Southeastern Regional Medical Center
71% goes to programs Growing revenue
Southeastern Regional Medical Center is a 501(c)(3) organization based in Lumberton, North Carolina, registered in 2011, with $334,313,851 in FY2023 revenue. CharityIndex grades it B+, and it directs about 71% of spending to programs.
300 W 27th St, Lumberton, NC, 28358 EIN 56-0530233 Since 2011
Revenue (FY2023)
$334.3M
▲ 10.0% vs prior year
Health median: $840K
Expenses (FY2023)
$314.7M
Net assets
$108.6M
Employees
2,171
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
C+Program efficiency40% of the rating71% to programs
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 Southeastern Regional Medical Center: 71% to programs earns a C+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating4 mo reserves · +6% 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 Southeastern Regional Medical Center: 4 mo reserves · +6% 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 Southeastern Regional Medical Center: 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 Southeastern Regional Medical Center: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Southeastern regional medical center exists to provide quality regional health care in a safe, compassionate, and efficient environment
Contact & location
- Address
- 300 W 27th St, Lumberton, NC, 28358
- City
- Lumberton
- State
- North Carolina
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $278.0M (FY2013) to $334.3M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $225.4MNet assets $108.6M
Operating margin
5.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$333.9M
Total liabilities
$225.4M
Net assets
$108.6M
Salaries & benefits
$137.1M
44% of expenses
Board members
16
15 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $334,313,851▲10.0% | $314,706,641▼6.5% | $108,590,840▼9.8% | $333,941,660▼0.6% | 990 |
| 2022 | $304,059,746▲0.2% | $336,545,602▼5.4% | $120,324,417▼24.8% | $336,048,083▼12.8% | 990 |
| 2021 | $303,335,917▲25.0% | $355,620,245▲58.2% | $159,901,362▼24.9% | $385,486,046 | 990 |
| 2020 | $242,647,882▼21.0% | $224,759,413▼19.5% | $212,784,461▲2.9% | $385,532,976▼4.9% | 990 |
| 2019 | $307,102,224▲7.5% | $279,177,512▼2.9% | $206,771,084▲0.8% | $405,561,280▲13.8% | 990 |
| 2018 | $285,755,027▲0.8% | $287,481,138▼0.6% | $205,114,429▼11.2% | $356,266,584▼3.7% | 990 |
| 2017 | $283,606,600▲3.2% | $289,290,231▲8.2% | $231,040,567▼10.0% | $369,920,634▼5.4% | 990 |
| 2016 | $274,739,214▼6.8% | $267,335,646▼2.9% | $256,580,755▲2.8% | $391,108,590▲6.9% | 990 |
| 2015 | $294,847,001▲3.5% | $275,262,652▲3.3% | $249,711,953▲4.5% | $365,934,389▲0.2% | 990 |
| 2014 | $284,934,392▲2.5% | $266,576,993▲5.3% | $238,981,743▼2.2% | $365,151,555▼0.2% | 990 |
| 2013 | $278,041,794 | $253,259,383▲0.9% | $244,355,106▲6.7% | $365,753,150▲3.5% | 990 |
| 2012 | — | $250,975,543▲4.8% | $228,992,783▲15.9% | $353,283,713▲1.2% | 990 |
| 2011 | — | $239,575,186▼9.5% | $197,643,688▲18.5% | $349,178,356▲13.8% | 990 |
| 2010 | — | $264,643,798▲3.1% | $166,826,675▲0.2% | $306,796,490▲0.2% | 990 |
| 2009 | — | $256,744,453 | $166,412,381 | $306,276,302 | 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 (FY2023)
Highest-paid: Joseph Roberts — $463,566 (0.15% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Joseph Roberts | Vp-chief Med | 40 | $463,566 |
| Poornima Vinod | Physician | 40 | $353,744 |
| Kodanda Valusa | Physician | 40 | $341,627 |
| Lori Dove | Senior Vp-co | 40 | $328,495 |
| Appala Peela | Physician | 40 | $283,594 |
| Patrick Ebri | Vp-chief Eng | 40 | $262,914 |
| Renae Taylor | Vp-cno | 40 | $233,292 |
| Karen Robinson | Physician | 40 | $225,490 |
| Thersia Knapik | Physician | 40 | $208,125 |
| Alphonzo Mcrae | Trustee | 5 | — |
| Cherry Beasley | Trustee | 5 | — |
| Chris Ellington | President, C | 40 | — |
| Daniel E Cook | Trustee | 5 | — |
| Debbie Branyon | Trustee | 5 | — |
| Dixon Mclean | Trustee | 5 | — |
| Eva Meekins | Chair | 5 | — |
| F Kenneth Biggs | Trustee | 5 | — |
| John Gudauskas Jr | Trustee | 5 | — |
| Katherine Davis | Immediate PA | 5 | — |
| Kelvin Barnes | Secretary | 5 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Travel Nurse Across America LLC | Staffing Agency | $8,103,534 |
| Robeson Hospitalist Group Pllc | Staffing Agency | $5,250,211 |
| Medstream Anesthesia Pllc | Anesthesia Serv | $4,497,633 |
| Private Diagnostic Clinic | Cardiology | $3,908,499 |
| Coastal Radiology Associates | Contract Radiol | $1,459,161 |
Grants received · $1.6M total
9 grants to Southeastern Regional Medical Center totaling $1.6M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Upstream USA Inc | Reproductive health program training | 2023 | $25,000 |
| Foundation For the Carolinas | Charitable gift | 2022 | $181,450 |
| The Conservation Fund A Nonprofit Corporation | Conservation of natural resources;sustainable economic & community development | 2022 | $13,000 |
| North Carolina Community Foundation Inc | Health | 2022 | $10,000 |
| North Carolina Community Foundation Inc | Health | 2021 | $25,000 |
| The Conservation Fund A Nonprofit Corporation | Conservation of natural resources;sustainable economic & community development | 2021 | $15,000 |
| The Golden L E A F Long-term Economic Advancement Foundation In | See part iv | 2019 | $500,000 |
| The Golden L E A F Long-term Economic Advancement Foundation In | See part iv | 2017 | $354,600 |
| The Golden L E A F Long-term Economic Advancement Foundation In | Seh medical residency school | 2014 | $500,000 |
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Frequently asked questions
- Is Southeastern Regional Medical Center a legitimate nonprofit?
- Yes. Southeastern Regional Medical Center is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-0530233, based in Lumberton, North Carolina. Donations are tax-deductible.
- What is Southeastern Regional Medical Center's EIN?
- Southeastern Regional Medical Center's Employer Identification Number (EIN) is 56-0530233.
- How much revenue does Southeastern Regional Medical Center report?
- Southeastern Regional Medical Center reported $334,313,851 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Southeastern Regional Medical Center's spending goes to programs?
- Southeastern Regional Medical Center spends about 71% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Southeastern Regional Medical Center have?
- CharityIndex grades Southeastern Regional Medical Center B+, based on program efficiency and fundraising cost.
- How much does Southeastern Regional Medical Center's highest-paid employee make?
- The highest reported compensation on Southeastern Regional Medical Center's latest Form 990 is $463,566, paid to Joseph Roberts (Vp-chief Med).
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Data for Southeastern Regional Medical Center (EIN 56-0530233) 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.