Luminis Health
Legal name: Luminis Health Inc
Nonprofit profile at a glance
- EIN
- 521622253
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Annapolis, MD, USA
- Phone
- 443-951-4270
- Rating
- 55
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Community Health Systems
Reported finances
- Revenue
- $167,378,576
- Expenses
- $164,857,851
- Assets
- $905,704,089
- Liabilities
- $137,130,894
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
31 people listed
Executive titles in this filing
- VICTORIA BAYLESS (CEO/BOARD MEMBER)
- SHERRY PERKINS (PRESIDENT OF LHAAMC)
- DENEEN RICHMOND (PRESIDENT OF LHDCMC)
Highest reported compensation
- VICTORIA BAYLESS (CEO/BOARD MEMBER): $3,409,414 total reported compensation
- JEFFREY GELFAND (BOARD MEMBER): $1,337,384 total reported compensation
- MITCHELL SCHWARTZ MD (CHIEF PHYSICIAN EXECUTIVE): $1,094,436 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Support and encourage quality health care, medical, and related services across anne arundel, prince george's, calvert, queen anne's, and talbot and kent counties, by among other activities, conducting fundraising and other operations for the benefit of and providing overall policy coordination and strategic long-range planning for luminis health anne arundel medical center, inc., luminis health doctors community medical center inc. And related subsidiaries that are engaged in the provision of health care, medical, human and related services.
What it reported doing in 2024
Luminis health, inc. Operates through its ownership of luminis health collaborative care network, llc the aamc collaborative care network, which is a medicare shared savings program (mssp) aco track 1. The aco is a group of providers who have voluntarily come together with medicare to provide high quality care to assigned group of medicare beneficiaries. While providing high quality, coordinated care, the aco is also lowering the growth in health care costs.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 24
- Transparency & Controls: 65
- Accountability: 93
- Sustainability: 55
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 26.7%; rating input score 27
- Program expense ratio: 27.1%; rating input score 27
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: Scored; rating input score 0
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 87.5%; rating input score 88; 34th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 1.5%; rating input score 40; 40th percentile among comparable filings
- Total-asset coverage ratio: 5.49; rating input score 86; 86th percentile among comparable filings
- Liabilities to assets ratio: 0.15; rating input score 75; 75th percentile among comparable filings
- Officer compensation ratio: 5.3%; rating input score 15; 15th percentile among comparable filings
Growth
- Program expense growth: 27.2% per year; rating input score 100; 95th percentile among comparable filings
- Revenue growth: 25.7% per year; rating input score 100; 96th percentile among comparable filings
- Asset growth: 6.8% per year; rating input score 100; 50th percentile among comparable filings
Details
- What they do: 2 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 26.7% of revenue deployed · 27.1% of spending went to programs
- Governance: 14 of 16 board members independent · 9 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $44.7M in reported program spending
- Leadership: top reported pay $3.4M · 31 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $9M reported
- Consistency: 34 of 34 current checks pass
- Schedules: 8 filed schedules · includes major donors, foreign activity, executive pay, and related organizations
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 13 filed money-flow records
- Related organizations: 25 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- 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 — Financial Efficiency: Mission deployment rate scored 27/100.
- High — Financial Efficiency: Program expense ratio scored 27/100.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- Moderate — Sustainability: Operating margin scored 40/100.
- High — Sustainability: Officer compensation ratio scored 15/100.