Medical & Dental Staff Of Holy Cross Hospital Of Silver Spring
- Assets
- $825.8k
- Revenue
- $470.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Silver Spring, MD
- Founding
- 09/1978
- Data as of
- 12/2021
- EIN
- 52-1057207
Organization Overview
Medical & Dental Staff Of Holy Cross Hospital Of Silver Spring is located in Silver Spring, MD. The organization was established in 1978. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, 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. Medical & Dental Staff Of Holy Cross Hospital Of Silver Spring 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 12/2021, Medical & Dental Staff Of Holy Cross Hospital Of Silver Spring generated $470.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $345.5k during the year ending 12/2021. While expenses have increased by 0.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CONTINUING EDUCATION LECTURES AND PROGRAMS FOR ENTIRE MEMBERSHIP, ALSO CONFIRMING AND OVERSEEING THE EDUCATIONAL AND LICENSURE REQUIREMENTS OF THE PROFESSIONAL STAFF OF HCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES CONTINUING EDUCATION AND LICENSURE REVIEW - THE ORGANIZATION FUNDS CONTINUING EDUCATION SEMINARS AND LECTURES FOR THE ENTIRE MEMBERSHIP AND CONFIRMS AND OVERSEES THELICENSURE AND CREDENTIAL REQUIREMENTS OF THE ENTIRE PROFESSIONAL STAFF OF HOLY CROSS HOSPITAL IN SILVER SPRING, MARYLAND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheryl Aylesworth MD President | Officer | 8 | $50,000 |
Eric Ashkin MD Dept Chair Of Credentials | Trustee | 3 | $25,000 |
Garry Ruben MD Dept Chair Surgery | Trustee | 4 | $22,500 |
Juliette Prust MD Dept Chair Of Ob/gyn | Trustee | 3 | $17,500 |
Ann Starchman MD Dept Chair Pediatrics | Trustee | 4 | $10,500 |
Zachary Levine MD Vice-President | Officer | 4 | $10,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $470,305 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $470,305 |
| Total Program Service Revenue | $0 |
| Investment income | $215 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $470,520 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $62,560 |
| 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. | $161,500 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $73,400 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,000 |
| Advertising and promotion | $0 |
| Office expenses | $9,354 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,516 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $682 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $345,505 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $589,001 |
| Savings and temporary cash investments | $215,089 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,957 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $17,705 |
| Total assets | $825,752 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $825,752 |
Grants Awarded
Over the last fiscal year, Medical & Dental Staff Of Holy Cross Hospital Of Silver Spring has awarded $84,250 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Silver Spring, MD PURPOSE: GENERAL CONTRIBUTION | $82,750 |
Roanoke, VA PURPOSE: GENERAL CONTRIBUTION | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Upmc Lititz Harrisburg, PA | $81,864,299 | $83,139,500 |
Bon Secours - St Francis Medical Center Inc Center Inc Richmond, VA | $0 | $100,867,544 |
Harford Memorial Hospital Inc Havre De Grace, MD | $204,952,590 | $97,757,591 |
Jeanes Hospital Philadelphia, PA | $0 | $90,864,313 |
Lehigh Valley Hospital - Coordinated Health Allentown Allentown, PA | $172,900,540 | $112,544,100 |
Halifax Regional Hospital Inc Norfolk, VA | $49,612,708 | $85,918,796 |
Shore Health Services Inc Newport News, VA | $73,414,092 | $98,574,947 |
Blue Mountain Hospital Allentown, PA | $0 | $78,395,652 |
Southside Community Hospital Inc Farmville, VA | $139,378,592 | $111,131,365 |
St Agnes Continuing Care Center Newtown Square, PA | $67,369,995 | $92,613,131 |
Primary Health Network Sharon, PA | $64,443,221 | $87,200,080 |
Waynesboro Hospital York, PA | $151,400,285 | $80,917,137 |