TO MAINTAIN AND OPERATE PROPERTIES, AID AND PROMOTE THE IMPROVEMENT AND DEVELOPMENT OF WAKEMED'S EDUCATION AND SCIENTIFIC PROGRAMS, AND TO TRANSFORM HEALTHCARE THROUGH PHILANTHROPY BY RAISING FRIENDS, FUNDS, AND FUTURE LEADERS FOR WAKEMED.
Executive compensation
Form 990 · Part VII & Schedule J · 37 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Health Care organizations nationwide.
| Position | Total |
|---|---|
Physician Highest Compensated Employee Below 10th percentilevs Health Care peers in North Carolina | $51k $56k |
SVP & Administrator North Senior Vice President 10th to 25th percentile | $49k $53k |
Vp, Medical Information Board Vice President 10th to 25th percentile | $48k $53k |
Physician Highest Compensated Employee Below 10th percentilevs Health Care peers in North Carolina | $48k $53k |
Physician Highest Compensated Employee Below 10th percentilevs Health Care peers in North Carolina | $48k $53k |
Vp, Governmental Affairs Board Vice President 10th to 25th percentile | $48k $52k |
Chief Medical Officer, Mental Health & Well-being Key Employee 10th to 25th percentilevs Health Care peers in North Carolina | $48k $52k |
VP & Chief Legal Officer (until 12/1/23) Board Vice President 10th to 25th percentile | $48k $52k |
VP & Chief Compliance & Privacy Officer (until 2/24) Vice President 25th percentile to median | $46k $50k |
Physician Highest Compensated Employee Below 10th percentilevs Health Care peers in North Carolina | $46k $50k |
Bod, Wakemed Foundation Board Member 25th percentile to medianvs Health Care peers in North Carolina | $46k $50k |
VP & Chief Strategy Officer Board Vice President 10th to 25th percentile | $43k $47k |
SVP - Operations & Cno Senior Vice President 10th to 25th percentile | $42k $46k |
SVP - Strategic Ventures & Ambulatory Operations Senior Vice President 10th to 25th percentile | $40k $43k |
Vp, Revenue Cycle Board Vice President 10th to 25th percentile | $37k $40k |
EVP & Chief Financial Officer 10th to 25th percentilevs Health Care peers in North Carolina | $37k $40k |
Vp, Nursing Board Vice President 10th to 25th percentile | $35k $39k |
Vp, Compliance and Privacy - Interim (start 12/3/23) Vice President 25th percentile to median | $34k $37k |
SVP & Administrator Raleigh Senior Vice President Below 10th percentile | $34k $37k |
Vp, Facilities & Construction Board Vice President 10th to 25th percentile | $32k $34k |
Vp, Payor Strategy & Managed Care Contracting Board Vice President 10th to 25th percentile | $30k $33k |
Chief Medical Officer, North Key Employee 10th to 25th percentilevs Health Care peers in North Carolina | $30k $32k |
Svp, Human Resources Senior Vice President Below 10th percentile | $29k $31k |
VP & Chief Information Officer Chief Information Officer Below 10th percentile | $24k $27k |
President & CEO Below 10th percentilevs Health Care peers in North Carolina | $24k $26k |
Chief Medical Officer, Raleigh Key Employee 10th to 25th percentilevs Health Care peers in North Carolina | $23k $25k |
SVP & Administrator Cary Senior Vice President Below 10th percentile | $23k $25k |
Vp, Marketing and Communications Board Vice President Below 10th percentile | $21k $23k |
Physician Highest Compensated Employee Below 10th percentilevs Health Care peers in North Carolina | $20k $22k |
EVP & Chief Operating Officer Below 10th percentilevs Health Care peers in North Carolina | $20k $22k |
Bod, Wakemed Fdn (until 12/31/23), Evp, Physician Srvcs Executive Vice President Below 10th percentile | $20k $22k |
Bod, Wakemed Foundation Board Member 10th to 25th percentilevs Health Care peers in North Carolina | $20k $22k |
Bod, Wm Fnd (from 1/24) SVP & Chief Quality Officer Senior Vice President Below 10th percentile | $20k $22k |
Former Secretary (until 2/7/23) Former Officer/director/trustee 10th to 25th percentile | $17k $18k |
Former Vp, Wakemed Physician Practices (until 6/3/23) Board Vice President Below 10th percentile | $15k $16k |
Cmo, Cary Administration Key Employee Below 10th percentilevs Health Care peers in North Carolina | $13k $14k |
Officer - Secretary Secretary (Operational) Below 10th percentile | $8k $9k |
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 41 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at WAKEMED GROUP RETURN equaled 0.1% of the organization's total expenses. The median for health care organizations is 4%.
Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.
Down 66%
from 2022
From $148k in 2022 to $51k in 2023.
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.
Highest Compensated Employee pay rose 6% from 2022 to 2023, while revenue rose 37%.
- Senior Vice President pay rose 7% from 2022 to 2023.
- Board Vice President pay rose 6% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about WAKEMED GROUP RETURN
What does the Highest Compensated Employee of WAKEMED GROUP RETURN earn?
In 2023, the Highest Compensated Employee of WAKEMED GROUP RETURN received $50,931 in total compensation. This pay is in the bottom 10% for Highest Compensated Employee roles among Health Care organizations in North Carolina: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.
How does Highest Compensated Employee pay at WAKEMED GROUP RETURN compare with similar nonprofits?
Compared with the same role at Health Care organizations in North Carolina, the 2023 pay of the Highest Compensated Employee at WAKEMED GROUP RETURN falls in the bottom 10%. In 2023, the highest total compensation at WAKEMED GROUP RETURN equaled 0.1% of the organization's total expenses. The median for health care organizations is 4%.
What are WAKEMED GROUP RETURN's revenue and expenses?
In 2023, WAKEMED GROUP RETURN reported $44.6M in total revenue and $52M in total expenses on its IRS Form 990.
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