WAKEMED: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- WAKEMED (EIN 56-6017737)
- Tax period
- 2009-10-01 to 2010-09-30
- Filed
- 2011-08-12
- IRS object ID
- 201102249349301450
- Schema version
- 2009v1.7
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule F
- Schedule H
- Schedule I
- Schedule J
- Schedule K
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-08-12T09:31:24-05:00 | Timestamp |
| Tax Period End Date | 2010-09-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LarsonAllen LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 N Tryon Street Suite 1000 | AddressLine1 |
| City | Charlotte | City |
| State | NC | State |
| ZIP Code | 28246 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-10-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 566017737 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WAKEMED | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | WAKE | NameControl |
| Phone | 9193500535 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3000 NEW BERN AVE | AddressLine1 |
| City | RALEIGH | City |
| State | NC | State |
| ZIP Code | 27610 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Michael DeVaughn | Name |
| Title | cfo | Title |
| Phone | 9193500535 | Phone |
| Date Signed | 2011-08-11 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7049985200 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
Doing Business As DoingBusinessAs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | See schedule O | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | dr william atkinson | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3000 NEW BERN AVE | AddressLine1 |
| City | RALEIGH | City |
| State | NC | State |
| ZIP Code | 27610 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 1335557233 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.WAKEMED.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1965 | YearFormation |
| State Legal Domicile | NC | StateLegalDomicile |
| Activity Or Mission Description | WAKEMED IS A MULTI-FACILITY HEALTH SYSTEM, PROVIDING STATE OF THE ART, HIGH QUALITY CARE. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 14 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 14 | NbrIndependentVotingMembers |
| Total Nbr Employees | 8807 | TotalNbrEmployees |
| Total Nbr Volunteers | 1095 | TotalNbrVolunteers |
| Total Gross UBI | 2293492 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -177371 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 7115585 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 5965412 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 869635965 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 877653989 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 6013068 | InvestmentIncomePriorYear |
| Investment Income Current Year | 11942993 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1007373 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1013153 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 883771991 | TotalRevenuePriorYear |
| Total Revenue Current Year | 896575547 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 1410354 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 1217664 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 484677214 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 475390247 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 400487762 | OtherExpensePriorYear |
| Other Expenses Current Year | 416779932 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 886575330 | TotalExpensesPriorYear |
| Total Expenses Current Year | 893387843 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -2803339 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 3187704 | RevenuesLessExpensesCY |
| Total Assets BOY | 1287675913 | TotalAssetsBOY |
| Total Assets EOY | 1335640583 | TotalAssetsEOY |
| Total Liabilities BOY | 655573436 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 663145048 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 632102477 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 672495535 | NetAssetsOrFundBalancesEOY |
| Mission Description | WakeMed provides outstanding and compassionate care to all who seek our services. We are committed to the health & wellness of the communities we serve by providing preventive, diagnostic, in/out patient, rehabilitative and skilled nursing care to all regardless of ability to pay. Based on community need a diverse array of educational and outreach programs are offered. We also collaborate with other community organizations to improve health status & access. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 231633557 | Expense |
| Revenue | 223852915 | Revenue |
| Description | SURGICAL SERVICES - WakeMed offers surgical services in 3 locations; WakeMed Raleigh Campus, WakeMed Cary Campus and WakeMed North Healthplex. All of them provide surgical services, both in and outpatient to all regardless of their ability to pay. By having services in 3 distinct locations throughout the county, WakeMed has improved access to these services. Access to specialty care continues to be one of the key concerns facing our community. WakeMed has expanded its network of specialists and WakeMed Faculty Physicians is one of the key groups of physicians who provide subspeciality care to the underinsured and work with the patient to provide discounted fees based on income and need. Many physicians on the medical staff continue this practice of provding quality care to patients regardless of ability to pay. Last year, surgeries were performed on 28,567 total patients in the WakeMed system. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 217157931 | Expense |
| Revenue | 239529072 | Revenue |
| Description | HEART SERVICES - WakeMed's heart and vascular program is one of the largest and most well respected in NC. Last year, more than 29,000 cardiovascular procedures were conducted for nearly 14,000 patients in the WakeMed system. Procedures included surgery, cardiac catherizations and electrophysiology and thousands of others were treated medically as in and outpatients throughout the system. The 2008 State of the County Health Report indicated heart disease as the second leading cause of death in Wake County. Additionally, the county's Health Assessment identified management of chronic disease of paramount importance to Wake County residents' overall health. WakeMed's Heart Center has made significant strides in programs and services aiming to reduce heart disease and diabetes and improve patients' understanding of disease management. The Wake Heart Center provides a comprehensive continuum of care for the cardiac patient from education and prevention to diagnosis, intervention, surgery, cardiac rehabilitation and on-going disease management for heart failure. Free education programs are offered regularly for our patients, their family members and the community to complement our comprehensive care services. Our intentions are to teach patients about their risk factors for heart disease and encourage healthy behaviors through lifestyle changes, thus building a foundation for a healthier population. WakeMed Mobile Critical Care Services provides critical care transport via ground and air servicing. Serving approximately 1,000 critically ill patients each month, it is the busiest inter-facility ground transport service in the state. Each year, WakeMed's Heart Center provides free health screenings including cholesterol screenings, blood pressure checks, vascular screenings and stroke assessments throughout the community. These screenings are designed to be a secondary prevention activity to detect early onset of disease and illness. WakeMed conducts training for the program CPR Anytime at multiple locations in Wake County, and provides CPR Anytime kits throughout the community at more than a 70 percent discounted cost. Last fiscal year, WakeMed treated 13,896 patients in our Heart Center; of these, 8,148 were insured under Medicare, 938 were insured under Medicaid and 444 of these patients were uninsured. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 72299532 | Expense |
