Civic Intelligence

Ocean Health Initiatives Inc

EIN 06-1691342 • 501(c)3 • Wall Township, NJ

Profile

Ohi is a federally qualified health center (fqhc) based in ocean county, new jersey. (see schedule o for details)

4814 Outlook Drive Suite 111Wall Township, NJ 07753

www.ohinj.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

53rd percentile

0.41x

Higher debt load relative to assets than 53% of similar nonprofits.

NTEE E • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

55th percentile

0.37x

Higher debt load relative to revenue than 55% of similar nonprofits.

NTEE E • $25M-$50M nonprofits • Source year 2024

Net Margin

78th percentile

14%

Higher net margin than 78% of similar nonprofits.

NTEE E • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

57th percentile

$651,687

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

NTEE E • $25M-$50M nonprofits • Source year 2024

Asset Growth

66th percentile

8.8%

Faster asset growth than 66% of similar nonprofits.

NTEE E • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

58th percentile

11%

Faster revenue growth than 58% of similar nonprofits.

NTEE E • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$27,488,634

Up $2,218,869 (+8.8%) from 2023

Liabilities

Down

$11,324,627

Down $2,035,118 (-15%) from 2023

Net Assets

Up

$16,164,007

Up $4,253,987 (+36%) from 2023

Revenue

Up

$30,284,912

Up $2,948,335 (+11%) from 2023

Expenses

Down

$26,140,014

Down $3,319,988 (-11%) from 2023

Net Income

Up

$4,144,898

Up $6,268,323 (+295%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2010: $4,556,914Liabilities 2010: $1,570,448Net Assets 2010: $2,986,4662010Assets 2011: $8,353,275Liabilities 2011: $1,759,957Net Assets 2011: $6,593,3182011Assets 2012: $8,930,572Liabilities 2012: $2,435,517Net Assets 2012: $6,495,0552012Assets 2013: $9,092,709Liabilities 2013: $3,004,317Net Assets 2013: $6,088,3922013Assets 2014: $10,037,822Liabilities 2014: $3,623,169Net Assets 2014: $6,414,6532014Assets 2015: $11,432,959Liabilities 2015: $4,298,394Net Assets 2015: $7,134,5652015Assets 2016: $11,881,986Liabilities 2016: $4,341,165Net Assets 2016: $7,540,8212016Assets 2017: $13,079,166Liabilities 2017: $5,333,475Net Assets 2017: $7,745,6912017Assets 2018: $19,059,955Liabilities 2018: $11,461,641Net Assets 2018: $7,598,3142018Assets 2019: $20,549,545Liabilities 2019: $14,274,918Net Assets 2019: $6,274,6272019Assets 2020: $21,183,985Liabilities 2020: $14,894,095Net Assets 2020: $6,289,8902020Assets 2021: $23,142,154Liabilities 2021: $11,638,549Net Assets 2021: $11,503,6052021Assets 2022: $27,718,363Liabilities 2022: $13,758,890Net Assets 2022: $13,959,4732022Assets 2023: $25,269,765Liabilities 2023: $13,359,745Net Assets 2023: $11,910,0202023Assets 2024: $27,488,634Liabilities 2024: $11,324,627Net Assets 2024: $16,164,0072024

Highlighted filing

2024

Assets$27,488,634
Liabilities$11,324,627
Net Assets$16,164,007

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40M$30M$20M$10M$0-$10MExpenses 2010: $13,850,0292010Expenses 2011: $14,501,4092011Revenue 2012: $14,888,745Expenses 2012: $14,938,571Net Income 2012: -$49,8262012Revenue 2013: $13,999,755Expenses 2013: $14,406,418Net Income 2013: -$406,6632013Revenue 2014: $15,366,444Expenses 2014: $15,040,183Net Income 2014: $326,2612014Revenue 2015: $17,592,894Expenses 2015: $16,872,982Net Income 2015: $719,9122015Revenue 2016: $18,908,816Expenses 2016: $18,502,560Net Income 2016: $406,2562016Revenue 2017: $21,155,819Expenses 2017: $20,950,949Net Income 2017: $204,8702017Revenue 2018: $23,195,367Expenses 2018: $23,342,744Net Income 2018: -$147,3772018Revenue 2019: $24,131,108Expenses 2019: $24,835,774Net Income 2019: -$704,6662019Revenue 2020: $25,483,286Expenses 2020: $25,162,759Net Income 2020: $320,5272020Revenue 2021: $32,670,727Expenses 2021: $27,971,026Net Income 2021: $4,699,7012021Revenue 2022: $30,657,644Expenses 2022: $28,852,676Net Income 2022: $1,804,9682022Revenue 2023: $27,336,577Expenses 2023: $29,460,002Net Income 2023: -$2,123,4252023Revenue 2024: $30,284,912Expenses 2024: $26,140,014Net Income 2024: $4,144,8982024

