LIFEBRIDGE HEALTH INC

EIN: 521402373 501(c)(3) Health Care

OWINGS MILLS, MD

Total Revenue
$346,646,456
Total Expenses
$355,477,981
Total Assets
$1,902,798,921
Net Assets
$1,089,058,491
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
MD
Phone
4106015653
Tax Period
2024-07-01 to 2025-06-30

LIFEBRIDGE HEALTH INC, founded in 1985, is a major nonprofit in the Health Care sector that reported $346.6M in total revenue in fiscal year 2024. Net assets of $1.1B represent 38 months of operating reserves.

Mission

TO SUPPORT THE CHARITABLE MISSIONS OF ITS SUBSIDIARIES, INCLUDING SINAI HOSPITAL OF BALTIMORE, NORTHWEST HOSPITAL CENTER, LEVINDALE HEBREW GERIATRIC CENTER AND HOSPITAL, CARROLL HOSPITAL CENTER, CENTER FOR HOPE, WEST BALTIMORE RENAISSANCE FOUNDATION, AND GRACE MEDICAL CENTER.

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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 (2024)

Revenue Breakdown

Contributions & Grants $258,684
Program Service Revenue $275,629,133
Investment Income $65,148,464
Other Revenue $5,610,175
TOTAL REVENUE $346,646,456

Expense Breakdown

Grants Paid $7,702,750
Salaries & Benefits $166,816,510
Fundraising Expenses $3,451,794
Program Expenses $62,933,873
Other Expenses $180,958,721
TOTAL EXPENSES $355,477,981

Year-over-Year Comparison

2024 2023 Change
Revenue $346,646,456 $358,865,792 0.0%
Expenses $355,477,981 $356,482,275 0.0%
Net Income $-8,831,525 $2,383,517 -4.7%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✓ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
28
Independent Members
26
Employees
2936
Volunteers
27

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
7
$7,460,157
Total Directors
28
$0
Key Employees
7
$7,715,574
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DIANE LEVIN SECRETARY 1.0
Officer Director
$0 $0 $0
JEFFREY WOTHERS ESQ VICE CHAIR 1.0
Officer Director
$0 $0 $0
LEE COPLAN CHAIR 1.0
Officer Director
$0 $0 $0
NUPUR PAREKH FLYNN TREASURER 1.0
Officer Director
$0 $0 $0
ALEC YEO DIRECTOR 1.0
Director
$0 $0 $0
ANDREW LEVINE DIRECTOR 1.0
Director
$0 $0 $0
BARRY LEVIN DIRECTOR 1.0
Director
$0 $0 $0
BRENDA MANDEL DIRECTOR 1.0
Director
$0 $0 $0
BRIAN GIBBONS DIRECTOR 1.0
Director
$0 $0 $0
BRIAN MOFFET DIRECTOR 1.0
Director
$0 $0 $0
CHARLES FISHER JR DIRECTOR 1.0
Director
$0 $0 $0
DAVID GOLDNER DIRECTOR 1.0
Director
$0 $0 $0
DENNIS WEINMAN DIRECTOR 1.0
Director
$0 $0 $0
DONALD KIRSON DIRECTOR 1.0
Director
$0 $0 $0
ETHAN SEIDEL DIRECTOR 1.0
Director
$0 $0 $0
HAROLD HACKERMAN DIRECTOR 1.0
Director
$0 $0 $0
JASON A BLAVATT ESQ DIRECTOR 1.0
Director
$0 $0 $0
JONATHAN DAVIDOV DIRECTOR 1.0
Director
$0 $0 $0
LAURA BLACK DIRECTOR 1.0
Director
$0 $0 $0
LYNN E ABESHOUSE DIRECTOR 1.0
Director
$0 $0 $0
MARTIN KP HILL DIRECTOR 1.0
Director
$0 $0 $0
MICHAEL RENBAUM DIRECTOR 1.0
Director
$0 $0 $0
MICHELE SHERMAK MD DIRECTOR 1.0
Director
$0 $0 $0
MIKE POSKO DIRECTOR 1.0
Director
$0 $0 $0
RENEE CHRISTOFF DIRECTOR 1.0
Director
$0 $0 $0
RONNIE FOOTLICK DIRECTOR 1.0
Director
$0 $0 $0
SCOTT LONDON DIRECTOR 1.0
Director
$0 $0 $0
TOM ZIRPOLI DIRECTOR 1.0
Director
$0 $0 $0
DAVID H KRAJEWSKI EXECUTIVE VP/CFO, PRESIDENT LB PARTNERS 40.0
Officer
$1,939,064 $47,616 $1,986,680
JASON H WEINER SVP AND GENERAL COUNSEL 40.0
Officer
$1,144,544 $217,432 $1,361,976
NEIL M MELTZER PRESIDENT/CEO 40.0
Officer
$4,061,168 $50,333 $4,111,501
DR MATTHEW POFFENROTH MD SVP, CHIEF PHYSICIAN EXECUTIVE 40.0
Key Emp
$1,337,179 $194,589 $1,531,768
EDGAR CASNER VP SUPPLY CHAIN 40.0
Key Emp
$403,862 $49,986 $453,848
JAMES ROBERGE VP CAPITAL IMPROVEMENTS & SUPPORT SERVICES 40.0
Key Emp
$605,333 $80,102 $685,435
LESLIE R SIMMONS EXECUTIVE VP, COO LBH 40.0
Key Emp
$1,953,912 $125,076 $2,078,988
LISA WHALEY SVP CHIEF HR OFFICER 40.0
Key Emp
$1,035,467 $54,861 $1,090,328
NANCY KANE VP FINANCIAL REPORTING 40.0
Key Emp
$424,851 $90,386 $515,237
TRESSA SPRINGMANN SVP/CIO LIFEBRIDGE HEALTH 40.0
Key Emp
$1,266,930 $93,040 $1,359,970
DANIEL DURAND CHIEF CLINICAL OFFICER 40.0
Highest
$847,427 $7,127 $854,554
JONATHAN THIERMAN CMIO, MED DIR VIRTUAL HOSPITAL 40.0
Highest
$990,219 $141,191 $1,131,410
JOSEPH KOONS SVP CHIEF REVENUE OFFICER 40.0
Highest
$637,487 $70,190 $707,677
JULIE COX VP DEVELOPMENT 40.0
Highest
$533,483 $101,148 $634,631
TERRI CARTER VP, HUMAN RESOURCES 40.0
Highest
$531,643 $20,807 $552,450
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 $346,646,456 $355,477,981 $1,902,798,921 $-8,831,525
2024 No data No data No data No data
2023 $317,429,520 $326,186,657 $1,649,757,182 $-8,757,137
2022 $286,151,816 $296,471,603 $1,636,500,312 $-10,319,787
2021 $264,714,796 $255,011,103 $1,819,873,419 $9,703,693
2020 $246,264,699 $251,737,394 $1,699,958,285 $-5,472,695
2019 $237,223,976 $235,909,574 $1,493,684,210 $1,314,402
2018 $218,362,048 $218,722,536 $1,447,205,438 $-360,488
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