Capital Health System Inc in Trenton, New Jersey (NJ)

Organization representatives - add corrected or new information about Capital Health System Inc »

Non-representatives - add comments about Capital Health System Inc»

Capital Health System Inc
Employer Identification Number (EIN)223548695
Name of OrganizationCapital Health System Inc
In Care of NameShane F Fleming Cpa
Address750 Brunswick Ave, Trenton, NJ 08638-4143
SubsectionCharitable Organization
Ruling Date03/1998
FoundationHospital or medical research organization
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$50,000,000 to greater
Income$50,000,000 to greater
Filing Requirement990 (all other) or 990EZ return
Asset Amount$1,081,018,223
Amount of Income$563,709,226
Form 990 Revenue Amount$562,500,629
National Taxonomy of Exempt Entities (NTEE)Health - General and Rehabilitative: Hospitals and Related Primary Medical Care Facilities


Non-representatives - add comments:


CAPTCHA

Your IP address 13.58.61.197 will be logged.

Amount of income in 2013: $563,709,226
Capital Health System Inc: 

 $563,709,226
Other organizations performing similar types of work: 

 $81,685,551

Assets in 2013: $1,081,018,223
Capital Health System Inc: 

 $1,081,018,223
Other organizations performing similar types of work: 

 $54,276,000

Expenses in 2013: $597,763,860
This organization: 

 $597,763,860
Other organizations performing similar types of work: 

 $114,353,241

Income to expenses ratio in 2013: 0.9
Capital Health System Inc: 

 0.9
Other organizations performing similar types of work: 

 1.0

Expenses allocated to program services in 2007: 90.0%
This organization: 

 90.0%
Other organizations performing similar types of work: 

 85.6%

Number of employees in 2013: 4,506
Capital Health System Inc: 

 4,506
Other organizations performing similar types of work: 

 592

Employees paid over $100,000 in 2013: 14.7%
This organization: 

 14.7%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2013: 2.1%
This organization: 

 2.1%
Other organizations performing similar types of work: 

 0.3%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Checklist
20122013
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?NoYes
Is the organization required to complete Schedule B, Schedule of Contributors?YesYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoYes
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?NoNo
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?NoNo
Did the organization report an amount for investments-program related that is 5% or more of its total assets?YesYes
Did the organization report an amount for other assets that is 5% or more of its total assets?NoNo
Did the organization report an amount for other liabilities?YesYes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?NoNo
Did the organization obtain separate, independent audited financial statements for the tax year?NoNo
Was the organization included in consolidated, independent audited financial statements for the tax year?YesYes
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoYes
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoYes
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?NoNo
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?YesYes
Did the organization attach a copy of its audited financial statements?YesYes
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?NoNo
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?YesYes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?YesYes
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?YesYes
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?YesYes
Did the organization receive more than $25,000 in non-cash contributions?NoNo
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNo
Was the organization related to any tax-exempt or taxable entity?YesYes
Did the organization have a controlled entity within the meaning of section 512(b)(13)?YesYes
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
201120122013
The number reported in Box 3 of Form 1096708625648
The number of Forms W-2G000
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?YesYesYes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return4,4834,3554,506
Did the organization file all required federal employment tax returns?YesYesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?YesYesYes
Has it filed a Form 990-T for this year?YesYesYes
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?YesYesYes
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNoNo
Did the organization file Form 8886-T?NoNoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?YesYesYes
Did the organization notify the donor of the value of the goods or services provided?YesYesYes
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNoNo
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities $0$0$0
Gross income from members or shareholders$0$0$0
Gross income from other sources$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNoNo
The amount of tax-exempt interest received or accrued during the year$0$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0$0
The amount of reserves on hand$0$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNoNo
Has it filed a Form 720 to report these payments?NoNoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
20122013
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$15,713,021$13,106,876
Total reportable compensation from related organizations$0$0
Total estimated amount of other compensation from the organization and related organizations$2,059,930$1,495,127
Total number of individuals who received more than $100,000 of reportable compensation from the organization486505
Total number of independent contractors who received more than $100,000 of compensation from the organization130157
Statement of Revenue
201120122013
Total revenue$549,288,214$538,810,270$562,500,629
Contributions, Gifts, Grants and Other Similar Amounts$4,266,045$7,894,663$11,776,576
Program Service Revenue$512,421,370$516,041,705$536,201,817
541900$499,851,320$503,545,610$520,772,042
541900$35,000$44,004$112,800
541900$523,888$361,854$15,059,352
541900$11,451,963$11,793,614$257,623
All other program service revenue$0$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$31,165,951$3,093,032$2,714,422
Income from investment of tax-exempt bond proceeds$0$0$0
Royalties$0$0$0
Net rental income$2,111,438$2,319,289$1,710,824
Gross rents (Real / Personal)$2,111,438 / $0$2,319,289 / $0$1,710,824 / $0
Less: rental expenses (Real / Personal)$0 / $0$0 / $0$0 / $0
Rental income or (loss) (Real / Personal)$2,111,438 / $0$2,319,289 / $0$1,710,824 / $0
Net gain/loss from sales of assets other than inventory$-3,303,723$7,257,592$7,778,765
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $4,073,352$70,435,098 / $4,099,224$8,987,362 / $0
Less: cost or other basis and sales expenses (Securities / Other)$0 / $7,377,075$61,103,636 / $6,173,094$0 / $1,208,597
Gain or (loss) (Securities / Other)$0 / $-3,303,723$9,331,462 / $-2,073,870$8,987,362 / $-1,208,597
Net income/loss from fundraising events$0$0$0
Net income/loss from gaming activities$0$0$0
Net income/loss from sales of inventory$0$0$0
Miscellaneous Revenue$2,627,133$2,203,989$2,318,225
900099$757,099$2,203,989$2,318,225
All other revenue$0$0$0
Statement of Functional Expenses
201120122013
