Monmouth Ocean Hospital Service Corporation
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 8
- Location
- Farmingdale, NJ
- Founding
- 12/1984
- Data as of
- 12/2023
- EIN
- 22-2548916
Organization Overview
Monmouth Ocean Hospital Service Corporation, operating under the name Monoc, is located in Farmingdale, NJ. The organization was established in 1984. According to its NTEE Classification (E62) the organization is classified as: Emergency Medical Services & Transport, under the broad grouping of Health Care and related organizations. As of 12/2023, Monoc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Monoc 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, Monoc generated $1.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (67.4%) each year. All expenses for the organization totaled $500.0 during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (71.5%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
COMPANY CEASED OPERATIONS ON 4 1 2020
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Hector CFO | Officer | 50 | $214,573 |
David Shotwell In-House Legal Officer | 1 | $157,091 | |
John Doll Director | Trustee | 1 | $0 |
Richard Hand Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Quality Medical Transport Medical Intercepts | 12/30/19 | $478,118 |
Emergency Medical Associates Medical Control | 12/30/19 | $237,242 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,590 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $1,590 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $500 |
| Total expenses | $500 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
Grants Awarded
Over the last fiscal year, Monmouth Ocean Hospital Service Corporation has awarded $7,145,985 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
MORRISTOWN MEMORIAL HOSPITAL PURPOSE: Termination DISTRIBUTION | $5,638 |
CAPE REGIONAL MEDICAL CTR PURPOSE: Termination DISTRIBUTION | $31,499 |
MOUNTAINSIDE MEDICAL CENTER PURPOSE: Termination DISTRIBUTION | $17,040 |
OVERLOOK HOSPITAL PURPOSE: Termination DISTRIBUTION | $5,638 |
ATLANTICARE REGIONAL MEDICAL CENTER PURPOSE: Termination DISTRIBUTION | $57,754 |
CENTRASTATE MEDICAL CENTER PURPOSE: Termination DISTRIBUTION | $2,000,000 |