Wake Forest University Health Sciences Group Return

Organization Overview

Wake Forest University Health Sciences Group Return is located in Winstonsalem, NC. The organization was established in 2002. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Wake Forest University Health Sciences Group Return 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 12/2021, Wake Forest University Health Sciences Group Return generated $56.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $45.3m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Wake Forest University Health Sciences Group Return has awarded 16 individual grants totaling $7,632,383. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

OUTPATIENT MEDICAL CLINICS FOR THE PROMOTION OF HEALTH FOR THE BENEFIT OF THE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HEMODIALYSIS: THE CLINICS SERVE THE TEACHING AND RESEARCH PROGRAMS OF WAKE FOREST UNIVERSITY HEALTH SCIENCES AND WAKE FOREST UNIVERSITY BY PROVIDING DIALYSIS TREATMENTS TO END STAGE RENAL DISEASE PATIENTS (1,828 IN-CENTER AND 301 HOME DIALYSIS PATIENTS), OR BY TRAINING PATIENTS IN SELF-ADMINISTRATION OF AT-HOME DIALYSIS TREATMENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Terry L Hales Jr
Director & Asst Treas
$0
Kevin P High MD
Director & VP
$0
Julie A Freischlag MD
Chair & President
$0
J Reid Morgan
Secretary
$0
Bradley A Clark
Treasurer
$0
Terry G Williams
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Hsm Dialysis Centers Llc
Management Services
$8,866,762
High Point Nephrology Associates
Medical Director
$143,530
Nephrology Associates
Medical Director
$534,623
Schedulewise Llc
Consulting Services
$122,400
Iredell Nephrology
Medical Director
$125,932
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$56,430,791
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $56,430,791

Grants Awarded

Over the last fiscal year, Wake Forest University Health Sciences Group Return has awarded $789,374 in support to 2 organizations.

Grant RecipientAmount

AMERICAN KIDNEY FUND

Org PageRecipient Profile

Rockville, MD

PURPOSE: FINANCIAL ASSISTANCE PROGRAM FOR QUALIFIED KIDNEY PATIENTS

$779,374

UNITED WAY OF FORSYTH COUNTY

Org PageRecipient Profile

Winstonsalem, NC

PURPOSE: COMMUNITY SUPPORT

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Wake Forest University Health Sciences Group Return has recieved totaling $7,164.

Awarding OrganizationAmount
Winston-Salem Foundation

Winstonsalem, NC

PURPOSE: 4 GRANT(S) FOR VARYING PURPOSES

$7,164
View Grant Recipient Profile

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