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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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2011-08-12T09:31:24-05:00Timestamp
Tax Period End Date2010-09-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1LarsonAllen LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1101 N Tryon Street Suite 1000AddressLine1
CityCharlotteCity
StateNCState
ZIP Code28246ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2009-10-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN566017737EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1WAKEMEDBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlWAKENameControl
Phone9193500535Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line13000 NEW BERN AVEAddressLine1
CityRALEIGHCity
StateNCState
ZIP Code27610ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameMichael DeVaughnName
TitlecfoTitle
Phone9193500535Phone
Date Signed2011-08-11DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
Phone7049985200Phone
FieldValueIRS element (for citing)
Tax Year2009TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

Doing Business As DoingBusinessAs

FieldValueIRS element (for citing)
Business Name Line1See schedule OBusinessNameLine1
FieldValueIRS element (for citing)
Name Of Principal Officer Persondr william atkinsonNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line13000 NEW BERN AVEAddressLine1
CityRALEIGHCity
StateNCState
ZIP Code27610ZIPCode
FieldValueIRS element (for citing)
Gross Receipts1335557233GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501cXOrganization501c
Web SiteWWW.WAKEMED.ORGWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1965YearFormation
State Legal DomicileNCStateLegalDomicile
Activity Or Mission DescriptionWAKEMED IS A MULTI-FACILITY HEALTH SYSTEM, PROVIDING STATE OF THE ART, HIGH QUALITY CARE.ActivityOrMissionDescription
Nbr Voting Members Governing Body14NbrVotingMembersGoverningBody
Nbr Independent Voting Members14NbrIndependentVotingMembers
Total Nbr Employees8807TotalNbrEmployees
Total Nbr Volunteers1095TotalNbrVolunteers
Total Gross UBI2293492TotalGrossUBI
Net Unrelated Business Txbl Income-177371NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year7115585ContributionsGrantsPriorYear
Contributions Grants Current Year5965412ContributionsGrantsCurrentYear
Program Service Revenue Prior Year869635965ProgramServiceRevenuePriorYear
Program Service Revenue CY877653989ProgramServiceRevenueCY
Investment Income Prior Year6013068InvestmentIncomePriorYear
Investment Income Current Year11942993InvestmentIncomeCurrentYear
Other Revenue Prior Year1007373OtherRevenuePriorYear
Other Revenue Current Year1013153OtherRevenueCurrentYear
Total Revenue Prior Year883771991TotalRevenuePriorYear
Total Revenue Current Year896575547TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year1410354GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY1217664GrantsAndSimilarAmntsCY
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year484677214SalariesEtcPriorYear
Salaries Etc Current Year475390247SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year400487762OtherExpensePriorYear
Other Expenses Current Year416779932OtherExpensesCurrentYear
Total Expenses Prior Year886575330TotalExpensesPriorYear
Total Expenses Current Year893387843TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-2803339RevenuesLessExpensesPriorYear
Revenues Less Expenses CY3187704RevenuesLessExpensesCY
Total Assets BOY1287675913TotalAssetsBOY
Total Assets EOY1335640583TotalAssetsEOY
Total Liabilities BOY655573436TotalLiabilitiesBOY
Total Liabilities EOY663145048TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY632102477NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY672495535NetAssetsOrFundBalancesEOY
Mission DescriptionWakeMed 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 Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense231633557Expense
Revenue223852915Revenue
DescriptionSURGICAL 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

FieldValueIRS element (for citing)
Expense217157931Expense
Revenue239529072Revenue
DescriptionHEART 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

FieldValueIRS element (for citing)
Expense72299532Expense
Revenue104290971Revenue
DescriptionEMERGENCY 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

FieldValueIRS element (for citing)
Expense274351323Expense
Grants1217664Grants
Revenue28902589Revenue
FieldValueIRS element (for citing)
Total Of Other Program Service Exp274351323TotalOfOtherProgramServiceExp
Total Of Other Program Service Grnt1217664TotalOfOtherProgramServiceGrnt
Total Of Other Program Service Rev28902589TotalOfOtherProgramServiceRev
Total Program Service Expense795442343TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities1LobbyingActivities
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments1TermOrPermanentEndowments
Balance Sheet Amounts Reported1BalanceSheetAmountsReported
Independent Audit Financial Stmt0IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt1ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities1ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital1Hospital
Grants To Organizations1GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required1ScheduleJRequired
Tax Exempt Bonds1TaxExemptBonds
Invest Tax Exempt Bonds0InvestTaxExemptBonds
Escrow Account0EscrowAccount
On Behalf Of Issuer0OnBehalfOfIssuer
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity1DisregardedEntity
Related Entity1RelatedEntity
Related Org Controlled Entity1RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With1096548NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees8807NumberOfEmployees
Employment Tax Returns Filed1EmploymentTaxReturnsFiled
Unrelated Business Income1UnrelatedBusinessIncome
Form990-T Filed1Form990-TFiled
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Excess Business Holdings0ExcessBusinessHoldings
Taxable Distributions0TaxableDistributions
Distribution To Donor0DistributionToDonor
Nbr Voting Governing Body Members14NbrVotingGoverningBodyMembers
Number Independent Voting Members14NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members1ElectionOfBoardMembers
Decisions Subject To Approval1DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO1CompensationProcessCEO
Compensation Process Other0CompensationProcessOther
Investment In Joint Venture1InvestmentInJointVenture
Written Policy Or Procedure1WrittenPolicyOrProcedure
States Where Copy Of Return Is FiledNCStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1michael devaugh cfoBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number9193500535TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line13000 NEW BERN AVEAddressLine1
CityRALEIGHCity
StateNCState
ZIP Code27610ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (35 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationOfficerOfficerKey EmployeeKeyEmployeeHighest Compensated EmployeeHighestCompensatedEmployee
billie j redmond
chair - board of directors5.00X000
larry d barbour
vice chair - board of directors5.00X000
thomas b oxholm
secretary - board of directors5.00X000
Richard F Baker
Board member4.00X000
jerry bernstein md
board member (6/09)4.00X000
dana d copeland md
board member3.50X000
ron e doggett
board member6.00X000
brenda c gibson
board member4.00X000
david w jessen
board member3.00X000
william h mcbride
board member5.00X000
m jackson nichols
board member4.00X000
lorraine m wright phd
board member4.50X000
Lloyd M Yates
Board member2.00X000
Robert A Cerwin
Board member2.00X000
paul coble
board member3.00X000
jack o clayton
board member4.00X000
william p pinna
board member2.00X000
william k atkinson ii
ceo40.007975220143276X
michael devaughn
cfo40.00386390019979X
deborah g friberg
exec vp & coo40.00460619036093X
kathleen k gormley
executive VP - ambulatory40.00455375030222X
david c coulter
senior vp & administrator Cary Hosp40.00373103033681X
mary a wilcox
Senior VP - Op & CNO40.00290680033254X
jeanene r martin
senior vp - human resources40.00263201034859X
evin d arledge
vp & cio40.00269187033385X
thomas cavender
vp facilities & constructi40.00248889029190X
carolyn knapp
vp - ambulatory services40.00206465031445X
BETSY GASKINS-mcclaine
vp heart & vascular services40.00202577030165X
Georgia c sumiel
vp - operations & logistics40.00173047022774X
derrick miles
vp40.00195638023096X
timothy e harris
md40.00575608031173X
mark l wood
md40.00559642033728X
johnathan d chappell
md40.00540584023323X
Gurvinder S Deol
MD40.00499759025954X
Robert D Matthews
MD40.00392743032802X
FieldValueIRS element (for citing)
Total Reportable Comp From Org6891029TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation648399TotalOtherCompensation
Number Individuals GT100 K408NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K1TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1CityAddressOfContractor/AddressUS/CityStateAddressOfContractor/AddressUS/StateZIP CodeAddressOfContractor/AddressUS/ZIPCodeDescription Of ServicesDescriptionOfServicesCompensationCompensation
Brasfield & Gorrie LLC
8521 Six Forks Rd 110RaleighNC27615construction54927515
Owens & Minor
4200 Global StraleighNC27610medical supplies32891858
amerisourcebergen
po box 530494atlantaGA30384pharmaceuticals26173280
medtronic
po box 409201atlantaGA30384medical devices24943468
University of NC Hospitals
211 Friday Center DrChapel HillNC27517Physician Services18213280
FieldValueIRS element (for citing)
Number Of Contractors GT100 K341NumberOfContractorsGT100K
Government Grants4739649GovernmentGrants
All Other Contributions1225763AllOtherContributions
Total Contributions5965412TotalContributions

Program Service Revenue ProgramServiceRevenue

FieldValueIRS element (for citing)
Descriptionpatient servicesDescription
Business Code621500BusinessCode
Total Revenue Column850868534TotalRevenueColumn
Related Or Exempt Function Income850374069RelatedOrExemptFunctionIncome
Unrelated Business Revenue494465UnrelatedBusinessRevenue

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

FieldValueIRS element (for citing)
Total Revenue Column26785455TotalRevenueColumn
Related Or Exempt Function Income18944425RelatedOrExemptFunctionIncome
Unrelated Business Revenue1799027UnrelatedBusinessRevenue
Exclusion$6,042,003ExclusionAmount
FieldValueIRS element (for citing)
Total Program Service Revenue877653989TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column13658349TotalRevenueColumn
Exclusion$13,658,349ExclusionAmount

Gross Rents GrossRents

FieldValueIRS element (for citing)
Real713238Real

Less Rental Expenses LessRentalExpenses

FieldValueIRS element (for citing)
Real85124Real

Rental Income Or Loss RentalIncomeOrLoss

FieldValueIRS element (for citing)
Real628114Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column628114TotalRevenueColumn
Exclusion$628,114ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities436269069Securities
Other912137Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities438267201Securities
Other629361Other

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities-1998132Securities
Other282776Other

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column-1715356TotalRevenueColumn
Exclusion-$1,715,356ExclusionAmount

Other Revenue Misc OtherRevenueMisc

FieldValueIRS element (for citing)
Descriptioninvestment in subsidiaDescription
Business Code621610BusinessCode
Total Revenue Column385039TotalRevenueColumn
Related Or Exempt Function Income385039RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Other Revenue385039TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column896575547TotalRevenueColumn
Related Or Exempt Function Income869703533RelatedOrExemptFunctionIncome
Unrelated Business Revenue2293492UnrelatedBusinessRevenue
Exclusion$18,613,110ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total1217664Total
Program Services1217664ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total4551496Total
Management And General4551496ManagementAndGeneral

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total385683188Total
Program Services327830710ProgramServices
Management And General57852478ManagementAndGeneral

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total13836978Total
Program Services11761431ProgramServices
Management And General2075547ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total44532648Total
Program Services37852751ProgramServices
Management And General6679897ManagementAndGeneral

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total26785937Total
Program Services22768046ProgramServices
Management And General4017891ManagementAndGeneral

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total1074198Total
Program Services1009746ProgramServices
Management And General64452ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total214890Total
Program Services196732ProgramServices
Management And General18158ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

FieldValueIRS element (for citing)
Total226300Total
Program Services212722ProgramServices
Management And General13578ManagementAndGeneral

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total1071131Total
Program Services1006863ProgramServices
Management And General64268ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total79173463Total
Program Services74423055ProgramServices
Management And General4750408ManagementAndGeneral

Advertising Advertising

FieldValueIRS element (for citing)
Total4954166Total
Program Services4656916ProgramServices
Management And General297250ManagementAndGeneral

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total187887141Total
Program Services176613913ProgramServices
Management And General11273228ManagementAndGeneral

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total10051391Total
Program Services9448308ProgramServices
Management And General603083ManagementAndGeneral

Occupancy Occupancy

FieldValueIRS element (for citing)
Total17385127Total
Program Services16342019ProgramServices
Management And General1043108ManagementAndGeneral

Travel Travel

FieldValueIRS element (for citing)
Total660464Total
Program Services620836ProgramServices
Management And General39628ManagementAndGeneral

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total979923Total
Program Services921127ProgramServices
Management And General58796ManagementAndGeneral

Interest Interest

FieldValueIRS element (for citing)
Total13893557Total
Program Services13893557ProgramServices

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total63022153Total
Program Services63022153ProgramServices

Insurance Insurance

FieldValueIRS element (for citing)
Total6691941Total
Program Services6290425ProgramServices
Management And General401516ManagementAndGeneral

Other Expenses OtherExpenses (2 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneral
repairs/maint16936239135489913387248
minor equipment37845573557484227073

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total8773291Total
Program Services8246894ProgramServices
Management And General526397ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total893387843Total
Program Services795442343ProgramServices
Management And General97945500ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY33990BOY
EOY47880EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY434301087BOY
EOY526517265EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY1068584BOY
EOY668736EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY116134806BOY
EOY116153089EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

FieldValueIRS element (for citing)
BOY18879703BOY
EOY19481828EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY6611930BOY
EOY9621002EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis1168838902LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec642523807LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY509325275BOY
EOY526315095EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY56652762BOY
EOY48902633EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY144667776BOY
EOY87933055EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY1287675913BOY
EOY1335640583EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY117184225BOY
EOY128040889EOY

Deferred Revenue DeferredRevenue

FieldValueIRS element (for citing)
BOY7002196BOY
EOY1351501EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

FieldValueIRS element (for citing)
BOY465827140BOY
EOY463845902EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY65559875BOY
EOY69906756EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY655573436BOY
EOY663145048EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY631688951BOY
EOY671933552EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY413526BOY
EOY561983EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY632102477BOY
EOY672495535EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY1287675913BOY
EOY1335640583EOY
FieldValueIRS element (for citing)
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited
Audit Committee1AuditCommittee
Financial Statement ConsolidatedXFinancialStatementConsolidated
Federal Grant Audit Required1FederalGrantAuditRequired
Federal Grant Audit Performed1FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Hospital170b1 AiiiXHospital170b1Aiii

