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Lifenet Health

VIRGINIA BEACH, VA EIN: 52-1273592 Website

SEE SCHEDULE O

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$650.8M

+2.1% YoY

Revenue

$598.6M

+11.8% YoY

Net Investment Income

$3.6M

+65.4% YoY

Expenses

$580.5M

+11.6% YoY

About Lifenet Health

Based on IRS filings

Lifenet Health is a nonprofit organization focused on Health, based in VIRGINIA BEACH, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $650.8M in total assets. Net investment income was $3.6M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Baltimore

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$165M$329M$494M$658M20202021202220232024
Metric202420232022
Total Assets$650,791,984$637,718,043$551,891,048
Revenue$598,564,898$535,478,299$456,633,012
Expenses$580,539,536$520,247,214$443,032,293
Qualifying Distributions
Net Investment Income$3,602,675$2,178,710$89,811
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K0 grants20201 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

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

MR RONY THOMASCEO$3.5MMR DOUGLAS WILSONEXECUTIVE VP$945KMR ALAN BORTNICKCHIEF ADMINISTRATIVE OFFICER$689KMR DANIEL OSBORNECHIEF GROWTH OFFICER$683KMR MICHAEL POOLEEVP, GLOBAL OPERATIONS$665KMR DARRELL JESSEEVP, LS COMMERCIAL OPERATIONS$640KMR JAMES BIBBSCHIEF HUMAN RESOURCES OFFICER$620KMR J PHILIP JONESVP/SECRETARY/CFO$547KDR JOHN HERRECHAIRMAN$55KDR LEE RILEYDIRECTOR$37KDR JOHN CARDEAVICE CHAIRMAN$28KMRS YVONNE WILDDIRECTOR$28KDR MARK REYNOLDSDIRECTOR$28KMRS LINDA CROSSDIRECTOR$28KDR ADAM LANDSMANDIRECTOR$28KDR KEVIN BONNERDIRECTOR$28KDR LENNEAL HENDERSONDIRECTOR$28KREV JONATHAN BARTONDIRECTOR$28KMR F BLAIR WIMBUSHDIRECTOR$28KDR GERALD BOWERSDIRECTOR (ENDED 11/02/24)$26K

From 2024 filing

NameTitleHoursCompensation
MR RONY THOMASCEO40$3,545,517
DR JOHN CARDEAVICE CHAIRMAN2$27,500
MRS YVONNE WILDDIRECTOR2$27,500
DR MARK REYNOLDSDIRECTOR2$27,500
MRS LINDA CROSSDIRECTOR2$27,500
DR LEE RILEYDIRECTOR2$36,500
DR ADAM LANDSMANDIRECTOR2$27,500
DR KEVIN BONNERDIRECTOR2$27,500
DR LENNEAL HENDERSONDIRECTOR2$27,500
REV JONATHAN BARTONDIRECTOR2$27,500
DR GERALD BOWERSDIRECTOR (ENDED 11/02/24)2$26,000
DR JOHN HERRECHAIRMAN3$55,000
MR F BLAIR WIMBUSHDIRECTOR2$27,500
MR J PHILIP JONESVP/SECRETARY/CFO40$546,918
MR DOUGLAS WILSONEXECUTIVE VP40$945,386
MR JAMES BIBBSCHIEF HUMAN RESOURCES OFFICER40$620,078
MR DARRELL JESSEEVP, LS COMMERCIAL OPERATIONS40$640,402
MR MICHAEL POOLEEVP, GLOBAL OPERATIONS40$664,933
MR DANIEL OSBORNECHIEF GROWTH OFFICER40$682,578
MR ALAN BORTNICKCHIEF ADMINISTRATIVE OFFICER40$689,050

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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