Nonprofit · EIN 22-3392808
FOUNDATION FOR MORRISTOWN MEDICAL CENTER INC
Also known as MORRISTOWN MEMORIAL HEALTH FOUNDATI
Tax-exempt · MORRISTOWN, NJ 07960
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $41,654,876 | $28,007,443 | $13,647,433 | $228,398,929 | $8,919,082 | $219,479,847 |
| December 31, 2023 | 990 | $28,600,440 | $21,294,598 | $7,305,842 | $200,857,010 | $4,746,690 | $196,110,320 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $32,854,113
- Program service revenue
- $0
- Investment income
- $8,811,057
- Net gain from sales of assets
- $516,878
- Net income from fundraising events
- -$49,955
- Net income from gaming
- $39,661
- Other revenue
- -$10,294
Expenses
- Grants and similar amounts paid
- $11,391,774
- Salaries, compensation and benefits (total)
- $11,798,638
- Professional fundraising fees
- $386,730
- Legal fees
- $21,066
- Accounting fees
- $24,000
- Occupancy
- $182,592
- Travel
- $58,916
- Program services (functional)
- $22,159,507
- Management and general (functional)
- $2,390,113
- Fundraising (functional)
- $3,457,823
Balance sheet and other
- Total assets, start of year
- $200,857,010
- Total assets, end of year
- $228,398,929
- Total liabilities, end of year
- $8,919,082
- Net assets, end of year
- $219,479,847
- Publicly traded securities
- $82,344,100
- Net assets without donor restrictions
- $58,215,647
- Net assets with donor restrictions
- $161,264,200
- Gross unrelated business income
- -$199
- Gross receipts
- $49,979,229
- Employees
- 0
- Volunteers
- 192
- Year formed
- 1995
- State of legal domicile
- NJ
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Kevin Lenahan | EVP-Chief Business & Strat Officer | 2 | $0 | $2,924,716 | $461,142 |
| Patricia O'Keefe | SVP, CNE/Pres. MMC Trustee or director, Officer | 2 | $0 | $2,289,794 | $282,358 |
| Michael Walter | SVP-Chief Financial Office Officer | 2 | $0 | $1,615,288 | $257,152 |
| Eric Whitman MD | Trustee Trustee or director | 2 | $0 | $1,090,380 | $52,405 |
| Robert Coyne | Trustee Trustee or director | 2 | $0 | $913,095 | $33,784 |
| Christopher Zipp MD | Trustee Trustee or director | 2 | $0 | $690,344 | $43,088 |
| Jennifer Smith | Chief Development Offier Officer | 55 | $0 | $535,937 | $34,101 |
| Brandee Fetherman | Trustee Trustee or director | 2 | $0 | $447,648 | $49,839 |
| Brenda Matti-Orozco MD FACP | Trustee Trustee or director | 2 | $0 | $427,188 | $31,544 |
| Cynthia W O'Donnell | Director of Gift Planning Officer | 55 | $0 | $238,621 | $40,383 |
| Andrew Rooke Jr | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Anthony A Lombardo | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Shawn Brennan | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Kelly Frank | Trustee-Treasurer Trustee or director, Officer | 2 | $0 | $0 | $0 |
| Kathy Christie | Trustee Trustee or director | 2 | $0 | $0 | $0 |
26 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Paul Cain | Trustee Trustee or director | 2 | $0 |
| Christine Gilfillan | Trustee Trustee or director | 2 | $0 |
| Chirag Patel | Trustee Trustee or director | 2 | $0 |
| Glenn Yarnis | Trustee Trustee or director | 2 | $0 |
| Meghan Lyon | Trustee Trustee or director | 2 | $0 |
| J Peter Simon | Trustee Trustee or director | 2 | $0 |
| John Jack Burke III | Trustee Trustee or director | 2 | $0 |
| Monique Nelson | Trustee Trustee or director | 2 | $0 |
| Juliet Patsalos-Fox | Trustee Trustee or director | 2 | $0 |
| Carl Goldberg | Trustee Trustee or director | 2 | $0 |
| Kelly Sturman | Trustee Trustee or director | 2 | $0 |
| Harvey Gerhard MD | Trustee Trustee or director | 2 | $0 |
| Eugene Huang | Trustee Trustee or director | 2 | $0 |
| Srinivas V Maddali | Trustee Trustee or director | 2 | $0 |
| Lori Ingber PHD | Trustee-Secretary Trustee or director, Officer | 2 | $0 |
| Marc Adee | Trustee-Vice Chairman Trustee or director, Officer | 2 | $0 |
| Christopher Riccobono | Trustee Trustee or director | 2 | $0 |
| Dale Scolnick | Trustee Trustee or director | 2 | $0 |
| Mary Courtemanche | Trustee Trustee or director | 2 | $0 |
| Richard P Goryeb | Trustee Trustee or director | 2 | $0 |
| Robert Tafaro - Chairman | Trustee Trustee or director, Officer | 2 | $0 |
| Thomas P Mac Mahon | Trustee Trustee or director | 2 | $0 |
| Walter Lewis MD | Trustee Trustee or director | 2 | $0 |
| William D Bruen Jr | Trustee Trustee or director | 2 | $0 |
| Kathleen Ross | Trustee Trustee or director | 2 | $0 |
| Deborah Hanson | Trustee Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 41 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Kevin Lenahan | EVP-Chief Business & Strat Officer | 2 | $0 | $6,754,515 | $406,954 |
| Patricia O'Keefe | SVP, CNE/Pres. MMC Trustee or director, Officer | 2 | $0 | $1,781,450 | $250,125 |
| Eric Whitman MD | Trustee Trustee or director | 2 | $0 | $1,070,539 | $50,002 |
| Michael Walter | SVP-Chief Financial Office Officer | 2 | $0 | $971,184 | $137,577 |
| Robert Coyne | Trustee Trustee or director | 2 | $0 | $908,415 | $30,947 |
| Jennifer Smith | Chief Development Offier Officer | 55 | $0 | $495,749 | $33,581 |
| Brenda Matti-Orozco MD FACP | Trustee Trustee or director | 2 | $0 | $450,240 | $30,899 |
| Branee Fetherman | Trustee Trustee or director | 2 | $0 | $424,391 | $41,143 |
| Keerti Sharma MD | Trustee Trustee or director | 2 | $0 | $340,929 | $26,902 |
| Cynthia W O'Donnell | Director of Gift Planning Officer | 55 | $0 | $228,665 | $39,058 |
| Andrew Rooke Jr | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Anthony A Lombardo | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Shawn Bennan | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Kelly Frank | Trustee-Treasurer Trustee or director, Officer | 2 | $0 | $0 | $0 |
| Kathy Christie | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Chirag Patel | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Christine Gilfillan | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| David Taylor MD | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Glenn Yarnis | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Meghan Lyon | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| J Peter Simon | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| John Jack Burke III | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Monique Nelson | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Juliet Patsalos-Fox | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Carl Goldberg | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Kelly Sturman | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Keith Richardson | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Srinivas V Maddali | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Lori Ingber PHD | Trustee-Secretary Trustee or director, Officer | 2 | $0 | $0 | $0 |
| Marc Adee | Trustee-Vice Chairman Trustee or director, Officer | 2 | $0 | $0 | $0 |
| John O'Grady MD | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Daniel Wiener | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Mary Courtemanche | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Richard P Goryeb | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Robert Tafaro - Chairman | Trustee Trustee or director, Officer | 2 | $0 | $0 | $0 |
| Thomas P Mac Mahon | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| W Rodman Ryan | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Walter Lewis MD | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| William D Bruen Jr | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Kathleen Ross | Trustee Trustee or director | 2 | $0 | $0 | $0 |
| Deborah Hanson | Trustee Trustee or director | 2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 475 SOUTH ST, MORRISTOWN, NJ 07960-6459
- In care of
- % JAMES F QUINN
- Principal officer (990 for 2024)
- Michael Walter, 475 South Street, Morristown, NJ 07960
- Signed the 990
- Michael Walter, SVP, CFO
- Phone
- (973) 593-2400
- Website
- www.f4mmc.org
- Return prepared by
- Ernst & Young US LLP
Mission
To inspire community philanthropy to advance exceptional health care for patients at Morristown Medical Center. The objective is to use philanthropy to preserve and expand the Medical Center's programs and services in patient care, clinical research, medical and public health education, and preventive medicine.
Program accomplishments
- The Foundation for Morristown Medical Center (F4MMC) is a standalone foundation, which is a not-for-profit fundraising organization that solicits funds in its general appeal for the benefit and support of Atlantic Health System, Inc. and AHS Hospital Corporation (the Corporation), and all subsidiaries thereof. Morristown Medical Center is the principal recipient of the fundraising carried out by F4MMC.Expenses $22,159,507 · grants $11,391,774
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 22-3392808
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1995
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E122)
- Assets (IRS master file)
- $228,398,929
- Income (IRS master file)
- $49,979,229
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $41,654,876 | $28,007,443 | $228,398,929 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $28,600,440 | $21,294,598 | $200,857,010 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $32,154,791 | $13,238,552 | $173,976,621 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-3392808).
Questions about FOUNDATION FOR MORRISTOWN MEDICAL CENTER INC
- What is the EIN of FOUNDATION FOR MORRISTOWN MEDICAL CENTER INC?
- The employer identification number (EIN) of FOUNDATION FOR MORRISTOWN MEDICAL CENTER INC is 22-3392808.
- Is FOUNDATION FOR MORRISTOWN MEDICAL CENTER INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to FOUNDATION FOR MORRISTOWN MEDICAL CENTER INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FOUNDATION FOR MORRISTOWN MEDICAL CENTER INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FOUNDATION FOR MORRISTOWN MEDICAL CENTER INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FOUNDATION FOR MORRISTOWN MEDICAL CENTER INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of FOUNDATION FOR MORRISTOWN MEDICAL CENTER INC?
- The 990 for the year ended December 31, 2024 names Michael Walter.
- Who are the officers and directors of FOUNDATION FOR MORRISTOWN MEDICAL CENTER INC?
- The 990 for the year ended December 31, 2024 lists 41 people; 0 received compensation from the organization.
- How much revenue does FOUNDATION FOR MORRISTOWN MEDICAL CENTER INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $41,654,876, expenses of $28,007,443 and total assets of $228,398,929 at year end.
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