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North Carolina · Nonprofit

VIDANT MEDICAL GROUP LLC

VIDANT MEDICAL GROUP LLC (North Carolina) receives grants from 3 organizations whose IRS filings report $170,000 to it, the largest being UNIVERSITY HEALTH SYSTEMS OF EASTERN CAROLINA FOUNDATION INC ($125,000). 2 of them have funded it in more than one year.

Revenue FY2025
$322M
Funders on record
3
Grants received
$170k
Net assets
$-4286895
2/3 repeat funderspeak grant-dependency 0%
01What it does

What Vidant Medical Group LLC does

Mission

To enhance the quality of life for the people and communities we serve, touch and support.

As stated on its FY2025 Form 990.

Program

  1. Ecu health professionals provided evaluations, clinical care management, and medically necessary procedures.

    $449,981,470 spent$321,706,960 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $449,981,470.

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. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($178M) Expenses 100 ($238M) Net assets 100 ($10M)2018 Revenue 118 ($211M) Expenses 117 ($279M) Net assets 101 ($10M)2019 Revenue 136 ($243M) Expenses 136 ($323M) Net assets 83 ($8.4M)2020 Revenue 132 ($234M) Expenses 133 ($318M) Net assets 21 ($2.1M)2021 Revenue 143 ($255M) Expenses 139 ($330M) Net assets 16 ($1.6M)2022 Revenue 165 ($294M) Expenses 162 ($386M) Net assets -5 ($-456533)2023 Revenue 169 ($301M) Expenses 174 ($414M) Net assets 15 ($1.5M)2024 Revenue 189 ($337M) Expenses 201 ($477M) Net assets -127 ($-12846997)2025 Revenue 181 ($322M) Expenses 196 ($466M) Net assets -43 ($-4286895)
'17'18'19'20'21'22'23'24'25
Revenue (181)Expenses (196)Net assets (-43)Peer revenue range

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 $56M to $83M (+49%).

$40M
$46M
$45M
$52M
$56M
$83M
$91M
$91M
$95M
'17'18'19'20'21'22'23'24'25
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
2023
2024
2025
ContributionsProgram revenueInvestmentOther

0% of VIDANT MEDICAL GROUP LLC’s revenue is contributions — more earned-revenue than three-quarters of its peers (1% for the typical peer).

This organization
Typical peer · 2,211 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 9 of the last 9 reported years ran a deficit.

−$60M
’17
−$68M
’18
−$80M
’19
−$83M
’20
−$76M
’21
−$92M
’22
−$113M
’23
−$141M
’24
−$144M
’25
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.

Chief executive

Michael Waldrum Md

Chief executive officer

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2017 and FY2018 filings.

'17'18'19'20'21'22'23'24'25
Listed121311111112151614
Joined·+6+3+2+1+1+6+5+3
No longer listed·55210345
03Who funds it

Who funds it, year by year

2017 → 2020: the base narrowed from 2 funders to 1 funder, grant income fell $28k → $0.

Funder
'17
'18
'20
'25*
total
funders
2
1
1
1

1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 26% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of VIDANT MEDICAL GROUP LLC’s funders (the co-funder graph). Top 2 of 3 funders by total. 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.

How concentrated its funding is

VIDANT MEDICAL GROUP LLC leans on a few funders — its largest provides 74% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund VIDANT MEDICAL GROUP LLC.

74%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. 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 VIDANT MEDICAL GROUP LLC's grant income comes from North Carolina funders.

NC

Funder states come from each funder’s own filing. $45k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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

Against its field

VIDANT MEDICAL GROUP LLC has grown faster than half of the 1,241 health nonprofits its size.

Operating margin−45% · bottom quartile
Revenue growth (annualized)8% · above the median

this organization peer median middle 50% of peers· 1,241 health nonprofits over $100M, FY2025

Organizations like VIDANT MEDICAL GROUP LLC

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

97% of spending goes to programs.

Program 97%Management 3%Fundraising 0%

Governance

7
board members
43%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 17 related entities

  • Vidant Medical Group Affiliates LLC · disregarded
  • Tarboro Endoscopy Center LLC · disregarded
  • University Health Systems of Eastern Carolina Dba Ecu Health · exempt
  • Pitt County Memorial Hospital Inc Dba Ecu Health Medical Center · exempt
  • The Outer Banks Hospital Inc Dba Outer Banks Health · exempt

Screen this organization

A dated, signed PDF of the compliance screen for VIDANT MEDICAL GROUP LLC: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 VIDANT MEDICAL GROUP LLC?
VIDANT MEDICAL GROUP LLC (North Carolina) receives grants from 3 organizations whose IRS filings report $170,000 to it, the largest being UNIVERSITY HEALTH SYSTEMS OF EASTERN CAROLINA FOUNDATION INC ($125,000). 2 of them have funded it in more than one year.
How many funders does VIDANT MEDICAL GROUP LLC have?
IRS filings report 3 organizations giving $170,000 in grants to VIDANT MEDICAL GROUP LLC, 2 of which have funded it in more than one year.
Who is the largest funder of VIDANT MEDICAL GROUP LLC?
UNIVERSITY HEALTH SYSTEMS OF EASTERN CAROLINA FOUNDATION INC is the largest funder on record, with $125,000 in grants. The full list of funders is on this page.
How can an organization like VIDANT MEDICAL GROUP LLC 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.

Play a game about who funds Vidant Medical Group LLC →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 3 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