Rwjbh Corporate Services Inc
90% goes to programs $0 to raise $100 Strong reserves Growing revenue
Rwjbh Corporate Services Inc is a 501(c)(3) organization based in Oceanport, New Jersey, registered in 1985, with $2,184,226,025 in FY2024 revenue. CharityIndex grades it A, and it directs about 90% of spending to programs.
2 Crescent Place, Oceanport, NJ, 07757 EIN 22-2405279 Since 1985
Revenue (FY2024)
$2.2B
▲ 28.0% vs prior year
Health median: $840K
Expenses (FY2024)
$1.7B
Net assets
$1.1B
Employees
4,766
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 Rwjbh Corporate Services 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 · +21% 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 Rwjbh Corporate Services Inc: 8 mo reserves · +21% margin earns a A on this criterion. See the exact thresholds →
BGovernance25% of the rating4 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 Rwjbh Corporate Services Inc: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 Rwjbh Corporate Services Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To support the charitable purposes, goals and objectives of rwj barnabas health, inc. and its affiliates; a tax-exempt integrated healthcare delivery system.
What they do
Expenses incurred for all covered rwjbarnabas health employees relating to rwjbarnabas health's self-insured health plan, including medical claims and prescriptions.
Expenses incurred in operating rwjbh accountable care, llc, an accountable care organization whose sole member is rwjbh corporate services, inc.
Contact & location
- Address
- 2 Crescent Place, Oceanport, NJ, 07757
- City
- Oceanport
- State
- New Jersey
- Category
- Health Care
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $179.7M (FY2013) to $2.2B (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $4.7BNet assets $1.1B
Operating margin
21.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.7B
Total liabilities
$4.7B
Net assets
$1.1B
Salaries & benefits
$564.5M
33% of expenses
Board members
3
1 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,184,226,025▲28.0% | $1,720,998,874▲12.4% | $1,075,866,819▲55.1% | $5,731,823,970▲7.4% | 990 |
| 2023 | $1,706,209,298▲23.0% | $1,530,823,465▲21.6% | $693,659,608▲8.1% | $5,337,159,148▼12.4% | 990 |
| 2022 | $1,387,085,254▼2.1% | $1,259,135,060▲23.3% | $641,881,448▼60.1% | $6,094,222,613▼17.7% | 990 |
| 2021 | $1,417,493,962▲21.1% | $1,021,310,565▲11.7% | $1,610,415,730▲6.9% | $7,403,719,280▲10.5% | 990 |
| 2020 | $1,170,199,726▲19.2% | $914,006,628▲17.1% | $1,506,059,870▲110% | $6,701,827,004▲21.4% | 990 |
| 2019 | $982,036,480▲6.7% | $780,381,628▲8.4% | $718,073,048▲446% | $5,518,965,775▲25.3% | 990 |
| 2018 | $920,079,317▲24.8% | $720,145,314▲15.0% | -$207,343,442▼170% | $4,403,835,347▲9.6% | 990 |
| 2017 | $737,180,302▲71.4% | $626,226,009▲50.0% | -$76,804,717▲78.8% | $4,019,312,515▲54.4% | 990 |
| 2016 | $430,182,778▲3.9% | $417,369,413▲8.4% | -$362,728,943▼13.2% | $2,603,414,967▲11.8% | 990 |
| 2015 | $414,023,344▲43.7% | $385,000,063▲61.5% | -$320,376,839▲1.8% | $2,328,781,633▲15.4% | 990 |
| 2014 | $288,085,841▲60.3% | $238,430,971▲32.0% | -$326,142,628▼41.3% | $2,017,377,475▲14.7% | 990 |
| 2013 | $179,703,047 | $180,596,839▲25.8% | -$230,842,684▲41.3% | $1,759,447,115▲46.6% | 990 |
| 2011 | — | $143,537,927▼17.6% | -$392,934,599▲6.4% | $1,200,094,988▲13.5% | 990 |
| 2010 | — | $174,285,027 | -$419,904,570 | $1,057,054,279 | 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 (FY2024)
Highest-paid: Thomas A Biga — $12,465,942 (0.72% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Thomas A Biga | Evp, President Nw Region | 55 | $12,465,942 |
| Mark E Manigan | Trustee - President/ceo | 60 | $7,116,365 |
| John W Doll CPA | Sr. Evp, Chief Operating Off. | 60 | $5,850,311 |
| Gary S Horan | Former Top 5 Highest Ee | 0 | $4,274,382 |
| Michael E Knecht | Evp, Cmo & Comm.(term 9/30) | 55 | $3,525,747 |
| William S Arnold | Evp, President Southern Region | 55 | $2,763,330 |
| Frank Pipas CPA | Evp, Chief Financial Officer | 60 | $2,145,065 |
| Ruric C Anderson Md | Evp, Chief Med & Quality Off. | 55 | $1,989,193 |
| Michael Prilutsky | Evp, President Ne Region | 55 | $1,957,050 |
| Richard L Davis | President/ceo - Cbmc | 55 | $1,923,597 |
