CaroMont Health

Overview

Mission

To put people before profits and to put patients at the center of everything we do.

CaroMont Regional Medical Center, established in 1946, is a 476-bed acute care hospital in Gastonia, North Carolina. It serves as the anchor of the CaroMont Health system, offering a Level III Trauma Center, a nationally-accredited Cancer Center, a state-of-the-art birthing center, and a Level III neonatal intensive care unit (NICU). The hospital provides a comprehensive range of services including cardiology, neurology, orthopedics, maternity, and primary care, and is nationally recognized for exceptional care and patient safety.

Operating model

Revenue model

Other-operating. 100% of the money available for current operations came from other operating revenue.

Distribution model

Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

- This return only reports unrelated business income. Use the main filing to assess the organization as a whole.

Rating breakdown

Details

• What they do: 2 programs and campaigns described on the official site · 2 operating locations identified
• Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
• Activities: Unrelated business income $71K · Business deductions $286K
• Consistency: 10 of 10 current checks pass
• Filing history: 5 filing years from 2020 to 2024
• Contacts: How to reach this organization
• Money network: 34 filed money-flow records
• Related organizations: 28 filed related-organization links
• 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.