THE NEWARK BETH ISRAEL MEDICAL CENTERFOUNDATION Charity Report

Public IRS 990 nonprofit record

THE NEWARK BETH ISRAEL MEDICAL CENTERFOUNDATION

EIN 22-2587176 · Fund Raising and/or Fund Distribution

What they do

to SUPPORT THE CHARITABLE PURPOSES, PROGRAMS and SERVICES of NEWARK BETH ISRAEL MEDICAL CENTER; A RELATED IRC SECTION 501(C)(3) TAX-EXEMPT ORGANIZATION. - to SUPPORT THE CHARITABLE PURPOSES, PROGRAMS and SERVICES of NEWARK BETH ISRAEL MEDICAL CENTER (WHICH INCLUDES CHILDRENS HOSPITAL of NEW JERSEY); A RELATED INTERNAL REVENUE CODE SECTION 501(C)(3) TAX-EXEMPT ORGANIZATION, WHICH PROVIDES MEDICALLY NECESSARY HEALTHCARE SERVICES to ALL INDIVIDUALS IN A NON-DISCRIMINATORY MANNER 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 $82.50 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 2016The report may be old. Ask for a newer one.

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

They name their leaders20 people are listed in the latest report.

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

Money made simple

63.73%of revenue went to mission work82.5% of expenses · Program services

8.52%of revenue went to fundraising11.0% of expenses

$77.26spent for every $100 of revenueRevenue covered expenses this year.

5.02%of revenue went to management and office costs6.5% of expenses

65.5%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 $50,277 for FRANCIS J GIANTOMASI ESQ (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 2016

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$5,767,712

Mission workProgram services$3,675,52863.73% of revenue82.5% of expenses

ManagementOffice and general costs$289,4935.02% of revenue6.5% of expenses

FundraisingAsking for donations$491,1448.52% of revenue11.0% of expenses

Revenue left after expensesReported annual surplus$1,311,54722.74% of revenueShown in gray on the chart

Total expenses$4,456,16577.26% of revenue

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

Money in and money out

Revenue$5,767,712

Expenses$4,456,165

Annual surplus $1,311,547 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)$3,675,528 · 82.5% of expenses

Management and office costs$289,493 · 6.5% of expenses

Fundraising$491,144 · 11.0% of expenses

See all reported dollar amounts

Revenue$5,767,712

Expenses$4,456,165

Income$4,858,438

Contributions$3,777,971

Mission work (program services)$3,675,528

Fundraising$491,144

Management and general$289,493

Accounting fees$14,117

People

Leadership and board

Tax year 2016

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

People reported as paid

Person and titleCompensation

FRANCIS J GIANTOMASI ESQTRUSTEE · 50 hrs/week $50,277Base · Other $50,277

JOSHUA ROSENBLATT MDTRUSTEE; EX-OFFICIO · 50 hrs/week $27,536Base · Other $27,536

LAURA L SCHILARECORPORATE CONTROLLER · 50 hrs/week $25,903Base · Other $25,903

CHARLES CATHCART MDTRUSTEE · 50 hrs/week $14,983Base · Other $14,983

JEREMIAS MURILLO MDTRUSTEE (TERM 12/5/16) · 50 hrs/week $6,768Base · Other $6,768

ALAN LAPA MDTRUSTEE · 50 hrs/week $2,922Base · Other $2,922

THIRI ANANDARANGAM MDTRUSTEE · 50 hrs/week $1,205Base · Other $1,205

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 (20)

FRANCIS J GIANTOMASI ESQTRUSTEE

JOSHUA ROSENBLATT MDTRUSTEE; EX-OFFICIO

LAURA L SCHILARECORPORATE CONTROLLER

CHARLES CATHCART MDTRUSTEE

JEREMIAS MURILLO MDTRUSTEE (TERM 12/5/16)

ALAN LAPA MDTRUSTEE

THIRI ANANDARANGAM MDTRUSTEE

FLEETA J BARNESTRUSTEE

JOHN P MEYERHOLZVICE CHAIR/TREASURER - TRUSTEE

JOSEPH S TAYLORTRUSTEE

ERIC BRUNDAGETRUSTEE

DAVID E ROTHSCHILDTRUSTEE

LAWRENCE P GOLDMANTRUSTEE

MARC E BERSONCHAIRMAN - TRUSTEE

NANCY CANTOR PHDTRUSTEE

NORMAN SAMUELS PHDTRUSTEE

REVEREND WILLIAM CHRISTIANTRUSTEE

VAUGHN CROWETRUSTEE

VICTOR PARSONNET MDTRUSTEE

WAYNE K NASHTRUSTEE

About this charity

Location: 201 LYONS AVENUE, NEWARK, NJ 07112
County: Essex
In care of: LAURA L SCHILARE

How to reach them

WebsiteVisit the charity’s website Phone(973) 322-4032

Filing and classification

Latest tax year: 2016
Tax period began: January 1, 2016
Tax preparer: WITHUMSMITHBROWN PC
IRS tax category: Fund Raising and/or Fund Distribution