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 233 of 1033 by CEO pay.

St Joseph's Health System Subordinate

Dustin Riccio MD, President/CEO. Fiscal year ending 2024-12.

$1.7M
CEO total compensation
Form 990 Part VII, columns D+E+F
1.53%
of expenses spent on charity care
Schedule H Part I line 7a
10.3%
CEO pay as a share of all charity care

Also listed with a chief executive title in the same filings: Kevin J Slavin, President/CEO, $1,980,792. Where a chief executive retired during the year, the filing reports the final-year payout.

§1The filing

Total revenue
$1,078,024,153
Total expenses
$1,076,199,998
Net assets
$386,830,611
Employees
6,141
Hospitals covered
2 facilities across 1 filing
Charity care, net
$16,492,037
Bad debt
$144,736,209
Medicare surplus (shortfall), as filed
($68,392,438)
CEO pay from the organization (Part VII col. D)
$1,361,876
From related organizations (col. E)
$0
Other compensation, including deferred pay and nontaxable benefits (col. F)
$341,477
CEO total compensation (D+E+F)
$1,703,353 to Dustin Riccio MD

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, St Joseph's Health System Subordinate, EIN 27-1344467, 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)$172.1M Of which charity care to patients who could not pay (line 7a)$16.5M (10%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($144.7M) 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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St Joseph's Health System Subordinate: CEO pay $1.7M, charity care 1.53% of expenses