CABARRUS HEALTHCARE FOUNDATION Charity Report

Public IRS 990 nonprofit record

CABARRUS HEALTHCARE FOUNDATION

EIN 58-2055709 · Health Care (E110)

What they do

THE MISSION of CABARRUS HEALTHCARE FOUNDATION is to IMPROVE HEALTH, ELEVATE HOPE and ADVANCE HEALING for ALL THROUGH AWARENESS of and FUNDRAISING for ATRIUM HEALTH CABARRUS

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $93.40 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 leaders30 people are listed in the latest report.

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

Money made simple

57.98%of revenue went to mission work93.4% of expenses · Program services

$62.06spent for every $100 of revenueRevenue covered expenses this year.

4.09%of revenue went to management and office costs6.6% of expenses

$16.30in assets for every $1 spent this yearSome assets cannot be spent right away.

61.3%of its money came from giftsOther money may come from services or investments.

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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 $34,735 for CHARLIE CARLOS E SASTOQUE (EXECUTIVE DIRECTOR). 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$2,951,943

Mission workProgram services$1,711,51057.98% of revenue93.4% of expenses

ManagementOffice and general costs$120,5964.09% of revenue6.6% of expenses

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

Revenue left after expensesReported annual surplus$1,119,83737.94% of revenueShown in gray on the chart

Total expenses$1,832,10662.06% 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: 93.4% mission · 6.6% management · 0.0% fundraisingTotal expenses: 62.06% of revenue

2023Expense mix: 88.9% mission · 11.1% management · 0.0% fundraisingTotal expenses: 41.31% of revenue

2022Expense mix: 99.8% mission · 0.2% management · 0.0% fundraisingTotal expenses: 133.95% of revenue

2021Expense mix: 99.8% mission · 0.2% management · 0.0% fundraisingTotal expenses: 35.75% of revenue

2020Expense mix: 89.2% mission · 10.8% management · 0.0% fundraisingTotal expenses: 51.25% of revenue

2019Expense mix: 93.9% mission · 6.1% management · 0.0% fundraisingTotal expenses: 60.38% of revenue

2018Expense mix: 89.4% mission · 10.6% management · 0.0% fundraisingTotal expenses: 46.62% of revenue

2017Expense mix: 92.5% mission · 7.5% management · 0.0% fundraisingTotal expenses: 109.80% of revenue

Money in and money out

Revenue$2,951,943

Expenses$1,832,106

Annual surplus $1,119,837 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)$1,711,510 · 93.4% of expenses

Management and office costs$120,596 · 6.6% of expenses

See all reported dollar amounts

Revenue$2,951,943

Expenses$1,832,106

Assets$29,869,050

Income$5,751,261

Contributions$1,811,012

Mission work (program services)$1,711,510

Grants given$9,260,810

Average grant$1,157,601

Management and general$120,596

Stocks and bonds$28,630,346

Investing fees$114,013

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

CHARLIE CARLOS E SASTOQUEEXECUTIVE DIRECTOR · 40 hrs/week $34,735Base · Other $34,735

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 (30)

CHARLIE CARLOS E SASTOQUEEXECUTIVE DIRECTOR

JAZMIN CALDWELLBOARD MEMBER

WILL LISKBOARD MEMBER

SUSAN BAREBOARD MEMBER

STEVE TALBERTSECRETARY

SANDRA TORRESBOARD MEMBER

PAT HORTONIMMEDIATE PAST BOARD CHAIR

PAM CAINVICE CHAIR

KRISTIN RODGERSBOARD MEMBER

KAYLA GARCIA MDBOARD MEMBER

KATIE ANSONBOARD MEMBER

JON YANCEYTREASURER

JOHN TURNER DMDBOARD MEMBER

JOHN HEINZERLING MDBOARD MEMBER

JOHN BISHOPBOARD MEMBER

JESSICA TUCKERBOARD MEMBER

ALLEN CRAVENBOARD MEMBER

JANE JACOBSBOARD MEMBER

HANK ALSTONBOARD CHAIR

GERALDINE PLOTTREPRESENTATIVE - VOLUNTEER

DIANNE SNYDER PHDPAST BOARD CHAIR

DIANE HONEYCUTTBOARD MEMBER

DEAN WIKEBOARD MEMBER

DAKEITA VANDERBURGBOARD MEMBER

CHRISTOPHER HOLLAND MDBOARD MEMBER

BRITT LEATHERMANBOARD MEMBER

BOB BRATTONBOARD MEMBER

BILL DUSCHBOARD MEMBER

ANN CANNONBOARD MEMBER

ANGIE BROWNBOARD MEMBER

About this charity

Recognized since: January 1993
Location: 920 CHURCH ST N, CONCORD, NC 28025-2927
County: Cabarrus
In care of: JON YANCEY
Primary officer: JON YANCEY, TREASURER

How to reach them

WebsiteVisit the charity’s website Phone(704) 403-1369

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: DMJPS PLLC
NTEE classification: Health Care (E110)
IRS tax category: Other Grantmaking and Giving Services
Grant-giving organization: Yes