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Rwj Barnabas Health Inc. - Subordinates

Oceanport, NJ · EIN 85-1296795 · 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

Rwj Barnabas Health Inc. - Subordinates reported $7.78 billion in revenue and $7.33 billion in expenses for calendar year 2024. Of every $100 it spent, $90.01 went to program services, $9.99 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: 97.2% of the total. The highest compensation it reported for one person was $13,421,339 (TRST-CMMC/JCMC-RWJBH EVP). 8,795 people received more than $100,000 in reportable compensation. Revenue rose 46% between 2020 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $7.33B

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 $7.78B

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
2.3%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
1.7%0.1%
Program service revenue share
Part VIII 2g ÷ 12
97.2%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)
0.18%1.34%
People paid over $100,000
Part VII, line 2
8,79527
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
8.16.6
Independent voting board members
Part VI 1a–1b
203 of 24288.9%

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
$6.60B expenses · 100.0% of program spending · grants $8.5M · revenue $7.58B

Expenses incurred in providing inpatient, outpatient, emergency and various other medically necessary healthcare services to all individuals in a non-discriminatory manner regardless of race, color, creed, sex, national origin or ability to pay and in furtherance of charitable tax-exempt purposes. Please refer to the community benefit statement in schedule o

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
TRST-CMMC/JCMC-RWJBH EVP
Director/trustee, 55.0 hrs/week
$0$12,465,942$955,397$13,421,339
Trst - CBMC-rwjbh pres./ceo
Director/trustee, 55.0 hrs/week
$0$7,116,365$1,748,246$8,864,611
trst-trmc; frmr pres/ceo trmc
Director/trustee, 55.0 hrs/week
$0$4,274,382$13,800$4,288,182
TRST-CMC/RWJUH - PRES SO DIV
Director/trustee, officer, 55.0 hrs/week
$0$2,763,330$645,721$3,409,051
General Surgeon - JCMC
Highest compensated employee, 55.0 hrs/week
$1,299,398$1,336,058$36,026$2,671,482
Trustee - President/CEO - JCMC
Director/trustee, officer, 55.0 hrs/week
$0$1,957,050$343,419$2,300,469
President/CEO - CBMC
Officer, 55.0 hrs/week
$0$1,923,597$292,821$2,216,418
President/CEO - NBIMC
Officer, 55.0 hrs/week
$0$1,813,751$280,709$2,094,460

8,795 people received more than $100,000 in reportable compensation from Rwj Barnabas Health Inc. - Subordinates (Part VII, line 2). Compensation of current officers, directors and key employees totaled $23M (Part IX, line 5).

5 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$2.00B$4.00B$6.00B$8.00B20202021202220232024$7.78B$7.33B
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$7.78B$7.33B90.0%$4.97B$13,421,339
2023 ⓘ$7.07B$7.17B90.0%$4.24B$3,791,398
2022 ⓘ$6.41B$6.61B90.0%$3.97B$8,821,142
2021 (amended) ⓘ$5.81B$5.77B90.0%$3.76B$17,343,442
2020 ⓘ$5.33B$5.22B90.0%$3.60B$6,304,170

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–1b242 · 203 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 26Yes
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 539,974
  • Volunteers Part I, line 62,861

Private foundation grants it received

5 private foundations reported grants to Rwj Barnabas Health Inc. - Subordinates totaling $11,621 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 Rwj Barnabas Health Inc. - Subordinates's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Rwj Barnabas Health Inc. - Subordinates, you can publish a response that is linked from this page.

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Questions people ask

How much of Rwj Barnabas Health Inc. - Subordinates's spending goes to programs?

In calendar year 2024, Rwj Barnabas Health Inc. - Subordinates reported that 90.0% of its $7.33 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 Rwj Barnabas Health Inc. - Subordinates pay its top executive?

The largest total compensation Rwj Barnabas Health Inc. - Subordinates reported for one person in calendar year 2024 was $13,421,339, for the role of TRST-CMMC/JCMC-RWJBH EVP (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Rwj Barnabas Health Inc. - Subordinates get its money?

Of $7.78 billion in revenue in calendar year 2024, 2.3% came from contributions and grants (including 1.7% from government grants) and 97.2% from program service revenue (Form 990, Part VIII).

Is Rwj Barnabas Health Inc. - Subordinates a registered charity?

The IRS lists EIN 85-1296795 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 202523189349309702 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202423199349317987 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202313199349314966 · read the filing
  • 2021: Form 990 for calendar year 2021 (amended), object 202303199349308685 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202133199349307168 · read the filing

All filings for EIN 85-1296795: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.