Inspira Health Network Foundation Cumberland/salem Inc
Nonprofit profile at a glance
- EIN
- 223746758
- IRS 990 coverage
- 2010–2019
- Forms available
- Form 990 2019
- Location
- Bridgeton, NJ, USA
- Phone
- 8566416605
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $3,144,461
- Expenses
- $1,628,588
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2019. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- JOHN A DIANGELO (DIRECTOR; PRESIDENT/CEO - IHN)
Highest reported compensation
- JOHN A DIANGELO (DIRECTOR; PRESIDENT/CEO - IHN): $2,141,205 total reported compensation
- THOMAS P BALDOSARO C (EVP/CHIEF FINANCIAL OFFICER): $670,908 total reported compensation
- MATTHEW DOONAN ESQ (GENERAL COUNSEL): $468,289 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Prior to its statutory merger on december 31, 2019, the mission of the inspira health network foundation cumberland/salem, inc. Was to inspire community giving to support inspira health network; a tax-exempt integrated healthcare delivery system and its facilities in its mission to provide the highest quality healthcare in the communities it served.
What it reported doing in 2019
Expenses incurred in supporting the charitable purposes, programs and services of inspira health network; a tax-exempt integrated healthcare delivery system, and its affiliates in its mission to provide the highest quality healthcare in the communities it serves. In particular, inspira medical centers, inc.; 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
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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 total spending goes to programs and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 56
- Transparency & Controls: 91
- Accountability: 92
- Sustainability: 45
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 66.5%; rating input score 66
- Program expense ratio: 55.5%; rating input score 56
- Fundraising efficiency: $1.49 raised per $1 spent on fundraising; rating input score 4; 4th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 71st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 86.7%; rating input score 87; 18th 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: 48.2%; rating input score 94; 94th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 29.9%; rating input score 4; 4th percentile among comparable filings
Growth
- Program expense growth: -6% per year; rating input score 0; 8th percentile among comparable filings
- Revenue growth: 7.9% per year; rating input score 100; 67th percentile among comparable filings
- Asset growth: -1.7% per year; rating input score 0; 15th percentile among comparable filings
Details
- Where the money goes: 66.5% of revenue deployed · 55.5% of spending went to programs
- Governance: 13 of 15 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $904K in reported program spending
- Leadership: top reported pay $2.1M · 20 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $113K reported
- Consistency: 26 of 26 current checks pass
- Schedules: 10 filed schedules · includes major donors, grants, and executive pay
- Filing history: 9 filing years from 2010 to 2019
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 20 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.
- Review — Financial Efficiency: Program expense ratio scored 56/100.
- High — Financial Efficiency: Fundraising efficiency scored 4/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 4/100.