Atrium Health Inc
Nonprofit profile at a glance
- EIN
- 843647453
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Charlotte, NC, USA
- Phone
- 7046310487
- Rating confidence
- Limited
- Sector
- Nonmonetary Support N.E.C.
Reported finances
- Revenue
- $0
- Expenses
- $0
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- EUGENE A WOODS (PRESIDENT & CEO)
People named in this filing
- VICTORIA S SUTTON (DIRECTOR)
- THOMAS C NELSON (DIRECTOR)
- SUSAN R WENTE PHD (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Atrium health will oversee an integrated academic and community health system that is steeped in innovation and poised to reshape the delivery of healthcare and achieve the highest and safest outcomes in the communities it serves.
What it reported doing in 2024
The organization was was established by the charlotte-mecklenburg hospital authority, a North Carolina hospital authority (cmha), and wake forest university baptist medical center, a North Carolina nonprofit corporation (wfbmc), for the principal purpose of creating a single, integrated academic and community health system. The organization oversees an integrated academic and community health system with operations in Alabama, Georgia, North Carolina, and South Carolina (the "enterprise"). The enterprise operates within a framework initially established by the terms of the health system integration agreement, dated as of october 9, 2019, among the corporation, cmha, wfbmc, wake forest university health sciences, North Carolina baptist hospital, and wake forest university (the "integration agreement") and the enterprise agreement, dated as of october 9, 2020 by and among the corporation, cmha and wfbmc (the "enterprise agreement"), as such agreements may be amended from time to time.1 as of july 14, 2021, floyd healthcare management, inc. ("floyd") became affiliated with the enterprise pursuant to the terms of a membership substitution agreement, which calls for the integration of floyd's hospitals and affiliated providers in Georgia and Alabama to be operated as part of the enterprise in accordance with the enterprise agreement.as of december 2, 2022, the organization entered into a joint operating agreement (the "joa") with advocate aurora health, inc. (aah), through the creation of advocate health, inc. (advocate health), which will manage and oversee an integrated healthcare delivery and academic system consisting of the enterprise and certain affiliates of aah (the enterprise and such affiliates of aah collectively referred toas the "system").
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 41
- Sustainability: NotEnoughData
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 50%; rating input score 50; 0th percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: Limited
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 5 of 6 current checks pass · 1 finding to review
- Schedules: 1 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.