Luminis Health Anne Arundel Medical Center Foundation Inc
- Assets
- $88.1m
- Revenue
- $5.8m
- Investments
- $2.4m
- Employees
- 17
- Location
- Annapolis, MD
- Founding
- 05/1984
- Data as of
- 06/2021
- EIN
- 52-1331298
Organization Overview
Luminis Health Anne Arundel Medical Center Foundation Inc is located in Annapolis, MD. The organization was established in 1984. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 06/2021, Luminis Health Anne Arundel Medical Center Foundation Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Luminis Health Anne Arundel Medical Center Foundation Inc 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, Luminis Health Anne Arundel Medical Center Foundation Inc generated $5.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $6.8m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Luminis Health Anne Arundel Medical Center Foundation Inc has awarded 36 individual grants totaling $31,036,915. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT LUMINIS HEALTH ANNE ARUNDEL MEDICAL CENTER, INC. AND RELATED ENTITIES OF LUMINIS HEALTH, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS TO LUMINIS HEALTH ANNE ARUNDEL MEDICAL CENTER, INC.
CONTRIBUTIONS TO LUMINIS HEALTH J. KENT MCNEW FAMILY MEDICAL CENTER, INC.
CONTRIBUTIONS TO LUMINIS HEALTH PATHWAYS, INC. (FKA ANNE ARUNDEL GENERAL TREATMENT SERVICES, INC.)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jan Wood President | OfficerTrustee | 40 | $413,961 |
Elizabeth Gross Director Of Advancement | 40 | $149,097 | |
Briana Walsh Director Of Giving | 40 | $116,995 | |
Kendra Houghton Manager- Meetings And Event Services | 40 | $116,168 | |
Margaret Samek-Smith Vice Chair/treasurer | OfficerTrustee | 1 | $0 |
Jerry Collier Chair | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Event Eq Llc Event Design | 6/29/20 | $130,086 |
Event Eq Llc Event Design | 6/29/20 | $130,086 |
Community Couseling Services Co Llc Event Counseling | 6/29/20 | $102,500 |
Community Couseling Services Co Llc Event Counseling | 6/29/20 | $102,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $75,040 |
| Related organizations | $22,100 |
| Government grants | $500,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,502,406 |
| Noncash contributions included in lines 1a–1f | $800,963 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,099,546 |
| Total Program Service Revenue | $0 |
| Investment income | $66,420 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $17,657 |
| Net Income from Fundraising Events | $576,448 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,760,071 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,365,207 |
| Grants and other assistance to domestic individuals. | $106,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $456,672 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $991,544 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $48,789 |
| Payroll taxes | $92,215 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $86 |
| Fees for services: Accounting | $5,450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $272,579 |
| Advertising and promotion | $9,308 |
| Office expenses | $40,375 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $147,653 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $186,920 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $26,399 |
| Insurance | $0 |
| All other expenses | $386 |
| Total functional expenses | $6,827,289 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $852,373 |
| Savings and temporary cash investments | $4,481,639 |
| Pledges and grants receivable | $2,974,799 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $229,821 |
| Net Land, buildings, and equipment | $1,839,685 |
| Investments—publicly traded securities | $20,424,379 |
| Investments—other securities | $2,409,318 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $54,904,032 |
| Total assets | $88,116,046 |
| Accounts payable and accrued expenses | $231,665 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $60,813,192 |
| Total liabilities | $61,044,857 |
| Net assets without donor restrictions | $462,208 |
| Net assets with donor restrictions | $26,608,981 |
| 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 | $88,116,046 |
Grants Awarded
Over the last fiscal year, Luminis Health Anne Arundel Medical Center Foundation Inc has awarded $4,365,207 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Annapolis, MD PURPOSE: TO SUPPORT OPERATIONS OF LUMINIS HEALTH MEDICAL CENTER, INC. | $3,071,500 |
Annapolis, MD PURPOSE: TO SUPPORT OPERATIONS OF LUMINIS HEALTH J. KENT MCNEW FAMILY MEDICAL CENTER, INC. | $718,204 |
Annapolis, MD PURPOSE: TO SUPPORT OPERATIONS OF LUMINIS HEALTH PATHWAYS, INC. | $383,075 |
Annapolis, MD PURPOSE: TO SUPPORT OPERATIONS OF PHYSICIAN ENTERPRISE, LLC | $114,428 |
Annapolis, MD PURPOSE: TO SUPPORT OPERATIONS OF LUMINIS HEALTH RESEARCH INSTITUTE, INC. | $78,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Luminis Health Anne Arundel Medical Center Foundation Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
J Kent Mcnew Family Foundation Annapolis, MD PURPOSE: SUPPORT FOR MEDICAL CENTER | $25,000 |
Endowment Analysis
| Beg. Balance | $6,871,550 |
| Earnings | -$1,771,775 |
| Admin Expense | $399,281 |
| Net Contributions | $53,856 |
| Other Expense | $4,147 |
| Grants | $106,500 |
| Ending Balance | $5,663,559 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Apis Services Inc Reading, PA | $60,776,008 | $15,713,327 |
Carpenters Health Fund Of West Virginia Ona, WV | $33,945,838 | $18,485,815 |
Sheltering Arms Foundation Mechanicsville, VA | $205,278,403 | $11,542,533 |
Lankenau Medical Center Foundation Wynnewood, PA | $483,355,098 | $35,694,086 |
Bath Community Hospital Foundation Hot Springs, VA | $25,068,775 | $7,394,465 |
Concordia Lutheran Ministriesfoundation Cabot, PA | $226,432,111 | $36,499,919 |
Johns Hopkins All Childrens Foundation Inc Baltimore, MD | $150,122,516 | $24,043,790 |
The Medical Trust Philadelphia, PA | $200,270,282 | $19,932,215 |
Potomac Health Foundation Woodbridge, VA | $124,789,436 | $8,932,196 |
Washington Wholesalers Health And Welfare Fund Columbia, MD | $20,227,407 | $10,192,011 |
Meadville Physician Services Meadville, PA | $881,985 | $6,590,657 |
Fauquier Hospital Endowment Fund Under Trust Agreement With Dated 1 Charlottesville, VA | $0 | $393,399 |