NEWTON MEDICAL CENTER FOUNDATION
175 HIGH STREET, Newton, NJ 07860 www.nmhnj.org

Total Revenue
$2,223,118
Total Expenses
$1,859,099
Net Assets
$27,857,127

Organizations Filed Purposes: The Newton Medical Center Foundation, the philanthropic arm of Newton Medical Center exists to philanthropically serve the present and future health and wellness needs of our community and beyond, as defined by Newton Medical Center.

To serve the philanthropic needs of Newton Medical Center and related entities.

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.

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 2019, the balance of the purchase price was $39,805.

Board approved mini grants that the Foundation awards to various departments in the hospital who submit a request for funding and represents internal funding from the Foundation to the Hospital.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Kevin LenahanSVP-CFO & Admin Officer2$0
Thomas Ryan EsqTrustee-Secretary2$0
Salvatore Dispenziere IiiTrustee-Treasurer2$0
Ronald K Harris MdTrustee2$0
Robert Masci Md FaccTrustee2$0
Richard BourqueTrustee2$0
Raymond CordtsTrustee2$0
Michael Lanza EsqTrustee2$0
Michael E HolensteinTrustee2$0
Matthew HannumTrustee2$0
Mary WallerTrustee2$0
Mark CumminsTrustee2$0
Mark AvondoglioTrustee-Chairman2$0
Larry ConditTrustee-Asst. Treasurer2$0
Kurt WaltonTrustee2$0
Kim FerruggiaTrustee2$0
Tracey WoodheadTrustee2$0
Karl WagnerTrustee2$0
Jo-Ellen Mccracken HazenTrustee2$0
Jeffrey J QuinnTrustee2$0
Jason ApterTrustee2$0
Greg NolanTrustee2$0
George W Morville JrTrustee2$0
Ejane BrownTrustee2$0
David P RomanoTrustee-Vice Chairman2$0
Colleen ApterTrustee2$0
Buffie DobbsTrustee2$0
Megan SandowTrustee-Chief Dev Officer2$0
Joseph Di Paolo-Termed 101119President-NMC2$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202043159349304024_public.xml