Wrmc Hospital Operating Corporation
Also known as Atrium Health Wake Forest Baptist Wilkes Medical Center
Wrmc Hospital Operating Corporation reported $156.1 million in revenue and $139.6 million in expenses for calendar year 2024. Of every $100 it spent, $94.47 went to program services, $5.53 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: 99.1% of the total. The highest compensation it reported for one person was $2,933,092 (TREASURER). Revenue rose 66% between FY2020 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $140MFor 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 $156MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 94.5% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 5.5% | 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 | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.4% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 99.1% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $2,933,092 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.10% | 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 | 7.9 | 6.6 |
| Independent voting board members Part VI 1a–1b | 3 of 8 | 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
2024 · Form 990, Part III · the three largest programs by expenseThe organization operates a 130 acute care bed hospital, including a 10-bed skilled nursing unit, providing medical, emergency, and outpatient care services to the residents of alleghany, alexander, ashe, caldwell, iredell, surry, watauga, and wilkes counties. The organization serves as a satellite provider of atrium health wake forest baptist (ahwfb) specialty services at its north wilkesboro campus, including cardiology, imaging, ent, gastroenterology, nephrology, neurology, ob/gyn, ophthalmology, pathology, pediatrics, orthopedics, and urology. The organization is accredited by the joint…
Highest reported compensation
2024 · 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 |
|---|---|---|---|---|
| TREASURER Officer, 0.50 hrs/week | $2,513,703 | $0 | $419,389 | $2,933,092 |
| SECRETARY Officer, 0.80 hrs/week | $0 | $1,659,102 | $30,227 | $1,689,329 |
| BOARD MEMBER Director/trustee, 0.70 hrs/week | $0 | $836,668 | $50,757 | $887,425 |
| BOARD MEMBER (TO 7/31/24) Director/trustee, 1.00 hrs/week | $0 | $752,480 | $49,615 | $802,095 |
| BOARD MEMBER Director/trustee, 0.80 hrs/week | $0 | $666,639 | $62,046 | $728,685 |
| BOARD MEMBER Director/trustee, 1.00 hrs/week | $0 | $641,783 | $46,735 | $688,518 |
| CHAIR & PRESIDENT Director/trustee, officer, 20.00 hrs/week | $0 | $537,777 | $52,385 | $590,162 |
| BOARD MEMBER (FR 11/1/24) Director/trustee, 1.00 hrs/week | $0 | $402,831 | $54,615 | $457,446 |
0 people received more than $100,000 in reportable compensation from Wrmc Hospital Operating Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $714K (Part IX, line 5).
6 filings since FY2020
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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–1b8 · 3 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 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 50
- Volunteers Part I, line 617
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| 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 |
Individuals listed as contractors are left out. 17 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Wrmc Hospital Operating Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Wrmc Hospital Operating Corporation, you can publish a response that is linked from this page.
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Of every $100 Wrmc Hospital Operating Corporation spent in 2024, $94.47 went to programs. The full breakdown, from its IRS Form 990:
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All health care charities · Largest charities in North Carolina
Questions people ask
How much of Wrmc Hospital Operating Corporation's spending goes to programs?
In calendar year 2024, Wrmc Hospital Operating Corporation reported that 94.5% of its $139.6 million in expenses went to program services, 5.5% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Wrmc Hospital Operating Corporation pay its top executive?
The largest total compensation Wrmc Hospital Operating Corporation reported for one person in calendar year 2024 was $2,933,092, for the role of TREASURER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Wrmc Hospital Operating Corporation get its money?
Of $156.1 million in revenue in calendar year 2024, 0.4% came from contributions and grants and 99.1% from program service revenue (Form 990, Part VIII).
Is Wrmc Hospital Operating Corporation a registered charity?
The IRS lists EIN 83-0343789 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 202543219349303979 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202433209349301333 · read the filing
- 2022: Form 990 for calendar year 2022, object 202313189349305886 · read the filing
- FY2021 (6 mo.): Form 990 for the 6-month short period ending December 31, 2021, object 202233189349301853 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221439349301082 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141349349300549 · read the filing
All filings for EIN 83-0343789: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.