ECU Health Financial Management and Reporting
Mission
Provide outstanding service and continued support of the growth, development, and operation of unit within the Division of Administration and Finance, offering quality services by professionals who are knowledgeable and dedicated.
Purpose
ECU Health Financial Management and Reporting unit is responsible for all financial accounting, reporting, and budgeting functions within the Brody School of Medicine and faculty practice component of ECU Health, including state-appropriated funds, indirect funds, institutional trust funds, contract funds, clinical funds, and foundation funds. In addition, the unit is responsible for clinical depository services and medical contract management for the university. Total expenditures from state-appropriated funds total approximately $85 million annually. Revenue and expenditures from clinical funds exceed $215 million annually.
The unit is responsible for all financial activities of the ECU Medical & Health Sciences Foundation, an independent 501(c)(3) charitable foundation. It is responsible for the management of over $80 million in total assets, approximately $10 million in annual revenue (including $5 million of annual gifts), and approximately $5 million in annual expenditures that provide support ECU’s Health and The Brody School of Medicine.