Civic Intelligence

Tri-County Cardiovascular Services PC

990EZ • Fiscal year 2020 • EIN 45-4199382

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 05, 2021

509 North Broad StreetWoodbury, NJ 08096

(856) 641-6605

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2020

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

2020 filings • NTEE E60 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2019 to 2020

Revenue Growth

4th percentile

-100%

Faster revenue growth than 4% of similar nonprofits.

2020 filings • NTEE E • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Flat

$0

Flat from 2019

Net Assets

Flat

$0

Flat from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$0

Down $636 (-100%) from 2019

Expenses

Flat

$0

Flat from 2019

Net Income

Down

$0

Down $636 (-100%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MAssets 2012: $913,918Liabilities 2012: $434,221Net Assets 2012: $479,6972012Assets 2013: $1,196,965Liabilities 2013: $1,244,740Net Assets 2013: -$47,7752013Assets 2014: $1,049,507Liabilities 2014: $2,167,867Net Assets 2014: -$1,118,3602014Assets 2015: $1,766,382Liabilities 2015: $410,485Net Assets 2015: $1,355,8972015Assets 2016: $2,763,184Liabilities 2016: $549,554Net Assets 2016: $2,213,6302016Assets 2017: $2,828,819Liabilities 2017: $439,965Net Assets 2017: $2,388,8542017Assets 2018: $78,120Liabilities 2018: $0Net Assets 2018: $78,1202018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2020

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2012: $2,468,441Expenses 2012: $3,438,744Net Income 2012: -$970,3032012Revenue 2013: $3,426,810Expenses 2013: $5,429,282Net Income 2013: -$2,002,4722013Revenue 2014: $3,532,461Expenses 2014: $5,303,046Net Income 2014: -$1,770,5852014Revenue 2015: $3,885,531Expenses 2015: $5,802,721Net Income 2015: -$1,917,1902015Revenue 2016: $3,809,366Expenses 2016: $6,204,878Net Income 2016: -$2,395,5122016Revenue 2017: $178,057Expenses 2017: $2,833Net Income 2017: $175,2242017Revenue 2018: $0Expenses 2018: $2,360Net Income 2018: -$2,3602018Revenue 2019: $636Expenses 2019: $0Net Income 2019: $6362019Revenue 2020: $0Expenses 2020: $0Net Income 2020: $02020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024

Highlighted filing

2020

Revenue$0
Expenses$0
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 5, 2021
Return Version
2020v4.1
Gross Receipts
$0
Mission and Program Overview

Mission

Prior to transferring the operations of this organization to a related affiliate, the organization's mission was to bring together licensed physicans practicing in the field of cardiology and associated with inspira medical center woodbury, inc. ("imcw"). To provide superior professional cardiology services to the residents of imcw's service area in a non-discriminatory manner and regardless of ability to pay, to assist imcw in the management of its cardiology service line and to otherwise assist inspira health network, inc. And imcw in carrying out its tax-exempt charitable mission.

Prior to ceasing activities and operations expenses were incurred in providing superior professional cardiology services to the residents of the inspira medical centers, inc. ("imc") service area in a non-discriminatory manner and regardless of ability to pay, to assist imc in the management of its cardiology service line and to otherwise assist inspira health network, inc. And imc in carrying out its tax-exempt charitable mission.

Program Services

DescriptionGrantsExpenses
EXPENSES WERE INCURRED IN PROVIDING SUPERIOR PROFESSIONAL CARDIOLOGY SERVICES TO THE RESIDENTS OF THE INSPIRA MEDICAL CENTERS, INC. ("IMC") SERVICE AREA IN A NON-DISCRIMINATORY MANNER AND REGARDLESS OF ABILITY TO PAY, TO ASSIST IMC IN THE MANAGEMENT OF ITS CARDIOLOGY SERVICE LINE AND TO OTHERWISE ASSIST INSPIRA HEALTH NETWORK, INC. AND IMC IN CARRYING OUT ITS TAX-EXEMPT CHARITABLE MISSION.-$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHRISTOPHER TROTZ M DDirector - President-$0--
MATTHEW DOONAN ESQSecretary-$0--
THOMAS P BALDOSARO CPATreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Tri-county Cardiovascular Services Pc
EIN
45-4199382
In Care Of
% THOMAS P BALDOSARO CPA
Phone
8566416605
Address
509 NORTH BROAD STREET, WOODBURY, NJ 08096

Signing Officer

Name
Thomas P Baldosaro
Title
CFO
Phone
8566416605
Signed
2021-11-05
Discuss with paid preparer
Yes

Preparer

Firm
WithumSmithBrown PC
Address
200 Jefferson Park Suite 400, Whippany, NJ 07981-1070
Preparer
Scott J Mariani
Phone
9738989494
Supplemental Narrative

Additional Explanations

Core Form, Part V

The organization did not, during the year, receive any funds, directly, or indirectly, to pay premiums on a personal benefit contract. The organization did not, during the year, pay any premiums, directly, or indirectly, on a personal benefit contract.

Raw XML Appendix149 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0EXPENSES WERE INCURRED IN PROVIDING SUPERIOR PROFESSIONAL CARDIOLOGY SERVICES TO THE RESIDENTS OF THE INSPIRA MEDICAL CENTERS, INC. ("IMC") SERVICE AREA IN A NON-DISCRIMINATORY MANNER AND REGARDLESS OF ABILITY TO PAY, TO ASSIST IMC IN THE MANAGEMENT OF ITS CARDIOLOGY SERVICE LINE AND TO OTHERWISE ASSIST INSPIRA HEALTH NETWORK, INC. AND IMC IN CARRYING OUT ITS TAX-EXEMPT CHARITABLE MISSION.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0DUE TO STATE OF NEW JERSEY CORPORATE PRACTICE OF MEDICINE PROHIBITION RULES AND REGULATIONS, A LICENSED PHYSICIAN MUST BE THE OWNER OF A PROFESSIONAL PHYSICIAN SERVICES CORPORATION. ACCORDINGLY THERE EXISTS A LICENSED PHYSICIAN WHO IS THE NOMINEE OWNER OF THIS ORGANIZATION FOR THE BENEFIT OF INSPIRA MEDICAL CENTERS, INC.; AN INTERNAL REVENUE CODE SECTION 501(C)(3) TAX-EXEMPT ORGANIZATION. BOTH ENTITIES ARE AFFILIATES WITHIN INSPIRA HEALTH NETWORK; A TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY SYSTEM. THIS ORGANIZATION PROVIDES PHYSICIAN SERVICES IN FURTHERANCE AND SUPPORT OF THE CHARITABLE TAX-EXEMPT PURPOSES OF INSPIRA HEALTH NETWORK, INC. AND ITS AFFILIATES.
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ReturnHeader/Filer/EIN0454199382
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ReturnHeader/Filer/PhoneNum08566416605
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ReturnHeader/ReturnTs02021-11-12T07:39:53-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0THOMAS P
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BALDOSARO
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings