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.
Form
990T
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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John B Chessare MD Director/ceo Gbmc Healthcare | OfficerTrustee | 15 | $0 |
Robin Motter-Mast DO Director/chief Of Staff (beg 7/20) | OfficerTrustee | 10 | $0 |
J Christopher Greenawalt MD Dir./vice Chief Of Staff (beg 7/20) | OfficerTrustee | 10 | $0 |
Mr Frederick M Hudson Chair | OfficerTrustee | 1 | $0 |
Ms Faith E Thomas Vice Chair | OfficerTrustee | 1 | $0 |
Mr Thomas H Maddux III Secretary | OfficerTrustee | 1 | $0 |
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 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $5,000 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,353,520 |
Pension plan accruals and contributions | $60,025 |
Other employee benefits | $379,831 |
Payroll taxes | $152,939 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $29,856 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,349,046 |
Advertising and promotion | $0 |
Office expenses | $9,538 |
Information technology | $52,774 |
Royalties | $0 |
Occupancy | $0 |
Travel | $90 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,685 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $14,445 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $4,702,167 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
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 | $166,117 |
Investments—publicly traded securities | $0 |
Investments—other securities | $760,729,302 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $760,895,419 |
Accounts payable and accrued expenses | $1,739,382 |
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 | $1,739,382 |
Net assets without donor restrictions | $634,114,282 |
Net assets with donor restrictions | $125,041,755 |
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 | $760,895,419 |
Over the last fiscal year, we have identified 1 grants that Gbmc Healthcare Inc has recieved totaling $333,334.
Awarding Organization | Amount |
---|---|
Kahlert Foundation Inc Sykesville, MD PURPOSE: TO SUPPORT THE PROMISE PROJECT (HOSPITAL ADDITION AND SANDRA R. BERMAN PAVILION) | $333,334 |
Organization Name | Assets | Revenue |
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Chandler Hall Health Services Inc Newtown, PA | $26,412,529 | $17,505,940 |
Monongalia Health System Inc Morgantown, WV | $86,745,766 | $16,010,701 |
Main Line Health System Newtown Square, PA | $716,989,438 | $16,528,062 |
Keystone Human Services Harrisburg, PA | $87,650,682 | $15,974,485 |
Gslpg Inc Allentown, PA | $2,068,397 | $14,256,674 |
Wellspan Health Care Services York, PA | $27,111,355 | $16,698,867 |
Newport News General & Nonsectarian Hospital Assoc Inc Newport News, VA | $153,163,041 | $18,790,275 |
Kuumba Community Health & Wellness Center Inc Roanoke, VA | $14,550,456 | $13,244,163 |
Heritage Valley Health System Inc Beaver, PA | $119,093,589 | $30,915,024 |
Pittsburgh Mercy Health System Inc Pittsburgh, PA | $67,521,734 | $13,055,628 |
Western Maryland Health Care Corporation Oakland, MD | $13,609,447 | $14,070,540 |
Glade Run Medical Associates Kittanning, PA | $1,611,141 | $7,978,684 |