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Caromont Medical Group Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 561479712 ✦ Gastonia, NC ✦ Designated as a 501(c)(3)

Overview

What is Caromont Medical Group Inc?

Caromont Medical Group Inc is a North Carolina-based nonprofit organization with a network of over 50 primary care and specialty physician practices and five urgent care centers. Employing more than 200 physicians and over 70 advanced practitioners in 25 different specialties, they provided 715,032 patient visits in fiscal year 2022. Committed to their communities, they make monetary and in-kind contributions to local non-profit organizations, have their physicians and staff volunteer at community events and health fairs, and lead community boards. Caromont Medical Group's mission is to deliver compassionate, exceptional, and highly reliable care.


Official website here: www.caromont.org

Is Caromont Medical Group Inc legitimate?

Caromont Medical Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Caromont Medical Group Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,476,929
Professional Fundraising Fees: $0
Other Salaries and Wages: $114,874,112

For more financial information, click here


Official website here: www.caromont.org

What is the mission statement of Caromont Medical Group Inc?

Caromont Medical Group Inc is committed to delivering compassionate, exceptional, and highly reliable healthcare services. The group operates a network of over 50 primary care and specialty physician practices and five urgent care centers, served by more than 200 physicians and over 70 advanced practitioners in various medical disciplines. In fiscal year 2022, Caromont Medical Group provided care to 715,032 patients. Embracing its community role, the organization supports local non-profits through monetary and in-kind contributions, offers volunteer hours from its physicians and staff, and has leaders serving on community boards.


Official website here: www.caromont.org

Who is the CEO of Caromont Medical Group Inc?

David O'Connor is the Chair of Caromont Medical Group Inc. The CEO's salary of Caromont Medical Group Inc is $0 and their total compensation is $1,745,670.


Official website here: www.caromont.org

What is the revenue of Caromont Medical Group Inc?

Caromont Medical Group Inc's revenue in 2022 was $144,361,376.


Official website here: www.caromont.org

Who are the executives of Caromont Medical Group Inc and what are their salaries?

The average compensation at Caromont Medical Group Inc during 2022 was $111,876. There are 1,040 employees at Caromont Medical Group Inc.

Here are 15 key members and their salaries (Caromont Medical Group Inc's CEO's salary is $0 and their total compensation is $1,745,670):

    Mr K Christopher Peek (Ceo)
  • Compensation: $0
  • Related: $1,491,823
  • Other: $253,847

    • Dr James Greelish (Physcian)
  • Compensation: $947,635
  • Related: $0
  • Other: $42,728

    • Dr Paul Kochupura (Physcian)
  • Compensation: $954,064
  • Related: $0
  • Other: $28,129

    • Mr David O'Connor (Evp/Cfo/Asst. Treasurer)
  • Compensation: $0
  • Related: $816,772
  • Other: $147,842

    • Dr Dustin Letts (Physcian)
  • Compensation: $897,546
  • Related: $0
  • Other: $42,728

    • Dr Walter Caulfield Lv (Physcian)
  • Compensation: $876,850
  • Related: $0
  • Other: $35,941

    • Dr Alec Akbarov (Physcian)
  • Compensation: $852,929
  • Related: $0
  • Other: $39,683

    • Dr Mark Thompson (Director)
  • Compensation: $756,858
  • Related: $0
  • Other: $34,028

    • Ms Leigh Hickman (Vp/Clo/Asst. Sec.)
  • Compensation: $0
  • Related: $440,881
  • Other: $82,961

    • Dr Jay Hendler (Chief-Of-Staff) [Trustee/Director]
  • Compensation: $468,258
  • Related: $0
  • Other: $29,004

    • Dr Andrew Dyksterhouse (Director)
  • Compensation: $251,813
  • Related: $180,615
  • Other: $32,405

    • Mr Bob Hovis (Director (Begin 1/1/22))
  • Compensation: $0
  • Related: $19,872
  • Other: $0

    • Mr Frank Stewart (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Jake Gray Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Donnie Loftis (Director (Through 11/10/21))
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.caromont.org

    Where can I find the form 990 for Caromont Medical Group Inc?

    The Caromont Medical Group Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.caromont.org

    Learn more at the official website: www.caromont.org

    Mission Statement of Caromont Medical Group Inc

    Caromont Medical Group Inc, a leading healthcare provider, is committed to delivering compassionate, exceptional, and highly reliable care. The group's mission is geared towards making a positive impact on patients' lives by providing top-tier medical services. With a robust network of 50 primary care and specialty physician practices and five urgent care centers, Caromont Medical Group employs over 200 physicians and over 70 advanced practitioners in 25 different specialties. In the fiscal year 2022, the medical group served over 715,000 patient visits.

    Caromont Medical Group's dedication to its communities is evident through its various philanthropic endeavors. The practices extend financial support to community non-profit organizations, with physicians and staff volunteering at local events and health fairs. Moreover, group leaders actively participate on community boards. The group's commitment to community involvement not only strengthens its relationships with the local population but also enhances its reputation as a trusted healthcare provider.

    By owning and operating a comprehensive network of medical practices, Caromont Medical Group is able to cater to the diverse healthcare needs of its patient population. The group's focus on delivering compassionate care sets it apart from its competitors, creating an unparalleled standard of healthcare for its clients. Through its unwavering dedication to providing exceptional care, Caromont Medical Group continues to foster strong bonds with its patients and communities.

    Impact

    This information is meant to be a general summary of Caromont Medical Group Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Caromont Medical Group Inc's impact lies in providing compassionate, exceptional, and highly reliable care to its community. Through its network of 50 primary care and specialty physician practices and five urgent care centers, the group employs over 200 physicians and 70 advanced practitioners across 25 different specialties. In fiscal year 2022 alone, the medical group facilitated 715,032 patient visits, showcasing its significant contribution to healthcare accessibility.

    Furthermore, Caromont Medical Group actively engages with its communities through monetary and in-kind contributions to nonprofit organizations, volunteering at events and health fairs, and having leaders serve on community boards. This multi-faceted approach demonstrates the commitment of Caromont Medical Group to not only providing quality healthcare but also fostering a strong sense of community involvement and support.

    In summary, Caromont Medical Group Inc's impact can be seen in its continual dedication to delivering top-notch medical services, promoting community well-being, and actively participating in initiatives that benefit the greater good.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-4,853
  • Program Service Revenue: $139,124,385
  • Gross Receipts: $144,399,455

    • Assets and Liabilities:
  • Total Assets: $65,416,046
  • Total Liabilities: $36,401,104
  • Net Assets: $29,014,942
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PATIENT SERVICE REVENUE

    Revenue

    $139,124,385

    Organization Details

    Founding Year

    1985

    Principal Officer

    David O'Connor

    Main Address

    2525 COURT DRIVE PO BOX 1747, GASTONIA, NC, 280531747

    NTEE Category

    Code: E31 - Health

    If you are a representative of Caromont Medical Group Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.