2023-09-05T10:55:35-05:00 2022-12-31 WithumSmithBrown PC ONE TOWER CENTER BLVD 14TH FL EAST BRUNSWICK NJ 08816 990 2022-01-01 222548916 Monmouth Ocean Hospital Serv Corp % BRIAN HECTOR MONM 7322232006 PO Box 445 Farmingdale NJ 07727 BRIAN HECTOR Vice President & CFO 7329193045 2023-08-15 true BRIAN HECTOR XXX-XX-XXXX Brian Wallace P00971519 7328281614 2 2022 2023-04-26 12:10:37Z X BRIAN HECTOR PO Box 445 Farmingdale NJ 07727 1647571 false X WWW.MONOC.ORG X 1984 NJ To improve healthcare for the 2.8 million residents of New Jersey's northern, central and southern shore and reduce costs for the fifteen acute care hospitals who are members. X 2 2 8 2 0 0 0 775654 739318 244149 216631 3565498 691622 4585301 1647571 0 7145984 0 0 792609 246573 0 0 0 704220 1410121 1496829 8802678 3088472 -7155107 9648155 1108498 1220585 212525 8427570 895973 X TO IMPROVE HEALTHCARE FOR THE 2.8 MILLION RESIDENTS WHO LIVE IN THE MORE THAN 1,800 SQUARE MILES OF NEW JERSEY'S NORTHERN, CENTRAL AND SOUTHERN SHORE AND REDUCE COSTS FOR THE FIFTEEN ACUTE CARE HOSPITALS WHO ARE MEMBERS OF THE HEALTHCARE CO-OPERATIVE. false true 7381326 1430940 MICU Services - Mobile intensive care for patients on behalf of our member hospitals. Mobile intensive care involves paramedics providing advances life support services provided to patients regardless of their ability to pay. In 2022, 0 calls were made as operations ceased on 4/1/2020. Basic Life Support Calls involve emergency medical technicians treating patients for 911 and inter-facility ambulance service calls regardless of the patients' ability to pay. In 2022, 0 calls were made as operations ceased on 4/1/2020. MCCS Service - Inter-facility advanced life support calls are provided by a registered nurse, with advanced training and an emergency medical technician treating the most serious ambulance inter-facility transport service calls regardless of the patients' ability to pay. In 2022, 0 calls were made as operations ceased on 4/1/2020. Financial results reflect subsequent activity realized in 2022 during company dissolution process. 7381326 true false false false false false false false false false false false false false false false false false false false false false false false false false false true false true false false false false false false false false false false true true false false false false false true 0 0 8 true false false false false false false false false false false false false X 2 2 false false false false true true true true true false false true true true true true true true false false X BRIAN HECTOR 7322232006 PO BOX 445 Farmingdale NJ 07727 BRIAN HECTOR CFO 50.0 0.0 X 214573 0 38148 DAVID SHOTWELL IN-HOUSE LEGAL OFFICER 1.0 0.0 X 157091 0 10295 JOHN DOLL DIRECTOR 1.0 0.0 X 0 0 0 RICHARD HAND DIRECTOR 1.0 0.0 X 0 0 0 371664 0 48443 2 false true false 0 0 BAD DEBT RECOVERY 621910 691623 691623 PROGRAM SERVICES 