NonprofitsHackensack Meridian Health Inc

Health Care

Hackensack Meridian Health Inc

EDISON, NJ

Total revenue

$8.8B

Total expenses

$8.3B

Net assets

$5.9B

Grants received

$2.5M

9 grants

EIN

010649794

Tax year

2024

Mission

The organizations are committed to providing the full spectrum of life-enhancing care and services to create and sustain healthy, vibrant communities.

Programs

3 programs

Pharmaceuticals: expenses incurred in providing medically necessary pharmaceutical services and pharmaceuticals, including chemotherapy drugs, to all individuals regardless of race, color, creed, sex, national origin or ability to pay.

Expenses: $1.0BGrants: $64.6M

Operating room: expenses incurred in providing medically necessary operating room services, including plastic surgery, trauma, pediatric and ambulatory surgery, to all individuals regardless of race, color, creed, sex, national origin or ability to pay. During 2024, the organization registered 113,195 surgical operations.

Expenses: $467.4MGrants: $30.1M

Providing various other medically necessary healthcare services, such as emergency department, obstetrics & newborns, chemotherapy, oncology, behavioral health, etc., to all individuals in a non-discriminatory manner regardless of race, color, creed, sex, national origin or ability to pay.

Expenses: $4.8BGrants: $308.6M

Financials

FY 2024

Revenue

Contributions & grants$241.3M
Program service revenue$8.1B
Investment income$88.2M
Other revenue$407.8M
Total revenue$8.8B

Expenses

Grants paid$481.1M
Salaries & benefits$3.8B
Fundraising$23.8M
Other expenses$4.0B
Total expenses$8.3B
Total assets$7.6B
Net assets$5.9B

People

50 listed

NameRoleCompensation

Robert C Garrett

CEO/Trustee

Board

$10.8M

57 hrs/wk

Mark Stauder

Trustee/Chairperson/COO

Board

$5.3M

52 hrs/wk

Robert L Glenning

Pres, Fin & IT Svcs Div, CFO/Trustee, Secretary/Treasurer

Board

$4.5M

52 hrs/wk

Mark D Sparta MD

Trustee/Pres, N Reg & Pres, CHE, HUMC

Board

$2.5M

55 hrs/wk

Linda McHugh

Trustee/Vice Chair, EVP Chief Experience Officer

Board

$2.2M

52 hrs/wk

Joyce Hendricks

Trustee/Chief Development Officer

Board

$1.9M

52 hrs/wk

Timothy J Hogan

Trustee/EVP, CTS & Pres, CHE, RMC

Board

$1.7M

55 hrs/wk

David Perlin

Trustee/EVP, Chief Scientific Officer

Board

$1.4M

55 hrs/wk

Vito Buccellato

Trustee/Pres, Chief Hosp Exec, JSUMC

Board

$1.2M

55 hrs/wk

Amie Thornton

Trustee/Chief Hosp Exec, JFK

Board

$992K

55 hrs/wk

Kenneth Esser

Trustee/EVP, CTS, Behavioral Health

Board

$882K

55 hrs/wk

David Kountz

Trustee/VP, Academic Diversity & CAO

Board

$817K

55 hrs/wk

Frank Citara

Trustee/ Pres, Chief Hosp Exec, OUMC

Board

$803K

55 hrs/wk

Lisa Iachetti

Trustee/Pres, Chief Hosp Exec, PMC

Board

$715K

55 hrs/wk

Patricia Carroll

Trustee/Pres, Chief Hosp Exec, OBMC/RBMC

Board

$698K

55 hrs/wk

Michele Morrison

Trustee/Pres, Chief Hosp Exec, JFK

Board

$635K

55 hrs/wk

Richard M Neibart MD

Trustee/Med Dir, Service Line

Board

$578K

32 hrs/wk

Caitlin Miller

Trustee/Pres, Chief Hosp Exec, BMC

Board

$507K

55 hrs/wk

Mark D Schlesinger MD

Trustee/Chair, Anesthesiology

Board

$355K

55 hrs/wk

Steven Lisser MD

Trustee/Assoc Med Dir, CTS Orthopedics (Termed 11/26/2024)

