Nonprofit · EIN 22-1773439
KENNEDY UNIVERSITY HOSPITAL INC
Tax-exempt · CHERRY HILL, NJ 08002
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $950,814,569 | $864,395,871 | $86,418,698 | $1,338,921,956 | $674,180,724 | $664,741,232 |
| June 30, 2024 | 990 | $817,020,277 | $769,485,208 | $47,535,069 | $1,250,242,656 | $667,311,206 | $582,931,450 |
| June 30, 2023 | 990 | $779,678,321 | $782,911,904 | -$3,233,583 | $1,174,362,104 | $675,153,893 | $499,208,211 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $578,562
- of which government grants
- $357,705
- Program service revenue
- $916,283,070
- Investment income
- $32,576,023
- Net rental income
- $1,376,914
- Net gain from sales of assets
- $26,157,209
- Other revenue
- $1,376,914
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $41,794
- Other salaries and wages
- $309,605,320
- Salaries, compensation and benefits (total)
- $391,848,127
- Professional fundraising fees
- $0
- Legal fees
- $1,153,811
- Accounting fees
- $273,827
- Occupancy
- $22,905,014
- Travel
- $488,613
- Depreciation
- $39,527,510
- Program services (functional)
- $745,028,044
- Management and general (functional)
- $117,748,170
- Fundraising (functional)
- $1,619,657
Balance sheet and other
- Total assets, start of year
- $1,249,670,035
- Total assets, end of year
- $1,338,921,956
- Total liabilities, end of year
- $674,180,724
- Net assets, end of year
- $664,741,232
- Land, buildings and equipment
- $687,507,844
- Net assets without donor restrictions
- $664,741,232
- Gross receipts
- $950,814,569
- Employees
- 4,814
- Volunteers
- 8
- Year formed
- 1965
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| AARON CHANG FACHE | TRUSTEE - PRESIDENT Trustee or director, Officer | 55 | $0 | $890,332 | $58,649 |
| HENRY R SCHUITEMA DO | ER PHYSICIAN Highest-paid employee | 55 | $676,149 | $0 | $56,405 |
| DAVID MAY MD | VP CHIEF PATIENT STAFF & QUAL Highest-paid employee | 55 | $608,620 | $0 | $51,525 |
| ADAM J WEAVER do | hospitalist Highest-paid employee | 55 | $546,403 | $0 | $31,372 |
| DAVID J KOVALSKY DO | INTERNIST Highest-paid employee | 55 | $519,038 | $0 | $51,329 |
| MARK J CONDOLUCI DO | INTERNIST Highest-paid employee | 55 | $517,501 | $0 | $46,067 |
| KELLY A WALENDA ESQ | SVP, LEGAL SERVICES Key employee | 55 | $40,178 | $417,676 | $47,875 |
| STEPHEN V DESTEFANO CPA | VP FINANCE - JHNJ Officer | 55 | $0 | $340,072 | $27,755 |
| JOHN F DURANTE | CHAIR - TRUSTEE Trustee or director, Officer | 5 | $0 | $0 | $0 |
| JOHN P SILVESTRI | VICE CHAIR - TRUSTEE Trustee or director, Officer | 5 | $0 | $0 | $0 |
| WILLIAM R BARKER | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
| ROBERT I BARSKY DO | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
| RONALD L CAPUTO | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
| DANIEL J DALTON | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
| ROBERT DISTANISLAO | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
10 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS J GALLIA EDD | TRUSTEE Trustee or director | 5 | $0 |
| XIHAO HU | TRUSTEE Trustee or director | 5 | $0 |
| JOSEPH A MARESSA JR ESQ | TRUSTEE Trustee or director | 5 | $0 |
| BRUCE J PAPARONE | TRUSTEE Trustee or director | 5 | $0 |
| ALBERT E SMITH CPA | TRUSTEE Trustee or director | 5 | $0 |
| DANIEL TARDITI DO | TRUSTEE Trustee or director | 5 | $0 |
| JOHN E WALLACE JR ESQ | TRUSTEE Trustee or director | 5 | $0 |
| CRISTINA G CAVALIERI ESQ | SECRETARY Officer | 60 | $0 |
| THOMAS J MARCHOZZI MBA CPA | TREASURER (EFF 2/2025) Officer | 60 | $0 |
| JOHN P MORDACH | TREASURER (TERM 2/2025) Officer | 60 | $0 |
990 for the year ended June 30, 2024: 26 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| HENRY R SCHUITEMA DO | ER PHYSICIAN Highest-paid employee | 55 | $656,018 | $0 | $45,877 |
| DAVID KOVALSKY DO | internist Highest-paid employee | 55 | $567,772 | $0 | $41,689 |
| DAVID MAY MD | VP CHIEF PATIENT STAFF & QUAL Highest-paid employee | 55 | $536,232 | $0 | $35,252 |
| MARK CONDOLUCI DO | INTERNIST Highest-paid employee | 55 | $525,220 | $0 | $39,022 |
| HASAN A EHSAN MD | internist Highest-paid employee | 55 | $495,079 | $0 | $39,100 |
| KELLY A WALENDA ESQ | SVP, LEGAL services Key employee | 55 | $452,639 | $0 | $33,621 |
| HELENE BURNS DNP RN NEA-BC | SVP/CHIEF NURSING OFFICER Key employee | 55 | $455,384 | $0 | $29,318 |
| STEPHEN V DESTEFANO CPA | VP FINANCE - JHNJ Officer | 55 | $0 | $330,239 | $26,061 |
| AARON CHANG FACHE | TRUSTEE - PRESIDENT(EFF 10/23) Trustee or director, Officer | 55 | $0 | $269,915 | $25,179 |
| BRUCE J PAPARONE | CHAIR - TRUSTEE Trustee or director, Officer | 5 | $0 | $0 | $0 |
| JOHN P SILVESTRI | VICE CHAIR - TRUSTEE Trustee or director, Officer | 5 | $0 | $0 | $0 |
| WILLIAM R BARKER | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
| ROBERT I BARSKY DO | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
| RONALD L CAPUTO | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
| DANIEL J DALTON | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
| ROBERT DISTANISLAO | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
| JOHN F DURANTE | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
| THOMAS J GALLIA EDD | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
| XIHAO HU | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
| JOSEPH A MARESSA JR ESQ | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
| ALBERT E SMITH CPA | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
| DANIEL TARDITI DO | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
| JOHN E WALLACE JR ESQ | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
| BRIAN SWEENEY RN MBA FACHE | TRUSTEE - PRES/COO(TERM 10/23) Trustee or director, Officer | 55 | $0 | $0 | $0 |
| CRISTINA G CAVALIERI ESQ | SECRETARY Officer | 60 | $0 | $0 | $0 |
| JOHN P MORDACH | TREASURER Officer | 60 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 25 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| BRIAN SWEENEY RN MBA FACHE | TRUSTEE - PRESIDENT/COO Trustee or director, Officer | 55 | $0 | $686,181 | $51,905 |
| HENRY R SCHUITEMA DO | ER PHYSICIAN Highest-paid employee | 55 | $667,727 | $0 | $41,218 |
| MARK CONDOLUCI DO | PHYSICIAN Highest-paid employee | 55 | $604,008 | $0 | $36,846 |
| JOSEPH G GAMBALE DO | HOSPITALIST Highest-paid employee | 55 | $515,213 | $0 | $30,732 |
| KELLY A WALENDA ESQ | SVP LEGAL SERVICES Key employee | 55 | $421,812 | $0 | $76,484 |
| HELENE BURNS DNP RN NEA-BC | SVP/CHIEF NURSING OFFICER Key employee | 55 | $436,664 | $0 | $48,707 |
| DAVID KOVALSKY DO | PHYSICIAN Highest-paid employee | 55 | $431,036 | $0 | $37,699 |
| DAVID MAY MD | VP CHIEF PATIENT STAFF & QUAL Highest-paid employee | 55 | $429,632 | $0 | $24,523 |
| JOSEPH W DEVINE FACHE | FORMER OFFICER Former | 0 | $412,103 | $0 | $9,559 |
| STEPHEN V DESTEFANO CPA | VP FINANCE - JHNJ Officer | 55 | $0 | $318,970 | $14,206 |
| BRUCE J PAPARONE | CHAIR - TRUSTEE Trustee or director, Officer | 5 | $0 | $0 | $0 |
| JOHN P SILVESTRI | VICE CHAIR - TRUSTEE Trustee or director, Officer | 5 | $0 | $0 | $0 |
| JOHN E WALLACE JR ESQ | SECRETARY - TRUSTEE Trustee or director, Officer | 5 | $0 | $0 | $0 |
| WILLIAM R BARKER | TREASURER - TRUSTEE Trustee or director, Officer | 5 | $0 | $0 | $0 |
| ROBERT I BARSKY DO | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
| RONALD L CAPUTO | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
| DANIEL J DALTON | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
| ROBERT DISTANISLAO | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
| JOHN F DURANTE | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
| THOMAS J GALLIA EDD | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
| XIHAO HU | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
| JOSEPH A MARESSA JR ESQ | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
| MARK SCHUSTER DO | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
| ALBERT E SMITH CPA | TRUSTEE Trustee or director | 5 | $0 | $0 | $0 |
| THOMAS A CAVALIERI DO | TRUSTEE; EX-OFFICio(TERM 3/23) Trustee or director | 5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 500 MARLBORO AVE, CHERRY HILL, NJ 08002-2020
- In care of
- % RONALD C KELLER CPA
- Principal officer (990 for 2024)
- AARON CHANG FACHE, 1101 MARKET ST STE 2004, PHILADELPHIA, PA 19107
- Signed the 990
- MICHAEL HARRINGTON, EVP/CFO
- Phone
- (856) 661-5100
- Website
- WWW.JEFFERSONHEALTH.ORG
- Return prepared by
- WithumSmithBrown PC
Mission
TO FUNCTION AS AN ACADEMIC MEDICAL CENTER THAT PROVIDES THE FINEST HEALTHCARE SERVICES WITH EXCELLENT OUTCOMES TO PEOPLE LIVING IN OUR COMMUNITIES. PLEASE REFER TO SCHEDULE O FOR THE ORGANIZATION'S COMMUNITY BENEFIT STATEMENT.
