Maryland General Hospital Inc

EIN: 520591667 501(c)(3) Health Care

Baltimore, MD

Total Revenue
$273,118,273
Total Expenses
$285,054,569
Total Assets
$194,503,830
Net Assets
$144,499,061
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1948
Legal Domicile
MD
Phone
4102258408
Tax Period
2023-07-01 to 2024-06-30

Maryland General Hospital Inc, founded in 1948, is a major nonprofit in the Health Care sector that reported $273.1M in total revenue in fiscal year 2023.

Mission

HOSPITAL PROVIDING ACUTE CARE, 24 HOUR EMERGENCY CARE IRRESPECTIVE OF ABILITY TO PAY, AND PROMOTING PUBLIC AWARENESS OF HEALTH MATTERS THROUGH EDUCATION AND OUTREACH.

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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 (2023)

Revenue Breakdown

Contributions & Grants $99,942
Program Service Revenue $271,839,103
Investment Income $196,950
Other Revenue $982,278
TOTAL REVENUE $273,118,273

Expense Breakdown

Grants Paid $0
Salaries & Benefits $115,431,837
Fundraising Expenses $0
Program Expenses $214,793,858
Other Expenses $169,622,732
TOTAL EXPENSES $285,054,569

Year-over-Year Comparison

2023 2022 Change
Revenue $273,118,273 $269,081,850 +0.0%
Expenses $285,054,569 $274,557,189 +0.0%
Net Income $-11,936,296 $-5,475,339 +1.2%
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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Governance

Voting Members
17
Independent Members
15
Employees
1740
Volunteers
69

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
6
$3,496,341
Total Directors
19
$5,739,823
Key Employees
1
$819,343
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Bert W O'Malley MD PRESIDENT and CEO, UMMC 1.0
Officer Director
$0 $229,865 $2,025,849
BONNIE L PHIPPS CPA VICE CHAIR 1.0
Officer Director
$0 $0 $0
Louise M Gonzales ESQ CHAIR (ENDED 03/24) 1.0
Officer Director
$0 $0 $0
WILLIAM KIRWAN CHAIR 1.0
Officer Director
$0 $0 $0
Ancelmo Lopes DIRECTOR 1.0
Director
$0 $0 $0
Barry P Gossett DIRECTOR 1.0
Director
$0 $0 $0
Carol L Coughlin CPA DIRECTOR 1.0
Director
$0 $0 $0
Deb Zimmerman DIRECTOR 1.0
Director
$0 $0 $0
Deborah Trautman PHD DIRECTOR (ENDED 03/24) 1.0
Director
$0 $0 $0
Harriet E Cooperman ESQ DIRECTOR 1.0
Director
$0 $0 $0
Ken Moreland DIRECTOR 1.0
Director
$0 $0 $0
Leonard Stoler DIRECTOR 1.0
Director
$0 $0 $0
Lisa Manzone DIRECTOR 1.0
Director
$0 $0 $0
Marilyn M Carp DIRECTOR 1.0
Director
$0 $0 $0
Mark L Joseph DIRECTOR 1.0
Director
$0 $0 $0
Mary McLaughlin DIRECTOR 1.0
Director
$0 $0 $0
Mohan Suntha MD PRESIDENT AND CEO, UMMS 1.0
Director
$0 $44,934 $3,713,974
R ALAN BUTLER DIRECTOR 1.0
Director
$0 $0 $0
Robert D Wallace DIRECTOR 1.0
Director
$0 $0 $0
ALISON G BROWN PRESIDENT (end 09/2023) 40.0
Officer
$613,530 $30,094 $643,624
GEORGE A SPRINKEL SVP & CFO 1.0
Officer
$0 $108,170 $826,868
Janine L Good MD VP and CMO 40.0
Key Emp
$742,389 $76,954 $819,343
Gonzalo Solis VP OPERATIONS 40.0
Highest
$265,169 $8,889 $274,058
Ifeanyi Egbunike DIR PHARMACY 40.0
Highest
$213,141 $32,640 $245,781
Samuel Friedel CHIEF OPHTHALMOLOGY 40.0
Highest
$295,806 $30,142 $325,948
Saverio Mirarchi MD PHYSICIAN ADVISOR 40.0
Highest
$368,721 $38,521 $407,242
Wanda Walker Hodges VICE PRESIDENT 40.0
Highest
$316,470 $19,799 $336,269
JOSEPH E HOFFMAN III Former SVP, CFO & TREASURER 0.0
$0 $8,544 $534,864
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 $273,118,273 $285,054,569 $194,503,830 $-11,936,296
2023 $269,081,850 $274,557,189 $222,601,516 $-5,475,339
2022 $242,974,659 $274,977,959 $202,079,505 $-32,003,300
2021 $231,437,180 $255,955,184 $215,036,533 $-24,518,004
2020 $232,603,375 $239,313,724 $220,577,450 $-6,710,349
2019 $232,130,272 $236,544,082 $173,655,417 $-4,413,810
2018 $239,403,658 $233,492,131 $182,081,598 $5,911,527
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