LUMINIS HEALTH DOCTORS COMMUNITY MEDICAL CENTER FOUNDATION INC

EIN: 521712338 501(c)(3) Health Care

ANNAPOLIS, MD

Total Revenue
$691,298
Total Expenses
$2,588,809
Total Assets
$2,233,090
Net Assets
$-2,130,774
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
MD
Principal Officer
VICTORIA BAYLESS
Phone
4434811308
Tax Period
2024-07-01 to 2025-06-30

LUMINIS HEALTH DOCTORS COMMUNITY MEDICAL CENTER FOUNDATION INC, founded in 1991, is a small nonprofit in the Health Care sector that reported $691K in total revenue in fiscal year 2024. Revenue surged 37% from the prior year, signaling strong growth momentum. Expenses of $2.6M exceeded revenue, resulting in a 274% operating deficit.

Mission

TO ENHANCE THE HEALTH OF THE PEOPLE AND COMMUNITIES WE SERVE.THE ORGANIZATION PROVIDES FINANCIAL SUPPORT TO ITS TAX-EXEMPT PARENT, LUMINIS HEALTH DOCTORS COMMUNITY MEDICAL CENTER, INC. IN SUPPORT FOR THE HOSPITAL'S TAX-EXEMPT PURPOSE. LUMINIS HEALTH DOCTORS COMMUNITY MEDICAL CENTER FOUNDATION, INC. IS A TYPE 1 SUPPORTING ORGANIZATION UNDER SECTION 509(A)(3) FOR THE HOSPITAL.

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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 $664,376
Program Service Revenue $0
Investment Income $34
Other Revenue $26,888
TOTAL REVENUE $691,298

Expense Breakdown

Grants Paid $1,347,588
Salaries & Benefits $598,257
Fundraising Expenses $1,091,998
Program Expenses $1,347,588
Other Expenses $493,964
TOTAL EXPENSES $2,588,809

Year-over-Year Comparison

2024 2023 Change
Revenue $691,298 $505,640 +0.4%
Expenses $2,588,809 $2,467,850 +0.0%
Net Income $-1,897,511 $-1,962,210 0.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
7
Employees
6
Volunteers
19

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
$4,046,529
Total Directors
10
$4,325,186
Key Employees
1
$340,705
Highest Compensated
1
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
DENEEN RICHMOND LHDCMC PRESIDENT/BOARD MEMBER 1.00
Director
$0 $83,559 $915,772
DOMINIC MAGNOLIA CHAIRMAN 1.00
Officer Director
$0 $0 $0
NORMAN RIVERA SECRETARY (PART YEAR) 1.00
Officer Director
$0 $0 $0
TIMOTHY J ADAMS BOARD MEMBER 1.00
Director
$0 $0 $0
PATRICIA ARZUAGA BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES ELLIOTT MD BOARD MEMBER 1.00
Director
$0 $0 $0
COMMISSIONER SYLVIA JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
DANA BREWINGTON STEBBINS ESQ BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN WHEELER BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHANIE SCHNITTGER LH CFO/TREASURER 1.00
Officer
$0 $54,647 $637,115
DAWN L RIDLEY VICE PRESIDENT - DEVELOPMENT 40.00
Key Emp
$313,413 $27,292 $340,705
DONESHA PEAK DIRECTOR - MAJOR GIFTS 40.00
Highest
$153,463 $16,616 $170,079
DOUGLAS WOMER FORMER LH CFO/TREASURER 0.00
$0 $10,867 $370,879
KEVIN SMITH FORMER LH CFO/TREASURER 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 $691,298 $2,588,809 $2,233,090 $-1,897,511
2024 $505,640 $2,467,850 $2,131,874 $-1,962,210
2023 $1,253,683 $734,860 $3,238,544 $518,823
2022 $960,440 $945,840 $1,992,593 $14,600
2021 $858,564 $766,790 $1,132,371 $91,774
2019 $645,525 $695,452 $1,301,161 $-49,927
2018 $525,265 $597,974 $661,751 $-72,709
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