Mary Washington Healthcare
98% goes to programs $182 to raise $100 Strong reserves Growing revenue
Mary Washington Healthcare is a 501(c)(3) organization based in Fredericksbrg, Virginia, registered in 2004, with $171,804,417 in FY2024 revenue. CharityIndex grades it C, and it directs about 98% of spending to programs.
2300 Fall Hill Ave Ste 416, Fredericksbrg, VA, 22401 EIN 54-1240646 Since 2004
Revenue (FY2024)
$171.8M
▲ 24.4% vs prior year
Health median: $840K
Expenses (FY2024)
$129.3M
Net assets
$624.5M
Employees
737
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
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 →FProgram efficiency40% of the rating98% to programs · $182 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 Mary Washington Healthcare: 98% to programs · $182 to raise $100 earns a F on this criterion. See the exact thresholds →
AFinancial health25% of the rating58 mo reserves · +25% 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 Mary Washington Healthcare: 58 mo reserves · +25% 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 Mary Washington Healthcare: 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 Mary Washington Healthcare: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Our mission is to improve the health of the people in the communities we serve.
What they do
As the parent corporation of the mwhc affiliated group, mwhc provides strategic direction, management and corporate support services to members of the affiliated group.
Contact & location
- Address
- 2300 Fall Hill Ave Ste 416, Fredericksbrg, VA, 22401
- City
- Fredericksbrg
- State
- Virginia
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $70.4M (FY2013) to $171.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $127.5MNet assets $624.5M
Operating margin
24.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$752.1M
Total liabilities
$127.5M
Net assets
$624.5M
Salaries & benefits
$70.0M
54% of expenses
Board members
11
10 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $171,804,417▲24.4% | $129,336,440▼10.4% | $624,548,812▲19.4% | $752,053,784▲14.8% | 990 |
| 2023 | $138,151,550▲2.3% | $144,406,556▲8.6% | $523,067,236▲13.6% | $655,215,995▲19.4% | 990 |
| 2022 | $134,996,485▼8.8% | $132,982,096▼5.0% | $460,449,964▼11.5% | $548,892,209▼20.5% | 990 |
| 2021 | $147,982,838▼14.0% | $140,028,942▲6.8% | $520,429,893▲20.7% | $690,208,407▲4.1% | 990 |
| 2020 | $172,020,782▲37.1% | $131,060,907▲5.6% | $431,242,907▲13.2% | $663,087,560▲28.8% | 990 |
| 2019 | $125,473,627▲10.6% | $124,084,325▼6.5% | $381,098,904▲24.6% | $514,696,844▲18.4% | 990 |
| 2018 | $113,421,017▲4.7% | $132,645,709▲29.7% | $305,876,838▼5.1% | $434,691,972▼4.1% | 990 |
| 2017 | $108,331,365▲12.8% | $102,233,606▲8.9% | $322,315,358▲19.8% | $453,511,593▲13.7% | 990 |
| 2016 | $96,026,685▲1.9% | $93,921,024▲3.6% | $269,053,472▲13.0% | $398,868,408▲9.6% | 990 |
| 2015 | $94,231,275▲24.9% | $90,639,897▲11.1% | $238,136,275▲8.1% | $363,768,880▲1.0% | 990 |
| 2014 | $75,424,681▲7.2% | $81,557,862▲2.5% | $220,274,257▼8.7% | $360,096,844▲4.9% | 990 |
| 2013 | $70,371,453 | $79,556,351▼6.7% | $241,189,292▲13.5% | $343,344,849▼0.2% | 990 |
| 2012 | — | $85,272,653▲15.9% | $212,471,392▼11.0% | $344,120,060▼5.2% | 990 |
| 2011 | — | $73,593,756▼2.6% | $238,631,830▼14.4% | $363,105,448▲10.9% | 990 |
| 2010 | — | $75,579,328 | $278,809,683 | $327,482,000 | 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: Michael P Mcdermott Md Mba — $2,433,987 (1.88% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Michael P Mcdermott Md Mba | President and Ceo | 40 | $2,433,987 |
| Christopher Newman Md | Evp, Coo & Cmo | 40 | $1,348,734 |
| Sean T Barden Bsba Mba | Evp & Cfo | 40 | $1,132,264 |
