Program areas at MedStar Health
See schedule oas the parent company in an integrated healthcare system, Medstar Health, Inc. Establishes the strategic direction for its affiliated entities. Medstar Health's sole program service is the management and support of its affiliated entities. The program service expenses incurred by the organization relate to corporate service departments and functions for: academic affairs, business development, community Health, compliance, digital platform development, finance, government affairs, graduate medical education, human resources, information services, internal audit, legal, managed care, philanthropy, privacy, quality & safety, risk management, strategic planning & marketing, and treasury.
Grants made by MedStar Health
| Grantee | Grant description | Grant year | Amount |
|---|
| Georgetown University | Supporting the School of Medicine | 2023-06 | $14,349,221 |
Who funds MedStar Health
Grants from foundations and other nonprofits
Personnel at MedStar Health
| Name | Title | Compensation | Date of data |
|---|
| Kenneth A Samet | President and Chief Executive Officer / Chief Executive Officer and President | $5,361,626 | 2023-06-30 |
| Bradley S. Chambers | Senior Vice President and Chief Operating Officer , Baltimore Region | | 2023-04-08 |
| Susan Nelson | Executive Vice President and Chief Financial Officer | $2,041,939 | 2023-06-30 |
| Joel Bryan | Vice President and Treasurer and Chief Information Officer | | 2024-05-07 |
| Jennie P. McConagha | Senior Vice President and Chief of Staff | | 2023-04-08 |
| ...and 25 more key personnel |
Financials for MedStar Health
| Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
|---|
| Total grants, contributions, etc. | $42,752,842 | $-4,219,385 | 1113.2% |
| Program services | $261,430,561 | $209,051,491 | 25.1% |
| Investment income and dividends | $36,401,272 | $24,263,719 | 50% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $17,196,220 | $35,909,466 | -52.1% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $8,871,148 | $59,417,313 | -85.1% |
| Total revenues | $366,652,043 | $324,422,604 | 13% |
Organizations like MedStar Health
| Organization | Type | Location | Revenue |
|---|
| Southern Illinois Healthcare (SIH) | 501(c)(3) | Carbondale, IL | $664,786,468 |
| Inspira Medical Centers | 501(c)(3) | Bridgeton, NJ | $1,132,322,569 |
| CoxHealth | 501(c)(3) | Springfield, MO | $1,639,754,736 |
| Munson Healthcare | 501(c)(3) | Traverse City, MI | $215,104,064 |
| Hawaii Pacific Health | 501(c)(3) | Honolulu, HI | $231,206,421 |
| Essentia Health / David Herman MBR | 501(c)(3) | Duluth, MN | $348,209,105 |
| Texas Health Resources (THR) | 501(c)(3) | Arlington, TX | $1,108,069,206 |
| Lifespan Corporation | 501(c)(3) | Providence, RI | $302,231,899 |
| Corewell Health | 501(c)(3) | Grand Rapids, MI | $719,851,214 |
| Johns Hopkins Health System Corporation (JHHS) | 501(c)(3) | Baltimore, MD | $732,690,126 |
Data update history
August 8, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 11, 2024
Used new vendors
Identified 5 new vendors, including , , , , and
Nonprofit Types
HospitalsHealth organizationsHeadquarter / parent organizations
Issues
HealthDiseases and disorders
Characteristics
Political advocacyLobbyingOperates internationallyReceives government fundingTax deductible donationsAccepts online donations
General information
- Address
- 10980 Grantchester Way
- Columbia, MD 21044
- Metro area
- Baltimore-Columbia-Towson, MD
- County
- Howard County, MD
- Website URL
- medstarhealth.org/Â
- Phone
- (877) 772-6505
- Facebook page
- MedStarHealthÂ
- Twitter profile
- @medstarhealthÂ
IRS details
- EIN
- 52-2087445
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1998
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- E21: Community Health Systems
- NAICS code, primary
- 622: Hospitals
- Parent/child status
- Central organization
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