Nonprofits/Organizations/52-2111541
Active
501(c)(3)
E110
Form 990

Baltimore Jewish Health Foundation Inc

DBA: THE BALTIMORE JEWISH HEALTH

EIN 52-2111541BALTIMORE, MD 21215Founded 1998WebsiteIRS Tax Year 2023 · Period ending June 30, 2024
Mission Statement

TO SUPPORT SINAI HOSPITAL OF BALTIMORE, INC.

IRS Tax Year 2023

Period ending June 30, 2024

Tax year 2024 filing not yet available. This is the most recent filing on record.

Total Revenue

$731K

+44.2%YoY

Total Expenses

$2.3M

-2.3%YoY

Net Assets

$45.4M

+5.0%YoY

Employees

0

Volunteers

3

Grants Paid

$2.2M

Program Expense Ratio

93.2%

This nonprofit profile presents IRS Form 990 tax filing data for Baltimore Jewish Health Foundation Inc (EIN: 52-2111541), based on the 2023 tax year annual return filed with the Internal Revenue Service.

Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, detailed executive pay breakdowns, top independent contractors, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.

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RoundPaper IndicatorsTax Year 2023

Financial Health

Revenue grew +44.2% to $731K
Program spending ratio of 93.2% — excellent
234.9 months of operating reserves — strong cushion
Expenses decreased -2.3% year-over-year

Transparency

Conflict of interest policy adopted
Whistleblower policy in place
Financial statements independently audited
3-member board, 3 independent

Compensation

Top compensation: $1,776,381 (ASSISTANT TREASURER)
Top exec pay is 76.5% of total expenses — elevated
Schedule J filed for 2 individuals — detailed disclosure
No executive perks reported

Program Effectiveness

1 program reported
93.2% of spending goes to programs
No programs generate independent revenue
$2.2M in grants paid to other organizations
3 volunteers engaged

Financial Stability

Debt-to-asset ratio of 0.0% — low leverage
0.0 months cash runway — tight liquidity
Revenue diversification: concentrated in few sources
Net assets trending upward over recent filings

Risk Flags

No insider or excess benefit transactions
No material diversion or misuse reported
No family/business relationships on board

Indicators derived from IRS Form 990 data. Not financial advice.

Organization Summary

Baltimore Jewish Health Foundation Inc is a 501(c)(3) nonprofit headquartered in BALTIMORE, MD, founded in 1998. The organization has held tax-exempt status since 1998. In its 2023 filing, the organization reported $731K in total revenue, a 44.2% increase from the prior year, and $2.3M in total expenses. The organization engaged 3 volunteers. DAVID KRAJEWSKI, ASSISTANT TREASURER, is the highest-compensated individual at $1,776,381. The organization runs 1 program, totaling $2.2M in program expenses. 4 of 6 recommended governance policies are in place.

Baltimore Jewish Health Foundation Inc is classified under NTEE code E110. Its foundation type is 17.

Programs(Tax Year 2023)

1 record

Programs Overview

Baltimore Jewish Health Foundation Inc operates 1 program, with total program expenses of $2.2M. Baltimore Jewish Health Foundation Inc's largest program accounts for 100% of total program spending.

1
Program 1Expenses: $2,163,649

THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO SUPPORT SINAI HOSPITAL OF BALTIMORE, INC., A SECTION 501(C)(3) ENTITY. THE CORPORATION WAS ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES.

Financial Overview(Tax Years 2019–2023)

5 records

Financial Highlights

Over the past 5 years, Baltimore Jewish Health Foundation Inc's revenue has grown from $594K to $731K, a 22.9% increase. Program expenses represent 93% of total spending.

Revenue increased 44.2% year-over-year, while expenses declined 2.3%. net assets rose to $45.4M, up 5.0% from the prior year.

Baltimore Jewish Health Foundation Inc derives 100% from investment income.

Baltimore Jewish Health Foundation Inc allocates 93% to programs, 7% to management and general.

Revenue grew by 44.2% while expenses declined by only 2.3%, suggesting improving operational efficiency.

Baltimore Jewish Health Foundation Inc distributed $2.2M in grants to other organizations and individuals, representing 93% of total expenses.

Over 5 filings from 2019–2023, Baltimore Jewish Health Foundation Inc grew revenue from $594K to $731K (+22.9%) while maintaining a program expense ratio of 93%.

Baltimore Jewish Health Foundation Inc holds $45.4M in total assets against $0 in liabilities (debt-to-asset ratio of 0%). The organization has 234.9 months of operating reserves. Cash and equivalents of $0 cover approximately 0.0 months of expenses.

Revenue

YearTotal RevenueContributionsGov't GrantsProgram RevenueInvestment
2023$731K$0$0$0$731K
2022$507K$0$0$0$507K
2021$1.6M$0$0$0$1.6M
2020$1.2M$0$0$0$1.2M
2019$594K$0$0$0$594K

Expenses

YearTotal ExpensesProgramManagementFundraisingGrants Paid
2023$2.3M$2.2M$158K$0$2.2M
2022$2.4M$2.2M$174K$0$2.2M
2021$2.9M$2.7M$210K$0$2.7M
2020$2.3M$2.1M$185K$0$2.1M
2019$2.3M$2.2M$170K$0$2.2M

Program Expense Ratio

93.2%

Admin Expense Ratio

6.8%

Fundraising Efficiency

Operating Reserve

234.9 mo

People & Compensation(Tax Year 2023)

7 records

Compensation Summary

Baltimore Jewish Health Foundation Inc reported compensation for 7 officers and key employees. Total officer compensation was $3.0M, representing 128.6% of total expenses. 2 individuals received total compensation exceeding $500,000.

Baltimore Jewish Health Foundation Inc's highest-compensated individual received $1.8M in total compensation. Total officer compensation of $3.0M represents 128.6% of total expenses. 2 individuals received total compensation exceeding $1,000,000.

NameTitleTypeHours/wkComp from OrgRelated OrgsTotal
DAVID KRAJEWSKIASSISTANT TREASURER
Officer
1.00$0$1,730,081$1,776,381
JASON H WEINERASSISTANT SECRETARY
Officer
1.00$0$1,002,448$1,207,976
ANDREW CUSHNIREX OFF.,PRESIDENT
OfficerDirector
1.00$0$0$0
MARC TERRILLEX OFF.,PRESIDENT
OfficerDirector
1.00$0$0$0
YEHUDA NEUBERGERDIRECTOR
Director
1.00$0$0$0
MARK SMOLARZASSISTANT TREASURER
Officer
1.00$0$0$0
DAVID GOLDNEREX OFFICIO, SECRE./TREAS.&DIR.
OfficerDirector
1.00$0$0$0

Compensation Breakdown

Schedule J detail — base, bonus, benefits, and executive perks

DAVID KRAJEWSKI

Base Salary

Bonus

Other Reportable

Retirement/Deferred

Nontaxable Benefits

JASON H WEINER

Base Salary

Bonus

Other Reportable

Retirement/Deferred

Nontaxable Benefits

Top Contractors(Tax Year 2023)

1 record

Contractor Summary

Baltimore Jewish Health Foundation Inc reported 1 contractor receiving over $100,000, with total contractor payments of $172K.

NameServiceCompensation
ASSOC JEWISH COMM FED OF BALTIMOINVESTMENT MGMT$172,239

Governance & Compliance(Tax Year 2023)

Governance Snapshot

Baltimore Jewish Health Foundation Inc has 4 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 3 members, 3 of whom are independent.

Baltimore Jewish Health Foundation Inc's financial statements are audited.

Policies & Oversight

Conflict of interest policy
Whistleblower policy
Document retention policy
CEO compensation review process
Other officer compensation review
990 provided to governing body
Board members3
Independent members3

Audit & Financial Oversight

Financial statements audited
Independent audit
Audit committee
Federal grant audit required

Grants Awarded(Tax Year 2023)

1 record

Grantmaking Summary

Baltimore Jewish Health Foundation Inc awarded $2.2M across 1 grant to organizations. Top recipients include SINAI HOSPITAL OF BALTIMORE INC (BALTIMORE, MD) — $2.2M for see part iv.

Organization Grants

RecipientLocationAmountPurpose
SINAI HOSPITAL OF BALTIMORE INC520486540BALTIMORE, MD$2.2MSEE PART IV

Supplemental Financial Data(Tax Year 2023)

Schedule D Highlights

The endowment stands at $4.5M.

Filing History(Tax Years 1998–2023)

5 records

Showing the 5 Form 990 filings currently in our system.

Tax YearFormPeriodRevenueExpensesNet Assets
2023
990
2023-07-01 – 2024-06-30$731K$2.3M$45.4M
2022
990
2022-07-01 – 2023-06-30$507K$2.4M$43.3M
2021
990
2021-07-01 – 2022-06-30$1.6M$2.9M$43.6M
2020
990
2020-07-01 – 2021-06-30$1.2M$2.3M$52.8M
2019
990
2019-07-01 – 2020-06-30$594K$2.3M$41.8M
1998–2018No filings acquired yet

Frequently Asked Questions

What does Baltimore Jewish Health Foundation Inc do?

TO SUPPORT SINAI HOSPITAL OF BALTIMORE, INC.

How much revenue does Baltimore Jewish Health Foundation Inc have?

Baltimore Jewish Health Foundation Inc reported $730,537 in total revenue for tax year 2023, up 44.2% from the prior year.

Who is the highest-paid executive at Baltimore Jewish Health Foundation Inc?

DAVID KRAJEWSKI, ASSISTANT TREASURER, received $1,776,381 in total compensation as of tax year 2023.

Is Baltimore Jewish Health Foundation Inc a 501(c)(3)?

Yes, Baltimore Jewish Health Foundation Inc is classified as a 501(c)(3) tax-exempt organization.

Where is Baltimore Jewish Health Foundation Inc located?

Baltimore Jewish Health Foundation Inc is headquartered in BALTIMORE, MD 21215.

Is Baltimore Jewish Health Foundation Inc audited?

Yes, Baltimore Jewish Health Foundation Inc's financial statements are audited.

Does Baltimore Jewish Health Foundation Inc give grants?

Yes, Baltimore Jewish Health Foundation Inc distributed $2,163,649 in grants to other organizations and individuals in tax year 2023. Top recipients include SINAI HOSPITAL OF BALTIMORE INC.

Data Source

Prepared by: BDO USA, MCLEAN, VA

IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.

Publicly available IRS data
Verified filing records
Updated quarterly
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