Cooper Health System A New Jersey Non-profit Corporation
86% goes to programs $0 to raise $100 Strong reserves Growing revenue
Cooper Health System A New Jersey Non-profit Corporation is a 501(c)(3) organization based in Camden, New Jersey, registered in 2017, with $2,550,029,191 in FY2024 revenue. CharityIndex grades it A, and it directs about 86% of spending to programs.
1 Federal St Nw2-400, Camden, NJ, 08103 EIN 21-0634462 Since 2017
Revenue (FY2024)
$2.6B
▲ 10.3% vs prior year
Health median: $840K
Expenses (FY2024)
$2.3B
Net assets
$1.7B
Employees
12,859
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating86% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Cooper Health System A New Jersey Non-profit Corporation: 86% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating9 mo reserves · +9% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Cooper Health System A New Jersey Non-profit Corporation: 9 mo reserves · +9% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Cooper Health System A New Jersey Non-profit Corporation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Cooper Health System A New Jersey Non-profit Corporation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To serve, to heal, to educate.
Contact & location
- Address
- 1 Federal St Nw2-400, Camden, NJ, 08103
- City
- Camden
- State
- New Jersey
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $1.0B (FY2013) to $2.6B (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.0BNet assets $1.7B
Operating margin
8.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.7B
Total liabilities
$1.0B
Net assets
$1.7B
Salaries & benefits
$1.4B
59% of expenses
Board members
22
15 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,550,029,191▲10.3% | $2,328,736,380▲12.8% | $1,692,527,931▲15.3% | $2,736,559,069▲8.5% | 990 |
| 2023 | $2,311,381,212▲13.2% | $2,065,135,564▲11.7% | $1,468,181,681▲22.4% | $2,521,059,995▲17.3% | 990 |
| 2022 | $2,041,378,524▲10.3% | $1,848,133,661▲12.3% | $1,199,113,310▲15.5% | $2,148,816,587▲8.9% | 990 |
| 2021 | $1,850,681,665▲18.4% | $1,645,377,496▲9.7% | $1,038,583,474▲24.7% | $1,972,998,916▲9.9% | 990 |
| 2020 | $1,562,944,114▲5.1% | $1,499,583,700▲5.9% | $832,726,920▲8.4% | $1,794,664,163▲18.0% | 990 |
| 2019 | $1,486,491,479▲7.5% | $1,416,558,674▲7.3% | $767,866,348▲13.3% | $1,520,405,762▲21.3% | 990 |
| 2018 | $1,382,363,378▲6.3% | $1,320,768,707▲3.3% | $677,748,335▲8.6% | $1,253,765,162▲5.5% | 990 |
| 2017 | $1,300,339,950▲3.6% | $1,278,328,169▲8.3% | $624,094,853▲4.4% | $1,187,942,560▲4.0% | 990 |
| 2016 | $1,254,966,319▲11.0% | $1,180,677,715▲11.4% | $598,037,853▲16.5% | $1,142,210,334▲11.4% | 990 |
| 2015 | $1,130,709,033▲9.7% | $1,059,396,388▲9.3% | $513,547,573▲14.7% | $1,024,940,284▲6.3% | 990 |
| 2014 | $1,030,406,396▲2.8% | $969,114,347▲5.2% | $447,911,992▲13.5% | $964,503,019▲6.0% | 990 |
| 2013 | $1,002,055,432 | $921,366,432▲5.7% | $394,556,222▲15.4% | $909,523,123▲9.9% | 990 |
| 2012 | — | $871,783,207▲2.2% | $341,968,076▲20.1% | $827,680,872▲9.4% | 990 |
| 2011 | — | $853,166,674▲4.0% | $284,801,496▲0.2% | $756,349,812▲2.1% | 990 |
| 2010 | — | $820,014,264 | $284,156,920 | $740,447,455 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Kevin O'dowd Jd — $3,143,641 (0.13% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Kevin O'dowd Jd | Co-president/ceo | 50 | $3,143,641 |
| Anthony Mazzarelli Mdjdmbe | Co-president/ceo | 50 | $3,043,351 |
| Daniel Tonetti Md | Director Cv Neurosurgery | 55 | $1,982,197 |
| Michael Rosenbloom Md | Director Cooper Heart Institute | 55 | $1,812,120 |
| Brian Reilly | Chief Financial Officer | 53 | $1,668,456 |
| Adam Elfant Md | Division Head, Gastroenterology | 55 | $1,603,937 |
| Frank W Bowen III Md | Director, Thoracic Surgical Onco | 55 | $1,481,701 |
| Eric Kupersmith Md | Svp, Chief Phys. Exec Hospitalist | 55 | $1,342,066 |
| Michael Sabia Md | Division Head, Pain Management | 55 | $1,304,377 |
| Generosa Grana Md | Trustee/dir Anderson Cancer Centr | 52 | $1,175,845 |
| Roland Schwarting Md | Trustee/chief, Pathology | 52 | $911,999 |
| Sean Murphy | Sr Evp/general Counsel/bd.sec | 55 | $895,677 |
| Jeffrey P Carpenter Md | Chief, Department of Surgery | 55 | $886,341 |
| Robin L Perry Md | Chief, Dept of Ob Gyn | 55 | $837,160 |
| Michael E Chansky Md | Trustee / Chief, Emergency Med | 55 | $727,454 |
| Michael Goodman Md | Trustee, Pres Med Staff | 52 | $653,500 |
| John Vazquez | Secretary (as of 04/2024) | 35 | $625,384 |
| Robert Hockel | Svp, Operations | 55 | $623,722 |
| Elizabeth Green | Svp Human Resource | 54 | $594,067 |
