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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Health Care Monmouth Medical Center-Faculty Practice Plan

Monmouth Medical Center-Faculty Practice Plan

Fiscal year ending 2022. Filed on November 15, 2023.

C/o Corp Finance 2 Crescent Place
Oceanport, New Jersey 07757

Monmouth Medical Center-Faculty Practice Plan (EIN: 22-3357053) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2022 IRS Form 990 filing, Monmouth Medical Center-Faculty Practice Plan, a 501(c)(3) charitable organization, reported compensation for 10 out of 119 total employees. Among the employees shown here, the average compensation is $961,179. The highest compensated employee at Monmouth Medical Center-Faculty Practice Plan is William S Arnold with fiscal year 2022 compensation of $2,619,838.

Revenue, expenses, and employee compensation

Revenue

$4,729,204

Expenses

$16,613,212

Employee compensation

$3,548,208
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

William S Arnold
Trustee - Pres/Ceo Rwjuhnb
$2,619,838
$0 $1,946,371 $673,467
Alexander B King, M.D.
Physician
$1,399,992
$1,345,260 No related comp$54,732
Eric W Carney
Trustee-Pres/Ceo Mmc/Mmc-Sc
$1,257,936
$0 $1,010,979 $246,957
Thomas Heleotis, M.D.
Vice President, Medical Affairs
$787,960
$0 $634,221 $153,739
Dmitry Oleynikov, M.D.
Chair
$782,411
$740,197 No related comp$42,214
Jessica D Kondraciuk, M.D.
Physician
$747,125
$741,361 No related comp$5,764
Ian T Cohen, M.D.
Chair
$687,932
$632,165 No related comp$55,767
Robert Graebe, M.D.
Chair
$644,601
$589,758 No related comp$54,843
Douglas Livornese, M.D.
Trustee ex officio
$431,170
$0 $401,641 $29,529
Denice V Gaffney
Trustee ex officio
$252,827
$0 $225,459 $27,368

Benchmark Employee Compensation

Non-Employee Board Members

Jeffrey C Lederman, Do
Trustee ex officio
$38,431
$36,922 No related comp$1,509
Sanjay Kumar, M.D.
Trustee ex officio
$26,000
$0 $26,000 No other comp
Darsit Shah, M.D.
Trustee ex officio
No compensation reported
Andrew Safran
Trustee
No compensation reported
Monique Griffith, Psyd
Trustee
No compensation reported
Jennifer Edmonds, Ph.D.
Trustee
No compensation reported
Alyce Franklin
Trustee
No compensation reported
Mary Anne Nagy
Chair and Trustee
No compensation reported
Sean Gertner
Trustee (Termed 11/21/22)
No compensation reported
Joseph F Lagrotteria, Esq
Trustee (Termed 5/1/22)
No compensation reported
Michael Kokes
Trustee
No compensation reported
George Laufenberg
Trustee (Termed 5/1/22)
No compensation reported

Contractors

Institute of Neurology Neurosurge
Research
$180,833

Mission Statement

PHYSICIAN SERVICES IN CONJUNCTION WITH MONMOUTH MEDICAL CENTER'S MEDICAL EDUCATION AND TEACHING PROGRAM. MONMOUTH MEDICAL CENTER, A RELATED INTERNAL REVENUE CODE SECTION 501(C)(3) TAX-EXEMPT ORGANIZATION, PROVIDES MEDICALLY NECESSARY HEALTHCARE SERVICES TO ALL INDIVIDUALS REGARDLESS OF RACE, COLOR, CREED, SEX, NATIONAL ORIGIN OR ABILITY TO PAY.

Revisions to this organization profile

November 14, 2025:
2024 Monmouth Medical Center-Faculty Practice Plan 990 filed
November 15, 2024:
2023 Monmouth Medical Center-Faculty Practice Plan 990 filed
November 15, 2023:
2022 Monmouth Medical Center-Faculty Practice Plan 990 filed

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