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Nonprofit · EIN 56-0773039

NORTH CAROLINA HEALTHCARE FOUNDATION INC

Tax-exempt · RALEIGH, NC 27601

Financials

$5.3M$5.3M2023$6.5M$8.5M2024
Revenue Expenses · by fiscal year end
Financials of NORTH CAROLINA HEALTHCARE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$6,547,815$8,548,157-$2,000,342$9,919,480$2,395,999$7,523,481
December 31, 2023990$5,276,696$5,297,274-$20,578$10,880,998$1,622,925$9,258,073
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$6,352,009
Program service revenue
$0
Investment income
$178,960
Net income from fundraising events
$16,846
Other revenue
$16,846

Expenses

Grants and similar amounts paid
$2,207,714
Other salaries and wages
$2,130,730
Salaries, compensation and benefits (total)
$2,774,567
Professional fundraising fees
$0
Travel
$94,260
Program services (functional)
$8,235,638
Management and general (functional)
$312,519

Balance sheet and other

Total assets, start of year
$10,880,998
Total assets, end of year
$9,919,480
Total liabilities, end of year
$2,395,999
Net assets, end of year
$7,523,481
Publicly traded securities
$4,808,282
Net assets without donor restrictions
$4,313,171
Net assets with donor restrictions
$3,210,310
Gross receipts
$6,547,815
Employees
65
Volunteers
0
Year formed
1961
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
STEPHEN J LAWLERPRESIDENT
Trustee or director, Officer
7.5$0$1,244,415$32,432
JULIA WACKERSENIOR VICE PRESIDENT
Officer
35$0$393,875$23,761
JODY FLEMINGSENIOR VICE PRESIDENT
Officer
5$0$345,214$46,564
JESSICA LEWISGENERAL COUNSEL
Officer
5$0$337,243$48,084
TATYANA KELLYSENIOR VICE PRESIDENT
Officer
5$0$278,291$45,779
LINWOOD JONESFORMER GENERAL COUNSEL
Former
1$0$220,523$0
ANTHONY OKUNAKDIRECTOR
Highest-paid employee
5$0$191,011$10,656
LAPONDA EDMONDSONVICE PRESIDENT
Officer
35$0$171,381$26,861
IRENE WATTSDIRECTOR
Highest-paid employee
5$0$168,272$16,133
JONATHAN KEADIRECTOR
Highest-paid employee
5$0$149,291$20,997
JAISABRISH KANKARKUMARDIRECTOR
Highest-paid employee
5$0$153,398$10,659
NICHOLLE KARIMDIRECTOR
Highest-paid employee
5$0$141,157$21,507
DOUG HERONSENIOR VICE PRESIDENT
Officer
10$0$124,110$24,379
JOSH DOBSONNEW ELECT PRESIDENT
Trustee or director, Officer
15$0$96,524$37,014
JEFFREY WEEGARCHIEF FINANCIAL OFFICER
Officer
10$0$53,509$0
12 more people on this return
NameTitleHours / weekCompensation
VANESSA ERVINBOARD MEMBER
Trustee or director
1$0
CHAD BROWNBOARD MEMBER
Trustee or director
1$0
LIN B HOLLOWELL IIIBOARD MEMBER
Trustee or director
1$0
SUSAN KANSAGRABOARD MEMBER
Trustee or director
1$0
ADIA K ROSS MD MHABOARD MEMBER
Trustee or director
1$0
JEFFREY SIMMSBOARD MEMBER
Trustee or director
1$0
PHYLLIS WINGATEBOARD MEMBER
Trustee or director
1$0
JUAN AUSTINBOARD MEMBER
Trustee or director
1$0
GREG LOWEBOARD CHAIR
Trustee or director
1$0
LYNDA STANLEYBOARD MEMBER
Trustee or director
1$0
JEFFREY CREAGHBOARD TREASURER
Trustee or director
1$0
JESSIE L TUCKERBOARD SECRETARY
Trustee or director
1$0
990 for the year ended December 31, 2023: 24 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
STEPHEN J LAWLERPRESIDENT
Trustee or director, Officer
7.5$0$1,159,950$44,412
JODY FLEMINGSENIOR VICE PRESIDENT
Officer
1$0$455,101$53,140
JEFFERY WEEGARCHIEF FINANCIAL OFFICER
Officer
1$0$303,039$69,450
JULIA WACKERSENIOR VICE PRESIDENT
Officer
1$0$280,710$44,176
CODY HANDSENIOR VICE PRESIDENT
Officer
1$0$194,711$19,385
LAPONDA EDMONDSONVICE PRESIDENT
Officer
1$0$128,471$19,697
JILL ARMBRUSTERDIRECTOR
Highest-paid employee
1$0$119,148$17,186
LINWOOD JONESGENERAL COUNSEL (RETIRED)
Officer
1$0$136,189$0
SHELBY LASSITERDIRECTOR
Highest-paid employee
1$0$109,432$10,020
EMILY ROLANDDIRECTOR
Highest-paid employee
1$0$105,717$13,705
DEAN HIGGINSDIRECTOR
Highest-paid employee
1$0$106,375$12,786
VANESSA ERVINBOARD MEMBER
Trustee or director
1$0$0$0
GREG GOMBARBOARD MEMBER
Trustee or director
1$0$0$0
LIN B HOLLOWELL IIIBOARD MEMBER
Trustee or director
1$0$0$0
CHUCK MANTOOTHBOARD MEMBER
Trustee or director
1$0$0$0
ALLEN SMARTBOARD MEMBER
Trustee or director
1$0$0$0
MICHAEL C TARWATERBOARD MEMBER
Trustee or director
1$0$0$0
MICHAEL R WALDRUM MDBOARD MEMBER
Trustee or director
1$0$0$0
PHYLLIS WINGATEBOARD MEMBER
Trustee or director
1$0$0$0
JOANN ANDERSONBOARD MEMBER
Trustee or director
1$0$0$0
JUAN AUSTINBOARD MEMBER
Trustee or director
1$0$0$0
GREG LOWEBOARD MEMBER
Trustee or director
1$0$0$0
LYNDA STANLEYBOARD MEMBER
Trustee or director
1$0$0$0
MILLE HARDINGSENIOR VP (RETIRED)
Officer
0$0$0$0

