Overview
What is Saint Barnabas Health Care System Foundation?
The Saint Barnabas Health Care System Foundation is a charitable organization based in Oceanport, New Jersey. Its primary mission is to support the philanthropic initiatives of RWJBarnabas Health, a tax-exempt healthcare delivery system. This system offers essential medical services to individuals, regardless of race, color, creed, sex, national origin, or ability to pay, ensuring equal access to care. Saint Barnabas Health Care System Foundation's role is crucial in funding the charitable purposes, programs, and services of RWJBarnabas Health, which includes providing medically necessary healthcare services in a non-discriminatory manner.
Official website here: www.rwjbh.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 95%
Saint Barnabas Health Care System Foundation has received a commendable Four-Star out of Four Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The rating is based entirely on the foundation's adherence to financial best practices, achieving a remarkable score of 95 in this area. This indicates a high level of financial health and transparency, which is essential for donor trust.
The organization showcases significant strengths, notably a high program expense ratio of 97.29%, meaning that a substantial portion of its funds is directed towards its programs rather than administrative costs. Additionally, the foundation has implemented robust policies regarding conflict of interest, whistleblower protection, and document retention, contributing to its positive accountability score. The absence of material diversion of assets and loans to officers further enhances its financial integrity.
However, while the rating highlights strong financial practices, it is worth noting that this evaluation focuses solely on accountability and finance, without assessing other operational aspects such as program impact or community engagement. Potential donors may want to consider this factor when evaluating the foundation's overall effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Saint Barnabas Health Care System Foundation legitimate?
Saint Barnabas Health Care System Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Saint Barnabas Health Care System Foundation 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.rwjbh.org
What is the mission statement of Saint Barnabas Health Care System Foundation?
The Saint Barnabas Health Care System Foundation is dedicated to supporting the charitable objectives, programs, and services of RWJBarnabas Health, a tax-exempt integrated healthcare delivery system. This organization is committed to providing medically necessary healthcare services to all individuals, disregarding factors such as race, color, creed, sex, national origin, or ability to pay. The foundation's efforts focus on advancing the charitable causes and initiatives of RWJBarnabas Health, ensuring equitable access to essential healthcare services for everyone. Through its support, the healthcare system can continue to make a difference in people's lives, offering them the opportunity to receive the care they need, regardless of their background or financial situation.
Official website here: www.rwjbh.org
Who is the CEO of Saint Barnabas Health Care System Foundation?
Mark E Manigan is the Principal Officer of Saint Barnabas Health Care System Foundation. The CEO's salary of Saint Barnabas Health Care System Foundation is $0 and their total compensation is $8,821,142.
Official website here: www.rwjbh.org
What is the revenue of Saint Barnabas Health Care System Foundation?
Saint Barnabas Health Care System Foundation's revenue in 2022 was $22,043,206.
Official website here: www.rwjbh.org
Who are the executives of Saint Barnabas Health Care System Foundation and what are their salaries?
Here are 4 key members and their salaries (Saint Barnabas Health Care System Foundation's CEO's salary is $0 and their total compensation is $8,821,142):
- Compensation: $0
- Related: $7,241,650
- Other: $1,579,492
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.rwjbh.org
Where can I find the form 990 for Saint Barnabas Health Care System Foundation?
Saint Barnabas Health Care System Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rwjbh.org
Learn more at the official website: www.rwjbh.org
Mission Statement of Saint Barnabas Health Care System Foundation
Saint Barnabas Health Care System Foundation is a charitable organization dedicated to supporting the noble purposes, programs, and services of RWJBarnabas Health. This tax-exempt healthcare delivery system is integral to the community, offering medically necessary healthcare to individuals in a non-discriminatory manner, regardless of race, color, creed, sex, national origin, or ability to pay.
The mission of Saint Barnabas Health Care System Foundation is twofold. First and foremost, it is committed to advancing the charitable causes of RWJBarnabas Health. This esteemed organization provides essential healthcare services to all, ensuring equitable access to quality care for everyone in need. By supporting its various initiatives, the Foundation plays a vital role in enhancing the health and wellbeing of countless individuals.
Second, the Foundation's mission extends to the financial aspect of RWJBarnabas Health's operations. It covers the expenses incurred in carrying out the charitable purposes, programs, and services of the healthcare delivery system. In doing so, it enables the organization to continue its mission of providing lifesaving and life-enhancing care to those who need it most. The Foundation's unwavering commitment to supporting RWJBarnabas Health allows it to make a significant impact on the lives of countless individuals, ensuring that they receive the best possible care, regardless of their financial situation.
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Impact
October, 2024
Saint Barnabas Health Care System Foundation significantly impacts community health by supporting the charitable activities of RWJBarnabas Health, an integrated healthcare delivery system. By facilitating necessary funds, the foundation ensures that medically necessary healthcare services are accessible to all individuals, regardless of their race, color, creed, sex, national origin, or ability to pay.
This commitment to non-discriminatory care not only enhances the overall health outcomes of diverse populations but also fosters an inclusive environment where everyone has the opportunity to receive essential medical services. Through its support for a range of programs and services, the foundation plays a vital role in addressing healthcare disparities and improving the quality of life for residents in Oceanport, NJ, and beyond.
This information is meant to be a general summary of Saint Barnabas Health Care System Foundation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $35,136
- Program Service Revenue: $194,099
- Gross Receipts: $22,071,823
Assets and Liabilities:
- Total Assets: $127,227,071
- Total Liabilities: $20,791,071
- Net Assets: $106,436,000
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER PROGRAM RELATED REVENUE
Revenue
$194,099
Organization Details
Founding Year
2000
Phone
(973) 322-4032Principal Officer
Mark E Manigan
Main Address
C/O CORP FINANCE 2 CRESCENT PLACE, OCEANPORT, NJ, 07757
Website
www.rwjbh.orgNTEE Category
Code: E123 - Health
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