Avmed Inc logo

Avmed Inc

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).

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

1states

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

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 .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 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

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

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