Carilion Medical Center is a 501(c)(3) organization based in Roanoke, Virginia, registered in 1980, with $1,983,462,548 in FY2023 revenue. CharityIndex grades it A, and it directs about 86% of spending to programs.
Revenue (FY2023)
$2.0B
▲ 13.8% vs prior year
Health median: $840K
Expenses (FY2023)
$1.9B
Net assets
$1.0B
Employees
10,319
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Carilion Medical Center: 86% to programs · $3 to raise $100 earns a A on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Carilion Medical Center: 6 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Carilion Medical Center: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Carilion Medical Center: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Our mission is to improve the health of the communities we serve through our commitment to a common purpose of better patient care, better community health, and lower cost.
Revenue grew from $1.1B (FY2013) to $2.0B (FY2023) across 11 reported years.
Financial snapshot
Operating margin
3.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.2B
Total liabilities
$1.2B
Net assets
$1.0B
Salaries & benefits
$840.7M
44% of expenses
Board members
12
7 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,983,462,548▲13.8% | $1,918,638,997▲8.4% | $1,019,047,811▲6.7% | $2,217,235,562▲11.5% | 990 |
| 2022 | $1,742,822,940▲2.1% | $1,769,567,616▲3.4% | $955,476,693▲0.7% | $1,989,095,314▲2.0% | 990 |
| 2021 | $1,707,278,174▼3.2% | $1,711,194,836▲7.8% | $948,774,089▼6.2% | $1,949,690,459▼11.3% | 990 |
| 2020 | $1,763,656,748▲16.9% | $1,586,779,603▲13.1% | $1,012,004,269▲73.6% | $2,196,887,752▲13.8% | 990 |
| 2019 | $1,508,211,860▲1.3% | $1,403,447,594▲1.5% | $582,799,683▲11.7% | $1,930,321,569▲26.3% | 990 |
| 2018 | $1,489,550,023▲7.8% | $1,382,660,716▲4.7% | $521,887,810▼20.9% | $1,528,858,933▲3.9% | 990 |
| 2017 | $1,381,655,878▲1.3% | $1,319,983,975▲3.9% | $659,637,804▲25.5% | $1,471,060,258▲6.4% | 990 |
| 2016 | $1,364,389,894▲8.6% | $1,269,959,397▲7.2% | $525,562,876▲34.2% | $1,382,902,654▲7.0% | 990 |
| 2015 | $1,256,217,971▲3.2% | $1,184,958,704▲6.4% | $391,491,592▲1.3% | $1,292,474,198▲9.1% | 990 |
| 2014 | $1,216,724,331▲6.6% | $1,114,008,940▲6.6% | $386,553,448▼8.6% | $1,185,047,389▲1.2% | 990 |
| 2013 | $1,141,480,818 | $1,044,738,990▲4.4% | $423,140,301▼1.2% | $1,170,440,385▲9.9% | 990 |
| 2012 | — | $1,000,852,925▲6.9% | $428,253,129▲104% | $1,065,046,581▲8.7% | 990 |
| 2011 | — | $936,242,835▲6.2% | $210,096,300▼9.4% | $979,661,849▲8.9% | 990 |
| 2010 | — | $881,687,839▲5.3% | $231,984,868▼17.7% | $899,698,355▲1.5% | 990 |
| 2009 | — | $837,463,814 | $281,825,936 | $886,304,973 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Jonathan Carmouche Md — $1,620,383 (0.08% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jonathan Carmouche Md | Physician | 50 | $1,620,383 |
| Eric Marvin Md | Physician | 50 | $1,546,060 |
| Gregory Howes Md | Physician | 50 | $1,476,712 |
| Joseph Moskal Md | Svp/chair, Dept. of Orthopedics | 50 | $1,421,697 |
| Adeolu Olasunkanmi Md | Physician | 50 | $1,352,897 |
| Cara Rogers Md | Physician | 50 | $1,111,647 |
| Michael Nussbaum Md | Director/svp/surgical Services Chair | 50 | $976,550 |
| John Jane Md | Svp, Chair Neurosurgery | 50 | $654,291 |
| Jon Sweet Md | Svp/chair, Dept. of Medicine | 50 | $596,807 |
| Daniel Tershak Md | Director/chief of Medical Staff | 50 | $530,882 |
| Paul Haskins Md | Director/physician | 50 | $382,001 |
| Michael Abbott | Senior Vice President | 50 | $361,790 |
| Cathy Jo Swanson Md | Director / Chief of Medical Staff | 2 | $90,000 |
| Lee Learman Md Phd | Director/physician | 4.6 | $8,655 |
| Ann Hoff Phd | Director | 2 | — |
| Damon Williams | Director/chair | 2 | — |
| Daniel Harrington Md | Interim Chief Medical Officer/evp | 50 | — |
| David Hagadorn | Former Officer | 0 | — |
| Donald Halliwill | Asst. Treasurer | 0.5 | — |
| G Robert Vaughan Jr | Treasurer | 0.5 | — |
| Contractor | Services | Paid |
|---|---|---|
| Robins & Morton Branch Builds | Construction Services | $124,261,584 |
| Qualivis LLC | Temporary Staffing | $65,336,017 |
| Quest Diagnostics | Laboratory Services | $29,014,877 |
| Ge Medical Systems | Equipment Maintenance | $13,040,273 |
| Mb Contractors Inc | Contractor Services | $6,982,766 |
30 grants to Carilion Medical Center totaling $764K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Cancer Society Inc | Patient support | 2024 | $22,500 |
| Direct Relief | Support to us clinics & health centers for low-income, uninsured patients | 2024 | $10,850 |
| Virginia Innovation Partnership Corporation | Research | 2023 | $29,977 |
| Direct Relief | Support to us clinics & health centers for low-income, uninsured patients | 2023 | $12,791 |
| American Cancer Society Inc | Patient support | 2023 | $10,000 |
| American Cancer Society Inc | Patient support | 2022 | $70,000 |
| Virginia Innovation Partnership Corporation | Research | 2022 | $45,000 |
| New Venture Fund | Health | 2022 | $40,175 |
| Public Health Institute | Research | 2022 | $7,608 |
| American Cancer Society Inc | Patient support | 2021 | $12,500 |
| The Childrens Hospital of Philadelphia | Research | 2020 | $9,900 |
| New Venture Fund | Health | 2019 | $20,646 |
| New Venture Fund | Health | 2019 | $20,646 |
| Muscular Dystrophy Association | Medical diagnosis | 2019 | $20,000 |
| The Childrens Hospital of Philadelphia | Research | 2019 | $15,688 |
31 grants totaling $5.9M in FY2023 — showing the 15 largest. All grants made by Carilion Medical Center →
| Recipient | Purpose | Amount |
|---|---|---|
| Virginia Tech Carilion School of Medicine | Medical school support | $4,422,046 |
| Ronald Mcdonald House Charities of Southwest Virginia Inc | Donated rent prog support | $286,827 |
| Carilion Clinic Properties LLC | Pediatric behavioral health | $258,407 |
| Radford University | Assoc provost health sci | $243,442 |
| Roanoke-blacksburg Innovation Network | Program support | $100,000 |
| Virginia Growth and Opportunity Foundation | Program support | $100,000 |
| Virginia Health Care Foundation | Program support | $75,000 |
| Virginia Ready Initiative | Program support | $62,500 |
| United Way of Virginias Blue Ridge | Health collaborative | $50,000 |
| The Virginia Chamber Foundation | Program support | $50,000 |
| Bradley Free Clinic of Roanoke Valley | Behavioral health services | $28,000 |
| Virginia Business Higher Education Council | Program support | $25,000 |
| Science Museum of Western Virginia | Program support | $25,000 |
| Grandin Theatre Foundation Inc | Sponsorship | $25,000 |
| The Taubman Museum of Art | Sponsorship | $22,500 |
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Data for Carilion Medical Center (EIN 54-0506332) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.