Salem Health And Wellness Foundation Inc
Salem Health And Wellness Foundation maintains substantial assets with fluctuating revenue and expenses, reporting zero officer compensation.
EIN: 10625542 · Pennsville, NJ · NTEE: E120 · Updated: 2026-03-27
| Metric | Value |
|---|---|
| Total Revenue | $6.3M |
| Total Expenses | $941K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $40 |
| Net Assets | $37.5M |
| Transparency Score | 75/100 |
Is Salem Health And Wellness Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Salem Health And Wellness Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Salem Health And Wellness Foundation Inc
Salem Health And Wellness Foundation Inc (EIN: 10625542) is a nonprofit organization based in Pennsville, NJ, classified under NTEE code E120. The organization reported total revenue of $6.3M and total assets of $40.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Salem Health And Wellness Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Salem Health And Wellness Foundation Inc is a mid-size nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $941K |
| Surplus / Deficit | +$975K |
| Total Assets | $37.6M |
| Total Liabilities | $90K |
| Net Assets | $37.5M |
| Operating Margin | 50.9% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 480.0 months |
Financial Health Grade: A
In 2023, Salem Health And Wellness Foundation Inc reported a surplus of $975K with revenue exceeding expenses, holds 480.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Salem Health And Wellness Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +101.3% | -35.3% | +9.5% |
| 2022 | -82.1% | +66.4% | -44.1% |
| 2021 | +148.1% | -84.4% | +6.9% |
| 2020 | -39.9% | -50.3% | -3.2% |
| 2019 | -94.0% | +360.6% | -4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Salem Health And Wellness Foundation 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Salem Health And Wellness Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $975K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is highly unusual for an organization with assets exceeding $40 million and annual revenues in the millions. This suggests either a fully volunteer executive leadership or that compensation is categorized differently and not captured under 'Officer Comp' in the provided data.
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 Salem Health And Wellness Foundation Inc's IRS 990 filings:
- Highly volatile revenue and expense figures year-over-year, making consistent financial performance difficult to assess.
- Consistent reporting of 0% officer compensation for an organization of this size, which may obscure actual administrative costs if compensation is reported elsewhere.
Strengths
The following positive indicators were identified for Salem Health And Wellness Foundation Inc:
- Strong asset base, currently $40,281,418, indicating financial stability and capacity for future programs.
- Positive operating margin in the most recent filing (202312: Revenue=$1,915,172, Expenses=$940,611).
- Low liabilities relative to assets across most periods, suggesting good financial management of debt.
Frequently Asked Questions about Salem Health And Wellness Foundation Inc
Is Salem Health And Wellness Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Salem Health And Wellness Foundation Inc (EIN: 10625542) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Salem Health And Wellness Foundation Inc spend its money?
Salem Health And Wellness Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Salem Health And Wellness Foundation Inc tax-deductible?
Salem Health And Wellness Foundation Inc is registered as a tax-exempt nonprofit (EIN: 10625542). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Salem Health And Wellness Foundation Inc CEO make?
Salem Health And Wellness Foundation Inc's highest-compensated officer earns $40 annually. The organization reported $6.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Salem Health And Wellness Foundation Inc's spending goes to programs?
Salem Health And Wellness Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Salem Health And Wellness Foundation Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Salem Health And Wellness Foundation Inc is above average for NTEE category E120 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Salem Health And Wellness Foundation Inc located?
Salem Health And Wellness Foundation Inc is headquartered in Pennsville, New Jersey and files with the IRS under EIN 10625542. It is classified under NTEE code E120.
How many years of IRS 990 filings does Salem Health And Wellness Foundation Inc have?
Salem Health And Wellness Foundation Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $6.3M in total revenue.
How does Salem Health And Wellness Foundation Inc manage to operate with zero reported officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests either a volunteer-led executive team or that executive salaries are categorized under different expense lines not captured by the 'Officer Comp' field in the provided data. Further investigation into their detailed expense statements would be needed to clarify this.
