2024-11-21T11:21:54-06:00 2023-12-31 990 2023-01-01 581867242 SELF INSURANCE FUND - NOVANT HEALTH INC SELF 3362772411 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 ALICE POPE EVP & CFO 3367182023 2024-11-14 1 2023 2024-10-15 13:58:12Z CARL ARMATO 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 16073936 0 X N/A X 1989 NC SEE SCHEDULE O 6 0 0 6 0 0 0 0 0 0 -115444 -29428 0 0 -115444 -29428 0 0 0 0 0 0 0 0 0 32919 18100 32919 18100 -148363 -47528 6816146 14884287 7694355 6420448 -878209 8463839 X SEE SCHEDULE O 0 0 18100 THE ORGANIZATION HAS HISTORICALLY FUNDED GENERAL AND PROFESSIONAL LIABILITY CLAIMS LEVIED AGAINST THE NON-PROFIT ORGANIZATIONS OF NOVANT HEALTH'S INTEGRATED HEALTHCARE SYSTEM. ASSETS, LIABILITIES, AND INVESTMENT EARNINGS OF THE ORGANIZATION ARE RECORDED ON THE BOOKS OF THE SYSTEM'S PARENT ORGANIZATION, NOVANT HEALTH, INC. HOWEVER, THE FINANCIAL ACTIVITY OF THE ORGANIZATION IS REPORTED SEPARATELY ON THIS FORM 990. THE ORGANIZATION IS IN THE PROCESS OF WIND-DOWN IN ANTICIPATION OF DISSOLUTION IN 2024. 18100 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 19 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 0 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X WENDI STOCKSTILL 3362772411 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 DENISE MIHAL CHAIR/EVP 0.20 50.00 X X 0 1921892 41300 FRANK EMORY JR TRUSTEE (FR 1/1/23)/EVP 0.20 50.00 X 0 1800483 52450 JULIA HYETT TRUSTEE/VP CORP INSURANCE 0.20 45.00 X 0 311364 40868 NAN HOLLAND TRUSTEE/VP RISK MGMT 0.20 45.00 X 0 358408 31572 SCOTT MYERS TRUSTEE/SVP CORP FINANCE 0.20 50.00 X 0 946449 115625 STANLEY FULLER MD TRUSTEE (FR 1/1/23)/SVP CCO 0.20 45.00 X 0 947480 153328 FRED HARGETT EVP/CFO (TO 9/6/23) 0.20 50.00 X 0 2400670 50705 GEOFFREY GARDNER CFO (FR 9/6/23) 0.20 50.00 X 0 909106 128749 ERIC ESKIOGLU MD FMR TRUSTEE (TO 12/1/22)/FMR KE 0.00 0.00 X 0 1599799 35616 0 11195651 650213 0 1 1 0 PARKER POE ADAMS AND BERNSTEIN LLP 620 S TRYON ST STE 800 CHARLOTTE NC 28202 LEGAL FEES 374783 COFFEY LAW PLLC 138 EAST KINDERTON WAY BERMUDA RUN NC 27006 LEGAL FEES 282502 SHUMAKER LOOP & KENDRICK LLP PO BOX 714625 CINCINNATI OH 45271 LEGAL FEES 258125 NEXSEN PRUET 1230 MAIN STREET SUITE 700 COLUMBIA SC 29201 LEGAL FEES 246793 BATTEN LEE PLLC 4141 PARKLAKE AVE SUITE 350 RALEIGH NC 27612 LEGAL FEES 105754 5 153802 153802 15920134 16103364 -183230 -183230 -183230 -29428 0 0 -29428 18100 18100 18100 18100 0 0 20417 5761092 6742340 53389 9123195 6816146 14884287 7694355 6420448 7694355 6420448 X -878209 8463839 -878209 8463839 6816146 14884287 X -47528 277965 9111611 X 0 1 X 1 0 X X 8 MEDICAL PARK HOSPITAL INC 561340424 3 0 0 0 NOVANT MEDICAL GROUP INC 581728803 3 0 0 0 FORSYTH MEMORIAL HOSPITAL INC 560928089 3 0 0 0 FOUNDATION HEALTH SYSTEMS