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Chesapeake Regional Medical Group

Chesapeake, VA · EIN 26-2366542 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Chesapeake Regional Medical Group reported $22.2 million in revenue and $45.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $90.49 went to program services, $9.51 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 96.0% of the total. The highest compensation it reported for one person was $1,186,824 (PHYSICIAN). 81 people received more than $100,000 in reportable compensation. Revenue rose 144% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $46M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $22M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
90.5%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
9.5%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.0%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
96.0%93.7%
Highest reported compensation
Part VII-A, columns D–F
$1,186,824$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.60%1.34%
People paid over $100,000
Part VII, line 2
8127
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-36.26.6
Independent voting board members
Part VI 1a–1b
4 of 488.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$41M expenses · 100.0% of program spending · revenue $22M

Provide physician services to chesapeake, virginia area

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PHYSICIAN
Highest compensated employee, 40.0 hrs/week
$1,186,824$0$0$1,186,824
CEO & PRESIDENT
Officer, 0.1 hrs/week
$0$1,029,040$55,200$1,084,240
PHYSICIAN
Highest compensated employee, 40.0 hrs/week
$1,030,754$0$0$1,030,754
PHYSICIAN
Highest compensated employee, 40.0 hrs/week
$818,343$0$0$818,343
PHYSICIAN
Highest compensated employee, 40.0 hrs/week
$740,002$0$0$740,002
CFO
Officer, 0.1 hrs/week
$0$570,704$55,200$625,904
PHYSICIAN
Highest compensated employee, 40.0 hrs/week
$618,750$0$0$618,750
TREASURER
Director/trustee, 2.0 hrs/week
$0$14,287$0$14,287

81 people received more than $100,000 in reportable compensation from Chesapeake Regional Medical Group (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$22M$46M90.5%−$138M$1,186,824
FY2024 ⓘ$20M$40M89.3%−$114M$1,129,044
FY2023 ⓘ$18M$35M97.0%−$94M$859,153
FY2022 ⓘ$16M$31M97.1%−$77M$850,186
FY2021 ⓘ$12M$24M95.6%−$62M$850,186
FY2020 ⓘ$9.1M$20M96.2%−$50M$661,653

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b4 · 4 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5276

Correct a figure or respond

Every number above is copied from Chesapeake Regional Medical Group's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Chesapeake Regional Medical Group, you can publish a response that is linked from this page.

Questions people ask

How much of Chesapeake Regional Medical Group's spending goes to programs?

In the fiscal year ending June 30, 2025, Chesapeake Regional Medical Group reported that 90.5% of its $45.6 million in expenses went to program services, 9.5% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Chesapeake Regional Medical Group pay its top executive?

The largest total compensation Chesapeake Regional Medical Group reported for one person in the fiscal year ending June 30, 2025 was $1,186,824, for the role of PHYSICIAN (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Chesapeake Regional Medical Group get its money?

Of $22.2 million in revenue in the fiscal year ending June 30, 2025, 0.0% came from contributions and grants and 96.0% from program service revenue (Form 990, Part VIII).

Is Chesapeake Regional Medical Group a registered charity?

The IRS lists EIN 26-2366542 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202611359349313616 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531359349312868 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411369349318456 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341359349318524 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231369349311603 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202110559349300101 · read the filing

All filings for EIN 26-2366542: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.