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Shore Memorial Hospital

Public charity · Grantmaker Somers Point, NJ EIN: 21-0660835 Website

The mission of shore medical center is to care for and respect all patients, their families and each other. The organization provides emergency and medical necessary healthcare services for all individuals regardless of race, color, creed, sex, national origin or ability to pay. For additional information, please refer to the organization's community benefit statement included in schedule o.

Key facts about Shore Memorial Hospital

In short: Shore Memorial Hospital gave $126K across 9 grants in 2024 (avg $14K), mostly in New Jersey. Source: 2024 IRS Form 990.

EIN
21-0660835
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$125,852
Grants made (2024)
9
Average grant
$13,984
Median grant
$9,081
Total assets
$370,087,922
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

$370.1M

+11.9% YoY

Annual Giving

$126K

+17.5% YoY

Grant Count

9

+28.6% YoY

Avg Grant Size

$14K

-8.6% YoY

How Shore Memorial Hospital gives

  • Giving grew 25% from 2021 to 2024. Method

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

About Shore Memorial Hospital

Based on IRS filings

Shore Memorial Hospital is a public charity focused on Health, based in Somers Point, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $370.1M in total assets. In 2024, it awarded 9 grants totaling $126K. Net investment income was $3.8M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2024 grant dollars across all 9 itemized grants.

Cities

NorthfieldLinwoodIndianapolisPortsmouthSomers PointHowellPleasantvilleCape May Court HouseHackensackOcean CitySecaucusSunriseWest Long Branch

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K6 grants2020 5 grants2021 6 grants2022 7 grants2023 9 grants2024

From 2020 to 2024, annual grant giving ranged from $91K (2020) to $126K (2024). In 2024 it made 9 grants totaling $126K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Atlantic Medical Imaging LLC: $53KAtlantic Medical Imaging LLC$53KNew Jersey Healthcare Specialists PC: $13KNew Jersey HealthcareSpecialists PC$13KThe Premier Surgical Network: $12KThe Premier Surgical Network$12KLinwood Country Club: $9KLinwood Country Club$9KReliance Medical Group LLC: $9KReliance Medical Group LLC$9KAtlantic County Div of Public Health: $8KAtlantic County Div of PublicHealth$8KRenee Parker MonIhan Foundation: $8KRenee Parker MonIhanFoundation$8KAdvanced Shore Imaging Assoc LLC: $7KAdvanced Shore Imaging AssocLLC$7KAllied Digestive Health LLC: $6KAllied Digestive Health LLC$6K

The largest 2024 recipient was Atlantic Medical Imaging LLC ($53K). Together the top 9 received $126K.

Grant Size Distribution

33 grants across all recorded years

32<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 32 grants of 33 (97%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Atlantic Medical Imaging LLC Northfield, NJProgram Support$53,434
New Jersey Healthcare Specialists PC Hackensack, NJProgram Support$12,865
The Premier Surgical Network Linwood, NJProgram Support$12,478
Linwood Country Club Linwood, NJProgram Support$9,164
Reliance Medical Group LLC Northfield, NJProgram Support$9,081
Atlantic County Div of Public Health Northfield, NJProgram Support$8,290
Renee Parker MonIhan Foundation Ocean City, NJProgram Support$7,500
Advanced Shore Imaging Assoc LLC Northfield, NJProgram Support$7,455
Allied Digestive Health LLC West Long Branch, NJProgram Support$5,585

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$100M$200M$300M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$370,087,922$330,786,303$334,920,102
Revenue$267,733,748$242,052,527$259,330,927
Expenses$225,727,927$214,391,243$209,237,761
Net Investment Income$3,829,237$5,636,274$1,135,092

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 August 11, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Shore Memorial Hospital is led by David R Hughes, Trustee - President & CEO since 2024 (on filings since 2020); 14 of 33 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • David R Hughes

    Trustee - President & CEO

    CFO & CDO → Prresident & CFO, 2023

    Prresident & CFO → Trustee - President & CEO, 2024

    On filings since 2020

    55 hrs/week

    $565K (2020) → $933K (2024)

  • Ronald W Johnson

    Trustee - CEO

    Trustee - President & CEO → Trustee - CEO, 2023

    On filings since 2020

    55 hrs/week

    $1.6M (2020) → $2M (2024)

  • David Beyel

    Chair - Trustee

    Trustee → Chair - Trustee, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

  • Robert L Wood

    Director of Finance

    On filings since 2020

    55 hrs/week

    $228K (2020) → $255K (2024)

  • Robert Robertson

    Administrator Director Logistics

    On filings since 2023

    55 hrs/week

    $207K (2023) → $217K (2024)

  • Auggie Cipollini

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Carmine J Taglialatella JWC

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • John Dabek

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Judith L Roman

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ken Koreyva

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Mukesh Roy MD

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Patricia Q Connolly

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Richard L Traa

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Robert C Allen

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Robert J Bray DDS MS

    Trustee

    Chair - Trustee → Trustee, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

  • Angelo Sparagna III MD

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Francis Lamb CPA

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Michael Bray

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Barbara Ridge

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Christopher Lucasti DO

    Trustee & Ex-Officio

    On filings since 2023

    1 hr/week

    No compensation reported

  • Alan L Beatty

    Former Key Employee

    Vice President Human Resources → Former Key Employee, 2024

    On filings since 2020

    55 hrs/week

    $301K (2020) → $191K (2024)

  • Daniel Jacoby MD

    Hospitalist

    On filings since 2020

    55 hrs/week

    $229K (2020) → $358K (2024)

  • Frederick L Banner

    Chief Information Officer

    On filings since 2020

    55 hrs/week

    $327K (2020) → $404K (2024)

  • Jeanne M Rowe MD

    Chief Medical Officer

    On filings since 2020

    55 hrs/week

    $551K (2020) → $809K (2024)

  • Stephen Capecci DO

    Hospitalist

    On filings since 2020

    55 hrs/week

    $332K (2020) → $310K (2024)

  • Holly Badali

    Cno

    Chief Nursing Officer → Cno, 2024

    On filings since 2022

    55 hrs/week

    $311K (2022) → $149K (2024)

  • Matthew Piskun

    Vice President Amb & Surg Svcs.

    Administrator Director Pharmacy → Vice President Amb & Surg Svcs., 2024

    On filings since 2023

    55 hrs/week

    $207K (2023) → $247K (2024)

  • Jill Shultz

    Cno

    New on the 2024 filing

    55 hrs/week

    $263K (2024)

  • Tihomir Gueorguiev

    Rn & Critical Care

    New on the 2024 filing

    55 hrs/week

    $219K (2024)

  • Vince Azzarello

    Vice President of Human Res.

    New on the 2024 filing

    55 hrs/week

    $232K (2024)

  • Edward Kuehnle

    Vice Chair - Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • R Scott Halliday

    Secretary & Assistant Treasurer - Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ronald B Stablini CPA MBA

    Treasurer & Assistant Secretary - Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (15)
  • Former: Robin Keyack (2020–2023) — Vice President Ambulatory & Surgical Svcs
  • Former: Arthur T. Ford III Esq. (2020–2022) — Trustee
  • Former: Autumn Bayles (2020–2022) — Trustee
  • Former: Jay A. Gillian (2020–2022) — Trustee
  • Former: Roberta May DO (2020–2022) — Trustee & Ex-Officio
  • Former: Laura Rookstool RN (2022) — Rn, Rt, IV & Endoscopy
  • Former: Maria Yray RN (2022) — Rn & Critical Care
  • Former: Charles A. Dennis MD (2020–2021) — Physician Advisor
  • Former: Fernando Delasotta MD (2020–2021) — Trustee
  • Former: Gerald J. Corcoran Esq. (2020–2021) — Trustee
  • Former: Linda S. Kenwood (2020–2021) — Chief Operating Officer
  • Former: Luke Akerlind RN (2021) — Clinical Supervisor
  • Former: Gary G. Schaffer (2020) — Trustee
  • Former: Latoya Roberts DO (2020) — Hospitalist
  • Former: Sandy Tzaferos Pharmd (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.

