OVERLOOK FOUNDATION

EIN: 510194054 501(c)(3) Health Care

SUMMIT, NJ

Total Revenue
$16,480,021
Total Expenses
$17,236,459
Total Assets
$139,874,424
Net Assets
$136,520,508
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Organization Details

Formation Year
1976
Legal Domicile
NJ
Principal Officer
ELIZABETH PECK
Phone
9085222840
Tax Period
2024-07-01 to 2025-06-30

OVERLOOK FOUNDATION, founded in 1976, is a mid-sized nonprofit in the Health Care sector that reported $16.5M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Net assets of $136.5M represent 99 months of operating reserves.

Mission

THE MISSION OF THE OVERLOOK FOUNDATION IS TO DEVELOP, MANAGE, AND DISTRIBUTE RESOURCES TO ADVANCE THE DELIVERY OF HIGH-QUALITY HEALTH CARE BY OVERLOOK MEDICAL CENTER.

Program Service Accomplishments

Program 1
Expenses: $14,431,432

OVERLOOK FOUNDATION PROVIDES CRITICAL FUNDING TO ATLANTIC HEALTH OVERLOOK MEDICAL CENTER TO ENSURE THAT IT REMAINS AT THE FOREFRONT OF MEDICAL CARE. WE SUPPORT THE PURCHASE OF STATE-OF-THE-ART...

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OVERLOOK FOUNDATION PROVIDES CRITICAL FUNDING TO ATLANTIC HEALTH OVERLOOK MEDICAL CENTER TO ENSURE THAT IT REMAINS AT THE FOREFRONT OF MEDICAL CARE. WE SUPPORT THE PURCHASE OF STATE-OF-THE-ART EQUIPMENT, THE CONSTRUCTION OF NEW FACILITIES, ENDOWMENTS FOR MEDICAL LEADERSHIP, NURSING SCHOLARSHIPS, PROFESSIONAL DEVELOPMENT, TRAINING AND EDUCATION, AS WELL AS INNOVATIVE PROGRAMS TO ENHANCE THE PATIENT AND CAREGIVER EXPERIENCE.AS THE FOUNDATION SUCCESSFULLY REACHED ITS $82.5 MILLION OVERLOOK AHEAD CAMPAIGN GOAL IN 2025, THE COMPREHENSIVE, MULTI-PHASE EXPANSION AND MODERNIZATION OF ATLANTIC HEALTH OVERLOOK'S CAMPUS CONTINUES. CONTINUED IN SCHEDULE O.TODAY'S FULLY OPTIMIZED HOSPITAL OF THE FUTURE FEATURES NEW MEDICAL INFRASTRUCTURE IN EVERY ROOM, DOUBLE THE NUMBER OF PRIVATE PATIENT ROOMS, AND AN ALIGNMENT OF CLINICAL PROGRAMS DESIGNED TO MAKE CARE MORE PATIENT CENTRIC. SERVICES THROUGHOUT THE HOSPITAL HAVE BEEN RELOCATED AND UNITS BUILT, EXPANDED OR RENOVATED, INCLUDING THE NEW EAST BUILDING, ALL WHILE PATIENTS CONTINUED TO RECEIVE THE WORLD-CLASS CARE THEY EXPECT.

Program 2
Expenses: $75,290

DURING THE CURRENT YEAR, THE ORGANIZATION AWARDED $75,290 IN GRANTS TO QUALIFIED 501(C)(3) ORGANIZATIONS IN SUPPORT OF PROJECTS THAT ALIGN WITH THE FOUNDATION'S MISSION, GEOGRAPHIC FOCUS, AND...

