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Virtua - West Jersey Health System

Marlton, NJ · EIN 21-0634532 · 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

Virtua - West Jersey Health System reported $1.23 billion in revenue and $1.02 billion in expenses for calendar year 2024. Of every $100 it spent, $84.41 went to program services, $15.59 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: 91.7% of the total. The highest compensation it reported for one person was $3,320,959 (PRESIDENT/CEO). 945 people received more than $100,000 in reportable compensation. Revenue rose 46% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $1.02B

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 $1.23B

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)
84.4%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
15.6%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
0.0%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
91.7%93.7%
Highest reported compensation
Part VII-A, columns D–F
$3,320,959$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.32%1.34%
People paid over $100,000
Part VII, line 2
94527
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
23.66.6
Independent voting board members
Part VI 1a–1b
2 of 588.9%

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
$163M expenses · 18.9% of program spending · revenue $109M

Unreimbursed medicaid - virtua provided care to many community members that are insured under medical assistance programs, including the state administered medicaid program. Reimbursement for these programs is less than the cost of the services provided by approximately $54 million, as estimated by management. Services are provided on both an inpatient and outpatient basis, including through emergency departments and clinics

$33M expenses · 3.8% of program spending · revenue $21M

Virtua provides a wide range of outpatient services to meet community needs, including primary and specialty care for infants, children, teens and adults. Virtua subsidizes women's clinics for gynecological and obstetrical care, children's and neonatal intensive care, as well as behavioral health and emergency services. The costs related to these services are in excess of reimbursements to virtua

$20M expenses · 2.3% of program spending · revenue $2.8M

In support of its commitment to ensuring the continuing education and development of medical professionals, virtua - West Jersey has its own residency programs and participates in programs sponsored by other institutions. Virtua -West Jersey specifically offers residency programs to develop physicians in family practice, dental medicine and podiatric medicine. Virtua -West Jersey participates in residencies that support the development of physicians practicing obstetrics and gynecology, emergency medicine, and surgery

$647M all other programs (line 4d)

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
PRESIDENT/CEO
Former, 0.00 hrs/week
$0$3,255,726$65,233$3,320,959
EVP/COO
Former, 0.00 hrs/week
$0$1,702,837$51,558$1,754,395
TREASURER- EVP/CFO
Former, 0.00 hrs/week
$0$1,359,141$47,568$1,406,709
TRUSTEE - PHYSICIAN
Director/trustee, 0.10 hrs/week
$0$1,124,798$70,092$1,194,890
TRUSTEE - EVP & CHIEF STRATEGY OFF
Director/trustee, 0.10 hrs/week
$0$1,070,789$17,735$1,088,524
SECRETARY- SVP & CHIEF LEGAL OFFICER
Former, 0.00 hrs/week
$0$950,446$49,835$1,000,281
TRUSTEE- SVP & COO-VOORHEES & MARLTON HOSP
Director/trustee, 36.40 hrs/week
$555,409$49,114$56,047$660,570
SVP & COO- LOURDES HOSPITAL
Former, 0.00 hrs/week
$0$568,100$49,740$617,840

945 people received more than $100,000 in reportable compensation from Virtua - West Jersey Health System (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.6M (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$500M$1.00B$1.50B$2.00B201920202021202220232024$1.23B$1.02B
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$1.23B$1.02B84.4%$2.01B$3,320,959
2023 ⓘ$1.14B$914M84.9%$1.84B$3,487,539
2022 ⓘ$1.03B$878M85.5%$1.63B$3,096,351
2021 ⓘ$1.00B$818M84.0%$1.76B$2,572,078
2020 ⓘ$820M$725M84.6%$1.54B$2,454,911
2019 ⓘ$843M$726M84.1%$1.43B$1,893,869

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–1b5 · 2 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 15aNo
  • 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 14bYes
  • Employees Part I, line 55,984
  • Volunteers Part I, line 6252

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
CARDINAL HEALTH 110 LLC
Healthcare services
$96,476,549
SYMMETRY WORKFORCE SOL LLC
Staffing
$36,807,682
INTUITIVE SURGICAL INC
Medical manufacturer
$21,060,758
TURNER CONSTRUCTION CO
Contractor
$20,067,537
MORRISON MGMT SPECIALIST INC
Management services
$17,325,024

Individuals listed as contractors are left out. 404 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Virtua - West Jersey Health System's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Virtua - West Jersey Health System, 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 Virtua - West Jersey Health System's spending goes to programs?

In calendar year 2024, Virtua - West Jersey Health System reported that 84.4% of its $1.02 billion in expenses went to program services, 15.6% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Virtua - West Jersey Health System pay its top executive?

The largest total compensation Virtua - West Jersey Health System reported for one person in calendar year 2024 was $3,320,959, for the role of PRESIDENT/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Virtua - West Jersey Health System get its money?

Of $1.23 billion in revenue in calendar year 2024, 0.0% came from contributions and grants (including 0.0% from government grants) and 91.7% from program service revenue (Form 990, Part VIII).

Is Virtua - West Jersey Health System a registered charity?

The IRS lists EIN 21-0634532 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 202523219349322932 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202413189349305156 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202343179349309539 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202233189349316963 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202133169349302398 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202013159349305451 · read the filing

All filings for EIN 21-0634532: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.