Compensation Overview

From 2024 IRS filing

Ronald W Johnson — Trustee - CEO (TERM 12/24): $2.0MRonald W JohnsonTrustee - CEO (TERM 12/24)$2.0MDavid R Hughes — Trustee - Pres/CEO (EFF 12/24): $933KDavid R HughesTrustee - Pres/CEO (EFF 12/24)$933KJeanne M Rowe MD — Chief Medical Officer: $809KJeanne M Rowe MDChief Medical Officer$809KFrederick L Banner — Chief Information Officer: $404KFrederick L BannerChief Information Officer$404KDaniel Jacoby MD — Hospitalist: $358KDaniel Jacoby MDHospitalist$358KStephen Capecci DO — Hospitalist: $310KStephen Capecci DOHospitalist$310KJill Shultz — CNO (EFF 2/24): $263KJill ShultzCNO (EFF 2/24)$263KRobert L Wood — Director of Finance: $255KRobert L WoodDirector of Finance$255KMatthew Piskun — VP Amb & Surg Svcs. (Eff 5/24): $247KMatthew PiskunVP Amb & Surg Svcs. (Eff 5/24)$247KVince Azzarello — VP of Human Res. (Eff 1/2/24): $232KVince AzzarelloVP of Human Res. (Eff 1/2/24)$232KTihomir Gueorguiev — RN, Critical Care: $219KTihomir GueorguievRN, Critical Care$219KRobert Robertson — Admin Director Logistics: $217KRobert RobertsonAdmin Director Logistics$217KAlan L Beatty — Former Key Employee: $191KAlan L BeattyFormer Key Employee$191KHolly Badali — CNO (Term 2/24): $149KHolly BadaliCNO (Term 2/24)$149K

The highest reported compensation on the 2024 filing was $2.0M, to Ronald W Johnson (Trustee - CEO (TERM 12/24)). 14 officers or directors reported compensation on that filing.

Frequently asked questions about Shore Memorial Hospital

How much does Shore Memorial Hospital give each year?

Shore Memorial Hospital gave $126K across 9 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $107K across 7 grants.

What is Shore Memorial Hospital's typical grant size?

Shore Memorial Hospital's median grant in 2024 was $9,081, and its average grant was $13,984, across 9 grants on its 2024 IRS Form 990.

Where does Shore Memorial Hospital give grants?

Shore Memorial Hospital 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 Northfield, NJ (4 grants) and Linwood, NJ (2 grants).

Does Shore Memorial Hospital give general operating support?

Not in 2024: none of the 9 grants with a stated purpose on Shore Memorial Hospital's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Program Support" (9 grants).

Who are Shore Memorial Hospital's largest grantees?

Shore Memorial Hospital's largest 2024 grantees include Atlantic Medical Imaging LLC ($53,434), New Jersey Healthcare Specialists PC ($12,865) and The Premier Surgical Network ($12,478), according to its 2024 IRS Form 990. Together they received 63% of its itemized 2024 grant dollars.

How large is Shore Memorial Hospital?

Shore Memorial Hospital reported $370.1M in total assets on its 2024 IRS Form 990. Its revenue that year was $267.7M.

What is Shore Memorial Hospital?

Shore Memorial Hospital is a public charity focused on Health, based in Somers Point, NJ. It holds $370.1M in total assets as of 2024.

What is Shore Memorial Hospital's EIN?

Shore Memorial Hospital's EIN (Employer Identification Number) is 21-0660835. 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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