDICINE-RELATED ACADEMIC MATTERS AND THE PRESIDENT MUST CONSENT TO THE APPOINTMENT OF THE DEAN OF THE SCHOOL OF MEDICINE BY THE CAO. THE UNIVERSITY, GENERALLY THROUGH THE SCHOOL OF MEDICINE, CONTINUES TO BE RESPONSIBLE FOR, AND HAVE THE AUTHORITY REGARDING, ALL ACADEMIC FUNCTIONS OF THE SCHOOL OF MEDICINE. AS SUCH, THE UNIVERSITY CONTINUES TO HOLD AND EXERCISE, AT MINIMUM, THE DEGREE OF ACADEMIC AND ACADEMICALLY-RELATED ADMINISTRATIVE AUTHORITY OVER WFUBMC, THE SCHOOL OF MEDICINE, AND WFUHS THAT THE UNIVERSITY EXERCISED PRIOR TO THE CREATION OF THE ENTERPRISE. IN ADDITION TO FORMING A UNIFIED HEALTH SYSTEM, A SECOND CAMPUS OF THE SCHOOL OF MEDICINE WILL BE ESTABLISHED IN CHARLOTTE, NORTH CAROLINA, WHICH WILL BE AFFILIATED WITH ATRIUM AND IS SCHEDULED TO OPEN TO FIRST-YEAR M.D. STUDENTS IN COMING YEARS. THE ADDITION OF THE SECOND CAMPUS IS EXPECTED TO APPROXIMATELY DOUBLE THE ENROLLMENT OF THE SCHOOL OF MEDICINE. |
| FORM 990, PART VI, SECTION A, LINE 4 | THE FILING ORGANIZATION'S BYLAWS WERE AMENDED EFFECTIVE JULY 1, 2021 TO CHANGE THE FILING ORGANIZATION'S FISCAL YEAR FROM ONE ENDING JUNE 30 TO ONE ENDING DECEMBER 31. |
| FORM 990, PART VI, SECTION A, LINE 6 | WAKE FOREST UNIVERSITY IS THE SOLE MEMBER OF THE FILING ORGANIZATION. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE DIRECTORS OF THE FILING ORGANIZATION ARE ELECTED BY THE BOARD OF TRUSTEES OF ITS SOLE MEMBER, WAKE FOREST UNIVERSITY. |
| FORM 990, PART VI, SECTION A, LINE 7B | DECISIONS OF THE FILING ORGANIZATION'S GOVERNING BODY WHICH REQUIRE APPROVAL BY THE ORGANIZATION'S SOLE MEMBER, WAKE FOREST UNIVERSITY, INCLUDE AMENDMENTS TO CERTAIN FUNDAMENTAL DOCUMENTS (ARTICLES OF INCORPORATION AND BYLAWS); ACADEMIC APPOINTMENT OF FACULTY, GRANT OF TENURE AND DISMISSAL; AND DISSOLUTION. THE DISPOSITION OF CERTAIN REAL PROPERTY OF THE FILING ORGANIZATION IS SUBJECT TO THE APPROVAL OF THE CHAIR AND VICE CHAIR OF THE BOARD OF WFUBMC. NOTWITHSTANDING THE FILING ORGANIZATION'S PARTICIPATION IN THE HEALTH SYSTEM INTEGRATION AMONG ITS PARENT ENTITY (WAKE FOREST UNIVERSITY), WFUBMC, NCBH, AND CMHA DESCRIBED IN THE NARRATIVE RESPONSE ON SCHEDULE O TO THE EXPLANATION REGARDING PART VI, SECTION A, LINE 3, WHEREBY THE FILING ORGANIZATION BECAME A PART OF A SINGLE, INTEGRATED HEALTHCARE DELIVERY AND ACADEMIC SYSTEM (THE "ENTERPRISE") MANAGED AND OVERSEEN BY ATRIUM HEALTH, INC., SIGNIFICANT AUTHORITY OVER GOVERNANCE DECISIONS REGARDING THE ACADEMIC OPERATIONS OF THE WAKE FOREST UNIVERSITY SCHOOL OF MEDICINE AND ITS PROGRAMS AND FACULTY WAS RETAINED IN THE FILING ORGANIZATION AND ITS PARENT AS SUMMARIZED IN THAT NARRATIVE RESPONSE. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FILING ORGANIZATION'S BOARD OF DIRECTORS RECEIVES A COPY OF THE FORM 990 WITH SUFFICIENT TIME TO PERMIT REVIEW AND COMMENT PRIOR TO ITS FILING. IF MODIFICATIONS ARE REQUIRED FOLLOWING SUCH REVIEW AND COMMENT, THE REVISED FORM 990 IS REDISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO ITS FILING WITH THE IRS, ALONG WITH A REPORT NOTING THE MODIFICATIONS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION REQUIRES OFFICERS AND KEY EMPLOYEES TO ANNUALLY REVIEW THE CONFLICT OF INTEREST POLICY AND DETERMINE ANY POTENTIAL CONFLICTS OF INTEREST. ANY POTENTIAL CONFLICTS NOTED IN THE QUESTIONNAIRE ARE REVIEWED BY A STANDING COMMITTEE FOR APPROPRIATE RESOLUTION. ALL MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO DETERMINE AND REPORT ANNUALLY, AND AS THEY ARISE, ANY POTENTIAL CONFLICTS OF INTEREST TO THE SECRETARY OF THE BOARD OF DIRECTORS. THE RESOLUTION OF POTENTIAL AND ACTUAL CONFLICTS IS SUBJECT TO THE APPROVAL OF THE CHAIR OF THE BOARD AND IS REPORTED TO THE CHAIR OF THE AUDIT & COMPLIANCE COMMITTEE OF THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 15 | AS MOST OF THE OFFICERS AND OTHER SENIOR EXECUTIVES OF THE FILING ORGANIZATION HOLD IDENTICAL OFFICES OR POSITIONS IN WFUBMC (AND IN NCBH), THE DETERMINATION OF THE COMPENSATION OF SUCH INDIVIDUALS IS CONDUCTED VIA THE PROCESS UTILIZED BY THE WFUBMC BOARD, AS FOLLOWS: THROUGH AN AMENDMENT OF THE WFUBMC BYLAWS, A SENIOR EXECUTIVE COMPENSATION COMMITTEE (THE "COMMITTEE") OF THE WFUBMC BOARD WAS CREATED; IT IS COMPRISED OF THE MEMBERS OF THE ATRIUM HEALTH INC. DIVERSITY, INCLUSION AND COMPENSATION COMMITTEE. THE COMMITTEE HAS AND EXERCISES SUCH AUTHORITY AS THE [WFUBMC] BOARD DELEGATES TO IT, INCLUDING THE REVIEW AND APPROVAL OF SENIOR EXECUTIVE COMPENSATION, INCLUDING SENIOR EXECUTIVE INCENTIVE PLANS AND ANY DEVIATIONS THEREFROM; AND THE REVIEW OF, AND ADVICE TO THE CEO REGARDING, THE RECRUITMENT OF THE FILING ORGANIZATION'S SENIOR EXECUTIVES. NO MEMBER OF THE COMMITTEE IS AN EMPLOYEE OF WFUBMC OR OF THE FILING ORGANIZATION. THE COMMITTEE RELIES UPON AN EXTERNAL, INDEPENDENT COMPENSATION CONSULTANT EXPERIENCED IN HEALTHCARE TO PROVIDE THE COMMITTEE WITH COMPENSATION COMPARABILITY DATA FOR NEW EXECUTIVE POSITION APPOINTMENTS AND FOR COMPENSATION REVIEWS FOR EXISTING EXECUTIVES. THE CONSULTANT, WHICH IS RETAINED DIRECTLY BY THE COMMITTEE, PROVIDES THIRD-PARTY INFORMATION AND EVALUATES