Rowan Regional Medical Center Auxiliary
SEE SCHEDULE O
IRS Tax Year 2024
Period ending December 31, 2024
Total Revenue
$115K
Total Expenses
$109K
Net Assets
$342K
Employees
0
Volunteers
135
Grants Paid
$47K
Program Expense Ratio
91.3%
This nonprofit profile presents IRS Form 990 tax filing data for Rowan Regional Medical Center Auxiliary (EIN: 23-7022472), based on the 2024 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.
Rowan Regional Medical Center Auxiliary is a 501(c)(3) nonprofit headquartered in WINSTON SALEM, NC, founded in 1936. The organization has held tax-exempt status since 1961. In its 2024 filing, the organization reported $115K in total revenue, a 85.1% increase from the prior year, and $109K in total expenses. The organization engaged 135 volunteers. GEOFFREY GARDNER, CFO (TO 4/28/24), is the highest-compensated individual at $1,299,330. The organization runs 2 programs, totaling $100K in program expenses. 4 of 6 recommended governance policies are in place.
Rowan Regional Medical Center Auxiliary is classified under NTEE code E22I. Its foundation type is 16.
Programs(Tax Year 2024)
2 records
Rowan Regional Medical Center Auxiliary operates 2 programs, with total program expenses of $100K. Rowan Regional Medical Center Auxiliary's largest program accounts for 52% of total program spending.
THE ORGANIZATION IS COMMITTED TO SUPPORTING NOVANT HEALTH ROWAN MEDICAL CENTER IN PROVIDING THE HIGHEST QUALITY MEDICAL CARE TO ITS PATIENTS, AND IMPROVING THE HEALTH OF THE CITIZENS OF ROWAN COUNTY AND SURROUNDING COMMUNITIES.
THE ORGANIZATION OPERATES THE HOSPITAL GIFT SHOP AS A CONVENIENCE FOR PATIENTS, FAMILIES, AND VISITORS TO PURCHASE ITEMS SUCH AS FLOWERS, CARDS, AND SMALL GIFTS OR NECESSITIES.
Financial Overview(Tax Years 2019–2024)
6 records
Over the past 6 years, Rowan Regional Medical Center Auxiliary's revenue has declined from $145K to $115K, a 20.2% decrease. Program expenses represent 91% of total spending.
Revenue increased 85.1% year-over-year, while expenses grew 8.2%. net assets rose to $342K, up 6.4% from the prior year.
Rowan Regional Medical Center Auxiliary derives 6% from contributions and grants, with 7% from investment income.
Revenue is diversified across investment income (7%), contributions and grants (6%).
Rowan Regional Medical Center Auxiliary allocates 91% to programs, 9% to management and general.
Revenue grew by 85.1% while expenses grew by only 8.2%, suggesting improving operational efficiency.
Rowan Regional Medical Center Auxiliary distributed $47K in grants to other organizations and individuals, representing 43% of total expenses.
Over 6 filings from 2019–2024, Rowan Regional Medical Center Auxiliary declined revenue from $145K to $115K (-20.2%) while maintaining a program expense ratio of 91%.
Rowan Regional Medical Center Auxiliary holds $343K in total assets against $950 in liabilities (debt-to-asset ratio of 0%). The organization has 37.5 months of operating reserves. Cash and equivalents of $142K cover approximately 15.6 months of expenses.
