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Nonprofits›Hackensack Meridian Health Inc

Health Care

Hackensack Meridian Health Inc

EDISON, NJ

Website

Total revenue

$271.3M

Total expenses

$99.9M

Net assets

$1.2B

Grants received

$5.3M

18 grants

EIN

223474145

Tax year

2024

Mission

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

Programs

2 programs

Accountable care organizations: promote evidence-based medicine, patient engagement, care coordination, and the development of an infrastructure for accountable care organization providers to internally report on quality and cost metrics.

Expenses: $27.1M

Health care services: 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: $16.5M

Financials

FY 2024

Revenue

Contributions & grants$95.7M

Program service revenue$41.5M

Investment income$128.1M

Other revenue$6.0M

Total revenue$271.3M

Expenses

Grants paid—

Salaries & benefits$14.1M

Fundraising—

Other expenses$85.8M

Total expenses$99.9M

Total assets$4.9B

Net assets$1.2B

People

42 listed

NameRoleCompensation

James J Galeota

Trustee/Secretary

Board

—

3 hrs/wk

Kathleen T Ellis

Trustee/Vice Chairperson

Board

—

3 hrs/wk

Keith Banks

Trustee/Chairperson

Board

—

3 hrs/wk

Peter S Reinhart ESQ

Trustee/Treasurer (Termed 12/31/2024)

Board

—

3 hrs/wk

Robert C Garrett

CEO/Trustee

Board

—

3 hrs/wk

Carla Harris

Trustee

Board

—

3 hrs/wk

Carmine Di Sibio

Trustee

Board

—

3 hrs/wk

Domenic M DiPiero III

Trustee

Board

—

3 hrs/wk

Douglas Sieg

Trustee

Board

—

3 hrs/wk

Eli Manning

Trustee

Board

—

3 hrs/wk

Frank Decongelio

Trustee

Board

—

3 hrs/wk

Frank L Fekete CPA

Trustee

Board

—

3 hrs/wk

Fred Voccola

Trustee

Board

—

3 hrs/wk

Gail B Gordon Esq

Trustee

Board

—

3 hrs/wk

Gregg Azcuy

Trustee

Board

—

3 hrs/wk

John C Meditz

Trustee

Board

—

3 hrs/wk

John E Harmon SR

Trustee

Board

—

3 hrs/wk

Judith Persichilli RN

Trustee

Board

—

3 hrs/wk

Katia Passerini PHD

Trustee

Board

—

3 hrs/wk

Lawrence R Inserra Jr

Trustee

Board

—

3 hrs/wk

Mauricio Gutierrez

Trustee

Board

—

3 hrs/wk

Michael A Kleiman DMD

Trustee

Board

—

3 hrs/wk

Michael Heaney

Trustee

Board

—

3 hrs/wk

Nadine Leslie

Trustee

Board

—

3 hrs/wk

Peter C Gerhard

Trustee (Termed 12/31/2024)

Board

—

3 hrs/wk

Peter H Wegener ESQ

Trustee (Termed 12/31/2024)

Board

—

3 hrs/wk

Ralph Izzo PHD

Trustee

Board

—

3 hrs/wk

Stephen T Boswell PHD PE

Trustee

Board

—

3 hrs/wk

Michael Allen

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

Board

—

3 hrs/wk

Robert L Glenning

Pres, Fin & IT Svcs Div, CFO

Board

—

3 hrs/wk

Ann B Gavzy Esq

EVP, Co-Chief Legal Officer

Staff

—

3 hrs/wk

Audrey C Murphy ESQ

EVP, Co-Chief Legal Officer

Staff

—

3 hrs/wk

Daniel Varga MD

Pres, Chief Physician Executive

Staff

—

3 hrs/wk

Ihor Sawczuk MD

Pres, Academics, Rsch, & Innov

Staff

—

3 hrs/wk

James Blazar

EVP, Chief Strategy Officer

Staff

—

3 hrs/wk

Jeffrey Boscamp

Pres & Dean, School of Medicine

Staff

—

3 hrs/wk

Jose Lozano

EVP, Chief Growth Officer

Staff

—

3 hrs/wk

Joyce Hendricks

Chief Development Officer

Staff

—

3 hrs/wk

Linda McHugh

EVP Chief Experience Officer

Staff

—

3 hrs/wk

Mark Stauder

Chief Operating Officer

Staff

—

3 hrs/wk

Patrick Young

Pres, Population Health

Staff

—

3 hrs/wk

Catherine Ainora

Former EVP CIO (Termed 4/2/2022)

Staff

—

Independent contractors

MED-METRIX LLC

MEDICAL A/R COLLECTION

$36.0M

CPS SOLUTIONS LLC

MEDICAL

$21.9M

REGIONAL CANCER CARE ASSOCIATES LLC

MEDICAL

$17.4M

NTT DATA SERVICES LLC

CONSULTING

$16.9M

DIVURGENT LLC

CONSULTING

$13.8M

Grants received

Showing 18 of 18

FromAmountPurposeYear

Temple University - Of The Commonwealth System of Higher Education

$327K

Research subcontract

2023

AMERICAN ENDOWMENT FOUNDATION

$15K

GENERAL OPERATING SUPPORT

2023

Monmouth Ocean Hospital Serv Corp

$3.0M

Termination DISTRIBUTION

2022

NEW JERSEY INNOVATION INSTITUTE INC

$699K

SUBSTANCE USE DISORDER PROGRAM

2022

Monmouth Ocean Hospital Serv Corp

$438K

Termination DISTRIBUTION

2022

Temple University - Of The Commonwealth System of Higher Education

$367K

Research subcontract

2022

FIDELITY INVESTMENTS CHARITABLE GIFT FUND

$20K

For grant recipient's exempt purposes

2022

Insulin For Life USA Inc

$18K

Medical Assistance

2022

Temple University - Of The Commonwealth System of Higher Education

$312K

Research subcontract

2021

FIDELITY INVESTMENTS CHARITABLE GIFT FUND

$20K

For grant recipient's exempt purposes

2021

FIDELITY INVESTMENTS CHARITABLE GIFT FUND

$20K

For grant recipient's exempt purposes

2021

Insulin For Life USA Inc

$11K

Medical Assistance

2021

GEORGETOWN UNIVERSITY

$30K

SUBAWARD

2020

FIDELITY INVESTMENTS CHARITABLE GIFT FUND

$20K

For grant recipient's exempt purposes

2020

BAY HEAD YACHT CLUB FOUNDATION

$5K

GENERAL OPERATING

2020

FIDELITY INVESTMENTS CHARITABLE GIFT FUND

$20K

For grant recipient's exempt purposes

2019

SEATTLE CHILDREN'S HOSPITAL

$10K

PEDIATRIC MEDICAL RESEARCH GRANT SUBAWARD

2019

BAY HEAD YACHT CLUB FOUNDATION

$1K

GENERAL OPERATING

2018

Funded by

$5.3M from 9 funders · 18 grants · 2018–2023

Monmouth Ocean Hospital Serv Corp

$3.4M · 2 grants · 2022

Temple University - Of The Commonwealth System of Higher Education

$1.0M · 3 grants · 2021–2023

New Jersey Innovation Institute Inc

$699K · 1 grant · 2022

Fidelity Investments Charitable Gift Fund

$100K · 5 grants · 2019–2022

Georgetown University

$30K · 1 grant · 2020

Insulin For Life USA Inc

$29K · 2 grants · 2021–2022

American Endowment Foundation

$15K · 1 grant · 2023

Seattle Children's Hospital

$10K · 1 grant · 2019

Details

EIN223474145

NTEE codeE210

Subsection03

Ruling date2002-01

Formed1997

Employees0

Volunteers27