Nonprofit · EIN 26-2366542
CHESAPEAKE REGIONAL MEDICAL GROUP
Tax-exempt · CHESAPEAKE, VA 23320
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $22,158,239 | $45,646,564 | -$23,488,325 | $10,411,050 | $147,997,527 | -$137,586,477 |
| June 30, 2024 | 990 | $19,995,730 | $40,019,451 | -$20,023,721 | $10,349,651 | $124,419,984 | -$114,070,333 |
| June 30, 2023 | 990 | $18,037,107 | $34,551,510 | -$16,514,403 | $11,243,540 | $105,288,971 | -$94,045,431 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $21,277,131
- Investment income
- $0
- Other revenue
- $881,108
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $32,999,512
- Salaries, compensation and benefits (total)
- $37,241,358
- Professional fundraising fees
- $0
- Legal fees
- $2,070
- Depreciation
- $1,528,934
- Program services (functional)
- $41,306,996
- Management and general (functional)
- $4,339,568
Balance sheet and other
- Total assets, start of year
- $10,349,651
- Total assets, end of year
- $10,411,050
- Total liabilities, end of year
- $147,997,527
- Net assets, end of year
- -$137,586,477
- Land, buildings and equipment
- $2,310,765
- Net assets without donor restrictions
- -$137,586,477
- Gross receipts
- $22,158,239
- Employees
- 276
- Volunteers
- 0
- Year formed
- 2007
- State of legal domicile
- VA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARY IN-PING HUANG COBB | PHYSICIAN Highest-paid employee | 40 | $1,186,824 | $0 | $0 |
| REESE JACKSON JD MHA FACHE | CEO & PRESIDENT Officer | 0.1 | $0 | $1,029,040 | $55,200 |
| BERNARDO J ORDONEZ | PHYSICIAN Highest-paid employee | 40 | $1,030,754 | $0 | $0 |
| ADAM J MEYERS | PHYSICIAN Highest-paid employee | 40 | $818,343 | $0 | $0 |
| EDWARD COLEMAN | PHYSICIAN Highest-paid employee | 40 | $740,002 | $0 | $0 |
| STEVE MCDONNELL | CFO Officer | 0.1 | $0 | $570,704 | $55,200 |
| ASHESH N BUCH | PHYSICIAN Highest-paid employee | 40 | $618,750 | $0 | $0 |
| HAROLD MARIONEAUX | TREASURER Trustee or director | 2 | $0 | $14,287 | $0 |
| ANGELA FEREBEE MD | CHAIR Trustee or director | 2 | $0 | $11,000 | $0 |
| DEE GILMORE | VICE CHAIR Trustee or director | 2 | $0 | $11,000 | $0 |
| DAVID PARADISE | SECRETARY Trustee or director | 2 | $0 | $10,000 | $0 |
| JOHN MAXWELL | SECRETARY/TREASURER (THRU 01/25) Trustee or director | 2 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARY IN-PING HUANG COBB | PHYSICIAN Highest-paid employee | 40 | $972,956 | $156,088 | $0 |
| REESE JACKSON | CEO & PRESIDENT Officer | 0.1 | $0 | $916,571 | $52,800 |
| ADAM J MEYERS | PHYSICIAN Highest-paid employee | 40 | $871,097 | $41,375 | $0 |
| BERNARDO J ORDONEZ | PHYSICIAN Highest-paid employee | 40 | $850,911 | $16,000 | $0 |
| AARTI S DESAI | PHYSICIAN Highest-paid employee | 40 | $587,800 | $111,576 | $0 |
| ASHESH N BUCH | PHYSICIAN Highest-paid employee | 40 | $603,942 | $24,250 | $0 |
| STEVE MCDONNELL | CHIEF FINANCIAL OFFICER Officer | 0.1 | $0 | $505,980 | $52,800 |
| ANGELA FEREBEE MD | CHAIR Trustee or director | 2 | $0 | $12,500 | $0 |
| JOHN MAXWELL | SECRETARY/TREASURER Trustee or director | 2 | $0 | $12,500 | $0 |
| DEE GILMORE | VICE CHAIR Trustee or director | 2 | $0 | $11,500 | $0 |
| KRISTI WOOTEN | CHAIR (THRU 9/24) Trustee or director | 2 | $0 | $0 | $0 |
| ROBERT SCHNARRS | VICE CHAIR (THRU 4/25) Trustee or director | 2 | $0 | $0 | $0 |
| BAXTER ENNIS | SECRETARY (THRU 12/31) Trustee or director | 2 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 11 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| REESE JACKSON | CEO & PRESIDENT Officer | 0.1 | $0 | $810,353 | $48,800 |
