STANLY MEDICAL SERVICES INC: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: STANLY MEDICAL SERVICES INC (EIN 56-1892763)
Tax period: 2010-10-01 to 2011-09-30
Filed: 2012-08-15
IRS object ID: 201232289349303908
Schema version: 2010v3.4
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 D
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-08-15T15:51:19-05:00	Timestamp
Tax Period End Date	2011-09-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CLIFTONLARSONALLEN LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	101 N TRYON STREET SUITE 1000	AddressLine1
City	CHARLOTTE	City
State	NC	State
ZIP Code	28246	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2010-10-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	561892763	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	STANLY MEDICAL SERVICES INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	STAN	NameControl
Phone	7049820636	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	320 YADKIN STREET	AddressLine1
City	ALBEMARLE	City
State	NC	State
ZIP Code	28801	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	NYKOLA SAMILO	Name
Title	OFFICER	Title
Phone	7049820636	Phone
Date Signed	2012-08-14	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	GREGORY W JOHNS	Name
Phone	7049985200	Phone

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	BRAD MARINO	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	320 YADKIN STREET	AddressLine1
City	ALBEMARLE	City
State	NC	State
ZIP Code	28801	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	15239717	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.STANLYMEDICALSERVICES.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1994	YearFormation
State Legal Domicile	NC	StateLegalDomicile
Activity Or Mission Description	TO PROMOTE, IMPROVE, AND ENHANCE THE HEALTH AND WELFARE OF COMMUNITIES IN OR OUTSIDE OF THIS STATE.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	5	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	2	NbrIndependentVotingMembers
Total Nbr Employees	153	TotalNbrEmployees
Total Nbr Volunteers	2	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	20384	ContributionsGrantsPriorYear
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	13609817	ProgramServiceRevenuePriorYear
Program Service Revenue CY	15239717	ProgramServiceRevenueCY
Investment Income Prior Year	0	InvestmentIncomePriorYear
Investment Income Current Year	0	InvestmentIncomeCurrentYear
Other Revenue Prior Year	3144	OtherRevenuePriorYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	13633345	TotalRevenuePriorYear
Total Revenue Current Year	15239717	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	0	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	11835273	SalariesEtcPriorYear
Salaries Etc Current Year	13075748	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	4410882	OtherExpensePriorYear
Other Expenses Current Year	5046222	OtherExpensesCurrentYear
Total Expenses Prior Year	16246155	TotalExpensesPriorYear
Total Expenses Current Year	18121970	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-2612810	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-2882253	RevenuesLessExpensesCY
Total Assets BOY	3952765	TotalAssetsBOY
Total Assets EOY	3897837	TotalAssetsEOY
Total Liabilities BOY	2601820	TotalLiabilitiesBOY
Total Liabilities EOY	2757259	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	1350945	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	1140578	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	1) TO PROMOTE, IMPROVE, AND ENHANCE THE HEALTH AND WELFARE OF COMMUNITIES IN OR OUTSIDE OF THIS STATE THROUGH THE SUPPORT OF OR INVOLVEMENT IN THE RECRUITMENT, FORMATION, DEVELOPMENT, MANAGEMENT, EQUIPPING, AND MAINTENANCE OF HEALTHCARE SERVICES PROVIDED IN AFFILIATION WITH THE HEALTH CARE SYSTEM OF WHICH STANLY REGIONAL MEDICAL CENTER, INC., A NORTH CAROLINA NONPROFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE CODE, IS AN AFFILIATE AND OTHER HEALTH CARE PROVIDERS LOCATED IN AND AROUND ALBEMARLE, STANLY COUNTY, NORTH CAROLINA (A MEDICALLY UNDERSERVED AREA). 2) TO PROVIDE FUNDS, PROPERTY, OR OTHER BENEFITS FOR THE BENEFIT OF OTHER MEDICALLY UNDERSERVED AREAS IN OR OUTSIDE OF THIS STATE. 3) TO PROMOTE AND CARRY ON EDUCATIONAL ACTIVITIES RELATED TO THE CARE OF THE SICK, INJURED, OR RELATED TO THE PROMOTION OF HEALTH. 4) TO PROMOTE OR CARRY OUT SUCH OTHER ACTIVITIES AS MAY BE DEEMED ADVISABLE FOR THE BETTERMENT OF THE GENERAL HEALTH OF THE COMMUNITIES SERVED.	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Expense	16297008	Expense
Revenue	14615442	Revenue
Description	HEALTH SERVICESPROVIDED HEALTHCARE IN A PROVIDER'S OFFICE SETTING. SERVICES INCLUDED GENERAL PATIENT SERVICES, LABORATORY SERVICES, AND X-RAY SERVICES.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	478332	Expense
Revenue	624275	Revenue
Description	CENTRAL LAB	Description

Field	Value	IRS element (for citing)
Total Program Service Expense	16775340	TotalProgramServiceExpense
Described In501 C3	1	DescribedIn501C3
Schedule B Required	0	ScheduleBRequired
Political Activities	0	PoliticalActivities
Lobbying Activities	0	LobbyingActivities
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	0	CollectionsOfArt
Credit Counseling	0	CreditCounseling
Term Or Permanent Endowments	0	TermOrPermanentEndowments
Report Land Bldg Equip	1	ReportLandBldgEquip
Report Invest Oth Securities	0	ReportInvestOthSecurities
Report Prog Rel Invest	0	ReportProgRelInvest
Report Other Assets	0	ReportOtherAssets
Report Other Liabilities	1	ReportOtherLiabilities
Report Fin48 Footnote	1	ReportFin48Footnote
Independent Audit Financial Stmt	0	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	1	ConsolidatedAuditFinancialStmt
School	0	School
Foreign Office	0	ForeignOffice
Foreign Activities	0	ForeignActivities
More Than5000 K To Organizations	0	MoreThan5000KToOrganizations
More Than5000 K To Individuals	0	MoreThan5000KToIndividuals
Professional Fundraising	0	ProfessionalFundraising
Fundraising Activities	0	FundraisingActivities
Gaming	0	Gaming
Hospital	0	Hospital
Grants To Organizations	0	GrantsToOrganizations
Grants To Individuals	0	GrantsToIndividuals
Schedule J Required	1	ScheduleJRequired
Tax Exempt Bonds	0	TaxExemptBonds
Excess Benefit Transaction	0	ExcessBenefitTransaction
Prior Excess Benefit Transaction	0	PriorExcessBenefitTransaction
Loan To Officer Or DQP	0	LoanToOfficerOrDQP
Grant To Related Person	0	GrantToRelatedPerson
Bsnss Rltnshp With Organization	0	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	0	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	0	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	0	DeductibleNonCashContributions
Deductible Contributions Of Art	0	DeductibleContributionsOfArt
Terminated	0	Terminated
Partial Liquidation	0	PartialLiquidation
Disregarded Entity	0	DisregardedEntity
Related Entity	1	RelatedEntity
Related Org Controlled Entity	0	RelatedOrgControlledEntity
Transaction Related Entity	0	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	0	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	17	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	153	NumberOfEmployees
Employment Tax Returns Filed	1	EmploymentTaxReturnsFiled
Unrelated Business Income	0	UnrelatedBusinessIncome
Foreign Financial Account	0	ForeignFinancialAccount
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTrans
Taxable Party Notification	0	TaxablePartyNotification
Non Deductible Contributions	0	NonDeductibleContributions
Quid Pro Quo Contributions	0	QuidProQuoContributions
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOf
Funds To Pay Premiums	0	FundsToPayPremiums
Premiums Paid	0	PremiumsPaid
Indoor Tanning Services	0	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	5	NbrVotingGoverningBodyMembers
Number Independent Voting Members	2	NumberIndependentVotingMembers
Family Or Business Relationship	0	FamilyOrBusinessRelationship
Delegation Of Management Duties	1	DelegationOfManagementDuties
Changes To Organizing Docs	0	ChangesToOrganizingDocs
Material Diversion Or Misuse	0	MaterialDiversionOrMisuse
Members Or Stockholders	0	MembersOrStockholders
Election Of Board Members	0	ElectionOfBoardMembers
Decisions Subject To Approval	0	DecisionsSubjectToApproval
Minutes Of Governing Body	1	MinutesOfGoverningBody
Minutes Of Committees	1	MinutesOfCommittees
Officer Mailing Address	0	OfficerMailingAddress
Local Chapters	0	LocalChapters
Form990 Provided To Governing Body	1	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	1	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	1	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	1	RegularMonitoringEnforcement
Whistleblower Policy	1	WhistleblowerPolicy
Document Retention Policy	1	DocumentRetentionPolicy
Compensation Process CEO	1	CompensationProcessCEO
Compensation Process Other	1	CompensationProcessOther
Investment In Joint Venture	0	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	PENNY PATRICK	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	7049844643	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	301 YADKIN STREET	AddressLine1
City	ALBEMARLE	City
State	NC	State
ZIP Code	28001	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (11 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	Highest Compensated EmployeeHighestCompensatedEmployee
AL TAYLOR
BOARD MEMBER	1.00	X	X	0	317076	42607
AMY BOGER
BOARD MEMBER	1.00	X		0	0	0
DR YOLANDA JOHNSON
BOARD MEMBER	1.00	X		230336	0	10278
NYKOLA SAMILO
BOARD MEMBER	1.00	X	X	0	214071	32636
KRISTI JACKSON
BOARD MEMBER	1.00	X		0	0	0
BRAD MARINO
VP	40.00		X	0	165083	10388
ERIC JOHN MALLICO
PHYSICIAN	40.00			597012	0	8598	X
JOHN DAVID HILL
PHYSICIAN	40.00			479759	0	11658	X
JOSEPH ZUCKER
PHYSICIAN	40.00			439196	0	11495	X
TIMOTHY SEAN HALL
PHYSICIAN	40.00			398378	0	11330	X
EDWARD WILLIAMS
PHYSICIAN	40.00			349266	0	5278	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	2493947	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	696230	TotalReportableCompFrmRltdOrgs
Total Other Compensation	144268	TotalOtherCompensation
Number Individuals GT100 K	29	NumberIndividualsGT100K
Formers Listed	0	FormersListed
Total Comp GT150 K	1	TotalCompGT150K
Compensation From Other Sources	0	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (2 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
WINDSTREAM
PO BOX 9001908	LOUISVILLE	KY	402901908	PHONE/FAX/INTERNET SERVICES	169491
LABORATORY CORP OF AMERICA HOLDINGS
PO BOX 12140	BURLINGTON	NC	272162140	LAB SERVICES	124936

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	2	NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue

Field	Value	IRS element (for citing)
Description	PATIENT REVENUE	Description
Business Code	621300	BusinessCode
Total Revenue Column	15115634	TotalRevenueColumn
Related Or Exempt Function Income	15115634	RelatedOrExemptFunctionIncome

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	124083	TotalRevenueColumn
Related Or Exempt Function Income	124083	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	15239717	TotalProgramServiceRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	15239717	TotalRevenueColumn
Related Or Exempt Function Income	15239717	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	1095726	Total
Program Services	246224	ProgramServices
Management And General	849502	ManagementAndGeneral

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	9763009	Total
Program Services	9763009	ProgramServices

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	231349	Total
Program Services	231349	ProgramServices

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	1408926	Total
Program Services	1295488	ProgramServices
Management And General	113438	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	576738	Total
Program Services	519144	ProgramServices
Management And General	57594	ManagementAndGeneral

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	19055	Total
Management And General	19055	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	65172	Total
Management And General	65172	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	351809	Total
Program Services	336728	ProgramServices
Management And General	15081	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	9851	Total
Program Services	9189	ProgramServices
Management And General	662	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	317988	Total
Program Services	317988	ProgramServices

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	1627035	Total
Program Services	1484646	ProgramServices
Management And General	142389	ManagementAndGeneral

Travel Travel

Field	Value	IRS element (for citing)
Total	23728	Total
Program Services	8854	ProgramServices
Management And General	14874	ManagementAndGeneral

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	50	Total
Program Services	50	ProgramServices

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	179245	Total
Program Services	138633	ProgramServices
Management And General	40612	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	68414	Total
Program Services	61377	ProgramServices
Management And General	7037	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
MEDICAL SUPPLIES	977188	977188
BAD DEBT EXPENSE	975050	975050
MAINTENANCE/REPAIRS	299500	287288	12212
CLEANING/LAUNDRY	132137	123135	9002

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	18121970	Total
Program Services	16775340	ProgramServices
Management And General	1346630	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	1160802	BOY
EOY	1184709	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	1979812	BOY
EOY	1909210	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	106873	BOY
EOY	92160	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	3375614	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	2708880	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	637408	BOY
EOY	666734	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	67870	BOY
EOY	45024	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	3952765	BOY
EOY	3897837	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	1687598	BOY
EOY	1821149	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	914222	BOY
EOY	936110	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	2601820	BOY
EOY	2757259	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	1350945	BOY
EOY	1140578	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1350945	BOY
EOY	1140578	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	3952765	BOY
EOY	3897837	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	-2882253	ReconcilationRevenueExpenses
Reconcilation Other Changes	2671886	ReconcilationOtherChanges
Info In Schedule O Part XII	X	InfoInScheduleOPartXII
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	1	FSAudited
Audit Committee	1	AuditCommittee
Financial Statement Consolidated	X	FinancialStatementConsolidated
Federal Grant Audit Required	0	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	X	PubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	33145	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	71189	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	19143	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	20382	CurrentTaxYearMinus1Year
Total	143859	Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	9268830	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	11420767	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	13121277	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	13609817	CurrentTaxYearMinus1Year
Current Tax Year	15239717	CurrentTaxYear
Total	62660408	Total

Total509 Total509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	9301975	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	11491956	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	13140420	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	13630199	CurrentTaxYearMinus1Year
Current Tax Year	15239717	CurrentTaxYear
Total	62804267	Total

Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Amts From Subst Contributors AmtsFromSubstContributors

Field	Value	IRS element (for citing)
Total	0	Total

Support From DQ Ps Etc SupportFromDQPsEtc

Field	Value	IRS element (for citing)
Total	0	Total

Field	Value	IRS element (for citing)
Public Support Total509	62804267	PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	5024	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	2342	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	364	CurrentTaxYearMinus2Years
Total	7730	Total

Investment Income And UBTI InvestmentIncomeAndUBTI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	5024	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	2342	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	364	CurrentTaxYearMinus2Years
Total	7730	Total

Other Income509 OtherIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	3390	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	3144	CurrentTaxYearMinus1Year
Total	6534	Total

Total Support Total TotalSupportTotal

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	9306999	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	11494298	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	13144174	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	13633343	CurrentTaxYearMinus1Year
Current Tax Year	15239717	CurrentTaxYear
Total	62818531	Total

Field	Value	IRS element (for citing)
Public Support Percentage509	0.99980	PublicSupportPercentage509
Prior Year Support Percentage	0.99970	PriorYearSupportPercentage
Investment Income Percentage	0.00010	InvestmentIncomePercentage
Prior Yr Invest Income Percentage	0.00020	PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509	X	ThirtyThreePercntTestsCY509

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	18285	OtherCostOrOtherBasis
Depreciation	9898	Depreciation
Book Value	8387	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	3335829	OtherCostOrOtherBasis
Depreciation	2685363	Depreciation
Book Value	650466	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	21500	OtherCostOrOtherBasis
Depreciation	13619	Depreciation
Book Value	7881	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	666734	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescription	AmountAmount
PENSION LIABILITY	$933,241
ADVANCES FROM AFFILIATES	$2,869

Field	Value	IRS element (for citing)
Total Of Amounts	936110	TotalOfAmounts
Total Revenue	15239717	TotalRevenue
Total Expenses	18121970	TotalExpenses
Excess Or Deficit For Year	-2882253	ExcessOrDeficitForYear
Other	$2,671,886	OtherAmount
Total Adjustments	2671886	TotalAdjustments
Excess Or Deficit Per FS	-210367	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	17911603	TotRevenueEtcAuditedFinclStmt
Other Revenues	2671886	OtherRevenues
Revenue Not Rptd F990	2671886	RevenueNotRptdF990
Revenue Subtotal	15239717	RevenueSubtotal
Revenue Not Rptd On Fin Stmt	0	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	15239717	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	18121970	TotExpensesEtcAuditedFinclStmt
Expenses Not Rptd F990	0	ExpensesNotRptdF990
Expenses Subtotal	18121970	ExpensesSubtotal
Expenses Not Rptd On Fin Stmt	0	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	18121970	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:	PART X:	THE FILING ORGANIZATION IS A NON PROFIT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM INCOME TAX ON REVENUE EARNED FROM ITS TAX-EXEMPT STATUS. THE FILING ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. THE FILING ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUSES NOR IS IT AWARE OF ANY OF ITS ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. THE TAX RETURNS FOR THE YEARS 2007 TO 2010 ARE OPEN TO EXAMINATION BY FEDERAL, LOCAL, AND STATE AUTHORITIES. THE FILING ORGANIZATION HAS ADOPTED THE INCOME TAX STANDARD ISSUED BY FINANCIAL ACCOUNTING STANDARDS BOARD IN LIGHT OF ITS STATUS AS AN ORGANIZATION EXEMPT FROM FEDERAL AND STATE INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS IN ACCORDANCE WITH THE INCOME TAX STANDARD. THIS STANDARD PRESCRIBES RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED.
PART XII, LINE 2D - OTHER ADJUSTMENTS:		UNRECOGNIZED PENSION EXPENSE -192,074. TRANSFERS TO AFFILIATES 2,863,960.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Committee	X	CompensationCommittee
Independent Consultant	X	IndependentConsultant
Form990 Of Other Organizations	X	Form990OfOtherOrganizations
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	0	SeverancePayment
Supplemental Nonqual Retire Plan	0	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	0	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	0	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	0	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	0	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	0	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	0	AnyNonFixedPayments
Initial Contract Exception	0	InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (9 entries)

Base Compensation Filing OrgBaseCompensationFilingOrg	Comp Based On Related OrgsCompBasedOnRelatedOrgs	Bonus Filing OrgBonusFilingOrg	Bonus Related OrgsBonusRelatedOrgs	Other Compensation Filing OrgOtherCompensationFilingOrg	Other Compensation Related OrgsOtherCompensationRelatedOrgs	Deferred Comp Filing OrgDeferredCompFilingOrg	Deferred Comp Related OrgsDeferredCompRelatedOrgs	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs	Total Compensation Filing OrgTotalCompensationFilingOrg	Total Compensation Related OrgsTotalCompensationRelatedOrgs	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg	Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
AL TAYLOR
0	239370	0	59819	0	17887	0	20258	0	22349	0	359683	0	0
DR YOLANDA JOHNSON
177486	0	36350	0	16500	0	0	0	10278	0	240614	0	0	0
NYKOLA SAMILO
0	182953	0	28738	0	2380	0	14960	0	17676	0	246707	0	0
BRAD MARINO
0	154889	0	0	0	10194	0	0	0	10388	0	175471	0	0
ERIC JOHN MALLICO
460570	0	119942	0	16500	0	0	0	8598	0	605610	0	0	0
JOHN DAVID HILL
463259	0	0	0	16500	0	0	0	11658	0	491417	0	0	0
JOSEPH ZUCKER
414558	0	2638	0	22000	0	0	0	11495	0	450691	0	0	0
TIMOTHY SEAN HALL
329507	0	52371	0	16500	0	0	0	11330	0	409708	0	0	0
EDWARD WILLIAMS
332766	0	0	0	16500	0	0	0	5278	0	354544	0	0	0

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 entries)

IdentifierIdentifier	ExplanationExplanation	Return ReferenceReturnReference
FORM 990, PART VI, SECTION A, LINE 3	THREE EMPLOYEES (CEO, COO, CFO) ARE EMPLOYED BY THE CHARLOTTE-MECKLENBURG HOSPITAL AUTHORITY D/B/A CAROLINAS HEALTHCARE SYSTEM ("CHS") AND LEASED TO THE ORGANIZATION THROUGH A MANAGEMENT AGREEMENT. AS SUCH, THEIR COMPENSATION INFORMATION IS NOT REQUIRED ON PART VII.
FORM 990, PART VI, SECTION B, LINE 11	THE CFO AND CONTROLLER WILL REVIEW THE DRAFT, COPIES WILL BE EMAILED TO THE BOARD MEMBERS, AND THE DRAFT WILL BE REVIEWED AT THE BOARD MEETING.
	THE BYLAWS ADDRESS WHAT CONSTITUTES CONFLICTS OF INTEREST, THE RESPONSIBILITY OF DISCLOSURE OF EACH MEMBER, HOW CONFLICTS (AND POTENTIAL CONFLICTS) ARE ADDRESSED, AND EACH MEMBER OF THE BOARD OF DIRECTORS FILES A CONFLICT OF INTEREST STATEMENT ANNUALLY WHICH IS REVIEWED BY THE BOARD CHAIR AND IS MAINTAINED BY THE CORPORATE SECRETARY. MEMBERS WITH POTENTIAL CONFLICTS ARE ASKED TO EXCUSE THEMSELVES FROM VOTING ON MATTERS THAT ARE OF POTENTIAL CONFLICT.	FORM 990, PART VI, SECTION B, LINE 12C
	COMPENSATION OF TOP EXECUTIVES AND TOP MANAGEMENT AND OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED THROUGH AN INDEPENDENT CONSULTANT'S REVIEW OF MARKET COMPARISON STUDIES. THIS PROCESS WAS LAST PERFORMED IN 2008.	FORM 990, PART VI, SECTION B, LINE 15
	THESE DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.	FORM 990, PART VI, SECTION C, LINE 19
CHANGES IN NET ASSETS OR FUND BALANCES:	UNRECOGNIZED PENSION EXPENSE -192,074. TRANSFERS FROM AFFILIATES 2,863,960. TOTAL TO FORM 990, PART XI, LINE 5: 2,671,886.	FORM 990, PART XI, LINE 5:
	THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.	FORM 990, PART XII, LINE 2C:
	OFFICERS LISTED ON PART VII WORK AN AVERAGE OF 40 HOURS PER WEEK. THEIR TIME IS SHARED BETWEEN THE FILING ORGANIZATION AND THE RELATED ENTITIES LISTED ON SCHEDULE R.	FORM 990, PART VII, DESCRIPTION OF HOURS FOR RELATED ORGANIZATIONS:

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII (4 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EINEIN	Primary ActivitiesPrimaryActivities	Legal Domicile StateLegalDomicileState	Exempt Code SectionExemptCodeSection	Public Charity StatusPublicCharityStatus	Direct Controlling Entity NADirectControllingEntityNA	Controlled OrgControlledOrg
STANLY REGIONAL MEDICAL CENTER FOUNDATION INC
301 YADKIN STREET	ALBEMARLE	NC	28001	561698181	CHARITY	NC	501(C)(3)	170(B)(1)(A)(VI)	N/A	0
STANLY REGIONAL MEDICAL CENTER INC
301 YADKIN STREET	ALBEMARLE	NC	28001	560556760	HOSPITAL	NC	501(C)(3)	170(B)(1)(A)(III)	N/A	0
STANLY MANOR INC
625 BETHANY ROAD	ALBEMARLE	NC	28001	561623092	LONG-TERM HEALTHCARE	NC	501(C)(3)	509(A)(2)	N/A	0
STANLEX INC
907 NORTH SECOND STREET	ALBEMARLE	NC	28001	561532751	HEALTHCARE	NC	501(C)(3)	509(A)(3)	N/A	0