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Volunteers0Volunteers
Paid Staff Or Management1PaidStaffOrManagement
Media Advertisements0MediaAdvertisements
Mailings Members0MailingsMembers
Publications Or Broadcast0PublicationsOrBroadcast
Grants Other Organizations1GrantsOtherOrganizations
Grants Other Organizations$77,327GrantsOtherOrganizationsAmount
Direct Contact Legislators1DirectContactLegislators
Direct Contact Legislators$148,972DirectContactLegislatorsAmount
Rallies Demonstrations0RalliesDemonstrations
Other Activities0OtherActivities
Total Lobbying Expenditures IIB226299TotalLobbyingExpendituresIIB
Not Described In501c30NotDescribedIn501c3

Form990 Schedule C Part IV Form990ScheduleCPartIV

FieldValueIRS element (for citing)
IdentifierPart II-B, Line 1i:Identifier
Return ReferenceExplanation of Other Lobbying Activities:ReturnReference
ExplanationWakeMed 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

FieldValueIRS element (for citing)
Beginning Of Year Balance316547BeginningOfYearBalance
Investment Earnings Or Losses7328InvestmentEarningsOrLosses
Administrative Expenses1206AdministrativeExpenses
End Of Year Balance322669EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance350781BeginningOfYearBalance
Investment Earnings Or Losses9625InvestmentEarningsOrLosses
Other Expenditures42650OtherExpenditures
Administrative Expenses1209AdministrativeExpenses
End Of Year Balance316547EndOfYearBalance
FieldValueIRS element (for citing)
Board Designated EOY Balance0.00000BoardDesignatedEOYBalance
Permanent Endowment EOY Balance1.00000PermanentEndowmentEOYBalance
Term Endowment EOY Balance0.00000TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs0EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs0EndowmentsHeldByRelatedOrgs

Land Land

FieldValueIRS element (for citing)
Other Cost Or Other Basis3392317OtherCostOrOtherBasis
Book Value3392317BookValue

Buildings Buildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis553751337OtherCostOrOtherBasis
Depreciation171132908Depreciation
Book Value382618429BookValue

Leasehold Improvements LeaseholdImprovements

FieldValueIRS element (for citing)
Other Cost Or Other Basis8087691OtherCostOrOtherBasis
Depreciation3997896Depreciation
Book Value4089795BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis565962333OtherCostOrOtherBasis
Depreciation453203156Depreciation
Book Value112759177BookValue

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis37645224OtherCostOrOtherBasis
Depreciation14189847Depreciation
Book Value23455377BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings526315095TotalOfBookValueLandBuildings

Other Assets OtherAssets (6 entries)

DescriptionDescriptionBook ValueBookValue
assets whose life is limited5990999
PREPAID PENSION OBLIGATION1899038
DEFERRED BOND FINANCING COSTS11357739
other equity investments2962199
restricted funds30510065
designated funds35213015
FieldValueIRS element (for citing)
Total Book Value Other Assets87933055TotalBookValueOtherAssets

Other Liabilities OtherLiabilities (5 entries)

DescriptionDescriptionAmountAmount
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
FieldValueIRS element (for citing)
Total Of Amounts69906756TotalOfAmounts

Form990 Schedule D Part XIV Form990ScheduleDPartXIV

FieldValueIRS element (for citing)
IdentifierPart V, Line 4:Identifier
Return ReferenceDescription of Intended Use of Endowment Funds:ReturnReference
ExplanationThe 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)

RegionRegionNumber Of OfficesNumberOfOfficesNumber Of EmployeesNumberOfEmployeesType Of Activities ConductedTypeOfActivitiesConductedTotal ExpendituresTotalExpendituresSpecific Services ProvidedSpecificServicesProvided
North America00Conferences4112
Europe00Conferences1000
Central Amercica00Program Service3599Patient Transport
central Amercica00Conferences1484
FieldValueIRS element (for citing)
Total Number Of Offices0TotalNumberOfOffices
Total Number Of Employees0TotalNumberOfEmployees
Total Amount Spent10195TotalAmountSpent

