Rwj Barnabas Health Inc

Organization Overview

Rwj Barnabas Health Inc is located in Oceanport, NJ. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2021, Rwj Barnabas Health Inc employed 35,874 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Rwj Barnabas Health 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 12/2021, Rwj Barnabas Health Inc generated $5.8b in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $5.8b during the year ending 12/2021. While expenses have increased by 5.1% per year over the past 3 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.

Since 2020, Rwj Barnabas Health Inc has awarded 28 individual grants totaling $10,070,165. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

RWJBARNABAS HEALTH IS ADVANCING INNOVATIVE STRATEGIES IN HIGH QUALITY PATIENT CARE, EDUCATION & RESEARCH TO ADDRESS BOTH THE CLINICAL & SOCIAL DETERMINANTS OF HEALTH

Describe the Organization's Program Activity:

Part 3 - Line 4a

EXPENSES INCURRED IN PROVIDING INPATIENT, OUTPATIENT, EMERGENCY AND VARIOUS OTHER MEDICALLY NECESSARY HEALTHCARE SERVICES TO ALL INDIVIDUALS IN A NON-DISCRIMINATORY MANNER REGARDLESS OF RACE, COLOR, CREED, SEX, NATIONAL ORIGIN OR ABILITY TO PAY AND IN FURTHERANCE OF CHARITABLE TAX-EXEMPT PURPOSES. PLEASE REFER TO THE COMMUNITY BENEFIT STATEMENT IN SCHEDULE O.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Barnabas Health Inc
Management
$655,966,570
Wm Blanchard Company
Construction
$61,128,581
Sodexo Incorporated And Affiliates
Food/management
$34,366,760
Abbott Laboratories Inc
Medical
$18,010,068
Quest Diagnostics Inc
Medical
$16,721,285
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$684,569
Related organizations$16,239,195
Government grants $201,760,546
All other contributions, gifts, grants, and similar amounts not included above$30,413,112
Noncash contributions included in lines 1a–1f $705,034
Total Revenue from Contributions, Gifts, Grants & Similar$249,097,422
Total Program Service Revenue$5,532,474,713
Investment income $3,088,975
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $11,678,538
Net Gain/Loss on Asset Sales $546,658
Net Income from Fundraising Events $0
Net Income from Gaming Activities $26,049
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,809,995,362

Grants Awarded

Over the last fiscal year, Rwj Barnabas Health Inc has awarded $9,828,305 in support to 18 organizations.

Grant RecipientAmount

LAKEWOOD RESOURCE & REFERRAL CTR

Org PageRecipient Profile

Lakewood, NJ

PURPOSE: SPONSORSHIP

$9,517,680

AHAVAS TZEDAKAH INC

Org PageRecipient Profile

Lakewood, NJ

PURPOSE: SPONSORSHIP

$100,000

RAHWAY FIRST AID EMERGENCY SQUAD INC

Org PageRecipient Profile

Rahway, NJ

PURPOSE: SPONSORSHIP

$49,500

T THOMAS FORTUNE FOUNDATION

Org PageRecipient Profile

Red Bank, NJ

PURPOSE: SPONSORSHIP

$25,000

KIMBALL MEDICAL CENTER DENTAL STAFF

PURPOSE: SPONSORSHIP

$15,000

GIRL SCOUTS OF THE JERSEY SHORE INC

Org PageRecipient Profile

Farmingdale, NJ

PURPOSE: SPONSORSHIP

$13,000
View Grant Profile

Endowment Analysis

Beg. Balance$174,449,316
Earnings$10,525,000
Other Expense$1,370,557
Ending Balance$183,603,759

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