NORTH CAROLINA COMMUNITY CARE NETWORKS INC

EIN: 205408367 501(c)(3) Health Care

GARNER, NC

Total Revenue
$45,964,449
Total Expenses
$31,869,157
Total Assets
$125,593,437
Net Assets
$122,433,086
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
NC
Principal Officer
SCOTT TREMAYNE
Phone
9197452442
Tax Period
2024-07-01 to 2025-06-30

NORTH CAROLINA COMMUNITY CARE NETWORKS INC, founded in 2006, is a mid-sized nonprofit in the Health Care sector that reported $46.0M in total revenue in fiscal year 2024. The organization ran a surplus of $14.1M, a strong 31% operating margin.

Mission

TO IMPROVE THE HEALTH AND QUALITY OF LIFE OF ALL NORTH CAROLINIANS BY BUILDING AND SUPPORTING BETTER COMMUNITY-BASED HEALTH CARE DELIVERY SYSTEMS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $40,837,196
Program Service Revenue $11,413
Investment Income $3,795,889
Other Revenue $1,319,951
TOTAL REVENUE $45,964,449

Expense Breakdown

Grants Paid $1,310,000
Salaries & Benefits $0
Fundraising Expenses $199,643
Program Expenses $27,441,491
Other Expenses $30,559,157
TOTAL EXPENSES $31,869,157

Year-over-Year Comparison

2024 2023 Change
Revenue $45,964,449 $43,132,225 +0.1%
Expenses $31,869,157 $27,385,282 +0.2%
Net Income $14,095,292 $15,746,943 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
6
Employees
N/A
Volunteers
8

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
10
$4,984,770
Total Directors
9
$1,572,220
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFFREY SIMMS MSPH CHAIR 0.50
Officer Director
$0 $0 $0
DAVID TAYLOE MD SECRETARY (TERM 1/2025) 0.50
Officer Director
$0 $0 $0
DEBORAH AINSWORTH MD BOARD MEMBER (START 6/2025) 0.50
Director
$0 $0 $0
TOM BACON DRPH BOARD MEMBER 0.50
Director
$0 $0 $0
DEE JONES MBA BOARD MEMBER (START 6/2025) 0.50
Director
$0 $0 $0
MARILYN PEARSON MD BOARD MEMBER 0.50
Director
$0 $0 $0
REBECCA WHITAKER PHD MSPH BOARD MEMBER 0.50
Director
$0 $0 $0
WILLIAM STEWART MD BOARD MEMBER (TERM 1/2025) 0.50
Director
$0 $0 $119,875
THOMAS WROTH PRESIDENT & CEO 1.00
Officer Director
$0 $775,372 $1,452,345
ANNA BOONE VP CLIN PERFORMANCE/ ED OF N3CN 20.00
Officer
$0 $27,728 $294,995
LYDIA NEWMAN EVP/COO 1.00
Officer
$0 $171,937 $686,758
DENISE HEWSON EVP CTR FOR COMMUNITY BASED CARE 1.00
Officer
$0 $42,025 $586,125
CARLOS JACKSON EVP & CHIEF DATA/ANALYTICS OFFICER 1.00
Officer
$0 $145,875 $516,974
TANYA BULLOCK EVP/CRO/CCO (START 9/1/24) 1.00
Officer
$0 $38,592 $375,855
SCOTT TREMAYNE EVP/CFO (START 9/1/24) 1.00
Officer
$0 $38,519 $494,089
WILLIAM TAYLOR EVP BUSINESS DEVELOPMENT 1.00
Officer
$0 $129,353 $577,629
RONALD SMITH EXECUTIVE BUSINESS ADVISOR 0.00
Highest
$0 $28,842 $565,951
KRISHNA VENUGOPAL SENIOR VP/CHIEF TECHNOLOGY OFFICER 1.00
Highest
$0 $32,992 $414,102
ROY WATKINS SENIOR MEDICAL DIRECTOR 1.00
Highest
$0 $36,837 $357,612
CLAUDE COLIN FELMET SENIOR VP OF FINANCE/HR 1.00
Highest
$0 $48,421 $356,032
JENNIFER WEHE-DAVIS SENIOR VP STATEWIDE 1.00
Highest
$0 $48,969 $349,219
CHRISTOPHER WOODFIN EVP CORP SVCS/CFO (TERM 4/19/24) 1.00
$0 $17,390 $335,253
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $45,964,449 $31,869,157 $125,593,437 $14,095,292
2024 No data No data No data No data
2023 $45,459,766 $29,501,239 $101,426,297 $15,958,527
2022 $53,649,197 $39,467,962 $81,852,676 $14,181,235
2021 $122,918,658 $100,385,122 $71,055,528 $22,533,536
2020 $111,326,369 $97,851,297 $48,990,851 $13,475,072
2019 $84,989,218 $88,077,786 $33,889,591 $-3,088,568
2018 $52,951,034 $37,656,168 $28,454,567 $15,294,866
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