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Avmed Inc

Foundation · Grantmaker Virginia Beach, VA EIN: 59-2742907 Website

AS PART OF SENTARA HEALTH'S INTEGRATED HEALTH CARE SYSTEM, WE IMPROVE HEALTH EVERY DAY BY PROVIDING ACCESS TO HIGH-QUALITY, AFFORDABLE HEALTH CARE SERVICES THROUGH A NETWORK OF CREDENTIALED HEALTH CARE PROVIDERS. AVMED, INC. PROVIDES AFFORDABLE, NON-COMMERCIAL-TYPE HEALTH BENEFITS CONTRACTS, EDUCATES ITS ENROLLEES ABOUT HEALTH ISSUES, PROVIDES WELLNESS AND DISEASE PREVENTION PROGRAMS, CONDUCTS HEALTH FAIRS, PROVIDES DISEASE AND CHRONIC CARE MANAGEMENT PROGRAMS, MANAGES COMPLEX CASES, AND PROVIDES PRESCRIPTION DRUGS AND CERTAIN MEDICAL RESEARCH PROGRAMS. AVMED, INC. OFFERS ITS PROGRAM OF SERVICES AT AFFORDABLE FIXED PRICES TO FLORIDA EMPLOYERS AND VULNERABLE POPULATIONS INCLUDING INDIVIDUALS, SMALL EMPLOYER GROUPS AND SENIOR CITIZENS THROUGH THE MEDICARE ADVANTAGE PROGRAM (INCLUDING PRESCRIPTION DRUGS).

Key facts about Avmed Inc

EIN
59-2742907
Latest 990 filing
Form 990-PF, 2024
Total assets
$444,319,576

Data from IRS Form 990-PF, 2024; updated September 2026.

Next steps with Avmed Inc

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$444.3M

-17.3% YoY

Revenue

$616.6M

-11.8% YoY

Net Investment Income

$9.7M

+38.0% YoY

Expenses

$800.7M

-1.1% YoY

About Avmed Inc

Based on IRS filings

Avmed Inc is a nonprofit organization, based in Virginia Beach, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $444.3M in total assets. Net investment income was $9.7M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Gainesville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$272M$544M$816M$1.1B20202021202220232024
Metric202420232022
Total Assets$444,319,576$536,967,116$378,952,909
Revenue$616,585,583$698,732,792$823,068,692
Expenses$800,710,663$809,427,276$988,921,823
Qualifying Distributions———
Net Investment Income$9,677,253$7,013,022$-1,515,831
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$3M$4M$5M1 grants20200 grants20210 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

1 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M1$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

James M Repp — Director: $2.0MJames M ReppDirector$2.0MCatherine a Allen — Sr. VP Chief Marketing Officer: $940KCatherine a AllenSr. VP Chief Marketing Officer$940KFrank Izquierdo — Sr. VP Provider Solutions: $922KFrank IzquierdoSr. VP Provider Solutions$922KChristine M Shipley — Sr. VP Chief People Officer: $907KChristine M ShipleySr. VP Chief People Officer$907KEric D Johnson — Sr. VP Chief Actuary, CIO: $886KEric D JohnsonSr. VP Chief Actuary, CIO$886KPaul Aitken MD — Sr. VP Cmo (Thru 9/8/23): $700KPaul Aitken MDSr. VP Cmo (Thru 9/8/23)$700KRobert D Bonnell MD — Regional Medical Director: $647KRobert D Bonnell MDRegional Medical Director$647KTimothy Matsubara — VP Finance: $633KTimothy MatsubaraVP Finance$633KJavier Mendoza — VP Product Portfolio Mgmt: $591KJavier MendozaVP Product Portfolio Mgmt$591KAndres Gonzalez — VP Deputy General Counsel: $582KAndres GonzalezVP Deputy General Counsel$582KIan M Andes — VP Provider Contract & SVS: $539KIan M AndesVP Provider Contract & SVS$539K

From 2024 IRS filing

NameTitleHoursCompensation
Dennis a MatheisDirector1—
Colin DrozdowskiDirector/President1—
James M ReppDirector1—
G Wilkins Hubbard II MDDirector1—
Jeffery O Smith Ed DDirector1—
Cathie J VickDirector1—
Daryl L JonesDirector1—
Frederick C CobleDirector1—
J Les HallDirector1—
Nancy R BoteroDirector1—
Robert C FortDirector/Chair1—
Robert a BroermannTreasurer1—
Earl J Barnes IISecretary1—
Christine M ShipleyFormer Ke——
Eric D JohnsonFormer Ke——
Frank IzquierdoFormer Ke——
Catherine a AllenFormer Ke——
Timothy MatsubaraFormer T5——
Andres GonzalezFormer T5——
Robert D Bonnell MDFormer T5——
Ian M AndesFormer T5——
Javier MendozaFormer T5——

Frequently Asked Questions

How large is Avmed Inc?

As of 2024, Avmed Inc holds $444.3M in total assets with $616.6M in annual revenue.

Where does Avmed Inc operate?

Avmed Inc has awarded grants in Florida.

What is Avmed Inc's EIN?

Avmed Inc's EIN (Employer Identification Number) is 59-2742907. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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