Civic Intelligence

Wakemed

990 • Fiscal year 2024 • EIN 56-6017737

Oct 01, 2023 to Sep 30, 2024 • Filed on Aug 15, 2025

Refreshing map…

3000 New Bern AveRaleigh, NC 27610-1215

(919) 350-0522

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

76th percentile

0.55x

Higher debt load relative to assets than 76% of similar nonprofits.

2024 filings • 501(c)3 • $1B+ nonprofits • Source year 2024

Liabilities / Revenue

40th percentile

0.47x

Higher debt load relative to revenue than 40% of similar nonprofits.

2024 filings • 501(c)3 • $1B+ nonprofits • Source year 2024

Net Margin

24th percentile

0.5%

Higher net margin than 24% of similar nonprofits.

2024 filings • 501(c)3 • $1B+ nonprofits • Source year 2024

Top Officer Pay

49th percentile

$1,905,182

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

2024 filings • 501(c)3 • $1B+ nonprofits • Source year 2024

Asset Growth

38th percentile

5.6%

Faster asset growth than 38% of similar nonprofits.

2024 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2023 to 2024

Revenue Growth

52nd percentile

11%

Faster revenue growth than 52% of similar nonprofits.

2024 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,971,085,645

Up $104,945,670 (+5.6%) from 2023

Net Assets

Up

$885,855,383

Up $118,217,656 (+15%) from 2023

Liabilities

Down

$1,085,230,262

Down $13,271,986 (-1.2%) from 2023

Revenue

Up

$2,298,360,002

Up $230,366,634 (+11%) from 2023

Expenses

Up

$2,286,777,227

Up $193,938,451 (+9.3%) from 2023

Net Income

Up

$11,582,775

Up $36,428,183 (+147%) from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0B$1.5B$1.0B$500M$0Assets 2010: $1,335,640,583Liabilities 2010: $663,145,048Net Assets 2010: $672,495,5352010Assets 2011: $1,362,673,830Liabilities 2011: $654,720,444Net Assets 2011: $707,953,3862011Assets 2012: $1,426,399,681Liabilities 2012: $642,059,490Net Assets 2012: $784,340,1912012Assets 2013: $1,401,033,136Liabilities 2013: $636,733,084Net Assets 2013: $764,300,0522013Assets 2014: $1,423,447,229Liabilities 2014: $632,851,201Net Assets 2014: $790,596,0282014Assets 2015: $1,424,443,922Liabilities 2015: $714,913,794Net Assets 2015: $709,530,1282015Assets 2016: $1,416,072,147Liabilities 2016: $682,525,328Net Assets 2016: $733,546,8192016Assets 2017: $1,470,677,957Liabilities 2017: $755,793,187Net Assets 2017: $714,884,7702017Assets 2018: $1,508,036,898Liabilities 2018: $745,412,788Net Assets 2018: $762,624,1102018Assets 2019: $1,655,160,684Liabilities 2019: $845,671,109Net Assets 2019: $809,489,5752019Assets 2020: $1,843,918,342Liabilities 2020: $980,834,098Net Assets 2020: $863,084,2442020Assets 2021: $1,954,958,944Liabilities 2021: $979,021,065Net Assets 2021: $975,937,8792021Assets 2022: $1,739,298,787Liabilities 2022: $993,298,377Net Assets 2022: $746,000,4102022Assets 2023: $1,866,139,975Liabilities 2023: $1,098,502,248Net Assets 2023: $767,637,7272023Assets 2024: $1,971,085,645Liabilities 2024: $1,085,230,262Net Assets 2024: $885,855,3832024