THE COMPETITIVENESS AND REASONABLENESS OF EXECUTIVE COMPENSATION AND BENEFITS PROGRAMS IN RELATION TO MARKET PRACTICES FOR SIMILARLY-SITUATED NONPROFIT HEALTHCARE ORGANIZATIONS. THE COMMITTEE MAKES ITS DECISIONS WITH RESPECT TO EXECUTIVE COMPENSATION IN ACCORDANCE WITH WFUBMC AND FILING ORGANIZATION POLICIES, IRS REGULATIONS, AND STANDARD CORPORATE GOVERNANCE PRACTICES. SUCH POLICIES INCLUDE ADHERENCE TO: BOARD-ESTABLISHED EXECUTIVE COMPENSATION PHILOSOPHY AND REVIEW PROCESSES; PROCESSES ENSURING COMMITTEE MEMBER AND COMPENSATION CONSULTANT INDEPENDENCE; USE OF VALID MARKET COMPARISONS OF DATA FROM PEER ACADEMIC MEDICAL CENTERS OF SIMILAR ORGANIZATIONS OF SIMILAR STRUCTURE, SIZE, AND COMPLEXITY; CAREFUL DOCUMENTATION OF ALL COMPENSATION DECISIONS; AND ESTABLISHMENT OF THE REBUTTABLE PRESUMPTION OF REASONABLENESS, PER IRS GUIDELINES. MINUTES OF THE DELIBERATIONS OF THE COMMITTEE ARE CONTEMPORANEOUSLY MAINTAINED AND THAT COMPARABILITY DATA IS MAINTAINED IN THE WFUBMC AND FILING ORGANIZATION'S OFFICE OF EXECUTIVE COMPENSATION SERVICES. IN THE EVENT THAT A MEMBER OF THE COMMITTEE HAS A CONFLICT OF INTEREST RELATED TO EXECUTIVE APPOINTMENT OR COMPENSATION, THAT MEMBER DOES NOT PARTICIPATE IN THE DELIBERATION OR APPROVAL OF APPOINTMENT OR COMPENSATION AND SUCH ABSTENTION IS NOTED IN THE COMMITTEE'S MEETING MINUTES. (NOTE THAT FOUR OF THE FILING ORGANIZATION'S OFFICERS OR FORMER OFFICERS ARE COMPENSATED BY A RELATED ORGANIZATION (WAKE FOREST UNIVERSITY) OF THE FILING ORGANIZATION, AND THEIR COMPENSATION IS REVIEWED AND APPROVED IN ACCORDANCE WITH THAT RELATED ORGANIZATION'S SIMILAR PROCEDURES.) |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S ARTICLES OF INCORPORATION ARE AVAILABLE TO THE PUBLIC ON REQUEST AND ARE AVAILABLE ON THE WEBSITE OF THE NORTH CAROLINA SECRETARY OF STATE. THE ORGANIZATION'S BYLAWS ARE NOT PUBLISHED, BUT PROVISIONS FROM THE BYLAWS ARE INCLUDED AS NECESSARY IN THE ORGANIZATION'S POLICIES, AND ARE ATTACHED TO THE FORM 1023 FILED FOR THE ORGANIZATION WITH THE IRS, WHICH IS PUBLICLY AVAILABLE. THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON REQUEST. |
| PART VII, SECTION A, COLUMN B - HOURS | DONALD E. FLOW FILING ORG 3.0 RELATED ORG 8.0 DONNA A. BOSWELL, PHD FILING ORG 2.0 RELATED ORG 9.0 JAMES R. HELVEY, III FILING ORG 2.0 BRENDA CLINE FILING ORG 2.0 MATTHEW A. KING FILING ORG 2.0 RELATED ORG 10.0 CHARLES BRANCH, MD FILING ORG 38.0 UNRELATED ORG 2.0 ANN S. HANES FILING ORG 2.0 ADELAIDE A. SINK FILING ORG 2.0 RELATED ORG 4.0 ERIC EUBANK FILING ORG 2.0 RELATED ORG 4.0 JANICE STORY FILING ORG 2.0 RELATED ORG 3.0 MATTHEW CRAWFORD FILING ORG 2.0 RELATED ORG 3.0 A. DALE JENKINS FILING ORG 2.0 CATHY WALL THOMAS, MD FILING ORG 2.0 RELATED ORG 3.0 JOHN M. VANN FILING ORG 4.0 RELATED ORG 8.0 JULIE A. FREISCHLAG, MD FILING ORG 15.7 RELATED ORG 7.6 UNRELATED ORG 16.7 J. REID MORGAN FILING ORG 8.0 RELATED ORG 29.0 UNRELATED ORG 3.0 ANITA M. CONRAD FILING ORG 12.0 RELATED ORG 27.0 UNRELATED ORG 1.0 TERRY L. HALES JR. FILING ORG 35.2 RELATED ORG 4.8 KAREN H. HUEY FILING ORG 3.8 RELATED ORG 5.0 UNRELATED ORG 31.2 TERRY G. WILLIAMS FILING ORG 1.0 RELATED ORG 4.3 UNRELATED ORG 34.7 KEVIN P. HIGH, MD FILING ORG 5.8 RELATED ORG 20.5 UNRELATED ORG 13.7 BRADLEY A. CLARK FILING ORG 1.0 RELATED ORG 4.3 UNRELATED ORG 34.7 WILLIAM D. SHOWALTER FILING ORG 5.0 RELATED ORG 20.0 UNRELATED ORG 15.0 LISA M. MARSHALL FILING ORG 10.5 RELATED ORG 20.0 UNRELATED ORG 9.5 ANTHONY ATALA, MD FILING ORG 39.5 RELATED ORG 0.5 EDWARD KINCAID, MD FILING ORG 40.0 KENNETH LENNON, MD FILING ORG 40.0 PETE CARLSON FILING ORG 2.0 JOHN D. MCCONNELL, MD FILING ORG 0.0 RELATED ORG 40.0 L. ANDREW KOMAN, MD FILING ORG 38.0 UNRELATED ORG 2.0 STEPHAN L. LILLIE FILING ORG 9.7 RELATED ORG 11.0 UNRELATED ORG 19.3 SUSAN R. WENTE, PHD FILING ORG 3.0 RELATED ORG 36.0 UNRELATED ORG 1.0 A MEDICAL CENTER INTEGRATION AGREEMENT ("MCIA") WAS ORIGINALLY ENTERED INTO IN 2010 AMONG FOUR PARTIES: WAKE FOREST UNIVERSITY ("WFU"), WAKE FOREST UNIVERSITY HEALTH SCIENCES ("WFUHS"), WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER ("WFUBMC"), AND NORTH CAROLINA BAPTIST HOSPITAL ("NCBH"). PURSUANT TO THE TERMS OF THE ORIGINAL MCIA, THE OPERATION OF WFUHS AND NCBH, AND ALL OF THE RESPECTIVE SUBSIDIARIES OF EACH, IS DELEGATED TO WFUBMC. ADDITIONALLY, THE CORPORATE OFFICERS OF WFUBMC GENERALLY SERVE AS THE CORPORATE OFFICERS OF WFUHS AND NCBH. THE MCIA WAS REVISED AND RESTATED IN 2020 TO DELEGATE OVERSIGHT AND MANAGEMENT AUTHORITY OVER WFUBMC TO ATRIUM HEALTH, INC. ("AHI"). CERTAIN DIRECTORS AND/OR CORPORATE OFFICERS OF WFUHS, NCBH, & WFUBMC ALSO SERVE AS DIRECTORS OR CORPORATE OFFICERS OF AHI AND/OR OF WFU. WFU AND WFUBMC ARE ORGANIZATIONS RELATED TO THE FILING ORGANIZATION. NCBH AND AHI ARE ORGANIZATIONS UNRELATED TO THE FILING ORGANIZATION. THUS, CERTAIN DIRECTORS AND OFFICERS OF THE FILING ORGANIZATION DEVOTE HOURS TO RELATED ORGANIZATIONS (WFU AND WFUBMC) AND THEIR SUBSIDIARIES AND/OR TO UNRELATED ORGANIZATIONS (NCBH AND AHI) AND THEIR SUBSIDIARIES AS SHOWN IN THE BREAKDOWN OF HOURS ABOVE. |
