Overview
What is Davie Medical Center?
Davie Medical Center in Mocksville, North Carolina, is a long-standing healthcare institution that caters to the health requirements of Davie County and its surrounding areas, having served the community since 1956. Originally known as Davie County Hospital, it joined Wake Forest Baptist Health in 2007. With a mission to enhance overall health, instill hope, and promote healing for all, Davie Medical Center continues its legacy of commitment and dedication to the well-being of the people it serves.
Official website here: www.wakehealth.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Davie Medical Center holds a strong Four-Star rating from Charity Navigator, reflecting its high level of accountability and financial performance. The organization achieved a perfect score in several areas, including its independent board composition and financial oversight, indicating a robust governance structure and effective management practices. This excellent score is based entirely on its accountability and finance metrics, demonstrating a commitment to transparency and responsible financial stewardship.
The center also excels in maintaining a low liabilities to assets ratio, which stands at 30.60%, suggesting a stable financial position. Additionally, with a program expense ratio of 93.86%, Davie Medical Center demonstrates a focus on spending the vast majority of its resources on programs rather than administrative costs. These factors contribute to its positive reputation within the nonprofit sector.
There are no significant limitations noted in the data, which further underscores the organization's strengths in governance and financial health. Overall, Davie Medical Center appears to be a well-managed nonprofit dedicated to fulfilling its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Davie Medical Center legitimate?
Davie Medical Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Davie Medical Center 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $282,706
Professional Fundraising Fees: $0
Other Salaries and Wages: $29,372,757
For more financial information, click here
Official website here: www.wakehealth.edu
What is the mission statement of Davie Medical Center?
Davie Medical Center is dedicated to enhancing the health and well-being of individuals in their community. Their mission is threefold: to improve health, elevate hope, and advance healing for all. Since its establishment in 1956, the medical center has been serving the health needs of its region. It joined Wake Forest Baptist Health in 2007, further expanding its capabilities and resources. Through various medical services and treatments, Davie Medical Center aims to promote health and instill hope in those it serves, ultimately advancing the healing process.
Official website here: www.wakehealth.edu
Who is the CEO of Davie Medical Center?
Chad Brown is the President of Davie Medical Center.
Official website here: www.wakehealth.edu
What is the revenue of Davie Medical Center?
Davie Medical Center's revenue in 2022 was $123,555,917.
Official website here: www.wakehealth.edu
Who are the executives of Davie Medical Center and what are their salaries?
There 138 volunteers at Davie Medical Center.
Here are 24 key members and their salaries:
- Compensation: $0
- Related: $435,790
- Other: $85,090
- Compensation: $0
- Related: $806,565
- Other: $142,283
- Compensation: $0
- Related: $536,280
- Other: $118,218
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $1,335,054
- Related: $0
- Other: $135,513
- Compensation: $0
- Related: $984,139
- Other: $159,721
- Compensation: $0
- Related: $472,429
- Other: $90,373
- Compensation: $0
- Related: $243,007
- Other: $34,454
- Compensation: $0
- Related: $137,245
- Other: $16,568
- Compensation: $0
- Related: $159,287
- Other: $37,251
- Compensation: $0
- Related: $135,811
- Other: $16,230
- Compensation: $0
- Related: $148,113
- Other: $30,454
- Compensation: $0
- Related: $133,333
- Other: $16,193
Official website here: www.wakehealth.edu
Where can I find the form 990 for Davie Medical Center?
Davie Medical Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wakehealth.edu
Learn more at the official website: www.wakehealth.edu
Mission Statement of Davie Medical Center
Davie Medical Center, a esteemed institution, has been dedicated to enhancing health, instilling hope, and fostering healing for all since its inception in 1956. Originally recognized as Davie County Hospital, this nonprofit organization joined forces with Wake Forest Baptist Health in 2007.
Nestled in the heart of Davie County and its surrounding communities, Davie Medical Center has been a beacon for healthcare services for over six decades. With a deep-rooted commitment to the wellbeing of its clientele, this medical center has become an integral part of the region's health infrastructure. The mission of Davie Medical Center is multifaceted: it aims to improve the overall health of the population, inspire hope through compassionate care, and promote healing that goes beyond just physical ailments.
The legacy of Davie Medical Center spans back to 1956, when it was established as a local hospital catering to the health needs of Davie County. Over the years, it has evolved into a reputable healthcare provider that is now an integral part of the Wake Forest Baptist Health network. The organization's unwavering dedication to improving health, instilling hope, and advancing healing for all is a testament to its enduring commitment to the community it serves.
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Impact
October, 2024
Davie Medical Center has significantly impacted the health landscape of Davie County and surrounding areas since 1956. By focusing on improving health, elevating hope, and advancing healing for all, the center has become a cornerstone of community wellness. Its integration into Wake Forest Baptist Health in 2007 expanded its capabilities and resources, allowing it to offer more comprehensive healthcare services.
In a community where access to quality healthcare is paramount, Davie Medical Center addresses various health needs, providing essential services and promoting better health outcomes. Its commitment to the well-being of residents fosters a healthier population, enhances overall community resilience, and supports local economic stability through job creation and associated health services. By continually evolving to meet the changing healthcare needs of the population, Davie Medical Center stands as a vital institution dedicated to the health and vitality of its community.
This information is meant to be a general summary of Davie Medical Center. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $155,114
- Program Service Revenue: $122,863,938
- Gross Receipts: $123,555,917
Assets and Liabilities:
- Total Assets: $200,496,290
- Total Liabilities: $61,366,694
- Net Assets: $139,129,596
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICE REVENUE
Revenue
$122,732,702
DIETARY REVENUE
Revenue
$131,236
Organization Details
Founding Year
2001
Phone
(336) 716-4445Principal Officer
Chad Brown
Main Address
329 NC HWY 801N, BERMUDA RUN, NC, 27006
Website
www.wakehealth.eduNTEE Category
Code: E20 - Health
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