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Nonprofiteer
← VIRTU-WEST JERSEY HEALTH SYSTEM INC

Form 990 for tax year 2023

Filed by VIRTU-WEST JERSEY HEALTH SYSTEM INC.

Totals

Total revenue
$1,136,007,248
Total expenses
$913,724,423
Contributions and grants received
$2,663,558
Grants paid
$0
Program service revenue
$1,016,667,258
Investment income
$66,152,905
Other revenue
$50,523,527
Total assets, end of year
$2,785,741,092
Total liabilities, end of year
$949,433,046
Net assets or fund balances, end of year
$1,836,308,046
Program services expenses (Part IX)
$775,404,754
Management and general expenses
$138,319,669
Fundraising expenses
$0
Program service expenses (Part III)
$775,404,754

Program services were 84.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • DENNIS W PULLIN

    PRESIDENT/CEO (END 7/31/23)

    Total calculated
    $3,487,539
    From this org
    $0
    From related orgs
    $3,429,773
    Other
    $57,766
    Hours/week
    0.1 + 41.6 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,818,689 related
    Bonus
    $0 + $1,599,084 related
    Other
    $0 + $12,000 related
    Deferred
    $0 + $14,850 related
    Nontaxable benefits
    $0 + $42,916 related
    Filer's total
    $0 + $3,487,539 related

  • STEPHANIE FENDRICK START 823

    TRUSTEE - EVP & CHIEF STRATEGY OFF.

    Total calculated
    $973,993
    From this org
    $0
    From related orgs
    $956,933
    Other
    $17,060
    Hours/week
    0.1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $587,293 related
    Bonus
    $0 + $335,140 related
    Other
    $0 + $34,500 related
    Deferred
    $0 + $14,850 related
    Nontaxable benefits
    $0 + $2,210 related
    Filer's total
    $0 + $973,993 related

  • DR CRAIG ZARETSKY

    TRUSTEE - PHYSICIAN (START 8/1/23)

    Total calculated
    $1,011,930
    From this org
    $0
    From related orgs
    $951,314
    Other
    $60,616
    Hours/week
    0.1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $777,569 related
    Bonus
    $0 + $142,245 related
    Other
    $0 + $31,500 related
    Deferred
    $0 + $14,850 related
    Nontaxable benefits
    $0 + $45,766 related
    Filer's total
    $0 + $1,011,930 related

  • PAUL MINNICK START 8123

    TRUSTEE - SVP & COO VOORH & MARL HOSP

    Total calculated
    $575,053
    From this org
    $528,289
    From related orgs
    $0
    Other
    $46,764
    Hours/week
    40.1

    Schedule J breakdown matched by us

    Base
    $404,168
    Bonus
    $115,121
    Other
    $9,000
    Deferred
    $14,850
    Nontaxable benefits
    $31,914
    Filer's total
    $575,053

  • DENNIS FLANAGAN

    CHAIR (START 8/1/23)

    Total calculated
    $0
    Hours/week
    0.1

  • DR STEPHEN GOLDFINE

    TRUSTEE (START 8/1/23)

    Total calculated
    $0
    Hours/week
    0.1

  • EDWARD B CLOUES

    CHAIR (END 7/31/23)

    Total calculated
    $0
    Hours/week
    0.1 + 1.4 related

  • JAMES DWYER DO

    VICE CHAIR (END 7/31/23)

    Total calculated
    $0
    Hours/week
    0.1 + 1.5 related

  • PATRICIA CODEY

    TRUSTEE (END 7/31/23)

    Total calculated
    $0
    Hours/week
    0.1 + 1.4 related

  • ELAINE DAMM

    TRUSTEE (END 7/31/23)

    Total calculated
    $0
    Hours/week
    0.1 + 1.4 related

  • LESLIE DONATO

    TRUSTEE (END 7/31/23)

    Total calculated
    $0
    Hours/week
    0.1 + 1.4 related

  • DAMIEN GHEE START 13123

    TRUSTEE (END 7/31/23)

    Total calculated
    $0
    Hours/week
    0.1 + 2.4 related

  • GRAYLING JOHNSON

    TRUSTEE (END 7/31/23)

    Total calculated
    $0
    Hours/week
    0.1 + 1.4 related

  • SANIAH JOHNSON

    TRUSTEE (END 7/31/23)

    Total calculated
    $0
    Hours/week
    0.1 + 1.4 related

  • PRATAP KHEDKAR

    TRUSTEE (END 7/31/23)

    Total calculated
    $0
    Hours/week
    0.1 + 1.4 related

  • DAVID KINDLICK

    TRUSTEE (END 7/31/23)

    Total calculated
    $0
    Hours/week
    0.1 + 1.4 related

  • GEORGE LYNN

    TRUSTEE (END 7/31/23)

    Total calculated
    $0
    Hours/week
    0.1 + 1.4 related

  • FAYE MELOY

    TRUSTEE (END 7/31/23)

    Total calculated
    $0
    Hours/week
    0.1 + 1.4 related

  • JOHN PARKER

    TRUSTEE (END 7/31/23)