| MARY IN-PING HUANG COBB | PHYSICIAN Highest-paid employee | 40 | $803,924 | $0 | $0 |
| ADAM J MEYERS | PHYSICIAN Highest-paid employee | 40 | $712,645 | $0 | $0 |
| ANTONIO J RUIZ MD | PHYSICIAN Highest-paid employee | 40 | $670,179 | $0 | $0 |
| AARTI S DESAI | PHYSICIAN Highest-paid employee | 40 | $641,438 | $0 | $0 |
| STEVE MCDONNELL | CHIEF FINANCIAL OFFICE Officer | 0.1 | $0 | $490,578 | $48,800 |
| CHARLES C ASHBY JR | PHYSICIAN Highest-paid employee | 40 | $534,846 | $0 | $0 |
| ROBERT H SCHNARRS MD | VICE CHAIR Trustee or director | 2 | $0 | $3,000 | $0 |
| KRISTI A WOOTEN ESQ | CHAIR Trustee or director | 2 | $0 | $2,750 | $0 |
| ANGELA FEREBEE MD | TREASURER Trustee or director | 2 | $0 | $2,750 | $0 |
| BAXTER ENNIS | SECRETARY Trustee or director | 2 | $0 | $2,500 | $0 |
Address and contacts
- Address (IRS master file)
- 736 BATTLEFIELD BLVD N, CHESAPEAKE, VA 23320-4941
- In care of
- % STACEY CORMIER
- Principal officer (990 for 2024)
- REESE JACKSON, 736 BATTLEFIELD BLVD NORTH, CHESAPEAKE, VA 23320
- Signed the 990
- REESE JACKSON, CEO & PRESIDENT
- Phone
- (757) 312-8121
- Website
- WWW.CHESAPEAKEREGIONAL.COM
- Return prepared by
- BDO USA
Mission
THE MISSION OF CHESAPEAKE REGIONAL MEDICAL GROUP IS TO ATTRACT HARD-TO-FIND PHYSICIANS TO THE CHESAPEAKE, VIRGINIA AREA AND RETAIN THEM WITH PRACTICE ADMINISTRATION ASSISTANCE.
Program accomplishments
- PROVIDE PHYSICIAN SERVICES TO CHESAPEAKE, VIRGINIA AREA.Expenses $41,306,996 · revenue $22,158,239
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 26-2366542
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2011
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E11)
- Assets (IRS master file)
- $10,411,050
- Income (IRS master file)
- $22,158,239
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $22,158,239 | $45,646,564 | $10,411,050 | IRS |
| 990 | June 2024 | $19,995,730 | $40,019,451 | $10,349,651 | IRS |
| 990 | June 2023 | $18,037,107 | $34,551,510 | $11,243,540 | XML |
| 990 | June 2022 | $15,896,081 | $31,107,183 | $5,882,507 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-2366542).
Questions about CHESAPEAKE REGIONAL MEDICAL GROUP
- What is the EIN of CHESAPEAKE REGIONAL MEDICAL GROUP?
- The employer identification number (EIN) of CHESAPEAKE REGIONAL MEDICAL GROUP is 26-2366542.
- Is CHESAPEAKE REGIONAL MEDICAL GROUP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to CHESAPEAKE REGIONAL MEDICAL GROUP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CHESAPEAKE REGIONAL MEDICAL GROUP file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CHESAPEAKE REGIONAL MEDICAL GROUP due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CHESAPEAKE REGIONAL MEDICAL GROUP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of CHESAPEAKE REGIONAL MEDICAL GROUP?
- The 990 for the year ended June 30, 2025 names REESE JACKSON.
- Who are the officers and directors of CHESAPEAKE REGIONAL MEDICAL GROUP?
- The 990 for the year ended June 30, 2025 lists 12 people; 5 received compensation from the organization, the highest $1,186,824 (MARY IN-PING HUANG COBB, PHYSICIAN).
- How much revenue does CHESAPEAKE REGIONAL MEDICAL GROUP have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $22,158,239, expenses of $45,646,564 and total assets of $10,411,050 at year end.
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