| Revenue | 104290971 | Revenue |
| Description | EMERGENCY SERVICES - Access to affordable health care continues to be a critical challenge facing Wake County's residents. One of the many ways WakeMed has improved access for Wake County residents is through our multiple locations and physicians offices throughout the community. Over the past couple of years, WakeMed has opened stand alone emergency departments, which are geographically spread throughout the county, increasing convenient access to emergency care for patients. WakeMed is among the top three volume providers of emergency care in NC. Its four adult emergency departments are located throughout Wake County. Our Children's Emergency Department in Raleigh is the only Children's ED in the county. WakeMed's Raleigh Campus is also home to Wake County's only Level I Trauma Center, the highest designation awarded to trauma centers in NC. Our Trauma Service includes five adult intensive care units and a pediatric intensive care unit as well as a comprehensive acute, inpatient and outpatient physical rehabilitation program. WakeMed's emergency and trauma services treat all patients who present seeking medical care, regardless of their ability to pay. In FY10, 191,600 patients were treated in WakeMed's Emergency Departments; of these patients 30,965 were insured under Medicare; 50,827 of these patients were insured under Medicaid; and 39,583 of these patients were uninsured. Nearly 47 percent of all patients seen in our EDs are either Medicaid or uninsured resulting in WakeMed providing care for more than 80 percent of the county's uninsured and Medicaid patients. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 274351323 | Expense |
| Grants | 1217664 | Grants |
| Revenue | 28902589 | Revenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 274351323 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 1217664 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 28902589 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 795442343 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 1 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 1 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 548 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 8807 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Excess Business Holdings | 0 | ExcessBusinessHoldings |
| Taxable Distributions | 0 | TaxableDistributions |
| Distribution To Donor | 0 | DistributionToDonor |
| Nbr Voting Governing Body Members | 14 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 14 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 1 | InvestmentInJointVenture |
| Written Policy Or Procedure | 1 | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | NC | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | michael devaugh cfo | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 9193500535 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3000 NEW BERN AVE | AddressLine1 |
| City | RALEIGH | City |
| State | NC | State |
| ZIP Code | 27610 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (35 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| billie j redmond | ||||||||
| chair - board of directors | 5.00 | X | 0 | 0 | 0 | |||
| larry d barbour | ||||||||
| vice chair - board of directors | 5.00 | X | 0 | 0 | 0 | |||
| thomas b oxholm | ||||||||
| secretary - board of directors | 5.00 | X | 0 | 0 | 0 | |||
| Richard F Baker | ||||||||
| Board member | 4.00 | X | 0 | 0 | 0 | |||
| jerry bernstein md | ||||||||
| board member (6/09) | 4.00 | X | 0 | 0 | 0 | |||
| dana d copeland md | ||||||||
| board member | 3.50 | X | 0 | 0 | 0 | |||
| ron e doggett | ||||||||
| board member | 6.00 | X | 0 | 0 | 0 | |||
| brenda c gibson | ||||||||
| board member | 4.00 | X | 0 | 0 | 0 | |||
| david w jessen | ||||||||
| board member | 3.00 | X | 0 | 0 | 0 | |||
| william h mcbride | ||||||||
| board member | 5.00 | X | 0 | 0 | 0 | |||
| m jackson nichols | ||||||||
| board member | 4.00 | X | 0 | 0 | 0 | |||
| lorraine m wright phd | ||||||||
| board member | 4.50 | X | 0 | 0 | 0 | |||
| Lloyd M Yates | ||||||||
| Board member | 2.00 | X | 0 | 0 | 0 | |||
| Robert A Cerwin | ||||||||
| Board member | 2.00 | X | 0 | 0 | 0 | |||
| paul coble | ||||||||
| board member | 3.00 | X | 0 | 0 | 0 | |||
| jack o clayton | ||||||||
| board member | 4.00 | X | 0 | 0 | 0 | |||
| william p pinna | ||||||||
| board member | 2.00 | X | 0 | 0 | 0 | |||
| william k atkinson ii | ||||||||
| ceo | 40.00 | 797522 | 0 | 143276 | X | |||
| michael devaughn | ||||||||
| cfo | 40.00 | 386390 | 0 | 19979 | X | |||
| deborah g friberg | ||||||||
| exec vp & coo | 40.00 | 460619 | 0 | 36093 | X | |||
| kathleen k gormley | ||||||||
| executive VP - ambulatory | 40.00 | 455375 | 0 | 30222 | X | |||
| david c coulter | ||||||||
| senior vp & administrator Cary Hosp | 40.00 | 373103 | 0 | 33681 | X | |||
| mary a wilcox | ||||||||
| Senior VP - Op & CNO | 40.00 | 290680 | 0 | 33254 | X | |||
| jeanene r martin | ||||||||
| senior vp - human resources | 40.00 | 263201 | 0 | 34859 | X | |||
| evin d arledge | ||||||||
| vp & cio | 40.00 | 269187 | 0 | 33385 | X | |||
| thomas cavender | ||||||||
| vp facilities & constructi | 40.00 | 248889 | 0 | 29190 | X | |||
| carolyn knapp | ||||||||
| vp - ambulatory services | 40.00 | 206465 | 0 | 31445 | X | |||
| BETSY GASKINS-mcclaine | ||||||||
| vp heart & vascular services | 40.00 | 202577 | 0 | 30165 | X | |||
| Georgia c sumiel | ||||||||
| vp - operations & logistics | 40.00 | 173047 | 0 | 22774 | X | |||
| derrick miles | ||||||||
| vp | 40.00 | 195638 | 0 | 23096 | X | |||
| timothy e harris | ||||||||
| md | 40.00 | 575608 | 0 | 31173 | X | |||
| mark l wood | ||||||||
| md | 40.00 | 559642 | 0 | 33728 | X | |||
| johnathan d chappell | ||||||||
| md | 40.00 | 540584 | 0 | 23323 | X | |||
| Gurvinder S Deol | ||||||||
| MD | 40.00 | 499759 | 0 | 25954 | X | |||
| Robert D Matthews | ||||||||
| MD | 40.00 | 392743 | 0 | 32802 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 6891029 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 648399 | TotalOtherCompensation |
| Number Individuals GT100 K | 408 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Brasfield & Gorrie LLC | |||||
| 8521 Six Forks Rd 110 | Raleigh | NC | 27615 | construction | 54927515 |
| Owens & Minor | |||||
| 4200 Global St | raleigh | NC | 27610 | medical supplies | 32891858 |
| amerisourcebergen | |||||
| po box 530494 | atlanta | GA | 30384 | pharmaceuticals | 26173280 |
| medtronic | |||||
| po box 409201 | atlanta | GA | 30384 | medical devices | 24943468 |
| University of NC Hospitals | |||||
| 211 Friday Center Dr | Chapel Hill | NC | 27517 | Physician Services | 18213280 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 341 | NumberOfContractorsGT100K |
| Government Grants | 4739649 | GovernmentGrants |
| All Other Contributions | 1225763 | AllOtherContributions |
| Total Contributions | 5965412 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | patient services | Description |
| Business Code | 621500 | BusinessCode |
| Total Revenue Column | 850868534 | TotalRevenueColumn |
| Related Or Exempt Function Income | 850374069 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 494465 | UnrelatedBusinessRevenue |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 26785455 | TotalRevenueColumn |
| Related Or Exempt Function Income | 18944425 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 1799027 | UnrelatedBusinessRevenue |
| Exclusion | $6,042,003 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 877653989 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 13658349 | TotalRevenueColumn |
| Exclusion | $13,658,349 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 713238 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 85124 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 628114 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 628114 | TotalRevenueColumn |
| Exclusion | $628,114 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 436269069 | Securities |
