FURP.ORG / PUBLIC DATA EXPLORER

ANC HEALTHCARE INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
ANC HEALTHCARE INC (EIN 58-1450888)
Tax period
2019-10-01 to 2020-09-30
Filed
2021-08-16
IRS object ID
202132289349301758
Schema version
2019v5.2
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 ReturnHeader

FieldValueIRS element (for citing)
Return2021-08-16T09:08:16-05:00ReturnTs
Tax Period End2020-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN366055558PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GRANT THORNTON LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11415 VANTAGE PARK DRIVE SUITE 500AddressLine1Txt
CityCHARLOTTECityNm
State AbbreviationNCStateAbbreviationCd
ZIP28203ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN581450888EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ANC HEALTHCARE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlANCHBusinessNameControlTxt
Phone8475831618PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1425 W NEW ENGLAND AVE SUITE 300AddressLine1Txt
CityWINTER PARKCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32789ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMATTHEW RUBINPersonNm
Person TitleCFOPersonTitleTxt
Phone8475832804PhoneNum
Signature2021-08-16SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHELE N MELCHIORPreparerPersonNm
PTINP00488037PTIN
Phone7046323500PhoneNum
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMATTHEW RUBINPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1425 W NEW ENGLAND AVE SUITE 300AddressLine1Txt
CityWINTER PARKCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32789ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$73,104,120GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1981FormationYr
Legal Domicile StateNCLegalDomicileStateCd
Activity Or MissionSEE FORM 990, PART III, LINE 1.ActivityOrMissionDesc
Contract TerminationYes (X)ContractTerminationInd
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers7TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$567,562PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$31,368,626PYProgramServiceRevenueAmt
CY Program Service Revenue$10,703,057CYProgramServiceRevenueAmt
PY Investment Income$40,725,061PYInvestmentIncomeAmt
CY Investment Income$1,407,639CYInvestmentIncomeAmt
PY Other Revenue-$169,084PYOtherRevenueAmt
CY Other Revenue$4,331,431CYOtherRevenueAmt
PY Total Revenue$72,492,165PYTotalRevenueAmt
CY Total Revenue$16,442,127CYTotalRevenueAmt
PY Grants And Similar Paid$3,564,221PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$653,495,811CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$170,747,317PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses-$131,592,693PYOtherExpensesAmt
CY Other Expenses$14,328,765CYOtherExpensesAmt
PY Total Expenses$42,718,845PYTotalExpensesAmt
CY Total Expenses$667,824,576CYTotalExpensesAmt
PY Revenues Less Expenses$29,773,320PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$651,382,449CYRevenuesLessExpensesAmt
Total Assets BOY$1,158,076,635TotalAssetsBOYAmt
Total Assets EOY$342,432,322TotalAssetsEOYAmt
Total Liabilities BOY$184,316,763TotalLiabilitiesBOYAmt
Total Liabilities EOY$77,669,007TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$973,759,872NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$264,763,315NetAssetsOrFundBalancesEOYAmt
MissionTHE ORGANIZATION'S MISSION IS TO OPERATE AN INTEGRATED HEALTH DELIVERY SYSTEM FOR THE BENEFIT OF THE RESIDENTS OF WESTERN NORTH CAROLINA. THE ORGANIZATION'S OPERATIONS CEASED DUE TO SALE OF A SUBSTANTIAL PORTION OF ITS ASSETS IN THE PRIOR YEAR ON 2/1/19.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$656,746,639ExpenseAmt
Grant$653,495,811GrantAmt
Revenue$0RevenueAmt
DescTHE ENTITY SOLD THE OPERATING FACILITIES OF THE HEALTH SYSTEM AND A SUBSTANTIAL PORTION OF THE ASSETS, INCLUDING THOSE OF ITS SUBSIDIARIES, IN THE PRIOR YEAR. THE ORGANIZATION CONTINUES TO MAINTAIN OVERSITE OF ITS SUBSIDIARIES DURING THE PROCESS OF LIQUIDATION AND EVENTUAL TERMINATION. CURRENT ACTIVITY INCLUDES WINDING DOWN THE REMAINING AFFAIRS OF THE HEALTH SYSTEM, INCLUDING COLLECTION AND SETTLEMENT OF OUTSTANDING RECEIVABLES AND LIABILITIES, AND DISTRIBUTION OF ASSETS. THE ENTITY IS IN THE PROCESS OF WINDING DOWN FOR EVENTUAL TERMINATION.Desc
Total Program Service Expenses$656,746,639TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial LiquidationYes (1)PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document33IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtYes (1)SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint VentureYes (1)InvestmentInJointVentureInd
Written Policy Or ProcedureYes (1)WrittenPolicyOrProcedureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ANC HEALTHCARE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8475831618PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1425 W NEW ENGLAND AVENUEAddressLine1Txt
CityWINTER PARKCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32789ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (35 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerInd
RONALD A PAULUS MD
FORMER SYSTEM PRES & CEO0.000.00Yes (X)$0$1,471,814$30,480
DR JILL HOGGARD GREEN
FORMER SVP AND COO0.000.00Yes (X)$0$659,269$18,029
MARC MALLOY
FORMER SVP MISSION HEALTH SLTN.0.000.00Yes (X)$0$437,572$9,761
DR WILLIAM HATHAWAY
FORMER CHIEF MEDICAL OFFICER0.000.00Yes (X)$0$427,966$11,863
PAUL MCDOWELL
FORMER SVP AND CFO0.000.00Yes (X)$0$420,838$15,020
MARC WESTLE DO
FORMER SVP INNOVATION ADMIN0.000.00Yes (X)$0$397,873$12,816
KATHY GUYETTE
FMR SVP PATIENT CARE SVCS RGNL0.000.00Yes (X)$0$395,680$10,219
SONYA GRECK
FORMER SENIOR VICE PRESIDENT0.000.00Yes (X)$0$385,012$10,315
JOSEPH WOLFGRAM
FORMER PHYSICIAN0.000.00$0$379,698$6,343Yes (X)
CHRIS DERIENZO
FORMER CHIEF QUALITY OFFICER0.000.00Yes (X)$0$333,573$11,693
JONATHAN BROWN
FORMER CHIEF INFORMATION OFFICER0.000.00Yes (X)$0$270,709$9,267
RUTH ZYRY
FORMER CHIEF OPERATIONS OFFICER0.000.00Yes (X)$0$257,813$5,902
ROWENA BUFFET TIMMS
FMR SVP GOVT & COMMUNITY RLTN.0.000.00Yes (X)$0$250,189$6,589
CHARLES SAWYER
FORMER CHIEF MEDICAL INFO. OFF.0.000.00Yes (X)$0$239,436$7,884
DONALD ESPOSITO
FORMER SVP GEN. COUNCIL0.000.00Yes (X)$0$214,917$11,203
JON YEATMAN
FORMER CHIEF STRATEGY OFFICER0.000.00Yes (X)$0$208,150$5,080
GWEN MCKINNEY
FORMER CHIEF COMPLIANCE OFFICER0.000.00Yes (X)$0$183,393$5,439
JEAN VEILLIEUX
FORMER DEPUTY GENERAL COUNSEL0.000.00$0$163,034$5,734Yes (X)
DEBRA FOSS
FORMER SVP ORG. TRANSFORMATION0.000.00Yes (X)$0$164,753$3,731
SHEILA MEADOWS
FORMER CHIEF HR OFFICER0.000.00$0$153,569$6,761Yes (X)
LARRY HILL
FORMER VP FINANCE0.000.00$0$140,978$5,371Yes (X)
ANN YOUNG
FORMER GENERAL COUNSEL0.000.00Yes (X)$0$146,041$0
LINDA HUMMEL
FORMER VP QUALITY & SAFETY0.000.00$0$127,498$5,567Yes (X)
JOHN W GARRETT MD
CHAIR2.002.00$0$0$0Yes (X)Yes (X)
THOMAS MAHER
VICE CHAIR2.002.25$0$0$0Yes (X)Yes (X)
LAVOY SPOONER JR
DIRECTOR1.000.00$0$0$0Yes (X)
SUZANNE S DEFERIE
DIRECTOR1.000.00$0$0$0Yes (X)
JEFFREY RANKIN
DIRECTOR1.000.00$0$0$0Yes (X)
DAVID WORLEY
DIRECTOR1.000.00$0$0$0Yes (X)
NEIL LURIA
CEO/CHIEF WIND-DOWN OFFICE10.002.00$0$0$0Yes (X)
MATTHEW RUBIN
CFO/SECRETARY10.002.00$0$0$0Yes (X)
GREGORY HAGOOD
CHIEF TRANSITION OFFICER2.000.00$0$0$0Yes (X)
MEG FINNEGAN
VP HR2.000.00$0$0$0Yes (X)
KIRA ABRAMOVS
VP FINANCE20.000.00$0$0$0Yes (X)
PAUL HOGAN
VP TREAS. & ACCT5.000.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$7,829,775TotReportableCompRltdOrgAmt
Total Other Compensation$215,067TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
SOLIC CAPITAL ADVISORS LLC
425 W NEW ENGLAND AVEWINTER PARKFL32789WIND DOWN CONSULTING$991,666
FAEGRE DRINKER BIDDLE & REATH LLP
ONE LOGAN SQUAREPHILADELPHIAPA19103LEGAL$723,001
WILLIS TOWERS WATSON
93245 NETWORK PLACECHICAGOIL60673INSURANCE CONSULTING$524,091
ROBINSON BRADSHAW & HINSON
101 NORTH TRYON STREETCHARLOTTENC28246LEGAL$450,512
GIBBINS ADVISORS
