Wrmc Hospital Operating Corporation
94% goes to programs $0 to raise $100 Strong reserves Growing revenue
Wrmc Hospital Operating Corporation is a 501(c)(3) organization based in N Wilkesboro, North Carolina, registered in 2014, with $156,144,073 in FY2024 revenue. CharityIndex grades it A, and it directs about 94% of spending to programs.
Po Box 609, N Wilkesboro, NC, 28659 EIN 83-0343789 Since 2014
Revenue (FY2024)
$156.1M
▲ 8.6% vs prior year
Health median: $840K
Expenses (FY2024)
$139.6M
Net assets
$91.9M
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 rating94% 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 Wrmc Hospital Operating Corporation: 94% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating8 mo reserves · +11% 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 Wrmc Hospital Operating Corporation: 8 mo reserves · +11% margin earns a A on this criterion. See the exact thresholds →
AGovernance25% of the rating5 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 Wrmc Hospital Operating Corporation: 5 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 Wrmc Hospital Operating Corporation: 4 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.
Contact & location
- Address
- Po Box 609, N Wilkesboro, NC, 28659
- City
- N Wilkesboro
- State
- North Carolina
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $86.2M (FY2013) to $156.1M (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $31.8MNet assets $91.9M
Operating margin
10.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$123.7M
Total liabilities
$31.8M
Net assets
$91.9M
Salaries & benefits
$66.1M
47% of expenses
Board members
8
3 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $156,144,073▲8.6% | $139,606,758▲2.1% | $91,941,929▲24.2% | $123,704,292▼2.3% | 990 |
| 2023 | $143,778,273▲17.0% | $136,791,307▲15.1% | $74,010,992▲12.4% | $126,580,924▼1.1% | 990 |
| 2022 | $122,914,632▲102% | $118,882,120▲115% | $65,845,815▲3.4% | $127,948,159▼5.9% | 990 |
| 2021 | $60,798,642▼37.4% | $55,357,897▼43.1% | $63,679,007▲9.6% | $135,989,352▲4.9% | 990 |
| 2020 | $97,072,424▲3.1% | $97,315,568▲7.7% | $58,077,002▲7.5% | $129,640,990▲2.8% | 990 |
| 2019 | $94,142,524▲17.9% | $90,395,069▲7.5% | $54,004,704▲3.8% | $126,057,137▲1.0% | 990 |
| 2018 | $79,846,969▼14.4% | $84,051,395▼3.2% | $52,003,861▼20.6% | $124,862,287▲22.4% | 990 |
| 2015 | $93,227,476▼1.0% | $86,859,104▲4.3% | $65,482,144▲9.1% | $102,004,158▲4.6% | 990 |
| 2014 | $94,167,841▲9.3% | $83,298,340▲4.0% | $60,014,256▲7.1% | $97,511,728▲4.9% | 990 |
| 2013 | $86,181,959 | $80,073,331▼3.1% | $56,058,359▲8.7% | $92,946,382▲3.0% | 990 |
| 2012 | — | $82,607,360 | $51,552,817 | $90,277,311 | 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: Bradley A Clark — $2,513,703 (1.80% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Bradley A Clark | Treasurer | 0.5 | $2,513,703 |
| Aaron Elliott | Clinical Instructor Crna | 40 | — |
| Barry Wald | Asst Treasurer (to 10/25/24) | 30 | — |
| Chad Brown | Chair & President | 20 | — |
| Cheryl Moore | Clinical Instructor Crna | 40 | — |
| David Zaas Md | Board Member | 1 | — |
| Deborah Harding Dnp | Board Member (to 7/31/24) | 1 | — |
| James Atkins Md | Board Member (to 12/5/24) | 1 | — |
| Jason Yockey | Chief Crna | 40 | — |
| Jena Folger | Board Member | 1 | — |
| J Mclain Wallace Jr | Secretary | 0.8 | — |
| John Riedel | Clinical Instructor Crna | 40 | — |
| Joseph Calvert Md | Board Member (to 10/31/24) | 1 | — |
| Lori Mcneil | Asst Secretary | 40 | — |
| Michael T Waid | Board Member | 0.7 | — |
| Peter Matthew Belford Md | Board Member | 1 | — |
| Stephan L Lillie | Board Member | 0.8 | — |
| Suneel Kumar Parvathareddy Md | Board Member (fr 11/1/24) | 1 | — |
| Susan Bachmeier | Chief Nursing Officer | 40 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Sodexo Magic LLC | Facilities Management Services | $1,894,548 |
| Aya Health Care | Healthcare Staffing Services | $987,000 |
| Comphealth Inc | Healthcare Staffing Services | $759,009 |
| Rj Leeper Construction LLC | Constructions Contractor Services | $641,701 |
| Thompson Roofing Services LLC | General Contractor Services | $581,985 |
Grants received · $10K total
2 grants to Wrmc Hospital Operating Corporation totaling $10K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Winston-salem Foundation | 4 grant(s) for varying purposes | 2023 | $5,185 |
| Winston-salem Foundation | 4 grant(s) for varying purposes | 2022 | $5,075 |
Grants made · $665K in FY2023
1 grant totaling $665K in FY2023. All grants made by Wrmc Hospital Operating Corporation →
| Recipient | Purpose | Amount |
|---|---|---|
| Wilkes Medical Center Foundation | Community support | $664,667 |
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Frequently asked questions
- Is Wrmc Hospital Operating Corporation a legitimate nonprofit?
- Yes. Wrmc Hospital Operating Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 83-0343789, based in N Wilkesboro, North Carolina. Donations are tax-deductible.
- What is Wrmc Hospital Operating Corporation's EIN?
- Wrmc Hospital Operating Corporation's Employer Identification Number (EIN) is 83-0343789.
- How much revenue does Wrmc Hospital Operating Corporation report?
- Wrmc Hospital Operating Corporation reported $156,144,073 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Wrmc Hospital Operating Corporation's spending goes to programs?
- Wrmc Hospital Operating Corporation spends about 94% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Wrmc Hospital Operating Corporation have?
- CharityIndex grades Wrmc Hospital Operating Corporation A, based on program efficiency and fundraising cost.
- How much does Wrmc Hospital Operating Corporation's highest-paid employee make?
- The highest reported compensation on Wrmc Hospital Operating Corporation's latest Form 990 is $2,513,703, paid to Bradley A Clark (Treasurer).
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Data for Wrmc Hospital Operating Corporation (EIN 83-0343789) 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.