Grace Medical Center Inc is a 501(c)(3) organization based in Owings Mills, Maryland, registered in 1946, with $9,218,035 in FY2023 revenue. CharityIndex grades it C, and it directs about 63% of spending to programs.
Revenue (FY2023)
$9.2M
▼ 14.4% vs prior year
Health median: $840K
Expenses (FY2023)
$25.1M
Net assets
$23.0M
Employees
192
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Grace Medical Center Inc: 63% to programs · $0 to raise $100 earns a B 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 Grace Medical Center Inc: 11 mo reserves · -172% margin earns a F 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 Grace Medical 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 Grace Medical Center Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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To provide quality compassionate health care and community-based services that seek to improve the health of the community.
Revenue declined from $130.6M (FY2013) to $9.2M (FY2023) across 10 reported years.
Financial snapshot
Operating margin
-172.2%
Spent more than it raised in the latest fiscal year.
Total assets
$86.1M
Total liabilities
$63.1M
Net assets
$23.0M
Salaries & benefits
$14.0M
56% of expenses
Board members
5
4 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $9,218,035▼14.4% | $25,095,099▼1.6% | $22,975,342▲540% | $86,099,037▼0.1% | 990 |
| 2022 | $10,772,195▼53.7% | $25,508,694▼25.2% | -$5,222,316▼132% | $86,148,072▼19.3% | 990 |
| 2021 | $23,241,096▼33.4% | $34,088,407▼46.0% | $16,416,979▲48.6% | $106,741,883▼3.1% | 990 |
| 2020 | $34,877,165▼68.9% | $63,150,270▼46.9% | $11,050,535▲112% | $110,112,234▲76.8% | 990 |
| 2018 | $112,238,118▼1.6% | $118,823,672▲3.4% | -$93,929,324▼18.2% | $62,267,560▼7.5% | 990 |
| 2017 | $114,097,721▼0.7% | $114,895,346▼2.7% | -$79,471,338▲6.9% | $67,294,406▼1.8% | 990 |
| 2016 | $114,941,824▼4.7% | $118,039,998▼3.0% | -$85,378,671▲2.5% | $68,505,669▲4.0% | 990 |
| 2015 | $120,658,280▼6.0% | $121,687,754▲2.7% | -$87,606,903▼12.9% | $65,899,696▼6.0% | 990 |
| 2014 | $128,426,583▼1.7% | $118,507,500▼7.1% | -$77,616,928▲5.7% | $70,127,016▼6.5% | 990 |
| 2013 | $130,581,766 | $127,625,390▼7.4% | -$82,268,004▲2.8% | $75,014,730▲5.4% | 990 |
| 2012 | — | $137,855,924▼0.3% | -$84,672,975▲0.4% | $71,145,793▼1.6% | 990 |
| 2011 | — | $138,281,385▲0.9% | -$85,007,945▼43.6% | $72,332,787▼12.9% | 990 |
| 2010 | — | $137,114,938▲0.7% | -$59,216,072▲10.3% | $83,049,970▲8.8% | 990 |
| 2009 | — | $136,202,858 | -$65,995,383 | $76,327,534 | 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: Michelle Berkley-brown — $260,928 (1.04% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Michelle Berkley-brown | Avp Operations | 40 | $260,928 |
| Yasmeen Ahmed Md | Physician | 40 | $248,984 |
| Terry Brown | Director Ops & Monitoring | 40 | $180,265 |
| Theodora Balis Md | Primary Care Physician | 40 | $177,930 |
| Renee Robinson | Director Clinical Informatics | 40 | $173,475 |
| Arsalan Sheikhmd Thru 523 | Chief Medical Officer | 40 | $122,005 |
| Amy Schlossman | President (as 0f 7/23) | 40 | — |
| Daniel Blum Thru 223 | Gmc Pres, Svp Lbh/ Pres Shb | 1 | — |
| David Krajewski | Ex Officio-assistant Treasurer | 40 | — |
| Dennis Weinman | Vice Chair/secretary/treasurer | 1 | — |
| Dr Matthew Poffenroth Md | Vice President, Lbh Cpe | 1 | — |
| Jason Weiner | Ex Officio-assistant Secretary | 40 | — |
| Jonathan Davidov | Chair | 1 | — |
| Leslie Simmons Thru 723 | Coo,lbh,interim Pres. Shb&gmc | 1 | — |
| Michael Gaines Sr | Director | 1 | — |
| Neil M Meltzer | Director/lbh President/ceo | 1 | — |
| Rebecca Altman Thru 1023 | Vice President, Lbh Vp | 1 | — |
| Venroy July | Director | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Johnson Controls | Equip. Maintenance | $702,607 |
| Medhelp Inc | Billing Services | $331,781 |
| Allied Universal | Protection Services | $260,935 |
| Qualivis LLC | Agency Nurses | $171,597 |
| Cove Electric Inc | Contracted Services | $144,506 |
2 grants to Grace Medical Center Inc totaling $246K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Bon Secours Mercy Health Inc | Employee hardship assistance: operation bash | 2016 | $1,250 |
| Bon Secours Mercy Health Inc | Lease buyouts | 2015 | $245,050 |
4 grants totaling $43K in FY2018. All grants made by Grace Medical Center Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Cristo Rey Corporate Internship Program Inc | General support | $22,500 |
| The United Way of Central Maryland Inc | General support | $10,000 |
| American Diabetes Association Inc | General support | $5,000 |
| Archdiocese of Baltimore Chancery Inc | General support | $5,000 |
Explore more
Data for Grace Medical Center Inc (EIN 52-0591555) 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.