Centrastate Holding Company Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE ORGANIZATION HOLDS A FORTY-NINE PERCENT (49%) INTEREST IN CENTRASTATE HEALTHCARE SYSTEM, INC., A NEW JERSEY NONPROFIT CORPORATION, RECOGNIZED BY THE IRS AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 AS AMENDED ("THE CODE"). THIS ENTITY CONTROLS VARIOUS AFFILIATES DEDICATED TO PROVIDING MEDICAL AND HEALTHCARE SERVICES TO ALL RESIDENTS OF FREEHOLD, NEW JERSEY WITHOUT REGARD TO ABILITY TO PAY, INCLUDING CENTRASTATE MEDICAL CENTER, AN ACUTE CARE MEDICAL CENTER LOCATED IN FREEHOLD, NEW JERSEY AND RECOGNIZED BY THE IRS AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE CODE AS WELL AS OTHER NONPROFIT AND FOR-PROFIT ENTITIES. THE REMAINING FIFTY-ONE PERCENT (51%) INTEREST IS OWNED BY ATLANTIC HEALTH SYSTEM, INC., A NEW JERSEY NONPROFIT CORPORATION, RECOGNIZED BY THE IRS AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE CODE. THE TAXPAYER NOMINATES THE CLASS C BOARD OF TRUSTEES FOR CENTRASTATE HEALTHCARE SYSTEM, INC. AND EVALUATES COMPL
- Income
- $0
- Spending
- $0
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- The organization holds a forty-nine percent (49%) interest in CentraState Healthcare System, Inc., a New Jersey nonprofit corporation, recognized by the IRS as an organization described in Section 501(c)(3) of the Internal Revenue Code of 1986 as amended ("the Code"). This entity controls various affiliates dedicated to providing medical and healthcare services to all residents of Freehold, New Jersey without regard to ability to pay, including CentraState Medical Center, an acute care medical center located in Freehold, New Jersey and recognized by the IRS as an organization described in Section 501(c)(3) of the Code as well as other nonprofit and for-profit entities. The remaining fifty-one percent (51%) interest is owned by Atlantic Health System, Inc., a New Jersey nonprofit corporation, recognized by the IRS as an organization described in Section 501(c)(3) of the Code. The Taxpayer nominates the Class C Board of Trustees for CentraState Healthcare System, Inc. and evaluates compl
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on May 15, 2023 for not filing returns for three years. The IRS now lists it as tax-exempt again.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since November 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.