Civic Intelligence

Blue Ridge Healthcare Hospitals Inc

EIN 56-0529976 • 501(c)3 • Morganton, NC

Profile

Blue ridge healthcare hospitals, inc. Is committed to improving the health of our communities by providing excellent and compassionate care.

2201 South Sterling StreetMorganton, NC 28655

www.unchealthblueridge.org

Siviq Scores

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

Liabilities / Assets

16th percentile

0.21x

Higher debt load relative to assets than 16% of similar nonprofits.

NTEE E • $250M-$1B nonprofits • Source year 2024

Liabilities / Revenue

44th percentile

0.45x

Higher debt load relative to revenue than 44% of similar nonprofits.

NTEE E • $250M-$1B nonprofits • Source year 2024

Net Margin

85th percentile

14%

Higher net margin than 85% of similar nonprofits.

NTEE E • $250M-$1B nonprofits • Source year 2024

Top Officer Pay

17th percentile

$958,346

Higher top officer pay than 17% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

NTEE E • $250M-$1B nonprofits • Source year 2024

Asset Growth

49th percentile

6.4%

Faster asset growth than 49% of similar nonprofits.

NTEE E • $250M-$1B nonprofits • Annualized from 2023 to 2024

Revenue Growth

53rd percentile

9.1%

Faster revenue growth than 53% of similar nonprofits.

NTEE E • $250M-$1B nonprofits • Annualized from 2023 to 2024

Assets

Up

$723,539,639

Up $43,446,715 (+6.4%) from 2023

Liabilities

Down

$148,804,091

Down $15,345,601 (-9.3%) from 2023

Net Assets

Up

$574,735,548

Up $58,792,316 (+11%) from 2023

Revenue

Up

$333,978,983

Up $27,873,436 (+9.1%) from 2023

Expenses

Up

$288,507,047

Up $15,058,887 (+5.5%) from 2023

Net Income

Up

$45,471,936

Up $12,814,549 (+39%) from 2023

Trend Graphs

Balance Sheet Trend

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

$800M$600M$400M$200M$0Assets 2010: $198,574,101Liabilities 2010: $69,545,712Net Assets 2010: $129,028,3892010Assets 2011: $196,282,646Liabilities 2011: $67,311,417Net Assets 2011: $128,971,2292011Assets 2012: $288,893,362Liabilities 2012: $104,792,558Net Assets 2012: $184,100,8042012Assets 2013: $322,936,560Liabilities 2013: $106,095,045Net Assets 2013: $216,841,5152013Assets 2014: $346,609,498Liabilities 2014: $100,919,772Net Assets 2014: $245,689,7262014Assets 2015: $370,599,561Liabilities 2015: $97,890,109Net Assets 2015: $272,709,4522015Assets 2016: $402,659,252Liabilities 2016: $98,402,727Net Assets 2016: $304,256,5252016Assets 2017: $441,793,646Liabilities 2017: $95,794,480Net Assets 2017: $345,999,1662017Assets 2018: $448,326,918Liabilities 2018: $92,305,096Net Assets 2018: $356,021,8222018Assets 2019: $511,745,501Liabilities 2019: $92,147,582Net Assets 2019: $419,597,9192019Assets 2020: $599,735,243Liabilities 2020: $120,481,454Net Assets 2020: $479,253,7892020Assets 2021: $630,339,590Liabilities 2021: $118,127,579Net Assets 2021: $512,212,0112021Assets 2022: $628,906,384Liabilities 2022: $150,952,386Net Assets 2022: $477,953,9982022Assets 2023: $680,092,924Liabilities 2023: $164,149,692Net Assets 2023: $515,943,2322023Assets 2024: $723,539,639Liabilities 2024: $148,804,091Net Assets 2024: $574,735,5482024

