Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $473,383

• 2a · Program service revenue: NET PATIENT SERVICE REVENUE

  total $106,116,482 · related or exempt $106,116,482 · unrelated business $0 · excluded $0

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $2,112,143 · related or exempt $0 · unrelated business $0 · excluded $2,112,143

• 6a · Gross rents

  real property $256,218

• 6b · Less rental expenses

  real property $13,966

• 6c · Rental income or loss

  real property $242,252 · personal property $0

• 6d · Net rental income or loss

  total $242,252 · related or exempt $0 · unrelated business $0 · excluded $242,252

• 7a · Gross sales of assets other than inventory

  securities $133,325,793

• 7b · Less cost or other basis and sales expenses

  securities $134,758,757

• 7c · Gain or loss

  securities -$1,432,964 · other assets $0

• 7d · Net gain or loss

  total -$1,432,964 · related or exempt $0 · unrelated business $0 · excluded -$1,432,964

• 11a · Other revenue: Discounts/rebates

  total $3,442 · related or exempt $3,442 · unrelated business $0 · excluded $0

• 11b · Other revenue: Medical Records

  total $1,659 · related or exempt $0 · unrelated business $0 · excluded $1,659

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $5,101

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $8,250 · program services $8,250

• 4 · Benefits paid to or for members

  total $0 · program services $0

• 7 · Other salaries and wages

  total $45,278,442 · program services $29,563,435 · management and general $15,715,007 · fundraising $0

• 8 · Pension plan contributions

  total $381,482 · program services $249,079 · management and general $132,403 · fundraising $0

• 9 · Other employee benefits

  total $4,106,412 · program services $2,681,180 · management and general $1,425,232 · fundraising $0

• 10 · Payroll taxes

  total $3,118,648 · program services $2,036,244 · management and general $1,082,404 · fundraising $0

• 11d · Fees: lobbying

  total $3,984 · program services $0 · management and general $3,984 · fundraising $0

• 11f · Fees: investment management

  total $238,408 · program services $0 · management and general $238,408 · fundraising $0

• 11g · Fees: other

  total $24,128,204 · program services $10,773,114 · management and general $13,355,090 · fundraising $0

• 12 · Advertising and promotion

  total $20,720 · program services $13,529 · management and general $7,191 · fundraising $0

• 13 · Office expenses

  total $468,789 · program services $306,084 · management and general $162,705 · fundraising $0

• 16 · Occupancy

  total $2,597,378 · program services $1,695,893 · management and general $901,485 · fundraising $0

• 17 · Travel

  total $33,363 · program services $21,784 · management and general $11,579 · fundraising $0

• 19 · Conferences, conventions and meetings

  total $145,261 · program services $94,845 · management and general $50,416 · fundraising $0

• 20 · Interest

  total $798,320 · program services $521,243 · management and general $277,077 · fundraising $0

• 22 · Depreciation, depletion and amortization

  total $4,097,731 · program services $2,675,512 · management and general $1,422,219 · fundraising $0

• 23 · Insurance

  total $2,298,941 · program services $2,233,559 · management and general $65,382 · fundraising $0

• 24a · Other expenses: MEDICAL SUPPLIES

  total $6,917,837 · program services $6,917,837 · management and general $0 · fundraising $0

• 24b · Other expenses: Bad Debt

  total $3,687,642 · program services $3,687,642 · management and general $0 · fundraising $0

• 24c · Other expenses: Corporate Fees

  total $3,088,386 · program services $2,016,485 · management and general $1,071,901 · fundraising $0

• 24d · Other expenses: Repairs and maintenance

  total $1,269,756 · program services $829,056 · management and general $440,700 · fundraising $0

• 24e · All other expenses

  total $1,972,292 · program services $1,287,759 · management and general $684,533 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $6,964,231 · end of year $36

• 4 · Accounts receivable

  beginning of year $9,275,523 · end of year $8,021,480

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 8 · Inventories for sale or use

  beginning of year $2,454,744 · end of year $1,495,239

• 9 · Prepaid expenses and deferred charges

  beginning of year $528,642 · end of year $38,079

• 10a · Land, buildings and equipment: cost or other basis

  $99,392,195

• 10b · Land, buildings and equipment: accumulated depreciation

  $42,642,458

• 10c · Land, buildings and equipment, net

  beginning of year $56,765,166 · end of year $56,749,737

• 11 · Investments: publicly traded securities

  beginning of year $58,612,000 · end of year $67,356,000

• 12 · Investments: other securities

  beginning of year $47,983,307 · end of year $48,464,983

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $64,316 · end of year $5,944,194

• 17 · Accounts payable and accrued expenses

  beginning of year $16,857,061 · end of year $14,492,119

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $46,504,712 · end of year $4,169,053

• 27 · Net assets without donor restrictions

  beginning of year $119,286,156 · end of year $169,408,576

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation

THIS ORGANIZATION DOES NOT HAVE A PAID CHIEF EXECUTIVE OFFICER. ALL COMPENSATION TO THE CHIEF EXECUTIVE OFFICER REPORTED ON PART VII OF THE FORM 990 WAS PAID BY A RELATED ORGANIZATION, UNIVERSITY OF MARYLAND UPPER CHESAPEAKE HEALTH SYSTEM, INC. UNIVERSITY OF MARYLAND UPPER CHESAPEAKE HEALTH SYSTEM, INC. UNDERTAKES A THOROUGH PROCESS TO ENSURE THAT THE EXECUTIVE COMPENSATION IT PAYS TO ITS TOP MANAGEMENT OFFICIALS IS REASONABLE GIVEN THE MARKET IN WHICH THE ORGANIZATION OPERATES. UNIVERSITY OF MARYLAND UPPER CHESAPEAKE HEALTH SYSTEM, INC. CHECKS THE FOLLOWING BOXES FOR SCHEDULE J, PART I, QUESTION 3 ON ITS FORM 990: COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION, CONSULTANT COMPENSATION SURVEY OR STUDY APPROVAL BY THE BOARD OF COMPENSATION COMMITTEE.

Schedule J, Part I, Line 4a Severance or change-of-control payment

DURING THE FISCAL YEAR-ENDED JUNE 30, 2023, CERTAIN OFFICERS AND KEY EMPLOYEES HAVE RECEIVED SEVERANCE PAYMENTS. THESE AMOUNTS ARE REPORTED AS TAXABLE COMPENSATION AND REPORTED ON SCHEDULE J, PART II, LINE B(III), OTHER REPORTABLE COMPENSATION. THE INDIVIDUALS AND AMOUNTS ARE LISTED BELOW: LYLE SHELDON, $ 679,140

Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan

DURING THE FISCAL YEAR- ENDED JUNE 30, 2023, CERTAIN OFFICERS AND KEY EMPLOYEES PARTICIPATED IN THE UMMS SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. THE INDIVIDUALS LISTED BELOW HAVE NOT VESTED IN THE PLAN THEREFORE THE ACCRUED CONTRIBUTION TO THE PLAN FOR THE FISCAL YEAR IS REPORTED ON SCHEDULE J, PART II, COLUMN C, RETIREMENT AND OTHER DEFERRED COMPENSATION: Elizabeth Wise Marco Priolo DURING THE FISCAL YEAR-ENDED JUNE 30, 2023, CERTAIN OFFICERS AND KEY EMPLOYEES PARTICIPATED IN THE UNIVERSITY OF MARYLAND MEDICAL SYSTEM (UMMS) SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. THE INDIVIDUALS LISTED BELOW HAVE VESTED IN THE PLAN IN A PRIOR YEAR, THEREFORE THE CONTRIBUTIONS TO THE PLAN FOR THE FISCAL YEAR ARE REPORTED AS TAXABLE COMPENSATION AND REPORTED ON SCHEDULE J, PART II, LINE B (III), OTHER REPORTABLE MOHAN SUNTHA, MD, $1,015,893 LYLE SHELDON, $83,081 JOSEPH HOFFMAN, III, $21,857 ALICIA CUNNINGHAM, $60,925 LISA ROWAN, $94,436

