Kennedy Medical Group Practice PC
91% goes to programs $4 to raise $100 Thin reserves Growing revenue
Kennedy Medical Group Practice PC is a 501(c)(3) organization based in Cherry Hill, New Jersey, registered in 2013, with $134,679,456 in FY2023 revenue. CharityIndex grades it C, and it directs about 91% of spending to programs.
500 Marlboro Ave, Cherry Hill, NJ, 08002 EIN 46-1420853 Since 2013
Revenue (FY2023)
$134.7M
▲ 0.7% vs prior year
Health median: $840K
Expenses (FY2023)
$142.4M
Net assets
-$88.0M
Employees
812
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
C+Program efficiency40% of the rating91% to programs · $4 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 Kennedy Medical Group Practice PC: 91% to programs · $4 to raise $100 earns a C+ on this criterion. See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -6% 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 Kennedy Medical Group Practice PC: 0 mo reserves · -6% margin earns a F on this criterion. See the exact thresholds →
BGovernance25% of the rating4 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 Kennedy Medical Group Practice PC: 4 of 6 checks met earns a B 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 Kennedy Medical Group Practice PC: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To operate as a network and provide the highest quality primary and specialty healthcare services throughout south jersey in support of tju/jefferson health.
Contact & location
- Address
- 500 Marlboro Ave, Cherry Hill, NJ, 08002
- City
- Cherry Hill
- State
- New Jersey
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $0 (FY2013) to $134.7M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $126.9MNet assets -$88.0M
Operating margin
-5.7%
Spent more than it raised in the latest fiscal year.
Total assets
$39.0M
Total liabilities
$126.9M
Net assets
-$88.0M
Salaries & benefits
$107.6M
76% of expenses
Board members
1
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $134,679,456▲0.7% | $142,393,322▲7.7% | -$87,954,483▼9.6% | $38,954,406▲96.7% | 990 |
| 2022 | $133,718,954▲45.7% | $132,214,625▲5.3% | -$80,240,617▲1.8% | $19,801,529▼10.7% | 990 |
| 2021 | $91,785,357▲6.0% | $125,565,809▲4.1% | -$81,744,946▼70.4% | $22,169,592▼17.8% | 990 |
| 2020 | $86,553,116▼0.9% | $120,645,599▲11.5% | -$47,964,494▼246% | $26,969,347▲36.4% | 990 |
| 2019 | $87,296,138▲7.0% | $108,225,549▲19.1% | -$13,872,011▼297% | $19,771,858▼7.5% | 990 |
| 2018 | $81,584,795▲29.8% | $90,890,034▲44.2% | $7,057,400▲558% | $21,366,377▲89.3% | 990 |
| 2017 | $62,869,293▲40.2% | $63,037,538▲38.4% | $1,072,316▼13.6% | $11,287,460▲69.1% | 990 |
| 2016 | $44,852,080▲50.1% | $45,533,176▲54.2% | $1,240,561▼35.4% | $6,675,693▲25.3% | 990 |
| 2015 | $29,872,266▲115% | $29,526,892▲139% | $1,921,657▲21.9% | $5,327,611▲7.3% | 990 |
| 2014 | $13,910,785 | $12,334,502 | $1,576,283 | $4,963,844 | 990 |
| 2013 | $0 | $0 | $0 | $0 | 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 (FY2023)
Highest-paid: C Jonathan Foster Do — $972,807 (0.68% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| C Jonathan Foster Do | Gastroenterology | 55 | $972,807 |
| Linda Szczurek Do | Surgeon | 55 | $963,159 |
| Robin Wilson-smith Do | Gynecologic Oncologist | 55 | $836,493 |
| Brian Blair Do | Gastroenterology | 55 | $671,026 |
| Lucy Min Joo Do | Gastroenterology | 55 | $652,538 |
| Alexander D Sharnoff Esq | Secretary | 55 | — |
| Edmund Pribitkin Md Mba | Chair - Trustee | 55 | — |
| Stephen V Destefano CPA | Treasurer | 55 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Thomas Jefferson University | Corporate Svcs | $12,807,404 |
| Med Metrix LLC | Collection | $3,634,280 |
| Target Building Construction Inc | Construction | $2,010,943 |
| Medicentrix LLC | Collection | $380,343 |
| Specialty Care At Washington LLC | Medical | $365,776 |
Grants received · $15.6M total
6 grants to Kennedy Medical Group Practice PC totaling $15.6M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Trustees of Columbia University | Research | 2019 | $135,695 |
| Trustees of Columbia University | Research | 2018 | $291,277 |
| Trustees of Columbia University | Research | 2017 | $143,844 |
| Kennedy University Hospital Inc | Related party assistance | 2016 | $8,013,528 |
| Kennedy University Hospital Inc | Related party assistance | 2015 | $5,388,284 |
| Kennedy University Hospital Inc | Related party assistance | 2014 | $1,590,221 |
Grants made · $6,000 in FY2018
1 grant totaling $6,000 in FY2018. All grants made by Kennedy Medical Group Practice PC →
| Recipient | Purpose | Amount |
|---|---|---|
| Collingswood Travel Soccer Club | Program support | $6,000 |
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Frequently asked questions
- Is Kennedy Medical Group Practice PC a legitimate nonprofit?
- Yes. Kennedy Medical Group Practice PC is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 46-1420853, based in Cherry Hill, New Jersey. Donations are tax-deductible.
- What is Kennedy Medical Group Practice PC's EIN?
- Kennedy Medical Group Practice PC's Employer Identification Number (EIN) is 46-1420853.
- How much revenue does Kennedy Medical Group Practice PC report?
- Kennedy Medical Group Practice PC reported $134,679,456 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Kennedy Medical Group Practice PC's spending goes to programs?
- Kennedy Medical Group Practice PC spends about 91% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Kennedy Medical Group Practice PC have?
- CharityIndex grades Kennedy Medical Group Practice PC C, based on program efficiency and fundraising cost.
- How much does Kennedy Medical Group Practice PC's highest-paid employee make?
- The highest reported compensation on Kennedy Medical Group Practice PC's latest Form 990 is $972,807, paid to C Jonathan Foster Do (Gastroenterology).
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Data for Kennedy Medical Group Practice PC (EIN 46-1420853) 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.