Gaston Memorial Hospital Inc
Gaston Memorial Hospital Inc is a public charity based in Gastonia, North Carolina. Formed in 1945, it describes itself as a healthcare organization and reports community grants alongside its healthcare activities.
Gaston Memorial Hospital Inc at a glance
In short: Gaston Memorial Hospital Inc gave $711K across 23 grants in 2024 (avg $31K). 22% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $711,073
- -3.5% vs 2023
- Grants made (2024)
- 23
- -11.5% vs 2023
- Average grant
- $30,916
- +9.1% vs 2023
- Median grant
- $10,000
- Total assets
- $895,064,025
- +6.8% vs 2023
- New grantees (estimate)
- 22% first-time grantees (5 of 23, 2024; small sample)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Gaston Memorial Hospital Inc
- Contact
Mailing address: 2525 Court Drive, Gastonia, NC 28054
Phone: (704) 834-2000
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Gaston Memorial Hospital Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Kintegra Heatlh ($253K). Together the top 10 received $606K.
Grant Size Distribution
106 grants across all recorded years
The most common grant size was under $50K: 86 grants of 106 (81%).
Geographic Focus
Where this funder awards grants
The organization is based in Gastonia, North Carolina. Its 2024 grant data reports that 100% of grant dollars went to recipients in one state, but the state is not identified in the provided data. Named recipients include organizations and public entities associated by name with Gaston County and nearby communities.
Grant Distribution by State
Cities
Is Gaston Memorial Hospital Inc open to new grantees?
22%
first-time grantees, 2024
In 2024, 5 of 23 grantees (22%) were first-time recipients. With only 23 grantees, that is a small sample: one grantee more or less moves the share by about 4 points. First grants averaged $57K; repeat grants $24K. How we count
Medians: $10K first-time, $10K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $574K (2022) to $1.1M (2021). In 2024 it made 23 grants totaling $711K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Kintegra Heatlh | Community Assistance | $252,913 |
| Community Foundation | Community Assistance | $100,000 |
| Gaston Business Assoc | Community Assistance | $84,000 |
| Gaston County Schools | Community Assistance | $75,000 |
| Gaston Together | Community Assistance | $22,000 |
| Cancer Services of Gaston County | Community Assistance | $19,000 |
| Heart Society of Gaston County | Community Assistance | $16,050 |
| Boys and Girls Club of Greater Gaston | Community Assistance | $13,610 |
| The Caterine Pharr Carstarphen | Community Assistance | $13,000 |
| Cherryville Chamber of Commerce Inc | Community Assistance | $10,000 |
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Financial History
Multi-year comparison from IRS filings
The 2023 filing narrative reports $148,138 in lobbying costs for fiscal year 2024 and says $48,517 of annual dues paid to the North Carolina Hospital Association and the American Hospital Association was determined to be expenditures used in those organizations’ lobbying activities.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $895,064,025 | $790,891,234 | $700,788,807 | $711,073 | 23 | $-10,558 |
| 2023 | $838,442,096 | $709,858,408 | $650,792,303 | $736,797 | 26 | $192,832 |
| 2022 | $730,850,666 | $689,404,813 | $631,933,737 | $573,549 | 14 | $2,772,379 |
| 2021 | $627,844,903 | $665,062,443 | $563,859,749 | $1,116,088 | 23 | $19,583,338 |
| 2020 | $442,215,147 | $583,498,888 | $526,498,049 | $1,104,011 | 20 | $109,185 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The organization’s stated mission is “to provide compassionate, exceptional and highly reliable care.” Its filing describes support for community programs and partnerships, as well as investment in healthcare research and education.
In 2024, the organization reported grants for “Community Assistance.” Recipients included Kintegra Health, a community health center whose name is provided in the filing as “KINTEGRA HEATLH,” and Gaston County Schools, along with local community and civic organizations. The grant information does not provide recipient missions.
Grantmaking
In filing year 2024, the organization reported 23 grants totaling $711,073. Grant amounts ranged from $5,000 to $252,913, with a median of $10,000.
Largest reported grants included $252,913 to Kintegra Health, $100,000 to Community Foundation, $84,000 to Gaston Business Assoc, $75,000 to Gaston County Schools, and $22,000 to Gaston Together. Other reported grants included $19,000 to Cancer Services of Gaston County and $16,050 to Heart Society of Gaston County. Each listed grant was for Community Assistance.
