Grmc Inc
79% goes to programs $0 to raise $100 Strong reserves
Grmc Inc is a 501(c)(3) organization based in Oakland, Maryland, registered in 2022, with $86,485,707 in FY2024 revenue. CharityIndex grades it A, and it directs about 79% of spending to programs.
251 N 4th St, Oakland, MD, 21550 EIN 87-1846814 Since 2022
Revenue (FY2024)
$86.5M
▲ 7.1% vs prior year
Health median: $840K
Expenses (FY2024)
$68.6M
Net assets
$52.3M
Employees
515
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
BProgram efficiency40% of the rating79% 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 Grmc Inc: 79% to programs · $0 to raise $100 earns a B on this criterion. See the exact thresholds →
AFinancial health25% of the rating9 mo reserves · +21% 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 Grmc Inc: 9 mo reserves · +21% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 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 Grmc Inc: 6 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 Grmc 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.
Mission
To operate a hospital for the reception and treatment of sick or injured persons of all kinds, to engage in the business of receiving, attending to, nursing, and giving proper nourishment to afflicted or injured persons.
What they do
Our medical oncologists specialize in the management of cancer and use a variety of medicines to attack cancer cells, including chemotherapy, immunotherapy, hormonal therapy, and biological and targeted therapy. some of these medications can be given by vein intravenously or can be pills. the treatments can be given alone or with radiation therapy and/or surgery. since cancer is different for everyone, the oncologist team helps design the most appropriate treatment plan for individuals, depending on the cancer type and the cancer stage. in 2024, the oncology team treated 2,324 patients.
Our advanced surgical care is delivered in a supportive environment. no matter what type of surgery you need, we offer advanced technologies and the expertise of a surgical team that treats conditions affecting patients of every age. our multidisciplinary surgical team of surgeons, nurses, and other medical professionals uses cutting-edge surgical procedures, including endoscopic and laparoscopic approaches, whenever possible as well as minimally invasive methods with fewer and smaller incisions, less pain, and a faster recovery. the surgery team treated 8,409 patients in 2024.
Contact & location
- Address
- 251 N 4th St, Oakland, MD, 21550
- City
- Oakland
- State
- Maryland
- Category
- Health Care
- Subcategory
- Hospitals
- Website
- …
Financial trends
Revenue grew from $34.7M (FY2022) to $86.5M (FY2024) across 3 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $27.0MNet assets $52.3M
Operating margin
20.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$79.4M
Total liabilities
$27.0M
Net assets
$52.3M
Salaries & benefits
$35.0M
51% of expenses
Board members
12
11 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $86,485,707▲7.1% | $68,649,498▲15.0% | $52,328,897▲13.7% | $79,378,149▲3.8% | 990 |
| 2023 | $80,729,147▲133% | $59,713,312▲94.6% | $46,040,379▲50.9% | $76,472,147▲25.4% | 990 |
| 2022 | $34,719,223 | $30,678,198 | $30,509,736 | $61,003,853 | 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 (FY2024)
Highest-paid: Charles Walch Md — $534,507 (0.78% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Charles Walch Md | Surgeon | 40 | $534,507 |
| Paul Miller Do | Physician | 40 | $520,771 |
| Randy Engleman Do | Physician | 40 | $516,626 |
| Lana Rike Do | Anesthesiologist | 40 | $453,564 |
| James Henderson Md | Anesthesiologist | 40 | $428,564 |
| Marjorie Fridkin Md | Chief Medical Officer | 24 | $306,107 |
| Mark Boucot | President Ceo | 24 | $268,850 |
| Amy Boothe | Vp Operations Finance | 24 | $160,976 |
| Kendra Thayer | Chief Nursing Officer | 24 | $151,078 |
| Henrietta Lease | Director | 1 | — |
| James Venturella | Director, Wvuhs Chief Information Officer | 1 | — |
| Kathy Shaffer | Director, January - May 2024 | 1 | — |
| Keith Sanders | Director | 1 | — |
| Laura Fike | Director | 1 | — |
| Linda Fike | Director | 1 | — |
| Margaret Jamison | Director Starting 07/01/24 | 1 | — |
| Mary Alice Simpson | Director | 1 | — |
| Patricia Manown Mash | Secretary | 1 | — |
| Shane Grady | Chairperson | 1 | — |
| Stanley Lambert Md | Director | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Medical Solutions LLC | Staffing / Professional Services | $1,230,532 |
| Vesper Medical Transport of Maryland | Med Transport Services | $498,001 |
| Kezlo Group LLC | Building Improvements | $197,020 |
| Alliance Healthcare Services Inc | Staffing / Professional Services | $147,160 |
| Red Barn Linen and Laundry LLC | Linen Services | $134,062 |
Grants received · $90K total
3 grants to Grmc Inc totaling $90K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $50,000 |
| Donor Advised Charitable Giving | Health | 2022 | $30,000 |
| American Endowment Foundation | General operating support | 2022 | $10,000 |
Similar organizations in Health
Health
Levindale Hebrew Geriatric Ctr & Hospital Inc
Baltimore, MD
$85.9M
Aannual revenue
Health
Upper Chesapeake Medical Services Inc
Bel Air, MD
$89.0M
Bannual revenue
Health
Hebrew Home of Greater Washington Inc
Rockville, MD
$82.7M
Aannual revenue
Health
Qlarant Integrity Solutions LLC
Easton, MD
$92.4M
B+annual revenue
Health
Infinite Legacy Inc
Baltimore, MD
$79.6M
Cannual revenue
Health
Adventist Rehabilitation Hospital of Maryland Inc
Gaithersburg, MD
$74.8M
C+annual revenue
- Health
Maryland Emergency Medicine Network
Baltimore, MD
$74.8M
B+annual revenue
Health
Mt Washington Pediatric Hospital Inc
Baltimore, MD
$72.9M
Aannual revenue
Health
Naf Hotline Fund
Annapolis Jct, MD
$69.8M
Aannual revenue
Health
Total Health Care Inc
Baltimore, MD
$64.5M
Aannual revenue
Compare Grmc Inc
Frequently asked questions
- Is Grmc Inc a legitimate nonprofit?
- Yes. Grmc Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 87-1846814, based in Oakland, Maryland. Donations are tax-deductible.
- What is Grmc Inc's EIN?
- Grmc Inc's Employer Identification Number (EIN) is 87-1846814.
- How much revenue does Grmc Inc report?
- Grmc Inc reported $86,485,707 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Grmc Inc's spending goes to programs?
- Grmc Inc spends about 79% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Grmc Inc have?
- CharityIndex grades Grmc Inc A, based on program efficiency and fundraising cost.
- How much does Grmc Inc's highest-paid employee make?
- The highest reported compensation on Grmc Inc's latest Form 990 is $534,507, paid to Charles Walch Md (Surgeon).
More nonprofits in Oakland
Explore more
Data for Grmc Inc (EIN 87-1846814) 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.