| Other | 912137 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 438267201 | Securities |
| Other | 629361 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -1998132 | Securities |
| Other | 282776 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -1715356 | TotalRevenueColumn |
| Exclusion | -$1,715,356 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | investment in subsidia | Description |
| Business Code | 621610 | BusinessCode |
| Total Revenue Column | 385039 | TotalRevenueColumn |
| Related Or Exempt Function Income | 385039 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 385039 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 896575547 | TotalRevenueColumn |
| Related Or Exempt Function Income | 869703533 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 2293492 | UnrelatedBusinessRevenue |
| Exclusion | $18,613,110 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1217664 | Total |
| Program Services | 1217664 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4551496 | Total |
| Management And General | 4551496 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 385683188 | Total |
| Program Services | 327830710 | ProgramServices |
| Management And General | 57852478 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13836978 | Total |
| Program Services | 11761431 | ProgramServices |
| Management And General | 2075547 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 44532648 | Total |
| Program Services | 37852751 | ProgramServices |
| Management And General | 6679897 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26785937 | Total |
| Program Services | 22768046 | ProgramServices |
| Management And General | 4017891 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1074198 | Total |
| Program Services | 1009746 | ProgramServices |
| Management And General | 64452 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 214890 | Total |
| Program Services | 196732 | ProgramServices |
| Management And General | 18158 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 226300 | Total |
| Program Services | 212722 | ProgramServices |
| Management And General | 13578 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1071131 | Total |
| Program Services | 1006863 | ProgramServices |
| Management And General | 64268 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 79173463 | Total |
| Program Services | 74423055 | ProgramServices |
| Management And General | 4750408 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4954166 | Total |
| Program Services | 4656916 | ProgramServices |
| Management And General | 297250 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 187887141 | Total |
| Program Services | 176613913 | ProgramServices |
| Management And General | 11273228 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10051391 | Total |
| Program Services | 9448308 | ProgramServices |
| Management And General | 603083 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17385127 | Total |
| Program Services | 16342019 | ProgramServices |
| Management And General | 1043108 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 660464 | Total |
| Program Services | 620836 | ProgramServices |
| Management And General | 39628 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 979923 | Total |
| Program Services | 921127 | ProgramServices |
| Management And General | 58796 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13893557 | Total |
| Program Services | 13893557 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 63022153 | Total |
| Program Services | 63022153 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6691941 | Total |
| Program Services | 6290425 | ProgramServices |
| Management And General | 401516 | ManagementAndGeneral |
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| repairs/maint | 16936239 | 13548991 | 3387248 |
| minor equipment | 3784557 | 3557484 | 227073 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8773291 | Total |
| Program Services | 8246894 | ProgramServices |
| Management And General | 526397 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 893387843 | Total |
| Program Services | 795442343 | ProgramServices |
| Management And General | 97945500 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33990 | BOY |
| EOY | 47880 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 434301087 | BOY |
| EOY | 526517265 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1068584 | BOY |
| EOY | 668736 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 116134806 | BOY |
| EOY | 116153089 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18879703 | BOY |
| EOY | 19481828 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6611930 | BOY |
| EOY | 9621002 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 1168838902 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 642523807 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 509325275 | BOY |
| EOY | 526315095 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 56652762 | BOY |
| EOY | 48902633 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 144667776 | BOY |
| EOY | 87933055 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1287675913 | BOY |
| EOY | 1335640583 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 117184225 | BOY |
| EOY | 128040889 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7002196 | BOY |
| EOY | 1351501 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 465827140 | BOY |
| EOY | 463845902 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 65559875 | BOY |
| EOY | 69906756 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 655573436 | BOY |
| EOY | 663145048 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 631688951 | BOY |
| EOY | 671933552 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 413526 | BOY |
| EOY | 561983 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 632102477 | BOY |
| EOY | 672495535 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1287675913 | BOY |
| EOY | 1335640583 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Hospital170b1 Aiii | X | Hospital170b1Aiii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 1 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 1 | GrantsOtherOrganizations |
| Grants Other Organizations | $77,327 | GrantsOtherOrganizationsAmount |
| Direct Contact Legislators | 1 | DirectContactLegislators |
| Direct Contact Legislators | $148,972 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 0 | OtherActivities |
| Total Lobbying Expenditures IIB | 226299 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part II-B, Line 1i: | Identifier |
| Return Reference | Explanation of Other Lobbying Activities: | ReturnReference |
| Explanation | WakeMed and its office of government affairs work to maintain and strengthen effective relationships with legislators and policy makers at the State, Local and National levels. The Objective is to ensure that WakeMed's point of view is consistently and continually heard so that legislation, regulations and the setting of health policy support the organization's ability to fulfill its mission of care for all regardless of the ability to pay. | Explanation |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 316547 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 7328 | InvestmentEarningsOrLosses |
| Administrative Expenses | 1206 | AdministrativeExpenses |
| End Of Year Balance | 322669 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 350781 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 9625 | InvestmentEarningsOrLosses |
| Other Expenditures | 42650 | OtherExpenditures |
| Administrative Expenses | 1209 | AdministrativeExpenses |
| End Of Year Balance | 316547 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.00000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 1.00000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.00000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3392317 | OtherCostOrOtherBasis |
| Book Value | 3392317 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 553751337 | OtherCostOrOtherBasis |
