Raritan Bay Medical Center
- Assets
- $142.3m
- Revenue
- $227.7m
- Investments
- $0.0
- Employees
- 2,367
- Location
- Perth Amboy, NJ
- Founding
- Data as of
- 12/2015
- EIN
- 22-1494442
Organization Overview
Raritan Bay Medical Center is located in Perth Amboy, NJ. As of 12/2014, Raritan Bay Medical Center employed 2,367 individuals. Raritan Bay Medical Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2015
Describe the Organization's Mission:
Part 3 - Line 1
COMMITTED TO PROVIDING PROFESSIONAL, COMPASSIONATE & QUALITY HEALTH CARE TO ALL PATIENTS AND TO MEETING THE CHANGING HEALTHCARE NEEDS OF OUR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES INCURRED IN PROVIDING VARIOUS MEDICALLY NECESSARY EMERGENCY DEPARTMENT SERVICES TO ALL INDIVIDUALS IN A NON-DISCRIMINATORY MANNER REGARDLESS OF RACE, COLOR, CREED, SEX, NATIONAL ORIGIN, RELIGION OR ABILITY TO PAY. THE ORGANIZATION TREATED 73,091 EMERGENCY DEPARTMENT PATIENTS DURING 2014. PLEASE REFER TO THE ORGANIZATION'S COMMUNITY BENEFIT STATEMENT INCLUDED IN SCHEDULE O.
EXPENSES INCURRED IN PROVIDING VARIOUS MEDICALLY NECESSARY OPERATING ROOM SERVICES TO ALL INDIVIDUALS IN A NON-DISCRIMINATORY MANNER REGARDLESS OF RACE, COLOR, CREED, SEX, NATIONAL ORIGIN, RELIGION OR ABILITY TO PAY. THE ORGANIZATION PERFORMED 9,991 OPERATING ROOM PROCEDURES DURING 2014. PLEASE REFER TO THE ORGANIZATION'S COMMUNITY BENEFIT STATEMENT INCLUDED IN SCHEDULE O.
EXPENSES INCURRED IN PROVIDING VARIOUS MEDICALLY NECESSARY LABOR, DELIVERY, RECOVERY AND POSTPARTUM SERVICES TO ALL INDIVIDUALS IN A NON-DISCRIMINATORY MANNER REGARDLESS OF RACE, COLOR, CREED, SEX, NATIONAL ORIGIN, RELIGION OR ABILITY TO PAY. THE ORGANIZATION HAD 7,788 LABOR, DELIVERY, RECOVERY AND POSTPARTUM VISITS AND ADMISSIONS DURING 2014. PLEASE REFER TO THE ORGANIZATION'S COMMUNITY BENEFIT STATEMENT INCLUDED IN SCHEDULE O.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vincent Costantino Svp, Operations (term 4/11/14) | Officer | 55 | $846,484 |
Michael R D'agnes Trustee; Ex-Officio - Pres/ceo | OfficerTrustee | 55 | $702,034 |
Thomas G Shanahan Fhfma CPA Evp, COO | Officer | 55 | $592,662 |
Arunesh K Mishra MD Physician | 55 | $378,786 | |
Michael Ciencewicki MD Svp, Medical Affairs | Officer | 55 | $376,598 |
Joan Harewood Svp, Patient Care, Cno | Officer | 55 | $299,606 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rutgers University Medical | 12/30/14 | $2,761,627 |
Sodexo Inc Affiliates Food/management | 12/30/14 | $4,261,928 |
Patriot Medical Technologies Medical | 12/30/14 | $1,609,243 |
Fitzpatrick Associates Construction | 12/30/14 | $1,491,490 |
Cerner Health Services Inc It | 12/30/14 | $6,985,319 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,215,813 |
| Investment income | $5,915,925 |
| Tax Exempt Bond Proceeds | $5,949 |
| Royalties | $0 |
| Net Rental Income | $568,654 |
| Net Gain/Loss on Asset Sales | $365,275 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $227,736,863 |
| Statement of Expenses | |
|---|---|
| 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. | $3,085,008 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $105,842,571 |
| Pension plan accruals and contributions | $3,705,795 |
| Other employee benefits | $10,149,983 |
| Payroll taxes | $8,141,738 |
| Fees for services: Management | $20,000 |
| Fees for services: Legal | $1,745,846 |
| Fees for services: Accounting | $210,825 |
| Fees for services: Lobbying | $18,785 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $25,605,309 |
| Advertising and promotion | $1,303,856 |
| Office expenses | $5,708,597 |
| Information technology | $669,792 |
| Royalties | $0 |
| Occupancy | $10,535,290 |
| Travel | $70,090 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $111,148 |
| Interest | $2,975,911 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,736,329 |
| Insurance | $2,058,237 |
| All other expenses | $0 |
| Total functional expenses | $237,036,410 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,375 |
| Savings and temporary cash investments | $495,744 |
| Pledges and grants receivable | $403,630 |
| Accounts receivable, net | $24,371,987 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,160,912 |
| Prepaid expenses and deferred charges | $1,146,964 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $34,732,650 |
| Intangible assets | $283,528 |
| Other assets | $8,280,657 |
| Total assets | $142,292,673 |
| Accounts payable and accrued expenses | $36,944,403 |
| Grants payable | $0 |
| Deferred revenue | $1,180,272 |
| Tax-exempt bond liabilities | $34,462,616 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $4,469,178 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $61,056,700 |
| Total liabilities | $138,113,169 |
| Net assets without donor restrictions | $1,508,778 |
| Net assets with donor restrictions | $737,695 |
| Capital stock or trust principal, or current funds | $1,933,031 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $4,179,504 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Raritan Bay Medical Center has recieved totaling $45,596.
| Awarding Organization | Amount |
|---|---|
Zion Health St George, UT | | $17,798 |
Zion Health St George, UT | | $17,798 |
Amboy Foundation Inc Old Bridge, NJ PURPOSE: NON-PROFIT | $5,000 |
Amboy Foundation Inc Old Bridge, NJ PURPOSE: NON-PROFIT | $5,000 |
Endowment Analysis
| Beg. Balance | $3,793,370 |
| Earnings | $2,946 |
| Net Contributions | $994,048 |
| Other Expense | $1,586,656 |
| Ending Balance | $3,203,708 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Fund For Unicef New York, NY | $445,451,590 | $1,061,946,827 |
Howard Hughes Medical Institute Chevy Chase, MD | $25,877,392,654 | $2,117,477,557 |
Lahey Clinic Hospital Inc Burlington, MA | $439,333,881 | $1,036,261,688 |
Caresource Indiana Inc Dayton, OH | $434,368,652 | $990,208,142 |
Presbyterian Medical Center Of The University Of Pennsylvania Health Philadelphia, PA | $864,132,692 | $1,007,924,819 |
Elderserve Health Inc Bronx, NY | $276,950,489 | $957,027,070 |
Cape Cod Healthcare Inc Hyannis, MA | $1,256,505,571 | $986,611,618 |
Newyork-Presbyterian-Queens Flushing, NY | $898,800,022 | $913,594,490 |
New York-Presbyterian Brooklyn Methodist Brooklyn, NY | $1,733,884,296 | $932,635,722 |
Adventist Healthcare Inc Gaithersburg, MD | $1,771,568,949 | $967,769,251 |
Fordham University Bronx, NY | $2,430,141,698 | $953,892,663 |
Kettering College Miamisburg, OH | $1,728,903,615 | $1,055,020,178 |