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 $542,448,033 in FY2018 revenue. CharityIndex grades it A+, and it directs about 90% of spending to programs.
2 Crescent Place, Oceanport, NJ, 07757 EIN 22-3452412 Since 2020
Revenue (FY2018)
$542.4M
▲ 3.9% vs prior year
Health median: $840K
Expenses (FY2018)
$487.8M
Net assets
$470.4M
Employees
3,634
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 rating12 mo reserves · +10% 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: 12 mo reserves · +10% 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 meet the healthcare needs of our community by providing cost-effective quality care, to educate healthcare providers & to provide continuum of regional tertiary care.
What they do
Expenses incurred in providing medically necessary psychiatry 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 treated 17,658 psychiatric services procedures. please refer to schedule o for the organization's community benefit statement.
Expenses incurred in providing medically necessary obstetrics 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 7,984 obstetrics 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 $355.3M (FY2013) to $542.4M (FY2018) across 6 reported years.
Financial snapshot
Financial health & position (FY2018)
Liabilities $299.6MNet assets $470.4M
Operating margin
10.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$770.0M
Total liabilities
$299.6M
Net assets
$470.4M
Salaries & benefits
$208.1M
43% of expenses
Board members
41
38 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2018 | $542,448,033▲3.9% | $487,820,464▲5.7% | $470,403,218▲16.3% | $770,048,613▲14.6% | 990 |
| 2017 | $522,271,429▼0.5% | $461,419,911▼0.3% | $404,636,991▲18.3% | $672,102,238▲10.6% | 990 |
| 2016 | $524,914,992▲2.2% | $462,677,864▲2.0% | $342,077,977▲24.5% | $607,866,208▼0.5% | 990 |
| 2015 | $513,551,741▲10.8% | $453,465,953▲11.7% | $274,664,521▲29.0% | $610,768,276▲8.2% | 990 |
| 2014 | $463,550,480▲30.5% | $406,061,884▲31.8% | $212,891,507▲34.8% | $564,730,960▲30.2% | 990 |
| 2013 | $355,250,565 | $308,154,482▲2.0% | $157,931,769▲51.5% | $433,809,451▲39.4% | 990 |
| 2012 | — | $302,256,789▲2.2% | $104,213,160▲61.1% | $311,143,183▼4.0% | 990 |
| 2011 | — | $295,765,910▲7.8% | $64,701,801▲78.2% | $324,260,831▲15.7% | 990 |
| 2010 | — | $274,313,100 | $36,307,812 | $280,319,355 | 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: Frank J Vozos Md Facs — $1,171,877 (0.24% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Frank J Vozos Md Facs | Executive Vice President | 55 | $1,171,877 |
| William S Arnold | Ceo | 55 | $848,400 |
| Thomas Heleotis Md | Vpma - Mmc | 55 | $602,984 |
| Eric W Carney | Coo Mmc | 55 | $496,330 |
| Joanna P Zimmerman | Cfo | 55 | $479,382 |
| Rajesh Mohan Md | Chief Medical Officer | 55 | $409,265 |
| Diann Johnston | Vp Patient Care Svcs/cno Mmc | 55 | $390,901 |
| Phillip G Passes | Vice President | 50 | $360,185 |
| Richard B Kiernan | Vp, Chief Hr Officer-mmc | 55 | $322,669 |
| Shirley Hwang | Vice President | 50 | $313,119 |
| Joseph Jaeger Drph | Chief Academic Officer | 55 | $306,872 |
| Judy Castellano Colorado | Coo/cno Mmcsc | 55 | $283,687 |
| Tara Formica Kelly | Vice President | 50 | $254,537 |
| Patricia A Mcnamee | Asst. Vp (term 12/1/18) | 50 | $251,997 |
| Andrew Harrison Md | Physician | 50 | $249,864 |
| Jonathan P Tango | Vp Operations - Mmcsc | 55 | $243,434 |
| Michael S Perdoni | Vp Operations - Mmc | 55 | $210,640 |
| Adam Pfeffer Esq | Trustee | 1 | — |
| Alan E Davis Esq | Trustee | 1 | — |
| Andrew J Melnick | Trustee | 1 | — |
Top vendors & contractors (FY2018)
| Contractor | Services | Paid |
|---|---|---|
| Barnabas Health Inc | Management | $53,328,306 |
| Sbc Management Corporation | Management | $5,922,848 |
| New Jersey Laborist Group LLC | Medical | $1,721,500 |
| Quest Diagnostics Incorporated | Medical | $1,458,242 |
| Emergency Medical Associates of Nj | Medical | $1,280,336 |
Grants received · $147K total
8 grants to Rwj Barnabas Health Inc totaling $147K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Seattle Childrens Hospital | Pediatric medical research grant subaward | 2021 | $8,538 |
| Seattle Childrens Hospital | Pediatric medical research grant subaward | 2019 | $17,896 |
| Seattle Childrens Hospital | Pediatric medical research grant subaward | 2018 | $20,167 |
| Seattle Childrens Hospital | Pediatric medical research grant subaward | 2017 | $18,905 |
| Seattle Childrens Hospital | Pediatric medical research grant subaward | 2016 | $22,028 |
| Seattle Childrens Hospital | Pediatric medical research grant subaward | 2015 | $13,574 |
| Muscular Dystrophy Association | Medical diagnosis | 2014 | $27,000 |
| Seattle Childrens Hospital | Pediatric medical research grant subaward | 2014 | $19,274 |
Grants made · $266K in FY2018
11 grants totaling $266K in FY2018. All grants made by Rwj Barnabas Health Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Ahavas Tzedaka Inc | Sponsorship | $100,000 |
| Wall Township Pba Local 234 Civic Association Inc | Sponsorship | $50,000 |
| Monmouth County Habitat For Humanity Inc | Sponsorship | $30,241 |
| Long Branch Community Fund Inc | Sponsorship | $15,000 |
| Rwj Barnabas Health Inc | Sponsorship | $12,500 |
| Monmouth University Inc | Sponsorship | $11,500 |
| Chamber of Commerce of Long Branch Nj | Sponsorship | $11,350 |
| Long Branch Board of Education | Sponsorship | $11,350 |
| New Jersey Repertory Company A New Jersey Non-profit Corporation | Sponsorship | $10,000 |
| Long Branch Historical Publication Edu & Restoration Comm Inc | Sponsorship | $8,180 |
| Valerie Fund | Sponsorship | $6,000 |
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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 22-3452412, 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 22-3452412.
- How much revenue does Rwj Barnabas Health Inc report?
- Rwj Barnabas Health Inc reported $542,448,033 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 $1,171,877, paid to Frank J Vozos Md Facs (Executive Vice President).
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Data for Rwj Barnabas Health Inc (EIN 22-3452412) 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.