1900 CHURCH STREETNASHVILLETN37203OVERSIGHT CONSULTING$423,899
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K9CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MEDICARE AND MEDICAID REFUNDS900099$7,689,039$7,689,039
JOINT VENTURE INCOME900099$2,330,061$2,330,061
DRUG PROGRAM REIMBURSEMENT900099$683,957$683,957
FieldValueIRS element (for citing)
Total Program Service Revenue$10,703,057TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,001,182TotalRevenueColumnAmt
Exclusion$4,001,182ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$54,068,450SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$56,661,993SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$2,593,543SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$2,593,543TotalRevenueColumnAmt
Exclusion-$2,593,543ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtExclusionExclusionAmt
RECEIVABLES RECOVERED900099$3,368,296$3,368,296
TAX REFUNDS900099$778,002$778,002
OTHER REFUNDS900099$185,133$185,133
FieldValueIRS element (for citing)
Other Revenue Total$4,331,431OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$16,442,127TotalRevenueColumnAmt
Related Or Exempt Func Income$14,256,486RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$2,185,641ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$653,495,811TotalAmt
Program Services$653,495,811ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$1,050,000TotalAmt
Management And General$1,050,000ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,473,447TotalAmt
Management And General$1,473,447ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$1,374,222TotalAmt
Management And General$1,374,222ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$1,434,509TotalAmt
Management And General$1,434,509ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$423,899TotalAmt
Management And General$423,899ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$169,366TotalAmt
Management And General$169,366ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$17,619TotalAmt
Management And General$17,619ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$87,459TotalAmt
Management And General$87,459ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$826,638TotalAmt
Management And General$826,638ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
FMR EE TRUE UP EXPENSES$3,174,883$81,277$3,093,606
MEDICAL SETTLEMENTS$1,658,457$1,658,457
MISC EXPENSES$1,111,728$555,864$555,864
MEDICAID & MEDICARE ADJ$955,230$955,230

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$571,308TotalAmt
Management And General$571,308ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$667,824,576TotalAmt
Program Services$656,746,639ProgramServicesAmt
Management And General$11,077,937ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$271,634BOYAmt
EOY$0EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$500,752,289BOYAmt
EOY$329,285,913EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$41,292EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$43,878,123BOYAmt
EOY$399,311EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$2,331,587BOYAmt
EOY$3,583,078EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$2,919,466BOYAmt
EOY$2,554,198EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$0LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$0LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$51,168,511BOYAmt
EOY$4,476,444EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$449,049,836BOYAmt
EOY$181,392EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$72,672,792BOYAmt
EOY$1,910,694EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$35,032,397BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,158,076,635BOYAmt
EOY$342,432,322EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$184,316,763BOYAmt
EOY$1,007,890EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$30,000,000EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$46,661,117EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$184,316,763BOYAmt
EOY$77,669,007EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$973,759,872BOYAmt
EOY$260,087,393EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$4,675,922EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$973,759,872BOYAmt
EOY$264,763,315EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,158,076,635BOYAmt
EOY$342,432,322EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$651,382,449ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$1,792,350NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$55,821,758OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type1Yes (X)SupportingOrgType1Ind
Supported Organizations2SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp (2 entries)

EINEINOrganization TypeOrganizationTypeCdGoverning Document ListedGoverningDocumentListedIndSupportSupportAmtOther SupportOtherSupportAmt
MISSION HOSPITAL INC
5605321413Yes (1)$0$0
MISSION HEALTH SYSTEM FOUNDATION INC
5618813317Yes (1)$0$0
FieldValueIRS element (for citing)
Supported Organizations Total2SupportedOrganizationsTotalCnt
Support Sum$0SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (1)ListedByNameGoverningDocInd
Suprt Org No IRS Determination0SuprtOrgNoIRSDeterminationInd
Supported Org Section C4560SupportedOrgSectionC456Ind
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported Org0SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd

Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp

FieldValueIRS element (for citing)
Power Appoint Majority Dir TrstYes (1)PowerAppointMajorityDirTrstInd
Operate Benefit Non Suprt Org0OperateBenefitNonSuprtOrgInd

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Book Value$0BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Book Value$0BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Book Value$0BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
VARIOUS SETTLEMENTS$41,921,734
OTHER LIABILITIES$3,798,511
DUE TO HCA$940,872
FieldValueIRS element (for citing)
Total Liability$46,661,117TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationANC APPLIES THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740, INCOME TAXES, IN ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. ASC TOPIC 740 PROVIDES GUIDANCE ON WHEN TAX POSITIONS ARE RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND HOW THE VALUES OF THESE POSITIONS ARE DETERMINED. THERE IS CURRENTLY NO SIGNIFICANT IMPACT ON ANC'S CONSOLIDATED FINANCIAL STATEMENTS AS A RESULT OF THE APPLICATION OF ASC TOPIC 740.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (7 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxtNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDesc
PISGAH HEALTH FOUNDATION
PO BOX 2440BREVARDNC28217561458024501(C)(3)$5,000,000GENERAL PURPOSE
WNC BRIDGE FOUNDATION
2123 HENDERSONVILLE ROADARDENNC28704562110357501(C)(3)$5,000,000GENERAL PURPOSE
GATEWAY WELLNESS FOUNDATION
135 S MAIN STMARIONNC28752463395393501(C)(3)$5,000,000GENERAL PURPOSE
AMY WELLNESS FOUNDATION
PO BOX 15729ASHEVILLENC28813582172660501(C)(3)$5,000,000GENERAL PURPOSE
HIGHLANDS CASHIERS HEALTH FOUNDATION
PO BOX 742HIGHLANDSNC28741561165833501(C)(3)$5,000,000GENERAL PURPOSE
NANTAHALA HEALTH FOUNDATION
1547 HIGHLANDS RDFRANKLINNC28734832682447501(C)(3)$9,737,459GENERAL PURPOSE
DOGWOOD HEALTH TRUST
890 HENDERSONVILLE RDASHEVILLENC28803830590696501(C)(3)$103,190,203GENERAL PURPOSE$515,568,119FMVALTERNATIVE INVESTMENTS
FieldValueIRS element (for citing)
Total501c3 Org8Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationGRANTS ARE PROVIDED TO LOCAL NONPROFITS TO SUPPORT ACTIVITIES WHICH BENEFIT THE WESTERN NORTH CAROLINA COMMUNITY IN THE AREAS OF HEALTH AND EDUCATION. ORGANIZATIONS ARE EVALUATED PRIOR TO GRANT DISTRIBUTION.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (1)SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (21 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
RONALD A PAULUS MD
FORMER SYSTEM PRES & CEO$0$131,620$0$153,607$0$1,186,587$0$26,926$0$3,554$0$1,502,294$0$1,185,815
DR JILL HOGGARD GREEN
FORMER SVP AND COO$0$78,828$0$103,950$0$476,491$0$15,748$0$2,281$0$677,298$0$475,353
MARC MALLOY
FORMER SVP MISSION HEALTH SLTN.$0$48,951$0$105,123$0$283,498$0$8,484$0$1,276$0$447,332$0$283,186
DR WILLIAM HATHAWAY
FORMER CHIEF MEDICAL OFFICER$0$52,453$0$81,091$0$294,422$0$10,187$0$1,676$0$439,829$0$294,089
PAUL MCDOWELL
FORMER SVP AND CFO$0$59,927$0$87,750$0$273,161$0$11,848$0$3,172$0$435,858$0$272,789
MARC WESTLE DO
FORMER SVP INNOVATION ADMIN$0$48,335$0$67,885$0$281,653$0$9,449$0$3,367$0$410,689$0$281,340
KATHY GUYETTE
FMR SVP PATIENT CARE SVCS RGNL$0$47,980$0$76,831$0$270,869$0$9,194$0$1,026$0$405,900$0$269,896
SONYA GRECK
FORMER SENIOR VICE PRESIDENT$0$49,373$0$67,966$0$267,673$0$9,431$0$884$0$395,327$0$267,238
JOSEPH WOLFGRAM
FORMER PHYSICIAN$0$26,959$0$58,601$0$294,138$0$3,719$0$2,624$0$386,041$0$93,113
CHRIS DERIENZO
FORMER CHIEF QUALITY OFFICER$0$50,637$0$37,192$0$245,744$0$8,612$0$3,082$0$345,267$0$245,607
JONATHAN BROWN
FORMER CHIEF INFORMATION OFFICER$0$39,694$0$74,045$0$156,970$0$6,350$0$2,917$0$279,976$0$156,707
RUTH ZYRY
FORMER CHIEF OPERATIONS OFFICER$0$38,696$0$63,050$0$156,067$0$5,032$0$870$0$263,715$0$155,934
ROWENA BUFFET TIMMS
FMR SVP GOVT & COMMUNITY RLTN.$0$32,689$0$53,656$0$163,844$0$5,227$0$1,361$0$256,777$0$163,640
CHARLES SAWYER
FORMER CHIEF MEDICAL INFO. OFF.$0$38,304$0$28,221$0$172,911$0$5,601$0$2,283$0$247,320$0$172,263
DONALD ESPOSITO
FORMER SVP GEN. COUNCIL$0$45,133$0$75,125$0$94,659$0$7,823$0$3,381$0$226,121$0$94,460
JON YEATMAN
FORMER CHIEF STRATEGY OFFICER$0$33,564$0$49,342$0$125,244$0$4,896$0$184$0$213,230$0$125,065
GWEN MCKINNEY
FORMER CHIEF COMPLIANCE OFFICER$0$29,374$0$46,446$0$107,573$0$4,405$0$1,035$0$188,833$0$107,239
JEAN VEILLIEUX
FORMER DEPUTY GENERAL COUNSEL$0$25,846$0$61,640$0$75,548$0$2,887$0$2,847$0$168,768$0$75,029
DEBRA FOSS
FORMER SVP ORG. TRANSFORMATION$0$49,926$0$106,277$0$8,550$0$1,684$0$2,047$0$168,484$0$7,780
SHEILA MEADOWS
FORMER CHIEF HR OFFICER$0$28,659$0$21,540$0$103,370$0$4,424$0$2,337$0$160,330$0$102,574
ANN YOUNG
FORMER GENERAL COUNSEL$0$42,191$0$0$0$103,850$0$0$0$0$0$146,041$0$103,850

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 3COMPENSATION REFLECTED IN THIS FORM 990 IS FOR CALENDAR 2019 AND IS FOR THE PERIOD OF TIME PRIOR TO THE SALE OF THE ASSETS, AT WHICH TIME EMPLOYEES WERE TERMINATED.
PART I, LINES 4A-BTHE FOLLOWING INDIVIDUAL RECEIVED SEVERANCE DURING 2019: JOSEPH WOLFGRAM $200,928. PERSONS WHO PARTICIPATED IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN ARE LISTED BELOW. THE CONTRIBUTIONS TO THE SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN ARE INCLUDED ON SCHEDULE J, PART II, COLUMN C AS PART OF DEFERRED COMPENSATION. RONALD PAULUS $25,041, JILL HOGGARD GREEN $13,863, KATHY GUYETTE $7,309, ROWENA BUFFETT TIMMS $4,125, CHRIS DERIENZO $7,242, SONYA GRECK $7,583, MARC WESTLE $7,564, WILLIAM HATHAWAY $8,339, PAUL MCDOWELL $9,948, JONATHAN BROWN $5,042, MARC MALLOY $7,501, JON YEATMAN $3,772, CHARLES SAWYER $4,820, GWEN MCKINNEY $3,217, DONALD ESPOSITO $6,897, SHEILA MEADOWS $3,231, LINDA HUMMEL $2,386, JOSEPH WOLFGRAM $3,139, JEAN VEILLIEUX $2,346, LARRY HILL $2,601, RUTH ZYRY $4,774. PERSONS WHO RECEIVED A PAYMENT FROM A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN ARE LISTED BELOW. THE PAYMENTS ARE INCLUDED ON SCHEDULE J, PART II, COLUMN B (III). RONALD PAULUS $1,185,815, JILL HOGGARD GREEN $475,353, KATHY GUYETTE $269,896, ROWENA BUFFETT TIMMS $163,640, CHRIS DERIENZO $245,607, DEBRA FOSS $7,780, SONYA GRECK $267,238, MARC WESTLE $281,340, WILLIAM HATHAWAY $294,089, PAUL MCDOWELL $272,789, JONATHAN BROWN $156,707, MARC MALLOY $283,186, JON YEATMAN $125,065, CHARLES SAWYER $172,263, GWEN MCKINNEY $107,239, DONALD ESPOSITO $94,460, ANN YOUNG $103,850, SHEILA MEADOWS $102,574, LARRY HILL $93,875, LINDA HUMMEL $84,601, JOSEPH WOLFGRAM $93,113, JEAN VEILLIEUX $75,029, RUTH ZYRY $155,934.

