Greater Baltimore Medical Center
- Assets
- $707.3m
- Revenue
- $540.7m
- Investments
- $273.8m
- Employees
- 4,630
- Location
- Baltimore, MD
- Founding
- 11/1996
- Data as of
- 06/2020
- EIN
- 52-6049658
Organization Overview
Greater Baltimore Medical Center is located in Baltimore, MD. The organization was established in 1996. 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, Greater Baltimore Medical Center employed 4,630 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Baltimore Medical Center 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 06/2020, Greater Baltimore Medical Center generated $540.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $531.7m during the year ending 06/2020. While expenses have increased by 4.6% 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.
Since 2015, Greater Baltimore Medical Center has awarded 38 individual grants totaling $968,703. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE MEDICAL CARE AND SERVICE OF THE HIGHEST QUALITY TO EACH PATIENT LEADING TO HEALTH, HEALING, AND HOPE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GREATER BALTIMORE MEDICAL CENTER, INC. (GBMC) IS A 284-BED MEDICAL CENTER (ACUTE AND SUB-ACUTE CARE), LOCATED ON A SUBURBAN CAMPUS, WHICH PROVIDED INPATIENT CARE AND OBSERVATION SERVICES TO 14,365 AND 3,758 PATIENTS, RESPECTIVELY. ADDITIONALLY, GBMC DELIVERED OVER 4,345 BABIES IN THE FISCAL YEAR. GBMC'S DISTINCTIVE SERVICE LINES INCLUDE WOMEN'S CANCER, SURGICAL AND MEDICAL SERVICES. GBMC IS A FULLY ACCREDITED TEACHING HOSPITAL THAT IS AFFILIATED WITH JOHNS HOPKINS UNIVERSITY.
THE OPERATING ROOM PERFORMED OVER 21,534 INPATIENT AND OUTPATIENT SURGICAL PROCEDURES IN THE FISCAL YEAR. SPECIALTIES INCLUDE GBMC'S COMPREHENSIVE OBESITY MANAGEMENT PROGRAM, THE OLDEST RECOGNIZED AMERICAN SOCIETY OF METABOLIC AND BARIATRIC SURGERY (ASMBS) CENTER OF EXCELLENCE IN THE METROPOLITAN BALTIMORE AREA; JOHNS HOPKINS HEAD AND NECK SURGERY AT GBMC; MINIMALLY INVASIVE AND ENDOCRINE SURGERY; NEUROSURGERY; VASCULAR AND THORACIC SURGERY; AND UROLOGY
THE EMERGENCY DEPARTMENT TREATED 42,839 PATIENTS IN THE FISCAL YEAR. THE EMERGENCY SERVICES DEPARTMENT HAS 3 PATIENT CARE AREAS, DESIGNED TO MINIMIZE WAIT & MAXIMIZE SERVICE FOR PATIENTS & THEIR FAMILIES. PATIENTS WITH MINOR INJURIES SUCH AS SPRAINS ARE CARED FOR IN THE URGENT CARE AREA. SEVERE PROBLEMS SUCH AS ACUTE ABDOMINAL PAIN, CHEST PAIN OR INJURIES FROM MOTOR VEHICLE ACCIDENTS ARE EVALUATED AND TREATED IN EMERGENT CARE. ADJACENT TO THE EMERGENT CARE AREA IS AN OBSERVATIONAL CARE AREA FOR ADULT PATIENTS WHO NEED TO BE MONITORED BUT NOT ADMITTED.
AMBULATORY, POST ACUTE, & PRIMARY CARE SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victor A Khouzami MD Chair/physician | 60 | $1,396,532 | |
John B Chessare MD Director/ceo Gbmc Healthcare | OfficerTrustee | 33 | $1,245,641 |
Elizabeth A Dovec MD Physician | 60 | $969,997 | |
Bimal G Rami MD Med Director/physician | 60 | $917,487 | |
Harold Tucker MD Evp & Chief Medical Officer (to 1/21) | Officer | 50 | $901,801 |
Mark Iguchi MD Physician | 60 | $837,324 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sodexo Inc Management - Hotel Services | 6/29/21 | $4,734,206 |
Johns Hopkins University Residency Program | 6/29/21 | $4,556,588 |
Chesapeake Medical Staffing Medical Staffing | 6/29/21 | $4,382,935 |
Epic Systems Corporation Software Engineering | 6/29/21 | $2,497,742 |
Clearpath Solutions Group Llc Software Engineering | 6/29/21 | $4,380,946 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,483,359 |
| Investment income | $5,970,025 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,527,876 |
| Net Income from Fundraising Events | -$164,790 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $540,688,804 |
| Statement of Expenses | |
|---|---|
| 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. | $14,474,881 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $241,811,943 |
| Pension plan accruals and contributions | $8,469,660 |
| Other employee benefits | $19,515,597 |
| Payroll taxes | $16,783,553 |
| Fees for services: Management | $1,460,306 |
| Fees for services: Legal | $357,917 |
| Fees for services: Accounting | $554,152 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $896,489 |
| Fees for services: Other | $39,463,006 |
| Advertising and promotion | $1,398,511 |
| Office expenses | $102,149,906 |
| Information technology | $10,434,787 |
| Royalties | $0 |
| Occupancy | $10,106,821 |
| Travel | $478,990 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $778,809 |
| Interest | $6,035,911 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $35,787,470 |
| Insurance | $1,218,527 |
| All other expenses | $0 |
| Total functional expenses | $531,665,746 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $70,906,388 |
| Pledges and grants receivable | $22,302,489 |
| Accounts receivable, net | $49,684,123 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,909,962 |
| Prepaid expenses and deferred charges | $11,027,147 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $273,823,182 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $50,477,427 |
| Total assets | $707,278,041 |
| Accounts payable and accrued expenses | $64,571,433 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $90,562,113 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $38,379,505 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $144,348,981 |
| Total liabilities | $337,862,032 |
| 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 |
| Total liabilities and net assets/fund balances | $369,416,009 |
Grants Awarded
Over the last fiscal year, Greater Baltimore Medical Center has awarded $334,558 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Baltimore, MD PURPOSE: RESTRICTED SCHOLARSHIP FOR SOCIAL WORK STUDENTS | $200,000 |
Baltimore, MD PURPOSE: GENERAL SUPPORT | $54,000 |
Baltimore, MD PURPOSE: TO MAKE A PRIVATE, COLLEGE-PREPARATORY EDUCATION AFFORDABLE TO URBAN YOUNG PEOPLE FROM BALTIMORE | $35,558 |
Baltimore, MD PURPOSE: GENERAL SUPPORT | $25,000 |
Dallas, TX PURPOSE: TO FUND CARDIOVASCULAR MEDICAL RESEARCH | $5,000 |
Oceanside, NY PURPOSE: FUND DAY CAMP FOR UNDERPRIVILEGED YOUTHS | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Greater Baltimore Medical Center has recieved totaling $1,150,000.
| Awarding Organization | Amount |
|---|---|
Herman & Walter Samuelson Foundation Inc Towson, MD PURPOSE: PROMISE PROJECT | $400,000 |
Louis And Phyllis Friedman Foundation Inc Towson, MD PURPOSE: L&P FRIEDMAN BUILDING | $300,000 |
Herman & Walter Samuelson Foundation Inc Towson, MD PURPOSE: GECKLE DIABETES CENTER | $100,000 |
Herman & Walter Samuelson Foundation Inc Towson, MD PURPOSE: PROMISE PROJECT | $100,000 |
Louis And Phyllis Friedman Foundation Inc Towson, MD PURPOSE: THE PROMISE PROJECT | $100,000 |
Herman & Walter Samuelson Foundation Inc Towson, MD PURPOSE: BERMAN CANCER CENTER | $100,000 |
Endowment Analysis
| Beg. Balance | $37,575,539 |
| Earnings | $11,549,578 |
| Net Contributions | $1,488,212 |
| Other Expense | $5,400,493 |
| Ending Balance | $45,212,836 |
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 |