Moses H Cone Memorial Hospital

Organization Overview

Moses H Cone Memorial Hospital is located in Greensboro, NC. The organization was established in 1938. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 09/2021, Moses H Cone Memorial Hospital employed 271 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Moses H Cone Memorial Hospital 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 09/2020, Moses H Cone Memorial Hospital generated $191.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $142.0m during the year ending 09/2020. While expenses have increased by 9.5% 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, Moses H Cone Memorial Hospital has awarded 15 individual grants totaling $448,000. 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 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

STRATEGIC OVERSIGHT AND SUPPORT OF SUBSIDIARY CORPORATIONS WITHIN CONE HEALTH SYSTEM, A PROVIDER OF HEALTH CARE SERVICES TO THE COMMUNITY

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUPPORT OF CONE HEALTH OPERATIONS


TRIAD HEALTH NETWORK


HOLD AND OPERATE PROPERTY FOR CONE HEALTH SYSTEM


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Mcm Resourcing Llc
General Contractor
$1,408,875
Brasfield Gorrie Llc
Facility Planning
$17,246,017
Hayco Construction Llc
Construction
$1,581,737
D L Construction
Facility Planning
$11,215,463
Bluesky Restoration Contractors
General Contractor
$714,291
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$3,604
Investment income $16,592,157
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $45,029,702
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $191,496,344

Grants Awarded

Over the last fiscal year, Moses H Cone Memorial Hospital has awarded $75,000 in support to 2 organizations.

Grant RecipientAmount

GREENSBORO HOUSING COALITION

Org PageRecipient Profile

Greensboro, NC

PURPOSE: Build Grant

$65,000

US DEPARTMENT OF THE INTERIOR

PURPOSE: Upkeep of Cone Park

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Moses H Cone Memorial Hospital has recieved totaling $75,050.

Awarding OrganizationAmount
Polo Ralph Lauren Corporate Foundation

New York, NY

PURPOSE: CHARITY

$50,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$25,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$50
View Grant Recipient Profile

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