Medical Associates of Englewood PC
96% goes to programs Thin reserves Growing revenue
Medical Associates of Englewood PC is a 501(c)(3) organization based in Englewood, New Jersey, registered in 2014, with $395,925,595 in FY2024 revenue. CharityIndex grades it C+, and it directs about 96% of spending to programs.
350 Engle St, Englewood, NJ, 07631 EIN 45-2548322 Since 2014
Revenue (FY2024)
$395.9M
▲ 12.1% vs prior year
Health median: $840K
Expenses (FY2024)
$395.9M
Net assets
$0
Employees
349
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 rating96% to programs
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 Medical Associates of Englewood PC: 96% to programs earns a C+ on this criterion. See the exact thresholds →
CFinancial health25% of the rating0 mo reserves · +0% 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 Medical Associates of Englewood PC: 0 mo reserves · +0% margin earns a C 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 Medical Associates of Englewood 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 Medical Associates of Englewood PC: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To put patients first by bringing together physicians within a comprehensive system that delivers the highest quality of care.
Contact & location
- Address
- 350 Engle St, Englewood, NJ, 07631
- City
- Englewood
- State
- New Jersey
- Category
- Health Care
- Subcategory
- Clinics & Primary Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $60.5M (FY2013) to $395.9M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $46.6MNet assets $0
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$46.6M
Total liabilities
$46.6M
Net assets
$0
Salaries & benefits
$154.9M
39% of expenses
Board members
1
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $395,925,595▲12.1% | $395,925,595▲12.1% | $0 | $46,624,292▲16.5% | 990 |
| 2023 | $353,252,260▲8.3% | $353,252,260▲8.3% | $0 | $40,012,346▼0.9% | 990 |
| 2022 | $326,096,072▲18.6% | $326,096,072▲18.6% | $0 | $40,369,547▲6.1% | 990 |
| 2021 | $274,946,438▲20.7% | $274,946,438▲20.7% | $0 | $38,044,467▲10.2% | 990 |
| 2020 | $227,815,216▲12.6% | $227,815,216▲12.6% | $0 | $34,519,559▲8.2% | 990 |
| 2019 | $202,270,100▲19.7% | $202,270,100▲19.7% | $0 | $31,901,877▲124% | 990 |
| 2018 | $168,951,893▲18.9% | $168,951,893▲18.9% | $0 | $14,265,589▼29.0% | 990 |
| 2017 | $142,080,320▲23.8% | $142,080,320▲23.8% | $0 | $20,094,443▲114% | 990 |
| 2016 | $114,767,719▲31.7% | $114,767,719▲31.7% | $0 | $9,409,106▲13.5% | 990 |
| 2015 | $87,146,765▲21.7% | $87,146,765▲21.7% | $0 | $8,286,642▲8.5% | 990 |
| 2014 | $71,604,948▲18.4% | $71,604,948▲18.4% | $0 | $7,635,381▲5.1% | 990 |
| 2013 | $60,477,309 | $60,477,309 | $0 | $7,262,093 | 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: Christos Stavropoulos Md — $1,432,765 (0.36% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Christos Stavropoulos Md | Med Dir - Thoracic Surgery | 55 | $1,432,765 |
| Thomas Bernik Md | Chief of Service-vascular Surg | 55 | $1,368,764 |
| Adam Arnofsky Md | Cardiothoracic Surgeon | 55 | $1,098,129 |
| Stephen Brunnquell Md | President, Physican Network | 50 | $1,088,490 |
| Anna Serur Md | Sect Chief Colon & Rectal Surg | 55 | $1,029,303 |
| Vinnidhy Dave | Med Dir - Pain Management | 55 | $977,128 |
| Hillary Cohen Md | Trustee - Vp Medical Affairs | 40 | $730,571 |
| Anthony T Orlando | Treasurer; Evp Finance/cfo | 5 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Heart Vascular Associates | Medical | $58,094,278 |
| Bart Degregorio Md LLC | Medical | $18,448,167 |
| Orthopedic Associates of Englewood | Medical | $17,136,915 |
| Brescia Migliaccio Women's Health | Medical | $15,887,630 |
| Hematology Onc Phys of Englewood | Medical | $10,005,254 |
Grants made · $1.1M in FY2024
2 grants totaling $1.1M in FY2024. All grants made by Medical Associates of Englewood PC →
| Recipient | Purpose | Amount |
|---|---|---|
| Emergency Physicians of Englewood PC | Program support | $1,080,874 |
| Physician Partners of Englewood PC | Program support | $13,600 |
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Frequently asked questions
- Is Medical Associates of Englewood PC a legitimate nonprofit?
- Yes. Medical Associates of Englewood PC is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 45-2548322, based in Englewood, New Jersey. Donations are tax-deductible.
- What is Medical Associates of Englewood PC's EIN?
- Medical Associates of Englewood PC's Employer Identification Number (EIN) is 45-2548322.
- How much revenue does Medical Associates of Englewood PC report?
- Medical Associates of Englewood PC reported $395,925,595 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Medical Associates of Englewood PC's spending goes to programs?
- Medical Associates of Englewood PC spends about 96% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Medical Associates of Englewood PC have?
- CharityIndex grades Medical Associates of Englewood PC C+, based on program efficiency and fundraising cost.
- How much does Medical Associates of Englewood PC's highest-paid employee make?
- The highest reported compensation on Medical Associates of Englewood PC's latest Form 990 is $1,432,765, paid to Christos Stavropoulos Md (Med Dir - Thoracic Surgery).
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Data for Medical Associates of Englewood PC (EIN 45-2548322) 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.