2025-08-13T14:43:41+00:00 2024-09-30 440160260 Forvis Mazars LLP 500 Ridgefield Court Asheville NC 28806 990 2023-10-01 562049537 HUGH CHATHAM MEMORIAL HOSPITAL FOUNDATION INC HUGH 3365277000 180 Parkwood Drive Elkin NC 28621 PAUL H HAMMES CEO 2025-08-13 true Amy Bibby P00445891 8282542254 2025-08-13 2023 2025-03-06 01:10:19Z Paul H Hammes 180 Parkwood Drive Elkin NC 28621 2265054 false X www.hughchatham.org X 1997 NC TO SUPPORT HUGH CHATHAM MEMORIAL HOSPITAL, INC. 23 22 0 38 0 0 268361 715043 0 0 263905 246453 -20690 147134 511576 1108630 79883 210788 0 0 32572 34643 0 0 42303 182306 53341 294761 298772 216815 809858 4753463 7398090 0 1523800 4753463 5874290 TO CONSISTENTLY DELIVER EXCEPTIONAL QUALITY AND SERVICE BY DEMONSTRATING THE VALUES OF RESPECT, INTEGRITY, INNOVATION, FISCAL RESPONSIBILITY AND ACCOUNTABILITY. TO BE AN OUTSTANDING COMMUNITY HEALTHCARE ORGANIZATION, WITH SERVICE AS OUR GUIDING PRINCIPLE. false false 219449 210788 0 THE HUGH CHATHAM MEMORIAL HOSPITAL FOUNDATION HAS ONE PURPOSE AND THAT PURPOSE IS TO ASSIST HUGH CHATHAM MEMORIAL HOSPITAL IN SEEKING NEEDED PHILANTHROPIC DOLLARS. "SHARING THE VISION" IS THE NAME THAT HAS BEEN GIVEN TO THE LARGEST CAPITAL FUNDRAISING CAMPAIGN IN THE HISTORY OF HUGH CHATHAM MEMORIAL. IT IS BASED ON THE PHILANTHROPIC HISTORY THAT HAS ALWAYS EXISTED AT THIS HOSPITAL. IT BUILDS UPON THE GENEROSITY OF MANY OF THE FAMILIES WHO PROVIDED THE LAND AND THE FUNDS REQUIRED TO ESTABLISH HUGH CHATHAM MEMORIAL HOSPITAL. IT IS THE MISSION OF THE HUGH CHATHAM MEMORIAL HOSPITAL FOUNDATION TO PROVIDE THE CULTURE OF PHILANTHROPIC SUPPORT THAT WILL SUSTAIN THE HOSPITAL FOR GENERATIONS TO COME. 219449 true true false false false false false false true true false false false false true true true false false false false false false true false false true true true false false false false false false false false false false false false false true false false false true 7 0 true 0 false false false false false true true false false false false false false X 23 22 false false false false true true true true true false false true true true true true true true false false NC X X X Amy Redies 3365277595 PO Box 560 Elkin NC 28621 Debbie Brown Secretary 1.0 X X 0 0 0 Jim Harrell Jr Chairman 1.0 X X 0 0 0 Tom Flippin Treasurer 1.0 X X 0 0 0 Van Shore Vice Chair 1.0 X X 0 0 0 Al Sartain Board Member 1.0 X 0 0 0 Courtney Snyder Board Member 1.0 X 0 0 0 Don Hudson Board Member 1.0 X 0 0 0 Dr Muruganathan Subbiah Board Member 1.0 40.0 X 0 488986 84346 Dr Myra Cox Board Member 1.0 X 0 0 0 Eddie Settle Board Member 1.0 X 0 0 0 Frank Beals Board Member 1.0 X 0 0 0 Fred Chatham Board Member 1.0 X 0 0 0 Gambill Aldridge Board Member 1.0 X 0 0 0 Jennie Hess Board Member 1.0 X 0 0 0 Jerry Sidden Board Member 1.0 X 0 0 0 Matthew Schrum Board Member 1.0 X 0 0 0 Max Armentrout Board Member 1.0 X 0 0 0 Molli Jo Johnson Board Member 1.0 X 0 0 0 Phyllis Harris Board Member 1.0 X 0 0 0 Sly Best Board Member 1.0 X 0 0 0 Teresa Chatham Board Member 1.0 X 0 0 0 Thomas Eidson Board Member 1.0 X 0 0 0 Tony Cook Board Member 1.0 X 0 0 0 Paul