Civic Intelligence

High Point Regional Health

EIN 56-0532309 • 501(c)3 • High Point, NC

Profile

To improve health, elevate hope, and advance healing for all.

PO Box Hp-5High Point, NC 27261

www.wakehealth.edu

Siviq Scores

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

Liabilities / Assets

12th percentile

0.11x

Higher debt load relative to assets than 12% of similar nonprofits.

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

Liabilities / Revenue

9th percentile

0.11x

Higher debt load relative to revenue than 9% of similar nonprofits.

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

Net Margin

73rd percentile

8.7%

Higher net margin than 73% of similar nonprofits.

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

Top Officer Pay

71st percentile

$2,933,092

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

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

Asset Growth

71st percentile

13%

Faster asset growth than 71% of similar nonprofits.

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

Revenue Growth

14th percentile

-1.1%

Faster revenue growth than 14% of similar nonprofits.

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

Assets

Up

$487,571,077

Up $56,660,415 (+13%) from 2023

Liabilities

Up

$53,464,022

Up $11,488,745 (+27%) from 2023

Net Assets

Up

$434,107,055

Up $45,171,670 (+12%) from 2023

Revenue

Down

$502,891,625

Down $5,789,049 (-1.1%) from 2023

Expenses

Up

$459,339,365

Up $886,716 (+0.2%) from 2023

Net Income

Down

$43,552,260

Down $6,675,765 (-13%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600M$400M$200M$0Assets 2010: $341,432,654Liabilities 2010: $114,838,404Net Assets 2010: $226,594,2502010Assets 2011: $293,131,896Liabilities 2011: $113,335,392Net Assets 2011: $179,796,5042011Assets 2012: $289,356,792Liabilities 2012: $107,173,002Net Assets 2012: $182,183,7902012Assets 2013: $292,245,893Liabilities 2013: $115,557,178Net Assets 2013: $176,688,7152013Assets 2014: $253,630,584Liabilities 2014: $75,643,891Net Assets 2014: $177,986,6932014Assets 2015: $246,478,947Liabilities 2015: $77,631,813Net Assets 2015: $168,847,1342015Assets 2016: $233,256,068Liabilities 2016: $97,201,590Net Assets 2016: $136,054,4782016Assets 2017: $300,096,978Liabilities 2017: $119,868,262Net Assets 2017: $180,228,7162017Assets 2018: $310,694,700Liabilities 2018: $110,984,891Net Assets 2018: $199,709,8092018Assets 2019: $269,105,408Liabilities 2019: $28,929,857Net Assets 2019: $240,175,5512019Assets 2020: $335,177,553Liabilities 2020: $67,991,547Net Assets 2020: $267,186,0062020Assets 2021: $385,737,494Liabilities 2021: $62,519,501Net Assets 2021: $323,217,9932021Assets 2022: $379,672,940Liabilities 2022: $41,270,843Net Assets 2022: $338,402,0972022Assets 2023: $430,910,662Liabilities 2023: $41,975,277Net Assets 2023: $388,935,3852023Assets 2024: $487,571,077Liabilities 2024: $53,464,022Net Assets 2024: $434,107,0552024

Highlighted filing

2024

Assets$487,571,077
Liabilities$53,464,022
Net Assets$434,107,055

Operations Trend

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

$600M$400M$200M$0-$200MExpenses 2010: $280,581,1562010Expenses 2011: $276,972,1802011Expenses 2012: $267,701,6582012Revenue 2013: $235,195,978Expenses 2013: $254,163,158Net Income 2013: -$18,967,1802013Revenue 2014: $219,124,288Expenses 2014: $213,897,756Net Income 2014: $5,226,5322014Revenue 2015: $271,424,008Expenses 2015: $264,007,766Net Income 2015: $7,416,2422015Revenue 2016: $283,782,505Expenses 2016: $295,049,127Net Income 2016: -$11,266,6222016Revenue 2017: $293,111,730Expenses 2017: $284,695,729Net Income 2017: $8,416,0012017Revenue 2018: $275,984,314Expenses 2018: $255,657,722Net Income 2018: $20,326,5922018Revenue 2019: $382,787,877Expenses 2019: $363,385,255Net Income 2019: $19,402,6222019Revenue 2020: $393,125,771Expenses 2020: $366,414,634Net Income 2020: $26,711,1372020Revenue 2021: $211,648,387Expenses 2021: $203,980,018Net Income 2021: $7,668,3692021Revenue 2022: $437,740,981Expenses 2022: $418,445,215Net Income 2022: $19,295,7662022Revenue 2023: $508,680,674Expenses 2023: $458,452,649Net Income 2023: $50,228,0252023Revenue 2024: $502,891,625Expenses 2024: $459,339,365Net Income 2024: $43,552,2602024

