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. 15 publicly reported grants to this organization, totaling roughly $4.3M, appear in IRS filings.

EIN: 561479699 GASTONIA, NC Latest filing: 2024
Total Revenue$4.1M
Total Expenses$2.0M
Total Assets$32.2M
Grant Records15
Funding Total$4.3M
Filing Years2020–2024

Mission

TO ENGAGE AND INSPIRE OUR COMMUNITY TO SUPPORT CAROMONT HEALTH IN PROVIDING COMPASSIONATE, EXCEPTIONAL AND HIGHLY RELIABLE CARE.

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

OPERATIONS OF THE GRANTMAKING ORGANIZATION
$2,825,817 6 grants
GENERAL SUPPORT
$609,600 3 grants
Operations of the grantmaking organization
$482,521 1 grant
operations of the grantmaking organization
$293,703 1 grant
For grant recipient's exempt purposes
$34,600 3 grants

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.

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