Public Charity

CAROMONT HEALTH

CAROMONT HEALTH is a Public Charity headquartered in Gastonia, NC. Financial data from the 2024 filing: $41.4M revenue, $3.5M expenses, $822.3M total assets. 3 publicly reported grants to this organization, totaling roughly $498K, appear in IRS filings.

EIN: 581636959 Gastonia, NC Latest filing: 2024
Total Revenue$41.4M
Total Expenses$3.5M
Total Assets$822.3M
Grant Records3
Funding Total$498K
Filing Years2020–2024

Mission

TO PROVIDE COMPASSIONATE, EXCEPTIONAL AND HIGHLY RELIABLE CARE.

Officers & Directors

Chief of Staff (COS) Elect through 12/31/23 (non-voting); COS starting 1/1/24 Dr Heath High
Chief of Staff (COS) through 12/31/23; Immediate Past COS starting 1/1/24 (non-voting) Dr Jay Hendler
Past-Chief-of-Staff (non-voting) through 12/31/2023 Dr Michael Gaslin
Chief-of Staff Elect starting 1/1/2024 Dr Shiddhi Patel
Director Mr Bob Hovis
Director Mr Dan Boyd

Officer compensation and complete director data available with membership.

Top Grant Purposes

Operational Support
$490,855 1 grant
Patient Support
$7,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $41.4M $3.5M $822.3M
2023 $23.7M $3.8M $743.2M
2022 $61.5M $4.7M $832.4M
2021 $53.0M $3.3M $956.0M
2020 $24.2M $3.8M $769.8M

Between 2020 and 2024, reported annual revenue grew from $24.2M to $41.4M (+72%), with total assets most recently reported at $822.3M.

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

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