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Rwjbh Corporate Services

Oceanport, NJ · EIN 22-2405279 · 501(c)(3) · Supporting organization (509(a)(3))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Rwjbh Corporate Services reported $2.18 billion in revenue and $1.72 billion in expenses for calendar year 2024. Of every $100 it spent, $90.00 went to program services, $10.00 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: 80.9% of the total. The highest compensation it reported for one person was $13,421,339 (EVP, PRESIDENT NW REGION). 1,544 people received more than $100,000 in reportable compensation. Revenue rose 122% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $1.72B

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 $2.18B

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)
90.0%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
10.0%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
0.6%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.6%0.1%
Program service revenue share
Part VIII 2g ÷ 12
80.9%93.7%
Highest reported compensation
Part VII-A, columns D–F
$13,421,339$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.78%1.34%
People paid over $100,000
Part VII, line 2
1,54427
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
7.56.6
Independent voting board members
Part VI 1a–1b
1 of 388.9%

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
$1.12B expenses · 72.4% of program spending · revenue $1.29B

Expenses incurred in supporting rwjbarnabas health; a tax-exempt integrated healthcare delivery system by providing integral Corporate Services. Rwjbarnabas health provides medically necessary healthcare services to all individuals in a non-discriminatory manner regardless of race, color, creed, sex, national origin or ability to pay

$402M expenses · 25.9% of program spending · revenue $446M

Expenses incurred for all covered rwjbarnabas health employees relating to rwjbarnabas health's self-insured health plan, including medical claims and prescriptions

$25M expenses · 1.6% of program spending · revenue $36M

Expenses incurred in operating rwjbh accountable care, llc, an accountable care organization whose sole member is Rwjbh Corporate Services, inc

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
EVP, PRESIDENT NW REGION
Key employee, 55.0 hrs/week
$12,465,942$0$955,397$13,421,339
TRUSTEE - PRESIDENT/CEO
Director/trustee, officer, 60.0 hrs/week
$7,116,365$0$1,748,246$8,864,611
SR. EVP, CHIEF OPERATING OFF.
Officer, 60.0 hrs/week
$5,850,311$0$1,228,202$7,078,513
FORMER TOP 5 HIGHEST EE
Former, 0.0 hrs/week
$4,274,382$0$13,800$4,288,182
EVP, CMO & Comm.(Term 9/30)
Key employee, 55.0 hrs/week
$3,525,747$0$255,781$3,781,528
EVP, PRESIDENT SOUTHERN REGION
Key employee, 55.0 hrs/week
$2,763,330$0$645,721$3,409,051
EVP, CHIEF FINANCIAL OFFICER
Officer, 60.0 hrs/week
$2,145,065$0$524,385$2,669,450
EVP, CHIEF MED & QUALITY OFF.
Key employee, 55.0 hrs/week
$1,989,193$0$444,894$2,434,087

1,544 people received more than $100,000 in reportable compensation from Rwjbh Corporate Services (Part VII, line 2). Compensation of current officers, directors and key employees totaled $65M (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$1.00B$2.00B$3.00B$4.00B201920202021202220232024$2.18B$1.72B
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$2.18B$1.72B90.0%$1.08B$13,421,339
2023 ⓘ$1.71B$1.53B90.0%$694M$7,456,506
2022 ⓘ$1.39B$1.26B90.0%$642M$8,821,142
2021 ⓘ$1.42B$1.02B90.1%$1.61B$17,343,442
2020 ⓘ$1.17B$914M90.0%$1.51B$6,304,170
2019 ⓘ$982M$780M90.0%$718M$5,462,183

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–1b3 · 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 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • 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 4Yes
  • 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 54,766

Correct a figure or respond

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

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Questions people ask

How much of Rwjbh Corporate Services's spending goes to programs?

In calendar year 2024, Rwjbh Corporate Services reported that 90.0% of its $1.72 billion in expenses went to program services, 10.0% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Rwjbh Corporate Services pay its top executive?

The largest total compensation Rwjbh Corporate Services reported for one person in calendar year 2024 was $13,421,339, for the role of EVP, PRESIDENT NW REGION (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Rwjbh Corporate Services get its money?

Of $2.18 billion in revenue in calendar year 2024, 0.6% came from contributions and grants (including 0.6% from government grants) and 80.9% from program service revenue (Form 990, Part VIII).

Is Rwjbh Corporate Services a registered charity?

The IRS lists EIN 22-2405279 as a 501(c)(3) organization (supporting organization (509(a)(3))), 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 202523189349309232 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202403199349317920 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202333199349320683 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202213199349307296 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202133169349303023 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202043109349300849 · read the filing

All filings for EIN 22-2405279: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.