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Nonprofiteer
← VIRTU-WEST JERSEY HEALTH SYSTEM INC

Form 990 for tax year 2024

Filed by VIRTU-WEST JERSEY HEALTH SYSTEM INC.

Totals

Total revenue
$1,231,312,683
Total expenses
$1,022,196,977
Contributions and grants received
$582,286
Grants paid
$0
Program service revenue
$1,128,841,312
Investment income
$35,352,416
Other revenue
$66,536,669
Total assets, end of year
$3,195,021,072
Total liabilities, end of year
$1,180,904,294
Net assets or fund balances, end of year
$2,014,116,778
Program services expenses (Part IX)
$862,861,977
Management and general expenses
$159,335,000
Fundraising expenses
$0
Program service expenses (Part III)
$862,861,977

Program services were 84.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • STEPHANIE FENDRICK

    TRUSTEE - EVP & CHIEF STRATEGY OFF

    Total calculated
    $1,088,524
    From this org
    $0
    From related orgs
    $1,070,789
    Other
    $17,735
    Hours/week
    0.1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $647,390 related
    Bonus
    $0 + $388,399 related
    Other
    $0 + $35,000 related
    Deferred
    $0 + $15,525 related
    Nontaxable benefits
    $0 + $2,210 related
    Filer's total
    $0 + $1,088,524 related

  • PAUL E MINNICK END 232024

    TRUSTEE - SVP & COO VOORH

    Total calculated
    $586,578
    From this org
    $544,109
    From related orgs
    $0
    Other
    $42,469
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $45,500
    Bonus
    $139,629
    Other
    $358,980
    Deferred
    $5,326
    Nontaxable benefits
    $37,143
    Filer's total
    $586,578

  • DENNIS FLANAGAN

    CHAIR

    Total calculated
    $0
    Hours/week
    0.1

  • DR CRAIG ZARETSKY

    TRUSTEE - PHYSICIAN

    Total calculated
    $1,194,890
    From this org
    $0
    From related orgs
    $1,124,798
    Other
    $70,092
    Hours/week
    0.1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $912,305 related
    Bonus
    $0 + $189,493 related
    Other
    $0 + $23,000 related
    Deferred
    $0 + $15,525 related
    Nontaxable benefits
    $0 + $54,567 related
    Filer's total
    $0 + $1,194,890 related

  • DR STEPHEN GOLDFINE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.1

  • MARK P NESSEL START 242024

    TRUSTEE- SVP & COO-VOORHEES & MARLTON HOSP

    Total calculated
    $660,570
    From this org
    $555,409
    From related orgs
    $49,114
    Other
    $56,047
    Hours/week
    36.4 + 3.8 related

    Schedule J breakdown matched by us

    Base
    $384,916 + $45,375 related
    Bonus
    $142,231
    Other
    $28,262 + $3,739 related
    Deferred
    $13,298 + $2,227 related
    Nontaxable benefits
    $35,853 + $4,669 related
    Filer's total
    $604,560 + $56,010 related

  • HEIDI BAUR

    VP CNO - VOORHEES & MARLTON HOSPITAL

    Total calculated
    $424,512
    From this org
    $389,202
    From related orgs
    $0
    Other
    $35,310
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $300,450
    Bonus
    $79,752
    Other
    $9,000
    Deferred
    $15,525
    Nontaxable benefits
    $19,785
    Filer's total
    $424,512

  • ERIK N DELUE

    VP CMO - VOORHEES & MARLTON HOSPITAL

    Total calculated
    $508,382
    From this org
    $492,519
    From related orgs
    $0
    Other
    $15,863
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $383,033
    Bonus
    $100,486
    Other
    $9,000
    Deferred
    $13,838
    Nontaxable benefits
    $2,025
    Filer's total
    $508,382

  • RICHARD PALUZZI

    MEDICAL DIRECTOR

    Total calculated
    $490,365
    From this org
    $456,207
    From related orgs
    $0
    Other
    $34,158
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $345,404
    Bonus
    $101,803
    Other
    $9,000
    Deferred
    $14,499
    Nontaxable benefits
    $19,659
    Filer's total
    $490,365

  • LING QI PAN

    REGISTERED NURSE

    Total calculated
    $307,892
    From this org
    $307,892
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $307,592
    Bonus
    $300
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $307,892

  • ANGELA BARODY

    VP HOME HEALTH

    Total calculated
    $364,623
    From this org
    $303,032
    From related orgs
    $0
    Other
    $61,591
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $230,286
    Bonus
    $63,746
    Other
    $9,000
    Deferred
    $7,890
    Nontaxable benefits
    $53,701
    Filer's total
    $364,623

