Liberty Healthcare System Inc

Nonprofit profile at a glance

EIN
223113960
IRS 990-EZ coverage
2017–2018
Forms available
Form 990 2016, Form 990-EZ 2018
Location
Jersey City, NJ, USA
Phone
9733224032
Rating confidence
Limited
Sector
Community Health Systems

Official website

Reported finances

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

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

23 people listed

People named in this filing

  • ROBERT E MARGULIES ESQ (CHAIRMAN - TRUSTEE)
  • THOMAS M GALLAGHER (VICE CHAIRMAN - TRUSTEE)
  • GARY B SCHERMERHORN (SECRETARY - TRUSTEE)

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 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The irc section 501(c)(3) tax-exempt parent of the legacy liberty healthcare system; prior to affiliation with rwjbarnabas health. Liberty's mission was to improve the health status of area residents through a full range of healthcare programs and services and to offer them with compassion and dignity. As a not-for-profit integrated healthcare delivery system, liberty provided the region with a wide range of medically necessary health services, from high technology infant and adult care to in-hospital rehabilitation and home care services. Although this entity is inactive, these services continue under rwj barnabas health, inc., jersey city medical center and other tax-exempt affiliates.

What it reported doing in 2018

Prior to becoming an affiliate within rwjbarnabas health; a tax-exempt integrated healthcare delivery system, this organization incurred expenses in acting as a holding company. Liberty's mission was to improve the healthcare status of area residents through a full range of healthcare programs and services and to offer them with compassion and dignity. As a not-for-profit integrated healthcare delivery system, liberty provided the region with a wide range of medically necessary healthcare services, from high technology infant and adult care to in-hospital rehabilitation and home care services. Although this entity is inactive, these services continue under rwj barnabas health, inc., jersey city medical center and other tax-exempt affiliates. Affiliates.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

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: 72
  • Sustainability: NotEnoughData
  • Growth: 0

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 87.5%; rating input score 88; 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: -27.2% per year; rating input score 0; 11th percentile among comparable filings
  • Asset growth: -33.7% per year; rating input score 0; 6th percentile among comparable filings

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 · 23 people listed
  • Consistency: 5 of 6 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2017 to 2018
  • Contacts: How to reach this organization
  • Related organizations: 99 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 — Transparency & Controls: Series filing activity did not reconcile in the filed values.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.