Salem Physician Practices PC FY2020 filing

Tax-deductible

Salem, NJ501(c)(3)Health CareEIN 83-1552401

To provide primary care and specialty medical services in furtherance of the charitable tax-exempt purposes of salem county hospital corp; an irc 501(c)(3) tax-exempt org.

501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
$2.1M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $4.2M a year · 178% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2.1M
to officers and key staff · 19% of spending
Fine: pay to officers and key staff is 19% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.2 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$11.5M
871% of total assets
Concern: liabilities are 871% of assets; over 80%.
Pt X · Ln 26
Independent board members
0
of 1 voting members
Concern: none of 1 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.7M
Spent
$11.1M
To programs
90%
Net assets
−$10.2M
By yearFY2020–FY2024
Revenue
$4.7M
FY2020
Revenue by fiscal year
FY2020$4.7M
FY2021$3.4M
FY2022$2.9M
FY2023$824K
FY2024$0
Expenses
$11.1M
FY2020
Expenses by fiscal year
FY2020$11.1M
FY2021$8.5M
FY2022$8.8M
FY2023$4.6M
FY2024$131K
Net assets
−$10.2M
FY2020
Net assets by fiscal year
FY2020−$10.2M
FY2021−$15.3M
FY2022−$80K
FY2023−$3.9M
FY2024−$5.6M

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2018.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $10.0M Management & general 10% · $1.1M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

8 people listed on the 990; $2.1M paid to officers and key staff.

Part VII, Section A · reportable compensation
Trustee - President
$530,861Pt VII · Sec A
$499,304Pt VII · Sec A
Physician
$308,981Pt VII · Sec A
$267,146Pt VII · Sec A
$265,402Pt VII · Sec A
$192,879Pt VII · Sec A
CEO - Salem Medical Center
$0Pt VII · Sec A
CFO - Salem Medical Center
$0Pt VII · Sec A

Harish Kakkilaya MD’s $257K as Bariatric Surgeon is at the 94th percentile of top reported officer pay among 200 <$100K health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
Daniel S Timmerman DO Mph—$513,235$515,848$530,861
Mitchell C Bober DO—$500,854$479,526$499,304
Harish Kakkilaya MD$257,012$476,888$491,271$267,146
Michael Levy MD$140,415$384,889$369,316—
Henry C Ho MD$195,135$350,641$349,749$308,981
Paul R Kouyoumdji MD$108,487$243,049—$265,402
James E Hubbs DO——$247,169—
James E Hubbs MD———$192,879

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers primary and specialty medical care to the community.

Provided by the organization

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1 program service account for $10.0M of program spending, described in the organization's own filed words · FY2020.
01

Expenses incurred to provide primary care and specialty medical services in furtherance of the charitable tax-exempt purposes of salem medical center; an internal revenue code section 501(c)(3) tax-exempt hospital organization.