Program accomplishments
- EXPENSES INCURRED IN PROVIDING EMERGENCY AND MEDICALLY NECESSARY HEALTHCARE SERVICES TO ALL INDIVIDUALS IN A NON-DISCRIMINATORY MANNER REGARDLESS OF RACE, COLOR, CREED, SEX, NATIONAL ORIGIN, OR ABILITY TO PAY. PLEASE REFER TO SCHEDULE O FOR THE ORGANIZATION'S COMMUNITY BENEFIT STATEMENT.Expenses $745,028,044 · grants $45,500 · revenue $916,283,070
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 22-1773439
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Hospital or medical research organization
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1965
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E220)
- Assets (IRS master file)
- $1,338,921,956
- Income (IRS master file)
- $950,814,569
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $950,814,569 | $864,395,871 | $1,338,921,956 | IRS |
| 990 | June 2024 | $817,020,277 | $769,485,208 | $1,250,242,656 | IRS |
| 990 | June 2023 | $779,678,321 | $782,911,904 | $1,174,362,104 | XML |
| 990 | June 2022 | $722,110,488 | $698,423,952 | $1,180,613,061 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 22-1773439).
Questions about KENNEDY UNIVERSITY HOSPITAL INC
- What is the EIN of KENNEDY UNIVERSITY HOSPITAL INC?
- The employer identification number (EIN) of KENNEDY UNIVERSITY HOSPITAL INC is 22-1773439.
- Is KENNEDY UNIVERSITY HOSPITAL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1965.
- Are donations to KENNEDY UNIVERSITY HOSPITAL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KENNEDY UNIVERSITY HOSPITAL 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 KENNEDY UNIVERSITY HOSPITAL INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KENNEDY UNIVERSITY HOSPITAL INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of KENNEDY UNIVERSITY HOSPITAL INC?
- The 990 for the year ended June 30, 2025 names AARON CHANG FACHE.
- Who are the officers and directors of KENNEDY UNIVERSITY HOSPITAL INC?
- The 990 for the year ended June 30, 2025 lists 25 people; 6 received compensation from the organization.
- How much revenue does KENNEDY UNIVERSITY HOSPITAL INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $950,814,569, expenses of $864,395,871 and total assets of $1,338,921,956 at year end.
Other nonprofits in CHERRY HILL
- KENNEDY MEDICAL GROUP PRACTICE PC EIN 46-1420853 · last filed 990 for 2025
- CHERRY HILL FREE CLINIC INC EIN 83-3944840 · last filed 990 for 2024
- ABORTION ACCESS FOR ALL INC EIN 84-1748548 · last filed 990-EZ for 2024
- JESUS MEDICAL CLINIC IN HAITI INC EIN 81-3482759 · last filed 990-EZ for 2025
- LEGENDARY FOUNDATION INC EIN 84-4593718 · last filed 990-PF for 2025
- COMFORT KITS FOR CHEMO CARE INC EIN 87-4804479 · last filed 990-N for 2023
- KENNEDY HEALTH FACILITIES INC EIN 22-2442032 · last filed 990 for 2025
- BANCROFT A NEW JERSEY NONPROFIT CORPORATION EIN 21-0672770 · last filed 990 for 2025