Luminis Health Clinical Enterprise Inc
Nonprofit profile at a glance
- EIN
- 871489240
- IRS 990 coverage
- 2021–2021
- Forms available
- Form 990 2021
- Location
- Annapolis, MD, USA
- Phone
- 4434811308
- Rating confidence
- Limited
Reported finances
- Revenue
- $0
- Expenses
- $0
- Assets
- $91,590,776
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- VICTORIA W BAYLESS (LUMINIS CEO/BOARD MEMBER)
- MITCHELL SCHWARTZ MD (PRESIDENT/TRUSTEE)
Highest reported compensation
- VICTORIA W BAYLESS (LUMINIS CEO/BOARD MEMBER): $2,217,441 total reported compensation
- MITCHELL SCHWARTZ MD (PRESIDENT/TRUSTEE): $1,200,505 total reported compensation
- ROBERT REILLY (FORMER CFO & TREASURER): $797,040 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Luminis health clinical enterprise, inc.'s exempt purpose is to provide common management, supervision and direction to the non-profit, non-hospital components of the luminis health system.
What it reported doing in 2021
To provide common management, supervision and direction to the non-hospital components of luminis health system.
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 46
- Accountability: 72
- Sustainability: 8
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 71.4%; rating input score 71; 0th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 66.7%; rating input score 67; 22nd percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: Limited
- Liabilities to assets ratio: 0; rating input score 70; 70th percentile among comparable filings
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 4 of 6 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $2.2M · 10 people listed · 0 of 6 pay-setting controls reported
- Consistency: 9 of 11 current checks pass · 2 findings to review
- Schedules: 5 filed schedules · includes executive pay
- Contacts: How to reach this organization
- Related organizations: 23 filed related-organization links
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.