2025-11-14T11:51:50-06:00 2024-12-31 990 2024-01-01 561424818 ROWAN REGIONAL MEDICAL CENTER FOUNDATION INC ROWA 3362772411 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 ALICE POPE EVP & CFO 3362772411 2025-11-14 1 2024 2025-03-06 01:10:19Z NOVANT HEALTH ROWAN MEDICAL CENTER FOUNDATION CARL ARMATO 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 22527363 0 X WWW.SUPPORTNOVANTHEALTH.ORG X 1984 NC SEE SCHEDULE O 19 16 3 16 0 0 3688220 441290 0 0 1115514 2120908 -36599 0 4767135 2562198 3152217 1170781 0 0 342936 202751 0 0 143708 121778 167855 3616931 1541387 1150204 1020811 55243803 59597191 363735 417139 54880068 59180052 X SEE SCHEDULE O 0 0 1263070 1170781 0 THE ORGANIZATION OPERATES TO RAISE COMMUNITY SUPPORT AND FUNDING THROUGH CHARITABLE GIVING FOR ESSENTIAL PROGRAMS, IMPROVED FACILITIES, AND STATE-OF-THE-ART TECHNOLOGY OF NOVANT HEALTH ROWAN MEDICAL CENTER, A NON-PROFIT HOSPITAL LOCATED IN SALISBURY, NC. 1263070 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 3 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 19 16 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X X WENDI STOCKSTILL 3362772411 2085 FRONTIS PLAZA BLVD WINSTON SALEM NC 27103 AERIK WILLIAMS MD TRUSTEE 0.20 0.00 X 0 0 0 ALAN KING TRUSTEE 0.20 0.00 X 0 0 0 ALISHA BYRD-CLARK TRUSTEE 0.20 0.00 X 0 0 0 AMY WILSON MD SECRETARY 0.50 0.00 X X 0 0 0 ATLEE JOHNSON III MD TRUSTEE/UROLOGIST 0.20 45.00 X 0 508982 42742 BRYAN OVERCASH CHAIR (TO 12/31/24) 0.50 0.00 X X 0 0 0 ERIC MALLICO MD TRUSTEE/GENERAL SURGEON 0.20 45.00 X 0 1472890 54781 JOYCE GOODWIN TRUSTEE 0.20 0.00 X 0 0 0 KAY WILSON TRUSTEE 0.20 0.00 X 0 0 0 KELLY WITHERS TRUSTEE (FR 1/1/24) 0.20 0.00 X 0 0 0 MARK DOBY TRUSTEE (FR 1/1/24) 0.20 0.00 X 0 0 0 MELISSA ALCORN TRUSTEE 0.20 0.00 X 0 0 0 MICHAEL ARON TRUSTEE (TO 12/31/24) 0.20 0.00 X 0 0 0 MICHAEL TROPSHA TRUSTEE (FR 1/1/24) 0.20 0.00 X 0 0 0 SAMANTHA HASPEL TRUSTEE (TO 12/31/24) 0.20 0.00 X 0 0 0 STARLING JOHNSON TRUSTEE 0.20 0.00 X 0 0 0 STEPHEN BULLOCK VICE CHAIR 0.50 0.00 X X 0 0 0 WILLIAM GRAHAM TRUSTEE (TO 12/31/24) 0.20 0.00 X 0 0 0 WILLIAM STATON TREASURER 0.50 0.00 X X 0 0 0 ALICE POPE EVP/CFO (FR 4/29/24) 0.20 50.00 X 0 991687 183469 AMY MAHER EXEC DIRECTOR (TO 12/31/24) 50.00 0.00 X 0 210521 31110 DOROTHY ANN CAULKINS SVP FDN (TO 6/1/24) 8.00 42.00 X 0 803158 39237 GEOFFREY GARDNER CFO (TO 4/28/24) 0.20 50.00 X 0 1254252 45078 SHARON HARRINGTON VP CHIEF PHILANTHROPY OFF(FR 6/2/24) 8.00 42.00 X 0 290978 14848 KIMBERLY HENDERSON FMR OFFICER (12/31/19) 0.00 50.00 X 0 1421376 199453 0 6953844 610718 0 1 1 0 0 12000 429290 441290 