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Nonprofiteer
← NEW JERSEY HOSPITAL ASSOCIATION

Form 990 for tax year 2023

Filed by NEW JERSEY HOSPITAL ASSOCIATION.

Totals

Total revenue
$13,350,181
Total expenses
$11,923,271
Contributions and grants received
$10,334,302
Grants paid
$0
Program service revenue
$1,944,627
Investment income
$1,071,252
Other revenue
$0
Total assets, end of year
$188,264,401
Total liabilities, end of year
$133,560,446
Net assets or fund balances, end of year
$54,703,955
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
$11,911,372

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.

  • 1b · Membership dues

    $7,117,438

  • 1e · Government grants (contributions)

    $460,065

  • 1f · All other contributions, gifts and grants

    $2,756,799

  • 2a · Program service revenue: MEDICARE GAINSHARING PROJECT

    total $1,161,911 · related or exempt $1,161,911

  • 2b · Program service revenue: ANNUAL MEETING

    total $370,500 · related or exempt $370,500

  • 2c · Program service revenue: OTHER PROGRAM SERVICE

    total $347,049 · related or exempt $347,049

  • 2d · Program service revenue: COOPERATIVE HEALTH PROGRAMS

    total $60,067 · related or exempt $60,067

  • 2e · Program service revenue: PUBLICATIONS

    total $5,100 · related or exempt $5,100

  • 3 · Investment income

    total $699,683 · excluded $699,683

  • 7a · Gross sales of assets other than inventory

    securities $1,184,997

  • 7b · Less cost or other basis and sales expenses

    securities $813,428

  • 7c · Gain or loss

    securities $371,569

  • 7d · Net gain or loss

    total $371,569 · excluded $371,569

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $1,571,128

  • 7 · Other salaries and wages

    total $4,664,340

  • 8 · Pension plan contributions

    total $245,107

  • 9 · Other employee benefits

    total -$78,182

  • 10 · Payroll taxes

    total $308,110

  • 11a · Fees: management

    total $51,950

  • 11b · Fees: legal

    total $211,117

  • 11d · Fees: lobbying

    total $215,000

  • 11f · Fees: investment management

    total $11,896

  • 11g · Fees: other

    total $1,636,676

  • 12 · Advertising and promotion

    total $5,915

  • 13 · Office expenses

    total $764,529

  • 16 · Occupancy

    total $174,793

  • 17 · Travel

    total $49,206

  • 19 · Conferences, conventions and meetings

    total $409,804

  • 21 · Payments to affiliates

    total $832,760

  • 23 · Insurance

    total $126,842

  • 24a · Other expenses: PURCHASED SERVICES

    total $428,252

  • 24b · Other expenses: MISCELLANEOUS

    total $189,141

  • 24c · Other expenses: PROVISION FOR BAD DEBT

    total $104,887

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,154,821 · end of year -$160,596

  • 2 · Savings and temporary cash investments

    beginning of year $3,377,852 · end of year $2,091,441

  • 4 · Accounts receivable

    beginning of year $7,389,756 · end of year $8,663,748

  • 9 · Prepaid expenses and deferred charges

    beginning of year $925,639 · end of year $915,604

  • 10a · Land, buildings and equipment: cost or other basis

    $364,063

  • 10b · Land, buildings and equipment: accumulated depreciation

    $364,063

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $11,134,782 · end of year $12,825,414

  • 12 · Investments: other securities

    beginning of year $32,337,343 · end of year $35,955,741

  • 13 · Investments: program-related

    beginning of year $32,007 · end of year $30,827

  • 15 · Other assets

    beginning of year $77,484,159 · end of year $127,942,222

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,972,596 · end of year $3,030,508

  • 19 · Deferred revenue

    beginning of year $9,039,851 · end of year $8,827,200

  • 25 · Other liabilities

    beginning of year $71,593,469 · end of year $121,702,738

  • 27 · Net assets without donor restrictions

    beginning of year $49,230,443 · end of year $54,703,955

Mission and programs · 2023

Mission

NJHA WILL BE A TRUSTED THOUGHT LEADER AND AGENT OF CHANGE IN NEW JERSEY, ADVOCATING, EDUCATING AND RESEARCHING TO GUIDE HEALTHCARE CONSUMERS, PROVIDERS AND LEGISLATORS TOWARD IMPROVED QUALITY, SAFETY, AFFORDABILITY AND ACCESSIBILITY OF HEALTHCARE.

Activities or mission (Part I)

THE MISSION OF THE NEW JERSEY HOSPITAL ASSOCIATION IS TO IMPROVE THE HEALTH OF THE PEOPLE OF NEW JERSEY.

  • ADMINISTRATION - AS THE PREMIER STATEWIDE HEALTHCARE ASSOCIATION SERVING APPROXIMATELY 460 MEMBERS AND AFFILIATES, NJHA IS THE LEADER IN ADVOCACY, EDUCATION AND INFORMATION, PARTNERING WITH ITS MEMBERS TO PROVIDE ACCESSIBLE, AFFORDABLE AND QUALITY HEALTHCARE TO PATIENTS AND PEOPLE THROUGHOUT NEW JERSEY.

