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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Health Care Caromont Medical Group Inc.

Caromont Medical Group Inc.

Fiscal year ending 2023. Filed on April 29, 2024.

2525 Court Drive PO Box 1747
Gastonia, North Carolina 28053

Caromont Medical Group Inc. (EIN: 56-1479712) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, Caromont Medical Group Inc., a 501(c)(3) charitable organization, reported compensation for 11 out of 1,106 total employees. Among the employees shown here, the average compensation is $975,526. The highest compensated employee at Caromont Medical Group Inc. is Mr K Christopher Peek with fiscal year 2023 compensation of $1,844,813.

Revenue, expenses, and employee compensation

Revenue

$155,331,576

Expenses

$192,179,329

Employee compensation

$151,644,002
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mr K Christopher Peek
Chief Executive Officer
$1,844,813
$0 $1,558,081 $286,732
Dr Omer Shedd
Physician
$1,100,522
$1,037,985 No related comp$62,537
Dr Dustin Letts
Physician
$1,088,576
$1,053,039 No related comp$35,537
Dr Paul Kochupura
Physician
$1,084,829
$1,061,591 No related comp$23,238
Dr Oh Chang
Physician
$1,067,634
$1,005,196 No related comp$62,438
Mr David O'Connor
Evp/Cfo/Asst. Treasurer
$1,058,707
$0 $884,243 $174,464
Dr Gregory Woo
Physician
$995,615
$945,240 No related comp$50,375
Dr Mark Thompson
Director
$901,017
$840,542 No related comp$60,475
Ms Leigh Hickman
Clo/Asst. SEC
$568,958
$0 $465,494 $103,464
Dr Jay Hendler
Director
$519,387
$492,906 No related comp$26,481
Dr Andrew Dyksterhouse
Director
$500,730
$306,763 $140,539 $53,428

Benchmark Employee Compensation

Non-Employee Board Members

Mr Bob Hovis
Director
$30,589
$0 $30,589 No other comp
Mr Jake Gray III
Director Through 3/2023
No compensation reported
Mr Frank Stewart
Chair
No compensation reported

Contractors

Weatherby Locums Inc.
Physician Staffing
$2,245,437
Novant Medical Group
Physician Staffing
$692,515
Berry Vl John S
Physician Staffing
$408,718
Positive Reinforcement Nursing
Temporary Personnel
$221,949
Dorota Gawlas
Physician Staffing
$164,500

Mission Statement

TO PROVIDE COMPASSIONATE, EXCEPTIONAL AND HIGHLY RELIABLE CARE.

Revisions to this organization profile

March 25, 2025:
2024 Caromont Medical Group Inc. 990 filed
April 29, 2024:
2023 Caromont Medical Group Inc. 990 filed
May 8, 2023:
2022 Caromont Medical Group Inc. 990 filed

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