EIN 56-1376950

Novant Health

IRS 501(c) type
501(c)(3)
Num. employees
20,684
Year formed
1997
Most recent tax filings
2023-12-01
Description
Novant Health exists to improve the health of their communities, one person at a time.
Also known as...
NH New Hanover Regional Medical Center; NH Charlotte Orthopedic Hospital; NH Thomasville Medical Center; NH Ballantyne Medical Center; NH Brunswick Medical Center; NH Matthews Medical Center; NH Medical Park Hospital
Total revenues
$4,015,833,950
2023
Total expenses
$3,902,611,082
2023
Total assets
$9,596,623,033
2023
Num. employees
20,684
2023

Program areas at Novant Health

Novant Health, Inc. is the parent organization of a not-for-profit integrated group of hospitals, physician clinics, outpatient centers, and other healthcare service providers (collectively known as "Novant Health"). Novant Health consists of over 1,800 physicians and over 35,000 team members who make healthcare remarkable at more than 800 locations, including 15 medical centers and hundreds of outpatient facilities and physician clinics. Headquartered in winston-salem, nc, Novant Health is committed to making healthcare remarkable for patients and communities.
Novant Health operates several surgery centers which serve the community by providing access to much needed healthcare services, regardless of the patient's ability to pay. During 2023, there were 989 outpatient encounters and 16,770 surgeries.
Novant Health operates several hospitals which exist to promote the Health of the inhabitants of their respective communities, regardless of the patient's ability to pay. During 2023, the hospitals had 1,537 licensed beds. There were 393,335 patient days, with an average length of stay of 7 days, and an average daily census of 1,084. There were 71,817 discharges, 973,329 outpatient encounters, 75,152 surgeries, and 328,931 emergency department visits.

Grants made by Novant Health

GranteeGrant descriptionAmount
Unc Health FoundationCommunity Outreach$15,913,500
Novant Health Rowan Medical Center FoundationCommunity Outreach$1,650,714
The Winston-Salem FoundationCommunity Outreach$320,000
...and 64 more grants made totalling $18,962,294

Who funds Novant Health

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
New Hanover Regional Medical Center FoundationTo Support NH New Hanover Regional Medical Center$2,013,914
Novant Health Rowan Medical Center FoundationTo Support Novant Health Hospitals$891,852
Novant Health Brunswick Medical Center FoundationTo Support Novant Health Hospitals$599,713
...and 12 more grants received

Personnel at Novant Health

NameTitleCompensation
Carl ArmatoPresident and Chief Executive Officer$4,888,618
Molina ServedChief Executive Officer
Jeffery T. LindsayExecutive Vice President and Chief Operating Officer$2,431,801
Geoffrey GardnerChief Financial Officer
Nchege BringsSenior Vice President and Chief Information Officer
...and 30 more key personnel

Financials for Novant Health

RevenuesFYE 12/2023
Total grants, contributions, etc.$16,063,978
Program services$3,848,829,368
Investment income and dividends$53,363,802
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$6,074,911
Net gain from sale of non-inventory assets$44,737,874
Net income from fundraising events$29,667
Net income from gaming activities$0
Net income from sales of inventory$295,957
Miscellaneous revenues$46,438,393
Total revenues$4,015,833,950

Form 990s for Novant Health

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-02-26990View PDF
2018-122020-01-30990View PDF
...and 9 more Form 990s

Organizations like Novant Health

OrganizationLocationRevenue
Texas Health Resources (THR)Arlington, TX$1,108,069,206
CoxHealthSpringfield, MO$1,639,754,736
Dignity Community CareSan Francisco, CA$3,559,115,237
Houston MethodistHouston, TX$3,273,307,774
Dignity HealthSan Francisco, CA$9,914,543,261
Allina HealthMinneapolis, MN$5,383,327,820
Inspira Medical CentersBridgeton, NJ$1,132,322,569
Hackensack Meridian Health Inc-Subordinates (HMH)Edison, NJ$7,466,842,942
Providence Health and Services - WashingtonRenton, WA$9,778,288,664
Scripps HealthSan Diego, CA$4,140,209,334
Data update history
May 18, 2024
Received grants
Identified 6 new grant, including a grant for $891,852 from Novant Health Rowan Medical Center Foundation
January 24, 2024
Updated personnel
Identified 13 new personnel
January 17, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 3, 2024
Used new vendors
Identified 1 new vendor, including
December 26, 2023
Received grants
Identified 6 new grant, including a grant for $67,083 from Novant Health Presbyterian Medical Center Foundation
Nonprofit Types
Grantmaking organizationsHospitalsHealth organizationsHeadquarter / parent organizations
Issues
HealthMedical disciplines
Characteristics
Political advocacyLobbyingFundraising eventsOperates internationallyState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
2085 Frontis Plaza Blvd
Winston Salem, NC 27103
Metro area
Winston-Salem, NC
County
Forsyth County, NC
Website URL
novanthealth.org/locations/medical-centers/forsyth-medical-center/ 
Phone
(336) 718-5600
IRS details
EIN
56-1376950
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1997
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E21: Community Health Systems
NAICS code, primary
622: Hospitals
Parent/child status
Central organization
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