Princeton Healthcare System A New Jersey Non-profit Corp
92% goes to programs $0 to raise $100 Strong reserves Growing revenue
Princeton Healthcare System A New Jersey Non-profit Corp is a 501(c)(3) organization based in Plainsboro, New Jersey, registered in 1937, with $612,316,567 in FY2023 revenue. CharityIndex grades it A+, and it directs about 92% of spending to programs.
1 Plainsboro Rd, Plainsboro, NJ, 08536 EIN 21-0635009 Since 1937
Revenue (FY2023)
$612.3M
▲ 6.5% vs prior year
Health median: $840K
Expenses (FY2023)
$622.2M
Net assets
$471.3M
Employees
3,742
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating92% 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 Princeton Healthcare System A New Jersey Non-profit Corp: 92% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating9 mo reserves · -2% 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 Princeton Healthcare System A New Jersey Non-profit Corp: 9 mo reserves · -2% 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 Princeton Healthcare System A New Jersey Non-profit Corp: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 Princeton Healthcare System A New Jersey Non-profit Corp: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To provide exceptional, compassionate care to enhance the health and wellness of our patients, their families and our community.
What they do
Princeton house behavioral health provides comprehensive psychiatric and substance abuse recovery programs. its 116 beds produced 32,216 patient days in fy2024. outpatient visits and treatments across multiple sites amounted to 85,638. please refer to schedule o for the organization's community benefit statement.
Princeton homecare services is a home care and visiting nurse, and hospice service. in fy2024, there were 62,485 occasions of service and 9,830 hospice visits recorded. this growing service is vital in the capacity to provide care at the patient's home rather than requiring a stay in the hospital. princeton homecare services also operates a hospice. please refer to schedule o for the organization's community benefit statement.
Contact & location
- Address
- 1 Plainsboro Rd, Plainsboro, NJ, 08536
- City
- Plainsboro
- State
- New Jersey
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $353.4M (FY2013) to $612.3M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $333.1MNet assets $471.3M
Operating margin
-1.6%
Spent more than it raised in the latest fiscal year.
Total assets
$804.4M
Total liabilities
$333.1M
Net assets
$471.3M
Salaries & benefits
$270.7M
44% of expenses
Board members
18
15 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $612,316,567▲6.5% | $622,239,866▲10.0% | $471,307,064▲1.3% | $804,392,430▲0.9% | 990 |
| 2022 | $575,161,953▲6.9% | $565,429,689▲8.9% | $465,277,799▲4.8% | $797,475,879▼2.6% | 990 |
| 2021 | $538,199,154▲10.8% | $519,336,135▲8.8% | $444,033,524 | $818,562,186▼6.3% | 990 |
| 2020 | $485,634,845▲5.2% | $477,301,016▲4.9% | $444,099,987▲19.7% | $873,542,381▲8.3% | 990 |
| 2019 | $461,425,322▼2.4% | $455,084,625▲1.4% | $371,030,458▼0.3% | $806,713,573▲3.4% | 990 |
| 2018 | $472,588,545▲6.0% | $448,649,059▲4.8% | $372,076,068▲25.5% | $779,869,969▲8.5% | 990 |
| 2017 | $445,638,330▲3.6% | $428,118,298▲2.4% | $296,503,337▲5.8% | $718,710,901▲1.8% | 990 |
| 2016 | $430,183,110▲4.5% | $418,115,118▲4.2% | $280,173,749▲1.9% | $706,225,743▼0.3% | 990 |
| 2015 | $411,583,775▲12.3% | $401,385,610▲5.8% | $275,009,129▲2.7% | $708,434,805▲0.6% | 990 |
| 2014 | $366,446,683▲3.7% | $379,366,517▲2.0% | $267,693,473▼13.8% | $704,303,845▼7.9% | 990 |
| 2013 | $353,421,545 | $372,049,868▲5.2% | $310,540,968▲3.2% | $764,598,269▼4.8% | 990 |
| 2012 | — | $353,761,809▲9.4% | $300,904,503▼1.3% | $802,834,602▼0.7% | 990 |
| 2011 | — | $323,419,606▲3.3% | $304,859,345▲4.4% | $808,722,394▲7.2% | 990 |
| 2010 | — | $313,205,584 | $292,070,706 | $754,292,456 | 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: James G Demetriades — $827,126 (0.13% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| James G Demetriades | President & Ceo | 47 | $827,126 |
| Craig Gronczewski Md | Senior Vp Medical Affairs | 55 | $512,003 |
| Guilherme Valladares Mba | Svp & Cfo - Asst. Treas. | 34 | $469,003 |
| Paul Ortiz | Vp Bus. Svc. Line Dev. | 55 | $421,952 |
| Nancy Fletcher | Vp Corp. Compl. & Reg. Affairs | 55 | $392,602 |
| Silky Sharma | Physician Care Coordination | 55 | $378,012 |
| Karyn Book | Vp Pat. Svs & Cno | 55 | $352,939 |
| Yisrael Kraus | Vp Physician Alignment | 55 | $351,529 |
| Hyona Revere | Senior Vp Development | 54 | $349,823 |
| Stephanie D Tieku | Nurse Manager | 55 | $346,392 |
| Durga Bodala | Physician Care Coordination | 55 | $339,847 |
| Marguerite Pedley | Senior Vice President Phbh | 55 | $339,179 |
| Siddiq G Faisal Md | Med. Dir., Occupational Health | 55 | $330,420 |
| Jonathan Woo | Vp Medical Affairs Cmo | 55 | $265,587 |
| Peter Thomas | Vp, Outpatient Administration | 55 | $263,966 |
| Carol Norris-smith | Vp Pr - Marketing | 55 | $253,852 |
| Ching-yi Liu | Vp, Finance | 55 | $241,296 |
| Barbara Yost | Fmr. Vp Network Development | 55 | $232,600 |
| Amy Reigner | Chief Hr Officer | 55 | $211,788 |
| Sheila G Kempf | Former Cno&vp Patient Svs | 55 | $173,393 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Symmetry Workforce Solutions | Medical Services | $31,516,942 |
| Hart Healthcare | Property Lease Srvcs | $6,739,903 |
| Umcp Surgicenter Partners LLC | Medical Services | $3,399,447 |
| Driscoll Balfour Beatty | Construction | $2,285,437 |
| Axis Construction Management | Construction | $1,325,155 |
Grants received · $1.1M total
19 grants to Princeton Healthcare System A New Jersey Non-profit Corp totaling $1.1M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Charities Aid Foundation America | Charitable donation | 2023 | $10,050 |
| American Heart Association Inc | Heart failure initiative | 2023 | $5,820 |
| American Heart Association Inc | Heart failure initiative | 2022 | $11,000 |
| American Heart Association Inc | Heart failure initiative | 2021 | $7,000 |
| Community Foundation of New Jersey | General support | 2020 | $5,000 |
| Princeton University | Contribution | 2019 | $20,000 |
| Jewish Community Foundation of Greater Metrowest Nj | General charitable purposes | 2019 | $7,500 |
| Princeton University | Contribution | 2018 | $20,000 |
| National Philanthropic Tr | Health | 2018 | $10,000 |
| Jewish Community Foundation of Greater Metrowest Nj | General charitable purposes | 2018 | $7,500 |
| Princeton University | Contribution | 2017 | $20,000 |
| Princeton University | Contribution | 2016 | $20,000 |
| Community Foundation of New Jersey | General support | 2016 | $12,500 |
| National Philanthropic Tr | Health | 2016 | $10,000 |
| Princeton University | Contribution | 2015 | $420,000 |
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Frequently asked questions
- Is Princeton Healthcare System A New Jersey Non-profit Corp a legitimate nonprofit?
- Yes. Princeton Healthcare System A New Jersey Non-profit Corp is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 21-0635009, based in Plainsboro, New Jersey. Donations are tax-deductible.
- What is Princeton Healthcare System A New Jersey Non-profit Corp's EIN?
- Princeton Healthcare System A New Jersey Non-profit Corp's Employer Identification Number (EIN) is 21-0635009.
- How much revenue does Princeton Healthcare System A New Jersey Non-profit Corp report?
- Princeton Healthcare System A New Jersey Non-profit Corp reported $612,316,567 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Princeton Healthcare System A New Jersey Non-profit Corp's spending goes to programs?
- Princeton Healthcare System A New Jersey Non-profit Corp spends about 92% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Princeton Healthcare System A New Jersey Non-profit Corp have?
- CharityIndex grades Princeton Healthcare System A New Jersey Non-profit Corp A+, based on program efficiency and fundraising cost.
- How much does Princeton Healthcare System A New Jersey Non-profit Corp's highest-paid employee make?
- The highest reported compensation on Princeton Healthcare System A New Jersey Non-profit Corp's latest Form 990 is $827,126, paid to James G Demetriades (President & Ceo).
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Data for Princeton Healthcare System A New Jersey Non-profit Corp (EIN 21-0635009) 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.