Nonprofit hospitals in New Jersey paying CEOs millions per year

‘When you hear the term “nonprofit hospital” what comes to mind? Are there really hospitals out there operating as charities, putting patients before profit? If these charitable hospitals are receiving tax exempt status from the IRS, why would they be paying their CEOs millions of dollars each year?
That’s right, there are numerous “nonprofit hospitals” that appear to be wonderful charities, but are not living up to their nonprofit name. Upon further investigation, it becomes apparent that the state of New Jersey contains a myriad of “fake” nonprofit hospitals. According to IRS tax filings, these not-for-profit hospitals are actually paying CEOs millions of dollars per year. These so-called charities are nothing but a facade; they’re really just factories churning out millions for their CEOs.’
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