Public Charity

CENTRASTATE MEDICAL CENTER INC

CENTRASTATE MEDICAL CENTER INC is a Public Charity headquartered in FREEHOLD, NJ. Financial data from the 2024 filing: $401.4M revenue, $405.0M expenses, $487.4M total assets. 11 publicly reported grants to this organization, totaling roughly $21.0M, appear in IRS filings.

EIN: 221750190 FREEHOLD, NJ General Hospitals NTEE: E22 Latest filing: 2024
Total Revenue$401.4M
Total Expenses$405.0M
Total Assets$487.4M
Grant Records11
Funding Total$21.0M
Filing Years2019–2024

Mission

CENTRASTATE MEDICAL CENTER'S MISSION IS TO ENHANCE THE HEALTH AND WELL-BEING OF OUR COMMUNITIES THROUGH THE COMPASSIONATE DELIVERY OF QUALITY HEALTHCARE. PLEASE REFER TO THE ORGANIZATION'S COMMUNITY BENEFIT STATEMENT INCLUDED IN SCHEDULE O.

Where $100 goes at Centrastate Medical Center Inc

How Centrastate Medical Center Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$88 Programs the work itself
$12 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 $88 for programs

$88
Expenses incurred in providing inpatient, outpatient, emergency and various other medically necessary healthcare services to all individuals in a non-discriminatory manner regardless of race, color, creed, sex, national…
All program spending
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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.

Officers & Directors

TRUSTEE Amit S Kharod Md
TRUSTEE Ashish Awasthi Md Facc
SECRETARY/TREASURER - TRUSTEE Barbara J Mcmorrow
TRUSTEE Brett Taft
TRUSTEE Brian Gragnolati
VP, PATIENT SERVICES Cathleen G Janzekovich

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$17,016,772 5 grants
Education
$15,000 1 grant
Human & Social Services
$12,000 1 grant
Civil Rights & Social Justice
$5,230 1 grant
Unspecified
$3,934,461 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $401.4M $405.0M $487.4M
2023 $384.3M $387.1M $442.5M
2022 $353.8M $379.6M $400.0M
2020 $305.6M $299.6M $428.9M
2019 $314.2M $295.0M $369.4M

Between 2019 and 2024, reported annual revenue grew from $314.2M to $401.4M (+28%), with total assets most recently reported at $487.4M.

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

See the full picture for CENTRASTATE MEDICAL CENTER INC

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