LUMINIS HEALTH ANNE ARUNDEL MEDICAL CENTER INC (EIN 521169362) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1902

Legal Domicile

Principal Officer

VICTORIA BAYLESS

Phone

4434811308

Tax Period

2024-07-01 to 2025-06-30

LUMINIS HEALTH ANNE ARUNDEL MEDICAL CENTER INC, founded in 1902, is a major nonprofit in the Health Care sector that reported $759.6M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $679.6M left a modest 11% surplus.

Mission

TO ENHANCE THE HEALTH OF THE PEOPLE AND COMMUNITIES WE SERVE.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $40,222,183

Program Service Revenue $695,323,804

Investment Income $16,877,750

Other Revenue $7,221,926

TOTAL REVENUE $759,645,663

Expense Breakdown

Grants Paid $269,597

Salaries & Benefits $267,227,816

Fundraising Expenses $0

Program Expenses $446,885,632

Other Expenses $412,131,354

TOTAL EXPENSES $679,628,767

Year-over-Year Comparison

	2024	2023	Change
Revenue	$759,645,663	$672,149,206	+0.1%
Expenses	$679,628,767	$617,366,493	+0.1%
Net Income	$80,016,896	$54,782,713	+0.5%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

3786

Volunteers

250

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

$4,835,379

Total Directors

$4,746,798

Key Employees

$2,702,949

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VICTORIA BAYLESS	LH CEO/BOARD MEMBER	1.00	Officer Director	$0	$17,114	$3,409,414
JEFFREY GELFAND	BOARD MEMBER/MEDICAL DIRECTOR	1.00	Director	$0	$33,272	$1,337,384
ALAN J HYATT ESQ	CHAIR	1.00	Officer Director	$0	$0	$0
GARY MICHAEL	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JAMES CHAMBERS	TREASURER	1.00	Officer Director	$0	$0	$0
PATRICIA ARZUAGA	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID CADE	BOARD MEMBER	1.00	Director	$0	$0	$0
KEITH GHEZZI MD	BOARD MEMBER	1.00	Director	$0	$0	$0
ATHENA GROVES	BOARD MEMBER	1.00	Director	$0	$0	$0
NIELS HOLCH	BOARD MEMBER	1.00	Director	$0	$0	$0
GLORIA LAWLAH	BOARD MEMBER	1.00	Director	$0	$0	$0
MISTI MUKHERJEE	BOARD MEMBER	1.00	Director	$0	$0	$0
TIMOTHY NEWBERRY	BOARD MEMBER	1.00	Director	$0	$0	$0
JOYCE PHILLIP	BOARD MEMBER	1.00	Director	$0	$0	$0
LEISA C RUSSELL	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK WHITLOCK	BOARD MEMBER	1.00	Director	$0	$0	$0
TIMOTHY ADELMAN	LH GENERAL COUNSEL/SECRETARY	1.00	Officer	$0	$77,863	$788,850
STEPHANIE SCHNITTGER	LH CFO	1.00	Officer	$0	$54,647	$637,115
MITCHELL SCHWARTZ MD	CHIEF PHYSICIAN EXECUTIVE	1.00	Key Emp	$0	$41,409	$1,094,436
SHERRY PERKINS PHD RN FAAN	LHAAMC PRESIDENT	1.00	Key Emp	$993,956	$18,825	$1,012,781
JENNIFER HARRINGTON	CHIEF OPERATING OFFICER	40.00	Key Emp	$542,042	$53,690	$595,732
STEPHEN SELINGER	CHIEF MEDICAL OFFICER - LHAAMC	40.00	Highest	$657,281	$19,545	$676,826
CHRISTINE A FROST	CHIEF NURSING OFFICER	40.00	Highest	$412,797	$33,682	$446,479
DAVID DJAJAPUTRA	CLINICAL MEDICAL PHYSICIST	40.00	Highest	$272,437	$32,356	$304,793
MARY CLANCE MD	PHYSICIAN / FORMER BOARD MEMBER	40.00	Highest	$283,412	$12,657	$296,069
EILEEN B MACDONALD	UTILIZATION REVIEW PHYSICIAN ADVISOR	40.00	Highest	$344,945	$28,658	$373,603
STEPHEN CATTANEO	FORMER BOARD MEMBER/ PHYSICIAN	0.00		$0	$42,344	$1,123,046
DOUGLAS X WOMER JR	FORMER LH CFO	0.00		$0	$10,867	$370,879
ROBERT REILLY	FORMER CFO	0.00		$0	$0	$139,667
KEVIN L SMITH	FORMER LH CFO	0.00		$0	$3,333	$107,755

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	$759,645,663	$679,628,767	$1,203,554,316	$80,016,896
2024	No data	No data	No data	No data
2023	$652,457,964	$637,871,673	$1,018,477,918	$14,586,291
2022	$685,193,767	$674,029,088	$1,001,929,184	$11,164,679
2021	$650,299,156	$590,374,150	$1,153,128,466	$59,925,006
2020	$584,759,712	$579,327,955	$992,420,560	$5,431,757
2019	$587,679,684	$556,693,792	$947,732,215	$30,985,892
2018	$568,460,110	$530,582,790	$950,241,210	$37,877,320

LUMINIS HEALTH ANNE ARUNDEL MEDICAL CENTER INC