Highlighted filing

2024

Revenue$502,891,625
Expenses$459,339,365
Net Income$43,552,260

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$488$53.5$434$503$459$43.6
2023Detailed filing. Detailed filing data is available for this year.$431$42.0$389$509$458$50.2
2022Detailed filing. Detailed filing data is available for this year.$380$41.3$338$438$418$19.3
2021Detailed filing. Detailed filing data is available for this year.$386$62.5$323$212$204$7.67
2020Detailed filing. Detailed filing data is available for this year.$335$68.0$267$393$366$26.7
2019Detailed filing. Detailed filing data is available for this year.$269$28.9$240$383$363$19.4
2018Detailed filing. Detailed filing data is available for this year.$311$111$200$276$256$20.3
2017Detailed filing. Detailed filing data is available for this year.$300$120$180$293$285$8.42
2016Detailed filing. Detailed filing data is available for this year.$233$97.2$136$284$295$11.3
2015Detailed filing. Detailed filing data is available for this year.$246$77.6$169$271$264$7.42
2014Summary only. Only limited summary data is available for this year.$254$75.6$178$219$214$5.23
2013Summary only. Only limited summary data is available for this year.$292$116$177$235$254$19.0
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$289$107$182$268
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$293$113$180$277
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$341$115$227$281
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.2
Gross Receipts
$502,891,625
Mission and Program Overview

Mission

High point regional health (dba high point medical center, at times also referred to as the "hospital or "hpmc or "the filing organization") is part of wake forest baptist health (at times also referred to as "wfbh"), a preeminent learning health system and academic medical center of the highest quality with balanced excellence in patient care, research and education that promotes better health for all through collaboration, excellence and innovation. Wfbh's mission is to improve the health of our region, state and nation by: generating and translating knowledge to prevent, diagnose and treat disease; training leaders in health care and biomedical science; and serving as the premier health system in our region, with specific centers of excellence recognized as national and international care destinations.

To improve health, elevate hope, and advance healing for all.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$184,448,127$189,246,303▲ $4,798,176
Accounts Receivable$59,380,869$60,020,749▲ $639,880
Investments in Publicly Traded Securities$12,407,465$14,926,950▲ $2,519,485
Investments Program Related$8,451,347$8,647,160▲ $195,813
Inventories for Sale or Use$6,775,017$6,755,005▼ $20,012
Prepaid Expenses and Deferred Charges$481,420$248,540▼ $232,880
Investments Other Securities$100,001$100,001→ $0
Cash and Non-Interest-Bearing Accounts$8,915,540$13,649▼ $8,901,891
Total Assets$430,910,662$487,571,077▲ $56,660,415
Other Assets Total$149,950,876$207,612,720▲ $57,661,844
Liabilities
Accounts Payable and Accrued Expenses$30,026,335$34,338,943▲ $4,312,608
Other Liabilities$10,140,059$9,627,732▼ $512,327
Deferred Revenue$1,616,029$9,497,347▲ $7,881,318
Mortgage Notes Payable Secured by Investment Property$192,854--
Total Liabilities$41,975,277$53,464,022▲ $11,488,745
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$386,266,225$431,013,820▲ $44,747,595
Net Assets With Donor Restrictions$2,669,160$3,093,235▲ $424,075
Total Net Assets Fund Balance$388,935,385$434,107,055▲ $45,171,670
Total Liabilities and Net Assets / Fund Balance$430,910,662$487,571,077▲ $56,660,415

