Saint Barnabas Realty Development Corporation
- Assets
- $52.4m
- Revenue
- $5.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Oceanport, NJ
- Founding
- 08/1989
- Data as of
- 12/2023
- EIN
- 22-2940008
Organization Overview
Saint Barnabas Realty Development Corporation is located in Oceanport, NJ. The organization was established in 1989. According to its NTEE Classification (E19) the organization is classified as: Support N.E.C., 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. Saint Barnabas Realty Development Corporation 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, Saint Barnabas Realty Development Corporation generated $5.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $6.6m during the year ending 12/2023. While expenses have increased by 3.1% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTS COOPERMAN BARNABAS MEDICAL CENTER & OTHER RWJBH AFFILIATES; COORDINATES THE MGMT & OPERATION OF RENTAL SPACE OF PROPERTY OWNED AND RENTED BY RWJBH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES INCURRED IN SUPPORTING COOPERMAN BARNABAS MEDICAL CENTER AND OTHER RWJBARNABAS HEALTH AFFILIATES; COORDINATES THE MANAGEMENT AND OPERATION OF RENTAL SPACE OF PROPERTY OWNED AND RENTED BY RWJBARNABAS HEALTH.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David A Mebane ESQ Trustee-Rwjbh Evp/gen Counsel | Trustee | 55 | $0 |
William Cuthill Trustee - Rwjbh SVP Facilities | Trustee | 55 | $0 |
Gary V Lotano Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Wm Blanchard Co Construction | 12/30/17 | $12,550,534 |
Rendina Development Company Of Amer Consulting | 12/30/17 | $2,454,251 |
Presidio Networked Solutions Inc It | 12/30/17 | $319,015 |
Tritech Associates Inc Security | 12/30/17 | $315,496 |
Thomas J O'beirne Co Inc Construction | 12/30/17 | $111,455 |
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 | $1,702,909 |
| Investment income | $2,138,292 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,249,074 |
| 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 | $5,182,291 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,260,889 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,058,111 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,439,709 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $6,581,105 |
| 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 | $74,038 |
| Net Land, buildings, and equipment | $35,231,346 |
| Investments—publicly traded securities | $4,880,374 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,251,480 |
| Total assets | $52,437,238 |
| Accounts payable and accrued expenses | $1,701,049 |
| Grants payable | $0 |
| Deferred revenue | $2,241,340 |
| 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 | $3,420,042 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $101,227,770 |
| Total liabilities | $108,590,201 |
| Net assets without donor restrictions | -$56,152,963 |
| 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 | $52,437,238 |