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Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$1.4B
Program Spending
82%
of total expenses go to program services
Total Contributions
$17.1M
Total Expenses
▼$1.3B
Total Assets
$5.8B
Total Liabilities
▼$5B
Net Assets
$888.1M
Officer Compensation
→$4.1M
Other Salaries
$435.9M
Investment Income
$40M
Fundraising
▼N/A
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$1.5M
Awards Found
3
Department of Health and Human Services
$903K
COMMUNITY PROJECT FUNDING/CONGRESSIONALLY DIRECTED SPENDING - CONSTRUCTION - CUMBERLAND COUNTY HOSPITAL SYSTEM, INC. /CAPE FEAR VALLEY HEALTH SYSTEM (CFVHS) RESPECTFULLY REQUESTS $903,000 FROM THE HEALTH RESOURCES AND SERVICES ADMINISTRATION (HRSA) COMMUNITY PROJECT FUNDING / CONGRESSIONALLY DIRECTED SPENDING (CPF/CDS) TO PROVIDE FACILITY UPGRADES FOR AN OUTPATIENT CLINIC AND PURCHASE EQUIPMENT TO TRAIN ORTHOPEDIC SURGERY PHYSICIAN RESIDENTS FROM BOTH CAPE FEAR VALLEY MEDICAL CENTER AND WOMACK ARMY MEDICAL CENTER IN FAYETTEVILLE, NORTH CAROLINA. THE PROPOSED CFVHS / WOMACK ORTHOPEDIC SURGERY OUTPATIENT CLINIC HAS BEEN APPROVED BY THE ACCREDITATION COUNCIL OF GRADUATE MEDICAL EDUCATION [ACGME] AND THE FIRST RESIDENTS WILL BEGAN TRAINING IN JUNE 2023. WITH A LARGE CIVILIAN AND MILITARY POPULATION IN CUMBERLAND COUNTY NC, THERE IS A NEED FOR HIGHLY TRAINED ORTHOPEDIC SURGEONS TO CARE FOR THE FULL SPECTRUM OF OPERATIVE AND NON-OPERATIVE ORTHOPEDIC DISEASES. THIS OUTPATIENT CLINIC WILL PROVIDE A UNIQUE TRAINING ENVIRONMENT WHICH WILL EQUIP ORTHOPEDIC SURGEONS TO SERVE IN BOTH RURAL AREAS AS WELL AS MILITARY SETTINGS. THE GOAL IS TO RETAIN 50% OF THE GRADUATING RESIDENTS AT THE COMPLETION OF THEIR TRAINING, WHICH WILL ALLOW MORE PATIENTS TO BE SERVED, ADDRESS THE PHYSICIAN SHORTAGE, AND IMPROVE ORTHOPEDIC OUTCOMES IN THIS REGION. THE USE OF FEDERAL TAXPAYER DOLLARS IS APPROPRIATE BECAUSE THOSE PATIENTS SERVED WILL INCLUDE NOT ONLY RESIDENTS OF SOUTHEASTERN NORTH CAROLINA, BUT ALSO MEMBERS OF THE MILITARY COMMUNITY. THE PROPOSED PROJECT WILL HAVE FACILITY IMPROVEMENTS AND EQUIPMENT COSTS. THE FACILITY PORTION OF THE PROJECT WILL INCLUDE REPLACING THE ROOF, REPLACING THE HVAC SYSTEM, INSTALLING SECURE AND SAFE DOOR CONTROLS WITH SENSORS, AND REPLACING LANDSCAPING AROUND THE BUILDING TO STABILIZE THE SIDEWALK AND BUILDING EXTERIOR. THE BUILDING FOOTPRINT WILL NOT CHANGE. THE PROJECT WILL ONLY PROVIDE UPGRADES/ IMPROVEMENTS TO THE EXISTING STRUCTURE. THIS WILL OCCUR AT THE CAPE FEAR VALLEY HEALTH – VALLEY ORTHOPEDICS CLINI C, LOCATED AT 1219 WALTER REED ROAD, IN FAYETTEVILLE, NORTH CAROLINA. THIS IS WHERE ORTHOPEDIC SURGERY RESIDENTS WILL TRAIN AND SEE PATIENTS ON AN OUTPATIENT BASIS. THIS IS WITHIN WALKING DISTANCE OF CAPE FEAR VALLEY MEDICAL CENTER. THE EQUIPMENT THAT WILL BE PURCHASED WILL INCLUDE PORTABLE/ MOVEABLE 3-D IMAGING EQUIPMENT AND SURGICAL EQUIPMENT TO BE USED IN THE ORTHOPEDIC SURGERY SUITE, LOCATED INSIDE OF CAPE FEAR VALLEY MEDICAL CENTER AT 1638 OWEN DRIVE, FAYETTEVILLE, NORTH CAROLINA. THIS, TOO, WILL BE UTILIZED IN TRAINING ORTHOPEDIC SURGERY RESIDENTS. NONE OF THE EQUIPMENT WILL BE ATTACHED TO THE FLOOR, WALL OR ANYPLACE ELSE. ALL OF THE REQUESTED EQUIPMENT WILL BE USED IN THE ORTHOPEDIC SURGERY ROOM.