Total functional expenses$545,346,192$596,927,177$597,763,860
Grants and other assistance to domestic organizations and domestic governments$200,535$0$0
Grants and other assistance to domestic individuals$0$0$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0$0
Benefits paid to or for members$0$0$0
Compensation of current officers, directors, trustees, and key employees$13,596,781$12,986,644$9,471,522
Compensation not included above, to disqualified persons$0$0$0
Other salaries and wages$234,415,294$239,546,794$245,520,494
Pension plan accruals and contributions$-140,631$698,238$432,719
Other employee benefits$26,111,715$21,611,052$19,061,951
Payroll taxes$16,481,730$17,490,670$18,250,033
Fees for services (non-employees)
Management$0$0$0
Legal$325,674$309,364$365,912
Accounting$405,070$367,587$285,923
Lobbying$203,099$193,717$284,249
Professional fundraising services$0$0$0
Investment management fees$924,908$568,487$748,001
Other$55,338,924$60,966,942$64,660,399
Advertising and promotion$4,871,390$1,505,177$3,303,026
Office expenses$14,974,081$14,638,913$14,414,597
Information technology$1,911,933$3,047,493$2,830,457
Royalties$0$0$0
Occupancy$2,280,304$2,015,846$14,269,156
Travel$0$0$0
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0$0
Conferences, conventions, and meetings$563,619$465,298$728,523
Interest$10,505,340$56,510,531$48,136,797
Payments to affiliates$0$0$0
Depreciation, depletion, and amortization$36,272,029$61,292,091$63,534,770
Insurance$7,511,723$6,263,403$1,942,189
Other expenses$54,855,486$66,468,793$74,943,805
Other expenses$31,008,506$9,734,392$7,841,252
Other expenses$7,545,648$5,988,166$1,423,325
Other expenses$4,463,643$1,330,882$5,314,760
Balance Sheet
201120122013
Total assets$1,193,667,615$1,125,132,304$1,081,018,223
Cash - non-interest-bearing$0$0$0
Savings and temporary cash investments$12,291,531$9,115,996$7,072,198
Pledges and grants receivable, net$0$0$0
Accounts receivable, net$63,426,868$74,582,682$81,682,299
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$142,500$445,000
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0$0
Notes and loans receivable, net$2,252,542$1,545,273$817,740
Inventories for sale or use$3,505,491$3,077,734$10,695,567
Prepaid expenses and deferred charges$20,323,451$18,232,763$15,586,175
Land, buildings, and equipment: cost or other basis$817,523,521$800,684,426$745,783,134
Investments - publicly traded securities$0$0$0
Investments - other securities$0$0$0
Investments - program-related$227,925,600$181,843,460$186,728,785
Intangible assets$17,180,067$13,433,796$12,599,362
Other assets$29,238,544$22,473,674$19,607,963
Total liabilities$891,211,033$884,201,694$868,329,110
Accounts payable and accrued expenses$85,089,815$65,355,358$68,550,768
Grants payable$0$0$0
Deferred revenue$0$0$0
Tax-exempt bond liabilities$0$0$0
Escrow or custodial account liability$0$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0$0
Secured mortgages and notes payable to unrelated third parties$719,686,092$755,969,345$754,548,494
Unsecured notes and loans payable to unrelated third parties$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$86,435,126$62,876,991$45,229,848
Total net assets or fund balances$302,456,582$240,930,610$212,689,113
Unrestricted net assets$302,456,582$240,930,610$212,689,113
Temporarily restricted net assets$0$0$0
Permanently restricted net assets$0$0$0
Capital stock or trust principal, or current funds$0$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii)
Number of organizations supported0
Sum of amounts of support$0
Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002001200220032004200520062007
Total revenue$257,546,157$270,022,546$329,958,965$340,482,729$365,725,115$401,366,708$416,727,976$460,155,352
Contributions, gifts, grants, and similar amounts received$3,044,849$2,948,352$2,731,090$4,176,738$3,760,303$4,749,774$4,906,345$4,777,259
Contributions to donor advised funds$0$0
Direct public support$0$0$0$86,053$124,739$94,591$100,772$103,177
Indirect public support$0$0$0$0$187,287$0$0$0
Government contributions (grants)$3,044,849$2,948,352$2,731,090$4,090,685$3,448,277$4,655,183$4,805,573$4,674,082
Program service revenue including government fees and contracts$238,920,570$257,672,915$320,236,986$329,047,229$352,069,856$384,277,020$388,641,520$425,374,815
Membership dues and assessments$0$0$0$0$0$0$0$0
Interest on savings and temporary cash investments$0$0$0$0$0$0$0$0
Dividends and interest from securities$3,259,704$3,512,454$3,240,883$3,721,862$5,937,788$5,728,467$8,263,104$8,844,673
Net rental income or (loss)$246,019$349,760$627,175$529,142$190,627$590,292$907,623$721,627
Gross rents$1,353,762$1,339,977$1,442,876$1,437,411$1,124,625$1,626,574$1,889,439$1,991,381
Less: rental expenses$1,107,743$990,217$815,701$908,269$933,998$1,036,282$981,816$1,269,754
Other investment income$0$0$0$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$6,552,116$253,529$-2,586,572$325,128$1,192,437$3,456,479$11,332,314$17,558,210
Gross amount from sales of assets other than inventory$18,756,770$51,815,520$17,595,052$82,542,110$92,086,107$178,612,738$36,803,500$149,170,100
Less: cost or other basis and sales expenses$12,204,654$51,561,991$20,181,624$82,216,982$90,893,670$175,156,259$25,471,186$131,611,890
Net income or (loss) from special events and activities$0$0$0$0$0$0$0$0
Gross revenue$0$0$0$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0$0$0$0
Other revenue$5,522,899$5,285,536$5,709,403$2,682,630$2,574,104$2,564,676$2,677,070$2,878,768
Total expenses$254,630,053$264,455,828$313,646,055$328,949,227$334,716,333$369,078,607$388,204,229$400,494,705
Program services$126,752,517$134,321,087$152,037,349$158,773,229$157,568,614$170,325,320$349,383,806$360,445,234
Management and general$127,877,536$130,134,741$161,608,706$170,175,998$177,147,719$198,753,287$38,820,423$40,049,471
Fundraising$0$0$0$0$0$0$0$0
Payments to affiliates$0$0$0$0$0$0$0$0
Net assets or fund balances at end of year$62,225,514$58,906,197$87,503,097$105,541,103$132,700,860$168,269,078$208,416,838$255,007,310
Excess or (deficit) for the year$2,916,104$5,566,718$16,312,910$11,533,502$31,008,782$32,288,101$28,523,747$59,660,647
Net assets or fund balances at beginning of year$71,226,988$62,225,514$58,906,197$87,503,097$105,541,103$132,700,860$168,269,078$208,416,838
Other changes in net assets or fund balances$-11,917,578$-8,886,035$12,283,990$6,504,504$-3,849,025$3,280,117$11,624,013$-13,070,175
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$400,494,705$360,445,234$40,049,471$0
Grants paid from donor advised funds$0
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$4,533,466$4,080,120$453,346$0
Compensation of former officers, directors, key employees, etc.$597,205$537,484$59,721$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$1,510,349$1,359,315$151,034$0
Salaries and wages of employees not included above$183,754,981$165,379,483$18,375,498$0
Pension plan contributions not included above$3,545,404$3,190,864$354,540$0
Employee benefits not included above$14,375,189$12,937,670$1,437,519$0
Payroll taxes$12,572,908$11,315,617$1,257,291$0
Professional fundraising fees$0$0$0$0
Accounting fees$240,984$216,886$24,098$0
Legal fees$369,697$332,727$36,970$0
Supplies$42,147,747$37,932,972$4,214,775$0
Telephone$1,034,612$931,151$103,461$0
Postage and shipping$525,806$473,225$52,581$0
Occupancy$7,524,127$6,771,714$752,413$0
Equipment rental and maintenance$4,526,087$4,073,478$452,609$0
Printing and publications$789,688$710,719$78,969$0
Travel$0$0$0$0
Conferences, conventions, and meetings$301,805$271,625$30,180$0
Interest$8,643,058$7,778,752$864,306$0
Depreciation, depletion, etc.$21,233,689$19,110,320$2,123,369$0
Other expenses not covered above$92,267,903$83,041,112$9,226,791$0
Balance Sheets
20002001200220032004200520062007
Total assets$225,060,089$247,920,849$291,017,379$409,150,248$449,100,616$501,870,878$541,344,060$640,417,161
Cash - non-interest-bearing$25,978,401$37,759,872$83,195,424$0$0$0$0$0
Savings and temporary cash investments$833,600$0$0$76,521,783$86,832,424$15,357,494$14,202,135$15,234,783
Accounts receivable less allowance for doubtful accounts$28,850,835$29,956,557$30,044,508$33,040,472$33,560,845$32,720,005$34,054,464$38,303,047
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Grants receivable$0$0$0$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$802,893$802,893$0$0$0$0$0$0
Inventories for sale or use$1,513,126$0$0$1,592,966$1,541,259$1,618,086$2,166,377$1,986,919
Prepaid expenses and deferred charges$3,044,485$3,018,480$3,457,892$4,050,409$5,204,754$5,000,961$4,920,050$5,009,462
Investments - publicly-traded securities$187,445,487$206,621,793
Investments - other securities$54,602,902$68,219,182$64,972,901$49,864,911$70,564,538$165,809,948$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0$0$0$0$0
Investments - other$1,204,431$1,053,209$860,759$85,322,598$76,025,912$58,725,419$49,902,149$61,357,167
Land, buildings, and equipment less accumulated depreciation$102,842,343$98,889,695$99,438,878$114,311,637$127,174,228$151,280,057$162,423,326$217,514,521
Other assets, including program-related investments$5,387,073$8,220,961$9,047,017$44,445,472$48,196,656$71,358,908$86,230,072$94,389,469
Total liabilities$162,834,575$189,014,652$203,514,282$303,609,145$316,399,756$333,601,800$332,927,222$385,409,851
Accounts payable and accrued expenses$47,715,172$46,016,866$59,193,693$56,157,503$60,895,816$60,828,697$54,425,435$57,964,100
Grants payable$0$0$0$0$0$0$0$0
Deferred revenue$0$0$0$0$0$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Tax-exempt bond liabilities$92,687,137$104,120,193$100,778,249$177,326,576$174,657,284$170,412,992$166,185,443$161,584,828
Mortgages and other notes payable$313,933$239,164$0$0$0$0$0$46,196,518
Other liabilities$22,118,333$38,638,429$43,542,340$70,125,066$80,846,656$102,360,111$112,316,344$119,664,405
Total liabilities and net assets/fund balances$225,060,089$247,920,849$291,017,379$409,150,248$449,100,616$501,870,878$541,344,060$640,417,161
Total net assets or fund balances$62,225,514$58,906,197$87,503,097$105,541,103$132,700,860$168,269,078$208,416,838$255,007,310
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002001200220032004200520062007
Total revenue$257,546,157$270,022,546$329,958,965$340,482,639$365,725,115$401,366,708$416,727,976$460,155,352
Total revenue, gains, and other support per audited financial statements$258,653,900$271,012,763$330,774,666$347,895,412$367,496,017$407,521,005$429,333,805$461,425,106
