Skip to content
Nonprofiteer
← UNIVERSITY OF MARYLAND FACULTY PHYSICIANS INC

Form 990 for tax year 2023

Filed by UNIVERSITY OF MARYLAND FACULTY PHYSICIANS INC.

Totals

Total revenue
$120,673,414
Total expenses
$103,462,983
Contributions and grants received
$0
Grants paid
$9,633
Program service revenue
$102,103,258
Investment income
$3,251,506
Other revenue
$15,318,650
Total assets, end of year
$374,641,556
Total liabilities, end of year
$220,985,933
Net assets or fund balances, end of year
$153,655,623
Program services expenses (Part IX)
$90,559,720
Management and general expenses
$12,903,263
Fundraising expenses
$0
Program service expenses (Part III)
$90,559,720

Program services were 87.5% 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.

  • 2a · Program service revenue: FEES AND ASSESSMENTS

    total $39,695,178 · related or exempt $39,695,178

  • 2b · Program service revenue: DEVELOPMENT FUND

    total $18,917,409 · related or exempt $18,917,409

  • 2c · Program service revenue: OTHER INCOME

    total $18,123,200 · related or exempt $18,123,200

  • 2d · Program service revenue: CONTRACT MEDICAL SERVICE REVENUE

    total $16,729,989 · related or exempt $16,729,989

  • 2e · Program service revenue: RENTAL INCOME FROM AFFILIATED EXEMPT

    total $8,346,551 · related or exempt $8,346,551

  • 2f · All other program service revenue

    total $290,931 · related or exempt $290,931

  • 3 · Investment income

    total $2,921,685 · excluded $2,921,685

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    securities $329,821

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

    securities $0

  • 7c · Gain or loss

    securities $329,821

  • 7d · Net gain or loss

    total $329,821 · excluded $329,821

  • 8a · Fundraising events: gross income

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: GAIN FROM JOINT VENTURES

    total $15,318,650 · excluded $15,318,650

  • 11e · Other revenue, total

    $15,318,650

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $9,633 · program services $9,633

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $3,483,892 · management and general $3,483,892

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $31,323,632 · program services $28,727,068 · management and general $2,596,564

  • 8 · Pension plan contributions

    total $1,519,825 · program services $1,493,057 · management and general $26,768

  • 9 · Other employee benefits

    total $5,992,931 · program services $5,152,764 · management and general $840,167

  • 10 · Payroll taxes

    total $2,206,504 · program services $1,845,476 · management and general $361,028

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $234,238 · management and general $234,238

  • 11c · Fees: accounting

    total $72,092 · management and general $72,092

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $163,018 · program services $130,414 · management and general $32,604

  • 11g · Fees: other

    total $7,584,473 · program services $5,516,563 · management and general $2,067,910

  • 12 · Advertising and promotion

    total $526,895 · program services $421,516 · management and general $105,379

  • 13 · Office expenses

    total $2,061,940 · program services $1,646,674 · management and general $415,266

  • 14 · Information technology

    total $411,255 · program services $329,004 · management and general $82,251

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $8,526,235 · program services $6,764,622 · management and general $1,761,613

  • 17 · Travel

    total $18,880 · program services $15,104 · management and general $3,776

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $50,485 · program services $40,388 · management and general $10,097

  • 20 · Interest

    total $234,121 · program services $187,297 · management and general $46,824

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $1,908,893 · program services $1,527,114 · management and general $381,779

  • 23 · Insurance

    total $15,689 · management and general $15,689

  • 24a · Other expenses: DEPARTMENT DEVELOPMENT

    total $18,917,409 · program services $18,917,409

  • 24b · Other expenses: CONTRACT MEDICAL SERVICE

    total $17,524,451 · program services $17,524,451

  • 24c · Other expenses: GENERAL AND ADMINISTRATION

    total $676,492 · program services $311,166 · management and general $365,326

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,387,783 · end of year $1,706,583

  • 2 · Savings and temporary cash investments

    beginning of year $36,534,412 · end of year $40,414,756

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $5,555,667 · end of year $9,827,275

  • 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

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $967,577 · end of year $1,075,464

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

    $45,793,874

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

    $29,607,253

  • 10c · Land, buildings and equipment, net

    beginning of year $18,968,362 · end of year $16,186,621

  • 11 · Investments: publicly traded securities

    beginning of year $17,135,345 · end of year $20,997,176

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $3,200,718 · end of year $3,695,608

