COOPER UNIVERSITY HOSPITAL CAPE REGIONAL INC Charity Report

Public IRS 990 nonprofit record

COOPER UNIVERSITY HOSPITAL CAPE REGIONAL INC

EIN 21-0662542 · Health Care (E220)

What they do

CAPE REGIONAL MEDICAL CENTER MERGED WITH THE COOPER HEALTH SYSTEM, CAMDEN, NEW JERSEY (CHS) IN JULY of 2024. COOPER UNIVERSITY HOSPITAL CAPE REGIONAL, INC. ("CRMC") is A GENERAL MEDICAL and SURGICAL ACUTE CARE HOSPITAL LOCATED IN CAPE MAY COURT HOUSE, NEW JERSEY. CRMCS MISSION ALIGNS WITH THE CHS MISSION to SERVE, to HEAL, and to EDUCATE. THE VISION for THE ENTIRE COOPER HEALTH SYSTEM, is WE WILL BE THE BEST PLACE to BE A PATIENT, THE BEST PLACE to WORK, and THE BEST PLACE to LEARN and PRACTICE MEDICINE. CRMC is RECOGNIZED AS A 501(C)(3) TAX-EXEMPT ORGANIZATION and OPERATES IN A NON-DISCRIMINATORY MANNER, OFFERING MEDICALLY NECESSARY SERVICES REGARDLESS of RACE, COLOR, CREED, SEX, NATIONAL ORIGIN, or ABILITY to PAY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $75.90 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 leaders27 people are listed in the latest report.

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

Money made simple

78.96%of revenue went to mission work75.9% of expenses · Program services

$104.06spent for every $100 of revenueSpending was higher than revenue this year.

25.10%of revenue went to management and office costs24.1% of expenses

$0.72in assets for every $1 spent this yearSome assets cannot be spent right away.

2.7%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.

Worth asking: Expenses exceeded revenue by $5,898,734 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $2,061,050 for JOANNE CARROCINO FACHE (PRESIDENT/CEO - TRUSTEE). 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$145,351,448

Mission workProgram services$114,767,78878.96% of revenue75.9% of expenses

ManagementOffice and general costs$36,482,39425.10% of revenue24.1% of expenses

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

Total expenses$151,250,182104.06% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

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: 75.9% mission · 24.1% management · 0.0% fundraisingTotal expenses: 104.06% of revenue

2023Expense mix: 75.3% mission · 24.7% management · 0.0% fundraisingTotal expenses: 103.96% of revenue

2022Expense mix: 75.6% mission · 24.4% management · 0.0% fundraisingTotal expenses: 103.72% of revenue

2021Expense mix: 71.7% mission · 28.3% management · 0.0% fundraisingTotal expenses: 92.69% of revenue

2020Expense mix: 70.6% mission · 29.4% management · 0.0% fundraisingTotal expenses: 97.32% of revenue

2019Expense mix: 69.0% mission · 31.0% management · 0.0% fundraisingTotal expenses: 97.21% of revenue

2018Expense mix: 67.8% mission · 32.2% management · 0.0% fundraisingTotal expenses: 100.09% of revenue

2017Expense mix: 90.0% mission · 10.0% management · 0.0% fundraisingTotal expenses: 95.70% of revenue

Money in and money out

Revenue$145,351,448

Expenses$151,250,182

Annual shortfall $5,898,734 Expenses were higher than revenue 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)$114,767,788 · 75.9% of expenses

Management and office costs$36,482,394 · 24.1% of expenses

See all reported dollar amounts

Revenue$145,351,448

Expenses$151,250,182

Assets$109,009,466

Income$175,898,769

Contributions$3,905,791

Mission work (program services)$114,767,788

Management and general$36,482,394

Executive compensation (total)$3,427,161

Accounting fees$585,875

Investing fees$188,960

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

JOANNE CARROCINO FACHEPRESIDENT/CEO - TRUSTEE · 55 hrs/week $2,061,050Base $1,961,352 · Other $99,698