CORP 561373175 10 0 0 0 THE PRESBYTERIAN HOSPITAL 560554230 3 0 0 0 PRESBYTERIAN MEDICAL CARE CORP 561376368 3 0 0 0 ROWAN REGIONAL MEDICAL CENTER INC 560547479 3 0 0 0 CAROLINA MEDICORP ENTERPRISES INC 581466368 10 0 0 0 8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X 1 1 PART I, LINE 12G: SELF INSURANCE FUND - NOVANT HEALTH, INC. PROVIDES GENERAL, COMMERCIAL, AND PROFESSIONAL LIABILITY SELF-INSURANCE FUNDING TO THE SUPPORTED ORGANIZATIONS LISTED IN PART I. PART IV, SECTION A, LINE 1: THE TRUST SUPPORTS A DESIGNATED CLASS OF ENTITIES, THAT BEING THE TAX-EXEMPT ORGANIZATIONS WITHIN THE HEALTH SYSTEM. HOWEVER, THERE EXISTS A HISTORIC AND CONTINUING RELATIONSHIP WITH THE FILING ORGANIZATION. BY REASON OF THIS RELATIONSHIP, A SUBSTANTIAL IDENTITY OF INTEREST HAS BEEN DEVELOPED BETWEEN THE ORGANIZATIONS THEREBY ESTABLISHING A HISTORIC AND CONTINUING RELATIONSHIP. PART IV, SECTION D, LINE 3: REPRESENTATIVES OF THE SUPPORTED ORGANIZATIONS PROVIDE ONGOING FEEDBACK AND GUIDANCE ON COST OF SERVICES AND CLAIMS MANAGEMENT. PART IV, SECTION E, LINE 2A: THE FILING ORGANIZATION PERFORMS THE GENERAL, COMMERCIAL AND PROFESSIONAL LIABILITY SELF-INSURANCE PURPOSES OF THE HEALTH SYSTEM'S TAX-EXEMPT ORGANIZATIONS (SPECIFIED BY CLASS). OUR INTEGRATED HEALTHCARE SYSTEM IS DEDICATED TO PROVIDING REMARKABLE HEALTHCARE TO THE MANY COMMUNITIES WE SERVE. THE VARIOUS TAX-EXEMPT ENTITIES SUPPORTED BY THE FILING ORGANIZATION ARE THE PRIMARY PROVIDERS OF THESE SERVICES AND THE SYSTEM APPROACH IS DESIGNED SUCH THAT THEY HAVE THE FREEDOM TO PURSUE AND FOCUS ON THAT EXEMPT PURPOSE. BY PROVIDING THIS SELF-INSURANCE FUNCTION, SIF IS DIRECTLY SUPPORTING THE VARIOUS SUPPORTED ORGANIZATIONS IN THE SYSTEM IN FURTHERING THEIR EXEMPT PURPOSE AND QUALIFIES FOR EXEMPTION ITSELF BASED ON THESE ACTIVITIES. EFFECTIVE JANUARY 1, 2020, SELF INSURANCE FUND-NOVANT HEALTH, INC IS FROZEN TO NEW GENERAL AND PROFESSIONAL LIABILITY CLAIMS. NOVANT HEALTH RESTRUCTURED THE INSURANCE ARRANGEMENT AND SELF INSURANCE FUND-NOVANT HEALTH, INC NOW PRIMARILY SERVES AS A CLAIMS MADE VEHICLE. PART IV, SECTION E, LINE 2B: BUT FOR THE SELF-INSURANCE FUNCTION PERFORMED BY THE FILING ORGANIZATION, THE SUPPORTED ORGANIZATIONS WOULD BE REQUIRED TO SELF-INSURE INDIVIDUALLY OR PURCHASE COMMERCIAL INSURANCE POLICIES, THE COST OF WHICH WOULD BE SIGNIFICANTLY GREATER THAN THE COST OF OPERATING THE FILING ORGANIZATION (AS A TRUST). THE ADDITIONAL EXPENSE WOULD BE DETRIMENTAL TO THE OPERATIONS OF THE SUPPORTED ORGANIZATIONS AND WOULD DECREASE THE FUNDS AVAILABLE TO PURSUE THEIR EXEMPT MISSION. 