| Kathleen Devine Drnp Nea-bc | Svp/chief Nursing Officer | 55 | $583,717 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| General Healthcare Resources | Temporary Labor | $72,924,848 |
| Evergreen Healthcare Ptnrs | It Consulting | $7,304,044 |
| Falasca Mechanical Inc | Machinery/equipment Repairs | $4,845,302 |
| Alliance Comm Cleaning | Cleaning Services | $3,887,535 |
| Cloudmed | Consulting & Collection Costs | $2,471,155 |
Grants received · $3.5M total
56 grants to Cooper Health System A New Jersey Non-profit Corporation totaling $3.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Foundation of New Jersey | Hospitals, specialty hospitals & community clinics | 2024 | $20,250 |
| Yale University | Subaward - sponsored research | 2023 | $290,934 |
| Temple University-of the Commonwealth System of Higher Educ | Research subcontract | 2023 | $270,500 |
| Trustees of Columbia University | Research | 2023 | $246,367 |
| Washington University | Research | 2023 | $98,729 |
| University of Pittsburgh | Research- subcontract | 2023 | $25,000 |
| Drexel University | Research | 2023 | $18,517 |
| Community Foundation of New Jersey | Unrestricted grant to support organization's exempt purpose | 2023 | $15,000 |
| American Heart Association Inc | Atrial fibrillation program | 2023 | $8,000 |
| Community Foundation of New Jersey | Unrestricted grant to support organization's exempt purpose | 2023 | $6,000 |
| Philadelphia Works Inc | Job- training | 2023 | $5,110 |
| Trustees of Columbia University | Research | 2022 | $275,394 |
| Yale University | Subaward - sponsored research | 2022 | $137,672 |
| Temple University-of the Commonwealth System of Higher Educ | Research subcontract | 2022 | $101,300 |
| Johns Hopkins University | Sub-award | 2022 | $29,664 |
Grants made · $1.3M in FY2024
15 grants totaling $1.3M in FY2024. All grants made by Cooper Health System A New Jersey Non-profit Corporation →
| Recipient | Purpose | Amount |
|---|---|---|
| Coriell Institute For Medical Research Inc | General support | $1,000,000 |
| Camden Community Partnership Inc | General support | $65,000 |
| Inspira Health Foundation Inc | General support | $40,000 |
| National Association For the Advancement of Colored People | General support | $25,000 |
| Ronald Mcdonald House Charities of the Philadelphia Region | General support | $20,000 |
| South Jersey Chamber of Commerce | General support | $20,000 |
| Virtua Health Foundation Inc | General support | $10,000 |
| Fort Freedom Inc | General support | $10,000 |
| Haddon Township Equity Initiative | General support | $10,000 |
| Blood Cancer United Inc | General support | $10,000 |
| The Salvation Army | General support | $10,000 |
| United Black Agenda Inc | General support | $10,000 |
| Cooper University Hospital Cape Regional Inc | General support | $7,200 |
| American Cancer Society Inc | General support | $6,800 |
| Community Foundation of New Jersey | General support | $6,000 |
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Frequently asked questions
- Is Cooper Health System A New Jersey Non-profit Corporation a legitimate nonprofit?
- Yes. Cooper Health System A New Jersey Non-profit Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 21-0634462, based in Camden, New Jersey. Donations are tax-deductible.
- What is Cooper Health System A New Jersey Non-profit Corporation's EIN?
- Cooper Health System A New Jersey Non-profit Corporation's Employer Identification Number (EIN) is 21-0634462.
- How much revenue does Cooper Health System A New Jersey Non-profit Corporation report?
- Cooper Health System A New Jersey Non-profit Corporation reported $2,550,029,191 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Cooper Health System A New Jersey Non-profit Corporation's spending goes to programs?
- Cooper Health System A New Jersey Non-profit Corporation spends about 86% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Cooper Health System A New Jersey Non-profit Corporation have?
- CharityIndex grades Cooper Health System A New Jersey Non-profit Corporation A, based on program efficiency and fundraising cost.
- How much does Cooper Health System A New Jersey Non-profit Corporation's highest-paid employee make?
- The highest reported compensation on Cooper Health System A New Jersey Non-profit Corporation's latest Form 990 is $3,143,641, paid to Kevin O'dowd Jd (Co-president/ceo).
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Data for Cooper Health System A New Jersey Non-profit Corporation (EIN 21-0634462) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.