Inspira Health Network Life Inc
- Assets
- $17.8m
- Revenue
- $32.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Vineland, NJ
- Founding
- 12/2009
- Data as of
- 12/2022
- EIN
- 26-4827936
Organization Overview
Inspira Health Network Life Inc is located in Vineland, NJ. The organization was established in 2009. According to its NTEE Classification (E80) the organization is classified as: Health (General & Financing), 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 Health Network Life 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 12/2022, Inspira Health Network Life Inc generated $32.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $32.6m during the year ending 12/2022. While expenses have increased by 6.2% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO KEEP ELDERS INDEPENDENT AND LIVING IN THEIR COMMUNITY WITH A GOOD QUALITY OF LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES INCURRED IN PROVIDING SENIORS, WITH ONGOING HEALTH NEEDS, A PERSONALIZED INDIVIDUAL HEALTH CARE PLAN TAILORED TO MEET THEIR NEEDS THAT MAY INCLUDE A BALANCE OF BOTH HOME-BASED AND CENTER-BASED CARE. INSPIRA LIFE ALSO PROVIDES SUPPORT AND RESOURCES TO EASE THE BURDEN OF CAREGIVING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Mansue Trustee | Trustee | 55 | $0 |
Thomas P Baldosaro CPA Evp & CFO (termed 10/2022) | Officer | 55 | $0 |
Matthew Doonan ESQ SVP & Chief Legal Officer | Officer | 55 | $0 |
Mia Dempsey-Stahl Executive Director | Officer | 55 | $0 |
Shelly O Schneider Edd Chair - Trustee | OfficerTrustee | 1 | $0 |
Albert A Rundio Jrphddnp Vice Chair - Trustee | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Inspira Medical Centers Inc Management | 12/30/22 | $1,579,383 |
Williamstown Associates Lp Property Management | 12/30/22 | $361,447 |
Tabula Rasa Healthcare It Solutions | 12/30/22 | $607,729 |
Harmelin Media Media | 12/30/22 | $225,080 |
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 | $32,030,732 |
| Investment income | $0 |
| 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 | $32,030,732 |
| 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 | $1,579,383 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $2,646 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,434,778 |
| Advertising and promotion | $241,722 |
| Office expenses | $84,011 |
| Information technology | $258,847 |
| Royalties | $0 |
| Occupancy | $1,194,268 |
| Travel | $119,323 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $293,303 |
| Insurance | $114,140 |
| All other expenses | $560,327 |
| Total functional expenses | $32,561,496 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,262,894 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $446,414 |
| 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 | $233,990 |
| Net Land, buildings, and equipment | $6,305,816 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,561,721 |
| Total assets | $17,810,835 |
| Accounts payable and accrued expenses | $3,774,326 |
| 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 | $19,430,803 |
| Total liabilities | $23,205,129 |
| Net assets without donor restrictions | -$5,394,294 |
| 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 | $17,810,835 |