Kennedy University Hospital Inc
To function as an academic medical center that provides the finest healthcare services with excellent outcomes to people living in our communities. Please refer to schedule o for the organization's community benefit statement.
Kennedy University Hospital Inc at a glance
- Total assets
- $1,338,921,956
- +7.1% vs 2024
- Revenue (2025)
- $950,814,569
- +16.4% vs 2024
- Net investment income (2025)
- $32,576,023
- +379.4% vs 2024
- Expenses (2025)
- $864,395,871
- +12.3% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Kennedy University Hospital Inc funds
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 2 grants of 2 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $18K (2024) to $582K (2019). In 2024 it reported $18K in grants paid, as a total without an itemized list.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Chamber of Commerce Southern New Jersey Voorhees, NJ | Program Support | $12,000 |
| Cherry Hill Township Cherry Hill, NJ | Program Support | $8,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $1,338,921,956 | $950,814,569 | $864,395,871 | — | — | $32,576,023 |
| 2024 | $1,250,242,656 | $817,020,277 | $769,485,208 | $18,126 | Total only | $6,794,513 |
| 2023 | $1,174,362,104 | $779,678,321 | $782,911,904 | $96,974 | Total only | $9,085,651 |
| 2022 | $1,180,613,061 | $722,110,488 | $698,423,952 | $132,778 | Total only | $4,121,645 |
| 2021 | $1,241,829,856 | $668,598,689 | $657,075,600 | $20,500 | 2 | $13,509,375 |
| 2020 | $1,169,795,148 | $577,049,990 | $668,656,361 | $50,556 | 6 | $8,681,544 |
| 2019 | $1,199,906,759 | $644,686,232 | $570,866,608 | $581,817 | 13 | $2,283,468 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Kennedy University Hospital Inc
Based on IRS filings
Kennedy University Hospital Inc is a public charity focused on Health, based in Philadelphia, PA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.3B in total assets. Net investment income was $32.6M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Kennedy University Hospital Inc is led by Aaron Chang Fache, Trustee - President on every filing since 2024; 6 of 25 officers listed in 2025 are compensated.
Officers on the 2025 filing
Aaron Chang Fache
Trustee - President
On filings since 2024
55 hrs/week
No compensation reported
John F. Durante
Chair - Trustee
Chairman - Trustee → Trustee, 2020
Trustee → Chair - Trustee, 2025
On filings since 2019
5 hrs/week
No compensation reported
Albert E. Smith CPA
Trustee
On filings since 2019
5 hrs/week
No compensation reported
Bruce J. Paparone
Trustee
Chairman - Trustee → Chair - Trustee, 2022
Chair - Trustee → Trustee, 2025
On filings since 2019
5 hrs/week
No compensation reported
Daniel J. Dalton
Trustee
On filings since 2019
5 hrs/week
No compensation reported
Joseph A. Maressa Jr. Esq.
Trustee
Treasurer - Trustee → Trustee, 2020
On filings since 2019
5 hrs/week
No compensation reported
Robert Distanislao
Trustee
On filings since 2019
5 hrs/week
No compensation reported
Ronald L. Caputo
Trustee
On filings since 2019
5 hrs/week
No compensation reported
Thomas J. Gallia EdD
Trustee
On filings since 2019
5 hrs/week
No compensation reported
William R. Barker
Trustee
Trustee → Treasurer - Trustee, 2020
Treasurer - Trustee → Trustee, 2024
On filings since 2019
5 hrs/week
No compensation reported
Xihao Hu
Trustee
On filings since 2020
5 hrs/week
No compensation reported
John E. Wallace Jr. Esq.
Trustee
Secretary - Trustee → Trustee, 2024
On filings since 2022
5 hrs/week
No compensation reported
Robert I. Barsky DO
Trustee
On filings since 2023
5 hrs/week
No compensation reported
Daniel Tarditi DO
Trustee
On filings since 2024
5 hrs/week
No compensation reported
Henry R. Schuitema DO
Er Physician
Trustee → Er Physician, 2021
On filings since 2019
55 hrs/week
$520K (2021) → $676K (2025)
Kelly A. Walenda Esq.
