North Carolina Baptist Hospital
95% goes to programs $0 to raise $100 Strong reserves Growing revenue
North Carolina Baptist Hospital is a 501(c)(3) organization based in Winstonsalem, North Carolina, registered in 2003, with $3,259,407,603 in FY2024 revenue. CharityIndex grades it A+, and it directs about 95% of spending to programs.
Medical Center Boulevard, Winstonsalem, NC, 27157 EIN 56-0552787 Since 2003
Revenue (FY2024)
$3.3B
▲ 9.6% vs prior year
Health median: $840K
Expenses (FY2024)
$3.2B
Net assets
$1.7B
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating95% 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 North Carolina Baptist Hospital: 95% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating7 mo reserves · +2% 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 North Carolina Baptist Hospital: 7 mo reserves · +2% 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 North Carolina Baptist Hospital: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 North Carolina Baptist Hospital: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To improve health, elevate hope, and advance healing for all
What they do
1. clinical services the clinicians and research scientists of wake forest baptist health are nationally recognized for clinical excellence and internationally known for pioneering research and clinical innovation. its clinical enterprise offers expertise in more than 100 areas of medicine, encompassing comprehensive preventive and highly specialized care for all ages. the medical center network includes the 167-bed comprehensive cancer center and the 144-bed brenner children's hospital, both of which are on the main campus in winston-salem, as well as community hospitals in davidson, davie, guilford and wilkes counties. across its service area of northwest north carolina and southwest virginia, wake forest baptist health has 16 emergency departments, including 10 that are staffed but not owned by wake forest baptist health; four urgent care centers; 78 primary care clinics; 268 specialty clinics; 18 outpatient dialysis centers and one free-standing dialysis access center. the wake forest baptist health system employs 2,509 physicians, 4,778 registered nurses, and 903 residents and fellows. it has a total staff of 15,097 on the medical center campus in winston-salem and 20,038 within the wake forest baptist health system. overall in fy 2019, wake forest baptist health had 76,706 inpatient admissions, 229,954 emergency department visits and 2,246,511 clinic visits (ambulatory visits and outpatient departments).2. outreachwake forest baptist health continues a broad-based effort to reach underserved populations across its service area. wake forest baptist health's annual community benefits report reflects this commitment. in fiscal 2019 wake forest baptist health spent $580.7 million to support these areas: subsidized health costs community health outreach charity care research education unreimbursed costs of government programsone anchor of outreach for wake forest baptist health is its downtown health plaza, a full-service, outpatient medical clinic that serves many of forsyth county's uninsured and underinsured residents with a state-of-the-art medical home. in addition to clinical care, the downtown health plaza offers community health fairs, diabetes education and a centering pregnancy program that is reducing the incidence of low birth weight babies. altogether, 60,370 patient visits were recorded at the downtown health plaza in the 2019 fiscal year, and another 11,141 visits were recorded at winston east pediatrics, a nearby wake forest baptist health care facility serving the uninsured and underinsured.wake forest baptist health's programs and partnerships reflect innovative efforts to reach underserved populations. they include:_ regular community-based health clinics, including: the weekly delivering equal access to care (deac) clinic, which moved into the wake forest school of medcine's bowman gray center for medical education in downtown winston-salem's innovation quarter in fall 2018, the monthly triad free health clinic at community mosque in winston-salem, the monthly grace clinic at new light missionary baptist church in winston-salem and the annual share the health fair at the downtown health plaza in winston-salem. these clinics, sponsored by private organizations and churches with volunteer assistance from wake forest baptist health physicians, nurses, medical students and others, attract thousands of people to screenings for acute and chronic conditions. _ the school of medicine's physician assistant (pa) program, which is increasing the number of pas working in primary care in north carolina's rural appalachian counties through its second campus at appalachian state university in boone. _ faithhealthnc, an initiative that connects the caring strengths of congregations, the clinical expertise of providers and a network of community resources to ease those on the journey to health and healing, strengthening communities in the process. one example of this work is a faithhealth program in which workers known as
Contact & location
- Address
- Medical Center Boulevard, Winstonsalem, NC, 27157
- City
- Winstonsalem
- State
- North Carolina
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $1.3B (FY2013) to $3.3B (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.0BNet assets $1.7B
Operating margin
2.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.8B
Total liabilities
$1.0B
Net assets
$1.7B
Salaries & benefits
$1.1B
35% of expenses
Board members
6
6 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,259,407,603▲9.6% | $3,178,051,973▲8.5% | $1,743,651,132▲16.6% | $2,781,137,808▲15.9% | 990 |
| 2023 | $2,974,309,173▲19.0% | $2,929,347,846▲16.2% | $1,495,186,102▲11.3% | $2,399,495,652▲9.9% | 990 |
| 2022 | $2,499,734,301▲107% | $2,520,454,293▲107% | $1,343,805,690▼9.5% | $2,183,312,199▼12.8% | 990 |
| 2021 | $1,207,994,903▼47.8% | $1,219,581,755▼45.6% | $1,484,592,898▲0.8% | $2,504,263,399▼0.6% | 990 |
| 2020 | $2,315,710,065▲14.0% | $2,243,527,437▲10.4% | $1,473,028,219▲26.7% | $2,518,157,866▲9.8% | 990 |
| 2019 | $2,032,129,658▲6.5% | $2,031,311,339▲4.2% | $1,162,183,851▲0.6% | $2,292,609,329▲9.2% | 990 |
| 2018 | $1,907,506,079▲6.2% | $1,950,016,623▲8.2% | $1,155,226,774▲3.3% | $2,099,795,220▲7.6% | 990 |
| 2017 | $1,795,774,962▲3.4% | $1,802,673,061▲7.2% | $1,118,495,298▲5.6% | $1,951,468,151▲0.9% | 990 |
| 2016 | $1,737,505,621▲16.8% | $1,682,172,741▲15.5% | $1,059,086,365▲13.0% | $1,934,393,445▲4.7% | 990 |
| 2015 | $1,487,683,440▲3.9% | $1,456,458,151▲4.6% | $937,641,723▼1.8% | $1,847,321,313▲2.3% | 990 |
| 2014 | $1,431,360,167▲11.2% | $1,392,967,190▲7.1% | $954,654,157▲0.2% | $1,805,945,830▼0.4% | 990 |
| 2013 | $1,286,843,575 | $1,300,365,505▲3.1% | $952,460,210▼1.0% | $1,812,990,944▲2.0% | 990 |
| 2012 | — | $1,260,863,811▲7.8% | $962,498,056▲1.5% | $1,778,311,980▲9.8% | 990 |
| 2011 | — | $1,169,891,144▲14.5% | $948,468,605▼1.4% | $1,619,889,593▲10.8% | 990 |
| 2010 | — | $1,021,538,028▲12.0% | $961,685,360▲26.3% | $1,461,474,196▲6.4% | 990 |
| 2009 | — | $911,831,491 | $761,536,021 | $1,373,130,564 | 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: Julie Ann Freischlag Md — $7,594,629 (0.24% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Julie Ann Freischlag Md | Ceo of Ahwfb | 15.7 | $7,594,629 |
| Bradley A Clark | Evp, Treasurer | 2.2 | $2,513,703 |
| Terry G Williams | Former Officer | 0 | $2,204,442 |
| L Ebony Boulware Md | Dean, Wfu Som | 40 | $1,717,096 |
| David Zaas Md | Pres, Health System | 10 | $1,314,010 |
| Kevin P High Md | Former Officer | 0 | $1,277,196 |
| A Lee Herring | Trustee | 2 | — |
| Alisa Starbuck Dnp | Pres Brenner's Ch Hosp | 40 | — |
| A Mick Fisher | Svp, Chro Wfb | 7.9 | — |
| Arthur A Gibel | Vice Chair | 2 | — |
| Cathleen Wheatley Dnp | Pres Wfbmc, Svp Cno | 40 | — |
| J Mclain Wallace Jr | Svp, Gen Counsel & Sec | 12.8 | — |
| Lisa M Marshall | Vp, Chief Phil Off | 10 | — |
| Michael T Waid | Svp Hlth Sys Ops & Intg | 26.5 | — |
| Rev Frank Thomas | Trustee | 2 | — |
| Sheree B Watson | Trustee | 2 | — |
| Stephan L Lillie | Svp & Cfo Ahwfb | 13 | — |
| Stephen L Robertson | Chair | 2 | — |
| Todd Bankhead | Svp Clinical Ops, Coo | 40 | — |
| William C Warden Jr | Chair | 2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Brasfield & Gorrie - Frank L Blum Constr | Construction Contractor Services | $34,088,898 |
| Aya Health Care | Contract Healthcare Services | $32,948,290 |
| Trimedx Holdings LLC | Clinical Engineering Services | $12,053,033 |
| Aramark Services Inc | Facilities Management Services | $10,660,538 |
| Sodexo Magic LLC | Facilities Management Services | $10,327,978 |
