Medical Staff Of Hackensack University Medical Center
- Assets
- $709.4k
- Revenue
- $342.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Hackensack, NJ
- Founding
- 02/2005
- Data as of
- 12/2021
- EIN
- 20-3075723
Organization Overview
Medical Staff Of Hackensack University Medical Center is located in Hackensack, NJ. The organization was established in 2005. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Medical Staff Of Hackensack University Medical Center is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Medical Staff Of Hackensack University Medical Center generated $342.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $153.9k during the year ending 12/2021. While expenses have increased by 1.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Medical Staff Of Hackensack University Medical Center has awarded 12 individual grants totaling $330,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ITS PRIMARY PURPOSE IS TO ENSURE THAT THE HACKENSACK UNIVERSITY MEDICAL CENTER DELIVERS QUALITY MEDICAL CARE TO ITS PATIENTS. IT ALSO PROVIDES EDUCATIONAL MEETINGS AND SEMINARS, WHICH ENSURE CONTINUOUS ADVANCEMENT IN PROFESSIONAL KNOWLEDGE AND SKILL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS PROVIDED TO DEFRAY LOANS ACCUMULATED DURING EDUCATION.
ITEMIZED EXPENSES LISTED IN PART II STATEMENT OF FUNCTIONAL EXPENSES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Hewitt MD Vice Preside | Officer | 2 | $0 |
Rajiv Patel MD Treasurer | Officer | 2 | $0 |
Hans Schmidt MD President | Officer | 5 | $0 |
Manisha Parulekar MD Secretary | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $342,020 |
| Investment income | $617 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $342,637 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,000 |
| Grants and other assistance to domestic individuals. | $30,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,118 |
| Advertising and promotion | $0 |
| Office expenses | $9,020 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $55,241 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,421 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $153,850 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,558 |
| Savings and temporary cash investments | $686,008 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $9,869 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $709,435 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $709,435 |
| Total liabilities and net assets/fund balances | $709,435 |
Grants Awarded
Over the last fiscal year, Medical Staff Of Hackensack University Medical Center has awarded $50,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Lawrenceville, NJ PURPOSE: CONTRIBUTION | $25,000 |
Edison, NJ PURPOSE: CONTRIBUTION | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Medical Staff Of Hackensack University Medical Center has recieved totaling $11,700.
| Awarding Organization | Amount |
|---|---|
Vespa Family Foundation Inc Franklin Lakes, NJ PURPOSE: TO FUND NORMAL OPERATIONS | $5,000 |
Dennis And Barbara Marion Family Charitable Foundation Wayne, NJ PURPOSE: HACKENSACK UNIVERSITY MEDICAL CENTER | $5,000 |
Samuel & Rose Mitchell Foundation New York, NY PURPOSE: TO FURTHER THE MISSION OF THE ORGANIZATION. | $1,500 |
Brd Foundation Inc Hackensack, NJ PURPOSE: GENERAL CHARITABLE PURPOSES | $200 |
Jack And Susan Levkovitz Foundation West Milford, NJ PURPOSE: GENERAL PURPOSE | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nysa-Ila Container Royalty Fund Jersey City, NJ | $55,480,172 | $104,394,382 |
Unsatisfied Claims & Judgement Fund Basking Ridge, NJ | $69,007,782 | $67,404,449 |
Gs1 Us Inc Ewing, NJ | $478,037,755 | $93,863,501 |
International Swaps And Derivatives Association Inc New York, NY | $118,665,756 | $65,806,525 |
Association Of National Advertisers Inc New York, NY | $38,717,598 | $50,547,394 |
Global Associations Of Risk Proffesionals Inc Jersey City, NJ | $66,882,119 | $55,059,565 |
Natural Diamond Council Usa Inc New York, NY | $2,361,726 | $45,450,043 |
Better Health For Northeast New York Inc Albany, NY | $1,699,036 | $0 |
Hamaspik Of Orange County Inc Monroe, NY | $56,250,916 | $69,931,985 |
International Council Of Shopping Centers Inc New York, NY | $167,282,013 | $15,292,706 |
Housing Works Inc Brooklyn, NY | $30,231,683 | $31,989,444 |
Workers Compensation Security Fund Basking Ridge, NJ | $229,766,675 | $28,644,741 |