SAINT BARNABAS MEDICAL CENTER

EIN: 221494440 501(c)(3) Health Care

LIVINGSTON, NJ

Total Revenue
$871,885,801
Total Expenses
$810,344,718
Total Assets
$1,606,957,926
Net Assets
$1,067,637,688
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1867
Legal Domicile
NJ
Principal Officer
STEPHEN P ZIENIEWICZ FACHE
Phone
9733224032
Tax Period
2018-01-01 to 2018-12-31

SAINT BARNABAS MEDICAL CENTER, founded in 1867, is a major nonprofit in the Health Care sector that reported $871.9M in total revenue in fiscal year 2018. Expenses of $810.3M left a modest 7% surplus.

Mission

TO PURSUE DELIVERY OF PRIMARY, SECONDARY & TERTIARY HEALTH SVCS WHILE CONSISTENTLY MEETING THE HIGHEST QUALITY OF CARE AND MEETING OUR CUSTOMERS EXPECATIONS & SATISFACTION.

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Trantor Score

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

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

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $3,331,530
Program Service Revenue $862,628,325
Investment Income $452,704
Other Revenue $5,473,242
TOTAL REVENUE $871,885,801

Expense Breakdown

Grants Paid $54,839
Salaries & Benefits $295,308,736
Fundraising Expenses $273,555
Program Expenses $729,069,530
Other Expenses $514,707,588
TOTAL EXPENSES $810,344,718

Year-over-Year Comparison

2018 2017 Change
Revenue $871,885,801 $815,811,453 +0.1%
Expenses $810,344,718 $726,368,613 +0.1%
Net Income $61,541,083 $89,442,840 -0.3%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✓ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
21
Independent Members
16
Employees
4970
Volunteers
628

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
5
$4,909,669
Total Directors
21
$5,155,741
Key Employees
4
$1,711,805
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRUCE SCHONBRAUN CHAIRMAN - TRUSTEE 1.0
Officer Director
$0 $0 $0
DAVID A MEBANE ESQ SECRETARY - TRUSTEE 55.0
Officer Director
$0 $50,702 $1,667,875
KATHY BRAND TRUSTEE 1.0
Director
$0 $0 $0
STEPHEN CRANE MD TRUSTEE 1.0
Director
$0 $0 $0
STUART GEFFNER MD TRUSTEE 50.0
Director
$788,122 $26,701 $814,823
GREGG GOTTSEGEN TRUSTEE 1.0
Director
$0 $0 $0
ALISON GRANN MD TRUSTEE 50.0
Director
$778,308 $3,160 $781,468
JEFFREY KIGNER TRUSTEE 1.0
Director
$0 $0 $0
MICHAEL A MARANO MD TRUSTEE 50.0
Director
$154,391 $16,782 $171,173
ROBERT D MARCUS TRUSTEE 1.0
Director
$0 $0 $0
JOSEPH MAURIELLO TRUSTEE 1.0
Director
$0 $0 $0
ANDREA MELCHIORRE TRUSTEE 1.0
Director
$0 $0 $0
EVAN RATNER TRUSTEE 1.0
Director
$0 $0 $0
MICHAEL REKOON TRUSTEE 1.0
Director
$0 $0 $0
JOHN RUSSO MD TRUSTEE; EX-OFFICIO 1.0
Director
$0 $0 $0
ELENA SANTORO TRUSTEE; EX-OFFICIO 1.0
Director
$0 $0 $0
RYAN SCHINMAN TRUSTEE 1.0
Director
$0 $0 $0
ROBERT W SCHUMAN MD TRUSTEE 1.0
Director
$0 $0 $0
NINA MITCHELL WELLS TRUSTEE 1.0
Director
$0 $0 $0
STEPHEN P ZIENIEWICZ FACHE TRUSTEE - CEO 55.0
Officer Director
$1,472,781 $247,621 $1,720,402
KATHRYN ZIZZA TRUSTEE 1.0
Director
$0 $0 $0
PATRICK J HAUGHEY COO 55.0
Officer
$442,812 $107,671 $550,483
RICHARD L DAVIS EVP/CFO - TREASURER 55.0
Officer
$845,838 $125,071 $970,909
GREGORY ROKOSZ MD SENIOR VICE PRESIDENT - VPMA 55.0
Key Emp
$657,083 $126,798 $783,881
LOUIS LA SALLE SENIOR VICE PRESIDENT 55.0
Key Emp
$261,977 $38,425 $300,402
JENNIFER A O'NEILL VP/CHIEF NURSING OFFICER 50.0
Key Emp
$389,791 $24,133 $413,924
ARNOLD D MANZO VP/CHIEF HR OFFICER 50.0
Key Emp
$209,691 $3,907 $213,598
SHAMKANT MULGAONKAR MD DIRECTOR 50.0
Highest
$1,035,222 $25,813 $1,061,035
M MICHELE BLACKWOOD MD PHYSICIAN 50.0
Highest
$801,719 $1,010 $802,729
MICHAEL SCOPPETUOLO MD DIRECTOR 50.0
Highest
$793,746 $19,446 $813,192
STUART LEITNER MD PHYSICIAN 50.0
Highest
$722,252 $26,069 $748,321
I ROBERT GROSSMAN MD PHYSICIAN 50.0
Highest
$608,331 $22,674 $631,005
JOHN F BONAMO MD MS FORMER OFFICER 55.0
$0 $40,772 $1,965,243
PATRICK M AHEARN FORMER OFFICER 50.0
$0 $118,185 $718,071
SARI B KAPLON FORMER OFFICER 50.0
$0 $23,364 $177,888
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
2018 $871,885,801 $810,344,718 $1,606,957,926 $61,541,083
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