Cumberland County Hospital System Inc
82% goes to programs $0 to raise $100 Strong reserves Declining revenue
Cumberland County Hospital System Inc is a 501(c)(3) organization based in Fayetteville, North Carolina, registered in 1969, with $346,889,617 in FY2024 revenue. CharityIndex grades it A, and it directs about 82% of spending to programs.
1638 Owen Dr, Fayetteville, NC, 28304 EIN 56-0845796 Since 1969
Revenue (FY2024)
$346.9M
▼ 70.5% vs prior year
Health median: $840K
Expenses (FY2024)
$359.1M
Net assets
$871.5M
Employees
10,251
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating82% to programs · $0 to raise $100
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 Cumberland County Hospital System Inc: 82% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating29 mo reserves · -4% margin
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 Cumberland County Hospital System Inc: 29 mo reserves · -4% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
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 Cumberland County Hospital System Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
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 Cumberland County Hospital System Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Providing exceptional healthcare for all our patients
Contact & location
- Address
- 1638 Owen Dr, Fayetteville, NC, 28304
- City
- Fayetteville
- State
- North Carolina
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $865.4M (FY2013) to $346.9M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $956.0MNet assets $871.5M
Operating margin
-3.5%
Spent more than it raised in the latest fiscal year.
Total assets
$1.8B
Total liabilities
$956.0M
Net assets
$871.5M
Salaries & benefits
$203.6M
57% of expenses
Board members
21
21 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $346,889,617▼70.5% | $359,057,261▼67.3% | $871,496,536▲14.0% | $1,827,526,190▲10.7% | 990 |
| 2022 | $1,176,686,907▼6.7% | $1,096,544,980▼9.4% | $764,253,106▲11.2% | $1,650,668,720▲14.0% | 990 |
| 2021 | $1,261,363,285▲3.9% | $1,210,920,764▲6.0% | $687,320,599▼7.3% | $1,447,981,523▼1.8% | 990 |
| 2020 | $1,213,841,835▲4.1% | $1,141,872,968▲2.4% | $741,802,706▲20.7% | $1,474,757,677▲6.5% | 990 |
| 2019 | $1,166,523,233▲1.5% | $1,115,330,182▼0.3% | $614,399,877▲10.3% | $1,384,134,000▲19.4% | 990 |
| 2018 | $1,149,399,604▲4.4% | $1,118,905,731▲6.6% | $557,017,569▲5.0% | $1,159,079,000▲5.0% | 990 |
| 2017 | $1,101,115,376▲8.5% | $1,049,428,082▲7.4% | $530,441,663▲6.3% | $1,103,430,000▼1.2% | 990 |
| 2016 | $1,014,945,140▲8.7% | $977,312,145▲8.5% | $499,162,036▲11.5% | $1,116,370,000▲3.4% | 990 |
| 2015 | $933,584,011▲5.9% | $900,790,016▲5.6% | $447,530,450▲9.3% | $1,079,268,000▲1.8% | 990 |
| 2014 | $881,297,860▲1.8% | $852,728,567▲1.8% | $409,462,550▼11.5% | $1,059,832,850▲3.4% | 990 |
| 2013 | $865,361,496 | $837,282,605▲0.6% | $462,705,119▲6.5% | $1,024,920,170▲9.5% | 990 |
| 2012 | — | $831,997,251▲3.8% | $434,443,209▲7.3% | $935,749,959▲0.7% | 990 |
| 2011 | — | $801,555,707▲8.1% | $404,866,109▲17.4% | $929,405,691▲7.4% | 990 |
| 2010 | — | $741,727,948▲8.2% | $344,877,686▲3.2% | $865,155,354▲2.1% | 990 |
| 2009 | — | $685,389,617 | $334,061,185 | $846,966,837 | 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.
Leadership & compensation (FY2024)
Highest-paid: Michael Nagowski — $1,751,758 (0.49% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Michael Nagowski | Ceo | 54 | $1,751,758 |
| Deren Bagsby | Physician | 40 | $1,550,874 |
| Robert Maughan | Physician | 40 | $1,296,921 |
| Daniel Mcbrayer | Physician | 40 | $1,118,766 |
| Charles Haworth | Physician | 40 | $1,097,213 |
| Michael Zappa | Vp | 40 | $1,017,634 |
| Daniel Weatherly | Coo | 54 | $991,567 |
| Bret Johnson | Cfo | 54 | $804,547 |
| Philip Wood Jr | Cio | 54 | $606,948 |
| Deborah Marshburn | Cno | 54 | $495,612 |
| Afua Arhim | Trustee | 2 | — |
| Chuck Chima | Trustee | 2 | — |
| Clarence Grier | Trustee | 2 | — |
| Ernest Jones | Secretary | 2 | — |
| Girum Feyissa Md | Trustee | 2 | — |
| Glenn Adams | Trustee | 2 | — |
| Jeannette Council | Trustee | 2 | — |
| Jimmy Keefe | Vice Chair | 2 | — |
| Kelvin Farmer | Trustee | 2 | — |
| Larry Lancaster | Trustee | 2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Rodgers Builders Inc | Contruction | $36,129,844 |
| Aya Healthcare Inc | Contract Labor | $28,886,763 |
| Tkc Cccxv LLC | Contruction | $24,045,751 |
| Aramark Dallas Lockbox | Management Fees | $23,434,690 |
| Amn Healthcare Inc | Contract Labor | $18,454,942 |
Grants received · $1.0M total
3 grants to Cumberland County Hospital System Inc totaling $1.0M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American College of Cardiology Foundation | — | 2021 | $6,000 |
| The Golden L E A F Long-term Economic Advancement Foundation In | See part iv | 2019 | $638,800 |
| The Golden L E A F Long-term Economic Advancement Foundation In | See part iv | 2017 | $375,350 |
Grants made · $309K in FY2024
1 grant totaling $309K in FY2024. All grants made by Cumberland County Hospital System Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Cape Fear Valley Medical Foundation Inc | General support | $308,713 |
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Frequently asked questions
- Is Cumberland County Hospital System Inc a legitimate nonprofit?
- Yes. Cumberland County Hospital System Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-0845796, based in Fayetteville, North Carolina. Donations are tax-deductible.
- What is Cumberland County Hospital System Inc's EIN?
- Cumberland County Hospital System Inc's Employer Identification Number (EIN) is 56-0845796.
- How much revenue does Cumberland County Hospital System Inc report?
- Cumberland County Hospital System Inc reported $346,889,617 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Cumberland County Hospital System Inc's spending goes to programs?
- Cumberland County Hospital System Inc spends about 82% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Cumberland County Hospital System Inc have?
- CharityIndex grades Cumberland County Hospital System Inc A, based on program efficiency and fundraising cost.
- How much does Cumberland County Hospital System Inc's highest-paid employee make?
- The highest reported compensation on Cumberland County Hospital System Inc's latest Form 990 is $1,751,758, paid to Michael Nagowski (Ceo).
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Data for Cumberland County Hospital System Inc (EIN 56-0845796) 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.