WORK WITH LOCAL, STATE AND NATIONAL HEALTH CARE PROVIDERS AND LEADERS, POLICY-MAKERS AND OTHER EXPERTS TO DEVELOP INNOVATIVE SOLUTIONS AND STRATEGIES TO PROVIDE COST EFFECTIVE HEALTH SERVICES FOR MEDICAID BENEFICIARIES AND CHILDREN.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.6M
-17.2% YoY
Revenue
$421K
-29.8% YoY
Net Investment Income
$281K
-32.8% YoY
Expenses
$886K
-25.7% YoY
About Innovation Health Center
Based on IRS filings
Innovation Health Center is a nonprofit organization focused on Health, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.6M in total assets. Net investment income was $281K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,617,369 | $3,162,515 | $3,845,510 |
| Revenue | $420,949 | $599,300 | $371,191 |
| Expenses | $886,208 | $1,192,064 | $408,255 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $280,785 | $417,887 | $190,453 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEVEN E WEGNER MD JD | PRESIDENT | 20 | $140,003 |
| ALAN D STILES MD | CHAIR/SP. CO | 3.5 | $25,000 |
| GREGORY L ADAMS MD | SECRETRY/TRE | 0.5 | — |
| JOSEPH PONZI MD | DIRECTOR | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Innovation Health Center?
Innovation Health Center is a nonprofit organization focused on Health, based in RALEIGH, NC. It holds $2.6M in total assets as of 2024.
How large is Innovation Health Center?
As of 2024, Innovation Health Center holds $2.6M in total assets with $421K in annual revenue.
Where does Innovation Health Center operate?
Innovation Health Center has awarded grants in North Carolina.
What is Innovation Health Center's EIN?
Innovation Health Center's EIN (Employer Identification Number) is 81-3647085. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Innovation Health Center's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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