Foundation For University Hospital A New Jersey Nonprofit Co
- Assets
- $3.5m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Newark, NJ
- Founding
- 02/2015
- Data as of
- 06/2021
- EIN
- 47-1686351
Organization Overview
Foundation For University Hospital A New Jersey Nonprofit Co is located in Newark, NJ. The organization was established in 2015. According to its NTEE Classification (E70) the organization is classified as: Public Health, 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. Foundation For University Hospital A New Jersey Nonprofit Co 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 06/2021, Foundation For University Hospital A New Jersey Nonprofit Co generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 46.5% each year . All expenses for the organization totaled $2.4m during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION FOR UNIVERSITY HOSPITAL WAS FORMED IN 2014 FOR THE EXCLUSIVE PURPOSE OF SUPPORTING THE OPERATIONS OF UNIVERSITY HOSPITAL AND THE HOSPITAL'S PUBLIC MISSION TO PROVIDE A COMPREHENSIVE HEALTHCARE PROGRAM AND HEALTHCARE SERVICES TO THE GREATER NEWARK COMMUNITY, INCLUDING OUTREACH AND MOBILE HEALTH SERVICES, IN ACCORDANCE WITH THE SPIRIT AND INTENT OF THE "AGREEMENTS REACHED BETWEEN COMMUNITY AND GOVERNMENT NEGOTIATORS REGARDING NEW JERSEY COLLEGE OF MEDICINE AND DENTISTRY AND RELATED MATTERS OF APRIL 30, 1968," AS WELL AS SERVICES IN COLLABORATION WITH THE NEWARK BASED SCHOOLS OF RUTGERS BIOMEDICAL AND HEALTH SCIENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOLLOWING PROGRAMS ARE SUPPORTED BY THE FOUNDATION FOR UNIVERSITY HOSPITAL THROUGH GRANTS AND OTHER FUNDRAISING:1. FREE CANCER SCREENINGS FOR UNINSURED WOMEN IN THE GREATER NEWARK AREA WITH SAME-DAY RESULTS (100 WOMEN SERVED).2. VIOLENCE INTERVENTION PROGRAM FOR VICTIMS OF CRIME.3. TRAUMA SURVIVORSHIP PROGRAM. 4. EMERGENCY CLOTHING CLOSET PROVIDES CLEAN, NEW, DIGNIFIED CLOTHING FOR PATIENTS WHO NEED THEM AT THE TIME OF DISCHARGE (450 PEOPLE SERVED).5. SUPPORT AND EDUCATION FOR NEW AND EXPECTANT MOTHERS (100 EXPECTANT MOTHERS).6. FREE MEALS FOR PATIENTS, CAREGIVERS AND STAFF EXPERIENCING FOOD INSECURITY (DISTRIBUTED MORE THAN 1,000 MEALS).7. COVID RELIEF - PURCHASE OF EMERGENCY MEDICAL SUPPLIES AND EQUIPMENT TO TREAT COVID PATIENTS.
THE FOLLOWING PROGRAMS ARE SUPPORTED BY THE FOUNDATION FOR UNIVERSITY HOSPITAL THROUGH GRANTS AND OTHER FUNDRAISING:1. FREE CANCER SCREENINGS FOR UNINSURED WOMEN IN THE GREATER NEWARK AREA WITH SAME-DAY RESULTS (100 WOMEN SERVED).2. VIOLENCE INTERVENTION PROGRAM FOR VICTIMS OF CRIME.3. TRAUMA SURVIVORSHIP PROGRAM. 4. EMERGENCY CLOTHING CLOSET PROVIDES CLEAN, NEW, DIGNIFIED CLOTHING FOR PATIENTS WHO NEED THEM AT THE TIME OF DISCHARGE (450 PEOPLE SERVED).5. SUPPORT AND EDUCATION FOR NEW AND EXPECTANT MOTHERS (100 EXPECTANT MOTHERS).6. FREE MEALS FOR PATIENTS, CAREGIVERS AND STAFF EXPERIENCING FOOD INSECURITY (DISTRIBUTED MORE THAN 1,000 MEALS).7. COVID RELIEF - PURCHASE OF EMERGENCY MEDICAL SUPPLIES AND EQUIPMENT TO TREAT COVID PATIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael A Curi Chairman | OfficerTrustee | 2 | $0 |
Jessica Backofen Executive Director | Officer | 40 | $0 |
Deanna Breglia Outgoing Executive Director (9/20) | Officer | 40 | $0 |
Calvin Randolph Ledford Trustee | Trustee | 1 | $0 |
Cecilia I Lassiter Trustee | Trustee | 1 | $0 |
James Leonard Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $472,028 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,619,140 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,091,168 |
| Total Program Service Revenue | $0 |
| Investment income | $45,645 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$1,619 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,135,194 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,842,450 |
| 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. | $88,716 |
| Compensation of current officers, directors, key employees. | $76,103 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,120 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $32,147 |
| Fees for services: Accounting | $52,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $151,225 |
| Advertising and promotion | $32,480 |
| Office expenses | $14,032 |
| Information technology | $15,448 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $11,392 |
| 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 | $1,442 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,428,402 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $782,432 |
| Savings and temporary cash investments | $1,377,361 |
| Pledges and grants receivable | $229,179 |
| 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 | $9,270 |
| Net Land, buildings, and equipment | $1,746 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $918 |
| Other assets | $1,074,804 |
| Total assets | $3,475,710 |
| Accounts payable and accrued expenses | $37,371 |
| 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 | $38,212 |
| Total liabilities | $75,583 |
| Net assets without donor restrictions | $1,607,347 |
| Net assets with donor restrictions | $1,792,780 |
| 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 | $3,475,710 |
Grants Awarded
Over the last fiscal year, Foundation For University Hospital A New Jersey Nonprofit Co has awarded $3,875 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Dallas, TX PURPOSE: MEDICAL | $3,000 |
NJ INSTITUTE SOCIAL JUSTICE PURPOSE: EDUCATION | $500 |
Newark, NJ PURPOSE: EDUCATION | $375 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Foundation For University Hospital A New Jersey Nonprofit Co has recieved totaling $69,010.
| Awarding Organization | Amount |
|---|---|
Centering Healthcare Institute Inc Boston, MA PURPOSE: CHI IMPLEMENTATION | $40,864 |
American Cancer Society Inc Kennesaw, GA PURPOSE: Patient Support | $15,000 |
College Of American Pathologists Foundation Northfield, IL PURPOSE: CANCER SCREENING | $13,146 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Spectrum Health Service Inc Philadelphia, PA | $21,459,031 | $22,165,615 |
Public Good Projects New York, NY | $3,040,032 | $8,988,626 |
Health Promotion Council Of Southeastern Pennsylvania Inc Philadelphia, PA | $4,768,529 | $8,462,838 |
Healthshare Of Southeastern Pennsylvania Inc Philadelphia, PA | $6,008,370 | $8,973,710 |
Global Healthy Living Foundationinc Upper Nyack, NY | $6,909,681 | $8,221,665 |
Gradian Health Systems Inc New York, NY | $21,514,567 | $7,272,178 |
Turnaround For Children Inc New York, NY | $10,240,102 | $6,726,239 |
Every Mother Counts New York, NY | $11,774,449 | $8,265,918 |
Kids Smiles Inc Norwood, PA | $2,528,024 | $5,826,185 |
Spectrum Health Care Inc Jersey City, NJ | $2,613,730 | $6,567,447 |
Bebashi Transition To Hope Philadelphia, PA | $2,902,766 | $5,181,013 |
Interboro Regional Health Information Organization Inc Elmhurst, NY | $6,627,400 | $5,892,590 |