Nonprofit · EIN 56-2000255
MT OLIVE FAMILY MEDICINE CENTER INC
Tax-exempt · MOUNT OLIVE, NC 28365
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $6,284,659 | $6,100,035 | $184,624 | $5,274,319 | $1,919,822 | $3,354,497 |
| June 30, 2024 | 990 | $6,190,142 | $6,096,693 | $93,449 | $5,198,630 | $2,007,082 | $3,191,548 |
| June 30, 2023 | 990 | $6,010,602 | $5,914,496 | $96,106 | $5,196,347 | $1,932,307 | $3,264,040 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $275,431
- Program service revenue
- $5,794,532
- Investment income
- $88,536
- Other revenue
- $126,160
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $191,754
- Other salaries and wages
- $3,580,918
- Salaries, compensation and benefits (total)
- $4,559,745
- Professional fundraising fees
- $0
- Occupancy
- $78,964
- Travel
- $8,888
- Depreciation
- $200,991
- Program services (functional)
- $5,326,057
- Management and general (functional)
- $773,978
Balance sheet and other
- Total assets, start of year
- $5,198,630
- Total assets, end of year
- $5,274,319
- Total liabilities, end of year
- $1,919,822
- Net assets, end of year
- $3,354,497
- Land, buildings and equipment
- $2,379,413
- Publicly traded securities
- $1,136,459
- Net assets without donor restrictions
- $3,282,497
- Net assets with donor restrictions
- $72,000
- Gross receipts
- $6,284,659
- Employees
- 59
- Year formed
- 1997
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Thomas Draughon | Medical Director | 40 | $458,715 | $19,261 |
| Phillip W Moye | Physician | 40 | $363,001 | $27,911 |
| Bryon Geer | Physician | 40 | $281,250 | $5,500 |
| Vincent P Wilson | Physician | 40 | $259,440 | $9,200 |
| Lisa Hooks | CEO, CFO Officer | 40 | $195,205 | $8,993 |
| Meghan Brown | Physician | 40 | $131,357 | $10,075 |
| Misty Rouse | Nurse Practioner | 40 | $133,389 | $0 |
| Wesley Parker | Treas/Secretary Trustee or director, Officer | 2 | $0 | $0 |
| David Kornegay | Board Member Trustee or director | 2 | $0 | $0 |
| Lynn Williams | Board Member Trustee or director | 2 | $0 | $0 |
| Brad Lee | Board Member Trustee or director | 2 | $0 | $0 |
| Dr Nancy Mimm | Board Member Trustee or director | 2 | $0 | $0 |
| Murray McClenny | Board Member Trustee or director | 2 | $0 | $0 |
| Ernie Taylor | Board Member Trustee or director | 2 | $0 | $0 |
| Ray McDonald | President Trustee or director, Officer | 2 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Bret Strickland | Vice President Trustee or director, Officer | 2 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Thomas Draughon | Medical Director | 40 | $458,894 |
| Phillip W Moye | Physician | 40 | $379,007 |
| Vincent P Wilson | Physician | 40 | $249,686 |
| Lisa Hooks | CEO, CFO Officer | 40 | $199,383 |
| Misty Rouse | Nurse Practioner | 40 | $129,756 |
| Meghan Brown | Physician | 40 | $128,664 |
| Jeffrey Harrison | Physician | 40 | $104,098 |
| Wesley Parker | Board Member Trustee or director | 2 | $0 |
| David Kornegay | Board Member Trustee or director | 2 | $0 |
| Lynn Williams | Board Member Trustee or director | 2 | $0 |
| Mark Raynor | President Trustee or director, Officer | 2 | $0 |
| Dr Nancy Mimm | Board Member Trustee or director | 2 | $0 |
| Murray McClenny | Board Member Trustee or director | 2 | $0 |
| Ernie Taylor | Board Member Trustee or director | 2 | $0 |
| Ray McDonald | Vice President Trustee or director, Officer | 2 | $0 |
| Bret Strickland | Treasurer/Sec. Trustee or director, Officer | 0 | $0 |
990 for the year ended June 30, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Thomas Draughon | Medical Director | 40 | $433,547 | $27,000 |
| Phillip W Moye | Physician | 40 | $440,330 | $19,500 |