621910 47695 47695 739318 6594 6594 0 0 0 0 0 212543 -2506 0 0 212543 -2506 210037 210037 0 0 0 0 0 0 0 0 0 RECOVERY OF SELF-INSURANCE PREMIUMS 900099 691622 691622 691622 1647571 1430940 216631 7145984 7145984 0 0 0 0 0 120943 120943 0 90501 90501 35129 35129 0 18607 18607 25028 25028 0 0 0 305967 83160 222807 0 91713 91713 72 72 0 42097 42097 418 418 0 182 182 0 0 40082 40082 885955 152182 733773 8802678 7381326 1421352 0 X 1382445 1095812 71548 0 0 0 2247 0 0 0 0 0 0 0 0 0 735546 12686 0 0 2989228 0 4467141 0 0 0 0 0 0 0 0 0 9648155 1108498 924071 212525 0 0 0 0 0 0 0 0 0 0 0 0 0 0 296514 0 1220585 212525 X 8427570 895973 0 0 8427570 895973 9648155 1108498 -7155107 -376490 X false false false X true ATLANTICARE REGIONAL MEDICAL CENTER 1925 PACIFIC AVENUE ATLANTIC CITY NJ 08401 900779828 501(C)(3) 57754 Termination DISTRIBUTION CAPE REGIONAL MEDICAL CTR 22 STONE HARBOR BLVD CAPE MAY NJ 08210 210662542 501(C)(3) 31499 Termination DISTRIBUTION MORRISTOWN MEMORIAL HOSPITAL 100 MADISON AVENUE MORRISTOWN NJ 07960 521958352 501(C)(3) 5638 Termination DISTRIBUTION MOUNTAINSIDE MEDICAL CENTER 1 BAY AVENUE MONTCLAIR NJ 07042 223757824 501(C)(3) 17040 Termination DISTRIBUTION OVERLOOK HOSPITAL 99 BEAUVOIR AVENUE SUMMIT NJ 07901 223792083 501(C)(3) 5638 Termination DISTRIBUTION CENTRASTATE MEDICAL CENTER 901 WEST MAIN STREET FREEHOLD NJ 07728 221750190 501(C)(3) 2000000 Termination DISTRIBUTION RWJ BARNABAS HEALTH 95 OLD SHORT HILLS ROAD WEST ORANGE NJ 07052 810682747 501(C)(3) 1640000 Termination DISTRIBUTION HACKENSACK MERIDIAN HEALTH 343 THORNALL STREET EDISON NJ 08837 223474145 501(C)(3) 438125 Termination DISTRIBUTION HACKENSACK MERIDIAN HEALTH 343 THORNALL STREET EDISON NJ 08837 223474145 501(C)(3) 2950291 BOOK BUILDING Termination DISTRIBUTION 8 SCHEDULE I, PART I, LINE 2 Termination distributions. X X X X false false false false false false false false false BRIAN HECTOR CFO 214573 0 0 0 0 0 0 0 38148 0 252721 0 0 0 DAVID SHOTWELL IN-HOUSE LEGAL OFFICER 157091 0 0 0 0 0 0 0 10295 0 167386 0 0 0 CASH DISTRIBUTION 2022-04-26 57754 CASH 900779828 ATLANTICARE REGIONAL MEDICAL CTR 1925 PACIFIC AVENUE ATLANTIC CITY NJ 08401 501(C)(3) CASH DISTRIBUTION 2022-04-26 31499 CASH 210662542 CAPE REGIONAL MEDICAL CTR 22 STONE HARBOR BLVD CAPE MAY NJ 08210 501(C)(3) CASH DISTRIBUTION 2022-04-26 5638 CASH 521958352 MORRISTOWN MEMORIAL HOSPITAL 100 MADISON AVE MORRISTOWN NJ 07960 501(C)(3) CASH DISTRIBUTION 2022-04-26 17040 CASH 223757824 MOUNTAINSIDE MEDICAL CENTER 1 BAY AVENUE SUMMIT NJ 07901 501(C)(3) CASH DISTRIBUTION 2022-12-31 5638 CASH 223792083 OVERLOOK HOSPITAL 99 BEAUBOIR AVENUE SUMMIT NJ 07901 501(C)(3) CASH DISTRIBUTION 2022-04-27 2000000 CASH 221750190 CENTRASTATE MEDICAL CENTER 901 WEST MAIN STREET FREEHOLD NJ 07728 501(C)(3) CASH DISTRIBUTION 2022-04-27 1640000 CASH 810682747 RWJ BARNABAS HEALTH 95 OLD SHORT HILLS ROAD WEST ORANGE NJ 07052 501(C)(3) CASH