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Caromont Health

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

EIN: 581636959 ✦ Gastonia, NC ✦ Designated as a 501(c)(3)

Overview

What is Caromont Health?

Caromont Health is a North Carolina-based healthcare system with a compassionate approach to patient care. They are committed to investing in the future of healthcare through research and education, being an active community partner, and continually improving their services. With a workforce of 13 dedicated individuals, Caromont Health delivers exceptional and reliable care to their community. Their emphasis on compassion ensures that patients receive top-notch attention, making them a trusted healthcare partner. The organization's fiscal year ending June 30, 2022, marked significant progress towards their mission. To learn more about their community impact, please refer to their annual report on their website.


Official website here: www.caromont.org

Is Caromont Health legitimate?

Caromont Health is a legitimate nonprofit organization registered as a 501(c)(3) entity. Caromont Health 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $860,343

For more financial information, click here


Official website here: www.caromont.org

What is the mission statement of Caromont Health?

Caromont Health is dedicated to providing compassionate, exceptional, and highly reliable care. This mission is underpinned by the organization's commitment to investing in healthcare research and education, acting as an active community partner promoting healthier lifestyles, and fostering a culture of continuous improvement, advanced medicine, and exceptional patient care. The fiscal year ending June 30, 2022, marked Caromont Health's achievement of being the most trusted healthcare partner in the community. For further details, please refer to the 2021 Community Benefit Report available at CaromontHealth.org.


Official website here: www.caromont.org

Who is the CEO of Caromont Health?

David O'Connor is the Chair of Caromont Health. The CEO's salary of Caromont Health is $0 and their total compensation is $1,745,670.


Official website here: www.caromont.org

What is the revenue of Caromont Health?

Caromont Health's revenue in 2022 was $61,469,914.


Official website here: www.caromont.org

Who are the executives of Caromont Health and what are their salaries?

The average compensation at Caromont Health during 2022 was $66,180. There are 13 employees at Caromont Health.

Here are 24 key members and their salaries (Caromont Health's CEO's salary is $0 and their total compensation is $1,745,670):

    Mr K Christopher Peek (Ceo)
  • Compensation: $0
  • Related: $1,491,823
  • Other: $253,847

    • Mr David O'Connor (Evp/Cfo/Asst. Treasurer)
  • Compensation: $0
  • Related: $816,772
  • Other: $147,842

    • Dr Health High (Chief-Of-Staff Elect (Begin 1/1/22) [Trustee/Director]
  • Compensation: $0
  • Related: $621,849
  • Other: $39,368

    • Ms Leigh Hickman (Vp/Clo/Asst. Sec)
  • Compensation: $0
  • Related: $440,881
  • Other: $82,961

    • Drjay Hendler (Chief-Of-Staff (Begin 1/1/22)) [Trustee/Director]
  • Compensation: $0
  • Related: $468,258
  • Other: $29,004

    • Dr Otis Cosby (Physician)
  • Compensation: $169,423
  • Related: $0
  • Other: $17,866

    • Ms Larie Carthen (Nurse Practitioner)
  • Compensation: $100,034
  • Related: $0
  • Other: $23,628

    • Revpearl Burris-Floyd (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $106,553
  • Other: $0

    • Dr Micheal Gaslin (Chief-Of-Staff (Through 12/31/21)) [Trustee/Director]
  • Compensation: $0
  • Related: $27,500
  • Other: $0

    • Dr Eric Emerson (Past-Chief-Of-Staff (Non-Voting) Through 12/31/202) [Trustee/Director]
  • Compensation: $0
  • Related: $21,333
  • Other: $0

    • Mr Bob Hovis ((Commissioner Liason)) [Trustee/Director]
  • Compensation: $0
  • Related: $19,872
  • Other: $0

    • Mr David Payseur (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Jeffrey Cash (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Barry Pomeroy (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Joseph Davis Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr William Anthony (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ms Annette Carter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ms Janie Peak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Frank Stewart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Donnie Loftis (Director (Through 11/10/21))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Timothy Efird (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Revbenjamin Hinton (Director (Begin 1/1/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Jason Austell (Director (Begin 2/28/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Timothy Conner (Director (Through 12/31/21))
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.caromont.org

    Where can I find the form 990 for Caromont Health?

    The Caromont Health’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.caromont.org

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

    Mission Statement of Caromont Health

    Caromont Health is a healthcare system committed to delivering compassionate, exceptional, and highly reliable care. This mission is rooted in three distinct aspects. Firstly, Caromont Health invests in the future of healthcare, encompassing research and education. Secondly, it is an active community partner, promoting healthier lifestyles through various programs. Lastly, it is a forward-thinking organization, focused on continuous daily improvement and the delivery of advanced medicine.

    Caromont Health's philosophy of care extends beyond the hospital walls. It invests in the future of healthcare by engaging in research and education. This commitment is evident in its dedication to providing a vibrant learning environment for the next generation of healthcare professionals. Additionally, it collaborates with academic institutions, fostering groundbreaking discoveries that contribute to the betterment of healthcare.

    As a dedicated community partner, Caromont Health supports and drives initiatives that encourage healthier lifestyles. It collaborates with local organizations to offer programs that promote wellness, prevention, and education. These initiatives aim to empower individuals and families to take control of their health and wellbeing, ultimately contributing to the overall health and vitality of the community.

    Moreover, Caromont Health is a dynamic organization that strives for continuous daily improvement. It embraces advanced medicine and technology to deliver exceptional care. Its dedicated team of healthcare professionals is devoted to providing compassionate care, ensuring that each patient receives individual attention and care tailored to their unique needs.

    The fiscal year ending June 30, 2022, marked a significant milestone for Caromont Health as it lived up to its vision of being the most trusted healthcare partner in the community. For more information on its community benefit report, visit the Caromont Health website.

    Impact

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




    Thursday, August 15, 2024

    Caromont Health's impact is seen in its provision of compassionate, exceptional, and highly reliable care to the community. Through its philosophy founded on investing in the future of healthcare, being an active community partner, and maintaining a focus on continuous improvement and advanced medicine, Caromont Health contributes significantly to the well-being of individuals in Gastonia, NC. Its commitment to being the community's most trusted healthcare partner is evident in its dedication to delivering quality care and supporting programs that promote healthier lifestyles.





    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: $59,668,778
  • Program Service Revenue: $1,798,805
  • Gross Receipts: $61,469,914

    • Assets and Liabilities:
  • Total Assets: $832,406,138
  • Total Liabilities: $10,474,397
  • Net Assets: $821,931,741
  • Programs

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

    PATIENT SERVICE REVENUE

    Revenue

    $1,284,068

    GAIN ON INV. IN STLC

    Revenue

    $488,132

    GAIN ON INV. IN MRISC

    Revenue

    $26,605

    Organization Details

    Founding Year

    1984

    Principal Officer

    David O'Connor

    Main Address

    2525 COURT DRIVE PO BOX 1747, GASTONIA, NC, 280531747

    NTEE Category

    Code: E21 - Health

    If you are a representative of Caromont Health and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.