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Hugh Chatham Memorial Hospital

Also known as Hugh Chatham Health

Elkin, NC · EIN 56-0642846 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

Hugh Chatham Memorial Hospital reported $133.7 million in revenue and $148.3 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $92.17 went to program services, $7.74 to management and general costs and $0.09 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 93.0% of the total. The highest compensation it reported for one person was $1,338,238 (PHYSICIAN). 110 people received more than $100,000 in reportable compensation. Revenue fell 4% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $148M

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

The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $134M

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

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
92.2%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
7.7%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.1%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.15$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.7%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
93.0%93.7%
Highest reported compensation
Part VII-A, columns D–F
$1,338,238$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.90%1.34%
People paid over $100,000
Part VII, line 2
11027
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
12.46.6
Independent voting board members
Part VI 1a–1b
14 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

FY2025 · Form 990, Part III · the three largest programs by expense
$137M expenses · 100.0% of program spending · grants $76,850 · revenue $124M

In 2025, Hugh Chatham health continued their legacy of providing healthcare to all within the community. The organization's vision, "to be the best community health system in the nation with service as our guiding principle," declares that every member of the team provides the highest level of care for every patient, at every location. Hugh Chatham makes a difference every day for local citizens and employers. The nonprofit healthcare system has recently received many prestigious awards that accentuate its commitment to excellence. Continued on schedule o

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PHYSICIAN
Highest compensated employee, 40.0 hrs/week
$1,278,922$0$59,316$1,338,238
PHYSICIAN
Highest compensated employee, 40.0 hrs/week
$966,970$0$57,466$1,024,436
CMO
Key employee, 40.0 hrs/week
$860,906$0$54,026$914,932
PHYSICIAN
Highest compensated employee, 40.0 hrs/week
$785,504$0$35,858$821,362
PHYSICIAN
Highest compensated employee, 40.0 hrs/week
$670,126$0$44,119$714,245
BOARD MEMBER/CHIEF OF STAFF
Director/trustee, officer, 40.0 hrs/week
$503,942$0$66,122$570,064
CEO
Key employee, 40.0 hrs/week
$456,071$0$67,459$523,530
PHYSICIAN
Highest compensated employee, 40.0 hrs/week
$451,370$0$32,148$483,518

110 people received more than $100,000 in reportable compensation from Hugh Chatham Memorial Hospital (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.9M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$50M$100M$150M$200MFY2020FY2021FY2022FY2023FY2024FY2025$134M$148M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$134M$148M92.2%$153M$1,338,238
FY2024 ⓘ$139M$171M90.9%$164M$1,199,713
FY2023 ⓘ$158M$160M89.7%$174M$1,015,195
FY2022 ⓘ$155M$146M90.6%$179M$963,257
FY2021 ⓘ$158M$140M90.2%$206M$848,682
FY2020 ⓘ$139M$127M90.2%$172M$806,762

Governance answers, as filed

FY2025 · 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 · 14 independent
  • Audited financial statements Part XII 2bNo
  • 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 11aYes
  • 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 4Yes
  • 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 51,208
  • Volunteers Part I, line 69

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
NURSE ANESTHESIA OF N C-ELKIN
Anesthesia services
$1,370,181
NORTH CAROLINA BAPTIST HOSPITA
Radiation oncology, etc
$1,060,535
QUALIVIS LLC
Contract labor
$750,762
WEATHERBY LOCUMS INC
Contract labor - locums
$490,378
CORNERSTONE HEALTH ENABLEMENT
Aco - health care services
$431,403

Individuals listed as contractors are left out. 11 contractors were paid more than $100,000 in all.

Private foundation grants it received

2 private foundations reported grants to Hugh Chatham Memorial Hospital totaling $502K 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 Hugh Chatham 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 Hugh Chatham 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 Hugh Chatham Memorial Hospital's spending goes to programs?

In the fiscal year ending September 30, 2025, Hugh Chatham Memorial Hospital reported that 92.2% of its $148.3 million in expenses went to program services, 7.7% to management and general and 0.1% to fundraising (Form 990, Part IX).

How much does Hugh Chatham Memorial Hospital pay its top executive?

The largest total compensation Hugh Chatham Memorial Hospital reported for one person in the fiscal year ending September 30, 2025 was $1,338,238, for the role of PHYSICIAN (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Hugh Chatham Memorial Hospital get its money?

Of $133.7 million in revenue in the fiscal year ending September 30, 2025, 0.7% came from contributions and grants and 93.0% from program service revenue (Form 990, Part VIII).

Is Hugh Chatham Memorial Hospital a registered charity?

The IRS lists EIN 56-0642846 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

  • FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202642319349300224 · read the filing
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202502259349302140 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202402219349300835 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202332269349301613 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202242209349300309 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202142179349300219 · read the filing

All filings for EIN 56-0642846: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.