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Nonprofiteer
← MEDSTAR HEALTH INC

Form 990 for tax year 2022

Filed by MEDSTAR HEALTH INC.

Totals

Total revenue
$366,652,043
Total expenses
$298,884,795
Contributions and grants received
$42,752,842
Grants paid
$14,349,221
Program service revenue
$261,430,561
Investment income
$53,597,492
Other revenue
$8,871,148
Total assets, end of year
$3,203,474,364
Total liabilities, end of year
$2,719,862,512
Net assets or fund balances, end of year
$483,611,852
Program services expenses (Part IX)
$296,090,135
Management and general expenses
$0
Fundraising expenses
$2,794,660
Program service expenses (Part III)
$296,090,135

Program services were 99.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $42,163,284

  • 1f · All other contributions, gifts and grants

    $589,558

  • 2a · Program service revenue: GREENSPRING FEE

    total $244,223,444 · related or exempt $244,223,444

  • 2b · Program service revenue: OTHER HEALTH REVENUE

    total $16,754,279 · related or exempt $16,754,279

  • 2c · Program service revenue: HEALTH EDUCATION

    total $452,838 · related or exempt $452,838

  • 3 · Investment income

    total $36,401,272 · unrelated business -$766,391 · excluded $37,167,663

  • 7a · Gross sales of assets other than inventory

    securities $17,196,220

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

    securities $0

  • 7c · Gain or loss

    securities $17,196,220

  • 7d · Net gain or loss

    total $17,196,220 · excluded $17,196,220

  • 11a · Other revenue: OTHER INCOME/LOSS

    total $5,372,436 · excluded $5,372,436

  • 11b · Other revenue: REBATE INCOME

    total $3,498,712 · excluded $3,498,712

  • 11e · Other revenue, total

    $8,871,148

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $14,349,221 · program services $14,349,221

  • 5 · Compensation of officers, directors and key employees

    total $17,221,470 · program services $17,221,470

  • 6 · Compensation of disqualified persons

    total $703,740 · program services $703,740

  • 7 · Other salaries and wages

    total $137,160,821 · program services $137,160,821

  • 8 · Pension plan contributions

    total $2,451,659 · program services $2,451,659

  • 9 · Other employee benefits

    total $19,195,949 · program services $19,195,949

  • 10 · Payroll taxes

    total $6,904,100 · program services $6,904,100

  • 11b · Fees: legal

    total $7,529,472 · program services $7,529,472

  • 11c · Fees: accounting

    total $2,159,989 · program services $2,159,989

  • 11d · Fees: lobbying

    total $214,559 · program services $214,559

  • 11e · Fees: professional fundraising services

    total $2,794,660 · fundraising $2,794,660

  • 11g · Fees: other

    total $39,414,559 · program services $39,414,559

  • 12 · Advertising and promotion

    total $16,080,862 · program services $16,080,862

  • 13 · Office expenses

    total $9,124,557 · program services $9,124,557

  • 16 · Occupancy

    total $7,887,934 · program services $7,887,934

  • 17 · Travel

    total $602,074 · program services $602,074

  • 19 · Conferences, conventions and meetings

    total $183,887 · program services $183,887

  • 20 · Interest

    total $5,171,747 · program services $5,171,747

  • 22 · Depreciation, depletion and amortization

    total $3,602,240 · program services $3,602,240

  • 23 · Insurance

    total $229,254 · program services $229,254

  • 24a · Other expenses: MAINTENANCE

    total $4,668,486 · program services $4,668,486

  • 24b · Other expenses: MED/SURG SUPPLIES

    total $2,323,307 · program services $2,323,307

  • 24c · Other expenses: UTILITIES

    total $497,495 · program services $497,495

  • 24d · Other expenses: BAD DEBT

    total $17,500 · program services $17,500

  • 24e · All other expenses

    total -$1,604,747 · program services -$1,604,747

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $540,617,221 · end of year $433,724,655

  • 2 · Savings and temporary cash investments

    beginning of year $280,665,887 · end of year $161,650,844

  • 4 · Accounts receivable

    beginning of year $17,501,674 · end of year $22,139,397

  • 8 · Inventories for sale or use

    beginning of year $11,244,671 · end of year $6,167,102

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,710,424 · end of year $5,192,445