Revenue
| Year | Total Revenue | Contributions | Gov't Grants | Program Revenue | Investment |
|---|---|---|---|---|---|
| 2024 | $115K | $6K | $0 | $0 | $8K |
| 2023 | $62K | $1K | $0 | $0 | $-46K |
| 2022 | $92K | $1K | $0 | $0 | $5K |
| 2021 | $89K | $2K | $0 | $0 | $4K |
| 2020 | $101K | $1K | $0 | $0 | $6K |
| 2019 | $145K | $1K | $0 | $974 | $4K |
Expenses
| Year | Total Expenses | Program | Management | Fundraising | Grants Paid |
|---|---|---|---|---|---|
| 2024 | $109K | $100K | $9K | $0 | $47K |
| 2023 | $101K | $90K | $6K | $0 | $51K |
| 2022 | $100K | $90K | $10K | $0 | $54K |
| 2021 | $137K | $128K | $9K | $0 | $84K |
| 2020 | $65K | $59K | $7K | $0 | $32K |
| 2019 | $110K | $102K | $8K | $0 | $66K |
Program Expense Ratio
91.3%
Admin Expense Ratio
8.7%
Fundraising Efficiency
—
Operating Reserve
37.5 mo
People & Compensation(Tax Year 2024)
22 records
Rowan Regional Medical Center Auxiliary reported compensation for 22 officers and key employees. Total officer compensation was $2.5M, representing 2260.7% of total expenses. 2 individuals received total compensation exceeding $500,000.
Rowan Regional Medical Center Auxiliary's highest-compensated individual received $1.3M in total compensation. Total officer compensation of $2.5M represents 2260.7% of total expenses. 2 individuals received total compensation exceeding $1,000,000.
| Name | Title | Type | Hours/wk | Comp from Org | Related Orgs | Total |
|---|---|---|---|---|---|---|
| GEOFFREY GARDNER | CFO (TO 4/28/24) | Officer | 0.20 | $0 | $1,254,252 | $1,299,330 |
| ALICE POPE | EVP/CFO (FR 4/29/24) | Officer | 0.20 | $0 | $991,687 | $1,175,156 |
| TERESA MCKINNEY | CHAIR | OfficerDirector | 0.50 | $0 | $0 | $0 |
| ZANDRA SPENCER | TREASURER | OfficerDirector | 0.50 | $0 | $0 | $0 |
| ANNIE SERWAN | TRUSTEE | Director | 0.20 | $0 | $0 | $0 |
| BARBARA WAGGONER | TRUSTEE | Director | 0.20 | $0 | $0 | $0 |
| BLANCHE GLOVER | TRUSTEE | Director | 0.20 | $0 | $0 | $0 |
| BRENDA THOMASON | TRUSTEE | Director | 0.20 | $0 | $0 | $0 |
| CAROLYN HOOD | TRUSTEE | Director | 0.20 | $0 | $0 | $0 |
| DOTTIE CLEMENT | TRUSTEE | Director | 0.20 | $0 | $0 | $0 |
| CHARLOTTE HALL | SECRETARY | OfficerDirector | 0.50 | $0 | $0 | $0 |
| JANE ROWLAND | TRUSTEE | Director | 0.20 | $0 | $0 | $0 |
| KIM TAYLOR | TRUSTEE | Director | 0.20 | $0 | $0 | $0 |
| LIBBY FOWLER | TRUSTEE | Director | 0.20 | $0 | $0 | $0 |
| LOU HAMILTON | TRUSTEE | Director | 0.20 | $0 | $0 | $0 |
| MIMI CARLTON | TRUSTEE | Director | 0.20 | $0 | $0 | $0 |
| NANCY LINN | TRUSTEE | Director | 0.20 | $0 | $0 | $0 |
| SUE LEWIS | TRUSTEE | Director | 0.20 | $0 | $0 | $0 |
| CAROLE SIMMONS | PRESIDENT | OfficerDirector | 0.50 | $0 | $0 | $0 |
| JANE CREECH | 2ND VP | OfficerDirector | 0.50 | $0 | $0 | $0 |
| GEORGIA MCCORKLE | TRUSTEE | Director | 0.20 | $0 | $0 | $0 |
| SHERRY WALL | 1ST VP | OfficerDirector | 0.50 | $0 | $0 | $0 |
Compensation Breakdown
Schedule J detail — base, bonus, benefits, and executive perks
GEOFFREY GARDNER
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
ALICE POPE
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
Governance & Compliance(Tax Year 2024)
Rowan Regional Medical Center Auxiliary has 4 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 20 members, 20 of whom are independent.
