Civic Intelligence

Forsyth Community Pcc LLC

EIN 81-5300614 • 501(c)3 • Winston Salem, NC

Profile

To provide healthcare services to an underserved community in forsyth county, north carolina.

650 N Highland Ave 120Winston Salem, NC 27101

www.wakehealth.edu

Siviq Scores

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

Liabilities / Assets

84th percentile

0.43x

Higher debt load relative to assets than 84% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

94th percentile

1.76x

Higher debt load relative to revenue than 94% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

1st percentile

-473%

Higher net margin than 1% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

67th percentile

$0

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

88th percentile

47%

Faster asset growth than 88% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

13th percentile

-25%

Faster revenue growth than 13% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$1,004,734

Up $268,206 (+36%) from 2022

Liabilities

Down

$288,407

Down $31,256 (-9.8%) from 2022

Net Assets

Up

$716,327

Up $299,462 (+72%) from 2022

Revenue

Up

$349,937

Up $168,242 (+93%) from 2022

Expenses

Up

$1,050,475

Up $8,970 (+0.9%) from 2022

Net Income

Up

-$700,538

Up $159,272 (+19%) from 2022

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0MAssets 2018: $1,862,723Liabilities 2018: $108,700Net Assets 2018: $1,754,0232018Assets 2019: $1,146,558Liabilities 2019: $164,579Net Assets 2019: $981,9792019Assets 2020: $1,152,697Liabilities 2020: $279,942Net Assets 2020: $872,7552020Assets 2021: $500,435Liabilities 2021: $823,760Net Assets 2021: -$323,3252021Assets 2022: $736,528Liabilities 2022: $319,663Net Assets 2022: $416,8652022Assets 2023: $1,004,734Liabilities 2023: $288,407Net Assets 2023: $716,3272023

Highlighted filing

2023

Assets$1,004,734
Liabilities$288,407
Net Assets$716,327

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2018: $4,731Expenses 2018: $258,406Net Income 2018: -$253,6752018Revenue 2019: $65,317Expenses 2019: $837,361Net Income 2019: -$772,0442019Revenue 2020: $133,506Expenses 2020: $952,649Net Income 2020: -$819,1432020Revenue 2021: $243,254Expenses 2021: $1,439,334Net Income 2021: -$1,196,0802021Revenue 2022: $181,695Expenses 2022: $1,041,505Net Income 2022: -$859,8102022Revenue 2023: $349,937Expenses 2023: $1,050,475Net Income 2023: -$700,5382023

Highlighted filing

2023

Revenue$349,937
Expenses$1,050,475
Net Income-$700,538

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 31, 2024
Return Version
2023v5.1
Gross Receipts
$349,937
Mission and Program Overview

Mission

To provide healthcare services to an underserved community in forsyth county, north carolina.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$350,435$745,535▲ $395,100
Land, Buildings, and Equipment, Net$322,608$216,324▼ $106,284
Accounts Receivable$63,485$41,479▼ $22,006
Total Assets$736,528$1,004,734▲ $268,206
Other Assets Total-$1,396-
Liabilities
Accounts Payable and Accrued Expenses$101,045$287,492▲ $186,447
Other Liabilities$218,618$915▼ $217,703
Total Liabilities$319,663$288,407▼ $31,256
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$416,865$716,327▲ $299,462
Total Net Assets Fund Balance$416,865$716,327▲ $299,462
Total Liabilities and Net Assets / Fund Balance$736,528$1,004,734▲ $268,206

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$123,533$425,365$548,898
Equipment$92,791$205,181$297,972
Compensation and Service Providers

Board Members and Trustees

NameTitle
Richard Lord MdChair
John Mann MdVice Chair (to 12/31/23)
Christopher ProutyTrustee
Steven ScogginTrustee
Lia Erickson MdTrustee (to 12/31/23)
Paula BirdTrustee (to 12/31/23)
Joyce MounceSecr (to 12/31/23)
Amanda BurtonTreas

Highest Paid Contractors

ContractorServicesLocationCompensation
Wake Forest University Baptist Medical CPhysician ServicesMEDICAL CENTER BLVD, Winston Salem, NC 27157$399,978
Novant Medical Group INCMgmt & Admin Services2085 FRONTIS PLAZA BLVD, Winston Salem, NC 27103$349,329
Revenue and Support