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

    $53,661,261

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

    $32,076,506

  • 10c · Land, buildings and equipment, net

    beginning of year $20,498,993 · end of year $21,584,755

  • 12 · Investments: other securities

    beginning of year $1,909,600,475 · end of year $2,086,492,676

  • 14 · Intangible assets

    beginning of year $267,904,923 · end of year $264,513,924

  • 15 · Other assets

    beginning of year $189,616,968 · end of year $202,008,566

  • 17 · Accounts payable and accrued expenses

    beginning of year $376,218,270 · end of year $426,631,064

  • 19 · Deferred revenue

    beginning of year $982,487 · end of year $814,593

  • 20 · Tax-exempt bond liabilities

    beginning of year $1,706,418,125 · end of year $1,669,713,145

  • 24 · Unsecured notes and loans payable

    beginning of year $130,588,825 · end of year $130,588,825

  • 25 · Other liabilities

    beginning of year $457,394,326 · end of year $492,114,885

  • 27 · Net assets without donor restrictions

    beginning of year $564,184,314 · end of year $478,578,747

  • 28 · Net assets with donor restrictions

    beginning of year $5,574,889 · end of year $5,033,105

Mission and programs · 2022

Mission

SEE SCHEDULE O

Activities or mission (Part I)

PLAN, DEVELOP, COORDINATE, DIRECT AND MANAGE AN INTEGRATED HEALTHCARE SYSTEM.

  • SEE SCHEDULE OAS THE PARENT COMPANY IN AN INTEGRATED HEALTHCARE SYSTEM, MEDSTAR HEALTH, INC. ESTABLISHES THE STRATEGIC DIRECTION FOR ITS AFFILIATED ENTITIES. MEDSTAR HEALTH'S SOLE PROGRAM SERVICE IS THE MANAGEMENT AND SUPPORT OF ITS AFFILIATED ENTITIES. THE PROGRAM SERVICE EXPENSES INCURRED BY THE ORGANIZATION RELATE TO CORPORATE SERVICE DEPARTMENTS AND FUNCTIONS FOR: ACADEMIC AFFAIRS, BUSINESS DEVELOPMENT, COMMUNITY HEALTH, COMPLIANCE, DIGITAL PLATFORM DEVELOPMENT, FINANCE, GOVERNMENT AFFAIRS, GRADUATE MEDICAL EDUCATION, HUMAN RESOURCES, INFORMATION SERVICES, INTERNAL AUDIT, LEGAL, MANAGED CARE, PHILANTHROPY, PRIVACY, QUALITY & SAFETY, RISK MANAGEMENT, STRATEGIC PLANNING & MARKETING, AND TREASURY.

    Expenses $296,090,135 · Grants $14,349,221 · Revenue $261,430,561

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Kenneth A Samet

    CEO AND PRESIDENT

    Total calculated
    $5,459,567
    From this org
    $5,361,626
    From related orgs
    $0
    Other
    $97,941
    Hours/week
    29 + 11 related

    Schedule J breakdown matched by us

    Base
    $2,106,059
    Bonus
    $3,176,567
    Other
    $79,000
    Deferred
    $62,059
    Nontaxable benefits
    $35,882
    Filer's total
    $5,459,567

  • Leigh Ann Curl MD

    DIRECTOR

    Total calculated
    $1,551,214
    From this org
    $0
    From related orgs
    $1,521,126
    Other
    $30,088
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,103,470 related
    Bonus
    $0 + $417,656 related
    Other
    $0
    Deferred
    $0 + $8,700 related
    Nontaxable benefits
    $0 + $21,388 related
    Filer's total
    $0 + $1,551,214 related

  • Christopher G Kalhorn MD

    DIRECTOR

    Total calculated
    $1,246,066
    From this org
    $0
    From related orgs
    $1,205,573
    Other
    $40,493
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,011,210 related
    Bonus
    $0 + $194,363 related
    Other
    $0
    Deferred
    $0 + $19,163 related
    Nontaxable benefits
    $0 + $21,330 related
    Filer's total
    $0 + $1,246,066 related

  • Allen J Taylor MD

    DIRECTOR

    Total calculated
    $827,782
    From this org
    $0
    From related orgs
    $816,915
    Other
    $10,867
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $716,915 related
    Bonus
    $0 + $100,000 related
    Other
    $0
    Deferred
    $0 + $8,700 related
    Nontaxable benefits
    $0 + $2,167 related
    Filer's total
    $0 + $827,782 related

  • Marc N Duber

    DIRECTOR (UNTIL 10/31/22)

    Total calculated
    $0
    Hours/week
    1

  • Anthony J Buzzelli

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • William Couper

    DIRECTOR (UNTIL 10/31/22)

    Total calculated
    $0
    Hours/week
    1

  • Thomas P Joyce Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Vincent J Martorana Dpm

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • John J Degioia PhD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • James A Dorta MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Robert Ourisman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Rev Dr Gwendolyn E Boyd

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Gary H Tabach

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Eben D Finney III

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Gregory S Proctor

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Adaeze Enekwechi PhD Mpp

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Tamla Olivier

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Rosie Allen-Herring

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Susan Nelson

    EVP & CFO

    Total calculated
    $2,085,407
    From this org
    $2,041,939
    From related orgs
    $0
    Other
    $43,468
    Hours/week
    38 + 2 related

