Rowan Regional Medical Center Auxiliary
- Assets
- $361.3k
- Revenue
- $89.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Winston Salem, NC
- Founding
- 04/1961
- Data as of
- 12/2021
- EIN
- 23-7022472
Organization Overview
Rowan Regional Medical Center Auxiliary is located in Winston Salem, NC. The organization was established in 1961. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rowan Regional Medical Center Auxiliary is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Rowan Regional Medical Center Auxiliary generated $89.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $137.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
ROWAN REGIONAL MEDICAL CENTER AUXILIARY IS COMMITTED TO SUPPORTING ROWAN REGIONAL MEDICAL CENTER AND ITS AFFILIATES IN PROVIDING THE HIGHEST QUALITY MEDICAL SERVICES AND IMPROVING THE HEALTH OF THE CITIZENS OF ROWAN AND SURROUNDING COUNTIES.
THE HOSPITAL GIFT SHOP IS PROVIDED AS A CONVENIENCE FOR PATIENTS, THEIR FAMILIES AND VISITORS TO PURCHASE ITEMS SUCH AS FLOWERS, CARDS OR SMALL GIFTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brisbon Charlotte Sec | OfficerTrustee | 0.2 | $0 |
Creech Jane 2nd VP | OfficerTrustee | 0.2 | $0 |
Linn Nancy President | OfficerTrustee | 0.2 | $0 |
Spencer Zandra Treas | OfficerTrustee | 0.2 | $0 |
Wall Sherry 1st VP | OfficerTrustee | 0.2 | $0 |
Carpenter Dinah Trustee | Trustee | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,525 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,525 |
| Total Program Service Revenue | $0 |
| Investment income | $4,154 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $11,625 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $71,826 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $89,130 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $84,186 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,645 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $136,961 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $143,265 |
| Savings and temporary cash investments | $213,142 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,902 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $361,309 |
| Accounts payable and accrued expenses | $821 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $821 |
| Net assets without donor restrictions | $360,488 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $361,309 |
Grants Awarded
Over the last fiscal year, Rowan Regional Medical Center Auxiliary has awarded $84,186 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Winston Salem, NC PURPOSE: TO SUPPORT NH ROWAN MEDICAL CENTER | $74,186 |
Winston Salem, NC PURPOSE: TO SUPPORT NH ROWAN MEDICAL CENTER FOUNDATION CANCER FUND | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bon Secours - St Francis Medical Center Inc Center Inc Richmond, VA | $0 | $100,867,544 |
Cumberland Medical Center Inc Knoxville, TN | $90,595,447 | $102,035,662 |
Wellstar Atlanta Medical Center Inc Marietta, GA | $0 | $67,312,967 |
Halifax Regional Hospital Inc Norfolk, VA | $49,612,708 | $85,918,796 |
Shore Health Services Inc Newport News, VA | $73,414,092 | $98,574,947 |
Roper St Francis Mount Pleasant Hospital Ladson, SC | $153,353,637 | $99,781,378 |
Southside Community Hospital Inc Farmville, VA | $139,378,592 | $111,131,365 |
Randolph Hospital Inc Asheboro, NC | $0 | $81,442,252 |
Medical Park Hospital Llc Winston Salem, NC | $421,344,895 | $99,381,324 |
Nmc Services Inc Springfield, TN | $98,763,260 | $80,174,862 |
Murphy Medical Center Inc Murphy, NC | $53,187,250 | $64,166,797 |
Mcleod Health Clarendon Florence, SC | $34,703,009 | $59,352,245 |