Public Charity

Hackensack Meridian Health Inc-Subordinates

Based in EDISON, NJ, Hackensack Meridian Health Inc-Subordinates operates as a Public Charity. The organization reported $8.8B in revenue, $8.3B in expenses, $7.6B in total assets for fiscal year 2024. Imperigo tracks 9 reported grant relationships connected to this organization totaling approximately $2.5M.

EIN: 010649794 EDISON, NJ Community Health Systems NTEE: E21 Latest filing: 2024
Total Revenue$8.8B
Total Expenses$8.3B
Total Assets$7.6B
Grant Records9
Funding Total$2.5M
Filing Years2019–2024

Mission

THE ORGANIZATIONS ARE COMMITTED TO PROVIDING THE FULL SPECTRUM OF LIFE-ENHANCING CARE AND SERVICES TO CREATE AND SUSTAIN HEALTHY, VIBRANT COMMUNITIES. PLEASE REFER TO SCHEDULE H, PART VI, QUESTION 5 FOR THE ORGANIZATION'S COMMUNITY BENEFIT STATEMENT.

Where $100 goes at Hackensack Meridian Health Inc-Subordinates

How Hackensack Meridian Health Inc-Subordinates divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$84 Programs the work itself
$16 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $84 for programs

$54
Providing various other medically necessary healthcare services, such as emergency department, obstetrics & newborns, chemotherapy, oncology, behavioral health, etc., To all individuals in a non-discriminatory manner regardless of…
64% of program spending · Reported in the filing: 4,787,610,625 grants
$14
Acute care
16% of program spending · Reported in the filing: 160,998 cases
$11
Pharmaceuticals
14% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
Grants to support researchers early stage innovative ideas.
$997,198
2024
Research Subrecipient
$36,959
2023
Grants to support researchers early stage innovative ideas.
$808,540
2023
Grants to support researchers early stage innovative ideas.
$15,000
2023
To provide scholarships to medical students at school to offset tuition.
$15,000

Showing up to 5 of 9 total records — full history available with membership.

Officers & Directors

Trustee Adithya Bathena
Trustee/Physician MPI Adrian M Pristas Md
Trustee (Termed 3/27/2024) Adrienne Alquiros
Trustee/Medical Director PMA (Termed 11/1/2024) Aida Capo Md
Trustee (Termed 7/24/2024) A Joyce Busch
Trustee/Vice Chairperson Alexander Duran

Officer compensation and complete director data available with membership.

Top Grant Purposes

Research & Policy
$2,451,213 7 grants
Education
$15,000 1 grant
General Support
$9,267 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $8.8B $8.3B $7.6B
2023 $7.5B $7.1B $7.1B
2022 $6.7B $6.6B $6.6B
2020 $5.9B $5.8B $7.7B
2019 $5.6B $5.2B $6.9B

Between 2019 and 2024, reported annual revenue grew from $5.6B to $8.8B (+59%), with total assets most recently reported at $7.6B.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for Hackensack Meridian Health Inc-Subordinates

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