Franklin Square Hospital Center Inc, operating under the name Medstar Franklin Square Medical Ctr, is located in Baltimore, MD. The organization was established in 1938. 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 06/2022, Medstar Franklin Square Medical Ctr employed 3,243 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Medstar Franklin Square Medical Ctr 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, Medstar Franklin Square Medical Ctr generated $547.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $559.7m during the year ending 06/2022. While expenses have increased by 1.4% 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.
Since 2018, Medstar Franklin Square Medical Ctr has awarded 13 individual grants totaling $398,348. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O MEDSTAR FRANKLIN SQUARE MEDICAL CENTER, A MEMBER OF MEDSTAR HEALTH, PROVIDES THE HIGHEST QUALITY HEALTHCARE AND EDUCATION TO OUR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE OMEDSTAR FRANKLIN SQUARE'S LARGEST PROGRAM IS ACCESS TO AND THE PROVISION OF ACUTE HOSPITAL SERVICES TO THE COMMUNITIES OF EASTERN BALTIMORE COUNTY, MARYLAND AND THE SURROUNDING AREAS. IN ADDITION TO THE PROGRAM SERVICE EXPENSES LISTED ABOVE, MEDSTAR FRANKLIN SQUARE INCURRED $82.2M OF MANAGEMENT AND GENERAL EXPENSES IN PROVIDING SERVICES TO ITS COMMUNITIES. MEDSTAR FRANKLIN SQUARE OFFERS CLINICAL SERVICES IN MEDICINE, SURGERY, ONCOLOGY, CARDIOLOGY (INCLUDING ANGIOPLASTY), OBSTETRICS AND GYNECOLOGY, PEDIATRICS, EMERGENCY SERVICES, BEHAVIORAL HEALTH, NEURO-STROKE CARE, AND A VARIETY OF AMBULATORY SERVICES. MEDSTAR FRANKLIN SQUARE EXPANDED CAPABILITIES IN THE TREATMENT OF NEUROVASCULAR/STROKE CARE WITH A NEUROVASCULAR CENTER, STROKE CARE CENTER, AND NEUROCARE ICU. MEDSTAR FRANKLIN SQUARE ALSO CONSTRUCTED A HELIPAD ON THE ROOF OF THE HOSPITAL TO FACILITATE PATIENT CARE. ACCREDITED BY THE JOINT COMMISSION, MEDSTAR FRANKLIN SQUARE IS PROUD TO HAVE EARNED SOME OF THE REGION'S AND NATION'S MOST PRESTIGIOUS HONORS AND ACCOLADES, INCLUDING: MAGNET DESIGNATION BY THE AMERICAN NURSES CREDENTIALING CENTER (ANCC) FOR EXCELLENCE IN NURSING; THE AMERICAN HEART ASSOCIATION'S "MISSION: LIFELINE - STEMI RECEIVING CENTER" GOLD AWARD; THE AMERICAN HEART ASSOCIATION/AMERICAN STROKE ASSOCIATION'S "GET WITH THE GUIDELINES" STROKE GOLD PLUS ACHIEVEMENT AWARD, THE CRIB FOR KIDS NATIONAL SAFE SLEEP HOSPITAL CERTIFICATION; BALTIMORE MAGAZINE RECOGNIZED 78 MEDSTAR HEALTH PHYSICIANS AS "TOP DOCTORS" IN NOVEMBER 2021; BALTIMORE MAGAZINE RECOGNIZED 5 MEDSTAR FRANKLIN SQUARE NURSES FOR EXCELLENCE IN NURSING IN 2021; CARDIOPULMONARY REHABILITATION CERTIFIED BY THE AMERICAN ASSOCIATION OF CARDIOVASCULAR AND PULMONARY REHABILITATION; MARYLAND PATIENT SAFETY CENTER'S NEONATAL ABSTINENCE SYNDROME CENTER OF EXCELLENCE AWARD; NURSE IMPROVING CARE FOR HEALTHSYSTEM ELDERS (NICHE) SENIOR FRIENDLY, AND RECOGNITION BY US NEWS AND WORLD REPORT AS HIGH PERFORMING IN HEART FAILURE, DIABETES CARE, STROKE, CHRONIC OBSTRUCTIVE PULMONARY DISEASE, AND LUNG CANCER.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 CONTINUE TO BE GUIDED BY THREE CRITICAL DRIVERS: PROVIDE A SAFE CARE ENVIRONMENT FOR PATIENTS AND ASSOCIATES; MITIGATE COMMUNITY SPREAD OF COVID-19; AND ENSURE OPERATIONAL CONTINUITY TO FULFILL OUR CORE MISSION OF CARING FOR OUR COMMUNITIES.THESE EFFORTS HAVE EVOLVED AND TRANSITIONED IN MULTIPLE WAYS 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, MEDSTAR EVISIT AND OUR DIGITAL CAPABILITIES TO CREATE ACCESS, TESTING SITES, AND TELEHEALTH FOR PRIMARY CARE AND FOLLOW-UP VISITS; EXPANDED MANAGEMENT OF CARE CONTINUUM NEEDS FOR PATIENTS THROUGH MEDSTAR HEALTH HOME CARE; EXECUTION OF INNOVATIVE LABORATORY APPROACHES INTEGRATED WITH OCCUPATIONAL HEALTH TO BETTER SUPPORT ASSOCIATES MANAGING THROUGH COVID-19 EXPOSURES; DEPLOYMENT OF COMMUNITY MOBILE UNITS AND CLINICS FOR COVID-19 VACCINATIONS/BOOSTERS; INCREASED MANAGEMENT OF SUPPLY AND ACQUISITION OF PERSONAL PROTECTIVE EQUIPMENT (PPE), N95 RESPIRATORS, COVID-19 VACCINES AND BOOSTERS; REINFORCEMENT OF A MANDATORY COVID-19 VACCINATION POLICY RESULTING IN COMPLIANCE OF 99% OF ASSOCIATES AND PHYSICIANS; AND ADMINISTRATION OF MORE THAN 36,800 COVID-19 VACCINATIONS/BOOSTERS TO MEDSTAR HEALTH ASSOCIATES AND PHYSICIANS AND MORE THAN 74,500 TO PATIENTS ACROSS THE REGION IN FY 2022.
MEDSTAR FRANKLIN SQUARE PROVIDED $50.1M IN SUBSIDIZED (MISSION DRIVEN) HEALTH SERVICES IN FISCAL YEAR 2022. 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. SERVICES INCLUDE HOSPITALISTS, BEHAVIORAL HEALTH, NEUROLOGY, EMERGENCY MEDICINE, WOMEN'S AND CHILDREN'S HEALTH, AND PALLIATIVE CARE.
MEDSTAR FRANKLIN SQUARE PROVIDED $18.7M IN HEALTH PROFESSIONS EDUCATION IN FISCAL YEAR 2022. THIS CATEGORY INCLUDES TRAINING IN GRADUATE MEDICAL EDUCATION, AND EDUCATION FOR PHYSICIANS, MEDICAL STUDENTS, NURSES, AND OTHER HEALTH PROFESSIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kenneth A Samet Director | Trustee | 1 | $0 |
Diana Pancu MD Director & VP Emerg Med. | Trustee | 1 | $0 |
Stuart M Levine MD President/director | OfficerTrustee | 40 | $1,156,749 |
Maryellen Goodell MD Director | Trustee | 40 | $300,962 |
Raymond A Naimoli Director | Trustee | 1 | $0 |
Mohamad M Alabrash MD Director (until 10/2021) | Trustee | 40 | $36,630 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Amn Healthcare Inc Staffing Services | 6/29/22 | $14,447,456 |
Aya Healthcare Inc Staffing Services | 6/29/22 | $1,734,004 |
Sodexo Inc & Affiliates Food & Facilities Management | 6/29/22 | $1,665,973 |
Pulmonary & Critical Care Associates Medical Services | 6/29/22 | $1,242,900 |
Crothall Svcs Group Environmental Services | 6/29/22 | $1,230,364 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $8,446,086 |
All other contributions, gifts, grants, and similar amounts not included above | $2,343,714 |
Noncash contributions included in lines 1a–1f | $17,872 |
Total Revenue from Contributions, Gifts, Grants & Similar | $10,789,800 |
Total Program Service Revenue | $533,271,972 |
Investment income | $120,146 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $468,165 |
Net Gain/Loss on Asset Sales | $162,233 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $547,008,613 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $139,937 |
Grants and other assistance to domestic individuals. | $54,534 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $2,519,540 |
Compensation of current officers, directors, key employees. | $173,276 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $225,183,189 |
Pension plan accruals and contributions | $3,821,200 |
Other employee benefits | $23,153,514 |
Payroll taxes | $13,233,641 |
Fees for services: Management | $49,810,294 |
Fees for services: Legal | $47,090 |
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 | $67,813,502 |
Advertising and promotion | $272,213 |
Office expenses | $899,340 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $438,368 |
Travel | $145,442 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $27,353 |
Interest | $7,986,085 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $27,194,984 |
Insurance | $9,569,504 |
All other expenses | $20,791,723 |
Total functional expenses | $559,660,260 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $9,532 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $74,759,968 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $10,791,844 |
Prepaid expenses and deferred charges | $927,352 |
Net Land, buildings, and equipment | $243,123,409 |
Investments—publicly traded securities | $0 |
Investments—other securities | $3,548,825 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $20,410,309 |
Total assets | $353,571,239 |
Accounts payable and accrued expenses | $31,075,910 |
Grants payable | $0 |
Deferred revenue | $2,529,105 |
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 | $64,715,297 |
Total liabilities | $98,320,312 |
Net assets without donor restrictions | $251,878,105 |
Net assets with donor restrictions | $3,372,822 |
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 | $353,571,239 |
Over the last fiscal year, Franklin Square Hospital Center Inc has awarded $116,807 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
Y IN CENTRAL MARYLAND INC PURPOSE: FIT AND FUN PROGRAM | $45,114 |
FAMILY CRISIS CENTER OF BALTIMORE COUNTY PURPOSE: ENHANCED CHILDREN'S SERVICES PROJECT | $31,197 |
ASSOCIATED CATHOLIC CHARITIES INC PURPOSE: OUTREACH AT VILLA MARIA COMMUNITY RESOURCES | $8,225 |
ABILITIES NETWORK PURPOSE: PEDIATRIC COMMUNITY HEALTH GRANT | $32,271 |