Senior Vice President & Legal Services
Senior Vice President Legal Svcs → Senior Vice President Legal Services, 2023
Senior Vice President Legal Services → Senior Vice President & Legal Services, 2024
On filings since 2019
55 hrs/week
$389K (2019) → $40K (2025)
David J. Kovalsky DO
Internist
Physician → Internist, 2024
On filings since 2023
55 hrs/week
$431K (2023) → $519K (2025)
David May MD
Vice President Chief Patient Staff & Qual
On filings since 2023
55 hrs/week
$430K (2023) → $609K (2025)
Mark J. Condoluci DO
Internist
Physician → Internist, 2024
On filings since 2023
55 hrs/week
$604K (2023) → $518K (2025)
ADAM J WEAVER DO
Hospitalist
New on the 2025 filing
55 hrs/week
$546K (2025)
John P. Silvestri
Vice Chair - Trustee
Vice Chairman - Trustee → Vice Chair - Trustee, 2022
On filings since 2019
5 hrs/week
No compensation reported
Stephen V. Destefano CPA
Vice President Finance - Jhnj
On filings since 2022
55 hrs/week
No compensation reported
Cristina G. Cavalieri Esq.
Secretary
On filings since 2024
60 hrs/week
No compensation reported
John P. Mordach
Treasurer
On filings since 2024
60 hrs/week
No compensation reported
Thomas J. Marchozzi MBA CPA
Treasurer
New on the 2025 filing
60 hrs/week
No compensation reported
Former officers (28)
- Former: Brian Sweeney Rn Mba Fache (2020–2024) — Trustee - President & COO
- Former: Helene Burns Dnp Rn Nea-Bc (2020–2024) — Senior Vice President & Chief Nursing Officer
- Former: Hasan A. Ehsan MD (2024) — Internist
- Former: Joseph W. Devine Fache (2019–2023) — Former Officer
- Former: Thomas A. Cavalieri DO (2019–2023) — Trustee & Ex-Officio
- Former: Joseph G. Gambale DO (2021–2023) — Hospitalist
- Former: Mark Schuster DO (2022–2023) — Trustee
- Former: Carman Ciervo Do Facofp (2019–2022) — Former Officer
- Former: Daniel J. Ragone CPA (2019–2022) — Trustee
- Former: Jeffrey Hoag MD (2019–2022) — Trustee
- Former: Thomas J. Balcavage (2019–2022) — Senior Vice President Technology & Program Svcs
- Former: Todd P. Levin DO (2022) — Physician
- Former: Tudor Vlad MD (2022) — Hospitalist
- Former: Anthony Wehbe Do Mba Facoi (2019–2021) — Senior Vice President & Physician Executive
- Former: Justice John E. Wallace Jr. (2019–2021) — Secretary - Trustee
- Former: Melanie Angelo DO (2019–2021) — Trustee
- Former: Ricardo Perez Do Jd Facoi (2019–2021) — Vice President Jmg
- Former: Edward Sullivan Esq. (2019–2020) — Senior Vice President & General Counsel
- Former: Glenn A. Zirbser (2019–2020) — Senior Vice President & CFO
- Former: Jill C. Ostrem (2019–2020) — Senior Vice President Operations
- Former: John Graham (2020) — CAO & Washington Twp Hospital
- Former: Anneliese McMenamin Sphr Shrm-Scp (2019) — Vice President Human Resources
- Former: Anthony Brown DO (2019) — Trustee
- Former: David Condoluci Do Macoi (2019) — Senior Vice President & Chief Patient Safety Officer
- Former: H. Timothy Dombowski Domph (2019) — Vice President & Chief Medical Officer
- Former: Helene Burns Dnp RN (2019) — Vice President Clin Svcs & Chief Nurse Executive
- Former: Lisa A. Dutterer (2019) — Chief Adminstrative Officer
- Former: Maryann Lauletta MD (2019) — Vice President Medical Operations
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $676K, to Henry R Schuitema Do (Er Physician). 6 officers or directors reported compensation on that filing.
Frequently asked questions about Kennedy University Hospital Inc
How large is Kennedy University Hospital Inc?
Kennedy University Hospital Inc reported $1.3B in total assets on its 2025 IRS Form 990. Its revenue that year was $950.8M.
What is Kennedy University Hospital Inc?
Kennedy University Hospital Inc is a public charity focused on Health, based in Philadelphia, PA. It holds $1.3B in total assets as of 2025.
Where does Kennedy University Hospital Inc operate?
Kennedy University Hospital Inc has awarded grants in Georgia, Iowa, New Jersey, New York, Oregon, Pennsylvania.
What is Kennedy University Hospital Inc's EIN?
Kennedy University Hospital Inc's EIN (Employer Identification Number) is 22-1773439. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS May 14, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
- Added Form 990 for fiscal year 2019 (received by the IRS July 13, 2020)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 14, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2020–2024
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