HACKENSACK MERIDIAN HEALTH INC-SUBORDINATES

HACKENSACK MERIDIAN HEALTH INC-SUBORDINATES

Edison, NJ, US
•
501(c)3
•
EIN
01-0649794
•
WWW.HACKENSACKMERIDIANHEALTH.ORG
•
School
Hospital
Regional Funder
•
Subordinate Organization

HACKENSACK MERIDIAN HEALTH INC-SUBORDINATES

Edison, NJ, US
•
501(c)3
•
EIN
01-0649794
•
WWW.HACKENSACKMERIDIANHEALTH.ORG
•
School
Hospital
Regional Funder
•
Subordinate Organization
Overview
Programs
990s
Income Statement
Balance Sheet
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Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$7,606,228,788

Property, Plant, & Equipment (net)
50%
Receivables (Non-Related)
15%
Other Assets
11%
Cash & Equivalents
10%
Investments
10%
Inventories
3%
Prepaid Expenses
1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)

$1,692,330,815

Payables & Accruals
55%
Notes Payable / Debt (Non-Related)
27%
Other Liabilities
11%
Deferred Revenue
6%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$850,820,115
$773,186,636
-9%
Receivables (Non-Related)
$1,012,742,272
$1,115,858,823
+10%
Related-Party Receivables
$0
$0
-
Inventories
$182,813,186
$217,637,561
+19%
Prepaid Expenses
$82,395,361
$90,165,682
+9%
Investments
$632,585,613
$750,331,231
+19%
Property, Plant, & Equipment (net)
$3,731,887,015
$3,813,534,291
+2%
Other Assets
$639,282,120
$845,514,564
+32%
Total Assets
$7,132,525,682
$7,606,228,788
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$868,358,580
$938,622,111
+8%
Grants Payable
-
-
-
Deferred Revenue
$125,300,860
$105,955,792
-15%
Tax-Exempt Bond Liabilities
$1,729,927
$0
-100%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$463,920,931
$456,763,626
-2%
Related-Party Payables
$0
$0
-
Other Liabilities
$162,043,860
$190,989,286
+18%
Total Liabilities
$1,621,354,158
$1,692,330,815
+4%
Net assets
2023
2024
Change
Restricted Net Assets
$710,166,317
$847,949,518
+19%
Unrestricted Net Assets
$4,801,005,207
$5,065,948,455
+6%
Net assets
2023
2024
Change
Net assets
+$5,511,171,524
+$5,913,897,973
+7%
Balance Sheet
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