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DURING THE CURRENT YEAR, THE ORGANIZATION AWARDED $75,290 IN GRANTS TO QUALIFIED 501(C)(3) ORGANIZATIONS IN SUPPORT OF PROJECTS THAT ALIGN WITH THE FOUNDATION'S MISSION, GEOGRAPHIC FOCUS, AND ESTABLISHED GRANTMAKING GUIDELINES.EACH YEAR, THROUGH THE RECOMMENDATION OF ITS TRUSTEES, THE FOUNDATION PROVIDES GRANT FUNDING TO ELIGIBLE NONPROFIT ORGANIZATIONS. ALL GRANT RECIPIENTS ARE SELECTED THROUGH A FORMAL REVIEW PROCESS TO ENSURE ALIGNMENT WITH THE FOUNDATION'S CHARITABLE OBJECTIVES AND COMMUNITY IMPACT PRIORITIES.CONTINUED IN SCHEDULE O.THE GRANTS AWARDED DURING THE CURRENT YEAR SUPPORTED A BROAD RANGE OF CHARITABLE INITIATIVES ALIGNED WITH THE FOUNDATION'S MISSION AND COMMUNITY NEEDS. FUNDING WAS DIRECTED TOWARD PROGRAMS ADDRESSING SEVERAL KEY AREAS, INCLUDING HEALTH AND WELLNESS, MENTAL HEALTH SERVICES, HOMELESSNESS PREVENTION, YOUTH DEVELOPMENT, EDUCATION, AND COMMUNITY SAFETY.

Program 3
Expenses: $277,459

DURING THE CURRENT YEAR, THE ORGANIZATION PROVIDED DIRECT FINANCIAL ASSISTANCE AND EDUCATIONAL SUPPORT TO INDIVIDUALS AND FAMILIES FACING MEDICAL AND CAREGIVING CHALLENGES.THE ASSISTANCE TO FAMILIES...

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DURING THE CURRENT YEAR, THE ORGANIZATION PROVIDED DIRECT FINANCIAL ASSISTANCE AND EDUCATIONAL SUPPORT TO INDIVIDUALS AND FAMILIES FACING MEDICAL AND CAREGIVING CHALLENGES.THE ASSISTANCE TO FAMILIES OF CANCER PATIENTS PROGRAM AND THE CAREGIVER'S CENTER PROVIDED FINANCIAL SUPPORT TO 295 INDIVIDUALS, WITH TOTAL EXPENDITURES OF $114,459. EMERGENCY SUPPORT SERVICES ASSISTED 294 INDIVIDUALS FACING URGENT NEEDS, WITH PAYMENTS TOTALING $29,509.THROUGH ITS INTERNATIONAL MEDICAL MISSIONS PROGRAM, THE ORGANIZATION FUNDED MEDICAL ASSISTANCE FOR 35 INDIVIDUALS, EXPENDING $35,602. CONTINUED IN SCHEDULE O.ADDITIONALLY, THE ORGANIZATION ADVANCED HEALTHCARE EDUCATION AND WORKFORCE DEVELOPMENT BY SUPPORTING 108 INDIVIDUALS THROUGH NURSING SCHOLARSHIPS, NURSING EDUCATION, AND CERTIFICATION PROGRAMS, WITH TOTAL AWARDS OF $97,889.TOTAL PROGRAM GRANTS DISTRIBUTED DURING THE YEAR AMOUNTED TO $277,459.

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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 (2024)

Revenue Breakdown

Contributions & Grants $10,477,690
Program Service Revenue $0
Investment Income $6,061,802
Other Revenue $-59,471
TOTAL REVENUE $16,480,021

Expense Breakdown

Grants Paid $14,078,112
Salaries & Benefits $2,349,728
Fundraising Expenses $657,715
Program Expenses $14,784,181
Other Expenses $808,619
TOTAL EXPENSES $17,236,459

Year-over-Year Comparison

2024 2023 Change
Revenue $16,480,021 $13,936,622 +0.2%
Expenses $17,236,459 $15,284,401 +0.1%
Net Income $-756,438 $-1,347,779 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
31
Independent Members
31
Employees
N/A
Volunteers
31

