Novant Health Uva Health System
SEE SCHEDULE O
IRS Tax Year 2022
Period ending June 30, 2023
Total Revenue
$3.7M
Total Expenses
$45.0M
Net Assets
$-293.1M
Employees
0
Volunteers
2
Program Expense Ratio
100.0%
This nonprofit profile presents IRS Form 990 tax filing data for Novant Health Uva Health System (EIN: 81-0868533), based on the 2022 tax year annual return filed with the Internal Revenue Service.
Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, detailed executive pay breakdowns, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.
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Financial Health
Transparency
Compensation
Program Effectiveness
Financial Stability
Risk Flags
Indicators derived from IRS Form 990 data. Not financial advice.
Novant Health Uva Health System is a 501(c)(3) nonprofit headquartered in WINSTON SALEM, NC, founded in 2016. It is classified under NTEE code H11 (Single Organization Support), within the Medical Research category. The organization has held tax-exempt status since 2016. In its 2022 filing, the organization reported $3.7M in total revenue, a 80.4% decrease from the prior year, and $45.0M in total expenses. The organization engaged 2 volunteers. KENNETH CRAIG KENT MD, CHAIR (UVA EMPLOYEE), is the highest-compensated individual at $1,566,146. The organization runs 1 program, totaling $45.0M in program expenses. 4 of 6 recommended governance policies are in place.
Novant Health Uva Health System is classified under NTEE code H11 (Single Organization Support), which falls within the Medical Research category. Its foundation type is 21.
Programs(Tax Year 2022)
1 record
Novant Health Uva Health System operates 1 program, with total program expenses of $45.0M. Novant Health Uva Health System's largest program accounts for 100% of total program spending.
UVA COMMUNITY HEALTH INC. SUPPORTS UVA HEALTH SYSTEM'S VIRGINIA OPERATIONS, WHICH INCLUDE UVA CULPEPER MEDICAL CENTER, UVA PRINCE WILLIAM MEDICAL CENTER INCLUDING UVA HAYMARKET MEDICAL CENTER, UVA CATON MERCHANT HOUSE ASSISTED LIVING, AND UVA PRINCE WILLIAM HEALTH SYSTEM, WHOSE OPERATIONS INCLUDE UVA CANCER CENTER GAINESVILLE, UVA OUTPATIENT IMAGING CENTERVILLE, AND THE UVA COMMUNITY HEALTH PHYSICIAN CLINICS.
Financial Overview(Tax Years 2019–2022)
4 records
Over the past 4 years, Novant Health Uva Health System's revenue has declined from $21.0M to $3.7M, a 82.2% decrease. Program expenses represent 100% of total spending.
Revenue decreased 80.4% year-over-year, while expenses grew 57.3%. net assets fell to $-293.1M, down 72.5% from the prior year. the organization reduced headcount by 9 employees.
Novant Health Uva Health System derives 99% from program services, with 1% from investment income.
Revenue is heavily concentrated: 99% comes from program service revenue, indicating limited diversification.
Revenue declined by 80.4% and expenses grew by 57.3% year over year.
Over 4 filings from 2019–2022, Novant Health Uva Health System declined revenue from $21.0M to $3.7M (-82.2%) while maintaining a program expense ratio of 100%.
Novant Health Uva Health System holds $15.4M in total assets against $308.5M in liabilities (debt-to-asset ratio of 1999%). Cash and equivalents of $15.4M cover approximately 4.1 months of expenses.
Revenue
| Year | Total Revenue | Contributions | Gov't Grants | Program Revenue | Investment |
|---|---|---|---|---|---|
| 2022 | $3.7M | $0 | $0 | $3.7M | $47K |
| 2021 | $19.1M | $0 | $0 | $19.1M | $12K |
| 2020 | $20.8M | $0 | $0 | $20.8M | $0 |
| 2019 | $21.0M | $0 | $0 | $21.0M | $0 |
Expenses
| Year | Total Expenses | Program | Management | Fundraising | Grants Paid |
|---|---|---|---|---|---|
| 2022 | $45.0M | $45.0M | $0 | $0 | $0 |
| 2021 | $28.6M | $25.6M | $3.0M | $0 | $0 |
| 2020 | $26.2M | $24.7M | $1.5M | $0 | $0 |
| 2019 | $26.4M | $24.7M | $1.6M | $0 | $0 |
Program Expense Ratio
100.0%
Admin Expense Ratio
—
Fundraising Efficiency
—
Operating Reserve
-78.1 mo
People & Compensation(Tax Year 2022)
15 records
Novant Health Uva Health System reported compensation for 15 officers and key employees. Total officer compensation was $8.2M, representing 18.2% of total expenses. 8 individuals received total compensation exceeding $500,000.
Novant Health Uva Health System's highest-compensated individual received $1.6M in total compensation. Total officer compensation of $8.2M represents 18.2% of total expenses. 1 individual received total compensation exceeding $1,000,000.
| Name | Title | Type | Hours/wk | Comp from Org | Related Orgs | Total |
|---|---|---|---|---|---|---|
| KENNETH CRAIG KENT MD | CHAIR (UVA EMPLOYEE) | OfficerDirector | 0.20 | $0 | $1,318,071 | $1,566,146 |
| ERIK SHANNON | CH SYSTEM CEO / PRESIDENT | Officer | 50.00 | $0 | $923,136 | $925,348 |
| DOUGLAS M LISCHKE | TRUSTEE (UVA EMPLOYEE) | Director | 0.20 | $0 | $633,453 | $749,963 |
| CHARLES CODER | CH SYSTEM CFO & TREASURER | Officer | 50.00 | $0 | $617,644 | $663,500 |
| DOUGLAS MARKERT | VP, CHIEF CLINICAL OFFICER | Key Employee | 50.00 | $0 | $607,809 | $650,253 |
| JASON C LINEEN | TRUSTEE (UVA EMPLOYEE) | Director | 0.20 | $0 | $575,108 | $639,193 |
| ZAN ZAIDI | VP, CHIEF MEDICAL OFFICER | Key Employee | 50.00 | $0 | $576,491 | $623,929 |
| DONNA STATON | CH SYSTEM COO | Officer | 25.00 | $0 | $510,722 | $558,116 |
| MARY FRANCES SOUTHERLAND | INTERIM SEC. (UVA EMPLOYEE) | OfficerDirector | 0.20 | $0 | $449,489 | $486,896 |
| CHRISTOPHER R HEATON | TRUSTEE (PWHS EMPLOYEE) | Director | 0.40 | $0 | $413,954 | $467,293 |
| MICHELLE STRIDER | VP CHIEF QUALITY OFFICER / CNO | Key Employee | 50.00 | $0 | $290,725 | $328,382 |
| SARA WHITE | SR DIRECTOR OF FINANCE | Key Employee | 25.00 | $0 | $269,170 | $304,426 |
| KIMBERLY B CONQUEST | SR DIRECTOR OF MKTG & COMM | Key Employee | 50.00 | $0 | $237,928 | $252,590 |
| STEVEN M DANZIGER | VICE CHAIR | OfficerDirector | 0.20 | $0 | $0 | $0 |
| CHARLES BARRELL | TRUSTEE | Director | 0.20 | $0 | $0 | $0 |
Compensation Breakdown
Schedule J detail — base, bonus, benefits, and executive perks
KENNETH CRAIG KENT MD
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
ERIK SHANNON
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
DOUGLAS M LISCHKE
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
CHARLES CODER
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
DOUGLAS MARKERT
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
JASON C LINEEN
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
ZAN ZAIDI
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
DONNA STATON
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
MARY FRANCES SOUTHERLAND
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
CHRISTOPHER R HEATON
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
MICHELLE STRIDER
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
SARA WHITE
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
KIMBERLY B CONQUEST
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
Governance & Compliance(Tax Year 2022)
Novant Health Uva Health System has 4 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 7 members, 2 of whom are independent.
Novant Health Uva Health System's financial statements are audited.
Policies & Oversight
Audit & Financial Oversight
Filing History(Tax Years 2016–2022)
4 records
Showing the 4 Form 990 filings currently in our system.
| Tax Year | Form | Period | Revenue | Expenses | Net Assets |
|---|---|---|---|---|---|
| 2022 | 990 | 2022-07-01 – 2023-06-30 | $3.7M | $45.0M | $-293.1M |
| 2021 | 990 | 2021-01-01 – 2021-12-31 | $19.1M | $28.6M | $-169.9M |
| 2020 | 990 | 2020-01-01 – 2020-12-31 | $20.8M | $26.2M | $-8.4M |
| 2019 | 990 | 2019-01-01 – 2019-12-31 | $21.0M | $26.4M | $-9.2M |
| 2016–2018 | No filings acquired yet | ||||
Frequently Asked Questions
What does Novant Health Uva Health System do?
SEE SCHEDULE O
How much revenue does Novant Health Uva Health System have?
Novant Health Uva Health System reported $3,746,239 in total revenue for tax year 2022, down 80.4% from the prior year.
Who is the highest-paid executive at Novant Health Uva Health System?
KENNETH CRAIG KENT MD, CHAIR (UVA EMPLOYEE), received $1,566,146 in total compensation as of tax year 2022.
Is Novant Health Uva Health System a 501(c)(3)?
Yes, Novant Health Uva Health System is classified as a 501(c)(3) tax-exempt organization.
Where is Novant Health Uva Health System located?
Novant Health Uva Health System is headquartered in WINSTON SALEM, NC 27103.
What type of nonprofit is Novant Health Uva Health System?
Novant Health Uva Health System is classified under NTEE code H11 (Single Organization Support), within the Medical Research category. It is a 501(c)(3) tax-exempt organization.
Is Novant Health Uva Health System audited?
Yes, Novant Health Uva Health System's financial statements are audited.
Data Source
Prepared by: GRANT THORNTON LLP, ARLINGTON, VA
IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.
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