Rowan Regional Medical Center Auxiliary's financial statements are audited, an audit committee oversees the process.
Policies & Oversight
Audit & Financial Oversight
Grants Awarded(Tax Year 2024)
2 records
Rowan Regional Medical Center Auxiliary awarded $45K across 2 grants to organizations. Top recipients include NOVANT HEALTH INC (WINSTON SALEM, NC) — $33K for to support nh rowan medical center; ROWAN REGIONAL MEDICAL CENTER FOUNDATION INC (WINSTON SALEM, NC) — $12K for to support nh rowan regional medical center foundation's medical scholarship fund.
Organization Grants
| Recipient | Location | Amount | Purpose |
|---|---|---|---|
| NOVANT HEALTH INC561376950 | WINSTON SALEM, NC | $33K | TO SUPPORT NH ROWAN MEDICAL CENTER |
| ROWAN REGIONAL MEDICAL CENTER FOUNDATION INC561424818 | WINSTON SALEM, NC | $12K | TO SUPPORT NH ROWAN REGIONAL MEDICAL CENTER FOUNDATION'S MEDICAL SCHOLARSHIP FUND |
Fundraising & Events(Tax Year 2024)
Rowan Regional Medical Center Auxiliary held fundraising events including Uniform sales ($32K) and In the bag ($13K).
Named Events
uniform sales
Gross: $32,042
in the bag
Gross: $12,957
Filing History(Tax Years 1961–2024)
6 records
Showing the 6 Form 990 filings currently in our system.
| Tax Year | Form | Period | Revenue | Expenses | Net Assets |
|---|---|---|---|---|---|
| 2024 | 990 | 2024-01-01 – 2024-12-31 | $115K | $109K | $342K |
| 2023 | 990 | 2023-01-01 – 2023-12-31 | $62K | $101K | $322K |
| 2022 | 990 | 2022-01-01 – 2022-12-31 | $92K | $100K | $353K |
| 2021 | 990 | 2021-01-01 – 2021-12-31 | $89K | $137K | $360K |
| 2020 | 990 | 2020-01-01 – 2020-12-31 | $101K | $65K | $408K |
| 2019 | 990 | 2019-01-01 – 2019-12-31 | $145K | $110K | $373K |
| 1961–2018 | No filings acquired yet | ||||
Frequently Asked Questions
What does Rowan Regional Medical Center Auxiliary do?
SEE SCHEDULE O
How much revenue does Rowan Regional Medical Center Auxiliary have?
Rowan Regional Medical Center Auxiliary reported $115,429 in total revenue for tax year 2024, up 85.1% from the prior year.
Who is the highest-paid executive at Rowan Regional Medical Center Auxiliary?
GEOFFREY GARDNER, CFO (TO 4/28/24), received $1,299,330 in total compensation as of tax year 2024.
Is Rowan Regional Medical Center Auxiliary a 501(c)(3)?
Yes, Rowan Regional Medical Center Auxiliary is classified as a 501(c)(3) tax-exempt organization.
Where is Rowan Regional Medical Center Auxiliary located?
Rowan Regional Medical Center Auxiliary is headquartered in WINSTON SALEM, NC 27103.
Is Rowan Regional Medical Center Auxiliary audited?
Yes, Rowan Regional Medical Center Auxiliary's financial statements are audited, and the organization has an audit committee.
Does Rowan Regional Medical Center Auxiliary give grants?
Yes, Rowan Regional Medical Center Auxiliary distributed $46,639 in grants to other organizations and individuals in tax year 2024. Top recipients include NOVANT HEALTH INC, ROWAN REGIONAL MEDICAL CENTER FOUNDATION INC.
Does Rowan Regional Medical Center Auxiliary hold fundraising events?
Rowan Regional Medical Center Auxiliary reports fundraising event activities.
Data Source
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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