WAKEMED: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
WAKEMED (EIN 90-0893457)
Tax period
2024-10-01 to 2025-09-30
Filed
2026-08-17
IRS object ID
202632299349302488
Schema version
2024v5.1
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)
Return2026-08-17T14:43:04+00:00ReturnTs
Tax Period End2025-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN346565596PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ERNST & YOUNG US LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11020 SPRING STREET NWAddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30309ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN900893457EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WAKEMED GROUP RETURNBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWAKEBusinessNameControlTxt
Phone9193500522PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13000 NEW BERN AVENUEAddressLine1Txt
CityRALEIGHCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27610ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSTEPHANIE T SESSOMSPersonNm
Person TitleEXECUTIVE VICE PRESIDENT, CFOPersonTitleTxt
Signature2026-08-17SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAERRIAL M ORRPreparerPersonNm
PTINP01598400PTIN
Phone4048748300PhoneNum
Preparation2026-08-17PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1WAKE MEDICAL CENTER FOUNDATIONBusinessNameLine1Txt

Principal Ofcr Business Name PrincipalOfcrBusinessName

FieldValueIRS element (for citing)
Business Name Line1DONALD GINTZIGBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line13000 NEW BERN AVENUEAddressLine1Txt
CityRALEIGHCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27610ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$65,072,772GrossReceiptsAmt
Group Return For AffiliatesYes (true)GroupReturnForAffiliatesInd
All Affiliates IncludedYes (true)AllAffiliatesIncludedInd
Group Exemption5881GroupExemptionNum
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.WAKEMED.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Legal Domicile StateNCLegalDomicileStateCd
Activity Or MissionTO IMPROVE THE HEALTH AND WELL-BEING OF OUR COMMUNITY WITH OUTSTANDING AND COMPASSIONATE CARE TO ALL.ActivityOrMissionDesc
Voting Members Governing Body40VotingMembersGoverningBodyCnt
Voting Members Independent36VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers160TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$10,902,049PYContributionsGrantsAmt
CY Contributions Grants$14,731,351CYContributionsGrantsAmt
PY Program Service Revenue$31,357,580PYProgramServiceRevenueAmt
CY Program Service Revenue$36,728,798CYProgramServiceRevenueAmt
PY Investment Income$2,065,450PYInvestmentIncomeAmt
CY Investment Income$3,151,027CYInvestmentIncomeAmt
PY Other Revenue$269,825PYOtherRevenueAmt
CY Other Revenue$380,225CYOtherRevenueAmt
PY Total Revenue$44,594,904PYTotalRevenueAmt
CY Total Revenue$54,991,401CYTotalRevenueAmt
PY Grants And Similar Paid$451,803PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$531,876CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,200,974PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,425,796CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$7,000PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$127,220CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$812,690CYTotalFundraisingExpenseAmt
PY Other Expenses$49,294,352PYOtherExpensesAmt
CY Other Expenses$58,906,634CYOtherExpensesAmt
PY Total Expenses$51,954,129PYTotalExpensesAmt
CY Total Expenses$61,991,526CYTotalExpensesAmt
PY Revenues Less Expenses-$7,359,225PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$7,000,125CYRevenuesLessExpensesAmt
Total Assets BOY$481,033,732TotalAssetsBOYAmt
Total Assets EOY$516,598,720TotalAssetsEOYAmt
Total Liabilities BOY$224,040,015TotalLiabilitiesBOYAmt
Total Liabilities EOY$256,904,688TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$256,993,717NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$259,694,032NetAssetsOrFundBalancesEOYAmt
MissionTO MAINTAIN AND OPERATE PROPERTIES, AID AND PROMOTE THE IMPROVEMENT AND DEVELOPMENT OF WAKEMED'S EDUCATION AND SCIENTIFIC PROGRAMS, AND TO TRANSFORM HEALTHCARE THROUGH PHILANTHROPY BY RAISING FRIENDS, FUNDS, AND FUTURE LEADERS FOR WAKEMED.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$53,148,917ExpenseAmt
Grant$0GrantAmt
Revenue$37,095,128RevenueAmt
DescWAKEMED PROPERTY SERVICES PURCHASES, LEASES, AND MAINTAINS PROPERTIES IN WAKE, JOHNSTON AND DURHAM COUNTIES FOR THE PURPOSES 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 THIRTY-ONE (PURCHASE OF 200 ASHVILLE AVES) PROPERTIES (INCLUDING LAND THAT IS UNDER DEVELOPMENT), AND LEASES FIFTY-TWO PROPERTIES (FY24 WAS 51). MULTIPLE WAKEMED DEPARTMENTS AND PHYSICIAN PRACTICES OCCUPY THE OWNED AND LEASED SPACE INCLUDING FOUR FREE-STANDING EMERGENCY DEPARTMENTS, TWO AMBULATORY SURGERY CENTERS, SIX IMAGING CENTERS, FIVE OUTPATIENT REHABILITATION DEPARTMENTS AND A MOBILE CRITICAL CARE AMBULANCE DEPARTMENT. CURRENTLY, THERE ARE ONE HUNDRED AND TWENTY-THREE PHYSICIAN 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 COMMUNITY SERVED. MOST LOCATIONS ARE LEASED IN AREAS EXPERIENCING RAPID GROWTH WITH LIMITED OPTIONS FOR MEDICAL CARE INCLUDING PRIMARY CARE AND SPECIALISTS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$6,479,818ExpenseAmt
Grant$531,876GrantAmt
Revenue$0RevenueAmt
DescTHE WAKEMED FOUNDATION IS A CHARITABLE RESOURCE FOR WAKEMED, SUPPORTING THE HEALTH SYSTEM IN ITS COMMITMENT TO PROVIDING QUALITY HEALTHCARE TO ALL CITIZENS OF THE COMMUNITY. FUNDRAISING ACTIVITIES SUPPORT WAKEMED THROUGH FUNDRAISING 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. THE FOUNDATION HAS HELPED FURTHER WAKEMED'S MISSION TO THE COMMUNITY.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$59,628,735TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingYes (true)ProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document71IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members40GoverningBodyVotingMembersCnt
Independent Voting Member36IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Policies Reference ChaptersfalsePoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VentureYes (true)InvestmentInJointVentureInd
Written Policy Or ProcedureYes (true)WrittenPolicyOrProcedureInd
States Where Copy Of Return Is FldNCStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1STEPHANIE T SESSOMS EXECUTIVE VICE PRESIDENT CFOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9193500522PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13000 NEW BERN AVENUEAddressLine1Txt
CityRALEIGHCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27610ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (78 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
ANGELA GANTT HOLLIDAY MD
BOD, WAKEMED FOUNDATION0.50.0Yes (X)$0$555,194$42,558
ANNA GOODMON MD
BOD, WAKEMED FOUNDATION (UNTIL 12/31/2024)0.50Yes (X)$0$0$0
BETH WILLIAMSON
BOD, WAKEMED FOUNDATION0.50Yes (X)$0$0$0
BRIAN REID
TREASURER, BOD, WAKEMED FOUNDATION0.50Yes (X)$0$0$0
CHRIS WRENCH
BOD, WAKEMED FOUNDATION0.50Yes (X)$0$0$0
CHRISTINA ALVARADO SHANAHAN
BOD, WAKEMED PROPERTY SERVICES1.81.8Yes (X)$0$0$0
DAN BLUE III
BOD, WAKEMED PROPERTY SERVICES2.12.1Yes (X)$0$0$0
DANA GREEN
BOD, WAKEMED FOUNDATION0.50Yes (X)$0$0$0
FRED ANDERSON
BOD, WAKEMED PROPERTY SERVICES (FROM 8/05/2025)1.41.4Yes (X)$0$0$0
GAVIN SHAW
SECRETARY, BOD, WAKEMED FOUNDATION0.50Yes (X)$0$0$0
GLORIA BECKER
VICE CHAIR, BOD, WAKEMED FOUNDATION0.50Yes (X)$0$0$0
GREG MCNAMARA
BOD, WAKEMED FOUNDATION0.50Yes (X)$0$0$0
HUNTER MURRAY
BOD, WAKEMED FOUNDATION0.50Yes (X)$0$0$0
J BLOUNT WILLIAMS
BOD, WAKEMED PROPERTY SERVICES1.61.6Yes (X)$0$0$0
JAMES ANTHONY PENRY
BOD, WAKEMED PROPERTY SERVICES1.41.4Yes (X)$0$0$0
JEFF EDWARDS
BOD, WAKEMED FOUNDATION (UNTIL 12/31/24)0.50Yes (X)$0$0$0
JENNETH MITCHELL
TREASURER, BOD, WAKEMED FOUNDATION (UNTIL 12/31/24)0.50Yes (X)$0$0$0
JENNY WINSTON
BOD, WAKEMED FOUNDATION0.50Yes (X)$0$0$0
JIMMY PHILBIN
BOD, WAKEMED FOUNDATION0.50Yes (X)$0$0$0
JOHN SINDEN MD
BOD, WAKEMED FOUNDATION0.50Yes (X)$0$0$0
JON MARK BAUCOM
BOD, FOUNDATION0.50Yes (X)$0$0$0
JOY SLOAN
BOD, WAKEMED FOUNDATION (UNTIL 12/31/24)0.50Yes (X)$0$0$0
JUN PARK
BOD, WAKEMED FOUNDATION0.50Yes (X)$0$0$0
KATIE MCKENZIE
BOD, WAKEMED FOUNDATION0.50Yes (X)$0$0$0
KEEMIA SHAW
BOD, WAKEMED PROPERTY SERVICES1.21.2Yes (X)$0$0$0
LARRY LONG JR
BOD, WAKEMED FOUNDATION0.50Yes (X)$0$0$0
LAURA K HELTON MD
BOD, WAKEMED PROPERTY SERVICES1.81.8Yes (X)$0$0$0
LEE LILLEY
BOD, WAKEMED FOUNDATION0.50Yes (X)$0$0$0
MARGARET BRATTON
VICE CHAIR, BOD, WAKEMED PROPERTY SERVICES1.81.8Yes (X)$0$0$0
MARTIN W BORDEN
BOD, WAKEMED FOUNDATION0.50Yes (X)$0$0$0
MARY NASH RUSHER
SECRETARY, BOD, WAKEMED PROPERTY SERVICES2.12.1Yes (X)$0$0$0
MICHAEL FERGUSON MD
BOD, WAKEMED FOUNDATION0.50.0Yes (X)$0$901,340$52,991
MICHAEL PAINTER
BOD, WAKEMED PROPERTY SERVICES1.81.8Yes (X)$0$0$0
PETER M SCOTT III
BOD, WAKEMED PROPERTY SERVICES1.81.8Yes (X)$0$0$0
R MICHAEL GRAY
BOD, WAKEMED FOUNDATION (UNTIL 12/31/24)0.50Yes (X)$0$0$0
RASHEEDA MONROE MD
BOD, WAKEMED FOUNDATION0.50Yes (X)$0$370,689$31,433
REV DR ROSE CORNELIOUS
BOD, WAKEMED FOUNDATION0.50Yes (X)$0$0$0
ROB BURLINGTON
BOD, WAKEMED FOUNDATION0.50Yes (X)$0$0$0
ROBERT ANGE
BOD, WAKEMED FOUNDATION0.50Yes (X)$0$0$0
ROBERT C RICE JR
BOD, WAKEMED PROPERTY SERVICES (UNTIL 5/25/25)2.12.1Yes (X)$0$0$0
ROD WEBB
BOD, WAKEMED FOUNDATION0.50Yes (X)$0$0$0
SATISH GARIMELLA
BOD, WAKEMED PROPERTY SERVICES1.61.6Yes (X)$0$0$0
SATISH MATHAN MD
CHAIR, BOD, WAKEMED FOUNDATION0.50Yes (X)$0$0$0
SONIA BARNES
BOD, WAKEMED PROPERTY SERVICES2.12.1Yes (X)$0$0$0
THAD L MCDONALD MD
CHAIR, BOD, WAKEMED PROPERTY SERVICES3.23.2Yes (X)$0$0$0
DAVID NUSSMAN
VP, COMPLIANCE & PRIVACY OFFICER INTERIM055.0$0$158,767$42,247Yes (X)
DIONNE WHITAKER
OFFICER-SECRETARY050.0$0$89,612$8,027Yes (X)
DONALD GINTZIG
PRESIDENT & CEO080.0$0$2,193,903$24,609Yes (X)
STEPHANIE SESSOMS
EVP & CHIEF FINANCIAL OFFICER065.0$0$423,968$43,644Yes (X)
THOMAS GOUGH
EVP & CHIEF OPERATING OFFICER070.0$0$682,875$21,132Yes (X)
BRIAN LYNDE
VP & CHIEF LEGAL OFFICER055.0$0$364,063$38,531Yes (X)
CAROLYN KNAUP
SVP, STRATEGIC VENTURES & AMBULATORY OPERATIONS055.0$0$416,796$45,592Yes (X)
CHARLES HARR MD
CHIEF MEDICAL OFFICER, RALEIGH050.0$0$469,703$24,310Yes (X)
CHRISTINE CRAIG
VP, GOVERNMENTAL AFFAIRS060.0$0$323,433$53,241Yes (X)
CYNTHIA ALNESS-BOILY
SVP, OPERATIONS & CNO050.0$0$444,877$45,559Yes (X)
DEBRA LAUGHERY
VP, MARKETING & COMMUNICATIONS060.0$0$364,093$35,331Yes (X)
DOUG TROCINSKI MD
CHIEF MEDICAL OFFICER, CARY ADMINISTRATION060.0$0$315,580$10,687Yes (X)
GAYLA HARVEY
VP, PAYOR STRATEGY & MANAGED CARE CONTRACTING048.0$0$329,968$31,930Yes (X)
JEFF NEISEN
VP, REVENUE CYCLE (UNTIL 9/24/2025)0.055.0$0$299,006$42,559Yes (X)
JERONICA GOODWIN
SVP, HUMAN RESOURCES & CHIEF PEOPLE OFFICER065.0$0$381,699$31,637Yes (X)
JOHN PERRY MD
VP, MEDICAL INFORMATION060.0$0$402,488$56,041Yes (X)
KAREN BASH MD
CHIEF MEDICAL OFFICER, NORTH055.0$0$390,579$33,482Yes (X)
MICAH KREMPASKY MD
CHIEF MEDICAL OFFICER, MENTAL HEALTH & WELL-BEING060.0$0$364,177$52,670Yes (X)
PETER MARKS
VP & CHIEF INFORMATION OFFICER055.0$0$436,680$21,536Yes (X)
REBECCA ANDREWS
SVP & ADMINISTRATOR RALEIGH070.0$0$527,134$34,899Yes (X)
RICK SHRUM
VP & CHIEF STRATEGY OFFICER065.0$0$397,363$48,435Yes (X)
THOMAS CAVENDER
VP, FACILITIES & CONSTRUCTION060.0$0$368,040$32,091Yes (X)
THOMAS HUGHES
SVP & ADMINISTRATOR CARY057.0$0$340,324$25,640Yes (X)
VALERIE BARLOW
SVP & ADMINISTRATOR NORTH060.0$0$366,514$53,746Yes (X)
WAQUIAH ELLIS
VP, NURSING0.050.0$0$282,141$39,195Yes (X)
ASHISH PATEL MD
PHYSICIAN060.0$0$1,631,093$55,720Yes (X)
BRYON BOULTON MD
PHYSICIAN062.0$0$1,473,309$52,991Yes (X)
JUDSON WILLIAMS MD
PHYSICIAN082.0$0$1,362,737$52,991Yes (X)
KEVIN MANOCHA MD
PHYSICIAN060.0$0$1,324,127$25,781Yes (X)
TIMOTHY HARRIS MD
PHYSICIAN064.0$0$1,291,557$52,878Yes (X)
KAREN CHILTON MD
SVP & CHIEF QUALITY OFFICER, BOD, WAKEMED FOUNDATION050.0$0$424,297$20,700Yes (X)
ROYLYN JOHNSON
FORMER SECRETARY (UNTIL 2/07/2023)00$0$128,548$8,611Yes (X)
SETH BRODY MD
EVP, CHIEF PHYSICIAN EXECUTIVE060.0$0$682,594$20,700Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$21,279,268TotReportableCompRltdOrgAmt
Total Other Compensation$1,314,125TotalOtherCompensationAmt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
JANI-KING
801 JONES FRANKLIN RDRALEIGHNC27606JANITORIAL SERVICES$1,562,325
MARLAMAR INC DBA CITY WIDE MAINTENANCE
7080 NC HWY 751DURHAMNC27707JANITORIAL SERVICES$589,978
GREENSCAPE
PO BOX 9614CHARLOTTENC282960104LANDSCAPING SERVICES$537,105
MG CAPITAL MAINTENANCE
PO BOX 1370MORRISVILLENC27560JANITORIAL SERVICES$263,606
INTERSTATE CONTRACTING CLEANING SERVICES INC
509 BLAIRHILL RDCHARLOTTENC28217JANITORIAL SERVICES$250,033
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K6CntrctRcvdGreaterThan100KCnt
All Other Contributions$14,731,351AllOtherContributionsAmt
Noncash Contributions$1,574,887NoncashContributionsAmt
Total Contributions$14,731,351TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescRELATED RENTAL INCOMEDesc
Business531112BusinessCd
Total Revenue Column$36,728,798TotalRevenueColumnAmt
Related Or Exempt Func Income$36,728,798RelatedOrExemptFuncIncomeAmt

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$36,728,798TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,157,008TotalRevenueColumnAmt
Exclusion$2,157,008ExclusionAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$11,059,535SecuritiesAmt
Other$0OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$9,351,221SecuritiesAmt
Other$714,295OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$1,708,314SecuritiesAmt
Other-$714,295OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$994,019TotalRevenueColumnAmt
Exclusion$994,019ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$29,750FundraisingGrossIncomeAmt
Fundraising Direct Expenses$15,855FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$13,895TotalRevenueColumnAmt
Exclusion$13,895ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
GAIN/LOSS IN QTS$206,418$206,418
INTEREST INCOME - GASB$159,602$159,602
PURCHASE DISCOUNTS$146$146

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$164TotalRevenueColumnAmt
Related Or Exempt Func Income$164RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$366,330OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$54,991,401TotalRevenueColumnAmt
Related Or Exempt Func Income$37,095,128RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$3,164,922ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$354,469TotalAmt
Program Services$354,469ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$177,407TotalAmt
Program Services$177,407ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,160,032TotalAmt
Program Services$1,138,029ProgramServicesAmt
Management And General$484,927ManagementAndGeneralAmt
Fundraising$537,076FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$66,071TotalAmt
Program Services$15,343ProgramServicesAmt
Management And General$24,070ManagementAndGeneralAmt
Fundraising$26,658FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$114,729TotalAmt
Program Services$30,298ProgramServicesAmt
Management And General$40,062ManagementAndGeneralAmt
Fundraising$44,369FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$84,964TotalAmt
Program Services$21,689ProgramServicesAmt
Management And General$30,023ManagementAndGeneralAmt
Fundraising$33,252FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$6,481TotalAmt
Management And General$6,481ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$10,000TotalAmt
Management And General$10,000ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$127,220TotalAmt
Fundraising$127,220FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$122,283TotalAmt
Management And General$122,283ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$4,596,848TotalAmt
Program Services$4,533,536ProgramServicesAmt
Management And General$32,026ManagementAndGeneralAmt
Fundraising$31,286FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$3,664TotalAmt
Fundraising$3,664FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$578,485TotalAmt
Program Services$163ProgramServicesAmt
Management And General$569,157ManagementAndGeneralAmt
Fundraising$9,165FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$135,003TotalAmt
Management And General$135,003ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$10,186,158TotalAmt
Program Services$10,186,158ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$10,183TotalAmt
Management And General$10,183ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$238TotalAmt
Management And General$238ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$10,276,182TotalAmt
Program Services$10,275,528ProgramServicesAmt
Management And General$654ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$5,093,377TotalAmt
Program Services$5,093,377ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$22,314,699TotalAmt
Program Services$22,306,053ProgramServicesAmt
Management And General$8,646ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$426,969TotalAmt
Program Services$426,969ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
WPS-REPAIRS & MAINTENANCE$4,288,699$4,288,699
BAD DEBT$696,101$696,101
WPS - OTHER EXP$70,068$70,068
MINOR EQUIPMENT$14,848$14,848

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$76,348TotalAmt
Program Services$0ProgramServicesAmt
Management And General$76,348ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$61,991,526TotalAmt
Program Services$59,628,735ProgramServicesAmt
Management And General$1,550,101ManagementAndGeneralAmt
Fundraising$812,690FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,287,149BOYAmt
EOY$1,597,290EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,133,911BOYAmt
EOY$5,803,380EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$7,619,258BOYAmt
EOY$13,401,283EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$9,392,430BOYAmt
EOY$2,077,217EOYAmt

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$2,558,927BOYAmt
EOY$6,568,135EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,147,181BOYAmt
EOY$1,152,451EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$575,229,595LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$141,384,579LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$408,466,877BOYAmt
EOY$433,845,016EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$42,484,677BOYAmt
EOY$46,992,570EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$4,695,596BOYAmt
EOY$4,902,014EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$247,726BOYAmt
EOY$259,364EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$481,033,732BOYAmt
EOY$516,598,720EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$15,080,172BOYAmt
EOY$15,966,141EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$44,923BOYAmt
EOY$7,635,142EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

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

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$208,914,920BOYAmt
EOY$233,303,405EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$224,040,015BOYAmt
EOY$256,904,688EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$202,097,256BOYAmt
EOY$208,180,498EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$54,896,461BOYAmt
EOY$51,513,534EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$256,993,717BOYAmt
EOY$259,694,032EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$481,033,732BOYAmt
EOY$516,598,720EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$7,000,125ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$528,924NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$9,171,516OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type2Yes (X)SupportingOrgType2Ind
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1WAKEMEDBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN566017737EIN
Organization Type3OrganizationTypeCd
Governing Document ListedYes (true)GoverningDocumentListedInd
Support$0SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$0SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,436,742CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,256,831CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,880,822CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$10,902,049CurrentTaxYearMinus1YearAmt
Current Tax Year$14,731,351CurrentTaxYearAmt
Total$32,207,795TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,436,742CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,256,831CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,880,822CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$10,902,049CurrentTaxYearMinus1YearAmt
Current Tax Year$14,731,351CurrentTaxYearAmt
Total$32,207,795TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,078,545SubstantialContributorsTotAmt
Public Support Total170$31,129,250PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,104,508CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,304,427CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,578,442CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,687,492CurrentTaxYearMinus1YearAmt
Current Tax Year$2,157,008CurrentTaxYearAmt
Total$7,831,877TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$40,039,672TotalSupportAmt
Gross Receipts Rltd Activities$0GrossReceiptsRltdActivitiesAmt
Public Support CY1700.77746PublicSupportCY170Pct
Public Support PY1700.7512PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (true)ListedByNameGoverningDocInd
Suprt Org No IRS DeterminationfalseSuprtOrgNoIRSDeterminationInd
Supported Org Section C456falseSupportedOrgSectionC456Ind
Supported Org Not Organized USfalseSupportedOrgNotOrganizedUSInd
Organization Change Suprt OrgfalseOrganizationChangeSuprtOrgInd
Support Non Supported OrgfalseSupportNonSupportedOrgInd
Payment Substantial ContribtrfalsePaymentSubstantialContribtrInd
Loan Disqualified PersonfalseLoanDisqualifiedPersonInd
Controlled Disqualified PrsnfalseControlledDisqualifiedPrsnInd
Disqualified Prsn Controll IntfalseDisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr IntfalseDisqualifiedPrsnOwnrIntInd
Excess Business Holdings RulesfalseExcessBusinessHoldingsRulesInd
Contribution ControllerfalseContributionControllerInd
Contribution FamilyfalseContributionFamilyInd
Contribution35 ControlledfalseContribution35ControlledInd
FieldValueIRS element (for citing)
Majority Dir Trst Supported OrgYes (true)MajorityDirTrstSupportedOrgInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART I PUBLIC CHARITY STATUS OF GROUP RETURN AFFILIATESFormAndLineReferenceDesc
ExplanationWAKEMED FACULTY PRACTICE PLAN PUBLIC CHARITY STATUS: 509(A)(3) - BOX 12B WAKEMED PROPERTY SERVICES PUBLIC CHARITY STATUS: 509(A)(3) - BOX 12B WAKEMED FOUNDATION PUBLIC CHARITY STATUS: 509(A)(1) AND 170(B)(1)(A)(VI) - BOX 7ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,838,774BeginningYearBalanceAmt
Contributions$504,451ContributionsAmt
Investment Earnings Or Losses$284,154InvestmentEarningsOrLossesAmt
Other Expenditures$98,450OtherExpendituresAmt
End Year Balance$5,528,929EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,543,070BeginningYearBalanceAmt
Contributions$0ContributionsAmt
Investment Earnings Or Losses$317,647InvestmentEarningsOrLossesAmt
Grants Or Scholarships$0GrantsOrScholarshipsAmt
Other Expenditures$21,943OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$4,838,774EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,444,072BeginningYearBalanceAmt
Contributions$1,000ContributionsAmt
Investment Earnings Or Losses$196,911InvestmentEarningsOrLossesAmt
Grants Or Scholarships$0GrantsOrScholarshipsAmt
Other Expenditures$98,913OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$4,543,070EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,758,605BeginningYearBalanceAmt
Contributions$69,525ContributionsAmt
Investment Earnings Or Losses-$303,842InvestmentEarningsOrLossesAmt
Grants Or Scholarships$0GrantsOrScholarshipsAmt
Other Expenditures$80,216OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$4,444,072EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,384,089BeginningYearBalanceAmt
Contributions$49,637ContributionsAmt
Investment Earnings Or Losses$381,557InvestmentEarningsOrLossesAmt
Grants Or Scholarships$0GrantsOrScholarshipsAmt
Other Expenditures$56,678OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$4,758,605EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.03BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.97PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.0TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$48,268,559OtherCostOrOtherBasisAmt
Book Value$48,268,559BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$215,222,472OtherCostOrOtherBasisAmt
Depreciation$75,122,488DepreciationAmt
Book Value$140,099,984BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$19,619,384OtherCostOrOtherBasisAmt
Depreciation$7,273,438DepreciationAmt
Book Value$12,345,946BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$7,856,455OtherCostOrOtherBasisAmt
Depreciation$4,172,139DepreciationAmt
Book Value$3,684,316BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$284,262,725OtherCostOrOtherBasisAmt
Depreciation$54,816,514DepreciationAmt
Book Value$229,446,211BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$433,845,016TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)

DescDescAmtAmt
FEDERAL INCOME TAXES
CHARITABLE GIFT ANNUITY$17,669
LONG TERM CAPITAL LEASE PAYABLE$233,285,736
DEFERRED LEASE INFLOW
DEFERRED RENT EXPENSE
DEFERRED LANDLORD INCENTIVES
FieldValueIRS element (for citing)
Total Liability$233,303,405TotalLiabilityAmt
Other Revenue$0OtherRevenueAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$0RevenueSubtotalAmt
Other Revenues Not Included$0OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$0TotalRevenuePerForm990Amt
Other Expenses Included$0OtherExpensesIncludedAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$0ExpensesSubtotalAmt
Other Expenses Not Included$0OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$0TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE D, PART V, LINE 4 INTENDED USES OF ENDOWMENT FUNDSFormAndLineReferenceDesc
ExplanationONE FUND IS INTENDED TO BENEFIT THE PEDIATRICS 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 EARNINGS OF THE SECOND FUND 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.ExplanationTxt

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Agrmt Prof Fundraising ActyfalseAgrmtProfFundraisingActyInd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1CLAYS FOR A CAUSEEvent1Nm
Gross Receipts Event1$29,750GrossReceiptsEvent1Amt
Gross Revenue Event1$29,750GrossRevenueEvent1Amt
Food And Beverage Event1$8,001FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$7,854OtherDirectExpensesEvent1Amt
Gross Revenue Event2$0GrossRevenueEvent2Amt
Gross Revenue Other Events$0GrossRevenueOtherEventsAmt
Gross Receipts Total$29,750GrossReceiptsTotalAmt
Gross Revenue Total Events$29,750GrossRevenueTotalEventsAmt
Food And Beverage Total Events$8,001FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$7,854OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$15,855DirectExpenseSummaryEventsAmt
Net Income Summary$13,895NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtValuation Method UsedValuationMethodUsedDescPurpose Of GrantPurposeOfGrantTxtAddress Line2USAddress/AddressLine2Txt
SAFE CHILD
864 WEST MORGAN STREETRALEIGHNC27603561817816501C3$50,000FMV385 CHILDREN'S MEDICAL EVALUATIONS
WAKE EMERGENCY PHYSICIANS PA
570 NEW WAVERLY PLCARYNC27518561763695$21,347FMVWEPPA FELLOWSHIPSTE 210
ME FINE FOUNDATION
318 BLACKWELL STDURHAMNC27701201819368501C3$30,000FMVSUPPORT OF PEDIATRIC PATIENTS & THEIR FAMILIESSTE 130
WAKEMED
3000 NEW BERN AVERALEIGHNC276101215566017737501C3$253,122FMVGENERAL SUPPORT - EMPLOYEE ASSISTANCE
FieldValueIRS element (for citing)
Total501c3 Org3Total501c3OrgCnt
Total Other Org1TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeEDUCATIONAL SCHOLARSHIPSGrantTypeTxt
Recipient21RecipientCnt
Cash Grant$177,407CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE I, PART III EDUCATIONAL SCHOLARSHIPSTHERE ARE CURRENTLY TWO SCHOLARSHIP PROGRAMS. THE HELTON ENDOWMENT SCHOLARSHIP FUND IS FOR EMPLOYEES. THE MEGAN CHAMP MORGAN SCHOLARSHIP FUND IS FOR DEPENDENTS, UP TO AGE 26, OF EMPLOYEES. THE EDUCATIONAL 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 APPLICABLE SCHOLARSHIP COMMITTEE. ALL UNSPENT FUNDS ARE RETURNED TO THE APPROPRIATE SCHOLARSHIP FUND AT THE WAKEMED FOUNDATION. THE RECIPIENT OF A HELTON SCHOLARSHIP MUST REMAIN EMPLOYED AT WAKEMED FOR TWO YEARS AFTER THE AWARD; OTHERWISE, THE STUDENT MUST RETURN THE FUNDS RECEIVED TO THE HELTON FUND AT THE WAKEMED FOUNDATION. THE WAKEMED EMPLOYED PARENT OF A RECIPIENT OF A MEGAN CHAMP MORGAN SCHOLARSHIP MUST REMAIN EMPLOYED FOR TWO YEARS AFTER THE AWARD. THE STUDENT MUST MAINTAIN A 2.5 GPA. THE RECIPIENT MUST SUBMIT PROOF OF STUDY COMPLETION (TRANSCRIPTS, FINAL GRADES, ETC.) TO THE APPLICABLE SCHOLARSHIP COMMITTEE WITHIN 90 DAYS OF COMPLETION.
SCHEDULE I, PART I, LINE 2 PROCEDURES FOR MONITORING USE OF GRANT FUNDSGRANTS ARE MADE TO ELIGIBLE 501(C) ORGANIZATIONS. GRANT RECIPIENTS MUST SUBMIT IMPACT/PROGRESS UPDATES.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (true)AnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (35 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
MICHAEL FERGUSON MD
BOD, WAKEMED FOUNDATION$0$646,313$0$251,985$0$3,042$0$20,700$0$32,291$0$954,331$0$0
ANGELA GANTT HOLLIDAY MD
BOD, WAKEMED FOUNDATION$0$473,594$0$80,803$0$797$0$20,700$0$21,858$0$597,752$0$0
RASHEEDA MONROE MD
BOD, WAKEMED FOUNDATION$0$366,000$0$4,296$0$393$0$15,080$0$16,353$0$402,122$0$0
DONALD GINTZIG
PRESIDENT & CEO$0$1,386,023$0$735,700$0$72,180$0$20,700$0$3,909$0$2,218,512$0$0
THOMAS GOUGH
EVP & CHIEF OPERATING OFFICER$0$659,477$0$2,000$0$21,398$0$20,700$0$432$0$704,007$0$0
DAVID NUSSMAN
VP, COMPLIANCE & PRIVACY OFFICER INTERIM$0$156,643$0$2,000$0$124$0$10,069$0$32,178$0$201,014$0$0
STEPHANIE SESSOMS
EVP & CHIEF FINANCIAL OFFICER$0$419,010$0$2,000$0$2,958$0$18,959$0$24,685$0$467,612$0$0
CYNTHIA ALNESS-BOILY
SVP, OPERATIONS & CNO$0$420,564$0$2,000$0$22,313$0$17,617$0$27,942$0$490,436$0$0
REBECCA ANDREWS
SVP & ADMINISTRATOR RALEIGH$0$501,669$0$2,000$0$23,465$0$20,700$0$14,199$0$562,033$0$0
VALERIE BARLOW
SVP & ADMINISTRATOR NORTH$0$363,621$0$2,000$0$893$0$20,700$0$33,046$0$420,260$0$0
KAREN BASH MD
CHIEF MEDICAL OFFICER, NORTH$0$384,560$0$1,000$0$5,019$0$20,700$0$12,782$0$424,061$0$0
THOMAS CAVENDER
VP, FACILITIES & CONSTRUCTION$0$344,883$0$2,000$0$21,157$0$20,700$0$11,391$0$400,131$0$0
CHRISTINE CRAIG
VP, GOVERNMENTAL AFFAIRS$0$304,310$0$2,000$0$17,123$0$18,910$0$34,331$0$376,674$0$0
WAQUIAH ELLIS
VP, NURSING$0$279,716$0$2,000$0$425$0$17,310$0$21,885$0$321,336$0$0
JERONICA GOODWIN
SVP, HUMAN RESOURCES & CHIEF PEOPLE OFFICER$0$379,109$0$2,000$0$590$0$20,246$0$11,391$0$413,336$0$0
CHARLES HARR MD
CHIEF MEDICAL OFFICER, RALEIGH$0$462,440$0$1,000$0$6,263$0$20,700$0$3,610$0$494,013$0$0
GAYLA HARVEY
VP, PAYOR STRATEGY & MANAGED CARE CONTRACTING$0$325,767$0$2,000$0$2,201$0$19,939$0$11,991$0$361,898$0$0
THOMAS HUGHES
SVP & ADMINISTRATOR CARY$0$336,823$0$2,000$0$1,501$0$20,625$0$5,015$0$365,964$0$0
CAROLYN KNAUP
SVP, STRATEGIC VENTURES & AMBULATORY OPERATIONS$0$395,406$0$2,000$0$19,390$0$20,700$0$24,892$0$462,388$0$0
MICAH KREMPASKY MD
CHIEF MEDICAL OFFICER, MENTAL HEALTH & WELL-BEING$0$347,630$0$16,004$0$543$0$20,700$0$31,970$0$416,847$0$0
DEBRA LAUGHERY
VP, MARKETING & COMMUNICATIONS$0$341,047$0$2,000$0$21,046$0$20,519$0$14,812$0$399,424$0$0
BRIAN LYNDE
VP & CHIEF LEGAL OFFICER$0$341,347$0$2,000$0$20,716$0$18,064$0$20,467$0$402,594$0$0
PETER MARKS
VP & CHIEF INFORMATION OFFICER$0$416,145$0$2,000$0$18,535$0$19,571$0$1,965$0$458,216$0$0
JEFF NEISEN
VP, REVENUE CYCLE (UNTIL 9/24/2025)$0$286,750$0$11,000$0$1,256$0$17,667$0$24,892$0$341,565$0$0
JOHN PERRY MD
VP, MEDICAL INFORMATION$0$397,641$0$2,000$0$2,847$0$20,700$0$35,341$0$458,529$0$0
RICK SHRUM
VP & CHIEF STRATEGY OFFICER$0$392,583$0$2,000$0$2,780$0$20,700$0$27,735$0$445,798$0$0
DOUG TROCINSKI MD
CHIEF MEDICAL OFFICER, CARY ADMINISTRATION$0$313,213$0$1,000$0$1,367$0$9,496$0$1,191$0$326,267$0$0
BRYON BOULTON MD
PHYSICIAN$0$1,140,071$0$331,528$0$1,710$0$20,700$0$32,291$0$1,526,300$0$0
TIMOTHY HARRIS MD
PHYSICIAN$0$828,442$0$459,152$0$3,963$0$20,700$0$32,178$0$1,344,435$0$0
KEVIN MANOCHA MD
PHYSICIAN$0$448,253$0$875,461$0$413$0$11,340$0$14,441$0$1,349,908$0$0
ASHISH PATEL MD
PHYSICIAN$0$806,502$0$822,517$0$2,074$0$20,700$0$35,020$0$1,686,813$0$0
JUDSON WILLIAMS MD
PHYSICIAN$0$1,018,803$0$342,836$0$1,098$0$20,700$0$32,291$0$1,415,728$0$0
KAREN CHILTON MD
SVP & CHIEF QUALITY OFFICER, BOD, WAKEMED FOUNDATION$0$421,646$0$2,000$0$651$0$20,700$0$0$0$444,997$0$0
ROYLYN JOHNSON
FORMER SECRETARY (UNTIL 2/07/2023)$0$124,836$0$2,000$0$1,712$0$7,752$0$859$0$137,159$0$0
SETH BRODY MD
EVP, CHIEF PHYSICIAN EXECUTIVE$0$677,387$0$2,000$0$3,207$0$20,700$0$0$0$703,294$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE J, PART I, LINE 7FormAndLineReferenceDesc
ExplanationWAKEMED HAS INCENTIVE-BASED PROGRAMS THAT ARE DRIVEN BY ACCOMPLISHING TARGETS ASSOCIATED WITH QUALITY OF CARE FOR DISCHARGE INSTRUCTIONS, PATIENT SATISFACTION AND MINIMUM OPERATING BENEFITS.ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Contribution28ContributionCnt
Noncash Contributions Rpt F990$1,574,887NoncashContributionsRptF990Amt
Method Of Determining RevenuesMARKET VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE M, PART I, LINE 9FormAndLineReferenceDesc
ExplanationSUPPLEMENTAL INFORMATION PART I, COLUMN (B) THE AMOUNT IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, LINE 15 LINE 15A & BALL COMPENSATION REPORTED ON PART VII OF THE FORM 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 TO REVIEW TO ENSURE CONSISTENT AND FAIR COMPENSATION PRACTICES. THE CEO'S COMPENSATION IS APPROVED BY THE WAKEMED GOVERNING BOARD.
FORM 990, PART VI, LINE 7A MEMBERS OR STOCKHOLDERS ELECTING MEMBERS OF GOVERNING BODYEIGHT MEMBERS OF THE BOARD ARE APPOINTED TO THE BOARD OF DIRECTORS BY WAKE COUNTY.
FORM 990, PART VI, LINE 7B DECISIONS REQUIRING APPROVAL BY MEMBERS OR STOCKHOLDERSTHE 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 OF LIENS.
FORM 990, PART VI, LINE 11B REVIEW OF FORM 990 BY GOVERNING BODYTHE 990 AND SCHEDULES ARE REVIEWED BY THE FINANCE COMMITTEE OF THE WAKEMED BOARD OF DIRECTORS WHO THEN RECOMMEND APPROVAL TO THE WAKEMED BOARD OF DIRECTORS. A FINAL COPY IS PROVIDED TO THE WAKEMED BOARD OF DIRECTORS BEFORE FILING.
FORM 990, PART VI, LINE 12C CONFLICT OF INTEREST POLICYTHE 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 ADDRESSING 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.
FORM 990, PART VI, LINE 19 REQUIRED DOCUMENTS AVAILABLE TO THE PUBLICTHE 990 IS AVAILABLE BY REQUEST AND IS PUBLISHED ON GUIDESTAR AND OTHER WEBSITES. FINANCIAL STATEMENTS ARE PUBLICLY AVAILABLE ONLINE AT EMMA, ELECTRONIC MUNICIPAL MARKET ACCESS (HTTPS://EMMA.MSRB.ORG) 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. GOVERNING DOCUMENTS ARE AVAILABLE THROUGH THE SECRETARY OF STATE'S OFFICE. THE CONFLICT OF INTEREST POLICY IS AVAILABLE TO EMPLOYEES (BUT NOT POSTED PUBLICLY). THE FOUNDATION HAS A CONFLICT OF INTEREST POLICY. DIRECTORS SIGN A STATEMENT CONFIRMING THAT THEY HAVE RECEIVED, READ, AND UNDERSTAND THE POLICY WHICH IS INCORPORATED IN THE WAKEMED FOUNDATION BYLAWS. FURTHER, DIRECTORS SIGN THAT THEY HAVE NO KNOWLEDGE OF ANY CONFLICTS OF INTEREST.
FORM 990, PART VII, SECTION A, LINE 1A, COLUMN (E)ALL EMPLOYEES OF THE SUBORDINATE ORGANIZATIONS, INCLUDED THOSE REPORTED ON THE WAKEMED GROUP RETURN, ARE PAID BY THE PARENT ORGANIZATION, WAKEMED.
FORM 990, PART VIII, LINE 11D OTHER MISCELLANEOUS REVENUEALL OTHER REVENUE - TOTAL REVENUE: 164, RELATED OR EXEMPT FUNCTION REVENUE: 164, UNRELATED BUSINESS REVENUE: , REVENUE EXCLUDED FROM TAX UNDER SECTIONS 512, 513, OR 514: ;
FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS OR FUND BALANCESTRANSFERS BETWEEN AFFILIATES - 6743445; TRANSFER OF FIXED ASSETS - 2428071; TOTAL - 9171516;

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1WAKEMEDBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line13000 NEW BERN AVENUEAddressLine1Txt
CityRALEIGHCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27610ZIPCd
FieldValueIRS element (for citing)
EIN566017737EIN
Primary ActivitiesHOSPITALPrimaryActivitiesTxt
Legal Domicile StateNCLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity Status3PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NABusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationfalseControlledOrganizationInd

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1QUALITY TEXTILE SERVICESBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1313 SOUTH ROGERS LANEAddressLine1Txt
CityRALEIGHCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27610ZIPCd
FieldValueIRS element (for citing)
EIN561943802EIN
Primary ActivitiesTEXTILE SERVICESPrimaryActivitiesTxt
Legal Domicile StateNCLegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NABusinessNameLine1Txt
FieldValueIRS element (for citing)
Entity TypeC CORPORATIONEntityTypeTxt
Ownership0.5OwnershipPct
Controlled OrganizationfalseControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (true)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgYes (true)RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (true)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (true)TransferToOtherOrgInd
Transfer From Other OrgYes (true)TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (6 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
WAKEMED
B$5,093,377FMV
WAKEMED
J$11,094,591FMV
WAKEMED
K$1,163,591FMV
WAKEMED
R$11,747,969FMV
WAKEMED
B$253,122FMV
WAKEMED
S$50,342,382FMV

Affiliate Listing AffiliateListing

Affiliate Listing AffiliateListingGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINBusiness Name ControlBusinessNameControlTxt
WAKEMED (PARENT)
3000 NEW BERN AVENUERALEIGHNC27610566017737WAKE
WAKEMED FACULTY PRACTICE PLAN
3000 NEW BERN AVENUERALEIGHNC27610237169178WAKE
WAKEMED PROPERTY SERVICES
3000 NEW BERN AVENUERALEIGHNC27610561133894WAKE
WAKEMED FOUNDATION
3000 NEW BERN AVENUERALEIGHNC27610561916549WAKE
WAKEMED
3000 NEW BERN AVENUERALEIGHNC27610900893457WAKE

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