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$128,919,760$44,803,764$173,723,524
Equipment$25,120,541$42,785,392$67,905,933
Other Land Buildings$20,743,768$0$20,743,768
Land$13,980,000-$13,980,000
Leasehold Improvements$482,234$563,780$1,046,014
Other Assets Org$201,064,832--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$15,341,503$3,691--$15,345,194
2023$15,341,398$105--$15,341,503
2022$15,437,032--$95,634$15,341,398
2021$15,353,177$83,855--$15,437,032
2020$15,036,110$317,067--$15,353,177
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Bradley a ClarkTreasurer-$1,697,429$1,235,663$2,933,092
James Hoekstra MdDirector, PresidentFT$615,504$489,034$1,104,538

Board Members and Trustees

NameTitle
Rev Frank ThomasChair
Brack BrigmanVice Chair
Amy SmithDirector
Bernard Chinnasami MdDirector
Braden CovingtonDirector
David Fisher MdDirector
David Zaas MdDirector
Don WebbDirector
Gurney Sparky StroudDirector
Jerry CampDirector
Joseph BlosserDirector
Julie DelgaudioDirector
Ken SmithDirector
Matthew Edwards MdDirector
Michael T WaidDirector
Royster Tucker IiiDirector
Steven Rhorbeck MdDirector
Tasha Logan FordDirector
Deborah Harding DnpDirector (to 7/31/24)
Leigh FritzDirector Pharmacy Operations
Danny SquiresFinance Director
Paula CorreaCh Nursing Off
David JonesClinical Instructor Crna
Lawrence Williams MdCMO (to 8/1/24)
Stephanie ParkerMedical Physicist
Mark Arredondo MdPhysician
J Mclain Wallace JrSecretary
Kevin SmithVP, COO Hprmc

Highest Paid Contractors

ContractorServicesLocationCompensation
Aramark Services INCFacility Management ServicesPO BOX 978839, Dallas, TX 75397$9,720,843
Aya Healthcare INCContract Healthcare ServicesPO BOX 123519 DEPT 3519, Dallas, TX 75312$6,425,786
Carolina Anesthesiology PaContract Healthcare ServicesPO BOX 2324, High Point, NC 27261$5,663,215
CplArchitectural Services255 WOODCLIFF DR STE 200, Fairport, NY 14450$3,481,328
Health Carousel LLCStaffing ServicesPO BOX 714216, Cincinnati, OH 45271$3,402,171
Revenue and Support

Revenue Composition

Contributions and Grants
$3,829,267
Program Service Revenue
$494,377,107
Investment Income
$2,194,357
Other Revenue
$2,490,894
Change in Net Assets
$43,552,260
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$259,526,933
Salaries, Compensation, and Employee Benefits$199,354,249
Grants and Similar Amounts Paid$458,183
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$147,715,044$10,998,261-$158,713,305
Fees for Services Other$43,935,254$7,988,094-$51,923,348
Other Employee Benefits$21,766,394$1,620,637-$23,387,031
Occupancy$17,055,744$1,668,550-$18,724,294
Depreciation Depletion$14,492,918$1,794,610-$16,287,528
Payroll Taxes$8,893,609$662,182-$9,555,791
Pension Plan Contributions$5,533,429$411,997-$5,945,426
Other Expenses$4,151,926$406,180-$4,558,106
Current Officers, Directors, Trustees, and Key Employees$876,348$876,348-$1,752,696
Office Expenses$1,217,123$119,152-$1,336,275
Grants to Domestic Orgs$384,475--$384,475
Information Technology$333,010$32,578-$365,588
Insurance$238,359$23,318-$261,677
Travel$104,642$10,237-$114,879
Grants to Domestic Individuals$73,708--$73,708
Fees for Service Investment Mgmnt Fees$26,097$13,993-$40,090
Fees for Services Lobbying$30,406--$30,406
Conferences and Meetings$25,459$2,491-$27,950
Interest$1,098$589-$1,687
Advertising$205$20-$225
Total Functional Expenses$432,710,128$26,629,237$0$459,339,365
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Community Clinic of High Point IncHigh Point, NC501(c)(3)Assist Low-income Community With Access to Appropriate Health Care Needs$350,000
High Point Chamber of CommerceHigh Point, NC501(c)(6)Community Investment$20,000
United Way of Greater High PointHigh Point, NC501(c)(3)Community Support$11,700
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
Operating Lease Liability$6,381,206
Other Reserves$3,246,526
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
Yes
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The sole member of the organization is wake forest university baptist medical center, a north carolina nonprofit corporation.

