LIFEBRIDGE HEALTH INC Charity Report

Public IRS 990 nonprofit record

LIFEBRIDGE HEALTH INC

EIN 52-1402373 · Health Care (E210)

What they do

LIFEBRIDGE HEALTH is DEDICATED to MAINTAINING and IMPROVING THE HEALTH and WELL-BEING of ALL PEOPLE IN GREATER BALTIMORE, WITH SPECIAL EMPHASIS ON BALTIMORE CITY and BALTIMORE and CARROLL COUNTIES. IN SO DOING, LIFEBRIDGE is COMMITTED to BEING THE BEST, MOST RESPECTED HEALTH CARE SYSTEM SERVING THE NORTHWEST REGION, FAVORED BY THE GREATEST NUMBER of PATIENTS and PHYSICIANS IN THAT AREA. LIFEBRIDGE HEALTH VALUES, ABOVE ALL ELSE, THE DELIVERY of COMPASSIONATE, HIGH-QUALITY HEALTH and HEALTH-RELATED SERVICES to THE COMMUNITY, REGARDLESS of AGE, RACE, ETHNICITY or FINANCIAL CIRCUMSTANCES of ITS PATIENTS or CUSTOMERS. IN DELIVERING THESE SERVICES, LIFEBRIDGE HEALTH HONORS THE HERITAGE of ITS CONSTITUENT INSTITUTIONS, PRESERVING THEIR TRADITIONS and ASSERTING THEIR VALUES BOLDLY for THE BENEFIT of ALL.

Before you give

Should I give to this charity?

Easy charity check

The spending raises an important question

Of every $100 spent, about $17.70 was reported for mission work and $1.00 for fundraising. Understand this before you give.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders43 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

18.16%of revenue went to mission work17.7% of expenses · Program services

1.00%of revenue went to fundraising1.0% of expenses

$102.55spent for every $100 of revenueSpending was higher than revenue this year.

83.40%of revenue went to management and office costs81.3% of expenses

$5.35in assets for every $1 spent this yearSome assets cannot be spent right away.

0.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $8,831,525 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $4,111,501 for NEIL M MELTZER (PRESIDENT/CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$346,646,456

Mission workProgram services$62,933,87318.16% of revenue17.7% of expenses

ManagementOffice and general costs$289,092,31483.40% of revenue81.3% of expenses

FundraisingAsking for donations$3,451,7941.00% of revenue1.0% of expenses

Total expenses$355,477,981102.55% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Pause before giving. This filing reports that 1.0% of spending went to fundraising and 17.7% went to mission work. Ask the charity to explain these numbers and show recent results.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 17.7% mission · 81.3% management · 1.0% fundraisingTotal expenses: 102.55% of revenue

2023Expense mix: 26.7% mission · 71.9% management · 1.3% fundraisingTotal expenses: 99.34% of revenue

2022Expense mix: 26.0% mission · 73.1% management · 0.9% fundraisingTotal expenses: 102.76% of revenue

2021Expense mix: 27.7% mission · 71.1% management · 1.2% fundraisingTotal expenses: 103.61% of revenue

2020Expense mix: 26.6% mission · 72.4% management · 1.0% fundraisingTotal expenses: 96.33% of revenue

2019Expense mix: 28.3% mission · 70.7% management · 1.0% fundraisingTotal expenses: 102.22% of revenue

2018Expense mix: 28.4% mission · 70.6% management · 0.9% fundraisingTotal expenses: 99.45% of revenue

2017Expense mix: 26.9% mission · 72.0% management · 1.0% fundraisingTotal expenses: 100.17% of revenue

Money in and money out

Revenue$346,646,456

Expenses$355,477,981

Annual shortfall $8,831,525 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$62,933,873 · 17.7% of expenses

Management and office costs$289,092,314 · 81.3% of expenses

Fundraising$3,451,794 · 1.0% of expenses

See all reported dollar amounts

Revenue$346,646,456

Expenses$355,477,981

Assets$1,902,798,921

Income$348,701,860

Contributions$258,684

Mission work (program services)$62,933,873

Fundraising$3,451,794

Grants given$47,513,122

Average grant$271,504

Management and general$289,092,314

Executive compensation (total)$16,292,613

Stocks and bonds$771,003,040

Accounting fees$641,959

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

NEIL M MELTZERPRESIDENT/CEO · 40 hrs/week $4,111,501Base $4,061,168 · Other $50,333

LESLIE R SIMMONSEXECUTIVE VP, COO LBH · 40 hrs/week $2,078,988Base $1,953,912 · Other $125,076

