2016-08-15T11:11:01-05:00 2015-09-30 ERNST & YOUNG US LLP 100 NORTH TRYON STREET SUITE 3800 CHARLOTTE NC 28202 990 2014-10-01 900893457 WakeMed % Mike Browning CFO WakeMed WAKE 9193500522 3000 NEW BERN AVENUE RALEIGH NC 27610 MIKE BROWNING CFO 2016-07-29 2014 2016-09-27 15:27:22Z SEE SCHEDULE O Donald Gintzig 3000 New Bern Avenue Raleigh NC 27610 33895929 true true 5881 X WWW.WAKEMED.ORG X TO PROVIDE OUTSTANDING AND COMPASSIONATE CARE TO THE COMMUNITIES WE SERVE. 43 43 0 240 -4885 -4885 868339 1257545 46360921 11616164 2885936 2007878 -429598 -382327 49685598 14499260 70500 131650 0 0 1172939 912080 0 0 63376 21391699 16491077 22635138 17534807 27050460 -3035547 139202407 189674558 16947397 15260229 122255010 174414329 X TO MAINTAIN AND OPERATE PROPERTIES, AID AND PROMOTE THE IMPROVEMENT AND DEVELOPMENT OF WAKEMED'S EDUCATIONAL AND SCIENTIFIC PROGRAMS AND TO TRANSFORM HEALTHCARE THROUGH PHILANTHROPY BY RAISING FRIENDS, FUNDS, AND FUTURE LEADERS FOR WAKEMED. false true 14367460 11431184 WakeMed Property Services purchases, leases, and maintains properties in Wake and Johnston counties for the purpose of leasing or subleasing space to WakeMed and other medical providers to expand the accessibility of medical services in the vicinity. Property Services currently owns and maintains 20 properties (including land for future development), manages two properties owned by WakeMed and leases 28 properties. Multiple WakeMed departments and physician practices occupy the owned and leased space including four free-standing emergency departments, two outpatient rehabilitation departments, three mobile critical care ambulance departments, six outpatient imaging departments, and an outpatient physical therapy department. Currently there are 52 physicians' practices located in these buildings. A wide variety of care options are offered at each of these facilities and are designed by location and service to enhance care for all residents of the communities served. Most locations are leased in areas experiencing rapid growth with limited options for medical care, including primary care and specialists. 2097740 131650 0 Fundraising - A charitable resource for WakeMed, supporting the health system in its commitment to providing quality healthcare to all citizens of the community. WakeMed is more than technology and expertise. It is a haven whose doors are open to everyone in need. Fundraising activities support WakeMed through friend raising and educational awareness of quality healthcare programs and services available at WakeMed for the citizens of the community, with the purpose of providing philanthropic support for numerous WakeMed programs and services. We have helped further WakeMed's mission to the community. 16465200 true true false false false false false false false true true false false false true false false true false false false false false false true false false true true true false false false false false false false false true false false false false true false false false true 0 0 0 false false false false false false false false false false X 43 43 false false false false false true true true true false false true true true true true true false false false X Mike Browning CFO WakeMed 9193500522 3000 New Bern Avenue Raleigh NC 27610 J BLOUNT WILLIAMS Chair Brd of Dir, WakeMed Fdn 0.0 4.0 X 0 0 0 VIRGINIA ANTHONY Secretary Brd Dir, WakeMed Fdn 0.0 4.0 X 0 0 0 PETER SCOTT III Treasurer Brd Dir, WakeMed Fdn 0.0 4.0 X 0 0 0 AUDIE BAREFOOT JR Board of Dir, WakeMed Fdn 0.0 4.0 X 0 0 0 GREG CARR Board of Dir, WakeMed Fdn 0.0 4.0 X 0 0 0 TIMOTHY E CARROLL Board of Dir, WakeMed Fdn 0.0 4.0 X 0 0 0 R MICHAEL CONDREY Board of Dir, WakeMed Fdn 0.0 4.0 X 0 0 0 HENRY DARNELL Board of Dir, WakeMed Fdn 0.0 6.0 X 0 0 0 R MICHAEL GRAY Board of Dir, WakeMed Fdn 0.0 4.0 X 0 0 0 LAURA HELTON-KALORIN MD Board of Dir, WakeMed Fdn 0.0 4.0 X 0 0 0 EILEEN M HENDREN Secretary, BOD, WakeMed Fdn 0.0 4.0 X 0 0 0 HOWIE JUNG Board of Dir, WakeMed Fdn 0.0 4.0 X 0 0 0 MICHAEL PAINTER Board of Dir, WakeMed Fdn 0.0 4.0 X 0 0 0 KRISTIN REPLOGLE WakeMed - Board of Directors 0.0 7.0 X 0 0 0 MARY NASH RUSHER Board of Dir, WakeMed Fdn 0.0 4.0 X 0 0 0 H DON STEPHENSON JR Board of Dir, WakeMed Fdn 0.0 4.0 X 0 0 0 KARI STOLZ Board of Dir, WakeMed Fdn 0.0 4.0 X 0 0 0 G EDWARD STORY Board of Dir, WakeMed Fdn 0.0 4.0 X 0 0 0 TISH TURNER Vice Chair, BOD, WakeMed Fdn 0.0 4.0 X 0 0 0 BRENDA C GIBSON Chair WakeMed - Board Dir 0.0 13.0 X 0 0 0 JERRY C BERNSTEIN MD SECRETARY - WakeMed-Brd of Dir 0.0 7.0 X 0 0 0 A BLANTON GODFREY PHD WakeMed - Board of Directors 0.0 7.0 X 0 0 0 STEPHEN M SMITH WakeMed - Board of Directors 0.0 7.0 X 0 0 0 MARGARET DOUGLAS MD Board of Dir, WakeMed Fdn 0.0 4.0 X 0 0 0 MICHAEL FERGUSON MD Board of Dir, WakeMed Fdn 0.0 4.0 X 0 0 0 DENNIS FINGERS Board of Dir, WakeMed Fdn 0.0 4.0 X 0 0 0 SUNNY JOHNSON LEWIS Board of Dir, WakeMed Fdn 0.0 4.0 X 0 0 0 DEBORAH JONES KING Board of Dir, WakeMed Fdn 0.0 4.0 X 0 0 0 EASTER MAYNARD Board of Dir, WakeMed Fdn 0.0 4.0 X 0 0 0 WALTER ROGERS Board of Dir, WakeMed Fdn 0.0 4.0 X 0 0 0 WILLIAM MCBRIDE WakeMed - BOD (UNTIL 5/15) 0.0 6.0 X 0 0 0 LARRY D BARBOUR Vice Chair - WakeMed - BOD 0.0 6.0 X 0 0 0 ROBERT CERWIN MD WakeMed - Board of Directors 0.0 6.0 X 0 0 0 WILLIAM R MCNEAL WakeMed - BOD (UNTIL 5/15) 0.0 6.0 X 0 0 0 JAVIER DIAZ DE LEON Board of Dir, WakeMed Fdn 0.0 4.0 X 0 0 0 VERN DAVENPORT WakeMed - BOD (Beg 5/2015) 0.0 4.0 X 0 0 0 JENNIFER MACKETHAN Board of Dir, WakeMed Fdn 0.0 4.0 X 0 0 0 JAMES PALOMBARO Board of Dir, WakeMed Fdn 0.0 4.0 X 0 0 0 ROBERT C RICE JR WakeMed - BOD (Beg 5/2015) 0.0 4.0 X 0 0 0 WILLY E STEWART WakeMed - BOD (Beg 7/2015) 0.0 4.0 X 0 0 0 DEWAYNE WASHINGTON Board of Dir, WakeMed Fdn 0.0 4.0 X 0 0 0 TIMOTHY WHITNEY Board of Dir, WakeMed Fdn 0.0 4.0 X 0 0 0 LIZA ROBERTS Board of Dir, WakeMed Fdn 0.0 4.0 X 0 0 0 LESLIE MERRITT JR WakeMed - BOD (UNTIL 5/15) 0.0 6.0 X 0 0 0 R DONAVON MUNFORD JR WakeMed - Board of Directors 0.0 8.0 X 0 0 0 CHRISTINA ALVARADO SHANAHAN WakeMed - Board of Directors 0.0 7.0 X 0 0 0 DAN BLUE III WakeMed - BOD (Beg 10/2015) 0.0 6.0 X 0 0 0 MICHAEL D DEVAUGHN CFO, EXECUTIVE VP 0.0 65.0 X 0 470701 17037 THOMAS GETTINGER COO, EXECUTIVE VP 0.0 70.0 X 0 482221 40036 ROYLYN JOHNSON SECRETARY 0.0 55.0 X 0 94873 15309 DONALD R GINTZIG CEO 0.0 70.0 X 0 1168314 83095 DAVID C COULTER SENIOR VP & ADMIN. 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WAKEMED FOUNDATION CONFIRMS IT HAS MET THE PUBLIC SUPPORT TEST FOR FY2015. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2045510 68714 -103811 0 71784 1645 1936984 1787707 86555 213428 0 42180 0 2045510 1552877 121826 155712 0 35354 7354 1787707 881962 566974 124217 0 20237 39 1552877 58979 757594 65389 0 0 0 881962 0.04000 0.96000 0.00000 false false 27582062 27582062 127224346 19923568 107300778 1575314 882588 692726 1405754 849626 556128 21368501 6316413 15052088 151183782 0 Charitable Gift Annuity 8900 Deferred Rent Expense 962127 Deferred Landlord Incentives 21611 992638 Intended use of endowment funds SCHEDULE D, PART V, LINE 4 The first fund is intended to benefit the pediatric and children of the triangle community and the region served by WakeMed. The endowment encourages and fosters dialogue between physicians and experts in the field of infectious diseases of children. The endowment will support educational seminars with nationally recognized speakers discussing current issues of clinical importance to the practitioner. The second funds earnings will be used to support the advancement of knowledge and clinical skills by nurses and other certified healthcare workers at WakeMed through enrollment in undergraduate or graduate degree programs or qualified CEU seminars and training events. Gala 2015 888310 817030 71280 Gala 2014 120800 32800 88000 14694 118998 174325 63966 2 136518 97883 38635 3950 19329 1145628 947713 197915 14694 122948 174325 83295 395262 -197347 true Safe Child 864 W Morgan Street Raleigh NC 27603 561817816 501(c)(3) 50000 SUPPORT OF CENTER The Healing Place 1251 Goode Street Raleigh NC 27603 562135246 501(c)(3) 25000 GENERAL SUPPORT Interfaith Food Shuttle PO Box 14638 Raleigh NC 27603 562135246 501(c)(3) 25000 GENERAL SUPPORT 3 Educational scholarships 8 31500 ORGANIZATION'S PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS SCHEDULE I, PART I, LINE 2 Grants are made only to eligible 501(c) organizations and due to the small number and amount of grants, no follow-up is necessary. EDUCATIONAL SCHOLARSHIPS SCHEDULE I, PART III The education scholarships are administered directly to the university or college in the recipient's name. The recipient must submit a completed application, two page letter to WakeMed Foundation, transcript(s), and three letters of reference. The recipient must also be available for an interview with the Helton Endowment Scholarship Committee. All unspent funds will be returned to the Helton Fund at the WakeMed Foundation. The recipient must remain employed at WakeMed for one year after the award or else return funds received to the Helton Fund at the WakeMed Foundation. The student must maintain a 2.5 GPA. The recipient must submit proof of study completion (transcripts, final grade documentation, etc.) to the Helton Endowment Scholarship Committee within 90 days of completion. true true false false false false false false false WILLIAM K ATKINSON PhD FORMER CEO 0 0 0 0 0 937325 0 0 0 0 0 937325 0 0 MICHAEL D DEVAUGHN CFO, EXECUTIVE VP 0 433238 0 20000 0 17463 0 8845 0 8192 0 487738 0 0 THOMAS GETTINGER COO, EXECUTIVE VP 0 443037 0 20000 0 19184 0 16738 0 23298 0 522257 0 0 KATHLEEN K GORMLEY FORMER EXEC VP-OPER & AMB 0 243706 0 0 0 341675 0 15600 0 7516 0 608497 0 0 DAVID C COULTER SENIOR VP & ADMIN. CARY 0 364725 0 0 0 18961 0 17450 0 14898 0 416034 0 0 JEANENE R MARTIN SENIOR VP-HUMAN RESOURCES 0 275360 0 0 0 16009 0 16218 0 7594 0 315181 0 0 E DENTON ARLEDGE VP & CIO 0 290711 0 0 0 5955 0 16683 0 21021 0 334370 0 0 THOMAS G CAVENDER VP FACILITIES & CONSTRUCTION 0 245709 0 0 0 19156 0 6138 0 23677 0 294680 0 0 CAROLYN KNAUP SENIOR VP-AMBULATORY SVCS 0 271887 0 0 0 15998 0 6098 0 22168 0 316151 0 0 BETSY GASKINS-MCCLAINE VP HEART & VASCULAR 0 