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Filing year 2023

HEALTHCARE INITIATIVE FOUNDATION

Germantown, Maryland·EIN 23-7324576·NTEE E120 · Health Care·501(c)(3)
Total revenue
$2.6M
Total assets
$30.6M
Total expenses
$1.7M
Reported officers
8

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Health Care organizations in Maryland.

President and CEO
Median to 75th percentile
$224k
$246k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at HEALTHCARE INITIATIVE FOUNDATION equaled 13% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
13%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$1.1M

Itemized grants

47

Median grant

$23k

RecipientLocationPurposeAmount
THE UNIVERSITIES AT SHADY GROVEROCKVILLE, MDENHANCING HEALTHCARE CAREER PATHWAYS THROUGH MONTGOMERY COLLEGE AND THE UNIVERSITIES AT SHADY GROVE$100k
THE UNIVERSITIES AT SHADY GROVEROCKVILLE, MDENHANCING HEALTHCARE CAREER PATHWAYS THROUGH MONTGOMERY COLLEGE AND THE UNIVERSITIES AT SHADY GROVE$100k
PRIMARY CARE COALITION OF MONTGOMERY COUNTY INC (PCC)SILVER SPRING, MDSUPPORTING INFRASTRUCTURE NEWS FOR MONTGOMERY CARES CLINICS$81k
IDENTITY INC (FISCAL SPONSOR)GAITHERSBURG, MDBUILDING A TRAUMA-RESPONSIVE ECOSYSTEM IN TWO HIGH-NEED MONTGOMERY COUNTY HIGH SCHOOLS$63k
PRIMARY CARE COALITION OF MONTGOMERY COUNTY INC (PCC)SILVER SPRING, MDSUPPORTING INFRASTRUCTURE NEWS FOR MONTGOMERY CARES CLINICS$51k
IDENTITY INC (FISCAL SPONSOR)GAITHERSBURG, MDBUILDING A TRAUMA-RESPONSIVE ECOSYSTEM IN TWO HIGH-NEED MONTGOMERY COUNTY HIGH SCHOOLS$38k
WUMCO HELP INCPOOLESVILLE, MDPROVIDING DENTAL SERVICES TO UNDERSERVED$30k
COMMUNITY FARMSHAREPOOLESVILLE, MDFOOD IS MEDICINE - EXPANDING PRODUCE PRESCRIPTIONS AND BROADENING COMMUNITY HEALTHY FOOD ACCESS.$25k
COMMUNITY REACH OF MONTGOMERY COUNTYROCKVILLE, MDMANSFIELD KASEMAN HEALTH CLINIC: HEALTHCARE FOR THE MEDICALLY UNDERSERVED$25k
STEPPING STONES SHELTERROCKVILLE, MDSTEPPING STONES SHELTER MATERNITY HOUSE$25k
THE CAREERCATCHERS INCSILVER SPRING, MDHEALTHCARE WORKFORCE DEVELOPMENT PROGRAM$25k
AMERICAN DIVERSITY GROUPGERMANTOWN, MDDENTAL CARE FOR UNDERSERVED COMMUNITIES - HEALTHY SMILES$24k
AYUDAWASHINGTON, DCTRAUMA-INFORMED HEALTH & WELLNESS PROGRAM$24k
CARE FOR YOUR HEALTH INCGERMANTOWN, MDSTRENGTHENING PREVENTION AND MANAGEMENT OF DIABETES AND PRE-DIABETES IN LOW-INCOME COMMUNITIES$24k
CHINESE CULTURE AND COMMUNITY SERVICE CENTER INCGAITHERSBURG, MDHEALTHCARE 360 PROGRAM$24k
EVERYMIND (FORMERLY MHA OF MOCO)ROCKVILLE, MDEQUITABLE ACCESS TO HEALTHCARE WORKFORCE CAREERS$24k
MANNA FOOD CENTERSILVER SPRING, MDSUPPORTING HEALTHY FOOD DISTRIBUTION TO COMMUNITIES IN NEED$24k
MID-COUNTY UNITED MINISTRIES INCWHEATON, MDHEALTHY FOOD FOR BETTER HEALTH$24k
MOBILE MEDICAL CAREBETHESDA, MDUTILIZING UPGRADED ELECTRONIC HEALTH RECORD (EHR) SYSTEM FOR IMPROVED PATIENT ENGAGEMENT$24k
PREVENTION OF BLINDNESS SOCIETY OF METROPOLITAN WASHINGTONWASHINGTON, DCGLASSES4SCHOLARS$24k
THE AMERICAN HEART ASSOCIATIONARLINGTON, VACREATING COMMUNITY TO CLINICAL LINKAGES TO ADDRESS HYPERTENSION IN MONTGOMERY COUNTY$24k
VIETNAMESE AMERICANS SERVICES INCSILVER SPRING, MDACCESIBLE CARE FOR SENIORS$24k
WUMCO HELP INCPOOLESVILLE, MDWESTERN COUNTY HEALTHCARE ACCESS IMPROVEMENT INITIAITIVE$24k
AFRITHRIVE INCSILVER SPRING, MDFOOD AS MEDICINE FOR COMMUNITY WELLNESS$23k
IDENTITY INC (FISCAL SPONSOR)GAITHERSBURG, MDSUBSTANCE USE PREVENTION AND HARM REDUCTION INITIATIVE$23k
Compare this foundation's grantees

Up 7%
from 2022

From $210k in 2022 to $224k in 2023.

$210k
2022
$224k
2023
In today's dollarsEst.
Up 4% in real terms$237k to $246k

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 7% from 2022 to 2023, while revenue rose 116%.

$210k in 2022 to $224k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

HEALTHCARE INITIATIVE FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.2M
$1.8M
2022
$2.6M
$1.7M
2023
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Health Care executives earn in Maryland

Comparable health care organizations in Maryland pay their highest-earning executive a median of $175,034.

25th percentile
$73k
Median
$175,034
75th percentile
$380k
90th percentile
$930k

These are health care sector-wide figures, not this organization's reported pay. Based on 309 organizations across 309 filings (2022 – 2024).

See full Health Care pay data for Maryland
FAQ

Common questions about HEALTHCARE INITIATIVE FOUNDATION

What does the Chief Executive Officer of HEALTHCARE INITIATIVE FOUNDATION earn?

In 2023, the Chief Executive Officer of HEALTHCARE INITIATIVE FOUNDATION received $224,396 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Health Care organizations in Maryland, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at HEALTHCARE INITIATIVE FOUNDATION compare with similar nonprofits?

Compared with the same role at Health Care organizations in Maryland, the 2023 pay of the Chief Executive Officer at HEALTHCARE INITIATIVE FOUNDATION falls between the median and the 75th percentile. In 2023, the highest total compensation at HEALTHCARE INITIATIVE FOUNDATION equaled 13% of the organization's total expenses. The median for health care organizations is 4%.

What are HEALTHCARE INITIATIVE FOUNDATION's revenue and expenses?

In 2023, HEALTHCARE INITIATIVE FOUNDATION reported $2.6M in total revenue and $1.7M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.