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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 2022. Filed on November 14, 2023.

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 2022 IRS Form 990 filing, Forsyth Memorial Hospital Inc., a 501(c)(3) charitable organization, reported compensation for 11 out of 7,944 total employees. Among the employees shown here, the average compensation is $1,014,148. The highest compensated employee at Forsyth Memorial Hospital Inc. is Fred Hargett with fiscal year 2022 compensation of $2,417,516.

Revenue, expenses, and employee compensation

Revenue

$1,377,864,424

Expenses

$1,409,445,707

Employee compensation

$590,311,344
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Fred Hargett
Executive Vice President and Chief Financial Officer
$2,417,516
$0 $2,355,664 $61,852
Michael Setliff
President Nhfmc and GWM
$1,177,550
$1,024,957 No related comp$152,593
John Mann
PRES and COO
$1,140,029
$979,412 No related comp$160,617
Roland Friedman
Urologist
$1,029,299
$973,165 No related comp$56,134
Brandon Craven
Urologist
$1,012,422
$734,434 $222,051 $55,937
Stanley Fuller
Senior Vice President Chief Clinical Officer
$932,687
$790,038 No related comp$142,649
Kathleen Elliott
Oncologist
$889,897
$833,763 No related comp$56,134
Kirsten Royster
FMR PRES and COO KMC (SEE Schedule O)
$783,348
$689,224 No related comp$94,124
Franklin Chen, M.D.
Trustee/Clinical Physician Executive
$706,125
$652,755 No related comp$53,370
Ashley Perrott, M.D.
Trustee/Senior Physician Executive
$566,582
$526,679 No related comp$39,903
Alisha Hutchens
Chief Operating Officer
$500,170
$448,808 No related comp$51,362

Benchmark Employee Compensation

Non-Employee Board Members

Avery Hall
Secretary and Treasurer
Charles Hauser
Trustee
Charles Welton
Trustee
Christopher Leon
Trustee
Imen Clark
Trustee
Lari Harding
Chair
Linda Latham
Vice Chair
Mark Owens
Trustee
Mike Horn
Trustee
Robert Landry
Trustee
Samuel Barefoot
Trustee
Tracey Martin
Trustee

Contractors

Aya Healthcare Inc.
Travel Nursing
$87,941,387
Vannoy Construction
Construction
$74,617,568
Laboratory Corporation of America Holdin
Lab
$14,841,757
Morrison Healthcare
Food Management
$13,846,025
The Christman Company
Construction
$12,663,251

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