Rwj Barnabas Health Inc
90% goes to programs $0 to raise $100
Rwj Barnabas Health Inc is a 501(c)(3) organization based in Oceanport, New Jersey, registered in 2020, with $191,833,571 in FY2018 revenue. CharityIndex grades it A+, and it directs about 90% of spending to programs.
2 Crescent Place, Oceanport, NJ, 07757 EIN 21-0634572 Since 2020
Revenue (FY2018)
$191.8M
▲ 6.1% vs prior year
Health median: $840K
Expenses (FY2018)
$189.8M
Net assets
$81.8M
Employees
1,542
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 rating90% 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 Rwj Barnabas Health Inc: 90% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating5 mo reserves · +1% 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 Rwj Barnabas Health Inc: 5 mo reserves · +1% 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 Rwj Barnabas Health Inc: 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 Rwj Barnabas Health Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
The organization provides medically necessary healthcare services to all individuals in a non-discriminatory manner.
What they do
Expenses incurred in providing medically necessary orthopedics services to all individuals in a non-discriminatory manner regardless of race, color, creed, sex, national origin or ability to pay. during 2018 there were 2,208 encounters. please refer to schedule o for the organization's community benefit statement.
Expenses incurred in providing medically necessary emergency services to all individuals in a non-discriminatory manner regardless of race, color, creed, sex, national origin or ability to pay. during 2018 there were 30,064 encounters. please refer to schedule o for the organization's community benefit statement.
Contact & location
- Address
- 2 Crescent Place, Oceanport, NJ, 07757
- City
- Oceanport
- State
- New Jersey
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $184.8M (FY2013) to $191.8M (FY2018) across 6 reported years.
Financial snapshot
Financial health & position (FY2018)
Liabilities $147.6MNet assets $81.8M
Operating margin
1.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$229.4M
Total liabilities
$147.6M
Net assets
$81.8M
Salaries & benefits
$74.7M
39% of expenses
Board members
24
19 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2018 | $191,833,571▲6.1% | $189,807,058▲5.3% | $81,750,786▲3.8% | $229,397,629▲12.6% | 990 |
| 2017 | $180,774,052▼7.2% | $180,304,752▼0.6% | $78,755,293▲3.6% | $203,741,154▼2.2% | 990 |
| 2016 | $194,792,862▲3.1% | $181,314,653▼1.1% | $76,020,559▲82.0% | $208,389,209▼7.3% | 990 |
| 2015 | $188,870,853▲9.0% | $183,343,184▼1.5% | $41,780,553▲14.1% | $224,844,078▲3.8% | 990 |
| 2014 | $173,304,995▼6.2% | $186,098,329▼0.9% | $36,613,353▼27.4% | $216,674,669▲0.3% | 990 |
| 2013 | $184,781,780 | $187,790,515▲1.1% | $50,420,161▼8.1% | $215,999,369▼2.0% | 990 |
| 2012 | — | $185,814,656▼8.8% | $54,878,868▲8.6% | $220,424,261▼1.7% | 990 |
| 2011 | — | $203,829,530▲0.9% | $50,511,194▼3.3% | $224,218,190▼2.3% | 990 |
| 2010 | — | $201,977,241 | $52,212,940 | $229,412,659 | 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 (FY2018)
Highest-paid: Richard Freeman — $988,935 (0.52% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Richard Freeman | Trustee - President/ceo | 55 | $988,935 |
| Lester G Cottle | Cfo (term 6/22/18) | 55 | $604,030 |
| Seth Rosenbaum Md | Svp/cmo | 55 | $411,880 |
| Francisco Javier Villota Md | Medical Director | 50 | $291,851 |
| Lisa A Breza | Svp/cno | 55 | $272,469 |
| Joan Bercari Msn Rn | Vp, Quality | 55 | $202,049 |
| Anthony Musarra | Physician Advisor | 50 | $199,429 |
| Tonya Davis | Assistant Vice President | 50 | $181,510 |
| Ron Boyer | Director of Materials Mgmt. | 50 | $177,778 |
| Kathleen A Forman | Business Manager | 50 | $166,889 |
| Zafar Zamir Md | Trustee | 10 | $33,092 |
| Shariq A Afridi Md | Trustee | 5 | $13,892 |
| Amy B Mansue | Trustee; Rwjbh Pres. S. Div. | 55 | — |
| Arthur G Pacia Md | Trustee | 1 | — |
| Carol Holloway | Trustee | 1 | — |
| Cynthia E Vona Dds Md | Trustee | 1 | — |
| Diane M Grillo | Svp/chief Learn & Comm Off. | 55 | — |
| Gregory Blair | Trustee | 1 | — |
| James M Graziano | Trustee | 1 | — |
| John Cimino | Trustee (termed 9/24/18) | 1 | — |
Top vendors & contractors (FY2018)
| Contractor | Services | Paid |
|---|---|---|
| Barnabas Health Inc | Management | $15,368,250 |
| Rutgers the State University | Medical | $3,809,896 |
| Michael Riesz and Company | Construction | $2,458,273 |
| Sbc Management Corporation | Management | $1,706,857 |
| Emergency Medical Associates of Nj | Medical | $1,578,292 |
Grants received · $292K total
3 grants to Rwj Barnabas Health Inc totaling $292K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Saint Barnabas Health Care System Foundation Inc | Program support | 2024 | $247,425 |
| Patient Access Network Foundation | Patient assistance | 2015 | $29,570 |
| Patient Access Network Foundation | Patient assistance | 2014 | $14,687 |
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Frequently asked questions
- Is Rwj Barnabas Health Inc a legitimate nonprofit?
- Yes. Rwj Barnabas Health Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 21-0634572, based in Oceanport, New Jersey. Donations are tax-deductible.
- What is Rwj Barnabas Health Inc's EIN?
- Rwj Barnabas Health Inc's Employer Identification Number (EIN) is 21-0634572.
- How much revenue does Rwj Barnabas Health Inc report?
- Rwj Barnabas Health Inc reported $191,833,571 in total revenue on its fiscal year 2018 IRS Form 990 filing.
- How much of Rwj Barnabas Health Inc's spending goes to programs?
- Rwj Barnabas Health Inc spends about 90% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Rwj Barnabas Health Inc have?
- CharityIndex grades Rwj Barnabas Health Inc A+, based on program efficiency and fundraising cost.
- How much does Rwj Barnabas Health Inc's highest-paid employee make?
- The highest reported compensation on Rwj Barnabas Health Inc's latest Form 990 is $988,935, paid to Richard Freeman (Trustee - President/ceo).
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Data for Rwj Barnabas Health Inc (EIN 21-0634572) 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.