| FORM 990, PART XI, LINE 9: | EQUITY METHOD AFFILIATES 15,110,080. ACTUARIAL GAIN 922,268. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (8 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| BRF-A1A LLC | |||||||||
| MEDICAL CENTER BOULEVARD | WINSTON SALEM | NC | 27157 | 203073357 | REAL ESTATE HOLDING COMPANY | NC | $284,990 | $316,197 | WAKE FOREST UNIV HEALTH SCIENCES |
| WFIQ HOLDINGS LLC | |||||||||
| MEDICAL CENTER BOULEVARD | WINSTON SALEM | NC | 27157 | 050549344 | REAL ESTATE HOLDING COMPANY | NC | $1,088,493 | $77,697,350 | WAKE FOREST UNIV HEALTH SCIENCES |
| SEED STAGE ASSOCIATES LLC | |||||||||
| 200 EAST FIRST ST SUITE 101 | WINSTON SALEM | NC | 27101 | 651198831 | TECHNOLOGY TRANSFER & LICENSING OF INTELLECTUAL PROPERTY | NC | $0 | $0 | WAKE FOREST UNIV HEALTH SCIENCES |
| BRF DECK 1 LLC | |||||||||
| MEDICAL CENTER BOULEVARD | WINSTON SALEM | NC | 27157 | 861123819 | REAL ESTATE HOLDING COMPANY | NC | $0 | $0 | WAKE FOREST UNIV HEALTH SCIENCES |
| BRF-A1 LLC | |||||||||
| MEDICAL CENTER BOULEVARD | WINSTON SALEM | NC | 27157 | 861123822 | REAL ESTATE HOLDING COMPANY | NC | $0 | $286,789 | WAKE FOREST UNIV HEALTH SCIENCES |
| WFIQ HOLDINGS II LLC | |||||||||
| MEDICAL CENTER BOULEVARD | WINSTON SALEM | NC | 27157 | 271917927 | REAL ESTATE HOLDING COMPANY | NC | $0 | $0 | WAKE FOREST UNIV HEALTH SCIENCES |
| WFIQ HOLDINGS III LLC | |||||||||
| MEDICAL CENTER BOULEVARD | WINSTON SALEM | NC | 27157 | 271918085 | REAL ESTATE HOLDING COMPANY | NC | $0 | $2,037,871 | WAKE FOREST UNIV HEALTH SCIENCES |
| PARK IMP 1 LLC | |||||||||
| MEDICAL CENTER BOULEVARD | WINSTON SALEM | NC | 27157 | 272070963 | REAL ESTATE HOLDING COMPANY | NC | $0 | $0 | WAKE FOREST UNIV HEALTH SCIENCES |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (13 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER | |||||||||||
| MEDICAL CENTER BOULEVARD | WINSTON SALEM | NC | 27157 | 510190238 | FACILITATE THE CARRYING OUT OF THE FUNCTIONS AND PURPOSES OF WFUHS & NCBH | NC | 501(C)(3) | LINE 12A, I | N/A | 0 | |
| WAKE FOREST UNIVERSITY HEALTH SCIENCES GROUP RETURN | |||||||||||
| MEDICAL CENTER BOULEVARD | WINSTON SALEM | NC | 27157 | 900222618 | HEALTHCARE | NC | 501(C)(3) | LINE 12A, I | Yes (1) | WAKE FOREST UNIV HEALTH SCIENCES | |
| WAKE FOREST EMERGENCY PROVIDERS | |||||||||||
| MEDICAL CENTER BOULEVARD | WINSTON SALEM | NC | 27157 | 561903275 | HEALTHCARE | NC | 501(C)(3) | LINE 3 | Yes (1) | WAKE FOREST UNIV HEALTH SCIENCES | |
| CHILDRESS INSTITUTE FOR PEDIATRIC TRAUMA | |||||||||||