Schedule N IRS990ScheduleN

Disposition Of Assets Detail DispositionOfAssetsDetail (9 entries)

Assets Distri Or Expnss PaidAssetsDistriOrExpnssPaidDescDistributionDistributionDtFair Market Value Of AssetFairMarketValueOfAssetAmtMethod Of FMV DeterminationMethodOfFMVDeterminationTxtEINEINAddress Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdIRC SectionIRCSectionTxt
NANTAHALA HEALTH FOUNDATION
CASH2019-11-19$4,737,459CASH VALUE8326824471547 HIGHLANDS RDFRANKLINNC28734501(C)(3)
PISGAH HEALTH FOUNDATION
CASH2020-03-04$5,000,000CASH VALUE561458024PO BOX 2440BREVARDNC28217501(C)(3)
WNC BRIDGE FOUNDATION
CASH2020-03-04$5,000,000CASH VALUE5621103572123 HENDERSONVILLE ROADARDENNC28704501(C)(3)
GATEWAY WELLNESS FOUNDATION
CASH2020-03-05$5,000,000CASH VALUE463395393135 S MAIN STMARIONNC28752501(C)(3)
AMY WELLNESS FOUNDATION
CASH2020-03-10$5,000,000CASH VALUE582172660PO BOX 15729ASHEVILLENC28813501(C)(3)
HIGHLANDS CASHIERS HEALTH FOUNDATION
CASH2020-03-11$5,000,000CASH VALUE561165833PO BOX 742HIGHLANDSNC28741501(C)(3)
NANTAHALA HEALTH FOUNDATION
CASH2020-03-12$5,000,000CASH VALUE8326824471547 HIGHLANDS RDFRANKLINNC28734501(C)(3)
DOGWOOD HEALTH TRUST
ALTERNATIVE INVESTMENTS2020-09-30$515,568,119TRADE VALUE830590696890 HENDERSONVILLE RDASHEVILLENC28803501(C)(3)
DOGWOOD HEALTH TRUST
CASH2020-09-30$103,190,203CASH VALUE830590696890 HENDERSONVILLE RDASHEVILLENC28803501(C)(3)
FieldValueIRS element (for citing)
Director Of Successor20DirectorOfSuccessor2Ind
Employee Of Successor20EmployeeOfSuccessor2Ind
Owner Of Successor20OwnerOfSuccessor2Ind
Receive Compensation20ReceiveCompensation2Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3THE ORGANIZATION IS IN PROCESS OF WINDING DOWN THE AFFAIRS OF THE HEALTH SYSTEM AND AS SUCH THE BOARD HAS ENGAGED AN UNRELATED THIRD PARTY (ACTING UNDER THE BOARD'S SUPERVSION) TO CARRY OUT THE FUNCTIONS OF MANAGEMENT DURING THIS TIME. ALL CURRENT OFFICERS LISTED IN PART VII ARE EMPLOYEES OF THE INDEPENDENT CONTRACTOR.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM. A FINAL COPY OF THE FORM 990 WAS PROVIDED TO THE BOARD OF DIRECTORS THE WEEK AFTER FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION'S CONFLICT OF INTEREST EXPECTATION IS STATED AT THE BEGINNING OF EACH BOARD MEETING. EDUCATION ABOUT THE RESPONSIBILITIES OF A BOARD MEMBER INCLUDING CONFLICTS OF INTEREST IS PROVIDED DURING ORIENTATION FOR NEW BOARD MEMBERS. BOARD MEETINGS BEGIN WITH A COMMENT SUMMARIZING THE CONFLICT OF INTEREST EXPECTATION, THE DUTY TO DISCLOSE CONFLICTS, AND THE DUTY TO RECUSE IF A CONFLICT IS PRESENT. IF A CONFLICT OF INTEREST IS IDENTIFIED, THE INTERESTED PERSON DOES NOT PARTICIPATE IN ANY DECISION RELATING TO THE ISSUE. A CONFLICT OF INTEREST IS A PARTICULAR RELATIONSHIP OR ARRANGEMENT THAT WOULD REASONABLY BE EXPECTED TO EXERT AN INFLUENCE ON THE INDIVIDUAL'S JUDGMENT AND PRECLUDE THE INDIVIDUAL FROM BEING AN INDEPENDENT DIRECTOR OR BEING INDEPENDENT WITH RESPECT TO THE ISSUE UNDER CONSIDERATION. IN ADDITION TO BOARD MEMBERS, THE ORGANIZATION'S CONFLICT OF INTEREST EXPECTATION APPLIES TO THE ORGANIZATION'S OFFICERS AND DIRECTORS, AS WELL AS IMMEDIATE FAMILY MEMBERS OF SUCH INTERESTED PERSONS AND ENTITIES IN WHICH INTERESTED PERSONS HAVE A MATERIAL FINANCIAL INTEREST. THE ORGANIZATION EXPECTS THAT ALL INTERESTED PERSONS DISCLOSE ANY AND ALL CONFLICTS OF INTEREST IN ACCORDANCE WITH THE IRS GUIDELINES FOR TAX-EXEMPT ENTITIES AS WELL AS ANY OTHER APPLICABLE STATE OR FEDERAL LAW. INTERNAL AND EXTERNAL AUDITORS OR OUTSIDE COUNSEL WILL PERIODICALLY REVIEW AND ADVISE TO DETERMINE WHETHER THE ORGANIZATION IS IN COMPLIANCE WITH THE EXPECTATION AND APPLICABLE LAW.
