Medical Staff of Cooper Hospital

EIN: 521860526

Camden, NJ

Total Revenue
$458,132
Total Expenses
$351,770
Total Assets
$1,350,784
Net Assets
$1,350,784
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
NJ
Principal Officer
Elliot Bodofsky
Phone
6093422900
Tax Period
2023-01-01 to 2023-12-31

Medical Staff of Cooper Hospital, founded in 1994, is a small nonprofit that reported $458K in total revenue in fiscal year 2023. The organization ran a surplus of $106K, a strong 23% operating margin.

Mission

To ensure that all patients admitted to or treated in any of the facilities, departments or services of the hospital shall receive care of high quality to ensure a high level of professional performance of all practitioners authorized to practice in the hospital through the appropriate delineation of the clinical privileges that each practitioner may exercise in the hospital and through an ongoing review and evaluation of each practitioners performance in the hospital to provide an appropriate educational setting that will lead to continuous advancement in professional knowledge and skill to stimulate closely with associated professional schools and other area educational institutions in the education of physicians, dentists and other health professionals to initiiate and maintain these by laws and rules and regulations for self government of the medical staff and the hospital may be discussed by the medical staff with the board of trustees and the chief executive officer.

Program Service Accomplishments

Program 1

Support of Cooper Hospital Medical Library

Program 2

Support of Cooper Health Systems Institutional Review Board

Program 3

Scholarship support to local Universities

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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 $430,182
Investment Income $27,950
Other Revenue $0
TOTAL REVENUE $458,132

Expense Breakdown

Grants Paid $169,666
Salaries & Benefits $60,000
Fundraising Expenses $0
Other Expenses $122,104
TOTAL EXPENSES $351,770

Year-over-Year Comparison

2023 2022 Change
Revenue $458,132 $455,623 +0.0%
Expenses $351,770 $309,842 +0.1%
Net Income $106,362 $145,781 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
3
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
4
$60,000
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Goodman MD President 8.00
Officer
$60,000 $0 $60,000
Generosa Grana MD Vice President 4.00
Officer
$0 $0 $0
Elliot Bodofsky MD Treasurer 2.00
Officer
$0 $0 $0
Kimberly Rozengarten MD Secretary 2.00
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $458,132 $351,770 $1,350,784 $106,362
2022 $455,623 $309,842 $1,151,252 $145,781
2021 $392,943 $258,623 $1,297,526 $134,320
2020 $351,184 $264,041 $1,041,244 $87,143
2019 $307,171 $302,289 $855,622 $4,882
2018 $376,673 $287,360 $774,066 $89,313
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