THE JERSEY CITY MEDICAL CENTER FOUNDATION

EIN: 223113911 501(c)(3) Philanthropy & Grantmaking

OCEANPORT, NJ

Total Revenue
$1,475,223
Total Expenses
$4,710,443
Total Assets
$4,172,544
Net Assets
$3,155,000
🔒

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
1990
Legal Domicile
NJ
Principal Officer
MADELINE WARSHAUER
Phone
9733224032
Tax Period
2023-01-01 to 2023-12-31

THE JERSEY CITY MEDICAL CENTER FOUNDATION, founded in 1990, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.5M in total revenue in fiscal year 2023. Revenue fell 69% from the prior year — a significant decline worth monitoring. Expenses of $4.7M exceeded revenue, resulting in a 219% operating deficit.

Mission

TO SUPPORT THE CHARITABLE TAX-EXEMPT PURPOSES, PROGRAMS AND SERVICES OF JERSEY CITY MEDICAL CENTER; A RELATED IRC SECTION 501(C)(3) TAX-EXEMPT ORGANIZATION.

🔒

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 $1,328,839
Program Service Revenue $125,216
Investment Income $21,168
Other Revenue $0
TOTAL REVENUE $1,475,223

Expense Breakdown

Grants Paid $3,879,498
Salaries & Benefits $0
Fundraising Expenses $308,742
Program Expenses $3,879,498
Other Expenses $830,945
TOTAL EXPENSES $4,710,443

Year-over-Year Comparison

2023 2022 Change
Revenue $1,475,223 $4,832,296 -0.7%
Expenses $4,710,443 $3,381,596 +0.4%
Net Income $-3,235,220 $1,450,700 -3.2%
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
9
Independent Members
8
Employees
N/A
Volunteers
12

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
7
$183,868
Total Directors
10
$762,866
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LANCE BRUCK MD TRUSTEE 55.0
Director
$0 $5,096 $762,866
NICOLE KAGAN VP DEVELOPMENT(TERMED 4/10/23) 55.0
Officer
$0 $4,702 $111,628
MADELINE WARSHAUER MANAGER(EFF 4/11/23) 55.0
Officer
$0 $346 $72,240
W NEVINS MCCANN ESQ CHAIR - TRUSTEE 1.0
Officer Director
$0 $0 $0
MARYELLEN J MCLAUGHLIN VICE CHAIR - TRUSTEE 1.0
Officer Director
$0 $0 $0
JAMES CAULFIELD SECRETARY - TRUSTEE 1.0
Officer Director
$0 $0 $0
SURAJ KAUFMAN TREASURER - TRUSTEE 1.0
Officer Director
$0 $0 $0
SILVANA BUCCIANTI TRUSTEE 1.0
Director
$0 $0 $0
MICHAEL J DEMARCO TRUSTEE 1.0
Director
$0 $0 $0
JEREMY KAPLAN TRUSTEE 1.0
Director
$0 $0 $0
STEVEN ROCCO TRUSTEE 1.0
Director
$0 $0 $0
LIZ LIBERMAN TRUSTEE (TERMED 5/16/23) 1.0
Director
$0 $0 $0
GLENN MILLER RWJBH CHIEF DEV. OFFICER 0.0
Officer
$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 $1,475,223 $4,710,443 $4,172,544 $-3,235,220
2022 $4,832,296 $3,381,596 $6,893,635 $1,450,700
2021 $2,695,483 $3,047,386 $5,247,302 $-351,903
2020 $3,843,778 $2,339,733 $6,400,939 $1,504,045
2019 $1,722,305 $3,140,934 $4,210,222 $-1,418,629
2018 $2,413,187 $2,170,324 $5,603,089 $242,863
Explore More Nonprofits
→Top 100 Nonprofits in New Jersey →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare THE JERSEY CITY MEDICAL CENTER FOUNDATION 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.