Civic Intelligence

Wayne Health Physicians

EIN 26-4291056 • 501(c)3 • Goldsboro, NC

Profile

The mission of wayne health physicians is to provide the community quality healthcare services through the compassionate hands of well-trained staff in a technologically advanced, cost-effective manner.

2700 Wayne Memorial DriveGoldsboro, NC 27534

www.wayneunc.org/ABOUT-US/PHYSICIAN-NETWORK

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE E60 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2024

Top Officer Pay

99th percentile

$413,466

Higher top officer pay than 99% of similar nonprofits.

NTEE E60 • <$500k nonprofits • Source year 2024

Asset Growth

48th percentile

-1.8%

Faster asset growth than 48% of similar nonprofits.

NTEE E60 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Assets

Down

$428,380

Down $7,744 (-1.8%) from 2023

Liabilities

Down

$0

Down $274 (-100%) from 2023

Net Assets

Down

$428,380

Down $7,470 (-1.7%) from 2023

Revenue

Flat

$0

Flat from 2023

Expenses

Down

$7,470

Down $10,334 (-58%) from 2023

Net Income

Up

-$7,470

Up $10,334 (+58%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$50M$0-$50MAssets 2010: $556,159Liabilities 2010: $1,746,987Net Assets 2010: -$1,190,8282010Assets 2011: $1,388,491Liabilities 2011: $4,150,797Net Assets 2011: -$2,762,3062011Assets 2012: $3,902,113Liabilities 2012: $10,460,585Net Assets 2012: -$6,558,4722012Assets 2013: $3,918,414Liabilities 2013: $15,432,214Net Assets 2013: -$11,513,8002013Assets 2014: $3,838,493Liabilities 2014: $21,439,000Net Assets 2014: -$17,600,5072014Assets 2015: $4,530,219Liabilities 2015: $29,344,736Net Assets 2015: -$24,814,5172015Assets 2017: $5,959,438Liabilities 2017: $46,961,140Net Assets 2017: -$41,001,7022017Assets 2018: $962,139Liabilities 2018: $340,956Net Assets 2018: $621,1832018Assets 2019: $652,051Liabilities 2019: $146,820Net Assets 2019: $505,2312019Assets 2020: $623,951Liabilities 2020: $45,801Net Assets 2020: $578,1502020Assets 2021: $570,630Liabilities 2021: $0Net Assets 2021: $570,6302021Assets 2022: $453,662Liabilities 2022: $8Net Assets 2022: $453,6542022Assets 2023: $436,124Liabilities 2023: $274Net Assets 2023: $435,8502023Assets 2024: $428,380Liabilities 2024: $0Net Assets 2024: $428,3802024

Highlighted filing

2024

Assets$428,380
Liabilities$0
Net Assets$428,380

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10M-$20MExpenses 2010: $1,525,8032010Expenses 2011: $3,330,0872011Expenses 2012: $11,027,1502012Expenses 2013: $15,674,1572013Revenue 2014: $13,639,257Expenses 2014: $19,725,964Net Income 2014: -$6,086,7072014Revenue 2015: $15,211,457Expenses 2015: $22,425,467Net Income 2015: -$7,214,0102015Revenue 2017: $15,406,557Expenses 2017: $26,171,020Net Income 2017: -$10,764,4632017Revenue 2018: $3,221,417Expenses 2018: $7,357,431Net Income 2018: -$4,136,0142018Revenue 2019: $81,396Expenses 2019: $74,569Net Income 2019: $6,8272019Revenue 2020: $14,961Expenses 2020: $41,860Net Income 2020: -$26,8992020Revenue 2021: -$28,624Expenses 2021: $2,758Net Income 2021: -$31,3822021Revenue 2022: $2,980Expenses 2022: $21,018Net Income 2022: -$18,0382022Revenue 2023: $0Expenses 2023: $17,804Net Income 2023: -$17,8042023Revenue 2024: $0Expenses 2024: $7,470Net Income 2024: -$7,4702024

Highlighted filing

2024

Revenue$0
Expenses$7,470
Net Income-$7,470

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$0.00$0.01$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$0.00$0.02$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.45$0.00$0.45$0.00$0.02$0.02
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.00$0.57$0.03$0.00$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.62$0.05$0.58$0.01$0.04$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.65$0.15$0.51$0.08$0.07$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.96$0.34$0.62$3.22$7.36$4.14
2017Detailed filing. Detailed filing data is available for this year.$5.96$47.0$41.0$15.4$26.2$10.8
2015Detailed filing. Detailed filing data is available for this year.$4.53$29.3$24.8$15.2$22.4$7.21
2014Detailed filing. Detailed filing data is available for this year.$3.84$21.4$17.6$13.6$19.7$6.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.92$15.4$11.5$15.7
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.90$10.5$6.56$11.0
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.39$4.15$2.76$3.33
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$1.75$1.19$1.53
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 30, 2025
Return Version
2023v6.0
Gross Receipts
$0
Mission and Program Overview

Mission

The mission of wayne health physicians is to provide the community quality healthcare services through the compassionate hands of well-trained staff in a technologically advanced, cost-effective manner.

To provide the community quality healthcare services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$448,811$428,380▼ $20,431
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Accounts Receivable$-12,687$0▲ $12,687
Total Assets$436,124$428,380▼ $7,744
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$274$0▼ $274
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$274$0▼ $274
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$435,850$428,380▼ $7,470
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$435,850$428,380▼ $7,470
Total Liabilities and Net Assets / Fund Balance$436,124$428,380▼ $7,744

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$393,593$217,497$611,090
Equipment$31,612$65,466$97,078
Other Land Buildings$3,175$12,095$15,270
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jessie L Tucker IiiChief Executive Officer
William ThomaSr. VP of Finance
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-7,470
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,470
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$20,431--$20,431
Other Expenses$-12,961--$-12,961
Total Functional Expenses$7,470$0$0$7,470
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, SECTION B, LINE 11B:

Board members of the wayne health corporation (the parent company) are provided a copy of form 990 along with the associated schedules to review before filing.

FORM 990, PART VI, SECTION B, LINE 12C:

All personnel are responsible for adhering to the corporate compliance plan. This plan requires personnel to disclose conflicts as they arise. Voting members of the governing body are recused from voting when a conflict arises.

FORM 990, PART VI, SECTION B, LINE 15B:

Unc health care systems reviews management compensation, and compares it to other hospitals with similar characteristics.

FORM 990, PART VI, SECTION C, LINE 19:

These documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Wayne Health Physicians
EIN
26-4291056
In Care Of
% WILLIAM THOMA
Phone
9197316142
Address
2700 WAYNE MEMORIAL DRIVE, Goldsboro, NC 27534

Signing Officer

Name
William Thoma
Title
CFO
Phone
9197316142
Signed
2025-04-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jessie L Tucker Iii CEO
Formed
2009
Legal Domicile
Nc
Voting Board Members
1
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Bdo USA
Address
421 Fayetteville Street Suite 300, Raleigh, NC 27601
Preparer
Sandra L Feinsmith
Phone
9192781936
Supplemental Narrative

Financial Statement Notes

SCHEDULE D, PART X, LINE 2:

The following footnote comes from the consolidated financial statements of wayne health corporation. The footnote references other members of the audit consolidated group that are not part of this tax return: whc, wmh, whf, whp, and the foundation are nonprofit corporations and have been recognized as tax-exempt pursuant to section 501(c)(3) of the internal revenue code. Wayne mri is a limited liability company with the hospital as the majority member (66.7%). The corporation adopted the provisions of the income tax standard that clarifies the accounting for uncertainty in income taxes recognized in an organization's financial statements. This guidance prescribes recognition and measurement of tax positions taken or expected to be taken on a tax return that are not certain to be realized. The corporation has determined that there are no uncertain tax positions as of june 30, 2024.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOLLOWING FOOTNOTE COMES FROM THE CONSOLIDATED FINANCIAL STATEMENTS OF WAYNE HEALTH CORPORATION. THE FOOTNOTE REFERENCES OTHER MEMBERS OF THE AUDIT CONSOLIDATED GROUP THAT ARE NOT PART OF THIS TAX RETURN: WHC, WMH, WHF, WHP, AND THE FOUNDATION ARE NONPROFIT CORPORATIONS AND HAVE BEEN RECOGNIZED AS TAX-EXEMPT PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. WAYNE MRI IS A LIMITED LIABILITY COMPANY WITH THE HOSPITAL AS THE MAJORITY MEMBER (66.7%). THE CORPORATION ADOPTED THE PROVISIONS OF THE INCOME TAX STANDARD THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS. THIS GUIDANCE PRESCRIBES RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE CORPORATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2024.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PART X, LINE 2:
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt07618
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0WILLIAM THOMA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0SR. VP OF FINANCE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0413466
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IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE RELATED ORGANIZATION (UNCHCS) REVIEWS COMPENSATION OF THE CFO. ALL DIRECTORS AND TEAMMATES SALARIES ARE REVIEWED ANNUALLY FOR MARKET ADJUSTMENTS NEEDED BY AN EXTERNAL CONSULTANT, USING LOCAL AND NATIONAL BENCHMARKS.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J, PART I, LINE 3:
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD MEMBERS OF THE WAYNE HEALTH CORPORATION (THE PARENT COMPANY) ARE PROVIDED A COPY OF FORM 990 ALONG WITH THE ASSOCIATED SCHEDULES TO REVIEW BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL PERSONNEL ARE RESPONSIBLE FOR ADHERING TO THE CORPORATE COMPLIANCE PLAN. THIS PLAN REQUIRES PERSONNEL TO DISCLOSE CONFLICTS AS THEY ARISE. VOTING MEMBERS OF THE GOVERNING BODY ARE RECUSED FROM VOTING WHEN A CONFLICT ARISES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNC HEALTH CARE SYSTEMS REVIEWS MANAGEMENT COMPENSATION, AND COMPARES IT TO OTHER HOSPITALS WITH SIMILAR CHARACTERISTICS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THESE DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19:
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt3WHC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0WAYNE HEALTH CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1WAYNE MEMORIAL HOSPITAL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2WAYNE HEALTH FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3WAYNE MEMORIAL HOSPITAL FOUNDATION
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3814132398
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd3NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PARENT CMPNY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1HOSPITAL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2HEALTHCARE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3SUPPORT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 12A, I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt2LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt3LINE 12A, I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02700 WAYNE MEMORIAL DRIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt12700 WAYNE MEMORIAL DRIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt22700 WAYNE MEMORIAL DRIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt32700 WAYNE MEMORIAL DRIVE
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1GOLDSBORO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2GOLDSBORO
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd3NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd027534
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd127534
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd227534
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd327534
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