Newark Emergency Center Inc
- Assets
- $6.8m
- Revenue
- $8.8m
- Investments
- $1.3m
- Employees
- 100
- Location
- Newark, DE
- Founding
- 11/1973
- Data as of
- 12/2023
- EIN
- 51-0118345
Organization Overview
Newark Emergency Center Inc is located in Newark, DE. The organization was established in 1973. As of 12/2023, Newark Emergency Center Inc employed 100 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newark Emergency Center 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, Newark Emergency Center Inc generated $8.8m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 22.8% each year . All expenses for the organization totaled $6.7m during the year ending 12/2023. While expenses have increased by 21.1% 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
PATIENT EMERGENCY MEDICAL HEALTH CARE SERVICES TO THE GENERAL PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PATIENT EMERGENCY HEALTH CARE SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Horowitz Trustee | Trustee | 5 | $0 |
Seyedmehdi Jadali Physician | 40 | $0 | |
Robert Lynn President/treasurer | OfficerTrustee | 40 | $174,000 |
Amanda Mahler Physician Assistant | Officer | 40 | $172,302 |
Lauren Iaconi Physician Assistant | 40 | $144,251 | |
Sean Simpson Physician Assistant | 40 | $138,710 |
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 | $8,545,462 |
| Investment income | $219,627 |
| 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 | $8,765,089 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $53,000 |
| 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. | $504,324 |
| Compensation of current officers, directors, key employees. | $174,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,991,815 |
| Pension plan accruals and contributions | $111,258 |
| Other employee benefits | $147,904 |
| Payroll taxes | $267,894 |
| Fees for services: Management | $26,725 |
| Fees for services: Legal | $97,518 |
| Fees for services: Accounting | $7,250 |
| Fees for services: Lobbying | $12,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $94,516 |
| Office expenses | $48,129 |
| Information technology | $5,333 |
| Royalties | $0 |
| Occupancy | $159,493 |
| Travel | $2,221 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,363 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $60,739 |
| Insurance | $156,691 |
| All other expenses | $606,437 |
| Total functional expenses | $6,686,249 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,227 |
| Savings and temporary cash investments | $4,977,636 |
| 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 | $0 |
| Net Land, buildings, and equipment | $489,969 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,300,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,300 |
| Total assets | $6,772,132 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $6,772,132 |
| 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 | $6,772,132 |