University Of Maryland Medical System Corporation
- Assets
- $5.3b
- Revenue
- $1.9b
- Investments
- $152.1m
- Employees
- 13,201
- Location
- Baltimore, MD
- Founding
- 06/1984
- Data as of
- 06/2020
- EIN
- 52-1362793
Organization Overview
University Of Maryland Medical System Corporation, operating under the name University of Maryland Medical Center, is located in Baltimore, MD. The organization was established in 1984. 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 06/2020, University of Maryland Medical Center employed 13,201 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 06/2020, University of Maryland Medical Center generated $1.9b in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $1.8b during the year ending 06/2020. While expenses have increased by 3.4% per year over the past 5 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.
Since 2015, University of Maryland Medical Center has awarded 99 individual grants totaling $3,049,415. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE UNIVERSITY OF MARYLAND MEDICAL SYSTEM CORPORATION (UMMS) PROVIDES A VARIETY OF INPATIENT/ OUTPATIENT SERVICES TO PEOPLE IN THE MARYLAND AREA REGARDLESS OF THEIR ABILITY TO PAY. REVENUES ARE USED TO HELP DEFRAY THE COSTS OF SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
UMMS, A PRIVATE, NON-PROFIT HEALTH SYSTEM, CONSISTS OF 12 HOSPITALS - UMMC, THE ACADEMIC 'HUB' - AND THE 11 COMMUNITY AND SPECIALTY HOSPITALS THROUGHOUT THE STATE OF MARYLAND. UMMC IS A NATIONAL AND REGIONAL REFERRAL CENTER FOR TRAUMA, CANCER CARE, NEUROCARE, CARDIAC CARE AND HEART SURGERY, WOMEN'S AND CHILDREN'S HEALTH AND ORGAN TRANSPLANTS. IT HAS ONE OF THE MOST TECHNOLOGICALLY ADVANCED OPERATING ROOM FACILITIES AND IS INTERNATIONALLY RECOGNIZED FOR ITS LEADERSHIP IN DEVELOPING AND PERFORMING MINIMALLY INVASIVE SURGICAL PROCEDURES. UMMS PROVIDES CHARITY CARE TO PATIENTS UNABLE TO PAY. CHARITY CARE FOR THE YEAR ENDED 6/30/2020 IS APPROXIMATELY $14.9 MILLION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director | Trustee | 3.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ip Datasystems Inc Software Solutions | 6/29/20 | $11,239,413 |
Clark Construction Group Llc Construction | 6/29/20 | $153,719,436 |
Siemens Medical Solutions Usa Inc Medical Information Technology | 6/29/20 | $9,612,247 |
Environmental Air Systems Llc Maintenance | 6/29/20 | $18,871,924 |
Living Legacy Foundation Trc Organ Support | 6/29/20 | $16,124,281 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $35,540 |
| Government grants | $96,891,830 |
| All other contributions, gifts, grants, and similar amounts not included above | $884,550 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $97,811,920 |
| Total Program Service Revenue | $1,781,955,047 |
| Investment income | $5,847,513 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,216,812 |
| Net Gain/Loss on Asset Sales | $2,625,033 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,897,434,124 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $358,210 |
| 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. | $11,346,263 |
| Compensation of current officers, directors, key employees. | $2,578,199 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $696,648,504 |
| Pension plan accruals and contributions | $21,931,318 |
| Other employee benefits | $76,374,307 |
| Payroll taxes | $52,608,223 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,518,485 |
| Fees for services: Accounting | $374,473 |
| Fees for services: Lobbying | $104,667 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $44,734,610 |
| Advertising and promotion | $7,265,515 |
| Office expenses | $21,841,168 |
| Information technology | $1,749,188 |
| Royalties | $0 |
| Occupancy | $26,767,811 |
| Travel | $1,366,848 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,417,306 |
| Interest | $21,387,557 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $89,338,335 |
| Insurance | $20,675,100 |
| All other expenses | $85,622,990 |
| Total functional expenses | $1,768,762,405 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $399,702,360 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $193,916,142 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $65,813,890 |
| Prepaid expenses and deferred charges | $51,110,613 |
| Net Land, buildings, and equipment | $1,282,315,916 |
| Investments—publicly traded securities | $129,712,000 |
| Investments—other securities | $152,123,071 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,983,493,215 |
| Total assets | $5,258,187,207 |
| Accounts payable and accrued expenses | $297,657,802 |
| Grants payable | $0 |
| Deferred revenue | $5,486,184 |
| Tax-exempt bond liabilities | $1,519,016,928 |
| 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 | $151,004,683 |
| Other liabilities | $1,282,522,250 |
| Total liabilities | $3,255,687,847 |
| Net assets without donor restrictions | $1,426,208,526 |
| Net assets with donor restrictions | $576,290,834 |
| 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 | $5,258,187,207 |
Grants Awarded
Over the last fiscal year, University Of Maryland Medical System Corporation has awarded $348,210 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
Baltimore, MD PURPOSE: GENERAL ASSISTANCE | $199,175 |
Dallas, TX PURPOSE: GENERAL ASSISTANCE | $27,735 |
Baltimore, MD PURPOSE: GENERAL ASSISTANCE | $26,900 |
Baltimore, MD PURPOSE: GENERAL ASSISTANCE | $20,000 |
Baltimore, MD PURPOSE: GENERAL ASSISTANCE | $15,000 |
Baltimore, MD PURPOSE: GENERAL ASSISTANCE | $11,250 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that University Of Maryland Medical System Corporation has recieved totaling $6,892,289.
| Awarding Organization | Amount |
|---|---|
Uch Legacy Funding Corporation Bel Air, MD PURPOSE: Operating Grant | $4,082,331 |
Associated Black Charities Inc Baltimore, MD PURPOSE: RYAN WHITE | $719,958 |
Associated Black Charities Inc Baltimore, MD PURPOSE: RYAN WHITE | $475,970 |
Metropolitan Washington Council Of Governments Washington, DC PURPOSE: SPECIALIZED TRANSPORTATION | $471,408 |
Associated Black Charities Inc Baltimore, MD PURPOSE: RYAN WHITE | $359,191 |
Associated Black Charities Inc Baltimore, MD PURPOSE: RYAN WHITE | $339,836 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Reading Hospital Reading, PA | $1,183,713,752 | $1,035,019,113 |
St Lukes Hospital Allentown, PA | $2,817,061,751 | $982,677,854 |
Abington Memorial Hospital Philadelphia, PA | $957,526,497 | $866,047,638 |
Presbyterian Medical Center Of The University Of Pennsylvania Health Philadelphia, PA | $812,689,177 | $973,479,342 |
Sinai Hospital Of Baltimore Inc Baltimore, MD | $634,395,634 | $853,444,961 |
Tower Health Reading, PA | $1,916,208,118 | $534,049,241 |
Mary Washington Healthcare Fredericksburg, VA | $475,223,962 | $734,167,988 |
Bayhealth Medical Center Inc Dover, DE | $1,383,876,273 | $741,287,947 |
Pennsylvania Hospital Of The Univ Of Pennsylvania Health System Philadelphia, PA | $773,767,590 | $678,080,811 |
Kennedy University Hospital Inc Philadelphia, PA | $1,169,795,148 | $577,049,990 |
Johns Hopkins Bayview Medical Center Inc Baltimore, MD | $440,914,055 | $670,376,991 |
Cabell Huntington Hospital Inc Huntington, WV | $976,233,779 | $690,489,003 |