Department of Health and Human Services
$207.6K
RURAL HEALTH CLINIC VACCINE CONFIDENCE PROGRAM
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
5
Clean Audits
3
Material Weakness
Yes
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2024 | Clean | Unmodified (Clean) | $134.5M | Yes | 2025-07-25 |
| 2023 | Clean | Unmodified (Clean) | $143.2M | No | 2024-06-26 |
| 2022 | Clean | Unmodified (Clean) | $184.4M | No | 2023-06-29 |
| 2021 | Material Weakness | Unmodified (Clean) | $45.8M | No | 2022-06-29 |
| 2020 | Material Weakness | Unmodified (Clean) | $6.4M | No | 2022-09-29 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$134.5M
Financial Report
Unmodified (Clean)
Federal Expenditure
$143.2M
Financial Report
Unmodified (Clean)
Federal Expenditure
$184.4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$45.8M
Financial Report
Unmodified (Clean)
Federal Expenditure
$6.4M
Tax Year 2024 · Source: IRS e-Filed Form 990
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $1.4B | $17.1M | $1.3B | $5.8B | $888.1M |
| 2022IRS e-File | $1.2B | $6.3M | $1.1B | $1.7B | $764.3M |
| 2021 | $1.2B | $75.4M | $1.1B | $1.5B | $741.8M |
| 2020 | $1.2B |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2023 | 990 | IRS e-File | |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Michael Nagowski | CEO | 54 | $1.5M | $0 | $20.7K | $1.6M |
| Bret Johnson | CFO | 54 | $721.6K | $0 | $20K | $741.6K |
| Sanjay Shah Md | Chair | 2 | $0 | $0 | $0 | $0 |
| Jimmy Keefe | Vice Chair | 2 | $0 | $0 | $0 | $0 |
| Ernest Jones | Secretary | 2 | $0 | $0 | $0 | $0 |
Michael Nagowski
CEO
$1.6M
Hrs/Wk
54
Compensation
$1.5M
Related Orgs
$0
Other
$20.7K
Bret Johnson
CFO
$741.6K
Hrs/Wk
54
Compensation
$721.6K
Related Orgs
$0
Other
$20K
Sanjay Shah Md
Chair
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Jimmy Keefe
Vice Chair
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Ernest Jones
Secretary
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Robert Maughan | Physician | 40 | $1.4M | $0 | $12.1K | $1.4M |
| Charles Haworth | Physician | 40 | $1.2M | $0 | $16.3K | $1.3M |
| Irlene Locklear | Physician | 40 | $1.1M | $0 | $12.5K | $1.1M |
| Hughey Carter | Physician | 40 | $968.9K | $0 | $6,655 | $975.6K |
| Kenneth Manning | Physician | 40 | $874.7K | $0 | $15.3K | $889.9K |
| Daniel Weatherly |
Robert Maughan
Physician
$1.4M
Hrs/Wk
40
Compensation
$1.4M
Related Orgs
$0
Other
$12.1K
Charles Haworth
Physician
$1.3M
Hrs/Wk
40
Compensation
$1.2M
Related Orgs
$0
Other
$16.3K
Irlene Locklear
Physician
$1.1M
Hrs/Wk
40
Compensation
$1.1M
Related Orgs
$0
Other
$12.5K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Afua Arhim | Trustee | 2 | $0 | $0 | $0 | $0 |
| Chuck Chima | Trustee | 2 | $62.5K | $0 | $0 | $62.5K |
| Clarence Grier | Trustee | 2 | $0 | $0 | $0 | $0 |
| Girum Feyissa Md | Trustee | 2 | $0 | $0 | $0 | $0 |
| Glenn Adams | Trustee | 2 | $0 | $0 | $0 | $0 |
| Jeannette Council | Trustee |
Afua Arhim
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Chuck Chima
Trustee
$62.5K
Hrs/Wk
2
Compensation
$62.5K
Related Orgs
$0