Schedule J, Part I, Line 7 Non-fixed payments

BONUSES PAID ARE BASED ON A NUMBER OF VARIABLES INCLUDING BUT NOT LIMITED TO INDIVIDUAL GOAL ACHIEVEMENTS AS WELL AS ORGANIZATION OPERATION ACHIEVEMENTS. THE FINAL DETERMINATION OF THE BONUS AMOUNT IS DETERMINED AND APPROVED BY THE BOARD AS PART OF THE OVERALL COMPENSATION REVIEW OF THE OFFICERS AND KEY EMPLOYEES.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• UPPER CHESAPEAKE LAND DEVELOPMENT LLC

  REAL ESTATE · MD · income $0 · assets $0

  Directly controlled by HMH

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• ARUNDEL PHYSICIANS ASSOCIATES

  N/A · HEALTHCARE · MD

  Directly controlled by APA INC

• BALTIMORE WASHINGTON IMAGING

  N/A · HEALTHCARE · MD

  Directly controlled by UMBWMS

• UNIVERSITYCARE LLC

  N/A · HEALTHCARE · MD

  Directly controlled by UMMSC

• O'DEA MEDICAL ARTS LIMITED PAR

  N/A · RENTAL · MD

  Directly controlled by SJMC PROP

• ADVANCED IMAGING AT ST JOSEPH

  N/A · HEALTHCARE · MD

  Directly controlled by UMSJMC

• UNIVERSITY OF MARYLAND CHARLES

  N/A · HEALTHCARE · MD

  Directly controlled by UMCRCP

• BALTIMORE ASC VENTURES LLC

  N/A · HEALTHCARE · DE

  Directly controlled by UMSJMC

• UCHSUMMS Real Estate Trust

  N/A · Holding Co · MD

  Directly controlled by UMMSC

• UM Chesapeake Surgery Center LLC

  N/A · Healthcare · MD

  Directly controlled by UCHV

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• ARUNDEL PHYSICIANS ASSOCIATES INC

  C Corporation · HEALTHCARE · MD

  Directly controlled by NA

• BALTIMORE WASHINGTON HEALTH ENTERPRISES

  C Corporation · HEALTHCARE · MD

  Directly controlled by NA

• BW PROFESSIONAL SERVICES INC

  C Corporation · HEALTHCARE · MD

  Directly controlled by NA

• NA EXECUTIVE BUILDING CONDO ASSN INC

  C Corporation · REAL ESTATE · MD

  Directly controlled by NA

• UM CHARLES REGIONAL CARE PARTNERS

  C Corporation · HEALTHCARE · MD

  Directly controlled by NA

• UNIVERSITY MIDTOWN PROF CENTER

  C Corporation · REAL ESTATE · MD

  Directly controlled by NA

• UNIVERSITY OF MARYLAND HEALTH ADVANTAGE

  C Corporation · INSURANCE · MD

  Directly controlled by NA

• UNIVERSITY OF MARYLAND HEALTH PARTNERS

  C Corporation · INSURANCE · MD

  Directly controlled by NA

• UNIVERSITY OF MARYLAND MEDICAL SYSTEM HE

  C Corporation · INSURANCE · MD

  Directly controlled by NA

• UPPER CHESAPEAKE HEALTH VENTURES INC

  C Corporation · HEALTHCARE · MD

  Directly controlled by NA

• UPPER CHESAPEAKE MEDICAL CENTER LAND CON

  C Corporation · REAL ESTATE · MD

  Directly controlled by NA

• UPPER CHESAPEAKE MEDICAL OFFICE BUILDING

  C Corporation · REAL ESTATE · MD

  Directly controlled by NA

• SHORE ORTHOPEDICS INC

  C Corporation · HEALTHCARE · MD

  Directly controlled by NA

• MADISON MANOR INC

  C Corporation · HEALTHCARE · MD

  Directly controlled by NA

• AFFILIATED ENTERPRISES INC

  C Corporation · HEALTHCARE · MD

  Directly controlled by NA

• DIMENSIONS ASSURANCE LTD

  C Corporation · INSURANCE · CJ

  Directly controlled by NA

• RIVERSIDE HEALTH OF DELAWARE INC

  C Corporation · HEALTHCARE · DE

  Directly controlled by NA

• RIVERSIDE HEALTH OF DC INC

  C Corporation · HEALTHCARE · DC

  Directly controlled by NA