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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 Forsyth Memorial Hospital Inc.

Forsyth Memorial Hospital Inc.

Fiscal year ending 2021. Filed on November 14, 2022.

2085 Frontis Plaza Blvd
116
Winston Salem, North Carolina 27103

Forsyth Memorial Hospital Inc. (EIN: 56-0928089), also known as Novant Health Forsyth Medical Center, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, Forsyth Memorial Hospital Inc., a 501(c)(3) charitable organization, reported compensation for 13 out of 8,210 total employees. Among the employees shown here, the average compensation is $728,818. The highest compensated employee at Forsyth Memorial Hospital Inc. is Setliff Michael with fiscal year 2021 compensation of $1,069,327.

Revenue, expenses, and employee compensation

Revenue

$1,668,189,599

Expenses

$1,527,559,495

Employee compensation

$599,289,975
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Setliff Michael
PRES and COO
$1,069,327
$926,237 No related comp$143,090
Friedman Roland
Urologist
$1,064,509
$1,012,711 No related comp$51,798
Mann John
President and Chief Operating Officer
$993,556
$867,285 No related comp$126,271
Elliott Kathleen
Oncologist
$895,479
$841,672 No related comp$53,807
Baker William
Oncologist
$877,831
$827,275 No related comp$50,556
Collins Timothy
Oncologist
$784,255
$730,138 No related comp$54,117
Dugan James
Oncologist
$776,895
$725,827 No related comp$51,068
Royster Kirsten
PRES and COO KMC
$754,884
$674,318 No related comp$80,566
Chen Franklin, M.D.
Trustee and Physician
$699,433
$647,520 No related comp$51,913
Perrott Ashley, M.D.
Trustee and Physician
$503,401
$464,947 No related comp$38,454
Nycum Lawrence, M.D.
FMR Senior Vice President and CCO
$434,298
$415,287 No related comp$19,011
Smith Harry
FMR Senior Vice President HOSP OPS
$425,001
$0 $404,603 $20,398

Benchmark Employee Compensation

Non-Employee Board Members

Latham Linda
Vice Chair
$186
$0 $186 No other comp
Martin Tracey
Trustee
$174
$0 $174 No other comp
Foriest Bryant
Trustee
$89
$0 $89 No other comp
Leon Christopher
Trustee
$59
$0 $59 No other comp
Harding Lari
Chair
No compensation reported
Hall Avery
Secretary and Treasurer
No compensation reported
Wolfe III John
Trustee (1/1/21-11/4/21)
No compensation reported
Landry Robert
Trustee
No compensation reported
Welton Charles
Trustee
No compensation reported
Brown Candice
Trustee
No compensation reported
Horn Mike
Trustee
No compensation reported
Owens Mark
Trustee
No compensation reported

Contractors

Aya Healthcare Inc.
Travel Nursing
$48,566,135
Vannoy Construction
Construction
$28,991,534
Laboratory Corporation of America Holdin
Lab
$16,586,400
Morrison Healthcare
Food Management
$14,692,057
Trimedx Inc.
Clinical Engineering
$11,102,839

Mission Statement

SEE SCHEDULE O

Revisions to this organization profile

November 14, 2025:
2024 Forsyth Memorial Hospital Inc. 990 filed
November 14, 2024:
2023 Forsyth Memorial Hospital Inc. 990 filed
November 14, 2023:
2022 Forsyth Memorial Hospital Inc. 990 filed

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Other organizations also named Forsyth Memorial Hospital

Auxiliary of Forsyth Memorial Hospital
Winston Salem, North Carolina