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Palisades Medical Associates Llc

  • Edison, NJ
  • Tax-exempt since Aug. 2015
  • EIN: 22-3814193

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Health — General and Rehabilitative / Group Health Practice (Health Maintenance Organizations) (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$20.1M (2022)

Expenses
$20.1M (2022)

Total Assets
$40.4M (2022)

Total Liabilities
$2.89M (2022)

Source: Form 990 tax filings from 2013 to 2022

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$20,140,744
Expenses
$20,140,744
Net Income
$0
Net Assets
$37,477,034
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,034,034
39.9%
Program Services $12,122,160
60.2%
Investment Income $817
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$16,267
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $11,050,946
54.9%
Assets/Debt
Total Assets $40,366,215
Total Liabilities $2,889,181
Net Assets $37,477,034
Compensation
Key Employees and Officers Compensation Related Other
David T Chang (Physician) $1,393,553 $0 $42,647
Mark Gabelman Md (Medical Director) $929,290 $0 $41,501
Aida Capo Md (Physician) $684,928 $15,000 $51,275
Maria Capo (Physician) $530,928 $0 $50,984
Sonal Pathak (Physician) $452,307 $0 $14,441
Anthony J Passannante Jr Md (President Trustee) $0 $908,077 $35,068
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Document Links

990
Filed on Nov. 13, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$17,272,240
Expenses
$17,272,240
Net Income
$0
Net Assets
$18,678,030
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,981
0.0%
Program Services $17,266,259
100.0%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $9,802,690
56.8%
Assets/Debt
Total Assets $22,407,645
Total Liabilities $3,729,615
Net Assets $18,678,030
Compensation
Key Employees and Officers Compensation Related Other
Maria Capo (Physician) $540,618 $0 $37,070
Aida Capo Md (Physician) $491,362 $200,110 $37,389
David T Chang (Physician) $491,133 $0 $36,916
Mark Gabelman Md (Medical Director) $453,654 $297,134 $30,729
Suri Ponamgi (Physician) $426,482 $0 $15,814
Anthony J Passannante Jr Md (President Trustee) $0 $1,013,738 $19,624
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Document Links

990
Filed on Nov. 10, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$15,525,249
Expenses
$15,525,249
Net Income
$0
Net Assets
-$17,845,900
Notable Sources of Revenue Percent of Total Revenue
Contributions $219,612
1.4%
Program Services $15,305,311
98.6%
Investment Income $326
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $8,309,570
53.5%
Assets/Debt
Total Assets $3,105,958
Total Liabilities $20,951,858
Net Assets -$17,845,900
Compensation
Key Employees and Officers Compensation Related Other
Mark Gabelman Md (Medical Director) $751,387 $3,471 $26,730
David T Chang (Physician) $579,750 $0 $39,632
Ayolola Onayemi Md (Physician) $378,178 $0 $30,244
Barbara Cirignano (Physician) $346,672 $0 $42,300
Aida Capo Md (Physician) $330,695 $36,425 $39,549
Anthony J Passannante Jr Md (President Trustee) $0 $887,060 $44,730
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Document Links

990
Filed on Nov. 8, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,764,164
Expenses
$19,764,164
Net Income
$0
Net Assets
-$17,845,900
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $19,753,358
99.9%
Investment Income $6
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $10,800
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $13,760,183
69.6%
Assets/Debt
Total Assets $2,197,502
Total Liabilities $20,043,402
Net Assets -$17,845,900
Compensation
Key Employees and Officers Compensation Related Other
Mark Gabelman Md (Medical Director) $688,831 $0 $33,985
John M Davis Md (Chairman Of Surgery) $496,660 $0 $33,799
Ayolola Onayemi Md (Physician) $329,451 $0 $24,830
Maria Capo Md (Physician) $265,244 $0 $36,858
Aida Capo Md (Physician) $261,979 $0 $37,124
Anthony J Passannante Jr Md (President Trustee) $0 $890,474 $44,766
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Document Links

