NORTH CAROLINA BAPTIST HOSPITAL Charity Report

Public IRS 990 nonprofit record

NORTH CAROLINA BAPTIST HOSPITAL

EIN 56-0552787 · Health Care (E220)

What they do

SEE SCHEDULE O for CONTINUATIONNORTH CAROLINA BAPTIST HOSPITAL (AT TIMES ALSO REFERRED to AS THE "HOSPITAL or "NCBH or "THE FILING ORGANIZATION") is AN INTEGRAL PART of ATRIUM HEALTH WAKE FOREST BAPTIST (AHWFB), A PREEMINENT LEARNING HEALTH SYSTEM and ACADEMIC MEDICAL CENTER of THE HIGHEST QUALITY WITH BALANCED EXCELLENCE IN PATIENT CARE, RESEARCH and EDUCATION THAT PROMOTES BETTER HEALTH for ALL THROUGH COLLABORATION, EXCELLENCE and INNOVATION. AHWFBS MISSION is to IMPROVE HEALTH, ELEVATE HOPE, and ADVANCE HEALING for ALL. AHWFBS VISION is to BE THE FIRST and BEST CHOICE for CARE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $94.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders20 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

92.53%of revenue went to mission work94.9% of expenses · Program services

$97.50spent for every $100 of revenueRevenue covered expenses this year.

4.97%of revenue went to management and office costs5.1% of expenses

$0.88in assets for every $1 spent this yearSome assets cannot be spent right away.

0.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $7,634,720 for JULIE ANN FREISCHLAG MD (CEO OF AHWFB). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$3,259,407,603

Mission workProgram services$3,015,986,25392.53% of revenue94.9% of expenses

ManagementOffice and general costs$162,065,7204.97% of revenue5.1% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$81,355,6302.50% of revenueShown in gray on the chart

Total expenses$3,178,051,97397.50% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 94.9% mission · 5.1% management · 0.0% fundraisingTotal expenses: 97.50% of revenue

2023Expense mix: 91.7% mission · 8.3% management · 0.0% fundraisingTotal expenses: 98.49% of revenue

2022Expense mix: 93.6% mission · 6.4% management · 0.0% fundraisingTotal expenses: 100.83% of revenue

2021Expense mix: 92.2% mission · 7.8% management · 0.0% fundraisingTotal expenses: 100.96% of revenue

2020Expense mix: 92.4% mission · 7.6% management · 0.0% fundraisingTotal expenses: 96.88% of revenue

2019Expense mix: 91.5% mission · 8.5% management · 0.0% fundraisingTotal expenses: 99.96% of revenue

2018Expense mix: 89.5% mission · 10.5% management · 0.0% fundraisingTotal expenses: 102.23% of revenue

2017Expense mix: 89.3% mission · 10.7% management · 0.0% fundraisingTotal expenses: 100.38% of revenue

Money in and money out

Revenue$3,259,407,603

Expenses$3,178,051,973

Annual surplus $81,355,630 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$3,015,986,253 · 94.9% of expenses

Management and office costs$162,065,720 · 5.1% of expenses

See all reported dollar amounts

Revenue$3,259,407,603

Expenses$3,178,051,973

Assets$2,781,137,808

Income$3,260,572,213

Contributions$5,370,913

Mission work (program services)$3,015,986,253

Grants given$11,083,179

Average grant$41,510

Management and general$162,065,720

Executive compensation (total)$21,101,628

Stocks and bonds$963,592,986

Investing fees$798,239

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JULIE ANN FREISCHLAG MDCEO OF AHWFB · 16 hrs/week $7,634,720Base $7,594,629 · Other $40,091

BRADLEY A CLARKEVP, TREASURER · 2 hrs/week $2,933,092Base $2,513,703 · Other $419,389

TERRY G WILLIAMSFORMER OFFICER $2,453,054Base $2,204,442 · Other $248,612

L EBONY BOULWARE MDDEAN, WFU SOM · 40 hrs/week $1,752,689Base $1,717,096 · Other $35,593

DAVID ZAAS MDPRES, HEALTH SYSTEM · 10 hrs/week $1,354,179Base $1,314,010 · Other $40,169

KEVIN P HIGH MDFORMER OFFICER $1,322,346Base $1,277,196 · Other $45,150

STEPHAN L LILLIESVP & CFO AHWFB · 13 hrs/week $62,046Base · Other $62,046

MICHAEL T WAIDSVP HLTH SYS OPS & INTG · 26 hrs/week $50,757Base · Other $50,757

ALISA STARBUCK DNPPRES BRENNERS CH HOSP · 40 hrs/week $40,148Base · Other $40,148

TODD BANKHEADSVP CLINICAL OPS, COO · 40 hrs/week $39,293Base · Other $39,293

A MICK FISHERSVP, CHRO WFB · 8 hrs/week $34,812Base · Other $34,812

LISA M MARSHALLVP, CHIEF PHIL OFF · 10 hrs/week $31,375Base · Other $31,375

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (20)

JULIE ANN FREISCHLAG MDCEO OF AHWFB

BRADLEY A CLARKEVP, TREASURER

TERRY G WILLIAMSFORMER OFFICER

L EBONY BOULWARE MDDEAN, WFU SOM

DAVID ZAAS MDPRES, HEALTH SYSTEM

KEVIN P HIGH MDFORMER OFFICER

STEPHAN L LILLIESVP & CFO AHWFB

MICHAEL T WAIDSVP HLTH SYS OPS & INTG

ALISA STARBUCK DNPPRES BRENNERS CH HOSP

TODD BANKHEADSVP CLINICAL OPS, COO

A MICK FISHERSVP, CHRO WFB

LISA M MARSHALLVP, CHIEF PHIL OFF

J MCLAIN WALLACE JRSVP, GEN COUNSEL & SEC

CATHLEEN WHEATLEY DNPPRES WFBMC, SVP CNO

REV FRANK THOMASTRUSTEE

SHEREE B WATSONTRUSTEE

STEPHEN L ROBERTSONCHAIR

ARTHUR A GIBELVICE CHAIR

A LEE HERRINGTRUSTEE

WILLIAM C WARDEN JRCHAIR

About this charity

Recognized since: January 2003
Location: MEDICAL CENTER BOULEVARD, WINSTONSALEM, NC 27157-0001
County: Forsyth
In care of: % TRACY LESSER
Primary officer: BRADLEY A CLARK, TREASURER

How to reach them

WebsiteVisit the charity’s website Phone(336) 716-2276 Officer phone(336) 716-4445

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
NTEE classification: Health Care (E220)
IRS tax category: General Medical and Surgical Hospitals
Grant-giving organization: Yes