Gbmc Healthcare Inc

Organization Overview

Gbmc Healthcare Inc is located in Baltimore, MD. The organization was established in 1987. 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. Gbmc Healthcare 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 06/2021, Gbmc Healthcare Inc generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 70.2% each year . All expenses for the organization totaled $4.7m during the year ending 06/2021. While expenses have increased by 17.5% 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ESTABLISH, MAINTAIN, SUPERVISE, COORDINATE, ASSIST AND PERFORM PLANNING & OTHER FUNCTIONS FOR THE ENTITIES TO PROVIDE HEALTH-RELATED SERVICES OF THE CORPORATION AND ITS AFFILIATED ENTITIES.

Describe the Organization's Program Activity:

ACCOUNTABLE CARE ORGANIZATION WHICH INTEGRATES COMMUNITY PRIMARY CARE WITH HOSPITAL AND MULTI-SPECIALTY CARE IN THE TOWSON AREA.


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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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$3,121,010
Investment income $0
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 $3,121,010

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Gbmc Healthcare Inc has recieved totaling $333,334.

Awarding OrganizationAmount
Kahlert Foundation Inc

Sykesville, MD

PURPOSE: TO SUPPORT THE PROMISE PROJECT (HOSPITAL ADDITION AND SANDRA R. BERMAN PAVILION)

$333,334
View Grant Recipient Profile

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