IRS Form 990 · EIN 45-3007639

Frederick Health Medical Group Llc

Frederick, MD 21701-4506 · Tax year 2023

NTEE E30Health Treatment Facility

$103.6M

Total revenue

$125.9M

Total expenses

$-22.3M

Net income

-21.6%

Operating margin

Financial summary

Compared to 4 organizations with NTEE E30 in MD

Avg revenue (peers)

$70.6M

This org:$103.6M

Avg net income (peers)

$-9.6M

This org:$-22.3M

16 officers + key employees from the most recent Schedule J filing (FY2022; the financial summary above is FY2023)

Name	Title	Hours/wk	Base comp	Total comp
RIZWANA AFZAL MD	PHYSICIAN	40	$664K	$998K
MARSHA NAYDICH MD	PHYSICIAN	40	$491K	$668K
ADEDAPO T AJAYI	PHYSICIAN	40	$402K	$606K
MIHIR JANI MD	DIRECTOR/PHYSICIAN	40	$503K	$605K
MAURICE A SMITH	PHYSICIAN	40	$480K	$569K
GEORGE L COPPIT III	PHYSICIAN	40	$357K	$536K
GNANARAJ KOILPILLIA MD	DIRECTOR/PHYSICIAN	40	$297K	$362K
JASON LEE	DIRECTOR START 10/22	1	—	—
ARTHUR SAGOSKIN	DIRECTOR START 10/22	1	—	—
SHUCHI SHARMA	DIRECTOR	1	—	—
MICHELLE MAHAN	SR. VP & CFO THROUGH 8/6/22	2	—	—
HANNAH R JACOBS	SR. VP & CFO START 4/4/22	2	—	—
PATRICIA HANDBERRY	CHAIRMAN START 10/22	2	—	—
GORDON COOLEY	DIRECTOR	2	—	—
NANCY NEWMISTER	DIRECTOR THROUGH 9/22	1	—	—
THOMAS A KLEINHANZL	PRESIDENT & CEO FHH	2	—	—

Revenue and net income trend across all available filings

RevenueNet income

Year	Revenue	Expenses	Net income	Assets
2023	$103.6M	$125.9M	$-22.3M	$26.7M
2022	$76.3M	$101.0M	$-24.7M	$22.6M
2021	$69.6M	$90.6M	$-21.0M	$25.6M
2020	$66.3M	$86.6M	$-39K	$20.3M
2019	$60.9M	$77.1M	$-34K	$10.1M
2018	$46.1M	$61.8M	$-15.7M	$9.9M
2017	$25.8M	$40.9M	$-15.1M	$6.2M
2016	$26.6M	$38.2M	$-11.6M	$6.8M
2015	$25.0M	$34.3M	$-9.3M	$6.0M
2014	$17.0M	$23.2M	$-6.2M	$9.1M

This organization appears to be a hospital. Explore additional data sources: