Program areas at Newton Medical Center Foundation
Newton Medical Center Foundation transfers funds to Newton Medical Center (the "Hospital") to support the hospital and the community it serves. Transfers include payments on various capital campaigns supporting capital projects of the hospital as well as donations made for a specific purpose benefiting various areas of the hospital.
Board approved funding that the Foundation awarded to Emergency Department at Newton Medical Center hospital and represents internal funding from the Foundation to promote better patient care.
The Foundation purchases AEDs (Automated External Defribrillators) and charges nonprofit community organizations 50% of the cost. The Foundation then assumes the balance of the purchase price as a donation to the community. In 2021, the balance of the purchase price was $18,324.
Form 990, Part III, Line 4d, Other Program Services:Represents targeted funding of various Newtown Medical Center programs/healthcare initiatives including ovarian cancer screening and nursing scholarships among others.
Who funds Newton Medical Center Foundation
Grants from foundations and other nonprofits
Personnel at Newton Medical Center Foundation
| Name | Title | Compensation | Date of data |
|---|
| Michael Walter | Senior Vice President - Chief Financial Officer | $0 | 2023-11-13 |
| Megan Sandow | Trustee - Chief Development Officer | $0 | 2022-12-31 |
| Kevin Lenahan | Executive Vice President - Chief Business and Strategy Officer | $0 | 2022-12-31 |
| Keith Vanfleet | Director of Accounting | $0 | 2022-12-31 |
| Matthew Hannum | Trustee - Secretary | $0 | 2022-12-31 |
| ...and 11 more key personnel |
Financials for Newton Medical Center Foundation
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $1,238,665 | $1,673,218 | -26% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $548,176 | $942,294 | -41.8% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $177,438 | $223,705 | -20.7% |
| Net income from fundraising events | $-131,271 | $-97,095 | -35.2% |
| Net income from gaming activities | $41,931 | $52,260 | -19.8% |
| Net income from sales of inventory | $6,785 | $8,610 | -21.2% |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $1,881,724 | $2,802,992 | -32.9% |
Organizations like Newton Medical Center Foundation
| Organization | Type | Location | Revenue |
|---|
| Essentia Health Foundation | 501(c)(3) | Duluth, MN | $5,508,669 |
| Baptist Health Foundation | 501(c)(3) | Little Rock, AR | $3,829,315 |
| Good Samaritan Medical Center Foundation | 501(c)(3) | Lafayette, CO | $1,132,088 |
| Wilson Health Foundation | 501(c)(3) | Sidney, OH | $592,726 |
| Jamestown Regional Medical Center Foundation | 501(c)(3) | Jamestown, ND | $1,103,236 |
| Margaret Mary Health Foundation | 501(c)(3) | Batesville, IN | $878,622 |
| Southwestern Vermont Healthcare Foundation | 501(c)(3) | Bennington, VT | $7,749,894 |
| Mason General Hospital Foundation | 501(c)(3) | Shelton, WA | $783,961 |
| Kettering Health Foundation (KMCF) | 501(c)(3) | Miamisburg, OH | $3,740,673 |
| Passavant Hospital Foundation | 501(c)(3) | Pittsburgh, PA | $2,047,364 |
Data update history
December 26, 2023
Received grants
Identified 2 new grant, including a grant for $6,587 from Sterling Chellis Tua December 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 24, 2023
Updated personnel
Identified 1 new personnel
July 28, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Hospital foundationsGrantmaking organizationsHealth organizationsHeadquarter / parent organizationsCharities
Issues
Health
Characteristics
Funds one specific organizationProvides grantsFundraising eventsEndowed supportFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employeesAccepts online donations
General information
- Address
- 475 S St
- Morristown, NJ 07960
- Metro area
- New York-Newark-Jersey City, NY-NJ-PA
- County
- Morris County, NJ
- Website URL
- atlantichealth.org/locations/hospitals/newton-medical-center.htmlÂ
- Phone
- (973) 579-8513
IRS details
- EIN
- 22-2618102
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1985
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- E11: Health Care Single Organization Support
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Central organization
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