Nonprofit · EIN 52-0410730
MEDICAL & CHIRURGICAL FACULTY OF MARYLAND
Tax-exempt · BALTIMORE, MD 21201
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $6,236,948 | $5,582,977 | $653,971 | $18,739,081 | $1,139,493 | $17,599,588 |
| December 31, 2023 | 990 | $6,957,256 | $6,066,248 | $891,008 | $18,585,003 | $1,509,929 | $17,075,074 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $60,000
- Program service revenue
- $4,388,297
- Investment income
- $948,762
- Net rental income
- $123,851
- Net gain from sales of assets
- $763,132
- Other revenue
- $839,889
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $523,782
- Other salaries and wages
- $2,101,059
- Salaries, compensation and benefits (total)
- $3,152,771
- Professional fundraising fees
- $0
- Legal fees
- $9,778
- Accounting fees
- $32,435
- Travel
- $56,388
- Depreciation
- $155,458
Balance sheet and other
- Total assets, start of year
- $18,585,003
- Total assets, end of year
- $18,739,081
- Total liabilities, end of year
- $1,139,493
- Net assets, end of year
- $17,599,588
- Land, buildings and equipment
- $1,300,990
- Publicly traded securities
- $9,120,421
- Net assets without donor restrictions
- $6,896,068
- Net assets with donor restrictions
- $10,703,520
- Gross unrelated business income
- $477,155
- Gross receipts
- $8,146,203
- Employees
- 72
- Volunteers
- 0
- Year formed
- 1944
- State of legal domicile
- MD
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GENE M RANSOM III | CHIEF EXECUTIVE OFFICER Trustee or director, Officer | 35 | $421,648 | $53,611 |
| DEBRA C SCIABARRASI | CHIEF OPERATING OFFICER Officer | 35 | $90,099 | $46,356 |
| ERIC WARGOTZ | PRESIDENT Trustee or director, Officer | 5 | $1,667 | $0 |
| GURDEEP CHHABRA MD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| LORALIE D MA MD | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| MICHELE MANAHAN MD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| VASANT DATTA MD CMD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| RENE DESMARAIS MD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| CAROLYN B O'CONOR MD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| PADAMINI RANASINGHE MD | IMMEDIATE PAST PRESIDENT Trustee or director, Officer | 5 | $0 | $0 |
| CLEMENT S BANDA MD | SPEAKER OF THE HOUSE Trustee or director | 5 | $0 | $0 |
| RENEE BOVELLE MD | VICE SPEAKER OF THE HOUSE Trustee or director | 2 | $0 | $0 |
| ERINN E MAURY MD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ROBERT W THOMSEN MD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JAMES M WILLIAMS DO | TRUSTEE Trustee or director | 5 | $0 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANNE BANFIELD MD | TRUSTEE Trustee or director | 2 | $0 |
| DENNIS D DEY MD PHD | TRUSTEE Trustee or director | 2 | $0 |
| JAMES WILLIAMS DO | PRESIDENT ELECT Trustee or director | 2 | $0 |
| CHUKWUEMEKA U OBIDI MD | TRUSTEE Trustee or director | 2 | $0 |
| MANNA VARGHESE MD | TREASURER Trustee or director | 2 | $0 |
| WHITNEY STUARD SAMBHARIYA MD | TRUSTEE Trustee or director | 2 | $0 |
| CAT CHOI | TRUSTEE Trustee or director | 2 | $0 |
| SETU MEHTA | TRUSTEE Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 23 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GENE M RANSOM III | CHIEF EXECUTIVE OFFICER Trustee or director, Officer | 35 | $408,920 | $40,670 |
| DEBRA C SCIABARRASI | CHIEF OPERATING OFFICER Highest-paid employee | 16 | $141,133 | $41,505 |
| JAMES J YORK MD | IMMEDIATE PAST PRESIDENT Trustee or director | 2 | $35,000 | $0 |
| BENJAMIN LOWENTRITT MD | PRESIDENT Trustee or director, Officer | 5 | $15,000 | $0 |
| LORALIE D MA MD | TREASURER Trustee or director, Officer | 5 | $9,667 | $0 |
| GURDEEP CHHABRA MD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MICHELE MANAHAN MD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| J MICHAEL NEIHOFF MD | SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| VASANT DATTA MD CMD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| RENE DESMARAIS MD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| CAROLYN B O'CONOR MD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| PADAMINI RANASINGHE MD | PRESIDENT ELECT Trustee or director, Officer | 5 | $0 | $0 |
| CLEMENT S BANDA MD | SPEAKER OF THE HOUSE Trustee or director | 2 | $0 | $0 |
| RENEE BOVELLE MD | VICE SPEAKER OF THE HOUSE Trustee or director | 2 | $0 | $0 |
| ERINN E MAURY MD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ROBERT W THOMSEN MD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JAMES M WILLIAMS DO | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ANNE BANFIELD MD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ANDREW J OH MD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DENNIS D DEY MD PHD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| KAREN DIONESOTES MD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ROSE PAGANO | TRUSTEE Trustee or director | 2 | $0 | $0 |
| KAREN QI | TRUSTEE Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1211 CATHEDRAL ST, BALTIMORE, MD 21201-5516
- Principal officer (990 for 2024)
- GENE M RANSOM III, 1211 CATHEDRAL STREET, BALTIMORE, MD 21201
- Signed the 990
- GENE M RANSOM III, CEO
- Phone
- (410) 539-0872
- Website
- WWW.MEDCHI.ORG
- Return prepared by
- FITZPATRICK LEARY & SZARKOLLC
Mission
THE ORGANIZATION'S MISSION IS TO SERVE AS THE FOREMOST ADOVCATE AND RESOURCE FOR PHYSICIANS, THEIR PATIENTS, AND THE PUBLIC HEALTH. MEDCHI STRIVES TO ACCOMPLISH THIS MISSION BY PROMOTING MEDICAL SCIENCE AND KNOWLEDGE, ENHANCING PHYSICIAN-PATIENT RELATIONSHIPS, ACHIEVING THE HIGHEST STANDARDS FOR MEDICAL EDUCATION AND MEDICAL ETHICS, PROMOTE PHYSICIAN COLLEGIALITY, AND SECURE UNIVERSAL ACCESS TO HEALTH CARE.
