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
How to Apply
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Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$8,846,442,863

Program Services
92%
Other
5%
Government Grants
2%
Contributions
1%
Investments
<1%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024

$8,311,698,467

Salaries & Benefits
46%
Other
36%
Grants
6%
Offices, Occupancy & IT
4%
Depreciation
4%
Fees to Service Providers
3%
Interest
1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$97,269,282
$94,418,531
-3%
Government Grants
$131,701,953
$140,134,447
+6%
Fundraising Events
$6,136,315
$6,772,891
+10%
Program Services
$6,850,773,397
$8,109,137,448
+18%
Membership Dues
$0
$0
-
Investments
$37,220,502
$88,120,359
+137%
Other
$343,741,493
$407,859,187
+19%
Total Revenues
$7,466,842,942
$8,846,442,863
+18%
Expenses
2023
2024
Change
Grants
$406,304,521
$481,138,506
+18%
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,549,695,720
$3,811,081,591
+7%
Fees to Service Providers
$238,615,305
$266,642,060
+12%
Advertising & Promotion
$39,481,311
$33,252,122
-16%
Offices, Occupancy & IT
$210,572,872
$331,388,536
+57%
Interest
$103,795,587
$96,069,055
-7%
Depreciation
$284,645,068
$294,223,906
+3%
Other
$2,310,550,864
$2,997,902,691
+30%
Total Expenses
$7,143,661,248
$8,311,698,467
+16%
Net income
2023
2024
Change
Net income
+$323,181,694
+$534,744,396
+65%
Functional Expenses
Summary
2023
2024
Change
Program
$6,403,744,004
$7,463,275,617
+17%
Admin
$717,886,331
$824,575,698
+15%
Fundraising
$22,030,913
$23,847,152
+8%
Total Expenses
$7,143,661,248
$8,311,698,467
+16%
Income Statement
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