Rwj Barnabas Health Inc
88% 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 $345,999,545 in FY2021 revenue. CharityIndex grades it A, and it directs about 88% of spending to programs.
2 Crescent Place, Oceanport, NJ, 07757 EIN 22-3601678 Since 2020
Revenue (FY2021)
$346.0M
▲ 3.1% vs prior year
Health median: $840K
Expenses (FY2021)
$325.6M
Net assets
$263.2M
Employees
2,948
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 rating88% 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: 88% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating10 mo reserves · +6% 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: 10 mo reserves · +6% 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 →
BTransparency10% of the rating3 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: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
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Mission
Trinitas - a catholic teaching hospital - provides healthcare to the people and community we serve.
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 $320.5M (FY2013) to $346.0M (FY2021) across 9 reported years.
Financial snapshot
Financial health & position (FY2021)
Liabilities $242.0MNet assets $263.2M
Operating margin
5.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$505.3M
Total liabilities
$242.0M
Net assets
$263.2M
Salaries & benefits
$161.0M
49% of expenses
Board members
16
15 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2021 | $345,999,545▲3.1% | $325,550,567▲0.9% | $263,223,654▲9.6% | $505,269,561▲1.8% | 990 |
| 2020 | $335,549,111▲3.4% | $322,591,618▲2.4% | $240,146,172▲9.3% | $496,296,310▲11.7% | 990 |
| 2019 | $324,505,436▲1.6% | $314,925,734▲2.5% | $219,753,845▲13.1% | $444,293,804▲9.4% | 990 |
| 2018 | $319,426,732▲0.3% | $307,220,344▲1.8% | $194,278,008▲2.4% | $406,275,828▼1.3% | 990 |
| 2017 | $318,391,534▼0.5% | $301,883,395▼0.9% | $189,656,760▲12.6% | $411,540,461▼0.9% | 990 |
| 2016 | $319,874,553▼0.5% | $304,699,618▼0.4% | $168,420,653▲11.0% | $415,133,634▲4.9% | 990 |
| 2015 | $321,428,519▼1.9% | $306,068,248▼1.6% | $151,765,977▲6.7% | $395,757,062▲4.5% | 990 |
| 2014 | $327,732,456▲2.3% | $311,030,917▲0.7% | $142,268,508▲13.1% | $378,630,047▲4.5% | 990 |
| 2013 | $320,488,171 | $308,734,460▲2.1% | $125,794,281▲16.2% | $362,362,789▲3.4% | 990 |
| 2012 | — | $302,437,246▲0.6% | $108,226,392▲16.0% | $350,550,078▲5.9% | 990 |
| 2011 | — | $300,705,435▼0.5% | $93,269,887▲6.4% | $331,169,257▲4.4% | 990 |
| 2010 | — | $302,185,793 | $87,663,835 | $317,155,323 | 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 (FY2021)
Highest-paid: Gary S Horan — $1,524,581 (0.47% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Gary S Horan | President & Ceo | 32 | $1,524,581 |
| Karen Lumpp | Senior Vp & Cfo/asst. Treasurer | 35 | $721,344 |
| Barry Simpson Levinson Md | Physician | 40 | $574,983 |
| Nazima Abrarova Md | Physician | 40 | $499,585 |
| Gerardo Capo Md | Physician | 40 | $492,011 |
| Clarisa Henson Md | Physician | 40 | $491,504 |
| Sergio Baerga Md | Physician | 40 | $486,281 |
| Glenn Nacion | Vice President Human Resources | 38 | $433,121 |
| Judy Comitto | Vp Information Serv. & Cio (until 10/21) | 40 | $364,533 |
| Nancy Diliegro | Vice President Clinical Services | 40 | $363,288 |
| James Mccreath | Vice President Behavioral Health | 40 | $357,535 |
| Mary Mctigue | Vice President Patient Care Services | 40 | $336,151 |
| John D'angelo | Vp Emergency Room | 40 | $280,269 |
| Douglas Harris | Vice President of Marketing & Pr | 40 | $275,868 |
| Patricia Hajnosz | Vp Legal Affairs/general Counsel | 40 | $238,385 |
| William Mchugh | Medical Director & Cmo | 40 | $185,388 |
| Nadine Brechner | Executive Director & Cdo (until 8/21) | 8 | $81,609 |
| Adam Rowen Md | Trustee | 2 | — |
| Alfonso J Lopez | Trustee | 2 | — |
| Anadir E Liranzo | Trustee | 2 | — |
Top vendors & contractors (FY2021)
| Contractor | Services | Paid |
|---|---|---|
| Landmark Healthcare LLC | Construction Services | $5,694,440 |
| Trinitas Anesthesia Associates | Physician Services | $3,596,663 |
| Aergo Solutions LLC | Charity/medicaid Enrollment | $2,784,069 |
| The Martin Group LLC | Construction Services | $2,755,722 |
| University Radiology Group PC | Physician Services | $1,830,523 |
Grants received · $29K total
3 grants to Rwj Barnabas Health Inc totaling $29K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| New Jersey Innovation Institute Inc | Substance use disorder program | 2022 | $8,500 |
| Matthew 25 Ministries Inc | Humanitarian aid | 2020 | $10,300 |
| Goldman Sachs Charitable Gift Fund | Educational programs & other student svc | 2019 | $10,000 |
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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 22-3601678, 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 22-3601678.
- How much revenue does Rwj Barnabas Health Inc report?
- Rwj Barnabas Health Inc reported $345,999,545 in total revenue on its fiscal year 2021 IRS Form 990 filing.
- How much of Rwj Barnabas Health Inc's spending goes to programs?
- Rwj Barnabas Health Inc spends about 88% 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 $1,524,581, paid to Gary S Horan (President & Ceo).
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Data for Rwj Barnabas Health Inc (EIN 22-3601678) 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.