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Employer Identification Number 56-6017737

WAKEMED is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:WAKEMED
Employer identification number (EIN):56-6017737
EIN TypeTrusts, Estates, and Non-Profit/Exempt Organizations under the Tax Equity and Fiscal Responsibility Act (TEFRA)
EIN Issuing AuthorityBrookhaven, NY
NAIC Classification:622000
NAIC Description: Hospitals
401k Pension/Benefits registration WAKEMED 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementThe mission of WakeMed is to improve the health and well-being of our community with outstanding and compassionate care to all.
Number of Employees9165
Number of Volunteers1544
Year Formed1965

Organization Governance

Legal DomicileNC
Voting Members - Governing Body14
Voting Members - Independent14

Organization Financials

2024-09-30
Total unrelated business incomeUSD $ 12,319,402
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 2,042,419,768
Program Service Revenue from current yearUSD $ 2,268,304,727
Investment Income from prior yearUSD $ 16,892,187
Investment Income from current yearUSD $ 23,071,238
Other Revenue from prior yearUSD $ 1,394,520
Other Revenue from current yearUSD $ 2,134,877
Gross receipts from all sourcesUSD $ 2,572,730,113
Net assets / fund balances at end of fiscal yearUSD $ 885,855,383
Net assets / fund balances at beginning of fiscal yearUSD $ 767,637,727
Total liabilities at end of fiscal yearUSD $ 1,085,230,262
Total liabilities at beginning of fiscal yearUSD $ 1,098,502,248
Total assets at end of fiscal yearUSD $ 1,971,085,645
Total assets at beginning of fiscal yearUSD $ 1,866,139,975
Revenues less expenses for current yearUSD $ 11,582,775
Revenues less expenses for previous yearUSD $ -24,845,408
Total expenses for current yearUSD $ 2,286,777,227
Total expenses for previous yearUSD $ 2,092,838,776
Other expenses in current yearUSD $ 1,027,076,443
Other expenses in previous yearUSD $ 985,454,245
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,257,451,327
Employee salary and benefits paid in previous yearUSD $ 1,105,200,153
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 2,249,457
Grants and similar amounts paid in previous yearUSD $ 2,184,378
Total revenue in current fiscal yearUSD $ 2,298,360,002
Total revenue in previous fiscal yearUSD $ 2,067,993,368
Contributions and grants from current yearUSD $ 4,849,160
Contributions and grants from previous yearUSD $ 7,286,893
Total of other revenueUSD $ 897,209
2023-09-30
Total unrelated business incomeUSD $ 18,482,119
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 1,768,644,739
Program Service Revenue from current yearUSD $ 2,042,419,768
Investment Income from prior yearUSD $ 130,844,534
Investment Income from current yearUSD $ 16,892,187
Other Revenue from prior yearUSD $ 912,800
Other Revenue from current yearUSD $ 1,394,520
Gross receipts from all sourcesUSD $ 2,297,965,375
Net assets / fund balances at end of fiscal yearUSD $ 767,637,727
Net assets / fund balances at beginning of fiscal yearUSD $ 746,000,410
Total liabilities at end of fiscal yearUSD $ 1,098,502,248
Total liabilities at beginning of fiscal yearUSD $ 993,298,377
Total assets at end of fiscal yearUSD $ 1,866,139,975
Total assets at beginning of fiscal yearUSD $ 1,739,298,787
Revenues less expenses for current yearUSD $ -24,845,408
Revenues less expenses for previous yearUSD $ -1,834,046
Total expenses for current yearUSD $ 2,092,838,776
Total expenses for previous yearUSD $ 1,907,775,364
Other expenses in current yearUSD $ 985,454,245
Other expenses in previous yearUSD $ 935,057,121
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,105,200,153
Employee salary and benefits paid in previous yearUSD $ 969,967,411
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 2,184,378
Grants and similar amounts paid in previous yearUSD $ 2,750,832
Total revenue in current fiscal yearUSD $ 2,067,993,368
Total revenue in previous fiscal yearUSD $ 1,905,941,318
Contributions and grants from current yearUSD $ 7,286,893
Contributions and grants from previous yearUSD $ 5,539,245
Revenue from membership duesUSD $ 0
Total of other revenueUSD $ 326,063
2022-09-30
Total unrelated business incomeUSD $ 15,563,812
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 1,687,143,974
Program Service Revenue from current yearUSD $ 1,768,644,739
Investment Income from prior yearUSD $ 11,252,165
Investment Income from current yearUSD $ 130,844,534
Other Revenue from prior yearUSD $ -484,142
Other Revenue from current yearUSD $ 912,800
Gross receipts from all sourcesUSD $ 2,319,573,931
Net assets / fund balances at end of fiscal yearUSD $ 746,000,410
Net assets / fund balances at beginning of fiscal yearUSD $ 975,937,879
Total liabilities at end of fiscal yearUSD $ 993,298,377
Total liabilities at beginning of fiscal yearUSD $ 979,021,065
Total assets at end of fiscal yearUSD $ 1,739,298,787
Total assets at beginning of fiscal yearUSD $ 1,954,958,944
Revenues less expenses for current yearUSD $ -1,834,046
Revenues less expenses for previous yearUSD $ 44,520,755
Total expenses for current yearUSD $ 1,907,775,364
Total expenses for previous yearUSD $ 1,673,018,960
Other expenses in current yearUSD $ 935,057,121
Other expenses in previous yearUSD $ 724,088,325
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 969,967,411
Employee salary and benefits paid in previous yearUSD $ 947,309,036
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 2,750,832
Grants and similar amounts paid in previous yearUSD $ 1,621,599
Total revenue in current fiscal yearUSD $ 1,905,941,318
Total revenue in previous fiscal yearUSD $ 1,717,539,715
Contributions and grants from current yearUSD $ 5,539,245
Contributions and grants from previous yearUSD $ 19,627,718
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Revenue from membership duesUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ -260,332
2021-09-30
Total unrelated business incomeUSD $ 15,390,004
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 1,443,232,721
Program Service Revenue from current yearUSD $ 1,687,143,974
Investment Income from prior yearUSD $ 22,575,622
Investment Income from current yearUSD $ 11,252,165
Other Revenue from prior yearUSD $ 5,225,045
Other Revenue from current yearUSD $ -484,142
Gross receipts from all sourcesUSD $ 1,717,646,660
Net assets / fund balances at end of fiscal yearUSD $ 975,937,879
Net assets / fund balances at beginning of fiscal yearUSD $ 863,084,244
Total liabilities at end of fiscal yearUSD $ 979,021,065
Total liabilities at beginning of fiscal yearUSD $ 980,834,098
Total assets at end of fiscal yearUSD $ 1,954,958,944
Total assets at beginning of fiscal yearUSD $ 1,843,918,342
Revenues less expenses for current yearUSD $ 44,520,755
Revenues less expenses for previous yearUSD $ 42,914,274
Total expenses for current yearUSD $ 1,673,018,960
Total expenses for previous yearUSD $ 1,458,807,966
Other expenses in current yearUSD $ 724,088,325
Other expenses in previous yearUSD $ 612,175,218
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 947,309,036
Employee salary and benefits paid in previous yearUSD $ 844,365,237
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 1,621,599
Grants and similar amounts paid in previous yearUSD $ 2,267,511
Total revenue in current fiscal yearUSD $ 1,717,539,715
Total revenue in previous fiscal yearUSD $ 1,501,722,240
Contributions and grants from current yearUSD $ 19,627,718
Contributions and grants from previous yearUSD $ 30,688,852
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ -1,604,605
2020-09-30
Total unrelated business incomeUSD $ 11,299,024
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 1,391,926,204
Program Service Revenue from current yearUSD $ 1,443,232,721
Investment Income from prior yearUSD $ 15,300,018
Investment Income from current yearUSD $ 22,575,622
Other Revenue from prior yearUSD $ 865,519
Other Revenue from current yearUSD $ 5,225,045
Gross receipts from all sourcesUSD $ 1,499,489,981
Net assets / fund balances at end of fiscal yearUSD $ 863,084,244
Net assets / fund balances at beginning of fiscal yearUSD $ 809,489,575
Total liabilities at end of fiscal yearUSD $ 980,834,098
Total liabilities at beginning of fiscal yearUSD $ 845,671,109
Total assets at end of fiscal yearUSD $ 1,843,918,342
Total assets at beginning of fiscal yearUSD $ 1,655,160,684
Revenues less expenses for current yearUSD $ 42,914,274
Revenues less expenses for previous yearUSD $ 27,960,562
Total expenses for current yearUSD $ 1,458,807,966
Total expenses for previous yearUSD $ 1,385,455,081
Other expenses in current yearUSD $ 612,175,218
Other expenses in previous yearUSD $ 570,798,572
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 844,365,237
Employee salary and benefits paid in previous yearUSD $ 812,524,448
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 2,267,511
Grants and similar amounts paid in previous yearUSD $ 2,132,061
Total revenue in current fiscal yearUSD $ 1,501,722,240
Total revenue in previous fiscal yearUSD $ 1,413,415,643
Contributions and grants from current yearUSD $ 30,688,852