Highlighted filing

2024

Revenue$30,284,912
Expenses$26,140,014
Net Income$4,144,898

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$27.5$11.3$16.2$30.3$26.1$4.14
2023Detailed filing. Detailed filing data is available for this year.$25.3$13.4$11.9$27.3$29.5$2.12
2022Detailed filing. Detailed filing data is available for this year.$27.7$13.8$14.0$30.7$28.9$1.80
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.1$11.6$11.5$32.7$28.0$4.70
2020Detailed filing. Detailed filing data is available for this year.$21.2$14.9$6.29$25.5$25.2$0.32
2019Detailed filing. Detailed filing data is available for this year.$20.5$14.3$6.27$24.1$24.8$0.70
2018Detailed filing. Detailed filing data is available for this year.$19.1$11.5$7.60$23.2$23.3$0.15
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.1$5.33$7.75$21.2$21.0$0.20
2016Summary only. Only limited summary data is available for this year.$11.9$4.34$7.54$18.9$18.5$0.41
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$11.4$4.30$7.13$17.6$16.9$0.72
2014Detailed filing. Detailed filing data is available for this year.$10.0$3.62$6.41$15.4$15.0$0.33
2013Detailed filing. Detailed filing data is available for this year.$9.09$3.00$6.09$14.0$14.4$0.41
2012Summary only. Only limited summary data is available for this year.$8.93$2.44$6.50$14.9$14.9$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.35$1.76$6.59$14.5
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.56$1.57$2.99$13.9
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$30,353,855
Mission and Program Overview

Mission

Providing health care services to medically underserved population.

OHI is dedicated to providing quality, accessible and comprehensive Primary health care to RESIDENTS OF Ocean County.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$12,584,058$11,832,293▼ $751,765
Savings and Temporary Cash Investments$4,300,418$7,463,318▲ $3,162,900
Accounts Receivable$4,531,500$4,860,324▲ $328,824
Cash and Non-Interest-Bearing Accounts$711,240$1,278,414▲ $567,174
Pledges and Grants Receivable$362,980$353,379▼ $9,601
Prepaid Expenses and Deferred Charges$374,841$197,814▼ $177,027
Inventories for Sale or Use$106,927$87,151▼ $19,776
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$25,269,765$27,488,634▲ $2,218,869
Other Assets Total$2,297,801$1,415,941▼ $881,860
Liabilities
Mortgage Notes Payable Secured by Investment Property$8,005,908$7,684,163▼ $321,745
Accounts Payable and Accrued Expenses$2,914,584$2,235,683▼ $678,901
Other Liabilities$2,289,253$1,316,824▼ $972,429
Deferred Revenue$150,000$87,957▼ $62,043
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$13,359,745$11,324,627▼ $2,035,118
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,910,020$16,164,007▲ $4,253,987
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$11,910,020$16,164,007▲ $4,253,987
Total Liabilities and Net Assets / Fund Balance$25,269,765$27,488,634▲ $2,218,869

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$11,182,071$5,422,607$16,604,678
Equipment$178,790$2,565,743$2,744,533
Other Land Buildings$346,897$432,605$779,502
Buildings$124,535$203,909$328,444
Other Assets Org$90,323--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Theresa BergerChief Executive OfficerFT$585,684$66,003$651,687
Bridget HoganChief Operating OfficerFT$361,655$58,852$420,507
Judith SousaCMOFT$314,050$53,613$367,663
Keila J RamosVice President Rev/PMFT$204,337$42,038$246,375
John J IntiliProviderFT$218,892$17,019$235,911
Jay WortzelProviderFT$210,995$11,614$222,609
MARIA G PINEDA RamosProviderFT$205,379$17,071$222,450
Chandravadan ShahPhysician-ob/gynFT$198,633$21,376$220,009

Board Members and Trustees

NameTitle
Jorge RodChair
Tony LombardinoVice Chair
Deb LevinsonBoard Member
Eric HoughtalingBoard Member
John CraddoxBoard Member
John LeibBoard Member
Joseph CaselloBoard Member
Karen MccabeBoard Member
Mary GuarinBoard Member
Maryjo GrausoBoard Member
Matt DohertyBoard Member
Vincent DelladonnaBoard Member
Cathy AinoraTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Dr Paul Mattacounseling224 Taylor Mills Rd Ste 106, Manalapan, NJ 07726$415,440
Global Cleaning USA LLCCleaning Services15 Mitchell Drive, Toms River, NJ 08755$177,588
Adest Law Pllclegal services33 Park Circle, Cedarhurst, NY 11516$165,000
Garfunkel Wild PCHealthcare Marketing111 Great Neck Road 6th Floor, Great Neck, NY 11021$114,314
Revenue and Support

Revenue Composition

Contributions and Grants
$9,371,136
Program Service Revenue
$20,889,428
Investment Income
$11,410
Other Revenue
$12,938
All Other Contributions
$0
Change in Net Assets
$4,144,898

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Drugs and Medical Supplies6,007$1,736,409Fair Value
Total Noncash Contributions6,007$1,736,409-

