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 91 of 1033 by CEO pay.

The Cooper Health System A New Jersey Non-Profit

Kevin O'Dowd JD, Co-President/CEO. Fiscal year ending 2024-12.

$3.4M
CEO total compensation
Form 990 Part VII, columns D+E+F
1.78%
of expenses spent on charity care
Schedule H Part I line 7a
8.2%
CEO pay as a share of all charity care

Also listed with a chief executive title in the same filings: Anthony Mazzarelli Mdjdmbe, Co-President/CEO, $3,297,579. Where a chief executive retired during the year, the filing reports the final-year payout.

§1The filing

Total revenue
$2,550,029,191
Total expenses
$2,328,736,380
Net assets
$1,692,527,931
Employees
12,859
Hospitals covered
1 facilities across 1 filing
Charity care, net
$41,484,501
Bad debt
$31,943,835
Medicare surplus (shortfall), as filed
($123,762,000)
CEO pay from the organization (Part VII col. D)
$3,143,641
From related organizations (col. E)
$0
Other compensation, including deferred pay and nontaxable benefits (col. F)
$254,499
CEO total compensation (D+E+F)
$3,398,140 to Kevin O'Dowd JD

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, The Cooper Health System A New Jersey Non-Profit, EIN 21-0634462, 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)$274.0M Of which charity care to patients who could not pay (line 7a)$41.5M (15%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($31.9M) 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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The Cooper Health System A New Jersey Non-Profit: CEO pay $3.4M, charity care 1.78% of expenses