Schedule H IRS990ScheduleH

FieldValueIRS element (for citing)
Charity Care Policy1CharityCarePolicy
Written Policy1WrittenPolicy
Policy Applied To All HospitalsXPolicyAppliedToAllHospitals
FPG Reference Free Care1FPGReferenceFreeCare
Pcent200XPcent200
FPG Reference Discounted Care1FPGReferenceDiscountedCare
Pcent300XPcent300
Free Disc Care Medically Indigent1FreeDiscCareMedicallyIndigent
Amounts Budgeted For Charity Care1AmountsBudgetedForCharityCare
Expenses Exceeded Budget1ExpensesExceededBudget
Unable To Provide Care0UnableToProvideCare
Annual Community Benefit Report1AnnualCommunityBenefitReport
Report Publically Available1ReportPublicallyAvailable

Charity Care At Cost CharityCareAtCost

FieldValueIRS element (for citing)
Total Community Benefit Expense65883417TotalCommunityBenefitExpense
Net Community Benefit Expense65883417NetCommunityBenefitExpense
Percent Of Total Expense0.07370PercentOfTotalExpense

Unreimbursed Medicaid UnreimbursedMedicaid

FieldValueIRS element (for citing)
Total Community Benefit Expense41056359TotalCommunityBenefitExpense
Net Community Benefit Expense41056359NetCommunityBenefitExpense
Percent Of Total Expense0.04600PercentOfTotalExpense

Total Charity Care TotalCharityCare

FieldValueIRS element (for citing)
Total Community Benefit Expense106939776TotalCommunityBenefitExpense
Net Community Benefit Expense106939776NetCommunityBenefitExpense
Percent Of Total Expense0.11970PercentOfTotalExpense

Community Health Services CommunityHealthServices

FieldValueIRS element (for citing)
Total Community Benefit Expense3424736TotalCommunityBenefitExpense
Net Community Benefit Expense3424736NetCommunityBenefitExpense
Percent Of Total Expense0.00380PercentOfTotalExpense

Health Professions Education HealthProfessionsEducation

FieldValueIRS element (for citing)
Total Community Benefit Expense16177063TotalCommunityBenefitExpense
Direct Offsetting Revenue7918304DirectOffsettingRevenue
Net Community Benefit Expense8258759NetCommunityBenefitExpense
Percent Of Total Expense0.00920PercentOfTotalExpense

Cash And In Kind Contributions CashAndInKindContributions

FieldValueIRS element (for citing)
Total Community Benefit Expense638802TotalCommunityBenefitExpense
Net Community Benefit Expense638802NetCommunityBenefitExpense
Percent Of Total Expense0.00070PercentOfTotalExpense

Total Other Benefits TotalOtherBenefits

FieldValueIRS element (for citing)
Total Community Benefit Expense20240601TotalCommunityBenefitExpense
Direct Offsetting Revenue7918304DirectOffsettingRevenue
Net Community Benefit Expense12322297NetCommunityBenefitExpense
Percent Of Total Expense0.01370PercentOfTotalExpense

Total Community Benefits TotalCommunityBenefits

FieldValueIRS element (for citing)
Total Community Benefit Expense127180377TotalCommunityBenefitExpense
Direct Offsetting Revenue7918304DirectOffsettingRevenue
Net Community Benefit Expense119262073NetCommunityBenefitExpense
Percent Of Total Expense0.13340PercentOfTotalExpense

Physical Improvements And Housing PhysicalImprovementsAndHousing

FieldValueIRS element (for citing)
Total Community Building Expense84754TotalCommunityBuildingExpense
Net Community Building Expense84754NetCommunityBuildingExpense
Percent Of Total Expense0.00010PercentOfTotalExpense

Economic Development EconomicDevelopment

FieldValueIRS element (for citing)
Total Community Building Expense211026TotalCommunityBuildingExpense
Net Community Building Expense211026NetCommunityBuildingExpense
Percent Of Total Expense0.00020PercentOfTotalExpense

Community Support CommunitySupport

FieldValueIRS element (for citing)
Total Community Building Expense231695TotalCommunityBuildingExpense
Net Community Building Expense231695NetCommunityBuildingExpense
Percent Of Total Expense0.00030PercentOfTotalExpense

Health Improvement Advocacy HealthImprovementAdvocacy

FieldValueIRS element (for citing)
Total Community Building Expense19419TotalCommunityBuildingExpense
Net Community Building Expense19419NetCommunityBuildingExpense
Percent Of Total Expense0.00000PercentOfTotalExpense

Workforce Development WorkforceDevelopment

FieldValueIRS element (for citing)
Total Community Building Expense809575TotalCommunityBuildingExpense
Net Community Building Expense809575NetCommunityBuildingExpense
Percent Of Total Expense0.00090PercentOfTotalExpense

Total Total

FieldValueIRS element (for citing)
Total Community Building Expense1356469TotalCommunityBuildingExpense
Net Community Building Expense1356469NetCommunityBuildingExpense
Percent Of Total Expense0.00150PercentOfTotalExpense
FieldValueIRS element (for citing)
Bad Debt Expense Reported0BadDebtExpenseReported
Bad Debt Expense$10,666,728BadDebtExpenseAmount
Amount Attributable To0AmountAttributableTo
Amount Reimbursed By Medicare246501712AmountReimbursedByMedicare
Cost Of Care Reimbursed By Medicare241929320CostOfCareReimbursedByMedicare
Medicare Surplus Or Shortfall4572392MedicareSurplusOrShortfall

Costing Methodology Used CostingMethodologyUsed

FieldValueIRS element (for citing)
Cost To Charge RatioXCostToChargeRatio
FieldValueIRS element (for citing)
Written Debt Collection Policy1WrittenDebtCollectionPolicy
Provision For Charity Care1ProvisionForCharityCare

Form990 Schedule H Part IV Form990ScheduleHPartIV (7 entries)

Description Ent Primary ActivityDescriptionEntPrimaryActivityOrganization Profit Or OwnershipOrganizationProfitOrOwnershipOfficers Etc Profit Or OwnershipOfficersEtcProfitOrOwnershipPhysicans Profit Or OwnershipPhysicansProfitOrOwnership
Mid-Carolina Home Care LLC
Home Infusion/Medical Equipment0.500000.000000.00000
Wake PET Services LLC
Equipment Leasing0.500000.000000.50000
Cardiac Innovations LLC
Equipment Leasing1.000000.000000.00000
Wake Orthopedics LLC
Medical Practice1.000000.000000.00000
Wake Specialty Physicians LLC
Medical Practice1.000000.000000.00000
Blue Ridge GP LLC
medical Practice0.510000.000000.00000
Partners in Practice LLC
Medical Practice1.000000.000000.00000

Form990 Schedule H Part V Form990ScheduleHPartV (2 entries)

Address Line1Address/AddressLine1CityAddress/CityStateAddress/StateZIP CodeAddress/ZIPCodeLicensed HospitalLicensedHospitalGeneral Medical And SurgicalGeneralMedicalAndSurgicalTeaching HospitalTeachingHospitalEr24 HoursEr24Hours
wakemed raleigh campus
3000 new bern averaleighNC27610XXXX
wakemed cary hospital
1900 kildare roadcaryNC27518XXX

Form990 Schedule H Part VI Form990ScheduleHPartVI

FieldValueIRS element (for citing)
Annual Community Benefit ExplnPart 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 UsedPart 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 ExplnPart 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 FootnotePart 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 BenefitPart 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 PolicyPart 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 ExplnPart 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 AssessmentPart 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 AssistancePart 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 InformationPart 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 ActivitiesPart 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 InformationPart 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 StatesNCReportsFiledWithStates

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records Maintained1RecordsMaintained

Recipient Table RecipientTable (22 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEIN Of RecipientEINOfRecipientIRC SectionIRCSectionAmount Of Cash GrantAmountOfCashGrantPurpose Of GrantPurposeOfGrantAmount Of Non Cash AssistanceAmountOfNonCashAssistanceMethod Of ValuationMethodOfValuationDescription Of Non Cash AssistanceDescriptionOfNonCashAssistance
alliance medical ministries
101 Donald Ross DrraleighNC27610562168673501(c)(3)402125medical care
urban ministries of wake county
1390 Capital BoulevardraleighNC27603581422700501(c)(3)174486medical care
raleigh rescue mission inc
po box 27391raleighNC27611566024168501(c)(3)30000Medical Care
American Heart Association
4217 park pl ctglen allenVA23060135613797501(c)(3)5500general support
artsplosure
po box 391raleighNC27602581387567501(c)(3)5000general support
Camp Oak Hill
3824 Barrett Dr 107RaleighNC27609561108825501(c)(3)16455general support
Cary Visual Arts Inc
PO Box 4322CaryNC27519562023686501(c)(3)5000General Support
interact
1012 oberlin rdraleighNC27605581320613501(c)(3)7500general support10900FMV2 Vehicles
interfaith food shuttle
po box 14638raleighNC27620561753180501(c)(3)6000general support
Junior League of Raleigh Inc
PO Box 26821RaleighNC27611560562849501(c)(3)8000General Support
marbles kids museum
201 east harget straleighNC27601581647538501(c)(3)10000general support
march of dimes foundation
6504 falls of the neuse rdraleighNC27615131846366501(c)(3)5000general support
NC Museum of art foundation inc
4630 mail service cntrraleighNC27699237071511501(c)(3)10000general support
nc physicians health program inc
200 horizon dr 218raleighNC27615561846599501(c)(3)12000general support
NC Spinal Cord Injury Association
3701 Spring Forest RdRaleighNC27609510491208501(c)(3)5000general support
ncsu engineering foundation inc
911 Oval DrraleighNC27695566046987501(c)(3)5000education support
SAFE Child
864 W Morgan StRaleighNC27603561817816501(c)(3)5000general support
United Way of the Greater Triangle
PO Box 110387RTPNC27709561949103501(c)(3)34000general support
wake education partnership
706 hillsborough st AraleighNC27603581518182501(c)(3)5000general support
Project Health for Leon
3816 Carnegie LnRaleighNC27612561917546501(c)(3)general support5450FMVMedical Equipment
UNC Center for Public TV
PO Box 14900RTPNC27809Gov't40000education support
Debnam Clinic
524 Blount StRaleighNC27601561977593300000medical care