Highlighted filing

2024

Assets$1,971,085,645
Liabilities$1,085,230,262
Net Assets$885,855,383

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0B$2.0B$1.0B$0-$1.0BExpenses 2010: $893,387,8432010Expenses 2011: $937,225,3342011Expenses 2012: $1,028,323,3972012Expenses 2013: $1,034,321,1702013Revenue 2014: $1,024,384,686Expenses 2014: $1,034,167,696Net Income 2014: -$9,783,0102014Revenue 2015: $1,065,229,638Expenses 2015: $1,098,223,727Net Income 2015: -$32,994,0892015Revenue 2016: $1,126,656,960Expenses 2016: $1,115,819,238Net Income 2016: $10,837,7222016Revenue 2017: $1,243,670,802Expenses 2017: $1,193,051,148Net Income 2017: $50,619,6542017Revenue 2018: $1,304,033,475Expenses 2018: $1,268,441,698Net Income 2018: $35,591,7772018Revenue 2019: $1,413,415,643Expenses 2019: $1,385,455,081Net Income 2019: $27,960,5622019Revenue 2020: $1,501,722,240Expenses 2020: $1,458,807,966Net Income 2020: $42,914,2742020Revenue 2021: $1,717,539,715Expenses 2021: $1,673,018,960Net Income 2021: $44,520,7552021Revenue 2022: $1,905,941,318Expenses 2022: $1,907,775,364Net Income 2022: -$1,834,0462022Revenue 2023: $2,067,993,368Expenses 2023: $2,092,838,776Net Income 2023: -$24,845,4082023Revenue 2024: $2,298,360,002Expenses 2024: $2,286,777,227Net Income 2024: $11,582,7752024

Highlighted filing

2024

Revenue$2,298,360,002
Expenses$2,286,777,227
Net Income$11,582,775
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 15, 2025
Return Version
2023v6.0
Gross Receipts
$2,572,730,113
Mission and Program Overview

Mission

Wakemed provides outstanding and compassionate care to all who seek our services. Wakemed is committed to the health and wellness of the communities it serves by providing preventive, diagnostic, in/outpatient, rehabilitative care to all regardless of the ability to pay.

The mission of wakemed is to improve the health and well-being of our community with outstanding and compassionate care to all.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$475,551,051$585,376,695▲ $109,825,644
Land, Buildings, and Equipment, Net$605,898,019$584,359,096▼ $21,538,923
Accounts Receivable$484,297,208$463,244,482▼ $21,052,726
Investments in Publicly Traded Securities$135,975,860$163,934,478▲ $27,958,618
Inventories for Sale or Use$37,045,343$33,697,670▼ $3,347,673
Prepaid Expenses and Deferred Charges$16,271,702$17,586,650▲ $1,314,948
Other Notes and Loans Receivable, Net$300,998$300,998→ $0
Pledges and Grants Receivable$104,962$80,633▼ $24,329
Cash and Non-Interest-Bearing Accounts$55,965$57,185▲ $1,220
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$1,866,139,975$1,971,085,645▲ $104,945,670
Other Assets Total$110,638,867$122,447,758▲ $11,808,891
Liabilities
Tax Exempt Bond Liabilities$677,610,733$677,154,166▼ $456,567
Accounts Payable and Accrued Expenses$348,158,155$323,701,576▼ $24,456,579
Other Liabilities$71,924,807$83,819,046▲ $11,894,239
Deferred Revenue$808,553$555,474▼ $253,079
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Total Liabilities$1,098,502,248$1,085,230,262▼ $13,271,986
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$766,979,546$885,515,894▲ $118,536,348
Net Assets With Donor Restrictions$658,181$339,489▼ $318,692
Total Net Assets Fund Balance$767,637,727$885,855,383▲ $118,217,656
Total Liabilities and Net Assets / Fund Balance$1,866,139,975$1,971,085,645▲ $104,945,670

