RWJBarnabas Health

Nonprofit profile at a glance

EIN
842840311
IRS 990 coverage
2022–2024
Official website data refreshed
Jul 2026
Forms available
Form 990 2024, Form 990-T 2024
Location
Oceanport, NJ, USA
Phone
877-221-7809
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Group Health Practice (Health Maintenance Organizations)

Official website

Reported finances

Revenue
$542,981,156
Expenses
$542,981,156
Assets
$805,805,775
Liabilities
$471,083,510

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

Leadership & pay

2 people listed

Executive titles in this filing

  • RURIC C ANDERSON MD (TRUSTEE - PRESIDENT)

Highest reported compensation

  • RURIC C ANDERSON MD (TRUSTEE - PRESIDENT): $2,434,087 total reported compensation
  • JOHN F BONAMO MD MS (FORMER OFFICER): $545,192 total reported compensation

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

Overview

Mission

To support the charitable purposes, goals and objectives of RWJBarnabas Health, Inc. and its affiliates; a tax-exempt integrated healthcare delivery system. We are one of the only programs in the state to offer blood and marrow transplantation and CAR T-cell therapy for both adults and pediatrics and are home to the state’s only hospital-based proton therapy center. RWJBarnabas Health together with Rutgers Cancer Institute is also the highest volume pancreatic cancer surgery program in New Jersey. Our outstanding multidisciplinary teams of oncologists, nurses, oncology nurse navigators, and support professionals, ensure a compassionate, and comprehensive approach to diagnosing and treating all types of cancer. They work closely together to provide individualized treatment plans for each patient to address your specific cancer. Patients are provi.

What it reported doing in 2024

Expenses incurred in the provision of professional medical physician services without regard to ability to pay and in a charitable manner to support the goals and objectives of rwj barnabas health, inc. And its affiliates; a tax-exempt integrated healthcare delivery system. Rwjbh medical group, p.c.'s activities and charitable purposes include, without limitation, activities in furtherance of its affiliated tax-exempt hospitals and in support of providing access to needed medical services for individuals within the communities served by rwj barnabas health, inc. And its affiliates.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and program spending has grown recently. A relatively small share of voting board members are independent and the filing reports few safeguards for money sent abroad.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 57
  • Accountability: 37
  • Sustainability: 44
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 89.9%; rating input score 90
  • Program expense ratio: 90%; rating input score 90
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th 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: Scored; rating input score 0
  • Grant itemization coverage: Scored; rating input score 0
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 4th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • 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: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 0%; rating input score 29; 29th percentile among comparable filings
  • Total-asset coverage ratio: 1.48; rating input score 53; 53rd percentile among comparable filings
  • Liabilities to assets ratio: 0.58; rating input score 29; 29th percentile among comparable filings
  • Officer compensation ratio: 0.1%; rating input score 93; 93rd percentile among comparable filings

Growth

  • Program expense growth: 36.2% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: 36.2% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: 58.7% per year; rating input score 100; 99th percentile among comparable filings

Details

  • What they do: 2 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 89.9% of revenue deployed · 90% of spending went to programs
  • Governance: 0 of 1 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $488.7M in reported program spending
  • Leadership: top reported pay $2.4M · 2 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $529.5M reported
  • Consistency: 20 of 20 current checks pass
  • Schedules: 6 filed schedules · includes foreign activity and executive pay
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 115 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

  • High — Accountability: Independent voting board scored 0/100.
  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Transparency & Controls: Grant itemization coverage scored 0/100.
  • High — Sustainability: Operating margin scored 29/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 53/100.
  • High — Sustainability: Liabilities to assets ratio scored 29/100.