Virtua Health Inc is a 501(c)(3) organization based in Marlton, New Jersey, registered in 1998, with $620,078,229 in FY2024 revenue. CharityIndex grades it C, and it directs about 80% of spending to programs.
Revenue (FY2024)
$620.1M
▲ 15.5% vs prior year
Health median: $840K
Expenses (FY2024)
$618.3M
Net assets
-$387.0M
Employees
2,541
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Virtua Health Inc: 80% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
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 Virtua Health Inc: 0 mo reserves · +0% margin earns a F on this criterion. See the exact thresholds →
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 Virtua Health Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
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 Virtua Health Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Virtua's mission is to help the community be well, get well and stay well.
Virtua through its affiliated entities provides care to many individuals that receive assistance with the costs of their healthcare under a medical assistance program. the largest such program is medicaid, which is jointly funded by the federal and state of new jersey governments and is administered by the state. the program's reimbursement does not adequately cover the cost of the care provided. by absorbing the cost of care that is not reimbursed, virtua is relieving the government of this burden. services are provided on both an inpatient and outpatient basis, including in the emergency departments and in clinics.
Virtua through its affiliated entities provides a wide range of outpatient services at its family health center and other programs in its camden facility, including comprehensive primary care and specialty services for infants, children, teens and adults. additionally, virtua subsidizes women's clinics for gynecological and obstetrical care, as well as behavioral health and emergency services and by virtua's mobile intensive care unit program. the costs associated with maintaining these services are in excess of reimbursements to virtua.
These expenses and revenues represent the total for all of the program services listed on lines 4a, 4b and 4c.
Revenue grew from $258.4M (FY2013) to $620.1M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
0.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$957.0M
Total liabilities
$1.3B
Net assets
-$387.0M
Salaries & benefits
$408.3M
66% of expenses
Board members
17
16 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $620,078,229▲15.5% | $618,268,781▲13.3% | -$387,044,549▼23.9% | $956,976,537▲22.2% | 990 |
| 2023 | $537,074,558▲19.7% | $545,789,204▲22.1% | -$312,424,381▼21.4% | $782,838,547▲14.3% | 990 |
| 2022 | $448,633,936▼0.2% | $447,032,433▲0.4% | -$257,387,128▼27.1% | $685,104,858▼12.1% | 990 |
| 2021 | $449,382,014▼3.8% | $445,284,496▼4.2% | -$202,512,284▼13.5% | $779,832,667▼8.5% | 990 |
| 2020 | $467,027,058▼8.9% | $464,580,374▲36.0% | -$178,468,766▼34.2% | $852,487,522▲37.5% | 990 |
| 2019 | $512,433,763▲56.1% | $341,673,256▲4.8% | -$132,960,232▲52.4% | $620,063,421▲30.3% | 990 |
| 2018 | $328,206,945▲7.6% | $326,070,475▲5.3% | -$279,325,960▼14.4% | $475,926,992▼5.4% | 990 |
| 2017 | $304,928,435▲4.0% | $309,529,985▲5.5% | -$244,210,433▼19.2% | $503,286,659▼8.3% | 990 |
| 2016 | $293,251,909▲4.3% | $293,404,435▲5.2% | -$204,934,633▼19.8% | $548,992,076▼9.1% | 990 |
| 2015 | $281,150,387▲2.2% | $279,032,947▲1.7% | -$171,125,958▼17.9% | $603,957,192▼4.3% | 990 |
| 2014 | $274,972,824▲6.4% | $274,259,117▲6.8% | -$145,145,816▼34.8% | $631,149,887▼3.9% | 990 |
| 2013 | $258,390,341 | $256,789,204▼2.9% | -$107,660,375▲20.0% | $656,741,440▼4.1% | 990 |
| 2012 | — | $264,345,362▼2.4% | -$134,501,651▼7.4% | $684,712,683▲1.1% | 990 |
| 2011 | — | $270,737,576▲4.5% | -$125,180,777▼41.5% | $677,271,736▼4.0% | 990 |
| 2010 | — | $259,049,570 | -$88,485,547 | $705,788,084 | 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.
Highest-paid: Dennis W Pullin — $3,255,726 (0.53% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dennis W Pullin | President/ceo | 40.2 | $3,255,726 |
| John M Matsinger | Evp/coo | 40 | $1,702,837 |
| Robert M Segin | Treasurer-evp/cfo | 40.2 | $1,359,141 |
| Reginald J Blaber | Evp/cco (end 12/20/24) | 38.8 | $1,170,592 |
| Stephanie Fendrick | Evp & Chief Strategy Officer | 40 | $1,070,789 |
| Rhonda R Sheppard-jordan | Evp/chro | 40 | $950,696 |
| Lauren Rowinski | Secretary - Svp & General | 40.2 | $950,446 |
| Jennifer L Khelil | Svp/cmo | 40 | $807,035 |
| Thomas Gordon | Svp/cio | 40 | $725,521 |
| Adolfo Piperno | Trustee | 0.2 | — |
| Charles Vila | Trustee | 0.2 | — |
| Damien Ghee | Trustee | 0.2 | — |
| Edward Cloues | Chair | 0.2 | — |
| Elaine Damm | Trustee | 0.2 | — |
| Faye Meloy | Trustee | 0.2 | — |
| George Lynn | Trustee | 0.2 | — |
| Grayling Johnson | Trustee | 0.2 | — |
| James Dwyer Do | Vice Chair | 0.2 | — |
| John Parker | Trustee | 0.2 | — |
| Leslie Donato | Trustee | 0.2 | — |
9 grants to Virtua Health Inc totaling $206K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Heart Association Inc | Aortic stenosis initiative | 2023 | $19,430 |
| American Heart Association Inc | Aortic stenosis initiative | 2022 | $26,000 |
| Trustees of Columbia University | Research | 2020 | $9,710 |
| American Heart Association Inc | Nutrition programs | 2020 | $5,000 |
| Trustees of Columbia University | Research | 2019 | $36,635 |
| Trustees of Columbia University | Research | 2018 | $20,030 |
| Trustees of Columbia University | Research | 2017 | $13,035 |
| March of Dimes Inc | Public &professional | 2016 | $30,000 |
| March of Dimes Inc | Pub & prof education | 2014 | $46,000 |
12 grants totaling $35.1M in FY2024. All grants made by Virtua Health Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Rowan University Foundation Inc | Promote and enhance clinical education, research, and clinical activities of residents of nj and surrounding states | $35,000,000 |
| Bluford Healthcare Leadership Institute | Community support | $20,000 |
| American Cancer Society Inc | Community support | $15,000 |
| Ronald Mcdonald House Global | Community support | $10,000 |
| St Joan of Arc Church | Community support | $10,000 |
| Cherry Hill Free Clinic Inc | Community support | $10,000 |
| Arvf Corporation | Community support | $9,900 |
| Food Bank of South Jersey Inc | Community support | $9,820 |
| The Cooper Foundation Inc | Community support | $9,404 |
| Samaritan Healthcare & Hospice Inc | Community support | $8,710 |
| Inspira Health Foundation Inc | Community support | $8,000 |
| Garces Family Foundation | Community support | $7,640 |
Explore more
Data for Virtua Health Inc (EIN 22-3524939) 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.