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$156,032,830$941,107,976$1,097,140,806
Buildings$299,939,186$469,403,211$769,342,397
Other Land Buildings$85,614,179$63,875,231$149,489,410
Leasehold Improvements$38,908,532$45,804,546$84,713,078
Land$3,864,369-$3,864,369
Other Assets Org$-991--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$330,648-▲ $10,379$0$339,489
2022$332,661-▲ $2,999-$330,648
2021$336,018-▲ $1,785-$332,661
2020$336,090-▲ $5,193-$336,018
2019$335,322-▲ $6,049-$336,090
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Donald GintzigPresident & CEOFT$1,298,722$606,460$1,905,182
ashish PatelPhysicianFT$640,470$946,168$1,586,638
bryon boultonPhysicianFT$1,082,680$412,829$1,495,509
mark grahamPhysicianFT$507,004$866,060$1,373,064
gurvinder deolPhysicianFT$931,780$432,415$1,364,195
judson williamsPhysicianFT$990,480$358,815$1,349,295
Thomas GoughEVP & Chief Operating OfficerFT$646,916$38,548$685,464
Seth BrodyEVP, Physician ServicesFT$640,483$22,851$663,334
Rebecca AndrewsSVP & Administrator RaleighFT$489,488$60,330$549,818
Susan JamesVP & Chief Legal Officer (Until 12/1/23)FT$427,194$49,759$476,953
Cynthia Alness-BoilySVP - Operations & CNOFT$407,597$69,349$476,946
Charles HarrChief Medical Officer, RaleighFT$446,130$28,868$474,998
Peter MarksVP & Chief Information OfficerFT$404,853$46,801$451,654
Carolyn KnaupSVP - Strategic Ventures & Ambulatory OperationsFT$385,586$58,233$443,819
John PerryVP, Medical InformationFT$390,757$51,233$441,990
Rick ShrumVP & Chief Strategy OfficerFT$382,637$49,300$431,937
Karen Chilton MDSVP & Chief Quality OfficerFT$404,855$20,411$425,266
Karen BashChief Medical Officer, NorthFT$377,655$34,612$412,267
Valerie BarlowSVP & Administrator NorthFT$354,283$51,609$405,892
Micah KrempaskyChief Medical Officer, Mental Health & Well-BeingFT$343,017$59,138$402,155
Thomas CavenderVP, Facilities & ConstructionFT$335,205$66,528$401,733
Theodore LotchinVP & Chief Compliance & Privacy Officer (Until 2/24)FT$351,020$47,970$398,990
Stephanie SessomsEVP & Chief Financial OfficerFT$352,285$39,037$391,322
Jeronica GoodwinSVP, Human ResourcesFT$348,214$29,195$377,409
Jeff NeisenVP, Revenue CycleFT$265,055$101,010$366,065
Debra LaugheryVP, Marketing and CommunicationsFT$319,035$43,289$362,324
Christine CraigVP, Governmental AffairsFT$296,368$63,829$360,197
Thomas HughesSVP & Administrator CaryFT$331,601$24,089$355,690
Gayla HarveyVP, Payor Strategy & Managed Care ContractingFT$318,010$37,291$355,301
Shondra BrinkFormer VP, WakeMed Physician Practices (until 6/3/23)-$152,425$17,668$170,093
David NussmanVP, Compliance and Privacy - Interim (From 12/3/23)FT$135,882$34,208$170,090
Roylyn JohnsonFormer Secretary (Until 2/7/23)-$120,674$17,833$138,507
Dionne WhitakerOfficer - SecretaryFT$84,763$7,994$92,757

Board Members and Trustees

NameTitle
Thad L McDonald MDChair
Margaret BrattonVice Chair
Blount WilliamsBoard Member
Christina A ShanahanBoard Member
Dan Blue IIIBoard Member
James Anthony PenryBoard Member
Keemia ShawBoard Member
Laura Helton MDBoard Member
Michael PainterBoard Member
Peter M Scott IIIBoard Member
Robert C Rice JrBoard Member
Satish GarimellaBoard Member
Sonia BarnesBoard Member
Henry L DarnellBoard Member (Until 5/25/24)
Larry BarbourBoard Member (until 5/25/24)
Mary Nash RusherSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Morrison Management SpecialistFood & Nutrition ServicesPO BOX 102289, DR STE 400 CB 9515, Atlanta, GA 30368-2289$13,390,680
Unc School Of MedicineResident Fees145 MEDICAL CENTER, Chapel Hill, NC 27599-9515$4,050,918
Laboratory Corporation Of AmericaDiagnostic Testing ServicesPO BOX 12140, Burlington, NC 27216-2140$3,321,429
BMA WAKE-Grtr WAKE AREA ACUTESFRESENIUS MED CAREKidney Dialysis Services16343 COLLECTION CNTR DR, Chicago, IL 60693$3,209,231
Health Catalyst INCData & Data Analysis TechnologyDEPT CH 17917, Palatine, IL 60055-7917$3,126,713
Revenue and Support