Revenue Composition

Contributions and Grants
$144,816
Program Service Revenue
$198,773
Investment Income
$6,348
Other Revenue
$0
All Other Contributions
$144,816
Change in Net Assets
$-700,538
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,050,475
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
Fees for Services Other$732,071$529-$732,600
Depreciation Depletion$107,668$256-$107,924
Occupancy$81,218--$81,218
Office Expenses$7,924$35,168-$43,092
Insurance-$17,402-$17,402
Information Technology$13,091--$13,091
Fees for Services Management-$10,385-$10,385
All Other Expenses$4,024$1,134-$5,158
Travel$1,771--$1,771
Other Expenses$1,432$326-$1,758
Advertising$1,188--$1,188
Total Functional Expenses$972,197$78,278$0$1,050,475
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Third Party Payable$915
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 2

Form 990, part vi, section a, line 2: family and/or business relationships business relationship richard lord amanda burton steven scoggin

Form 990, Part VI, Section A, Line 3

The organization has delegated management of its administrative support services. The manager is responsible for non-clinical operational oversight, utilization review and quality assurance, marketing and branding, financial management including accounting, budget preparation, billing and collections, provider contracting and credentialing, facilities and information technology management, regulatory and risk management, contracting/purchasing services, and recruitment/personnel staffing services. No trustees and/or officers are compensated by the management company for services rendered to the organization during the year.

Form 990, Part VI, Section A, Line 6

Form 990, part vi, section a, line 6: classes of members or stockholders the organization is a north carolina limited liability company with members.

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

The limited liability company's members, forsyth memorial hospital, inc. And wake forest university baptist medical center, each appoint one half of the board.

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

The limited liability company's members, forsyth memorial hospital, inc. And wake forest university baptist medical center, approve certain transactions and changes to the operating agreement.

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

The organization's board of trustees receives a copy of form 990 with sufficient time to review and comment prior to filing. If material revisions are required following the board review period, a revised form 990 is redistributed to the board trustees prior to filing with the irs.

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

The organization's conflict of interest policy applies to all trustees including members of a committee with board delegated powers. With respect to particular transactions that come before the board, the potential conflict of interest would be disclosed by the board trustee before a vote on the transaction. The remaining trustees would determine whether or not a conflict of interest exists. If it is determined that a conflict of interest exists, then the board trustee with the conflict of interest would not particpate in the deliberations and vote for that particular transaction.

Form 990, Part VI, Section C, Line 19

Form 990, part vi, section c, line 19: governing documents disclosure the organization's articles of organization are available to the public on request and are available on the website of the north carolina secretary of state. The operating agreement is not published or available to the public.

FORM 990, PART VII, SECTION B: INDEPENDENT CONTRACTORS

The organization's accounts payable function is managed by their management/administrative service provider, novant medical group, inc., an organization affiliated with novant health, inc. The organization does not issue forms 1099 directly. The information reported in part vii section b represents expenses paid on behalf of the filing organization by novant health, inc.

Filing and Contact Details

Filer

Filer Name
Forsyth Community Pcc LLC
EIN
81-5300614
Phone
3362772411
Address
650 N HIGHLAND AVE 120, WINSTON SALEM, NC 27101
Doing Business As
Highland Avenue Primary Care Clinic

Signing Officer

Name
Richard Lord Md
Title
Board Chair
Phone
3362772411
Signed
2024-10-31

Organization Details

Principal Officer
Richard Lord Md
Formed
2016
Legal Domicile
Nc
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
8
Supplemental Narrative

Additional Explanations

FORM 990, PIII, L1: ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES

Forsyth community pcc, llc, doing business as highland avenue primary care clinic, is a joint venture health care clinic formed in 2018 between forsyth memorial hospital, inc. And wake forest university baptist medical center to provide healthcare services in forsyth county, nc. This joint community care clinic, located in a historically underserved community and providing healthcare services at nominal fees, is committed to ensuring access to high-quality, affordable, comprehensive healthcare for all residents of forsyth county, regardless of their insurance status or ability to pay.

Form 990, Part IX, Line 11G

Outside services: program service expenses 11,349. Management and general expenses 529. Fundraising expenses 0. Total expenses 11,878. Contracted services: program service expenses 317,504. Management and general expenses 0. Fundraising expenses 0. Total expenses 317,504. Professional physician services: program service expenses 403,218. Management and general expenses 0. Fundraising expenses 0. Total expenses 403,218.

FORM 990, PART XI, LINE 9:

Capital contributions 1,000,000.

Financial Statement Notes

PART X, LINE 2:

The company is included in the novant health, inc. Consolidated financial statements under generally accepted accounting standards, but does not meet the control requirements to be considered a related entity for form 990 reporting. Novant health is required to evaluate uncertain tax positions. This evaluation includes a quantification of tax risk in areas such as unrelated business taxable income. This evaluation did not have a material effect on the company's consolidated statements of operations and changes in net assets for the years ended december 31, 2023 and 2022.

