Logo for "ROWAN REGIONAL MEDICAL CENTER FOUNDATION INC"

ROWAN REGIONAL MEDICAL CENTER FOUNDATION INC

ROWAN REGIONAL MEDICAL CENTER FOUNDATION INC

Winston Salem, NC, US
501(c)3
EIN
56-1424818
Fund Raising & Fund Distribution
Regional Funder
Hospital
Logo for "ROWAN REGIONAL MEDICAL CENTER FOUNDATION INC"

ROWAN REGIONAL MEDICAL CENTER FOUNDATION INC

Winston Salem, NC, US
501(c)3
EIN
56-1424818
Fund Raising & Fund Distribution
Regional Funder
Hospital

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$2,562,198

Other
54%
Investments
29%
Contributions
17%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$1,541,387

Grants
76%
Salaries & Benefits
13%
Fees to Service Providers
6%
Other
2%
Advertising & Promotion
1%
Offices, Occupancy & IT
<1%
Interest
<1%
Benefits to Members
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$1,894,723
$429,290
-77%
Government Grants
$0
$0
-
Fundraising Events
$142,783
$0
-100%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$641,514
$742,256
+16%
Other
$2,088,115
$1,390,652
-33%
Total Revenues
$4,767,135
$2,562,198
-46%
Expenses
2023
2024
Change
Grants
$3,152,217
$1,170,781
-63%
Benefits to Members
$0
$0
-
Salaries & Benefits
$342,936
$202,751
-41%
Fees to Service Providers
$37,248
$94,688
+154%
Advertising & Promotion
$26,762
$22,380
-16%
Offices, Occupancy & IT
$15,351
$13,068
-15%
Interest
$13,639
$12,592
-8%
Depreciation
$0
$0
-
Other
$28,778
$25,127
-13%
Total Expenses
$3,616,931
$1,541,387
-57%
Net income
2023
2024
Change
Net income
+$1,150,204
+$1,020,811
-11%
Functional Expenses
Summary
2023
2024
Change
Program
$3,215,874
$1,263,070
-61%
Admin
$285,073
$134,609
-53%
Fundraising
$115,984
$143,708
+24%
Total Expenses
$3,616,931
$1,541,387
-57%
Income Statement
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