Duke Health Lake Norman Regional Medical Center
Also known as Duke Health Lake Norman Hospital
Duke Health Lake Norman Regional Medical Center reported $34.6 million in revenue and $36.0 million in expenses for the 6-month short period ending June 30, 2025. Of every $100 it spent, $84.08 went to program services, $15.92 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 99.9% of the total. The highest compensation it reported for one person was $2,338,899 (DIRECTOR/PRESIDENT). Source: Form 990, FY2025 (6 mo.).
Where $100 of spending went
The 6-month short period ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $36MFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The 6-month short period ending June 30, 2025 · Form 990, Part VIII · total revenue $35MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 (6 mo.) | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 84.1% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 15.9% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.0% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 99.9% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $2,338,899 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 6.49% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 0 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 100.4 | 6.6 |
| Independent voting board members Part VI 1a–1b | 0 of 3 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 (6 mo.) · Form 990, Part III · the three largest programs by expenseDuke Health Lake Norman hospital is a 123-bed acute care hospital serving residents of iredell county and the surrounding area. The hospital provides 24-hour emergency care, labor and delivery services, cardiology, general surgery, orthopedics, wound care, and outpatient imaging services
Highest reported compensation
FY2025 (6 mo.) · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| DIRECTOR/PRESIDENT Director/trustee, officer, 0.10 hrs/week | $0 | $2,279,485 | $59,414 | $2,338,899 |
| DIRECTOR/SECRETARY Director/trustee, officer, 0.10 hrs/week | $0 | $1,853,877 | $76,073 | $1,929,950 |
| DIRECTOR/TREASURER Director/trustee, officer, 0.10 hrs/week | $0 | $1,253,560 | $62,316 | $1,315,876 |
0 people received more than $100,000 in reportable compensation from Duke Health Lake Norman Regional Medical Center (Part VII, line 2).
1 filings since FY2025 (6 mo.)
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked| Filing | Revenue | Expenses | Programs | Net assets | Top pay |
|---|---|---|---|---|---|
| FY2025 (6 mo.) ⓘ | $35M | $36M | 84.1% | $301M | $2,338,899 |
Governance answers, as filed
FY2025 (6 mo.) · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b3 · 0 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
Correct a figure or respond
Every number above is copied from Duke Health Lake Norman Regional Medical Center's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Duke Health Lake Norman Regional Medical Center, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Duke Health Lake Norman Regional Medical Center spent in FY2025 (6 mo.), $84.08 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of Duke Health Lake Norman Regional Medical Center's spending goes to programs?
In the 6-month short period ending June 30, 2025, Duke Health Lake Norman Regional Medical Center reported that 84.1% of its $36.0 million in expenses went to program services, 15.9% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Duke Health Lake Norman Regional Medical Center pay its top executive?
The largest total compensation Duke Health Lake Norman Regional Medical Center reported for one person in the 6-month short period ending June 30, 2025 was $2,338,899, for the role of DIRECTOR/PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Duke Health Lake Norman Regional Medical Center get its money?
Of $34.6 million in revenue in the 6-month short period ending June 30, 2025, 0.0% came from contributions and grants and 99.9% from program service revenue (Form 990, Part VIII).
Is Duke Health Lake Norman Regional Medical Center a registered charity?
The IRS lists EIN 33-2476324 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025 (6 mo.): Form 990 for the 6-month short period ending June 30, 2025, object 202611359349305046 · read the filing · XML
All filings for EIN 33-2476324: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.