Nonprofit · EIN 52-1282080
MEMORIAL HOSPITAL FOUNDATION INC
Tax-exempt · EASTON, MD 21601
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $65,714,687 | $1,359,235 | $64,355,452 | $162,386,932 | $849,476 | $161,537,456 |
| June 30, 2024 | 990 | $5,580,099 | $6,693,813 | -$1,113,714 | $102,588,882 | $271,067 | $102,317,815 |
| June 30, 2023 | 990 | $3,426,955 | $1,145,839 | $2,281,116 | $95,208,663 | $577,799 | $94,630,864 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $57,120,128
- of which government grants
- $5,072,282
- Program service revenue
- $0
- Investment income
- $8,550,445
- Net rental income
- $77,726
- Net gain from sales of assets
- $6,635,533
- Net income from fundraising events
- -$33,612
- Other revenue
- $44,114
Expenses
- Grants and similar amounts paid
- $466,144
- Other salaries and wages
- $434,605
- Salaries, compensation and benefits (total)
- $449,571
- Professional fundraising fees
- $0
- Occupancy
- $8,370
- Travel
- $2,207
- Depreciation
- $91,929
- Program services (functional)
- $920,905
- Management and general (functional)
- $438,330
Balance sheet and other
- Total assets, start of year
- $102,588,882
- Total assets, end of year
- $162,386,932
- Total liabilities, end of year
- $849,476
- Net assets, end of year
- $161,537,456
- Land, buildings and equipment
- $2,456,378
- Publicly traded securities
- $40,738,744
- Net assets without donor restrictions
- $69,590,141
- Net assets with donor restrictions
- $91,947,315
- Gross receipts
- $92,747,803
- Employees
- 0
- Volunteers
- 92
- Year formed
- 1982
- 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 |
|---|---|---|---|---|---|
| KENNETH D KOZEL | President and CEO, UMSRH Trustee or director, Officer | 1 | $0 | $722,577 | $43,114 |
| PAUL S NICHOLSON | Treasurer Trustee or director, Officer | 1 | $0 | $473,105 | $63,217 |
| REBECCA BAIR | Board Member Trustee or director | 1 | $0 | $289,399 | $40,961 |
| CHARLES CAPUTE | Chairman Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KEITH MCMAHAN | Secretary Trustee or director, Officer | 1 | $0 | $0 | $0 |
| W MOORHEAD VERMILYE | Vice Chairman Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DAVID NAGEL | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| JACK STOLTZ CPA | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| JACQUELINE H SMITH | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| LIZETTE HANNEGAN | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| WILLIAM MUNN | Board Member Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 12 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Kenneth D Kozel | President and CEO, UMSRH Trustee or director, Officer | 1 | $0 | $693,043 | $28,416 |
| Paul S Nicholson | Treasurer Officer | 1 | $0 | $452,158 | $43,039 |
| JoAnne R Hahey | Treasurer (end 11/2023) Trustee or director, Officer | 1 | $0 | $388,047 | $35,039 |
| Charles Capute | Chairman Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Keith McMahan | Secretary Trustee or director, Officer | 1 | $0 | $0 | $0 |
| W Moorhead Vermilye | Vice Chairman Trustee or director, Officer | 1 | $0 | $0 | $0 |
| David Nagel | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Jack Stoltz | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Jacqueline H Smith | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Joseph Shultz | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Steve Ochse CPA | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| William Munn | Board Member Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 11 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KENNETH D KOZEL | President and CEO, UMSRH Trustee or director, Officer | 1 | $0 | $894,808 | $17,670 |
| JoAnne R Hahey | Treasurer Trustee or director, Officer | 1 | $0 | $453,458 | $24,149 |
| Charles Capute | Chairman Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Keith McMahan | Secretary Trustee or director, Officer | 1 | $0 | $0 | $0 |
| W Moorhead Vermilye | Vice Chairman Trustee or director, Officer | 1 | $0 | $0 | $0 |
| David Nagel | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Jack Stoltz | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Jacqueline H Smith | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Joseph Shultz | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Steve Ochse CPA | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| William Munn | Board Member Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 219 S WASHINGTON ST, EASTON, MD 21601-2913
- In care of
- % JOANNE HAHEY CFO
- Principal officer (990 for 2024)
- KENNETH KOZEL, 219 South Washington St, Easton, MD 21601
- Signed the 990
- PAUL NICHOLSON, Treasurer
- Phone
- (410) 822-1000
- Website
- WWW.UMMHFOUNDATION.ORG
- Return prepared by
- Ernst & Young US LLP
Mission
MEMORIAL HOSPITAL FOUNDATION (MHF) THROUGH ITS PHILANTHROPIC EFFORTS SUPPORTS SHORE MEDICAL CENTER AT EASTON TO BE A HEALING INFLUENCE IN OUR COMMUNITY, TO HELP IMPROVE THE HEALTH STATUS AND CREATE EASY ACCESS IN A COST EFFECTIVE QUALITY HEALTH SYSTEM.
Program accomplishments
- FUNDS USED TO SUPPORT SHORE HEALTH SYSTEM PROGRAMS, INCLUDING BREAST CENTER/DIC IMPROVEMENTS, MAGNET ACCREDIATION, PHYSICIAN RESIDENCY PROGRAM AND EQUIPMENT FOR CARDIOLOGY AND FOOD SERVICES.Expenses $920,905 · grants $466,144
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
- 52-1282080
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1983
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E110)
- Assets (IRS master file)
- $162,386,932
- Income (IRS master file)
- $92,747,803
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $65,714,687 | $1,359,235 | $162,386,932 | IRS |
| 990 | June 2024 | $5,580,099 | $6,693,813 | $102,588,882 | IRS |
| 990 | June 2023 | $3,426,955 | $1,145,839 | $95,208,663 | XML |
| 990 | June 2022 | $3,657,952 | $856,933 | $87,661,989 | 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 52-1282080).
Questions about MEMORIAL HOSPITAL FOUNDATION INC
- What is the EIN of MEMORIAL HOSPITAL FOUNDATION INC?
- The employer identification number (EIN) of MEMORIAL HOSPITAL FOUNDATION INC is 52-1282080.
- Is MEMORIAL HOSPITAL FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
- Are donations to MEMORIAL HOSPITAL FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MEMORIAL HOSPITAL FOUNDATION 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 MEMORIAL HOSPITAL FOUNDATION 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 MEMORIAL HOSPITAL FOUNDATION 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 MEMORIAL HOSPITAL FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names KENNETH KOZEL.
- Who are the officers and directors of MEMORIAL HOSPITAL FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 11 people; 0 received compensation from the organization.
- How much revenue does MEMORIAL HOSPITAL FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $65,714,687, expenses of $1,359,235 and total assets of $162,386,932 at year end.
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