Virtua Our Lady of Lourdes Hospitalinc
Also known as Virtua Our Lady of Lourdes Hospital
Virtua Our Lady of Lourdes Hospitalinc reported $558.1 million in revenue and $550.8 million in expenses for calendar year 2024. Of every $100 it spent, $87.88 went to program services, $12.12 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: 98.7% of the total. The highest compensation it reported for one person was $3,320,959 (PRESIDENT/CEO). 467 people received more than $100,000 in reportable compensation. Revenue rose 54% between 2020 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $551MFor 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 $558MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 87.9% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 12.1% | 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 | 0.5% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.4% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 98.7% | 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) | 0.60% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 467 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 4.2 | 6.6 |
| Independent voting board members Part VI 1a–1b | 1 of 6 | 88.9% |
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 expenseUnreimbursed 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 service provided by approximately $43.3 million, as estimated by management. Services are provided on both an inpatient and outpatient basis, including through emergency departments and clinics
Medical education - Virtua Our Lady of Lourdes hospital is one of the region's leading healthcare providers, recognized nationally for excellence in clinical care and service to the community. Our intern and resident education programs help develop and train leaders in medicine. Virtua's residency programs (obstetrics and gynecology, family medicine, pharmacy, and podiatry) and fellowship (cardiology) are dedicated to provide rewarding experiences
Charity care - under the guidance of its community based board of trustees and the support of the physicians on its open medical staff, Virtua Our Lady of Lourdes hospital provides medically necessary services to individuals irrespective of their ability to pay. Programs are in place to identify and provide financial assistance to those in need. Some patients will qualify for charity care assistance under state of new jersey defined eligibility criteria. Virtua Our Lady of Lourdes hospital augments the state's program with its own assistance program for which the criteria is less restrictive…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT/CEO Former, 0.00 hrs/week | $0 | $3,255,726 | $65,233 | $3,320,959 |
| TRUSTEE - VP CLINICAL OPERATIONS Director/trustee, 0.10 hrs/week | $0 | $1,727,196 | $70,092 | $1,797,288 |
| EVP/COO Former, 0.00 hrs/week | $0 | $1,702,837 | $51,558 | $1,754,395 |
| EVP/CFO Former, 0.00 hrs/week | $0 | $1,359,141 | $47,568 | $1,406,709 |
| TRUSTEE - EVP/CCO Director/trustee, 0.10 hrs/week | $0 | $1,170,592 | $57,115 | $1,227,707 |
| SECRETARY - SVP & CHIEF LEGAL OFFICER Former, 0.00 hrs/week | $0 | $950,446 | $49,835 | $1,000,281 |
| TRUSTEE - LEAD PHYSICIAN Director/trustee, 0.10 hrs/week | $0 | $634,495 | $65,895 | $700,390 |
| TRUSTEE - SVP & COO - VOORHEES & MARLTON HOSPITAL Director/trustee, 3.80 hrs/week | $49,114 | $555,409 | $56,047 | $660,570 |
467 people received more than $100,000 in reportable compensation from Virtua Our Lady of Lourdes Hospitalinc (Part VII, line 2). Compensation of current officers, directors and key employees totaled $831K (Part IX, line 5).
5 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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–1b6 · 1 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 14bNo
- Employees Part I, line 52,524
- Volunteers Part I, line 631
Correct a figure or respond
Every number above is copied from Virtua Our Lady of Lourdes Hospitalinc'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 Our Lady of Lourdes Hospitalinc, you can publish a response that is linked from this page.
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Of every $100 Virtua Our Lady of Lourdes Hospitalinc spent in 2024, $87.88 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- St Anthony's HospitalSt Petersburg, FL · revenue $558M · programs 86.5% · 2024
- Cook Children's Physician NetworkFort Worth, TX · revenue $558M · programs 90.7% · FY2025
- Orlando Health CentralOcoee, FL · revenue $557M · programs 98.6% · FY2025
- Florida Hospital OcalaOcala, FL · revenue $559M · programs 93.0% · 2024
- St Mary's Hospital & Medical CenterGrand Junction, CO · revenue $556M · programs 84.9% · 2024
Questions people ask
How much of Virtua Our Lady of Lourdes Hospitalinc's spending goes to programs?
In calendar year 2024, Virtua Our Lady of Lourdes Hospitalinc reported that 87.9% of its $550.8 million in expenses went to program services, 12.1% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Virtua Our Lady of Lourdes Hospitalinc pay its top executive?
The largest total compensation Virtua Our Lady of Lourdes Hospitalinc 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 Our Lady of Lourdes Hospitalinc get its money?
Of $558.1 million in revenue in calendar year 2024, 0.5% came from contributions and grants (including 0.4% from government grants) and 98.7% from program service revenue (Form 990, Part VIII).
Is Virtua Our Lady of Lourdes Hospitalinc a registered charity?
The IRS lists EIN 21-0635001 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 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 202533219349324388 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202403189349306015 · read the filing
- 2022: Form 990 for calendar year 2022, object 202323179349309782 · read the filing
- 2021: Form 990 for calendar year 2021 (amended), object 202302699349300025 · read the filing
- 2020: Form 990 for calendar year 2020, object 202103169349305265 · read the filing
All filings for EIN 21-0635001: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.