DAVID H KRAJEWSKIEXECUTIVE VP/CFO, PRESIDENT LB PARTNERS · 40 hrs/week $1,986,680Base $1,939,064 · Other $47,616

DR MATTHEW POFFENROTH MDSVP, CHIEF PHYSICIAN EXECUTIVE · 40 hrs/week $1,531,768Base $1,337,179 · Other $194,589

JASON H WEINERSVP AND GENERAL COUNSEL · 40 hrs/week $1,361,976Base $1,144,544 · Other $217,432

TRESSA SPRINGMANNSVP/CIO LIFEBRIDGE HEALTH · 40 hrs/week $1,359,970Base $1,266,930 · Other $93,040

JONATHAN THIERMANCMIO, MED DIR VIRTUAL HOSPITAL · 40 hrs/week $1,131,410Base $990,219 · Other $141,191

LISA WHALEYSVP CHIEF HR OFFICER · 40 hrs/week $1,090,328Base $1,035,467 · Other $54,861

DANIEL DURANDCHIEF CLINICAL OFFICER · 40 hrs/week $854,554Base $847,427 · Other $7,127

JOSEPH KOONSSVP CHIEF REVENUE OFFICER · 40 hrs/week $707,677Base $637,487 · Other $70,190

JAMES ROBERGEVP CAPITAL IMPROVEMENTS & SUPPORT SERVICES · 40 hrs/week $685,435Base $605,333 · Other $80,102

JULIE COXVP DEVELOPMENT · 40 hrs/week $634,631Base $533,483 · Other $101,148

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (43)

NEIL M MELTZERPRESIDENT/CEO

LESLIE R SIMMONSEXECUTIVE VP, COO LBH

DAVID H KRAJEWSKIEXECUTIVE VP/CFO, PRESIDENT LB PARTNERS

DR MATTHEW POFFENROTH MDSVP, CHIEF PHYSICIAN EXECUTIVE

JASON H WEINERSVP AND GENERAL COUNSEL

TRESSA SPRINGMANNSVP/CIO LIFEBRIDGE HEALTH

JONATHAN THIERMANCMIO, MED DIR VIRTUAL HOSPITAL

LISA WHALEYSVP CHIEF HR OFFICER

DANIEL DURANDCHIEF CLINICAL OFFICER

JOSEPH KOONSSVP CHIEF REVENUE OFFICER

JAMES ROBERGEVP CAPITAL IMPROVEMENTS & SUPPORT SERVICES

JULIE COXVP DEVELOPMENT

TERRI CARTERVP, HUMAN RESOURCES

NANCY KANEVP FINANCIAL REPORTING

EDGAR CASNERVP SUPPLY CHAIN

MICHELE SHERMAK MDDIRECTOR

LYNN E ABESHOUSEDIRECTOR

MARTIN KP HILLDIRECTOR

MICHAEL RENBAUMDIRECTOR

SCOTT LONDONDIRECTOR

JONATHAN DAVIDOVDIRECTOR

MIKE POSKODIRECTOR

TOM ZIRPOLIDIRECTOR

NUPUR PAREKH FLYNNTREASURER

RENEE CHRISTOFFDIRECTOR

RONNIE FOOTLICKDIRECTOR

DIANE LEVINSECRETARY

ANDREW LEVINEDIRECTOR

BARRY LEVINDIRECTOR

BRENDA MANDELDIRECTOR

BRIAN GIBBONSDIRECTOR

BRIAN MOFFETDIRECTOR

CHARLES FISHER JRDIRECTOR

DAVID GOLDNERDIRECTOR

DENNIS WEINMANDIRECTOR

LEE COPLANCHAIR

DONALD KIRSONDIRECTOR

ETHAN SEIDELDIRECTOR

HAROLD HACKERMANDIRECTOR

JASON A BLAVATT ESQDIRECTOR

JEFFREY WOTHERS ESQVICE CHAIR

ALEC YEODIRECTOR

LAURA BLACKDIRECTOR

About this charity

Recognized since: January 1986
Location: 10090 RED RUN BLVD, OWINGS MILLS, MD 21117-4827
County: Baltimore (city)
In care of: % NANCY KANE
Primary officer: DAVID KRAJEWSKI, EXECUTIVE VP/CFO

How to reach them

WebsiteVisit the charity’s website Phone(410) 601-5653

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: BDO USA
NTEE classification: Health Care (E210)
IRS tax category: General Medical and Surgical Hospitals
Grant-giving organization: Yes