Form 990, Part VI, Section A, Line 7A

As provided in the organization's bylaws, the sole member of the organization shall have the right at all times, with respect to the organization and its affiliate, to nominate, appoint, and remove individual members of the corporation's board of directors, as well as corporate officers.

Form 990, Part VI, Section A, Line 7B

As provided in the organization's bylaws, the sole member of the organization shall have the right at all times, with respect to the organization, to approve of the sale, lease, or transfer of all or substantially all of the assets of the organization, to approve any amendments to the organization's articles or bylaws, and to approve the mission, vision and value statements of the organization. The sole member may act without a meeting.

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

The filing organization's board of directors receive copies of the form 990 with sufficient time to permit review, comment, and questions prior to its filing. If modifications are required following such review and comment, the revised form 990 is redistributed to all directors prior to its filing with the irs, along with a report noting the modifications.

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

The organization requires its officers, directors and key employees to annually review the conflict of interest policy and determine any potential conflicts of interest. Any potential conflicts noted in the questionnaire are reviewed by a standing committee for appropriate resolution. All members of the board of directors are required to determine and report annually, and as they arise, any potential conflicts of interest to the secretary of the board of directors. The resolution of potential and actual conflicts is subject to the approval of the chair of the board.

Form 990, Part VI, Section B, Line 15

The filing organization does not pay compensation to directors for their effort devoted to the organization. Certain officers and directors are employed by a related organization, wake forest university baptist medical center (wfubmc) and unrelated but affiliated organizations, wake forest university health sciences (wfuhs) and charlotte mecklenburg hospital authority (cmha) and the determination of the compensation of such individuals is conducted via the process utilized by the wfubmc board, as follows: the advocate health compensation and benefits committee ("the committee") of the advocate health, inc. Board of directors ("the board") has authority as the board delegates to it, for the review and approval of executive compensation. The committee relies upon an external, independent compensation consultant retained directly by the committee to provide third-party compensation comparability data for evaluating the competitiveness and reasonableness of executive compensation and benefits programs relative to market practices for similarly situated healthcare organizations. In evaluating compensation, the committee follows corporate governance best practice such as adherence to the company's executive compensation philosophy and review processes; processes to ensure committee member and compensation consultant independence; data from healthcare organizations of comparable size, structure, and complexity; and establishment of the rebuttable presumption of reasonableness, per irs guidelines. Minutes of the deliberations of the committee are maintained in the advocate health, inc. Legal department.

Form 990, Part VI, Section C, Line 19

The organization's articles of incorporation are available to the public on request and are available on the website of the north carolina secretary of state. The organization's bylaws are not published, but provisions from the bylaws are included as necessary in the organization's policies, and are attached to the form 1023 filed for the organization with the irs, which is publicly available. The conflict of interest policy and financial statements are available to the public on request.

Filing and Contact Details

Filer

Filer Name
High Point Regional Health
EIN
56-0532309
Phone
3367164445
Address
PO BOX HP-5, HIGH POINT, NC 27261
Doing Business As
Atrium Health Wake Forest Baptist High Point Medical Center

Signing Officer

Name
Bradley a Clark
Title
Treasurer
Phone
3367164445
Signed
2025-11-12

Organization Details

Principal Officer
James Hoekstra Md
Formed
1933
Legal Domicile
Nc
Voting Board Members
19
Independent Board Members
14
Employees
0
Volunteers
74
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

High point regional health (dba atrium health wake forest baptist high point medical center, at times also referred to as the "hospital or "ahwfb-hpmc or "the filing organization") is an integral part of atrium health wake forest baptist (ahwfb), a preeminent learning health system and academic medical center of the highest quality with balanced excellence in patient care, research, and education that promotes better health for all through collaboration, excellence, and innovation. Ahwfb's mission is to improve health, elevate hope, and advance healing for all. Ahwfb's vision is to be the first and best choice for care.

Form 990, Part III, Line 4A

The organization operates a 351-bed acute care hospital providing medical, emergency, and outpatient care services to the residents of guilford county, north carolina and surrounding areas. Atrium health wake forest baptist high point medical center's (ahwfb-hpmc) services include heart/vascular health, genetic counseling, women's health, joint replacement, pulmonary & critical care, hematology/oncology, gynecologic oncology, radiation oncology, imaging, rehabilitation, behavioral health, pediatrics, and many others. The organization serves as a satellite provider of atrium health wake forest baptist (ahwfb) specialty services and is accredited by the joint commission on accreditation of healthcare organizations and has committed to serving the healthcare needs of guilford county since 1904. During calendar year 2024, the hospital facility had 69,023 patient days, including 15,571 admissions, and 51,456 emergency department visits. The organization provides numerous resources, activities, and programs to serve the health needs of its community. These programs include: -besthealth - a community wellness outreach program of ahwfb offers health seminars, screenings, cooking and fitness classes, online health resources, and a membership program with special benefits. Seminars led by experts from ahwfb provide the latest information about a variety of health topics in talks held at convenient locations throughout the community. Membership benefits include free health screenings, wellness challenges, discounts to participating local merchants, e-newsletters, and priority notification of events and programs. -faithhealthnc - an initiative that connects the caring strengths of congregations, the clinical expertise of providers, and a network of community resources to ease those on the journey to health and healing while strengthening communities in the process. There are faithhealth connectors in guilford county that serve marginalized populations and give voice to health disparities in the communities surrounding the medical center. -athletic trainers - certified athletic trainers (atc), provided by ahwfb, work full-time in public high schools in guilford county that have athletic programs. The atc's work with student athletes and their coaches to help keep the athletes safe and healthy and to treat and help rehabilitate sports-related injuries. -millis health education center - a health education facility specifically designed to give children a hands-on approach to health education. The center is devoted to helping school students, church groups, local organizations, and individuals learn about the human body and how to keep themselves healthy. Programs provided by the center's staff cover topics such as nutrition and physical activity, general health, puberty, bullying prevention, substance use/abuse prevention, and dental health all in a hands-on, age-appropriate way. -hayworth cancer center - part of atrium health wake forest baptist comprehensive care center, the cancer center offers resources designed to help cancer survivors cope with physical, emotional, social, spiritual, and financial challenges. A variety of support groups welcome current patients and those who have completed treatment and are in recovery. The hospital sponsors an annual cancer survivors' day celebration featuring educational offerings and presentations by cancer survivors each summer. The center offers a variety of oncology fitness and wellness programs to provide tools for cancer patients to navigate their journey. Cancerfitt, a 12-week supervise program, provides group exercise opportunities designed specifically for cancer patients and provides opportunity for regular physical activity for a productive healthy survivorship. Women's wellness sessions, open to any cancer patient or survivor, offer cooking and exercise demonstrations along with fitness and nutrition education. The after breast cancer exercise/education class teaches breast cancer survivo

Form 990, Part IX, Line 11G

Other professional fees: program service expenses 43,935,254. Management and general expenses 7,988,094. Fundraising expenses 0. Total expenses 51,923,348.

Financial Statement Notes

PART V, LINE 4:

The hospital's endowment funds are used to provide support for education, scholarships, indigent care, and other departmental funding.

PART X, LINE 2:

The organization has evaluated uncertain tax positions for its calendar years ended december 31, 2024 and 2023, including a quantification of tax risk in areas such as unrelated business taxable income and the taxation of its joint ventures. This evaluation did not have a material effect on the organization's financial statements for calendar years ended december 31, 2024 and 2023.

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