242332 0 0 0 1519 0 5464 0 15684 0 264999 0 0 CYNTHIA ALNESS-BOILY SR. VP-OPERATIONS & CNO 0 306594 0 0 0 22455 0 15977 0 20048 0 365074 0 0 VICKI BLOCK SR. VP & ADMINISTRATOR RALEIGH 0 273812 0 0 0 16003 0 16048 0 15213 0 321076 0 0 DUDLEY HARRINGTON VP REVENUE CYCLE 0 272457 0 0 0 3409 0 5905 0 24988 0 306759 0 0 GEORGIA C HARRINGTON VP OPERATIONS 0 210208 0 0 0 685 0 3313 0 12550 0 226756 0 0 GURVINDER S DEOL PHYSICIAN 0 590160 0 308341 0 840 0 48505 0 21025 0 968871 0 0 JONATHAN D CHAPPELL PHYSICIAN 0 490526 0 261467 0 86 0 9791 0 20576 0 782446 0 0 MARK L WOOD PHYSICIAN 0 584424 0 4973 0 680 0 40860 0 22469 0 653406 0 0 DONALD R GINTZIG CEO 0 918595 0 193627 0 56092 0 62310 0 20785 0 1251409 0 0 OKECHUKWU E NWOKO PHYSICIAN 0 237490 0 565651 0 464 0 329 0 8019 0 811953 0 0 TIMOTHY E HARRIS PHYSICIAN 0 588965 0 179756 0 2917 0 43253 0 24892 0 839783 0 0 SCHEDULE J, LINE 1A & 1B All compensation paid to individuals reported on Schedule J, Part II are paid by the common paymaster, WakeMed Hospital. Tax indemnification, gross-up, travel for companions, and housing allowance are paid to some key employees. Gross-up and housing allowance are included in taxable compensation. CEO benefits requiring gross-up are covered by his employment agreement; any additional ones are approved by the Board of Directors. CEO travel for spouse is included in his employment contract. SCHEDULE J, PART I, LINE 4A William K. Atkinson received $937,325 in severance payments. Kathleen K. Gormley received $245,164 in severance payments. SCHEDULE J, PART I, LINE 4B WakeMed maintained a 457f plan for certain individuals. Contributions were made to only six of these during the fiscal year. The following individuals participated in WakeMed's 457f plan during the fiscal year ending 9/30/2015: Donald Gintzig $46,710; Gurvider S. Deol $36,334; Jonathan D. Chappell $30,458; Mark L. Wood $29,620; Okechukwu E. Nwoko $32,226; Timothy E. Harris $31,243; Thomas Gettinger $0; Michael D. DeVaughn $0; David C. Coulter $0; Cynthia Alness-Boily $0; E. Denton Arledge $0; Jeanene R. Martin $0; Carolyn Knaup $0; Vicki Block $0; Dudley Harrington $0; Thomas G. Cavender $0; Betsy Gaskins-McClaine $0; and Georgia C. Harrington $0. X 7 165404 FMV false true false Part I, Column B Amount shown in Line 9, Column B represents the number of contributions. DOING BUSINESS AS: FORM 990, BOX C CARELINA MEDICAL ASSOCIATES MOSELEY MEDICAL GROUP WAKE COUNTY HOSPITAL SYSTEM MEDICAL EDUCATION FOUNDATION WAKEMED FACULTY PHYSICIANS WAKEMED FACULTY PHYSICIANS - RALEIGH CARDIOLOGY WAKEMED FACULTY PHYSICIANS - CAROLINA CARDIOLOGY WAKEMED FACULTY PHYSICIANS - HOSPITALIST - CARY WAKEMED FACULTY PHYSICIANS - HOSPITALIST - RALEIGH WAKEMED FACULTY PHYSICIANS - INTENSIVISTS - RALEIGH WAKEMED FACULTY PHYSICIANS - PEDIATRIC HOSPITALISTS/INTENSIVISTS WAKEMED FACULTY PHYSICIANS - INTENSIVISTS - CARY WAKE PROFESSIONAL ASSOCIATES EAST SQUARE MEDICAL PLAZA WAKE MEDICAL CENTER FOUNDATION WakeMed Property Services Significant changes to program services FORM 990, PART III, LINE 3 Transistioned on 6/1/14: WakeMed Physicians moved to a single, consistent brand for WakeMeds physician practices network. WakeMed Physician Practices is now used to designate all of our practice locations throughout the system. This eliminates confusion associated with maintaining multiple names. All WakeMed Physician activity is now included on