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Ashe Memorial Hospital

Jefferson, NC · EIN 56-0603900 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Ashe Memorial Hospital reported $54.1 million in revenue and $53.9 million in expenses for calendar year 2024. Of every $100 it spent, $93.84 went to program services, $5.89 to management and general costs and $0.27 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 98.4% of the total. The highest compensation it reported for one person was $764,769 (PHYSICIAN-MEDICAL ONCOLOGIST). 38 people received more than $100,000 in reportable compensation. Revenue rose 41% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $54M

For 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

Calendar year 2024 · Form 990, Part VIII · total revenue $54M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
93.8%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
5.9%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.3%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.22$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
1.2%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.8%0.1%
Program service revenue share
Part VIII 2g ÷ 12
98.4%93.7%
Highest reported compensation
Part VII-A, columns D–F
$764,769$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.42%1.34%
People paid over $100,000
Part VII, line 2
3827
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
4.36.6
Independent voting board members
Part VI 1a–1b
15 of 1588.9%

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

2024 · Form 990, Part III · the three largest programs by expense
$51M expenses · 100.0% of program spending · grants $1,727 · revenue $53M

Ashe Memorial provides inpatient, outpatient, and emergency care services for residents of ashe county and the surrounding areas. The hospital provided a significant amount of community benefit and outreach to the county and surrounding areas. Benefit and outreach programs are provided in conjunction with the ashe county health council and independently through various departments and services

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PHYSICIAN-MEDICAL ONCOLOGIST
Highest compensated employee, 40.00 hrs/week
$730,076$0$34,693$764,769
PHYSICIAN
Highest compensated employee, 40.00 hrs/week
$579,759$0$3,773$583,532
PHYSICIAN
Highest compensated employee, 40.00 hrs/week
$475,562$0$47,029$522,591
PHYSICIAN-UROLOGIST
Highest compensated employee, 40.00 hrs/week
$398,661$0$28,565$427,226
PHYSICIAN-HOSPITALIST
Highest compensated employee, 40.00 hrs/week
$337,311$0$9,580$346,891

38 people received more than $100,000 in reportable compensation from Ashe Memorial Hospital (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80M201920202021202220232024$54M$54M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$54M$54M93.8%$19M$764,769
2023 ⓘ$51M$49M93.6%$19M$428,235
2022 ⓘ$47M$46M93.3%$17M$357,329
2021 ⓘ$46M$40M92.6%$16M$388,018
2020 ⓘ$37M$36M92.0%$10M$478,842
2019 ⓘ$38M$39M93.1%$10M$462,681

Governance answers, as filed

2024 · 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–1b15 · 15 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 15aYes
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2No
  • 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 5439
  • Volunteers Part I, line 632

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
JEFFERSON EMERGENCY SERVICES
Ed providers
$1,215,816
MEDSTREAM ANESTHESIA PLLC
Anesthesia
$787,881
MEDICAL SOLUTIONS LLC
Travel nursing/tech agency
$337,091
LABORATORY CORPORATION OF AMERICA LABCO
Lab testing
$261,744

Individuals listed as contractors are left out. 8 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to Ashe Memorial Hospital totaling $185 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Ashe Memorial Hospital's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Ashe Memorial Hospital, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in North Carolina

Questions people ask

How much of Ashe Memorial Hospital's spending goes to programs?

In calendar year 2024, Ashe Memorial Hospital reported that 93.8% of its $53.9 million in expenses went to program services, 5.9% to management and general and 0.3% to fundraising (Form 990, Part IX).

How much does Ashe Memorial Hospital pay its top executive?

The largest total compensation Ashe Memorial Hospital reported for one person in calendar year 2024 was $764,769, for the role of PHYSICIAN-MEDICAL ONCOLOGIST (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Ashe Memorial Hospital get its money?

Of $54.1 million in revenue in calendar year 2024, 1.2% came from contributions and grants (including 0.8% from government grants) and 98.4% from program service revenue (Form 990, Part VIII).

Is Ashe Memorial Hospital a registered charity?

The IRS lists EIN 56-0603900 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 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202513119349301121 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202403169349302255 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202303179349302715 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202340459349302439 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202123199349321572 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202003179349300920 · read the filing

All filings for EIN 56-0603900: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.