Virtu-west Jersey Health System Inc
84% goes to programs $0 to raise $100 Strong reserves Growing revenue
Virtu-west Jersey Health System Inc is a 501(c)(3) organization based in Marlton, New Jersey, registered in 1942, with $1,231,312,683 in FY2024 revenue. CharityIndex grades it A, and it directs about 84% of spending to programs.
406 Lippincott Dr Ste J, Marlton, NJ, 08053 EIN 21-0634532 Since 1942
Revenue (FY2024)
$1.2B
▲ 8.4% vs prior year
Health median: $840K
Expenses (FY2024)
$1.0B
Net assets
$2.0B
Employees
5,984
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 rating84% 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 Virtu-west Jersey Health System Inc: 84% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating24 mo reserves · +17% 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 Virtu-west Jersey Health System Inc: 24 mo reserves · +17% margin earns a A on this criterion. See the exact thresholds →
AGovernance25% of the rating5 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 Virtu-west Jersey Health System Inc: 5 of 6 checks met earns a A 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 Virtu-west Jersey Health System Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Our mission is to help the community to be well, get well and stay well
What they do
Virtua provides a wide range of outpatient services to meet community needs, including primary and specialty care for infants, children, teens and adults. virtua subsidizes women's clinics for gynecological and obstetrical care, children's and neonatal intensive care, as well as behavioral health and emergency services. the costs related to these services are in excess of reimbursements to virtua.
In support of its commitment to ensuring the continuing education and development of medical professionals, virtua - west jersey has its own residency programs and participates in programs sponsored by other institutions. virtua -west jersey specifically offers residency programs to develop physicians in family practice, dental medicine and podiatric medicine. virtua -west jersey participates in residencies that support the development of physicians practicing obstetrics and gynecology, emergency medicine, and surgery.
Additional community benefits, such as:community health improvement services: held events throughout the year to bring awareness to many medical issues to the community.expense of $5,562,243revenue of $2,102,425financial assistance at cost: charity careexpense of $13,497,953revenue of $1,002,885research: preformed oncology clinical research studies.expense of $431,281revenue of $9,319financial and in-kind contributions: provided contributions to non-profit communities and healthcare organizations throughout camden and gloucester counties. also provided meeting spaces to organizations and medical supplies to families in need.expense of $453,034revenue of $2,569community building activities: held events throughout the year to feed and provide presents to many families in need.expense of $532,317revenue of $312,970providing functional patient services for the hospitalsexpense of $626,188,872revenue of $1,055,101,160
Contact & location
- Address
- 406 Lippincott Dr Ste J, Marlton, NJ, 08053
- City
- Marlton
- State
- New Jersey
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $757.7M (FY2013) to $1.2B (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.2BNet assets $2.0B
Operating margin
17.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.2B
Total liabilities
$1.2B
Net assets
$2.0B
Salaries & benefits
$401.3M
39% of expenses
Board members
5
2 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,231,312,683▲8.4% | $1,022,196,977▲11.9% | $2,014,116,778▲9.7% | $3,195,021,072▲14.7% | 990 |
| 2023 | $1,136,007,248▲9.8% | $913,724,423▲4.1% | $1,836,308,046▲12.9% | $2,785,741,092▲14.7% | 990 |
| 2022 | $1,034,437,707▲3.4% | $878,094,658▲7.4% | $1,625,832,054▼7.4% | $2,427,863,351▼10.3% | 990 |
| 2021 | $1,000,808,483▲22.0% | $817,505,493▲12.7% | $1,755,065,962▲13.8% | $2,706,789,713▲1.2% | 990 |
| 2020 | $820,106,673▼2.7% | $725,494,129 | $1,542,404,318▲7.8% | $2,675,853,208▲13.8% | 990 |