FORM 990, PART VI, SECTION B, LINE 15COMPENSATION REFLECTED IN THIS FORM 990 IS FOR CALENDAR 2019 AND IS FOR THE PERIOD OF TIME PRIOR TO THE SALE OF THE ASSETS, AT WHICH TIME EMPLOYEES WERE TERMINATED. THE FOLLOWING REFLECTS THE POLICIES AND PROCESSES IN PLACE THAT ARE RELEVANT TO THE COMPENSATION REFLECTED IN THIS FORM 990. THE ORGANIZATION DRAWS WAGE COMPARISON DATA FROM OUTSIDE EXECUTIVE COMPENSATION CONSULTANTS TO ENSURE COMPENSATION LEVELS ARE AT FAIR MARKET VALUE. THE HUMAN RESOURCES AND COMPENSATION COMMITTEE OF THE RELATED ORGANIZATION (COMMITTEE) REVIEWS THIS DATA AND RECOMMENDS TO THE BOARD OF THE RELATED ORGANIZATION ANY REVISIONS TO THE OVERALL PHILOSOPHY AND POLICY TO GUIDE THE DETERMINATION OF COMPENSATION AND BENEFIT PACKAGES FOR EXECUTIVES WHICH INCLUDES THE CEO, THE CFO, AND PRESIDENT AS WELL AS ALL OTHER EXECUTIVES, WHICH WOULD INCLUDE ALL KEY EMPLOYEES. THE COMMITTEE KEEPS AND DISTRIBUTES MINUTES OF ALL ITS MEETINGS TO ITS MEMBERS. ITEMS OF A SENSITIVE NATURE ARE REFERENCED IN THE MINUTES WITH DETAILED, SUPPORTING DOCUMENTATION RETAINED ON FILE. THE COMMITTEE ALSO DISCLOSES ANY POTENTIAL CONFLICTS OF INTEREST SITUATIONS TO THE COMMITTEE CHAIRMAN THAT MAY AFFECT THEIR INDEPENDENT DIRECTORS' STATUS AS SOON AS THEY ARISE, AND MAINTAINS COMPLETE DOCUMENTATION OF ALL MATTERS DISCUSSED BY THE COMMITTEE. THE COMMITTEE OBTAINS EDUCATION AND TRAINING TO EXERCISE ALL RESPONSIBILITIES EFFECTIVELY AND KEEPS ABREAST OF SIGNIFICANT DEVELOPMENTS IN EXECUTIVE COMPENSATION PRACTICES AND REGULATIONS, AND ENSURES THAT ALL ASPECTS OF MISSION HEALTH SYSTEM AND HOSPITAL EXECUTIVE COMPENSATION ADHERE TO ALL RELEVANT REGULATORY REQUIREMENTS, AND REVIEWS THE COMMITTEE CHARTER ANNUALLY REVISING AS APPROPRIATE AND CONDUCTS AN ANNUAL EVALUATION OF THE COMMITTEE'S PERFORMANCE.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S ARTICLES OF INCORPORATION ARE AVAILABLE TO THE PUBLIC THROUGH THE NORTH CAROLINA SECRETARY OF STATE WEBSITE. CONFLICT OF INTEREST POLICY AND BY-LAWS ARE AVAILABLE UPON REQUEST.
FORM 990, PART VIICOMPENSATION REFLECTED IN THIS FORM 990 IS FOR CALENDAR 2019 AND IS FOR THE PERIOD OF TIME PRIOR TO THE SALE OF THE ASSETS, AT WHICH TIME EMPLOYEES WERE TERMINATED.