Board

$150K

3 hrs/wk

Hans Schmidt

Trustee/Chief, Bariatric/Min Inv Surg

Board

$120K

10 hrs/wk

Walter Wynkoop MD

Trustee/Intl Med Residency Prgm Dir

Board

$99K

13 hrs/wk

Rajiv Prasad MD

Trustee

Board

$65K

6 hrs/wk

Michael Allen

CFO-Elect (Start 12/9/24), CFO (Start 1/6/25)

Board

$62K

52 hrs/wk

Lawrence R Inserra Jr

Trustee/Chairperson

Board

9 hrs/wk

Laura Bianchini

Trustee/Chairperson

Board

6 hrs/wk

Frank J Vuono

Trustee/Vice Chairperson

Board

9 hrs/wk

Joseph Yewaisis

Trustee/Chairperson

Board

6 hrs/wk

Patrick Young

Pres, Population Health

Staff

$3.7M

52 hrs/wk

Daniel Varga MD

Pres, Chief Physician Executive

Staff

$3.1M

52 hrs/wk

Ihor Sawczuk MD

Pres, Academics, Rsch, & Innov

Staff

$3.1M

52 hrs/wk

Audrey C Murphy ESQ

EVP, Co-Chief Legal Officer

Staff

$2.9M

52 hrs/wk

Ann B Gavzy Esq

EVP, Co-Chief Legal Officer

Staff

$2.5M

52 hrs/wk

James Blazar

EVP, Chief Strategy Officer

Staff

$2.4M

52 hrs/wk

Kenneth N Sable MD

Pres, South Reg

Staff

$2.3M

52 hrs/wk

Kash Patel

EVP, Chief Digital and Info Officer (Termed 9/30/2024)

Staff

$1.9M

52 hrs/wk

Jeffrey Boscamp

Pres & Dean, School of Medicine

Staff

$1.8M

52 hrs/wk

Anne Goodwill-Pritchett

EVP, Revenue Operations (Termed 3/9/2024)

Staff

$1.8M

52 hrs/wk

Todd Way

Reg President, Hospitals

Staff

$1.8M

52 hrs/wk

Donna Snider CFA

SVP, Chief Investment Officer

Staff

$1.6M

52 hrs/wk

James Clarke

EVP & Pres, Physician Services

Staff

$1.4M

55 hrs/wk

Jose Azar

EVP, Chief Quality Officer

Staff

$1.3M

55 hrs/wk

Andre Goy

Phys in Chief Oncology

Staff

$1.2M

55 hrs/wk

Lisa Tank

Pres, Chief Hosp Exec, HUMC

Staff

$1.2M

55 hrs/wk

Regina Foley

EVP, Chief Transformation Officer

Staff

$1.2M

52 hrs/wk

Sara Jean Cuccurullo

VP, Phys-in-Chf/Chr, Med Rehab

Staff

$1.2M

55 hrs/wk

Jose Lozano

EVP, Chief Growth Officer

Staff

$906K

52 hrs/wk

Leah Klinke

EVP, Revenue Operations

Staff

$606K

52 hrs/wk

Theresa Brodrick

Former EVP, Chief Nursing Executive (Termed 4/1/2023)

Staff

$485K

0

Catherine Ainora

Former EVP CIO (Termed 4/2/2022)

Staff

$258K

0

Grants received

Showing 9 of 9

FromAmountPurposeYear
$997K
Grants to support researchers early stage innovative ideas.
2024
$37K
Research Subrecipient
2024
$809K
Grants to support researchers early stage innovative ideas.
2023
$15K
To provide scholarships to medical students at school to offset tuition.
2023
$15K
Grants to support researchers early stage innovative ideas.
2023
$385K
Grants to support researchers' early stage innovative ideas.
2022
$110K
RESEARCH GRANT
2018

Funded by

$2.5M from 6 funders · 9 grants · 2018–2024

Details

EIN010649794
NTEE codeE21
Subsection03
Ruling date1996-09
Employees42596
Volunteers2193
HACKENSACK MERIDIAN HEALTH INC — Mission, Financials & Grants Received | Grantivo