Public Charity

CAROMONT MEDICAL GROUP INC

Based in Gastonia, NC, CAROMONT MEDICAL GROUP INC operates as a Public Charity. The organization reported $165.7M in revenue, $208.8M in expenses, $82.8M in total assets for fiscal year 2024. Imperigo tracks 2 reported grant relationships connected to this organization totaling approximately $494K.

EIN: 561479712 Gastonia, NC Single Organization Support NTEE: E11 Latest filing: 2024
Total Revenue$165.7M
Total Expenses$208.8M
Total Assets$82.8M
Grant Records2
Funding Total$494K
Filing Years2020–2024

Mission

TO PROVIDE COMPASSIONATE, EXCEPTIONAL AND HIGHLY RELIABLE CARE.

Where $100 goes at Caromont Medical Group Inc

How Caromont Medical Group Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$94 Programs the work itself
$6 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 $94 for programs

$94
Caromont Medical Group owns and operates a network of 50 primary care and specialty physician practices and five urgent care centers
All program spending · Reported in the filing: 794,153 visits
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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

2024
HELPING INDEPENDENT PRACTICES EXPAND ACCESS TO AND IMPROVE QUALITY OF CARE FOR VULNERABLE POPULATIONS
$304,555
2023
HELPING INDEPENDENT PRACTICES EXPAND ACCESS TO AND IMPROVE QUALITY OF CARE FOR VULNERABLE POPULATIONS
$189,918

Showing up to 5 of 2 total records — full history available with membership.

Officers & Directors

Director Dr Andrew Dyksterhouse
Physcian Dr Dustin Letts
Physcian Dr Inderjeet Singh
Physcian Dr James Greelish
Director Dr Jay Hendler
Director Dr Mark Thompson

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$494,473 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $165.7M $208.8M $82.8M
2023 $155.3M $192.2M $71.9M
2022 $144.4M $175.3M $65.4M
2021 $131.1M $162.1M $43.9M
2020 $124.3M $150.0M $34.3M

Between 2020 and 2024, reported annual revenue grew from $124.3M to $165.7M (+33%), with total assets most recently reported at $82.8M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for CAROMONT MEDICAL GROUP INC

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