    Expenses $4,076,428 · Revenue $606,868

  • CHART - THE CENTER FOR HEALTH ANALYTICS, RESEARCH & TRANSFORMATION IS A RESEARCH HUB CONTAINED WITHIN THE NEW JERSEY HOSPITAL ASSOCIATION. BY USING DATA ANALYTICS, AND PERFORMING PREDICTIVE MODELING, CHART SEEKS TO INFORM THE NJHA MEMBERSHIP, STATE AND FEDERAL ELECTED OFFICIALS AND THE GENERAL POPULATION, THROUGH THE MEDIA, ABOUT TRENDS AND NUANCES RELATED TO THE HEALTHCARE ENVIRONMENT. THE GOAL IS TO INCREASE AWARENESS ABOUT HOW HEALTHCARE IS DELIVERED AND TO EXPLORE METHODS TO IMPROVE POPULATION HEALTH.

    Expenses $1,986,164 · Revenue $1,167,011

  • GOVERNMENT RELATIONS AND POLICY/POST-ACUTE CARE POLICY - PLAYS A CRITICAL ROLE IN DEFINING AND IMPLEMENTING THE ADVOCACY PRINCIPLES THAT SUPPORT MEMBERSHIP INTERESTS AND ACTS AS A KEY CONTACT BETWEEN THE STATE DECISION MAKERS AND INDUSTRY LEADERS.

    Expenses $1,373,165

  • STRATEGIC INITIATIVESCOMMUNICATIONS AND MEMBER SERVICESCENTER FOR PARTNERSHIPS TRANSFORMING HEALTHCONTRACTED LEGAL SERVICESQ3 SUBCONTRACTHOSPITAL PREPAREDNESS PROGRAM COOPERATIVE AGREEMENTASPR COVID-19 RESPONSE GRANTOTHER PROGRAM SERVICES REVENUE OF $2,927,543 INCLUDES GRANT REVENUE OF $2,756,799 SHOWN ON FORM 990 PART VIII LINE 1F

    Expenses $4,475,615 · Revenue $2,927,543

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • ROBERT H ADAMS

    TRUSTEE CLASS OF 2024

    Total calculated
    $0
    Hours/week
    1

  • BILL ARNOLD

    VICE CHAIR

    Total calculated
    $2,200
    From this org
    $0
    From related orgs
    $2,200
    Other
    $0
    Hours/week
    1

  • CHRISTOPHER BAILEY

    ASSISTANT TREASURER & CFO

    Total calculated
    $438,411
    From this org
    $0
    From related orgs
    $386,105
    Other
    $52,306
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $339,945 related
    Bonus
    $0 + $43,400 related
    Other
    $0 + $2,760 related
    Deferred
    $0 + $28,050 related
    Nontaxable benefits
    $0 + $24,256 related
    Filer's total
    $0 + $438,411 related

  • CATHLEEN D BENNETT

    PRESIDENT & CEO

    Total calculated
    $1,416,477
    From this org
    $1,020,571
    From related orgs
    $340,190
    Other
    $55,716
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $605,908 + $246,404 related
    Bonus
    $129,456 + $43,152 related
    Other
    $285,207 + $50,634 related
    Deferred
    $24,750 + $8,250 related
    Nontaxable benefits
    $17,037 + $5,679 related
    Filer's total
    $1,062,358 + $354,119 related

  • ROBERT W BRENNER

    TRUSTEE CLASS OF 2024

    Total calculated
    $0
    Hours/week
    1

  • ERIC W CARNEY

    TRUSTEE CLASS OF 2023

    Total calculated
    $0
    Hours/week
    1

  • EDWARD J CONDIT

    CHAIR

    Total calculated
    $2,200
    From this org
    $0
    From related orgs
    $2,200
    Other
    $0
    Hours/week
    1

  • VINCENT J DICKS

    TRUSTEE CLASS OF 2023

    Total calculated
    $0
    Hours/week
    1

  • PHILIP J DRISCOLL

    TRUSTEE CLASS OF 2023

    Total calculated
    $0
    Hours/week
    1

  • PAIGE DWORAK

    TRUSTEE CLASS OF 2024

    Total calculated
    $0
    Hours/week
    1

  • PATRICK GAVIN

    TRUSTEE CLASS OF 2024

    Total calculated
    $0
    Hours/week
    1

  • FRANK A GHINASSI

    EX-OFFICIO

    Total calculated
    $0
    Hours/week
    1

  • LORI S HERNDON

    IMMEDIATE PAST CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • LESLIE D HIRSCH

