Salem County Hospital Corp
- Assets
- $37.0m
- Revenue
- $50.2m
- Investments
- $0.0
- Employees
- 514
- Location
- Salem, NJ
- Founding
- 11/2018
- Data as of
- 12/2021
- EIN
- 82-4971362
Organization Overview
Salem County Hospital Corp, operating under the name Salem Medical Center, is located in Salem, NJ. The organization was established in 2018. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2021, Salem Medical Center employed 514 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salem Medical Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Salem Medical Center generated $50.2m in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $64.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO DELIVER HIGH QUALITY, COMPASSIONATE HEALTHCARE TO GREATER SALEM COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES INCURRED IN PROVIDING INPATIENT, OUTPATIENT AND EMERGENCY MEDICALLY NECESSARY SERVICES TO ALL INDIVIDUALS IN A NON-DISCRIMINATORY MANNER REGARDLESS OF RACE, COLOR, CREED, SEX, NATIONAL ORIGIN, SEXUAL ORIENTATION OR ABILITY TO PAY. PLEASE REFER TO SCHEDULE O FOR THE ORGANIZATION'S COMMUNITY BENEFIT STATEMENT (STATEMENT OF PROGRAM SERVICES) WHICH INCLUDES DETAILED INFORMATION REGARDING THE VARIOUS SERVICES PROVIDED BY THIS ORGANIZATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bradford Bobrin MD Psych Medical Director | 55 | $280,159 | |
Ekene Ejimofor Dnp RN Chief Nursing Officer | Officer | 55 | $170,622 |
Justine C Murphy Bsha RN Avp Clinical Operations | 55 | $148,876 | |
Dodi K Baldwin RN Registered Nurse | 55 | $144,088 | |
David G Marini Pharmacist | 55 | $142,082 | |
Patricia M Palmieri Avp, Director Of Pharmacy | 55 | $140,441 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Metro Real Estate Development Construction | 12/30/21 | $3,350,210 |
Edge Business Allianz Llc Hr/accounting/it | 12/30/21 | $776,413 |
N American Partners In Anethesia O Medical | 12/30/21 | $622,329 |
Sierra Health Group Llc Billing/rev Cycle | 12/30/21 | $3,277,188 |
Morrison Healthcare Food/dietary | 12/30/21 | $1,195,662 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,520,289 |
| All other contributions, gifts, grants, and similar amounts not included above | $150 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,520,439 |
| Total Program Service Revenue | $44,575,877 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $109,429 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $50,205,745 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $179,824 |
| Compensation of current officers, directors, key employees. | $7,732 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $18,891,479 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,398,650 |
| Payroll taxes | $1,859,595 |
| Fees for services: Management | $715,000 |
| Fees for services: Legal | $388,304 |
| Fees for services: Accounting | $225,362 |
| Fees for services: Lobbying | $6,332 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,206,007 |
| Advertising and promotion | $229,839 |
| Office expenses | $799,734 |
| Information technology | $2,119,859 |
| Royalties | $0 |
| Occupancy | $5,629,529 |
| Travel | $3,887 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $50,787 |
| Interest | $896,917 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,072,323 |
| Insurance | $705,621 |
| All other expenses | $972,269 |
| Total functional expenses | $64,053,780 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $992,926 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,849,770 |
| Accounts receivable, net | $5,370,824 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,861,979 |
| Prepaid expenses and deferred charges | $806,294 |
| Net Land, buildings, and equipment | $12,551,903 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $651,386 |
| Other assets | $12,887,880 |
| Total assets | $36,972,962 |
| Accounts payable and accrued expenses | $23,538,966 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $28,203,242 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,489,399 |
| Total liabilities | $57,231,607 |
| Net assets without donor restrictions | -$20,258,645 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $36,972,962 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kennedy Medical Group Practice Pc Philadelphia, PA | $26,969,347 | $86,553,116 |
The Winifred Masterson Burke Rehabilitation Hospital White Plains, NY | $156,280,492 | $126,645,002 |
Cayuga Medical Associates Pc Ithaca, NY | $9,424,563 | $97,237,418 |
Medical Care Of Queens Pc Westbury, NY | $21,678,110 | $91,754,608 |
South Nassau Communites Hospital Oceanside, NY | $45,244,502 | $90,458,185 |
University Associates In Obstetrics & Gynecology P C Stony Brook, NY | $4,022,809 | $92,008,924 |
Lansdale Hospital Corporation Philadelphia, PA | $118,782,956 | $101,956,117 |
Westchester Health Medical Pc Westbury, NY | $26,909,482 | $67,514,001 |
Montefiore Mount Vernon Hospital Mount Vernon, NY | $45,245,660 | $78,648,978 |
Mountain View Cancer Associates Inc Pittsburgh, PA | $24,272,859 | $68,382,777 |
Geisinger-Bloomsburg Hospital Danville, PA | $68,573,101 | $69,719,008 |
Salem County Hospital Corp Salem, NJ | $36,972,962 | $50,205,745 |