Medstar Health Inc
99% goes to programs $38 to raise $100 Strong reserves
Medstar Health Inc is a 501(c)(3) organization based in Columbia, Maryland, registered in 1998, with $363,603,125 in FY2023 revenue. CharityIndex grades it A, and it directs about 99% of spending to programs.
10980 Grantchester Way, Columbia, MD, 21044 EIN 52-2087445 Since 1998
Revenue (FY2023)
$363.6M
▼ 0.8% vs prior year
Health median: $840K
Expenses (FY2023)
$298.4M
Net assets
$735.1M
Employees
891
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 rating99% to programs · $38 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 Medstar Health Inc: 99% to programs · $38 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating30 mo reserves · +18% 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 Medstar Health Inc: 30 mo reserves · +18% 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 Medstar Health Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Medstar Health Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Plan, develop, coordinate, direct and manage an integrated healthcare system.
Contact & location
- Address
- 10980 Grantchester Way, Columbia, MD, 21044
- City
- Columbia
- State
- Maryland
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $195.3M (FY2013) to $363.6M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $2.7BNet assets $735.1M
Operating margin
17.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.4B
Total liabilities
$2.7B
Net assets
$735.1M
Salaries & benefits
$183.9M
62% of expenses
Board members
19
15 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $363,603,125▼0.8% | $298,423,419▼0.2% | $735,114,830▲52.0% | $3,406,041,925▲6.3% | 990 |
| 2022 | $366,652,043▲13.0% | $298,884,795▲5.5% | $483,611,852▼15.1% | $3,203,474,364▼1.2% | 990 |
| 2021 | $324,422,604▼15.3% | $283,205,907▼1.3% | $569,759,203▼61.5% | $3,241,361,236▼23.9% | 990 |
| 2020 | $383,171,265▲39.3% | $287,056,514▲5.5% | $1,479,288,158▲39.3% | $4,258,618,902▼8.8% | 990 |
| 2019 | $275,133,645▼8.8% | $272,142,862▲4.2% | $1,061,680,494▲71.7% | $4,670,764,797▲55.4% | 990 |
| 2018 | $301,686,539▲3.1% | $261,224,498▼6.1% | $618,477,510▼11.9% | $3,005,315,672▲1.0% | 990 |
| 2017 | $292,624,293▲7.4% | $278,337,829▲38.1% | $701,719,350▲48.3% | $2,974,268,762▲4.9% | 990 |
| 2016 | $272,431,902▲34.8% | $201,502,748▲16.5% | $473,115,568▲67.5% | $2,835,852,476▲30.4% | 990 |
| 2015 | $202,160,994▼15.0% | $172,933,801▼14.8% | $282,535,110▼34.6% | $2,174,672,346▲0.1% | 990 |
| 2014 | $237,822,390▲21.8% | $202,855,973▲69.1% | $432,325,503▼25.4% | $2,173,531,045▼0.1% | 990 |
| 2013 | $195,315,774 | $119,995,240▲24.5% | $579,890,133▲63.2% | $2,176,542,391▲14.0% | 990 |
| 2012 | — | $96,377,829▲24.6% | $355,356,218▲87.5% | $1,908,887,923▲21.5% | 990 |
| 2011 | — | $77,324,872▲11.4% | $189,522,707▼23.7% | $1,570,721,309▲4.1% | 990 |
| 2010 | — | $69,426,773▲18.5% | $248,532,141▲284% | $1,508,495,983▲10.7% | 990 |
| 2009 | — | $58,578,819 | $64,783,332 | $1,362,506,894 | 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: Kenneth A Samet — $7,083,748 (2.37% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Kenneth A Samet | Ceo and President | 29 | $7,083,748 |
| M Joy Drass Md | Evp | 39 | $4,328,131 |
| Stephen Evans Md | Evp | 38 | $2,826,175 |
| Susan Nelson | Evp & Cfo | 38 | $2,207,257 |
| Oliver M Johnson II | Evp | 35 | $2,040,968 |
| Eric Wagner | Evp | 33 | $2,029,086 |
| Michael Sachtleben | Svp & Coo, Washington Region | 40 | $1,941,891 |
| David H Song Md | Vp of Medical Affairs & Cmo | 40 | $1,921,856 |
| Bradley Chambers | Svp & Coo, Balitmore Region | 40 | $1,681,164 |
| Loretta Walker | Svp | 40 | $1,643,431 |
| Susan Eckert | Svp & Chief Nursing Office | 40 | $1,381,768 |
| Michael J Curran | Former Evp & Cao | 39 | $621,601 |
| Adaeze Enekwechi Phd Mpp | Director | 1 | — |
| Allen J Taylor Md | Director | 1 | — |
| Anthony J Buzzelli | Director | 1 | — |
| Christopher G Kalhorn Md | Director | 1 | — |
| Eben D Finney III | Director | 1 | — |
| Gary H Tabach | Vice Chair | 1 | — |
| Gregory S Proctor | Director | 1 | — |
| James A Dorta Md | Director | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Sodexo Inc & Affiliates | Food & Facilities Management | $27,751,394 |
| Crothall Svcs Group | Environmental Services | $15,410,632 |
| Up To Date Laundry Inc | Laundry Services | $8,812,980 |
| Deloitte Consulting LLP | Professional Services | $4,634,829 |
| Jones Lang Lasalle Americas | Professional Services | $4,107,304 |
Grants received · $546K total
26 grants to Medstar Health Inc totaling $546K, reported by foundations on their Schedule I filings — showing the 15 most recent.
Grants made · $14.4M in FY2023
1 grant totaling $14.4M in FY2023. All grants made by Medstar Health Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Georgetown University | Supporting the school of medicine | $14,419,384 |
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Compare Medstar Health Inc
Frequently asked questions
- Is Medstar Health Inc a legitimate nonprofit?
- Yes. Medstar Health Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 52-2087445, based in Columbia, Maryland. Donations are tax-deductible.
- What is Medstar Health Inc's EIN?
- Medstar Health Inc's Employer Identification Number (EIN) is 52-2087445.
- How much revenue does Medstar Health Inc report?
- Medstar Health Inc reported $363,603,125 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Medstar Health Inc's spending goes to programs?
- Medstar Health Inc spends about 99% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Medstar Health Inc have?
- CharityIndex grades Medstar Health Inc A, based on program efficiency and fundraising cost.
- How much does Medstar Health Inc's highest-paid employee make?
- The highest reported compensation on Medstar Health Inc's latest Form 990 is $7,083,748, paid to Kenneth A Samet (Ceo and President).
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Data for Medstar Health Inc (EIN 52-2087445) 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.