2023-11-14T12:40:32-06:00 2022-12-31 462982708 FITZPATRICK LEARY & SZARKOLLC 1447 YORK ROAD STE 703 LUTHERVILLE MD 21093 990 2022-01-01 520410730 MEDICAL AND CHIRURGICAL FACULTY OF MARYLAND MEDI 4105390872 1211 CATHEDRAL STREET BALTIMORE MD 21201 GENE M RANSOM III CEO 4105390872 2023-11-13 1 GENE RANSOM III 999009999 1 NICOLE R SZARKO CPA P00646988 4103071400 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MEDCHI THE MARYLAND STATE MEDICAL S GENE M RANSOM III 1211 CATHEDRAL STREET BALTIMORE MD 21201 6464556 0 X WWW.MEDCHI.ORG X 1944 MD THE ORGANIZATION'S GOAL IS TO FURTHER THE EDUCATION OF MEMBERS OF THE MEDICAL PROFESSION THROUGH CONFERENCES, MEETINGS, PUBLICATIONS AND VARIOUS PROGRAM OUTREACH ACTIVITIES. 21 17 66 0 507466 21139 1191647 214378 4229469 4294114 838392 401559 564004 267034 6823512 5177085 0 0 0 0 2591181 2504917 0 0 0 1901633 2511991 4492814 5016908 2330698 160177 17893516 16443628 1583895 1708385 16309621 14735243 X THE ORGANIZATION'S MISSION IS TO SERVE AS THE FOREMOST ADOVCATE AND RESOURCE FOR PHYSICIANS, THEIR PATIENTS, AND THE PUBLIC HEALTH. MEDCHI STRIVES TO ACCOMPLISH THIS MISSION BY PROMOTING MEDICAL SCIENCE AND KNOWLEDGE, ENHANCING PHYSICIAN-PATIENT RELATIONSHIPS, ACHIEVING THE HIGHEST STANDARDS FOR MEDICAL EDUCATION AND MEDICAL ETHICS, PROMOTE PHYSICIAN COLLEGIALITY, AND SECURE UNIVERSAL ACCESS TO HEALTH CARE. 0 0 THE ORGANIZATIONS MEMBERSHIP SERVICES PROGRAM ENCOMPASSES ITS GENERAL ACTIVITIES AIMED AT EXTENDING MEDICAL KNOWLEDGE AMONG PHYSICIANS AND THE PUBLIC; MAINTAINING AND ELEVATING THE STANDARDS OF MEDICAL EDUCATION AND MEDICAL ETHICS; SECURING THE ENACTMENT OF JUST LAWS RELATING TO THE PRACTICE OF MEDICINE AND THE HEALTH OF THE PUBLIC; AND PROMOTING FRIENDLY RELATIONS AMONG PHYSICIANS. INCLUDED IN THESE ACTIVITIES ARE GENERAL ACTIVITIES THAT AID THE ORGANIZATION IN SERVING AS AN ADVOCATE FOR PATIENTS BY PROMOTING ACCESS TO APPROPRIATE, AFFORDABLE QUALITY MEDICAL CARE AND AS THE RESOURCE AND SPOKESPERSON FOR MEDICINE IN MARYLAND. THE MEDICAL PRACTICE TRANSFORMATION PROGRAM HELPS PHYSICIANS NAVIGATE THROUGH THE CHANGING HEALTHCARE LANDSCAPE. THE MAIN CONTRACT IS WITH CENTER FOR MEDICAID AND MEDICARE SERVICES. CARE TEAMS ARE DEPLOYED TO FURNISH CARE COORDINATION SERVICES TO THE MARYLAND PRIMARY CARE PROGRAM BENEFICIARIES TO HELP THE MDPCP MEET CARE TRANSFORMATION REQUIREMENTS. THE PUBLIC HEALTH PROGRAM EXTENDS PRACTICE KNOWLEDGE AMONG PHYSICIANS AND HEALTH KNOWLEDGE TO THE PUBLIC THAT IMPROVES QUALITY OF CARE AND HEALTH, BY CONDUCTING SPECIFIC ACTIVITIES IN EXCHANGE FOR ASSETS RECEIVED FROM GRANTORS. 