Englewood Hospital and Medical Center Foundation Inc

Nonprofit profile at a glance

EIN
223367281
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-N 2021
Location
Englewood, NJ, USA
Phone
2018943037
Rating
65
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Public Foundations

Official website

Reported finances

Revenue
$17,885,872
Expenses
$8,579,629
Assets
$111,379,213
Liabilities
$3,038,981

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

Leadership & pay

48 people listed

Executive titles in this filing

  • WARREN GELLER (PRESIDENT/CEO ENG HEALTH)

Highest reported compensation

  • WARREN GELLER (PRESIDENT/CEO ENG HEALTH): $2,719,250 total reported compensation
  • ANTHONY T ORLANDO (TRUSTEE; EVP FINANCE/CFO): $1,223,592 total reported compensation
  • JAMES MCGINTY MD (TRUSTEE (EFF 10/10/2024)): $898,195 total reported compensation

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

Overview

Mission

Established in 1995, the englewood hospital and medical center foundation, inc. D/b/a englewood health foundation, is the not-for-profit organization that develops private resources to support the capital, endowment and annual operating needs of englewood hospital; a related internal revenue code section 501(c)(3) tax-exempt organization. Through its fundraising programs, special events, and outreach activities, englewood health foundation fosters community awareness of and investment in the hospital's healthcare programs and services. The generosity of the community has helped ensure quality patient care by supporting operating needs, funding new clinical programs, nursing scholarships, equipment and major capital projects.

What it reported doing in 2024

Expenses incurred in supporting the charitable purposes, programs and services of englewood health and affiliates; a tax-exempt integrated healthcare delivery system ("system") in its mission to provide the highest quality healthcare in the communities it serves. In particular, englewood hospital; a related internal revenue code section 501(c)(3) tax-exempt organization 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.

Operating model

Revenue model
Donor-supported. 86% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 41
  • Transparency & Controls: 73
  • Accountability: 88
  • Sustainability: 84
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 38.1%; rating input score 38
  • Program expense ratio: 52%; rating input score 52
  • Fundraising efficiency: $4.87 raised per $1 spent on fundraising; rating input score 20; 20th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 80%; rating input score 80; 16th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 52%; rating input score 94; 94th percentile among comparable filings
  • Total-asset coverage ratio: 12.98; rating input score 93; 93rd percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 88; 88th percentile among comparable filings
  • Officer compensation ratio: 11.3%; rating input score 16; 16th percentile among comparable filings

Growth

  • Program expense growth: 7.9% per year; rating input score 100; 61st percentile among comparable filings
  • Revenue growth: 4.3% per year; rating input score 100; 38th percentile among comparable filings
  • Asset growth: 11.5% per year; rating input score 100; 71st percentile among comparable filings

Details

  • Where the money goes: 38.1% of revenue deployed · 52% of spending went to programs
  • Governance: 28 of 35 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $4.5M in reported program spending
  • Leadership: top reported pay $2.7M · 48 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 3 contractors listed · $769K reported
  • Consistency: 31 of 31 current checks pass
  • Schedules: 10 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 9 filed related-organization links
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 38/100.
  • Review — Financial Efficiency: Program expense ratio scored 52/100.
  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Financial Efficiency: Fundraising efficiency scored 20/100.
  • High — Sustainability: Officer compensation ratio scored 16/100.