    Schedule J breakdown matched by us

    Base
    $957,328
    Bonus
    $1,084,611
    Other
    $0
    Deferred
    $8,700
    Nontaxable benefits
    $34,768
    Filer's total
    $2,085,407

  • Oliver M Johnson II

    EVP

    Total calculated
    $1,904,904
    From this org
    $1,863,212
    From related orgs
    $0
    Other
    $41,692
    Hours/week
    35 + 5 related

    Schedule J breakdown matched by us

    Base
    $921,230
    Bonus
    $941,982
    Other
    $0
    Deferred
    $8,700
    Nontaxable benefits
    $32,992
    Filer's total
    $1,904,904

  • Stephen Evans MD

    EVP

    Total calculated
    $2,560,320
    From this org
    $2,499,820
    From related orgs
    $0
    Other
    $60,500
    Hours/week
    38 + 2 related

    Schedule J breakdown matched by us

    Base
    $1,198,328
    Bonus
    $1,301,492
    Other
    $0
    Deferred
    $20,064
    Nontaxable benefits
    $40,436
    Filer's total
    $2,560,320

  • M Joy Drass MD

    EVP

    Total calculated
    $3,231,458
    From this org
    $3,167,078
    From related orgs
    $0
    Other
    $64,380
    Hours/week
    39 + 1 related

    Schedule J breakdown matched by us

    Base
    $1,477,717
    Bonus
    $1,689,361
    Other
    $0
    Deferred
    $37,906
    Nontaxable benefits
    $26,474
    Filer's total
    $3,231,458

  • Eric Wagner

    EVP

    Total calculated
    $1,979,814
    From this org
    $1,910,893
    From related orgs
    $0
    Other
    $68,921
    Hours/week
    33 + 7 related

    Schedule J breakdown matched by us

    Base
    $924,688
    Bonus
    $986,205
    Other
    $0
    Deferred
    $33,421
    Nontaxable benefits
    $35,500
    Filer's total
    $1,979,814

  • Loretta Walker

    SVP

    Total calculated
    $1,580,990
    From this org
    $1,541,923
    From related orgs
    $0
    Other
    $39,067
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $726,909
    Bonus
    $815,014
    Other
    $0
    Deferred
    $8,700
    Nontaxable benefits
    $30,367
    Filer's total
    $1,580,990

  • Jeffrey Matton

    SVP

    Total calculated
    $1,375,969
    From this org
    $1,322,648
    From related orgs
    $0
    Other
    $53,321
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $672,796
    Bonus
    $649,852
    Other
    $0
    Deferred
    $20,931
    Nontaxable benefits
    $32,390
    Filer's total
    $1,375,969

  • Scott MacLean

    SVP

    Total calculated
    $1,134,116
    From this org
    $1,087,110
    From related orgs
    $0
    Other
    $47,006
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $601,257
    Bonus
    $485,853
    Other
    $0
    Deferred
    $8,700
    Nontaxable benefits
    $38,306
    Filer's total
    $1,134,116

  • Susan Eckert

    SVP & CHIEF NURSING OFFICER

    Total calculated
    $1,075,200
    From this org
    $1,022,960
    From related orgs
    $0
    Other
    $52,240
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $529,865
    Bonus
    $493,095
    Other
    $0
    Deferred
    $37,601
    Nontaxable benefits
    $14,639
    Filer's total
    $1,075,200

  • John Lock

    SVP & CDTO

    Total calculated
    $1,047,025
    From this org
    $1,006,737
    From related orgs
    $0
    Other
    $40,288
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $535,147
    Bonus
    $471,590
    Other
    $0
    Deferred
    $8,700
    Nontaxable benefits
    $31,588
    Filer's total
    $1,047,025

  • Michael J Curran

    FORMER EVP & CAO

    Total calculated
    $703,740
    From this org
    $674,083
    From related orgs
    $0
    Other
    $29,657
    Hours/week
    39 + 1 related

    Schedule J breakdown matched by us

    Base
    $341,975
    Bonus
    $332,108
    Other
    $0
    Deferred
    $14,359
    Nontaxable benefits
    $15,298
    Filer's total
    $703,740

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
SOCIAL CLUB DUES THE ORGANIZATION PAID SOCIAL CLUB DUES FOR ONE OF ITS OFFICERS DURING THIS YEAR. PARTICIPATION IN THESE ACTIVITIES BY THE OFFICER WAS FOR BUSINESS PURPOSES, AND HELPED THE ORGANIZATION FURTHER ITS EXEMPT PURPOSES. FOR THIS INDIVIDUAL, MEDSTAR HEALTH PROVIDED THEM A GROSSED-UP ANNUAL EXECUTIVE BENEFIT ALLOCATION FOR SOCIAL CLUB DUES.
SCHEDULE J, PART III
MR. SAMET'S OTHER REPORTABLE COMPENSATION IN PART II, COLUMN (B)(III) INCLUDES A CASH LUMP-SUM PAYMENT OF $79,000, WHICH REPRESENTS THE ANNUAL PREMIUM FOR A SPLIT DOLLAR LIFE INSURANCE POLICY.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