742256 742256 21343817 19965165 1378652 1378652 1378652 2562198 0 0 2120908 1086460 1086460 84321 84321 163289 22860 52253 88176 7814 1094 2501 4219 16700 2339 5344 9017 14948 2093 4783 8072 45894 45894 48794 32631 6014 10149 22380 11190 11190 6682 946 3108 2628 76 11 24 41 6310 451 4121 1738 200 28 64 108 12592 12592 51 51 OTHER SUPPLIES 17009 1709 7650 7650 MEDICAL SUPPLIES 3249 3249 MISCELLANEOUS 1855 909 946 REPAIRS AND MAINTENANCE 1428 1428 1335 187 428 720 1541387 1263070 134609 143708 3425181 4108940 2153434 1189553 26000 26000 26000 38922993 42299874 10716195 11972824 55243803 59597191 18688 3796 345047 413343 363735 417139 X 49009732 53434239 5870336 5745813 54880068 59180052 55243803 59597191 X 1020811 2618568 660605 X 0 1 X 1 0 X 3466455 6169941 5715254 3688220 441290 19481160 3466455 6169941 5715254 3688220 441290 19481160 11457722 8023438 540657 598190 579365 641514 742256 3101982 0 1401 0 0 0 1401 22584543 0.35530 0.38050 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5870336 444145 67932 636600 5745813 4837945 2061246 93519 6409 1115965 5870336 3410693 1925933 -32401 7054 459226 4837945 13471155 2270590 60533 6395 12385190 3410693 12096376 1788166 25151 10805 427733 13471155 0.00000 1.00000 0.00000 0 0 26000 26000 26000 OTHER SECURITIES 11972824 F 11972824 0 OTHER LIABILITIES 191290 DUE TO AFFILIATES 222053 413343 X PART V, LINE 4: PART V, LINE 4 - INTENDED USES FOR ENDOWMENT FUNDS THE SNIDER ENDOWMENT FUND & THE BUSBY ENDOWMENT FUND PROVIDE SUPPORT FOR STAFF EDUCATION. THE JOHN CAMPBELL MEMORIAL ENDOWMENT FUND AWARDS COLLEGE SCHOLARSHIPS TO HIGH SCHOOL SENIORS. THE HOSPICE ENDOWMENT FUND PROVIDES SUPPORT FOR PATIENTS AND FAMILY MEMBER SERVICES NOT COVERED BY INSURANCE. ADDITIONAL RESTRICTED SPENDING INCLUDES SUPPORT FOR SCHOLARSHIP PROGRAMS, THE EMPLOYEE ASSISTANCE PROGRAM, MEDICAL STAFF DEVELOPMENT, PATIENT ASSISTANCE, AND OTHER PROGRAMS BENEFITTING THE HOSPITAL. PART X, LINE 2: PART X, LINE 2: LIABILITY UNDER FIN 48 (ASC 740) FOOTNOTE 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, 2024 AND 2023. 1 NOVANT HEALTH INC 2085 FRONTIS PLAZA BLVD WINSTONSALEM NC 27103 561376950 501(C)(3) 1025094 0 TO SUPPORT NOVANT HEALTH ROWAN MEDICAL CENTER THE PRESBYTERIAN HOSPITAL 2085 FRONTIS PLAZA BLVD WINSTONSALEM NC 27103 560554230 501(C)(3) 8000 0 TO SUPPORT NOVANT HEALTH PRESBYTERIAN MEDICAL CENTER COUNTY OF ROWAN 130 WEST INNES STREET SALISBURY NC 28144 566000336 GOVERNMENT 53366 0 TO SUPPORT ROWAN COUNTY HEALTH DEPARTMENT 3 0 TEAM MEMBER ASSISTANCE (EMPLOYEE EMERGENCY FUND) 20 14930 MAMMOGRAMS 119 27252 MEDICATION FOR INDIGENT PATIENTS 1 16 FMV MEDICATION FOR INDIGENT PATIENTS PATIENT ASSISTANCE 93 3206 PATIENT TRANSPORTATION 30 22717 FMV TRANSPORTATION FARE FOR INDIGENT PATIENTS SCHOLARSHIPS 3 3000 PATIENT ASSISTANCE - ZOLL VEST 4 13200 FMV ZOLL LIFE VESTS PART I, LINE 2: PART I, LINE 2 : PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS THE FILING ORGANIZATION IS PART OF THE INTEGRATED HEALTHCARE SYSTEM OPERATED BY NOVANT HEALTH, INC. ("NOVANT HEALTH"), THE PARENT ORGANIZATION. NOVANT HEALTH'S BYLAWS AUTHORIZE IT TO ESTABLISH CERTAIN POLICIES FOR ALL OF ITS SUBSIDIARIES WITHIN THE SYSTEM. NOVANT HEALTH HAS ESTABLISHED A SYSTEM-WIDE CORPORATE POLICY WITH STANDARDIZED GUIDELINES THAT ARE TO BE USED IN REVIEWING THE ELIGIBILITY AND SELECTION OF GRANTEES RECEIVING CERTAIN EXEMPT PURPOSE FUNDS. THE FILING ORGANIZATION MAINTAINS DOCUMENTATION OF THE ELIGIBILITY AND SELECTION CRITERIA AND RECORDS OF THE AMOUNTS ARE MAINTAINED VIA THE GENERAL LEDGER. FUNDS ARE GENERALLY NOT TRACKED AFTER BEING GRANTED, AS THE ORIGINAL ELIGIBILITY AND SELECTION CRITERIA HAVE ALREADY BEEN MET. 1 1 0 0 0 0 0 0 0 KIMBERLY HENDERSON FMR OFFICER (12/31/19) 0 807422 0 498449 0 115505 0 168921 0 30532 0 1620829 0 59922 ERIC MALLICO MD TRUSTEE/GENERAL SURGEON 0 622748 0 735939 0 114203 0 20700 0 34081 0 1527671 0 0 GEOFFREY GARDNER CFO (TO 4/28/24) 0 457268 0 732220 0 64764 0 20700 0 24378 0 1299330 0 22093 ALICE POPE EVP/CFO (FR 4/29/24) 0 824247 0 0 0 167440 0 173333 0 10136 0 1175156 0 0 DOROTHY ANN CAULKINS SVP FDN (TO 6/1/24) 0 160279 0 335344 0 307535 0 10620 0 28617 0 842395 0 53040 ATLEE JOHNSON III MD TRUSTEE/UROLOGIST 0 238807 0 223148 0 47027 0 16929 0 25813 0 551724 0 0 SHARON HARRINGTON VP CHIEF PHILANTHROPY OFF(FR 6/2/24) 0 227170 0 41184 0 22624 0 14319 0 529 0 305826 0 0 AMY MAHER EXEC DIRECTOR (TO 12/31/24) 0 184632 0 25244 0 645 0 7549 0 23561 0 241631 0 0 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, LINE 4A-C: SEVERANCE, NONQUALIFIED, AND EQUITY-BASED PAYMENTS SEVERANCE DOROTHY ANN CAULKINS $218,478 NONQUALIFIED KIMBERLY HENDERSON $62,883 DOROTHY ANN CAULKINS $55,503 GEOFFREY GARDNER $22,093 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, PI, L1: ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES NOVANT HEALTH, INC. IS A NON-PROFIT INTEGRATED NETWORK OF MORE THAN 900 LOCATIONS, INCLUDING 19 MEDICAL CENTERS, MORE THAN 750 PHYSICIAN CLINICS AND URGENT CARE CENTERS, OUTPATIENT FACILITIES, AND IMAGING AND PHARMACY SERVICES. NOVANT HEALTH'S MORE THAN 40,000 TEAM MEMBERS ALONG WITH MORE THAN 8,500 INDEPENDENT AND EMPLOYED CLINICIANS CARE FOR PATIENTS AND COMMUNITIES IN NORTH CAROLINA AND SOUTH CAROLINA. 