Form 990 for tax year 2024
Filed by DEBORAH CARDIOVASCULAR GROUP P C.
Totals
- Total revenue
- $6,158,003
- Total expenses
- $6,158,003
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $6,158,003
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $1,966,335
- Total liabilities, end of year
- $2,025,813
- Net assets or fund balances, end of year
- -$59,478
- Program services expenses (Part IX)
- $5,542,204
- Management and general expenses
- $615,799
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $5,542,204
Program services were 90.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: NET PATIENT SERVICE REVENUE
total $6,158,003 · related or exempt $6,158,003
-
3 · Investment income
total $0 · unrelated business $0 · excluded $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$0
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$0
-
10b · Cost of goods sold
$0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $5,262,075 · program services $4,735,868 · management and general $526,207
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $116,313 · program services $104,682 · management and general $11,631
-
10 · Payroll taxes
total $257,071 · program services $231,364 · management and general $25,707
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $64,785 · program services $58,307 · management and general $6,478 · fundraising $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $305,091 · program services $274,582 · management and general $30,509
-
24a · Other expenses: OTHER EXPENSES
total $152,668 · program services $137,401 · management and general $15,267
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $980 · end of year $980
-
2 · Savings and temporary cash investments
beginning of year $374,195 · end of year $630,916
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $0
-
4 · Accounts receivable
beginning of year $652,826 · end of year $613,449
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $102,971 · end of year $117,707
-
10a · Land, buildings and equipment: cost or other basis
$0
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $0 · end of year $0
-
12 · Investments: other securities
beginning of year $0 · end of year $0
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $111,260 · end of year $603,283
-
17 · Accounts payable and accrued expenses
beginning of year $504,238 · end of year $312,596
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $0 · end of year $0
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $797,472 · end of year $1,713,217
-
27 · Net assets without donor restrictions
beginning of year -$59,478 · end of year -$59,478
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2024
Mission
TO PROVIDE HIGH QUALITY MEDICAL CARE TO PATIENTS IN ITS COMMUNITIES, ALLOWING PATIENTS THE ABILITY TO GAIN BETTER ACCESS TO OFFICE-BASED CARE AND, CONSEQUENTLY, EXPERIENCE BETTER OUTCOMES. PLEASE REFER TO SCHEDULE O.
Activities or mission (Part I)
TO PROVIDE MEDICALLY NECESSARY HEALTHCARE SERVICES IN FURTHERANCE OF THE CHARITABLE PURPOSES OF DEBORAH HEART AND LUNG CENTER; A RELATED IRC SECTION 501(C)(3) TAX-EXEMPT ORG.
-
EXPENSES INCURRED IN SERVING AS THE PHYSICIAN SERVICES COMPONENT OF DEBORAH HEART AND LUNG CENTER AND ACTING IN FURTHERANCE OF THE CHARITABLE PURPOSES OF DEBORAH HEART AND LUNG CENTER; 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, gender, sexual orientation, color, religion, creed, sex, national origin, marital status, age, physical or mental handicap or ability to pay.
Expenses $5,542,204 · Revenue $6,158,003
As filed on the 2024 return.
Listed in Part VII
-
Joseph ChirichellaJOSEPH CHIRICHELLA
TRST-DHLC PRES/CEO(TERM 8/24)
- Total calculated
- $1,018,802
- From this org
- $0
- From related orgs
- $972,025
- Other
- $46,777
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $0 + $499,385 related
- Bonus
- $0 + $460,000 related
- Other
- $0 + $12,640 related
- Deferred
- $0 + $13,800 related
- Nontaxable benefits
- $0 + $32,977 related
- Filer's total
- $0 + $1,018,802 related
-
Burak M Arkonac MD
Cardiologist
- Total calculated
- $726,456
- From this org
- $678,949
- From related orgs
- $0
- Other
- $47,507
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $643,881
- Bonus
- $32,692
- Other
- $2,376
- Deferred
- $13,800
- Nontaxable benefits
- $33,707
- Filer's total
- $726,456
-
Joseph J Guarino Jr MD
CARDIOLOGIST
- Total calculated
- $597,235
- From this org
- $550,010
- From related orgs
- $0
- Other
- $47,225
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $479,186
- Bonus
- $66,869
- Other
- $3,955
- Deferred
- $13,800
- Nontaxable benefits
- $33,425
- Filer's total
- $597,235
-
Susan D Bonfield EsqSUSAN D BONFIELD ESQ
SECRETARY - TRUSTEE
- Total calculated
- $561,843
- From this org
- $0
- From related orgs
- $512,651
- Other
- $49,192
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $0 + $375,836 related
- Bonus
- $0 + $80,112 related
- Other
- $0 + $56,703 related
- Deferred
- $0 + $12,435 related
- Nontaxable benefits
- $0 + $36,757 related
- Filer's total
- $0 + $561,843 related
-
Victor O Bacani MDVICTOR O BACANI MD
CARDIOLOGIST
- Total calculated
- $560,305
- From this org
- $512,623
- From related orgs
- $0
- Other
- $47,682
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $410,503
- Bonus
- $97,548
- Other
- $4,572
- Deferred
- $13,800
- Nontaxable benefits
- $33,882
- Filer's total
- $560,305
-
James Pasquariello MDJAMES PASQUARIELLO MD
CARDIOLOGIST
- Total calculated
- $529,171
- From this org
- $527,927
- From related orgs
- $0
- Other
- $1,244
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $465,478
- Bonus
- $58,494
- Other
- $3,955
- Deferred
- $0
- Nontaxable benefits
- $1,244
- Filer's total
- $529,171
-
Thomas R PercelloTHOMAS R PERCELLO
TREASURER - TRUSTEE
- Total calculated
- $517,796
- From this org
- $0
- From related orgs
- $474,734
- Other
- $43,062
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $0 + $390,807 related
- Bonus
- $0 + $79,355 related
- Other
- $0 + $4,572 related
- Deferred
- $0
- Nontaxable benefits
- $0 + $43,062 related
- Filer's total
- $0 + $517,796 related
-
Jonathan Krathen MDJONATHAN KRATHEN MD
PHYSICIAN
- Total calculated
- $515,717
- From this org
- $500,371
- From related orgs
- $0
- Other
- $15,346
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $500,011
- Bonus
- $0
- Other
- $360
- Deferred
- $13,800
- Nontaxable benefits
- $1,546
- Filer's total
- $515,717
-
Joseph R ManniJOSEPH R MANNI
Trst-DHLC EVP/COO(Term 11/24)
- Total calculated
- $511,656
- From this org
- $0
- From related orgs
- $466,054
- Other
- $45,602
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $0 + $340,970 related
- Bonus
- $0 + $76,595 related
- Other
- $0 + $48,489 related
- Deferred
- $0 + $13,800 related
- Nontaxable benefits
- $0 + $31,802 related
- Filer's total
- $0 + $511,656 related
-
Michael Neary MDMICHAEL NEARY MD
PRESIDENT - TRUSTEE
- Total calculated
- $457,408
- From this org
- $0
- From related orgs
- $426,380
- Other
- $31,028
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $0 + $422,425 related
- Bonus
- $0
- Other
- $0 + $3,955 related
- Deferred
- $0 + $13,800 related
- Nontaxable benefits
- $0 + $17,228 related
- Filer's total
- $0 + $457,408 related
-
James R Andrews
TRST-DHLC PRES/CEO (EFF 9/24)
- Total calculated
- $295,272
- From this org
- $0
- From related orgs
- $290,049
- Other
- $5,223
- Hours/week
- 55
Schedule J breakdown matched by us
- Base
- $0 + $186,532 related
- Bonus
- $0 + $100,000 related
- Other
- $0 + $3,517 related
- Deferred
- $0
- Nontaxable benefits
- $0 + $5,223 related
- Filer's total
- $0 + $295,272 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
- 3 · Compensation committee
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 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)
- SCHEDULE J, PART I; QUESTION 4A
- THE FOLLOWING INDIVIDUAL RECEIVED SEVERANCE DURING CALENDAR YEAR 2024 WHICH WAS INCLUDED IN his 2024 FORM W-2, BOX 5, AS TAXABLE MEDICARE WAGES: JOSEPH R. MANNI, $41,958.
- SCHEDULE J, PART I; QUESTION 4B
- THE AMOUNT REFLECTED IN SCHEDULE J, PART II, COLUMN B(III) FOR THE FOLLOWING INDIVIDUALS INCLUDES CURRENT YEAR VESTING IN AN INTERNAL REVENUE CODE SECTION 457(F) PLAN (NON-QUALIFIED DEFERRED COMPENSATION PLAN) AS THE AMOUNTS WERE NO LONGER SUBJECT TO A SUBSTANTIAL RISK OF COMPLETE FORFEITURE. THE AMOUNTS OUTLINED HEREIN WERE INCLUDED IN EACH INDIVIDUAL'S 2024 FORM W-2, BOX 5, AS TAXABLE MEDICARE WAGES: SUSAN D. BONFIELD, ESQ., $38,727 and JOSEPH R. MANNI, $11.
- SCHEDULE J, PART I; QUESTION 7
- CERTAIN INDIVIDUAL INCLUDED IN SCHEDULE J, PART II RECEIVED A BONUS DURING CALENDAR YEAR 2024 WHICH AMOUNTS WERE INCLUDED IN COLUMN B(II) HEREIN AND IN EACH INDIVIDUAL'S 2024 FORM W-2, BOX 5, AS TAXABLE MEDICARE WAGES. PLEASE REFER TO THIS SECTION OF THE FORM 990, SCHEDULE J FOR THIS INFORMATION BY PERSON BY AMOUNT.
- SCHEDULE J, PART II; COLUMN F
- The amounts reported in schedule j, part ii, column (f) include amounts reported on prior years' forms 990 in schedule j, part ii, in column (c) as non-taxable unvested deferred compensation with a substantial risk of complete forfeiture component that is now being reported again on this year's form 990. Accordingly, in prior years the individuals never actually received any of these unvested at-risk benefit amounts.
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.
-
501(C)(3) · SUPPORT · NJ
Directly controlled by NA
-
501(C)(3) · HEALTH SVCS. · NJ
Directly controlled by NA
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.
-
THE SURGERY CENTER AT DEBORAH LLC
HEALTH SVCS. · TN
Directly controlled by NA
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
ADVANCED MEDICAL MANAGEMENT SERVICES
C CORP. · MGMT SVCS. · NJ
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 11 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202533179349302888
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