| Depreciation | 171132908 | Depreciation |
| Book Value | 382618429 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 8087691 | OtherCostOrOtherBasis |
| Depreciation | 3997896 | Depreciation |
| Book Value | 4089795 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 565962333 | OtherCostOrOtherBasis |
| Depreciation | 453203156 | Depreciation |
| Book Value | 112759177 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 37645224 | OtherCostOrOtherBasis |
| Depreciation | 14189847 | Depreciation |
| Book Value | 23455377 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 526315095 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (6 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| assets whose life is limited | 5990999 |
| PREPAID PENSION OBLIGATION | 1899038 |
| DEFERRED BOND FINANCING COSTS | 11357739 |
| other equity investments | 2962199 |
| restricted funds | 30510065 |
| designated funds | 35213015 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 87933055 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (5 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| capital leases | $114,652 |
| misc leases - LT | $533,251 |
| due to 3rd party payer | $50,192,098 |
| ESTIMATED MALPRACTICE | $19,011,587 |
| accrued interest | $55,168 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 69906756 | TotalOfAmounts |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part V, Line 4: | Identifier |
| Return Reference | Description of Intended Use of Endowment Funds: | ReturnReference |
| Explanation | The allen trust endowment funds are used to provide poor and indigent patients with private duty nursing care. wakemed defines poor and indigent patients as those with a financial class of self-pay or medicaid. a sitter can be in either the hospital or homecare setting. | Explanation |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (4 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Total ExpendituresTotalExpenditures | Specific Services ProvidedSpecificServicesProvided |
|---|---|---|---|---|---|
| North America | 0 | 0 | Conferences | 4112 | |
| Europe | 0 | 0 | Conferences | 1000 | |
| Central Amercica | 0 | 0 | Program Service | 3599 | Patient Transport |
| central Amercica | 0 | 0 | Conferences | 1484 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Total Amount Spent | 10195 | TotalAmountSpent |
Schedule H IRS990ScheduleH
| Field | Value | IRS element (for citing) |
|---|---|---|
| Charity Care Policy | 1 | CharityCarePolicy |
| Written Policy | 1 | WrittenPolicy |
| Policy Applied To All Hospitals | X | PolicyAppliedToAllHospitals |
| FPG Reference Free Care | 1 | FPGReferenceFreeCare |
| Pcent200 | X | Pcent200 |
| FPG Reference Discounted Care | 1 | FPGReferenceDiscountedCare |
| Pcent300 | X | Pcent300 |
| Free Disc Care Medically Indigent | 1 | FreeDiscCareMedicallyIndigent |
| Amounts Budgeted For Charity Care | 1 | AmountsBudgetedForCharityCare |
| Expenses Exceeded Budget | 1 | ExpensesExceededBudget |
| Unable To Provide Care | 0 | UnableToProvideCare |
| Annual Community Benefit Report | 1 | AnnualCommunityBenefitReport |
| Report Publically Available | 1 | ReportPublicallyAvailable |
Charity Care At Cost CharityCareAtCost
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Benefit Expense | 65883417 | TotalCommunityBenefitExpense |
| Net Community Benefit Expense | 65883417 | NetCommunityBenefitExpense |
| Percent Of Total Expense | 0.07370 | PercentOfTotalExpense |
Unreimbursed Medicaid UnreimbursedMedicaid
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Benefit Expense | 41056359 | TotalCommunityBenefitExpense |
| Net Community Benefit Expense | 41056359 | NetCommunityBenefitExpense |
| Percent Of Total Expense | 0.04600 | PercentOfTotalExpense |
Total Charity Care TotalCharityCare
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Benefit Expense | 106939776 | TotalCommunityBenefitExpense |
| Net Community Benefit Expense | 106939776 | NetCommunityBenefitExpense |
| Percent Of Total Expense | 0.11970 | PercentOfTotalExpense |
Community Health Services CommunityHealthServices
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Benefit Expense | 3424736 | TotalCommunityBenefitExpense |
| Net Community Benefit Expense | 3424736 | NetCommunityBenefitExpense |
| Percent Of Total Expense | 0.00380 | PercentOfTotalExpense |
Health Professions Education HealthProfessionsEducation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Benefit Expense | 16177063 | TotalCommunityBenefitExpense |
| Direct Offsetting Revenue | 7918304 | DirectOffsettingRevenue |
| Net Community Benefit Expense | 8258759 | NetCommunityBenefitExpense |
| Percent Of Total Expense | 0.00920 | PercentOfTotalExpense |
Cash And In Kind Contributions CashAndInKindContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Benefit Expense | 638802 | TotalCommunityBenefitExpense |
| Net Community Benefit Expense | 638802 | NetCommunityBenefitExpense |
| Percent Of Total Expense | 0.00070 | PercentOfTotalExpense |
Total Other Benefits TotalOtherBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Benefit Expense | 20240601 | TotalCommunityBenefitExpense |
| Direct Offsetting Revenue | 7918304 | DirectOffsettingRevenue |
| Net Community Benefit Expense | 12322297 | NetCommunityBenefitExpense |
| Percent Of Total Expense | 0.01370 | PercentOfTotalExpense |
Total Community Benefits TotalCommunityBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Benefit Expense | 127180377 | TotalCommunityBenefitExpense |
| Direct Offsetting Revenue | 7918304 | DirectOffsettingRevenue |
| Net Community Benefit Expense | 119262073 | NetCommunityBenefitExpense |
| Percent Of Total Expense | 0.13340 | PercentOfTotalExpense |
Physical Improvements And Housing PhysicalImprovementsAndHousing
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Building Expense | 84754 | TotalCommunityBuildingExpense |
| Net Community Building Expense | 84754 | NetCommunityBuildingExpense |
| Percent Of Total Expense | 0.00010 | PercentOfTotalExpense |
Economic Development EconomicDevelopment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Building Expense | 211026 | TotalCommunityBuildingExpense |
| Net Community Building Expense | 211026 | NetCommunityBuildingExpense |
| Percent Of Total Expense | 0.00020 | PercentOfTotalExpense |
Community Support CommunitySupport
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Building Expense | 231695 | TotalCommunityBuildingExpense |
| Net Community Building Expense | 231695 | NetCommunityBuildingExpense |
| Percent Of Total Expense | 0.00030 | PercentOfTotalExpense |
Health Improvement Advocacy HealthImprovementAdvocacy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Building Expense | 19419 | TotalCommunityBuildingExpense |
| Net Community Building Expense | 19419 | NetCommunityBuildingExpense |
| Percent Of Total Expense | 0.00000 | PercentOfTotalExpense |
Workforce Development WorkforceDevelopment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Building Expense | 809575 | TotalCommunityBuildingExpense |
| Net Community Building Expense | 809575 | NetCommunityBuildingExpense |
| Percent Of Total Expense | 0.00090 | PercentOfTotalExpense |
Total Total
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Building Expense | 1356469 | TotalCommunityBuildingExpense |
| Net Community Building Expense | 1356469 | NetCommunityBuildingExpense |
| Percent Of Total Expense | 0.00150 | PercentOfTotalExpense |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bad Debt Expense Reported | 0 | BadDebtExpenseReported |
| Bad Debt Expense | $10,666,728 | BadDebtExpenseAmount |
| Amount Attributable To | 0 | AmountAttributableTo |
| Amount Reimbursed By Medicare | 246501712 | AmountReimbursedByMedicare |
| Cost Of Care Reimbursed By Medicare | 241929320 | CostOfCareReimbursedByMedicare |
| Medicare Surplus Or Shortfall | 4572392 | MedicareSurplusOrShortfall |
Costing Methodology Used CostingMethodologyUsed