    Total calculated
    $0
    Hours/week
    0.1 + 2.4 related

  • ADOLFO PIPERNO

    TRUSTEE (END 7/31/23)

    Total calculated
    $0
    Hours/week
    0.1 + 1.4 related

  • STACY ROBINSON

    TRUSTEE (END 7/31/23)

    Total calculated
    $0
    Hours/week
    0.1 + 1.4 related

  • MARVIN SAMSON

    TRUSTEE (END 7/31/23)

    Total calculated
    $0
    Hours/week
    0.1 + 1.4 related

  • CHARLES VILA

    TRUSTEE (END 7/31/23)

    Total calculated
    $0
    Hours/week
    0.1 + 1.4 related

  • ROBERT M SEGIN

    TREASURER - EVP/CFO (END 7/31/23)

    Total calculated
    $1,282,262
    From this org
    $0
    From related orgs
    $1,237,401
    Other
    $44,861
    Hours/week
    0.1 + 41.7 related

    Schedule J breakdown matched by us

    Base
    $0 + $786,100 related
    Bonus
    $0 + $416,801 related
    Other
    $0 + $34,500 related
    Deferred
    $0 + $14,850 related
    Nontaxable benefits
    $0 + $30,011 related
    Filer's total
    $0 + $1,282,262 related

  • LAUREN ROWINSKI END 73123

    SECRETARY-SVP & CHIEF LEGAL OFFICER (END 7/31/23)

    Total calculated
    $896,292
    From this org
    $0
    From related orgs
    $854,261
    Other
    $42,031
    Hours/week
    0.1 + 41.4 related

    Schedule J breakdown matched by us

    Base
    $0 + $580,181 related
    Bonus
    $0 + $265,080 related
    Other
    $0 + $9,000 related
    Deferred
    $0 + $14,850 related
    Nontaxable benefits
    $0 + $27,181 related
    Filer's total
    $0 + $896,292 related

  • HEIDI BAUR

    VP CNO - VOORH & MARL HOSPITAL

    Total calculated
    $393,034
    From this org
    $362,378
    From related orgs
    $0
    Other
    $30,656
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $287,369
    Bonus
    $66,009
    Other
    $9,000
    Deferred
    $14,850
    Nontaxable benefits
    $15,806
    Filer's total
    $393,034

  • ERIK N DELUE

    VP CMO - VOORH & MARL HOSPITAL

    Total calculated
    $476,338
    From this org
    $460,248
    From related orgs
    $0
    Other
    $16,090
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $366,494
    Bonus
    $84,754
    Other
    $9,000
    Deferred
    $13,339
    Nontaxable benefits
    $2,751
    Filer's total
    $476,338

  • RICHARD PALUZZI

    MEDICAL DIRECTOR

    Total calculated
    $433,018
    From this org
    $403,222
    From related orgs
    $0
    Other
    $29,796
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $310,008
    Bonus
    $84,214
    Other
    $9,000
    Deferred
    $13,958
    Nontaxable benefits
    $15,838
    Filer's total
    $433,018

  • LING QI PAN

    REGISTERED NURSE (RN)-JNES

    Total calculated
    $382,873
    From this org
    $382,873
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $382,723
    Bonus
    $150
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $382,873

  • JOSEPH V ABAT

    REGISTERED NURSE (RN)-JNES

    Total calculated
    $295,086
    From this org
    $293,936
    From related orgs
    $0
    Other
    $1,150
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $288,117
    Bonus
    $500
    Other
    $5,319
    Deferred
    $0
    Nontaxable benefits
    $1,150
    Filer's total
    $295,086

  • ANGELA BARODY

    VP HOME HEALTH

    Total calculated
    $337,099
    From this org
    $286,184
    From related orgs
    $0
    Other
    $50,915
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $222,374
    Bonus
    $54,810
    Other
    $9,000
    Deferred
    $8,908
    Nontaxable benefits
    $42,007
    Filer's total
    $337,099

  • JOHN M MATSINGER

    EVP/COO (END 7/31/23)

    Total calculated
    $1,598,426
    From this org
    $0
    From related orgs
    $1,541,855
    Other
    $56,571
    Hours/week
    0 + 40.3 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,006,349 related
    Bonus
    $0 + $509,256 related
    Other
    $0 + $26,250 related
    Deferred
    $0 + $14,850 related
    Nontaxable benefits
    $0 + $41,721 related
    Filer's total
    $0 + $1,598,426 related

  • LISA C FERRARO

    SVP-CHIEF QUALITY SFTY RISK OFF. (END 7/31/23)

    Total calculated
    $479,692
    From this org
    $0
    From related orgs
    $437,894
    Other
    $41,798
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $324,656 related
    Bonus
    $0 + $81,738 related
    Other
    $0 + $31,500 related
    Deferred
    $0 + $14,850 related
    Nontaxable benefits
    $0 + $26,948 related
    Filer's total
    $0 + $479,692 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

  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

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
  • 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, LINE 4B
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
2023
Filed
13 November 2024
IRS schema version
2023v5.1
Source object
202413189349305156

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