Beebe Medical Center Inc
86% goes to programs $0 to raise $100 Strong reserves Growing revenue
Beebe Medical Center Inc is a 501(c)(3) organization based in Lewes, Delaware, registered in 1938, with $634,908,513 in FY2023 revenue. CharityIndex grades it A, and it directs about 86% of spending to programs.
424 Savannah Rd, Lewes, DE, 19958 EIN 51-0067938 Since 1938
Revenue (FY2023)
$634.9M
▲ 6.2% vs prior year
Health median: $840K
Expenses (FY2023)
$583.7M
Net assets
$394.1M
Employees
3,123
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating86% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Beebe Medical Center Inc: 86% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating8 mo reserves · +8% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Beebe Medical Center Inc: 8 mo reserves · +8% margin earns a A on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Beebe Medical Center Inc: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Beebe Medical Center Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
The medical center in lewes is a 210-licensed-bed, not-for-profit seaside community hospital.
What they do
Beebe home health (bhha) program covers eastern sussex county. in 2024, bhha admitted 3,690 new patients and there were a total of 52,550 visits during the year.
The margaret d rollins school of nursing continues to be fully certified. the school had a total of 44 students enrolled in fy24, 22 seniors and 22 first year students.
Contact & location
- Address
- 424 Savannah Rd, Lewes, DE, 19958
- City
- Lewes
- State
- Delaware
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $307.7M (FY2013) to $634.9M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $329.8MNet assets $394.1M
Operating margin
8.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$723.8M
Total liabilities
$329.8M
Net assets
$394.1M
Salaries & benefits
$244.4M
42% of expenses
Board members
16
4 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $634,908,513▲6.2% | $583,669,726▲1.8% | $394,050,585▲11.5% | $723,804,718▲3.3% | 990 |
| 2022 | $597,678,771▲5.8% | $573,348,251▲17.5% | $353,454,594 | $700,625,404▼1.7% | 990 |
| 2021 | $565,095,604▲14.8% | $488,143,908▲12.1% | $353,491,067▲14.2% | $712,823,294▼4.6% | 990 |
| 2020 | $492,405,788▲8.3% | $435,499,148▲7.6% | $309,481,637▲26.9% | $746,962,712▲7.4% | 990 |
| 2019 | $454,492,780▲5.5% | $404,747,628▲5.6% | $243,888,039▼3.2% | $695,597,598▲15.5% | 990 |
| 2018 | $430,653,370▲5.1% | $383,265,105▲4.1% | $252,056,374▲9.2% | $602,362,321▲53.5% | 990 |
| 2017 | $409,897,456▲2.7% | $368,227,689▲5.2% | $230,825,254▲31.2% | $392,408,956▲6.2% | 990 |
| 2016 | $399,115,659▲6.9% | $350,095,581▲5.8% | $175,991,924▲27.5% | $369,653,033▲6.5% | 990 |
| 2015 | $373,430,527▲11.6% | $331,000,924▲10.5% | $138,033,369▲0.9% | $347,220,841▲5.5% | 990 |
| 2014 | $334,674,790▲8.8% | $299,559,992▲7.2% | $136,823,923▼0.4% | $329,129,588▲5.9% | 990 |
| 2013 | $307,698,279 | $279,365,553▲7.8% | $137,363,042▲6.8% | $310,938,592▲7.3% | 990 |
| 2012 | — | $259,207,063▼3.5% | $128,562,604▲23.0% | $289,905,643▼26.8% | 990 |
| 2011 | — | $268,512,478▲6.8% | $104,509,484▼13.2% | $396,099,307▲38.8% | 990 |
| 2010 | — | $251,532,208▲2.9% | $120,405,580▲10.7% | $285,289,708▲6.1% | 990 |
| 2009 | — | $244,349,621 | $108,719,746 | $268,794,364 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: David A Tam Md — $1,158,498 (0.20% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| David A Tam Md | Secretary/ceo | 41 | $1,158,498 |
| Paul Sierzenski | Sr. Vp System Chf. Physician Exec. | 40 | $783,630 |
| Nisarg Desai | Physician | 40 | $759,698 |
| Srujitha Murukutla | Physician | 40 | $754,112 |
| Richard Schaffner | Exec Vp/coo (thru August 2023) | 40 | $633,893 |
