Shore Health System Inc
80% goes to programs $0 to raise $100 Strong reserves
Shore Health System Inc is a 501(c)(3) organization based in Linthicum Heights, Maryland, registered in 2004, with $306,065,837 in FY2023 revenue. CharityIndex grades it A, and it directs about 80% of spending to programs.
900 Elkridge Landing Rd 3w, Linthicum Heights, MD, 21090 EIN 52-0610538 Since 2004
Revenue (FY2023)
$306.1M
▲ 2.4% vs prior year
Health median: $840K
Expenses (FY2023)
$291.2M
Net assets
$400.2M
Employees
1,686
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 rating80% 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 Shore Health System Inc: 80% to programs · $0 to raise $100 earns a B on this criterion. See the exact thresholds →
AFinancial health25% of the rating16 mo reserves · +5% 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 Shore Health System Inc: 16 mo reserves · +5% 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 Shore Health System 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 Shore Health System Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Shore health system (shs) is a regional, not-for-profit network of inpatient and outpatient services with facilities in talbot, dorchester, caroline, and queen anne's counties.
Contact & location
- Address
- 900 Elkridge Landing Rd 3w, Linthicum Heights, MD, 21090
- State
- Maryland
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $241.6M (FY2013) to $306.1M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $167.7MNet assets $400.2M
Operating margin
4.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$567.9M
Total liabilities
$167.7M
Net assets
$400.2M
Salaries & benefits
$114.9M
39% of expenses
Board members
22
16 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $306,065,837▲2.4% | $291,165,524▲4.4% | $400,202,515▲5.0% | $567,934,546▲0.1% | 990 |
| 2022 | $298,894,266▼4.8% | $278,861,142▲10.4% | $381,114,032▲3.6% | $567,528,326▼8.5% | 990 |
| 2021 | $313,920,138▲7.1% | $252,589,752▲6.6% | $367,872,317▲0.5% | $620,349,756▼1.1% | 990 |
| 2020 | $292,979,437▲4.5% | $236,843,180▲0.6% | $365,899,801▲23.4% | $627,298,140▲23.6% | 990 |
| 2019 | $280,241,666▲1.4% | $235,362,108▼1.4% | $296,565,180▲2.7% | $507,390,749▲16.5% | 990 |
| 2018 | $276,273,222▲2.9% | $238,638,945▲1.2% | $288,790,515▲4.8% | $435,584,296▲4.6% | 990 |
| 2017 | $268,587,354▲2.0% | $235,845,024▼5.1% | $275,501,274▲7.0% | $416,494,387▲0.3% | 990 |
| 2016 | $263,328,048▲0.2% | $248,630,898▲6.2% | $257,495,556▲1.7% | $415,325,618▲5.6% | 990 |
| 2015 | $262,693,443▲6.7% | $234,084,709▲5.9% | $253,091,978▲3.9% | $393,431,353▲1.5% | 990 |
| 2014 | $246,295,742▲1.9% | $221,109,746▲0.8% | $243,510,396▲10.1% | $387,633,083▲4.7% | 990 |
| 2013 | $241,629,485 | $219,425,980▲3.7% | $221,196,593▲14.2% | $370,246,091▲7.6% | 990 |
| 2012 | — | $211,584,908▲2.1% | $193,644,710▲4.0% | $343,942,458▲3.8% | 990 |
| 2011 | — | $207,220,950▼1.0% | $186,207,000▲3.5% | $331,373,142▲8.9% | 990 |
| 2010 | — | $209,380,970▲4.0% | $179,886,509▲19.3% | $304,359,977▲6.9% | 990 |
| 2009 | — | $201,396,132 | $150,806,466 | $284,794,015 | 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 D Kozel — $693,043 (0.24% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Kenneth D Kozel | President and Ceo | 40 | $693,043 |
| William E Huffner Md | Svp and Cmo | 40 | $523,974 |
| Joanne R Hahey | Svp Finance (end 11/2023) | 40 | $388,047 |
| Lu Ann Brady | Svp Chief Operating Officer | 40 | $378,777 |
| Diane R Murphy | Chief Quality Officer | 40 | $352,352 |
| Jennifer Boettinger | Vp Patient Care and Cno | 40 | $311,216 |
| Sherri Hobbs | Patient Safety Director | 40 | $296,480 |
| Arvinjit Singh | Vp Strategy and Communications | 40 | $267,154 |
| Dennis S Welsh | Vp Rural Healthcare Transformation | 40 | $250,990 |
| Rebecca Bair | Vp Philanthropy | 40 | $121,952 |
| Paul S Nicholson | Svp, Finance | 1 | $44,193 |
| Art Cecil III | Director | 1 | — |
| Catherine Burton | Director | 1 | — |
| Charles Capute | Chairman | 1 | — |
| Chris Parry Do | Director | 1 | — |
| Eugene Newmier Do | Director | 1 | — |
| Garrett Falcone | Director | 1 | — |
| Jane Wang | Director | 1 | — |
| John W Ashworth III | Director | 1 | — |
| Joseph E Hoffman III | Director | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Qualivis LLC | Temporary Labor | $13,666,766 |
| Cross Country Staffing Inc | Temporary Labor | $8,703,009 |
| Tidewater Anesthesia Assoc | Physicians Services | $5,613,977 |
| Shore-bayy Hospitalist Assoc | Physician Servies | $3,485,000 |
| Md Emergency Medicine Network | Physician Services | $3,010,434 |
Grants received · $19K total
1 grant to Shore Health System Inc totaling $19K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Patient Access Network Foundation | Patient assistance | 2015 | $19,489 |
Grants made · $550K in FY2023
2 grants totaling $550K in FY2023. All grants made by Shore Health System Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Dorchester Csp LLC | Development of shared-use commercial kitchen. | $500,000 |
| Queen Anne's County Department of Health | Mobile integrated community health program | $50,000 |
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Frequently asked questions
- Is Shore Health System Inc a legitimate nonprofit?
- Yes. Shore Health System Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 52-0610538, based in Linthicum Heights, Maryland. Donations are tax-deductible.
- What is Shore Health System Inc's EIN?
- Shore Health System Inc's Employer Identification Number (EIN) is 52-0610538.
- How much revenue does Shore Health System Inc report?
- Shore Health System Inc reported $306,065,837 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Shore Health System Inc's spending goes to programs?
- Shore Health System Inc spends about 80% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Shore Health System Inc have?
- CharityIndex grades Shore Health System Inc A, based on program efficiency and fundraising cost.
- How much does Shore Health System Inc's highest-paid employee make?
- The highest reported compensation on Shore Health System Inc's latest Form 990 is $693,043, paid to Kenneth D Kozel (President and Ceo).
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Data for Shore Health System Inc (EIN 52-0610538) 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.