THE COOPER HEALTH SYSTEM A NEW JERSEY NON-PROFIT CORPORATION (EIN 210634462) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1875

Legal Domicile

Principal Officer

KEVIN O'DOWD

Phone

8563422000

Tax Period

2024-01-01 to 2024-12-31

THE COOPER HEALTH SYSTEM A NEW JERSEY NON-PROFIT CORPORATION, founded in 1875, is a large national nonprofit in the Health Care sector that reported $2.6B in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $2.3B left a modest 9% surplus.

Mission

TO SERVE, TO HEAL, TO EDUCATE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $74,936,248

Program Service Revenue $2,391,541,266

Investment Income $56,798,196

Other Revenue $26,753,481

TOTAL REVENUE $2,550,029,191

Expense Breakdown

Grants Paid $1,297,175

Salaries & Benefits $1,372,849,762

Fundraising Expenses $0

Program Expenses $2,001,194,395

Other Expenses $954,589,443

TOTAL EXPENSES $2,328,736,380

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,550,029,191	$2,311,381,212	+0.1%
Expenses	$2,328,736,380	$2,065,135,564	+0.1%
Net Income	$221,292,811	$246,245,648	-0.1%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

12859

Volunteers

889

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✓ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$12,268,749

Total Directors

$10,409,864

Key Employees

$3,821,832

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEVIN O'DOWD JD	CO-PRESIDENT/CEO	50.00	Officer Director	$3,143,641	$254,499	$3,398,140
ANTHONY MAZZARELLI MDJDMBE	CO-PRESIDENT/CEO	50.00	Officer Director	$3,043,351	$254,228	$3,297,579
GENEROSA GRANA MD	TRUSTEE/DIR ANDERSON CANCER CENTR	52.00	Director	$1,175,845	$32,315	$1,208,160
ROLAND SCHWARTING MD	TRUSTEE/CHIEF, PATHOLOGY	52.00	Director	$911,999	$21,741	$933,740
MICHAEL E CHANSKY MD	TRUSTEE / CHIEF, EMERGENCY MED	55.00	Director	$727,454	$42,310	$769,764
STEVEN E ROSS MD	TRUSTEE/PHYSICIAN DIRECTOR	10.00	Director	$80,623	$0	$80,623
GEORGE E NORCROSS III	CHAIRMAN OF THE BOARD/TRUSTEE	3.00	Officer Director	$0	$0	$0
PETER S AMENTA MD PHD	TRUSTEE	3.00	Director	$0	$0	$0
SIDNEY R BROWN	TRUSTEE	3.00	Director	$0	$0	$0
LEON D DEMBO ESQ	TRUSTEE	3.00	Director	$0	$0	$0
FAUSTINO FERNANDEZ-VINA ESQ	TRUSTEE	3.00	Director	$0	$0	$0
CHARLES W FOULKE III	TRUSTEE	3.00	Director	$0	$0	$0
PHOEBE A HADDON JD LLM	TRUSTEE (THRU 05/2024)	3.00	Director	$0	$0	$0
MICHAEL GOODMAN MD	TRUSTEE, PRES MED STAFF	52.00	Director	$653,500	$68,358	$721,858
RON JAWORSKI	TRUSTEE (AS OF 01/2024)	3.00	Director	$0	$0	$0
DUANE D MYERS	TRUSTEE	3.00	Director	$0	$0	$0
PHILIP A NORCROSS ESQ	TRUSTEE	3.00	Director	$0	$0	$0
CHERYL NORTON	TRUSTEE	3.00	Director	$0	$0	$0
ANNETTE REBOLI MD	TRUSTEE	3.00	Director	$0	$0	$0
KRIS SINGH PHD	TRUSTEE (THRU 05/2024)	3.00	Director	$0	$0	$0
RICHARD T SMITH	TRUSTEE (AS OF 04/2024)	3.00	Director	$0	$0	$0
HARVEY A SNYDER MD	TRUSTEE	3.00	Director	$0	$0	$0
SUSAN WEINER	TRUSTEE (THRU 05/2024)	3.00	Director	$0	$0	$0
WILLIAM WENZEL	TRUSTEE (AS OF 12/2024)	3.00	Director	$0	$0	$0
ELI WINKLER	TRUSTEE (AS OF 01/2024)	3.00	Director	$0	$0	$0
BRIAN REILLY	CHIEF FINANCIAL OFFICER	53.00	Officer	$1,668,456	$166,779	$1,835,235
ERIC KUPERSMITH MD	SVP, CHIEF PHYS. EXEC HOSPITALIST	55.00	Officer	$1,342,066	$174,907	$1,516,973
SEAN MURPHY	SR EVP/GENERAL COUNSEL/BD.SEC	55.00	Officer	$895,677	$60,358	$956,035
KATHLEEN DEVINE DRNP NEA-BC	SVP/CHIEF NURSING OFFICER	55.00	Officer	$583,717	$30,939	$614,656
JOHN VAZQUEZ	SECRETARY (AS OF 04/2024)	35.00	Officer	$625,384	$24,747	$650,131
JEFFREY P CARPENTER MD	CHIEF, DEPARTMENT OF SURGERY	55.00	Key Emp	$886,341	$42,823	$929,164
ROBIN L PERRY MD	CHIEF, DEPT OF OB GYN	55.00	Key Emp	$837,160	$35,262	$872,422
ROBERT HOCKEL	SVP, OPERATIONS	55.00	Key Emp	$623,722	$79,507	$703,229
ELIZABETH GREEN	SVP HUMAN RESOURCE	54.00	Key Emp	$594,067	$81,940	$676,007
KENNETH M WRIGHT	SVP/CHIEF ACCTG OFFICER	49.00	Key Emp	$577,015	$63,995	$641,010
MICHAEL ROSENBLOOM MD	DIRECTOR COOPER HEART INSTITUTE	55.00	Highest	$1,812,120	$49,642	$1,861,762
ADAM ELFANT MD	DIVISION HEAD, GASTROENTEROLOGY	55.00	Highest	$1,603,937	$52,545	$1,656,482
FRANK W BOWEN III MD	DIRECTOR, THORACIC SURGICAL ONCO	55.00	Highest	$1,481,701	$70,071	$1,551,772
MICHAEL SABIA MD	DIVISION HEAD, PAIN MANAGEMENT	55.00	Highest	$1,304,377	$45,602	$1,349,979
DANIEL TONETTI MD	DIRECTOR CV NEUROSURGERY	55.00	Highest	$1,982,197	$45,602	$2,027,799
GARY LESNESKI	SPECIAL COUNSEL	20.00		$337,738	$34,109	$371,847
DINA MATHEWS-LAURENDEAU	FORMER BOARD SEC/FDN DIR OF DVLPMT	0.00		$154,143	$30,397	$184,540

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$2,550,029,191	$2,328,736,380	$2,736,559,069	$221,292,811
2023	$2,311,381,212	$2,065,135,564	$2,521,059,995	$246,245,648
2022	$2,041,378,524	$1,848,133,661	$2,148,816,587	$193,244,863
2021	$1,850,681,665	$1,645,377,496	$1,972,998,916	$205,304,169
2020	$1,562,944,114	$1,499,583,700	$1,794,664,163	$63,360,414
2019	$1,486,491,479	$1,416,558,674	$1,520,405,762	$69,932,805
2018	$1,382,363,378	$1,320,768,707	$1,253,765,162	$61,594,671

THE COOPER HEALTH SYSTEM A NEW JERSEY NON-PROFIT CORPORATION