Chesapeake Regional Medical Group
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,932,785 | 11,831,892 | −4,899,107 | 1.0 | 0% |
| 2012 | 7,012,474 | 10,164,760 | −3,152,286 | 2.3 | 0% |
| 2013 | 5,596,049 | 11,626,318 | −6,030,269 | 2.7 | 56% |
| 2014 | 5,648,010 | 11,020,744 | −5,372,734 | -9.2 | 62% |
| 2015 | 5,295,361 | 10,139,523 | −4,844,162 | -15.7 | 64% |
| 2016 | 6,162,333 | 11,839,759 | −5,677,426 | -19.2 | 69% |
| 2017 | 7,167,900 | 12,854,801 | −5,686,901 | -23.0 | 69% |
| 2018 | 7,114,776 | 13,431,822 | −6,317,046 | -27.6 | 70% |
| 2019 | 8,064,956 | 16,079,192 | −8,014,236 | -29.1 | 68% |
| 2020 | 9,094,594 | 19,811,780 | −10,717,186 | -30.1 | 65% |
| 2021 | 12,231,172 | 24,302,432 | −12,071,260 | -30.6 | 66% |
| 2022 | 15,896,081 | 31,107,183 | −15,211,102 | -29.7 | 65% |
| 2023 | 18,037,107 | 34,551,510 | −16,514,403 | -32.7 | 66% |
In its most recent public year (2023), this organization spent $16,514,403 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-32.7 months), down from 1 in 2011. Staff pay was 66% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Chesapeake Regional Medical Group's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works