What caused the significant revenue spike in 2018 to $59,399,791 and the expense spike in 2014 to $53,411,562?
These large fluctuations in revenue and expenses suggest potential one-time events, such as a major asset sale, a large grant received, or a significant program investment. Without more detailed financial statements, the exact causes remain unclear but are indicative of non-recurring financial activities.
Given the substantial assets, what is the foundation's strategy for asset utilization and investment income generation?
With assets consistently in the tens of millions (e.g., $40,281,418 currently), the foundation likely relies on investment income to support its operations and grant-making. Understanding their investment strategy and how much of their revenue is derived from investment returns versus new contributions would provide insight into their long-term sustainability.
Filing History
IRS 990 filing history for Salem Health And Wellness Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Salem Health And Wellness Foundation Inc's revenue has declined by 29.4%, moving from $2.7M to $1.9M. Total assets decreased by 29.5% over the same period, from $53.4M to $37.6M. Total functional expenses rose by 52.9%, from $615K to $941K. In its most recent filing year (2023), Salem Health And Wellness Foundation Inc reported a surplus of $975K, with revenue exceeding expenses. The organization holds $90K in liabilities against $37.6M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $37.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $941K | $37.6M | $90K | — | View 990 |
| 2022 | $952K | $1.5M | $34.3M | $48K | — | View 990 |
| 2021 | $5.3M | $874K | $61.5M | $76K | — | View 990 |
| 2020 | $2.1M | $5.6M | $57.5M | $58K | — | — |
| 2019 | $3.6M | $11.3M | $59.4M | $60K | — | View 990 |
| 2018 | $59.4M | $2.4M | $62.0M | $39K | — | View 990 |
| 2017 | $996K | $757K | $12.2M | $28K | — | View 990 |
| 2016 | $784K | $618K | $11.5M | $38K | — | View 990 |
| 2015 | $663K | $687K | $11.2M | $19K | — | View 990 |
| 2014 | $1.3M | $53.4M | $12.1M | $137K | — | View 990 |
| 2013 | $1.8M | $1.1M | $62.0M | $367K | — | View 990 |
| 2012 | $1.8M | $677K | $57.0M | $522K | — | View 990 |
| 2011 | $2.7M | $615K | $53.4M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $941K, and assets of $37.6M (revenue +101.3% year-over-year).
- 2022: Revenue of $952K, expenses of $1.5M, and assets of $34.3M (revenue -82.1% year-over-year).
- 2021: Revenue of $5.3M, expenses of $874K, and assets of $61.5M (revenue +148.1% year-over-year).
- 2020: Revenue of $2.1M, expenses of $5.6M, and assets of $57.5M (revenue -39.9% year-over-year).
- 2019: Revenue of $3.6M, expenses of $11.3M, and assets of $59.4M (revenue -94.0% year-over-year).
- 2018: Revenue of $59.4M, expenses of $2.4M, and assets of $62.0M (revenue +5864.7% year-over-year).
- 2017: Revenue of $996K, expenses of $757K, and assets of $12.2M (revenue +27.1% year-over-year).
- 2016: Revenue of $784K, expenses of $618K, and assets of $11.5M (revenue +18.2% year-over-year).
- 2015: Revenue of $663K, expenses of $687K, and assets of $11.2M (revenue -48.8% year-over-year).
- 2014: Revenue of $1.3M, expenses of $53.4M, and assets of $12.1M (revenue -29.0% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.1M, and assets of $62.0M (revenue -1.2% year-over-year).
- 2012: Revenue of $1.8M, expenses of $677K, and assets of $57.0M (revenue -32.0% year-over-year).
- 2011: Revenue of $2.7M, expenses of $615K, and assets of $53.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Salem Health And Wellness Foundation Inc:
Data Sources and Methodology
This transparency report for Salem Health And Wellness Foundation 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.