Nonprofit · EIN 52-1132992
MEDSTAR AMBULATORY SERVICES INC
Tax-exempt · COLUMBIA, MD 21044
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $29,900,467 | $46,133,672 | -$16,233,205 | $155,370,128 | $53,011,777 | $102,358,351 |
| June 30, 2024 | 990 | $23,741,513 | $44,506,927 | -$20,765,414 | $163,538,532 | $55,450,152 | $108,088,380 |
| June 30, 2023 | 990 | $24,811,047 | $45,481,205 | -$20,670,158 | $166,537,506 | $66,775,776 | $99,761,730 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $4,131
- Program service revenue
- $26,096,424
- Investment income
- $17,069
- Net gain from sales of assets
- $1,530
- Other revenue
- $3,782,843
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $1,259,526
- Other salaries and wages
- $9,409,719
- Salaries, compensation and benefits (total)
- $18,080,275
- Professional fundraising fees
- $0
- Accounting fees
- $1,158
- Occupancy
- $18,340,759
- Travel
- $803,297
- Depreciation
- $7,320,253
- Program services (functional)
- $18,692,324
- Management and general (functional)
- $27,441,348
Balance sheet and other
- Total assets, start of year
- $163,538,532
- Total assets, end of year
- $155,370,128
- Total liabilities, end of year
- $53,011,777
- Net assets, end of year
- $102,358,351
- Land, buildings and equipment
- $60,078,840
- Net assets without donor restrictions
- $102,287,445
- Net assets with donor restrictions
- $70,906
- Gross receipts
- $29,900,467
- Employees
- 355
- Volunteers
- 0
- Year formed
- 1969
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| M JOY DRASS MD | DIRECTOR Trustee or director | 1 | $0 | $3,588,849 | $71,629 |
| ART K SIVASLIAN | PRESIDENT Officer | 40 | $919,691 | $0 | $46,664 |
| MARK MEGINNIS | VICE PRESIDENT/TREASURER Officer | 1 | $265,713 | $265,713 | $54,916 |
| RODERICK T CHEN | SECRETARY Officer | 1 | $0 | $540,332 | $35,553 |
| DEBORA PURVIS | VP, SURGICAL SERVICES Highest-paid employee | 40 | $266,147 | $0 | $32,156 |
| ANDREW CANNING | VP, OPERATIONS Highest-paid employee | 40 | $263,565 | $0 | $17,976 |
| SAUMIL MODI | ASSISTANT VP, OPERATIONS Highest-paid employee | 40 | $253,860 | $0 | $25,680 |
| THERESA SCOLARO | AVP PT EXPER & ASSOC COMM Highest-paid employee | 40 | $200,423 | $0 | $29,261 |
| BETH CHAPMAN | AVP, SURGICAL SERVICES Highest-paid employee | 40 | $176,828 | $0 | $5,158 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| M JOY DRASS MD | DIRECTOR Trustee or director | 1 | $0 | $4,328,131 | $69,388 |
| ART K SIVASLIAN | PRESIDENT Officer | 40 | $857,565 | $0 | $33,789 |
| MARK MEGINNIS | VICE PRESIDENT/TREASURER Officer | 1 | $0 | $508,338 | $26,087 |
| RODERICK T CHEN | SECRETARY Officer | 1 | $0 | $496,278 | $32,556 |
| ROBERT GILBERT | FORMER PRESIDENT Former | 40 | $387,919 | $0 | $0 |
| DEBORA PURVIS | AVP SURGICAL SERVICES Highest-paid employee | 40 | $227,976 | $0 | $25,453 |
| ANDREW CANNING | ASSISTANT VP, OPERATIONS Highest-paid employee | 40 | $231,872 | $0 | $15,638 |
| BRIAN FISHER | DIRECTOR OF FINANCIAL SERV Highest-paid employee | 40 | $200,694 | $0 | $29,162 |
| SAUMIL MODI | ASSISTANT VP, OPERATIONS Highest-paid employee | 40 | $201,775 | $0 | $20,640 |
| THERESA SCOLARO | AVP PT EXPER & ASSOC COMM Highest-paid employee | 40 | $186,943 | $0 | $27,034 |
990 for the year ended June 30, 2023: 10 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| M JOY DRASS MD | DIRECTOR Trustee or director | 1 | $0 | $3,167,078 | $64,380 |
| ART K SIVASLIAN | PRESIDENT Officer | 40 | $703,067 | $0 | $23,936 |
| ROBERT GILBERT | FORMER PRESIDENT Former | 40 | $670,711 | $0 | $8,700 |
| MARK MEGINNIS | VICE PRESIDENT/TREASURER Officer | 1 | $0 | $470,768 | $53,746 |
| RODERICK T CHEN | SECRETARY Officer | 1 | $0 | $470,143 | $29,818 |
| DEBORA PURVIS | AVP SURGICAL SERVICES Highest-paid employee | 40 | $207,809 | $0 | $22,167 |
| BRIAN FISHER | DIRECTOR OF FINANCIAL SERV Highest-paid employee | 40 | $189,900 | $0 | $27,195 |
| THERESA SCOLARO | AVP PT EXPER & ASSOC COMM Highest-paid employee | 40 | $182,941 | $0 | $24,852 |
| ANDREW CANNING | ASSISTANT VP, OPERATIONS Highest-paid employee | 40 | $190,798 | $0 | $14,412 |
| SAUMIL MODI | ASSISTANT VP, OPERATIONS Highest-paid employee | 40 | $159,943 | $0 | $22,970 |
Address and contacts
- Address (IRS master file)
- 10980 GRANTCHESTER WAY 6TH FLOOR, COLUMBIA, MD 21044-6097
- In care of
- % JOEL BRYAN
- Principal officer (990 for 2024)
- ART K SIVASLIAN, 10980 GRANTCHESTER WAY 6TH FLOOR, COLUMBIA, MD 21044
- Signed the 990
- ROSS DARROW, VP, TREASURER & CIO
- Phone
- (410) 772-6721
- Return prepared by
- KPMG LLP
Mission
MEDSTAR AMBULATORY SERVICES, INC. (FKA BAY DEVELOPMENT CORPORATION) IS OPERATED FOR THE PURPOSE OF SUPPORTING AND ENCOURAGING QUALITY HEALTH CARE AND RELATED SERVICES TO THE COMMUNITY.
Program accomplishments
- MEDSTAR AMBULATORY SERVICES, INC. (FKA BAY DEVELOPMENT CORPORATION) IS OPERATED FOR THE PURPOSE OF SUPPORTING AND ENCOURAGING QUALITY HEALTH CARE AND RELATED SERVICES TO THE COMMUNITY. IN ADDITION, THE CORPORATION OWNS AND LEASES SEVERAL BUILDINGS WHICH BENEFIT THE MEDICAL COMMUNITY ASSOCIATED WITH MEDSTAR HEALTH. THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES.Expenses $18,692,324 · revenue $26,096,424
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
- 52-1132992
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1979
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $155,370,128
- Income (IRS master file)
- $29,900,467
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $29,900,467 | $46,133,672 | $155,370,128 | IRS |
| 990 | June 2024 | $23,741,513 | $44,506,927 | $163,538,532 | IRS |
| 990 | June 2023 | $24,811,047 | $45,481,205 | $166,537,506 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $28,082,278 | $42,751,808 | $180,691,236 | 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 52-1132992).
Questions about MEDSTAR AMBULATORY SERVICES INC
- What is the EIN of MEDSTAR AMBULATORY SERVICES INC?
- The employer identification number (EIN) of MEDSTAR AMBULATORY SERVICES INC is 52-1132992.
- Is MEDSTAR AMBULATORY SERVICES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
- Are donations to MEDSTAR AMBULATORY SERVICES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does MEDSTAR AMBULATORY SERVICES INC 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 MEDSTAR AMBULATORY SERVICES INC 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 MEDSTAR AMBULATORY SERVICES INC 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 MEDSTAR AMBULATORY SERVICES INC?
- The 990 for the year ended June 30, 2025 names ART K SIVASLIAN.
- Who are the officers and directors of MEDSTAR AMBULATORY SERVICES INC?
- The 990 for the year ended June 30, 2025 lists 9 people; 7 received compensation from the organization.
- How much revenue does MEDSTAR AMBULATORY SERVICES INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $29,900,467, expenses of $46,133,672 and total assets of $155,370,128 at year end.
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