Hunterdon Medical Center
- Assets
- $466.5m
- Revenue
- $335.9m
- Investments
- $0.0
- Employees
- 2,977
- Location
- Flemington, NJ
- Founding
- 09/1953
- Data as of
- 12/2022
- EIN
- 22-1537688
Organization Overview
Hunterdon Medical Center is located in Flemington, NJ. The organization was established in 1953. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2022, Hunterdon Medical Center employed 2,977 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hunterdon Medical Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Hunterdon Medical Center generated $335.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $325.0m during the year ending 12/2022. While expenses have increased by 2.4% per year over the past 8 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO RESTORE, PRESERVE & ENHANCE THE HEALTH OF THE COMMUNITY BY PROVIDING A FULL RANGE OF PREVENTIVE, DIAGNOSTIC, HOLISTIC & THERAPEUTIC IP & OP HOSPITAL & COMMUNITY HEALTH SERVICES.
Describe the Organization's Program Activity:
EXPENSES INCURRED IN PROVIDING INPATIENT, OUTPATIENT, EMERGENCY AND VARIOUS OTHER MEDICALLY NECESSARY HEALTHCARE SERVICES TO ALL INDIVIDUALS IN A NON-DISCRIMINATORY MANNER REGARDLESS OF RACE, COLOR, CREED, SEX, NATIONAL ORIGIN OR ABILITY TO PAY AND IN FURTHERANCE OF CHARITABLE TAX-EXEMPT PURPOSES. PLEASE REFER TO THE COMMUNITY BENEFIT STATEMENT IN SCHEDULE O.
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 |
|---|---|---|---|
Patrick J Gavin MPH MBA Trustee - President/ceo | OfficerTrustee | 50 | $1,289,261 |
Violet T Kocsis Chief Human Resources Officer | Officer | 50 | $600,676 |
Herbert White CFO | Officer | 50 | $582,991 |
David D Skillinge MD Vp, Medical Practices | 50 | $544,011 | |
Shehzana Ashraf MD Physician | 50 | $530,895 | |
Edmund Siy Chief Information Officer | Officer | 50 | $418,307 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Huron Consulting Services Llc Consulting | 12/30/22 | $3,086,139 |
Hunterdon Cardiovascular Associates Medical | 12/30/22 | $8,941,442 |
Symmetry Workforce Solutions Llc Staffing | 12/30/22 | $7,055,461 |
Hunterdon Healthcare Llc Medical | 12/30/22 | $2,667,131 |
Oa Peterson Construction Co Inc Construction | 12/30/22 | $2,517,801 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $506,926 |
| Government grants | $2,957,140 |
| All other contributions, gifts, grants, and similar amounts not included above | $232,897 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,696,963 |
| Total Program Service Revenue | $308,696,532 |
| Investment income | $14,511,256 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$11,421 |
| Net Gain/Loss on Asset Sales | $7,919,215 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $335,891,648 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $4,493,399 |
| Compensation of current officers, directors, key employees. | $876,213 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $155,277,530 |
| Pension plan accruals and contributions | $5,859,145 |
| Other employee benefits | $8,432,024 |
| Payroll taxes | $15,751,245 |
| Fees for services: Management | $1,057,277 |
| Fees for services: Legal | $2,726,573 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $96,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,853,817 |
| Advertising and promotion | $1,153,078 |
| Office expenses | $5,940,029 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,778,724 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $603,592 |
| Interest | $3,529,377 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,149,363 |
| Insurance | $3,685,977 |
| All other expenses | $0 |
| Total functional expenses | $325,005,826 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,459 |
| Savings and temporary cash investments | $46,824,829 |
| Pledges and grants receivable | $2,462,640 |
| Accounts receivable, net | $34,791,503 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,629,511 |
| Prepaid expenses and deferred charges | $7,127,582 |
| Net Land, buildings, and equipment | $133,318,286 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $176,171,787 |
| Intangible assets | $7,617,040 |
| Other assets | $54,512,139 |
| Total assets | $466,465,776 |
| Accounts payable and accrued expenses | $52,047,567 |
| Grants payable | $0 |
| Deferred revenue | $7,628,252 |
| Tax-exempt bond liabilities | $106,437,869 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $13,343,800 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $42,906,227 |
| Total liabilities | $222,363,715 |
| Net assets without donor restrictions | $218,286,322 |
| Net assets with donor restrictions | $25,815,739 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $466,465,776 |
Grants Awarded
Over the last fiscal year, Hunterdon Medical Center has awarded $12,966,482 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HUNTERDON PRIMARY CARE PC PURPOSE: GENERAL SUPPORT | $4,760,085 |
HUNTERDON SPECIALTY CARE PC PURPOSE: GENERAL SUPPORT | $8,206,397 |