MARK R GILLVP FINANCE/CFO · 55 hrs/week $1,520,736Base $1,413,333 · Other $107,403

BYRON K HUNTERVP HUMAN RESOURCES · 55 hrs/week $762,252Base $662,160 · Other $100,092

ANDREA MCCOYMDCHIEF MEDICAL OFFICER · 55 hrs/week $524,221Base $451,330 · Other $72,891

RICHARD W WHEATLEYCHIEF INFORMATION OFFICER · 55 hrs/week $375,652Base $321,322 · Other $54,330

THOMAS J PIRATZKY CFREEXC DIR-CAPE REGIONAL FDN · 55 hrs/week $332,270Base $269,813 · Other $62,457

ANNE M BOLOGNO MDVP PHYS INT. & AMBULATORY SVS · 55 hrs/week $315,846Base $264,940 · Other $50,906

ADRIENNE ABBOT RN MSNCHIEF NURSING OFFICER · 55 hrs/week $314,037Base $265,602 · Other $48,435

RICHARD ARTYMOWICZ PHARM DDIRECTOR OF PHARMACY · 55 hrs/week $293,213Base $218,313 · Other $74,900

SUSAN JOHNSON PHARM DSTAFF PHARMACIST · 55 hrs/week $284,219Base $228,211 · Other $56,008

JAMES NUSS PHARM DSTAFF PHARMACIST · 55 hrs/week $274,569Base $211,518 · Other $63,051

SONJA JOINER JONESNURSING DIRECTOR · 55 hrs/week $260,457Base $199,572 · Other $60,885

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 (27)

JOANNE CARROCINO FACHEPRESIDENT/CEO - TRUSTEE

MARK R GILLVP FINANCE/CFO

BYRON K HUNTERVP HUMAN RESOURCES

ANDREA MCCOYMDCHIEF MEDICAL OFFICER

RICHARD W WHEATLEYCHIEF INFORMATION OFFICER

THOMAS J PIRATZKY CFREEXC DIR-CAPE REGIONAL FDN

ANNE M BOLOGNO MDVP PHYS INT. & AMBULATORY SVS

ADRIENNE ABBOT RN MSNCHIEF NURSING OFFICER

RICHARD ARTYMOWICZ PHARM DDIRECTOR OF PHARMACY

SUSAN JOHNSON PHARM DSTAFF PHARMACIST

JAMES NUSS PHARM DSTAFF PHARMACIST

SONJA JOINER JONESNURSING DIRECTOR

MARIA BIFFONISTAFF RN/PRN TIER III

TOOBA FAYYAZ DOPRESIDENT MED STAFF-TRUSTEE

SUZANNE WALTERSTRUSTEE

THOMAS F DIERKES DOTRUSTEE

ROBERT A FINEBERG ESQVICE CHAIRMAN - TRUSTEE

WILLIAM WENZEL JRTRUSTEE

RICHARD A MICHNER MDVP MEDICAL STAFF-TRUSTEE

RALPH AUTUORETRUSTEE

PASTOR WILLIE JOHNSON JRTRUSTEE

MARY ANNE FRANCISCO RNTRUSTEE

HERBERT L HORNSBY JRTRUSTEE

HENRY S BRZYSKISECRETARY/TREASURER - TRUSTEE

GARRY GILBERTCHAIRMAN - TRUSTEE

ELLEN KRAVET BURKETRUSTEE

BILL YOHTRUSTEE

About this charity

Recognized since: January 1952
Location: 2 STONE HARBOR BLVD, CAPE MAY CH, NJ 08210-2138
County: Cape May
In care of: % MARK R GILL
Primary officer: JOHN SCIANNI, CFO

How to reach them

WebsiteVisit the charity’s website Phone(609) 463-2471

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: GRANT THORNTON ADVISORS LLC
NTEE classification: Health Care (E220)
IRS tax category: General Medical and Surgical Hospitals