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $239,760,761 · end of year $280,738,073

  • 17 · Accounts payable and accrued expenses

    beginning of year $15,692,233 · end of year $17,938,841

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $626,272 · end of year $367,403

  • 20 · Tax-exempt bond liabilities

    beginning of year $6,932,218 · end of year $6,117,256

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $165,263,230 · end of year $196,562,433

  • 27 · Net assets without donor restrictions

    beginning of year $134,996,672 · end of year $153,655,623

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2023

Mission

UNDER THE MEDICAL SERVICE PLAN OF THE UNIVERSITY OF MARYLAND, SCHOOL OF MEDICINE, ADMINISTRATIVE SUPPORT SERVICES ARE PROVIDED TO THE PHYSICIAN PRACTICES OF THE UNIVERSITY OF MARYLAND, INCLUDING BUT NOT LIMITED TO INFORMATION TECHNOLOGY, FINANCE, HUMAN RESOURCES, CONTRACTING, LEGAL AND BUSINESS SERVICES. THESE SERVICES ALLOW THE PHYSICIAN PRACTICES TO DELIVER HEALTHCARE TO THE GENERAL PUBLIC WITHOUT REGARD TO THE PATIENT'S ABILITY TO PAY FOR SERVICES ON BEHALF OF THE SCHOOL OF MEDICINE.

Activities or mission (Part I)

SEE SCHEDULE O

  • UNDER THE MEDICAL SERVICE PLAN OF THE UNIVERSITY OF MARYLAND, SCHOOL OF MEDICINE, ADMINISTRATIVE SUPPORT SERVICES ARE PROVIDED TO THE PHYSICIAN PRACTICES OF THE UNIVERSITY OF MARYLAND, INCLUDING BUT NOT LIMITED TO INFORMATION TECHNOLOGY, FINANCE, HUMAN RESOURCES, CONTRACTING, LEGAL AND BUSINESS SERVICES. THESE SERVICES ALLOW THE PHYSICIAN PRACTICES TO DELIVER HEALTHCARE TO THE GENERAL PUBLIC WITHOUT REGARD TO THE PATIENT'S ABILITY TO PAY FOR SERVICES ON BEHALF OF THE SCHOOL OF MEDICINE.

    Expenses $90,559,720 · Revenue $102,103,258

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • William F Regine MD

    TRUSTEE & PRESIDENT

    Total calculated
    $931,409
    From this org
    $149,319
    From related orgs
    $688,526
    Other
    $93,564
    Hours/week
    12 + 40 related

    Schedule J breakdown matched by us

    Base
    $149,319 + $622,956 related
    Bonus
    $0 + $49,000 related
    Other
    $0 + $16,570 related
    Deferred
    $7,250 + $76,250 related
    Nontaxable benefits
    $542 + $9,522 related
    Filer's total
    $157,111 + $774,298 related

  • Graeme Woodworth MD

    TRUSTEE

    Total calculated
    $800,881
    From this org
    $0
    From related orgs
    $771,389
    Other
    $29,492
    Hours/week
    1 + 20 related

    Schedule J breakdown matched by us

    Base
    $0 + $571,199 related
    Bonus
    $0 + $200,190 related
    Other
    $0
    Deferred
    $0 + $22,317 related
    Nontaxable benefits
    $0 + $7,175 related
    Filer's total
    $0 + $800,881 related

  • Brian J Browne MD

    SECRETARY/TREASURER

    Total calculated
    $694,934
    From this org
    $0
    From related orgs
    $665,434
    Other
    $29,500
    Hours/week
    1 + 34 related

    Schedule J breakdown matched by us

    Base
    $0 + $511,784 related
    Bonus
    $0 + $153,650 related
    Other
    $0
    Deferred
    $0 + $22,145 related
    Nontaxable benefits
    $0 + $7,355 related
    Filer's total
    $0 + $694,934 related

  • Steven J Czinn MD

    TRUSTEE

    Total calculated
    $628,555
    From this org
    $0
    From related orgs
    $590,036
    Other
    $38,519
    Hours/week
    1 + 28 related

    Schedule J breakdown matched by us

    Base
    $0 + $426,586 related
    Bonus
    $0 + $163,450 related
    Other
    $0
    Deferred
    $0 + $31,119 related
    Nontaxable benefits
    $0 + $7,400 related
    Filer's total
    $0 + $628,555 related

