Centrastate Holding Company Inc

Nonprofit profile at a glance

EIN
851112301
IRS 990-EZ coverage
2024–2024
Forms available
Form 990-EZ 2024
Location
Freehold, NJ, USA
Phone
7322947050
Rating confidence
Limited
Sector
Single Organization Support

Official website

Reported finances

Revenue
$0
Expenses
$0
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

20 people listed

Executive titles in this filing

  • THOMAS W SCOTT FACHE FABC (DIRECTOR-PRESIDENT/CEO)

People named in this filing

  • NADIA K BATCHELOR (CHAIR - DIRECTOR)
  • MAUREEN M LAWRENCE (VICE CHAIR - DIRECTOR)
  • BARBARA J MCMORROW (SECRETARY/TREASURER - DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization holds a forty-nine percent (49%) interest in centrastate healthcare system, inc., a New Jersey nonprofit corporation, recognized by the IRS as an organization described in section 501(c)(3) of the internal revenue code of 1986 as amended ("the code"). This entity controls various affiliates dedicated to providing medical and healthcare services to all residents of freehold, New Jersey without regard to ability to pay, including centrastate medical center, an acute care medical center located in freehold, New Jersey and recognized by the IRS as an organization described in section 501(c)(3) of the code as well as other nonprofit and for-profit entities. The remaining fifty-one percent (51%) interest is owned by atlantic health system, inc., a New Jersey nonprofit corporation, recognized by the IRS as an organization described in section 501(c)(3) of the code. The taxpayer nominates the class c board of trustees for centrastate healthcare system, inc. And evaluates compl

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 55
  • Sustainability: NotEnoughData
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 66.7%; rating input score 67; 1st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 20 people listed
  • Consistency: 6 of 7 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.