Capital Health System Inc
To improve the health and well-being of the populations we serve in urban and suburban communities. Please refer to the organization's community benefit statement included in schedule o.
Capital Health System Inc at a glance
In short: Capital Health System Inc gave $25K across 1 grant in 2024 (avg $25K), mostly in New Jersey. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $24,850
- -98.6% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $24,850
- -98.6% vs 2023
- Median grant
- $24,850
- Total assets
- $1,102,781,525
- +0.3% vs 2023
- Primary geography
- New Jersey (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Capital Health System Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Capital Health System Foundation Inc ($25K).
Grant Size Distribution
3 grants across all recorded years
The most common grant size was in the $1–5M range: 2 grants of 3 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Capital Health System Inc gives
- Giving fell 98% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $25K (2024) to $1.8M (2023). In 2024 it made 1 grant totaling $25K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Capital Health System Foundation Inc Trenton, NJ | program support | $24,850 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $1,102,781,525 | $1,285,510,632 | $1,264,239,613 | $24,850 | 1 | $20,120,244 |
| 2023 | $1,099,245,938 | $1,134,279,923 | $1,140,860,407 | $1,754,807 | 1 | $6,887,692 |
| 2022 | $1,096,935,152 | $1,074,088,895 | $1,048,734,396 | — | — | $11,111,597 |
| 2021 | $1,004,952,628 | $942,087,433 | $914,225,937 | $1,042,334 | 1 | $7,614,099 |
| 2020 | $985,640,390 | $777,966,939 | $796,694,417 | — | — | $780,931 |
About Capital Health System Inc
Based on IRS filings
Capital Health System Inc is a public charity focused on Health, based in Trenton, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1B in total assets. In 2024, it awarded 1 grant totaling $25K. Net investment income was $20.1M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Capital Health System Inc is led by Al Maghazehe Phd Fache, Director - President & CEO on every filing since 2020; 21 of 27 officers listed in 2024 are compensated.
Officers on the 2024 filing
Al Maghazehe Phd Fache
Director - President & CEO
On filings since 2020
55 hrs/week
$13.4M (2020) → $3.5M (2024)
Sean S. Murray
Chair - Director
On filings since 2020
5 hrs/week
No compensation reported
Ajay Choudhri MD
Director
On filings since 2020
55 hrs/week
$503K (2022) → $920K (2024)
Armen Simonian MD
Director
Director - President Medical Staff → Dir-Pres Med Staff, 2022
Dir-Pres Med Staff → Director, 2023
On filings since 2020
55 hrs/week
$158K (2020) → $752K (2024)
Randi A. Axelrod MD
Secretary - Director
On filings since 2020
5 hrs/week
$32K (2020) → $90K (2024)
Gary Brown Do Fapa
Director - President Med Staff
On filings since 2023
55 hrs/week
$600K (2023) → $628K (2024)
Donald J. Loff
Treasurer - Director
On filings since 2020
3 hrs/week
No compensation reported
Telechery A. Sudhakar MD
Director
On filings since 2020
1 hr/week
No compensation reported
Brian S. Bennett
Director
On filings since 2023
1 hr/week
No compensation reported
Colleen Woods
Director
On filings since 2023
1 hr/week
No compensation reported
Arlene Walsh
Chief Operations Officer
Senior Vice President & CAO - Chmg → COO, 2022
COO → Chief Operations Officer, 2023
On filings since 2020
55 hrs/week
$541K (2020) → $1.6M (2024)
Audra Farish
Chief Human Resources Officer
Vice President & Human Resources → Chief Human Resources Officer, 2022
On filings since 2020
55 hrs/week
$367K (2020) → $1.1M (2024)
Deborah Mican
Chief Nursing Officer
Vice President, Patient Services & Cno → Chief Nursing Officer, 2022
On filings since 2020