Contributions and grants from previous yearUSD $ 5,323,902
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ 4,149,724
2019-09-30
Total unrelated business incomeUSD $ 10,716,940
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 1,290,894,742
Program Service Revenue from current yearUSD $ 1,391,926,204
Investment Income from prior yearUSD $ 10,719,313
Investment Income from current yearUSD $ 15,300,018
Other Revenue from prior yearUSD $ -2,874,782
Other Revenue from current yearUSD $ 865,519
Gross receipts from all sourcesUSD $ 1,416,085,334
Net assets / fund balances at end of fiscal yearUSD $ 809,489,575
Net assets / fund balances at beginning of fiscal yearUSD $ 762,624,110
Total liabilities at end of fiscal yearUSD $ 845,671,109
Total liabilities at beginning of fiscal yearUSD $ 745,412,788
Total assets at end of fiscal yearUSD $ 1,655,160,684
Total assets at beginning of fiscal yearUSD $ 1,508,036,898
Revenues less expenses for current yearUSD $ 27,960,562
Revenues less expenses for previous yearUSD $ 35,591,777
Total expenses for current yearUSD $ 1,385,455,081
Total expenses for previous yearUSD $ 1,268,441,698
Other expenses in current yearUSD $ 570,798,572
Other expenses in previous yearUSD $ 505,807,395
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 812,524,448
Employee salary and benefits paid in previous yearUSD $ 760,513,477
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 2,132,061
Grants and similar amounts paid in previous yearUSD $ 2,120,826
Total revenue in current fiscal yearUSD $ 1,413,415,643
Total revenue in previous fiscal yearUSD $ 1,304,033,475
Contributions and grants from current yearUSD $ 5,323,902
Contributions and grants from previous yearUSD $ 5,294,202
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ -206,803
2018-09-30
Total unrelated business incomeUSD $ 9,698,130
Net unrelated business incomeUSD $ -806,870
Program Service Revenue from prior yearUSD $ 1,231,241,669
Program Service Revenue from current yearUSD $ 1,290,894,742
Investment Income from prior yearUSD $ 9,429,305
Investment Income from current yearUSD $ 10,719,313
Other Revenue from prior yearUSD $ -1,576,924
Other Revenue from current yearUSD $ -2,874,782
Gross receipts from all sourcesUSD $ 1,702,907,803
Net assets / fund balances at end of fiscal yearUSD $ 762,624,110
Net assets / fund balances at beginning of fiscal yearUSD $ 714,884,770
Total liabilities at end of fiscal yearUSD $ 745,412,788
Total liabilities at beginning of fiscal yearUSD $ 755,793,187
Total assets at end of fiscal yearUSD $ 1,508,036,898
Total assets at beginning of fiscal yearUSD $ 1,470,677,957
Revenues less expenses for current yearUSD $ 35,591,777
Revenues less expenses for previous yearUSD $ 50,619,654
Total expenses for current yearUSD $ 1,268,441,698
Total expenses for previous yearUSD $ 1,193,051,148
Other expenses in current yearUSD $ 505,807,395
Other expenses in previous yearUSD $ 484,303,264
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 760,513,477
Employee salary and benefits paid in previous yearUSD $ 706,540,835
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 2,120,826
Grants and similar amounts paid in previous yearUSD $ 2,207,049
Total revenue in current fiscal yearUSD $ 1,304,033,475
Total revenue in previous fiscal yearUSD $ 1,243,670,802
Contributions and grants from current yearUSD $ 5,294,202
Contributions and grants from previous yearUSD $ 4,576,752
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ -3,604,408
2017-09-30
Total unrelated business incomeUSD $ 8,811,829
Net unrelated business incomeUSD $ -2,233,728
Program Service Revenue from prior yearUSD $ 1,113,786,538
Program Service Revenue from current yearUSD $ 1,231,241,669
Investment Income from prior yearUSD $ 6,450,727
Investment Income from current yearUSD $ 9,429,305
Other Revenue from prior yearUSD $ 1,749,243
Other Revenue from current yearUSD $ -1,576,924
Gross receipts from all sourcesUSD $ 1,531,564,665
Net assets / fund balances at end of fiscal yearUSD $ 714,884,770
Net assets / fund balances at beginning of fiscal yearUSD $ 733,546,819
Total liabilities at end of fiscal yearUSD $ 755,793,187
Total liabilities at beginning of fiscal yearUSD $ 682,525,328
Total assets at end of fiscal yearUSD $ 1,470,677,957
Total assets at beginning of fiscal yearUSD $ 1,416,072,147
Revenues less expenses for current yearUSD $ 50,619,654
Revenues less expenses for previous yearUSD $ 10,837,722
Total expenses for current yearUSD $ 1,193,051,148
Total expenses for previous yearUSD $ 1,115,819,238
Other expenses in current yearUSD $ 484,303,264
Other expenses in previous yearUSD $ 446,261,012
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 706,540,835
Employee salary and benefits paid in previous yearUSD $ 667,452,853
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 2,207,049
Grants and similar amounts paid in previous yearUSD $ 2,105,373
Total revenue in current fiscal yearUSD $ 1,243,670,802
Total revenue in previous fiscal yearUSD $ 1,126,656,960
Contributions and grants from current yearUSD $ 4,576,752
Contributions and grants from previous yearUSD $ 4,670,452
Gross income from fundraising eventsUSD $ 0
Cost of goods soldUSD $ 0
Gross income from gamingUSD $ 0
Gross sales of inventory assetsUSD $ 0
Total of other revenueUSD $ -2,329,849
2016-09-30
Total unrelated business incomeUSD $ 7,935,868
Net unrelated business incomeUSD $ -900,209
Program Service Revenue from prior yearUSD $ 1,037,538,167
Program Service Revenue from current yearUSD $ 1,113,786,538
Investment Income from prior yearUSD $ 14,642,937
Investment Income from current yearUSD $ 6,450,727
Other Revenue from prior yearUSD $ 8,246,695
Other Revenue from current yearUSD $ 1,749,243
Gross receipts from all sourcesUSD $ 1,411,535,365
Net assets / fund balances at end of fiscal yearUSD $ 733,546,819
Net assets / fund balances at beginning of fiscal yearUSD $ 709,530,128
Total liabilities at end of fiscal yearUSD $ 682,525,328
Total liabilities at beginning of fiscal yearUSD $ 714,913,794
Total assets at end of fiscal yearUSD $ 1,416,072,147
Total assets at beginning of fiscal yearUSD $ 1,424,443,922
Revenues less expenses for current yearUSD $ 10,837,722
Revenues less expenses for previous yearUSD $ -32,994,089
Total expenses for current yearUSD $ 1,115,819,238
Total expenses for previous yearUSD $ 1,098,223,727
Other expenses in current yearUSD $ 446,261,012
Other expenses in previous yearUSD $ 479,394,201
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 667,452,853
Employee salary and benefits paid in previous yearUSD $ 616,878,025
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 2,105,373
Grants and similar amounts paid in previous yearUSD $ 1,951,501
Total revenue in current fiscal yearUSD $ 1,126,656,960
Total revenue in previous fiscal yearUSD $ 1,065,229,638
Contributions and grants from current yearUSD $ 4,670,452
Contributions and grants from previous yearUSD $ 4,801,839
Total of other revenueUSD $ 1,333,468
2015-09-30
Total unrelated business incomeUSD $ 5,211,568
Program Service Revenue from prior yearUSD $ 1,004,043,448
Program Service Revenue from current yearUSD $ 1,037,538,168
Investment Income from prior yearUSD $ 8,320,038
Investment Income from current yearUSD $ 14,642,937
Other Revenue from prior yearUSD $ 7,290,054
Other Revenue from current yearUSD $ 8,246,694
Gross receipts from all sourcesUSD $ 1,375,460,460
Net assets / fund balances at end of fiscal yearUSD $ 709,530,128
Net assets / fund balances at beginning of fiscal yearUSD $ 790,596,028
Total liabilities at end of fiscal yearUSD $ 714,913,794
Total liabilities at beginning of fiscal yearUSD $ 632,851,201
Total assets at end of fiscal yearUSD $ 1,424,443,922
Total assets at beginning of fiscal yearUSD $ 1,423,447,229
Revenues less expenses for current yearUSD $ -32,994,089
Revenues less expenses for previous yearUSD $ -9,783,010
Total expenses for current yearUSD $ 1,098,223,727
Total expenses for previous yearUSD $ 1,034,167,696
Other expenses in current yearUSD $ 479,394,201
Other expenses in previous yearUSD $ 452,702,426
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 616,878,025
Employee salary and benefits paid in previous yearUSD $ 579,567,162
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 1,951,501
Grants and similar amounts paid in previous yearUSD $ 1,898,108
Total revenue in current fiscal yearUSD $ 1,065,229,638
Total revenue in previous fiscal yearUSD $ 1,024,384,686
Contributions and grants from current yearUSD $ 4,801,839
Contributions and grants from previous yearUSD $ 4,731,146
Total of other revenueUSD $ 7,617,790

Other Company Names associated with EIN

WAKEMED

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 566017737

USA Mailing Address
3000 NEW BERN AVENUE
RALEIGH
NC
276101215
Date first seen: 2010-07-21
Date last seen: 2026-01-06
USA Mailing Address
3000 NEW BERN AVE
RALEIGH
NC
27610
Date first seen: 2007-01-01
Date last seen: 2025-07-31
USA Mailing Address
3000 NEW BERN AVENUE
RALEIGH
NC
27610
Date first seen: 2007-01-01
Date last seen: 2026-01-07

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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