Hackensack Meridian Health Inc

Organization Overview

Hackensack Meridian Health Inc is located in Neptune, NJ. The organization was established in 1996. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Hackensack Meridian Health Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2017, Hackensack Meridian Health Inc generated $6.3m in total revenue. All expenses for the organization totaled $6.9m during the year ending 12/2017. While expenses have increased by 44.9% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2017

Describe the Organization's Mission:

Part 3 - Line 1

MUHLENBERG REGIONAL MEDICAL CENTER IS COMMITTED TO EXCELLENCE IN PROVIDING QUALITY AND COMPASSIONATE HEALTHCARE SERVICES TO DIVERSE COMMUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MUHLENBERG REGIONAL MEDICAL CENTER OPERATES ITS HOME CARE PROGRAM THROUGH A JOINT VENTURE, JFK MERIDIAN HOME CARE SERVICES, LLC.


MUHLENBERG REGIONAL MEDICAL CENTER RENTS SPACE TO COMMUNITY HOSPITAL GROUP, INC., A RELATED INTERNAL REVENUE CODE SECTION 501(C)(3) TAX-EXEMPT HOSPITAL, TO RUN A SATELLITE EMERGENCY DEPARTMENT.


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Board, Officers & Key Employees

Name (title)Compensation
Mari Bonini
Trustee - Secretary/treasurer
$0
Charles K Anastasiou
Trustee
$0
Douglas A Nordstrom
Trustee
$0
Raymond F Fredericks
Trustee; Ex-Officio
$0
Michael A Kleiman DMD
Trustee; Ex-Officio
$0
Peter A Pogany
Trustee - Chair (term 12/17)
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Cleaning And Consulting Services I
Cleaning Services
$292,790
Cole Schotlz Miesel Forman Leon
Professional Service
$108,361
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$37,660
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$37,660
Total Program Service Revenue$5,811,692
Investment income $79,700
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $393,815
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,327,156

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