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cost To Charge Ratio | X | CostToChargeRatio |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Debt Collection Policy | 1 | WrittenDebtCollectionPolicy |
| Provision For Charity Care | 1 | ProvisionForCharityCare |
Form990 Schedule H Part IV Form990ScheduleHPartIV (7 entries)
| Description Ent Primary ActivityDescriptionEntPrimaryActivity | Organization Profit Or OwnershipOrganizationProfitOrOwnership | Officers Etc Profit Or OwnershipOfficersEtcProfitOrOwnership | Physicans Profit Or OwnershipPhysicansProfitOrOwnership |
|---|---|---|---|
| Mid-Carolina Home Care LLC | |||
| Home Infusion/Medical Equipment | 0.50000 | 0.00000 | 0.00000 |
| Wake PET Services LLC | |||
| Equipment Leasing | 0.50000 | 0.00000 | 0.50000 |
| Cardiac Innovations LLC | |||
| Equipment Leasing | 1.00000 | 0.00000 | 0.00000 |
| Wake Orthopedics LLC | |||
| Medical Practice | 1.00000 | 0.00000 | 0.00000 |
| Wake Specialty Physicians LLC | |||
| Medical Practice | 1.00000 | 0.00000 | 0.00000 |
| Blue Ridge GP LLC | |||
| medical Practice | 0.51000 | 0.00000 | 0.00000 |
| Partners in Practice LLC | |||
| Medical Practice | 1.00000 | 0.00000 | 0.00000 |
Form990 Schedule H Part V Form990ScheduleHPartV (2 entries)
| Address Line1Address/AddressLine1 | CityAddress/City | StateAddress/State | ZIP CodeAddress/ZIPCode | Licensed HospitalLicensedHospital | General Medical And SurgicalGeneralMedicalAndSurgical | Teaching HospitalTeachingHospital | Er24 HoursEr24Hours |
|---|---|---|---|---|---|---|---|
| wakemed raleigh campus | |||||||
| 3000 new bern ave | raleigh | NC | 27610 | X | X | X | X |
| wakemed cary hospital | |||||||
| 1900 kildare road | cary | NC | 27518 | X | X | X | |
Form990 Schedule H Part VI Form990ScheduleHPartVI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Annual Community Benefit Expln | Part I, Line 6a: wakemed prepares a community benefit report per the guidelines of our state hospital association. this report is available on the wakemed and ncha website. | AnnualCommunityBenefitExpln |
| Costing Method Used | Part I, Line 7: charity care is reported as the system charity care at cost. medicaid costs are derived from our cost accounting system, which addresses all patient segments. | CostingMethodUsed |
| Percent Of Total Expense Expln | Part I, Line 7f: The amount reported in Part III, line 2 is the system bad debt at cost. charity and bad debt accounts are recorded at current account balance levels. the balance may be net of contractual allowances and/or payments received. for example, bad debt or charity resulting from an unpaid patient liability after insurance is recorded at the amount unpaid by the patient. the text of the footnote to wakemed's financial statements regarding bad debt expense is as follows: "wakemed has presented its provision for uncollectible accounts as a direct reduction of patient service revenue in accordance with the AICPA audit guide for health care organizations. based on the most recent update of the audit guide's interpretations of the requirements of GASB statement no. 34, governmental health care organizations are required to present uncollectible accounts as a component of net patient service revenue rather than within operating expenses." | PercentOfTotalExpenseExpln |
| Bad Debt Footnote | Part III, Line 4: The amount reported in Part III, line 2 is the system bad debt at cost. charity and bad debt accounts are recorded at current account balance levels. the balance may be net of contractual allowances and/or payments received. for example, bad debt or charity resulting from an unpaid patient liability after insurance is recorded at the amount unpaid by the patient. the text of the footnote to wakemed's financial statements regarding bad debt expense is as follows: "wakemed has presented its provision for uncollectible accounts as a direct reduction of patient service revenue in accordance with the AICPA audit guide for health care organizations. based on the most recent update of the audit guide's interpretations of the requirements of GASB statement no. 34, governmental health care organizations are required to present uncollectible accounts as a component of net patient service revenue rather than within operating expenses." | BadDebtFootnote |
| Shortfall As Community Benefit | Part III, Line 8: there are significant costs involved in the treatment of Medicare patients that are not reportable on the cost report. some of these costs are $1,915,841 for laboratory and therapy services, $12,534,645 for non-covered and non-compliant costs, $5,816,206 for physician costs, $16,032,265 for cost excluded per Medicare cost reporting requirements and $933,154 for unreimbursed Medicare bad debt.The medicare allowable costs were determined from the medicare cost report, as specified in the provider reimbursement manual. | ShortfallAsCommunityBenefit |
| Debt Collection Policy | Part III, Line 9b: the wakemed collections policy applies to all patients. once an account balance is determined to be patient liability, a letter is sent to the patient requesting payment on the balance of the account. if no payment or response is received within 30 days, a second notice is mailed requesting payment. at day 60, the patient is sent a third letter instructing them to settle the account within 10 days. at day 75, the patient is sent a final notice requesting payment within 10 days or the account will be moved to a collection agency. while the letter states 10 days to receive this payment, wakemed allows 30 days for payment to be received and posted to the account before the account is sent to the collection agency on day 105. Note, due to medicare regulations, medicare patient accounts do not move to the collection agency until day 125. | DebtCollectionPolicy |
| Number Of Facility Type Expln | Part V: In addition to the facilities listed in part V, the wakemed system includes six OP rehabilitation facilities, two freestanding 24 hour ED/OR facilities with OP services, and two skilled nursing/OP facilities. | NumberOfFacilityTypeExpln |
| Needs Assessment | Part VI, Line 2: WakeMed assesses the health needs in the community in multiple ways. The organization collects primary data by partnering with Wake County Human Services to conduct a community-wide assessment of perceived health issues facing the community, gaps and needs and the existing assets currently available. In addition, WakeMed consistently surveys patients served both formally and informally through discussions, focus groups, etc. We also work with partnering organizations to understand the needs of certain segments of the population even further. Quantitative secondary data is also collected and analyzed on an on-going basis from a wide variety of sources to help determine the demographics, socioeconomics, health status, chronic illnesses, and barriers to access that exist in all markets that WakeMed serves. | NeedsAssessment |
| Patient Education Assistance | Part VI, Line 3: WakeMed posts the required EMTALA notice at all portals of entry, including Emergency Departments. The signage notes that WakeMed participates in the Medicaid program. The WakeMed website provides detailed information regarding financial assistance and charity care. in addition, the financial assistance form is located on the website for any patient to complete and submit. as part of the intake process/registration for all patients, wakemed provides a copy of the financial and billing policy, which refers patients to patient financial services if they have concerns regarding their ability to pay the bill. all inpatients and patients scheduled for selected outpatient procedures, and who are designated "uninsured" at the time of admission, are contacted personally by a financial counselor. in addition, any patient, regardless of insurance coverage, may request to see a financial counselor. The financial counselor will assess possible Medicaid eligilbilty and provide an application/financial statement that is submitted to patient financial services to request assistance with medical expenses. wakemed also has on-site employees from wake county human services to process medicaid applications for residents of wake county. any patient who is uninsured and may be elibible for disabilty is referred to a wakemed disabilty specialist who will assist with the application. wakemed includes information regarding the financial assistance policy in all patient billing statements. | PatientEducationAssistance |
