Logo for "HMH HOSPITALS CORPORATION"

HMH HOSPITALS CORPORATION

HMH HOSPITALS CORPORATION

NEPTUNE, NJ, US
a.k.a Hackensack Meridian Health
501(c)(3)
EIN
22-1487576
Subordinate Organization
Logo for "HMH HOSPITALS CORPORATION"

HMH HOSPITALS CORPORATION

NEPTUNE, NJ, US
a.k.a Hackensack Meridian Health
501(c)(3)
EIN
22-1487576
Subordinate Organization

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2017

$1,677,250,220

Program Services
97%
Other
2%
Investments
1%
Government Grants
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2017

$1,526,177,851

Salaries & Benefits
46%
Other
33%
Grants
7%
Depreciation
5%
Fees to Service Providers
4%
Offices, Occupancy & IT
3%
Interest
2%
Advertising & Promotion
1%
Benefits to Members
0%
Revenues
2016
2017
Change
Contributions
$160,646
$2,878,713
+1692%
Government Grants
$3,750,374
$5,313,016
+42%
Fundraising Events
$0
$0
-
Program Services
$1,387,319,704
$1,620,304,698
+17%
Membership Dues
$0
$0
-
Investments
$13,954,752
$19,884,404
+42%
Other
$22,303,504
$28,869,389
+29%
Total Revenues
$1,427,488,980
$1,677,250,220
+17%
Expenses
2016
2017
Change
Grants
$551,950
$104,707,696
+18871%
Benefits to Members
$0
$0
-
Salaries & Benefits
$653,691,308
$701,763,790
+7%
Fees to Service Providers
$42,680,437
$62,416,739
+46%
Advertising & Promotion
$14,802,873
$15,371,136
+4%
Offices, Occupancy & IT
$75,455,857
$43,540,392
-42%
Interest
$26,557,826
$25,959,472
-2%
Depreciation
$65,963,105
$74,898,599
+14%
Other
$449,402,243
$497,520,027
+11%
Total Expenses
$1,329,105,599
$1,526,177,851
+15%
Net income
2016
2017
Change
Net income
+$98,383,381
+$151,072,369
+54%
Functional Expenses
Summary
2016
2017
Change
Program
$1,069,438,172
$1,207,548,693
+13%
Admin
$259,667,427
$318,629,158
+23%
Fundraising
$0
$0
-
Total Expenses
$1,329,105,599
$1,526,177,851
+15%
Income Statement
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