Holy Name Medical Center Inc logo

Holy Name Medical Center Inc

Public charity · Grantmaker Teaneck, NJ EIN: 22-1487322 Website

Holy Name Medical Center, inc. Is a community of caregivers committed to a ministry of healing, embracing the tradition of catholic principles, the pursuit of professional excellence and conscientious stewardship. We help our community achieve the highest attainable level of health through prevention, education, and treatment.

Key facts about Holy Name Medical Center Inc

In short: Holy Name Medical Center Inc gave $2.4M across 7 grants in 2024 (avg $348K), mostly in New Jersey. Source: 2024 IRS Form 990.

EIN
22-1487322
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$2,436,055
Grants made (2024)
7
Average grant
$348,008
Median grant
$50,000
Total assets
$554,498,202
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

$554.5M

+12.6% YoY

Annual Giving

$2.4M

+9.1% YoY

Grant Count

7

+16.7% YoY

Avg Grant Size

$348K

-6.5% YoY

How Holy Name Medical Center Inc gives

  • Giving grew 654% from 2021 to 2024. Method

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

About Holy Name Medical Center Inc

Based on IRS filings

Holy Name Medical Center Inc is a public charity focused on Health, based in Teaneck, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $554.5M in total assets. In 2024, it awarded 7 grants totaling $2.4M. Net investment income was $4.7M.

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 7 itemized grants.

States

Cities

TeaneckMontclairOradellHackensackUnion CityJersey CityLivingstonMaywoodNewarkWoodcliff Lake

Giving Over Time

Total grant dollars and number of grants per year

$0$5M$10M$15M$20M6 grants2020 7 grants2021 7 grants2022 6 grants2023 7 grants2024

From 2020 to 2024, annual grant giving ranged from $323K (2021) to $17.9M (2022). In 2024 it made 7 grants totaling $2.4M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Holy Name Medical Center Foundation Inc: $2.1MHoly Name Medical CenterFoundation Inc$2.1MCaucus Educational Corporation: $125KCaucus Educational Corporation$125KMetropolitan YMCA of the Oranges: $50KMetropolitan YMCA of theOranges$50KTeaneck Volunteer Ambulance Corps: $50KTeaneck Volunteer AmbulanceCorps$50KBergen Volunteer Medical Initiative: $30KBergen Volunteer MedicalInitiative$30KBergen Catholic High School: $20KBergen Catholic High School$20KAdler Aphasia Center: $16KAdler Aphasia Center$16K

The largest 2024 recipient was Holy Name Medical Center Foundation Inc ($2.1M). Together the top 7 received $2.4M.

Grant Size Distribution

33 grants across all recorded years

19<$50K2$50–100K9$100–250K$250–500K$500K–1M2$1–5M1$5M+

The most common grant size was under $50K: 19 grants of 33 (58%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Holy Name Medical Center Foundation Inc Teaneck, NJProgram Support$2,145,505
Caucus Educational Corporation Montclair, NJProgram Support$125,000
Metropolitan YMCA of the Oranges Livingston, NJProgram Support$50,000
Teaneck Volunteer Ambulance Corps Teaneck, NJProgram Support$50,000
Bergen Volunteer Medical Initiative Hackensack, NJProgram Support$30,000
Bergen Catholic High School Oradell, NJProgram Support$20,000
Adler Aphasia Center Maywood, NJProgram Support$15,550

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$200M$400M$600M$800M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$554,498,202$492,479,419$497,398,141
Revenue$596,467,503$560,855,952$524,882,640
Expenses$597,781,453$552,986,664$546,433,340
Net Investment Income$4,659,531$7,005,925$2,951,129

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 14, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 13, 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 13, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Holy Name Medical Center Inc is led by Michael Maron, Trustee - President & CEO on every filing since 2020; 15 of 32 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Michael Maron

    Trustee - President & CEO

    On filings since 2020

    55 hrs/week

    $2M (2020) → $2.4M (2024)

  • Fernando Garip

    Chairperson - Trustee

    Vice Chairperson - Trustee → Chairperson - Trustee, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ron White MD

