Carroll Hospital Center Inc is a 501(c)(3) organization based in Westminster, Maryland, registered in 1990, with $308,927,686 in FY2023 revenue. CharityIndex grades it A, and it directs about 87% of spending to programs.
Revenue (FY2023)
$308.9M
▲ 8.8% vs prior year
Health median: $840K
Expenses (FY2023)
$269.9M
Net assets
$275.8M
Employees
2,084
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 Carroll Hospital Center Inc: 87% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
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 Carroll Hospital Center Inc: 12 mo reserves · +13% margin earns a A on this criterion. See the exact thresholds →
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 Carroll Hospital Center Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
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 Carroll Hospital Center Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Our communities expect and deserve superior medical treatment, compassionate care, and expert guidance in maintaining their health and well-being. (continued in sch o)
Carroll county radiology - providing a full array of radiology services to patients in the carroll county area.
Revenue grew from $229.3M (FY2013) to $308.9M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
12.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$446.5M
Total liabilities
$170.7M
Net assets
$275.8M
Salaries & benefits
$139.0M
52% of expenses
Board members
17
15 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $308,927,686▲8.8% | $269,909,863▲4.1% | $275,790,210▲13.9% | $446,509,501▲11.1% | 990 |
| 2022 | $283,859,283▲1.7% | $259,325,141▲1.5% | $242,096,340▲5.6% | $401,846,506▼3.1% | 990 |
| 2021 | $279,141,072▲1.9% | $255,461,486▲6.2% | $229,267,583▼9.5% | $414,506,635▼10.7% | 990 |
| 2020 | $273,841,302▲10.4% | $240,653,386▲8.3% | $253,239,528▲56.8% | $464,037,898▲18.8% | 990 |
| 2019 | $247,994,150▲0.9% | $222,251,996▲0.4% | $161,550,842▲16.5% | $390,701,607▲17.8% | 990 |
| 2018 | $245,791,919▼1.2% | $221,346,422▲3.2% | $138,688,945▲13.4% | $331,607,890▲4.1% | 990 |
| 2017 | $248,810,613▲11.1% | $214,403,713▲8.2% | $122,309,581▼30.6% | $318,476,790▼16.2% | 990 |
| 2016 | $223,990,928▼5.8% | $198,187,748▼8.6% | $176,191,099▲23.9% | $380,009,433▲10.4% | 990 |
| 2015 | $237,711,153▲2.3% | $216,852,165▼1.9% | $142,240,633▼13.0% | $344,219,494▼2.5% | 990 |
| 2014 | $232,360,227▲1.3% | $221,145,222▲4.5% | $163,418,028▲9.5% | $352,894,518▼4.6% | 990 |
| 2013 | $229,279,921 | $211,614,656▲0.8% | $149,196,826▲8.9% | $369,751,968▲1.5% | 990 |
| 2012 | — | $210,034,725▼1.9% | $136,963,606▲30.8% | $364,271,504▲7.7% | 990 |
| 2011 | — | $214,206,299▲13.0% | $104,680,055▼11.8% | $338,128,205▲7.7% | 990 |
| 2010 | — | $189,498,643▼4.2% | $118,675,131▲26.0% | $313,981,970▲4.3% | 990 |
| 2009 | — | $197,740,869 | $94,154,758 | $300,967,431 | 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.
Highest-paid: David Perry — $760,575 (0.28% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| David Perry | Chief Radiation Oncology | 40 | $760,575 |
| Garrett W Hoover | Director/president/coo of Chc | 40 | $736,748 |
| Qiwei Gai Md | Physician | 40 | $713,719 |
| Sajjad Haider | Physician | 40 | $691,673 |
| Mark D Olszyk | Chief Medical Officer/vp | 40 | $673,976 |
| Michael Myers | Cfo Chc | 40 | $452,933 |
| Jed S Rosen Md | Director | 0 | $429,709 |
| Cris Coleman | Vp Fin Carroll, Cfo Levindale | 0 | $331,148 |
| Sharon L Mcclernan | Vp of Clinical Integration | 40 | $296,733 |
| Leigh Chapman | Cno, Vp Patient Care Svcs | 40 | $268,684 |
| Timothy Wu | Director of Pharmacy | 40 | $241,263 |
| Alec Yeo | Immediate Past Chair | 1 | — |
| Alex Myers | Director/fdn Board Chair | 1 | — |
| Christopher Grove Md | Director/president Med. Staff | 1 | — |
| Damian Halstad | Director | 1 | — |
| David Krajewski | Assistant Treasurer | 1 | — |
| David S Bollinger | Director | 1 | — |
| Deborah Seidel | Vice Chair | 1 | — |
| Drewry White Md | Director | 1 | — |
| Edgar Casner | Vp Supply Chain (as of 4/23) | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Qualivis LLC | Agency Nurses | $5,047,144 |
| Emergency Medicine Associates | Physician Services | $3,354,346 |
| Carroll Co Anesthesia Assoc PA | Anesthesia Services | $2,620,000 |
| Obhg Maryland PC | Physician Services | $2,101,849 |
| Lifebridge Sports Medicine Rehab | Physicial Therapy | $1,666,667 |
6 grants to Carroll Hospital Center Inc totaling $72K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2024 | $14,300 |
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2023 | $14,300 |
| Donor Advised Charitable Giving | Health | 2023 | $10,000 |
| T Rowe Price Program For Charitable Giving Inc | Special project | 2022 | $14,300 |
| T Rowe Price Program For Charitable Giving Inc | Special project | 2021 | $14,300 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2018 | $5,000 |
2 grants totaling $1.3M in FY2023. All grants made by Carroll Hospital Center Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Access Carroll Inc | See part iv | $1,067,850 |
| Partnership For A Healthier Carroll County Inc | See part iv | $214,488 |
Explore more
Data for Carroll Hospital Center Inc (EIN 52-1452024) 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.