| Community Information | Part VI, Line 4: Although wakemed serves patients from all of north Carolinas 100 counties and beyond, its primary service area can best be described as the contiguous zone including wake county, Durham county, orange county and Johnston county in central north Carolina. These counties are growing areas consisting of a central city core in Raleigh-Durham-Chapel Hill, and dozens of smaller communities that view Raleigh-Durham-chapel hill as their primary source for tertiary level care. The market itself is fiercely competitive, the only market in the state with 3 major health systems competing against one another. Wakemed shoulders the vast majority of the charity care in the market. The growth of the population base and the gradual aging of the population are indicating an extensive need for more capacity to serve the community over the few next decades. Residents of these 4 counties currently number over 1.5 million in population, and that population has continued to grow even amidst the worst economic recession in many decades. The population is fairly diverse. Key health indicators for this population are collected and reviewed by wakemed frequently. Health facilities investment is lacking in areas with high self-pay & Medicaid rates. The western and northern parts of the market are much more prosperous than southern and eastern. Not dissimilar from most urban parts of America, the majority of deaths come from cancer, heart, and vascular diseases. In addition, the primary service area is growing and aging. With health care changes afoot, wakemed will see intense demands on capital and tight reimbursement over the next decade. All of these factors are coming together to require that community investments to meet needs be determined with razor-sharp accuracy. | CommunityInformation |
| Community Building Activities | Part VI, Line 5: Based on the information gathered from many sources and the needs determined, wakemed develops and implements numerous community-building activities that address the root causes of many health problems. Specifically, we provide financial and in-kind support to community-based organizations whose mission is to address the specific health needs of those populations which are underserved and/or are dealing with critical health issues; we are frequently stationed throughout the community (outside the walls of our organizations) providing health education (stroke, heart disease, diabetes, injury prevention, nutrition), screenings, flu shots, first aid, etc. throughout the community; we have built coalitions that focus on improving access for the uninsured, on encouraging healthy eating and physical activity to reduce obesity, and on identifying children at risk for and who have been victims of sexual abuse and domestic violence; we lead collaborative efforts to help the community prepare and respond to disasters both natural and man-made; we are actively involved in economic development efforts that are focused on building the small business community, revitalizing neighborhoods by growing the economic base and reducing crime; we are actively involved in advocacy to advance public policy as it relates to cost, access and quality; and we lead extensive efforts to help prepare the workforce of tomorrow. These are but a few examples of the extensive outreach provided by wakemed that further our value to the communities we serve. | CommunityBuildingActivities |
| Other Information | Part VI, Line 6: Beyond the care currently provided within our facilities, wakemed continues to develop programs and services in those areas which are underserved and are growing. Access to primary care providers is a critical need. As a result, we are expanding our network of primary care providers who serve community residents, regardless of their ability to pay. Wakemed helps improve the health of the community by outreach that takes on many forms from the direct provision of care to mentoring at-risk youth. The 14-member, volunteer, wakemed board of directors, is a true cross section of the communities we serve. They are corporate/business leaders, community and volunteer leaders and community physicians. Eight of the 14 members are appointed by the wake county commissioners and there are no employees or vendors. Each board member completes a conflict of interest statement to ensure they represent the best interest of the community. In addition, the board has appointed a community benefit task force, which also represents the broader community to help determine where the need is the greatest and provide advice and recommendations to the board with regard to wakemeds role and benefit to the community. The medical staffs are open to all community physicians and privileges are extended to those who apply and meet the credentials as established by the by-laws. There are currently nearly 1,000 physicians on the medical staffs from all specialties and segments of the community. As a private, not-for-profit organization, net income is reinvested in the organization for capital equipment, facility improvements or expansion, new services and service locations, the education of health professionals, research as it relates to the improvement of care and outcomes, and efforts to continually improve the quality and safety of patient care. | OtherInformation |
| Reports Filed With States | NC | ReportsFiledWithStates |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (22 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance |
|---|---|---|---|---|---|---|---|---|---|---|
| alliance medical ministries | ||||||||||
| 101 Donald Ross Dr | raleigh | NC | 27610 | 562168673 | 501(c)(3) | 402125 | medical care | |||
| urban ministries of wake county | ||||||||||
| 1390 Capital Boulevard | raleigh | NC | 27603 | 581422700 | 501(c)(3) | 174486 | medical care | |||
| raleigh rescue mission inc | ||||||||||
| po box 27391 | raleigh | NC | 27611 | 566024168 | 501(c)(3) | 30000 | Medical Care | |||
| American Heart Association | ||||||||||
| 4217 park pl ct | glen allen | VA | 23060 | 135613797 | 501(c)(3) | 5500 | general support | |||
| artsplosure | ||||||||||
| po box 391 | raleigh | NC | 27602 | 581387567 | 501(c)(3) | 5000 | general support | |||
| Camp Oak Hill | ||||||||||
| 3824 Barrett Dr 107 | Raleigh | NC | 27609 | 561108825 | 501(c)(3) | 16455 | general support | |||
| Cary Visual Arts Inc | ||||||||||
| PO Box 4322 | Cary | NC | 27519 | 562023686 | 501(c)(3) | 5000 | General Support | |||
| interact | ||||||||||
| 1012 oberlin rd | raleigh | NC | 27605 | 581320613 | 501(c)(3) | 7500 | general support | 10900 | FMV | 2 Vehicles |
| interfaith food shuttle | ||||||||||
| po box 14638 | raleigh | NC | 27620 | 561753180 | 501(c)(3) | 6000 | general support | |||
| Junior League of Raleigh Inc | ||||||||||
| PO Box 26821 | Raleigh | NC | 27611 | 560562849 | 501(c)(3) | 8000 | General Support | |||
| marbles kids museum | ||||||||||
| 201 east harget st | raleigh | NC | 27601 | 581647538 | 501(c)(3) | 10000 | general support | |||
| march of dimes foundation | ||||||||||
| 6504 falls of the neuse rd | raleigh | NC | 27615 | 131846366 | 501(c)(3) | 5000 | general support | |||
| NC Museum of art foundation inc | ||||||||||
| 4630 mail service cntr | raleigh | NC | 27699 | 237071511 | 501(c)(3) | 10000 | general support | |||
| nc physicians health program inc | ||||||||||
| 200 horizon dr 218 | raleigh | NC | 27615 | 561846599 | 501(c)(3) | 12000 | general support | |||
| NC Spinal Cord Injury Association | ||||||||||
| 3701 Spring Forest Rd | Raleigh | NC | 27609 | 510491208 | 501(c)(3) | 5000 | general support | |||
| ncsu engineering foundation inc | ||||||||||
| 911 Oval Dr | raleigh | NC | 27695 | 566046987 | 501(c)(3) | 5000 | education support | |||
