Rwj Barnabas Health Inc
90% goes to programs $8 to raise $100 Strong reserves
Rwj Barnabas Health Inc is a 501(c)(3) organization based in Oceanport, New Jersey, registered in 2020, with $871,885,801 in FY2018 revenue. CharityIndex grades it A, and it directs about 90% of spending to programs.
2 Crescent Place, Oceanport, NJ, 07757 EIN 22-1494440 Since 2020
Revenue (FY2018)
$871.9M
▲ 6.9% vs prior year
Health median: $840K
Expenses (FY2018)
$810.3M
Net assets
$1.1B
Employees
4,970
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating90% to programs · $8 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 · $8 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating16 mo reserves · +7% 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: 16 mo reserves · +7% 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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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To pursue delivery of primary, secondary & tertiary health svcs while consistently meeting the highest quality of care and meeting our customers expecations & satisfaction.
What they do
Expenses incurred in providing medically necessary cardiovascular 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 18,503 encounters. please refer to schedule o for the organization's community benefit statement.
Expenses incurred in providing medically necessary 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 3,909 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 $685.4M (FY2013) to $871.9M (FY2018) across 6 reported years.
Financial snapshot
Financial health & position (FY2018)
Liabilities $539.3MNet assets $1.1B
Operating margin
7.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.6B
Total liabilities
$539.3M
Net assets
$1.1B
Salaries & benefits
$295.3M
36% of expenses
Board members
21
16 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2018 | $871,885,801▲6.9% | $810,344,718▲11.6% | $1,067,637,688▲6.8% | $1,606,957,926▲6.3% | 990 |
| 2017 | $815,811,453▲2.1% | $726,368,613▲2.4% | $1,000,027,839▲14.1% | $1,512,102,276▲6.6% | 990 |
| 2016 | $799,392,171▲5.3% | $709,570,706▲5.9% | $876,094,297▲10.7% | $1,418,195,956▲16.2% | 990 |
| 2015 | $758,955,910▲3.9% | $670,075,483▲4.0% | $791,402,091▲6.1% | $1,220,333,817▲6.0% | 990 |
| 2014 | $730,818,166▲6.6% | $644,504,101▲6.4% | $746,069,767▲23.8% | $1,151,692,557▲19.3% | 990 |
| 2013 | $685,427,323 | $605,890,451▲2.9% | $602,685,581▲19.4% | $965,499,426▲8.5% | 990 |
| 2012 | — | $588,680,238▲2.0% | $504,930,006▲22.0% | $889,602,396▲9.5% | 990 |
| 2011 | — | $576,856,310▲10.0% | $413,911,976▲17.7% | $812,280,101▲13.6% | 990 |
| 2010 | — | $524,384,506 | $351,643,554 | $714,948,877 | 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: Stephen P Zieniewicz Fache — $1,472,781 (0.18% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Stephen P Zieniewicz Fache | Trustee - Ceo | 55 | $1,472,781 |
| Shamkant Mulgaonkar Md | Director | 50 | $1,035,222 |
| Richard L Davis | Evp/cfo - Treasurer | 55 | $845,838 |
| M Michele Blackwood Md | Physician | 50 | $801,719 |
| Michael Scoppetuolo Md | Director | 50 | $793,746 |
| Stuart Geffner Md | Trustee | 50 | $788,122 |
| Alison Grann Md | Trustee | 50 | $778,308 |
| Stuart Leitner Md | Physician | 50 | $722,252 |
| Gregory Rokosz Md | Senior Vice President - Vpma | 55 | $657,083 |
| I Robert Grossman Md | Physician | 50 | $608,331 |
| Patrick J Haughey | Coo | 55 | $442,812 |
| Jennifer A O'neill | Vp/chief Nursing Officer | 50 | $389,791 |
| Louis La Salle | Senior Vice President | 55 | $261,977 |
| Arnold D Manzo | Vp/chief Hr Officer | 50 | $209,691 |
| Michael A Marano Md | Trustee | 50 | $154,391 |
| Andrea Melchiorre | Trustee | 1 | — |
| Bruce Schonbraun | Chairman - Trustee | 1 | — |
| David A Mebane Esq | Secretary - Trustee | 55 | — |
| Elena Santoro | Trustee; Ex-officio | 1 | — |
| Evan Ratner | Trustee | 1 | — |
Top vendors & contractors (FY2018)
| Contractor | Services | Paid |
|---|---|---|
| Barnabas Health Inc | Management | $85,556,257 |
| Sodexo Incorporated and Affiliates | Food/management | $28,004,590 |
| Wm Blanchard Co | Construction | $15,211,265 |
| Nj Organ and Tissue Sharing Network | Organ Procurement | $9,656,194 |
| Sbc Management Corporation | Management | $9,502,209 |
Grants received · $3.8M total
80 grants to Rwj Barnabas Health Inc totaling $3.8M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Cystic Fibrosis Foundation | Cf care center | 2024 | $59,620 |
| Cystic Fibrosis Foundation | Adult care | 2024 | $35,300 |
| Community Foundation of New Jersey | Hospitals, specialty hospitals & community clinics | 2024 | $17,908 |
| Temple University-of the Commonwealth System of Higher Educ | Research subcontract | 2023 | $143,980 |
| Cystic Fibrosis Foundation | Cf care center | 2023 | $61,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $11,800 |
| Jewish Community Foundation of Greater Metrowest Nj | General charitable purposes | 2022 | $104,850 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2022 | $100,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2022 | $75,000 |
| Cystic Fibrosis Foundation | Cf care center | 2022 | $55,540 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $36,095 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2022 | $35,704 |
| American Online Giving Foundation Inc | General support | 2022 | $31,400 |
| Donor Advised Charitable Giving | Health | 2022 | $23,820 |
| Ayco Charitable Foundation | Medical / public services | 2022 | $20,500 |
Grants made · $52K in FY2017
1 grant totaling $52K in FY2017. All grants made by Rwj Barnabas Health Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Township of Livingston | Program support | $52,155 |
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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 22-1494440, 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 22-1494440.
- How much revenue does Rwj Barnabas Health Inc report?
- Rwj Barnabas Health Inc reported $871,885,801 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 $1,472,781, paid to Stephen P Zieniewicz Fache (Trustee - Ceo).
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Data for Rwj Barnabas Health Inc (EIN 22-1494440) 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.