2024-11-14T13:36:12-06:00 2023-12-31 990 2023-01-01 562049697 CAROLINA HEALTHCARE ASSOCIATES INC CARO 3362772411 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 ALICE POPE EVP & CFO 3362772411 2024-11-14 1 2023 2024-10-15 13:58:12Z NHRMC PHYSICIANS GROUP CARL ARMATO 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 79873530 0 X N/A X 1997 NC SEE SCHEDULE O 5 4 1021 6 0 0 714359 6924 768312 0 19412 0 69301999 79866606 70804082 79873530 0 0 0 0 68613117 77382404 0 0 0 2190965 2491126 70804082 79873530 0 0 31282613 33524953 4884099 7126439 26398514 26398514 X SEE SCHEDULE O 0 0 79873530 THE ORGANIZATION PROVIDES HEALTHCARE SERVICES TO THE RESIDENTS OF NEW HANOVER COUNTY AND SURROUNDING AREAS. BEGINNING IN 2022, THE ORGANIZATION BEGAN A MULTI-STEP PROCESS OF UNWINDING TOWARD THE PLAN OF DISSOLUTION. HEALTHCARE REVENUE EARNED BY HEALTHCARE PROFESSIONALS OF THE FILING ORGANIZATION IS COLLECTED AND RECORDED BY AN AFFILIATED ORGANIZATION WITHIN THE NOVANT HEALTH SYSTEM. ASSETS OF THE FILING ORGANIZATION WERE SOLD TO THE SAME AFFLILIATED ORGANIZATION. EMPLOYEES OF THE FILING ORGANIZATION AND THEIR RELATED EXPENSES WILL BE TRANSITIONED TO THE SAME AFFLIATED ORGANIZATION COLLECTING HEALTHCARE REVENUE IN THE TWO FOLLOWING TAX YEARS. 79873530 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 5 0 1 1021 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X WENDI STOCKSTILL 3362772411 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 BARBARA BIEHNER VICE CHAIR 0.20 0.20 X X 0 0 0 HEATHER DAVIS DO TRUSTEE (TO 8/15/23)/ SVP CCO 0.20 45.00 X 0 662899 32470 JEROME FENNELL TRUSTEE (FR 8/16/23 TO 12/31/23) 0.20 0.20 X 0 0 0 LARRY BEARD MD TRUSTEE 0.20 0.00 X 0 0 0 MICHAEL JASKOLKA MD TRUSTEE/PHYSICIAN 45.00 0.00 X 1460961 0 61042 MITCH LAMM CHAIR 0.20 0.00 X X 0 0 0 DANIEL GOODWIN PRES 50.00 0.00 X 0 372588 56253 FRED HARGETT EVP/CFO (TO 9/6/23) 0.20 50.00 X 0 2400670 50705 GEOFFREY GARDNER CFO (FR 9/6/23) 0.20 50.00 X 0 909106 128749 BRIAN GILMORE MD PHYSICIAN 45.00 0.00 X 683754 0 55210 ELIZABETH ACQUISTA MD FACULTY/PHYSICIAN 45.00 0.00 X 650746 5550 59064 NASAR SIDDIQI MD PHYSICIAN 45.00 0.00 X 960546 0 32372 OLUWOLE ODUNUSI MD PHYSICIAN 45.00 0.00 X 992932 0 58127 WILLIAM HOPE MD PROGRAM DIR/FACULTY PHYSICIAN 45.00 0.00 X 615160 0 56767 AMY MESSIER MD FMR OFFICER (12/31/21) 0.00 50.00 X 0 513273 53365 JOHN HOWARD FMR OFFICER (12/31/22) 0.00 50.00 X 0 1183912 45999 JOHN MANN MD FMR OFFICER (12/31/22) 0.00 45.00 X 0 1119764 167716 NAVIN BHOJWANI MD FMR OFFICER (12/31/22) 0.00 45.00 X 0 1032953 144895 PAMELA OLIVER MD FMR OFFICER (12/31/22) 0.00 50.00 X 0 1687459 231967 5364099 9888174 1234701 100 1 1 0 0 6924 6924 PROF SRVC AGRMT REIMB 900099 79716271 79716271 MISCELLANEOUS REVENUE 900099 150335 150335 79866606 79873530 0 0 79866606 1522003 1522003 59914111 59914111 2262864 2262864 13683426 13683426 333843 333843 1004 1004 718072 718072 8272 8272 9851 9851 65070 65070 238105 238105 712820 712820 DUES AND SUBSCRIPTIONS 162718 162718 CONTRACT LABOR 120740 120740 REPAIRS AND MAINTENANCE 68075 68075 OTHER SUPPLIES 37661 37661 14895 14895 79873530 79873530 0 0 27803699 10431306 47838 351079 185987 48586 85711 3196503 22656857 31282613 33524953 4884099 7126439 4884099 7126439 X 26398514 26398514 26398514 26398514 31282613 33524953 0 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE FROM AFFILIATE 22656857 22656857 0 X PART X, LINE 2: THE AUDIT FOR NOVANT HEALTH AND ITS AFFILIATES IS PREPARED ON A CONSOLIDATED BASIS. THE COMPANY IS REQUIRED TO EVALUATE UNCERTAIN TAX POSITIONS. THIS EVALUATION INCLUDES A QUANTIFICATION OF TAX RISK IN AREAS SUCH AS UNRELATED BUSINESS TAXABLE INCOME AND THE TAXATION OF OUR FOR-PROFIT SUBSIDIARIES. 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. X X X X 1 1 1 1 0 0 0 0 0 0 0 FRED HARGETT EVP/CFO (TO 9/6/23) 0 886648 0 1074292 0 439730 0 19800 0 30905 0 2451375 0 0 PAMELA OLIVER MD FMR OFFICER (12/31/22) 0 803939 0 705890 0 177630 0 197000 0 34967 0 1919426 0 106800 MICHAEL JASKOLKA MD TRUSTEE/PHYSICIAN 1429487 0 5000 0 26474 0 19800 0 41242 0 1522003 0 0 0 JOHN MANN MD FMR OFFICER (12/31/22) 0 615875 0 418901 0 84988 0 117815 0 49901 0 1287480 0 28813 JOHN HOWARD FMR OFFICER (12/31/22) 0 443140 0 546420 0 194352 0 19800 0 26199 0 1229911 0 45000 NAVIN BHOJWANI MD FMR OFFICER (12/31/22) 0 550439 0 395029 0 87485 0 107160 0 37735 0 1177848 0 36075 OLUWOLE ODUNUSI MD PHYSICIAN 987404 0 5000 0 528 0 20527 0 37600 0 1051059 0 0 0 GEOFFREY GARDNER CFO (FR 9/6/23) 0 496309 0 343441 0 69356 0 98858 0 29891 0 1037855 0 25993 NASAR SIDDIQI MD PHYSICIAN 930141 0 5000 0 25405 0 19800 0 12572 0 992918 0 0 0 BRIAN GILMORE MD PHYSICIAN 652437 0 5000 0 26317 0 19168 0 36042 0 738964 0 0 0 ELIZABETH ACQUISTA MD FACULTY/PHYSICIAN 642912 0 5004 0 2830 5550 20988 0 38077 0 709811 5550 0 0 HEATHER DAVIS DO TRUSTEE (TO 8/15/23)/ SVP CCO 0 397971 0 202800 0 62128 0 19800 0 12670 0 695369 0 0 WILLIAM HOPE MD PROGRAM DIR/FACULTY PHYSICIAN 606377 0 5000 0 3783 0 19800 0 36967 0 671927 0 0 0 AMY MESSIER MD FMR OFFICER (12/31/21) 0 415653 0 69182 0 28438 0 18380 0 34985 0 566638 0 0 DANIEL GOODWIN PRES 0 294198 0 51072 0 27318 0 19200 0 37053 0 428841 0 0 PART I, LINE 1A FRINGE OR EXPENSE EXPLANATION FIRST-CLASS OR CHARTER TRAVEL: FIRST-CLASS OR CHARTER TRAVEL IS NOT A COVERED TRAVEL EXPENSE FOR EXECUTIVES; THEY ARE LIMITED TO BUSINESS OR COACH CLASS FARES FOR COMMERCIAL FLIGHTS. HOWEVER, CHARTER TRAVEL IS AVAILABLE TO CERTAIN EXECUTIVES, BOARD MEMBERS, AND APPROVED BUSINESS PERSONNEL MEETING APPLICABLE POLICY CRITERIA. TRAVEL FOR COMPANIONS: COMPANIONS ARE ALLOWED ON CERTAIN CHARTER FLIGHTS PAID FOR BY THE ORGANIZATION. IN THAT CASE, THE VALUE OF THE