Public Charity

CAROMONT HEALTH

CAROMONT HEALTH is a Public Charity headquartered in Gastonia, NC. Financial data from the 2025 filing: $90.2M revenue, $13.1M expenses, $1.0B total assets. 3 publicly reported grants to this organization, totaling roughly $498K, appear in IRS filings.

EIN: 581636959 Gastonia, NC Single Organization Support NTEE: E11 Latest filing: 2025
Total Revenue$90.2M
Total Expenses$13.1M
Total Assets$1.0B
Grant Records3
Funding Total$498K
Filing Years2021–2025

Mission

TO PROVIDE COMPASSIONATE, EXCEPTIONAL AND HIGHLY RELIABLE CARE.

Officers & Directors

Chief-of-Staff starting 1/1/2024 Dr Health High
Immediate past Chief-of-Staff starting 1/1/2024 - non voting Dr Jay Hendler
Chief-of Staff Elect starting 1/1/2024 - non voting Dr Shiddi Patel
Director Mr Bob Hovis
Director Mr Dan Boyd
EVP/CFO/Asst. Treasurer Mr David O'connor

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
2025 $90.2M $13.1M $1.0B
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

Between 2021 and 2025, reported annual revenue grew from $53.0M to $90.2M (+70%), with total assets most recently reported at $1.0B.

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

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