55 hrs/week
$442K (2020) → $801K (2024)
Deborah Visconti
Senior Vice President & Financial Operations
Vice President & Finance → Senior Vice President & Financial Operations, 2022
On filings since 2020
55 hrs/week
$352K (2020) → $851K (2024)
Eugene J. McMahon MD
Chief Medical Officer
Senior Vice President & Chief Medical Officer → Chief Medical Officer, 2022
On filings since 2020
55 hrs/week
$662K (2020) → $1.3M (2024)
Joshua A. Eisenberg MD
Chief Physician Executive
Physician → Chief Physician Executive, 2024
On filings since 2020
55 hrs/week
$961K (2020) → $1.5M (2024)
Navid Redjal MD
Physician
On filings since 2020
55 hrs/week
$847K (2020) → $1.1M (2024)
Shane F. Fleming CPA
Senior Vice President & Chief Financial Officer
On filings since 2020
55 hrs/week
$943K (2020) → $1.8M (2024)
Suzanne B. Borgos
Chief Strategy Officer
Senior Vice President & Corporate Services → Chief Strategy Officer, 2022
On filings since 2020
55 hrs/week
$560K (2020) → $1.3M (2024)
Stephen A. Miller JD
Chief Legal Officer
Senior Vice President & Clo → Chief Legal Officer, 2022
On filings since 2021
55 hrs/week
$596K (2021) → $1.2M (2024)
Thomas Westover MD
Physician
On filings since 2021
55 hrs/week
$966K (2021) → $1M (2024)
Ravikanth Koganti
Chief Information Officer
On filings since 2022
55 hrs/week
$422K (2022) → $862K (2024)
Gary Tuma MD
Physician
On filings since 2023
55 hrs/week
$1M (2023) → $1M (2024)
Pasquale Luciano DO
Physician
On filings since 2023
55 hrs/week
$993K (2023) → $1.1M (2024)
David W. Drucker MD
Physician
New on the 2024 filing
55 hrs/week
$950K (2024)
Robert Remstein MD
Vice President, Account. Care & Physician
New on the 2024 filing
55 hrs/week
$1.1M (2024)
Joshua Markowitz Esq.
Vice Chair - Director
On filings since 2020
5 hrs/week
No compensation reported
Former officers (14)
- Former: Gina P. Mumolie (2020–2023) — Former Key Employee
- Former: Lee M. Buono MD (2020–2023) — Physician
- Former: Nathan Bosk Fache (2020–2023) — Vice President & Supp Chain Management
- Former: Paul W. Codjoe MD (2020–2023) — Director
- Former: Dominick J. Eboli MD (2021–2023) — Director - Vice President Medical Staff
- Former: Eugene W. Grochala (2020–2022) — CIO
- Former: Louis F. D'amelio MD (2022) — Vice President Clin Perf
- Former: Alexander D. Gladney Esq. (2020–2021) — Senior Vice President & Clo
- Former: Cataldo Doria MD (2020–2021) — Physician
- Former: Gregory N. D'adamo (2021) — Vice President, Clinical Svcs. & Amb. Diag
- Former: Carmen M. Garcia Esq. (2020) — Director
- Former: Carolyn J. Gaukler MD (2020) — Director - President Medical Staff
- Former: Jason N. Rogart MD (2020) — Physician
- Former: Julie A. Karns (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $3.5M, to Al Maghazehe PHD Fache (Director - President/CEO). 21 officers or directors reported compensation on that filing.
Frequently asked questions about Capital Health System Inc
How much does Capital Health System Inc give each year?
Capital Health System Inc gave $25K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $1.8M across 1 grant.
How large is Capital Health System Inc?
Capital Health System Inc reported $1.1B in total assets on its 2024 IRS Form 990. Its revenue that year was $1.3B.
What is Capital Health System Inc?
Capital Health System Inc is a public charity focused on Health, based in Trenton, NJ. It holds $1.1B in total assets as of 2024.
Where does Capital Health System Inc operate?
Capital Health System Inc has awarded grants in New Jersey.
What is Capital Health System Inc's EIN?
Capital Health System Inc's EIN (Employer Identification Number) is 22-3548695. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
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Capital Health System Inc down — hundreds of funders to go?