Lenoir Memorial Hospital Inc
- Assets
- $209.0m
- Revenue
- $144.7m
- Investments
- $0.0
- Employees
- 1,010
- Location
- Kinston, NC
- Founding
- 03/1986
- Data as of
- 06/2020
- EIN
- 56-6000674
Organization Overview
Lenoir Memorial Hospital Inc, operating under the name Unc Lenoir Health Care, is located in Kinston, NC. The organization was established in 1986. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 06/2021, Unc Lenoir Health Care employed 1,010 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Unc Lenoir Health Care is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2020, Unc Lenoir Health Care generated $144.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $147.5m during the year ending 06/2020. While expenses have increased by 1.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Unc Lenoir Health Care has awarded 12 individual grants totaling $162,850. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING EXCEPTIONAL HEALTHCARE AS AN OUTSTANDING COMMUNITY HOSPITAL
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O FOR THE DESCRIPTION OF THE ORGANIZATION'S PROGRAM SERVICE ACCOMPLISHMENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Claire D Paris Cmo | Officer | 50 | $457,768 |
Mark E Henning Crna | 40 | $309,540 | |
Jeffrey A Wakefield CFO | Officer | 50 | $292,002 |
Karl L Vanderstouw Cio | Officer | 50 | $271,434 |
Stephen Michaux-Smith Crna | 40 | $257,176 | |
Shirley Harkey Cno | Officer | 50 | $239,335 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Uhs Physicians Llc Dba Vidant Medic Hospitalist Services | 6/29/21 | $1,666,030 |
Qualivis Contract Staffing | 6/29/21 | $740,528 |
Sightpath Medical Inc Medical Procedures | 6/29/21 | $715,910 |
Bio-medical Applications Of Nc Contract Dialysis | 6/29/21 | $511,742 |
Guardian Healthcare Providers Contr. Nursing Staff | 6/29/21 | $2,452,525 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $412,242 |
| Investment income | $3,334,967 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,170,248 |
| Net Gain/Loss on Asset Sales | -$55,506 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $936,482 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $144,714,968 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $202,473 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,440,722 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $44,070,659 |
| Pension plan accruals and contributions | $1,926,798 |
| Other employee benefits | $5,503,015 |
| Payroll taxes | $3,221,613 |
| Fees for services: Management | $798,305 |
| Fees for services: Legal | $61,688 |
| Fees for services: Accounting | $73,780 |
| Fees for services: Lobbying | $9,754 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $82,859 |
| Fees for services: Other | $19,845,244 |
| Advertising and promotion | $369,520 |
| Office expenses | $6,421,453 |
| Information technology | $2,549,582 |
| Royalties | $0 |
| Occupancy | $1,942,917 |
| Travel | $67,886 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $416,199 |
| Payments to affiliates | $7,187,619 |
| Depreciation, depletion, and amortization | $6,115,962 |
| Insurance | $879,740 |
| All other expenses | $0 |
| Total functional expenses | $147,507,185 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,801,929 |
| Savings and temporary cash investments | $34,608,856 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,558,942 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,724,850 |
| Prepaid expenses and deferred charges | $1,819,747 |
| Investments—publicly traded securities | $96,992,468 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,194,639 |
| Total assets | $208,978,571 |
| Accounts payable and accrued expenses | $15,309,233 |
| Grants payable | $0 |
| Deferred revenue | $22,521,004 |
| Tax-exempt bond liabilities | $14,690,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,000,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,079,623 |
| Total liabilities | $63,599,860 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $145,378,711 |
Grants Awarded
Over the last fiscal year, Lenoir Memorial Hospital Inc has awarded $36,708 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Cary, NC PURPOSE: MRI/GAP TECHNICAL ASSISTANCE FUND | $12,441 |
Cary, NC PURPOSE: MRI/GAP TECHNICAL ASSISTANCE FUND | $12,441 |
Kinston, NC PURPOSE: Educational Assistance | $5,913 |
Kinston, NC PURPOSE: Educational Assistance | $5,913 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Lenoir Memorial Hospital Inc has recieved totaling $23,390.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $15,890 |
American Heart Association Inc Dallas, TX PURPOSE: HEART FAILURE INITIATIVE | $7,000 |
Allstate Foundation Northbrook, IL PURPOSE: AGENT - INDIVIDUAL HH GRANT | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
First Health Of The Carolinas Inc Pinehurst, NC | $1,544,188,654 | $986,400,718 |
Mary Washington Healthcare Fredericksburg, VA | $593,675,918 | $863,388,863 |
Mountain States Health Alliance Johnson City, TN | $556,120,495 | $805,201,599 |
Baptist Memorial Hospital Memphis, TN | $691,981,947 | $770,663,628 |
Medical Center Of Central Georgia Inc Macon, GA | $1,397,526,718 | $800,413,800 |
Mcleod Regional Medical Center Of The Pee Dee Inc Florence, SC | $2,090,467,381 | $796,571,278 |
St Francis Hospital Inc Greenville, SC | $778,217,234 | $752,202,599 |
Phoebe Putney Memorial Hospital Inc Albany, GA | $729,879,818 | $712,342,689 |
Cobb Hospital Marietta, GA | $403,732,052 | $857,038,951 |
Anmed Health Anderson, SC | $1,245,907,620 | $728,404,682 |
Gaston Memorial Hospital Inc Gastonia, NC | $627,844,903 | $665,062,443 |
University Health Services Inc Augusta, GA | $1,020,272,774 | $598,292,806 |