Mission
TO ENGAGE AND INSPIRE OUR COMMUNITY TO SUPPORT CAROMONT HEALTH IN PROVIDING COMPASSIONATE, EXCEPTIONAL AND HIGHLY RELIABLE CARE.
Public Charity
GASTON MEMORIAL HOSPITAL FOUNDATION INC
GASTON MEMORIAL HOSPITAL FOUNDATION INC, of GASTONIA, NC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $4.1M in revenue, $2.0M in expenses, $32.2M in total assets. 17 publicly reported grants to this organization, totaling roughly $8.9M, appear in IRS filings.
EIN: 561479699
GASTONIA, NC
Community Health Systems
NTEE: E21
Latest filing: 2024
Total Revenue$4.1M
Total Expenses$2.0M
Total Assets$32.2M
Grant Records17
Funding Total$8.9M
Filing Years2020–2024
Where $100 goes at Gaston Memorial Hospital Foundation Inc
How Gaston Memorial Hospital Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$98
Programs
the work itself
$2
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $98 for programs
$98
The mission of the CaroMont Health Foundation is to engage and inspire the community to support CaroMont Health by providing compassionate, exceptional and highly reliable care
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
Operations of the grantmaking organization
$4,622,686
GENERAL SUPPORT
$565,200
Operations of the grantmaking organization
$482,521
GENERAL SUPPORT
$31,000
OPERATIONS OF THE GRANTMAKING ORGANIZATION
$522,330
Showing up to 5 of 17 total records — full history available with membership.
Officers & Directors
Secretary
Dr George Adcock Lll
EVP/CFO/Asst. Treasurer/Director
Mr David O'connor
Director
Mr Jason Austell
CEO
Mr K Christopher Peek
Director
Mr Steven Wilson
Chair
Ms Janie Peak
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $4.1M | $2.0M | $32.2M |
| 2023 | $1.7M | $1.6M | $27.8M |
| 2022 | $2.5M | $1.5M | $26.1M |
| 2021 | $2.7M | $4.2M | $29.0M |
| 2020 | $2.2M | $1.7M | $27.3M |
Between 2020 and 2024, reported annual revenue grew from $2.2M to $4.1M (+87%), with total assets most recently reported at $32.2M.
Interactive year-over-year charts and full filing details available with membership.