| Darrell Terry | President/ceo - Nbimc | 55 | $1,813,751 |
| Debra Lienhardt | Evp, Chief Bus Dev Off. | 55 | $1,736,349 |
| Glenn Miller | Evp, Chief Development Officer | 55 | $1,594,658 |
| David A Mebane Esq | Trustee - Evp, General Counsel | 55 | $1,582,070 |
| Nancy E Holecek | Evp, Chief Nursing Officer | 55 | $1,556,830 |
| Patrick Knaus | Evp, Chief Strategy Officer | 55 | $1,515,208 |
| Paul G Alexander Md | Evp, Che/cto (term 9/16) | 55 | $1,505,246 |
| Indu Lew | Evp, Chief of Staff | 55 | $1,359,232 |
| Stephen K Barry | Evp, Facilities Management | 55 | $1,356,168 |
| Eric W Carney | President/ceo - Mmc/mmc-sc | 55 | $1,297,586 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Rutgers the State University of Nj | Medical | $60,539,389 |
| Quest Diagnostics Incorporated | Medical | $17,048,939 |
| Comport Consulting Corp | It | $13,004,179 |
| Harmelin and Associates Inc | Marketing | $12,348,483 |
| Allscripts Healthcare Solutions In | It | $11,399,839 |
Grants received · $21.1M total
12 grants to Rwjbh Corporate Services Inc totaling $21.1M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Saint Barnabas Health Care System Foundation Inc | Program support | 2024 | $484,393 |
| Saint Barnabas Health Care System Foundation Inc | Program support | 2023 | $3,186,942 |
| Saint Barnabas Health Care System Foundation Inc | Program support | 2022 | $1,976,411 |
| New Jersey Innovation Institute Inc | Substance use disorder program | 2022 | $815,750 |
| Saint Barnabas Health Care System Foundation Inc | Program support | 2021 | $11,242,721 |
| Direct Relief | Support to us clinics & health centers for low-income, uninsured patients | 2021 | $34,000 |
| Saint Barnabas Health Care System Foundation Inc | Program support | 2020 | $2,490,553 |
| Direct Relief | Support to us clinics & health centers for low-income, uninsured patients | 2020 | $124,823 |
| Direct Relief | Support to us clinics & health centers for low-income, uninsured patients | 2020 | $124,823 |
| Direct Relief | Support to us clinics & health centers for low-income, uninsured patients | 2020 | $124,823 |
| Direct Relief | Support to us clinics & health centers for low-income, uninsured patients | 2020 | $124,823 |
| Direct Relief | Support to us clinics & health centers for low-income, uninsured patients | 2019 | $393,512 |
Grants made · $1.0M in FY2022
9 grants totaling $1.0M in FY2022. All grants made by Rwjbh Corporate Services Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Social Finance Inc | Sponsorships | $675,000 |
| Oneten Coalition Inc | Sponsorships | $150,000 |
| Community Foundation of New Jersey | Sponsorships | $75,000 |
| New Jersey Institute For Social Justice Inc | Sponsorships | $40,000 |
| Sock Shop of America | Sponsorships | $37,000 |
| Salaam Ice Cream Parlor | Sponsorships | $13,990 |
| Greater Newark Conservancy Inc | Sponsorships | $8,750 |
| Propel America | Sponsorships | $7,500 |
| Raritan Valley Community College Foundation | Sponsorships | $5,500 |
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Frequently asked questions
- Is Rwjbh Corporate Services Inc a legitimate nonprofit?
- Yes. Rwjbh Corporate Services Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-2405279, based in Oceanport, New Jersey. Donations are tax-deductible.
- What is Rwjbh Corporate Services Inc's EIN?
- Rwjbh Corporate Services Inc's Employer Identification Number (EIN) is 22-2405279.
- How much revenue does Rwjbh Corporate Services Inc report?
- Rwjbh Corporate Services Inc reported $2,184,226,025 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Rwjbh Corporate Services Inc's spending goes to programs?
- Rwjbh Corporate Services Inc spends about 90% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Rwjbh Corporate Services Inc have?
- CharityIndex grades Rwjbh Corporate Services Inc A, based on program efficiency and fundraising cost.
- How much does Rwjbh Corporate Services Inc's highest-paid employee make?
- The highest reported compensation on Rwjbh Corporate Services Inc's latest Form 990 is $12,465,942, paid to Thomas A Biga (Evp, President Nw Region).
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Data for Rwjbh Corporate Services Inc (EIN 22-2405279) 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.