| SAFE Child | ||||||||||
| 864 W Morgan St | Raleigh | NC | 27603 | 561817816 | 501(c)(3) | 5000 | general support | |||
| United Way of the Greater Triangle | ||||||||||
| PO Box 110387 | RTP | NC | 27709 | 561949103 | 501(c)(3) | 34000 | general support | |||
| wake education partnership | ||||||||||
| 706 hillsborough st A | raleigh | NC | 27603 | 581518182 | 501(c)(3) | 5000 | general support | |||
| Project Health for Leon | ||||||||||
| 3816 Carnegie Ln | Raleigh | NC | 27612 | 561917546 | 501(c)(3) | general support | 5450 | FMV | Medical Equipment | |
| UNC Center for Public TV | ||||||||||
| PO Box 14900 | RTP | NC | 27809 | Gov't | 40000 | education support | ||||
| Debnam Clinic | ||||||||||
| 524 Blount St | Raleigh | NC | 27601 | 561977593 | 300000 | medical care | ||||
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, Part I, Line 2: All requests must be in writing. They are reviewed according to our donations/sponsorship guidelines as it relates to community need and ties to WakeMed's mission and designation as a 501(c)(3) organization. All donations are logged on a spreadsheet with the reason for the gift. We also keep a file on each organization and all associated paperwork. In many cases we also track how the gift is used and the benefits. In the case of a large grant, the organization is also asked for a report on results. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Written Policy Re T And E Expenses | 0 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 1 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 1 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (18 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| william k atkinson ii | |||||||||||||
| 758693 | 0 | 24707 | 0 | 14122 | 0 | 126239 | 0 | 17037 | 0 | 940798 | 0 | 0 | 0 |
| michael devaughn | |||||||||||||
| 343472 | 0 | 28375 | 0 | 14543 | 0 | 12250 | 0 | 7729 | 0 | 406369 | 0 | 0 | 0 |
| deborah g friberg | |||||||||||||
| 414864 | 0 | 30107 | 0 | 15648 | 0 | 17943 | 0 | 18150 | 0 | 496712 | 0 | 0 | 0 |
| kathleen k gormley | |||||||||||||
| 409578 | 0 | 30130 | 0 | 15667 | 0 | 15925 | 0 | 14297 | 0 | 485597 | 0 | 0 | 0 |
| david c coulter | |||||||||||||
| 344764 | 0 | 7518 | 0 | 20821 | 0 | 14700 | 0 | 18981 | 0 | 406784 | 0 | 0 | 0 |
| mary a wilcox | |||||||||||||
| 268576 | 0 | 6373 | 0 | 15731 | 0 | 14700 | 0 | 18554 | 0 | 323934 | 0 | 0 | 0 |
| jeanene r martin | |||||||||||||
| 243652 | 0 | 5460 | 0 | 14089 | 0 | 18375 | 0 | 16484 | 0 | 298060 | 0 | 0 | 0 |
| evin d arledge | |||||||||||||
| 262712 | 0 | 5123 | 0 | 1352 | 0 | 15925 | 0 | 17460 | 0 | 302572 | 0 | 0 | 0 |
| thomas cavender | |||||||||||||
| 229232 | 0 | 4695 | 0 | 14962 | 0 | 15925 | 0 | 13265 | 0 | 278079 | 0 | 0 | 0 |
| carolyn knapp | |||||||||||||
| 188533 | 0 | 3943 | 0 | 13989 | 0 | 14724 | 0 | 16721 | 0 | 237910 | 0 | 0 | 0 |
| BETSY GASKINS-mcclaine | |||||||||||||
| 198067 | 0 | 3685 | 0 | 825 | 0 | 16399 | 0 | 13766 | 0 | 232742 | 0 | 0 | 0 |
| Georgia c sumiel | |||||||||||||
| 169505 | 0 | 3187 | 0 | 355 | 0 | 10502 | 0 | 12272 | 0 | 195821 | 0 | 0 | 0 |
| derrick miles | |||||||||||||
| 144945 | 0 | 0 | 0 | 50693 | 0 | 10599 | 0 | 12497 | 0 | 218734 | 0 | 0 | 0 |
| timothy e harris | |||||||||||||
| 371288 | 0 | 203877 | 0 | 443 | 0 | 15925 | 0 | 15248 | 0 | 606781 | 0 | 0 | 0 |
| mark l wood | |||||||||||||
| 293280 | 0 | 266090 | 0 | 272 | 0 | 15925 | 0 | 17803 | 0 | 593370 | 0 | 0 | 0 |
| johnathan d chappell | |||||||||||||
| 238106 | 0 | 302295 | 0 | 183 | 0 | 14700 | 0 | 8623 | 0 | 563907 | 0 | 0 | 0 |
| Gurvinder S Deol | |||||||||||||
| 291619 | 0 | 207405 | 0 | 735 | 0 | 7350 | 0 | 18604 | 0 | 525713 | 0 | 0 | 0 |
| Robert D Matthews | |||||||||||||
| 383501 | 0 | 8623 | 0 | 619 | 0 | 15925 | 0 | 16877 | 0 | 425545 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| Part I, Line 1a | tax indemnification, gross-up payments are paid to some key employees. gross-up payments are included in taxable compensation. Part I, Line 1B: ceo benefits requiring gross-up are covered by his employment agreement; any additional ones are approved by the board of directors. other staff gross-ups occur for service award gift checks ($50/5 years of service). ceo travel for spouse is included in his employment contract. |
| Part I, Line 4a: | severance paid to 1 executive - Miles $41,779 |
| Part I, Line 7 | The organization has incentive based programs that are driven by accomplishing targets associated with quality of care, workforce excellence, patient satisfaction, and a minimum operating margin. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (3 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer |
|---|---|---|---|---|---|---|
| nc medical care commission | ||||||
| 521309402 | 65821dcr0 | 2009-02-10 | 169225082 | See Schedule O | 0 | 0 |
| nc medical care commission | ||||||
| 521309402 | 65821dcs8 | 2009-02-26 | 75000000 | see Schedule O | 0 | 0 |
| nc medical care commission | ||||||
| 521309402 | 65821dcw9 | 2009-07-16 | 81780000 | See schedule O | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (3 entries)
| Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Amount UnspentAmountUnspent | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Capital ExpendituresCapitalExpenditures | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|---|
| 169806880 | 11946013 | 568437 | 6340248 | 150653193 | 2010 | 0 | 0 | 0 | 1 |
| 75570285 | 9384637 | 873463 | 65062519 | 2010 | 0 | 0 | 0 | 1 | |
| 87780000 | 858472 | 2010 | 1 | 0 | 1 | 1 |
Form990 Schedule K Part III Form990ScheduleKPartIII (3 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 1 | 0 | 1 | 0.00000 | 0.00000 | 0.00000 | 1 |
| 0 | 0 | 1 | 0 | 1 | 0.00000 | 0.00000 | 0.00000 | 1 |
| 0 | 1 | 1 | 0 | 1 | 0.00440 | 0.00000 | 0.00440 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (3 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 1 | 0 | 0 | 0 | 0 |
| 0 | 1 | 0 | 0 | 0 | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (15 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Form 990, Part VI, Section A, line 7a | 8 members of the board are appointed to the board of directors by wake county. | |
| Form 990, Part VI, Section A, line 7b | the wake county board of commissioners holds limited approval over some governing body decisions pertaining to ARticles V, Vi, Vii and ix in the articles of incorporation. the transfer agreement with wake county indicates approval/consent for transactions pertaining to substantial disposition of assets and covenants on liens. | |
| Form 990, Part VI, Section B, line 11 | The entire 990 and associated schedules are reviewed over a period of months by the finance committee of the board of directors to acknowledge they have reviewed forms and schedules and then recommend approval to the board. a final copy is provided to the board before filing. | |
| Form 990, Part VI, Section B, line 12c | the organization monitors and enforces the conflict of interest policy in various ways. each year, members of the board, committees with board delegated powers, ceo, corporate staff, executive staff, directors, managers are required to complete and submit a conflict of interest questionnaire. those individuals are required to provide written documentation of any potential conflict of interest, identifying material financial interest/personal conflicts of interest. remedial measures implemented to address conflicts of interest include abstention from voting on certain issues as well as recusal from the decision-making process and participation involving the identified issue/area. the code of conduct provides guidance on gifts and travel. gifts should not be accepted and prior to any travel/lodging paid for by a third party, written approval must be obtained from an executive vice president. also, employees who own or work in a private business outside of wakemed are not allowed to recruit or promote their products and services during work hours or through wakemed printed materials. | |
