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Forsyth Memorial Hospital Inc

Novant Health Forsyth Medical Center

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 560928089 ✦ Winston salem, NC ✦ Designated as a 501(c)(3)

Overview

What is Forsyth Memorial Hospital Inc?

Forsyth Memorial Hospital Inc, a part of Novant Health, is a not-for-profit organization based on an integrated network of healthcare facilities. They operate 13 medical centers and have a team of 1,200 physicians spread across 500 locations. Their extensive network also includes numerous outpatient surgery centers, medical plazas, rehabilitation programs, and diagnostic imaging centers. Novant Health is dedicated to providing comprehensive healthcare services to its community.


Official website here: www.novanthealth.org

Is Forsyth Memorial Hospital Inc legitimate?

Forsyth Memorial Hospital Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forsyth Memorial Hospital Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $2,950,427
Professional Fundraising Fees: $0
Other Salaries and Wages: $465,264,504

For more financial information, click here


Official website here: www.novanthealth.org

What is the mission statement of Forsyth Memorial Hospital Inc?

Forsyth Memorial Hospital Inc is a significant component of Novant Health, a not-for-profit health system. This organization comprises 13 medical centers, 1,200 affiliated physicians, and 500 locations, in addition to various outpatient facilities and rehabilitation programs. Novant Health's mission is to deliver comprehensive healthcare services through these facilities and medical professionals. Their aim is to improve patient care and wellbeing, ensuring access to essential medical services for diverse communities. Novant Health's commitment extends beyond medical treatment, encompassing diagnostic imaging and rehabilitation programs.


Official website here: www.novanthealth.org

Who is the CEO of Forsyth Memorial Hospital Inc?

Carl Armato is the Principal Officer of Forsyth Memorial Hospital Inc.


Official website here: www.novanthealth.org

What is the revenue of Forsyth Memorial Hospital Inc?

Forsyth Memorial Hospital Inc's revenue in 2022 was $1,377,864,424.


Official website here: www.novanthealth.org

Who are the executives of Forsyth Memorial Hospital Inc and what are their salaries?

The average compensation at Forsyth Memorial Hospital Inc during 2022 was $58,939. There are 7,944 employees and 256 volunteers at Forsyth Memorial Hospital Inc.

Here are 24 key members and their salaries:

    Fred Hargett (Evp & Cfo)
  • Compensation: $0
  • Related: $2,355,664
  • Other: $61,852

    • Michael Setliff (President Nhfmc & Gwm)
  • Compensation: $1,024,957
  • Related: $0
  • Other: $152,593

    • John Mann (Pres & Coo)
  • Compensation: $979,412
  • Related: $0
  • Other: $160,617

    • Roland Friedman (Urologist)
  • Compensation: $973,165
  • Related: $0
  • Other: $56,134

    • Brandon Craven (Urologist)
  • Compensation: $734,434
  • Related: $222,051
  • Other: $55,937

    • Stanley Fuller (Svp Chief Clinical Officer)
  • Compensation: $790,038
  • Related: $0
  • Other: $142,649

    • Kathleen Elliott (Oncologist)
  • Compensation: $833,763
  • Related: $0
  • Other: $56,134

    • Kirsten Royster (Fmr Pres & Coo Kmc (See Schedule O))
  • Compensation: $689,224
  • Related: $0
  • Other: $94,124

    • Franklin Chen Md (Trustee/Clinical Physician Executive)
  • Compensation: $652,755
  • Related: $0
  • Other: $53,370

    • Ashley Perrott Md (Trustee/Senior Physician Executive)
  • Compensation: $526,679
  • Related: $0
  • Other: $39,903

    • Alisha Hutchens (Coo)
  • Compensation: $448,808
  • Related: $0
  • Other: $51,362

    • Samuel Barefoot (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lari Harding (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Hauser (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Horn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Landry (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Latham (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher Leon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tracey Martin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Owens (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Welton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Imen Clark (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Avery Hall (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Hall (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.novanthealth.org

    Where can I find the form 990 for Forsyth Memorial Hospital Inc?

    The Forsyth Memorial Hospital Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.novanthealth.org

    Learn more at the official website: www.novanthealth.org

    Mission Statement of Forsyth Memorial Hospital Inc

    Forsyth Memorial Hospital Inc, a notable not-for-profit organization, is integrated with Novant Health, encompassing a network of 13 medical centers and 1,200 physicians. The system extends its reach to 500 locations, including numerous outpatient surgery centers, medical plazas, rehabilitation programs, and diagnostic imaging centers. Forsyth Memorial Hospital Inc plays an essential role in this vast network, providing comprehensive healthcare services to its community.

    Novant Health's mission through Forsyth Memorial Hospital Inc is geared towards delivering exceptional patient care. The organization's vast infrastructure includes medical centers, physicians, and specialized facilities, all working in tandem to ensure the wellbeing of those in need. By bringing together various healthcare services under one umbrella, Forsyth Memorial Hospital Inc enables accessible and efficient healthcare for the community it serves.

    Moreover, Forsyth Memorial Hospital Inc's affiliation with Novant Health allows for collaboration and resource-sharing among its healthcare professionals. This integration enables the provision of a broad range of medical services, from routine check-ups to complex surgical procedures. By fostering a collaborative environment, Forsyth Memorial Hospital Inc contributes to the overall improvement of the health and wellbeing of its patients.

    Impact

    This information is meant to be a general summary of Forsyth Memorial Hospital Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Forsyth Memorial Hospital Inc, operating under Novant Health, has a significant impact on the community by providing essential healthcare services through its network of medical centers, physicians, outpatient surgery centers, medical plazas, rehabilitation programs, and diagnostic imaging centers. With a mission to improve the health of the communities it serves, Forsyth Memorial Hospital Inc plays a crucial role in promoting well-being and delivering quality healthcare to residents of Winston-Salem, NC, and surrounding areas. Through its commitment to providing compassionate care and innovative medical services, Forsyth Memorial Hospital Inc contributes to the overall health and vitality of the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $945,729
  • Program Service Revenue: $1,347,574,893
  • Gross Receipts: $1,378,214,906

    • Assets and Liabilities:
  • Total Assets: $2,102,000,445
  • Total Liabilities: $196,380,928
  • Net Assets: $1,905,619,517
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    NET PATIENT REVENUE

    Revenue

    $1,314,490,849

    PHARMACY

    Revenue

    $30,417,311

    PASS-THRU PATIENT REVENUE

    Revenue

    $2,003,354

    VALUE BASED INCENTIVE

    Revenue

    $663,379

    Organization Details

    Founding Year

    1968

    Principal Officer

    Carl Armato

    Main Address

    2085 FRONTIS PLAZA BLVD, WINSTON SALEM, NC, 27103

    NTEE Category

    Code: E22 - Health

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