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ST PETERS FOUNDATION

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Public IRS 990 nonprofit record

ST PETERS FOUNDATION

EIN 22-2329197 · Health Care (E)

What they do

ESTABLISHED IN 1981, SAINT PETERS FOUNDATION is THE PHILANTHROPIC ARM of THE SAINT PETERS HEALTHCARE SYSTEM. BUILDING UPON OUR CATHOLIC MINISTRY and A LONG-STANDING TRADITION of COMPASSIONATE and HOLISTIC PATIENT CARE, WE CULTIVATE and DISTRIBUTE RESOURCES to ADVANCE THE DELIVERY of EXCEPTIONAL HEALTHCARE SERVICES. OUR AIM is to FOSTER A CULTURE of PHILANTHROPY and RAISE AWARENESS for OUR PROGRAMS and INITIATIVES BY INSPIRING OTHERS to INVEST IN QUALITY HEALTH CARE for THOSE WE SERVE.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $93.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders15 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

107.29%of revenue went to mission work93.7% of expenses · Program services
7.27%of revenue went to fundraising6.3% of expenses
$114.56spent for every $100 of revenueSpending was higher than revenue this year.
$4.59in assets for every $1 spent this yearSome assets cannot be spent right away.
86.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $435,083 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $314,342 for LESLIE D HIRSCH FACHE (TRUSTEE). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$2,988,665
Mission workProgram services$3,206,416107.29% of revenue93.7% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations$217,3327.27% of revenue6.3% of expenses
Total expenses$3,423,748114.56% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 93.7% mission · 0.0% management · 6.3% fundraisingTotal expenses: 114.56% of revenue
2023Expense mix: 87.8% mission · 0.0% management · 12.2% fundraisingTotal expenses: 58.22% of revenue
2022Expense mix: 85.0% mission · 0.0% management · 15.0% fundraisingTotal expenses: 56.47% of revenue
2021Expense mix: 83.6% mission · 16.4% management · 0.0% fundraisingTotal expenses: 62.12% of revenue
2020Expense mix: 82.8% mission · 17.2% management · 0.0% fundraisingTotal expenses: 25.35% of revenue
2019Expense mix: 90.3% mission · 9.7% management · 0.0% fundraisingTotal expenses: 158.91% of revenue
2018Expense mix: 84.5% mission · 15.5% management · 0.0% fundraisingTotal expenses: 48.12% of revenue
2017Expense mix: 94.1% mission · 0.0% management · 5.9% fundraisingTotal expenses: 256.13% of revenue

Money in and money out

Revenue$2,988,665
Expenses$3,423,748
Annual shortfall $435,083 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$3,206,416 · 93.7% of expenses
Fundraising$217,332 · 6.3% of expenses
See all reported dollar amounts
Revenue$2,988,665
Expenses$3,423,748
Assets$15,698,181
Income$3,279,285
Contributions$2,585,066
Mission work (program services)$3,206,416
Fundraising$217,332
Grants given$15,512,458
Average grant$1,939,057
Accounting fees$28,250
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
LESLIE D HIRSCH FACHETRUSTEE · 55 hrs/week $314,342Base · Other $314,342
GARRICK J STOLDT FHFMA CPATREASURER - CFO SPHCS · 55 hrs/week $124,429Base · Other $124,429
ALYSSA A VERDERAMI ESQVP; LEGAL & RISK MGMT · 55 hrs/week $107,467Base · Other $107,467
JAMES S CHOMAVP; CATHOLIC MISSION & CDO · 55 hrs/week $80,205Base · Other $80,205

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (15)

LESLIE D HIRSCH FACHETRUSTEE

GARRICK J STOLDT FHFMA CPATREASURER - CFO SPHCS

ALYSSA A VERDERAMI ESQVP; LEGAL & RISK MGMT

JAMES S CHOMAVP; CATHOLIC MISSION & CDO

ANITA K WALSHTRUSTEE (TERMED 6/10/2024)

ANTHONY DEMARCOTRUSTEE

BRIAN REGANTRUSTEE

DANI EL-HAJVICE - CHAIRMAN - TRUSTEE

DAVID SAMUEL PE PP CMECHAIRMAN - TRUSTEE

HYESUNG DEMESMIN PHARMDTRUSTEE (TERMED 6/10/2024)

KEVIN P EGANTRUSTEE (TERMED 6/10/2024)

MICHAEL MCCORMICKTRUSTEE

REV MONSIGNOR JOHN N FELLTRUSTEE

RICHARD A MALOUF SRTRUSTEE

VINCENT J DICKSTRUSTEE

About this charity

Recognized since
January 1982
Location
254 EASTON AVE, NEW BRUNSWICK, NJ 08901-1766
County
Middlesex
In care of
% GARRICK J STOLDT FHFMA CP
Primary officer
GARRICK J STOLDT, CFO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
WITHUMSMITHBROWN PC
NTEE classification
Health Care (E)
IRS tax category
Health Care
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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