| 575 N PATTERSON STREET | WINSTON SALEM | NC | 27101 | 463674691 | HEALTHCARE RESEARCH | NC | 501(C)(3) | LINE 7 | Yes (1) | WAKE FOREST UNIV HEALTH SCIENCES | |
| REGENMED DEVELOPMENT ORGANIZATION | |||||||||||
| MEDICAL CENTER BOULEVARD | WINSTON SALEM | NC | 27157 | 202710571 | HEALTHCARE RESEARCH | NC | 501(C)(3) | LINE 7 | Yes (1) | WAKE FOREST UNIV HEALTH SCIENCES | |
| WAKE FOREST UNIVERSITY DEVELOPMENT FOUNDATION | |||||||||||
| PO BOX 7201 | WINSTON SALEM | NC | 27109 | 562038194 | MANAGEMENT/SALE OF CHARITABLE REAL PROPERTY GIFTS | NC | 501(C)(3) | LINE 12A, I | 0 | WAKE FOREST UNIVERSITY | |
| REYNOLDA HOUSE INC | |||||||||||
| POBOX 7287 | WINSTON SALEM | NC | 27109 | 560810676 | MUSEUM OF AMERICAN ART | NC | 501(C)(3) | LINE 7 | 0 | WAKE FOREST UNIVERSITY | |
| WAKE FOREST UNIVERSITY FOUNDATION | |||||||||||
| PO BOX 7201 | WINSTON SALEM | NC | 27109 | 562038193 | REAL ESTATE HOLDING AND MANAGEMENT | NC | 501(C)(3) | LINE 12A, I | 0 | WAKE FOREST UNIVERSITY | |
| WAKE FOREST INNOVATION QUARTER MANAGEMENT CO | |||||||||||
| MEDICAL CENTER BOULEVARD | WINSTON SALEM | NC | 27157 | 061818498 | RESEARCH PARK DEVELOPMENT | NC | 501(C)(3) | LINE 12A, I | Yes (1) | WAKE FOREST UNIV HEALTH SCIENCES | |
| WAKE FOREST INNOVATION QUARTER DEVELOPMENT CO | |||||||||||
| MEDICAL CENTER BOULEVARD | WINSTON SALEM | NC | 27157 | 562094067 | RESEARCH PARK DEVELOPMENT | NC | 501(C)(6) | Yes (1) | WAKE FOREST UNIV HEALTH SCIENCES | ||
| WAKE FOREST INNOVATION QUARTER CDC | |||||||||||
| MEDICAL CENTER BOULEVARD | WINSTON SALEM | NC | 27157 | 200177581 | RESEARCH PARK DEVELOPMENT | NC | 501(C)(3) | LINE 12A, I | Yes (1) | WAKE FOREST UNIV HEALTH SCIENCES | |
| MEDICAL FOUNDATION OF WFUHS & NCBH | |||||||||||
| MEDICAL CENTER BOULEVARD | WINSTON SALEM | NC | 27157 | 566036688 | SUPPORTING ORGANIZATION | NC | 501(C)(3) | LINE 12A, I | N/A | 0 | |
| WAKE FOREST UNIVERSITY | |||||||||||
| PO BOX 7201 | WINSTON SALEM | NC | 27109 | 560532138 | UNIVERSITY | NC | 501(C)(3) | LINE 2 | N/A | 0 | |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Predominant Income TypePredominantIncomeTypeTxt | Share Of EOY AssetsShareOfEOYAssetsAmt | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd | OwnershipOwnershipPct | Direct Controlling NADirectControllingNACd | Share Of Total IncomeShareOfTotalIncomeAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| VERGER FUND II LLC | ||||||||||||||
| 751 W FOURTH STREET STE 410 | WINSTON SALEM | NC | 27101 | 352514227 | INVESTMENT | NC | WAKE FOREST UNIVERSITY HEALTH SCIENCES | EXCLUDED | $379,064,971 | 0 | 0 | 0.71320 | ||
