Inspira Medical Center Woodbury Inc
- Assets
- $0.0
- Revenue
- $242.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Woodbury, NJ
- Founding
- 07/1967
- Data as of
- 12/2019
- EIN
- 22-1820210
Organization Overview
Inspira Medical Center Woodbury Inc is located in Woodbury, NJ. The organization was established in 1967. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inspira Medical Center Woodbury 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 12/2019, Inspira Medical Center Woodbury Inc generated $242.5m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $215.2m during the year ending 12/2019. While expenses have increased by 3.9% per year over the past 5 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF INSPIRA MEDICAL CENTER WOODBURY, INC. IS TO PROVIDE QUALITY HEALTHCARE SERVICES THAT IMPROVE THE LIVES OF ALL WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES INCURRED IN PROVIDING INPATIENT, OUTPATIENT AND EMERGENCY MEDICALLY NECESSARY SERVICES TO ALL INDIVIDUALS IN A NON-DISCRIMINATORY MANNER REGARDLESS OF RACE, COLOR, CREED, SEX, NATIONAL ORIGIN OR ABILITY TO PAY. PLEASE REFER TO SCHEDULE O FOR THE ORGANIZATION'S COMMUNITY BENEFIT STATEMENT (STATEMENT OF PROGRAM SERVICES) WHICH INCLUDES DETAILED INFORMATION REGARDING THE VARIOUS SERVICES PROVIDED BY THIS ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John A Diangelo Trustee; President/ceo - Ihn | OfficerTrustee | 55 | $0 |
Benjamin T Griffith Vice Chairman - Trustee | OfficerTrustee | 1 | $0 |
Edgar G Galloway III Chairman - Trustee | OfficerTrustee | 1 | $0 |
Edward Bethea Secretary/treasurer - Trustee | OfficerTrustee | 1 | $0 |
Alka Kohli MD MBA Evp/chief Pop Health Officer | Officer | 55 | $0 |
Robert E Florentine Svp/chief People Officer | Officer | 55 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Skanska Usa Building Inc Construction | 12/30/19 | $67,089,156 |
Philips Healthcare It | 12/30/19 | $12,319,271 |
Cerner Corporation It | 12/30/19 | $3,520,931 |
Cooper University Physicians Medical | 12/30/19 | $2,993,103 |
South Jersey Anesthesia Medical | 12/30/19 | $2,397,578 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $3,793,990 |
| Government grants | $149,968 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,943,958 |
| Total Program Service Revenue | $234,018,711 |
| Investment income | $3,531,884 |
| Tax Exempt Bond Proceeds | $64,394 |
| Royalties | $0 |
| Net Rental Income | $392,829 |
| Net Gain/Loss on Asset Sales | -$186,986 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $242,530,551 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $35,500 |
| Grants and other assistance to domestic individuals. | $57,296 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $336,769 |
| Fees for services: Legal | $309,231 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $49,500 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $325,399 |
| Fees for services: Other | $10,911,961 |
| Advertising and promotion | $3,401 |
| Office expenses | $3,076,995 |
| Information technology | $86,489 |
| Royalties | $0 |
| Occupancy | $5,015,874 |
| Travel | $248,121 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,742 |
| Interest | $1,515,651 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,502,583 |
| Insurance | $251,577 |
| All other expenses | $3,938,992 |
| Total functional expenses | $215,154,445 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Inspira Medical Center Woodbury Inc has awarded $35,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Camden, NJ PURPOSE: SPONSORSHIP | $15,000 |
CITY OF WOODBURY PURPOSE: SPONSORSHIP | $10,500 |
Pennsauken, NJ PURPOSE: SPONSORSHIP | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Inspira Medical Center Woodbury Inc has recieved totaling $6,179.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of New Jersey Morristown, NJ PURPOSE: GENERAL SUPPORT | $6,179 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Presbyterian Medical Center Of The University Of Pennsylvania Health Philadelphia, PA | $864,132,692 | $1,007,924,819 |
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 |
Abington Memorial Hospital Philadelphia, PA | $948,017,930 | $858,404,541 |
Englewood Hospital And Medical Center A New Jersey Nonprofit Corp Englewood, NJ | $770,563,796 | $890,451,423 |
Inspira Medical Centers Inc Bridgeton, NJ | $1,997,035,403 | $960,599,521 |
Valley Hospital Inc Ridgewood, NJ | $2,214,086,950 | $1,000,529,103 |
St Francis Hospital Roslyn, NY | $1,505,143,319 | $834,224,682 |
Virtu-West Jersey Health System Inc Marlton, NJ | $2,706,789,713 | $1,000,808,483 |
Bronxcare Health System Bronx, NY | $743,333,524 | $835,076,495 |
United Health Services Hospitals Inc Binghamton, NY | $821,708,896 | $773,726,450 |
Bayhealth Medical Center Inc Dover, DE | $1,592,804,671 | $861,509,299 |