  • Christine L Lau MD

    TRUSTEE

    Total calculated
    $620,797
    From this org
    $0
    From related orgs
    $581,300
    Other
    $39,497
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $418,550 related
    Bonus
    $0 + $162,750 related
    Other
    $0
    Deferred
    $0 + $23,925 related
    Nontaxable benefits
    $0 + $15,572 related
    Filer's total
    $0 + $620,797 related

  • Depriest W Whye MD

    CHIEF EXECUTIVE OFFICER MMCIP

    Total calculated
    $578,250
    From this org
    $518,160
    From related orgs
    $0
    Other
    $60,090
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $430,461
    Bonus
    $87,699
    Other
    $0
    Deferred
    $31,286
    Nontaxable benefits
    $28,804
    Filer's total
    $578,250

  • William D Elliott III

    COO & INTERIM CAO (THRU 01/24)

    Total calculated
    $529,341
    From this org
    $466,898
    From related orgs
    $0
    Other
    $62,443
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $375,288
    Bonus
    $91,610
    Other
    $0
    Deferred
    $30,577
    Nontaxable benefits
    $31,866
    Filer's total
    $529,341

  • Rachel Hoover

    EXECUTIVE VP & CAO

    Total calculated
    $509,350
    From this org
    $464,625
    From related orgs
    $0
    Other
    $44,725
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $329,625
    Bonus
    $135,000
    Other
    $0
    Deferred
    $24,489
    Nontaxable benefits
    $20,236
    Filer's total
    $509,350

  • Peter R Rock MD

    TRUSTEE (THRU 07/23)

    Total calculated
    $420,788
    From this org
    $0
    From related orgs
    $391,790
    Other
    $28,998
    Hours/week
    1 + 2 related

    Schedule J breakdown matched by us

    Base
    $0 + $292,790 related
    Bonus
    $0 + $99,000 related
    Other
    $0
    Deferred
    $0 + $22,113 related
    Nontaxable benefits
    $0 + $6,885 related
    Filer's total
    $0 + $420,788 related

  • Sarah Mechanic

    GEN. COUNSEL & PRIVACY OFFICER

    Total calculated
    $407,301
    From this org
    $361,448
    From related orgs
    $0
    Other
    $45,853
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $285,509
    Bonus
    $75,939
    Other
    $0
    Deferred
    $31,820
    Nontaxable benefits
    $14,033
    Filer's total
    $407,301

  • Carlton McCullough

    CIO

    Total calculated
    $399,940
    From this org
    $344,410
    From related orgs
    $0
    Other
    $55,530
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $273,235
    Bonus
    $71,175
    Other
    $0
    Deferred
    $31,384
    Nontaxable benefits
    $24,146
    Filer's total
    $399,940

  • Stephen N Davis Mbbs

    TRUSTEE

    Total calculated
    $398,780
    From this org
    $0
    From related orgs
    $365,075
    Other
    $33,705
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $281,075 related
    Bonus
    $0 + $84,000 related
    Other
    $0
    Deferred
    $0 + $26,305 related
    Nontaxable benefits
    $0 + $7,400 related
    Filer's total
    $0 + $398,780 related

  • Susan D Kinter

    SR VP MMCIP

    Total calculated
    $387,686
    From this org
    $354,397
    From related orgs
    $0
    Other
    $33,289
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $307,782
    Bonus
    $46,615
    Other
    $0
    Deferred
    $31,304
    Nontaxable benefits
    $1,985
    Filer's total
    $387,686

  • Rodney Taylor MD

    TRUSTEE

    Total calculated
    $377,436
    From this org
    $0
    From related orgs
    $346,210
    Other
    $31,226
    Hours/week
    1 + 2 related

    Schedule J breakdown matched by us

    Base
    $0 + $202,824 related
    Bonus
    $0 + $92,000 related
    Other
    $0 + $51,386 related
    Deferred
    $0 + $21,350 related
    Nontaxable benefits
    $0 + $9,876 related
    Filer's total
    $0 + $377,436 related

  • Thomas M Scalea MD

    TRUSTEE

    Total calculated
    $363,601
    From this org
    $0
    From related orgs
    $328,838
    Other
    $34,763
    Hours/week
    1 + 25 related

    Schedule J breakdown matched by us

    Base
    $0 + $328,838 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $22,128 related
    Nontaxable benefits
    $0 + $12,635 related
    Filer's total
    $0 + $363,601 related