| William Chasanov | Director/vp and Chief Population Hlth Off. | 40 | $545,170 |
| Paul J Pernice | Vp Finance Cfo (thru July 2023) | 40 | $467,326 |
| Bruce Leshine | Vp and Chief Legal Officer | 40 | $419,718 |
| Ashley Foster | Sr Vp and Chief People Officer | 40 | $394,470 |
| Katherine Bechtold | Chief Nursing Off. (thru Jan 2024) | 40 | $366,447 |
| Michael Maksymow | Vp and Chief Information Officer | 40 | $349,954 |
| Karine Karapetyan | Physician | 40 | $310,133 |
| Catherine Halen | Former Vp Human Resources | 40 | $309,582 |
| Diane Taylor | Vp Chief Strategic Planning-bus Dev Officer | 40 | $268,355 |
| Loretta Ostroski | Vp Ip Nursing and Emergency Services | 40 | $262,896 |
| Susan Lacomba Thru Oct 2023 | Vp of Perioperative Services | 40 | $257,824 |
| Marcy Jack | Vp and Chief Quality Officer | 40 | $257,118 |
| Thomas Stanley | Chief Oncology Physicist | 40 | $254,352 |
| Christina Deidesheimer | Vp Comm & Outreach, Chf Comms Offr | 40 | $235,503 |
| Thomas Trobiano | Executive Dir., Cardiovascular Svcs. | 40 | $226,274 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Medical Solutions 1010 N 102 Street | Nursing Contract Labor | $14,041,978 |
| Delaware Anesthesia Associates | Anesthesia Services | $6,844,700 |
| Willow Construction LLC | General Contractor | $4,776,925 |
| Weatherby Locums | Contract Labor | $4,422,752 |
| Disabatino Construction Comp | General Contractor | $4,018,452 |
Grants received · $444K total
11 grants to Beebe Medical Center Inc totaling $444K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Delaware Electric Cooperative Inc | Charitable | 2024 | $50,000 |
| Ayco Charitable Foundation | Medical / public services | 2024 | $10,000 |
| Ayco Charitable Foundation | Medical / public services | 2023 | $10,100 |
| Delaware Electric Cooperative Inc | Charitable | 2022 | $50,000 |
| Ayco Charitable Foundation | Medical / public services | 2022 | $12,000 |
| Delaware Electric Cooperative Inc | Charitable | 2021 | $50,000 |
| Delaware Electric Cooperative Inc | Charitable | 2021 | $50,000 |
| Delaware Electric Cooperative Inc | Charitable | 2020 | $50,000 |
| Delaware Electric Cooperative Inc | Charitable | 2019 | $50,000 |
| Delaware Electric Cooperative Inc | Charitable | 2018 | $100,000 |
| Patient Access Network Foundation | Patient assistance | 2014 | $11,702 |
Grants made · $1.5M in FY2023
1 grant totaling $1.5M in FY2023. All grants made by Beebe Medical Center Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Beebe Medical Foundation | General support | $1,544,193 |
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Frequently asked questions
- Is Beebe Medical Center Inc a legitimate nonprofit?
- Yes. Beebe Medical Center Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 51-0067938, based in Lewes, Delaware. Donations are tax-deductible.
- What is Beebe Medical Center Inc's EIN?
- Beebe Medical Center Inc's Employer Identification Number (EIN) is 51-0067938.
- How much revenue does Beebe Medical Center Inc report?
- Beebe Medical Center Inc reported $634,908,513 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Beebe Medical Center Inc's spending goes to programs?
- Beebe Medical Center Inc spends about 86% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Beebe Medical Center Inc have?
- CharityIndex grades Beebe Medical Center Inc A, based on program efficiency and fundraising cost.
- How much does Beebe Medical Center Inc's highest-paid employee make?
- The highest reported compensation on Beebe Medical Center Inc's latest Form 990 is $1,158,498, paid to David A Tam Md (Secretary/ceo).
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Data for Beebe Medical Center Inc (EIN 51-0067938) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.