Form990 Schedule I Part IV Form990ScheduleIPartIV

FieldValueIRS element (for citing)
IdentifierProcedure for Monitoring Grants in the U.S.:Identifier
Return ReferencePart I, Line 2:ReturnReference
ExplanationSchedule 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

FieldValueIRS element (for citing)
Travel For CompanionsXTravelForCompanions
Idemnification Gross Up PaymentsXIdemnificationGrossUpPayments
Written Policy Re T And E Expenses0WrittenPolicyReTAndEExpenses
Substantiation Required1SubstantiationRequired
Compensation CommitteeXCompensationCommittee
Independent ConsultantXIndependentConsultant
Written Employment ContractXWrittenEmploymentContract
Compensation SurveyXCompensationSurvey
Board Or Committee ApprovalXBoardOrCommitteeApproval
Severance Payment1SeverancePayment
Supplemental Nonqual Retire Plan0SupplementalNonqualRetirePlan
Equity Based Comp Arrangement0EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org0CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs0CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org0CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs0CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments1AnyNonFixedPayments
Initial Contract Exception0InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (18 entries)

Base Compensation Filing OrgBaseCompensationFilingOrgComp Based On Related OrgsCompBasedOnRelatedOrgsBonus Filing OrgBonusFilingOrgBonus Related OrgsBonusRelatedOrgsOther Compensation Filing OrgOtherCompensationFilingOrgOther Compensation Related OrgsOtherCompensationRelatedOrgsDeferred Comp Filing OrgDeferredCompFilingOrgDeferred Comp Related OrgsDeferredCompRelatedOrgsNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgNontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgsTotal Compensation Filing OrgTotalCompensationFilingOrgTotal Compensation Related OrgsTotalCompensationRelatedOrgsComp Report Prior990 Filing OrgCompReportPrior990FilingOrgComp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
william k atkinson ii
75869302470701412201262390170370940798000
michael devaughn
343472028375014543012250077290406369000
deborah g friberg
4148640301070156480179430181500496712000
kathleen k gormley
4095780301300156670159250142970485597000
david c coulter
344764075180208210147000189810406784000
mary a wilcox
268576063730157310147000185540323934000
jeanene r martin
243652054600140890183750164840298060000
evin d arledge
26271205123013520159250174600302572000
thomas cavender
229232046950149620159250132650278079000
carolyn knapp
188533039430139890147240167210237910000
BETSY GASKINS-mcclaine
1980670368508250163990137660232742000
Georgia c sumiel
1695050318703550105020122720195821000
derrick miles
144945000506930105990124970218734000
timothy e harris
371288020387704430159250152480606781000
mark l wood
293280026609002720159250178030593370000
johnathan d chappell
23810603022950183014700086230563907000
Gurvinder S Deol
29161902074050735073500186040525713000
Robert D Matthews
3835010862306190159250168770425545000

Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)

Return ReferenceReturnReferenceExplanationExplanation
Part I, Line 1atax 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 7The 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 EINIssuerEINCUSIP NumberCUSIPNumberDate IssuedDateIssuedIssue PriceIssuePriceDescription Of PurposeDescriptionOfPurposeDefeasedDefeasedOn Behalf Of IssuerOnBehalfOfIssuer
nc medical care commission
52130940265821dcr02009-02-10169225082See Schedule O00
nc medical care commission
52130940265821dcs82009-02-2675000000see Schedule O00
nc medical care commission
52130940265821dcw92009-07-1681780000See schedule O00

Form990 Schedule K Part II Form990ScheduleKPartII (3 entries)

Total ProceedsTotalProceedsAmount In Reserve FundAmountInReserveFundAmount UnspentAmountUnspentIssuance Costs From ProceedsIssuanceCostsFromProceedsCapital ExpendituresCapitalExpendituresYear Of Subst CompletionYearOfSubstCompletionCurrent RefundingCurrentRefundingAdvance RefundingAdvanceRefundingFinal Allocation MadeFinalAllocationMadeAdequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind
16980688011946013568437634024815065319320100001
7557028593846378734636506251920100001
8778000085847220101011

