funder logo

NEW HANOVER REGIONAL MEDICAL CENTER FOUNDATION INC

NEW HANOVER REGIONAL MEDICAL CENTER FOUNDATION INC

Winston Salem, NC, US
501(c)3
EIN
56-1752396
Fund Raising & Fund Distribution
Regional Funder
Hospital
funder logo

NEW HANOVER REGIONAL MEDICAL CENTER FOUNDATION INC

Winston Salem, NC, US
501(c)3
EIN
56-1752396
Fund Raising & Fund Distribution
Regional Funder
Hospital

Income Statement

Fiscal Year Start:
Oct 1
Revenues in 2024

$5,745,206

Contributions
36%
Other
35%
Investments
29%
Government Grants
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$6,394,925

Grants
98%
Fees to Service Providers
2%
Other
<1%
Offices, Occupancy & IT
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$1,536,233
$2,076,636
+35%
Government Grants
$0
$150
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$1,240,602
$1,644,224
+33%
Other
$1,629,127
$2,024,196
+24%
Total Revenues
$4,405,962
$5,745,206
+30%
Expenses
2023
2024
Change
Grants
$2,179,012
$6,259,785
+187%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$307,272
$113,689
-63%
Advertising & Promotion
$0
$158
-
Offices, Occupancy & IT
$9,294
$9,114
-2%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$16,813
$12,179
-28%
Total Expenses
$2,512,391
$6,394,925
+155%
Net income
2023
2024
Change
Net income
+$1,893,571
-$649,719
-134%
Functional Expenses
Summary
2023
2024
Change
Program
$2,414,146
$6,278,393
+160%
Admin
$92,308
$115,410
+25%
Fundraising
$5,937
$1,122
-81%
Total Expenses
$2,512,391
$6,394,925
+155%
Income Statement
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