the WakeMed Parent Form 990 because of this change. MEMBERS, STOCKHOLDERS, OR OTHER PERSONS WITH POWER TO ELECT OR APPOINT MEMBERS FORM 990, PART VI, LINE 7A Eight members of the Board are appointed to the Board of Directors by Wake County. GOVERNANCE DECISIONS RESERVED TO MEMBERS, STOCKHOLDERS, OR PERSONS OTHER THAN THE GOVERNING BODY FORM 990, PART VI, LINE 7B The Wake County Board of Commissioners holds limited approval over some governing body decisions pertaining to articles of incorporation. The transfer agreement with Wake County indicates approval/consent for transactions pertaining to substantial disposition of assets and covenants on liens. DISSEMINATION OF FORM 990 TO ALL MEMBERS OF THE GOVERNING BODY FORM 990, PART VI, LINE 11B The 990 and schedules are reviewed by the finance committee of the WakeMed Board of Directors and then they recommend approval to the WakeMed Board. A final copy is provided to the WakeMed Board of Directors before filing. MONITORING AND ENFORCEMENT OF COMPLIANCE WITH CONFLICT OF INTEREST POLICY FORM 990, PART VI, LINE 12C The organization enforces the conflict of interest policy in various ways. Each year members of the WakeMed Board, committees with Board delegated power, the CEO, corporate staff, executive staff, directors and managers are required to complete and submit a conflict of interest questionnaire. These individuals are required to provide written documentation of any potential conflict of interest, identifying material financial interest and/or personal conflicts of interest. Remedial measures implemented to address conflicts include abstention from voting on certain issues, as well as recusal from the decision making process and participation involving the identified issue/area. The code of conduct provides guidance on gifts and travel. Gifts should not be accepted and prior to any travel and lodging paid by a third party, written approval must be obtained from an executive vice-president. Also, employees who own or work in a private business outside of WakeMed are not allowed to recruit or promote their products and services during work hours or through WakeMed printed materials. PROCESS FOR DETERMINING COMPENSATION OF CEO, EXEC. DIR., OR TOP MGMT OFFICIAL FORM 990, PART VI, SECTION B, LINE 15A & 15B ALL COMPENSATION REPORTED ON PART VII OF THE 990 IS PAID BY WAKEMED HOSPITAL, A COMMON PAYMASTER. WAKEMED HOSPITAL'S HUMAN RESOURCE DEPARTMENT REGULARLY REVIEWS THE COMPENSATION FOR THE CEO, OFFICERS AND KEY EMPLOYEES. THE FACILITY REGULARLY USES AN INDEPENDENT CONSULTING FIRM AS A SOURCE OF COMPENSATION INFORMATION, BENCHMARKING, AND REVIEW TO ENSURE CONSISTENT AND FAIR COMPENSATIONS PRACTICES. THE CEO'S COMPENSATION IS APPROVED BY THE WAKEMED HOSPITAL BOARD. PROCESS FOR MAKING DOCUMENTS AVAILABLE TO THE PUBLIC FORM 990, PART VI, LINE 19 The 990 is available by request and is published on Guidestar. Financial statements are publicly available through the Medical Care Commissioners' as it relates to tax exempt debt. The annual audited financial statements and transfer agreement are provided each year to Wake County commissioners and become public information. OTHER CHANGES IN NET ASSETS FORM 990, PART XI, LINE 9 THE CHANGE IS DUE TO THE COMPLETION OF NORTH FAMILY HEALTH AND WOMEN'S HOSPITAL, AN INCREASE OF $53M OVER FY 2014 ($57,868,639). 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