Rwj Barnabas Health Inc
90% goes to programs $0 to raise $100 Strong reserves
Rwj Barnabas Health Inc is a 501(c)(3) organization based in Oceanport, New Jersey, registered in 2020, with $1,337,400,607 in FY2018 revenue. CharityIndex grades it A+, and it directs about 90% of spending to programs.
2 Crescent Place, Oceanport, NJ, 07757 EIN 22-1487243 Since 2020
Revenue (FY2018)
$1.3B
▲ 7.0% vs prior year
Health median: $840K
Expenses (FY2018)
$1.3B
Net assets
$930.1M
Employees
8,755
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 rating8 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 Rwj Barnabas Health Inc: 8 mo reserves · -0% 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
To improve the health & well-being of the patients & communities we serve through highest quality care,community outreach, scientific research & education of healthcare professionals.
What they do
Expenses incurred in providing inpatient general surgery 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 20,485 encounters. please refer to schedule o for the organization's community benefit statement.
Expenses incurred in providing same day surgery 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 7,976 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 $874.9M (FY2013) to $1.3B (FY2018) across 6 reported years.
Financial snapshot
Financial health & position (FY2018)
Liabilities $798.1MNet assets $930.1M
Operating margin
-0.0%
Spent more than it raised in the latest fiscal year.
Total assets
$1.7B
Total liabilities
$798.1M
Net assets
$930.1M
Salaries & benefits
$545.0M
41% of expenses
Board members
22
17 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2018 | $1,337,400,607▲7.0% | $1,337,612,793▲5.8% | $930,069,297▼0.5% | $1,728,122,918▲5.6% | 990 |
| 2017 | $1,249,727,338▼10.1% | $1,263,865,089▼4.2% | $934,583,640▼6.0% | $1,636,559,868▼10.1% | 990 |
| 2016 | $1,389,520,898▲9.4% | $1,319,568,090▲9.4% | $994,135,306▲11.9% | $1,820,534,680▲9.2% | 990 |
| 2015 | $1,269,781,908▲18.4% | $1,205,948,678▲18.5% | $888,275,317▼3.7% | $1,667,595,860▼0.1% | 990 |
| 2014 | $1,072,122,066▲22.5% | $1,017,582,961▲25.3% | $922,824,809▲9.3% | $1,669,675,078▲19.2% | 990 |
| 2013 | $874,886,198 | $812,363,745▲7.8% | $844,401,200▲14.8% | $1,400,333,579▲27.0% | 990 |
| 2012 | — | $753,263,315▼1.4% | $735,555,029▲13.5% | $1,102,387,462▲8.8% | 990 |
| 2011 | — | $763,968,829▲6.1% | $648,191,024▲3.4% | $1,012,781,678▲3.1% | 990 |
| 2010 | — | $719,891,731 | $626,977,221 | $982,414,308 | 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: Michael Antoniades — $1,079,115 (0.08% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Michael Antoniades | Former Officer | 0 | $1,079,115 |
| Anthony Cava | Pres/ceo Rwjuh Somerset | 55 | $706,637 |
| Richard Imbimbo | Cfo Rwjuhnb (termed 5/2/2018) | 55 | $613,619 |
| Maureen Bueno | Svp Org. Effectiveness | 55 | $515,206 |
| Jessie Tucker III | Former Officer | 0 | $514,468 |
| Rajiv Arya | Vp Operations (termed 1/26/18) | 50 | $449,194 |
| James Alexander | Cfo Rwjuhnb (eff 5/2/2018) | 55 | $409,865 |
| Anastasia Jacobs | Chief Hr Officer and Vp | 55 | $392,061 |
| Kenneth Wright | Former Officer | 0 | $362,746 |
| Brian M Reilly | Former Officer | 0 | $347,520 |
| Salvatore Moffa Md | Vp Medical Affairs | 55 | $340,847 |
| Arlex Matulac | Vp Perioperative Services | 50 | $338,609 |
| Lydia Stockman | Vp Clinical Operations | 50 | $336,323 |
| Stephern Allison | Vp Operations Rwjuhnb | 50 | $330,745 |
| Charles V Wilson | Vp Operations Rwjuh Somerset | 50 | $300,858 |
| Kathy Dodsworth-rugani | Former Key Employee | 0 | $202,235 |
| John Dileo | Cfo Rwjuh Somerset | 55 | $201,919 |
| James C Salwitz Md | Trustee - Pres. Medical Staff | 5 | $50,000 |
| Brian L Strom Md Mph | Trustee | 1 | — |
| Christopher J Paladino | Trustee | 1 | — |
Top vendors & contractors (FY2018)
| Contractor | Services | Paid |
|---|---|---|
| Rutgers University | Medical | $129,859,217 |
| Barnabas Health Inc | Management | $103,163,009 |
| Wm Blanchard Company | Construction | $22,727,127 |
| Sbc Management Corporation | Management | $11,457,683 |
| Abbott Laboratories Inc | Medical | $8,019,377 |
Grants received · $401K total
15 grants to Rwj Barnabas Health Inc totaling $401K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Foundation of New Jersey | Unrestricted grant to support organization's exempt purpose | 2023 | $19,731 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $37,000 |
| Community Foundation of New Jersey | Unrestricted grant to support organization's exempt purpose | 2022 | $19,527 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2022 | $8,500 |
| Community Foundation of New Jersey | General support | 2021 | $18,992 |
| Rwjbh Corporate Services Inc | Sponsorships | 2020 | $23,400 |
| Community Foundation of New Jersey | General support | 2020 | $19,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $28,650 |
| Community Foundation of New Jersey | General support | 2019 | $19,000 |
| Community Foundation of New Jersey | Grant support | 2018 | $22,930 |
| Rwj Barnabas Health Inc | Sponsorship | 2018 | $12,500 |
| Community Foundation of New Jersey | Grant support | 2017 | $135,500 |
| Rwj Barnabas Health Inc | Program support | 2017 | $11,000 |
| Community Foundation of New Jersey | General support | 2016 | $19,680 |
| Patient Access Network Foundation | Patient assistance | 2014 | $5,857 |
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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 22-1487243, 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 22-1487243.
- How much revenue does Rwj Barnabas Health Inc report?
- Rwj Barnabas Health Inc reported $1,337,400,607 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 $1,079,115, paid to Michael Antoniades (Former Officer).
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Data for Rwj Barnabas Health Inc (EIN 22-1487243) 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.