Field	Value	IRS element (for citing)
Receipt Of Int Ann Rents Royalties	0	ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org	0	GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org	0	GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org	0	LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org	0	SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org	0	PurchaseOfAssetsFromOtherOrg
Exchange Of Assets	0	ExchangeOfAssets
Rental Of Facilities To Other Orgs	0	RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs	1	RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs	0	PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs	1	PerformOfServicesByOtherOrgs
Sharing Of Facilities	0	SharingOfFacilities
Sharing Of Paid Employees	0	SharingOfPaidEmployees
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org	1	ReimbursementPaidByOtherOrg
Other Transfer To Other Org	0	OtherTransferToOtherOrg
Other Transfer From Other Org	1	OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable (3 entries)

Transaction TypeTransactionType	Amount InvolvedAmountInvolved	Method Of Amt DeterminationMethodOfAmtDetermination
STANLY REGIONAL MEDICAL CENTER INC
R	717000	CASH VALUE
STANLY REGIONAL MEDICAL CENTER INC
J	626451	MARKET VALUE
STANLY REGIONAL MEDICAL CENTER INC
P	1520509	EXPENSES

STANLY MEDICAL SERVICES INC: Form 990, tax year 2010

Return header ReturnHeader

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Preparer Firm US Address PreparerFirmUSAddress

Filer Filer

Name Name

US Address USAddress

Officer Officer

Preparer Preparer

Form 990 IRS990

Address Principal Officer US AddressPrincipalOfficerUS

Activity2 Activity2

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Address US AddressUS

Form990 Part VII Section A Form990PartVIISectionA (11 entries)

Contractor Compensation ContractorCompensation (2 entries)

Program Service Revenue ProgramServiceRevenue

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Total Revenue TotalRevenue

Comp Current Officers Directors CompCurrentOfficersDirectors

Other Salaries And Wages OtherSalariesAndWages

Pension Plan Contributions PensionPlanContributions

Other Employee Benefits OtherEmployeeBenefits

Payroll Taxes PayrollTaxes

Fees For Services Management FeesForServicesManagement

Fees For Services Accounting FeesForServicesAccounting

Fees For Services Other FeesForServicesOther

Advertising Advertising

Office Expenses OfficeExpenses

Occupancy Occupancy

Travel Travel

Conferences Meetings ConferencesMeetings

Depreciation Depletion DepreciationDepletion

Insurance Insurance

Other Expenses OtherExpenses (4 entries)

Total Functional Expenses TotalFunctionalExpenses

Cash Non Interest Bearing CashNonInterestBearing

Accounts Receivable AccountsReceivable

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Other Assets Total OtherAssetsTotal

Total Assets TotalAssets

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Other Liabilities OtherLiabilities

Total Liabilities TotalLiabilities

Unrestricted Net Assets UnrestrictedNetAssets

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Schedule A IRS990ScheduleA

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

Gross Receipts From Admissions GrossReceiptsFromAdmissions

Total509 Total509

Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons

Amts From Subst Contributors AmtsFromSubstContributors

Support From DQ Ps Etc SupportFromDQPsEtc

Gross Investment Income509 GrossInvestmentIncome509

Investment Income And UBTI InvestmentIncomeAndUBTI

Other Income509 OtherIncome509

Total Support Total TotalSupportTotal

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovements

Equipment Equipment

Other Land Buildings OtherLandBuildings

Other Liabilities OtherLiabilities (2 entries)

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)

Schedule J IRS990ScheduleJ

Form990 Schedule J Part II Form990ScheduleJPartII (9 entries)

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 entries)

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII (4 entries)

Transactions Related Orgs Table TransactionsRelatedOrgsTable (3 entries)

Comments