CAPE REGIONAL MEDICAL CENTER INC

EIN: 210662542 501(c)(3) Health Care

CAPE MAY COURT HOUSE, NJ

Total Revenue
$147,608,272
Total Expenses
$153,449,818
Total Assets
$144,050,694
Net Assets
$82,579,516
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1941
Legal Domicile
NJ
Principal Officer
MARK R GILL
Phone
6094632471
Tax Period
2023-01-01 to 2023-12-31

CAPE REGIONAL MEDICAL CENTER INC, founded in 1941, is a major nonprofit in the Health Care sector that reported $147.6M in total revenue in fiscal year 2023.

Mission

TO PROVIDE THE HIGHEST QUALITY HEALTHCARE TO OUR COMMUNITY.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,512,255
Program Service Revenue $131,512,872
Investment Income $9,111,925
Other Revenue $471,220
TOTAL REVENUE $147,608,272

Expense Breakdown

Grants Paid $14,542
Salaries & Benefits $77,097,671
Fundraising Expenses $0
Program Expenses $115,529,867
Other Expenses $76,337,605
TOTAL EXPENSES $153,449,818

Year-over-Year Comparison

2023 2022 Change
Revenue $147,608,272 $139,824,806 +0.1%
Expenses $153,449,818 $145,027,442 +0.1%
Net Income $-5,841,546 $-5,202,636 +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

Sign In

Governance

Voting Members
16
Independent Members
12
Employees
1278
Volunteers
159

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
6
$1,994,018
Total Directors
17
$1,990,906
Key Employees
5
$1,700,943
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOANNE CARROCINO FACHE PRESIDENT/CEO - TRUSTEE 55.0
Officer Director
$760,196 $101,700 $861,896
MARK R GILL VP FINANCE/CFO 55.0
Officer
$500,360 $120,675 $621,035
SAMIR SHAIKH MD VP MED STAFF - TRUSTEE 55.0
Director
$0 $70,046 $612,235
ANDREA MCCOY MD CHIEF MEDICAL OFFICER 55.0
Officer
$438,509 $72,578 $511,087
Tooba Fayyaz DO VP MED STAFF - TRUSTEE 55.0
Director
$0 $28,736 $508,533
BYRON K HUNTER VP HUMAN RESOURCES 55.0
Key Emp
$324,965 $103,534 $428,499
RICHARD W WHEATLEY CHIEF INFORMATION OFFICER 55.0
Key Emp
$304,208 $50,816 $355,024
THOMAS J PIRATZKY CFRE EXC DIR - CAPE REGIONAL FDN 55.0
Key Emp
$255,519 $72,346 $327,865
ADRIENNE ABBOT RN MSN CHIEF NURSING OFFICER 55.0
Key Emp
$256,158 $48,030 $304,188
ANNE M BOLOGNO VP PHYS INTEGRATION 55.0
Key Emp
$228,915 $56,452 $285,367
SUSAN JOHNSON PHARM D PHARMACIST 55.0
Highest
$219,518 $64,266 $283,784
RICHARD ARTYMOWICZ PHARM D DIRECTOR OF PHARMACY 55.0
Highest
$199,683 $80,427 $280,110
JAMES NUSS PHARM D PHARMACIST 55.0
Highest
$191,747 $63,232 $254,979
Maria Biffoni Staff RN/PRN Tier III 55.0
Highest
$216,017 $2,253 $218,270
Marina Gorshunova Staff RN/PRN Tier III 55.0
Highest
$185,470 $2,088 $187,558
JOANNE VAUL FORMER KE/CURRENT PART-TIME EE 15.0
$100,581 $0 $100,581
RICHARD A MICHNER MD VP MEDICAL STAFF - TRUSTEE 1.0
Director
$8,242 $0 $8,242
GARRY GILBERT CHAIRMAN - TRUSTEE 1.0
Officer Director
$0 $0 $0
ROBERT A FINEBERG ESQ VICE CHAIRMAN - TRUSTEE 1.0
Officer Director
$0 $0 $0
HENRY S BRZYSKI SECRETARY/TREASURER - TRUSTEE 1.0
Officer Director
$0 $0 $0
RALPH AUTUORE TRUSTEE 1.0
Director
$0 $0 $0
ELLEN KRAVET BURKE TRUSTEE 1.0
Director
$0 $0 $0
THOMAS F DIERKES DO TRUSTEE 1.0
Director
$0 $0 $0
MARY ANNE FRANCISCO RN TRUSTEE 1.0
Director
$0 $0 $0
HERBERT L HORNSBY JR TRUSTEE 1.0
Director
$0 $0 $0
PASTOR WILLIE JOHNSON JR TRUSTEE 1.0
Director
$0 $0 $0
SUZANNE WALTERS TRUSTEE 1.0
Director
$0 $0 $0
WILLIAM WENZEL JR TRUSTEE 1.0
Director
$0 $0 $0
BILL YOH TRUSTEE 1.0
Director
$0 $0 $0
BARBARA ST CLAIR TRUSTEE (decd 1/2023) 1.0
Director
$0 $0 $0
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 No data No data No data No data
2023 $147,608,272 $153,449,818 $144,050,694 $-5,841,546
2022 $139,824,806 $145,027,442 $155,897,974 $-5,202,636
2021 $150,727,456 $139,706,044 $198,543,955 $11,021,412
2020 $128,675,847 $125,224,516 $194,631,017 $3,451,331
2019 $133,827,223 $130,098,503 $159,881,680 $3,728,720
2018 $132,342,500 $132,462,993 $158,028,659 $-120,493
Explore More Nonprofits
→Top 100 Nonprofits in New Jersey →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare CAPE REGIONAL MEDICAL CENTER INC with other nonprofits in New Jersey and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.