Civic Intelligence

Unc Rockingham Health Care Inc

EIN 82-3745228 • 501(c)3 • Eden, NC

Profile

To improve the health and well-being of north carolinians and others whom we serve by providing leadership and excellence in the interrelated areas of patient care, education, and research.

117 East Kings HighwayEden, NC 27288

www.uncrockingham.org

Siviq Scores

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

Liabilities / Assets

90th percentile

1.44x

Higher debt load relative to assets than 90% of similar nonprofits.

NTEE E • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

75th percentile

0.79x

Higher debt load relative to revenue than 75% of similar nonprofits.

NTEE E • $50M-$100M nonprofits • Source year 2024

Net Margin

13th percentile

-20%

Higher net margin than 13% of similar nonprofits.

NTEE E • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

57th percentile

$1,195,909

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

NTEE E • $50M-$100M nonprofits • Source year 2024

Asset Growth

44th percentile

3.6%

Faster asset growth than 44% of similar nonprofits.

NTEE E • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

18th percentile

-1.5%

Faster revenue growth than 18% of similar nonprofits.

NTEE E • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$36,262,338

Up $1,271,521 (+3.6%) from 2023

Liabilities

Up

$52,248,637

Up $14,325,638 (+38%) from 2023

Net Assets

Down

-$15,986,299

Down $13,054,117 (-445%) from 2023

Revenue

Down

$66,530,632

Down $1,017,078 (-1.5%) from 2023

Expenses

Down

$79,584,749

Down $177,660 (-0.2%) from 2023

Net Income

Down

-$13,054,117

Down $839,418 (-6.9%) from 2023

Trend Graphs

Balance Sheet Trend

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

$60M$40M$20M$0-$20MAssets 2018: $33,499,029Liabilities 2018: $11,327,531Net Assets 2018: $22,171,4982018Assets 2019: $44,186,316Liabilities 2019: $20,715,156Net Assets 2019: $23,471,1602019Assets 2020: $48,577,121Liabilities 2020: $24,465,875Net Assets 2020: $24,111,2462020Assets 2021: $39,584,223Liabilities 2021: $25,429,663Net Assets 2021: $14,154,5602021Assets 2022: $41,006,458Liabilities 2022: $31,723,941Net Assets 2022: $9,282,5172022Assets 2023: $34,990,817Liabilities 2023: $37,922,999Net Assets 2023: -$2,932,1822023Assets 2024: $36,262,338Liabilities 2024: $52,248,637Net Assets 2024: -$15,986,2992024

Highlighted filing

2024

Assets$36,262,338
Liabilities$52,248,637
Net Assets-$15,986,299

Operations Trend

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

$100M$50M$0-$50MRevenue 2018: $50,510,203Expenses 2018: $41,838,705Net Income 2018: $8,671,4982018Revenue 2019: $77,895,734Expenses 2019: $76,596,072Net Income 2019: $1,299,6622019Revenue 2020: $75,980,788Expenses 2020: $75,340,702Net Income 2020: $640,0862020Revenue 2021: $64,914,459Expenses 2021: $74,871,145Net Income 2021: -$9,956,6862021Revenue 2022: $74,411,070Expenses 2022: $79,329,726Net Income 2022: -$4,918,6562022Revenue 2023: $67,547,710Expenses 2023: $79,762,409Net Income 2023: -$12,214,6992023Revenue 2024: $66,530,632Expenses 2024: $79,584,749Net Income 2024: -$13,054,1172024

Highlighted filing

2024

Revenue$66,530,632
Expenses$79,584,749
Net Income-$13,054,117

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 30, 2025
Return Version
2023v6.0
Gross Receipts
$66,532,787
Mission and Program Overview

Mission

To provide quality care, with a commitment to patient safety and clinical excellence.