  • Jacqueline Farrell

    CFO

    Total calculated
    $347,619
    From this org
    $303,712
    From related orgs
    $0
    Other
    $43,907
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $241,394
    Bonus
    $62,318
    Other
    $0
    Deferred
    $30,177
    Nontaxable benefits
    $13,730
    Filer's total
    $347,619

  • Kirk Marzec

    CHIEF HR OFFICER

    Total calculated
    $339,141
    From this org
    $306,683
    From related orgs
    $0
    Other
    $32,458
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $242,525
    Bonus
    $64,158
    Other
    $0
    Deferred
    $27,692
    Nontaxable benefits
    $4,766
    Filer's total
    $339,141

  • Laurie Timberlake MD

    SR. ADMINISTRATOR

    Total calculated
    $318,637
    From this org
    $263,095
    From related orgs
    $0
    Other
    $55,542
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $228,425
    Bonus
    $34,670
    Other
    $0
    Deferred
    $25,614
    Nontaxable benefits
    $29,928
    Filer's total
    $318,637

  • Yesenia Contreras

    CHIEF COMPLIANCE OFFICER

    Total calculated
    $318,429
    From this org
    $269,983
    From related orgs
    $0
    Other
    $48,446
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $213,852
    Bonus
    $56,131
    Other
    $0
    Deferred
    $24,741
    Nontaxable benefits
    $23,705
    Filer's total
    $318,429

  • Samuel Galvagno MD

    TRUSTEE (FROM 07/23)

    Total calculated
    $307,675
    From this org
    $0
    From related orgs
    $287,419
    Other
    $20,256
    Hours/week
    1 + 20 related

    Schedule J breakdown matched by us

    Base
    $0 + $229,019 related
    Bonus
    $0 + $58,400 related
    Other
    $0
    Deferred
    $0 + $16,198 related
    Nontaxable benefits
    $0 + $4,058 related
    Filer's total
    $0 + $307,675 related

  • David Newton MD

    CLINICAL ADMINISTRATOR

    Total calculated
    $306,119
    From this org
    $277,464
    From related orgs
    $0
    Other
    $28,655
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $249,438
    Bonus
    $28,026
    Other
    $0
    Deferred
    $26,759
    Nontaxable benefits
    $1,896
    Filer's total
    $306,119

  • Robin Barthlow-Busan

    VP MMCIP

    Total calculated
    $289,301
    From this org
    $243,480
    From related orgs
    $0
    Other
    $45,821
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $211,171
    Bonus
    $32,309
    Other
    $0
    Deferred
    $23,403
    Nontaxable benefits
    $22,418
    Filer's total
    $289,301

  • Elias R Melhem MD

    TRUSTEE

    Total calculated
    $213,057
    From this org
    $0
    From related orgs
    $195,089
    Other
    $17,968
    Hours/week
    1 + 15 related

    Schedule J breakdown matched by us

    Base
    $0 + $195,089 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $13,058 related
    Nontaxable benefits
    $0 + $4,910 related
    Filer's total
    $0 + $213,057 related

  • Lisa Schocket MD

    TRUSTEE

    Total calculated
    $200,536
    From this org
    $0
    From related orgs
    $196,658
    Other
    $3,878
    Hours/week
    1 + 10 related

    Schedule J breakdown matched by us

    Base
    $0 + $107,776 related
    Bonus
    $0 + $88,882 related
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $3,878 related
    Filer's total
    $0 + $200,536 related

  • Frank R Henn III MD

    TRUSTEE

    Total calculated
    $198,020
    From this org
    $0
    From related orgs
    $181,095
    Other
    $16,925
    Hours/week
    1 + 20 related

    Schedule J breakdown matched by us

    Base
    $0 + $143,495 related
    Bonus
    $0 + $37,600 related
    Other
    $0
    Deferred
    $0 + $12,867 related
    Nontaxable benefits
    $0 + $4,058 related
    Filer's total
    $0 + $198,020 related

  • Peter Crino MD PhD

    TRUSTEE

    Total calculated
    $173,405
    From this org
    $0
    From related orgs
    $158,551
    Other
    $14,854
    Hours/week
    1 + 4 related

    Schedule J breakdown matched by us

    Base
    $0 + $47,151 related
    Bonus
    $0 + $111,400 related
    Other
    $0
    Deferred
    $0 + $7,697 related
    Nontaxable benefits
    $0 + $7,157 related
    Filer's total
    $0 + $173,405 related

