Union Memorial Hospital
- Assets
- $246.8m
- Revenue
- $463.7m
- Investments
- $84.5m
- Employees
- 2,092
- Location
- Baltimore, MD
- Founding
- 05/1921
- Data as of
- 06/2021
- EIN
- 52-0591685
Organization Overview
Union Memorial Hospital, operating under the name Medstar Union Memorial Hospital, is located in Baltimore, MD. The organization was established in 1921. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 06/2021, Medstar Union Memorial Hospital employed 2,092 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Medstar Union Memorial Hospital 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 06/2021, Medstar Union Memorial Hospital generated $463.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $469.9m during the year ending 06/2021. While expenses have increased by 1.2% per year over the past 6 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE OTO BE A COMPREHENSIVE HOSPITAL WITH REGIONAL SPECIALTY SERVICES OF DISTINCTION AND QUALITY COMMUNITY SERVICES, ALL ENHANCED BY CLINICAL EDUCATION & RESEARCH.
Describe the Organization's Program Activity:
SEE SCHEDULE OMEDSTAR UNION MEMORIAL LARGEST PROGRAM IS ACCESS TO AND THE PROVISION OF ACUTE HOSPITAL SERVICES TO THE COMMUNITIES OF NORTHERN BALTIMORE CITY, MARYLAND AND THE SURROUNDING AREAS. IN ADDITION TO THE PROGRAM SERVICE EXPENSES LISTED ABOVE, MEDSTAR UNION MEMORIAL INCURRED $76.6M OF MANAGEMENT AND GENERAL EXPENSES IN PROVIDING SERVICES TO ITS COMMUNITIES. MEDSTAR UNION MEMORIAL IS A CARDIAC REGIONAL TREATMENT CENTER AND IS ALIGNED WITH THE CLEVELAND CLINIC THROUGH MEDSTAR HEART & VASCULAR INSTITUTE TO SHARE BEST PRACTICES AND IMPROVE CARE FOR HEART PATIENTS. MEDSTAR UNION MEMORIAL'S CURTIS NATIONAL HAND CENTER IS DESIGNATED AS THE HAND AND UPPER EXTREMITY TRAUMA CENTER FOR THE STATE OF MARYLAND BY THE MARYLAND INSTITUTE OF EMERGENCY MEDICAL SYSTEMS THE ONLY SUCH CENTER IN THE U.S. TO EARN THIS DISTINCTION. MEDSTAR UNION MEMORIAL HAS ONE OF THE MOST COMPREHENSIVE ORTHOPAEDIC AND SPORTS MEDICINE PROGRAMS IN THE REGION. ITS PROGRAM IS JOINT COMMISSION (TJC) CERTIFIED IN HIP AND KNEE REPLACEMENT SURGERY AND WAS THE FIRST PROGRAM IN THE REGION TO BE TJC CERTIFIED IN SHOULDER REPLACEMENT SURGERY, SPINE SURGERY AND PALLIATIVE CARE. MEDSTAR UNION MEMORIAL RECEIVED HEALTHGRADES 2019 AMERICA'S 100 BEST HOSPITALS FOR ORTHOPEDIC SURGERY AWARD FOR SUPERIOR CLINICAL OUTCOMES IN BACK AND NECK SURGERY, SPINAL FUSION, HIP FRACTURE TREATMENT, HIP REPLACEMENT, AND TOTAL KNEE REPLACEMENT AND THE 2019 AMERICA'S 100 BEST HOSPITALS FOR SPINE SURGERY AWARD FOR SUPERIOR CLINICAL OUTCOMES IN BACK AND NECK SURGERIES AND SPINAL FUSION PROCEDURES. MEDSTAR UNION MEMORIAL HAS BEEN RECOGNIZED BY U.S. NEWS & WORLD REPORT AS ONE OF THE BEST HOSPITALS IN THE BALTIMORE REGION FOR HEART BYPASS, KNEE REPLACEMENT, AND ORTHOPAEDICS. MEDSTAR UNION MEMORIAL HAS THE UNIQUE DISTINCTION OF HAVING ITS OWN BIOMECHANICS RESEARCH FACILITY AND SURGICAL SKILLS TRAINING LAB. IN ADDITION, THE HOSPITAL IS RECOGNIZED BY TJC AS AN ADVANCED PRIMARY STROKE CENTER. MEDSTAR UNION MEMORIAL WAS ALSO RECOGNIZED BY PRACTICE GREENHEALTH ENVIRONMENTAL EXCELLENCE IN 2019 FOR ITS ONGOING COMMITMENT TO IMPROVING ITS ENVIRONMENTAL PERFORMANCE AND PRIDE IN REALIZING A TOP STANDARD OF EXCELLENCE IN SUSTAINABILITY.SINCE MARCH 2020, MEDSTAR HEALTH HAS CARED FOR 1 IN 4 COVID-19 PATIENTS IN THE REGION. OPERATING AS ONE MEDSTAR AND ALIGNING WITH GUIDANCE FROM THE CENTERS FOR DISEASE CONTROL AND PREVENTION (CDC) AND LOCAL DEPARTMENTS OF HEALTH, MEDSTAR HEALTH COVID-19 PREPARATIONS AND RESPONSE ARE GUIDED BY THREE CRITICAL DRIVERS: PROVIDING A SAFE CARE ENVIRONMENT FOR PATIENTS AND ASSOCIATES; MITIGATING COMMUNITY SPREAD OF COVID-19; AND ENSURING OPERATIONAL CONTINUITY TO FULFILL OUR CORE MISSION OF CARING FOR OUR COMMUNITIES.THESE EFFORTS HAVE EVOLVED AND TRANSITIONED IN MULTIPLE WAY THROUGHOUT THE DURATION OF THE COVID-19 PANDEMIC, LEADING TO A NUMBER OF INTEGRATED CARE APPROACHES IN PLACE TODAY: UTILIZATION OF MEDSTAR HEALTH URGENT CARE, EVISITS AND OUR DIGITAL CAPABILITIES TO CREATE ACCESS, RAPID STAND-UP OF TESTING SITES, USE OF TELEHEALTH FOR PRIMARY CARE AND FOLLOW-UP VISITS, UTILIZATION OF MEDSTAR HEALTH HOME CARE TO SAFELY MANAGE THE CARE CONTINUUM NEEDS FOR PATIENTS, DEPLOYMENT OF INNOVATIVE LABORATORY APPROACHES INTEGRATED WITH OCCUPATIONAL HEALTH TO BETTER SUPPORT ASSOCIATES MANAGING THROUGH COVID-19 EXPOSURES, STAND-UP OF A BUDDY PROGRAM WHERE NON-CLINICAL ASSOCIATES TAKE SHIFTS TO PROVIDE SUPPORT SERVICES FOR NURSING AND CARE TEAMS, ESTABLISHMENT OF COMMUNITY MOBILE UNITS AND CLINICS FOR COVID-19 VACCINATIONS/BOOSTERS, SUPPLY AND MAINTAIN PERSONAL PROTECTIVE EQUIPMENT (PPE), N95 RESPIRATORS, COVID-19 VACCINES AND BOOSTERS, EXECUTION OF A MANDATORY COVID-19 VACCINATION POLICY RESULTING IN 99% OF ASSOCIATES AND PHYSICIANS VACCINATED AGAINST COVID-19, AND ADMINISTRATION OF MORE THAN 253,000 COVID-19 VACCINATIONS/BOOSTERS ACROSS THE REGION.
MEDSTAR UNION MEMORIAL PROVIDED $21.4M IN HEALTH PROFESSIONS EDUCATION IN FISCAL YEAR 2021. THIS CATEGORY INCLUDES TRAINING IN GRADUATE MEDICAL EDUCATION, EDUCATION FOR PHYSICIANS, MEDICAL STUDENTS, NURSES, AND OTHER HEALTH PROFESSIONS.
MEDSTAR UNION MEMORIAL PROVIDED $7.5M IN CHARITY CARE IN FISCAL YEAR 2021IN SUBSIDIZED (MISSION DRIVEN) HEALTH SERVICES IN FISCAL YEAR 2021. THESE CRITICAL SERVICES, WHICH ARE DRIVEN BY COMMUNITY NEEDS, OPERATE AT A LOSS. THEY ADDRESS PRIORITIES PRIMARILY THROUGH DISEASE PREVENTION AND IMPROVEMENT OF HEALTH STATUS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zeena Dorai MD Director | Trustee | 40 | $1,480,336 |
Michael Fiocco MD Director (until 10/21) | Trustee | 40 | $806,140 |
Paul Tortolani MD Physician | 40 | $743,805 | |
Mesfin A Lemma Director | Trustee | 40 | $676,367 |
George D Bittar MD Director | Trustee | 20 | $666,229 |
Bradley Chambers President/director | OfficerTrustee | 20 | $641,586 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Amn Healthcare Inc Staffing Services | 6/29/21 | $5,896,222 |
Ct Assist Llc Staffing Services | 6/29/21 | $3,442,079 |
Sodexo Inc & Affiliates Food&facilities Mgmt | 6/29/21 | $1,665,083 |
Pulmonary & Critical Care Associates Medical Services | 6/29/21 | $1,436,184 |
Standard Parking Corp Parking Services | 6/29/21 | $1,266,017 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $19,221,478 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,131,224 |
| Noncash contributions included in lines 1a–1f | $276,748 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,352,702 |
| Total Program Service Revenue | $435,749,839 |
| Investment income | $697,447 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $569,739 |
| Net Gain/Loss on Asset Sales | $1,637,724 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $463,660,002 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $65,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $6,176,494 |
| Compensation of current officers, directors, key employees. | $322,267 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $205,882,587 |
| Pension plan accruals and contributions | $2,722,837 |
| Other employee benefits | $24,889,950 |
| Payroll taxes | $11,604,848 |
| Fees for services: Management | $44,897,787 |
| Fees for services: Legal | $3,532 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,295,029 |
| Advertising and promotion | $200,363 |
| Office expenses | $3,310,984 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,149,766 |
| Travel | $332,824 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $86,441 |
| Interest | $2,283,404 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,898,309 |
| Insurance | $6,789,738 |
| All other expenses | $13,060,367 |
| Total functional expenses | $469,877,188 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,480 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,003,775 |
| Accounts receivable, net | $55,851,094 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,981,443 |
| Prepaid expenses and deferred charges | $908,809 |
| Net Land, buildings, and equipment | $90,225,274 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $84,497,665 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,279,127 |
| Total assets | $246,794,667 |
| Accounts payable and accrued expenses | $24,029,357 |
| Grants payable | $0 |
| Deferred revenue | $3,088,302 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $121,082,168 |
| Total liabilities | $148,199,827 |
| Net assets without donor restrictions | $56,446,491 |
| Net assets with donor restrictions | $42,148,349 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $246,794,667 |
Grants Awarded
Over the last fiscal year, Union Memorial Hospital has awarded $262,422 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Boston, MA PURPOSE: Internship Seat | $48,724 |
Boston, MA PURPOSE: Internship Seat | $48,724 |
Boston, MA PURPOSE: Internship Seat | $48,724 |
Dallas, TX PURPOSE: SPONSORSHIP | $30,000 |
Dallas, TX PURPOSE: SPONSORSHIP | $30,000 |
Dallas, TX PURPOSE: SPONSORSHIP | $30,000 |
Grants Recieved
Over the last fiscal year, we have identified 16 grants that Union Memorial Hospital has recieved totaling $860,530.
| Awarding Organization | Amount |
|---|---|
Ralph C Heller Foundation Inc Baltimore, MD PURPOSE: FOR HEART AND CANCER RESEARCH AND TREATMENT | $227,290 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $150,000 |
Everest Edwin Foundation Los Angeles, CA PURPOSE: RESEARCH | $108,900 |
The Nicholl Family Foundation Inc Sykesville, MD PURPOSE: DONATION | $100,000 |
Omega Medical Grants Association Rosemont, IL PURPOSE: FELLOWSHIP | $82,000 |
Rollins Luethkemeyer Foundation Inc Baltimore, MD PURPOSE: SPINE FELLOWSHIP PROGRAM AND ORTHOPEDICS | $62,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Presbyterian Medical Center Of The University Of Pennsylvania Health Philadelphia, PA | $864,132,692 | $1,007,924,819 |
Abington Memorial Hospital Philadelphia, PA | $948,017,930 | $858,404,541 |
Sinai Hospital Of Baltimore Inc Baltimore, MD | $642,141,254 | $936,777,270 |
Mary Washington Healthcare Fredericksburg, VA | $593,675,918 | $863,388,863 |
Bayhealth Medical Center Inc Dover, DE | $1,592,804,671 | $861,509,299 |
Tower Health Reading, PA | $1,567,530,050 | $562,187,138 |
Cabell Huntington Hospital Inc Huntington, WV | $1,087,986,142 | $722,910,695 |
Pennsylvania Hospital Of The Univ Of Pennsylvania Health System Philadelphia, PA | $773,767,590 | $678,080,811 |
Johns Hopkins Bayview Medical Center Inc Baltimore, MD | $440,914,055 | $670,376,991 |
Kennedy University Hospital Inc Philadelphia, PA | $1,241,829,856 | $668,598,689 |
Franklin Square Hospital Center Inc Baltimore, MD | $352,871,142 | $621,968,540 |
Holy Cross Health Inc Silver Spring, MD | $1,036,467,989 | $628,720,499 |