Annie Penn Memorial Hospital Foundation

EIN: 581897269 501(c)(3)

Reidsville, NC

Total Revenue
$291,783
Total Expenses
$155,582
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
NC
Principal Officer
Stokes Ann Hunt
Phone
3368327000
Tax Period
2023-10-01 to 2024-09-30

Annie Penn Memorial Hospital Foundation, founded in 1990, is a small nonprofit that reported $292K in total revenue in fiscal year 2023. Revenue fell 31% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $136K, a strong 47% operating margin.

Mission

THE PRIMARY PURPOSE OF THE FOUNDATION IS TO FOSTER, PROMOTE SUPPORT, AND ENCOURAGE THE FUNCTION OF THE MOSES H. CONE MEMORIAL OPERATING CORPORATION, DOING BUSINESS AS THE ANNIE PENN HOSPITAL CAMPUS OF THE MOSES CONE HEALTH SYSTEM IN REIDSVILLE, NC. FUNDS CAN BE USED FOR CONSTRUCTION, REMODELING, SUPPORT ADMINISTRATION, STAFFING AND ANY OTHER LEGITIMATE CHARITABLE FUNCTION OR ACTIVITIES.

Program Service Accomplishments

Program 1
Expenses: $132,701 Revenue: $0

THE PRIMARY PURPOSE OF THE FOUNDATION IS TO FOSTER, PROMOTE SUPPORT, AND ENCOURAGE THE FUNCTION OF THE MOSES H. CONE MEMORIAL OPERATING CORPORATION, DOING BUSINESS AS THE ANNIE PENN HOSPITAL CAMPUS...

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THE PRIMARY PURPOSE OF THE FOUNDATION IS TO FOSTER, PROMOTE SUPPORT, AND ENCOURAGE THE FUNCTION OF THE MOSES H. CONE MEMORIAL OPERATING CORPORATION, DOING BUSINESS AS THE ANNIE PENN HOSPITAL CAMPUS OF THE MOSES CONE HEALTH SYSTEM IN REIDSVILLE, NC. FUNDS CAN BE USED FOR CONSTRUCTION, REMODELING, SUPPORT ADMINISTRATION, STAFFING AND ANY OTHER LEGITIMATE CHARITABLE FUNCTION OR ACTIVITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $77,150
Program Service Revenue $0
Investment Income $214,633
Other Revenue $0
TOTAL REVENUE $291,783

Expense Breakdown

Grants Paid $101,332
Salaries & Benefits $0
Fundraising Expenses $17,161
Program Expenses $132,701
Other Expenses $54,250
TOTAL EXPENSES $155,582

Year-over-Year Comparison

2023 2022 Change
Revenue $291,783 $421,579 -0.3%
Expenses $155,582 $149,268 +0.0%
Net Income $136,201 $272,311 -0.5%
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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Liquidity & Cash Position

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Governance

Voting Members
23
Independent Members
20
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
6
$0
Total Directors
24
$161,632
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GORDON MARK REGIONAL PRESIDENT 0.0
$0 $87,892 $530,423
ORTH ANGELA SENIOR VP & CHIEF OF STAFF 0.0
$0 $37,300 $384,151
HUNT STOKES ANN EXECUTIVE DIRECTOR 0.0
$0 $38,510 $173,263
MENSAH KWESI TRUSTEE 0.0
Director
$0 $3,552 $90,679
ALVAREZ VIRIA TRUSTEE 0.0
Director
$0 $13,887 $59,523
YARBROUGH AMELIA TRUSTEE 0.0
Director
$0 $1,257 $11,430
ADAMS SCOTT TRUSTEE 0.0
Director
$0 $0 $0
AMOS KATIE TRUSTEE 0.0
Director
$0 $0 $0
BROWN ROSETTA TRUSTEE 0.0
Director
$0 $0 $0
BULLINS ABNER TRUSTEE 0.0
Director
$0 $0 $0
CARTER SHARRA TRUSTEE 0.0
Director
$0 $0 $0
DEJOURNETTE BARBARA SECRETARY 0.0
Officer Director
$0 $0 $0
FARMER JOSHUA TRUSTEE 0.0
Director
$0 $0 $0
JOHNSON ANNA TRUSTEE 0.0
Director
$0 $0 $0
KING WILMA TRUSTEE 0.0
Director
$0 $0 $0
LUKING LIZ CHAIR 0.0
Officer Director
$0 $0 $0
MCMANUS DR KATHLENN ADVISORY CHAIR 0.0
Officer Director
$0 $0 $0
MYERS DAVID TRUSTEE 0.0
Director
$0 $0 $0
O'NEIL MARA PAST PRESIDENT 0.0
Officer Director
$0 $0 $0
PETERSEN HEATHER TRUSTEE 0.0
Director
$0 $0 $0
PHILLIPS WILLIAM TRUSTEE 0.0
Director
$0 $0 $0
POWELL MARY BETH VICE-CHAIR 0.0
Officer Director
$0 $0 $0
TAYLOR LAUREN TREASURER 0.0
Officer Director
$0 $0 $0
VAUGHN JASON TRUSTEE 0.0
Director
$0 $0 $0
WALKER CLINT TRUSTEE 0.0
Director
$0 $0 $0
WOODARD SUMMER TRUSTEE 0.0
Director
$0 $0 $0
ZELLER GABE TRUSTEE 0.0
Director
$0 $0 $0
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
2024 $291,783 $155,582 No data $136,201
2023 $421,579 $149,268 $4,555,630 $272,311
2022 $365,371 $232,240 $3,974,556 $133,131
2021 $543,490 $353,971 $4,829,526 $189,519
2020 $287,048 $263,220 $3,937,737 $23,828
2019 $557,688 $282,305 $3,777,070 $275,383
2018 $444,298 $326,920 $3,442,537 $117,378
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