0 ACCRUED INTEREST INCOME 11584 DUE TO/FROM AFFILIATE 9111611 9123195 0 THIRD PARTY PAYABLE 6420448 6420448 X PART X, LINE 2: PART X, LINE 2: LIABILITY UNDER FIN 48 (ASC 740) FOOTNOTE THE AUDIT FOR NOVANT HEALTH AND ITS AFFILIATES IS PREPARED ON A CONSOLIDATED BASIS. THE COMPANY IS REQUIRED TO EVALUATE UNCERTAIN TAX POSITIONS. THIS EVALUATION INCLUDES A QUANTIFICATION OF TAX RISK IN AREAS SUCH AS UNRELATED BUSINESS TAXABLE INCOME AND THE TAXATION OF OUR FOR-PROFIT SUBSIDIARIES. THIS EVALUATION DID NOT HAVE A MATERIAL EFFECT ON THE COMPANY'S CONSOLIDATED STATEMENTS OF OPERATIONS AND CHANGES IN NET ASSETS FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022. 1 1 0 0 0 0 0 0 0 FRED HARGETT EVP/CFO (TO 9/6/23) 0 886648 0 1074292 0 439730 0 19800 0 30905 0 2451375 0 0 DENISE MIHAL CHAIR/EVP 0 856282 0 842945 0 222665 0 19800 0 21500 0 1963192 0 0 FRANK EMORY JR TRUSTEE (FR 1/1/23)/EVP 0 803363 0 775564 0 221556 0 19800 0 32650 0 1852933 0 0 ERIC ESKIOGLU MD FMR TRUSTEE (TO 12/1/22)/FMR KE 0 0 0 626977 0 972822 0 0 0 35616 0 1635415 0 0 STANLEY FULLER MD TRUSTEE (FR 1/1/23)/SVP CCO 0 535885 0 363476 0 48119 0 105764 0 47564 0 1100808 0 0 SCOTT MYERS TRUSTEE/SVP CORP FINANCE 0 474683 0 349472 0 122294 0 95228 0 20397 0 1062074 0 65108 GEOFFREY GARDNER CFO (FR 9/6/23) 0 496309 0 343441 0 69356 0 98858 0 29891 0 1037855 0 25993 NAN HOLLAND TRUSTEE/VP RISK MGMT 0 252846 0 64912 0 40650 0 15535 0 16037 0 389980 0 0 JULIA HYETT TRUSTEE/VP CORP INSURANCE 0 222495 0 57696 0 31173 0 14912 0 25956 0 352232 0 0 PART I, LINE 3 THE FILING ORGANIZATION IS AN INTEGRAL PART OF NOVANT HEALTH, AN INTEGRATED HEALTHCARE SYSTEM AND RELIES UPON NOVANT HEALTH, INC., THE PARENT ORGANIZATION, TO USE THE PROCESS DESCRIBED IN PART VI, LINE 15A/15B OF THIS RETURN TO ESTABLISH COMPENSATION FOR CERTAIN EXECUTIVES. THIS PROCESS ADHERES TO THE REQUIREMENTS SET FORTH TO SECURE THE REBUTTABLE PRESUMPTION OF REASONABLENESS AND INCLUDES A REVIEW AND APPROVAL BY INDEPENDENT AND DISINTERESTED MEMBERS OF A COMPENSATION COMMITTEE, CONSULTATION WITH INDEPENDENT COMPENSATION CONSULTANTS, THE UTILIZATION OF THIRD-PARTY COMPARABILITY DATA SUCH AS PUBLISHED COMPENSATION SURVEYS, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. PART I, LINES 4A-B PART I, LINES 4A-C: SEVERANCE, NONQUALIFIED, AND EQUITY-BASED PAYMENTS SEVERANCE ERIC ESKIOGLU MD $948,234 NONQUALIFIED GEOFFREY GARDNER $25,993 SCOTT MYERS $75,251 EQUITY-BASED NONE PART I, LINE 4A - SEVERANCE PLAN: ELIGIBLE EXECUTIVES MAY RECEIVE SEVERANCE PAY THAT IS BASED ON ANNUAL COMPENSATION FOR A SPECIFIED PERIOD OF TIME. THE SEVERANCE PAY WOULD BE PAID ONLY IN THE EVENT OF CERTAIN TYPES OF EMPLOYMENT TERMINATION, AND IS FURTHER CONTINGENT ON THE SATISFACTION OF OTHER CONDITIONS SUCH AS COMPLIANCE WITH A NON-COMPETITION COVENANT. ANY CURRENT YEAR PAYMENTS HAVE BEEN INCLUDED IN THE COMPENSATION AMOUNTS REPORTED IN PART VII AND IN COLUMN (B)(III) OF SCHEDULE J. THE COMPENSATION AND LEADERSHIP COMMITTEE OF THE NOVANT