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
Total Assets
—
-100.0% YoY
Annual Giving
$76K
+155.5% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$15K
+104.4% YoY
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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
No grants recorded for .
Who else does Chesapeake Employers' Insurance Company fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
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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 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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