Community Medical Center Foundation

Public charity · Grantmaker Oceanport, NJ EIN: 22-2597592

To support the charitable tax-exempt purposes, programs and services of community medical center; a related internal revenue code section 501(c)(3) tax-exempt organization, which provides medically necessary healthcare services to all individuals in a non-discriminatory manner regardless of race, color, creed, sex, national origin or ability to pay.

Key facts about Community Medical Center Foundation

In short: Community Medical Center Foundation gave $3.4M across 2 grants in 2024 (avg $1.7M), mostly in New Jersey. Source: 2024 IRS Form 990.

EIN
22-2597592
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$3,379,585
Grants made (2024)
2
Average grant
$1,689,793
Median grant
$1,689,793
Total assets
$9,664,760
Primary geography
New Jersey (100% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$9.7M

-4.5% YoY

Annual Giving

$3.4M

-15.5% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$1.7M

-15.5% YoY

How Community Medical Center Foundation gives

  • Giving grew 58% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

About Community Medical Center Foundation

Based on IRS filings

Community Medical Center Foundation is a public charity focused on Health, based in Oceanport, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.7M in total assets. In 2024, it awarded 2 grants totaling $3.4M. Net investment income was $312K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 2 itemized grants.

States

Cities

OceanportRed BankToms River

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M1 grant2020 1 grant2021 1 grant2022 2 grants2023 2 grants2024

From 2020 to 2024, annual grant giving ranged from $2.1M (2021) to $4.0M (2023). In 2024 it made 2 grants totaling $3.4M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Community Medical Center: $3.3MCommunity Medical Center$3.3MVNA Health Group of New Jersey LLC: $75KVNA Health Group of New JerseyLLC$75K

The largest 2024 recipient was Community Medical Center ($3.3M). Together the top 2 received $3.4M.

Grant Size Distribution

7 grants across all recorded years

<$50K2$50–100K$100–250K$250–500K$500K–1M5$1–5M$5M+

The most common grant size was in the $1–5M range: 5 grants of 7 (71%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Community Medical Center Oceanport, NJProgram Support$3,304,585
VNA Health Group of New Jersey LLC Red Bank, NJProgram support$75,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$2M$4M$6M$8M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$9,664,760$10,120,875$12,458,923
Revenue$2,994,547$2,797,743$2,180,520
Expenses$4,491,518$4,970,220$4,161,268
Net Investment Income$311,754$292,485$226,604

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Community Medical Center Foundation is led by Jarrod C. Grasso, Chair - Trustee since 2023 (on filings since 2020); none of the 21 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Jarrod C. Grasso

    Chair - Trustee

    Chairman - Trustee → Trustee, 2022

    Trustee → Chair - Trustee, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Casey Y. Mundry

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Dj D'onofrio

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Joseph J. Lebel III

    Treasurer - Trustee

    Secretary - Trustee → Treasurer - Trustee, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

  • Joseph Kiernan

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Judith Schmidt RN

    Trustee & Ex-Officio

    On filings since 2020

    1 hr/week

    No compensation reported

  • Keith Buscio

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Lauren M. Dooley Esq.

    Secretary - Trustee

    Trustee → Secretary - Trustee, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

  • Mark Angelo

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Rolando Acosta

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Steven Green

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Tammi Millar

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Gary Morrison

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Brian Masterson

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Christine Cox-West

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Christopher Cowan

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Ron Gaboury

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Scott Beck Dc Diccp

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Glenn Miller

    Rwjbh Chief Development Officer

    On filings since 2020

    No compensation reported

  • Jennifer A. Shufran

    Vice President Development

    On filings since 2020

    50 hrs/week

    No compensation reported

  • Nicholas Pagano

    Vice Chair - Trustee

    Treasurer - Trustee → Vice Chair - Trustee, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (16)
  • Former: Donald E. Jump (2020–2023) — Trustee
  • Former: Peter Van Dyke Esq. (2020–2023) — Trustee
  • Former: David Rosen (2020–2022) — Trustee
  • Former: Heather S. Barbieri (2020–2022) — Trustee
  • Former: James G. Erickson (2020–2022) — Trustee
  • Former: Jerry P. Boisseau (2020–2022) — Trustee
  • Former: Thomas Hourigan (2020–2022) — Trustee
  • Former: Alisha Hartunian (2021–2022) — Trustee
  • Former: Solangie Pabon (2021) — Trustee
  • Former: David York Esq. (2020) — Trustee
  • Former: Heather Moffitt (2020) — Trustee
  • Former: Joel Geisler (2020) — Trustee
  • Former: Richard J. Pallamary (2020) — Vice President Development
  • Former: Solangie Poban (2020) — Trustee
  • Former: Theodore D. Bessler (2020) — Trustee
  • Former: Timothy E. Ryan (2020) — Trustee

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.

Frequently asked questions about Community Medical Center Foundation

How much does Community Medical Center Foundation give each year?

Community Medical Center Foundation gave $3.4M across 2 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $4.0M across 2 grants.

How large is Community Medical Center Foundation?

Community Medical Center Foundation reported $9.7M in total assets on its 2024 IRS Form 990. Its revenue that year was $3.0M.

What is Community Medical Center Foundation?

Community Medical Center Foundation is a public charity focused on Health, based in Oceanport, NJ. It holds $9.7M in total assets as of 2024.

Where does Community Medical Center Foundation operate?

Community Medical Center Foundation has awarded grants in New Jersey.

What is Community Medical Center Foundation's EIN?

Community Medical Center Foundation's EIN (Employer Identification Number) is 22-2597592. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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