HEALTH BOARD REVIEWS, APPROVES, AND OVERSEES ALL ASPECTS AND ALL ELEMENTS OF EXECUTIVE COMPENSATION AND BENEFITS, INCLUDING THE AMOUNTS AWARDED UNDER THIS SEVERANCE PLAN. PART I, LINE 4B - SUPPLEMENTAL NONQUALIFIED RETIREMENT PLANS: THE SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN ("SERP") IS INTENDED TO SUPPORT RETENTION OF KEY EXECUTIVES, AND TO OFFER COMPETITIVE TOTAL COMPENSATION. GENERALLY, ANNUAL CONTRIBUTIONS TO THE PLAN OR PAYMENTS TO PARTICIPANTS WILL BE BASED ON A PERCENTAGE OF THE PARTICIPANT'S BASE SALARY AS OF JANUARY 1ST OF THE PREVIOUS PLAN YEAR AND ARE REPORTED IN COLUMN (C) OF SCHEDULE J. PRIOR TO MAKING THE CONTRIBUTIONS OR PAYMENTS, THE NOVANT HEALTH COMPENSATION AND LEADERSHIP COMMITTEE ("COMMITTEE") WILL APPROVE THE AMOUNTS AS TO REASONABLENESS, WHEN COMBINED WITH ALL OTHER ANNUAL COMPENSATION. A 3 YEAR CLASS-YEAR VESTING PERIOD WILL APPLY UP TO AGE 62, WHEN ALL MONEY WOULD BE VESTED AND PAID OUT TO THE PARTICIPANT. OTHERWISE, VESTING WILL OCCUR ON JANUARY 1ST OF EACH YEAR FOR THE APPROPRIATE CLASS-YEAR VESTING PERIOD. THE COMMITTEE REVIEWS, APPROVES, AND OVERSEES ALL ASPECTS AND ALL ELEMENTS OF EXECUTIVE COMPENSATION AND BENEFITS, INCLUDING THE AMOUNTS AWARDED UNDER THIS SERP. FORM 990, PI, L1: ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES NOVANT HEALTH IS A NON-PROFIT INTEGRATED HEALTHCARE SYSTEM OF 15 MEDICAL CENTERS WITH MORE THAN 35,000 EMPLOYEES AND 1,800 PHYSICIANS IN OVER 800 LOCATIONS, AS WELL AS NUMEROUS OUTPATIENT SURGERY CENTERS, MEDICAL PLAZAS, REHABILITATION PROGRAMS, DIAGNOSTIC IMAGING CENTERS AND COMMUNITY HEALTH OUTREACH PROGRAMS. HEADQUARTERED IN WINSTON-SALEM, NORTH CAROLINA, NOVANT HEALTH'S TEAM MEMBERS AND PHYSICIAN PARTNERS CARE FOR PATIENTS AND COMMUNITIES IN NORTH CAROLINA, SOUTH CAROLINA AND GEORGIA. THE NOVANT HEALTH INTEGRATED HEALTHCARE SYSTEM OPERATES TO CARRY OUT ITS CHARITABLE MISSION OF IMPROVING THE HEALTH OF COMMUNITIES IT SERVES AND MAKING HEALTHCARE REMARKABLE FOR PATIENTS. NOVANT HEALTH ACCOMPLISHES THAT MISSION BY PROVIDING AND SUPPORTING EXCELLENT HEALTHCARE FACILITIES AND PHYSICIAN PRACTICES AND BY MAKING A COMMITMENT TO COMMUNITY OUTREACH/SERVICE THROUGH THE PROVISION OF COMMUNITY BENEFIT PROGRAMS. BY BRINGING TOGETHER WORLD-CLASS TECHNOLOGY AND CLINICIANS TO PROVIDE QUALITY CARE, NOVANT HEALTH IS COMMITTED TO CREATING A HEALTHCARE EXPERIENCE THAT IS SIMPLER, MORE CONVENIENT, AND MORE AFFORDABLE SO PATIENTS CAN FOCUS ON GETTING BETTER AND STAYING HEALTHY. IN 2023, NOVANT HEALTH PROVIDED NEARLY 7 MILLION PATIENT VISITS AND OVER $1.5 BILLION OF COMMUNITY BENEFIT EXPENDITURES SYSTEM-WIDE ON AN ANNUAL BASIS. SELF-INSURANCE FUND - NOVANT HEALTH, INC. IS AN INTEGRAL PART OF THE NOVANT HEALTH HEALTHCARE SYSTEM. THE ORGANIZATION HISTORICALLY SERVED TO PROCESS AND FUND GENERAL AND PROFESSIONAL LIABILITY CLAIMS LEVIED AGAINST NOVANT HEALTH'S TAX-EXEMPT ORGANIZATIONS OPERATING IN HEALTHCARE. EFFECTIVE JANUARY 1, 2020, THE ORGANIZATION WAS FROZEN TO NEW GENERAL AND PROFESSIONAL LIABILITY CLAIMS WHEN NOVANT HEALTH RESTRUCTURED ITS GENERAL AND PROFESSIONAL LIABILITY INSURANCE ARRANGEMENTS. THE ORGANIZATION NOW PRIMARILY SERVES AS A CLAIMS MADE VEHICLE, WITH FUTURE PLANS OF DISSOLUTION. FORM 990, PART III, LINE 1: OUR CAUSE (FKA MISSION, VISION AND VALUES) IN THE SPIRIT OF KEEPING OUR FOCUS ON PATIENT-CENTERED, EQUITABLE AND COMPASSIONATE CARE WHILE ENSURING OUR ORGANIZATION IS SUSTAINABLE FOR FUTURE GENERATIONS, WE HAVE RESTATED OUR MISSION, VISION AND VALUES AND ARE NOW GUIDED BY OUR CAUSE. OUR CAUSE WE CREATE A HEALTHIER FUTURE AND BRING REMARKABLE EXPERIENCES TO LIFE. DISCOVER WE CONSISTENTLY SEEK TO INNOVATE, COURAGEOUSLY TRANSFORM OURSELVES AND FIND NEW WAYS TO ADD VALUE FOR OUR PATIENTS, COMMUNITIES AND ONE ANOTHER. EMPOWER WE PROVIDE ONE ANOTHER, OUR PATIENTS, FAMILIES AND COMMUNITIES WITH THE RESOURCES AND ENVIRONMENT TO CREATE SHARED ACCOUNTABILITY AND ACTION. THRIVE WE DEMONSTRATE EQUITY, EMPATHY, SAFETY AND QUALITY TO HELP EACH OTHER, AND OUR COMMUNITIES GROW AND SUCCEED. TOGETHER WE WORK AS A TRUSTED TEAM WITH OUR UNIQUE PERSPECTIVES, LIFE EXPERIENCES AND EXPERTISE TO BRING REMARKABLE TO LIFE IN EVERY INTERACTION. WE ALL BELONG. FORM 990, PART VI, SECTION A, LINE 2 FAMILY AND/OR BUSINESS RELATIONSHIPS BUSINESS RELATIONSHIP SCOTT MYERS JULIA HYETT FRANK EMORY, JR. NAN HOLLAND DENISE MIHAL FORM 990, PART VI, SECTION B, LINE 11B FORM 990, PART VI, SECTION B, LINE 11: ORGANIZATION'S PROCESS TO REVIEW FORM 990 THE BOARD DELEGATES REVIEW OF THE FORM 990 TO NOVANT HEALTH'S BOARD OF TRUSTEES' AUDIT AND COMPLIANCE COMMITTEE ("THE COMMITTEE"), WHICH OVERSEES TAX MATTERS FOR ENTITIES IN THE NOVANT HEALTH SYSTEM. THE COMMITTEE IS THE REVIEW BODY FOR ALL OF THE FORM 990S FILED FOR TAX-EXEMPT ORGANIZATIONS WITHIN THE NOVANT HEALTH SYSTEM. THE COMMITTEE IS PROVIDED A COPY OF FORM 990 AND MEETS TO ADDRESS ANY QUESTIONS AND SIGNIFICANT DISCLOSURES WITHIN THE FORM 990 PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C FORM 990, PART VI, SECTION B, LINE 12C: MONITORING AND ENFORCEMENT OF COI THE ORGANIZATION'S TRUSTEE CONFLICT OF INTEREST POLICY APPLIES TO ALL TRUSTEES, PRINCIPAL OFFICERS OR MEMBERS OF A COMMITTEE WITH BOARD DELEGATED POWERS INCLUDING ANY APPLICABLE DISREGARDED ENTITIES. ALL TRUSTEES ARE SENT AN ANNUAL DISCLOSURE QUESTIONNAIRE. THE TRUSTEE ANNUAL DISCLOSURE QUESTIONNAIRES ARE REVIEWED BY THE COMPLIANCE AND TAX DEPARTMENTS. WITH RESPECT TO PARTICULAR TRANSACTIONS THAT COME BEFORE THE BOARD, THE CONFLICT OF INTEREST POLICY WOULD BE FOLLOWED. THE POTENTIAL