FORM 990, PART XI, LINE 9:PRIOR PERIOD ADJUSTMENTS DUE TO AUDIT REVALUATIONS 9,546,086. GRANT RECEIVABLE REVALUATION 298,944. PRIOR PERIOD ADJUSTMENT FOR GRANTS PAYABLE -29,912,541. PRIOR PERIOD ADJUSTMENT FOR 340B LIABILITY -35,000,000. NET ASSETS RELEASED FROM RESTRICTIONS -644,820. SUBSIDIARY ACTIVITY NOT ON THE 990 -109,427.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1ANC IMAGING SERVICES LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1425 W NEW ENGLAND AVE NO 300AddressLine1Txt
CityWINTER PARKCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32789ZIPCd
FieldValueIRS element (for citing)
EIN465181350EIN
Primary ActivitiesMDEI. IMAGINGPrimaryActivitiesTxt
Legal Domicile StateNCLegalDomicileStateCd
Total Income$0TotalIncomeAmt
End Of Year Assets$0EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1ANC INCBusinessNameLine1Txt

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (9 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
ANC HIGHLANDS-CASHIERS HOSPITAL INC
425 W NEW ENGLAND AVE NO 300WINTER PARKFL32789560509400HOSPITALNC501(C)(3)LINE 3ANC INCYes (1)
MISSION HOSPITAL INC
425 W NEW ENGLAND AVE NO 300WINTER PARKFL32789560532141HOSPITALNC501(C)(3)LINE 3ANC INCYes (1)
MISSION HEALTH SYSTEM FOUNDATION INC
425 W NEW ENGLAND AVE NO 300WINTER PARKFL32789561881331FOUNDATIONNC501(C)(3)LINE 7ANC INCYes (1)
ANC MEDICAL ASSOCIATES INC
425 W NEW ENGLAND AVE NO 300WINTER PARKFL32789263627231PHYSICIAN GRPNC501(C)(3)LINE 10ANC INCYes (1)
ANC MCDOWELL HOSPITAL INC
425 W NEW ENGLAND AVE NO 300WINTER PARKFL32789560623938HOSPITALNC501(C)(3)LINE 3ANC INCYes (1)
ANC BLUE RIDGE HOSPITAL INC
425 W NEW ENGLAND AVE NO 300WINTER PARKFL32789561025032HOSPITALNC501(C)(3)LINE 3ANC INCYes (1)
ANC TRANSYLVANIA COMMUNITY HOSPITAL INC
425 W NEW ENGLAND AVE NO 300WINTER PARKFL32789560562293HOSPITALNC501(C)(3)LINE 3ANC INCYes (1)
ANC TRANSYLVANIA PHYSICIAN SERVICES INC
425 W NEW ENGLAND AVE NO 300WINTER PARKFL32789561920816PHYSICIAN SERVICENC501(C)(3)LINE 3TCH INC0
ANC ANGEL MEDICAL CENTER INC
425 W NEW ENGLAND AVE NO 300WINTER PARKFL32789586000064HOSPITALNC501(C)(3)LINE 3ANC INCYes (1)

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACdPredominant Income TypePredominantIncomeTypeTxtDisproportionate AllocationsDisproportionateAllocationsIndGeneral Or Managing PartnerGeneralOrManagingPartnerIndBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtOwnershipOwnershipPct
ASHEVILLE IMAGING LLP
425 W NEW ENGLAND AVENUEWINTER PARKFL32789561907111DISCONTINUED OPRTNNCN/AN/A00
ASHEVILLE MRI
425 W NEW ENGLAND AVENUEWINTER PARKFL32789561665863DISCONTINUED OPRTNNCN/AN/A00
BLUE RIDGE DMELLC
425 W NEW ENGLAND AVENUEWINTER PARKFL32789263570174EQUIPMENT SALESNCN/AN/A00
HEALTHCARE LIMITED LIABILITY
425 W ENGLAND NEW AVENUEWINTER PARKFL32789RENTALNCN/AN/A00
ANC SPECIALTY HOSPITAL
425 NEW ENGLAND AVENUEWINTER PARKFL32789LT ACUTE CARENCRELATED0Yes (1)ANC INC0.67000

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACdEntity TypeEntityTypeTxtControlled OrganizationControlledOrganizationIndBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtOwnershipOwnershipPct
TRANSYLVANIA SERVICES INC
425 W NEW ENGLAND AVENUE NO 300WINTER PARKFL32789561448199REAL ESTATENCN/ACYes (1)
AVENU HEALTH INC
425 W NEW ENGLAND AVENUE NO 300WINTER PARKFL32789823337055HEATHCARE CLINICNCCYes (1)ANC INC1.00000
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other OrgYes (1)TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
BLUE RIDGE DME LLC
S$790,658FMV
HEALTHCARE LIMITED LIABILITY VII
S$257,587FMV