THE COOPER HEALTH SYSTEM A NEW JERSEY NON-PROFIT CORPORATION Charity Report

Public IRS 990 nonprofit record

THE COOPER HEALTH SYSTEM A NEW JERSEY NON-PROFIT CORPORATION

EIN 21-0634462 · General Hospitals (E22)

What they do

SEE SCHEDULE OCOOPER HEALTH SYSTEM is AN INTEGRATED HEALTH CARE DELIVERY SYSTEM SERVING THE SOUTHERN NEW JERSEY REGION. COOPER HEALTH SYSTEMS MISSION is to SERVE, to HEAL, and to EDUCATE. COOPER ACCOMPLISHES ITS MISSION THROUGH INNOVATIVE and EFFECTIVE SYSTEMS to CARE, and BY BRINGING PEOPLE and RESOURCES TOGETHER, CREATING VALUE for OUR PATIENTS and THE COMMUNITY. COOPERS VISION is to BE THE PREMIER HEALTH CARE PROVIDER IN THE REGION, DRIVEN BY ITS EXCEPTIONAL PEOPLE DELIVERING A WORLD CLASS PATIENT EXPERIENCE, ONE PATIENT AT A TIME, and THROUGH ITS COMMITMENT to EDUCATING THE PROVIDERS of THE FUTURE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $85.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders42 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

78.48%of revenue went to mission work85.9% of expenses · Program services

$91.32spent for every $100 of revenueRevenue covered expenses this year.

12.84%of revenue went to management and office costs14.1% of expenses

$1.18in assets for every $1 spent this yearSome assets cannot be spent right away.

2.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $3,398,140 for KEVIN ODOWD JD (CO-PRESIDENT/CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$2,550,029,191

Mission workProgram services$2,001,194,39578.48% of revenue85.9% of expenses

ManagementOffice and general costs$327,541,98512.84% of revenue14.1% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$221,292,8118.68% of revenueShown in gray on the chart

Total expenses$2,328,736,38091.32% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 85.9% mission · 14.1% management · 0.0% fundraisingTotal expenses: 91.32% of revenue

2023Expense mix: 86.5% mission · 13.5% management · 0.0% fundraisingTotal expenses: 89.35% of revenue

2022Expense mix: 84.7% mission · 15.3% management · 0.0% fundraisingTotal expenses: 90.53% of revenue

2021Expense mix: 80.3% mission · 19.7% management · 0.0% fundraisingTotal expenses: 88.91% of revenue

2020Expense mix: 81.2% mission · 18.8% management · 0.0% fundraisingTotal expenses: 95.95% of revenue

2019Expense mix: 85.6% mission · 14.4% management · 0.0% fundraisingTotal expenses: 95.30% of revenue

2018Expense mix: 87.7% mission · 12.3% management · 0.0% fundraisingTotal expenses: 95.54% of revenue

2017Expense mix: 87.0% mission · 13.0% management · 0.0% fundraisingTotal expenses: 98.31% of revenue

Money in and money out

Revenue$2,550,029,191

Expenses$2,328,736,380

Annual surplus $221,292,811 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,001,194,395 · 85.9% of expenses

Management and office costs$327,541,985 · 14.1% of expenses

See all reported dollar amounts

Revenue$2,550,029,191

Expenses$2,328,736,380

Assets$2,736,559,069

Income$3,038,320,816

Contributions$74,936,248

Mission work (program services)$2,001,194,395

Grants given$5,989,065

Average grant$73,939

Management and general$327,541,985

Executive compensation (total)$12,435,793

Stocks and bonds$541,810,571

Accounting fees$524,311

Investing fees$519,922

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

KEVIN ODOWD JDCO-PRESIDENT/CEO · 50 hrs/week $3,398,140Base $3,143,641 · Other $254,499

ANTHONY MAZZARELLI MDJDMBECO-PRESIDENT/CEO · 50 hrs/week $3,297,579Base $3,043,351 · Other $254,228

DANIEL TONETTI MDDIRECTOR CV NEUROSURGERY · 55 hrs/week $2,027,799Base $1,982,197 · Other $45,602

MICHAEL ROSENBLOOM MDDIRECTOR COOPER HEART INSTITUTE · 55 hrs/week $1,861,762Base $1,812,120 · Other $49,642

BRIAN REILLYCHIEF FINANCIAL OFFICER · 53 hrs/week $1,835,235Base $1,668,456 · Other $166,779

ADAM ELFANT MDDIVISION HEAD, GASTROENTEROLOGY · 55 hrs/week $1,656,482Base $1,603,937 · Other $52,545

FRANK W BOWEN III MDDIRECTOR, THORACIC SURGICAL ONCO · 55 hrs/week $1,551,772Base $1,481,701 · Other $70,071

ERIC KUPERSMITH MDSVP, CHIEF PHYS. EXEC HOSPITALIST · 55 hrs/week $1,516,973Base $1,342,066 · Other $174,907

MICHAEL SABIA MDDIVISION HEAD, PAIN MANAGEMENT · 55 hrs/week $1,349,979Base $1,304,377 · Other $45,602

GENEROSA GRANA MDTRUSTEE/DIR ANDERSON CANCER CENTR · 52 hrs/week $1,208,160Base $1,175,845 · Other $32,315

SEAN MURPHYSR EVP/GENERAL COUNSEL/BD.SEC · 55 hrs/week $956,035Base $895,677 · Other $60,358

ROLAND SCHWARTING MDTRUSTEE/CHIEF, PATHOLOGY · 52 hrs/week $933,740Base $911,999 · Other $21,741

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (42)

KEVIN ODOWD JDCO-PRESIDENT/CEO

ANTHONY MAZZARELLI MDJDMBECO-PRESIDENT/CEO

DANIEL TONETTI MDDIRECTOR CV NEUROSURGERY

MICHAEL ROSENBLOOM MDDIRECTOR COOPER HEART INSTITUTE

BRIAN REILLYCHIEF FINANCIAL OFFICER

ADAM ELFANT MDDIVISION HEAD, GASTROENTEROLOGY

FRANK W BOWEN III MDDIRECTOR, THORACIC SURGICAL ONCO

ERIC KUPERSMITH MDSVP, CHIEF PHYS. EXEC HOSPITALIST

MICHAEL SABIA MDDIVISION HEAD, PAIN MANAGEMENT

GENEROSA GRANA MDTRUSTEE/DIR ANDERSON CANCER CENTR

SEAN MURPHYSR EVP/GENERAL COUNSEL/BD.SEC

ROLAND SCHWARTING MDTRUSTEE/CHIEF, PATHOLOGY

JEFFREY P CARPENTER MDCHIEF, DEPARTMENT OF SURGERY

ROBIN L PERRY MDCHIEF, DEPT OF OB GYN

MICHAEL E CHANSKY MDTRUSTEE / CHIEF, EMERGENCY MED

MICHAEL GOODMAN MDTRUSTEE, PRES MED STAFF

ROBERT HOCKELSVP, OPERATIONS

ELIZABETH GREENSVP HUMAN RESOURCE

JOHN VAZQUEZSECRETARY (AS OF 04/2024)

KENNETH M WRIGHTSVP/CHIEF ACCTG OFFICER

KATHLEEN DEVINE DRNP NEA-BCSVP/CHIEF NURSING OFFICER

GARY LESNESKISPECIAL COUNSEL

DINA MATHEWS-LAURENDEAUFORMER BOARD SEC/FDN DIR OF DVLPMT

STEVEN E ROSS MDTRUSTEE/PHYSICIAN DIRECTOR

WILLIAM WENZELTRUSTEE (AS OF 12/2024)

RICHARD T SMITHTRUSTEE (AS OF 04/2024)

SIDNEY R BROWNTRUSTEE

RON JAWORSKITRUSTEE (AS OF 01/2024)

SUSAN WEINERTRUSTEE (THRU 05/2024)

PHOEBE A HADDON JD LLMTRUSTEE (THRU 05/2024)

PHILIP A NORCROSS ESQTRUSTEE

PETER S AMENTA MD PHDTRUSTEE

LEON D DEMBO ESQTRUSTEE

KRIS SINGH PHDTRUSTEE (THRU 05/2024)

HARVEY A SNYDER MDTRUSTEE

GEORGE E NORCROSS IIICHAIRMAN OF THE BOARD/TRUSTEE

FAUSTINO FERNANDEZ-VINA ESQTRUSTEE

ELI WINKLERTRUSTEE (AS OF 01/2024)

DUANE D MYERSTRUSTEE

CHERYL NORTONTRUSTEE

CHARLES W FOULKE IIITRUSTEE

ANNETTE REBOLI MDTRUSTEE

About this charity

Recognized since: January 2017
Location: 1 FEDERAL ST STE NW2-400, CAMDEN, NJ 08103-1088
County: Camden
In care of: BRIAN M REILLY
Primary officer: BRIAN M REILLY, CFO

How to reach them

WebsiteVisit the charity’s website EmailMaternitytours@cooperhealth.edu Phone(856) 342-2000 Officer phone(856) 342-2443

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: GRANT THORNTON ADVISORS LLC
NTEE classification: General Hospitals (E22)
IRS tax category: General Hospitals
Grant-giving organization: Yes