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Caromont Health

GASTONIA, NC EIN: 58-1636959 Website

TO PROVIDE COMPASSIONATE, EXCEPTIONAL AND HIGHLY RELIABLE CARE.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$822.3M

+10.7% YoY

Annual Giving

$483K

-7.6% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$483K

-7.6% YoY

About Caromont Health

Based on IRS filings

Caromont Health is a nonprofit organization focused on Health, based in GASTONIA, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $822.3M in total assets. In 2024, it awarded 1 grants totaling $483K. Net investment income was $37.7M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

Gastonia

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$17M$34M$51M$68M20202021202220232024
Metric202420232022
Total Assets$822,347,679$743,172,403$832,406,138
Revenue$41,441,170$23,664,936$61,469,914
Expenses$3,522,637$3,831,940$4,723,060
Qualifying Distributions
Net Investment Income$37,689,897$20,491,056$59,668,778
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$206K$413K$619K$825K1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Gaston Memorial Hospital…$483K

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K2$250–500K3$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Ms Larie CarthenNurse Practitioner$127KMs Victoria RobinsonNurse Practitioner$108K

From 2024 filing

NameTitleHoursCompensation
Mr David PayseurTreasurer1
Mr Jeffrey CashChair1
Mr Tim EfirdVice chair1
Rev Dr Pearl Burris-FloydSecretary1
Dr Heath HighChief of Staff (COS) Elect through 12/31/23 (non-voting); COS starting 1/1/241
Dr Jay HendlerChief of Staff (COS) through 12/31/23; Immediate Past COS starting 1/1/24 (non-voting)1
Dr Michael GaslinPast-Chief-of-Staff (non-voting) through 12/31/20231
Dr Shiddhi PatelChief-of Staff Elect starting 1/1/20241
Mr Bob HovisDirector1
Mr Dan BoydDirector1
Mr Frank StewartDirector1
Mr Jason AustellDirector1
Mr Jay McGrawDirector1
Mr Joseph Davis JrDirector1
Ms Annette CarterDirector1
Ms Janie PeakDirector1
Rev Dr Benjamin HintonDirector1
Mr David O'ConnorEVP/CFO/Asst. Treasurer6
Mr K Christopher PeekCEO6
Ms Leigh HickmanCLO/Asst. Sec.6
Ms Larie CarthenNurse Practitioner40$127,275
Ms Victoria RobinsonNurse Practitioner40$107,976

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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