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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1326
IRS990/OtherExpensesGrp/ProgramServicesAmt011161
IRS990/OtherExpensesGrp/ProgramServicesAmt110649
IRS990/OtherExpensesGrp/ProgramServicesAmt21432
IRS990/OtherExpensesGrp/TotalAmt013078
IRS990/OtherExpensesGrp/TotalAmt111161
IRS990/OtherExpensesGrp/TotalAmt210649
IRS990/OtherExpensesGrp/TotalAmt31758
IRS990/OtherLiabilitiesGrp/BOYAmt0218618
IRS990/OtherLiabilitiesGrp/EOYAmt0915
IRS990/OtherOrganizationDsc0LLC
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0RICHARD LORD MD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0621111
IRS990/ProgramServiceRevenueGrp/Desc0NET PATIENT REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0198773
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0198773
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02342
IRS990/PYOtherExpensesAmt01041505
IRS990/PYOtherRevenueAmt015
IRS990/PYProgramServiceRevenueAmt0179338
IRS990/PYRevenuesLessExpensesAmt0-859810
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01041505
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0181695
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-700538
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0198773
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0144816
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0144816
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt06348
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02342
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0511
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0274
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01826
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt011301
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0198773
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0179353
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0242743
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0133232
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt063491
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0817592
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt06348
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02342
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0511
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0274
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01826
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt011301
IRS990ScheduleA/InvestmentIncomeCYPct00.01160
IRS990ScheduleA/InvestmentIncomePYPct00.01270
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98840
IRS990ScheduleA/PublicSupportPY509Pct00.98730
IRS990ScheduleA/PublicSupportTotal509Amt0962408
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0343589
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0179353
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0242743
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0133232
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt063491
IRS990ScheduleA/Total509Grp/TotalAmt0962408
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0349937
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0181695
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0243254
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0133506
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt065317
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0973709
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt092791
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0205181
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0297972
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0123533
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0425365
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0548898
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0915
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0THIRD PARTY PAYABLE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE COMPANY IS INCLUDED IN THE NOVANT HEALTH, INC. CONSOLIDATED FINANCIAL STATEMENTS UNDER GENERALLY ACCEPTED ACCOUNTING STANDARDS, BUT DOES NOT MEET THE CONTROL REQUIREMENTS TO BE CONSIDERED A RELATED ENTITY FOR FORM 990 REPORTING. NOVANT HEALTH IS REQUIRED TO EVALUATE UNCERTAIN TAX POSITIONS. THIS EVALUATION INCLUDES A QUANTIFICATION OF TAX RISK IN AREAS SUCH AS UNRELATED BUSINESS TAXABLE INCOME. THIS EVALUATION DID NOT HAVE A MATERIAL EFFECT ON THE COMPANY'S CONSOLIDATED STATEMENTS OF OPERATIONS AND CHANGES IN NET ASSETS FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0216324
IRS990ScheduleD/TotalLiabilityAmt0915