| 2019 | $843,116,524▲7.6% | $725,771,251▲3.1% | $1,430,481,461▲14.1% | $2,351,734,292▲14.3% | 990 |
| 2018 | $783,628,093▼14.7% | $703,949,992▼1.1% | $1,253,392,674▼2.7% | $2,057,079,866▼4.3% | 990 |
| 2017 | $919,079,280▲11.3% | $711,444,712▲0.3% | $1,287,595,988▲16.5% | $2,148,561,927▲8.8% | 990 |
| 2016 | $825,799,310▲2.5% | $709,596,636▲2.3% | $1,105,223,313▲16.6% | $1,975,414,233▲7.0% | 990 |
| 2015 | $805,521,996▲4.6% | $693,663,386▲0.8% | $948,115,935▲5.3% | $1,846,042,041▲3.0% | 990 |
| 2014 | $769,850,786▲1.6% | $688,038,703▲1.3% | $900,639,198▲13.3% | $1,792,474,817▲7.7% | 990 |
| 2013 | $757,718,186 | $679,041,742▲6.0% | $794,673,844▲16.7% | $1,665,005,496▲5.4% | 990 |
| 2012 | — | $640,486,558▼1.0% | $680,714,041▲13.5% | $1,578,968,677▲8.5% | 990 |
| 2011 | — | $646,723,125▲10.4% | $599,819,557▲4.2% | $1,455,670,524▼1.3% | 990 |
| 2010 | — | $585,900,314 | $575,764,219 | $1,474,537,112 | 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: Mark P Nessel Start 242024 — $555,409 (0.05% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Mark P Nessel Start 242024 | Trustee- Svp & Coo-voorhees & Marlton Hosp | 36.4 | $555,409 |
| Paul E Minnick End 232024 | Trustee - Svp & Coo Voorh | 40 | $544,109 |
| Erik N Delue | Vp Cmo - Voorhees & Marlton Hospital | 40 | $492,519 |
| Richard Paluzzi | Medical Director | 40 | $456,207 |
| Heidi Baur | Vp Cno - Voorhees & Marlton Hospital | 40 | $389,202 |
| Ling Qi Pan | Registered Nurse | 40 | $307,892 |
| Angela Barody | Vp Home Health | 40 | $303,032 |
| Margaret M Coley | Vp Surgical Services | 40 | $301,088 |
| Dennis Flanagan | Chair | 0.1 | — |
| Dennis W Pullin | President/ceo | 0 | — |
| Dr Craig Zaretsky | Trustee - Physician | 0.1 | — |
| Dr Stephen Goldfine | Trustee | 0.1 | — |
| John M Matsinger | Evp/coo | 0 | — |
| Lauren Rowinski | Secretary- Svp & Chief Legal Officer | 0 | — |
| Lisa C Ferraro | Svp & Coo- Lourdes Hospital | 0 | — |
| Robert M Segin | Treasurer- Evp/cfo | 0 | — |
| Stephanie Fendrick | Trustee - Evp & Chief Strategy Off | 0.1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Cardinal Health 110 LLC | Healthcare Services | $96,476,549 |
| Symmetry Workforce Sol LLC | Staffing | $36,807,682 |
| Intuitive Surgical Inc | Medical Manufacturer | $21,060,758 |
| Turner Construction Co | Contractor | $20,067,537 |
| Morrison Mgmt Specialist Inc | Management Services | $17,325,024 |
Grants received · $64K total
3 grants to Virtu-west Jersey Health System Inc totaling $64K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Virtua Health Inc | Humanitarian grants | 2020 | $6,000 |
| AARP Foundation | Grant to support aarp foundation's food security program | 2019 | $52,833 |
| Patient Access Network Foundation | Patient assistance | 2015 | $5,447 |
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Frequently asked questions
- Is Virtu-west Jersey Health System Inc a legitimate nonprofit?
- Yes. Virtu-west Jersey Health System Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 21-0634532, based in Marlton, New Jersey. Donations are tax-deductible.
- What is Virtu-west Jersey Health System Inc's EIN?
- Virtu-west Jersey Health System Inc's Employer Identification Number (EIN) is 21-0634532.
- How much revenue does Virtu-west Jersey Health System Inc report?
- Virtu-west Jersey Health System Inc reported $1,231,312,683 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Virtu-west Jersey Health System Inc's spending goes to programs?
- Virtu-west Jersey Health System Inc spends about 84% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Virtu-west Jersey Health System Inc have?
- CharityIndex grades Virtu-west Jersey Health System Inc A, based on program efficiency and fundraising cost.
- How much does Virtu-west Jersey Health System Inc's highest-paid employee make?
- The highest reported compensation on Virtu-west Jersey Health System Inc's latest Form 990 is $555,409, paid to Mark P Nessel Start 242024 (Trustee- Svp & Coo-voorhees & Marlton Hosp).
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Data for Virtu-west Jersey Health System Inc (EIN 21-0634532) 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.