Chesapeake Medical Group Inc is located in Kilmarnock, VA. The organization was established in 2000. According to its NTEE Classification (E31) the organization is classified as: Group Health Practices, under the broad grouping of Health Care and related organizations. As of 12/2019, Chesapeake Medical Group Inc employed 22 individuals. Chesapeake Medical Group 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 12/2019, Chesapeake Medical Group Inc generated $374.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (46.6%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2019. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
NOT-FOR-PROFIT PRIMARY MEDICAL CARE SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE FISCAL YEAR, CHESAPEAKE MEDICAL GROUP EMPLOYED PHYSICIANS AND NURSE PRACTITIONERS WHO PROVIDED EITHER FAMILY PRACTICE, PEDIATRIC OR SURGICAL MEDICAL CARE. CHESAPEAKE MEDICAL GROUP POLICY IS TO PROVIDE CARE TO ANY PATIENT REGARDLESS OF THEIR ABILITY TO PAY AND ACCEPTS BOTH CURRENT AND NEW PATIENTS REGARDLESS OF AVAILABLE INSURANCE COVERAGE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Former Ceo-Bsv | 0 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Graybeale Construction Construction Services | 8/30/19 | $449,042 |
Stonewall St Johns Partners Rental Property Management | 8/30/19 | $111,858 |
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 | $371,703 |
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 | $374,225 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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 | $605,372 |
Pension plan accruals and contributions | $19,181 |
Other employee benefits | $104,086 |
Payroll taxes | $27,269 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
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 | $136,022 |
Advertising and promotion | $0 |
Office expenses | $20,962 |
Information technology | $1,920 |
Royalties | $0 |
Occupancy | $30,008 |
Travel | $1,532 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $170 |
Interest | $17,603 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $15,620 |
Insurance | $6,810 |
All other expenses | $336 |
Total functional expenses | $1,057,555 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $0 |
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 | $0 |
Over the last fiscal year, we have identified 1 grants that Chesapeake Medical Group Inc has recieved totaling $5,910.
Awarding Organization | Amount |
---|---|
Reach Out And Read Inc Boston, MA PURPOSE: ENCOURAGE READING | $5,910 |
Organization Name | Assets | Revenue |
---|---|---|
University Of Maryland Radiation Oncology Associates P A Baltimore, MD | $6,659,518 | $17,091,961 |
Dentistry Vcu Richmond, VA | $25,164,029 | $20,569,045 |
Nmg Services Inc Winston Salem, NC | $0 | $13,440,108 |
Maryland General Clinical Practice Group Inc Baltimore, MD | $4,474,380 | $9,052,211 |
Progressive Healthcare Providers - Fern Park Llc Collierville, TN | $5,161,371 | $7,404,656 |
Virginia Primary Care Assn Inc Henrico, VA | $6,313,896 | $6,822,022 |
University Of Maryland Oncology Baltimore, MD | $2,404,871 | $5,598,327 |
University Of Louisville Medical School Practice Association Inc Louisville, KY | $2,805,325 | $4,438,040 |
University Of Maryland Dermatologists P A Baltimore, MD | $586,080 | $3,785,168 |
Medical Resource Center For Randolph County Inc Asheboro, NC | $2,443,446 | $3,543,468 |
Friends Of Guest House Inc Alexandria, VA | $2,435,545 | $2,428,969 |
Garrett County Lighthouse Inc Oakland, MD | $2,807,576 | $2,383,717 |