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Nonprofit · EIN 87-3237643

CHESAPEAKE MEDICAL FOUNDATION LTD

Tax-exempt · ANNAPOLIS, MD 21401

Financials

$3K$19K2023$23K$23K2024$1.1M$72K2025
Revenue Expenses · by fiscal year end
Financials of CHESAPEAKE MEDICAL FOUNDATION LTD by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$1,062,384$71,553$990,831$1,228,294$0$1,228,294
December 31, 2024990-PF$22,570$23,340-$770$253,723$0$253,723
December 31, 2023990-PF$3,101$19,055-$15,954$242,806$0$242,806
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,050,000
Dividends
$8,113
Net gain from sales of assets
$4,271

Expenses

Grants and similar amounts paid
$68,500
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$71,335
Excise tax on investment income
$172

Balance sheet and other

Total assets, start of year
$253,723
Total assets, end of year
$1,228,294
Total liabilities, end of year
$0
Net assets, end of year
$1,228,294
Fair market value of assets
$1,263,451
Qualifying distributions
$71,335
Net investment income
$12,384

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-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
MARK BAGANZ
122 DEFENSE HIGHWAY SUITE 110, ANNAPOLIS, MD 21401
DIRECTOR1$0
LAURA SALLADIN
122 DEFENSE HIGHWAY SUITE 110, ANNAPOLIS, MD 21401
DIRECTOR1$0
AUGUST BAGANZ
122 DEFENSE HIGHWAY SUITE 110, ANNAPOLIS, MD 21401
DIRECTOR1$0
ELIZABETH BAGANZ
122 DEFENSE HIGHWAY SUITE 110, ANNAPOLIS, MD 21401
DIRECTOR1$0
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
MARK BAGANZ
122 DEFENSE HWY SUITE 110, ANNAPOLIS, MD 21401
DIRECTOR1$0
LAURA SALLADIN
122 DEFENSE HWY SUITE 110, ANNAPOLIS, MD 21401
DIRECTOR1$0
AUGUST BAGANZ
122 DEFENSE HWY SUITE 110, ANNAPOLIS, MD 21401
DIRECTOR1$0
ELIZABETH BAGANZ
122 DEFENSE HWY SUITE 110, ANNAPOLIS, MD 21401
DIRECTOR1$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
MARK BAGANZ
122 DEFENSE HWY SUITE 110, ANNAPOLIS, MD 21401
DIRECTOR1$0
LAURA SALLADIN
122 DEFENSE HWY SUITE 110, ANNAPOLIS, MD 21401
DIRECTOR1$0
AUGUST BAGANZ
122 DEFENSE HWY SUITE 110, ANNAPOLIS, MD 21401
DIRECTOR1$0
ELIZABETH BAGANZ
122 DEFENSE HWY SUITE 110, ANNAPOLIS, MD 21401
DIRECTOR1$0

Address and contacts

Address (IRS master file)
122 DEFENSE HIGHWAY, ANNAPOLIS, MD 21401-7069
In care of
% MARK BAGANZ
Signed the 990-PF
MARK BAGANZ, DIRECTOR
Phone
(410) 571-0350
Return prepared by
TAYLOR & COMPANY LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
87-3237643
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2022
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$1,228,294
Income (IRS master file)
$1,082,752

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$1,062,384$71,553$1,228,294XML
990-PFDecember 2024$22,570$23,340$253,723IRS
990-PFDecember 2023$3,101$19,055$242,806XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––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 87-3237643).

Questions about CHESAPEAKE MEDICAL FOUNDATION LTD

What is the EIN of CHESAPEAKE MEDICAL FOUNDATION LTD?
The employer identification number (EIN) of CHESAPEAKE MEDICAL FOUNDATION LTD is 87-3237643.
Is CHESAPEAKE MEDICAL FOUNDATION LTD tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to CHESAPEAKE MEDICAL FOUNDATION LTD tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does CHESAPEAKE MEDICAL FOUNDATION LTD file?
Form 990-PF. Private foundations file every year.
When is the next return of CHESAPEAKE MEDICAL FOUNDATION LTD due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CHESAPEAKE MEDICAL FOUNDATION LTD last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of CHESAPEAKE MEDICAL FOUNDATION LTD?
The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does CHESAPEAKE MEDICAL FOUNDATION LTD have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $1,062,384, expenses of $71,553 and total assets of $1,228,294 at year end.

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