What is Gaston Memorial Hospital Inc's total revenue?

Gaston Memorial Hospital Inc reported total revenue of $709.9M for tax year 2023 on its IRS Form 990, against $650.8M in total expenses and $-316K in net income.

What are Gaston Memorial Hospital Inc's total assets?

Gaston Memorial Hospital Inc reported total assets of $838.4M and net assets of $394.5M on its FY2023 IRS Form 990.

Where can I find Gaston Memorial Hospital Inc's IRS Form 990?

Gaston Memorial Hospital Inc files IRS Form 990 annually under EIN 56-0619359. The financial summary, executive compensation, and community benefit data are shown on this page; the original filing is also available directly from the IRS.

IRS Form 990 · EIN 56-0619359

Gaston Memorial Hospital Inc

Gastonia, NC 28054-2140 · Tax year 2023

NTEE E22Original filing PDF →

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$709.9M

Total revenue

$650.8M

Total expenses

$-316K

Net income

-0.0%

Operating margin

Financial summary

Total revenue: $709.9M
Contributions + grants: $437K
Program service revenue: $705.1M
Total expenses: $650.8M
Program expenses: —
Administrative expenses: —
Fundraising expenses: —
Net income: $-316K
Total assets: $838.4M
Total liabilities: $444.0M
Net assets: $394.5M

Peer comparison

Compared to 19 organizations with NTEE E22 in NC

Avg revenue (peers)

$996.6M

This org:$709.9M

Avg net income (peers)

$2.3M

This org:$-316K

Avg top exec comp (peers)

$1.5M

This org (highest):$2.1M

Executive compensation (FY2023)

27 officers + key employees reported on Schedule J

Name	Title	Hours/wk	Base comp	Total comp
Mr K Christopher Peek	CEO	45	$1.0M	$2.1M
Dr Todd Davis	EVP Chief Physician Executive	45	$669K	$1.2M
Mr David O'Connor	EVP/CFO/Asst. Treasurer	45	$602K	$1.1M
Mr Danny Wharton	Chief Operating Officer	45	$447K	$804K
Mr Frank Murphy	VP Strategy Business Development	40	$370K	$802K
Dr George Adcock III	VP Medical Affairs	40	$404K	$735K
Mr Richard Blackburn	VP Support Services	40	$347K	$714K
Ms Robin Lang	VP Chief Information Officer	40	$371K	$683K
Ms Leigh Hickman	CLO/Asst. Sec.	45	$376K	$675K
Mr Joel Riddle	VP Human Resources	40	$194K	$548K
Dr Micheal Gaslin	Past-Chief-of-Staff (non-voting) through 12/31/2023	1	$20K	$20K
Mr Jay McGraw	Director	1	—	—
Mr David Payseur	Treasurer	1	—	—
Ms Annette Carter	Director	1	—	—
Ms Janie Peak	Director	1	—	—
Rev Dr Benjamin Hinton	Director	1	—	—
Mr Joseph Davis Jr	Director	1	—	—
Mr Jeffrey Cash	Chair	1	—	—
Mr Tim Efird	Vice chair	1	—	—
Rev Dr Pearl Burris-Floyd	Secretary	1	—	—
Dr Heath High	Chief of Staff (COS) Elect through 12/31/23 (non-voting); COS starting 1/1/24	1	—	—
Dr Jay Hendler	Chief of Staff (COS) through 12/31/23; Immediate Past COS starting 1/1/24 (non-voting)	1	—	—
Dr Shiddhi Patel	Chief-of Staff Elect (non-voting) starting 1/1/2024	1	—	—
Mr Bob Hovis	Director	1	—	—
Mr Dan Boyd	Director	1	—	—

10-year history

Revenue and net income trend across all available filings

RevenueNet income

Year	Revenue	Expenses	Net income	Assets
2023	$709.9M	$650.8M	$-316K	$838.4M
2022	$689.4M	$631.9M	$2.2M	$730.9M
2021	$665.1M	$563.9M	$19.4M	$627.8M
2020	$583.5M	$526.5M	$61K	$442.2M
2019	$547.0M	$495.9M	$-425K	$440.7M
2018	$513.5M	$470.4M	$-104K	$436.5M
2017	$483.8M	$450.6M	$-194K	$425.7M
2016	$465.3M	$435.6M	$4K	$435.0M
2015	$432.5M	$393.1M	$-332K	$398.3M
2014	$423.9M	$383.6M	$-161K	$372.7M

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