MARYLAND EMERGENCY MEDICINE NETWORK INC

EIN: 450519724 501(c)(3) Health Care

BALTIMORE, MD

Total Revenue
$78,902,164
Total Expenses
$77,733,736
Total Assets
$23,550,426
Net Assets
$13,131,956
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
MD
Principal Officer
RHAMIN LIGON
Phone
6672142051
Tax Period
2022-07-01 to 2023-06-30

MARYLAND EMERGENCY MEDICINE NETWORK INC, founded in 2003, is a mid-sized nonprofit in the Health Care sector that reported $78.9M in total revenue in fiscal year 2022.

Mission

TO SUPPORT, COORDINATE, ENCOURAGE AND IMPLEMENT A STATEWIDE EMERGENCY MEDICINE NETWORK THAT WILL SERVE AS A NATIONAL MODEL FOR IMPROVING ACCESS TO EMERGENCY MEDICINE SERVICES THAT ARE PROVIDED BY BOARD-CERTIFIED PHYSICIANS AND EXPAND ACCESS TO THOSE IN NEED, TO THE POOR, TO THE UNDERINSURED AND MEDICALLY UNDERSERVED AREAS OF MARYLAND.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $78,693,399
Investment Income $102,975
Other Revenue $105,790
TOTAL REVENUE $78,902,164

Expense Breakdown

Grants Paid $0
Salaries & Benefits $44,027,023
Fundraising Expenses $0
Program Expenses $74,684,350
Other Expenses $33,706,713
TOTAL EXPENSES $77,733,736

Year-over-Year Comparison

2022 2021 Change
Revenue $78,902,164 $77,342,298 +0.0%
Expenses $77,733,736 $71,545,437 +0.1%
Net Income $1,168,428 $5,796,861 -0.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
8
Employees
221
Volunteers
8

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$665,659
Total Directors
8
$0
Key Employees
3
$1,537,880
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RAJABRATAR SARKAR MD PHD CHAIR 1.00
Officer Director
$0 $0 $0
JACKIE FARRELL MBA TREASURER 1.00
Officer Director
$0 $0 $0
LOUISA PEARTREE MBA SECRETARY 1.00
Officer Director
$0 $0 $0
JOHN ASHWORTH DIRECTOR 1.00
Director
$0 $0 $0
JON BURNS DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM ELLIOTT MBA DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM REGINE MD DIRECTOR 1.00
Director
$0 $0 $0
DEPRIEST WHYE MD JD DIRECTOR 1.00
Director
$0 $0 $0
RAHMIN LIGON EXECUTIVE DIRECTOR 40.00
Officer
$464,439 $18,209 $482,648
ALAIN VIAUD DIRECTOR OF FINANCE 40.00
Officer
$152,795 $30,216 $183,011
DOUGLAS MAYO REGIONAL DIRECTOR 40.00
Key Emp
$465,263 $67,030 $532,293
WALT ATHA REGIONAL DIRECTOR 40.00
Key Emp
$462,890 $27,997 $490,887
MICHAEL ABRAHAM REGIONAL DIRECTOR 40.00
Key Emp
$435,965 $78,735 $514,700
TOM OBRZUT EMERGENCY MEDICINE PHYSICIAN 40.00
Highest
$425,100 $72,484 $497,584
ERIC KLOTZ DIRECTOR OF CRITICAL CARE 40.00
Highest
$413,381 $58,670 $472,051
RAVIKIRAN CHERUKURI EMERGENCY MEDICINE PHYSICIAN 40.00
Highest
$409,722 $63,102 $472,824
LAURANCE EDELMAN ULTRASOUND MEDICAL DIRECTOR 40.00
Highest
$395,181 $47,079 $442,260
LISA THOMAS VICE CHAIR & CLINICAL OPS DIR 40.00
Highest
$390,832 $23,356 $414,188
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $78,902,164 $77,733,736 $23,550,426 $1,168,428
2022 $77,342,298 $71,545,437 $27,791,998 $5,796,861
2021 $68,662,746 $66,975,278 $21,964,029 $1,687,468
2020 $70,149,427 $70,553,305 $19,599,957 $-403,878
2019 $77,131,405 $76,894,364 $21,740,944 $237,041
2018 $79,691,462 $80,562,515 $20,610,552 $-871,053
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