To improve the health & well-being of north carolinians & others whom we serve by providing leadership & excellence in the areas of patient care, education, and research.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$20,482,983$19,529,948▼ $953,035
Accounts Receivable$10,316,515$11,702,030▲ $1,385,515
Prepaid Expenses and Deferred Charges$2,984,230$3,704,413▲ $720,183
Inventories for Sale or Use$1,134,579$1,207,969▲ $73,390
Cash and Non-Interest-Bearing Accounts$72,510$117,978▲ $45,468
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$34,990,817$36,262,338▲ $1,271,521
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$28,351,856$43,552,655▲ $15,200,799
Accounts Payable and Accrued Expenses$7,914,647$6,625,037▼ $1,289,610
Deferred Revenue$1,656,496$2,070,945▲ $414,449
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
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$37,922,999$52,248,637▲ $14,325,638
Net Assets / Fund Balance
Net Assets With Donor Restrictions$0$0→ $0
Net Assets Without Donor Restrictions$-2,932,182$-15,986,299▼ $13,054,117
Total Net Assets Fund Balance$-2,932,182$-15,986,299▼ $13,054,117
Total Liabilities and Net Assets / Fund Balance$34,990,817$36,262,338▲ $1,271,521

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,535,740$4,812,297$15,348,037
Equipment$3,724,350$5,652,374$9,376,724
Land$3,221,580-$3,221,580
Other Land Buildings$2,015,026$55,679$2,070,705
Leasehold Improvements$33,252$45,682$78,934
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Candace a Bradley MdCMO/director of HospitalistsFT$288,220$67,011$355,231
Karen ShadowensVP/finance & CFOPT$256,142$60,666$316,808
Khoury Vendura MdHospitalistFT$249,270$44,618$293,888
Afrim a HasanajClinical Nurse IiiFT$104,685$187,405$292,090
Thresa HardyCOO & CNOFT$162,968$29,368$192,336
Naitik D PanwalaPhysicians AssistantFT$162,807$28,486$191,293
Philip Asenso MdHospitalistFT$163,022$26,931$189,953
Jane a YountsDirector of PharmacyFT$165,858$22,253$188,111

Board Members and Trustees

NameTitle
Jeffrey ParrisDirector/chairman
Steve EblinPresident
William T FlyntDirector/vice Chairman
A Reece PyrtleDirector
Alan StilesDirector
Anthony Lindsey MdDirector
Casey G VincentDirector
James C BurnetteDirector
John R Dabbs DcDirector
Judy G RouseDirector
Lamont Cathey MdDirector
Micky S SilversDirector
Tammy ScarboroughDirector
Tiffany D MorrisDirector
W Eugene RussellDirector
William J Mcleod MdDirector
Wade WilliamsCIO/information Systems

Highest Paid Contractors

ContractorServicesLocationCompensation
SODEXO Management IncCafeteria Management915 Meeting Street, North Bethesda, MD 20852$3,431,914
Medstream Anesthesia PLLCAnesthesia82 Patton Avenue Suite 510, Asheville, NC 28801$935,083
Crothall Healthcare IncStaffing1500 Liberty Ridge Drive Suite 210, Wayne, PA 19087$739,634
NC Emergency Physician ServicesED Staffing117 E Kings Hwy, Eden, NC 27288$597,957
Hoffman Mechanical SolutionsHvac Service4321 Piedmont Pkwy, Greensboro, NC 27410$595,935
Revenue and Support

Revenue Composition

Contributions and Grants
$545,409
Program Service Revenue
$64,628,386
Investment Income
$481,207
Other Revenue
$875,630
All Other Contributions
$545,409
Change in Net Assets
$-13,054,117

