Public Charity

PALISADES MEDICAL ASSOCIATES LLC

Based in EDISON, NJ, PALISADES MEDICAL ASSOCIATES LLC operates as a Public Charity. The organization reported $29.8M in total assets for fiscal year 2024. Imperigo tracks 6 reported grant relationships connected to this organization totaling approximately $37.1M.

EIN: 223814193 EDISON, NJ Group Health Practices NTEE: E31 Latest filing: 2024
Total Assets$29.8M
Grant Records6
Funding Total$37.1M
Filing Years2019–2024

Mission

THE COMPANY IS OPERATED EXCLUSIVELY FOR THE SOLE PURPOSE OF SUPPORTING AND FURTHERING THE CHARITBLE PURPOSE OF PROVIDING MEDICAL SERVICES TO THE PATIENTS OF HMH HOSPTIALS CORPORATION.

Where $100 goes at Palisades Medical Associates LLC

How Palisades Medical Associates LLC divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$98 Programs the work itself
$2 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 $98 for programs

$98
Providing medically necessary healthcare services directly to patients through the physicians employed by the corporation
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

Chief Physician Executive Daniel Varga

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$10,000 1 grant
Unspecified
$37,139,765 5 grants

Financial Trends

Year Revenue Expenses Assets
2024 — — $29.8M
2023 $22 — $29.8M
2022 $20.1M $20.1M $40.4M
2020 $15.5M $15.5M $3.1M
2019 $19.8M $19.8M $2.2M

Between 2019 and 2023, reported annual revenue declined from $19.8M to $22 (-100%), with total assets most recently reported at $29.8M.

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

See the full picture for PALISADES MEDICAL ASSOCIATES LLC

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