    Director & Risk

    Director & Medical Affairs → Director & Risk, 2021

    On filings since 2020

    55 hrs/week

    $431K (2020) → $517K (2024)

  • Jonathan H. Lee

    Medical Director & Oncology

    On filings since 2021

    55 hrs/week

    $514K (2021) → $898K (2024)

  • Randy Tartacoff MD

    Trustee - President Med Staff

    On filings since 2022

    55 hrs/week

    $302K (2022) → $303K (2024)

  • Dale A. Creamer

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Daniel Leber

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • David Butler MD

    Trustee

    On filings since 2020

    55 hrs/week

    No compensation reported

  • John M. Geraghty

    Secretary - Trustee

    Trustee → Secretary - Trustee, 2022

    On filings since 2020

    1 hr/week

    No compensation reported

  • Joseph A. Frascino MD

    Trustee

    Chairperson - Trustee → Trustee, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • MAUREEN c DONOHUE

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Michael R. Dressler Esq.

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Sister Antoinette Moore Csjp

    Trustee

    Secretary - Trustee & Trustee → Trustee, 2022

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ted A. Carnevale CPA

    Treasurer - Trustee

    Trustee → Treasurer - Trustee, 2022

    On filings since 2020

    1 hr/week

    No compensation reported

  • Alexandra Garcia-Watts

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Angelica Berrie

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Margarette Lee Esq.

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Selwyn Levine MD

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Sister Susan Francois

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Stephen Borg

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Michael Skvarenina

    Former Key Employee

    On filings since 2020

    $295K (2020) → $285K (2024)

  • Michele Acito Dnp Rn Ne-Bc

    Executive Vice President & Chief Nursing Officer

    Executive Vice President & Cno → Executive Vice President & Chief Nursing Officer, 2021

    On filings since 2020

    55 hrs/week

    $363K (2020) → $573K (2024)

  • Ryan Kennedy CPA

    Executive Vice President & CFO

    Executive Vice President, CFO, Assistant Secretary & Treasurer → Executive Vice President & CFO, 2024

    On filings since 2020

    55 hrs/week

    $700K (2020) → $604K (2024)

  • Saikrishnan Kandamangalam

    Executive Vice President & Chief Information Officer

    On filings since 2020

    55 hrs/week

    $512K (2020) → $816K (2024)

  • Sean O'Rourke

    Former Key Employee

    Vice President & Health Partners Services → Former Key Employee, 2024

    On filings since 2020

    $374K (2020) → $241K (2024)

  • Steven L. Mosser

    Executive Vice President & Operations

    On filings since 2020

    55 hrs/week

    $426K (2020) → $548K (2024)

  • Nancy Palamara

    Vice President & Diagnostics

    On filings since 2021

    55 hrs/week

    $407K (2021) → $496K (2024)

  • Rajasekar Palanisamy

    Vice President & Head of Software Development

    On filings since 2022

    55 hrs/week

    $432K (2022) → $551K (2024)

  • Dennis W Sparks

    Vice President, Human Resources & Chro

    On filings since 2023

    55 hrs/week

    $527K (2023) → $539K (2024)

  • Vasantha K Kondamudi

    Executive Vice President & Chief Medical Officer

    Executive Vice President & CMO → Executive Vice President & Chief Medical Officer, 2024

    On filings since 2023

    55 hrs/week

    $774K (2023) → $991K (2024)

  • Santo Gencarelli CPA

    Vice President & Finance

    New on the 2024 filing

    55 hrs/week

    $275K (2024)

  • James Dowling

    Vice Chairperson - Trustee

    Trustee → Vice Chairperson - Trustee, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (13)
  • Former: Maryann Kicenuik Esq. (2020–2023) — Senior Vice President & Gnrl Counsel
  • Former: Paul Baker (2020–2023) — Trustee
  • Former: Adam Jarrett Md Fache (2020–2022) — Executive Vice President & CMO
  • Former: Edwin H. Ruzinsky CPA (2020–2022) — Trustee
  • Former: Joseph Parisi Jr. (2020–2022) — Trustee
  • Former: Leon Temiz (2020–2022) — Trustee
  • Former: Luke Eyerman MD (2021–2022) — Medical Director & Transit Care
  • Former: John Poole MD (2020–2021) — Trustee
  • Former: Kristen L. Silberstein (2020–2021) — Vice President & Payor Relations
  • Former: Salvatore Laraia MD (2020–2021) — Trustee
  • Former: Phyllis Marino MD (2020) — Medical Director
  • Former: Ravit Barkama MD (2020) — Assistant Vice President & Clinical Development
  • Former: Sheryl Slonim Dnp Rn-Bc (2020) — Executive Vice President, Pcs & Cno