Audited Revenue Reconciliation

Revenue per Audited Statements
$66,530,632
Revenue Not Reported on Form 990
$-8,028,469
Total Revenue per Audited Statements
$58,502,163
Total Revenue per Form 990
$66,530,632
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$45,666,600
Salaries, Compensation, and Employee Benefits$33,010,663
Grants and Similar Amounts Paid$907,486
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$23,936,629$2,367,359-$26,303,988
Fees for Services Other$7,928,413$506,068$0$8,434,481
Payments to Affiliates$5,195,708--$5,195,708
Other Employee Benefits$3,155,288$312,061-$3,467,349
Depreciation Depletion$2,648,038$261,894-$2,909,932
Payroll Taxes$1,616,033$159,827-$1,775,860
Occupancy$1,103,927$109,180-$1,213,107
All Other Expenses$860,629$85,119-$945,748
Grants to Domestic Orgs$907,486--$907,486
Current Officers, Directors, Trustees, and Key Employees-$883,092-$883,092
Insurance$563,957$55,776-$619,733
Pension Plan Contributions$528,140$52,234-$580,374
Office Expenses$453,553$44,857-$498,410
Other Expenses$303,701$30,036-$333,737
Advertising$104,619$10,347-$114,966
Information Technology$41,307$4,085-$45,392
Travel$25,544$2,526-$28,070
Fees for Services Lobbying-$5,757-$5,757
Conferences and Meetings-$243-$243
Total Functional Expenses$67,008,672$12,576,077$0$79,584,749

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$79,584,749
Total Expenses per Audited Statements$71,556,280
Expenses per Audited Statements$71,554,125
Expenses Not Reported on Financial Statements$8,030,624
Other Expense Adjustments$8,030,624
Expenses Not Reported on Form 990$2,155
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Rockingham County SchoolsEden, NCgovt entitySee Part Iv-
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

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
Due to Unc Hcs$43,368,050
Due to Intercompany$184,605
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
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
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

PART VI, SECTION A, LINE 6:

The organization's sole member is the university of north carolina health care system.

PART VI, SECTION A, LINE 7A:

The university of north carolina health care system shall appoint three (3) members of the board of directors.

PART VI, SECTION A, LINE 7B:

The organization's board requires prior approval of the university of north carolina health care system for certain powers, including but not limited to amendments to governing documents; merger, consolidation or dissolution of the organization; any disposition of all or substantially all of the property or assets; adoption of annual operating and capital budgets; adoption of strategic and business plans; indebtedness; certain thresholds of purchase and sale prices for real and material assets; any addition or deletion of health care services; extraordinary filings with regulatory agencies and creation of joint ventures.

PART VI, SECTION B, LINE 11B:

The form 990 was prepared by an independent accounting firm with assistance and oversight by management. The organization's president and cfo reviewed the form 990 and the full board received a copy of the form 990 prior to filing.

PART VI, SECTION B, LINE 12C:

The organization regularly and consistently monitors and enforces compliance with the conflict-of-interest policy by requiring all board members and officers to annually complete and sign a questionnaire documenting any area of conflict of interest. The board members are required to report and document any new areas of conflict of interest as they arise.

PART VI, SECTION B, LINE 15A:

The compensation of the officers of the organization shall be fixed from time-to-time by the board, except that the board may delegate to any officer who has been given power to appoint subordinate officers or agents the authority to fix the salaries or other compensation of any such officers or agents appointed by him or her.

PART VI, SECTION B, LINE 15B:

The compensation of the officers of the organization shall be fixed from time-to-time by the board, except that the board may delegate to any officer who has been given power to appoint subordinate officers or agents the authority to fix the salaries or other compensation of any such officers or agents appointed by him or her.

PART VI, SECTION C, LINE 19:

The organization makes its governing documents, financial statements and conflict of interest policy available upon request at the organization's administrative offices.

PART VII, LINE 1B AVERAGE HOURS PER WEEK:

Board members and officers contribute their time and services upon request and on an as-needed basis, which, throughout the year, may differ from the average number of hours per week reported on part vii, line 1b.

Filing and Contact Details

Filer

Filer Name
UNC Rockingham Health Care Inc
EIN
82-3745228
In Care Of
% KAREN SHADOWENS
Phone
3366239711
Address
117 East Kings Highway, Eden, NC 27288
Doing Business As
Unc Health Rockingham

Signing Officer

Name
Karen Shadowens
Title
CFO
Phone
9849742081
Signed
2025-04-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Eblin
Formed
2017
Legal Domicile
Nc
Voting Board Members
16
Independent Board Members
11
Employees
503
Volunteers
11

Preparer

Firm
Bdo USA
Address
421 Fayetteville Street Suite 300, Raleigh, NC 27601
Preparer
Sandra L Feinsmith
Phone
9192781936
Supplemental Narrative

Additional Explanations

PART XII, LINE 2C:

Process has not changed from the prior year.

