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Shore Memorial Hospital

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.

Financial Overview

From 2024 IRS Form 990-PF · 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

About Shore Memorial Hospital

Based on IRS filings

Shore Memorial Hospital is a nonprofit organization 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

Cities

Cape May Court HouseHackensackHowellIndianapolisLinwoodNorthfieldOcean CityPleasantvillePortsmouthSecaucusSomers PointSunriseWest Long Branch

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$74M$147M$221M$295M20202021202220232024
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
Qualifying Distributions
Net Investment Income$3,829,237$5,636,274$1,135,092
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$31K$63K$94K$126K6 grants20205 grants20216 grants20227 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Atlantic Medical Imaging…$53KNEW JERSEY HEALTHCARE SP…$13KTHE PREMIER SURGICAL NET…$12KLINWOOD COUNTRY CLUB$9KRELIANCE MEDICAL GROUP LLC$9KATLANTIC COUNTY DIV OF P…$8KRenee Parker MonIhan Fou…$8KAdvanced Shore Imaging A…$7KALLIED DIGESTIVE HEALTH …$6K

Grant Size Distribution

33 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Ronald W JohnsonTrustee - CEO (TERM 12/24)$2.0MDavid R HughesTrustee - Pres/CEO (EFF 12/24)$933KJeanne M Rowe MDChief Medical Officer$809KFrederick L BannerChief Information Officer$404KDaniel Jacoby MDHospitalist$358KStephen Capecci DOHospitalist$310KJill ShultzCNO (EFF 2/24)$263KRobert L WoodDirector of Finance$255KMatthew PiskunVP Amb & Surg Svcs. (Eff 5/24)$247KVince AzzarelloVP of Human Res. (Eff 1/2/24)$232KTihomir GueorguievRN, Critical Care$219KRobert RobertsonAdmin Director Logistics$217KAlan L BeattyFormer Key Employee$191KHOLLY BADALICNO (TERM 2/24)$149K

From 2024 filing

NameTitleHoursCompensation
Ronald W JohnsonTrustee - CEO (TERM 12/24)55$2,029,654
David R HughesTrustee - Pres/CEO (EFF 12/24)55$932,516
Jeanne M Rowe MDChief Medical Officer55$808,580
Frederick L BannerChief Information Officer55$404,379
Daniel Jacoby MDHospitalist55$357,711
Stephen Capecci DOHospitalist55$309,557
Jill ShultzCNO (EFF 2/24)55$262,791
Vince AzzarelloVP of Human Res. (Eff 1/2/24)55$232,213
Robert L WoodDirector of Finance55$255,316
Tihomir GueorguievRN, Critical Care55$218,873
Matthew PiskunVP Amb & Surg Svcs. (Eff 5/24)55$247,046
Robert RobertsonAdmin Director Logistics55$217,220
Alan L BeattyFormer Key Employee55$190,758
HOLLY BADALICNO (TERM 2/24)55$148,604
David BeyelChair - Trustee1
Edward KuehnleVice Chair - Trustee1
R Scott HallidaySECRETARY/ASST TREAS - TRUSTEE1
Ronald B Stablini CPA MBATreas/Asst Secretary - Trustee1
Robert C AllenTrustee1
Michael BrayTrustee1
Robert J Bray DDS MSTrustee1
Auggie CipolliniTrustee1
Patricia Q ConnollyTrustee1
John DabekTrustee1
Ken KoreyvaTrustee1
Francis Lamb CPATrustee1
Christopher Lucasti DOTrustee; Ex-Officio1
Barbara RidgeTrustee1
Judith L RomanTrustee1
Mukesh Roy MDTrustee1
Angelo Sparagna III MDTrustee1
Carmine J Taglialatella JWCTrustee1
Richard L TraaTrustee1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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