WINSTON SALEM, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ROWAN REGIONAL MEDICAL CENTER AUXILIARY, founded in 1936, is a micro nonprofit in the Health Care sector that reported $62K in total revenue in fiscal year 2023. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $101K exceeded revenue, resulting in a 62% operating deficit.
IN THE SPIRIT OF KEEPING OUR FOCUS ON PATIENT-CENTERED, EQUITABLE AND COMPASSIONATE CARE WHILE ENSURING OUR ORGANIZATION IS SUSTAINABLE FOR FUTURE GENERATIONS, WE HAVE RESTATED OUR MISSION, VISION AND VALUES AND ARE NOW GUIDED BY OUR CAUSE. OUR CAUSE WE CREATE A HEALTHIER FUTURE AND BRING REMARKABLE EXPERIENCES TO LIFE. DISCOVER WE CONSISTENTLY SEEK TO INNOVATE, COURAGEOUSLY TRANSFORM OURSELVES AND FIND NEW WAYS TO ADD VALUE FOR OUR PATIENTS, COMMUNITIES AND ONE ANOTHER. EMPOWER WE PROVIDE ONE ANOTHER, OUR PATIENTS, FAMILIES AND COMMUNITIES WITH THE RESOURCES AND ENVIRONMENT TO CREATE SHARED ACCOUNTABILITY AND ACTION. THRIVE WE DEMONSTRATE EQUITY, EMPATHY, SAFETY AND QUALITY TO HELP EACH OTHER, AND OUR COMMUNITIES GROW AND SUCCEED. TOGETHER WE WORK AS A TRUSTED TEAM WITH OUR UNIQUE PERSPECTIVES, LIFE EXPERIENCES AND EXPERTISE TO BRING REMARKABLE TO LIFE IN EVERY INTERACTION. WE ALL BELONG.
THE ORGANIZATION IS COMMITTED TO SUPPORTING NOVANT HEALTH ROWAN MEDICAL CENTER IN PROVIDING THE HIGHEST QUALITY MEDICAL CARE TO ITS PATIENTS, AND IMPROVING THE HEALTH OF THE CITIZENS OF ROWAN COUNTY...
THE ORGANIZATION IS COMMITTED TO SUPPORTING NOVANT HEALTH ROWAN MEDICAL CENTER IN PROVIDING THE HIGHEST QUALITY MEDICAL CARE TO ITS PATIENTS, AND IMPROVING THE HEALTH OF THE CITIZENS OF ROWAN COUNTY AND SURROUNDING COMMUNITIES.
THE ORGANIZATION OPERATES THE HOSPITAL GIFT SHOP AS A CONVENIENCE FOR PATIENTS, FAMILIES, AND VISITORS TO PURCHASE ITEMS SUCH AS FLOWERS, CARDS, AND SMALL GIFTS OR NECESSITIES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $62,365 | $91,903 | -0.3% |
| Expenses | $101,180 | $100,129 | +0.0% |
| Net Income | $-38,815 | $-8,226 | +3.7% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ANNIE SERWAN | TRUSTEE | 0.20 |
Director
|
$0 | $0 | $0 |
| BARBARA WAGGONER | TRUSTEE | 0.20 |
Director
|
$0 | $0 | $0 |
| BLANCHE GLOVER | TRUSTEE (FR 1/1/23) | 0.20 |
Director
|
$0 | $0 | $0 |
| BRENDA THOMASON | TRUSTEE | 0.20 |
Director
|
$0 | $0 | $0 |
| CAROLE SIMMONS | PRES | 0.20 |
Officer
Director
|
$0 | $0 | $0 |
| CAROLYN HOOD | TRUSTEE | 0.20 |
Director
|
$0 | $0 | $0 |
| CHARLOTTE HALL | TRUSTEE(FR 1/1/23),SECR(FR 11/16/23) | 0.20 |
Officer
Director
|
$0 | $0 | $0 |
| DINAH CARPENTER | TRUSTEE (TO 9/21/23) | 0.20 |
Director
|
$0 | $0 | $0 |
| DORIS YOST | TRUSTEE (TO 3/17/23) | 0.20 |
Director
|
$0 | $0 | $0 |
| DOTTIE CLEMENT | TRUSTEE | 0.20 |
Director
|
$0 | $0 | $0 |
| GEORGIA MCCORKLE | TRUSTEE | 0.20 |
Director
|
$0 | $0 | $0 |
| GRACE CAMPBELL | TRUSTEE (TO 9/21/23) | 0.20 |
Director
|
$0 | $0 | $0 |
| JANE CREECH | TRUSTEE, 2ND VP (FR 11/16/23) | 0.20 |
Officer
Director
|
$0 | $0 | $0 |
| JANE ROWLAND | TRUSTEE | 0.20 |
Director
|
$0 | $0 | $0 |
| JENNY JONES | TRUSTEE (FR 1/1/23) | 0.20 |
Director
|
$0 | $0 | $0 |
| KAREN WENKER | TRUSTEE (TO 12/31/23) | 0.20 |
Director
|
$0 | $0 | $0 |
| KIM TAYLOR | TRUSTEE (FR 1/1/23) | 0.20 |
Director
|
$0 | $0 | $0 |
| LIBBY FOWLER | TRUSTEE | 0.20 |
Director
|
$0 | $0 | $0 |
| LOU HAMILTON | TRUSTEE (FR 1/1/23) | 0.20 |
Director
|
$0 | $0 | $0 |
| MARJORIE KELLY | TRUSTEE (FR 1/1/23) | 0.20 |
Director
|
$0 | $0 | $0 |
| MIMI CARLTON | TRUSTEE (FR 3/17/23) | 0.20 |
Director
|
$0 | $0 | $0 |
| NANCY LINN | TRUSTEE, 2ND VP (TO 11/16/23) | 0.20 |
Officer
Director
|
$0 | $0 | $0 |
| SHERRY WALL | 1ST VP | 0.20 |
Officer
Director
|
$0 | $0 | $0 |
| SUE LEWIS | TRUSTEE (FR 1/1/23) | 0.20 |
Director
|
$0 | $0 | $0 |
| SUSAN SMITH | TRUSTEE (TO 12/31/23) | 0.20 |
Director
|
$0 | $0 | $0 |
| TERESA MCKINNEY | CHAIR | 0.20 |
Officer
Director
|
$0 | $0 | $0 |
| ZANDRA SPENCER | TREAS | 0.20 |
Officer
Director
|
$0 | $0 | $0 |
| FRED HARGETT | EVP/CFO (TO 9/6/23) | 0.20 |
Officer
|
$0 | $50,705 | $2,451,375 |
| GEOFFREY GARDNER | CFO (FR 9/6/23) | 0.20 |
Officer
|
$0 | $128,749 | $1,037,855 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $62,365 | $101,180 | $322,157 | $-38,815 |
| 2022 | $91,903 | $100,129 | $353,589 | $-8,226 |
| 2021 | $89,130 | $136,961 | $361,309 | $-47,831 |
| 2020 | $100,865 | $65,383 | $408,907 | $35,482 |
| 2019 | $144,654 | $109,887 | $373,597 | $34,767 |
| 2018 | $83,688 | $80,313 | $338,070 | $3,375 |
Compare ROWAN REGIONAL MEDICAL CENTER AUXILIARY with other nonprofits in North Carolina and across the country.