NonprofitsShore Memorial Hospital

Health Care

Shore Memorial Hospital

SOMERS POINT, NJ

Total revenue

$267.7M

Total expenses

$225.7M

Net assets

$300.0M

Grants received

$1.4M

43 grants

EIN

210660835

Tax year

2024

Mission

To care for & respect all patients, their families & each other.

Programs

2 programs

Expenses incurred in providing medical necessary same day surgery services to all individuals in a non-discriminatory manner regardless of race, color, creed, sex, national origin or ability to pay. During 2024, the organization treated 3,660 same day surgery cases. Please refer to Schedule O for the organization's community benefit statement.

Expenses: $32.2M

Expenses incurred in providing medical necessary maternal and pediatric inpatient services to all individuals in a non-discriminatory manner regardless of race, color, creed, sex, national origin or ability to pay. During 2024, the organization had 1,924 discharges for a total of 5,083 patient days. Please refer to Schedule O for the organization's community benefit statement.

Expenses: $9.0M

Financials

FY 2024

Revenue

Contributions & grants$2.6M
Program service revenue$259.5M
Investment income$3.8M
Other revenue$1.8M
Total revenue$267.7M

Expenses

Grants paid$169K
Salaries & benefits$96.0M
Fundraising$792K
Other expenses$129.6M
Total expenses$225.7M
Total assets$370.1M
Net assets$300.0M

People

33 listed

NameRoleCompensation

Ronald W Johnson

Trustee - CEO (TERM 12/24)

Board

$2.0M

55 hrs/wk

David R Hughes

Trustee - Pres/CEO (EFF 12/24)

Board

$933K

55 hrs/wk

Jeanne M Rowe MD

Chief Medical Officer

Board

$809K

55 hrs/wk

Barbara Ridge

Trustee

Board

1 hrs/wk

Judith L Roman

Trustee

Board

1 hrs/wk

Mukesh Roy MD

Trustee

Board

1 hrs/wk

Angelo Sparagna III MD

Trustee

Board

1 hrs/wk

Carmine J Taglialatella JWC

Trustee

Board

1 hrs/wk

Richard L Traa

Trustee

Board

1 hrs/wk

David Beyel

Chair - Trustee

Board

1 hrs/wk

Edward Kuehnle

Vice Chair - Trustee

Board

1 hrs/wk

R Scott Halliday

SECRETARY/ASST TREAS - TRUSTEE

Board

1 hrs/wk

Ronald B Stablini CPA MBA

Treas/Asst Secretary - Trustee

Board

1 hrs/wk

Robert C Allen

Trustee

Board

1 hrs/wk

Michael Bray

Trustee

Board

1 hrs/wk

Robert J Bray DDS MS

Trustee

Board

1 hrs/wk

Auggie Cipollini

Trustee

Board

1 hrs/wk

Patricia Q Connolly

Trustee

Board

1 hrs/wk

John Dabek

Trustee

Board

1 hrs/wk

Ken Koreyva

Trustee

Board

1 hrs/wk

Francis Lamb CPA

Trustee

Board

1 hrs/wk

Christopher Lucasti DO

Trustee; Ex-Officio

Board

1 hrs/wk

Frederick L Banner

Chief Information Officer

Staff

$404K

55 hrs/wk

Daniel Jacoby MD

Hospitalist

Staff

$358K

55 hrs/wk

Stephen Capecci DO

Hospitalist

Staff

$310K

55 hrs/wk

Jill Shultz

CNO (EFF 2/24)

Staff

$263K

55 hrs/wk

Robert L Wood

Director of Finance

Staff

$255K

55 hrs/wk

Matthew Piskun

VP Amb & Surg Svcs. (Eff 5/24)

Staff

$247K

55 hrs/wk

Vince Azzarello

VP of Human Res. (Eff 1/2/24)

Staff

$232K

55 hrs/wk

Tihomir Gueorguiev

RN, Critical Care

Staff

$219K

55 hrs/wk

Robert Robertson

Admin Director Logistics

Staff

$217K

55 hrs/wk

Alan L Beatty

Former Key Employee

Staff

$191K

55 hrs/wk

HOLLY BADALI

CNO (TERM 2/24)

Staff

$149K

55 hrs/wk

Independent contractors

UNIDINE CORPORATION

FOOD MANAGEMENT

$4.5M

NEW JERSEY HEALTHCARE SPECIALISTS P

Medical

$4.0M

XANITOS INC

CLEANING

$4.0M

CERNER CORPORATION

IT

$3.2M

TRUSTEES OF THE UNIVERSITY OF PA

MEDICAL

$2.3M

Grants received

Showing 43 of 43

FromAmountPurposeYear
$90K
GENERAL PURPOSE
2024
$5K
GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE
2024
$100K
GENERAL PURPOSE
2023
$30K
Beneficiary of Trust
2023
$6K
HUMAN SERVICES
2023
$332K
Beneficiary of Trust
2022
$97K
GENERAL PURPOSE
2022
$94K
Beneficiary of Trust
2022
$10K
LIGHTKEEPERS SOCIETY
2022
$10K
GENERAL OPERATING/FLEXIBLE SUPPORT GRANT
2022
$5K
HEALTH, GENERAL
2022
$85K
GENERAL PURPOSE
2021
$34K
Corrective distribution issued on December 14, 2022 based on Treas. Reg. 53.4942(a)-3(b)(6)(ii)
2021
$10K
SUPPORT PROGRAM SERVICES
2021
$10K
COVID-19 SUPPORT/COMMUNITY VACCINATION
2021
$10K
SUPPORT PROGRAM SERVICES
2021
$6K
Beneficiary of Trust
2021
$6K
Beneficiary of Trust
2021
$85K
GENERAL PURPOSE
2020
$20K
COVID-19 RELIEF EFFORT
2020
$10K
Beneficiary of Trust
2020
$53K
GENERAL PURPOSE
2018
$6K
HEALTH & HUMAN SERVICES
2017

Funded by

$1.4M from 14 funders · 43 grants · 2017–2024

Arden Wolff Trust UW

$511K · 7 grants · 2020–2023

Craven Chr Tr

$509K · 6 grants · 2018–2024

Renee Parker Monihan Foundation Inc

$110K · 1 grant · 2023

Max & Helena Gurwicz Charitable Foundati

$90K · 5 grants · 2020–2024

Trustees Of The University Of Pennsylvania

$80K · 3 grants · 2021–2022

Donor Advised Charitable Giving Inc

$48K · 6 grants · 2017–2022

The Philadelphia Foundation

$20K · 1 grant · 2020

William J Healey Foundation Inc

$20K · 2 grants · 2020–2022

Details

EIN210660835
NTEE codeE220
Subsection03
Ruling date1942-08
Formed1942
Employees1461
Volunteers90
SHORE MEMORIAL HOSPITAL — Mission, Financials & Grants Received | Grantivo