Revenue Composition

Contributions and Grants
$4,849,160
Program Service Revenue
$2,268,304,727
Investment Income
$23,071,238
Other Revenue
$2,134,877
All Other Contributions
$451,639
Change in Net Assets
$11,582,775
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,257,451,327
Other Expenses$1,027,076,443
Grants and Similar Amounts Paid$2,249,457
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$875,423,339$154,486,472-$1,029,909,811
Fees for Services Other$141,516,350$9,032,958$0$150,549,308
Other Employee Benefits$91,499,468$16,146,965-$107,646,433
Depreciation Depletion$81,529,604--$81,529,604
Payroll Taxes$59,000,319$10,411,821-$69,412,140
All Other Expenses$55,852,245$3,553,221$0$59,405,466
Office Expenses$53,923,789$3,441,944-$57,365,733
Occupancy$48,919,585$3,122,527-$52,042,112
Pension Plan Contributions$32,146,744$5,672,955-$37,819,699
Interest$27,663,801--$27,663,801
Information Technology$15,893,051$1,014,450-$16,907,501
Current Officers, Directors, Trustees, and Key Employees$10,130,595$2,532,649-$12,663,244
Other Expenses$11,099,898$708,506-$11,808,404
Insurance$8,137,314$519,403-$8,656,717
Advertising$5,978,795$381,625-$6,360,420
Grants to Domestic Orgs$2,137,186--$2,137,186
Fees for Services Legal$1,716,883$109,588-$1,826,471
Travel$1,384,594$88,378-$1,472,972
Conferences and Meetings$1,306,427$83,389-$1,389,816
Fees for Services Lobbying$441,288$28,167-$469,455
Fees for Service Investment Mgmnt Fees$323,166$20,628-$343,794
Grants to Domestic Individuals$112,271--$112,271
Total Functional Expenses$2,042,464,489$244,312,738$0$2,286,777,227
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Wake County Human ServicesRaleigh, NCGovernmentalGeneral Support$858,033
Alliance Medical MinistryRaleigh, NC501(c)3Medical Care$377,000
Wake County Medical Society Right CareRaleigh, NC501(c)6Medical Care$350,000
Healing Transitions Intl IncRaleigh, NC501(c)3General Support$127,500
Debnam ClinicRaleigh, NCFor ProfitMedical Care$98,043
Capital Area Soccer LeagueRaleigh, NC501(c)3General Support$61,750
Wakemed FoundationRaleigh, NC501(c)3General Support$38,625
InteractRaleigh, NC501(c)3General Support$30,000
Alliance Medical MinistryRaleigh, NC501(c)3General Support$25,000
CasaRaleigh, NC501(c)3General Support$25,000
Marbles Kids MuseumRaleigh, NC501(c)3General Support$25,000
Nc Professionals HealthRaleigh, NC501(c)3General Support$15,000
NCIAP PEOPLE'S MEDICAL CAREApex, NC501(c)3General Support$14,200
Urban Ministries of WakeRaleigh, NC501(c)3General Support$12,260
American Heart Association IncDesmoines, IA501(c)3General Support$11,072
American Cancer Society IncCharlotte, NC501(c)3General Support$10,500
Ronald Mcdonald HouseDurham, NC501(c)3General Support$8,350
Girl ScoutsRaleigh, NC501(c)3General Support$8,333
March of Dimes IncArlington, VA501(c)3General Support$7,500
Oak City Cares IncRaleigh, NC501(c)3General Support$7,500
Foundation of HopeRaleigh, NC501(c)3General Support$7,220
Pretty in Pink Foundation IncRaleigh, NC501(c)3General Support$6,800
Cary Downtown Farmers MarketCary, NC501(c)3General Support$6,500
Urban Ministries of Wake CountyRaleigh, NC501(c)3General Support$6,000

