Careplus Bergen
- Assets
- $89.7m
- Revenue
- $267.3m
- Investments
- $0.0
- Employees
- 2,356
- Location
- Paramus, NJ
- Founding
- 09/2017
- Data as of
- 12/2021
- EIN
- 82-2081292
Organization Overview
Careplus Bergen is located in Paramus, NJ. The organization was established in 2017. According to its NTEE Classification (E02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Health Care and related organizations. As of 12/2021, Careplus Bergen employed 2,356 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Careplus Bergen 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 12/2021, Careplus Bergen generated $267.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 39.8% each year . All expenses for the organization totaled $264.7m during the year ending 12/2021. While expenses have increased by 37.9% per year over the past 5 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE AND MANAGE INPATIENT AND OUTPATIENT ACUTE CARE MEDICAL SERVICES, BEHAVIORAL HEALTH SERVICES, ADDICTION SERVICES AND L/T CARE AT BERGEN NEW BRIDGE MEDICAL CENTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES AND REVENUE ASSOCIATED WITH PROVIDING MEDICALLY NECESSARY BEHAVIORAL HEALTH SERVICES, INPATIENT AND OUTPATIENT BEHAVIORAL HEALTH CARE TO PATIENTS PRESENTING TO THE HOSPITAL WHO ARE NOT RESTRICTED OR LIMITED OR OTHERWISE DENIED ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN, RELIGION, SEX, GENDER IDENTITY OR EXPRESSION OR DISABILITY AND ARE OFFERED WITH OR WITHOUT THE ABILITY TO PAY OR FOR THE HOSPITAL TO RECEIVE COMPENSATION FOR THE PROVISION OF CARE.
EXPENSES AND REVENUE ASSOCIATED WITH PROVIDING MEDICALLY NECESSARY AMBULATORY OUTPATIENT ANCILLARY CARE TO PATIENTS PRESENTING TO THE HOSPITAL WHO ARE NOT RESTRICTED OR LIMITED OR OTHERWISE DENIED ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN, RELIGION, SEX, GENDER IDENTITY OR EXPRESSION OR DISABILITY AND ARE OFFERED WITH OR WITHOUT THE ABILITY TO PAY OR FOR THE HOSPITAL TO RECEIVE COMPENSATION FOR THE PROVISION OF CARE.
EXPENSES AND REVENUE ASSOCIATED WITH PROVIDING MEDICALLY NECESSARY INPATIENT ACUTE AND SUBSTANCE ABUSE CARE TO PATIENTS PRESENTING TO THE HOSPITAL WHO ARE NOT RESTRICTED OR LIMITED OR OTHERWISE DENIED ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN, RELIGION, SEX, GENDER IDENTITY OR EXPRESSION OR DISABILITY AND ARE OFFERED WITH OR WITHOUT THE ABILITY TO PAY OR FOR THE HOSPITAL TO RECEIVE COMPENSATION FOR THE PROVISION OF CARE.
LONG TERM CARE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Visconi President/ceo | OfficerTrustee | 40 | $652,926 |
Karine Airapetian MD Psychiatrist | 40 | $528,307 | |
Shahan Sibtain MD Psychiatrist | 40 | $463,756 | |
Mohammad Ramay MD Chief Psychiatrist | 40 | $427,450 | |
Vandana Kethini MD Psychiatrist | 40 | $393,989 | |
Srikanth Reddy MD Chief Psychiatrist | 40 | $384,118 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sodexo Operations Llc Food Services | 12/30/21 | $5,953,722 |
Amerisource Bergen Drug Corporation Pharmaceuticals | 12/30/21 | $9,155,524 |
Stadium Emergency Associates Llc Physicians/emergency | 12/30/21 | $1,823,175 |
Allscripts Healthcare Llc Info. Technologies | 12/30/21 | $1,713,383 |
Unitex Taxile Rental Service Linen Management | 12/30/21 | $1,180,423 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $19,788,859 |
| All other contributions, gifts, grants, and similar amounts not included above | $136,208 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,925,067 |
| Total Program Service Revenue | $240,808,008 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $150,674 |
| 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 | $267,269,626 |
| 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. | $2,171,336 |
| Compensation of current officers, directors, key employees. | $214,535 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $121,089,671 |
| Pension plan accruals and contributions | $893,568 |
| Other employee benefits | $20,050,954 |
| Payroll taxes | $9,800,129 |
| Fees for services: Management | $4,798,424 |
| Fees for services: Legal | $719,230 |
| Fees for services: Accounting | $235,619 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,250,899 |
| Advertising and promotion | $820,406 |
| Office expenses | $3,066,837 |
| Information technology | $6,506,243 |
| Royalties | $0 |
| Occupancy | $32,579,739 |
| Travel | $220,211 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $37,722 |
| Interest | $485,484 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $101,431 |
| Insurance | $2,317,174 |
| All other expenses | $1,384,936 |
| Total functional expenses | $264,690,180 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,284,360 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $5,025,000 |
| Accounts receivable, net | $15,799,454 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,984,194 |
| Prepaid expenses and deferred charges | $2,513,548 |
| Net Land, buildings, and equipment | $3,019,048 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $24,102,014 |
| Total assets | $89,727,618 |
| Accounts payable and accrued expenses | $25,620,804 |
| Grants payable | $0 |
| Deferred revenue | $10,045,326 |
| 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 | $63,399,855 |
| Total liabilities | $99,065,985 |
| Net assets without donor restrictions | -$9,338,367 |
| 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 | $89,727,618 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southwest Behavioral Health Management Inc New Castle, PA | $102,659,131 | $303,663,636 |
Careplus Bergen Paramus, NJ | $89,727,618 | $267,269,626 |
Saint Vincents Catholic Medical Centers Of New York New York, NY | $74,621,358 | $117,640,224 |
National Nurse-Led Care Consortium Philadelphia, PA | $6,488,169 | $12,417,203 |
Allegheny Healthchoices Inc Pittsburgh, PA | $22,380,125 | $8,489,332 |
Brooklyn Hospital Provider Brooklyn, NY | $47,725,309 | $10,026 |
F F Thompson Health System Inc Canandaigua, NY | $6,622,129 | $5,171,518 |
Inperium Inc Reading, PA | $2,526,996 | $3,615,560 |
Baptist Senior Services Pittsburgh, PA | $11,801,621 | $3,494,896 |
Hospice And Palliative Care Group Inc Lockport, NY | $1,207,807 | $3,978,189 |
Biocon Inc Edison, NJ | $16,726,556 | $3,342,644 |
Rural Health Network Of Scny Inc Binghamton, NY | $2,345,985 | $2,339,333 |