GOTHIC HSP CORPORATION

EIN: 271325761 501(c)(3) Health Care

DURHAM, NC

Total Revenue
$974,815,584
Total Expenses
$709,387,680
Total Assets
$2,750,520,019
Net Assets
$2,744,693,002
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
NC
Principal Officer
NEAL F TRIPLETT
Phone
9196686829
Tax Period
2024-07-01 to 2025-06-30

GOTHIC HSP CORPORATION, founded in 2009, is a major nonprofit in the Health Care sector that reported $974.8M in total revenue in fiscal year 2024. Revenue surged 99% from the prior year, signaling strong growth momentum. The organization ran a surplus of $265.4M, a strong 27% operating margin.

Mission

DESCRIPTION OF ORGANIZATION'S MISSION GOTHIC HSP CORPORATION WAS FORMED TO OWN AND INVEST ASSETS EXCLUSIVELY FOR THE BENEFIT OF DUKE UNIVERSITY HEALTH SYSTEM, INC. AND TO SUPPORT ITS EXEMPT PURPOSE.

Program Service Accomplishments

Program 1
Expenses: $709,387,680

GOTHIC HSP CORPORATION WAS FORMED TO SUPPORT THE EXEMPT PURPOSES OF DUKE UNIVERSITY HEALTH SYSTEM, INC. A PORTION OF THE EXPENSES INCURRED ARE RELATED TO THE MANAGEMENT OF ASSETS MAINTAINED FOR THE...

Read more

GOTHIC HSP CORPORATION WAS FORMED TO SUPPORT THE EXEMPT PURPOSES OF DUKE UNIVERSITY HEALTH SYSTEM, INC. A PORTION OF THE EXPENSES INCURRED ARE RELATED TO THE MANAGEMENT OF ASSETS MAINTAINED FOR THE SUPPORT OF DUKE UNIVERSITY HEALTH SYSTEM, INC. ALLOCATIONS TOTALING $567,844,502 WERE MADE TO DUKE UNIVERSITY HEALTH SYSTEM, INC. IN SUPPORT OF ITS TAX EXEMPT PURPOSES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $577,613,067
Program Service Revenue $0
Investment Income $377,787,049
Other Revenue $19,415,468
TOTAL REVENUE $974,815,584

Expense Breakdown

Grants Paid $567,844,502
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $709,387,680
Other Expenses $141,543,178
TOTAL EXPENSES $709,387,680

Year-over-Year Comparison

2024 2023 Change
Revenue $974,815,584 $490,205,782 +1.0%
Expenses $709,387,680 $650,077,288 +0.1%
Net Income $265,427,904 $-159,871,506 -2.7%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
3
$6,324,812
Total Directors
3
$6,324,812
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NEAL F TRIPLETT DIRECTOR/PRESIDENT 0.10
Officer Director
$0 $127,007 $5,012,725
ROBERT MCGRAIL DIRECTOR/SECRETARY 0.10
Officer Director
$0 $99,754 $775,253
JANNINE M LALL DIRECTOR/TREASURER 0.10
Officer Director
$0 $86,856 $536,834
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 $974,815,584 $709,387,680 $2,750,520,019 $265,427,904
2024 No data No data No data No data
2023 $451,926,872 $554,368,228 $2,641,302,080 $-102,441,356
2022 $730,166,668 $481,183,436 $2,746,223,752 $248,983,232
2021 $1,194,394,332 $817,096,593 $2,537,177,274 $377,297,739
2020 $559,961,152 $479,379,360 $2,319,968,179 $80,581,792
2019 $707,809,161 $549,354,631 $2,261,651,722 $158,454,530
2018 $795,696,305 $433,575,328 $2,084,637,298 $362,120,977
Explore More Nonprofits
→Top 100 Nonprofits in North Carolina →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare GOTHIC HSP CORPORATION with other nonprofits in North Carolina and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.