AREA VII PHYSICIANS REVIEW ORGANIZATION INC

EIN: 222169496

EAST BRUNSWICK, NJ

Total Revenue
$46,820
Total Expenses
$437,806
Total Assets
$2,103,866
Net Assets
$2,078,563
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
NJ
Principal Officer
VALERIE AIELLO
Phone
7322385570
Tax Period
2023-01-01 to 2023-12-31

AREA VII PHYSICIANS REVIEW ORGANIZATION INC, founded in 1977, is a micro nonprofit that reported $47K in total revenue in fiscal year 2023. Revenue fell 72% from the prior year — a significant decline worth monitoring. Expenses of $438K exceeded revenue, resulting in a 835% operating deficit.

Mission

THE PURPOSE OF THIS CORPORATION IS TO IMPROVE THE QUALITY OF THE PRACTICE OF MEDICINE BY DEVELOPING NEW METHODOLOGY AND PROCEDURES TO QUANTIFY AND QUALIFY PROJECTS TO IMPROVE THE QUALITY OF MEDICAL CARE, TO PUBLISH ARTICLES RELATED TO RESEARCH AND EDUCATIONAL EFFORTS RELATED TO MEDICAL CARE AND THE PRACTICE OF MEDICINE, TO MAINTAIN A LIBRARY RELATED TO MEDICAL CARE AND QUALITY THERE OF, AND TO ENGAGE IN ANY OTHER ACTIVITY REASONABLY RELATED TO AN ORGANIZATION COMPRISED OF PHYSICIANS. IN ADDITION, THE CORPORATION WILL ALSO BE EMPOWERED TO ESTABLISH A LEGISLATIVE COMMITEE TO COMMUNICATE THE CORPORATION'S ATTITUDES TO STATE AND LOCAL GOVERNMENT OFFICIALS ON ISSUES GERMANE TO ITS MEMBERS' PROFESSIONAL INTERESTS SUCH AS PROFESSIONAL INCORPORATION LEGISLATION, MEDICARE LEGISLATION, AND COMPULSORY HEALTHCARE LEGISLATION, AND TO HOLD MEETINGS CONCERNED WITH MATTERS AFFECTING THE PROMOTION AND PROTECTION OF THE PRACTICE OF MEDICINE, AND TO CONDUCT PUBLIC RELATIONS PROGRAMS TO ENHANCE AND IMPR

Program Service Accomplishments

Program 1

ALL GRANTS AND SCHOLARSHIPS WERE USED BY THE RECIPIENTS TO FURTHER MEDICAL EDUCATION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $46,820
Other Revenue $0
TOTAL REVENUE $46,820

Expense Breakdown

Grants Paid $387,200
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $50,606
TOTAL EXPENSES $437,806

Year-over-Year Comparison

2023 2022 Change
Revenue $46,820 $165,148 -0.7%
Expenses $437,806 $370,820 +0.2%
Net Income $-390,986 $-205,672 +0.9%
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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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
6

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
4
$513,150
Total Directors
6
$32,825
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID KINGSLEY PRESIDENT 0.01
Officer Director
$0 $0 $3,625
EDWARD JOSELL TREASURER 0.10
Officer Director
$0 $0 $4,700
JOHN LEWY TRUSTEE 0.10
Director
$0 $0 $5,100
MARTIN MARGOLIES TRUSTEE 0.10
Director
$0 $0 $5,500
JAMES MADDEN TRUSTEE 0.10
Director
$0 $0 $6,850
MARY ANN CONTI TRUSTEE 0.10
Director
$0 $0 $7,050
VALERIE AIELLO CEO 2.00
Officer
$0 $25,799 $255,017
MARY JANE BRUBAKER PAST CEO/TRUSTEE 2.00
Officer
$0 $0 $249,808
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 $46,820 $437,806 $2,103,866 $-390,986
2022 $165,148 $370,820 $2,316,321 $-205,672
2021 $235,892 $365,907 $2,956,740 $-130,015
2020 $198,541 $318,801 $3,101,604 $-120,260
2019 $156,771 $315,440 $3,232,879 $-158,669
2018 $283,667 $311,069 $3,109,755 $-27,402
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