Chesapeake Employers' Insurance Company
CHESAPEAKE EMPLOYERS' INSURANCE COMPANY WAS ESTABLISHED BY STATUTE TO BE THE WORKERS' COMPENSATION INSURER OF LAST RESORT AS WELL AS A COMPETITIVE INSURER IN THE STATE OF MARYLAND.
Financial Overview
From 2022 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$76K
+155.5% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$15K
+104.4% YoY
About Chesapeake Employers' Insurance Company
Based on IRS filings
Chesapeake Employers' Insurance Company is a nonprofit organization focused on Mutual/Membership Benefit, based in TOWSON, MD. IRS filing data is available from 2020 through 2022. In 2022, it awarded 5 grants totaling $76K. Net investment income was $42.4M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | — | $2,512,331,700 | $2,428,633,683 |
| Revenue | $134,874,292 | $337,070,745 | $293,707,514 |
| Expenses | $101,231,861 | $209,706,302 | $209,591,605 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $42,411,194 | $167,646,106 | $105,713,808 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2022
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2022 grants, the largest include United Way of Central Maryland ($35,072), Americas Charities ($13,582), Associated Black Charities ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UNITED WAY OF CENTRAL MARYLAND BALTIMORE, MD | GENERAL SUPPORT | $35,072 |
| AMERICAS CHARITIES CHANTILLY, VA | GENERAL SUPPORT | $13,582 |
| ASSOCIATED BLACK CHARITIES BALTIMORE, MD | CHARITY GOLF EVENT | $10,000 |
| BALTIMORE SYMPHONY ORCHESTRA BALTIMORE, MD | GENERAL SUPPORT | $10,000 |
| FRANCISCAN CENTER INC BALTIMORE, MD | CHARITY GOLF EVENT | $7,800 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2022 IRS filing
From 2022 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS PHELAN | CHIEF EXECUTIVE OFFICER | 30 | $405,160 |
| KEVIN BINGHAM | CHIEF RESULTS OFFICER | 30 | $339,681 |
| PAIGE BECK | PRESIDENT | 30 | $215,914 |
| FRANK LINARDI | CHIEF FINANCIAL OFFICER | 30 | $153,165 |
| CARMINE D'ALESSANDRO | CHIEF LEGAL OFFICER | 30 | $144,506 |
| SHARON ROWELL | CHIEF ADMINISTRATIVE OFFICER | 30 | $148,375 |
| SONG HE | CHIEF INVESTMENT OFFICER | 30 | $129,545 |
| STEPHEN FISHER | MEDICAL CONSULTANT | 30 | $115,440 |
| SUZANNE THOMPSON | BOARD CHAIR | 1.5 | $23,244 |
| FRANKLIN HAJEK | DIRECTOR | 1.5 | $22,699 |
| MARIA TILDON | DIRECTOR (TO JUN '22) | 1.5 | $22,715 |
| SPENCER CAVALIER | DIRECTOR | 1.5 | $21,563 |
| KETURAH MCGHEE | DIRECTOR | 1.5 | $20,819 |
| MARTIN MADDEN | DIRECTOR | 1.5 | $20,719 |
| JOHN SCOTT JR | VICE CHAIR | 1.5 | $20,719 |
| JASON SCHUPP | DIRECTOR | 1.5 | $20,719 |
| THEODORE ALEXANDER III | DIRECTOR | 1.5 | $10,361 |
| SALLY JAMESON | DIRECTOR (FROM JUN '22) | 1.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Chesapeake Employers' Insurance Company?
Chesapeake Employers' Insurance Company is a nonprofit organization focused on Mutual/Membership Benefit, based in TOWSON, MD. It holds — in total assets as of 2022.
Where does Chesapeake Employers' Insurance Company operate?
Chesapeake Employers' Insurance Company has awarded grants in District of Columbia, Maryland, Virginia.
What size grants does Chesapeake Employers' Insurance Company award?
In 2022, Chesapeake Employers' Insurance Company awarded 5 grants totaling $76K — an average of about $15K per grant, based on its IRS Form 990 filings.
What is Chesapeake Employers' Insurance Company's EIN?
Chesapeake Employers' Insurance Company's EIN (Employer Identification Number) is 46-1056754. IRS Form 990 filing data is available on this page for 2020–2022.
Explore Open Grants
Browse active grant opportunities in Chesapeake Employers' Insurance Company's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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