Community Care of the Lower Cape Fear I

EIN: 510443778 501(c)(3) Health Care

Wilmington, NC

Total Revenue
$7,069,655
Total Expenses
$6,440,476
Total Assets
$7,764,883
Net Assets
$4,466,021
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
NC
Principal Officer
Joseph A Pino
Phone
9107630200
Tax Period
2024-07-01 to 2025-06-30

Community Care of the Lower Cape Fear I, founded in 2002, is a community nonprofit in the Health Care sector that reported $7.1M in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $6.4M left a modest 9% surplus.

Mission

Community Care of the Lower Cape Fear, Inc. seeks to improve health outcomes for it's community. For eligible Medicare, Medicaid, uninsured, and privately insured enrollees in southeastern North Carolina including New Hanover, Pender, Brunswick, Columbus, Onslow, and Bladen counties. Equipped with 20 years of population health and care management experience, the Interdisciplinary Care Team works with Prepaid Health Plans, ACOs, practices, and providers to improve patient outcomes and experiences, while reducing costs in the communities it serves.

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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 $5,507,687
Program Service Revenue $1,330,291
Investment Income $229,006
Other Revenue $2,671
TOTAL REVENUE $7,069,655

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,250,126
Fundraising Expenses $0
Program Expenses $5,372,580
Other Expenses $2,190,350
TOTAL EXPENSES $6,440,476

Year-over-Year Comparison

2024 2023 Change
Revenue $7,069,655 $5,301,744 +0.3%
Expenses $6,440,476 $4,689,768 +0.4%
Net Income $629,179 $611,976 +0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
18
Independent Members
18
Employees
48
Volunteers
22

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
6
$220,550
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joseph A Pino Board Chair 1.00
Officer Director
$0 $0 $0
Christy Spivey Vice Chair 1.00
Officer Director
$0 $0 $0
Susan Aycock Secretary 1.00
Officer Director
$0 $0 $0
Jason Beck Treasurer 1.00
Officer Director
$0 $0 $0
Daniel Buck Director 1.00
Director
$0 $0 $0
Arthur Flores Director 1.00
Director
$0 $0 $0
Carolyn Moser Director 1.00
Director
$0 $0 $0
Josephine Malfitano Director 1.00
Director
$0 $0 $0
David Howard Director 1.00
Director
$0 $0 $0
Joanne Campbell Director 1.00
Director
$0 $0 $0
Catherine Lytch Director 1.00
Director
$0 $0 $0
Tonya Jackson Director 1.00
Director
$0 $0 $0
Mary Kathryn Rudyk Director 1.00
Director
$0 $0 $0
Shirley Vann Director 1.00
Director
$0 $0 $0
Vickie K Smith Director 1.00
Director
$0 $0 $0
Teresa Duncan Director 1.00
Director
$0 $0 $0
Angela Ives Executive Director 40.00
Officer
$220,550 $0 $220,550
Michelle Jones Medical Director 10.00
Officer
$0 $0 $0
Megan Rose Pharmacy Director 40.00
Highest
$150,355 $0 $150,355
Kim Thrasher Pharmacist 40.00
Highest
$119,561 $0 $119,561
Sarah Ridout Pharmacist 40.00
Highest
$115,247 $0 $115,247
Christopher Jones Chief Financial Officer 40.00
Highest
$165,684 $0 $165,684
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 $7,069,655 $6,440,476 $7,764,883 $629,179
2024 $5,301,744 $4,689,768 $10,836,080 $611,976
2023 $3,655,930 $4,314,947 $9,293,978 $-659,017
2022 $2,929,043 $4,704,051 $8,195,443 $-1,775,008
2021 $5,653,173 $4,591,003 $10,887,858 $1,062,170
2020 $5,403,545 $4,646,644 $4,921,531 $756,901
2019 $8,140,979 $7,523,962 $4,159,459 $617,017
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