EIN 56-1376950

Novant Health

IRS 501(c) type
501(c)(3)
Num. employees
17,447
Year formed
1997
Most recent tax filings
2022-12-01
Description
Novant Health exists to improve the health of their communities, one person at a time.
Also known as...
NH New Hanover Regional Medical Center; NH Charlotte Orthopedic Hospital; NH Thomasville Medical Center; NH Brunswick Medical Center
Total revenues
$3,193,826,783
2022
Total expenses
$3,217,545,790
2022
Total assets
$8,958,963,272
2022
Num. employees
17,447
2022

Program areas at Novant Health

Novant Health, Inc. is the parent hospital organization of a not-for-profit integrated group of hospitals, physician clinics, outpatient centers, and other healthcare service providers (collectively known as "Novant Health"). Novant Health consists of over 1,800 physicians and over 35,000 team members who make healthcare remarkable at more than 800 locations, including 15 medical centers and hundreds of outpatient facilities and physician clinics. Headquartered in winston-salem, nc, Novant Health is committed to making healthcare remarkable for patients and communities.
The holding company for Novant's ambulatory services, presbyterian ambulatory holdings, llc, is a single member llc held by Novant Health southern piedmont region, llc, a single member llc in which Novant Health is the sole member. The ambulatory centers' operations serve the community by providing access to much needed healthcare services, regardless of the patient's ability to pay. During 2022, there were 158,592 outpatient encounters.
Brunswick community hospital, llc dba Novant Health brunswick medical center, Novant Health mint hill medical center, llc, Novant Health thomasville medical center, llc, Novant Health rowan medical center, llc, and Novant Health new hanover regional medical center, llc exist to promote the Health of the inhabitants of the brunswick, mecklenburg, davidson, rowan, and new hanover counties of nc respectively, regardless of the patient's ability to pay. During 2022, the hospitals had 1,324 licensed beds. There were 328,181 patient days, with an average length of stay of 6 days, and an average daily census of 622. There were 57,286 discharges, 766,826 inpatient and outpatient encounters, and 273,594 emergency department visits.

Grants made by Novant Health

GranteeGrant descriptionAmount
Unc Health FoundationCommunity Outreach$15,450,000
Novant Health Rowan Medical Center FoundationTo Support NH Rowan Regional Medical Center$1,519,539
The Winston-Salem FoundationCommunity Outreach$340,000
...and 55 more grants made totalling $18,476,022

Who funds Novant Health

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Novant Health Rowan Medical Center FoundationTo Support Novant Health Hospitals$891,852
Novant Health Brunswick Medical Center FoundationTo Support Novant Health Hospitals$599,713
TW Forsyth Memorial Hospital KBRGeneral Operating$253,588
...and 9 more grants received

Personnel at Novant Health

NameTitleCompensation
Carl ArmatoPresident and Chief Executive Officer$4,888,618
Molina ServedChief Executive Officer
Applebaum JonathanPresident and Chief Operating Officer NHTMC$490,086
Greear AllisonPresident and Chief Operating Officer NHMHMC$449,742
Jeffery T. LindsayExecutive Vice President and Chief Operating Officer$2,431,801
...and 49 more key personnel

Financials for Novant Health

RevenuesFYE 12/2022
Total grants, contributions, etc.$14,461,643
Program services$3,032,648,679
Investment income and dividends$58,372,482
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$6,596,374
Net gain from sale of non-inventory assets$26,077,571
Net income from fundraising events$2,616
Net income from gaming activities$0
Net income from sales of inventory$32,395
Miscellaneous revenues$55,635,023
Total revenues$3,193,826,783

Form 990s for Novant Health

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-02-26990View PDF
2018-122020-01-30990View PDF
...and 9 more Form 990s

Organizations like Novant Health

OrganizationLocationRevenue
CoxHealthSpringfield, MO$1,579,841,659
Wake Forest University Health SciencesWinstonsalem, NC$1,216,917,552
Texas Health Resources (THR)Arlington, TX$1,108,069,206
Houston MethodistHouston, TX$2,895,491,123
Dignity HealthSan Francisco, CA$9,491,913,368
Baylor Scott & White HealthDallas, TX$1,225,874,416
Inspira Medical CentersBridgeton, NJ$987,250,922
Dignity Community CareSan Francisco, CA$3,472,975,957
Allina HealthMinneapolis, MN$5,162,065,945
Hackensack Meridian Health -subordinates (HMH)Edison, NJ$6,674,422,433
Data update history
January 24, 2024
Updated personnel
Identified 13 new personnel
January 17, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 3, 2024
Used new vendors
Identified 1 new vendor, including
December 26, 2023
Received grants
Identified 6 new grant, including a grant for $67,083 from Novant Health Presbyterian Medical Center Foundation
August 6, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
HospitalsHealth organizationsHeadquarter / parent organizations
Issues
HealthMedical disciplines
Characteristics
Political advocacyLobbyingFundraising eventsOperates internationallyState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsTax deductible donations
General information
Address
2085 Frontis Plaza Blvd
Winston Salem, NC 27103
Metro area
Winston-Salem, NC
County
Forsyth County, NC
Website URL
novanthealth.org/locations/medical-centers/forsyth-medical-center/ 
Phone
(336) 718-5600
IRS details
EIN
56-1376950
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1997
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E21: Community Health Systems
NAICS code, primary
622: Hospitals
Parent/child status
Central organization
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