| Form 990, Part VI, Section B, line 15a | review of the compensation for the CEO, officers and key employees is done regularly by the human resource department. the facility regularly uses an independent consulting firm as a source of compensation information, benchmarking and review to ensure consistent and fair compensation practices. the CEO's compensation is approved by the Board. | |
| Form 990, Part VI, Section C, line 19 | the 990 is available by request and is published on guidestar. Financial statements are publically available through the medical care commission as it relates to tax exempt debt. The annual audited financial statements and transfer agreement are provided each year to wake county commissioners and become public information. Articles of incorporation are available on NC secretary of state website. | |
| form 990, part xi, line 2c: | No changes for approving audited financial statements or selection of independent accountants have occurred from the prior year. | |
| Schedule H, Page 3, Part V: Facility Information: Part V lists those facilities separately licensed and/or registered under state law. It is not a complete listing of all sites where services are provided. the complete listing can be found on wakemed.org. | ||
| Schedule K, Page 1, Part I, Row A, Column F: Description of Purpose: Financing (a) costs of constructing, expanding, renovating, and equipping certain hospital facilities including WakeMed Care 2-story vertical expansion, 10 bed Labor and Delivery Unit expansion and parking deck, WakeMed Raleigh 4-story patient tower, parking deck for visitors and patients, employee parking deck, portion of Rehabilitation Hospital for inpatient beds, the first floor of main hospital for 25 observation bed unit and related and other equipment (b) a debt service reserve fund, (c) the premium for a financial guaranty insurance policy and (d) issuance fees and expenses. On Part II, line 3, the premium for bond insurance was added per IRS instructions. | ||
| Schedule K, Page 1, Part I, Row B, Column F: Description of Purpose: Financing (a) costs of constructing, renovating and equipping certain hospital facilities including WakeMed Cary 2-story vertical expansion 10-bed labor and delivery unit expansion and parking deck, WakeMed Raleigh 4-story patient tower, parking deck for visitors and patients, employee parking deck portions of Rehabilitation Hospital for inpatient beds, the first floor main hospital for 25 observation bed unit and related and other equipment, (b) initial costs for a credit facility for the bonds, and (c) issuance fees and expenses. | ||
| Schedule K, Page 1, Part I, Row C, Column F: Description of Purpose: Financing (a) costs of currently refunding all outstanding Series 1997 bonds issued. The 1997 issue was used to refund all of 1993 and 1988 bonds which were issued to finance costs of constructing expanding, renovating, and equipping certain hospital facilities including construction of WakeMed Cary Hospital, 2-story addition to the WakeMed main campus, 45 bed rehabilitation hospital and related and other equipmnet, and (b) issuance fees and expenses. | ||
| Schedule K, Part II, 5 Bond Insurance: A - Premium for bond insurance added as per instructions | ||
| Form 990, Page 1, Box C: | Legal entity name WakeMed Legal entiy EIN 56-6017737 dba name(s): 1. wake medical center 2. western wake hospital 3. northern wake hospital 4. wake heart center 5. western wake medical center 6. wake rehabilitation hospital 7. wake area health education center 8. wake ahec 9. eastern wake day hospital and skilled nursing facility 10. wakemed home care 11. wakemed - new bern avenue campus 12. wakemed - western wake med. center 13. wakemed - rehab 14. wakemed - fuquay-varina 15. wakemed - zebulon-wendell 16. wakemed raleigh campus 17. wakemed cary hospital 18. wakemed north healthplex 19. wakemed clayton medical park 20. wakemed cary outpatient rehab center 21. wakemed fuquay-varina outpatient & skilled nursing facility 22. wakemed zebulon/wendell outpatient & skilled nursing facility 23. wakemed wake forest road outpatient rehab center 24. wakemed home health 25. wakemed health & hospitals 26. wakemed emergency services institute 27. wakemed center for patient safety 28. wakemed apex healthplex 29. wakemed professional staff 30. wakemed mobile critical care services | Doing Business As: |
| Form 990, Part I, Line 6: | WakeMed has approximately 1,095 volunteers. They are technically classified as volunteers of the organizations; "The Volunteers at WakeMed Raleigh Campus" and "The Volunteers at WakeMed Cary Hospital" but we list them here for informational purposes. | Volunteers: |
| Form 990, Page 6, Part VI, Section A, Line 8A and 8B: | WakeMed documents all meetings held by the governing body and each committee meeting in the form of "Minutes of the Meetings". These minutes are kept in 2 formats; paper and disks which are stored at separate locations. | Documentation of Meetings: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI (5 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Total IncomeTotalIncome | EOY AssetsEOYAssets | Direct Controlling Entity NADirectControllingEntityNA |
|---|---|---|---|---|---|---|---|---|---|
| WAKE ORTHOPEaDICS llc | |||||||||
| 3009 NEW BERN AVENUE | RALEIGH | NC | 27610 | 043750760 | medical office | NC | 10584927 | 4423607 | N/A |
| CARDIAC INNOVATIONS llc | |||||||||
| 3000 NEW BERN AVENUE | RALEIGH | NC | 27610 | 260554927 | equipment leasing | NC | 34048 | 151351 | N/A |
| wake specialty physicians llc | |||||||||
| 3009 NEW BERN AVENUE | rALEIGH | NC | 27610 | 264169156 | medical office | NC | 6065487 | 1948125 | N/A |
| Partners in Practice LLC | |||||||||
| 3000 New BERN AVENUE | RALEIGH | NC | 27610 | 271164650 | Medical office | NC | 2262982 | 2428198 | N/A |
| Capital City Surgery Center LLC | |||||||||
| 3000 NEW BERN AVENUE | rALEIGH | NC | 27610 | 260804803 | medical office | NC | 0 | 0 | N/A |
Form990 Schedule R Part II Form990ScheduleRPartII (5 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Direct Controlling Entity NADirectControllingEntityNA |
|---|---|---|---|---|---|---|---|---|---|
| wakemed property services | |||||||||
| 3000 new bern ave | raleigh | NC | 27610 | 561133894 | leasing | NC | 501(c)(3) | 509(a)(3) | N/A |
| wakemed faculty practice plan | |||||||||
| 3000 new bern ave | raleigh | NC | 27610 | 237169178 | promote educational | NC | 501(c)(3) | 509(a)(3) | N/A |
| the volunteers at cary campus | |||||||||
| 1900 kildaire farm rd | cary | NC | 27511 | 561798031 | assistance to patients | NC | 501(c)(3) | 509(a)(3) | N/A |
| the volunteers at wakemed raleigh campus | |||||||||
| 3000 new bern ave | raleigh | NC | 27610 | 560749114 | assistance to patients | NC | 501(c)(3) | 509(a)(3) | N/A |
| wakemed foundation | |||||||||
| 3000 new bern ave | raleigh | NC | 27610 | 561916549 | fundraising | NC | 501(c)(3) | 509(a)(3) | N/A |
Form990 Schedule R Part III Form990ScheduleRPartIII (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Direct Controlling Entity NADirectControllingEntityNA | Predominant Income TypePredominantIncomeType | Share Of Total IncomeShareOfTotalIncome | Share Of EOY AssetsShareOfEOYAssets | Disproportionate AllocationsDisproportionateAllocations | General Or Managing PartnerGeneralOrManagingPartner |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| wake pet services llc | ||||||||||||
| 3000 new bern ave | raleigh | NC | 27607 | 263108205 | eq leasing | NC | N/A | related | 30719 | 593867 | 0 | 0 |
| Blue Ridge GP LLC | ||||||||||||
| 272241593 | medical | NC | N/A | related | 781759 | 6886925 | 0 | 1 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 1 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 1 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 1 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (5 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| wakemed faculty practice plan | |
| R | 30304516 |
| wakemed property services | |
| Q | 2257886 |
| Wakemed property services | |
| I | 6275788 |
| wakemed foundation | |
| R | 9213310 |
| wakemed foundation | |
| Q | 3551300 |