Leadership & Key People
Leadership team and compensation from IRS filings
Officers and directors listed on the 2024 filing include David Payseur, treasurer; Jeffrey Cash, chair; Tim Efird, vice chair; Rev. Dr. Pearl Burris-Floyd, secretary; and directors Bob Hovis and Dan Boyd.
The filing also lists Dr. Heath High as chief of staff beginning January 1, 2024; Dr. Jay Hendler as immediate past chief of staff beginning that date; and Dr. Shiddhi Patel as chief-of-staff elect beginning that date. It lists Dr. Micheal Gaslin as past chief of staff through December 31, 2023.
Gaston Memorial Hospital Inc is led by K Christopher Peek, CEO on every filing since 2020; 11 of 27 officers listed in 2024 are compensated.
Officers on the 2024 filing
K Christopher Peek
CEO
On filings since 2020
45 hrs/week
$858K (2020) → $1.8M (2024)
Jeffrey Cash
Chair
Director → Vice Chair, 2021
Vice Chair → Chair, 2023
On filings since 2020
1 hr/week
No compensation reported
Annette Carter
Director
On filings since 2020
1 hr/week
No compensation reported
Bob Hovis
Director
On filings since 2020
1 hr/week
No compensation reported
Frank Stewart
Director
On filings since 2020
1 hr/week
No compensation reported
Joseph B. Davis Jr.
Director
On filings since 2020
1 hr/week
No compensation reported
Janie Peak
Director
On filings since 2021
1 hr/week
No compensation reported
Jason Austell
Director
On filings since 2022
1 hr/week
No compensation reported
Dan Boyd
Director
On filings since 2023
1 hr/week
No compensation reported
Jay McGraw
Director
On filings since 2023
1 hr/week
No compensation reported
Benjamin Hinton
Director
New on the 2024 filing
1 hr/week
No compensation reported
David M. O'Connor
Executive Vice President, CFO & Assistant Treasurer
Executive Vice President & Assistant Treasurer → Executive Vice President, CFO & Assistant Treasurer, 2022
On filings since 2020
45 hrs/week
$643K (2020) → $956K (2024)
George E. Adcock III
Vice President Medical Affairs
Vice President → Vice President Medical Affairs, 2021
On filings since 2020
40 hrs/week
$473K (2020) → $606K (2024)
Leigh K. Hickman
Clo & Assistant Secretary
Clo & Assistant Secretary → Vice President, Clo & Assistant Secretary, 2022
Vice President, Clo & Assistant Secretary → Clo & Assistant Secretary, 2023
On filings since 2020
45 hrs/week
$268K (2020) → $565K (2024)
Micheal Gaslin
Past-Chief-Of-Staff
Chief-Of-Staff → Past-Chief-Of-Staff Starting, 2023
Past-Chief-Of-Staff Starting → Past-Chief-Of-Staff, 2024
On filings since 2020
1 hr/week
$27K (2020) → $20K (2024)
Richard C. Blackburn
Vice President Support Services
On filings since 2020
40 hrs/week
$346K (2020) → $517K (2024)
Robin L. Lang
Vice President Chief Information Officer
Vice President Information Services → Vice President Chief Information Officer, 2022
On filings since 2020
40 hrs/week
$338K (2020) → $550K (2024)
Todd R. Davis
Executive Vice President Chief Physician Executive
Executive Vice President Chief Medical Officer → Executive Vice President Chief Physician Executive, 2022
On filings since 2020
45 hrs/week
$619K (2020) → $1M (2024)
Frank D. Murphy
Vice President Strategy Business Development
On filings since 2021
40 hrs/week
$366K (2021) → $704K (2024)
Danny Wharton
Chief Operating Officer
Vice President Clinical Services → Chief Operating Officer, 2023
On filings since 2022
45 hrs/week
$393K (2022) → $670K (2024)
Joel Riddle
Vice President Human Resources
New on the 2024 filing
40 hrs/week
$500K (2024)
David Payseur
Treasurer
Vice Chair & Chair → Chair, 2021
Chair → Treasurer, 2023
On filings since 2020
1 hr/week
No compensation reported
Jay Hendler
Chief of Staff
Chief-Of-Staff Elect → Chief-Of-Staff, 2023
Chief-Of-Staff → Chief of Staff, 2024
On filings since 2020
1 hr/week
No compensation reported
Heath High
Chief of Staff Elect
Chief-Of-Staff Elect → Chief of Staff Elect, 2024
On filings since 2022
1 hr/week
No compensation reported
Pearl Burris-Floyd
Secretary
On filings since 2022
1 hr/week
No compensation reported
Tim Efird
Vice Chair
Director → Vice Chair, 2024
On filings since 2023
1 hr/week
No compensation reported
Shiddhi Patel
Chief-Of Staff Elect Starting
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (18)
- Former: Barry M. Pomeroy (2020–2023) — Treasurer
- Former: Kathleen K. Besson (2020–2023) — Special Advisor to CEO
- Former: William Anthony (2020–2023) — Director
- Former: Ashley Long (2022–2023) — Vice President Chief Nursing Officer
- Former: Revbenjamin Hinton (2022–2023) — Director
- Former: Revpearl Burris-Floyd (2023) — Secretary
- Former: Donnie Loftis (2020–2022) — Director
- Former: Eric T. Emerson (2020–2022) — Past-Chief-Of-Staff
- Former: Timothy D. Conner (2020–2022) — Director
- Former: Timothy Efird (2021–2022) — Director
- Former: Drjay Hendler (2022) — Chief-Of-Staff
- Former: Andrew Light (2020–2021) — Secretary
- Former: Charles Meakin III (2020–2021) — Director
- Former: Pearl Burris Floyd (2020–2021) — Director
- Former: Scott E. Wells (2020–2021) — Vice President Patient Care Services
- Former: Patrick Russo (2020) — Past-Chief-Of-Staff
- Former: Shadi Hijjawi (2020) — Chief Medical Info Officer
- Former: Timothy E. Gause (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $1.8M, to Mr K Christopher Peek (CEO). 11 officers or directors reported compensation on that filing.
Frequently asked questions about Gaston Memorial Hospital Inc
How much does Gaston Memorial Hospital Inc give each year?
Gaston Memorial Hospital Inc gave $711K across 23 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $737K across 26 grants.
What is Gaston Memorial Hospital Inc's typical grant size?
Gaston Memorial Hospital Inc's median grant in 2024 was $10,000, and its average grant was $30,916, across 23 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Gaston Memorial Hospital Inc that year got $57K on average.
Does Gaston Memorial Hospital Inc give general operating support?
Not in 2024: none of the 23 grants with a stated purpose on Gaston Memorial Hospital Inc's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Community Assistance" (23 grants).
Who are Gaston Memorial Hospital Inc's largest grantees?
Gaston Memorial Hospital Inc's largest 2024 grantees include Kintegra Heatlh ($252,913), Community Foundation ($100,000) and Gaston Business Assoc ($84,000), according to its 2024 IRS Form 990. Together they received 61% of its itemized 2024 grant dollars.
How large is Gaston Memorial Hospital Inc?
Gaston Memorial Hospital Inc reported $895.1M in total assets on its 2024 IRS Form 990. Its revenue that year was $790.9M.
What does Gaston Memorial Hospital Inc fund?
The organization’s stated mission is “to provide compassionate, exceptional and highly reliable care.” Its filing describes support for community programs and partnerships, as well as investment in healthcare research and education. See mission & focus areas ↑
How do I apply for a grant from Gaston Memorial Hospital Inc?
Gaston Memorial Hospital Inc has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
Where does Gaston Memorial Hospital Inc make grants?
The organization is based in Gastonia, North Carolina. Its 2024 grant data reports that 100% of grant dollars went to recipients in one state, but the state is not identified in the provided data. Named recipients include organizations and public entities associated by name with Gaston County and nearby communities.
What is Gaston Memorial Hospital Inc's EIN?
Gaston Memorial Hospital Inc's EIN (Employer Identification Number) is 56-0619359. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS May 5, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 8, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS April 29, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS March 26, 2025)
- Updated Form 990 for fiscal year 2021 (received by the IRS October 19, 2022)
- IRS filings on file for fiscal years 2020–2024
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