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Holy Redeemer Health System

Also known as Redeemer Health

Huntingdon Valley, PA · EIN 23-1534300 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Holy Redeemer Health System reported $401.8 million in revenue and $390.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $62.85 went to program services, $36.82 to management and general costs and $0.33 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 91.3% of the total. The highest compensation it reported for one person was $866,655 (ASST TREASURER (UNTIL 12/24)). 18 people received more than $100,000 in reportable compensation. Revenue rose 23% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $390M

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

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $402M

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

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
62.9%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
36.8%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.3%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.04$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
8.1%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
91.3%93.7%
Highest reported compensation
Part VII-A, columns D–F
$866,655$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.22%1.34%
People paid over $100,000
Part VII, line 2
1827
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
6.76.6
Independent voting board members
Part VI 1a–1b
12 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

FY2025 · Form 990, Part III · the three largest programs by expense
$245M expenses · 100.0% of program spending · grants $572K · revenue $362M

Holy Redeemer hospital is a 239-bed general acute care hospital with a comprehensive roster of outpatient and ambulatory care services. The Redeemer Health compendium of services includes emergency care, and comprehensive inpatient and outpatient services (cardiology, oncology, orthopedics and rehab, spinal surgery, pulmonary medicine, imaging services, and a sleep disorders center). Our physicians are well known for their expertise and have earned the hospital an outstanding reputation for medical and surgical excellence. As a result of our physicians and staff's commitment to excellence…

— expenses

Lifecare -- our long term care facilities, Holy Redeemer lafayette and Holy Redeemer saint joseph manor, provides services to older adults at different levels of care. The lafayette is a wonderful option for adults who desire to maintain an independent lifestyle with the added assurance that medical, social and religious services are available. The facility offers 226 lovely private rental apartments set on a beautiful campus adjacent to the woods of pennypack park. 54 personal care units are also available, and the lafayette's 120-bed long term care facility provides a seamless transition if…

— expenses

Homecare -- the following services are provided: (1) specialized nursing care, (2) therapy, (3) lifeassess program, (4) heartassess program, (5) breathe easy program, and (6) telemonitoring.(1) specialized nursing care delivered by our highly-trained nursing staff with a compassionate approach.(2) therapy services by our specialized rehabilitation therapists who offer a variety of therapies to meet the unique needs of each patient.(3) lifeassess program, a comprehensive assessment, education, support and rehabilitation program that identifies and treats older adults who are at risk for four…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
ASST TREASURER (UNTIL 12/24)
Officer, 22.90 hrs/week
$479,933$357,209$29,513$866,655
BOARD MEMBER, PRESIDENT/CEO
Director/trustee, officer, 23.40 hrs/week
$432,890$322,194$43,023$798,107
EXECUTIVE VP
Highest compensated employee, 10.00 hrs/week
$131,301$393,903$36,844$562,048
PHYSICIAN
Highest compensated employee, 6.00 hrs/week
$72,473$410,679$49,345$532,497
& ASSISTANT SECRETARY (UNTIL 05/25)
Director/trustee, officer, 22.90 hrs/week
$252,106$187,639$78,027$517,772
SENIOR VP, CAO
Key employee, 40.00 hrs/week
$415,497$0$11,675$427,172
TREASURER/CFO (UNTIL 05/25)
Officer, 22.90 hrs/week
$209,151$155,669$31,777$396,597
SVP POPULATION HEALTH/EXEC DIR CCC
Highest compensated employee, 22.90 hrs/week
$181,641$135,193$50,143$366,977

18 people received more than $100,000 in reportable compensation from Holy Redeemer Health System (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.3M (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$200M$400M$600M$800MFY2020FY2021FY2022FY2023FY2024FY2025$402M$390M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$402M$390M62.9%$216M$866,655
FY2024 ⓘ$353M$389M83.2%$201M$751,961
FY2023 ⓘ$371M$384M80.2%$238M$732,261
FY2022 ⓘ$324M$329M80.4%$256M$816,147
FY2021 ⓘ$350M$325M82.9%$261M$805,996
FY2020 ⓘ$328M$316M83.7%$227M$819,430

Governance answers, as filed

FY2025 · 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 · 12 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 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 53,099
  • Volunteers Part I, line 6185

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
COOPER UNIVERSITY HOSPITAL
Physicians
$6,331,620
HEALTH NETWORK LABORATORIES LP
Laboratory services
$4,656,705
ADVANTAGE CARE REHABILIATION
Rehabiliation
$2,090,402
NATIONWIDE PARKING AND VALET
Parking services
$977,136
STRADELY RONON STEVENS YOUNG
Legal services
$931,054

Individuals listed as contractors are left out. 35 contractors were paid more than $100,000 in all.

Private foundation grants it received

5 private foundations reported grants to Holy Redeemer Health System totaling $19,616 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 Holy Redeemer 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 Holy Redeemer Health System, you can publish a response that is linked from this page.

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Questions people ask

How much of Holy Redeemer Health System's spending goes to programs?

In the fiscal year ending June 30, 2025, Holy Redeemer Health System reported that 62.9% of its $390.0 million in expenses went to program services, 36.8% to management and general and 0.3% to fundraising (Form 990, Part IX).

How much does Holy Redeemer Health System pay its top executive?

The largest total compensation Holy Redeemer Health System reported for one person in the fiscal year ending June 30, 2025 was $866,655, for the role of ASST TREASURER (UNTIL 12/24) (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Holy Redeemer Health System get its money?

Of $401.8 million in revenue in the fiscal year ending June 30, 2025, 8.1% came from contributions and grants (including 0.0% from government grants) and 91.3% from program service revenue (Form 990, Part VIII).

Is Holy Redeemer Health System a registered charity?

The IRS lists EIN 23-1534300 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

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621359349311357 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511359349304866 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441359349303704 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341329349301614 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241339349305264 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131359349302408 · read the filing

All filings for EIN 23-1534300: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.