COMPANION'S FLIGHT IS CALCULATED UNDER APPLICABLE TAX LAWS AND THAT AMOUNT IS INCLUDED IN THE EXECUTIVE'S TAXABLE INCOME AS PRESCRIBED BY THE APPLICABLE TAX LAWS. DISCRETIONARY SPENDING ACCOUNT: CERTAIN EXECUTIVES RECEIVE A DISCRETIONARY SPENDING ACCOUNT. THE DOLLAR AMOUNT IN THE ACCOUNT IS PRE-APPROVED BY THE COMPENSATION AND LEADERSHIP COMMITTEE OF THE NOVANT HEALTH BOARD OF TRUSTEES. THE EXECUTIVE MAY DEFER THE AMOUNT TO A RETIREMENT ACCOUNT OR THE AMOUNT IS TREATED AS COMPENSATION AND IS SPREAD OUT OVER THE COURSE OF THE YEAR IN THE EXECUTIVE'S PAYCHECKS AS TAXABLE INCOME. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: WE PROVIDE TEMPORARY HOUSING ALLOWANCES IN CERTAIN EXECUTIVE RECRUITMENT AND RELOCATION PACKAGES. THE VALUE IS CALCULATED UNDER APPLICABLE TAX LAWS AND THAT AMOUNT IS INCLUDED IN THE EXECUTIVE'S INCOME AS PRESCRIBED BY THE APPLICABLE TAX LAWS. PART I, LINE 3 PART I, LINE 3: THE FILING ORGANIZATION IS AN INTEGRAL PART OF NOVANT HEALTH, AN INTEGRATED HEALTHCARE SYSTEM AND RELIES UPON NOVANT HEALTH, INC., THE PARENT ORGANIZATION, TO USE THE PROCESS DESCRIBED IN PART VI, LINE 15A/15B OF THIS RETURN TO ESTABLISH COMPENSATION FOR CERTAIN EXECUTIVES. THIS PROCESS ADHERES TO THE REQUIREMENTS SET FORTH TO SECURE THE REBUTTABLE PRESUMPTION OF REASONABLENESS AND INCLUDES A REVIEW AND APPROVAL BY INDEPENDENT AND DISINTERESTED MEMBERS OF A COMPENSATION COMMITTEE, CONSULTATION WITH INDEPENDENT COMPENSATION CONSULTANTS, THE UTILIZATION OF THIRD-PARTY COMPARABILITY DATA SUCH AS PUBLISHED COMPENSATION SURVEYS, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. PART I, LINES 4A-B PART I, LINES 4A-C: SEVERANCE, NONQUALIFIED, AND EQUITY-BASED PAYMENTS SEVERANCE JOHN HOWARD $109,803 NONQUALIFIED AMY MESSIER MD $4,423 GEOFFREY GARDNER $25,993 JOHN HOWARD $52,123 JOHN MANN MD $35,792 NAVIN BHOJWANI MD $41,907 PAMELA OLIVER MD $126,079 EQUITY-BASED NONE PART I, LINE 4A - SEVERANCE PLAN: ELIGIBLE EXECUTIVES MAY RECEIVE SEVERANCE PAY THAT IS BASED ON ANNUAL COMPENSATION FOR A SPECIFIED PERIOD OF TIME. THE SEVERANCE PAY WOULD BE PAID ONLY IN THE EVENT OF CERTAIN TYPES OF EMPLOYMENT TERMINATION, AND IS FURTHER CONTINGENT ON THE SATISFACTION OF OTHER CONDITIONS SUCH AS COMPLIANCE WITH A NON-COMPETITION COVENANT. ANY CURRENT YEAR PAYMENTS HAVE BEEN INCLUDED IN THE COMPENSATION AMOUNTS REPORTED IN PART VII AND IN COLUMN (B)(III) OF SCHEDULE J. THE COMPENSATION AND LEADERSHIP COMMITTEE OF THE NOVANT HEALTH BOARD REVIEWS, APPROVES, AND OVERSEES ALL ASPECTS AND ALL ELEMENTS OF EXECUTIVE COMPENSATION AND BENEFITS, INCLUDING THE AMOUNTS AWARDED UNDER THIS SEVERANCE PLAN. PART I, LINE 4B - SUPPLEMENTAL NONQUALIFIED RETIREMENT PLANS: THE SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN ("SERP") IS INTENDED TO SUPPORT RETENTION OF KEY EXECUTIVES, AND TO OFFER COMPETITIVE TOTAL