Other expenses$0$0$0$6,504,504$836,904$5,118,015$11,624,013$1,269,754
Net unrealized gains on investments$0$0$0$3,463,178$0$4,230,256$5,058,217$0
Donated services and use of facilities$0$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0$0
Other$0$0$0$3,041,326$836,904$887,759$6,565,796$1,269,754
Other revenue$-1,107,743$-990,217$-815,701$-908,269$-933,998$-1,036,282$-981,816$0
Investment expenses$0$0$0$0$0$0$0$0
Other$-1,107,743$-990,217$-815,701$-908,269$-933,998$-1,036,282$-981,816$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002001200220032004200520062007
Total expenses$254,630,053$264,455,828$313,646,055$328,949,227$334,716,333$369,078,607$388,204,229$400,494,705
Total expenses and losses per audited financial statements$255,737,796$265,446,045$314,461,756$329,857,496$340,336,260$371,952,787$389,186,045$412,318,454
Other revenue$1,107,743$990,217$815,701$908,269$5,619,927$2,874,180$981,816$11,823,749
Donated services and use of facilities$0$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0$0
Losses$0$0$0$0$582,730$0$0$10,553,995
Other$1,107,743$990,217$815,701$908,269$5,037,197$2,874,180$981,816$1,269,754
Other expenses$0$0$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
60$658,414$365,373$0
55$491,200$207,538$0
55$350,906$231,129$0
55$365,679$24,917$0
55$296,114$16,915$0
55$284,685$38,338$0
55$205,091$21,441$0
55$411,936$17,829$0
55$334,751$28,011$0
3$17,949$0$0
3$90,250$0$0
3$75,000$0$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings19
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Former Officers, Directors, Trustees, and Key Employees That Received Compensation or Other Benefits
Loans and AdvancesCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
$0$577,927$19,278$0
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20063,245
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$1,127,562$28,875,716$425,374,815
Program service revenue
Program service revenue 1000000$000$0$420,184,525
Program service revenue 2000000$000$0$3,929,356
Program service revenue 3000000$000$0$590,969
Program service revenue 4000000$000$0$459,965
Program service revenue 5000000$000$0$210,000
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$000$0$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$8,844,673$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$0Real property rental income that does not depend on the income or profits derived by the person leasing the property and is excluded by section 512(b)(3)$721,627$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$17,558,210$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenueChild day care services$1,127,562Section 501(c)(3) organization - Income from an activity carried on primarily for the convenience of the organization's members, students, patients, visitors, officers, or employees (hospital parking lot or museum cafeteria, for example) (section 513(a)(2))$1,751,206$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
123456789100%$4,580,091$21,758,864
222778535100%$2,577,182$3,053,598
222775694100%$59,621$303,512
432016938100%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$951,555$21,464$0
$811,699$17,134$0
$514,364$27,714$0
$386,863$25,587$0
$378,205$32,997$0
Total number of other employees paid over $50,0001,169
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$145,620
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isHospital, or a cooperative hospital service organization
Support Schedule
19992000200120022003200420052006
Total$0$0$0$0$0$0$0$0
Gifts, grants, and contributions received$0$0$0$0$0$0$0$0
Membership fees received$0$0$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0$0$0$0$0$0
Net income from unrelated business activities not included above$0$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0$0
Other income$0$0$0$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Unrelated Trade or Business Income (for 2008)
IncomeExpensesNet
Total$1,259,763$0$1,259,763
Gross receipts or sales less returns and allowances$1,259,763$0$0
Cost of goods sold$0$0$0
Gross profit$1,259,763$0$1,259,763
Capital gain net income$0$0$0
Net gain$0$0$0
Capital loss deduction for trusts$0$0$0
Income (loss) from partnerships and S corporations$0$0$0
Rent income$0$0$0
Unrelated debt-financed income$0$0$0
Interest, annuities, royalties, and rents from controlled organizations$0$0$0
Investment income of a section 501(c)(7), (9), or (17) organization$0$0$0
Exploited exempt activity income$0$0$0
Advertising income$0$0$0
Other income$0$0$0
Deductions Not Taken Elsewhere (for 2008)
Total deductions$1,283,129
Compensation of officers, directors, and trustees$0
Salaries and wages$808,023
Repairs and maintenance$0
Bad debts$0
Interest$0
Taxes and licenses$0
Charitable contributions$0
Depreciation$10,094
Depletion$0
Contributions to deferred compensation plans$0
Employee benefit programs$193,852
Excess exempt expenses$0
Excess readership costs$0
Other deductions$271,160
Unrelated business taxable income$-145,084
Unrelated business taxable income before net operating loss deduction$-23,366
Net operating loss deduction$121,718
Unrelated business taxable income before specific deduction$-145,084
Specific deduction$1,000
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Capital Health System Inc to others? (optional)
  
