Overview
What is Hackensack Meridian Health Inc?
Hackensack Meridian Health Inc, located in Edison, New Jersey, is a dedicated nonprofit organization focused on enhancing health outcomes and fostering healthy communities. They aim to reduce healthcare costs and improve patient experience by integrating a comprehensive network of healthcare providers. Committed to the full spectrum of life-enhancing care and services, the organization strives to create and sustain vibrant communities.
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)
Hackensack Meridian Health Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization scored particularly well in areas such as having a majority of independent board members and a robust program expense ratio of 99.34%, signifying that almost all of its expenditures are directed towards its programs rather than administrative costs.
Additionally, Hackensack Meridian Health Inc demonstrates strong governance practices by maintaining an independent board size of 22 members and implementing key oversight policies, including conflict of interest and whistleblower policies. These factors contribute to a transparent operational framework, which is critical for donor trust and organizational integrity.
While the organization has performed well in various metrics, the overall rating suggests there may be room for improvement in certain areas that could enhance its performance further. Nonetheless, the high scores across accountability measures indicate a commitment to responsible financial management and ethical governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Hackensack Meridian Health Inc legitimate?
Hackensack Meridian Health Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hackensack Meridian Health 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,646,667
For more financial information, click here
Official website here: www.hackensackmeridianhealth.org
What is the mission statement of Hackensack Meridian Health Inc?
Hackensack Meridian Health Inc is dedicated to delivering a comprehensive range of life-enhancing care and services to foster healthy and vibrant communities. Their mission is geared towards improving health outcomes, reducing healthcare costs, and enhancing patient experience by promoting a clinically integrated network of healthcare providers. The organization strives to provide the full spectrum of care, from prevention to treatment and beyond, aiming to create sustainable and thriving communities. Through their collaborative efforts, Hackensack Meridian Health Inc continues to make a positive impact on the health and wellbeing of the individuals they serve.
Official website here: www.hackensackmeridianhealth.org
Who is the CEO of Hackensack Meridian Health Inc?
Robert C Garrett is the Ceo/Trustee of Hackensack Meridian Health Inc. The CEO's salary of Hackensack Meridian Health Inc is $0 and their total compensation is $5,984,779.
Official website here: www.hackensackmeridianhealth.org
What is the revenue of Hackensack Meridian Health Inc?
Hackensack Meridian Health Inc's revenue in 2022 was $89,245,237.
Official website here: www.hackensackmeridianhealth.org
Who are the executives of Hackensack Meridian Health Inc and what are their salaries?
Here are 34 key members and their salaries (Hackensack Meridian Health Inc's CEO's salary is $0 and their total compensation is $5,984,779):
- Compensation: $0
- Related: $5,674,424
- Other: $310,355
- Compensation: $0
- Related: $2,911,332
- Other: $46,259
- Compensation: $0
- Related: $2,612,548
- Other: $53,133
- Compensation: $0
- Related: $2,542,021
- Other: $57,878
- Compensation: $0
- Related: $1,839,085
- Other: $464,413
- Compensation: $0
- Related: $2,079,383
- Other: $68,263
- Compensation: $0
- Related: $1,696,930
- Other: $56,498
- Compensation: $0
- Related: $1,543,893
- Other: $49,744
- Compensation: $0
- Related: $1,378,475
- Other: $57,169
- Compensation: $0
- Related: $1,330,753
- Other: $46,125
- Compensation: $0
- Related: $1,125,085
- Other: $44,207
- Compensation: $0
- Related: $676,226
- Other: $18,076
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Official website here: www.hackensackmeridianhealth.org
Where can I find the form 990 for Hackensack Meridian Health Inc?
Hackensack Meridian Health Inc'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 Hackensack Meridian Health Inc
Hackensack Meridian Health Inc is a dedicated organization that prioritizes the provision of comprehensive care and services to foster healthy and vibrant communities. With a strong commitment to enhancing overall wellbeing, the organization strives to improve health outcomes, decrease healthcare costs, and elevate the patient experience.
The healthcare network at Hackensack Meridian Health Inc focuses on clinically integrated healthcare providers, aiming to deliver coordinated and effective care. This integrated approach ensures that patients receive holistic care, addressing various aspects of their health and overall wellbeing. By fostering collaboration among healthcare professionals, the organization aims to create a more efficient and effective healthcare system.
In summary, Hackensack Meridian Health Inc is a mission-driven organization dedicated to providing the full spectrum of life-enhancing care and services. By promoting a clinically integrated network of healthcare providers, the organization works to improve health outcomes, reduce healthcare costs, and enhance the patient experience. This commitment to comprehensive care is designed to create and sustain healthy, vibrant communities.
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Impact
October, 2024
Hackensack Meridian Health Inc plays a significant role in enhancing the quality of life within its communities by offering a comprehensive array of healthcare services. Its commitment to providing life-enhancing care fosters healthier, vibrant communities. Through its clinically integrated network, the organization focuses on improving health outcomes, which directly contributes to better public health. By prioritizing the reduction of healthcare costs and enhancing patient experiences, Hackensack Meridian Health Inc ensures that individuals receive efficient and high-quality care. This strategic approach not only addresses immediate health needs but also promotes long-term wellness and sustainability in health practices across the region.
This information is meant to be a general summary of Hackensack Meridian Health 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $9,494,104
- Program Service Revenue: $32,847,303
- Gross Receipts: $3,192,986,386
Assets and Liabilities:
- Total Assets: $3,476,715,183
- Total Liabilities: $3,815,199,470
- Net Assets: -$338,484,287
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ACCOUNTABLE CARE ORGANIZATION REVENUE
Revenue
$30,556,208
OTHER HEALTH CARE RELATED REVENUE
Revenue
$2,291,095
Organization Details
Founding Year
1997
Phone
(908) 675-6572Principal Officer
Robert C Garrett
Main Address
C/O TAX DEPT 399 THORNALL ST 2ND FL, EDISON, NJ, 08837
NTEE Category
Code: E210 - Health
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