CONFLICT OF INTEREST WOULD BE DISCLOSED BY THE BOARD MEMBER BEFORE A VOTE ON THE TRANSACTION AND THE REST OF THE BOARD WOULD DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS. IF THE REST OF THE BOARD DETERMINED THAT A CONFLICT OF INTEREST EXISTED THEN THE BOARD MEMBER WITH THE CONFLICT OF INTEREST WOULD NOT PARTICIPATE IN THE DELIBERATIONS AND VOTE. FORM 990, PART VI, SECTION B, LINE 15 FORM 990, PART VI, SECTION B, LINE 15A/15B: THE FILING ORGANIZATION IS AN INTEGRAL PART OF NOVANT HEALTH, AN INTEGRATED HEALTHCARE SYSTEM. INDEPENDENT AND DISINTERESTED BOARD MEMBERS OF THE PARENT ORGANIZATION, NOVANT HEALTH, INC. BOARD OF TRUSTEES (WHO COMPRISE THE COMPENSATION AND LEADERSHIP COMMITTEE OF THE BOARD), REVIEW, APPROVE, AND OVERSEE ALL ASPECTS OF COMPENSATION AND BENEFITS FOR CERTAIN LEADERS ("EXECUTIVES") SERVING AS OFFICERS, INCLUDING THE TOP MANAGEMENT & FINANCIAL OFFICIALS, OR KEY EMPLOYEES FOR NOVANT HEALTH ENTITIES. THE COMMITTEE WORKS WITH AN INDEPENDENT COMPENSATION CONSULTANT AND USES THIRD PARTY COMPARABILITY DATA FOR FUNCTIONALLY SIMILAR POSITIONS AT COMPARABLE ORGANIZATIONS TO ENSURE THAT TOTAL COMPENSATION AND BENEFITS FOR EACH EXECUTIVE IS REASONABLE. THE COMMITTEE REVIEWS AND APPROVES EXECUTIVE COMPENSATION AND BENEFITS ANNUALLY, CONSISTENT WITH THE WRITTEN EXECUTIVE COMPENSATION PHILOSOPHY OF NOVANT HEALTH, AND IN A MANNER THAT QUALIFIES FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS. FORM 990, PART VI, SECTION C, LINE 19 FORM 990, PART VI, SECTION C, LINE 19: GOVERNING DOCUMENTS DISCLOSURE THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS CONTAINING ALL ORGANIZATIONS IN THE NOVANT HEALTH SYSTEM ARE POSTED TO THE NOVANT HEALTH WEBSITE. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: TRANSFER OF CAPITAL 9,111,611. AUXILIARY OF FORSYTH MEMORIAL HOSPITAL 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 560862112 GIFT SHOP NC 501(C)(3) LINE 10 FORSYTH MEMORIAL HOSPITAL INC 0 BRUNSWICK NOVANT MEDICAL CENTER FOUNDATION 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 274616751 FUNDRAISING NC 501(C)(3) LINE 7 BRUNSWICK COMMUNITY HOSPITAL LLC 0 CAROLINA HEALTHCARE ASSOCIATES INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 562049697 HEALTHCARE STAFFING NC 501(C)(3) LINE 3 NOVANT HEALTH NEW HANOVER REGIONAL MEDICAL CENTER LLC 0 COMMUNITY GENERAL HOSPITAL FOUNDATION INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 561828629 FUNDRAISING NC 501(C)(3) LINE 7 NOVANT HEALTH THOMASVILLE MEDICAL CENTER LLC 0 FORSYTH MEDICAL CENTER FOUNDATION 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 562120959 FUNDRAISING NC 501(C)(3) LINE 7 FORSYTH MEMORIAL HOSPITAL INC 0 FORSYTH MEMORIAL HOSPITAL INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 560928089 HEALTHCARE NC 