Form990 Schedule K Part III Form990ScheduleKPartIII (3 entries)

Owning Bond Financed PropertyOwningBondFinancedPropertyAny Lease ArrangementsAnyLeaseArrangementsMngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprtyAny Research AgreementsAnyResearchAgreementsBond Counsel Routinely EngagedBondCounselRoutinelyEngagedPrcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthersPercentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBITotal Private Business UseTotalPrivateBusinessUsePost Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs
001010.000000.000000.000001
001010.000000.000000.000001
011010.004400.000000.004401

Form990 Schedule K Part IV Form990ScheduleKPartIV (3 entries)

Form8038 T FiledForm8038TFiledVariable Rate IssueVariableRateIssueHedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecdsGross Proceeds Invested In GICGrossProceedsInvestedInGICGross Proceeds InvestedGrossProceedsInvestedException To RebateExceptionToRebate
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010000
010000

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (15 entries)

IdentifierIdentifierExplanationExplanationReturn ReferenceReturnReference
Form 990, Part VI, Section A, line 7a8 members of the board are appointed to the board of directors by wake county.
Form 990, Part VI, Section A, line 7bthe 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 11The 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 12cthe 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 15areview 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 19the 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 servicesDoing 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/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesLegal Domicile StateLegalDomicileStateTotal IncomeTotalIncomeEOY AssetsEOYAssetsDirect Controlling Entity NADirectControllingEntityNA
WAKE ORTHOPEaDICS llc
3009 NEW BERN AVENUERALEIGHNC27610043750760medical officeNC105849274423607N/A
CARDIAC INNOVATIONS llc
3000 NEW BERN AVENUERALEIGHNC27610260554927equipment leasingNC34048151351N/A
wake specialty physicians llc
3009 NEW BERN AVENUErALEIGHNC27610264169156medical officeNC60654871948125N/A
Partners in Practice LLC
3000 New BERN AVENUERALEIGHNC27610271164650Medical officeNC22629822428198N/A
Capital City Surgery Center LLC
3000 NEW BERN AVENUErALEIGHNC27610260804803medical officeNC00N/A

Form990 Schedule R Part II Form990ScheduleRPartII (5 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesLegal Domicile StateLegalDomicileStateExempt Code SectionExemptCodeSectionPublic Charity StatusPublicCharityStatusDirect Controlling Entity NADirectControllingEntityNA
wakemed property services
3000 new bern averaleighNC27610561133894leasingNC501(c)(3)509(a)(3)N/A
wakemed faculty practice plan
3000 new bern averaleighNC27610237169178promote educationalNC501(c)(3)509(a)(3)N/A
the volunteers at cary campus
1900 kildaire farm rdcaryNC27511561798031assistance to patientsNC501(c)(3)509(a)(3)N/A
the volunteers at wakemed raleigh campus
3000 new bern averaleighNC27610560749114assistance to patientsNC501(c)(3)509(a)(3)N/A
wakemed foundation
3000 new bern averaleighNC27610561916549fundraisingNC501(c)(3)509(a)(3)N/A

Form990 Schedule R Part III Form990ScheduleRPartIII (2 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivityPrimaryActivityLegal Domicile StateLegalDomicileStateDirect Controlling Entity NADirectControllingEntityNAPredominant Income TypePredominantIncomeTypeShare Of Total IncomeShareOfTotalIncomeShare Of EOY AssetsShareOfEOYAssetsDisproportionate AllocationsDisproportionateAllocationsGeneral Or Managing PartnerGeneralOrManagingPartner
wake pet services llc
3000 new bern averaleighNC27607263108205eq leasingNCN/Arelated3071959386700
Blue Ridge GP LLC
272241593medicalNCN/Arelated781759688692501
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents Royalties0ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org0GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org0GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org0LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org0SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org0PurchaseOfAssetsFromOtherOrg
Exchange Of Assets0ExchangeOfAssets
Rental Of Facilities To Other Orgs1RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs0RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs0PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs0PerformOfServicesByOtherOrgs
Sharing Of Facilities0SharingOfFacilities
Sharing Of Paid Employees0SharingOfPaidEmployees
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrg
Other Transfer To Other Org1OtherTransferToOtherOrg
Other Transfer From Other Org1OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable (5 entries)

Transaction TypeTransactionTypeAmount InvolvedAmountInvolved
wakemed faculty practice plan
R30304516
wakemed property services
Q2257886
Wakemed property services
I6275788
wakemed foundation
R9213310
wakemed foundation
Q3551300