Monmouth Family Health Center Inc
- Assets
- $10.6m
- Revenue
- $12.9m
- Investments
- $2.0m
- Employees
- 95
- Location
- Long Branch, NJ
- Founding
- 07/2004
- Data as of
- 03/2022
- EIN
- 20-0547132
Organization Overview
Monmouth Family Health Center Inc is located in Long Branch, NJ. The organization was established in 2004. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 03/2022, Monmouth Family Health Center Inc employed 95 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Monmouth Family Health Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2022, Monmouth Family Health Center Inc generated $12.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $10.1m during the year ending 03/2022. While expenses have increased by 1.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE A BROAD RANGE OF HEALTH SERVICES TO THE MEDICALLY UNDERSERVED POPULATION IN MONMOUTH COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR THE FISCAL YEAR ENDED 3/31/2022, THE CENTER PROVIDED OUTPATIENT HEALTHCARE SERVICES TO APPROXIMATELY 12,500 PATIENTS, TOTALING APPROXIMATELY 40,000 VISITS. SERVICES INCLUDED OBSTETRICS / GYNECOLOGY, MEDICINE, PEDIATRICS, DENTAL, PODIATRY, BEHAVIOR HEALTH AND HIV. THE CENTER CONTINUES TO PROVIDE COMMUNITY IN-REACH, OUTREACH AND ENROLLMENT ASSISTANCE IN ORDER TO MEET ANTICIPATED INCREASES IN PATIENT AND SERVICE AREA NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raksha Joshi MD Chief Medical Officer | Officer | 40 | $253,024 |
Mariela Kapoor MD Physician | 36 | $227,955 | |
Marta C Silverberg Executive Director | Officer | 40 | $196,571 |
Adam Nelson Nurse Practitioner | 40 | $162,826 | |
Aarefa Shakir MD Physician | 24 | $151,140 | |
Robert J Auriemma CFO (until 12/31/21) | Officer | 40 | $131,492 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Monmouth Medical Center Resident Services | 3/30/21 | $893,352 |
Nextgen Healthcare Inc Software Solutions And Support | 3/30/21 | $373,290 |
Monmouth Medical Center Resident Services | 3/30/21 | $893,352 |
Nextgen Healthcare Inc Software Solutions And Support | 3/30/21 | $373,290 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,841,049 |
| All other contributions, gifts, grants, and similar amounts not included above | $980,015 |
| Noncash contributions included in lines 1a–1f | $578,375 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,821,064 |
| Total Program Service Revenue | $7,093,687 |
| Investment income | $9,287 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,946,682 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $591,536 |
| Compensation of current officers, directors, key employees. | $381,315 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,755,489 |
| Pension plan accruals and contributions | $123,135 |
| Other employee benefits | $534,783 |
| Payroll taxes | $348,841 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $236 |
| Fees for services: Accounting | $69,861 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,694,851 |
| Advertising and promotion | $0 |
| Office expenses | $197,970 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $587,723 |
| Travel | $60 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,270 |
| Interest | $865 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $377,113 |
| Insurance | $83,794 |
| All other expenses | $460,630 |
| Total functional expenses | $10,145,664 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $826,880 |
| Savings and temporary cash investments | $1,935,689 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,312,348 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $369,989 |
| Net Land, buildings, and equipment | $1,918,103 |
| Investments—publicly traded securities | $2,204,265 |
| Investments—other securities | $2,025,055 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $46,800 |
| Total assets | $10,639,129 |
| Accounts payable and accrued expenses | $1,336,484 |
| Grants payable | $0 |
| Deferred revenue | $67,029 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,403,513 |
| Net assets without donor restrictions | $9,235,616 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,639,129 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Monmouth Family Health Center Inc has recieved totaling $166,620.
| Awarding Organization | Amount |
|---|---|
New Jersey Primary Care Association Inc Hamilton, NJ PURPOSE: TO SUPPORT TELEHEALTH INNOVATION | $166,620 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hackley School Tarrytown, NY | $243,396,766 | $66,402,652 |
St Lukes Hospital-Easton Campus Allentown, PA | $40,456,733 | $30,049,948 |
Stony Brook Anesthesiology University Faculty Practice Corp Stony Brook, NY | $3,139,029 | $42,033,502 |
University At Buffalo Neurosurgery Inc Williamsville, NY | $12,581,322 | $42,255,592 |
Stony Brook Radiology University Faculty Practice Corporation Stony Brook, NY | $5,494,975 | $42,693,015 |
Seneca Place Pgh, PA | $27,591,419 | $27,199,653 |
Hazleton Professional Services Hazleton, PA | $9,503,487 | $31,426,848 |
Childrens Health Care Associates Of New Jersey Pc Philadelphia, PA | $109,005,654 | $54,641,471 |
Stony Brook Orthopaedic Associates University Faculty Practice Corp Stony Brook, NY | $5,848,599 | $37,222,975 |
Star Community Health Inc Bethlehem, PA | $13,375,255 | $30,362,655 |
Gouverneur Hospital Gouverneur, NY | $22,324,244 | $28,105,337 |
River Hospital Inc Alexandria Bay, NY | $39,728,336 | $28,562,293 |