BLUE RIDGE HEALTHCARE SYSTEM INC

EIN: 562150313 501(c)(3) Health Care

MORGANTON, NC

Total Revenue
$6,062,870
Total Expenses
$6,472,435
Total Assets
$109,748,693
Net Assets
$-5,891,504
🔒

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
1999
Legal Domicile
NC
Principal Officer
GARY PAXSON
Phone
8285805000
Tax Period
2024-07-01 to 2025-06-30

BLUE RIDGE HEALTHCARE SYSTEM INC, founded in 1999, is a community nonprofit in the Health Care sector that reported $6.1M in total revenue in fiscal year 2024.

Mission

TO ENHANCE THE DELIVERY OF HEALTH CARE SERVICES WITHIN THE SERVICE AREA.

🔒

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 $0
Program Service Revenue $6,062,570
Investment Income $300
Other Revenue $0
TOTAL REVENUE $6,062,870

Expense Breakdown

Grants Paid $7,057
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,722,167
Other Expenses $6,465,378
TOTAL EXPENSES $6,472,435

Year-over-Year Comparison

2024 2023 Change
Revenue $6,062,870 $5,959,760 +0.0%
Expenses $6,472,435 $6,281,282 +0.0%
Net Income $-409,565 $-321,522 +0.3%
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
10
Independent Members
9
Employees
N/A
Volunteers
17

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
8
$1,297,771
Total Directors
10
$471,311
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
M H MCCRARY CHAIRMAN 1.00
Officer Director
$0 $0 $0
JIM ROSTAN VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
DAVID BENNETT TREASURER 1.00
Officer Director
$0 $0 $0
SUSAN HAIRE SECRETARY 1.00
Officer Director
$0 $0 $0
J MICHAEL BRIDGES PAST CHAIR 1.00
Officer Director
$0 $0 $0
KEVIN BAXTER BOARD MEMBER 1.00
Director
$0 $0 $0
ANDREW BRANT MD BOARD MEMBER 1.00
Director
$0 $0 $0
AMY JACKSON-KINCAID BOARD MEMBER 1.00
Director
$0 $0 $0
GANDHARI LOOMIS DO BOARD MEMBER 1.00
Director
$0 $8,771 $471,311
THEA YANG BOARD MEMBER 1.00
Director
$0 $0 $0
KATHY BAILEY PRESIDENT & CEO (THRU 8/2024) 1.00
Officer
$0 $7,606 $836,819
GARY PAXSON PRESIDENT & CEO (AS OF 9/2024) 1.00
Officer
$0 $0 $0
PATRICIA MOLL CFO 1.00
Officer
$0 $51,159 $460,952
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 $6,062,870 $6,472,435 $109,748,693 $-409,565
2024 No data No data No data No data
2023 $5,075,861 $5,435,619 $117,281,625 $-359,758
2022 $2,792,234 $2,959,004 $111,753,105 $-166,770
2021 $7,568,628 $8,077,735 $118,344,901 $-509,107
2020 $7,611,166 $8,191,146 $117,161,124 $-579,980
2019 $6,845,791 $7,407,116 $69,568,806 $-561,325
2018 $6,791,156 $7,322,977 $74,575,938 $-531,821
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare BLUE RIDGE HEALTHCARE SYSTEM INC with other nonprofits in North Carolina and across the country.