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 2024, NOVANT HEALTH PROVIDED MORE THAN 7 MILLION PATIENT VISITS AND OVER $1.6 BILLION OF COMMUNITY BENEFIT EXPENDITURES SYSTEM-WIDE. ROWAN REGIONAL MEDICAL CENTER FOUNDATION ("RRMCF") IS AN INTEGRAL PART OF THE NOVANT HEALTH. RRMCF, DOING BUSINESS AS NOVANT HEALTH ROWAN MEDICAL CENTER FOUNDATION, EXISTS TO SEEK GRANTS, ACCEPT GIFTS, INVEST FUNDS, AND ADMINISTER DONATIONS IN SUPPORT OF NOVANT HEALTH ROWAN MEDICAL CENTER ("NHRMC"). RRMCF'S MISSION IS TO SUPPORT THE NOVANT HEALTH SYSTEM IN IMPROVING THE HEALTH OF OUR COMMUNITIES, ONE PERSON AT A TIME. RRMCF SUPPORTS PATIENTS, FAMILIES, CAREGIVERS, AND TEAM MEMBERS WITH PROGRAMS AND SERVICES PROVIDING EXPANDED CARE, TREATMENT AND PREVENTION OPTIONS AT NHRMC. RRMCF ALSO PROVIDES MISSION-ALIGNED GRANTS TO COMMUNITY PARTNERS THAT HELP SUPPLEMENT HEALTHCARE AND PREVENTION PROGRAMS FOR UNDERSERVED AND UNINSURED PATIENTS. ITS DIVERSE BOARD OF COMMUNITY LEADERS IN ROWAN COUNTY, NORTH CAROLINA PROVIDES STEWARDSHIP AND OVERSIGHT OF THE ORGANIZATION'S OPERATIONS AND ACTIVITIES. COMMUNITY OUTREACH IS A CRITICAL COMPONENT TO THE MISSION OF NOVANT HEALTH. THE HEALTHCARE SYSTEM PROVIDES HUNDREDS OF PROGRAMS THAT SERVE PATIENTS, NEIGHBORS, AND SOME OF THE COMMUNITIES' MOST VULNERABLE CITIZENS. NOVANT HEALTH ALSO PROVIDES FINANCIAL ASSISTANCE (I.E., CHARITY CARE) FOR ITS QUALIFIED UNINSURED PATIENTS, CATASTROPHIC SETTLEMENTS AND LONG-TERM PAYMENT PLANS TO MEDICALLY INDIGENT PATIENTS, SERVICES TO PATIENTS WITH MEDICARE, MEDICAID, AND OTHER GOVERNMENT MEDICAL PROGRAM COVERAGE (REIMBURSED AT LESS THAN COST), COMMUNITY HEALTH EDUCATION, SUPPORT GROUPS, SUBSIDIZED OUTREACH SERVICES, AND COMMUNITY EVENTS/SCREENINGS. IN ADDITION, NOVANT HEALTH PARTICIPATES IN MEDICAL RESEARCH, AS WELL AS ACADEMIC HEALTH PROGRAMS AND PARTNERSHIPS WITH A DIVERSE GROUP OF ORGANIZATIONS TO PROVIDE OTHER COMMUNITY INITIATIVES. NOVANT HEALTH IS ALSO COMMITTED TO SUPPORTING THE COMMUNITIES IT SERVES THROUGH CHARITABLE CONTRIBUTIONS TO COMMUNITY-BASED PROGRAMS THAT IMPROVE HEALTH EQUITY AND UPWARD MOBILITY FOR THOSE WHO NEED IT MOST. TOWARD THAT GOAL, NOVANT HEALTH INVESTS IN COMMUNITY-BASED PROGRAMS THAT ALIGN WITH ITS TWO INVESTMENT PRIORITIES OF DEVELOPING HEALTHY COMMUNITIES AND EXPANDING OPPORTUNITIES FOR HEALTHCARE EDUCATION. IN 2024, RRMCF'S GIFTS, GRANTS, AND EARNINGS FROM INVESTMENTS WERE USED TO SUPPORT MANY PATIENT AND COMMUNITY OUTREACH PROGRAMS. EXAMPLES OF FINANCIAL SUPPORT PROVIDED TO NHRMC INCLUDE: - TELEHEALTH SERVICES FOR MENTAL HEALTH IN ROWAN SALISBURY K-12 SCHOOLS TO ADDRESS THE RISING TIDE OF MENTAL HEALTH CRISIS CASES IN ROWAN COUNTY. RRMCF INVESTS IN EMERGENCY TELEHEALTH SERVICES FOR CRISES MANAGEMENT AND SUPPORT SERVICES DURING SCHOOL HOURS. BY REMOVING BARRIERS SUCH AS TRANSPORTATION, SCHEDULING CONFLICTS AND STIGMA, SCHOOL BASED MENTAL HEALTH SERVICES CAN HELP STUDENTS ACCESS NEEDED SERVICES DURING THE SCHOOL DAY. THESE SERVICES ARE AVAILABLE IN EVERY SCHOOL IN ROWAN COUNTY. - MAMMOGRAM SERVICES AND FOLLOW UP BREAST CARE FOR WOMEN IN ROWAN COUNTY. - TEAM MEMBER WELLNESS CENTER TO PROVIDE A GYM AND WELLNESS CENTER FOR NHRMC EMPLOYEES. - KISER FUNDING SUPPORT FOR NEW MEDICAL EQUIPMENT AND TRAINING TO IMPROVE PATIENT EXPERIENCE AND OUTCOMES. - OPERATIONAL FUNDING FROM CANCER FUNDS, WHICH PROVIDES EASE OF FINANCIAL BURDEN FOR CANCER PATIENTS BY ASSISTING WITH RENT, MORTGAGE, CAR PAYMENTS, UTILITIES AND MORE FOR PATIENTS UNDERGOING A CANCER BATTLE. - OPERATIONAL FUNDING FOR MOBILE CARE CRUISER, A HEALTH EQUITY INITIATIVE. ROWAN COUNTY RESIDENTS WITH LIMITED RESOURCES OR NO INSURANCE THAT HAVE DIFFICULTY PREVENTING SICKNESS OFTEN TURN TO THE EMERGENCY DEPARTMENTS AT OUR LOCAL HOSPITALS AS THEIR PRIMARY SOURCE OF HEALTHCARE. MOBILE CRUISERS OFFER COST EFFECTIVE PREVENTION SERVICES THAT ALLOW PEOPLE TO LIVE LONG AND HEALTHY LIVES AND ELIMINATE BARRIERS TO HEALTHCARE ACCESS. WITH THE MOBILE CARE CRUISER, MEDICAL CARE IS TAKEN DIRECTLY TO OUR PATIENTS, RIGHT WHERE THEY LIVE AND WORK. - EXPANSION FUNDING FOR THE CARDIO-PULMONARY REHABILITATION PROGRAM, A MEDICALLY SUPERVISED WELLNESS PROGRAM IMPROVING THE SURVIVAL IN PATIENTS AFFLICTED WITH HEART DISEASE BY MORE THAN 50%. EXPANSION FUNDING COVERS THE COMPLETION/UPFIT OF NEW SPACE INTO A STATE-OF-THE-ART FACILITY, WELLNESS SERVICES TO IMPROVE OUTCOMES FOR CANCER PATIENTS/SURVIVORS, HIRING NEW TEAM MEMBERS DEDICATED TO THE PROGRAM, AND PROVIDING SCHOLARSHIPS FOR UNDER-PRIVILEGED PATIENTS. - OPERATIONAL FUNDING FOR HOSPICE HOUSE AND IN-KIND DONATIONS OF SPECIAL CARE ITEMS FOR PATIENTS AND THEIR FAMILIES. - COLLEGE SCHOLARSHIPS FOR STUDENTS ENTERING THE FIELD OF HEALTHCARE STUDIES. - OPERATIONAL FUNDING FOR THE BRIDGES TO HEALTHCARE PROGRAM, PROVIDING PAID HEALTHCARE-RELATED INTERNSHIPS TO HIGH-PERFORMING HIGH SCHOOL STUDENTS IN UNDERREPRESENTED COMMUNITIES IN ROWAN COUNTY. THIS PROGRAM AIMS TO HELP CLOSE SKILL AND WEALTH GAPS, INCREASE ECONOMIC MOBILITY, INCREASE THE PIPELINE OF SKILLED HEALTHCARE STAFF AND ENCOURAGE DIVERSITY AND INCLUSION IN THE WORKPLACE. - OPERATIONAL FUNDING FOR UPWARD MOBILITY