Program accomplishments
- THE ORGANIZATIONS MEMBERSHIP SERVICES PROGRAM ENCOMPASSES ITS GENERAL ACTIVITIES AIMED AT EXTENDING MEDICAL KNOWLEDGE AMONG PHYSICIANS AND THE PUBLIC; MAINTAINING AND ELEVATING THE STANDARDS OF MEDICAL EDUCATION AND MEDICAL ETHICS; SECURING THE ENACTMENT OF JUST LAWS RELATING TO THE PRACTICE OF MEDICINE AND THE HEALTH OF THE PUBLIC; AND PROMOTING FRIENDLY RELATIONS AMONG PHYSICIANS. INCLUDED IN THESE ACTIVITIES ARE GENERAL ACTIVITIES THAT AID THE ORGANIZATION IN SERVING AS AN ADVOCATE FOR PATIENTS BY PROMOTING ACCESS TO APPROPRIATE, AFFORDABLE QUALITY MEDICAL CARE AND AS THE RESOURCE AND SPOKESPERSON FOR MEDICINE IN MARYLAND.
- THE MEDICAL PRACTICE TRANSFORMATION PROGRAM HELPS PHYSICIANS NAVIGATE THROUGH THE CHANGING HEALTHCARE LANDSCAPE. THE MAIN CONTRACT IS WITH CENTER FOR MEDICAID AND MEDICARE SERVICES. CARE TEAMS ARE DEPLOYED TO FURNISH CARE COORDINATION SERVICES TO THE MARYLAND PRIMARY CARE PROGRAM BENEFICIARIES TO HELP THE MDPCP MEET CARE TRANSFORMATION REQUIREMENTS.
- THE PUBLIC HEALTH PROGRAM EXTENDS PRACTICE KNOWLEDGE AMONG PHYSICIANS AND HEALTH KNOWLEDGE TO THE PUBLIC THAT IMPROVES QUALITY OF CARE AND HEALTH, BY CONDUCTING SPECIFIC ACTIVITIES IN EXCHANGE FOR ASSETS RECEIVED FROM GRANTORS.
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 52-0410730
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1947
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $18,739,081
- Income (IRS master file)
- $8,146,203
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $6,236,948 | $5,582,977 | $18,739,081 | IRS |
| 990 | December 2023 | $6,957,256 | $6,066,248 | $18,585,003 | XML |
| 990 | December 2022 | $5,177,085 | $5,016,908 | $16,443,628 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 52-0410730).
Questions about MEDICAL & CHIRURGICAL FACULTY OF MARYLAND
- What is the EIN of MEDICAL & CHIRURGICAL FACULTY OF MARYLAND?
- The employer identification number (EIN) of MEDICAL & CHIRURGICAL FACULTY OF MARYLAND is 52-0410730.
- Is MEDICAL & CHIRURGICAL FACULTY OF MARYLAND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1947.
- Are donations to MEDICAL & CHIRURGICAL FACULTY OF MARYLAND tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MEDICAL & CHIRURGICAL FACULTY OF MARYLAND 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 MEDICAL & CHIRURGICAL FACULTY OF MARYLAND due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MEDICAL & CHIRURGICAL FACULTY OF MARYLAND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MEDICAL & CHIRURGICAL FACULTY OF MARYLAND?
- The 990 for the year ended December 31, 2024 names GENE M RANSOM III.
- Who are the officers and directors of MEDICAL & CHIRURGICAL FACULTY OF MARYLAND?
- The 990 for the year ended December 31, 2024 lists 23 people; 3 received compensation from the organization, the highest $421,648 (GENE M RANSOM III, CHIEF EXECUTIVE OFFICER).
- How much revenue does MEDICAL & CHIRURGICAL FACULTY OF MARYLAND have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $6,236,948, expenses of $5,582,977 and total assets of $18,739,081 at year end.
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