Audited Revenue Reconciliation

Revenue per Audited Statements
$30,284,912
Revenue Not Reported on Form 990
$220,175
Total Revenue per Audited Statements
$30,505,087
Total Revenue per Form 990
$30,284,912
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$15,197,566
Other Expenses$10,942,448
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$8,907,703$2,226,926-$11,134,629
Fees for Services Other$2,025,525$130,296-$2,155,821
Occupancy$1,330,461$338,895-$1,669,356
Current Officers, Directors, Trustees, and Key Employees$1,121,459$280,950-$1,402,409
Other Employee Benefits$1,038,487$265,136-$1,303,623
Office Expenses$974,874$263,852-$1,238,726
Payroll Taxes$815,941$208,317-$1,024,258
Depreciation Depletion$680,126$177,306-$857,432
Interest$374,368$87,312-$461,680
Insurance$309,065$77,266-$386,331
Pension Plan Contributions$264,992$67,655-$332,647
Other Expenses$170,347$42,587-$212,934
Fees for Services Legal-$154,872-$154,872
Fees for Services Accounting-$81,901-$81,901
Travel$24,130$6,033-$30,163
Total Functional Expenses$21,730,710$4,409,304$0$26,140,014

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$26,251,100
Expenses per Audited Statements$26,140,014
Total Expenses per Form 990$26,140,014
Expenses Not Reported on Form 990$111,086
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$68,943
Fundraising Gross Income$38,781
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$38,781$38,781$7,853$30,928
Total Events$38,781$38,781$68,943$-30,162
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Finance Lease Liabilities$1,314,332
Operating Lease Liabilities$2,492
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, part VI, Section B, Line 11B

THE FORM 990 IS REVIEWED IN DETAIL BY THE CEO AND CFO OR ACTING CFO OF THE ORGANIZATION AFTER THEIR REVIEW AND APPROVAL, THE FINANCE COMMITTEE WILL THEN RECEIVE A COPY OF THE RETURN FOR THEIR REVIEW AND APPROVAL. AFTER THE RETURN IS APPROVED INTERNALLY, THE BOARD IS GIVEN A COPY OF THE RETURN FOR THEIR REVIEW. ONCE THIS PROCEDURE IS COMPLETED, THE FORM 990 IS SIGNED BY AN AUTHORIZED REPRESENTATIVE AND filed with the IRS.

Form 990, Part VI, Section B, Line 12 C

Each year, the organization distributes a conflict of interest policy to executive management and to the board of directors for their review and affirmative acknowledgement that they are aware of the policy. In addition, the organization asks for any organizations that senior management, medical staff or board of directors have an interest in to ensure that referrals or other vendor relationships are not being consummated with those entities. Any potential conflicts of interest are brought to the board of directors for their initial review. Any conflicts deemed by the board to be potentially detrimental to the organization are referred to legal counsel for their review.

Form 990, Part VI, Section B, Lines 15 A&B

A performance evaluation is completed on the executive director each year. After the evaluation is completed, the compensation committee will complete an analysis utilizing other nj health centers 990 filings as well as other public compensation surveys.

Form 990, part VI, section C, line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Ocean Health Initiatives Inc
EIN
06-1691342
In Care Of
% CHRIS OLLEMAR
Phone
7323636655
Address
4814 Outlook Drive Suite 111, Wall Township, NJ 07753

Signing Officer

Name
Theresa Berger
Title
CEO
Phone
7323636655
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Theresa Berger
Formed
2003
Legal Domicile
Nj
Voting Board Members
13
Independent Board Members
13
Employees
260
Volunteers
13

Preparer

Firm
WithumSmithBrown PC
Address
ONE TOWER CENTER BLVD 14TH FL, EAST BRUNSWICK, NJ 08816
Preparer
Joseph Perez
Phone
7328281614
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1

OHI provides high quality, accessible and affordable, family healthcare at its four sites. Our Health Centers are in Brick, Freehold, Lakewood, Little Egg Harbor, Manahawkin, Manchester and Toms River; with our school based Wellness Programs located within in the Clifton Ave Grade School, Lakewood; and the Lakewood High School. OHI welcomes patients from all walks of life beginning at birth through their senior years. Our board certified and bi-lingual staff work in partnership with our patients on a daily basis to ensure that individual and family needs are continually met. At OHI, we seek to empower our patients with the tools they need to maintain optimum physical and emotional health. Our comprehensive range of services are available to the area's uninsured and under-insured residents on a sliding-fee scale, based on an individual or family's ability to pay. Our call center is open 24 hours a day; 7 days a week guaranteeing continuous access to care. OHI recognizes the impact that accessible health care and education can have within a community. Making healthy choices should be easy. To benefit the well-being of our patients, OHI provides a range of additional services including chronic disease self-management programs, a mobile medical unit and a patient portal site offering the ability to access medical records and educational materials from home. Ocean Health Initiatives is an FTCA deemed facility.

Financial Statement Notes

Form 990, Schedule D, Part X, LIne 2:

OHI has no unrecognized tax benefits at December 31, 2024. OHI has filed all required payroll tax returns and payroll taxes due have been paid. There were no tax related interest or penalties included in the financial statements presented.

Raw XML AppendixShowing 400 of 854 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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