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Meritus Healthcare Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010639265 ✦ Hagerstown, MD ✦ Designated as a 501(c)(3)

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Overview

What is Meritus Healthcare Foundation Inc?

Meritus Healthcare Foundation Inc is a dedicated nonprofit organization, established to provide support and assistance to Meritus Medical Center, Inc. (MMC). Operating with a charitable and educational purpose, the foundation's primary focus is on enhancing the quality of healthcare services provided by MMC. Through their fund development, financial, and various other aid, the Meritus Healthcare Foundation (MHF) plays a crucial role in ensuring MMC's continued success in delivering top-notch healthcare services to its community.


Official website here: www.meritushealth.com

Is Meritus Healthcare Foundation Inc legitimate?

Meritus Healthcare Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Meritus Healthcare Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.meritushealth.com

What is the mission statement of Meritus Healthcare Foundation Inc?

The Meritus Healthcare Foundation Inc. is dedicated to providing aid in the form of fund development, financial assistance, and other support to Meritus Medical Center Inc. The primary objective of the foundation is to contribute to the enhancement of quality healthcare and related services at Meritus Medical Center Inc., operating for charitable and educational purposes. The Meritus Healthcare Foundation's activities aim to support the medical center in its mission, ultimately benefiting the patients and community it serves.


Official website here: www.meritushealth.com

Who is the CEO of Meritus Healthcare Foundation Inc?

Maulik Joshi Drph is the Principal Officer of Meritus Healthcare Foundation Inc. The CEO's salary of Meritus Healthcare Foundation Inc is $0 and their total compensation is $1,149,525.


Official website here: www.meritushealth.com

What is the revenue of Meritus Healthcare Foundation Inc?

Meritus Healthcare Foundation Inc's revenue in 2022 was $2,002,105.


Official website here: www.meritushealth.com

Who are the executives of Meritus Healthcare Foundation Inc and what are their salaries?

There 135 volunteers at Meritus Healthcare Foundation Inc.


Here are 17 key members and their salaries (Meritus Healthcare Foundation Inc's CEO's salary is $0 and their total compensation is $1,149,525):


Maulik Joshi Dr Ph (President & Ceo)
  • Compensation: $0
  • Related: $953,794
  • Other: $195,731
John Newby Md (Director)
  • Compensation: $0
  • Related: $364,022
  • Other: $0
Matthew Wagner Md (Director)
  • Compensation: $0
  • Related: $180,627
  • Other: $19,713
David Alexander (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stefanie Basalik Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Lampton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Mullendore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geordie Newman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Rappaport (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael J Saylor Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Summers (Director)
  • Compensation: $0
  • Related: $5,681
  • Other: $0
Reggie Turner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kirk Stiles (Director (Thru 12/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas T Chan (Treasurer)
  • Compensation: $0
  • Related: $570,102
  • Other: $75,880
Lynn Haines (Vp, Legal Services/Secretary)
  • Compensation: $0
  • Related: $245,564
  • Other: $52,562
Carolyn Simonsen (Former Executive Vp)
  • Compensation: $0
  • Related: $133,070
  • Other: $229


Official website here: www.meritushealth.com

Where can I find the form 990 for Meritus Healthcare Foundation Inc?

Meritus Healthcare Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.meritushealth.com

Learn more at the official website: www.meritushealth.com

Mission Statement of Meritus Healthcare Foundation Inc

Meritus Healthcare Foundation Inc is a nonprofit organization dedicated to providing support for Meritus Medical Center Inc. Its mission is operated exclusively for charitable and educational purposes, with a focus on enhancing the quality of healthcare and related services provided by Meritus Medical Center. The foundation strives to raise funds, manage finances, and offer various forms of assistance to ensure the medical center can deliver exceptional care to its patients. By working closely with Meritus Medical Center, Meritus Healthcare Foundation Inc plays a crucial role in supporting the center's mission of delivering high-quality healthcare services to its community.

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Impact




October, 2024

Meritus Healthcare Foundation Inc plays a crucial role in enhancing health services by providing essential fund development, financial support, and resources to Meritus Medical Center. Its efforts are focused on ensuring that the community has access to high-quality healthcare and related services. Through charitable initiatives and educational programs, the foundation reinforces the operational capabilities of the medical center, ultimately leading to improved patient care and health outcomes in Hagerstown, MD. By investing in healthcare infrastructure and programs, Meritus Healthcare Foundation Inc directly contributes to the well-being of the community it serves.




This information is meant to be a general summary of Meritus Healthcare Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,002,105 (2022)
Expenses
$2,612,289 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,253,878
  • Gross Receipts: $12,580,527

Assets and Liabilities:

  • Total Assets: $5,171,160
  • Total Liabilities: $42,749
  • Net Assets: $5,128,411

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Organization Details

Founding Year

2002

Principal Officer

Maulik Joshi Drph

Main Address

11116 MEDICAL CAMPUS ROAD, HAGERSTOWN, MD, 21742

NTEE Category

Code: E80 - Health

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