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 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.

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
Termination DISTRIBUTION
$2,000,000 1 grant
Ambulatory Campus addition
$1,934,461 2 grants
COMMUNITY EMPLOYMENT Students with Disabilities to offer an internship program which enables students with disabilities from New Jersey to learn and develop skills, engage in productive work, and participate fully in their communities.
$15,000 1 grant
Grant paid to fulfill the Organization's mission of improving the quality of life for people with physical disabilities.
$12,000 1 grant

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.

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