  • Jill A Rachbeisel MD

    TRUSTEE

    Total calculated
    $140,654
    From this org
    $0
    From related orgs
    $126,159
    Other
    $14,495
    Hours/week
    1 + 40 related

  • Kevin Cullen MD

    TRUSTEE (THRU 01/24)

    Total calculated
    $93,130
    From this org
    $0
    From related orgs
    $76,750
    Other
    $16,380
    Hours/week
    1 + 14 related

  • Irina Burd MD

    TRUSTEE

    Total calculated
    $74,155
    From this org
    $0
    From related orgs
    $60,293
    Other
    $13,862
    Hours/week
    1 + 5 related

  • David L Stewart MD

    TRUSTEE

    Total calculated
    $32,344
    From this org
    $0
    From related orgs
    $27,500
    Other
    $4,844
    Hours/week
    1 + 4 related

  • Thomas J Hornyak MD

    TRUSTEE

    Total calculated
    $24,059
    From this org
    $0
    From related orgs
    $19,600
    Other
    $4,459
    Hours/week
    1 + 5 related

    Schedule J breakdown matched by us

    Base
    $0 + $19,600 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $1,421 related
    Nontaxable benefits
    $0 + $3,038 related
    Filer's total
    $0 + $24,059 related

  • Sanford A Stass MD

    TRUSTEE (THRU 01/24)

    Total calculated
    $16,361
    From this org
    $0
    From related orgs
    $9,000
    Other
    $7,361
    Hours/week
    1 + 3 related

  • Paul Staat MD

    TRUSTEE (FROM 02/24)

    Total calculated
    $11,172
    From this org
    $0
    From related orgs
    $8,282
    Other
    $2,890
    Hours/week
    1 + 3 related

  • Jason Rose MD

    TRUSTEE

    Total calculated
    $3,661
    From this org
    $0
    From related orgs
    $0
    Other
    $3,661
    Hours/week
    1 + 10 related

  • Taofeek Owonikoko MD

    TRUSTEE (FROM 01/24)

    Total calculated
    $0
    Hours/week
    1 + 14 related

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

  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments

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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 6:
THE ORGANIZATION HAS VARIABLE COMPENSATION ARRANGEMENTS WHICH TAKE INTO CONSIDERATION REVENUES, NET EARNINGS, AND OTHER OPERATIONAL TARGETS, SOME OF WHICH ARE POSITION SPECIFIC AND OTHERS WHICH ARE ORGANIZATION WIDE.
SCHEDULE J, PART I, LINE 7:
THE ORGANIZATION HAS VARIABLE COMPENSATION ARRANGEMENTS WHICH TAKE INTO CONSIDERATION REVENUES, NET EARNINGS, AND OTHER OPERATIONAL TARGETS, SOME OF WHICH ARE POSITION SPECIFIC AND OTHERS WHICH ARE ORGANIZATION WIDE.

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.

  • UNIV OF MARYLAND MEDICAL ASSOCIATION LLC

    SEE PART VII · MD · income $8,934,761 · assets $1,831,964

    Directly controlled by UMFPI

  • UMFPI GLOBAL LLC

    SEE PART VII · MD · income $526 · assets $10,862

    Directly controlled by UMFPI

Related partnerships

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

  • UNIVERSITY IMAGING CENTER LLC

    RELATED · MEDICAL SVCS · MD · 50% owned · share of income -$103,409 · share of assets $1,221,568

    Directly controlled by NA

  • UNIVERSITYCARE LLC

    RELATED · MEDICAL SVCS · MD · 10% owned · share of income -$331 · share of assets $527,822

    Directly controlled by NA

  • UNIVERSITY OF MARYLAND MEDICINE ASC LLC

    RELATED · MEDICAL SVCS · MD · 31% owned · share of income -$80,081 · share of assets $853,378

    Directly controlled by NA

Related corporations and trusts

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

  • MD MEDICINE COMPREHENSIVE INSURANCE PRGM

    TRUST · SEE PART VII · MD · 50% owned · share of income $10,647,603 · share of assets $108,094,033

    Directly controlled by UMMS

  • TERRAPIN INSURANCE COMPANY

    C CORP · SEE PART VII · CJ · 35.6% owned · share of income $0 · share of assets $975,000

    Directly controlled by na

Provenance

Return type
form_990
Tax year
2023
Filed
15 May 2025
IRS schema version
2023v6.0
Source object
202511359349317861

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.