Official Seal, Everything Is Broken (2026)

Everything Is Broken

Report No. 1 · Nonprofit Hospital Executive Pay vs Charity Care · Annual Report, 2026 edition

New Jersey · Ranked 20 of 1033 by CEO pay.

RWJ Barnabas Health Inc - Subordinates

Mark E Manigan, Trst - Cbmc-RWJBH Pres./CEO. Fiscal year ending 2024-12.

$8.9M
CEO total compensation
Form 990 Part VII, columns D+E+F
2.38%
of expenses spent on charity care
Schedule H Part I line 7a
5.1%
CEO pay as a share of all charity care

Most of the reported compensation ($7,116,365 of $8,864,611) came from a related organization (Part VII column E) and was reported on this filing.

Also listed with a chief executive title in the same filings: Gary S Horan, Trst-Trmc; Frmr Pres/CEO Trmc, $4,288,182; Michael Prilutsky, Trustee - President/CEO - Jcmc, $2,300,469; Richard L Davis, President/CEO - Cbmc, $2,216,418; Darrell Terry, President/CEO - Nbimc, $2,094,460. Where a chief executive retired during the year, the filing reports the final-year payout.

§1The filing

Total revenue
$7,777,256,607
Total expenses
$7,328,308,325
Net assets
$4,967,902,114
Employees
39,974
Hospitals covered
15 facilities across 1 filing
Charity care, net
$174,370,937
Bad debt
$306,885,968
Medicare surplus (shortfall), as filed
($292,730,351)
CEO pay from the organization (Part VII col. D)
$0
From related organizations (col. E)
$7,116,365
Other compensation, including deferred pay and nontaxable benefits (col. F)
$1,748,246
CEO total compensation (D+E+F)
$8,864,611 to Mark E Manigan

Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.

Source: Form 990, RWJ Barnabas Health Inc - Subordinates, EIN 85-1296795, fiscal year ending 2024-12, as published by the IRS. CEO identification: ceo title multiple.

§2Community benefit versus charity care

What the system reported as total community benefit (Schedule H line 7k)$737.5M Of which charity care to patients who could not pay (line 7a)$174.4M (24%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($306.9M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.

Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.

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RWJ Barnabas Health Inc - Subordinates: CEO pay $8.9M, charity care 2.38% of expenses