IRS Form 990 · EIN 56-2095382

Armc Physicians Care Inc

Greensboro, NC 27401-1004 · Tax year 2023

NTEE E22Specialty Hospital

$16.4M

Total revenue

$20.6M

Total expenses

$-4.3M

Net income

-26.0%

Operating margin

Financial summary

Compared to 19 organizations with NTEE E22 in NC

Avg revenue (peers)

$1.03B

This org:$16.4M

Avg net income (peers)

$2.5M

This org:$-4.3M

Avg top exec comp (peers)

$1.8M

This org (highest):$419K

13 officers + key employees from the most recent Schedule J filing (FY2024; the financial summary above is FY2023)

Name	Title	Hours/wk	Base comp	Total comp
JOHNSON MD MEGAN	PHYSICIAN	40	$277K	$419K
SOWLES MD KRICHNA	PHYSICIAN	40	$210K	$385K
HISADA MD REINA	PHYSICIAN	40	$234K	$322K
KARAMALEGOS ALEXANDER	PHYSICIAN	40	$196K	$302K
MATTHEWS MD JASON	PHYSICIAN	40	$193K	$285K
CLEVELAND BEVERLY	CHIEF FINANCIAL OFFICER	0	—	—
CURRAN WILLIAM	PRESIDENT	0	—	—
CAGLE MD MARY JO	DIRECTOR	0	—	—
GAINEY MD FREDRICK	DIRECTOR	0	—	—
BARROW ANDREW	DIRECTOR	0	—	—
PORTILLO MD MARTIN	FORMER PRESIDENT	0	—	—
SINOPOLI MD ANGELO	DIRECTOR	0	—	—
BROWN CHRISTOPHER	VICE PRESIDENT	0	—	—

Revenue and net income trend across all available filings

RevenueNet income

Year	Revenue	Expenses	Net income	Assets
2024	—	—	—	—
2023	$16.4M	$20.6M	$-4.3M	$2.5M
2022	$14.2M	$18.5M	$-4.3M	$2.2M
2021	$13.0M	$18.5M	$-839	$1.9M
2020	$12.0M	$17.7M	$-5.7M	$2.1M
2019	$12.3M	$19.7M	$-7.4M	$2.4M
2018	$11.3M	$20.2M	$-8.8M	$2.7M
2017	$10.8M	$19.1M	$-8.3M	$3.0M
2016	$11.5M	$21.1M	$-1K	$3.1M
2015	$11.1M	$19.0M	$-10K	$2.4M

This organization appears to be a hospital. Explore additional data sources: