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Meridian Medical Group-Specialty Carepc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 141981647 ✦ Edison, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Meridian Medical Group-Specialty Carepc?

Meridian Medical Group-Specialty Carepc is a nonprofit corporation dedicated to advancing the charitable and healthcare missions of Hackensack Meridian Health, Inc. and its tax-exempt affiliates. By working in collaboration with these organizations, Meridian Medical Group-Specialty Carepc aims to contribute to the betterment of healthcare for the community.


Official website here: www.hackensackmeridianhealth.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Meridian Medical Group-Specialty Carepc has received an 81% score from Charity Navigator, which translates to a Three-Star rating. This rating reflects a strong focus on accountability and finance, indicating that the organization adheres to high standards in financial governance and transparency. Its Accountability & Finance score is derived from a comprehensive evaluation of several key indicators, all of which are crucial for assessing the organization's operational integrity.

The nonprofit has demonstrated commendable performance in several areas, including a perfect score in its financial statements and oversight, as well as robust policies regarding conflicts of interest and whistleblower protections. Notably, the program expense ratio of 96.03% suggests that a significant portion of its funds is allocated directly to its programs, emphasizing its commitment to serving its mission effectively.

While the organization appears to be in good financial health, stakeholders may want to consider the overall context of its operations, as the single beacon score means that other aspects of its performance were not evaluated. Nonetheless, the absence of material diversions of assets and a healthy liabilities to assets ratio further support its positive standing in the nonprofit sector.


This AI summary has been generated from information found on Charity Navigator.

Is Meridian Medical Group-Specialty Carepc legitimate?

Meridian Medical Group-Specialty Carepc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Meridian Medical Group-Specialty Carepc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $91,214,388

For more financial information, click here


Official website here: www.hackensackmeridianhealth.org

What is the mission statement of Meridian Medical Group-Specialty Carepc?

Meridian Medical Group-Specialty Carepc is dedicated to advancing the charitable and healthcare objectives of Hackensack Meridian Health and its tax-exempt affiliates. The corporation's primary focus is on contributing to the noble causes of these organizations, aligning with their mission to improve health and wellbeing for the community. By furthering the charitable and healthcare initiatives, Meridian Medical Group-Specialty Carepc plays a crucial role in making a difference in people's lives.


Official website here: www.hackensackmeridianhealth.org

Who is the CEO of Meridian Medical Group-Specialty Carepc?

Joseph Reichman Md is the President & Treasurer of Meridian Medical Group-Specialty Carepc.


Official website here: www.hackensackmeridianhealth.org

What is the revenue of Meridian Medical Group-Specialty Carepc?

Meridian Medical Group-Specialty Carepc's revenue in 2022 was $149,044,253.


Official website here: www.hackensackmeridianhealth.org

Who are the executives of Meridian Medical Group-Specialty Carepc and what are their salaries?

The average compensation at Meridian Medical Group-Specialty Carepc during 2022 was $332,899. There are 274 employees at Meridian Medical Group-Specialty Carepc.


Here are 7 key members and their salaries:


Simon Salerno Md (Physician)
  • Compensation: $1,989,483
  • Related: $0
  • Other: $52,049
Shabbar Danish (Physician)
  • Compensation: $1,361,358
  • Related: $0
  • Other: $46,538
Thomas Bauer (Physician)
  • Compensation: $1,144,062
  • Related: $0
  • Other: $51,632
James Clarke Md (Vice President & Secretary)
  • Compensation: $0
  • Related: $1,095,555
  • Other: $42,649
Jatin Desani (Physician)
  • Compensation: $1,022,386
  • Related: $0
  • Other: $48,429
Aasim Kazmi (Physician)
  • Compensation: $1,003,192
  • Related: $0
  • Other: $51,508
Joseph Reichman Md (President & Treasurer)
  • Compensation: $0
  • Related: $279,105
  • Other: $3,382


Official website here: www.hackensackmeridianhealth.org

Where can I find the form 990 for Meridian Medical Group-Specialty Carepc?

Meridian Medical Group-Specialty Carepc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hackensackmeridianhealth.org

Learn more at the official website: www.hackensackmeridianhealth.org

Mission Statement of Meridian Medical Group-Specialty Carepc

Meridian Medical Group-Specialty Carepc is a corporation dedicated to advancing the charitable and healthcare objectives of Hackensack Meridian Health, Inc. and its Internal Revenue Code 501(c)(3) tax-exempt affiliates. The corporation's mission is to contribute to the noble causes of Hackensack Meridian Health, a renowned organization known for its charitable and healthcare pursuits. By doing so, Meridian Medical Group-Specialty Carepc plays a crucial role in supporting these initiatives and enhancing their positive impact on the community. The corporation's actions are aligned with the mission of Hackensack Meridian Health, which is to provide exceptional patient care, research, and education. With this shared commitment to improving health and wellbeing, Meridian Medical Group-Specialty Carepc is an essential partner in the broader mission of Hackensack Meridian Health and its tax-exempt affiliates. Together, they strive to make a difference in the lives of individuals and families, ensuring that they have access to the best possible healthcare services and resources.

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Impact




October, 2024

Meridian Medical Group-Specialty Carepc plays a vital role in enhancing healthcare access and quality for the community in Edison, NJ. By furthering the charitable objectives of Hackensack Meridian Health, the organization significantly contributes to the healthcare landscape, ensuring that patients receive specialized medical services essential for their wellbeing.

The group's initiatives focus on patient-centered care, emphasizing the importance of collaborative healthcare delivery that meets diverse needs. This commitment not only aids in the improvement of health outcomes but also fosters a supportive environment that encourages patient engagement and education.

Through its operations, Meridian Medical Group-Specialty Carepc helps to address gaps in healthcare services, ensuring that individuals—particularly those from underserved populations—have access to critical specialty care. This impact is crucial in promoting overall community health, reducing disparities, and supporting the mission of advancing healthcare excellence.




This information is meant to be a general summary of Meridian Medical Group-Specialty Carepc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$149,044,253 (2022)
Expenses
$149,044,253 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $38,029
  • Program Service Revenue: $100,752,517
  • Gross Receipts: $149,044,253

Assets and Liabilities:

  • Total Assets: $72,476,439
  • Total Liabilities: $6,958,260
  • Net Assets: $65,518,179

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

NET PATIENT SERVICE REVENUE

Revenue

$100,752,517

Organization Details

Founding Year

2006

Principal Officer

Joseph Reichman Md

Main Address

C/O TAX DEPT 399 THORNALL STREET 2N, EDISON, NJ, 08837

NTEE Category

Code: E22 - Health

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