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

  • MEDSTAR SPORTSHEALTH LLC

    HEALTHCARE · MD · income $0 · assets $0

    Directly controlled by MEDSTHEALTH

  • MEDSTAR LLC

    SUPPORT ORG · MD · income $0 · assets $0

    Directly controlled by MEDSTHEALTH

  • MEDSTAR SOUTHERN MD MANAGEMENT LLC

    SUPPORT ORG · MD · income $0 · assets $0

    Directly controlled by MEDSTHEALTH

Related partnerships

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

  • MEDSTAR SHAH MSO LLC

    N/A · MGMT SVCS · MD

  • 22590 SHADY COURT LLC

    N/A · REAL ESTATE · MD

  • 24035 THREE NOTCH ROAD LLC

    N/A · REAL ESTATE · MD

  • 37767 MARKET DRIVE LLC

    N/A · REAL ESTATE · MD

  • 26840 POINT LOOKOUT ROAD LLC

    N/A · REAL ESTATE · MD

  • MONTGOMERY COMMUNITY MRI LP

    N/A · MRI SCREENING · MD

  • PHYSIOTHERAPY ASSOCIATES NRH REHAB LLC

    N/A · PHYSIOTHERAPY · PA

  • PHYSICIAN IMAGING OF WASHINGTON HOSPITAL CENTER LLC

    N/A · RADIOLOGY SVC · TN

  • FRANKLIN IMAGING LLC

    N/A · IMAGING · MD

  • 10 ST PATRICK'S DRIVE LLC

    N/A · REAL ESTATE · MD

  • MEDSTAR ENDOSCOPY CTR AT LUTHERVILLELLC

    N/A · SURGERY · MD

  • CAPITAL ENDOSCOPY LLC

    N/A · SURGERY · MD

  • 4240 ALTAMONT PLACE LLC

    N/A · REAL ESTATE · MD

  • MEDSTAR ENDOSCOPY CENTER-SILVER SPRING LLC

    N/A · SURGERY · MD

Related corporations and trusts

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

  • MEDSTAR PHARMACIES INC

    C · DRUG SALES · MD

  • EXTENCARE INC

    C · MEDICAL SVCS · MD

  • HELIX RESOURCES MANAGEMENT INC

    C · ADMIN SVCS · MD

  • HELIXCARE PROPERTIES LLC

    C · MEDICAL SVCS · MD

  • PARKWAY VENTURES INC

    C · HOLDING CO. · MD

  • PHYSICIANS ADMINISTRATIVE SERVICES INC

    C · BILLING SVCS · MD

  • MEDSTAR FAMILY CHOICE INC

    C · MANAGED CARE · MD

  • MEDSTAR ENTERPRISES INC

    C · ADMIN SERVICE · MD

  • SITEL INC

    C · EDUCATIONAL · MD · 100% owned · controlled entity

    Directly controlled by MEDSTAR HEALTH

  • STAR BILLING INC

    C · BILLING SVCS · MD

  • WASHINGTON RISK NETWORK MANAGEMENT INC

    C · MEDICAL SVCS · MD

  • WASHINGTON HOSPITAL CENTER PHYSICIAN HOS

    C · MEDICAL SVCS · MD

  • MEDSTAR PHYSICIAN PARTNERS INC

    C · MEDICAL SVCS · MD

  • FRANKLIN SQUARE DRIVE LAND CONDO ASSOCIA

    C · CONDOMINIUMS · MD

  • MGH DIVERSIFIED SERVICES INC

    C · MEDICAL SVCS · MD

  • ST MARY'S HEALTH ALLIANCE INC

    C · MEDICAL SVCS · MD

  • GREENSPRING FINANCIAL INSURANCE LIMITED

    C · INSURANCE · CJ · 100% owned · controlled entity

    Directly controlled by MEDSTAR HEALTH

  • ST MARY'S CONDO ASSOCIATION

    C · CONDOMINIUMS · MD

  • MEDSTAR HEALTH INC - INVESTMENT FUND I

    C · INVESTMENTS · CJ · 100% owned · controlled entity

    Directly controlled by MEDSTAR HEALTH

  • MEDSTAR HEALTH MASTER RETIREMENT TRUST

    C · INVESTMENTS · CJ

Provenance

Return type
form_990
Tax year
2022
Filed
2 May 2024
IRS schema version
2022v5.0
Source object
202441289349301109

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