CABARRUS ROWAN COMMUNITY HEALTH CENTERS INC

EIN: 611459826 501(c)(3) Health Care

CONCORD, NC

Total Revenue
$25,513,142
Total Expenses
$24,553,724
Total Assets
$14,405,660
Net Assets
$8,431,822
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
NC
Principal Officer
DON HOLLOMAN
Phone
7047922242
Tax Period
2025-01-01 to 2025-12-31

CABARRUS ROWAN COMMUNITY HEALTH CENTERS INC, founded in 2006, is a mid-sized nonprofit in the Health Care sector that reported $25.5M in total revenue in fiscal year 2025. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $24.6M left a modest 4% surplus.

Mission

THE ORGANIZATION PROVIDES HEALTH CARE TO INDIVIDUALS REGARDLESS OF THEIR ABILITY TO PAY. THIS IS A DIRECT FULFILLMENT OF THEIR TAX EXEMPT PURPOSE.

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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 (2025)

Revenue Breakdown

Contributions & Grants $6,909,544
Program Service Revenue $18,259,867
Investment Income $343,731
Other Revenue $0
TOTAL REVENUE $25,513,142

Expense Breakdown

Grants Paid $0
Salaries & Benefits $14,609,515
Fundraising Expenses $0
Program Expenses $17,284,247
Other Expenses $9,944,209
TOTAL EXPENSES $24,553,724

Year-over-Year Comparison

2025 2024 Change
Revenue $25,513,142 $18,763,948 +0.4%
Expenses $24,553,724 $18,773,484 +0.3%
Net Income $959,418 $-9,536 -101.6%
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

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

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Governance

Voting Members
11
Independent Members
11
Employees
232
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
$1,403,318
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT FREEMAN BOARD MEMBER 2.00
Director
$0 $0 $0
STEWART ALLISON BOARD MEMBER 2.00
Director
$0 $0 $0
PATRICK LYNCH BOARD MEMBER 2.00
Director
$0 $0 $0
JANE SELLERS BOARD MEMBER 2.00
Director
$0 $0 $0
ANGELA JONES-GRAHAM BOARD MEMBER 2.00
Director
$0 $0 $0
MONICA STEVENSON BOARD MEMBER 2.00
Director
$0 $0 $0
MARIO LOPEZ BOARD MEMBER 2.00
Director
$0 $0 $0
RICK PARKER BOARD MEMBER 2.00
Director
$0 $0 $0
ALONDRA AMEZQUITA BOARD MEMBER 2.00
Director
$0 $0 $0
JACK PUCKET BOARD MEMBER 2.00
Director
$0 $0 $0
DORIN CHANDLER BOARD MEMBER 2.00
Director
$0 $0 $0
DON HOLLOMAN CHIEF EXECUTIVE OFFICER 40.00
Officer
$328,056 $18,024 $346,080
WILL THOMPSON CHIEF FINANCIAL OFFICER 40.00
Officer
$143,587 $13,211 $156,798
DANITA WASHINGTON CHIEF OPERATIONAL OFFICER 40.00
Officer
$141,170 $13,153 $154,323
LYDIA ADAMS MEDICAL DIRECTOR 40.00
Officer
$307,451 $19,910 $327,361
CARLTON BRUCE DENTAL DIRECTOR 40.00
Officer
$215,641 $14,490 $230,131
BRUCE STEPHENS DIRECTOR OF BEHAVIORAL HEALTH SERVICES 40.00
Officer
$178,486 $10,139 $188,625
ANA MURILLO DENTIST 40.00
Highest
$164,387 $12,515 $176,902
ANTHONY PATTERSON PSYCHIATRIST 40.00
Highest
$232,923 $8,200 $241,123
ANIETRA BAILEY PHYSICIAN 40.00
Highest
$230,565 $0 $230,565
ERIN MURPHY DENTIST 40.00
Highest
$169,155 $14,198 $183,353
AMBER WASHINGTON-LAPRESTA ASSISTANT CHIEF MEDICAL OFFICER 40.00
Highest
$200,618 $14,649 $215,267
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 $25,513,142 $24,553,724 $14,405,660 $959,418
2024 $18,763,948 $18,773,484 $11,369,734 $-9,536
2023 $15,201,499 $15,148,941 $11,470,377 $52,558
2022 $13,206,631 $13,304,097 $8,436,403 $-97,466
2021 $12,853,702 $12,037,401 $7,130,823 $816,301
2020 $11,512,403 $9,815,603 $5,991,266 $1,696,800
2019 $7,793,697 $7,450,115 $3,922,203 $343,582
2018 $6,338,790 $6,172,037 $3,403,523 $166,753
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