Add photo of Capital Health System Inc (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Capital Health System Inc750 Brunswick Ave, Trenton, NJ 08638-4143NJ1998-03$563,709,226
2Cathedral Health Services Inc1160 Raymond Boulevard, Newark, NJ 07102NJ1990-06$253,611,693
3Takoma Regional Hospital Inc401 Takoma Ave, Greeneville, TN 37743-4647TN2007-07$50,650,644
4Virtua Medical Group Pa20 W Stow Rd Ste 8, Marlton, NJ 08053-3160NJ2011-08$97,871,257
5Reid Physician Associates Inc1100 Reid Pkwy, Richmond, IN 47374-1157IN2010-01$39,994,813
6Mercy Hospital Aurora645 Maryville Centre Dr Ste 100, Saint Louis, MO 63141-5846MO1946-03$23,901,205
7Harlem Medical Associates Pc506 Lenoa Ave, New York, NY 10037-1802NY2014-03$12,174,793
8Amg Illinois LtdPO BOX 343910, Milwaukee, WI 53234-3910WI2014-03$9,672,770
9Medical Center Of Peach County Inc691 Cherry Street Suite 700, Macon, GA 31201GA2012-10$8,733,393
10Burdett Care Center Inc2215 Burdett Ave Ste 200, Troy, NY 12180NY2013-03$7,155,164
11St Louis Regional Psychiatric Stabilization Center5355 Delmar Blvd, Saint Louis, MO 63112-3146MO2014-08$6,956,942
12Lancaster General Rehabilitationservices Inc555 N Duke St, Lancaster, PA 17602-2250PA2012-12$2,424,482
13Clifton-Fine Health Care Corporation1014 Oswegatchie Trail, Star Lake, NY 13690NY2013-08$1,455,338
14Eastern Maine Healthcare Systems, Norumbega Medical Specialists Ltd43 Whiting Hill Road, Brewer, ME 04412ME2005-06$1,204,765
15Eastern Maine Healthcare Systems, Horizon's Health ServicesPo Box 151, Presque Isle, ME 04769ME2005-06$73,441
16Centegra Hospital - Huntley385 Millenium Drive, Crystal Lake, IL 60012IL2013-08$0
17Health Plan Consumer Advocates Inc, H P C Advocates Inc232 Duranzo Aisle, Irvine, CA 92606-8360CA2001-07$0
18Humboldt Trinity HealthcarePo Box 1116, Arcata, CA 95518-1116CA2015-02$0
19Medselect1000 Pine St, Texarkana, TX 75501-5100TX2002-12$0
20One Cura Wellness Trust Inc19800 Macarthur Blvd Ste 650, Irvine, CA 92612-8443CA2015-02$0
Number of organizations performing similar types of work
Arizona1
California4
Georgia1
Illinois4
Indiana3
Louisiana1
Massachusetts1
Maine17
Michigan2
Minnesota1
Missouri4
North Carolina1
New Jersey3
New York4
Ohio1
Oklahoma3
Pennsylvania4
South Carolina1
Tennessee3
Texas7
Virginia2
Washington2
Wisconsin2
West Virginia1
Total73

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Capital Health System Inc and has no official or unofficial affiliation with Capital Health System Inc