Avmed Inc
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).
Avmed Inc at a glance
- Total assets
- $444,319,576
- -17.3% vs 2023
- Revenue (2024)
- $616,585,583
- -11.8% vs 2023
- Net investment income (2024)
- $9,677,253
- +38.0% vs 2023
- Expenses (2024)
- $800,710,663
- -1.1% vs 2023
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Avmed Inc funds
How this funder distributes its grants
Grant Size Distribution
1 grant across all recorded years
The most common grant size was $5M or more: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2020 it made 1 grant totaling $5.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Santafe Healthcare Inc Gainesville, FL | Avmed, inc. Provided its supporting organization (santafe healthcare, inc.) a grant in the amount of $5,000,000 to support and further the mission and tax exempt purposes of santafe healthcare, inc. | $5,000,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $444,319,576 | $616,585,583 | $800,710,663 | — | — | $9,677,253 |
| 2023 | $536,967,116 | $698,732,792 | $809,427,276 | — | — | $7,013,022 |
| 2022 | $378,952,909 | $823,068,692 | $988,921,823 | — | — | $-1,515,831 |
| 2021 | $315,740,193 | $800,159,081 | $821,686,669 | — | — | $29,135,269 |
| 2020 | $369,005,031 | $708,415,108 | $692,467,099 | $5,000,000 | 1 | $13,407,456 |
About Avmed Inc
Based on IRS filings
Avmed Inc is a public charity, 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.
Leadership & Key People
Officers and directors from IRS filings
Avmed Inc is led by Colin Drozdowski, Director & President on every filing since 2023; none of the 22 officers listed in 2024 report compensation.
Officers on the 2024 filing
Colin Drozdowski
Director & President
On filings since 2023
1 hr/week
No compensation reported
Robert C. Fort
Director & Chair
Director & Chairman → Director & Chair, 2024
On filings since 2023
1 hr/week
No compensation reported
James M. Repp
Director
President & Chief Operating Officer → Director, 2023
On filings since 2020
1 hr/week
$2M (2023) → $0 (2024)
Cathie J. Vick
Director
On filings since 2023
1 hr/week
No compensation reported
Daryl L. Jones
Director
On filings since 2023
1 hr/week
No compensation reported
Dennis A. Matheis
Director
On filings since 2023
1 hr/week
No compensation reported
Frederick C. Coble
Director
On filings since 2023
1 hr/week
No compensation reported
G. Wilkins Hubbard II MD
Director
On filings since 2023
1 hr/week
No compensation reported
J. Les Hall
Director
On filings since 2023
1 hr/week
No compensation reported
Jeffery O. Smith Ed D.
Director
On filings since 2023
1 hr/week
No compensation reported
Nancy R. Botero
Director
On filings since 2023
1 hr/week
No compensation reported
Javier Mendoza
Former T5
Vice President Product Portfolio Management → Former T5, 2024
On filings since 2020
$591K (2023) → $0 (2024)
Robert D. Bonnell MD
Former T5
Regional Medical Director → Former T5, 2024
On filings since 2020
$647K (2023) → $0 (2024)
Andres Gonzalez
Former T5
Vice President Deputy General Counsel → Former T5, 2024
On filings since 2023
$582K (2023) → $0 (2024)
Catherine A. Allen
Former Ke
Senior Vice President Chief Marketing Officer → Former Ke, 2024
On filings since 2023
$940K (2023) → $0 (2024)
Christine M. Shipley
Former Ke
Senior Vice President Chief People Officer → Former Ke, 2024
On filings since 2023
$907K (2023) → $0 (2024)
Eric D. Johnson
Former Ke
Senior Vice President Chief Actuary & CIO → Former Ke, 2024
On filings since 2023
$886K (2023) → $0 (2024)
Frank Izquierdo
Former Ke
Senior Vice President Provider Solutions → Former Ke, 2024
On filings since 2023
$922K (2023) → $0 (2024)
Ian M. Andes
Former T5
Vice President Provider Contract & Svs → Former T5, 2024
On filings since 2023
$539K (2023) → $0 (2024)
Timothy Matsubara
Former T5
Vice President Finance → Former T5, 2024
On filings since 2023
$633K (2023) → $0 (2024)
Earl J. Barnes II
Secretary
On filings since 2023
1 hr/week
No compensation reported
Robert A. Broermann
Treasurer
On filings since 2023
1 hr/week
No compensation reported
Former officers (32)
- Former: Paul Aitken MD (2023) — Senior Vice President CMO
- Former: Benjamin I. Doerr Jr. (2020–2022) — Treasurer & Director
- Former: George E. Fletcher (2020–2022) — Director
- Former: Glenda E. Hood (2020–2022) — Chair & Director
- Former: Jackson N. Sasser PhD (2020–2022) — Vice Chair & Director
- Former: James D. Lee (2020–2022) — Director
- Former: Katherine L. Fernandez (2020–2022) — Secretary & Director
- Former: Lawrence G. Schreiber (2020–2022) — Chief Executive Officer & Director
- Former: Lynn E. Monaco (2020–2022) — Assistant General Counsel
- Former: Ognian K. Asparouhov PhD (2020–2022) — Director Advanced Analytics
- Former: Pamela J. Mooney PhD (2020–2022) — Director
- Former: Randall L. Stuart (2020–2022) — Senior Vice President, CFO & Assistant Treasurer
- Former: Robert L. Epling (2020–2022) — Treasurer & Director
- Former: Steven M. Ziegler (2020–2022) — Senior Vice President Legal, Compliance & Assistant Secretary
- Former: Eduardo E. De Armas (2021–2022) — Senior Sales Representative
- Former: Arvind Kumar (2022) — Director Business Intelligence
- Former: Gregory A. Haile (2022) — Director
- Former: Kevin R. Maddron (2022) — Director
- Former: Patricia L. Turner (2022) — Director Finance Planning & Analysis
- Former: Philip G. Bowling (2022) — Senior Vice President, CFO & Assistant Treasurer
- Former: Rita M. Barreto (2022) — Director
- Former: Albert E. Dotson PhD (2020–2021) — Secretary & Director
- Former: Ann O. Wehr MD (2020–2021) — Former Senior Vice President & Chief Med. Officer
- Former: Joseph W. Davis (2020–2021) — Director
- Former: Juan L. Herrera (2020–2021) — Director Actuarial Strategy
- Former: Shawn Barger (2020–2021) — Director Clin Phar. Management
- Former: Winston H. Lonsdale (2020–2021) — Senior Vice President Dlvy Solns & CIO
- Former: Edwin Rodriguez MD (2020) — Reg. Medical Director
- Former: Joshua R. Phelps (2020) — Director Actuarial Liabilities
- Former: Paul R. Philip (2020) — Director
- Former: R. Bradford Bentley (2020) — Former Senior Vice President Segment Strategy
- Former: Thomas A. Natiello PhD (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2023 IRS filing
The highest reported compensation on the 2023 filing was $2.0M, to James M Repp (Director). 11 officers or directors reported compensation on that filing.
Frequently asked questions about Avmed Inc
How large is Avmed Inc?
Avmed Inc reported $444.3M in total assets on its 2024 IRS Form 990. Its revenue that year was $616.6M.
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.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS October 25, 2021)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Avmed Inc's focus areas in our free grants database
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