Health Care Institute Of New Jersey Inc

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

EIN: 223442528 ✦ Trenton, NJ ✦ Designated as a 501(c)(6)

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Overview

What is Health Care Institute Of New Jersey Inc?

Health Care Institute of New Jersey Inc is a nonprofit organization dedicated to promoting understanding and support for the research-driven pharmaceutical and medical technology sector in New Jersey. Their primary objective is to raise awareness among key stakeholders, including politicians, journalists, and the public. They accomplish this through conducting research, analyzing data, and disseminating relevant information. By doing so, they aim to foster a positive perception of the industry's contributions to healthcare and advancements in medical technology. The institute operates within New Jersey and serves as a valuable resource for stakeholders involved in the pharmaceutical and medical technology industries.


Official website here: www.hinj.org

Is Health Care Institute Of New Jersey Inc legitimate?

Health Care Institute Of New Jersey Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Health Care Institute Of New Jersey Inc 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: $858,808
Professional Fundraising Fees: $0
Other Salaries and Wages: $47,517

For more financial information, click here


Official website here: www.hinj.org

What is the mission statement of Health Care Institute Of New Jersey Inc?

The Health Care Institute of New Jersey Inc's mission is centered around promoting understanding and public support for the research-based pharmaceutical and medical technology sector. They achieve this by conducting research, analyzing information, and communicating findings related to healthcare products and their production processes. This organization aims to enlighten elected officials, media, citizens, and opinion leaders about the significance of this industry, thereby fostering a supportive environment.


Official website here: www.hinj.org

Who is the CEO of Health Care Institute Of New Jersey Inc?

Dean Paranicas is the President of Health Care Institute Of New Jersey Inc.


Official website here: www.hinj.org

What is the revenue of Health Care Institute Of New Jersey Inc?

Health Care Institute Of New Jersey Inc's revenue in 2022 was $1,438,492.


Official website here: www.hinj.org

Who are the executives of Health Care Institute Of New Jersey Inc and what are their salaries?

The average compensation at Health Care Institute Of New Jersey Inc during 2022 was $226,581. There are 4 employees at Health Care Institute Of New Jersey Inc.


Here are 12 key members and their salaries:


Dean Paranicas (President)
  • Compensation: $497,530
  • Related: $0
  • Other: $11,620
Steven Issenman (Sr Vice President)
  • Compensation: $188,404
  • Related: $0
  • Other: $9,624
Haskell Berman (Sr Vice President)
  • Compensation: $172,874
  • Related: $0
  • Other: $9,124
Chris Lepore (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Woody (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Leitgeb (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Barbieri (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tricia Brooks (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Naten (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Candie Finnegan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terri Lee (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Cox (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hinj.org

Where can I find the form 990 for Health Care Institute Of New Jersey Inc?

Health Care Institute Of New Jersey Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hinj.org

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

Mission Statement of Health Care Institute Of New Jersey Inc

Health Care Institute of New Jersey, Inc., a nonprofit organization, is dedicated to fostering awareness, comprehension, and public backing for the research-driven pharmaceutical and medical technology industry. It pursues this mission by conducting research, analyze, communicating, and publishing information pertaining to the manufacturing and marketing of healthcare products within the New Jersey pharmaceutical and medical technology sector. The institute's primary objective is to influence key decision-makers, media, citizens, and opinion leaders, ultimately promoting understanding and support for this industry.

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Impact




October, 2024

The Health Care Institute Of New Jersey Inc plays a vital role in shaping the landscape of the pharmaceutical and medical technology industries within the state. By focusing on raising awareness and understanding, the organization fosters public support among key stakeholders, including elected officials, media, citizens, and opinion leaders.

Through its research, analysis, and communication efforts, the institute provides essential information about healthcare products and their manufacturing and marketing processes. This empowerment of knowledge not only informs policy decisions but also enhances the dialogue around healthcare innovation and safety.

Additionally, the institute contributes to community improvement by advocating for the importance of the research-based biopharmaceutical sector, recognizing its significant impact on local economies, public health, and the overall welfare of New Jersey residents. Through building connections and promoting informed discussions, the Health Care Institute Of New Jersey Inc helps to ensure that the state's healthcare industries can thrive in an evolving landscape.




This information is meant to be a general summary of Health Care Institute Of New Jersey Inc. 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
$1,438,492 (2022)
Expenses
$1,236,251 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $57,135
  • Gross Receipts: $1,438,492

Assets and Liabilities:

  • Total Assets: $2,288,195
  • Total Liabilities: $821,464
  • Net Assets: $1,466,731

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Organization Details

Founding Year

1996

Principal Officer

Dean Paranicas

Main Address

222 WEST STATE STREET, TRENTON, NJ, 08608

NTEE Category

Code: S41 - Community improvement

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