Grants received · $3.3M total
17 grants to North Carolina Baptist Hospital totaling $3.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $255,000 |
| National Philanthropic Tr | Human services | 2023 | $51,000 |
| High Point Regional Health | Support for triad healthcare preparedness coalition | 2023 | $25,000 |
| Donor Advised Charitable Giving | Health | 2023 | $6,000 |
| National Philanthropic Tr | Health | 2022 | $52,000 |
| National Philanthropic Tr | Health | 2021 | $52,000 |
| Donor Advised Charitable Giving | Health | 2021 | $6,700 |
| Wake Forest University Health Sciences | Care & cure fund | 2020 | $397,385 |
| National Philanthropic Tr | Health | 2020 | $52,000 |
| Donor Advised Charitable Giving | Health | 2020 | $14,250 |
| Donor Advised Charitable Giving | Health | 2020 | $14,250 |
| Wake Forest University Health Sciences | Care & cure fund | 2019 | $357,000 |
| National Philanthropic Tr | Health | 2019 | $52,000 |
| Donor Advised Charitable Giving | Health | 2018 | $5,700 |
| Wake Forest University Health Sciences | Nicu expansion | 2017 | $1,966,674 |
Grants made · $634K in FY2024
17 grants totaling $634K in FY2024 — showing the 15 largest. All grants made by North Carolina Baptist Hospital →
| Recipient | Purpose | Amount |
|---|---|---|
| Kaleideum | Supporting children's museum and science center | $200,000 |
| Piedmont Regional Trauma System Inc | Supporting integrated trauma system | $100,000 |
| Habitat For Humanity International Inc | Supporting programs that provide housing to underprivileged | $50,000 |
| Ccfc Academy | Supporting programs that create a level playing field for every child regardless of ther socioeconomic background | $50,000 |
| American Heart Association Inc | Supporting cardiovascular research and programs | $44,600 |
| Neighbors For Better Neighborhoods | Supporting services that address civic accountability of the neighborhoods of winston-salem and forsyth county | $28,000 |
| Leadership Winston-salem | Supporting programs to improve the community | $26,820 |
| Forsyth Backpack Program | Supporting program to feed chronically hungry children in winston-salem forsyth county nc schools | $25,000 |
| Greater Winston Salem Chamber of Commerce Foundation Inc | Supporting minority business enterprise | $20,000 |
| Second Harvest Food Bank of Northwest North Carolina Inc | Supporting services that increase food security and create pathways that build a stronger community | $20,000 |
| Hospital Hospitality House of Winston-salem | Supporting program providing affordable lodging to patients | $18,000 |
| Davie Community Foundation Inc | Supporting programs that promote philanthropy in the community | $10,500 |
| Winston Starts | Supporting programs to help entrepreneurial community in winston-salem | $10,000 |
| Davie County Chamber of Commerce Inc | Supporting programs that advance the economic and civic interests of the business community | $8,400 |
| Ronald Mcdonald House Charities of the Piedmont Triad Inc | Supporting program for children receiving medical care | $8,000 |
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Frequently asked questions
- Is North Carolina Baptist Hospital a legitimate nonprofit?
- Yes. North Carolina Baptist Hospital is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-0552787, based in Winstonsalem, North Carolina. Donations are tax-deductible.
- What is North Carolina Baptist Hospital's EIN?
- North Carolina Baptist Hospital's Employer Identification Number (EIN) is 56-0552787.
- How much revenue does North Carolina Baptist Hospital report?
- North Carolina Baptist Hospital reported $3,259,407,603 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of North Carolina Baptist Hospital's spending goes to programs?
- North Carolina Baptist Hospital spends about 95% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does North Carolina Baptist Hospital have?
- CharityIndex grades North Carolina Baptist Hospital A+, based on program efficiency and fundraising cost.
- How much does North Carolina Baptist Hospital's highest-paid employee make?
- The highest reported compensation on North Carolina Baptist Hospital's latest Form 990 is $7,594,629, paid to Julie Ann Freischlag Md (Ceo of Ahwfb).
More nonprofits in Winstonsalem
Explore more
Data for North Carolina Baptist Hospital (EIN 56-0552787) 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.