HH MEDSTAR HEALTH INC

EIN: 521542230 501(c)(3) Health Care

COLUMBIA, MD

Total Revenue
$2,143,582,040
Total Expenses
$2,215,463,386
Total Assets
$473,458,599
Net Assets
$37,125,229
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
MD
Principal Officer
KENNETH SAMET
Phone
4107726721
Tax Period
2023-07-01 to 2024-06-30

HH MEDSTAR HEALTH INC, founded in 1987, is a large national nonprofit in the Health Care sector that reported $2.1B in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

PLAN, DEVELOP, COORDINATE, DIRECT AND MANAGE AN INTEGRATED HEALTHCARE SYSTEM.

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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 $2,142,516
Program Service Revenue $1,692,430,640
Investment Income $1,279,534
Other Revenue $447,729,350
TOTAL REVENUE $2,143,582,040

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,509,779,852
Fundraising Expenses $0
Program Expenses $1,813,770,394
Other Expenses $705,683,534
TOTAL EXPENSES $2,215,463,386

Year-over-Year Comparison

2023 2022 Change
Revenue $2,143,582,040 $1,892,413,752 +0.1%
Expenses $2,215,463,386 $1,936,243,925 +0.1%
Net Income $-71,881,346 $-43,830,173 +0.6%
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
4
Independent Members
N/A
Employees
7844
Volunteers
N/A

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
$14,416,457
Total Directors
4
$14,416,457
Key Employees
1
$2,463,177
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENNETH A SAMET PRESIDENT/DIRECTOR 1.00
Officer Director
$0 $106,087 $7,189,835
SUSAN NELSON DIRECTOR/VP/TREASURER 1.00
Officer Director
$0 $45,509 $2,252,766
OLIVER M JOHNSON DIRECTOR/VP/SECRETARY 1.00
Officer Director
$0 $43,213 $2,084,181
STEPHEN RT EVANS MD DIRECTOR/VICE PRESIDENT 1.00
Officer Director
$0 $63,500 $2,889,675
EDWARD WOO MD MMG PRESIDENT 40.00
Key Emp
$2,416,184 $46,993 $2,463,177
EDWARD AULISI PHYSICIAN 40.00
Highest
$3,303,590 $32,889 $3,336,479
EVAN ARGINTAR PHYSICIAN 40.00
Highest
$2,258,900 $19,708 $2,278,608
THOMAS MACGILLIVRAY PHYSICIAN 40.00
Highest
$2,206,281 $18,858 $2,225,139
OLIVER TANNOUS PHYSICIAN 40.00
Highest
$1,885,534 $18,373 $1,903,907
ATUL SHAH PHYSICIAN 40.00
Highest
$1,870,281 $27,455 $1,897,736
ERIC R WAGNER FORMER VICE PRESIDENT/DIRECTOR 1.00
$0 $26,463 $2,055,549
MICHAEL J CURRAN FORMER TREASURER 1.00
$0 $10,769 $632,370
RICHARD GOLDBERG FORMER MMG PRESIDENT 40.00
$443,502 $20,593 $464,095
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 $2,143,582,040 $2,215,463,386 $473,458,599 $-71,881,346
2023 $1,892,413,752 $1,936,243,925 $444,322,279 $-43,830,173
2022 $1,353,798,609 $1,395,825,298 $373,125,523 $-42,026,689
2021 $865,504,764 $923,753,630 $303,491,180 $-58,248,866
2020 $721,475,371 $776,088,792 $274,382,303 $-54,613,421
2019 $704,261,099 $746,397,909 $212,143,612 $-42,136,810
2018 $549,203,746 $595,997,722 $124,886,779 $-46,793,976
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