DISTRIBUTION 2022-04-27 438125 CASH 223474145 HACKENSACK MERIDIAN HEALTH 343 THORNALL STREET EDISON NJ 08837 501(C)(3) BUILDING DISTRIBUTION 2022-10-31 2950291 FMV 223474145 HACKENSACK MERIDIAN HEALTH 343 THORNALL STREET EDISON NJ 08837 501(C)(3) false false false false FORM 990, PART VI, SECTION A, LINE 6: THE ORGANIZATON HAS MEMBER HOSPITALS. FORM 990, PART VI, SECTION A, LINE 7A: THE ORGANIZATIONS'S MEMBER HOSPITALS MAY ELECT BOARD MEMBERS. FORM 990, LINE VI, SECTION A, LINE 7B: THE BOARD OF DIRECTORS WAS PROVIDED AN ELECTRONIC COPY OF THE FORM 990 FOR REVIEW PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 11B: The Organization distributes a copy of the 990 to all board members prior to filing with the IRS. FORM 990, PART VI, SECTION B, LINE 12C: MONOC'S WRITTEN POLICY AND PROCEDURE MANUAL REQUIRES ALL EMPLOYEES TO AVOID AND DISCLOSE REAL AND PERCEIVED CONFLICTS OF INTEREST BETWEEN THE EMPLOYEES AND THEIR RESPONSIBILITIES TO MONOC, AND INCLUDES DISCLOSURE OF BUSINESS RELATIONSHIPS BETWEEN MONOC AND FAMILY MEMBERS OF EMPLOYEES. MONOC'S PRESIDENT MAKES DETERMINATIONS, BASED ON THE FACTS OF EACH INDIVIDUAL SITUATION, WHETHER AN EMPLOYEES'S PARTICULAR OUTSIDE ACTIVITY OR RELATIONSHIP CONSTITUTES A POTENTIAL CONFLICT. THE WRITTEN POLICY SPECIFIES CERTAIN ACTIVITIES WHICH ARE PRE-DETERMINED TO BE CONFLICTS,AND SETS FOR THE PROCEDURE FOR SUBMITTING OTHER ACTIVITIES AND EMPLOYMENT FOR CONSIDERATION BY THE PRESIDENT. FURTHER, ACCEPTING GIFTS FROM PERSONS OR ENTITES SEEKING BUSINESS WITH MONOC ARE PROHIBITED. A COMMITTEE REVIEWS THE CONFLICT OF INTEREST POLICY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15: The compensation committee of the board of directors engages a third part to do a comparative study every few years to evaluate the compensation level of the president/CEO. The last study issued a comparison to nine industries companies, and was thoroughly reviewed by the compensation committee and met the rebuttable presumption of reasonableness. A compensation package is reviewed each year and voted on and approved by the compensation committee. The Chairman of the Board and/or President/CEO have ultimate discretion and authority for all other employees. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC.THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART III, LINE 4A ADVANCED LIFE SUPPORT CALLS INVOLVE PARAMEDICS, WITH ADVANCED TRAINING, TREATING THE MOST SERIOUS 911 EMERGENCY AMBULANCE SERVICE CALLS. ALSO PROVIDED CHARITY CARE TO PATIENTS WHO MET CERTAIN CRITERIA WITHOUT CHARGE OR AT AMOUNTS LESS THAN ESTABLISHED RATES. IN 2020 0 CALLS WERE PROVIDED AT NO CHARGE OR REDUCED CHARGES DUE TO THE LACK OF INSURANCE COVERAGE OF THE PATIENT AND THE INABILITY TO PAY FOR THESE SERVICES. TOTAL ESTIMATED COSTS INCURRED UNDER THE CHARITY CARE POLICY AMOUNTED TO $0 IN 2021. FORM 990, PART III, LINE 3 THE ORGANIZATION CEASED OPERATIONS ON 4/1/2020.