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Filing year 2023

WAKE FOREST UNIVERSITY HEALTH SCIENCES

Winstonsalem, North Carolina·EIN 22-3849199·NTEE B50 · Education·501(c)(3)
Total revenue
$1.6B
Total assets
$2.1B
Total expenses
$1.5B
Reported officers
38
Mission

SEE SCHEDULE O FOR CONTINUATIONWAKE FOREST UNIVERSITY HEALTH SCIENCES (AT TIMES ALSO REFERRED TO AS "WAKE FOREST UNIVERSITY SCHOOL OF MEDICINE", "WFUHS OR "THE FILING ORGANIZATION") IS AN INTEGRAL PART OF ATRIUM HEALTH WAKE FOREST BAPTIST (AT TIMES ALSO REFERRED TO AS "AHWFB"), A PREEMINENT LEARNING HEALTH SYSTEM AND ACADEMIC MEDICAL CENTER OF THE HIGHEST QUALITY WITH BALANCED EXCELLENCE IN PATIENT CARE, RESEARCH AND EDUCATION THAT PROMOTES BETTER HEALTH FOR ALL THROUGH COLLABORATION, EXCELLENCE AND INNOVATION. AHWFB'S MISSION IS TO IMPROVE HEALTH, ELEVATE HOPE AND ADVANCE HEALING - FOR ALL AND ITS VISION IS TO BE THE FIRST AND BEST CHOICE FOR CARE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 18 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations nationwide.

Director, CEO Ahwfb
Above 90th percentilevs Education peers in North Carolina
$5.2M
$5.7M
Base
$2.5M
Bonus
$2M
Other
$700k
Benefits
$32k
Pres, Health System (to 7/1/23)
Officer (Unspecified)
$2.3M
$2.5M
Base
$788k
Bonus
$400k
Other
$1.1M
Benefits
$29k
Former Officer (7/31/22)
Former Officer/director/trustee
Above 90th percentile
$2M
$2.1M
Base
$889k
Bonus
$750k
Other
$42k
Benefits
$30k
Dept. Chair
Board Chair
Above 90th percentile
$1.7M
$1.8M
Base
$1.3M
Bonus
$259k
Other
$27k
Benefits
$31k
Evp, Treasurer
Executive Vice President
Above 90th percentile
$1.6M
$1.7M
Base
$992k
Bonus
$356k
Other
$84k
Benefits
$36k
Dept. Chair
Board Chair
Above 90th percentile
$1.5M
$1.7M
Base
$1M
Bonus
$232k
Other
$203k
Benefits
$31k
Dept. Chair
Board Chair
Above 90th percentile
$1.4M
$1.5M
Base
$1.3M
Bonus
$24k
Other
$14k
Benefits
$26k
Dept. Chair
Board Chair
Above 90th percentile
$1.3M
$1.4M
Base
$1M
Bonus
$158k
Other
$34k
Benefits
$23k
Dean, Wfu Som
Officer (Unspecified)
$955k
$1M
Base
$860k
Bonus
$60k
Other
$3k
Benefits
$19k
Asst Treasurer
Above 90th percentilevs Education peers in North Carolina
$923k
$1M
Base
$570k
Bonus
$193k
Other
$104k
Benefits
$33k
Pres, Health System (fr 9/1/23)
Officer (Unspecified)
$537k
$586k
Base
$334k
Bonus
$180k
Other
$16k
Benefits
$7k
Director, Pres Wfu
Officer (Unspecified)
$326k
$356k
Gen Counsel & Sec (to 7/1/23)
Officer (Unspecified)
$109k
$119k
Clin Adj Faculty
Highest Compensated Employee
Below 10th percentilevs Education peers in North Carolina
$51k
$55k
Asst Secretary (to 10/31/23)
Secretary (Operational)
25th percentile to median
$43k
$47k
Vp, Ch Phil of
Vice President
10th to 25th percentilevs Education peers in North Carolina
$36k
$39k
SVP & CFO
10th to 25th percentilevs Education peers in North Carolina
$34k
$37k
Former Officer (5/13/22)
Former Officer/director/trustee
10th to 25th percentile
$29k
$32k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 20 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at WAKE FOREST UNIVERSITY HEALTH SCIENCES equaled 0.3% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.3%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Sector benchmark

What Education executives earn in North Carolina

Comparable education organizations in North Carolina pay their highest-earning executive a median of $87,501.

25th percentile
$44k
Median
$87,501
75th percentile
$137k
90th percentile
$250k

These are education sector-wide figures, not this organization's reported pay. Based on 873 organizations across 873 filings (2021 – 2024).

See full Education pay data for North Carolina
FAQ

Common questions about WAKE FOREST UNIVERSITY HEALTH SCIENCES

What does the Chief Executive Officer of WAKE FOREST UNIVERSITY HEALTH SCIENCES earn?

In 2023, the Chief Executive Officer of WAKE FOREST UNIVERSITY HEALTH SCIENCES received $5,244,157 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in North Carolina: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at WAKE FOREST UNIVERSITY HEALTH SCIENCES compare with similar nonprofits?

Compared with the same role at Education organizations in North Carolina, the 2023 pay of the Chief Executive Officer at WAKE FOREST UNIVERSITY HEALTH SCIENCES falls in the top 10%. In 2023, the highest total compensation at WAKE FOREST UNIVERSITY HEALTH SCIENCES equaled 0.3% of the organization's total expenses. The median for education organizations is 7%.

What are WAKE FOREST UNIVERSITY HEALTH SCIENCES's revenue and expenses?

In 2023, WAKE FOREST UNIVERSITY HEALTH SCIENCES reported $1.6B in total revenue and $1.5B in total expenses on its IRS Form 990.

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