MEDICAL DENTAL STAFF OF MORRISTOWN MEM HOSPITAL

EIN: 223100321 501(c)(3) Health Care

MORRISTOWN, NJ

Total Revenue
$460,142
Total Expenses
$410,123
Total Assets
$846,020
Net Assets
$842,285
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
NJ
Principal Officer
CHRISTOPHER AMATO
Phone
9739715151
Tax Period
2023-01-01 to 2023-12-31

MEDICAL DENTAL STAFF OF MORRISTOWN MEM HOSPITAL, founded in 1991, is a small nonprofit in the Health Care sector that reported $460K in total revenue in fiscal year 2023. Expenses of $410K left a modest 11% surplus.

Mission

THE MISSION OF THE ORGANIZATION IS TO FACILITATE AND DEVELOP AN ENVIRONMENT OF PATIENT-ORIENTED CARE THAT SERVES THE HEALTH NEEDS OF MORRISTOWN MEDICAL CENTER PATIENTS. THE ORGANIZATION MAINTAINS PHYSICIANS COMMITTED TO THE EXCELLENCE OF MORRISTOWN MEDICAL CENTER AND MONITORS THE QUALITY OF CARE RENDERED AT THE HOSPITAL. THE ORGANIZATION IDENTIFIES OPPORTUNITIES FOR IMPROVEMENT, FOSTERS MEDICAL EDUCATION, INFORMATIONAL PROGRAMS AND SUPPORTS HOSPITAL ENDEAVORS; THUS, RAISING THE QUALITY OF PATIENT CARE.

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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 $429,511
Investment Income $30,631
Other Revenue $0
TOTAL REVENUE $460,142

Expense Breakdown

Grants Paid $53,964
Salaries & Benefits $227,813
Fundraising Expenses $0
Program Expenses $229,457
Other Expenses $128,346
TOTAL EXPENSES $410,123

Year-over-Year Comparison

2023 2022 Change
Revenue $460,142 $449,019 +0.0%
Expenses $410,123 $394,507 +0.0%
Net Income $50,019 $54,512 -0.1%
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

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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
6
Independent Members
6
Employees
5
Volunteers
N/A

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
$115,000
Total Directors
6
$185,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HARVEY GERHARD CHAIRMAN 5.00
Officer Director
$0 $0 $0
JOHN P O'GRADY MD VICE-CHAIRMAN 1.00
Officer Director
$90,000 $0 $90,000
TERRENCE CURRAN SECRETARY 1.00
Officer Director
$25,000 $0 $25,000
CHRISTOPHER AMATO TREASURER 1.00
Officer Director
$0 $0 $0
JOHN SALAKI CREDENTIALS CHAIR 1.00
Director
$25,000 $0 $25,000
MICHAEL E SILVERMAN MD ASSOCIATE CHIEF MEDICAL OFFICER 1.00
Director
$45,000 $0 $45,000
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $460,142 $410,123 $846,020 $50,019
2022 $449,019 $394,507 $799,189 $54,512
2021 $425,910 $392,169 $742,645 $33,741
2020 $461,999 $377,068 $707,369 $84,931
2019 $449,496 $447,504 $633,947 $1,992
2018 $455,063 $353,741 $639,573 $101,322
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