International Summary

Offices
0
Employees
0
Spending
$8,074,334

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanInvestmentsInsurance Premiums/expense00$8,074,334
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Owner of a businessBusiness has a service contract with the organizationNo$2,956,290
-owner of businessThe business sells furniture to the organizationNo$2,255,790
-Family MemberFamily member is an employed physicianNo$645,659
-Family memberFamily member is a physicianNo$359,545
-Family memberFamily member is an employed physicianNo$157,269

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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Claims Payable$21,318,619
Capitalized Lt Leases$16,268,255
St Subscription Liability$14,932,466
Fv Int Rate Swap-deferred$14,692,019
Pension Deferred Inflow$9,753,110
Deferred Refund Gain 2012a$6,770,884
Other Deferred Inflows of Resources$564,928
Deferred Landlord Incentives & Rent-
Total Due to Third-party Payor-
Accelerated Payment Liability$-7,491
J Rex Wk Pediatric Launch$-473,744

Bond Issues

BondIssuerIssuedIssue PricePurpose
APublic Finance Authority2019-04-10$380,794,512SEE PART VI

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$380,794,512$297,884,653$0$2,909,859

Bond Financing Compliance

No rebate due
Yes
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
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
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, Line 7A Members or stockholders electing members of governing body

Eight members of the board are appointed to the board of directors by wake county.

Form 990, Part VI, Line 7B Decisions requiring approval by members or stockholders

The wake county board of commissioners holds limited approval over some governing body decisions pertaining to articles v, vi, vii, and ix in the articles of incorporation. The transfer agreement with wake county indicates approval/consent for transactions pertaining to substantial disposition of assets and covenants on liens.

Form 990, Part VI, Line 11B Review of form 990 by governing body

The entire 990 and associated schedules are reviewed by the finance committee of the board of directors who acknowledge they have reviewed forms and schedules and then recommend approval to the board. A final copy is provided to the board before filing.

Form 990, Part VI, Line 12C Conflict of interest policy

The organization monitors and enforces the conflict of interest policy in various ways. Each year, members of the board, committees with board delegate powers, ceo, corporate staff, executive staff, directors, and managers are required to complete and submit a conflict of interest questionnaire. Those individuals are required to provide written documentation of any potential conflict of interest, identifying material financial interest/personal conflicts of interest. Remedial measures implemented to address conflicts of interest include abstention from voting on certain issues as well as recusal from the decision making process and participation involving the identified issue/area. The code of conduct provides guidance on gifts and travel. Gifts should not be accepted and prior to any travel/lodging paid for by a third party, written approval must be obtained from an executive vice president. Also, employees who own or work in a private business outside of wakemed are not allowed to recruit or promote their products and services during work hours or through wakemed printed materials.

Form 990, Part VI, Line 15A Process to establish compensation of top management official

Review of compensation is performed by an independent firm. Ceo compensation is reviewed with an outside firm every year. Every three years an executive competitive compensation review is performed. On alternate years, the svp/hr presents market data comparisons to a board of director's committee for review.

Form 990, Part VI, Line 19 Required documents available to the public

The 990 is available by request and is published on guidestar. Financial statements are publicly available through the nc medical care commission as it relates to tax exempt debt. The annual audited financial statements and transfer agreement are provided each year to wake county commissioners and become public information. Articles of incorporation are available on the nc secretary of state website.

Form 990, Part VIII, Line 2F Other Program Service Revenue

- Total Revenue: 17001245, Related or Exempt Function Revenue: 16457259, Unrelated Business Revenue: 543986, Revenue Excluded from Tax Under Sections 512, 513, or 514: ;

Filing and Contact Details

Filer

Filer Name
WakeMed
EIN
56-6017737
Phone
9193500522
Address
3000 NEW BERN AVE, RALEIGH, NC 27610-1215
Doing Business As
See Schedule O

Signing Officer

Name
Stephanie T Sessoms
Title
Executive Vice President, CFO
Phone
9193500522
Signed
2025-08-15
Discuss with paid preparer
Yes

Organization Details

Formed
1965
Legal Domicile
Nc
Voting Board Members
14
Independent Board Members
10
Employees
13,697
Volunteers
1,306

Preparer

Firm
Ernst & Young US Llp
Address
55 IVAN ALLEN JR BOULEVARD, ATLANTA, GA 30308
Preparer
Aerrial M Orr
Phone
4048748300
Supplemental Narrative

Additional Explanations

BOX C: ALSO DOING BUSINESS AS

1. Wakemed health & hospitals 2. Wakemed cary hospital 3. Wakemed new bern avenue campus 4. Wake medical center 5. Wakemed heart center 6. Wake rehabilitation hospital 7. Wake ahec 8. Wakemed - western wake medical center 9. Wakemed clayton medical park 10. Wakemed raleigh medical park 11. Wakemed emergency services institute 12. Wakemed brier creek healthplex 13. Wakemed garner healthplex 14. Wakemed professional staff 15. Wakemed rehabilitation hospital 16. Wakemed center for patient safety 17. Wakemed morrisville medical park 18. Wakemed wake forest medical park 19. Wakemed mental health & well-being hospital-wakebrook 20. Wakemed cancer care-waverly hematology & medical oncology 21. Wakemed raleigh campus 22. Wakemed apex healthplex 23. Wakemed rehab 24. Western wake hospital 25. Western wake medical center 26. Wake area health education center 27. Wakemed north hospital 28. Wakemed home care 29. Wakemed cary outpatient rehab center 30. Wakemed home health 31. Wakemed mobile critical care services 32. Wakemed outpatient pharmacy 33. Wakemed children's hospital 34. Wakemed children's 35. Wakemed center for innovative learning 36. Wakemed wendell healthplex 37. Wakemed fuquay-varina medical park 38. Wakemed physician practices 39. Wakemed bariatrics surgery & medical weight loss 40. Wakemed children's -special infant care 41. Wakemed children's pediatric intensivists 42. Wakemed children's -pediatric minor procedures 43. Wakemed children's- pediatric pulmonology 44. Wakemed children's-pediatric cardiology 45. Wakemed children's-pediatric endocrinology 46. Wakemed children's-pediatric gastroenterology 47. Wakemed children's-pediatric surgery 48. Wakemed children's-pediatric weight management 49. Wakemed corporate health services 50. Wakemed critical care medicine 51. Wakemed ent-head & neck surgery 52. Wakemed gastroenterology 53. Wakemed general surgery 54. Wakemed heart & vascular- advanced heart failure 55. Wakemed heart & vascular-cardiology 56. Wakemed heart & vascular-cary cardiology 57. Wakemed heart & vascular-cardiovascular & thoracic surgery 58. Wakemed heart & vascular-complex arrhythmia 59. Wakemed heart & vascular-structural heart 60. Wakemed cancer care-hematology & medical oncology 61. Wakemed hospitalist 62. Wakemed hospitalist-group home 63. Wakemed infectious diseases 64. Wakemed pulmonology 65. Wakemed maternal fetal medicine 66. Wakemed mobile wellness 67. Wakemed neonatology 68. Wakemed obstetrics & gynecology 69. Wakemed outpatient behavioral health 70. Wakemed physical therapy 71. Wakemed plastic & reconstructive surgery 72. Wakemed psychiatry hospital based 73. Wakemed pulmonology - hospital based 74. Wakemed tobacco cessation - specialty 75. Wakemed transitional health 76. Wakemed urgent care 77. Wakemed urogynecology 78. Wakemed urology 79. Wakemed vascular surgery 80. Wakemed wake orthopaedics 81. Wakemed western wake surgical 82. Wakemed wound care center 83. Wakemed primary care-apex 84. Wakemed primary care-brier creek 85. Wakemed primary care-downtown raleigh 86. Wakemed primary care-forestville crossing 87. Wakemed primary care-fuquay-varina 88. Wakemed primary care-garner 89. Wakemed primary care-holly springs 90. Wakemed primary care-kildaire 91. Wakemed primary care-knightdale 92. Wakemed primary care-north raleigh 93. Wakemed primary care-oberlin 94. Wakemed primary care-wake forest 95. Wakemed children's pediatric primary care-kildaire 96. Wakemed children's pediatric primary care-clayton 97. Wakemed children's pediatric primary care-raleigh 98. Wakemed children's pediatric primary care-wake forest medical park 99. Wakemed mycare 365 primary & urgent care - brightleaf 100. Wakemed mycare 365 primary & urgent care - clayton 101. Wakemed mycare 365 primary & urgent care - fayetteville rd 102. Wakemed mycare 365 primary & urgent care - glenwood 103. Wakemed mycare 365 primary & urgent care - hope valley 104. Wakemed mycare 365 primary & urgent care - lowes grove 105. Wakemed mycare 365 primar

Form 990, Part III, Line 4A-4C Description of program services

(Expenses $ 930,438,405 including grants of $ 2,249,457)(Revenue $ 1,051,736,864) OTHER PROGRAM SERVICES INCLUDE HOSPITAL IN AND OUTPATIENT ANCILLARY CARE SERVICES IN OTHER SPECIALTY AREAS NOT LISTED ABOVE.

Form 990, Part XI, Line 9 Other changes in net assets or fund balances

CHANGE IN FUND BALANCE - -49803142; Unrestricted to Restricted - 597005; Capital Contributions - -46202; Allen Charitable Trust - 8840; Transfers Between Affiliates - 72956180; Non-Cap Contributions - -97508;

Financial Statement Notes

Schedule D, Part V, Line 4

The allen trust endowment funds are used to provide poor and indigent patients with needed private nursing care. Wakemed defines 'poor and indigent' as those with a financial class of self-pay or medicaid. The sitter providing private nursing care may be either in the hospital or in a home setting.

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IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd15X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd16X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd17X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd18X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd19X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1634107
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt177994
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1823518
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1936636
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2045991
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2120100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2239580
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2322865
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2447999
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2542430
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2620649
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2730045
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2836955
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2928654
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt3048441
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt3129759
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt3219800
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt3347911
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt3424425
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt3533508
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt3643462
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt3719800
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt3847666
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt3931508
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt4022620
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt4148712
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt4248121
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt4345591
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt4450931
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt4548150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt4620301
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt4716722
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt4814667
IRS990/Form990PartVIISectionAGrp/PersonNm0Blount Williams
IRS990/Form990PartVIISectionAGrp/PersonNm1Christina A Shanahan
IRS990/Form990PartVIISectionAGrp/PersonNm2Dan Blue III
IRS990/Form990PartVIISectionAGrp/PersonNm3Henry L Darnell
IRS990/Form990PartVIISectionAGrp/PersonNm4James Anthony Penry
IRS990/Form990PartVIISectionAGrp/PersonNm5Keemia Shaw
IRS990/Form990PartVIISectionAGrp/PersonNm6Larry Barbour
IRS990/Form990PartVIISectionAGrp/PersonNm7Laura Helton MD
IRS990/Form990PartVIISectionAGrp/PersonNm8Margaret Bratton
IRS990/Form990PartVIISectionAGrp/PersonNm9Mary Nash Rusher
IRS990/Form990PartVIISectionAGrp/PersonNm10Michael Painter
IRS990/Form990PartVIISectionAGrp/PersonNm11Peter M Scott III
IRS990/Form990PartVIISectionAGrp/PersonNm12Robert C Rice Jr
IRS990/Form990PartVIISectionAGrp/PersonNm13Satish Garimella
IRS990/Form990PartVIISectionAGrp/PersonNm14Sonia Barnes
IRS990/Form990PartVIISectionAGrp/PersonNm15Thad L McDonald MD
IRS990/Form990PartVIISectionAGrp/PersonNm16David Nussman
IRS990/Form990PartVIISectionAGrp/PersonNm17Dionne Whitaker
IRS990/Form990PartVIISectionAGrp/PersonNm18Donald Gintzig
IRS990/Form990PartVIISectionAGrp/PersonNm19Stephanie Sessoms
IRS990/Form990PartVIISectionAGrp/PersonNm20Theodore Lotchin
IRS990/Form990PartVIISectionAGrp/PersonNm21Thomas Gough
IRS990/Form990PartVIISectionAGrp/PersonNm22Carolyn Knaup
IRS990/Form990PartVIISectionAGrp/PersonNm23Charles Harr
IRS990/Form990PartVIISectionAGrp/PersonNm24Christine Craig
IRS990/Form990PartVIISectionAGrp/PersonNm25Cynthia Alness-Boily
IRS990/Form990PartVIISectionAGrp/PersonNm26Debra Laughery
IRS990/Form990PartVIISectionAGrp/PersonNm27Gayla Harvey
IRS990/Form990PartVIISectionAGrp/PersonNm28Jeff Neisen
IRS990/Form990PartVIISectionAGrp/PersonNm29Jeronica Goodwin
IRS990/Form990PartVIISectionAGrp/PersonNm30John Perry
IRS990/Form990PartVIISectionAGrp/PersonNm31Karen Bash
IRS990/Form990PartVIISectionAGrp/PersonNm32Karen Chilton MD
IRS990/Form990PartVIISectionAGrp/PersonNm33Micah Krempasky
IRS990/Form990PartVIISectionAGrp/PersonNm34Peter Marks
IRS990/Form990PartVIISectionAGrp/PersonNm35Rebecca Andrews
IRS990/Form990PartVIISectionAGrp/PersonNm36Rick Shrum
IRS990/Form990PartVIISectionAGrp/PersonNm37Seth Brody
IRS990/Form990PartVIISectionAGrp/PersonNm38Susan James
IRS990/Form990PartVIISectionAGrp/PersonNm39Thomas Cavender
IRS990/Form990PartVIISectionAGrp/PersonNm40Thomas Hughes
IRS990/Form990PartVIISectionAGrp/PersonNm41Valerie Barlow
IRS990/Form990PartVIISectionAGrp/PersonNm42ashish Patel
IRS990/Form990PartVIISectionAGrp/PersonNm43bryon boulton
IRS990/Form990PartVIISectionAGrp/PersonNm44gurvinder deol
IRS990/Form990PartVIISectionAGrp/PersonNm45judson williams
IRS990/Form990PartVIISectionAGrp/PersonNm46mark graham
IRS990/Form990PartVIISectionAGrp/PersonNm47Roylyn Johnson
IRS990/Form990PartVIISectionAGrp/PersonNm48Shondra Brink
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1,971$1,085$886$2,298$2,287$11.6
2023Summary only. Only limited summary data is available for this year.$1,866$1,099$768$2,068$2,093$24.8
2022Summary only. Only limited summary data is available for this year.$1,739$993$746$1,906$1,908$1.83
2021Summary only. Only limited summary data is available for this year.$1,955$979$976$1,718$1,673$44.5
2020Summary only. Only limited summary data is available for this year.$1,844$981$863$1,502$1,459$42.9
2019Summary only. Only limited summary data is available for this year.$1,655$846$809$1,413$1,385$28.0
2018Summary only. Only limited summary data is available for this year.$1,508$745$763$1,304$1,268$35.6
2017Summary only. Only limited summary data is available for this year.$1,471$756$715$1,244$1,193$50.6
2016Summary only. Only limited summary data is available for this year.$1,416$683$734$1,127$1,116$10.8
2015Summary only. Only limited summary data is available for this year.$1,424$715$710$1,065$1,098$33.0
2014Summary only. Only limited summary data is available for this year.$1,423$633$791$1,024$1,034$9.78
2013Summary only. Only limited summary data is available for this year.$1,401$637$764$1,034
2012Summary only. Only limited summary data is available for this year.$1,426$642$784$1,028
2011Summary only. Only limited summary data is available for this year.$1,363$655$708$937
2010Summary only. Only limited summary data is available for this year.$1,336$663$672$893
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2024 filings • 501(c)3 • $1B+ nonprofits