Highlighted filing

2024

Assets$723,539,639
Liabilities$148,804,091
Net Assets$574,735,548

Operations Trend

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

$400M$300M$200M$100M$0Expenses 2010: $109,175,3612010Expenses 2011: $115,577,3222011Revenue 2012: $128,006,614Expenses 2012: $114,873,504Net Income 2012: $13,133,1102012Revenue 2013: $209,159,038Expenses 2013: $174,483,289Net Income 2013: $34,675,7492013Revenue 2014: $212,945,743Expenses 2014: $183,349,644Net Income 2014: $29,596,0992014Revenue 2015: $226,002,403Expenses 2015: $190,020,005Net Income 2015: $35,982,3982015Revenue 2016: $224,543,160Expenses 2016: $197,386,010Net Income 2016: $27,157,1502016Revenue 2017: $227,408,855Expenses 2017: $201,355,106Net Income 2017: $26,053,7492017Revenue 2018: $236,527,642Expenses 2018: $204,112,819Net Income 2018: $32,414,8232018Revenue 2019: $253,053,871Expenses 2019: $205,945,336Net Income 2019: $47,108,5352019Revenue 2020: $246,155,885Expenses 2020: $204,145,999Net Income 2020: $42,009,8862020Revenue 2021: $269,831,847Expenses 2021: $242,369,504Net Income 2021: $27,462,3432021Revenue 2022: $131,849,845Expenses 2022: $124,787,634Net Income 2022: $7,062,2112022Revenue 2023: $306,105,547Expenses 2023: $273,448,160Net Income 2023: $32,657,3872023Revenue 2024: $333,978,983Expenses 2024: $288,507,047Net Income 2024: $45,471,9362024

Highlighted filing

2024

Revenue$333,978,983
Expenses$288,507,047
Net Income$45,471,936

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$724$149$575$334$289$45.5
2023Detailed filing. Detailed filing data is available for this year.$680$164$516$306$273$32.7
2022Detailed filing. Detailed filing data is available for this year.$629$151$478$132$125$7.06
2021Detailed filing. Detailed filing data is available for this year.$630$118$512$270$242$27.5
2020Detailed filing. Detailed filing data is available for this year.$600$120$479$246$204$42.0
2019Detailed filing. Detailed filing data is available for this year.$512$92.1$420$253$206$47.1
2018Detailed filing. Detailed filing data is available for this year.$448$92.3$356$237$204$32.4
2017Detailed filing. Detailed filing data is available for this year.$442$95.8$346$227$201$26.1
2016Detailed filing. Detailed filing data is available for this year.$403$98.4$304$225$197$27.2
2015Detailed filing. Detailed filing data is available for this year.$371$97.9$273$226$190$36.0
2014Detailed filing. Detailed filing data is available for this year.$347$101$246$213$183$29.6
2013Detailed filing. Detailed filing data is available for this year.$323$106$217$209$174$34.7
2012Summary only. Only limited summary data is available for this year.$289$105$184$128$115$13.1
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$196$67.3$129$116
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$199$69.5$129$109
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 1, 2025
Return Version
2023v6.0
Gross Receipts
$365,278,253
Mission and Program Overview

Mission

Blue ridge healthcare hospitals, inc. Is committed to improving the health of our communities by providing excellent and compassionate care.

Improving the health of our communities by providing excellent and compassionate care.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$197,537,625$261,996,982▲ $64,459,357
Investments Other Securities$42,901,571$38,753,477▼ $4,148,094
Accounts Receivable$43,542,754$34,344,459▼ $9,198,295
Cash and Non-Interest-Bearing Accounts$2,528,213$16,939,410▲ $14,411,197
Prepaid Expenses and Deferred Charges$5,842,031$5,291,202▼ $550,829
Savings and Temporary Cash Investments$4,960,025$5,008,984▲ $48,959
Inventories for Sale or Use$4,004,945$4,112,368▲ $107,423
Intangible Assets$3,860,000$3,860,000→ $0
Total Assets$680,092,924$723,539,639▲ $43,446,715
Other Assets Total$374,915,760$353,232,757▼ $21,683,003
Liabilities
Tax Exempt Bond Liabilities$111,206,644$108,656,710▼ $2,549,934
Accounts Payable and Accrued Expenses$37,247,464$36,756,517▼ $490,947
Other Liabilities$15,695,584$2,953,364▼ $12,742,220
Deferred Revenue$0$437,500▲ $437,500
Total Liabilities$164,149,692$148,804,091▼ $15,345,601
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$515,903,749$574,696,065▲ $58,792,316
Net Assets With Donor Restrictions$39,483$39,483→ $0
Total Net Assets Fund Balance$515,943,232$574,735,548▲ $58,792,316
Total Liabilities and Net Assets / Fund Balance$680,092,924$723,539,639▲ $43,446,715

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$69,376,769$117,002,896$186,379,665
Other Land Buildings$170,819,766$5,995,107$176,814,873
Equipment$18,865,255$83,244,757$102,110,012
Land$2,907,371-$2,907,371
Leasehold Improvements$27,821$656,367$684,188
Other Assets Org$1,508,154--
Other Securities$38,753,477--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kathy BaileyPresident & CEOFT$645,998$312,348$958,346
Anthony FrankCMO - Med Affairs & Med Staff SvcsFT$360,227$229,165$589,392
Jon MercerSr. VP Operations/COOFT$323,866$162,702$486,568
Thomas EureChief Legal Officer - SVP Corporate ServicesFT$395,155$50,834$445,989
Thomas EureChief Legal Officer - SVP Corporate-$276,420$169,569$445,989
Patricia MollCFOFT$276,079$169,668$445,747
Andrew ThomasChief Ambulatory Officer - VP Med GpFT$254,904$112,563$367,467
Barry NelsonChief Nursing OfficerFT$232,823$116,726$349,549
Mark PittmanChief Human Resources OfficerFT$217,608$117,297$334,905
Amanda TaylorExec. Director Oncology and Pharmacy SvcsFT$228,917$20,764$249,681
Amanda TaylorExec. Director Oncology and Pharmacy Svc-$202,736$46,945$249,681
Alexandria PowellManager - PharmacyFT$166,175$43,687$209,862
Jonathan HuffmanExec. Director of RehabFT$147,909$53,900$201,809
Jill RyanExec. Director of QualityFT$161,281$34,448$195,729
Beth MillerExec. Director Revenue CycleFT$151,437$36,311$187,748

Board Members and Trustees

NameTitle
Jeff CarswellChairman (thru 1/24)
J Michael BridgesPast Chair
Jim RostanSecretary (thru 1/2024)/vice Chair
M H MccraryVice Chair (thru 1/24)/chair
Amy Jackson-kincaidBoard Member
Andrew Brant MdBoard Member
Gandhari Loomis DoBoard Member
Kevin BaxterBoard Member
Tea YangBoard Member
Susan HaireSecretary (as of 1/2024)
David BennettTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,774,711
Program Service Revenue
$326,036,657
Investment Income
$5,832,593
Other Revenue
$335,022
All Other Contributions
$1,774,711
Change in Net Assets
$45,471,936
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$148,976,904
Other Expenses$139,233,625
Grants and Similar Amounts Paid$296,518
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$107,682,284$16,090,456-$123,772,740
Fees for Services Other$37,174,755$9,293,689-$46,468,444
Depreciation Depletion$16,653,476--$16,653,476
Other Employee Benefits$14,371,176$2,147,417-$16,518,593
Payroll Taxes$5,902,525$881,986-$6,784,511
Occupancy$3,698,493--$3,698,493
Insurance-$2,235,398-$2,235,398
Pension Plan Contributions$1,653,922$247,138-$1,901,060
All Other Expenses$1,043,858$447,367-$1,491,225
Office Expenses-$907,250-$907,250
Fees for Services Legal-$694,044-$694,044
Other Expenses$464,348--$464,348
Fees for Services Accounting-$437,066-$437,066
Advertising-$411,091-$411,091
Fees for Service Investment Mgmnt Fees-$384,351-$384,351
Travel$307,257--$307,257
Grants to Domestic Orgs$296,518--$296,518
Information Technology-$1,071-$1,071
Interest$-2,014,232--$-2,014,232
Total Functional Expenses$254,328,723$34,178,324$0$288,507,047
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Learfield Communications LLCPlano, TXOtherApp State Sponsorship$124,092
Good Samaritan ClinicMorganton, NC501(c)(3)Mckesson Drug Purchases$33,027
City of MorgantonMorganton, NC115General Support$31,409
Hickory CrawdadsHickory, NCOtherGeneral Support$25,000
Blue Ridge Health FoundationMorganton, NC501(c)(3)General Support$23,000
American Heart AssociationDallas, TX501(c)(3)General Support$15,000
Burke County United WayMorganton, NC501(c)(3)General Support$10,000
Ymca of Western NcAsheville, NC501(c)(3)General Support$10,000
Burke County Chamber of CommerceMorganton, NC501(c)(6)General Support$9,740
American Cancer SocietyAtlanta, GA501(c)(3)General Support$5,250
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Financing Lease Liability$1,804,205
Operating Lease Liability$1,149,159
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
Yes
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