| VERGER CAPITAL FUND LLC | ||||||||||||||
| 751 W FOURTH STREET STE 410 | WINSTON SALEM | NC | 27101 | 464027021 | INVESTMENT | NC | 0 | 0 | N/A | |||||
| VERGER CAPITAL MANAGEMENT LLC | ||||||||||||||
| 751 W FOURTH STREET STE 410 | WINSTON SALEM | NC | 27101 | 464037343 | INVESTMENT | NC | 0 | 0 | N/A | |||||
| WAKE FOREST TECHNOLOGY DEVELOPMENT PROGRAM LP | ||||||||||||||
| 2520 MERIDIAN PARKWAY | DURHAM | NC | 27713 | 475437596 | INVESTMENT | NC | WAKE FOREST UNIVERSITY HEALTH SCIENCES | EXCLUDED | 0 | 0 | 0.99000 | |||
| WAKE FOREST AMBULATORY VENTURES LLC | ||||||||||||||
| MEDICAL CENTER BOULEVARD | WINSTON SALEM | NC | 27157 | 820777206 | HEALTHCARE | NC | WAKE FOREST UNIVERSITY HEALTH SCIENCES | EXCLUDED | $1,221,336 | 0 | 0 | 0.80000 | $1,270,597 | |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd | EINEIN | Direct Controlling NADirectControllingNACd | Entity TypeEntityTypeTxt |
|---|---|---|---|---|---|---|---|---|---|---|
| CHARITABLE REMAINDER TRUSTS (3) | ||||||||||
| MEDICAL CENTER BOULEVARD | WINSTON SALEM | NC | 27157 | INVESTMENT | NC | WAKE FOREST UNIVERSITY HEALTH SCIENCES | 0 | |||
| NORTH DISTRICT OWNERS ASSOCIATION | ||||||||||
| MEDICAL CENTER BOULEVARD | WINSTON SALEM | NC | 27157 | PROPERTY OWNERS ASSOCIATION | NC | 0 | 471128865 | N/A | C | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (1) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (1) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (1) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (11 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| WAKE FOREST UNIVERSITY HEALTH SCIENCES GROUP RETURN | ||
| N | $1,126,148 | FMV |
| WAKE FOREST UNIVERSITY HEALTH SCIENCES GROUP RETURN | ||
| L | $445,996 | COST |
| WAKE FOREST UNIVERSITY HEALTH SCIENCES GROUP RETURN | ||
| P | $353,209 | COST |
| WAKE FOREST UNIVERSITY HEALTH SCIENCES GROUP RETURN | ||
| S | $9,990,259 | FMV |
| REGENMED DEVELOPMENT ORGANIZATION | ||
| Q | $827,503 | COST |
| THE MEDICAL FOUNDATION OF WAKE FOREST UNIVERSITY HEALTH SCIENCES AND NCBH | ||
| P | $338,932 | COST |
| THE MEDICAL FOUNDATION OF WAKE FOREST UNIVERSITY HEALTH SCIENCES AND NCBH | ||
| R | $150,751 | COST |
| WAKE FOREST AMBULATORY VENTURES LLC | ||
| A | $169,478 | COST |
| WAKE FOREST EMERGENCY PROVIDERS | ||
| P | $6,736,406 | COST |
| WAKE FOREST EMERGENCY PROVIDERS | ||
| S | $942,667,475 | COST |
| WFIQ MANAGEMENT CO | ||
| R | $2,368,974 | COST |
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