501(C)(3) LINE 3 NOVANT HEALTH TRIAD REGION LLC 0 FOUNDATION HEALTH SYSTEMS CORP 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 561373175 HEALTHCARE NC 501(C)(3) LINE 10 NOVANT HEALTH INC 0 NEW HANOVER REGIONAL MEDICAL CENTER FOUNDATION INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 561752396 FUNDRAISING NC 501(C)(3) LINE 7 NOVANT HEALTH NEW HANOVER REGIONAL MEDICAL CENTER LLC 0 NHRMC HOME CARE 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 352379154 HEALTHCARE NC 501(C)(3) LINE 10 PENDER MEMORIAL HOSPITAL INC 0 NOVANT HEALTH INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 561376950 HEALTHCARE NC 501(C)(3) LINE 3 N/A 0 NOVANT MEDICAL GROUP INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 581728803 HEALTHCARE NC 501(C)(3) LINE 3 NMG SERVICES LLC 0 PENDER MEMORIAL HOSPITAL INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 560653348 HEALTHCARE NC 501(C)(3) LINE 3 NOVANT HEALTH NEW HANOVER REGIONAL MEDICAL CENTER LLC 0 PRESBYTERIAN HOSPITAL FOUNDATION 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 581413074 FUNDRAISING NC 501(C)(3) LINE 7 NOVANT HEALTH SOUTHERN PIEDMONT REGION LLC 0 ROWAN REGIONAL MEDICAL CENTER AUXILIARY 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 237022472 GIFT SHOP NC 501(C)(3) LINE 10 NOVANT HEALTH ROWAN MEDICAL CENTER LLC 0 ROWAN REGIONAL MEDICAL CENTER FOUNDATION INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 561424818 FUNDRAISING NC 501(C)(3) LINE 7 NOVANT HEALTH ROWAN MEDICAL CENTER LLC 0 THE PRESBYTERIAN HOSPITAL 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 560554230 HEALTHCARE NC 501(C)(3) LINE 3 NOVANT HEALTH SOUTHERN PIEDMONT REGION LLC 0 ADEPT HEALTH INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 562226937 ADMIN SERVICES NC N/A C 0 CHOICEHEALTH INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 561896065 MANAGED CARE NC N/A C 0 COMMUNICARE INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 561952950 RENTAL REAL ESTATE NC N/A C 0 KERNERSVILLE MEDICAL CENTER PARK OWNERS' ASSOCIATION 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 471511401 REAL PROPERTY MGMT NC N/A C 0 MEDQUEST INC & SUBSIDIARIES 3480 PRESTON RIDGE RD STE 600 ALPHARETTA GA 30005 223860764 DIAGNOSTIC IMAGING DE N/A C 0 SALEM DIAGNOSTICS INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 561513621 INACTIVE NC N/A C 0 SALEM HEALTH SERVICES INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 561342654 INACTIVE NC N/A C 0 THE PARK AT MONROE PROPERTY OWNERS ASSOCIATION INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 463910256 REAL PROPERTY MGMT NC N/A C 0 NOVANT HEALTH AFFILIATE II INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 934532877 INACTIVE NC N/A C 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 1