Shore Memorial Health System

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222866326 ✦ Somers point, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Shore Memorial Health System?

Shore Memorial Health System is a tax-exempt, integrated healthcare delivery system headquartered in Somers Point, New Jersey. As a nonprofit organization, it upholds a commitment to providing medically necessary healthcare services to all individuals, irrespective of factors such as race, color, creed, sex, national origin, or their ability to pay. The system supports Shore Medical Center, a related entity that shares the same non-discriminatory mission. The organization's primary objective is to continually develop and operate this healthcare system, ensuring it serves the community's needs effectively.


Official website here: www.shoremedicalcenter.org

Is Shore Memorial Health System legitimate?

Shore Memorial Health System is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shore Memorial Health System submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.shoremedicalcenter.org

What is the mission statement of Shore Memorial Health System?

Shore Memorial Health System's mission is to perpetually advance and manage a tax-exempt integrated healthcare delivery system. In this role, it supports the charitable goals, programs, and services of Shore Memorial Health System and its affiliates, such as Shore Medical Center. The organization provides medically necessary healthcare services to all individuals, regardless of factors like race, color, creed, sex, national origin, or ability to pay. It is advisable to refer to the organization's community benefit statement, which can be found in Schedule O, for further details.


Official website here: www.shoremedicalcenter.org

Who is the CEO of Shore Memorial Health System?

Ronald W Johnson is the Trustee - President/Ceo of Shore Memorial Health System. The CEO's salary of Shore Memorial Health System is $0 and their total compensation is $1,339,620.


Official website here: www.shoremedicalcenter.org

What is the revenue of Shore Memorial Health System?

Shore Memorial Health System's revenue in 2022 was -$336,581.


Official website here: www.shoremedicalcenter.org

Who are the executives of Shore Memorial Health System and what are their salaries?

There 9 volunteers at Shore Memorial Health System.


Here are 11 key members and their salaries (Shore Memorial Health System's CEO's salary is $0 and their total compensation is $1,339,620):


Ronald W Johnson (Trustee - President/Ceo)
  • Compensation: $0
  • Related: $1,259,378
  • Other: $80,242
David R Hughes (Cfo/Cdo)
  • Compensation: $0
  • Related: $606,867
  • Other: $91,732
Robert J Bray Dds Ms (Chair - Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carmine J Taglialatella Jwc (Vice Chair - Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Tzaferos Pharmd (Secretary/Asst Treas - Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Beyel (Treasurer/Asst Sec - Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Bray (Trustee; Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald J Corcoran Esq (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fernando Delasotta Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Gillian (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard L Traa (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.shoremedicalcenter.org

Where can I find the form 990 for Shore Memorial Health System?

Shore Memorial Health System's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.shoremedicalcenter.org

Learn more at the official website: www.shoremedicalcenter.org

Mission Statement of Shore Memorial Health System

Shore Memorial Health System, as the parent corporation, is committed to continually developing and operating an integrated healthcare delivery system. This organization supports the charitable purposes, programs, and services of Shore Memorial Health System and its affiliates, such as Shore Medical Center. The mission of Shore Memorial Health System is to provide medically necessary healthcare services to all individuals in a non-discriminatory manner, regardless of factors like race, color, creed, sex, national origin, or ability to pay. This mission is carried out with the goal of improving community health and well-being. It's essential to note that the organization adheres to its community benefit statement, as outlined in Schedule O, which outlines its commitment to serving its community.

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Impact




October, 2024

Shore Memorial Health System plays a crucial role in enhancing healthcare access and quality in the Somers Point, NJ area. By operating an integrated healthcare delivery system, it ensures that medically necessary services are available to all individuals, emphasizing non-discriminatory care irrespective of race, color, creed, sex, national origin, or ability to pay.

The organization supports not only Shore Medical Center but also various affiliated programs and services, contributing significantly to the broader community's health and well-being. This commitment to providing equitable healthcare results in an inclusive environment where everyone can receive necessary medical attention without barriers.

Through its community benefit initiatives, Shore Memorial continually invests in the health of the population it serves, affirming its role as a foundational pillar of local healthcare while striving to address the diverse needs of its community.




This information is meant to be a general summary of Shore Memorial Health System. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
-$336,581 (2022)
Expenses
$585,812 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$17,564
  • Program Service Revenue: -$354,175

Assets and Liabilities:

  • Total Assets: $153,075
  • Total Liabilities: $5,796,142
  • Net Assets: -$5,643,067

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

HEALTHCARE RELATED REVENUE

Revenue

-$354,175

Organization Details

Founding Year

1987

Principal Officer

Ronald W Johnson

Main Address

100 MEDICAL CENTER WAY, SOMERS POINT, NJ, 082442387

NTEE Category

Code: E20 - Health

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