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Filing year 2023

Foundation for Morristown Medical Center

Morristown, New Jersey·EIN 22-3392808·NTEE E122 · Health Care·501(c)(3)
Total revenue
$28.6M
Total assets
$200.9M
Total expenses
$21.3M
Reported officers
41
Mission

To inspire community philanthropy to advance exceptional health care for patients at Morristown Medical Center. The objective is to use philanthropy to preserve and expand the Medical Center's programs and services in patient care, clinical research, medical and public health education, and preventive medicine.

Executive compensation

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Health Care organizations in New Jersey.

Evp-chief Business & Strat
Officer (Unspecified)
$407k
$457k
Svp, Cne/pres. Mmc
Senior Vice President
25th percentile to medianvs Health Care peers nationwide
$250k
$281k
Svp-chief Financial Office
Officer (Unspecified)
$138k
$154k
Trustee
Board Member
25th percentile to median
$50k
$56k
Trustee
Board Member
25th percentile to median
$41k
$46k
Director of Gift Planning
Director (Operational)
10th to 25th percentilevs Health Care peers nationwide
$39k
$44k
Chief Development Offier
Officer (Unspecified)
$34k
$38k
Trustee
Board Member
10th to 25th percentile
$31k
$35k
Trustee
Board Member
10th to 25th percentile
$31k
$35k
Trustee
Board Member
10th to 25th percentile
$27k
$30k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 31 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Foundation for Morristown Medical Center equaled 2% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
2%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Foundation for Morristown Medical Center

What does the Senior Vice President of Foundation for Morristown Medical Center earn?

In 2023, the Senior Vice President of Foundation for Morristown Medical Center received $250,125 in total compensation. This pay is below the median (the midpoint) for Senior Vice President roles among Health Care organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Senior Vice President pay at Foundation for Morristown Medical Center compare with similar nonprofits?

Compared with the same role at Health Care organizations nationwide, the 2023 pay of the Senior Vice President at Foundation for Morristown Medical Center falls between the 25th percentile and the median. In 2023, the highest total compensation at Foundation for Morristown Medical Center equaled 2% of the organization's total expenses. The median for health care organizations is 4%.

What are Foundation for Morristown Medical Center's revenue and expenses?

In 2023, Foundation for Morristown Medical Center reported $28.6M in total revenue and $21.3M in total expenses on its IRS Form 990.

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