Lexington Medical Center Foundation Inc

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

EIN: 581876553 ✦ Lexington, NC ✦ Designated as a 501(c)(3)

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Overview

What is Lexington Medical Center Foundation Inc?

Lexington Medical Center Foundation Inc is a charitable organization situated in Lexington, North Carolina. Its primary mission is to support and facilitate the objectives of Lexington Medical Center, operating under the name Atrium Health Wake Forest Baptist Lexington Medical Center. This nonprofit organization strives to promote, educate, and advance charitable, educational, and scientific purposes, thereby benefiting the medical center and its associated objectives. The Foundation does this by operating for its benefit and carrying out its purposes as a not-for-profit corporation that has been granted tax-exempt status under IRC Section 501(c)(3).


Official website here: www.wakehealth.edu/locations/hospitals/lexington-

Is Lexington Medical Center Foundation Inc legitimate?

Lexington Medical Center Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lexington Medical Center Foundation 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.wakehealth.edu/locations/hospitals/lexington-

What is the mission statement of Lexington Medical Center Foundation Inc?

The Lexington Medical Center Foundation Inc. is dedicated to promoting and advancing charitable, educational, and scientific purposes. It accomplishes this by supporting and operating for the benefit of Lexington Medical Center, a not-for-profit organization exempt from federal taxation under IRC Section 501(c)(3). The foundation's primary objective is to carry out the purposes of Lexington Medical Center, contributing to its charitable, educational, and scientific endeavors.


Official website here: www.wakehealth.edu/locations/hospitals/lexington-

Who is the CEO of Lexington Medical Center Foundation Inc?

William B James is the President of Lexington Medical Center Foundation Inc.


Official website here: www.wakehealth.edu/locations/hospitals/lexington-

What is the revenue of Lexington Medical Center Foundation Inc?

Lexington Medical Center Foundation Inc's revenue in 2022 was $92,027.


Official website here: www.wakehealth.edu/locations/hospitals/lexington-

Who are the executives of Lexington Medical Center Foundation Inc and what are their salaries?

There 50 volunteers at Lexington Medical Center Foundation Inc.


Here are 24 key members and their salaries:


Terry Carter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Turlington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Sink (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Timberlake (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Holt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeri W Bowyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Black Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Link (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meredith Andrews (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle O'Bryant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Nuckols (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Delapp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Birke Mcneil (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Twomley Md (Director)
  • Compensation: $0
  • Related: $564,496
  • Other: $19,130
Stacy Vanzant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy Holshouser (Director (Fr 1/1/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
David Huneycutt (Director (Fr 1/1/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Gene Klump (Director (Fr 1/1/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Kay Leonard (Director (Fr 1/1/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Bradley A Clark (Treasurer)
  • Compensation: $1,335,054
  • Related: $0
  • Other: $135,513
William B James (President)
  • Compensation: $0
  • Related: $471,531
  • Other: $90,111
Denise Hege (Secretary)
  • Compensation: $0
  • Related: $72,222
  • Other: $12,519
Danny Squires (Finance Director)
  • Compensation: $0
  • Related: $257,565
  • Other: $38,748


Official website here: www.wakehealth.edu/locations/hospitals/lexington-

Where can I find the form 990 for Lexington Medical Center Foundation Inc?

Lexington Medical Center Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wakehealth.edu/locations/hospitals/lexington-

Learn more at the official website: www.wakehealth.edu/locations/hospitals/lexington-

Mission Statement of Lexington Medical Center Foundation Inc

Lexington Medical Center Foundation Inc, a charitable organization, is dedicated to promoting and advancing educational, scientific, and philanthropic causes. It accomplishes this by supporting and operating in alignment with Lexington Medical Center, a non-profit corporation exempt from federal taxation under IRC Section 501(c)(3). The foundation's role is to further the objectives and purposes of Lexington Medical Center, contributing to its mission of providing top-notch healthcare services. By doing so, Lexington Medical Center Foundation Inc plays a crucial role in advancing the field of medical care and improving the health and well-being of the community it serves.

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Impact




October, 2024

Lexington Medical Center Foundation Inc significantly enhances community health and wellbeing through its commitment to charitable, educational, and scientific initiatives. By supporting Lexington Medical Center, now known as Atrium Health Wake Forest Baptist Lexington Medical Center, the foundation plays a crucial role in advancing healthcare services and resources in the Lexington, NC area.

The foundation fosters programs that improve patient care, promote health education, and contribute to medical research, ultimately leading to better health outcomes for the community. Its efforts ensure the availability of essential services and resources, enabling healthcare professionals to deliver high-quality care. Additionally, by operating with a focus on charitable missions, the foundation addresses health disparities, making healthcare more accessible to residents in need.

Through strategic support and initiatives, Lexington Medical Center Foundation Inc not only uplifts local health services but also cultivates a healthier, more informed community, demonstrating a profound impact on the overall quality of life in Lexington and surrounding areas.




This information is meant to be a general summary of Lexington Medical Center Foundation Inc. 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.

Revenue
$92,027 (2022)
Expenses
$17,781 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $213,746

Assets and Liabilities:

  • Total Assets: $2,009,809
  • Total Liabilities: $0
  • Net Assets: $2,009,809

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Organization Details

Founding Year

1989

Principal Officer

William B James

Main Address

PO BOX 1817 250 HOSPITAL DRIVE, LEXINGTON, NC, 272931817

NTEE Category

Code: E31 - Health

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