Civic Intelligence

Grace Nursing Center Inc

EIN 56-1838369 • 501(c)3 • Morganton, NC

Profile

Grace nursing center is committed to improving the health of our communities by providing excellent and compassionate care.

109 Foothills DriveMorganton, NC 28655

www.blueridgehealth.org

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

Higher debt load relative to assets than 18% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

19th percentile

0.00x

Higher debt load relative to revenue than 19% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

98th percentile

91%

Higher net margin than 98% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

67th percentile

11%

Faster asset growth than 67% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

5th percentile

-50%

Faster revenue growth than 5% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$3,653,637

Up $665,547 (+22%) from 2023

Liabilities

Up

$31

Up $3 (+11%) from 2023

Net Assets

Up

$3,653,606

Up $665,544 (+22%) from 2023

Revenue

Down

$738,917

Down $27,583 (-3.6%) from 2023

Expenses

Up

$73,373

Up $4,083 (+5.9%) from 2023

Net Income

Down

$665,544

Down $31,666 (-4.5%) from 2023

Trend Graphs

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $2,790,771Liabilities 2010: $615,166Net Assets 2010: $2,175,6052010Assets 2011: $3,127,236Liabilities 2011: $687,933Net Assets 2011: $2,439,3032011Assets 2012: $3,378,720Liabilities 2012: $663,398Net Assets 2012: $2,715,3222012Assets 2013: $3,695,080Liabilities 2013: $693,472Net Assets 2013: $3,001,6082013Assets 2014: $3,151,102Liabilities 2014: $662,908Net Assets 2014: $2,488,1942014Assets 2015: $2,855,419Liabilities 2015: $563,312Net Assets 2015: $2,292,1072015Assets 2016: $2,020,260Liabilities 2016: $691,836Net Assets 2016: $1,328,4242016Assets 2017: $1,901,909Liabilities 2017: $655,303Net Assets 2017: $1,246,6062017Assets 2018: $1,734,762Liabilities 2018: $667,843Net Assets 2018: $1,066,9192018Assets 2019: $682,609Liabilities 2019: -$5,528Net Assets 2019: $688,1372019Assets 2020: $1,261,749Liabilities 2020: $63Net Assets 2020: $1,261,6862020Assets 2021: $2,065,348Liabilities 2021: $124,624Net Assets 2021: $1,940,7242021Assets 2022: $2,290,877Liabilities 2022: $25Net Assets 2022: $2,290,8522022Assets 2023: $2,988,090Liabilities 2023: $28Net Assets 2023: $2,988,0622023Assets 2024: $3,653,637Liabilities 2024: $31Net Assets 2024: $3,653,6062024

Highlighted filing

2024

Assets$3,653,637
Liabilities$31
Net Assets$3,653,606

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $7,682,2102010Expenses 2011: $7,839,7032011Expenses 2012: $8,034,4352012Revenue 2013: $8,691,428Expenses 2013: $8,405,194Net Income 2013: $286,2342013Revenue 2014: $8,337,957Expenses 2014: $8,851,627Net Income 2014: -$513,6702014Revenue 2015: $8,526,949Expenses 2015: $8,723,118Net Income 2015: -$196,1692015Revenue 2016: $7,633,847Expenses 2016: $8,597,610Net Income 2016: -$963,7632016Revenue 2017: $8,397,063Expenses 2017: $8,478,890Net Income 2017: -$81,8272017Revenue 2018: $8,274,964Expenses 2018: $8,462,327Net Income 2018: -$187,3632018Revenue 2019: $4,742,467Expenses 2019: $5,107,930Net Income 2019: -$365,4632019Revenue 2020: $774,145Expenses 2020: $200,596Net Income 2020: $573,5492020Revenue 2021: $768,895Expenses 2021: $89,857Net Income 2021: $679,0382021Revenue 2022: $383,250Expenses 2022: $33,122Net Income 2022: $350,1282022Revenue 2023: $766,500Expenses 2023: $69,290Net Income 2023: $697,2102023Revenue 2024: $738,917Expenses 2024: $73,373Net Income 2024: $665,5442024

Highlighted filing

2024

Revenue$738,917
Expenses$73,373
Net Income$665,544

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.65$0.00$3.65$0.74$0.07$0.67
2023Detailed filing. Detailed filing data is available for this year.$2.99$0.00$2.99$0.77$0.07$0.70
2022Detailed filing. Detailed filing data is available for this year.$2.29$0.00$2.29$0.38$0.03$0.35
2021Detailed filing. Detailed filing data is available for this year.$2.07$0.12$1.94$0.77$0.09$0.68
2020Detailed filing. Detailed filing data is available for this year.$1.26$0.00$1.26$0.77$0.20$0.57
2019Detailed filing. Detailed filing data is available for this year.$0.68$0.01$0.69$4.74$5.11$0.37
2018Detailed filing. Detailed filing data is available for this year.$1.73$0.67$1.07$8.27$8.46$0.19
2017Detailed filing. Detailed filing data is available for this year.$1.90$0.66$1.25$8.40$8.48$0.08
2016Detailed filing. Detailed filing data is available for this year.$2.02$0.69$1.33$7.63$8.60$0.96
2015Detailed filing. Detailed filing data is available for this year.$2.86$0.56$2.29$8.53$8.72$0.20
2014Detailed filing. Detailed filing data is available for this year.$3.15$0.66$2.49$8.34$8.85$0.51
2013Detailed filing. Detailed filing data is available for this year.$3.70$0.69$3.00$8.69$8.41$0.29
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.38$0.66$2.72$8.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.13$0.69$2.44$7.84
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.79$0.62$2.18$7.68
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
$766,500
Mission and Program Overview

Mission

Grace nursing center is committed to improving the health of our communities by providing excellent and compassionate care.

To provide healthcare to the elderly and aging.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$2,308,548$0▼ $2,308,548
Cash and Non-Interest-Bearing Accounts$219,688$219,598▼ $90
Land, Buildings, and Equipment, Net$270,277$188,348▼ $81,929
Total Assets$2,988,090$3,653,637▲ $665,547
Other Assets Total$189,577$3,245,691▲ $3,056,114
Liabilities
Accounts Payable and Accrued Expenses$28$31▲ $3
Total Liabilities$28$31▲ $3
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,988,062$3,653,606▲ $665,544
Total Net Assets Fund Balance$2,988,062$3,653,606▲ $665,544
Total Liabilities and Net Assets / Fund Balance$2,988,090$3,653,637▲ $665,547

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$16,987$3,175,464$3,192,451
Equipment$31,329$795,575$826,904
Leasehold Improvements$9,290$272,691$281,981
Land$130,742-$130,742
Other Land Buildings$0$15,590$15,590
Other Assets Org$3,245,673--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jeff CarswellChairman (thru 1/2024)
J Michael BridgesPast Chair
Kathy BaileyPresident & CEO
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
Patricia MollCFO
Susan HaireSecretary (as of 1/2024)
David BennettTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$766,500
Investment Income
$-27,583
Other Revenue
$0
Change in Net Assets
$665,544
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$73,373
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$28,830--$28,830
Fees for Services Other$5,182$1,296-$6,478
Insurance-$5,468-$5,468
Other Expenses$5,063--$5,063
Fees for Services Accounting-$2,018-$2,018
Total Functional Expenses$64,591$8,782$0$73,373
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
No
Subject to proxy tax
No
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 1A

10 board members are independent.

Form 990, Part VI, Section A, Line 3

In 2021, 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

A related organization's compensation committee reviewed and approved the compensation package during 2024.

Form 990, Part VI, Section C, Line 19

By-laws are available upon request through corporate counsel. Articles of incorporation are filed with the north carolina secretary of 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
Grace Nursing Center Inc
EIN
56-1838369
Phone
8285805000
Address
109 FOOTHILLS DRIVE, MORGANTON, NC 28655

Signing Officer

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

Organization Details

Principal Officer
Gary Paxson
Formed
1994
Legal Domicile
Nc
Voting Board Members
11
Independent Board Members
10
Employees
0
Volunteers
10

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 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 is not aware of any activities that are subject to tax on unrelated business income or excise or other taxes. 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 2023.

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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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IRS990/Form990PartVIISectionAGrp/TitleTxt12CFO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01994
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-27583
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0766500
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt05468
IRS990/InsuranceGrp/TotalAmt05468
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04259320
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0270277
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0188348
IRS990/LandBldgEquipCostOrOtherBssAmt04447668
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt027583
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0GRACE NURSING CENTER IS COMMITTED TO IMPROVING THE HEALTH OF OUR COMMUNITIES BY PROVIDING EXCELLENT AND COMPASSIONATE CARE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02988062
IRS990/NetAssetsOrFundBalancesEOYAmt03653606
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-27583
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-27583
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02988062
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03653606
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0189577
IRS990/OtherAssetsTotalGrp/EOYAmt03245691
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1INTERCOMPANY EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt025516
IRS990/OtherExpensesGrp/ProgramServicesAmt15063
IRS990/OtherExpensesGrp/TotalAmt025516
IRS990/OtherExpensesGrp/TotalAmt15063
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0GARY PAXSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0OTHER
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0766500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0766500
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt069290
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0766500
IRS990/PYRevenuesLessExpensesAmt0697210
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt069290
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0766500
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0665544
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0766500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE SUPPORT TEST INCLUDES A SHORT YEAR BEGINNING JANUARY 1, 2022 AND ENDING JUNE 30, 2022. THE YEARS FOR COLUMNS (A) THROUGH (E) ARE AS FOLLOWS: COLUMN (A) - 12/31/20 COLUMN (B) - 12/31/21 COLUMN (C) - 06/30/22 (SHORT YEAR) COLUMN (D) - 6/30/23 COLUMN (E) - 6/30/24
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0766500
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0766500
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0383250
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0768895
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0774145
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03459290
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt03459290
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0766500
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0766500
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0383250
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0768895
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0774145
IRS990ScheduleA/Total509Grp/TotalAmt03459290
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0766500
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0766500
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0383250
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0768895
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0774145
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03459290
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt016987
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03175464
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03192451
IRS990ScheduleD/EquipmentGrp/BookValueAmt031329
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0795575
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0826904
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0130742
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0130742
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt09290
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0272691
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0281981
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt018
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt13245673
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OTHER ASSETS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1INTERCOMPANY RECEIVABLE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt015590
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt015590
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE 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 IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. 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 2023.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0188348
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03245691
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt0298130
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt1106304
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt280093
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0645998
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1276079
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2240720
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt113200
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt29853
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt010408
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt136544
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt24792
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt03810
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt113620
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt2261
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KATHY BAILEY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1PATRICIA MOLL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2GANDHARI LOOMIS DO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2BOARD MEMBER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0958346
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1445747
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2335719
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE COMPENSATION COMMITTEE OF A RELATED ORGANIZATION REVIEWED AND APPROVED THE COMPENSATION PACKAGE DURING 2024.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1DURING THE YEAR, THE FOLLOWING INDIVIDUALS PARTICIPATED IN A SECTION 457(F) PLAN: PATRICIA MOLL $ 11,792
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1PART I, LINE 4B
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt010 BOARD MEMBERS ARE INDEPENDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IN 2021, 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CORPORATE 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.

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