Nonprofit · EIN 22-3178785
THE MEMORIAL HEALTH FOUNDATION INC RETIRED EMPLOYEE BENEFIT PLAN
Tax-exempt · MORRISTOWN, NJ 07960
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $8,005,274 | $7,182,761 | $822,513 | $85,447,496 | $7,738,197 | $77,709,299 |
| December 31, 2023 | 990 | $9,283,457 | $7,062,792 | $2,220,665 | $87,047,011 | $10,413,099 | $76,633,912 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $646,692
- Investment income
- $7,358,582
- Net gain from sales of assets
- $6,139,795
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $6,865,079
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $27,000
Balance sheet and other
- Total assets, start of year
- $87,047,011
- Total assets, end of year
- $85,447,496
- Total liabilities, end of year
- $7,738,197
- Net assets, end of year
- $77,709,299
- Publicly traded securities
- $81,679,505
- Net assets without donor restrictions
- $77,709,299
- Gross receipts
- $31,339,557
- Employees
- 0
- Volunteers
- 0
- 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 |
|---|---|---|---|---|---|
| BRIAN GRAGNOLATI | President and CEO Trustee or director, Officer | 2 | $0 | $9,720,812 | $1,780,496 |
| KEVIN LENAHAN | EVP-Chief Business & Strat Officer | 2 | $0 | $2,924,716 | $461,142 |
| MICHAEL WALTER | SVP- Chief Financial Ofice Officer | 2 | $0 | $1,615,288 | $257,152 |
| LAURA ANN KELLY | TRUSTEE Trustee or director, Officer | 2 | $0 | $0 | $0 |
| ROBERT E McCRACKEN | TRUSTEE Trustee or director, Officer | 2 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| BRIAN GRAGNOLATI | President and CEO Trustee or director, Officer | 2 | $0 | $8,373,068 | $1,137,448 |
| Kevin Lenahan | EVP-Chief Business & Strat Officer | 2 | $0 | $6,754,515 | $406,954 |
| Michael Walter | SVP- Chief Financial Oficer Officer | 2 | $0 | $971,184 | $137,577 |
| LAURA ANN KELLY | TRUSTEE Trustee or director, Officer | 2 | $0 | $0 | $0 |
| ROBERT E McCRACKEN | TRUSTEE Trustee or director, Officer | 2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 100 MADISON AVENUE DEPT 920, MORRISTOWN, NJ 07960-6136
- Principal officer (990 for 2024)
- Michael Walter, 475 South Street, Morristown, NJ 07960
- Signed the 990
- Michael Walter - Of Sponsoring Org, EVP, CFO
- Phone
- (973) 660-6100
- Return prepared by
- Ernst & Young US LLP
Mission
To provide a non-contributory defined health and welfare plan for eligible participants and retirees.
Program accomplishments
- Non-Contributory Defined Benefit Health and Welfare Plan
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
- 22-3178785
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 1995
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $85,447,496
- Income (IRS master file)
- $31,339,557
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $8,005,274 | $7,182,761 | $85,447,496 | XML |
| 990 | December 2023 | $9,283,457 | $7,062,792 | $87,047,011 | XML |
| 990 | December 2022 | $6,933,899 | $6,753,692 | $78,565,964 | IRS |
| 990 | 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 22-3178785).
Questions about THE MEMORIAL HEALTH FOUNDATION INC RETIRED EMPLOYEE BENEFIT PLAN
- What is the EIN of THE MEMORIAL HEALTH FOUNDATION INC RETIRED EMPLOYEE BENEFIT PLAN?
- The employer identification number (EIN) of THE MEMORIAL HEALTH FOUNDATION INC RETIRED EMPLOYEE BENEFIT PLAN is 22-3178785.
- Is THE MEMORIAL HEALTH FOUNDATION INC RETIRED EMPLOYEE BENEFIT PLAN tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1995.
- Are donations to THE MEMORIAL HEALTH FOUNDATION INC RETIRED EMPLOYEE BENEFIT PLAN tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does THE MEMORIAL HEALTH FOUNDATION INC RETIRED EMPLOYEE BENEFIT PLAN 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 THE MEMORIAL HEALTH FOUNDATION INC RETIRED EMPLOYEE BENEFIT PLAN 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 THE MEMORIAL HEALTH FOUNDATION INC RETIRED EMPLOYEE BENEFIT PLAN 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 THE MEMORIAL HEALTH FOUNDATION INC RETIRED EMPLOYEE BENEFIT PLAN?
- The 990 for the year ended December 31, 2024 names Michael Walter.
- Who are the officers and directors of THE MEMORIAL HEALTH FOUNDATION INC RETIRED EMPLOYEE BENEFIT PLAN?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does THE MEMORIAL HEALTH FOUNDATION INC RETIRED EMPLOYEE BENEFIT PLAN have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $8,005,274, expenses of $7,182,761 and total assets of $85,447,496 at year end.
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