Hackensack Meridian Health Inc
Only null% goes to programs Strong reserves
Hackensack Meridian Health Inc is a 501(c)(3) organization based in Edison, New Jersey, registered in 1996, with $706,667 in FY2017 revenue. CharityIndex grades it C+.
343 Thornall St 8th Fl, Edison, NJ, 08837 EIN 51-0212678 Since 1996
Revenue (FY2017)
$707K
▲ 60.0% vs prior year
Health median: $840K
Expenses (FY2017)
$143K
Net assets
$12.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Hackensack Meridian Health Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating1005 mo reserves · +80% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Hackensack Meridian Health Inc: 1005 mo reserves · +80% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Hackensack Meridian Health Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Hackensack Meridian Health Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 343 Thornall St 8th Fl, Edison, NJ, 08837
- City
- Edison
- State
- New Jersey
- Category
- Health Care
- Subcategory
- Hospitals
- Website
- …
Financial trends
Revenue declined from $733K (FY2013) to $707K (FY2017) across 5 reported years.
Financial snapshot
Financial health & position (FY2017)
Liabilities $16KNet assets $12.0M
Operating margin
79.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$12.0M
Total liabilities
$16K
Net assets
$12.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2017 | $706,667▲60.0% | $143,272▼39.4% | $12,004,523▲38.6% | $12,020,247▲6.5% | 990 |
| 2016 | $441,560▼50.5% | $236,324▼92.3% | $8,662,904▲4.0% | $11,282,502▲5.3% | 990 |
| 2015 | $892,896▲36.3% | $3,061,056▲1516% | $8,330,316▼24.0% | $10,711,644▼18.3% | 990 |
| 2014 | $655,230▼10.6% | $189,473▲0.2% | $10,955,620▲7.2% | $13,108,426▲7.6% | 990 |
| 2013 | $732,859 | $189,034▼22.1% | $10,219,770▲10.5% | $12,188,168▲8.5% | 990 |
| 2012 | — | $242,512▼63.6% | $9,249,479▲5.8% | $11,231,642▲4.1% | 990 |
| 2011 | — | $666,511▲2.7% | $8,746,535▲1.2% | $10,792,628▲1.2% | 990 |
| 2010 | — | $648,907 | $8,639,267 | $10,660,994 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $255K total
5 grants to Hackensack Meridian Health Inc totaling $255K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Foundation of New Jersey | Grant support | 2018 | $60,000 |
| Community Foundation of New Jersey | Grant support | 2017 | $15,350 |
| Community Foundation of New Jersey | To support the plainfield health connections for chronically ill plainfield residents | 2016 | $60,000 |
| Community Foundation of New Jersey | General support | 2015 | $60,000 |
| Community Foundation of New Jersey | Plainfield health connections program | 2014 | $60,000 |
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Frequently asked questions
- Is Hackensack Meridian Health Inc a legitimate nonprofit?
- Yes. Hackensack Meridian Health Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 51-0212678, based in Edison, New Jersey. Donations are tax-deductible.
- What is Hackensack Meridian Health Inc's EIN?
- Hackensack Meridian Health Inc's Employer Identification Number (EIN) is 51-0212678.
- How much revenue does Hackensack Meridian Health Inc report?
- Hackensack Meridian Health Inc reported $706,667 in total revenue on its fiscal year 2017 IRS Form 990 filing.
- What financial grade does Hackensack Meridian Health Inc have?
- CharityIndex grades Hackensack Meridian Health Inc C+, based on financial health (reserves and operating margin).
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Data for Hackensack Meridian Health Inc (EIN 51-0212678) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.