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PRINCETON HEALTHCARE SYSTEM INC

EIN 22-3493256 PLAINSBORO, NJ

Revenue 2024
$1,065,801
Expenses 2024
$151,467

Program services were 90.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
E21Z
Classification
1000
Street
1 PLAINSBORO RD

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

THE ORGANIZATION ACTS AS THE TAX-EXEMPT PARENT HOLDING COMPANY OF A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY SYSTEM THAT PROVIDES MEDICALLY NECESSARY HEALTHCARE SERVICES TO ALL INDIVIDUALS IN A NON-DISCRIMINATORY MANNER REGARDLESS OF RACE, COLOR, CREED, SEX, NATIONAL ORIGIN OR ABILITY TO PAY. PLEASE REFER TO THE ORGANIZATION'S COMMUNITY BENEFIT STATEMENT INCLUDED IN SCHEDULE O.

Activities or mission (Part I)

THE ORGANIZATION ACTS AS THE PARENT HOLDING COMPANY OF A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY SYSTEM THAT PROVIDES MEDICALLY NECESSARY HEALTHCARE SERVICES TO INDIVIDUALS.

  • SEE SCHEDULE O

    Expenses $136,320 · Revenue $1,065,801

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Kevin B Mahoney

    TRUSTEE - CEO-UPHS

    Total calculated
    $3,329,164
    From this org
    $0
    From related orgs
    $2,954,787
    Other
    $374,377
    Hours/week
    1 + 54 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,880,100 related
    Bonus
    $0 + $1,029,800 related
    Other
    $0 + $44,887 related
    Deferred
    $0 + $352,800 related
    Nontaxable benefits
    $0 + $21,577 related
    Filer's total
    $0 + $3,329,164 related

  • Robert Vonderheide MD

    TRUSTEE

    Total calculated
    $1,186,473
    From this org
    $0
    From related orgs
    $1,133,945
    Other
    $52,528
    Hours/week
    1 + 1 related

    Schedule J breakdown matched by us

    Base
    $0 + $450,483 related
    Bonus
    $0 + $299,865 related
    Other
    $0 + $383,597 related
    Deferred
    $0 + $34,500 related
    Nontaxable benefits
    $0 + $18,028 related
    Filer's total
    $0 + $1,186,473 related

  • James G Demetriades

    TRUSTEE- PRESIDENT & CEO

    Total calculated
    $952,926
    From this org
    $0
    From related orgs
    $855,051
    Other
    $97,875
    Hours/week
    1 + 54 related

    Schedule J breakdown matched by us

    Base
    $0 + $533,355 related
    Bonus
    $0 + $230,020 related
    Other
    $0 + $91,676 related
    Deferred
    $0 + $79,500 related
    Nontaxable benefits
    $0 + $18,375 related
    Filer's total
    $0 + $952,926 related

  • Guilherme Valladares MBA

    ASSISTANT TREASURER

    Total calculated
    $520,203
    From this org
    $0
    From related orgs
    $489,159
    Other
    $31,044
    Hours/week
    1 + 54 related

    Schedule J breakdown matched by us

    Base
    $0 + $400,344 related
    Bonus
    $0 + $87,550 related
    Other
    $0 + $1,265 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $31,044 related
    Filer's total
    $0 + $520,203 related

  • Rosemarie Costagliola

    ASSISTANT SECRETARY

    Total calculated
    $25,696
    From this org
    $0
    From related orgs
    $25,667
    Other
    $29
    Hours/week
    5 + 50 related

  • Anthony Kuczinski

    TRUSTEE- CHAIRMAN

    Total calculated
    $0
    Hours/week
    1 + 4 related

  • Calvin L Butts Jr

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Heather M Van Raalte MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Kim Pimley

    EX-OFFICIO TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Leonard Grossman MD

    TRUSTEE - UNTIL 3/25

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Lori Feldstein

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Michael Mardy

    TRUSTEE- TREASURER

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • Myron M Gellman

    TRUSTEE - VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • Philip Carchman

    TRUSTEE - SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • Samit Hirawat MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • W Thomas Gutowski MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Aline M Holmes Dnp Msn RN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • William G Hynick Jr

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Elliot A Krauss MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Tara Oakman PhD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Alexander Wolfson MD

    TRUSTEE - UNTIL 3/25

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • Donald Hoffmann

    EX-OFFICIO TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $1,065,801
    Expenses
    $151,467
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $3,964,512
    Expenses
    $2,416,181
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $2,345,047
    Expenses
    $1,488,374
    Contributions
    $0
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $5,611,367
    Expenses
    $2,394,648
    Assets (EOY)
    $3,760,958

  • 2020 · 990

    Revenue
    $4,945,868
    Expenses
    $4,427,324
    Assets (EOY)
    $6,543,173

  • 2019 · 990

    Revenue
    $985,606
    Expenses
    $1,790,913
    Assets (EOY)
    $2,265,029

  • 2018 · 990

    Revenue
    $5,382,517
    Expenses
    $7,873,858
    Assets (EOY)
    $4,885,711

  • 2017 · 990

    Revenue
    $537,486
    Expenses
    $0
    Assets (EOY)
    $3,801,965

  • 2016 · 990

    Revenue
    $1,050,198
    Expenses
    $0
    Assets (EOY)
    $3,264,479

  • 2015 · 990

    Revenue
    $814,219
    Expenses
    $0
    Assets (EOY)
    $2,214,281

  • 2014 · 990

    Revenue
    -$60,784
    Expenses
    $0
    Assets (EOY)
    $1,400,062

  • 2013 · 990

    Revenue
    -$57,102
    Expenses
    $0
    Assets (EOY)
    $1,460,846

  • 2012 · 990

    Revenue
    not reported
    Expenses
    $0
    Assets (EOY)
    $1,517,948

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

The first 25 as filed. The return lists every one.

Declared as related by

The most recent declarers. The API serves every row.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Disregarded entities on its 2024 return

  • PRINCETON URBAN RENEWAL LLC

    HEALTHCARE · NJ · income $0 · assets $0

  • PRINCETON HEALTHCARE PARTNERS LLC

    HEALTHCARE · NJ · income $0 · assets $0

  • PRINCETON HEALTHCARE PARTNERS CIN LLC

    HEALTHCARE · NJ · income $138,342 · assets $0

Related partnerships on its 2024 return

  • PDCP 1740 FUND LP

    INVESTMENT · IL

  • CYRUS 1740 FUND LP

    INVESTMENT · NY

  • CYRUS 1740 MASTER FUND LP

    INVESTMENT · CJ

  • DVG 1740 FUND LP

    INVESTMENT · CT

  • EAST MARSHALL STREET PARTNERSHIP LP

    INVESTMENT · PA

  • FERN HILL PARTNERSHIP III LP

    RENTAL · PA

  • FERN HILL LLC

    RENTAL · PA

  • GALLOPAVO LP

    INVESTMENT · TX

  • JOG V C LIMITED PARTNERSHIP

    INVESTMENT · CA

  • JOG VI C LIMITED PARTNERSHIP

    INVESTMENT · CA

  • KINGSTOWN 1740 FUND LP

    INVESTMENT · NY

  • LANCASTER PET PARTNERSHIP LLP

    MEDICAL SERVICES · PA

  • LG HEALTH COMM CARE COLLAB II

    ACO · PA

  • LG HEALTH COMMUNITY CARE COLLABORATIVE

    ACO · PA

  • MRI GROUP LLP

    MEDICAL SERVICES · PA

  • NEIGHBRHD PRES & DEV FUND LP

    RENTAL · PA

  • OAKLANDS WAY MEDICAL BUILDING ASSOCIATES

    RENTAL · PA

  • SRP INVESTORS FUND A LP

    INVESTMENT · TX

  • TURK'S HEAD SURGERY CENTER

    MEDICAL SERVICES · PA

  • ST-TO RIBBIT OPPORTUNITY V LLC

    INVESTMENT · CA

  • UNIVERSA BLACK SWAN PROTECTION PROTOCOL

    INVESTMENT · FL

  • AXIS UKA GP LLC

    INVESTMENT · PA

  • LIFT REAL ESTATE PARTNERS FUND II LP

    INVESTMENT · CA

  • BEXP II (PARALLEL) LP

    INVESTMENT · TX

  • FORERUNNER BUILDERS F-G LP

    INVESTMENT · CA

The first 25 as filed. The return lists the rest.

Related corporations and trusts on its 2024 return

  • ARCM 1740 LTD

    C-CORP · INVESTMENTS · CJ

  • CLINICAL HEALTH CARE ASSOC OF NJ PC

    C-CORP · PHYS MANAGEMENT · PA

  • DELANCEY CORPORATION

    C-CORP · RENTAL · PA

  • FRANKLIN CASUALTY INSURANCE CO

    C-CORP · INSURANCE · VT

  • NAYA 1740 FUND LTD

    C-CORP · INVESTMENTS · CJ

  • PENN MEDICINE LONDON LIMITED

    LIMITED COMPANY · NETWORKING · UK

  • PENN WHARTON CONSULTING (BEIJING) CO LTD

    C-CORP · BUS. CONSULTING · CH

  • PHI PHARMACY INC

    C-CORP · INACTIVE · NJ · 100% owned · share of income $0 · share of assets $0

  • PRINCETON HEALTH INC & SUBS

    C-CORP · MEDICAL · NJ · 100% owned · share of income $839,103 · share of assets $9,235,646

  • QUAKER INSURANCE COMPANY LTD

    C-CORP · SELF-INSURANCE · BD

  • THE PAM 1740 FUND LTD

    C-CORP · INVESTMENTS · CJ

  • TURK'S HEAD HEALTH SERVICES INC

    C-CORP · MEDICAL SERVICES · PA

  • UPENN HOSPITALITY INC

    C-CORP · HOTEL/RESTAURANT · PA

  • CYRUS 1740 FUND LTD

    LIMITED COMPANY · INVESTMENTS · CJ

  • CLINICAL HEALTHCARE ASSOC OF NJ SP PC

    C-CORP · PHYS MANAGEMENT · PA

  • DH PHYSICIANS AMBULATORY SERVICES

    C-CORP · MEDICAL SERVICES · PA

  • COVERED BRIDGE RECIP RISK RETENTION GRP

    C-CORP · FINANCIAL VEHICLE · SC

  • FRANKLIN HOLDINGS 1740 FUND LTD

    LIMITED COMPANY · INVESTMENTS

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility SOUNK.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.