Alamance Regional Medical Center

Organization Overview

Alamance Regional Medical Center is located in Greensboro, NC. The organization was established in 1938. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2021, Alamance Regional Medical Center employed 2,453 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alamance Regional Medical Center 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 09/2021, Alamance Regional Medical Center generated $357.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $302.5m during the year ending 09/2021. While expenses have increased by 4.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Alamance Regional Medical Center has awarded 62 individual grants totaling $3,523,105. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

WE SERVE OUR COMMUNITIES BY PREVENTING ILLNESS, RESTORING HEALTH AND PROVIDING COMFORT THROUGH EXCEPTIONAL PEOPLE DELIVERING EXCEPTIONAL CARE.

Describe the Organization's Program Activity:

PROVISION OF PATIENT CARE: TO PROVIDE QUALITY HEALTHCARE SERVICES. ALAMANCE REGIONAL MEDICAL CENTER HAD A TOTAL OF 12,457 PATIENT DISCHARGES, 45,235 DAYS OF CARE, 163,531 OUTPATIENT AND TELEHEALTH VISITS AND AN AVERAGE DAILY CENSUS OF 123.9.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $4,097,074
All other contributions, gifts, grants, and similar amounts not included above$757,917
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,854,991
Total Program Service Revenue$346,894,684
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,062,608
Net Gain/Loss on Asset Sales -$43,878
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $357,153,481

Grants Awarded

Over the last fiscal year, Alamance Regional Medical Center has awarded $140,790 in support to 7 organizations.

Grant RecipientAmount

Graham, NC

PURPOSE: Support Of The Community

$60,000

ALAMANCE BURLINGTON SCHOOL SYS

PURPOSE: Support Of The Community

$35,800

Burlington, NC

PURPOSE: Support Of The Community

$13,500

ALAMANCE CHAMBER OF COMMERCE

Org PageRecipient Profile

Burlington, NC

PURPOSE: Support Of The Community

$10,000

CHILDRENS MUSEUM OF ALAMANCE

Org PageRecipient Profile

Graham, NC

PURPOSE: Support Of The Community

$10,000

MOOD MEDIA

PURPOSE: Support Of The Community

$6,190
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Alamance Regional Medical Center has recieved totaling $172,754.

Awarding OrganizationAmount
The Auxiliary Of The Alamance Regional Medical Center Inc

Burlington, NC

PURPOSE: GENERAL SUPPORT, MED

$158,754
United Way Of Alamance County Inc

Burlington, NC

PURPOSE: COMMUNITY SUPPORT

$14,000
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
First Health Of The Carolinas Inc
Pinehurst, NC
$986,400,718
Mary Washington Healthcare
Fredericksburg, VA
$863,388,863
Mountain States Health Alliance
Johnson City, TN
$805,201,599
Baptist Memorial Hospital
Memphis, TN
$770,663,628
Medical Center Of Central Georgia Inc
Macon, GA
$800,413,800
Mcleod Regional Medical Center Of The Pee Dee Inc
Florence, SC
$796,571,278
St Francis Hospital Inc
Greenville, SC
$752,202,599
Phoebe Putney Memorial Hospital Inc
Albany, GA
$712,342,689
Cobb Hospital
Marietta, GA
$857,038,951
Anmed Health
Anderson, SC
$728,404,682
Gaston Memorial Hospital Inc
Gastonia, NC
$665,062,443
University Health Services Inc
Augusta, GA
$598,292,806

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