Medstar Ambulatory Services Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 521132992 ✦ Columbia, MD ✦ Designated as a 501(c)(3)

Overview

What is Medstar Ambulatory Services Inc?

Medstar Ambulatory Services Inc, formerly known as Bay Development Corporation, is a charitable organization based in Columbia, Maryland. They are committed to promoting and enhancing the quality of healthcare and related services within their community. The corporation owns and leases various buildings benefiting the medical community associated with Medstar Health. With a team of 379 employees, Medstar Ambulatory Services Inc operates primarily for charitable, scientific, and educational purposes.


Is Medstar Ambulatory Services Inc legitimate?

Medstar Ambulatory Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Medstar Ambulatory Services Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,477,943
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,816,165

For more financial information, click here


What is the mission statement of Medstar Ambulatory Services Inc?
Who is the CEO of Medstar Ambulatory Services Inc?
What is the revenue of Medstar Ambulatory Services Inc?
Who are the executives of Medstar Ambulatory Services Inc and what are their salaries?
Where can I find the form 990 for Medstar Ambulatory Services Inc?

Mission Statement of Medstar Ambulatory Services Inc

Medstar Ambulatory Services Inc, a non-profit organization, is dedicated to fostering and promoting quality healthcare and related services within the community. Established with a charitable, scientific, and educational purpose, the corporation goes above and beyond by supporting and encouraging these vital services.

The mission of Medstar Ambulatory Services Inc is twofold. Primarily, it focuses on improving the overall quality of healthcare available to individuals within the community. Additionally, the organization leases and owns several buildings that cater specifically to the medical community associated with Medstar Health. This not only strengthens the healthcare infrastructure but also enhances the accessibility and efficiency of healthcare services for those in need.

Medstar Ambulatory Services Inc is more than just a real estate holding company. It plays a crucial role in the healthcare sector by contributing to the betterment of the community's health outcomes. By owning and leasing properties that serve the medical community, the organization ensures that healthcare facilities have the necessary resources and infrastructure to provide optimal care. In doing so, Medstar Ambulatory Services Inc empowers healthcare professionals to deliver quality services and make a positive impact on the lives of their patients.

Impact

This information is meant to be a general summary of Medstar Ambulatory Services Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Medstar Ambulatory Services Inc is actively involved in supporting and encouraging quality healthcare and related services to the community. Through its operations, the organization plays a crucial role in facilitating access to healthcare services for individuals in need. Additionally, by owning and leasing buildings that benefit the medical community associated with Medstar Health, Medstar Ambulatory Services Inc contributes to the overall development and advancement of the healthcare sector. Its mission-driven approach underscores the organization's commitment to charitable, scientific, and educational purposes, ultimately making a positive impact on the well-being of the community it serves.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,463
  • Program Service Revenue: $21,907,500
  • Gross Receipts: $28,082,278

    • Assets and Liabilities:
  • Total Assets: $180,691,236
  • Total Liabilities: $72,685,495
  • Net Assets: $108,005,741
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    NET PATIENT SERVICE RE

    Revenue

    $13,552,113

    RENTAL INCOME

    Revenue

    $6,059,774

    SESSION REVENUE

    Revenue

    $2,295,613

    Organization Details

    Founding Year

    1969

    Principal Officer

    Robert Gilbert

    Main Address

    10980 GRANTCHESTER WAY 6TH FLOOR, COLUMBIA, MD, 21044

    NTEE Category

    Code: E30 - Health

    If you are a representative of Medstar Ambulatory Services Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.