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Greater Baltimore Medical Center Land Corporation

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

EIN: 521413360 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

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Overview

What is Greater Baltimore Medical Center Land Corporation?

Greater Baltimore Medical Center Land Corporation is a nonprofit entity primarily focused on acquiring, managing, and generating income from property, specifically for GBMC Healthcare, Inc. and GBMC, Inc. The corporation's main objective is to acquire and hold title to properties, lease them out, and oversee their operation and development. As evidenced by the Physician Pavilion North in Baltimore, MD, this nonprofit has successfully executed its mission and collected income from leased properties. The organization's activities contribute to the overall operations and growth of its affiliated entities, GBMC Healthcare, Inc. and GBMC, Inc.


Official website here: www.none

Is Greater Baltimore Medical Center Land Corporation legitimate?

Greater Baltimore Medical Center Land Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Baltimore Medical Center Land Corporation 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: $54,415

For more financial information, click here


Official website here: www.none

What is the mission statement of Greater Baltimore Medical Center Land Corporation?

The Greater Baltimore Medical Center Land Corporation's mission is centered around supporting GBMC Healthcare, Inc. and GBMC, Inc. by acquiring, managing, operating, developing, and generating income from property. The corporation's primary objective is to acquire and hold title to property, oversee its management, operation, and development, and collect income from it. Notably, the corporation has leased and managed the Physician Pavilion North in Baltimore, contributing to its income.


Official website here: www.none

Who is the CEO of Greater Baltimore Medical Center Land Corporation?

John B Chessare Md is the Director/Ceo Gbmc Healthcare of Greater Baltimore Medical Center Land Corporation. The CEO's salary of Greater Baltimore Medical Center Land Corporation is $0 and their total compensation is $1,409,362.


Official website here: www.none

What is the revenue of Greater Baltimore Medical Center Land Corporation?

Greater Baltimore Medical Center Land Corporation's revenue in 2022 was $3,007,754.


Official website here: www.none

Who are the executives of Greater Baltimore Medical Center Land Corporation and what are their salaries?


Here are 2 key members and their salaries (Greater Baltimore Medical Center Land Corporation's CEO's salary is $0 and their total compensation is $1,409,362):


John B Chessare Md (Director/Ceo Gbmc Healthcare)
  • Compensation: $0
  • Related: $1,365,920
  • Other: $43,442
Ms Laurie R Beyer (Evp & Cfo Gbmc Healthcare)
  • Compensation: $0
  • Related: $636,428
  • Other: $121,338


Official website here: www.none

Where can I find the form 990 for Greater Baltimore Medical Center Land Corporation?

Greater Baltimore Medical Center Land Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.none

Learn more at the official website: www.none

Mission Statement of Greater Baltimore Medical Center Land Corporation

Greater Baltimore Medical Center Land Corporation, as a mission-driven entity, is primarily focused on acquiring, holding title to, leasing, operating, developing, and collecting income from property for GBMC Healthcare, Inc. and GBMC, Inc. Its primary objective is to serve these organizations by securing real and other property, managing and developing these assets, and generating revenue from them. The corporation has demonstrated this mission through its leasing and management of Physician Pavilion North in Baltimore, MD, which is a testament to its commitment to supporting the operational needs of GBMC Healthcare, Inc. and GBMC, Inc. by providing them with essential real estate resources.

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Impact




October, 2024

Greater Baltimore Medical Center Land Corporation plays a vital role in supporting healthcare infrastructure in Baltimore, Maryland. By acquiring, holding title to, and managing properties, it enhances the operational capabilities of GBMC Healthcare, Inc. and GBMC, Inc. This includes overseeing the development and leasing of critical facilities such as the Physician Pavilion North.

The corporation's activities ensure that essential healthcare resources are effectively managed and financially viable, contributing to the overall sustainability and growth of healthcare services in the region. By collecting income from strategically located properties, it helps fund the operations and improvements necessary for high-quality patient care. Through its efforts, Greater Baltimore Medical Center Land Corporation positively impacts the local healthcare landscape, ensuring that facilities remain equipped to meet community needs.




This information is meant to be a general summary of Greater Baltimore Medical Center Land Corporation. 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
$3,007,754 (2022)
Expenses
$4,847,275 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $3,007,754
  • Gross Receipts: $3,007,754

Assets and Liabilities:

  • Total Assets: $22,281,615
  • Total Liabilities: $20,382,481
  • Net Assets: $1,899,134

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROPERTY MANAGEMENT

Revenue

$2,931,995

PARKING REVENUE

Revenue

$75,759

Organization Details

Founding Year

1985

Principal Officer

John B Chessare Md

Main Address

6701 NORTH CHARLES STREET, BALTIMORE, MD, 21204

Website

www.none

NTEE Category

Code: E22Z - Health

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