Nonprofit · EIN 45-2486602
CAREPOINT HEALTH FOUNDATION INC
Tax-exempt · JERSEY CITY, NJ 07305
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990 | $5,699,253 | $5,852,067 | -$152,814 | $2,124,215 | $1,336,501 | $787,714 |
Financial details: 990 for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $5,680,580
- of which government grants
- $4,993,232
- Program service revenue
- $0
- Investment income
- $18,673
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $4,980,745
- Compensation of officers, directors and key employees
- $391,665
- Other salaries and wages
- $192,570
- Salaries, compensation and benefits (total)
- $679,848
- Professional fundraising fees
- $0
- Legal fees
- $42,205
- Accounting fees
- $66,922
- Occupancy
- $4,354
- Travel
- $5,174
- Program services (functional)
- $5,256,797
- Management and general (functional)
- $367,678
- Fundraising (functional)
- $227,592
Balance sheet and other
- Total assets, start of year
- $3,298,480
- Total assets, end of year
- $2,124,215
- Total liabilities, end of year
- $1,336,501
- Net assets, end of year
- $787,714
- Net assets without donor restrictions
- $787,714
- Gross receipts
- $5,707,871
- Employees
- 3
- Volunteers
- 11
- Year formed
- 2011
- 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, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PAULA A NEVOSO | PRESIDENT Officer | 5 | $353,633 | $38,032 |
| DANIEL ALTILIO | CHAIRMAN Trustee or director, Officer | 5 | $0 | $0 |
| EUGENE J CORNACCHIA | VICE CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| JOSEPH CAULFIELD | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| HENRY J AMOROSO | TRUSTEE Trustee or director | 5 | $0 | $0 |
| ISABEL D CHOU | TRUSTEE Trustee or director | 5 | $0 | $0 |
| ANTONIO IBARRIA | TRUSTEE Trustee or director | 5 | $0 | $0 |
| JOSE F MEDINA-LASSO | TRUSTEE Trustee or director | 5 | $0 | $0 |
| ANGEL A LAZO JR | TRUSTEE Trustee or director | 5 | $0 | $0 |
| JAMES P RYAN | TRUSTEE Trustee or director | 5 | $0 | $0 |
| KEN SHAH | SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| ANGELO M VALENTE | TRUSTEE Trustee or director | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 15627, JERSEY CITY, NJ 07305-0627
- Principal officer (990 for 2023)
- PAULA NEVOSO, 176 PALISADE AVENUE, JERSEY CITY, NJ 07306
- Signed the 990
- PAULA NEVOSO, PRESIDENT
- Phone
- (201) 795-8000
- Return prepared by
- NISIVOCCIA LLP
Mission
THE FOUNDATION WAS ESTABLISHED TO STRENGTHEN ACCESS TO CARE FOR THE UNINSURED AND THE UNDERINSURED MEMBERS OF THE HUDSON COUNTY COMMUNITY. THE FOUNDATION GENERATES CHARITABLE DOLLARS AND MAKES STRATEGIC GRANTS TO SUPPORT PROGRAMS AND SERVICES THAT ADVANCE ITS MISSION IN IMPROVING ACCESS TO HEALTH, WELLNESS, HEALTH EDUCATION AND FUTURE HEALTH PROFESSIONALS' EDUCATION SERVICES FOR RESIDENTS OF HUDSON COUNTY, NEW JERSEY.
Program accomplishments
- THE OUTPATIENT DEPARTMENT PROGRAM AT HOBOKEN UNIVERSITY MEDICAL CENTER PROVIDES INDIVIDUAL, COUPLE, FAMILY GROUP THERAPY, AND PSYCHO-EDUCATIONAL SERVICES. THE PARTIAL HOSPITAL PROGRAM PROVIDES TREATMENT FOR INDIVIDUALS SUFFERING FROM PSYCHIATRIC DISORDERS. THE AFFILIATED EMERGENCY SERVICES PROVIDE IMMEDIATE, SHORT-TERM HELP FOR INDIVIDUALS IN DANGER OF HURTING THEMSELVES OR OTHERS OR EXPERIENCING INCREASED PSYCHIATRIC AND/OR SUBSTANCE ABUSE SYMPTOMS. THE PSYCHIATRIC EMERGENCY SERVICES PROGRAM PROVIDES 24/7 PSYCHIATRIC SCREENING AND ASSESSMENT SERVICES.Expenses $3,646,511 · grants $3,646,511
- THE OUTPATIENT MENTAL HEALTH PROGRAM AT CHRIST HOSPITAL PROVIDES SHORT-TERM AND LONG-TERM THERAPY FOR INDIVIDUALS DEALING WITH DEPRESSION, GRIEF OR LOSS, ANXIETY, SERIOUS AND PERSISTENT MENTAL ILLNESS, OR MENTAL HEALTH ISSUES COMPOUNDED BY A HISTORY OF SUBSTANCE USE. THE PSYCHIATRIC EMERGENCY SERVICES PROGRAM PROVIDES 24/7 PSYCHIATRIC SCREENING AND ASSESSMENT SERVICES.Expenses $1,305,513 · grants $1,305,513
- SUPPORT PROGRAMS AND SERVICES THAT ADVANCE OUR MISSION OF IMPROVING ACCESS TO HEALTH, WELLNESS, HEALTH EDUCATION AND FUTURE HEALTH PROFESSIONALS' EDUCATION SERVICES FOR RESIDENTS OF HUDSON COUNTY, NEW JERSEY.Expenses $304,773 · grants $28,721
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 | Not on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 45-2486602
- 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
- 2012
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E32)
- Assets (IRS master file)
- $2,124,215
- Income (IRS master file)
- $5,707,871
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2023 | $5,699,253 | $5,852,067 | $2,124,215 | XML |
| 990 | December 2022 | $5,860,629 | $5,970,716 | $3,298,480 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 45-2486602).
Questions about CAREPOINT HEALTH FOUNDATION INC
- What is the EIN of CAREPOINT HEALTH FOUNDATION INC?
- The employer identification number (EIN) of CAREPOINT HEALTH FOUNDATION INC is 45-2486602.
- Is CAREPOINT HEALTH FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to CAREPOINT HEALTH FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CAREPOINT HEALTH FOUNDATION 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 CAREPOINT HEALTH FOUNDATION 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 CAREPOINT HEALTH FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2023.
- Who is the principal officer of CAREPOINT HEALTH FOUNDATION INC?
- The 990 for the year ended December 31, 2023 names PAULA NEVOSO.
- Who are the officers and directors of CAREPOINT HEALTH FOUNDATION INC?
- The 990 for the year ended December 31, 2023 lists 12 people; 1 received compensation from the organization, the highest $353,633 (PAULA A NEVOSO, PRESIDENT).
- How much revenue does CAREPOINT HEALTH FOUNDATION INC have?
- On its 990 for the year ended December 31, 2023 it reported revenue of $5,699,253, expenses of $5,852,067 and total assets of $2,124,215 at year end.
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