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Nonprofiteer
← PRINCETON HEALTHCARE SYSTEM FOUNDATION INC

Form 990 for tax year 2022

Filed by PRINCETON HEALTHCARE SYSTEM FOUNDATION INC.

Totals

Total revenue
$14,497,330
Total expenses
$5,261,929
Contributions and grants received
$9,939,111
Grants paid
$3,170,328
Program services expenses (Part IX)
$4,175,066
Management and general expenses
$436,188
Fundraising expenses
$650,675
Program service expenses (Part III)
$4,175,066

Program services were 79.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • JAMES G DEMETRIADES

    DIRECTOR - PRESIDENT & CEO

    Total calculated
    $813,941
    From this org
    $0
    From related orgs
    $722,687
    Other
    $91,254
    Hours/week
    5 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $495,587 related
    Bonus
    $0 + $205,800 related
    Other
    $0 + $21,300 related
    Deferred
    $0 + $73,500 related
    Nontaxable benefits
    $0 + $17,754 related
    Filer's total
    $0 + $813,941 related
  • GUILHERME VALLADARES MBA

    EX-OFFICO,SVP&CFO ASST. TREAS.

    Total calculated
    $488,776
    From this org
    $0
    From related orgs
    $454,602
    Other
    $34,174
    Hours/week
    5 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $381,377 related
    Bonus
    $0 + $71,983 related
    Other
    $0 + $1,242 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $34,174 related
    Filer's total
    $0 + $488,776 related
  • HYONA REVERE

    DIRECTOR, ASST SEC.

    Total calculated
    $383,907
    From this org
    $0
    From related orgs
    $347,263
    Other
    $36,644
    Hours/week
    1 + 54 related

    Schedule J breakdown matched by us

    Base
    $0 + $282,007 related
    Bonus
    $0 + $64,387 related
    Other
    $0 + $869 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $36,644 related
    Filer's total
    $0 + $383,907 related
  • RAMECK R HUNT MD

    DIRECTOR

    Total calculated
    $223,140
    From this org
    $0
    From related orgs
    $213,758
    Other
    $9,382
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $0 + $213,265 related
    Bonus
    $0
    Other
    $0 + $493 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $9,382 related
    Filer's total
    $0 + $223,140 related
  • RACHEL P DULTZ MD

    DIRECTOR

    Total calculated
    $187,224
    From this org
    $0
    From related orgs
    $187,224
    Other
    $0
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $0 + $187,224 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $187,224 related
  • SURESH C CHUGH

    DIRECTOR - TREASURER

    Total calculated
    $0
    Hours/week
    1
  • CHRISTINE GRANT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • W THOMAS GUTOWSKI

    DIRECTOR - CHAIR

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • NORMAN R KLATH

    DIRECTOR - THRU 4/26/2023

    Total calculated
    $0
    Hours/week
    1
  • ANTHONY J KUCZINSKI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • RHONDA A MEDINA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • FRED D PRICE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • MARGARET J SIECK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • PAULA W TAYLOR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • AMRIT WALIA-ZAIDI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ALICIA BRENNAN MD

    DIRECTOR - SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • LAURA HEYBURN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ANJNA KUMAR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JAIMIE STOURNARAS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JOHN DELORENZO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • KELLIE MALLOY FOERTER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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 — 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

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 3
TOP MANAGEMENT COMPENSATION AS PROVIDED IN THE FORM 990, SCHEDULE J INSTRUCTIONS, SINCE THE ORGANIZATION RELIES ON A RELATED ORGANIZATION WHICH USES ONE OR MORE OF THE METHODS DESCRIBED IN LINE 3 TO ESTABLISH THE TOP MANAGEMENT OFFICIALS' COMPENSATION, THIS QUESTION HAS BEEN LEFT UNANSWERED. REFER TO SCHEDULE O FOR A DESCRIPTION OF THE COMPENSATION REVIEW AND APPROVAL PROCESS. ---------- SCHEDULE J, PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN PARTICIPATION CERTAIN TRUSTEES, OFFICERS AND/OR KEY EMPLOYEES OF THIS ORGANIZATION ARE COMPENSATED BY A RELATED ORGANIZATION, THE TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA ("UNIVERSITY"). THE UNIVERSITY OF PENNSYLVANIA HEALTH SYSTEM ("HEALTH SYSTEM") MAINTAINS A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN ("SERP") DESIGNED FOR SENIOR ADMINISTRATORS OF THE HEALTH SYSTEM, AS DESIGNATED BY THE BOARD OF TRUSTEES, WHO ARE ACTIVELY EMPLOYED BY THE HEALTH SYSTEM WHEN THE CONTRIBUTIONS ARE MADE. VESTING IN THE SERP OCCURS AFTER EACH THREE YEARS OF PARTICIPATION AND UPON THE OCCURRENCE OF CERTAIN EVENTS (ATTAINMENT OF AGE 65, DEATH, DISABILITY, OR INVOLUNTARY TERMINATION WITHOUT "CAUSE"). CONTRIBUTIONS FOR THOSE WHO HAVE REACHED AGE 65 WILL BE FULLY VESTED WHEN MADE. UPON REACHING A VESTING DATE, PARTICIPANTS WILL AUTOMATICALLY RECEIVE A FULL DISTRIBUTION WHICH IS TAXABLE AS EARNED INCOME. PARTICIPANTS WHO VOLUNTARILY TERMINATE BEFORE VESTING WILL FORFEIT THE BALANCE IN THEIR ACCOUNTS. THE FOLLOWING INDIVIDUALS LISTED ON FORM 990, PART VII, SECTION A, LINE 1A PARTICIPATED IN THE UNIVERSITY/HEALTH SYSTEM SERP PLAN DURING THE YEAR AND/OR RECEIVED DISTRIBUTIONS DURING THE YEAR: JAMES G. DEMETRIADES - NO DISTRIBUTION --------------------

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

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.

Provenance

Return type
form_990
Tax year
2022
Filed
14 May 2024
IRS schema version
2022v5.0
Source object
202401359349307405

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

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