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 $644,768,822 in FY2018 revenue. CharityIndex grades it A, and it directs about 90% of spending to programs.
2 Crescent Place, Oceanport, NJ, 07757 EIN 22-3452311 Since 2020
Revenue (FY2018)
$644.8M
▲ 4.1% vs prior year
Health median: $840K
Expenses (FY2018)
$624.3M
Net assets
$207.0M
Employees
4,496
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 · $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 rating4 mo reserves · +3% 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: 4 mo reserves · +3% 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 spirit that infuses newark beth israel medical center and children's hospital of new jersey is its commitment to excellence.
What they do
Expenses incurred in providing medically necessary general surgery services procedures to all individuals in a non-discriminatory manner regardless of race, color, creed, sex, national origin or ability to pay. during 2018 the organization performed 3,199 general surgery services procedures. please refer to schedule o for the organization's community benefit statement.
Expenses incurred in providing medically necessary oncology services procedures to all individuals in a non-discriminatory manner regardless of race, color, creed, sex, national origin or ability to pay. during 2018 the organization performed 6,342 oncology services procedures. 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 $563.9M (FY2013) to $644.8M (FY2018) across 6 reported years.
Financial snapshot
Financial health & position (FY2018)
Liabilities $315.9MNet assets $207.0M
Operating margin
3.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$522.9M
Total liabilities
$315.9M
Net assets
$207.0M
Salaries & benefits
$266.4M
43% of expenses
Board members
19
12 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2018 | $644,768,822▲4.1% | $624,309,845▲6.8% | $206,970,592▲11.0% | $522,914,238▲8.3% | 990 |
| 2017 | $619,366,494▲2.9% | $584,363,227▲1.8% | $186,499,225▲16.6% | $483,043,513▲6.6% | 990 |
| 2016 | $601,852,920▼0.5% | $573,863,151▲1.5% | $159,880,474▲39.2% | $453,181,167▼5.9% | 990 |
| 2015 | $604,916,887▲2.3% | $565,215,709▲1.1% | $114,856,194▲56.0% | $481,393,023▲1.5% | 990 |
| 2014 | $591,337,879▲4.9% | $559,098,465▲1.1% | $73,617,201▲81.4% | $474,167,013▲30.6% | 990 |
| 2013 | $563,856,662 | $553,151,301▼0.7% | $40,586,248▲35.6% | $363,107,457▲2.0% | 990 |
| 2012 | — | $557,008,794▼1.6% | $29,930,850▲88.9% | $355,932,969▼5.7% | 990 |
| 2011 | — | $566,135,734▲10.2% | $15,841,264▲834% | $377,292,755▲11.9% | 990 |
| 2010 | — | $513,895,276 | $1,695,304 | $337,083,586 | 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: Mark Russo Md — $1,814,091 (0.29% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Mark Russo Md | Physician | 50 | $1,814,091 |
| Craig Saunders Md | Division Director | 55 | $1,648,489 |
| Frederic Sardari Md | Physician | 50 | $1,010,323 |
| Darrell Terry | Ceo | 55 | $944,618 |
| Munir Nazir Md | Physician | 50 | $917,161 |
| Mark J Zucker Md | Trustee | 50 | $890,206 |
| Margarita Camacho Md | Physician | 50 | $793,696 |
| Adam M Kopelan Md | Chairman M.d. | 50 | $709,300 |
| Douglas A Zehner | Coo | 55 | $634,651 |
| Matthew Schreiber Md | Chief Medical Officer | 55 | $603,405 |
| Nikolas Alexiades | Evp/cfo | 55 | $471,985 |
| Joshua Rosenblatt Md | Trustee; Ex-officio/cao | 50 | $455,501 |
| Zachary Lipner | Vp/chief Hr Officer | 55 | $355,504 |
| Amy Doran | Vp Patient Care Services | 55 | $330,864 |
| Alan Lapa Md | Trustee - Medical Director | 50 | $182,200 |
| Thiri Anandarangam Md | Trustee | 50 | $147,432 |
| Victor Parsonnet Md | Trustee | 5 | $16,909 |
| Charles Cathcart Md | Trustee | 50 | — |
| David E Rothschild | Trustee | 1 | — |
| Domenic Segalla | Former Officer | 0 | — |
Top vendors & contractors (FY2018)
| Contractor | Services | Paid |
|---|---|---|
| Barnabas Health Inc | Management | $60,457,826 |
| Sbc Management Corporation | Management | $6,714,680 |
| Abbott Laboratories Inc | Medical | $4,810,036 |
| Emergency Medical Associates of Nj | Medical | $4,491,950 |
| Sodexo Incorporated and Affiliates | Medical | $3,775,323 |
Grants received · $4.2M total
54 grants to Rwj Barnabas Health Inc totaling $4.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Saint Barnabas Health Care System Foundation Inc | Program support | 2024 | $730,042 |
| Local Initiatives Support Corporation | See part iv | 2024 | $524,850 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $130,000 |
| Community Food Bank of New Jersey Inc | General | 2024 | $122,049 |
| American Cancer Society Inc | Patient support | 2024 | $25,000 |
| American Cancer Society Inc | Patient support | 2024 | $15,000 |
| Public Health Institute | Research | 2024 | $5,534 |
| Local Initiatives Support Corporation | See part iv | 2023 | $146,250 |
| Community Food Bank of New Jersey Inc | General | 2023 | $57,314 |
| American Cancer Society Inc | Patient support | 2023 | $35,000 |
| Public Health Institute | Research | 2023 | $16,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $114,249 |
| Public Health Institute | Research | 2022 | $80,983 |
| Johns Hopkins University | Sub-award | 2022 | $70,000 |
| University of Miami | Research | 2022 | $43,796 |
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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 22-3452311, 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 22-3452311.
- How much revenue does Rwj Barnabas Health Inc report?
- Rwj Barnabas Health Inc reported $644,768,822 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 $1,814,091, paid to Mark Russo Md (Physician).
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Data for Rwj Barnabas Health Inc (EIN 22-3452311) 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.