| Travis Turner Bs Mba | Vice President | 40 | $619,142 |
| Eric Fletcher Mba Apr | Svp & Cso | 40 | $611,905 |
| Geoffrey Lawson | Svp & Cio | 40 | $603,241 |
| Joanne Huber-sturans | Svp & Chro | 40 | $549,957 |
| Xavier Richardson Ba Mba | Svp & Cdo | 40 | $527,654 |
| David Yi Md | Vice President (thru 5/24) | 40 | $503,385 |
| Lauren Blalock | Vice President | 40 | $420,504 |
| Sandra Brown CPA | Vice President | 40 | $400,267 |
| Summer Hughes | Vp & Chief of Staff | 40 | $387,843 |
| Sarah Ogle | Vice President | 40 | $371,406 |
| Alan Edwards | Vice President | 40 | $369,424 |
| Tina Ervin | Vice President | 40 | $342,358 |
| Ramy Abdelfattah | Medical Director | 40 | $276,534 |
| Ashish Behl | Physician Advisor (thru 11/24) | 40 | $253,178 |
| Anne Jernigan | Director | 40 | $203,953 |
| Karin Haynes | Director | 40 | $195,166 |
| Darla Burton | Director | 40 | $192,042 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Hancock Daniel Johnson & Nagle PC | Legal Services | $2,115,259 |
| Kemberton Healthcare Services LLC | Billing Services | $574,300 |
| Baker Tilly Us LLP | Auditing & Consulting Services | $376,724 |
| Revenue Masters Billing Solutions LLC | Professional Services | $352,923 |
| Faircode Associates LLC | Consulting Services | $340,778 |
Grants received · $75K total
3 grants to Mary Washington Healthcare totaling $75K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Cancer Society Inc | Patient support | 2024 | $25,000 |
| American Cancer Society Inc | Patient support | 2022 | $40,000 |
| American Cancer Society Inc | Patient support | 2021 | $10,000 |
Grants made · $157K in FY2024
8 grants totaling $157K in FY2024. All grants made by Mary Washington Healthcare →
| Recipient | Purpose | Amount |
|---|---|---|
| Rappahannock United Way Inc | Enrichment | $38,193 |
| Fredericksburg Regional Chamber of Commerce | General support | $30,000 |
| Germanna Community College Educational Foundation Inc | General support; event sponsorship | $28,700 |
| Virginia Health Care Foundation | General support | $25,000 |
| Fredericksburg Va Main Street Inc | General support; event sponsorship | $10,000 |
| Virginia Hospital and Healthcare Association | General support; event sponsorship | $10,000 |
| Fredericksburg Branch NAACP | General support; event sponsorship | $7,500 |
| Doctor Yum Project | General support; event sponsorship | $7,250 |
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Compare Mary Washington Healthcare
Frequently asked questions
- Is Mary Washington Healthcare a legitimate nonprofit?
- Yes. Mary Washington Healthcare is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 54-1240646, based in Fredericksbrg, Virginia. Donations are tax-deductible.
- What is Mary Washington Healthcare's EIN?
- Mary Washington Healthcare's Employer Identification Number (EIN) is 54-1240646.
- How much revenue does Mary Washington Healthcare report?
- Mary Washington Healthcare reported $171,804,417 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Mary Washington Healthcare's spending goes to programs?
- Mary Washington Healthcare spends about 98% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Mary Washington Healthcare have?
- CharityIndex grades Mary Washington Healthcare C, based on program efficiency and fundraising cost.
- How much does Mary Washington Healthcare's highest-paid employee make?
- The highest reported compensation on Mary Washington Healthcare's latest Form 990 is $2,433,987, paid to Michael P Mcdermott Md Mba (President and Ceo).
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Data for Mary Washington Healthcare (EIN 54-1240646) 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.