Baltimore Washington Medical Center Inc
- Assets
- $709.8m
- Revenue
- $470.3m
- Investments
- $114.5m
- Employees
- 3,592
- Location
- Glen Burnie, MD
- Founding
- 10/1973
- Data as of
- 06/2021
- EIN
- 52-0689917
Organization Overview
Baltimore Washington Medical Center Inc, operating under the name Um Baltimore Washington Medical Center, is located in Glen Burnie, MD. The organization was established in 1973. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 06/2021, Um Baltimore Washington Medical Center employed 3,592 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Um Baltimore Washington Medical Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Um Baltimore Washington Medical Center generated $470.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $437.0m during the year ending 06/2021. While expenses have increased by 3.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE THE HIGHEST QUALITY HEALTHCARE SERVICES TO THE COMMUNITIES WE SERVE.
Describe the Organization's Program Activity:
SEE SCHEDULE O.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Former SVP And Cno | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Chesapeake Oncology & Hematology Assc Physician Services | 6/29/21 | $1,996,560 |
Tindall Corporation General Contractor | 6/29/21 | $1,895,007 |
Plano Coudon Llc General Contractor | 6/29/21 | $3,354,931 |
Cross Country Staffing Employment Services | 6/29/21 | $3,329,667 |
The Whiting Turner Contracting Company General Contractor | 6/29/21 | $14,543,670 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,017,467 |
| Government grants | $25,982,124 |
| All other contributions, gifts, grants, and similar amounts not included above | $67,245 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,066,836 |
| Total Program Service Revenue | $436,516,662 |
| Investment income | $1,439,754 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $869,744 |
| Net Gain/Loss on Asset Sales | $4,130,555 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $470,314,982 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $158,741,053 |
| Pension plan accruals and contributions | $5,715,983 |
| Other employee benefits | $18,536,690 |
| Payroll taxes | $11,364,107 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $17,007 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $357,658 |
| Fees for services: Other | $99,030,013 |
| Advertising and promotion | $50,774 |
| Office expenses | $1,603,276 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,060,533 |
| Travel | $16,483 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $103,931 |
| Interest | $5,541,575 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $26,722,438 |
| Insurance | $9,188,528 |
| All other expenses | $1,827,216 |
| Total functional expenses | $436,999,312 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,866,140 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $41,645,866 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,838,341 |
| Prepaid expenses and deferred charges | $440,858 |
| Net Land, buildings, and equipment | $252,441,729 |
| Investments—publicly traded securities | $97,094,000 |
| Investments—other securities | $114,511,837 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $129,937,230 |
| Total assets | $709,776,001 |
| Accounts payable and accrued expenses | $44,788,092 |
| Grants payable | $0 |
| Deferred revenue | $121,677 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $298,896,817 |
| Total liabilities | $343,806,586 |
| Net assets without donor restrictions | $353,672,288 |
| Net assets with donor restrictions | $12,297,127 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $709,776,001 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Baltimore Washington Medical Center Inc has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
Rogers Wilbur Foundation Inc Crownsville, MD PURPOSE: UNRESTRICTED | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Presbyterian Medical Center Of The University Of Pennsylvania Health Philadelphia, PA | $864,132,692 | $1,007,924,819 |
Abington Memorial Hospital Philadelphia, PA | $948,017,930 | $858,404,541 |
Sinai Hospital Of Baltimore Inc Baltimore, MD | $642,141,254 | $936,777,270 |
Mary Washington Healthcare Fredericksburg, VA | $593,675,918 | $863,388,863 |
Bayhealth Medical Center Inc Dover, DE | $1,592,804,671 | $861,509,299 |
Tower Health Reading, PA | $1,567,530,050 | $562,187,138 |
Cabell Huntington Hospital Inc Huntington, WV | $1,087,986,142 | $722,910,695 |
Pennsylvania Hospital Of The Univ Of Pennsylvania Health System Philadelphia, PA | $773,767,590 | $678,080,811 |
Johns Hopkins Bayview Medical Center Inc Baltimore, MD | $440,914,055 | $670,376,991 |
Kennedy University Hospital Inc Philadelphia, PA | $1,241,829,856 | $668,598,689 |
Franklin Square Hospital Center Inc Baltimore, MD | $352,871,142 | $621,968,540 |
Holy Cross Health Inc Silver Spring, MD | $1,036,467,989 | $628,720,499 |