Hammes CEO - Hospital 1.0 40.0 X 0 457089 83698 0 946075 168044 0 false true false 0 56100 658943 715043 0 0 0 0 0 68592 68592 0 0 1263966 1086105 177861 0 177861 177861 217453 56100 70319 147134 147134 0 0 0 0 0 1108630 0 0 393587 74498 74498 136290 136290 29920 7480 1496 20944 2228 557 111 1560 2495 624 125 1746 24593 24593 0 0 0 0 28748 10695 18053 0 0 0 0 298772 219449 37020 42303 961043 16114 0 2760723 500 0 0 0 0 0 81290 0 81290 81290 3710630 4539963 0 0 0 0 4753463 7398090 0 8596 1515204 0 0 0 0 0 1523800 X 3807007 5474289 946456 400001 4753463 5874290 4753463 7398090 X 809858 4525 306444 X X false true X true false X X 1 Hugh Chatham Memorial Hospital Inc 560642846 3 true 0 219449 1 0 219449 true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 618674 618674 618674 618674 618674 618674 618674 618674 618674 618674 1.0 0.0 0.0 false false 81290 81290 81290 0 X 2007256 923219 923219 1084037 24593 0 24593 1108630 206783 70319 70319 136464 24593 137715 162308 298772 Schedule D, Part V, Line 4 Intended uses of endowment funds THE FOUNDATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. ENDOWMENT ASSETS INCLUDE THOSE ASSETS DESIGNATED BY THE BOARD OF THE FOUNDATION WITH THE INTENT TO HOLD THE ASSETS IN PERPETUITY. UNDER THIS POLICY, AS APPROVED BY THE BOARD, THE ENDOWMENT ASSETS ARE INVESTED IN A MANNER THAT IS INTENDED TO PRODUCE RESULTS THAT EXCEED THE PRICE AND YIELD RESULTS OF THE S&P 500 INDEX WHILE ASSUMING A MODERATE LEVEL OF INVESTMENT RISK. THE FOUNDATION EXPECTS ITS ENDOWMENT FUNDS, OVER TIME, TO PROVIDE AN AVERAGE RATE OF RETURN ON EQUITY INVESTMENTS COMPARABLE TO THE S&P 500 AVERAGE AND A FIXED INCOME YIELD COMPARABLE TO MARKET INDICES ANNUALLY. ACTUAL RETURNS IN ANY GIVEN YEAR MAY VARY FROM THIS AMOUNT. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Hospital, Foundation, and Auxiliary are not-for-profit corporations as described in Section 501(c)(3) of the Internal Revenue Code and are exempt from federal income taxes on related income pursuant to Section 501(a) of the Code; accordingly, the accompanying financial statements do not reflect a provision or liability for federal and state income taxes. The Hospital has determined that it does not have any material unrecognized tax benefits or obligations as of September 30, 2024. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Special Event Expenses - 70319 NA Released From Restriction - 852900 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Special Event Expenses - 70319 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Adjustment to Grant Expense - 137715 Wine Auction/Gala 169696 27500 142196 335 3796 37605 Golf Tournament 103857 28600 75257 13950 5829 2000 6804 0 273553 56100 217453 13950 6164 5796 44409 70319 147134 true HUGH CHATHAM MEMORIAL HOSPITAL INC 180 PARKWOOD DR ELKIN NC 28621 560642846 501(C)(3) 74498 OPERATIONAL SUPPORT 1 0 Scholarships 76 136290 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds THE FOUNDATION GRANTS ASSISTANCE TO ITS SUPPORTED ORGANIZATION, HUGH CHATHAM MEMORIAL HOSPITAL. false false false false false false false false false Dr Muruganathan Subbiah Board Member 0 447149 0 40688 0 1149 0 52500 0 31846 0 573332 0 0 Paul Hammes CEO - Hospital 0 450216 0 0 0 6873 0 52500 0 31198 0 540787 0 0 Form 990, Part VI, Line 6 Classes of members or stockholders THE ORGANIZATION SHALL HAVE ONE CLASS OF MEMBERS ONLY, WHICH CLASS SHALL CONSIST OF ONE MEMBER, DESIGNATED AS THE "HOSPITAL." THE HOSPITAL SHALL BE THE NONPROFIT CORPORATION ORGANIZED AND PRESENTLY EXISTING PURSUANT TO THE LAWS OF THE STATE OF NORTH CAROLINA UNDER THE NAME HUGH CHATHAM MEMORIAL HOSPITAL, AND ANY SUCCESSOR TO SUCH CORPORATION RESULTING BY MERGER, CONSOLIDATION, OR CHANGE OF NAME. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body ANNUALLY, NOT LATER THAN THE MONTH OF NOVEMBER, THE HOSPITAL SHALL ELECT MEMBERS OF THE BOARD FOR TERMS COMMENCING ON THE FIRST DAY OF JANUARY NEXT FOLLOWING SUCH ELECTION DATE AND, EXCEPT AS PROVIDED IN THE BYLAWS, CONTINUING FOR THREE YEARS AND UNTIL THEIR RESPECTIVE SUCCESSORS SHALL HAVE BEEN ELECTED AND QUALIFIED. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders EXCEPT TO THE EXTENT EXEMPTED BY RESOLUTION OF THE HOSPITAL, ALL ACTIONS OF THE BOARD OR ITS COMMITTEE, AFTER BEING REVIEWED AND ADOPTED BY THE BOARD, SHALL BE SUBMITTED TO THE HOSPITAL FOR APPROVAL. Form 990, Part VI, Line 11b Review of form 990 by governing body THE RETURN WAS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM WITH SUPERVISION AND ASSITANCE BY MANAGMENT OF HUGH CHATHAM MEMORIAL HOSPITAL. THE RETURN WAS DISTRIBUTED TO ALL VOTING MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy ALL VOTING BOARD MEMBERS ARE REQUIRED TO REVIEW AND SIGN A CONFLICT OF INTEREST POLICY ANNUALLY. Form 990, Part VI, Line 15a Process to establish compensation of top management official COMPENSATION IS DETERMINED BY THE USE OF NORTH CAROLINA TABLE OF SALARIES FOR HOSPITALS IN OUR STATE WHICH IS PROVIDED BY THE HUMAN RESOURCES DEPARTMENT. SALARIES ARE SET BASED ON RATE AND YEARS OF EXPERIENCE IN THE JOB FOR WHICH YOU ARE APPLYING. YEARLY INCREASES ARE SET BY BOARD OF DIRECTORS FOR OVERALL EMPLOYEES WITHIN THE ORGANIZATION. Form 990, Part VI, Line 18 How forms are made available to the public PHOTOCOPIES OF THE FORM 990 ARE AVAILABLE UPON REQUEST AT THE ADMINISTRATIVE OFFICE OF HUGH CHATHAM MEMORIAL HOSPITAL. Form 990, Part VI, Line 19 Required documents available to the public PHOTOCOPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE ADMINISTRATIVE OFFICE OF HUGH CHATHAM MEMORIAL HOSPITAL. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Change in Restricted Net Assets - 306444; Form 990, Part XII, Line 2c Change of oversight process or selection process THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. Hugh Chatham Memorial Hospital 180 Parkwood Drive Elkin NC 28621 560642846 Healthcare NC 501(c)(3) 3 NA false Hugh Chatham Memorial Hospital Auxiliary 180 Parkwood Drive Elkin NC 28621 561199949 Gift/Thrift Store NC 501(c)(3) Type I Hugh Chatham Memorial Hospital false false true true false false false false false false false true true false true false true false false true