SALEM COUNTY HOSPITAL CORPClosed
Closed
Income Statement
Fiscal Year Start:
Jan 1
Closed
This organization closed in 2023. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.
Revenues in 2023
$30,791,351
Program Services
82%
Other
13%
Government Grants
4%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Expenses in 2023
$44,532,296
Salaries & Benefits
38%
Fees to Service Providers
23%
Other
19%
Offices, Occupancy & IT
9%
Depreciation
6%
Interest
5%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2022
2023
Change
Contributions
$340
$0
-100%
Government Grants
$4,546,325
$1,356,642
-70%
Fundraising Events
$0
$0
-
Program Services
$42,070,924
$25,301,353
-40%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$16,111,043
$4,133,356
-74%
Total Revenues
$62,728,632
$30,791,351
-51%
Expenses
2022
2023
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$22,389,022
$17,097,622
-24%
Fees to Service Providers
$14,205,538
$10,070,141
-29%
Advertising & Promotion
$57,584
$4,103
-93%
Offices, Occupancy & IT
$7,846,972
$4,191,314
-47%
Interest
$557,273
$2,088,516
+275%
Depreciation
$6,328,001
$2,550,832
-60%
Other
$59,759
$8,529,768
+14174%
Total Expenses
$51,444,149
$44,532,296
-13%
Net income
2022
2023
Change
Net income
+$11,284,483
-$13,740,945
-222%
Functional Expenses
Summary
2022
2023
Change
Program
$46,299,736
$40,079,068
-13%
Admin
$5,144,413
$4,453,228
-13%
Fundraising
$0
$0
-
Total Expenses
$51,444,149
$44,532,296
-13%
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