Memorial Hospital Foundation Inc

EIN: 521282080 501(c)(3) Health Care

Easton, MD

Total Revenue
$65,714,687
Total Expenses
$1,359,235
Total Assets
$162,386,932
Net Assets
$161,537,456
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
MD
Phone
4108221000
Tax Period
2024-07-01 to 2025-06-30

Memorial Hospital Foundation Inc, founded in 1982, is a mid-sized nonprofit in the Health Care sector that reported $65.7M in total revenue in fiscal year 2024. Revenue surged 1078% from the prior year, signaling strong growth momentum. The organization ran a surplus of $64.4M, a strong 98% operating margin.

Mission

MEMORIAL HOSPITAL FOUNDATION THROUGH ITS PHILANTHROPIC EFFORTS WILL SUPPORT SHORE MEDICAL CENTER AT EASTON.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $57,120,128
Program Service Revenue $0
Investment Income $8,550,445
Other Revenue $44,114
TOTAL REVENUE $65,714,687

Expense Breakdown

Grants Paid $466,144
Salaries & Benefits $449,571
Fundraising Expenses $0
Program Expenses $920,905
Other Expenses $443,520
TOTAL EXPENSES $1,359,235

Year-over-Year Comparison

2024 2023 Change
Revenue $65,714,687 $5,580,099 +10.8%
Expenses $1,359,235 $6,693,813 -0.8%
Net Income $64,355,452 $-1,113,714 -58.8%
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

Sign In

Governance

Voting Members
11
Independent Members
8
Employees
N/A
Volunteers
92

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
$1,302,013
Total Directors
11
$1,632,373
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES CAPUTE Chairman 1.0
Officer Director
$0 $0 $0
KEITH MCMAHAN Secretary 1.0
Officer Director
$0 $0 $0
KENNETH D KOZEL President and CEO, UMSRH 1.0
Officer Director
$0 $43,114 $765,691
PAUL S NICHOLSON Treasurer 1.0
Officer Director
$0 $63,217 $536,322
W MOORHEAD VERMILYE Vice Chairman 1.0
Officer Director
$0 $0 $0
DAVID NAGEL Board Member 1.0
Director
$0 $0 $0
JACK STOLTZ CPA Board Member 1.0
Director
$0 $0 $0
JACQUELINE H SMITH Board Member 1.0
Director
$0 $0 $0
LIZETTE HANNEGAN Board Member 1.0
Director
$0 $0 $0
REBECCA BAIR Board Member 1.0
Director
$0 $40,961 $330,360
WILLIAM MUNN Board Member 1.0
Director
$0 $0 $0
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 $65,714,687 $1,359,235 $162,386,932 $64,355,452
2024 No data No data No data No data
2023 $3,426,955 $1,145,839 $95,208,663 $2,281,116
2022 $3,657,952 $856,933 $87,661,989 $2,801,019
2021 $5,933,342 $1,362,731 $97,631,298 $4,570,611
2020 $7,187,601 $3,329,647 $80,817,618 $3,857,954
2019 $3,281,304 $6,212,149 $76,114,784 $-2,930,845
2018 $6,938,993 $2,258,217 $79,788,837 $4,680,776
Explore More Nonprofits
→Top 100 Nonprofits in Maryland →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Memorial Hospital Foundation Inc with other nonprofits in Maryland and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.