  • MARGARET M COLEY

    VP SURGICAL SERVICES

    Total calculated
    $330,367
    From this org
    $301,088
    From related orgs
    $0
    Other
    $29,279
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $236,034
    Bonus
    $56,054
    Other
    $9,000
    Deferred
    $13,528
    Nontaxable benefits
    $15,751
    Filer's total
    $330,367

  • LISA C FERRARO

    SVP & COO- LOURDES HOSPITAL

    Total calculated
    $617,840
    From this org
    $0
    From related orgs
    $568,100
    Other
    $49,740
    Hours/week
    0 + 40.1 related

    Schedule J breakdown matched by us

    Base
    $0 + $416,116 related
    Bonus
    $0 + $119,984 related
    Other
    $0 + $32,000 related
    Deferred
    $0 + $15,525 related
    Nontaxable benefits
    $0 + $34,215 related
    Filer's total
    $0 + $617,840 related

  • DENNIS W PULLIN

    PRESIDENT/CEO

    Total calculated
    $3,320,959
    From this org
    $0
    From related orgs
    $3,255,726
    Other
    $65,233
    Hours/week
    0 + 41.2 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,942,783 related
    Bonus
    $0 + $1,300,943 related
    Other
    $0 + $12,000 related
    Deferred
    $0 + $15,525 related
    Nontaxable benefits
    $0 + $49,708 related
    Filer's total
    $0 + $3,320,959 related

  • ROBERT M SEGIN

    TREASURER- EVP/CFO

    Total calculated
    $1,406,709
    From this org
    $0
    From related orgs
    $1,359,141
    Other
    $47,568
    Hours/week
    0 + 41.3 related

    Schedule J breakdown matched by us

    Base
    $0 + $839,845 related
    Bonus
    $0 + $484,296 related
    Other
    $0 + $35,000 related
    Deferred
    $0 + $15,525 related
    Nontaxable benefits
    $0 + $32,043 related
    Filer's total
    $0 + $1,406,709 related

  • JOHN M MATSINGER

    EVP/COO

    Total calculated
    $1,754,395
    From this org
    $0
    From related orgs
    $1,702,837
    Other
    $51,558
    Hours/week
    0 + 40.2 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,076,717 related
    Bonus
    $0 + $591,120 related
    Other
    $0 + $35,000 related
    Deferred
    $0 + $15,525 related
    Nontaxable benefits
    $0 + $36,033 related
    Filer's total
    $0 + $1,754,395 related

  • LAUREN ROWINSKI

    SECRETARY- SVP & CHIEF LEGAL OFFICER

    Total calculated
    $1,000,281
    From this org
    $0
    From related orgs
    $950,446
    Other
    $49,835
    Hours/week
    0 + 41 related

    Schedule J breakdown matched by us

    Base
    $0 + $603,967 related
    Bonus
    $0 + $314,479 related
    Other
    $0 + $32,000 related
    Deferred
    $0 + $15,525 related
    Nontaxable benefits
    $0 + $34,310 related
    Filer's total
    $0 + $1,000,281 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
VIRTUA - WEST JERSEY HEALTH SYSTEMS, INC. ADOPTS THE POLICIES OF VIRTUA HEALTH, INC. REGARDING ESTABLISHING THE COMPENSATION OF THE ORGANIZATION'S CEO/EXECUTIVE DIRECTOR. THE POLICY USES THE FOLLOWING: COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE VIRTUA BOARD OR COMPENSATION COMMITTEE.
PART I, LINES 4A-B
WEST JERSEY HEALTH SYSTEM, INC. PAID A SEVERANCE PAYMENT TO PAUL E. MINNICK: $358,287. A RELATED ORGANIZATION, VIRTUA HEALTH, INC., HAS A "COLLATERAL ASSIGNMENT SPLIT DOLLAR PLAN" (CASD), WHICH IS DESCRIBED IN SCHEDULE O.
PART I, LINE 7
PAY AT RISK AND/OR DISCRETIONARY BONUSES PROVIDED TO THE INDIVIDUALS LISTED ON FORM 990, PART VII, SECTION A, LINE 1A ARE BASED ON THE ACHIEVEMENT OF SIGNIFICANT QUANTITATIVE, QUALITATIVE, AND/OR PROGRAMMATIC GOALS AND ARE APPROVED BY THE COMPENSATION COMMITTEE FOR DISQUALIFIED INDIVIDUALS AND BY THE CEO FOR ALL OTHERS.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2024
Filed
17 November 2025
IRS schema version
2024v5.2
Source object
202523219349322932

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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