2025-11-17T05:43:49-06:00 2024-12-31 990 2024-01-01 581876553 LEXINGTON MEDICAL CENTER FOUNDATION INC LEXI 3367164445 PO BOX 1817 250 HOSPITAL DRIVE LEXINGTON NC 272931817 BRADLEY A CLARK TREASURER 3367164445 2025-11-15 0 2024 2025-03-06 01:10:19Z CHAD BROWN PO BOX 1817 250 HOSPITAL DRIVE LEXINGTON NC 272931817 310775 0 X WWW.WAKEHEALTH.EDU X 1989 NC TO PROMOTE AND ADVANCE CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES BY SUPPORTING AND OPERATING FOR THE BENEFIT OF AND TO CARRY OUT THE PURPOSES OF LEXINGTON MEDICAL CENTER (DBA ATRIUM HEALTH WAKE FOREST BAPTIST LEXINGTON MEDICAL CENTER). 20 19 0 65 0 0 77837 86918 0 0 0 0 42002 82914 119839 169832 143514 32259 0 0 0 0 0 0 0 17149 12400 160663 44659 -40824 125173 1968985 2094158 0 0 1968985 2094158 X SEE SCHEDULE O 0 0 43829 32259 PROMOTED AND ADVANCED CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES BY SUPPORTING AND OPERATING FOR THE BENEFIT OF AND TO CARRY OUT THE PURPOSES OF LEXINGTON MEDICAL CENTER (DBA ATRIUM HEALTH WAKE FOREST BAPTIST LEXINGTON MEDICAL CENTER). 43829 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 20 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 20 19 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X ATRIUM HEALTH WAKE FOREST BAPTIST 3367164445 MEDICAL CENTER BOULEVARD WINSTONSALEM NC 27157 BIRKE MCNEILL DIRECTOR 2.00 0.00 X 0 0 0 DAVID HUNEYCUTT DIRECTOR 2.00 0.00 X 0 0 0 GENE KLUMP VICE CHAIR 2.00 0.00 X X 0 0 0 JAMES BLACK MD DIRECTOR 2.00 0.00 X 0 0 0 JERI BOWYER DIRECTOR 2.00 0.00 X 0 0 0 JIMMY HOLSHOUSER DIRECTOR 2.00 0.00 X 0 0 0 KAY LEONARD CHAIR 2.00 0.00 X X 0 0 0 LARRY LINK DIRECTOR 2.00 0.00 X 0 0 0 MEREDITH ANDREWS DIRECTOR 2.00 0.00 X 0 0 0 MICHELLE O'BRYANT DIRECTOR 2.00 0.00 X 0 0 0 WILL MILLER DIRECTOR 2.00 0.00 X 0 0 0 KARL BOLSTAD MD DIRECTOR 2.00 0.00 X 0 0 0 ANN EASTER DIRECTOR 2.00 0.00 X 0 0 0 RANDY TURNER DIRECTOR 2.00 0.00 X 0 0 0 CHAD BROWN PRESIDENT 2.00 38.00 X X 0 537777 52385 WAYNE ALLEY DIRECTOR 2.00 0.00 X 0 0 0 GREG TURLINGTON DIRECTOR 2.00 0.00 X 0 0 0 JOE WATKINS DIRECTOR 2.00 0.00 X 0 0 0 DAN BRIGGS DIRECTOR 2.00 0.00 X 0 0 0 JOHN BECK DIRECTOR 2.00 0.00 X 0 0 0 BRADLEY A CLARK TREASURER 0.10 39.90 X 2513703 0 419389 DENISE HEGE SECRETARY 2.00 38.00 X 0 71692 15480 DANNY SQUIRES FINANCE DIRECTOR 1.00 39.00 X 0 273238 36460 WILLIAM B JAMES FORMER PRESIDENT 2.00 38.00 X 0 488622 0 2513703 1371329 523714 0 1 1 1 0 65911 18275 2732 86918 223857 65911 140943 82914 82914 169832 0 0 82914 32259 32259 3090 3090 9310 8480 830 44659 43829 830 0 1952174 2085535 2898 6880 13913 1743 1968985 2094158 0 0 X 1941178 1909138 27807 185020 1968985 2094158 1968985 2094158 125173 0 X 0 1 X 1 0 X X 1 LEXINGTON MEDICAL CENTER 560543238 3 1 32259 0 1 32259 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 X PART X, LINE 2: THE ORGANIZATION HAS EVALUATED UNCERTAIN TAX POSITIONS FOR ITS CALENDAR YEARS ENDED DECEMBER 31, 2024 AND 2023, INCLUDING A QUANTIFICATION OF TAX RISK IN AREAS SUCH AS UNRELATED BUSINESS TAXABLE INCOME AND THE TAXATION OF ITS JOINT VENTURES. THIS EVALUATION DID NOT HAVE A MATERIAL EFFECT ON THE ORGANIZATION'S FINANCIAL STATEMENTS FOR CALENDAR YEARS ENDED DECEMBER 31, 2024 AND 2023. SPORTSMEN'S SATURDAY 289768 65911 223857 18275 105366 0 5600 1050 10652 289768 65911 223857 18275 105366 5600 1050 10652 140943 82914 1 LEXINGTON MEDICAL CENTER PO BOX 1817 250 HOSPITAL DRIVE LEXINGTON NC 272931817 560543238 501(C)(3) 32259 0 SUPPORT MISSION AND OPERATIONS OF LMC 1 0 PART I, LINE 2: THE ORGANIZATION FOLLOWS THE MEDICAL CENTER'S CORPORATE POLICY USED IN REVIEWING THE ELIGIBILITY AND SELECTION OF GRANTEES RECEIVING CERTAIN EXEMPT PURPOSE FUNDS. THE ORGANIZATION MAINTAINS DOCUMENTATION OF THE ELIGIBILITY AND SELECTION CRITERIA AND RECORDS OF THE AMOUNTS DISBURSED. 1 1 0 0 0 0 0 0 0 BRADLEY A CLARK TREASURER 1697429 0 713004 0 103270 0 390217 0 29172 0 2933092 0 80691 0 CHAD BROWN PRESIDENT 0 351266 0 118768 0 67743 0 25389 0 26996 0 590162 0 43882 WILLIAM B JAMES FORMER PRESIDENT 0 0 0 111707 0 376915 0 0 0 0 0 488622 0 36210 DANNY SQUIRES FINANCE DIRECTOR 0 236293 0 33475 0 3470 0 16907 0 19553 0 309698 0 0 PART I, LINES 4A-B CERTAIN OFFICERS, DIRECTORS, KEY EMPLOYEES, AND HIGHLY COMPENSATED EMPLOYEES OF THE FILING ORGANIZATION PARTICIPATED IN AND/OR RECEIVED PAYMENTS FROM A NON-QUALIFIED DEFERRED COMPENSATION PLAN (RESTORATION OR SERP) AND/OR RECEIVED PAYMENTS FOR SEVERANCE. THE DETERMINATION OF THE PAYMENT AMOUNT FROM THE NON-QUALIFIED DEFERRED COMPENSATION PLANS FOLLOWED THE EMPLOYMENT ORGANIZATION'S COMPENSATION PROCEDURES. THE FOLLOWING DIRECTORS, OFFICERS, KEY EMPLOYEES, AND HIGHLY COMPENSATED EMPLOYEES RECEIVED PAYMENTS FOR SEVERANCE AND/OR FROM NON-QUALIFIED DEFERRED COMPENSATION PLANS DURING THE CURRENT TAX YEAR: SEVERANCE PAYMENTS: WILLIAM B. JAMES 340,704 NON-QUALIFIED DEFERRED COMPENSATION PAYMENTS: BRADLEY A. CLARK 362,617 CHAD BROWN 43,882 FORM 990, PART VII, LINE 5 - COMPENSATION FROM UNRELATED ORGANIZATION BRADLEY A. CLARK WAS COMPENSATED BY CHARLOTTE MECKLENBURG HOSPITAL AUTHORITY (CMHA, DOING BUSINESS AS ATRIUM HEALTH), AN AFFILIATED BUT UNRELATED ORGANIZATION, FOR SERVICES RENDERED TO THE ORGANIZATION. SEE PART VII AND SCHEDULE J FOR COMPENSATION. PART III, LINE 1, PROGRAM SERVICE ACCOMPLISHMENTS TO PROMOTE AND ADVANCE CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES BY SUPPORTING AND OPERATING FOR THE BENEFIT OF AND TO CARRY OUT THE PURPOSES OF LEXINGTON MEDICAL CENTER (DBA ATRIUM HEALTH WAKE FOREST BAPTIST LEXINGTON MEDICAL CENTER), A NOT FOR PROFIT CORPORATION EXEMPT FROM FEDERAL TAXATION UNDER IRC SECTION 501(C)(3). FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE ORGANIZATION IS LEXINGTON MEDICAL CENTER, A NORTH CAROLINA NONPROFIT ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A LEXINGTON MEDICAL CENTER (LMC), THE ORGANIZATION'S SOLE MEMBER, HAS THE POWER TO ELECT AND REMOVE OFFICERS. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS OF THE ORGANIZATION'S GOVERNING BODY WHICH REQUIRE APPROVAL BY THE SOLE MEMBER, LEXINGTON MEDICAL CENTER, INCLUDE AMENDMENTS TO CERTAIN FUNDAMENTAL DOCUMENTS (ARTICLES OF INCORPORATION AND BYLAWS) AND ELECTION AND REMOVAL OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FILING ORGANIZATION'S BOARD RECEIVES A COPY OF THE FORM 990 WITH SUFFICIENT TIME TO PERMIT REVIEW, COMMENT, AND QUESTIONS PRIOR TO ITS FILING. IF MODIFICATIONS ARE REQUIRED FOLLOWING SUCH REVIEW AND COMMENT, THE REVISED FORM 990 IS REDISTRIBUTED PRIOR TO ITS FILING WITH THE IRS, ALONG WITH A REPORT NOTING THE MODIFICATIONS. FORM 990, PART VI, SECTION B, LINE 12C THE BYLAWS OF THE ORGANIZATION HAVE CONFLICT OF INTEREST PROVISIONS WHICH ARE REVIEWED, ACCEPTED, AND SIGNED BY EACH OFFICER AND VOTING BOARD MEMBER ON AN ANNUAL BASIS. PURSUANT TO THESE PROVISIONS EACH OFFICER AND BOARD MEMBER WILL RECUSE THEMSELVES FROM ANY DISCUSSION AND VOTE FOR WHICH A CONFLICT EXISTS FOR THEMSELVES OR THEIR FAMILY. DETERMINATIONS OF WHETHER A CONFLICT EXISTS ARE MADE AT A MANAGEMENT, BOARD MEMBER, OFFICER, AND INDIVIDUAL LEVEL. ACTUAL CONFLICTS ARE REVIEWED WITHOUT THE PRESENCE OF THE INTERESTED PARTY. FORM 990, PART VI, SECTION B, LINE 15 THE FILING ORGANIZATION DOES NOT PAY COMPENSATION TO DIRECTORS FOR THEIR EFFORT DEVOTED TO THE ORGANIZATION. CERTAIN OFFICERS AND DIRECTORS ARE EMPLOYED BY UNRELATED BUT AFFILIATED ORGANIZATIONS, WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER (WFUBMC) AND CHARLOTTE MECKLENBURG HOSPITAL AUTHORITY (CMHA) AND THE DETERMINATION OF THE COMPENSATION OF SUCH INDIVIDUALS IS CONDUCTED VIA THE PROCESS UTILIZED BY THE WFUBMC BOARD, AS FOLLOWS: THE ADVOCATE HEALTH COMPENSATION AND BENEFITS COMMITTEE ("THE COMMITTEE") OF THE ADVOCATE HEALTH, INC. BOARD OF DIRECTORS ("THE BOARD") HAS AUTHORITY AS THE WFUBMC BOARD DELEGATES TO IT, FOR THE REVIEW AND APPROVAL OF EXECUTIVE COMPENSATION. NO MEMBER OF THE COMMITTEE IS AN EMPLOYEE OF WFUBMC OR THE FILING ORGANIZATION. THE COMMITTEE RELIES UPON AN EXTERNAL, INDEPENDENT COMPENSATION CONSULTANT RETAINED DIRECTLY BY THE COMMITTEE TO PROVIDE THIRD-PARTY COMPENSATION COMPARABILITY DATA FOR EVALUATING THE COMPETITIVENESS AND REASONABLENESS OF EXECUTIVE COMPENSATION AND BENEFITS PROGRAMS RELATIVE TO MARKET PRACTICES FOR SIMILARLY SITUATED HEALTHCARE ORGANIZATIONS. IN EVALUATING COMPENSATION, THE COMMITTEE FOLLOWS CORPORATE GOVERNANCE BEST PRACTICE SUCH AS ADHERENCE TO THE COMPANY'S EXECUTIVE COMPENSATION PHILOSOPHY AND REVIEW PROCESSES; PROCESSES TO ENSURE COMMITTEE MEMBER AND COMPENSATION CONSULTANT INDEPENDENCE; DATA FROM HEALTHCARE ORGANIZATIONS OF COMPARABLE SIZE, STRUCTURE, AND COMPLEXITY; AND ESTABLISHMENT OF THE REBUTTABLE PRESUMPTION OF REASONABLENESS, PER IRS GUIDELINES. MINUTES OF THE DELIBERATIONS OF THE COMMITTEE ARE MAINTAINED IN THE ADVOCATE HEALTH, INC. LEGAL DEPARTMENT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S ARTICLES OF INCORPORATION ARE AVAILABLE TO THE PUBLIC ON REQUEST AND ARE AVAILABLE ON THE WEBSITE OF THE NORTH CAROLINA SECRETARY OF STATE. THE ORGANIZATION'S BYLAWS ARE NOT PUBLISHED, BUT PROVISIONS FROM THE BYLAWS ARE INCLUDED AS NECESSARY IN THE ORGANIZATION'S POLICIES, AND ARE ATTACHED TO THE FORM 1023 FILED FOR THE ORGANIZATION WITH THE IRS, WHICH IS PUBLICLY AVAILABLE. THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON REQUEST. LEXINGTON MEDICAL CENTER 250 HOSPITAL DRIVE LEXINGTON NC 27292 560543238 HEALTHCARE NC 501(C)(3) LINE 3 WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER 0 WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER MEDICAL CENTER BOULEVARD WINSTON SALEM NC 27157 510190238 HEALTHCARE NC 501(C)(3) LINE 12A, I 0 NORTHWEST COMMUNITY CARE NETWORK 2000 W 1ST STREET WINSTON SALEM NC 27104 020774853 HEALTHCARE NC 501(C)(3) LINE 7 WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER 0 FAITHHEALTH INNOVATIONS INC MEDICAL CENTER BOULEVARD WINSTON SALEM NC 27157 237426944 HEALTHCARE NC 501(C)(3) LINE 10 WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER 0 DAVIE MEDICAL CENTER (TO 3224) 329 NC HWY 801N BERMUDA RUN NC 27006 562276994 HEALTHCARE NC 501(C)(3) LINE 3 WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER 0 WRMC HOSPITAL OPERATING CORPORATION PO BOX 609 NORTH WILKESBORO NC 28659 830343789 HEALTHCARE NC 501(C)(3) LINE 3 WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER 0 HIGH POINT REGIONAL HEALTH PO BOX HP-5 HIGH POINT NC 27261 560532309 HEALTHCARE NC 501(C)(3) LINE 3 WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER 0 HIGH POINT REGIONAL HEALTH FOUNDATION 601 N ELM STREET HIGH POINT NC 27261 272854711 SUPPORTING ORGANIZATION NC 501(C)(3) LINE 12A, I HIGH POINT REGIONAL HEALTH 0 WILKES MEDICAL CENTER FOUNDATION 1370 WEST D STREET NORTH WILKESBORO NC 28659 822345613 SUPPORTING ORGANIZATION NC 501(C)(3) LINE 12A, I WRMC HOSPITAL OPERATING CORPORATION 0 MS LAND HOLDING CO 1901 MOONEY STREET WINSTON SALEM NC 27103 824005370 REAL ESTATE NC N/A 0 0 HHI-WS LLC 1201 EDWARDS MILL RD ST 300 RALEIGH NC 27607 874035164 INVESTMENT NC N/A 0 0 HIGH POINT HEALTH CARE VENTURES INC 601 NORTH ELM STREET HIGH POINT NC 27262 561497164 REAL ESTATE NC N/A C 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 1