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORSYTH COMMUNITY PCC, LLC, DOING BUSINESS AS HIGHLAND AVENUE PRIMARY CARE CLINIC, IS A JOINT VENTURE HEALTH CARE CLINIC FORMED IN 2018 BETWEEN FORSYTH MEMORIAL HOSPITAL, INC. AND WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER TO PROVIDE HEALTHCARE SERVICES IN FORSYTH COUNTY, NC. THIS JOINT COMMUNITY CARE CLINIC, LOCATED IN A HISTORICALLY UNDERSERVED COMMUNITY AND PROVIDING HEALTHCARE SERVICES AT NOMINAL FEES, IS COMMITTED TO ENSURING ACCESS TO HIGH-QUALITY, AFFORDABLE, COMPREHENSIVE HEALTHCARE FOR ALL RESIDENTS OF FORSYTH COUNTY, REGARDLESS OF THEIR INSURANCE STATUS OR ABILITY TO PAY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990, PART VI, SECTION A, LINE 2: FAMILY AND/OR BUSINESS RELATIONSHIPS BUSINESS RELATIONSHIP RICHARD LORD AMANDA BURTON STEVEN SCOGGIN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS DELEGATED MANAGEMENT OF ITS ADMINISTRATIVE SUPPORT SERVICES. THE MANAGER IS RESPONSIBLE FOR NON-CLINICAL OPERATIONAL OVERSIGHT, UTILIZATION REVIEW AND QUALITY ASSURANCE, MARKETING AND BRANDING, FINANCIAL MANAGEMENT INCLUDING ACCOUNTING, BUDGET PREPARATION, BILLING AND COLLECTIONS, PROVIDER CONTRACTING AND CREDENTIALING, FACILITIES AND INFORMATION TECHNOLOGY MANAGEMENT, REGULATORY AND RISK MANAGEMENT, CONTRACTING/PURCHASING SERVICES, AND RECRUITMENT/PERSONNEL STAFFING SERVICES. NO TRUSTEES AND/OR OFFICERS ARE COMPENSATED BY THE MANAGEMENT COMPANY FOR SERVICES RENDERED TO THE ORGANIZATION DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990, PART VI, SECTION A, LINE 6: CLASSES OF MEMBERS OR STOCKHOLDERS THE ORGANIZATION IS A NORTH CAROLINA LIMITED LIABILITY COMPANY WITH MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE LIMITED LIABILITY COMPANY'S MEMBERS, FORSYTH MEMORIAL HOSPITAL, INC. AND WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER, EACH APPOINT ONE HALF OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE LIMITED LIABILITY COMPANY'S MEMBERS, FORSYTH MEMORIAL HOSPITAL, INC. AND WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER, APPROVE CERTAIN TRANSACTIONS AND CHANGES TO THE OPERATING AGREEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION'S BOARD OF TRUSTEES RECEIVES A COPY OF FORM 990 WITH SUFFICIENT TIME TO REVIEW AND COMMENT PRIOR TO FILING. IF MATERIAL REVISIONS ARE REQUIRED FOLLOWING THE BOARD REVIEW PERIOD, A REVISED FORM 990 IS REDISTRIBUTED TO THE BOARD TRUSTEES PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION'S CONFLICT OF INTEREST POLICY APPLIES TO ALL TRUSTEES INCLUDING MEMBERS OF A COMMITTEE WITH BOARD DELEGATED POWERS. WITH RESPECT TO PARTICULAR TRANSACTIONS THAT COME BEFORE THE BOARD, THE POTENTIAL CONFLICT OF INTEREST WOULD BE DISCLOSED BY THE BOARD TRUSTEE BEFORE A VOTE ON THE TRANSACTION. THE REMAINING TRUSTEES WOULD DETERMINE WHETHER OR NOT A CONFLICT OF INTEREST EXISTS. IF IT IS DETERMINED THAT A CONFLICT OF INTEREST EXISTS, THEN THE BOARD TRUSTEE WITH THE CONFLICT OF INTEREST WOULD NOT PARTICPATE IN THE DELIBERATIONS AND VOTE FOR THAT PARTICULAR TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8FORM 990, PART VI, SECTION C, LINE 19: GOVERNING DOCUMENTS DISCLOSURE THE ORGANIZATION'S ARTICLES OF ORGANIZATION ARE AVAILABLE TO THE PUBLIC ON REQUEST AND ARE AVAILABLE ON THE WEBSITE OF THE NORTH CAROLINA SECRETARY OF STATE. THE OPERATING AGREEMENT IS NOT PUBLISHED OR AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9THE ORGANIZATION'S ACCOUNTS PAYABLE FUNCTION IS MANAGED BY THEIR MANAGEMENT/ADMINISTRATIVE SERVICE PROVIDER, NOVANT MEDICAL GROUP, INC., AN ORGANIZATION AFFILIATED WITH NOVANT HEALTH, INC. THE ORGANIZATION DOES NOT ISSUE FORMS 1099 DIRECTLY. THE INFORMATION REPORTED IN PART VII SECTION B REPRESENTS EXPENSES PAID ON BEHALF OF THE FILING ORGANIZATION BY NOVANT HEALTH, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10OUTSIDE SERVICES: PROGRAM SERVICE EXPENSES 11,349. MANAGEMENT AND GENERAL EXPENSES 529. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,878. CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 317,504. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 317,504. PROFESSIONAL PHYSICIAN SERVICES: PROGRAM SERVICE EXPENSES 403,218. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 403,218.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11CAPITAL CONTRIBUTIONS 1,000,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PIII, L1: ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART VII, SECTION B: INDEPENDENT CONTRACTORS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0736528
IRS990/TotalAssetsEOYAmt01004734
IRS990/TotalAssetsGrp/BOYAmt0736528
IRS990/TotalAssetsGrp/EOYAmt01004734
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0144816
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt078278
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0972197
IRS990/TotalFunctionalExpensesGrp/TotalAmt01050475
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0319663
IRS990/TotalLiabilitiesEOYAmt0288407
IRS990/TotalLiabilitiesGrp/BOYAmt0319663
IRS990/TotalLiabilitiesGrp/EOYAmt0288407
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0416865
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0716327
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0972197
IRS990/TotalProgramServiceRevenueAmt0198773
IRS990/TotalReportableCompFromOrgAmt00

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