Overview
What is Wrmc Hospital Operating Corporation?
Wrmc Hospital Operating Corporation, also known as Wilkes Regional Medical Center, is a nonprofit organization dedicated to the health and wellbeing of residents in Wilkes County and surrounding areas. Established with the mission to provide comprehensive, high-quality, and cost-effective healthcare, they aim to improve overall health, instill hope, and foster healing for all. Their efforts are geared towards addressing the medical needs of the community with a strong commitment to excellence.
Official website here: www.wakehealth.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Stars)
Wrmc Hospital Operating Corporation has earned an overall score of 88%, reflecting a strong emphasis on accountability and financial management. This rating highlights the organization's commitment to transparency, as demonstrated by its comprehensive financial reporting and a clear conflict of interest policy. The accountability and finance score indicates that the majority of the nonprofit's practices are aligned with best practices in governance and financial oversight.
One of the strengths of Wrmc lies in its financial health, with a program expense ratio of 92.71%, indicating that a high percentage of expenses are directed towards its programs rather than administrative costs. Additionally, the organization has received full points for its audit and oversight committee, which suggests a robust approach to financial integrity. The inclusion of a whistleblower policy and document retention practices further enhances its credibility and accountability.
However, the organization has room for improvement regarding board independence, with only 37% of board members being independent. This could affect the diversity of perspectives in decision-making and governance. Despite this, the overall assessment indicates that Wrmc Hospital Operating Corporation is managing its resources effectively while maintaining a solid commitment to accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Wrmc Hospital Operating Corporation legitimate?
Wrmc Hospital Operating Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wrmc Hospital Operating Corporation 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: $645,349
Professional Fundraising Fees: $0
Other Salaries and Wages: $41,506,239
For more financial information, click here
Official website here: www.wakehealth.edu
What is the mission statement of Wrmc Hospital Operating Corporation?
Wrmc Hospital Operating Corporation is dedicated to enhancing health, instilling hope, and fostering healing for all. Established with the primary objective of caring for the sick and injured, the corporation strives to offer top-tier, comprehensive, and cost-effective healthcare services to communities beyond Wilkes County. Their mission is to provide high-quality healthcare that caters to the diverse needs of individuals, ensuring they receive effective and efficient treatment. The corporation's ultimate goal is to contribute significantly to the overall well-being of the patients under their care.
Official website here: www.wakehealth.edu
Who is the CEO of Wrmc Hospital Operating Corporation?
Chad Brown is the Board Member, President of Wrmc Hospital Operating Corporation.
Official website here: www.wakehealth.edu
What is the revenue of Wrmc Hospital Operating Corporation?
Wrmc Hospital Operating Corporation's revenue in 2022 was $122,914,632.
Official website here: www.wakehealth.edu
Who are the executives of Wrmc Hospital Operating Corporation and what are their salaries?
There 67 volunteers at Wrmc Hospital Operating Corporation.
Here are 17 key members and their salaries:
- Compensation: $0
- Related: $806,565
- Other: $142,283
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $536,280
- Other: $118,218
- Compensation: $0
- Related: $435,790
- Other: $85,090
- Compensation: $0
- Related: $472,429
- Other: $90,373
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $526,927
- Other: $96,105
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $1,335,054
- Related: $0
- Other: $135,513
- Compensation: $0
- Related: $984,139
- Other: $159,721
- Compensation: $0
- Related: $243,007
- Other: $34,454
- Compensation: $0
- Related: $49,588
- Other: $28,545
- Compensation: $0
- Related: $233,730
- Other: $43,710
- Compensation: $0
- Related: $276,993
- Other: $50,085
- Compensation: $0
- Related: $300,651
- Other: $48,140
- Compensation: $0
- Related: $238,074
- Other: $19,766
- Compensation: $0
- Related: $245,240
- Other: $46,351
Official website here: www.wakehealth.edu
Where can I find the form 990 for Wrmc Hospital Operating Corporation?
Wrmc Hospital Operating Corporation'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 Wrmc Hospital Operating Corporation
Wrmc Hospital Operating Corporation, with a mission to improve health, elevate hope, and advance healing for all, was established with the commitment to provide comprehensive, high-quality healthcare to the people of Wilkes County and surrounding areas. This nonprofit organization strives to deliver healthcare services that are not only effective but also cost-efficient, making it an essential resource for the community.
At the heart of Wrmc Hospital Operating Corporation's mission lies the dedication to care for the sick and injured. With a focus on quality and affordability, the organization goes above and beyond to ensure that those in need have access to the medical attention they require. The team at Wrmc is driven by the belief that every person deserves the best possible healthcare, regardless of their circumstances.
Wrmc Hospital Operating Corporation's mission is a testament to its unwavering commitment to the community it serves. Through its efforts, it has become a beacon of hope and healing for countless individuals, providing them with the care and support they need to overcome their health challenges. The organization's mission is more than just a promise; it is a call to action, a reminder that every life matters and that everyone deserves access to quality healthcare.
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Impact
October, 2024
Wrmc Hospital Operating Corporation plays a vital role in enhancing health outcomes and quality of life for the residents of Wilkes County and surrounding areas. By providing comprehensive, high-quality, and cost-effective healthcare services, it addresses the needs of the sick and injured, ensuring that essential medical care is accessible to the community. The organization's commitment to improving health, elevating hope, and advancing healing fosters a supportive environment where patients can receive the necessary treatment and support they require. Through its services, Wrmc Hospital Operating Corporation significantly contributes to the overall well-being of the population, reinforcing the importance of community health initiatives and resources.
This information is meant to be a general summary of Wrmc Hospital Operating Corporation. 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: $177,190
- Program Service Revenue: $120,864,066
- Gross Receipts: $122,914,632
Assets and Liabilities:
- Total Assets: $127,948,159
- Total Liabilities: $62,102,344
- Net Assets: $65,845,815
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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
$120,583,418
DIETARY REVENUE
Revenue
$280,648
Organization Details
Founding Year
1996
Phone
(336) 716-4445Principal Officer
Chad Brown
Main Address
PO BOX 609, NORTH WILKESBORO, NC, 28659
Website
www.wakehealth.eduNTEE Category
Code: E20 - Health
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