Charity Impact Media

Home › Health care

Ocean Health Initiatives

Wall Township, NJ · EIN 06-1691342 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Ocean Health Initiatives reported $30.3 million in revenue and $26.1 million in expenses for calendar year 2024. Of every $100 it spent, $83.13 went to program services, $16.87 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 69.0% of the total. Government grants made up 30.9%. The highest compensation it reported for one person was $651,687 (CHIEF EXECUTIVE OFFICER). 30 people received more than $100,000 in reportable compensation. Revenue rose 26% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $26M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $30M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
83.1%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
16.9%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
30.9%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
30.9%0.1%
Program service revenue share
Part VIII 2g ÷ 12
69.0%93.7%
Highest reported compensation
Part VII-A, columns D–F
$651,687$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.49%1.34%
People paid over $100,000
Part VII, line 2
3027
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
7.46.6
Independent voting board members
Part VI 1a–1b
13 of 1388.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$22M expenses · 100.0% of program spending · revenue $21M

Ohi provides high quality, accessible and affordable family healthcare to residents in ocean county regardless of insurance at our five health center locations in lakewood, little egg harbor, toms river, manahawkin and manchester, with two school based wellness programs in the lakewood high school and clifton avenue elementary school, lakewood

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CHIEF EXECUTIVE OFFICER
Officer, 40.0 hrs/week
$585,684$0$66,003$651,687
CHIEF OPERATING OFFICER
Officer, 40.0 hrs/week
$361,655$0$58,852$420,507
CMO
Officer, 40.0 hrs/week
$314,050$0$53,613$367,663
Vice President Rev/PM
Highest compensated employee, 40.0 hrs/week
$204,337$0$42,038$246,375
PROVIDER
Highest compensated employee, 40.0 hrs/week
$218,892$0$17,019$235,911
PROVIDER
Highest compensated employee, 40.0 hrs/week
$210,995$0$11,614$222,609
PROVIDER
Highest compensated employee, 40.0 hrs/week
$205,379$0$17,071$222,450
PHYSICIAN-OB/GYN
Highest compensated employee, 40.0 hrs/week
$198,633$0$21,376$220,009

30 people received more than $100,000 in reportable compensation from Ocean Health Initiatives (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.4M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40M201920202021202220232024$30M$26M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$30M$26M83.1%$16M$651,687
2023 ⓘ$27M$29M81.2%$12M$586,557
2022 ⓘ$31M$29M81.4%$14M$606,309
2021 ⓘ$33M$28M81.7%$12M$606,856
2020 ⓘ$25M$25M81.2%$6.3M$567,691
2019 ⓘ$24M$25M81.0%$6.3M$515,913

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b13 · 13 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5260
  • Volunteers Part I, line 613

Private foundation grants it received

4 private foundations reported grants to Ocean Health Initiatives totaling $156K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Ocean Health Initiatives's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Ocean Health Initiatives, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in New Jersey

Questions people ask

How much of Ocean Health Initiatives's spending goes to programs?

In calendar year 2024, Ocean Health Initiatives reported that 83.1% of its $26.1 million in expenses went to program services, 16.9% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Ocean Health Initiatives pay its top executive?

The largest total compensation Ocean Health Initiatives reported for one person in calendar year 2024 was $651,687, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Ocean Health Initiatives get its money?

Of $30.3 million in revenue in calendar year 2024, 30.9% came from contributions and grants (including 30.9% from government grants) and 69.0% from program service revenue (Form 990, Part VIII).

Is Ocean Health Initiatives a registered charity?

The IRS lists EIN 06-1691342 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202502909349300345 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202412959349300621 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202342429349301144 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202212799349300426 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202132799349301518 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202023169349304877 · read the filing

All filings for EIN 06-1691342: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.