In 2021, the organization entered into a management services contract with unc health. The terms of the contract call for the organization to pay unc health an annual management fee based upon the organization's net operating revenues.

Form 990, Part VI, Section B, Line 11B

The chief financial officer, the board and the executive committee will review the prepared form 990 before it is filed with the irs. A draft of form 990 was posted for access by the governing body before it was filed with the irs.

Form 990, Part VI, Section B, Line 12C

Corporate counsel, who reviews all annual conflict of interest disclosures, is present at every board meeting to ensure that any potential conflicts are appropriately handled by members abstaining from votes as appropriate.

Form 990, Part VI, Section B, Line 15

The organization's compensation committee reviewed and approved the compensation package during the fiscal year ending june 30, 2024.

Form 990, Part VI, Section C, Line 19

By-laws are available upon request through corporate counsel. Articles of incorporation are filed with nc state and are available on their website. Financial statements are available upon request.

Part VII

Description of hours -- for related organizations, officers listed on part vii work an average of 40 to 50 hours per week. Their time is shared between the filing organization and other related entities listed on schedule r.

Filing and Contact Details

Filer

Filer Name
Blue Ridge Healthcare Hospitals Inc
EIN
56-0529976
Phone
8285805000
Address
2201 SOUTH STERLING STREET, MORGANTON, NC 28655

Signing Officer

Name
Patricia a Moll
Title
Chief Financial Officer
Phone
8285805000
Signed
2025-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gary Paxson
Formed
1906
Legal Domicile
Nc
Voting Board Members
11
Independent Board Members
10
Employees
1,935
Volunteers
68

Preparer

Firm
Cliftonlarsonallen Llp
Address
227 WEST TRADE STREET SUITE 800, CHARLOTTE, NC 28202
Preparer
Katherine a Warlick
Phone
7049985200
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other: program service expenses 37,174,755. Management and general expenses 9,293,689. Fundraising expenses 0. Total expenses 46,468,444.

Form 990, Part XII, Line 2C

No changes for approving audited financial statements or selection of independent accountants have occurred from the prior year.

Financial Statement Notes

PART X, LINE 2:

The filing organization is a tax-exempt organization as defined in section 501(c)(3) of the internal revenue code. The filing organization's income tax returns are subject to review and examination by federal and state authorities. The filing organization is not aware of any activities that would jeopardize its tax-exempt status. The filing organization adopted the income tax standard for uncertain tax positions. This standard clarifies the accounting for uncertainty in income taxes recognized in an organization's financial statements in accordance with the income tax standard. This standard prescribes recognition and measurement of tax positions taken or expected to be taken on a tax return that are not certain to be realized. This standard had no impact on the filing organization's financial statements for the years ended june 30, 2024 or june 30, 2023.

Raw XML AppendixShowing 400 of 1,400 raw XML fields

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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IRS990/Form990PartVIISectionAGrp/PersonNm3SUSAN HAIRE
IRS990/Form990PartVIISectionAGrp/PersonNm4DAVID BENNETT
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IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt14CHIEF NURSING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt15CMO - MED AFFAIRS & MED STAFF SVCS
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IRS990/Form990PartVIISectionAGrp/TitleTxt22EXEC. DIRECTOR OF REHAB
IRS990/Form990PartVIISectionAGrp/TitleTxt23EXEC. DIR. REVENUE CYCLE
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