Other
$0
Clarence Grier
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
| $5M |
| $1.1B |
| $1.4B |
| $614.4M |
| 2019 | $1.1B | $4.7M | $1.1B | $1.2B | $557M |
| 2018 | $1.1B | $11.7M | $1B | $1.1B | $530.4M |
| 2017 | $1B | $6M | $977.3M | $1.1B | $499.2M |
| 2016 | $933.6M | $1.4M | $900.8M | $1.1B | $447.5M |
| 2015 | $881.3M | $1.2M | $852.7M | $1.1B | $409.5M |
| 2014 | $865.4M | $1.6M | $837.3M | $1B | $462.7M |
| 2013 | $858.1M | $478.4K | $832M | $935.7M | $434.4M |
| 2012 | $824.8M | $473.8K | $801.6M | $929.4M | $404.9M |
| 2011 | $772.8M | $750.1K | $741.7M | $865.2M | $344.9M |
| 2021 | 990 | Data |
| 2020 | 990 | Data | PDF not yet published by IRS |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| COO |
| 54 |
| $779.6K |
| $0 |
| $20.4K |
| $800K |
| Philip Wood Jr | CIO | 54 | $567.1K | $0 | $17.3K | $584.3K |
| Deborah Marshburn | Cno | 54 | $423.5K | $0 | $17.3K | $440.8K |
Hughey Carter
Physician
$975.6K
Hrs/Wk
40
Compensation
$968.9K
Related Orgs
$0
Other
$6,655
Kenneth Manning
Physician
$889.9K
Hrs/Wk
40
Compensation
$874.7K
Related Orgs
$0
Other
$15.3K
Daniel Weatherly
COO
$800K
Hrs/Wk
54
Compensation
$779.6K
Related Orgs
$0
Other
$20.4K
Philip Wood Jr
CIO
$584.3K
Hrs/Wk
54
Compensation
$567.1K
Related Orgs
$0
Other
$17.3K
Deborah Marshburn
Cno
$440.8K
Hrs/Wk
54
Compensation
$423.5K
Related Orgs
$0
Other
$17.3K
| 2 |
| $0 |
| $0 |
| $0 |
| $0 |
| Kelvin Farmer | Trustee | 2 | $0 | $0 | $0 | $0 |
| Larry Lancaster | Trustee | 2 | $0 | $0 | $0 | $0 |
| Marshall Faircloth | Trustee | 2 | $0 | $0 | $0 | $0 |
| Michael Boose | Trustee | 2 | $0 | $0 | $0 | $0 |
| Michael Jones Md | Trustee | 2 | $0 | $0 | $0 | $0 |
| Myron Strickland | Trustee | 2 | $49.4K | $0 | $0 | $49.4K |
| Pamela Story | Trustee | 2 | $0 | $0 | $0 | $0 |
| Ryan Aul | Trustee | 2 | $0 | $0 | $0 | $0 |
| Shannon Matthews | Trustee | 2 | $0 | $0 | $0 | $0 |
| Terrill Brown | Trustee | 2 | $0 | $0 | $0 | $0 |
| Toni Stewart | Trustee | 2 | $0 | $0 | $0 | $0 |
| Veronica Jones | Trustee | 2 | $0 | $0 | $0 | $0 |
Girum Feyissa Md
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Glenn Adams
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Jeannette Council
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Kelvin Farmer
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Larry Lancaster
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Marshall Faircloth
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Michael Boose
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Michael Jones Md
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Myron Strickland
Trustee
$49.4K
Hrs/Wk
2
Compensation
$49.4K
Related Orgs
$0
Other
$0
Pamela Story
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Ryan Aul
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Shannon Matthews
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Terrill Brown
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Toni Stewart
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Veronica Jones
Trustee
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0