Frederick Health Inc

Organization Overview

Frederick Health Inc is located in Frederick, MD. The organization was established in 2013. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Frederick Health Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Frederick Health Inc generated $2.8m in total revenue. All expenses for the organization totaled $5.1m during the year ending 06/2022. While expenses have increased by 30.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO POSITIVELY IMPACT THE WELL-BEING OF EVERY INDIVIDUAL IN OUR COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ESTABLISH, MAINTAIN, SUPERVISE, COORDINATE, RECEIVE AND ADMINISTER FUNDS FOR, ASSIST AND PERFORM PLANNING AND OTHER FUNCTIONS FOR, OR TO CARRY OUT THE CHARITABLE, HEALTH, AND EDUCATIONAL PURPOSES OF FREDERICK HEALTH HOSPITAL, INC., FREDERICK HEALTH HOSPICE, INC. AND FREDERICK HEALTH MEDICAL GROUP, LLC.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Treasurer
$0
Name Not Listed
Secretary/treasurer (ended 9/21)
$0
Name Not Listed
Vice Chairman
$0
Name Not Listed
Secretary
$0
Name Not Listed
Chairman
$0
Name Not Listed
Director/pres. Ceo-Hospital
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Middletown Valley Family Medicine
Aco Med Shrd Savings
$336,266
Frederick Gastroenterology Assoc
Aco Med Shrd Savings
$105,626
Cardiovascular Specialists
Aco Med Shrd Savings
$122,723
Primaris Healthcare Business
Aco Med Shrd Savings
$118,415
Richard Gough Md
Aco Med Shrd Savings
$102,209
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$3,628
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,628
Total Program Service Revenue$2,273,972
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $500,203
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,777,803

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Frederick Health Inc
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