COMPENSATION. GENERALLY, ANNUAL CONTRIBUTIONS TO THE PLAN OR PAYMENTS TO PARTICIPANTS WILL BE BASED ON A PERCENTAGE OF THE PARTICIPANT'S BASE SALARY AS OF JANUARY 1ST OF THE PREVIOUS PLAN YEAR AND ARE REPORTED IN COLUMN (C) OF SCHEDULE J. PRIOR TO MAKING THE CONTRIBUTIONS OR PAYMENTS, THE NOVANT HEALTH COMPENSATION AND LEADERSHIP COMMITTEE ("COMMITTEE") WILL APPROVE THE AMOUNTS AS TO REASONABLENESS, WHEN COMBINED WITH ALL OTHER ANNUAL COMPENSATION. A 3 YEAR CLASS-YEAR VESTING PERIOD WILL APPLY UP TO AGE 62, WHEN ALL MONEY WOULD BE VESTED AND PAID OUT TO THE PARTICIPANT. OTHERWISE, VESTING WILL OCCUR ON JANUARY 1ST OF EACH YEAR FOR THE APPROPRIATE CLASS-YEAR VESTING PERIOD. THE COMMITTEE REVIEWS, APPROVES, AND OVERSEES ALL ASPECTS AND ALL ELEMENTS OF EXECUTIVE COMPENSATION AND BENEFITS, INCLUDING THE AMOUNTS AWARDED UNDER THIS SERP. FORM 990, PART I, LINE 1 NOVANT HEALTH IS A NON-PROFIT INTEGRATED HEALTHCARE SYSTEM OF 15 MEDICAL CENTERS WITH MORE THAN 35,000 EMPLOYEES AND 1,800 PHYSICIANS IN OVER 800 LOCATIONS, AS WELL AS NUMEROUS OUTPATIENT SURGERY CENTERS, MEDICAL PLAZAS, REHABILITATION PROGRAMS, DIAGNOSTIC IMAGING CENTERS AND COMMUNITY HEALTH OUTREACH PROGRAMS. HEADQUARTERED IN WINSTON-SALEM, NORTH CAROLINA, NOVANT HEALTH'S TEAM MEMBERS AND PHYSICIAN PARTNERS CARE FOR PATIENTS AND COMMUNITIES IN NORTH CAROLINA, SOUTH CAROLINA AND GEORGIA. THE NOVANT HEALTH INTEGRATED HEALTHCARE SYSTEM OPERATES TO CARRY OUT ITS CHARITABLE MISSION OF IMPROVING THE HEALTH OF COMMUNITIES IT SERVES AND MAKING HEALTHCARE REMARKABLE FOR PATIENTS. NOVANT HEALTH ACCOMPLISHES THAT MISSION BY PROVIDING AND SUPPORTING EXCELLENT HEALTHCARE FACILITIES AND PHYSICIAN PRACTICES AND BY MAKING A COMMITMENT TO COMMUNITY OUTREACH/SERVICE THROUGH THE PROVISION OF COMMUNITY BENEFIT PROGRAMS. BY BRINGING TOGETHER WORLD-CLASS TECHNOLOGY AND CLINICIANS TO PROVIDE QUALITY CARE, NOVANT HEALTH IS COMMITTED TO CREATING A HEALTHCARE EXPERIENCE THAT IS SIMPLER, MORE CONVENIENT, AND MORE AFFORDABLE SO PATIENTS CAN FOCUS ON GETTING BETTER AND STAYING HEALTHY. IN 2023, NOVANT HEALTH PROVIDED NEARLY 7 MILLION PATIENT VISITS AND OVER $1.5 BILLION OF COMMUNITY BENEFIT EXPENDITURES SYSTEM-WIDE. IN ADDITION TO PROVIDING A HIGH QUALITY, COMPREHENSIVE CATALOG OF HEALTHCARE SERVICES, NOVANT HEALTH OFFERS A ROBUST PATIENT FINANCIAL ASSISTANCE PROGRAM, WORKING WITH ITS PATIENTS TO ASSIST WITH ESTABLISHING REASONABLE PAYMENT PLANS, DISCOUNTING PATIENT BILLS, AND PROVIDING FREE CARE FOR THOSE THAT QUALIFY UNDER ITS FINANCIAL ASSISTANCE POLICY. CAROLINA HEALTHCARE ASSOCIATES, INC. ("CHA") IS AN INTEGRAL PART OF NOVANT HEALTH, ESTABLISHED TO PROVIDE HEALTHCARE SERVICES TO THE RESIDENTS OF NEW HANOVER COUNTY AND SURROUNDING AREAS, AND HOUSE FOUR RESIDENCY PROGRAMS. CAROLINA HEALTHCARE ASSOCIATES CONSISTS OF ONCOLOGISTS, NURSE PRACTITIONERS, NEUROLOGISTS, CARDIOLOGISTS, UROLOGISTS, PSYCHIATRISTS, GASTROENTEROLOGISTS, FAMILY MEDICINE, INTERNAL MEDICINE, URGENT CARE, PRIMARY CARE, PEDIATRIC SURGEONS AND ORAL MAXILLOFACIAL SURGEONS. THESE PHYSICIANS AND OTHER HEALTHCARE PROVIDERS ARE DEDICATED TO PROVIDING AFFORDABLE HEALTHCARE SERVICES TO THE COASTAL REGION OF NORTH CAROLINA THROUGH ITS INTEGRATED RELATIONSHIP WITH NOVANT HEALTH. FORM 990, PART III, LINE 1: OUR CAUSE (FKA MISSION, VISION AND VALUES) IN THE SPIRIT OF KEEPING OUR FOCUS ON PATIENT-CENTERED, EQUITABLE AND COMPASSIONATE CARE WHILE ENSURING OUR ORGANIZATION IS SUSTAINABLE FOR FUTURE GENERATIONS, WE HAVE RESTATED OUR MISSION, VISION AND VALUES AND ARE NOW GUIDED BY OUR CAUSE. OUR CAUSE WE CREATE A HEALTHIER FUTURE AND BRING REMARKABLE EXPERIENCES TO LIFE. DISCOVER WE CONSISTENTLY SEEK TO INNOVATE, COURAGEOUSLY TRANSFORM OURSELVES AND FIND NEW WAYS TO ADD VALUE FOR OUR PATIENTS, COMMUNITIES AND ONE ANOTHER. EMPOWER WE PROVIDE ONE ANOTHER, OUR PATIENTS, FAMILIES AND COMMUNITIES WITH THE RESOURCES AND ENVIRONMENT TO CREATE SHARED ACCOUNTABILITY AND ACTION. THRIVE WE DEMONSTRATE EQUITY, EMPATHY, SAFETY AND QUALITY TO HELP EACH OTHER, AND OUR COMMUNITIES GROW AND SUCCEED. TOGETHER WE WORK AS A TRUSTED TEAM WITH OUR UNIQUE PERSPECTIVES, LIFE EXPERIENCES AND EXPERTISE TO BRING REMARKABLE TO LIFE IN EVERY INTERACTION. WE ALL BELONG. FORM 990, PART VI, SECTION A, LINE 7A FORM 990, PART VI, SECTION A, LINE 7A: THE MEMBERS OF THE EXECUTIVE COMMITTEE OF NOVANT HEALTH COASTAL REGION, LLC, A RELATED ORGANIZATION, APPOINTS THE BOARD OF DIRECTORS FOR CHA. FORM 990, PART VI, SECTION A, LINE 7B FORM 990, PART VI, SECTION A, LINE 7B: THE MEMBERS OF THE EXECUTIVE COMMITTEE OF NOVANT HEALTH COASTAL REGION, LLC, A RELATED ORGANIZATION, MUST APPROVE AMENDMENTS TO THE BYLAWS OF CHA. FORM 990, PART VI, SECTION B, LINE 11B FORM 990, PART VI, SECTION B, LINE 11: ORGANIZATION'S PROCESS TO REVIEW FORM 990 THE BOARD DELEGATES REVIEW OF THE FORM 990 TO NOVANT HEALTH'S BOARD OF TRUSTEES' AUDIT AND COMPLIANCE COMMITTEE ("THE COMMITTEE"), WHICH OVERSEES TAX MATTERS FOR ENTITIES IN THE NOVANT HEALTH SYSTEM. THE COMMITTEE IS THE REVIEW BODY FOR ALL OF THE FORM 990S FILED FOR TAX-EXEMPT ORGANIZATIONS WITHIN THE NOVANT HEALTH SYSTEM. THE COMMITTEE IS PROVIDED A COPY OF FORM 990 AND MEETS TO ADDRESS ANY QUESTIONS AND SIGNIFICANT DISCLOSURES WITHIN THE FORM 990 PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C FORM 990, PART VI, SECTION B, LINE 12C: MONITORING AND ENFORCEMENT OF COI THE ORGANIZATION'S TRUSTEE CONFLICT OF INTEREST POLICY APPLIES TO ALL TRUSTEES, PRINCIPAL OFFICERS OR MEMBERS OF A COMMITTEE WITH BOARD DELEGATED POWERS INCLUDING ANY APPLICABLE DISREGARDED ENTITIES. ALL TRUSTEES ARE SENT AN ANNUAL DISCLOSURE QUESTIONNAIRE. THE TRUSTEE ANNUAL DISCLOSURE QUESTIONNAIRES ARE REVIEWED BY THE COMPLIANCE AND TAX DEPARTMENTS. WITH RESPECT TO PARTICULAR TRANSACTIONS THAT COME BEFORE THE BOARD, THE CONFLICT OF INTEREST POLICY WOULD BE FOLLOWED. THE POTENTIAL CONFLICT OF INTEREST WOULD BE DISCLOSED BY THE BOARD MEMBER BEFORE A VOTE ON THE TRANSACTION AND THE REST OF THE BOARD WOULD DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS. IF THE REST OF THE BOARD DETERMINED THAT A CONFLICT OF INTEREST EXISTED THEN THE BOARD MEMBER WITH THE CONFLICT OF INTEREST WOULD NOT PARTICIPATE IN THE DELIBERATIONS AND VOTE. FORM 990, PART VI, SECTION B, LINE 15 FORM 990, PART VI, SECTION B, LINE 15A/15B: THE FILING ORGANIZATION IS AN INTEGRAL PART OF NOVANT HEALTH, AN INTEGRATED HEALTHCARE SYSTEM. INDEPENDENT AND DISINTERESTED BOARD MEMBERS OF THE PARENT ORGANIZATION, NOVANT HEALTH, INC. BOARD OF TRUSTEES (WHO COMPRISE THE COMPENSATION AND LEADERSHIP COMMITTEE OF THE BOARD), REVIEW, APPROVE, AND OVERSEE ALL ASPECTS OF COMPENSATION AND BENEFITS FOR CERTAIN LEADERS ("EXECUTIVES") SERVING AS OFFICERS, INCLUDING THE TOP MANAGEMENT & FINANCIAL OFFICIALS, OR KEY EMPLOYEES FOR NOVANT HEALTH ENTITIES. THE COMMITTEE WORKS WITH AN INDEPENDENT COMPENSATION CONSULTANT AND USES THIRD PARTY COMPARABILITY DATA FOR FUNCTIONALLY SIMILAR POSITIONS AT COMPARABLE ORGANIZATIONS TO ENSURE THAT TOTAL COMPENSATION AND BENEFITS FOR EACH EXECUTIVE IS REASONABLE. THE COMMITTEE REVIEWS AND APPROVES EXECUTIVE COMPENSATION AND BENEFITS ANNUALLY, CONSISTENT WITH THE WRITTEN EXECUTIVE COMPENSATION PHILOSOPHY OF NOVANT HEALTH, AND IN A MANNER THAT QUALIFIES FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS. FORM 990, PART VI, SECTION C, LINE 19 FORM 990, PART VI, SECTION C, LINE 19: GOVERNING DOCUMENTS DISCLOSURE THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS CONTAINING ALL ORGANIZATIONS IN THE NOVANT HEALTH SYSTEM ARE POSTED TO THE NOVANT HEALTH WEBSITE. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT AVAILABLE TO THE PUBLIC. AUXILIARY OF FORSYTH MEMORIAL HOSPITAL 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 560862112 GIFT SHOP NC 501(C)(3) LINE 10 FORSYTH MEMORIAL HOSPITAL INC 0 BRUNSWICK NOVANT MEDICAL CENTER FOUNDATION 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 274616751 FUNDRAISING NC 501(C)(3) LINE 7 BRUNSWICK COMMUNITY HOSPITAL LLC 0 COMMUNITY GENERAL HOSPITAL FOUNDATION INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 561828629 FUNDRAISING NC 501(C)(3) LINE 7 NOVANT HEALTH THOMASVILLE MEDICAL CENTER LLC 0 FORSYTH MEDICAL CENTER FOUNDATION 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 562120959 FUNDRAISING NC 501(C)(3) LINE 7 FORSYTH MEMORIAL HOSPITAL INC 0 FORSYTH MEMORIAL HOSPITAL INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 560928089 HEALTHCARE NC 501(C)(3) LINE 3 NOVANT HEALTH TRIAD REGION LLC 0 FOUNDATION HEALTH SYSTEMS CORP 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 561373175 HEALTHCARE NC 501(C)(3) LINE 10 NOVANT HEALTH INC 0 NEW HANOVER REGIONAL MEDICAL CENTER FOUNDATION INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 561752396 FUNDRAISING NC 501(C)(3) LINE 7 NOVANT HEALTH NEW HANOVER REGIONAL MEDICAL CENTER LLC 0 NHRMC HOME CARE 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 352379154 HEALTHCARE NC 501(C)(3) LINE 10 PENDER MEMORIAL HOSPITAL INC 0 NOVANT HEALTH INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 561376950 HEALTHCARE NC 501(C)(3) LINE 3 N/A 0 NOVANT MEDICAL GROUP INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 581728803 HEALTHCARE NC 501(C)(3) LINE 3 NMG SERVICES LLC 0 PENDER MEMORIAL HOSPITAL INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 560653348 HEALTHCARE NC 501(C)(3) LINE 3 NOVANT HEALTH NEW HANOVER REGIONAL MEDICAL CENTER LLC 0 PRESBYTERIAN HOSPITAL FOUNDATION 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 581413074 FUNDRAISING NC 501(C)(3) LINE 7 NOVANT HEALTH SOUTHERN PIEDMONT REGION LLC 0 ROWAN REGIONAL MEDICAL CENTER AUXILIARY 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 237022472 GIFT SHOP NC 501(C)(3) LINE 10 NOVANT HEALTH ROWAN MEDICAL CENTER LLC 0 ROWAN REGIONAL MEDICAL CENTER FOUNDATION INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 561424818 FUNDRAISING NC 501(C)(3) LINE 7 NOVANT HEALTH ROWAN MEDICAL CENTER LLC 0 SELF INSURANCE FUND - NOVANT HEALTH INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 581867242 INSURANCE NC 501(C)(3) LINE 12C, III-FI NOVANT HEALTH INC 0 THE PRESBYTERIAN HOSPITAL 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 560554230 HEALTHCARE NC 501(C)(3) LINE 3 NOVANT HEALTH SOUTHERN PIEDMONT REGION LLC 0 ADEPT HEALTH INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 562226937 ADMIN SERVICES NC N/A C 0 CHOICEHEALTH INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 561896065 MANAGED CARE NC N/A C 0 COMMUNICARE INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 561952950 RENTAL REAL ESTATE NC N/A C 0 KERNERSVILLE MEDICAL CENTER PARK OWNERS' ASSOCIATION 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 471511401 REAL PROPERTY MGMT NC N/A C 0 MEDQUEST INC & SUBSIDIARIES 3480 PRESTON RIDGE RD STE 600 ALPHARETTA GA 30005 223860764 DIAGNOSTIC IMAGING DE N/A C 0 SALEM DIAGNOSTICS INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 561513621 INACTIVE NC N/A C 0 SALEM HEALTH SERVICES INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 561342654 INACTIVE NC N/A C 0 THE PARK AT MONROE PROPERTY OWNERS ASSOCIATION INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 463910256 REAL PROPERTY MGMT NC N/A C 0 NOVANT HEALTH AFFILIATE II INC 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 934532877 INACTIVE NC N/A C 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0