IRS Form 990 · EIN 06-1691342

Ocean Health Initiatives Inc

Lakewood, NJ 08701-3324 · Tax year 2023

NTEE E30Health Treatment Facility

$27.3M

Total revenue

$29.5M

Total expenses

$12K

Net income

0.0%

Operating margin

Financial summary

Compared to 6 organizations with NTEE E30 in NJ

Avg revenue (peers)

$74.5M

This org:$27.3M

Avg net income (peers)

$-2.9M

This org:$12K

Avg top exec comp (peers)

$626K

This org (highest):$652K

21 officers + key employees from the most recent Schedule J filing (FY2024; the financial summary above is FY2023)

Name	Title	Hours/wk	Base comp	Total comp
THERESA BERGER	CHIEF EXECUTIVE OFFICER	40	$586K	$652K
BRIDGET HOGAN	CHIEF OPERATING OFFICER	40	$362K	$421K
JUDITH SOUSA	CMO	40	$314K	$368K
KEILA J RAMOS	Vice President Rev/PM	40	$204K	$246K
JOHN J INTILI	PROVIDER	40	$219K	$236K
JAY WORTZEL	PROVIDER	40	$211K	$223K
MARIA G PINEDA Ramos	PROVIDER	40	$205K	$222K
CHANDRAVADAN SHAH	PHYSICIAN-OB/GYN	40	$199K	$220K
TONY LOMBARDINO	VICE CHAIR	1	—	—
CATHY AINORA	TREASURER	1	—	—
DEB LEVINSON	BOARD MEMBER	1	—	—
VINCENT DELLADONNA	BOARD MEMBER	1	—	—
JOHN CRADDOX	BOARD MEMBER	1	—	—
MARY GUARIN	BOARD MEMBER	1	—	—
MARYJO GRAUSO	BOARD MEMBER	1	—	—
JOSEPH CASELLO	BOARD MEMBER	1	—	—
ERIC HOUGHTALING	BOARD MEMBER	1	—	—
MATT DOHERTY	BOARD MEMBER	1	—	—
KAREN MCCABE	BOARD MEMBER	1	—	—
JOHN LEIB	BOARD MEMBER	1	—	—
JORGE ROD	CHAIR	1	—	—

Revenue and net income trend across all available filings

RevenueNet income

Year	Revenue	Expenses	Net income	Assets
2024	—	—	—	—
2023	$27.3M	$29.5M	$12K	$25.3M
2022	$30.7M	$28.9M	$1.8M	$27.7M
2021	$32.7M	$28.0M	$4.7M	$23.1M
2020	$25.5M	$25.2M	$321K	$21.2M
2019	$24.1M	$24.8M	$-309K	$20.5M
2018	$23.2M	$23.3M	$-147K	$19.1M
2017	$21.2M	$21.0M	$205K	$13.1M
2016	$18.9M	$18.5M	$406K	$11.9M
2015	$17.6M	$16.9M	$720K	$11.4M

This organization appears to be a hospital. Explore additional data sources: