UNC Health Rockingham

Legal name: Morehead Memorial Hospital

Nonprofit profile at a glance

EIN
560591294
IRS 990 coverage
2009–2015
Official website data refreshed
Aug 2026
Forms available
Form 990 2015
Location
Eden, NC, US
Phone
(336) 623-9711
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Hospital, General

Official website

Reported finances

Revenue
$89,934,499
Expenses
$95,250,357
Assets
$63,883,681
Liabilities
$67,035,677

Source: IRS Form 990. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

23 people listed

Executive titles in this filing

  • DANA M WESTON (PRESIDENT AND CEO)
  • HOWARD AINSLEY (CEO (FORMER))

Highest reported compensation

  • CHRISTOPHER BENSON MD (GASTORENTEROLOGIST): $599,897 total reported compensation
  • STEVEN CASE MD (ORTHOPEDIST): $557,712 total reported compensation
  • EWAIN P WILSON MD (TRUSTEE): $448,655 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To improve the health and well-being of the communities we serve.

What it reported doing in 2015

Morehead memorial hospital is a nonprofit, 108-bed community hospital preserving excellent, compassionate and trusted care where it is needed most: close to home. As a cornerstone in eden, n.c., and a major employer, the hospital serves people throughout rockingham county and in neighboring southern Virginia areas. In addition to inpatient, outpatient, surgical and emergency care, the hospital offers diagnostic and treatment services, provides screenings and tests and leads wellness initiatives. Our strong community ties motivate us to raise our standards every day, assuring that we provide trusted care, close to home.highlights-- a state of the art birthing center where mothers labor in well-appointed, home-like comfort;-- an on-campus, 121-bed, long-term care facility offering skilled nursing and rehabilitation; -- a wound care center with the area's only hyperbaric chambers offering state-of-the-art care for difficult-to-heal wounds;-- an occupational health center that supports local industries and businesses with wellness and injury and workers' compensation management;-- an on-site cancer center making it possible for patients to receive treatment in the comfort of their community;-- an urgent care center, morehead west, in mayodan, n.c.more than 15 service areas and clinics round out our delivery of community based health and wellness. We have an active medical staff of 28, consulting staff of 14, courtesy staff of 41, contingent staff of 121, dental staff of 1, honorary staff of 3 and an allied health professional staff of 45.

Operating model

Revenue model
Other-operating. 99% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 79
  • Accountability: 87
  • Sustainability: 16
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.7%; rating input score 93
  • Program expense ratio: 87.6%; rating input score 88
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 67th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 84.6%; rating input score 85; 37th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -5.9%; rating input score 10; 10th percentile among comparable filings
  • Total-asset coverage ratio: 0.67; rating input score 28; 28th percentile among comparable filings
  • Liabilities to assets ratio: 1.05; rating input score 6; 6th percentile among comparable filings
  • Officer compensation ratio: 4%; rating input score 22; 22nd percentile among comparable filings

Growth

  • Program expense growth: -3.2% per year; rating input score 0; 9th percentile among comparable filings
  • Revenue growth: -2.2% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: -6.6% per year; rating input score 0; 5th percentile among comparable filings

Details

  • What they do: 3 programs and campaigns described on the official site · 2 operating locations identified
  • Where the money goes: 92.7% of revenue deployed · 87.6% of spending went to programs
  • Governance: 11 of 13 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $83.4M in reported program spending
  • Leadership: top reported pay $600K · 23 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $6.9M reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 7 filing years from 2009 to 2015
  • Contacts: How to reach this organization
  • Money network: 10 filed money-flow records
  • Related organizations: 2 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.

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.

  • High — Sustainability: Operating margin scored 10/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 28/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • High — Sustainability: Liabilities to assets ratio scored 6/100.
  • High — Sustainability: Officer compensation ratio scored 22/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.