$10.0Mprogram expense

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By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$4.7M
Ln 12
Fees for servicesLn 2g$5.1M
Gifts and grantsLn 1h$255K
Money outPt IX
$11.1M
Ln 25
Programscol B$10.0M
Managementcol C$1.1M
Owns and owesPt X
−$10.2M
net assets · Ln 32
Cash and savingsLn 1–2$198K
Total assetsLn 16$1.3M
LiabilitiesLn 26$11.5M
PeoplePt VI, VII
8
listed · VII A
PaidVII A6
Voting boardVI 1a1
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$255K
Government grantsLn 1e$255K
Fees for servicesLn 2g$5.1M
Gains on assetsLn 7$0
Total revenueLn 12$4.7M
Assets in detailPt X, end of year
CashLn 1$198K
SavingsLn 2$0
Cash and savings togetherLn 1–2$198K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$54K
Other assetsLn 15$12K
Total assetsLn 16$1.3M
LiabilitiesLn 26$11.5M
Net assetsLn 32−$10.2M
OperationsPt I, VI
EmployeesI 545
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$50K$198K
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$80K$54K
Total assetsLn 16$1.3M$2.1M
LiabilitiesLn 26$5.2M$11.5M
Net assetsLn 32−$3.8M−$9.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$551K$496K$55K$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$2.9M$2.6M$292K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$370K$333K$37K
Payroll taxesLn 10$224K$201K$22K
Management feesLn 11a$91K$82K$9K
Legal feesLn 11b$880$792$88
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$5.2M$4.7M$523K$0
Advertising and promotionLn 12$0
Office expensesLn 13$88K$79K$9K
Information technologyLn 14$364K$328K$36K
RoyaltiesLn 15$0
OccupancyLn 16$740K$666K$74K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$4K$3K$388
InterestLn 20$2K$1K$158
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$27K$24K$3K
InsuranceLn 23$101K$91K$10K
Other expenses (24a–d)Ln 24$438K$394K$44K
Total functional expensesLn 25$11.1M$10.0M$1.1M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $0$131K−$131K−$5.6M 990 PDF
FY2023 $824K$4.6M−$3.8M−$3.9M 990 PDF
FY2022 $2.9M$8.8M−$5.8M−$80K 990 PDF
FY2021 $3.4M$8.5M−$5.1M−$15.3M 990 PDF
FY2020 Viewing $4.7M$11.1M−$6.4M−$10.2M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $5,544,394 across 10 lines filed
VIII-1e Government grants$255,262
VIII-1f All other contributions, gifts and grants$0
VIII-1h Total contributions, gifts and grants$255,262
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $5,119,957$5,119,957
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or lossExcluded from tax $169,175$169,175
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $5,119,957 · Unrelated business $0 · Excluded from tax $169,175$5,544,394
Part IX · Statement of functional expenses $11,147,230 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $496,027 · Management $55,114 · Fundraising $0$551,141
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $2,623,971 · Management $291,552$2,915,523
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $333,360 · Management $37,040$370,400
IX-10 Payroll taxesPrograms $201,167 · Management $22,352$223,519
IX-11a Management feesPrograms $81,623 · Management $9,069$90,692
IX-11b Legal feesPrograms $792 · Management $88$880
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $4,708,993 · Management $523,221 · Fundraising $0$5,232,214
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $79,143 · Management $8,794$87,937
IX-14 Information technologyPrograms $327,653 · Management $36,406$364,059
IX-15 Royalties$0
IX-16 OccupancyPrograms $665,604 · Management $73,957$739,561
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $3,492 · Management $388$3,880
IX-20 InterestPrograms $1,417 · Management $158$1,575
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $24,315 · Management $2,702$27,017
IX-23 InsurancePrograms $91,043 · Management $10,116$101,159
IX-24 Other expenses (24a–d)Programs $393,905 · Management $43,768$437,673
IX-25 Total functional expensesPrograms $10,032,505 · Management $1,114,725 · Fundraising $0$11,147,230
Part X · Balance sheet $2,125,323 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $50,259$198,328
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $1,037,373$1,719,643
X-8 Inventories for sale or useStart of year $98,183$98,183
X-9 Prepaid expenses and deferred chargesStart of year $58,914$43,064
X-10c Land, buildings and equipment, netStart of year $79,942$53,666
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $12,649$12,439
X-16 Total assetsStart of year $1,337,320$2,125,323
X-17 Accounts payable and accrued expensesStart of year $1,895,299$3,205,212
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$485,094
X-25 Other liabilitiesStart of year $3,261,734$7,857,566
X-26 Total liabilitiesStart of year $5,157,033$11,547,872
X-27 Net assets without donor restrictionsStart of year −$3,819,713−$9,422,549
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year −$3,819,713−$9,422,549
X-33 Total liabilities and net assetsStart of year $1,337,320$2,125,323
Part XI · Reconciliation of net assets −$9,422,549 net assets at year end
XI-1 Total revenue$5,544,394
XI-2 Total expenses$11,147,230
XI-3 Revenue less expenses−$5,602,836
XI-4 Net assets at start of year−$3,819,713
XI-10 Net assets at end of year−$9,422,549

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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