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North Carolina · Nonprofit

ROWAN REGIONAL MEDICAL CENTER INC

ROWAN REGIONAL MEDICAL CENTER INC (North Carolina) receives grants from 1 organization whose IRS filings report $600,000 to it, the largest being CHARLES A CANNON TRUST NO 1 ($600,000). 1 of them have funded it in more than one year.

Revenue FY2022
$22M
Funders on record
1
Grants received
$600k
Net assets
$0
1/1 repeat funderspeak grant-dependency 0%
01What it does

What Rowan Regional Medical Center Inc does

Mission

Mission novant health exists to improve the health of our communities, one person at a time. Vision we, the novant health team, will deliver the most remarkable patient experience, in every dimension, every time. Values -compassion: we treat our customers and their families, staff and other healthcare providers as family members with kindness, patience, empathy and respect. -diversity and inclusion: we recognize that every person is different, each shaped by unique life experiences. This enables us to better understand each other and our customers. By engaging the strengths and talents of each team member, we ensure a strong organization capable of providing remarkable healthcare to our patients, families and communities. -personal excellence: we strive to grow personally and professionally and approach each service opportunity with a positive, flexible attitude. Honesty and personal integrity guide all we do. -teamwork: the needs and expectations of any one customer are greater than what one person's service efforts can satisfy. We support each other so that together as a team, we can be successful in the eye of the customer as a quality service provider. -courage: we act boldly…

As stated on its FY2022 Form 990.

Program

  1. Consistent with the organization's exempt purpose, rowan regional medical center, inc. (rrmc) promotes the health and well-being of the inhabitants of the community in which the organization operates, serving all members of the community regardless of their ability to pay. During 2021, rrmc had 268 licensed beds, 58,865 patient days, and an average daily census of 161, with an average length of stay of 6 days. There were 9,708 discharges, 10,253 surgeries, 141,632 outpatient encounters, and 43,505 emergency department visits.

    $239,876,934 spentof which $446,365 as grants$288,860,775 earned by the program
    100% of program spending

The program described on its FY2021 Form 990. Program spending in total: $239,876,934.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($196M) Expenses 100 ($209M) Net assets 100 ($44M)2018 Revenue 113 ($221M) Expenses 107 ($224M) Net assets 93 ($41M)2019 Revenue 121 ($238M) Expenses 115 ($240M) Net assets 86 ($38M)2020 Revenue 135 ($265M) Expenses 127 ($265M) Net assets 85 ($38M)2021 Revenue 155 ($305M) Expenses 142 ($297M) Net assets 101 ($45M)2022 Revenue 11 ($22M) Expenses 12 ($26M) Net assets 0 ($0)
201720182019202020212022
Revenue (11)Expenses (12)Net assets (0)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $153M to $0 (−100%).

$123M
$126M
$146M
$167M
$153M
$0
201720182019202020212022
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 0% · 2020 4% · 2021 0%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 6 reported years ran a deficit.

−$13M
’17
−$2.6M
’18
−$1.6M
’19
$241k
’20
$7.4M
’21
−$4.0M
’22
0.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

201720182019202020212022
Listed282931292817
Joined·+4+6+5+5+0
No longer listed·347611
03Who funds it

Who funds it, year by year

2019 → 2021: the base held at 1 funder, grant income held at $200k.

Funder
'19
'20
'21
total
funders
1
1
1

Left out of every figure on this page: $18M from 2 payers (the payer shares this organization's board, largest Rowan Regional Medical Center Foundation Inc). These are real filings, and they are not money ROWAN REGIONAL MEDICAL CENTER INC raised.

From the IRS filings of ROWAN REGIONAL MEDICAL CENTER INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of ROWAN REGIONAL MEDICAL CENTER INC's grant income comes from North Carolina funders.

NC

In-state vs out-of-state, by year

’19
’20
’21
North Carolina out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like ROWAN REGIONAL MEDICAL CENTER INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

84% of spending goes to programs.

Program 84%Management 16%Fundraising 0%

Governance

17
board members
88%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

NC

Part of a family of 30 related entities

  • Auxiliary of Forsyth Memorial Hospital · exempt
  • Brunswick Novant Medical Center Foundation · exempt
  • Carolina Medicorp Enterprises Inc · exempt
  • Community General Hospital Foundation Inc · exempt
  • Forsyth Medical Center Foundation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for ROWAN REGIONAL MEDICAL CENTER INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ROWAN REGIONAL MEDICAL CENTER INC?
ROWAN REGIONAL MEDICAL CENTER INC (North Carolina) receives grants from 1 organization whose IRS filings report $600,000 to it, the largest being CHARLES A CANNON TRUST NO 1 ($600,000). 1 of them have funded it in more than one year.
How many funders does ROWAN REGIONAL MEDICAL CENTER INC have?
IRS filings report 1 organization giving $600,000 in grants to ROWAN REGIONAL MEDICAL CENTER INC, 1 of which have funded it in more than one year.
Who is the largest funder of ROWAN REGIONAL MEDICAL CENTER INC?
CHARLES A CANNON TRUST NO 1 is the largest funder on record, with $600,000 in grants. The full list of funders is on this page.
How can an organization like ROWAN REGIONAL MEDICAL CENTER INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2022 (financials across 2017–2022), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing