Official Seal, Everything Is Broken (2026)

Everything Is Broken

Report No. 1 · Nonprofit Hospital Executive Pay vs Charity Care · Annual Report, 2026 edition

North Carolina · Ranked 25 of 1033 by CEO pay.

North Carolina Baptist Hospital

Julie Ann Freischlag MD, CEO Of AHWFB. Fiscal year ending 2024-12.

$7.6M
CEO total compensation
Form 990 Part VII, columns D+E+F
0.83%
of expenses spent on charity care
Schedule H Part I line 7a
29.0%
CEO pay as a share of all charity care
Julie Ann Freischlag MD’s pay of $7,634,720 equals 29.0 percent of the $26,363,201 the system spent on charity care in the same year.

§1The filing

Total revenue
$3,259,407,603
Total expenses
$3,178,051,973
Net assets
$1,743,651,132
Employees
0
Hospitals covered
2 facilities across 1 filing
Charity care, net
$26,363,201
Bad debt
$57,200,329
Medicare surplus (shortfall), as filed
($349,949,980)
CEO pay from the organization (Part VII col. D)
$7,594,629
From related organizations (col. E)
$0
Other compensation, including deferred pay and nontaxable benefits (col. F)
$40,091
CEO total compensation (D+E+F)
$7,634,720 to Julie Ann Freischlag MD

Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.

Source: Form 990, North Carolina Baptist Hospital, EIN 56-0552787, fiscal year ending 2024-12, as published by the IRS. CEO identification: ceo title.

§2Community benefit versus charity care

What the system reported as total community benefit (Schedule H line 7k)$157.7M Of which charity care to patients who could not pay (line 7a)$26.4M (17%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($57.2M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.

Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.

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North Carolina Baptist Hospital: CEO pay $7.6M, charity care 0.83% of expenses