FUND, A WORKFORCE INITIATIVE. THROUGH THE UPWARD MOBILITY RN SCHOLARSHIP PROGRAM, RRMCF SUPPORTS HIGHLY SKILLED TEAM MEMBERS WITH CAREER GOALS, WHILE PROVIDING A LIVING WAGE THAT RAISES THE PARTICIPANT OUT OF POVERTY. EACH TEAM MEMBER PARTICIPANT RECEIVES UP TO TWO YEARS OF UPFRONT COVERAGE OF TUITION AND FEES FOR AN ACCREDITED NURSING PROGRAM LEADING TO LICENSURE AS A REGISTERED NURSE, FLEXIBILITY OF WORKING A REDUCED SCHEDULE WITHOUT A REDUCTION IN PAY, TIME TO STUDY, CAREER COACHING AND MENTORSHIP. - NURSING CERTIFICATIONS, ENABLING NURSES TO BE CERTIFIED IN THEIR FIELD OF STUDY. - OPERATIONAL FUNDING FOR NOVANT HEALTH'S EMPLOYEE EMERGENCY FUND, SUPPORTING RENT & UTILITY PAYMENTS AND GROCERIES FOR TEAM MEMBERS FACING EMERGENCIES OR OTHER FINANCIAL CHALLENGES. - OPERATIONAL FUNDING FOR THE NHRMC TEAM CARE FUND THAT PROVIDES ON-SITE SUPPORT FOR OUR NHRMC TEAM MEMBERS, INCLUDING FOUR RESPITE ROOMS THAT ALLOW TEAM MEMBERS TO TAKE MENTAL HEALTH BREAKS. 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 6 FORM 990, PART VI, SECTION A, LINE 6: CLASSES OF MEMBERS OF STOCKHOLDERS THE ORGANIZATION IS A NON-PROFIT CORPORATION WITH MEMBERS (OR A MEMBER). THE ORGANIZATION HAS POWERS GRANTED BY THE STATE OF NORTH CAROLINA WHICH MAY BE AMENDED FROM TIME TO TIME IN ITS GOVERNING DOCUMENTS. FORM 990, PART VI, SECTION A, LINE 7A FORM 990, PART VI, SECTION A, LINE 7A: ELECTION OF MEMBERS AND THEIR RIGHTS THE NOVANT HEALTH ROWAN MEDICAL CENTER BOARD APPROVES APPOINTMENTS TO THE ROWAN REGIONAL MEDICAL CENTER FOUNDATION BOARD. FORM 990, PART VI, SECTION A, LINE 7B FORM 990, PART VI, SECTION A, LINE 7B: DECISIONS SUBJECT TO APPROVAL OF MEMBERS THE BOARD OF ROWAN HEALTH SERVICES, LLC APPROVES CHANGES MADE TO THE ROWAN REGIONAL MEDICAL CENTER FOUNDATION ARTICLES OF INCORPORATION. 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 NOVANT HEALTH'S TRUSTEE CONFLICT OF INTEREST POLICY, APPLICABLE TO THE FILING ORGANIZATION, 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 OFFICIAL, 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. THE ORGANIZATION DOES NOT HAVE ANY KEY EMPLOYEES AND THE ORGANIZATION'S ONLY OFFICERS, OTHER THAN THE TOP MANAGEMENT OFFICIAL, ARE STATE LAW BOARD OFFICERS. THESE EMPLOYEES DO NOT HOLD A CORPORATE POSITION OF INFLUENCE THAT RESULTS IN REVIEW OF THEIR COMPENSATION BY THE PARENT ORGANIZATION'S COMPENSATION AND LEADERSHIP COMMITTEE. 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. FORM 990, PART XI, LINE 9: AFFILIATE TRANSFERS 676,812. CONTRIBUTION ADJUSTMENT -16,207. 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