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

Michael Maron — Trustee - President & CEO: $2.4MMichael MaronTrustee - President & CEO$2.4MVasantha K Kondamudi — EVP, Chief Medical Officer: $991KVasantha K KondamudiEVP, Chief Medical Officer$991KJonathan H Lee — Medical Director, Oncology: $898KJonathan H LeeMedical Director, Oncology$898KSaikrishnan Kandamangalam — EVP, Chief Information Officer: $816KSaikrishnan…EVP, Chief Information Officer$816KRyan Kennedy CPA — EVP/CFO (Term 8/31/24): $604KRyan Kennedy CPAEVP/CFO (Term 8/31/24)$604KMichele Acito DNP RN Ne-BC — EVP, Chief Nursing Officer: $573KMichele Acito DNP RN…EVP, Chief Nursing Officer$573KRajasekar Palanisamy — VP, Head of Software Dev: $551KRajasekar PalanisamyVP, Head of Software Dev$551KSteven L Mosser — EVP, Operations: $548KSteven L MosserEVP, Operations$548KDennis W Sparks — VP, Human Resources, CHRO: $539KDennis W SparksVP, Human Resources, CHRO$539KRon White MD — DIRECTOR, RISK (term 9/08/24): $517KRon White MDDIRECTOR, RISK (term 9/08/24)$517KNancy Palamara — VP, Diagnostics: $496KNancy PalamaraVP, Diagnostics$496KRandy Tartacoff MD — Trustee - President Med Staff: $303KRandy Tartacoff MDTrustee - President Med Staff$303KMichael Skvarenina — Former Key Employee: $285KMichael SkvareninaFormer Key Employee$285KSanto Gencarelli CPA — VP, Finance: $275KSanto Gencarelli CPAVP, Finance$275KSean O'Rourke — Former Key Employee: $241KSean O'RourkeFormer Key Employee$241K

The highest reported compensation on the 2024 filing was $2.4M, to Michael Maron (Trustee - President & CEO). 15 officers or directors reported compensation on that filing.

Frequently asked questions about Holy Name Medical Center Inc

How much does Holy Name Medical Center Inc give each year?

Holy Name Medical Center Inc gave $2.4M across 7 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $2.2M across 6 grants.

What is Holy Name Medical Center Inc's typical grant size?

Holy Name Medical Center Inc's median grant in 2024 was $50,000, and its average grant was $348,008, across 7 grants on its 2024 IRS Form 990.

Where does Holy Name Medical Center Inc give grants?

Holy Name Medical Center Inc gives mostly in New Jersey: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Teaneck, NJ (2 grants).

Does Holy Name Medical Center Inc give general operating support?

Not in 2024: none of the 7 grants with a stated purpose on Holy Name Medical Center Inc's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Program Support" (7 grants).

Who are Holy Name Medical Center Inc's largest grantees?

Holy Name Medical Center Inc's largest 2024 grantees include Holy Name Medical Center Foundation Inc ($2,145,505), Caucus Educational Corporation ($125,000) and Metropolitan YMCA of the Oranges ($50,000), according to its 2024 IRS Form 990. Together they received 95% of its itemized 2024 grant dollars.

How large is Holy Name Medical Center Inc?

Holy Name Medical Center Inc reported $554.5M in total assets on its 2024 IRS Form 990. Its revenue that year was $596.5M.

What is Holy Name Medical Center Inc?

Holy Name Medical Center Inc is a public charity focused on Health, based in Teaneck, NJ. It holds $554.5M in total assets as of 2024.

What is Holy Name Medical Center Inc's EIN?

Holy Name Medical Center Inc's EIN (Employer Identification Number) is 22-1487322. 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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