Address and contacts

Address (IRS master file)
421 FAYETTEVILLE ST STE 203, RALEIGH, NC 27601-1450
Principal officer (990 for 2024)
JEFFREY WEEGAR, 5440 WADE PARK BLVD 410, RALEIGH, NC 27607
Signed the 990
JEFFREY WEEGAR, CFO
Phone
(919) 389-6097
Return prepared by
DMJPS PLLC

Mission

TO FOSTER AND ACCELERATE THE COLLECTIVE IMPACT OF HOSPITALS, HEALTH SYSTEMS AND COMMUNITY PARTNERS TO IMPROVE THE HEALTH OF NORTH CAROLINIANS.

990 for the year ended December 31, 2024

Program accomplishments

  • NORTH CAROLINA COMMUNITY HEALTH PROGRAMS IMPROVE ACCESS TO BETTER HEALTH THROUGH COMMUNITY-BASED NETWORKS OF CARE AND PROGRAMS ADDRESSING CHRONIC HEALTH FOR LOW-INCOME AND UNINSURED INDIVIDUALS WITH CHRONIC HEALTH ISSUES.
    Expenses $1,707,690 · grants $200,000
  • CARONOVA IS AN INCUBATOR THAT CONNECTS KEY PEOPLE AND ORGANIZATIONS WITH PROMISING INNOVATIONS TO ACCELERATE NECESSARY CHANGE. OUR PURPOSE IS TO ALIGN LEADERS ACROSS THE CAROLINAS IN PURSUIT OF A BETTER SYSTEM OF CARE.
    Expenses $4,517,089 · grants $1,700,000
  • PATIENT SAFETY PROGRAMS PROMOTE PATIENT SAFETY AND HEALTHCARE IMPROVEMENT, INCLUDING A FOCUS ON RURAL AND BEHAVIORAL HEALTH NEEDS THROUGHOUT NORTH CAROLINA.
    Expenses $1,668,844 · grants $60,000
  • OTHER PROGRAMS ADDRESS IMPROVED HEALTH IN NORTH CAROLINA'S COMMUNITIES WITH A FOCUS ON DEVELOPING THE NEXT GENERATION OF HEALTHCARE LEADERS.
    Expenses $342,015 · grants $247,714

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
56-0773039
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1964
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E22I)
Assets (IRS master file)
$9,919,480
Income (IRS master file)
$6,547,815

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$6,547,815$8,548,157$9,919,480IRS
990December 2023$5,276,696$5,297,274$10,880,998XML
990December 2022$4,901,892$3,855,115$11,349,506IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-0773039).

Questions about NORTH CAROLINA HEALTHCARE FOUNDATION INC

What is the EIN of NORTH CAROLINA HEALTHCARE FOUNDATION INC?
The employer identification number (EIN) of NORTH CAROLINA HEALTHCARE FOUNDATION INC is 56-0773039.
Is NORTH CAROLINA HEALTHCARE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1964.
Are donations to NORTH CAROLINA HEALTHCARE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NORTH CAROLINA HEALTHCARE FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NORTH CAROLINA HEALTHCARE FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NORTH CAROLINA HEALTHCARE FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of NORTH CAROLINA HEALTHCARE FOUNDATION INC?
The 990 for the year ended December 31, 2024 names JEFFREY WEEGAR.
Who are the officers and directors of NORTH CAROLINA HEALTHCARE FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 27 people; 0 received compensation from the organization.
How much revenue does NORTH CAROLINA HEALTHCARE FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $6,547,815, expenses of $8,548,157 and total assets of $9,919,480 at year end.

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