    TRUSTEE CLASS OF 2023

    Total calculated
    $0
    Hours/week
    1

  • AMY B MANSUE

    TRUSTEE CLASS OF 2023

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL MARON

    TRUSTEE CLASS OF 2024

    Total calculated
    $0
    Hours/week
    1

  • JOHN MATSINGER

    TRUSTEE CLASS OF 2024

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL A MCLAUGHLIN

    TRUSTEE CLASS OF 2023

    Total calculated
    $0
    Hours/week
    1

  • KEVIN O'DOWD

    TRUSTEE CLASS OF 2023

    Total calculated
    $0
    Hours/week
    1

  • KENNETH N SABLE

    TRUSTEE CLASS OF 2024

    Total calculated
    $0
    Hours/week
    1

  • ANTHONY SCARDINO

    TRUSTEE CLASS OF 2023

    Total calculated
    $0
    Hours/week
    1

  • THOMAS W SCOTT

    TRUSTEE CLASS OF 2024

    Total calculated
    $2,200
    From this org
    $0
    From related orgs
    $2,200
    Other
    $0
    Hours/week
    1

  • ROBERT M SEGIN

    EX-OFFICIO

    Total calculated
    $3,600
    From this org
    $0
    From related orgs
    $3,600
    Other
    $0
    Hours/week
    1

  • STEVEN SHERIS

    TRUSTEE CLASS OF 2023

    Total calculated
    $0
    Hours/week
    1

  • CINDY A SORG

    ASSISTANT TO THE PRESIDENT/ASSISTANT SECRETARY

    Total calculated
    $113,351
    From this org
    $90,922
    From related orgs
    $0
    Other
    $22,429
    Hours/week
    24

  • MARK STAUDER

    TREASURER & CHAIRMAN OF FINANCE COMMITTEE

    Total calculated
    $0
    Hours/week
    1

  • DARRELL K TERRY

    TRUSTEE CLASS OF 2024

    Total calculated
    $1,600
    From this org
    $0
    From related orgs
    $1,600
    Other
    $0
    Hours/week
    1

  • DEBORAH D VISCONI

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • CHRISTINE ANN STEARNS

    VP

    Total calculated
    $395,419
    From this org
    $355,888
    From related orgs
    $0
    Other
    $39,531
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $336,051
    Bonus
    $17,428
    Other
    $2,409
    Deferred
    $31,096
    Nontaxable benefits
    $8,435
    Filer's total
    $395,419

  • SEAN HOPKINS

    SENIOR VICE PRESIDENT

    Total calculated
    $569,323
    From this org
    $522,672
    From related orgs
    $0
    Other
    $46,651
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $384,315
    Bonus
    $85,563
    Other
    $52,794
    Deferred
    $33,000
    Nontaxable benefits
    $13,651
    Filer's total
    $569,323

  • THERESA L EDELSTEIN

    SENIOR VICE PRESIDENT

    Total calculated
    $484,016
    From this org
    $428,300
    From related orgs
    $0
    Other
    $55,716
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $322,080
    Bonus
    $98,656
    Other
    $7,564
    Deferred
    $33,000
    Nontaxable benefits
    $22,716
    Filer's total
    $484,016

  • KERRY MCKEAN-KELLY

    VICE PRESIDENT

    Total calculated
    $354,015
    From this org
    $312,423
    From related orgs
    $0
    Other
    $41,592
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $274,296
    Bonus
    $34,190
    Other
    $3,937
    Deferred
    $27,941
    Nontaxable benefits
    $13,651
    Filer's total
    $354,015

  • ROGER D SARAO

    VICE PRESIDENT

    Total calculated
    $308,975
    From this org
    $272,327
    From related orgs
    $0
    Other
    $36,648
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $227,677
    Bonus
    $42,950
    Other
    $1,700
    Deferred
    $23,261
    Nontaxable benefits
    $13,387
    Filer's total
    $308,975

  • VICTORIA BROGAN

    SENIOR VICE PRESIDENT

    Total calculated
    $397,435
    From this org
    $352,744
    From related orgs
    $0
    Other
    $44,691
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $286,523
    Bonus
    $64,750
    Other
    $1,471
    Deferred
    $25,586
    Nontaxable benefits
    $19,105
    Filer's total
    $397,435

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 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

PART I, LINE 4B
NEW JERSEY HOSPITAL ASSOCIATION MAINTAINS A 457(F) SUPPLEMENTAL RETIREMENT PLAN FOR SENIOR STAFF. CATHLEEN BENNETT AND SEAN HOPKINS ARE PARTICIPANTS IN THE "PLAN". EMPLOYER CONTRIBUTIONS TOTALLING $296,574 WERE FUNDED IN 2023 TO THIS PLAN. NEW JERSEY HOSPITAL ASSOCIATION MAINTAINS A 457(B) SUPPLEMENTAL RETIREMENT PLAN FOR SENIOR STAFF. CATHLEEN BENNETT, AND SEAN HOPKINS ARE PARTICIPANTS IN THE "PLAN". THE PLAN IS FUNDED EXCLUSIVELY BY VOLUNTARY EMPLOYEE CONTRIBUTIONS.

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 corporations and trusts

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

Provenance

Return type
form_990
Tax year
2023
Filed
11 November 2024
IRS schema version
2023v5.1
Source object
202443189349308899

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