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Hackensack Meridian Health Medical Group- Complex CARE Pc

Edison, NJ · EIN 06-1755230 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Hackensack Meridian Health Medical Group- Complex CARE Pc reported $34.4 million in revenue and $34.4 million in expenses for calendar year 2024. Of every $100 it spent, $97.08 went to program services, $2.92 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 52.9% of the total. The highest compensation it reported for one person was $3,367,459 (PRESIDENT & TREASURER). 63 people received more than $100,000 in reportable compensation. Revenue fell 53% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $34M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $34M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
97.1%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
2.9%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
52.9%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
47.1%93.7%
Highest reported compensation
Part VII-A, columns D–F
$3,367,459$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
9.79%1.34%
People paid over $100,000
Part VII, line 2
6327
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-2.16.6
Independent voting board members
Part VI 1a–1b
0 of 288.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$33M expenses · 100.0% of program spending · revenue $16M

Providing medically necessary healthcare services directly to patients through the physicians employed by the corporation. Also, providing administrative, supervisory, teaching, coverage and research services to hmh hospitals corporation; a related internal revenue code section 501(c)(3) tax-exempt organization, in furtherance of its primary tax-exempt purpose in providing medically necessary healthcare services to all individuals in a non-discriminatory manner regardless of race, color, creed, sex, national origin, religion or ability to pay. Accordingly, the corporation is an integral part…

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT & TREASURER
Director/trustee, officer, 2.50 hrs/week
$0$3,076,319$291,140$3,367,459
PHYSICIAN
Highest compensated employee, 55.00 hrs/week
$1,727,156$0$56,698$1,783,854
VICE PRESIDENT & SECRETARY
Director/trustee, officer, 2.50 hrs/week
$0$1,380,345$46,901$1,427,246
PHYSICIAN
Highest compensated employee, 55.00 hrs/week
$925,485$0$46,046$971,531
PHYSICIAN
Highest compensated employee, 55.00 hrs/week
$692,506$0$225,390$917,896
PHYSICIAN
Highest compensated employee, 55.00 hrs/week
$733,307$0$51,296$784,603
PHYSICIAN
Highest compensated employee, 55.00 hrs/week
$702,521$0$56,367$758,888

63 people received more than $100,000 in reportable compensation from Hackensack Meridian Health Medical Group- Complex CARE Pc (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$50M$100M$150M$200M201920202021202220232024$34M$34M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$34M$34M97.1%−$6.1M$3,367,459
2023 ⓘ$32M$32M97.0%−$7.4M$1,946,588
2022 ⓘ$127M$127M97.8%$56M$1,945,351
2021 ⓘ$126M$126M98.1%−$14M$1,751,015
2020 ⓘ$114M$114M98.1%$2,550$1,847,584
2019 ⓘ$73M$73M97.1%$2,550$1,558,538

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b2 · 0 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 585

Correct a figure or respond

Every number above is copied from Hackensack Meridian Health Medical Group- Complex CARE Pc's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Hackensack Meridian Health Medical Group- Complex CARE Pc, you can publish a response that is linked from this page.

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Questions people ask

How much of Hackensack Meridian Health Medical Group- Complex CARE Pc's spending goes to programs?

In calendar year 2024, Hackensack Meridian Health Medical Group- Complex CARE Pc reported that 97.1% of its $34.4 million in expenses went to program services, 2.9% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Hackensack Meridian Health Medical Group- Complex CARE Pc pay its top executive?

The largest total compensation Hackensack Meridian Health Medical Group- Complex CARE Pc reported for one person in calendar year 2024 was $3,367,459, for the role of PRESIDENT & TREASURER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Hackensack Meridian Health Medical Group- Complex CARE Pc get its money?

Of $34.4 million in revenue in calendar year 2024, 52.9% came from contributions and grants and 47.1% from program service revenue (Form 990, Part VIII).

Is Hackensack Meridian Health Medical Group- Complex CARE Pc a registered charity?

The IRS lists EIN 06-1755230 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202543169349302539 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202443189349304629 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202343179349302964 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202233149349302228 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202103129349301445 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202022959349300412 · read the filing

All filings for EIN 06-1755230: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.