TRI-COUNTY CARDIOVASCULAR SERVICES PC

EIN: 454199382 501(c)(3) Health Care

WOODBURY, NJ

Total Revenue
N/A
Total Expenses
$2,360
Total Assets
$78,120
Net Assets
$78,120
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
NJ
Principal Officer
JOHN A DIANGELO
Phone
8566416605
Tax Period
2018-01-01 to 2018-12-31

Mission

PRIOR TO TRANSFERRING THE OPERATIONS OF THIS ORGANIZATION TO A RELATED AFFILIATE, THE ORGANIZATION'S MISSION WAS TO BRING TOGETHER LICENSED PHYSICANS PRACTICING IN THE FIELD OF CARDIOLOGY AND ASSOCIATED WITH INSPIRA MEDICAL CENTER WOODBURY, INC. ("IMCW"). TO PROVIDE SUPERIOR PROFESSIONAL CARDIOLOGY SERVICES TO THE RESIDENTS OF IMCW'S SERVICE AREA IN A NON-DISCRIMINATORY MANNER AND REGARDLESS OF ABILITY TO PAY, TO ASSIST IMCW IN THE MANAGEMENT OF ITS CARDIOLOGY SERVICE LINE AND TO OTHERWISE ASSIST INSPIRA HEALTH NETWORK, INC. AND IMCW IN CARRYING OUT ITS TAX-EXEMPT CHARITABLE MISSION.

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $0

PRIOR TO CEASING ACTIVITIES AND OPERATIONS EXPENSES WERE INCURRED IN PROVIDING SUPERIOR PROFESSIONAL CARDIOLOGY SERVICES TO THE RESIDENTS OF THE INSPIRA MEDICAL CENTER WOODBURY, INC. ("IMCW") SERVICE...

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PRIOR TO CEASING ACTIVITIES AND OPERATIONS EXPENSES WERE INCURRED IN PROVIDING SUPERIOR PROFESSIONAL CARDIOLOGY SERVICES TO THE RESIDENTS OF THE INSPIRA MEDICAL CENTER WOODBURY, INC. ("IMCW") SERVICE AREA IN A NON-DISCRIMINATORY MANNER AND REGARDLESS OF ABILITY TO PAY, TO ASSIST IMCW IN THE MANAGEMENT OF ITS CARDIOLOGY SERVICE LINE AND TO OTHERWISE ASSIST INSPIRA HEALTH NETWORK, INC. AND IMCW IN CARRYING OUT ITS TAX-EXEMPT CHARITABLE MISSION.

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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 $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $2,360
TOTAL EXPENSES $2,360

Year-over-Year Comparison

2018 2017 Change
Revenue N/A $178,057 -1.0%
Expenses $2,360 $2,833 -0.2%
Net Income N/A $175,224 N/A
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
1
Independent Members
N/A
Employees
N/A
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
3
$1,666,710
Total Directors
1
$528,356
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTOPHER TROTZ MD DIRECTOR - PRESIDENT 55.0
Officer Director
$0 $62,207 $528,356
MATTHEW DOONAN ESQ SECRETARY 55.0
Officer
$0 $79,215 $460,609
THOMAS P BALDOSARO CPA TREASURER 55.0
Officer
$0 $127,747 $677,745
ARTHUR BOOTE FORMER OFFICER 0.0
$0 $3,770 $156,716
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 No data $2,360 $78,120 No data
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