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
6
$690,980
Total Directors
31
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CLELIA BIAMONTI PHD EXECUTIVE DIRECTOR 40.00
Officer
$406,495 $35,322 $441,817
KIMBERLY MYLER ASSIST. SECRETARY/DIR. FINANCE 40.00
Officer
$218,333 $30,830 $249,163
MARIANNE F DEVLIN DIRECTOR 40.00
Highest
$199,786 $33,152 $232,938
EILEEN S WEISS DIRECTOR 40.00
Highest
$170,188 $23,484 $193,672
KERRY MOWRY DIRECTOR 40.00
Highest
$172,100 $21,314 $193,414
LORIE MCDONALD DIRECTOR 40.00
Highest
$147,278 $0 $147,278
ELIZABETH PECK CHAIR 1.00
Officer Director
$0 $0 $0
ERIC J SHICK VICE CHAIR 1.00
Officer Director
$0 $0 $0
FRANCIS I PERIER JR TREASURER 1.00
Officer Director
$0 $0 $0
KARINA CALZADILLA SECRETARY 1.00
Officer Director
$0 $0 $0
AKSHAY KAPOOR TRUSTEE 1.00
Director
$0 $0 $0
BEV LUEHS TRUSTEE 1.00
Director
$0 $0 $0
CANDICE STELLER TRUSTEE 1.00
Director
$0 $0 $0
DEAN SERRATELLI TRUSTEE 1.00
Director
$0 $0 $0
DINA SANTORO TRUSTEE 1.00
Director
$0 $0 $0
GINA CHIARELLO TRUSTEE 1.00
Director
$0 $0 $0
HAKAN ERDAMAR TRUSTEE 1.00
Director
$0 $0 $0
HUMA MIRZA DDS TRUSTEE 1.00
Director
$0 $0 $0
JACK MANN TRUSTEE 1.00
Director
$0 $0 $0
KISHORE BALLAL TRUSTEE 1.00
Director
$0 $0 $0
LINDA WALKER TRUSTEE 1.00
Director
$0 $0 $0
MAGGIE HARIRI TRUSTEE 1.00
Director
$0 $0 $0
MARC MANDEL MD TRUSTEE 1.00
Director
$0 $0 $0
MERI BARER TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL A KATZ ESQ TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL WEINRAUCH MD TRUSTEE 1.00
Director
$0 $0 $0
MUHAMMAD FETEIHA MD TRUSTEE 1.00
Director
$0 $0 $0
NEIL WEIDNER TRUSTEE 1.00
Director
$0 $0 $0
PRADIPTO BAGCHI TRUSTEE 1.00
Director
$0 $0 $0
RICHARD ROSEN TRUSTEE 1.00
Director
$0 $0 $0
RICHARD SCHRADER TRUSTEE 1.00
Director
$0 $0 $0
S COLIN NEILL TRUSTEE 1.00
Director
$0 $0 $0
SAMANTHA POZNER MD TRUSTEE 1.00
Director
$0 $0 $0
SIEN AVALOS TRUSTEE 1.00
Director
$0 $0 $0
STEPHANIE SCHWARTZ TRUSTEE 1.00
Director
$0 $0 $0
THOMAS VARKEY TRUSTEE 1.00
Director
$0 $0 $0
VINCENT URSINO JR TRUSTEE 1.00
Director
$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
2025 $16,480,021 $17,236,459 $139,874,424 $-756,438
2024 $13,936,622 $15,284,401 $133,877,372 $-1,347,779
2023 $14,781,962 $13,358,037 $128,364,524 $1,423,925
2022 $22,064,217 $16,953,754 $124,262,093 $5,110,463
2021 $14,285,921 $7,868,523 $135,155,981 $6,417,398
2020 $18,067,541 $6,562,549 $106,810,736 $11,504,992
2019 $17,010,409 $9,650,877 $102,239,900 $7,359,532
2018 $11,218,313 $6,037,420 $94,547,275 $5,180,893
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