| Robert Talton | Physician | 40 | $387,142 | $18,206 |
| Vincent P Wilson | Physician | 40 | $247,563 | $27,000 |
| Lisa Hooks | CEO, CFO Officer | 40 | $218,540 | $17,707 |
| Jeffrey Harrison | Physician | 40 | $136,452 | $0 |
| Misty Rouse | Nurse Practioner | 40 | $132,842 | $0 |
| Wesley Parker | Board Member Trustee or director | 2 | $0 | $0 |
| Al Southerland | Board Member Trustee or director | 2 | $0 | $0 |
| Marica Whitley | Board Member Trustee or director | 2 | $0 | $0 |
| Mark Raynor | Vice President Trustee or director, Officer | 2 | $0 | $0 |
| Joey Long | President Trustee or director, Officer | 2 | $0 | $0 |
| Bill Outlaw | Board Member Trustee or director | 2 | $0 | $0 |
| Murray McClenny | Board Member Trustee or director | 2 | $0 | $0 |
| Julie Lee | Board Member Trustee or director | 2 | $0 | $0 |
| Ray McDonald | Board Member Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 201 N BREAZEALE AVE, MOUNT OLIVE, NC 28365-1603
- In care of
- % MOUNT OLIVE FAMILY MEDICINE CENTE
- Signed the 990
- Lisa Hooks, Executive Director
- Phone
- (919) 658-4954
- Website
- www.mofmc.com
- Return prepared by
- Buffalo Finances
Mission
To provide medical care for all those in need regardless of ability to pay.
Program accomplishments
- Mt. Olive Family Medicine Center, Inc. is dedicated to the health and well-being of the residents of Wayne County and the surrounding areas. It is our goal to identify and minister to the medical needs of the family unit - not only to provide quality, comprehensive medical care, but also to institute health education, urgent care, wellness and preventative medicine. Accessible and affordable quality health care will be provided with dignity and respect, regardless of race, religion, gender, age or economic background.Expenses $5,326,057
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 56-2000255
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Hospital or medical research organization
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1997
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E20Z)
- Assets (IRS master file)
- $5,274,319
- Income (IRS master file)
- $6,284,659
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $6,284,659 | $6,100,035 | $5,274,319 | XML |
| 990 | June 2024 | $6,190,142 | $6,096,693 | $5,198,630 | XML |
| 990 | June 2023 | $6,010,602 | $5,914,496 | $5,196,347 | XML |
| 990 | June 2022 | $7,282,813 | $6,013,343 | $5,249,311 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 56-2000255).
Questions about MT OLIVE FAMILY MEDICINE CENTER INC
- What is the EIN of MT OLIVE FAMILY MEDICINE CENTER INC?
- The employer identification number (EIN) of MT OLIVE FAMILY MEDICINE CENTER INC is 56-2000255.
- Is MT OLIVE FAMILY MEDICINE CENTER INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to MT OLIVE FAMILY MEDICINE CENTER INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MT OLIVE FAMILY MEDICINE CENTER 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 MT OLIVE FAMILY MEDICINE CENTER INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MT OLIVE FAMILY MEDICINE CENTER INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who are the officers and directors of MT OLIVE FAMILY MEDICINE CENTER INC?
- The 990 for the year ended June 30, 2025 lists 16 people; 7 received compensation from the organization, the highest $458,715 (Thomas Draughon, Medical Director).
- How much revenue does MT OLIVE FAMILY MEDICINE CENTER INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $6,284,659, expenses of $6,100,035 and total assets of $5,274,319 at year end.
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All nonprofits in MOUNT OLIVE · North Carolina · Health care