New Community Health Care Inc
- Assets
- $1.9m
- Revenue
- $9.2m
- Investments
- $0.0
- Employees
- 104
- Location
- Newark, NJ
- Founding
- 01/1984
- Data as of
- 12/2023
- EIN
- 22-2484082
Organization Overview
New Community Health Care Inc is located in Newark, NJ. The organization was established in 1984. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. As of 12/2023, New Community Health Care Inc employed 104 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Community Health Care 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 12/2023, New Community Health Care Inc generated $9.2m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $10.5m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION OVERSEES THE OPERATIONS OF A 180-BED EXTENDED HEALTH CARE FACILITY LOCATED IN NEWARK, NJ
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH CARE (SEE SCHEDULE O FOR FURTHER DETAILS)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Simone Gagnerone CEO | Officer | 1 | $0 |
Elizabeth Mbakaya CFO | Officer | 1 | $0 |
Veronica Onwunaka Nursing Administrator | 40 | $137,900 | |
Fred Hunter COO | Officer | 1 | $0 |
Richard Rorhman CEO - Former | 1 | $0 | |
Debbie Ogundele Foluke Nursing Director | 40 | $116,690 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Activa Rehabilation Services Llc Healthcare Services | 12/30/23 | $320,936 |
Humanedge Inc Healthcare Services | 12/30/23 | $738,734 |
Twomagnets Inc Healthcare Services | 12/30/23 | $382,742 |
Medline Industries Healthcare Products | 12/30/23 | $198,951 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $9,189,891 |
| Investment income | $3,915 |
| 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 | $9,203,763 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,521,289 |
| Pension plan accruals and contributions | $105,830 |
| Other employee benefits | $710,658 |
| Payroll taxes | $384,381 |
| Fees for services: Management | $150,000 |
| Fees for services: Legal | $8,065 |
| Fees for services: Accounting | $41,340 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $123,881 |
| Advertising and promotion | $0 |
| Office expenses | $149,221 |
| Information technology | $106,207 |
| Royalties | $0 |
| Occupancy | $1,752,110 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $11,586 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $51,711 |
| Insurance | $301,831 |
| All other expenses | $0 |
| Total functional expenses | $10,524,497 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $248,003 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $851,087 |
| 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 | $74,635 |
| Net Land, buildings, and equipment | $121,413 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $639,574 |
| Total assets | $1,934,712 |
| Accounts payable and accrued expenses | $1,456,501 |
| 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 | $7,626,548 |
| Total liabilities | $9,083,049 |
| Net assets without donor restrictions | -$7,148,337 |
| 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 | $1,934,712 |