Hackensack Meridian Health

Legal name: Hmh Hospitals Corporation

Overview

Mission

To transform healthcare and improve the health of the communities we serve.

HMH HOSPITALS CORPORATION operates as part of Hackensack Meridian Health, the largest and most integrated health network in New Jersey. The network provides a comprehensive range of medical services across multiple hospitals and care centers, including specialized institutes for neurosciences, oncology, and cardiovascular care. Serving communities throughout New Jersey, the organization is committed to redefining healthcare through innovation, research, and patient-centered care.

Operating model

Revenue model
Earned-program. 97% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 91% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

Nonprofit profile at a glance

EIN
221487576
IRS 990-T coverage
2020–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2017, Form 990-T 2024
Location
Iselin, NJ, US
Phone
844-HMH-WELL
Rating confidence
Limited
Sector
Hospital, General

Official website

Reported finances

Revenue
$22,606,744
Expenses
$13,148,654

Source: IRS Form 990-T. Selected filing: tax year 2024. Amounts in USD.

The verdict

- This return only reports unrelated business income. Use the main filing to assess the organization as a whole.

Rating breakdown

    Details

    • What they do: 3 programs and campaigns described on the official site · 2 operating locations identified
    • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
    • Activities: Unrelated business income $22.6M · Business deductions $13.1M
    • Consistency: 22 of 22 current checks pass
    • Filing history: 4 annual filings from 2020 to 2024
    • Contacts: How to reach this organization
    • Money network: 61 filed money-flow records
    • Related organizations: 80 filed related-organization links
    • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
    • People: Everyone the filings name, and which of them the filings identify by more than a name.

    Key Signals

    Signals prioritize questions for review. They are not findings of misconduct.

    Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

    • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.