Public Charity

SOMERSET HEALTH CARE FOUNDATION INC

SOMERSET HEALTH CARE FOUNDATION INC is a Public Charity headquartered in OCEANPORT, NJ. Financial data from the 2024 filing: $4.1M revenue, $2.7M expenses, $6.4M total assets. 24 publicly reported grants to this organization, totaling roughly $1.3M, appear in IRS filings.

EIN: 223294408 OCEANPORT, NJ Latest filing: 2024
Total Revenue$4.1M
Total Expenses$2.7M
Total Assets$6.4M
Grant Records24
Funding Total$1.3M
Filing Years2019–2024

Mission

TO SUPPORT THE CHARITABLE TAX-EXEMPT PURPOSES, PROGRAMS AND SERVICES OF ROBERT WOOD JOHNSON UNIVERSITY HOSPITAL (SOMERSET CAMPUS); A RELATED INTERNAL REVENUE CODE SECTION 501(C)(3) TAX-EXEMPT ORGANIZATION, WHICH 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.

Where $100 goes at Somerset Health Care Foundation Inc

How Somerset Health Care Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$70 Programs the work itself
$22 Management running the organization
$8 Fundraising raising the next dollar

Inside the $70 for programs

$70
Expenses incurred in support the charitable tax-exempt purposes, programs and services of robert wood johnson university hospital (somerset campus); a related internal revenue code section 501(c)(3) tax-exempt organization…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TREASURER-TRUSTEE(TERMED 9/24) Daria M Placitella
VP DEVELOPMENT Donna Castronovo
TRUSTEE Ellen Nardoni
TRUSTEE Erika Tooman Esq
TRUSTEE Gary Shangold Md
RWJBH CHIEF DEV. OFFICER Glenn Miller

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$812,721 18 grants
Health & Medicine
$431,835 3 grants
Food Assistance & Nutrition
$59,850 1 grant
Fundraising & Sponsorship
$9,833 1 grant
Unspecified
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $4.1M $2.7M $6.4M
2023 $4.2M $7.7M $4.9M
2022 $3.0M $4.1M $8.9M
2020 $2.0M $4.1M $10.7M
2019 $4.0M $3.0M $11.9M

Between 2019 and 2024, reported annual revenue grew from $4.0M to $4.1M (+3%), with total assets most recently reported at $6.4M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for SOMERSET HEALTH CARE FOUNDATION INC

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