0 1 0 1 0 0 0 0 1 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 1 49 0 1 66 1 1 1 0 0 0 0 0 0 0 0 0 X 21 17 0 0 0 0 1 1 1 1 1 0 1 0 0 1 1 1 1 1 1 1 0 MD X DEBRA SCIABARRASI CHIEF OPERATING 4105390872 1211 CATHEDRAL STREET BALTIMORE MD 21201 SHANNON P PRYOR MD IMMEDIATE PAST PRESIDENT 2.00 2.00 X 8333 0 0 JAMES J YORK MD PRESIDENT-ELECT 2.00 2.00 X 15000 0 0 BENJAMIN LOWENTRITT MD SPEAKER OF THE HOUSE 2.00 X 0 0 0 GURDEEP CHHABRA MD TRUSTEE 2.00 X 0 0 0 DOUGLAS MITCHELL MD TRUSTEE 2.00 X 0 0 0 ANURADHA REDDY MD TRUSTEE 2.00 X 0 0 0 ROHINI CHAKRAVARTHY MD TRUSTEE 2.00 X 0 0 0 GENE M RANSOM III CHIEF EXECUTIVE OFFICER 35.00 5.00 X X 371190 0 34950 LORALIE D MA MD PRESIDENT 5.00 2.00 X X 30000 0 0 MELVIN S STERN MD TRUSTEE 2.00 X 0 0 0 BROOKE M BUCKLEY MD TRUSTEE 2.00 X 0 0 0 MICHELE MANAHAN MD TRUSTEE 2.00 2.00 X 0 0 0 J MICHAEL NEIHOFF MD SECRETARY 5.00 2.00 X X 0 0 0 VASANT DATTA MD CMD TRUSTEE 2.00 X 0 0 0 RENE DESMARAIS MD TRUSTEE 2.00 X 0 0 0 CAROLYN B O'CONOR MD TRUSTEE 2.00 X 0 0 0 AARON GEORGE DO TRUSTEE 2.00 X 0 0 0 PADAMINI RANASINGHE MD TREASURER & VICE SPEAKER OF THE HOUSE 5.00 X X 0 0 0 HARBHAJAN ARJAWAT MD AMA DELEGATION REPRESENTATIVE 2.00 X 0 0 0 KEVIN CARR MD TRUSTEE 2.00 X 0 0 0 EMILY DANIELS TRUSTEE 2.00 X 0 0 0 DEBRA C SCIABARRASI CHIEF OPERATING OFFICER 16.00 24.00 X 141342 0 39937 565865 0 74887 2 0 1 0 SCHWARTZ METZ WISE & KAUFFMAN PA 20 WEST STREET ANNAPOLIS MD 21401 LOBBYIST 295328 DOMENIC PETRUCCI CONTRACTOR 4726 PULASKI HIGHWAY BALTIMORE MD 21224 CONSTRUCTION 142260 RAM RESTORATION CONTRACTOR INC PO BOX 34326 BALTIMORE MD 21221 CONSTRUCTION 114265 3 38568 50810 125000 38568 214378 PROGRAM OUTREACH 541900 2573182 2573182 MEMBERSHIP DUES 541900 745302 717353 27949 OTHER INCOME AND SERVICES 541900 302589 302589 CME FEES 541900 275939 275939 ADVERTISING 541900 205821 205821 191281 191281 4294114 121529 121529 120495 0 120495 120495 120495 1567501 1287298 173 280203 -173 280030 280030 EQUITY IN MEDCHI INSURANCE AGENCY 541900 175432 175432 EQUITY IN MAMCS 541900 -28893 -28893 146539 5177085 3933187 507466 522054 565865 1470945 75071 238864 154172 174894 93517 190735 77300 3282 18389 24330 50415 126782 123667 77426 INCOME TAXES 6359 CONTRACT SERVICES 972904 REPAIRS & MAINTENANCE 98064 UTILITIES 71342 402585 5016908 2612603 1914689 1108047 155810 480482 1713318 50000 188869 44944 4594138 3632461 701996 961677 9112542 7908112 441559 376268 10130 10130 3237288 3308680 17893516 16443628 1102686 1275273 469377 433112 11832 1583895 1708385 X 6471816 8770720 9837805 5964523 16309621 14735243 17893516 16443628 X 160177 -1767902 79086 -45739 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1 745302 212132 212132 372651 -160519 9916889 -1443550 360663 8112676 9213938 1011864 308913 9916889 8632746 3189 1447118 804962 64153 9213938 7379233 1596019 276789 65717 8632746 7784324 -135689 267854 1548 7379233 0.06456 0.93545 0 0 3733805 2868046 865759 725922 630004 95918 134411 134411 0 961677 INVESTMENT: MEDCHI INSURANCE AGENCY, INC. 2628918 DUE FROM RELATED PARTIES 773642 INVESTMENT: MAMCS -120231 DEFERRED TAX ASSET 8941 CONSTRUCTION IN PROGRESS 17410 3308680 X PART V, LINE 4: TEMPORARILY RESTRICTED FUNDS ARE USED IN ACCORDANCE WITH EACH INDIVIDUAL DONOR'S STIPULATIONS. PERM RESTRICTED FUNDS ARE HELD IN PERPETUITY AND INCOME IS USED TO FUND OPERATIONS. UNRESTRICTED FUNDS ARE USED TO FUND OPERATIONS IN ACCORDANCE WITH MEDCHI INVESTMENT POLICY. PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR INCOME TAX PROVISIONS IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CONCEPT TOPIC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH CREATES A SINGLE MODEL TO ADDRESS UNCERTAINTY IN TAX POSITIONS AND CLARIFIES THE ACCOUNTING FOR INCOME TAXES BY PRESCRIBING THE MINIMUM RECOGNITION THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. THE ORGANIZATION BELIEVES THAT ITS INCOME TAX FILING POSITIONS AND DEDUCTIONS WILL BE SUSTAINED UPON EXAMINATION AND, ACCORDINGLY, HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES, AT DECEMBER 31, 2022 AND 2021 FOR UNCERTAIN INCOME TAX POSITIONS. THE ORGANIZATION CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS. THE ORGANIZATION HAS ADOPTED A POLICY UNDER WHICH, IF REQUIRED TO BE RECOGNIZED IN THE FUTURE, IT WILL CLASSIFY INTEREST RELATED TO THE UNDERPAYMENT OF INCOME TAXES AS A COMPONENT OF INTEREST EXPENSE, AND IT WILL CLASSIFY ANY RELATED PENALTIES IN GENERAL, SUPPORT AND ADMINISTRATIVE EXPENSES IN THE CONSOLIDATED STATEMENTS OF ACTIVITIES. WITH FEW EXCEPTIONS, THE ORGANIZATION IS SUBJECT TO U.S. FEDERAL, STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE CURRENT YEAR AND THE LAST THREE YEARS. 1 X X X 0 0 0 GENE M RANSOM III CHIEF EXECUTIVE OFFICER 356190 0 15000 0 0 0 12571 0 22379 0 406140 0 0 0 DEBRA C SCIABARRASI CHIEF OPERATING OFFICER 136342 0 5000 0 0 0 5960 0 33977 0 181279 0 0 0 X BUILDING IMPROVEMENTS 1 38568 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS, BOTH VOTING AND NON-VOTING. FORM 990, PART VI, SECTION A, LINE 7A ACTIVE AND 40 YEAR MEMBERS HAVE VOTING RIGHTS. ALL OTHER MEMBERS DO NOT. FORM 990, PART VI, SECTION A, LINE 7B THE HOUSE OF DELEGATES HAS FINAL BUDGET AND POLICY AUTHORITY. FORM 990, PART VI, SECTION B, LINE 10B EACH AFFILIATE HAS INDEPENDENT MANAGEMENT AND BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE DIRECTOR OR FINANCE PRIOR TO FILING AND REVIEWED WITH THE BOARD OF DIRECTORS AT THE NEXT REGULARLY SCHEDULED BOARD MEETING. AT TIMES, THIS IS AFTER THE 990 HAS BEEN FILED TO COMPLY WITH FILING DEADLINES. FORM 990, PART VI, SECTION B, LINE 12C WHEN A CONFLICT IS IDENTIFIED, IT IS REVIEWED BY SENIOR STAFF. FORM 990, PART VI, SECTION B, LINE 15 THE CEO AND EXECUTIVE DIRECTOR'S 2022 SALARY IS DETERMINED BY MANAGEMENT COMMITTEE. ALSO, THE GENERAL COUNSEL AND COO'S 2022 SALARY IS DETERMINED BY MANAGEMENT COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: BAD DEBT EXPENSE -15,546. BOOK/TAX DIFFERENCE ON K-1 INCOME -30,193. PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. MEDCHI NETWORK SERVICES LLC 1211 CATHEDRAL STREET BALTIMORE MD 21201 452402959 HELP PHYSICIANS EFFECTIVELY UTILIZE ALL FORMS OF HEALTHCARE TECHNOLOGY. 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