Goshen Medical Center Incorporated
80% goes to programs $0 to raise $100 Strong reserves
Goshen Medical Center Incorporated is a 501(c)(3) organization based in Faison, North Carolina, registered in 1979, with $64,043,863 in FY2024 revenue. CharityIndex grades it A, and it directs about 80% of spending to programs.
444 Sw Center St, Faison, NC, 28341 EIN 56-1209062 Since 1979
Revenue (FY2024)
$64.0M
▲ 13.6% vs prior year
Health median: $840K
Expenses (FY2024)
$63.4M
Net assets
$80.6M
Employees
600
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
B+Program efficiency40% of the rating80% 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 Goshen Medical Center Incorporated: 80% to programs · $0 to raise $100 earns a B+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating15 mo reserves · +1% 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 Goshen Medical Center Incorporated: 15 mo reserves · +1% margin earns a A 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 Goshen Medical Center Incorporated: 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 Goshen Medical Center Incorporated: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To provide access to affordable health care for all people in eastern north carolina.
Contact & location
- Address
- 444 Sw Center St, Faison, NC, 28341
- City
- Faison
- State
- North Carolina
- Category
- Health Care
- Subcategory
- Clinics & Primary Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $21.8M (FY2013) to $64.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $8.6MNet assets $80.6M
Operating margin
1.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$89.2M
Total liabilities
$8.6M
Net assets
$80.6M
Salaries & benefits
$26.3M
41% of expenses
Board members
9
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $64,043,863▲13.6% | $63,420,409▲27.0% | $80,581,242▲1.3% | $89,151,312▲3.7% | 990 |
| 2023 | $56,381,795▼7.5% | $49,920,926▲10.9% | $79,536,084▲11.8% | $85,934,201▲7.6% | 990 |
| 2022 | $60,939,655▼7.9% | $45,003,526▲0.1% | $71,172,239▲28.9% | $79,862,475▲28.5% | 990 |
| 2021 | $66,151,688▲17.7% | $44,972,210▲2.3% | $55,236,110▲62.6% | $62,171,087▲47.2% | 990 |
| 2020 | $56,212,509▲67.4% | $43,956,543▲36.7% | $33,968,632▲56.4% | $42,237,358▲48.2% | 990 |
| 2019 | $33,571,987▲4.5% | $32,146,341▼1.2% | $21,712,666▲7.0% | $28,502,028▲4.5% | 990 |
| 2018 | $32,138,257▲9.5% | $32,521,003▲11.9% | $20,289,732▼1.9% | $27,277,673▼2.6% | 990 |
| 2017 | $29,355,364▲9.8% | $29,062,105▲11.2% | $20,672,478▲1.4% | $28,000,644▲17.5% | 990 |
| 2016 | $26,728,610▲10.2% | $26,128,359▲5.1% | $20,379,219▲3.0% | $23,834,492▲4.7% | 990 |
| 2015 | $24,258,881▼4.6% | $24,858,814▲16.7% | $19,778,968▼2.9% | $22,771,447▼5.8% | 990 |
| 2014 | $25,439,335▲16.5% | $21,304,080▲11.3% | $20,378,901▲25.5% | $24,178,396▲27.3% | 990 |
| 2013 | $21,841,087 | $19,144,299▲4.4% | $16,243,646▲19.9% | $18,997,166▲13.7% | 990 |
| 2012 | — | $18,341,416▼4.2% | $13,546,858▲13.4% | $16,713,317▲10.5% | 990 |
| 2011 | — | $19,149,358▲0.6% | $11,942,152▼3.8% | $15,131,791▼4.5% | 990 |
| 2010 | — | $19,031,530 | $12,412,629 | $15,844,710 | 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: Gregory M Bounds — $651,252 (1.03% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Gregory M Bounds | Ceo | 40 | $651,252 |
| Rhonda Barwick | Deputy Chief | 40 | $264,517 |
| Carle Pate Jr | Medical Dire | 40 | $251,463 |
| Franquil Diaz | Dental Direc | 40 | $203,693 |
| David Parker | Physician | 40 | $195,756 |
| Maria Alvarez | Physician | 40 | $176,872 |
| Chester Aycock | Bd Chairman | — | — |
| Edith De Sosa | Member | — | — |
| Emma Brinson | Member | — | — |
| James Roa | Treasurer | — | — |
| Mattie Atkinson | Vice Chair | — | — |
| Melba Harrell | Member | — | — |
| Patricia Davis | Secretary | — | — |
| Sybil Merkinson | Member | — | — |
| Tanty Freeman | Member | — | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Naia Corporation | It Service | $2,106,850 |
| Naia Corporation | It Service | $2,106,850 |
| Managing Care Solutions | Consulting | $980,580 |
| Managing Care Solutions | Consulting | $980,580 |
| Practice Mgt Support Services Inc | Medical Billing | $951,333 |
| Practice Mgt Support Services Inc | Medical Billing | $951,333 |
| Scribe Emr | Scribe Services | $814,818 |
| Scribe Emr | Scribe Services | $814,818 |
| South Carolina Telecommunications Gr | Data & Internet | $444,331 |
| South Carolina Telecommunications Gr | Data & Internet | $444,331 |
Grants received · $2.5M total
15 grants to Goshen Medical Center Incorporated totaling $2.5M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Cancer Society Inc | Patient support | 2024 | $20,000 |
| American Cancer Society Inc | Patient support | 2024 | $10,000 |
| Community Care of North Carolina Inc | Helping independent practices expand access to and improve quality of care for vulnerable populations | 2023 | $334,559 |
| American Cancer Society Inc | Patient support | 2023 | $20,000 |
| Direct Relief | Power for health | 2022 | $475,000 |
| American Cancer Society Inc | Patient support | 2022 | $10,000 |
| Direct Relief | Fund for health equity, lilly health equity | 2021 | $250,000 |
| The Golden L E A F Long-term Economic Advancement Foundation In | See part iv | 2021 | $200,000 |
| Direct Relief | Hurricane florence, covid19-us | 2019 | $422,000 |
| Direct Relief | Support to us clinics & health centers for low-income, uninsured patients | 2019 | $22,460 |
| The Golden L E A F Long-term Economic Advancement Foundation In | See part iv | 2018 | $200,000 |
| Direct Relief | Support to us clinics & health centers for low-income, uninsured patients | 2018 | $100,294 |
| Americares Foundation Inc | Emergency | 2018 | $41,776 |
| The Golden L E A F Long-term Economic Advancement Foundation In | Gmc tabor city healthcare necrosis in sweet potatoes | 2014 | $200,000 |
| Cumberland County Hospital System Inc | — | 2014 | $172,281 |
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Compare Goshen Medical Center Incorporated
Frequently asked questions
- Is Goshen Medical Center Incorporated a legitimate nonprofit?
- Yes. Goshen Medical Center Incorporated is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-1209062, based in Faison, North Carolina. Donations are tax-deductible.
- What is Goshen Medical Center Incorporated's EIN?
- Goshen Medical Center Incorporated's Employer Identification Number (EIN) is 56-1209062.
- How much revenue does Goshen Medical Center Incorporated report?
- Goshen Medical Center Incorporated reported $64,043,863 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Goshen Medical Center Incorporated's spending goes to programs?
- Goshen Medical Center Incorporated spends about 80% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Goshen Medical Center Incorporated have?
- CharityIndex grades Goshen Medical Center Incorporated A, based on program efficiency and fundraising cost.
- How much does Goshen Medical Center Incorporated's highest-paid employee make?
- The highest reported compensation on Goshen Medical Center Incorporated's latest Form 990 is $651,252, paid to Gregory M Bounds (Ceo).
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Data for Goshen Medical Center Incorporated (EIN 56-1209062) 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.