Form 990 Part IX Line 11G

Description:contracted services total fees:6329420

Form 990 Part IX Line 11G

Description:housekeeping total fees:1574606

Form 990 Part IX Line 11G

Description:contracted prof. Services total fees:530455

Financial Statement Notes

SCHEDULE D, PART X, LINE 2:

Rockingham is exempt from federal income tax under section 501(a) as an organization described in section 501(c)(3) of the internal revenue code. This exemption was approved by the internal revenue service during the year ended june 30, 2020 and is retroactive to the date of formation.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Bad debt expense -8,030,624 rental expense 2,155 total -8,028,469 part xii, line 2d - other adjustments: rental expense 2,155 part xii, line 4b - other adjustments: bad debt expense 8,030,624

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IRS990/Desc0UNC ROCKINGHAM HEALTH CARE, INC. IS A NONPROFIT, 108 BED COMMUNITY HOSPITAL PRESERVING EXCELLENT, COMPASSIONATE AND TRUSTED CARE WHERE IT IS NEEDED MOST, CLOSE TO HOME. AS A CORNERSTONE IN EDEN, NC AND A MAJOR EMPLOYER, THE HOSPITAL SERVES PEOPLE THROUGHOUT ROCKINGHAM COUNTY AND IN NEIGHBORING SOUTHERN VIRGINIA AREAS. IN ADDITION TO INPATIENT, OUTPATIENT, SURGICAL AND EMERGENCY CARE, THE HOSPITAL OFFERS DIAGNOSTIC AND TREATMENT SERVICES, PROVIDES SCREENINGS AND TESTS AND LEADS WELLNESS INITIATIVES. OUR STRONG COMMUNITY TIES MOTIVATE US TO RAISE OUR STANDARDS EVERY DAY, ASSURING THAT WE PROVIDE TRUSTED CARE, CLOSE TO HOME. HIGHLIGHTS - A STATE OF THE ART BIRTHING CENTER WHERE MOTHERS LABOR IN WELL-APPOINTED, HOME-LIKE COMFORT, - AN ON-CAMPUS, 121 BED LONG TERM CARE FACILITY OFFERING SKILLED NURSING AND REHABILITATION, - A WOUND CARE CENTER OFFERING STATE OF THE ART CARE FOR DIFFICULT TO HEAL WOUNDS, - AN OCCUPATIONAL HEALTH CENTER THAT SUPPORTS LOCAL INDUSTRIES AND BUSINESSES WITH WELLNESS AND INJURY AND WORKER'S COMPENSATION MANAGEMENT, - AN ON-SITE CANCER CENTER MAKING IT POSSIBLE FOR PATIENTS TO RECEIVE TREATMENT IN THE COMFORT OF THEIR COMMUNITY, - AN URGENT CARE CENTER, UNC ROCKINGHAM URGENT CARE, IN MAYODAN, NC, - MORE THAN 15 SERVICE AREAS AND CLINICS ROUND OUT OUR DELIVERY OF COMMUNITY BASED HEALTH AND WELLNESS, - WE HAVE AN ACTIVE MEDICAL STAFF OF 19, CONSULTING STAFF OF 30, COURTESY STAFF OF 37, CONTINGENT STAFF OF 124 AND AN ALLIED HEALTH PROFESSIONAL STAFF OF 43, - MODERN EQUIPMENT & PROCEDURES: ELECTRONIC MEDICAL RECORDS SYSTEM, CT, MRI, VASCULAR LABORATORY, LASER SURGERY, ANGIOGRAPHY, DIGITAL MAMMOGRAPHY WITH TOMOSYNTHESIS, STEREOTACTIC BREAST BIOPSY PROCEDURES, - 108 BEDS INCLUDING 87 MED-SURG, 9 INTENSIVE CARE, 12 BIRTHING CENTER (LDRP)
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