Cooper University Hospital Cape Regional Inc
Cooper University Hospital Cape Regional Inc. shows stable but fluctuating finances, with a slight operational deficit in 2023.
EIN: 210662542 · Cape May Ch, NJ · NTEE: E220 · Updated: 2026-03-28
About Cooper University Hospital Cape Regional Inc
Cooper University Hospital Cape Regional Inc (EIN: 210662542) is a nonprofit organization based in Cape May Ch, NJ, classified under NTEE code E220. The organization reported total revenue of $175.9M and total assets of $109.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cooper University Hospital Cape Regional Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cooper University Hospital Cape Regional Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Cooper University Hospital Cape Regional Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is unusual for an organization of this size with revenues exceeding $100 million annually. This suggests that executive compensation might be reported under different categories or that the organization's leadership is compensated through an affiliated entity, which could obscure a complete picture of leadership costs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Cooper University Hospital Cape Regional Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, potentially obscuring true leadership costs.
- Significant decrease in assets from 2021 to 2023 without clear explanation in provided data.
- Operational deficit in the most recent filing (2023), where expenses exceeded revenue.
Strengths
The following positive indicators were identified for Cooper University Hospital Cape Regional Inc:
- Long history of IRS 990 filings (13 filings), indicating consistent reporting.
- Generally stable revenue streams over the past decade, consistently above $120 million.
- Assets consistently exceed liabilities, indicating a healthy balance sheet.
Frequently Asked Questions about Cooper University Hospital Cape Regional Inc
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% for officer compensation across all available filings is highly unusual for an organization of this scale. It suggests that executive compensation may be reported under other expense categories, paid by a related entity, or structured in a way that it doesn't appear in the 'officer compensation' line item on the 990, potentially impacting transparency regarding leadership costs.
What caused the decrease in assets from $198.5 million in 2021 to $144 million in 2023?
The significant decrease in assets from $198,543,955 in 2021 to $144,050,694 in 2023 warrants further investigation. This could be due to investments, capital expenditures, debt repayment, or operational losses, and understanding the specific drivers is crucial for a complete financial assessment.
How does the organization manage its slight operational deficits, such as the one in 2023?
In 2023, expenses ($153,449,818) exceeded revenue ($147,608,272). Understanding how the organization covers these deficits, whether through reserves, investment income, or other funding sources, is important for assessing long-term financial sustainability.
Filing History
IRS 990 filing history for Cooper University Hospital Cape Regional Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cooper University Hospital Cape Regional Inc's revenue has grown by 22.1%, moving from $120.9M to $147.6M. Total assets increased by 1.2% over the same period, from $142.4M to $144.1M. Total functional expenses rose by 29.9%, from $118.1M to $153.4M. In its most recent filing year (2023), Cooper University Hospital Cape Regional Inc reported a deficit of $5.8M, with expenses exceeding revenue. The organization holds $61.5M in liabilities against $144.1M in assets (debt-to-asset ratio: 42.7%), resulting in net assets of $82.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $147.6M | $153.4M | $144.1M | $61.5M | — | — |
| 2022 | $139.8M | $145.0M | $155.9M | $66.5M | — | View 990 |
| 2021 | $150.7M | $139.7M | $198.5M | $92.5M | — | View 990 |
| 2020 | $128.7M | $125.2M | $194.6M | $102.0M | — | View 990 |
| 2019 | $133.8M | $130.1M | $159.9M | $73.4M | — | View 990 |
| 2018 | $132.3M | $132.5M | $158.0M | $69.5M | — | View 990 |
| 2017 | $132.2M | $126.5M | $168.6M | $69.3M | — | View 990 |
| 2016 | $131.9M | $120.6M | $157.7M | $66.7M | — | View 990 |
| 2015 | $126.9M | $115.2M | $163.9M | $73.4M | — | View 990 |
| 2014 | $123.8M | $110.3M | $165.3M | $78.6M | — | View 990 |
| 2013 | $115.2M | $110.3M | $155.2M | $57.6M | — | View 990 |
| 2012 | $119.4M | $113.0M | $149.2M | $74.4M | — | View 990 |
| 2011 | $120.9M | $118.1M | $142.4M | $74.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $147.6M, expenses of $153.4M, and assets of $144.1M (revenue +5.6% year-over-year).
- 2022: Revenue of $139.8M, expenses of $145.0M, and assets of $155.9M (revenue -7.2% year-over-year).
- 2021: Revenue of $150.7M, expenses of $139.7M, and assets of $198.5M (revenue +17.1% year-over-year).
- 2020: Revenue of $128.7M, expenses of $125.2M, and assets of $194.6M (revenue -3.8% year-over-year).
- 2019: Revenue of $133.8M, expenses of $130.1M, and assets of $159.9M (revenue +1.1% year-over-year).
- 2018: Revenue of $132.3M, expenses of $132.5M, and assets of $158.0M (revenue +0.1% year-over-year).
- 2017: Revenue of $132.2M, expenses of $126.5M, and assets of $168.6M (revenue +0.2% year-over-year).
- 2016: Revenue of $131.9M, expenses of $120.6M, and assets of $157.7M (revenue +3.9% year-over-year).
- 2015: Revenue of $126.9M, expenses of $115.2M, and assets of $163.9M (revenue +2.5% year-over-year).
- 2014: Revenue of $123.8M, expenses of $110.3M, and assets of $165.3M (revenue +7.5% year-over-year).
- 2013: Revenue of $115.2M, expenses of $110.3M, and assets of $155.2M (revenue -3.5% year-over-year).
- 2012: Revenue of $119.4M, expenses of $113.0M, and assets of $149.2M (revenue -1.2% year-over-year).
- 2011: Revenue of $120.9M, expenses of $118.1M, and assets of $142.4M.
Data Sources and Methodology
This transparency report for Cooper University Hospital Cape Regional Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.