990
Filed on Oct. 21, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,866,739
Expenses
$13,866,739
Net Income
$0
Net Assets
-$17,845,900
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $13,855,939
99.9%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $10,800
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $9,268,673
66.8%
Assets/Debt
Total Assets $4,247,195
Total Liabilities $22,093,095
Net Assets -$17,845,900
Compensation
Key Employees and Officers Compensation Related Other
Mark Gabelman Md (Medical Director) $651,921 $0 $20,095
Sonal Pathak Md (Physician) $260,636 $0 $20,278
John M Davis Md (Chairman Of Surgery) $234,934 $0 $8,840
Barbara Cirignano Md (Physician) $204,189 $0 $26,450
Jigna Patel Md (Physician) $196,762 $0 $0
Anthony J Passannante Jr Md (President Trustee) $0 $824,414 $32,049
Eurice R Rojas (Trustee) $0 $349,807 $27,617
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Document Links

990
Filed on Nov. 14, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,496,881
Expenses
$11,496,881
Net Income
$0
Net Assets
-$17,845,900
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,480,081
99.9%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $16,800
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $4,264,348
37.1%
Assets/Debt
Total Assets $4,709,718
Total Liabilities $22,555,618
Net Assets -$17,845,900
Compensation
Key Employees and Officers Compensation Related Other
Mark Gabelman Md (Physician) $650,540 $0 $21,890
Sonal Pathak Md (Physician) $270,297 $0 $15,158
Jigna Patel Md (Physician) $250,400 $0 $0
Barbara Cirignano Md (Physician) $245,732 $0 $0
Mary Chu Md (Physician) $200,400 $0 $0
Anthony J Passannante Jr Md (President Trustee) $0 $730,896 $18,246
Eurice R Rojas (Trustee) $0 $326,264 $72,864
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Document Links

990
Filed on Nov. 14, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,217,219
Expenses
$11,575,768
Net Income
-$5,358,549
Net Assets
-$17,845,900
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,197,919
99.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $19,300
0.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $5,534,886
47.8%
Assets/Debt
Total Assets $3,200,180
Total Liabilities $21,046,080
Net Assets -$17,845,900
Compensation
Key Employees and Officers Compensation Related Other
Mark Gabelman Md (Physician) $644,631 $0 $31,951
Cecilla Trujillo Carvalho Md (Physician) $252,400 $0 $29,925
Jinga Patel Md (Physician) $250,400 $0 $7,512
Dusan Perisic Md (Physician) $250,400 $0 $15,024
Sonal Pathak Md (Physician) $225,744 $0 $29,588
Anthony J Passannante Jr Md (President Trustee) $0 $673,132 $40,119
Eurice R Rojas (Trustee) $0 $309,732 $55,920
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Document Links

990
Filed on Nov. 13, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,373,428
Expenses
$11,492,669
Net Income
-$6,119,241
Net Assets
-$12,487,351
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,346,228
99.5%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $27,200
0.5%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $5,478,292
47.7%
Assets/Debt
Total Assets $3,470,265
Total Liabilities $15,957,616
Net Assets -$12,487,351
Compensation
Key Employees and Officers Compensation Related Other
Alexander B Glickman Md (Physician) $935,427 $0 $29,914
Mark Gabelman Md (Physician) $502,839 $0 $31,761
Asha Bale Md (Physician) $338,298 $0 $23,274
Artur Gosturani Md (Physician) $262,016 $0 $7,788
Sonal Pathak Md (Physician) $250,670 $0 $36,381
Suresh Raina Md (Trustee President Vp/Cmo) $0 $251,011 $15,505
John Calandriello Cpa (Trustee Vp/Cfo) $0 $892,955 $180,404
Bruce J Markowitz (Trustee President/Ceo) $0 $1,384,826 $87,797
Eurice R Rojas (Trustee Vp, Marketing) $0 $310,402 $50,602
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Document Links

990
Filed on Nov. 14, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,502,670
Expenses
$8,795,255
Net Income
-$4,292,585
Net Assets
-$6,368,110
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,479,670
99.5%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $23,000
0.5%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $4,225,029
48.0%
Assets/Debt
Total Assets $3,161,650
Total Liabilities $9,529,760
Net Assets -$6,368,110

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,624,892
Expenses
$4,625,595
Net Income
-$2,000,703
Net Assets
-$2,075,525
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,624,892
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $3,021,716
65.3%
Assets/Debt
Total Assets $1,975,475
Total Liabilities $4,051,000
Net Assets -$2,075,525

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

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Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated