Atlantic Health Hackettstown Medical Center
Legal name: Hackettstown Community Hospital
Nonprofit profile at a glance
- EIN
- 226106281
- IRS 990 coverage
- 2010–2015
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2015
- Location
- Hackettstown, NJ, US
- Phone
- 1-844-264-2250
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Standard
- Sector
- Hospital, General
Reported finances
- Revenue
- $86,812,581
- Expenses
- $88,517,980
- Assets
- $93,379,582
- Liabilities
- $39,085,532
Source: IRS Form 990. Selected filing: tax year 2015. Amounts in USD.
Leadership & pay
25 people listed
Executive titles in this filing
- TERRY FORDE (PRESIDENT & CEO, AHC)
- JASON C COE (SECRETARY; PRESIDENT, HRMC)
Highest reported compensation
- TERRY FORDE (PRESIDENT & CEO, AHC): $1,444,501 total reported compensation
- JAMES G LEE (CHAIRMAN; EVP & CFO, AHC): $798,783 total reported compensation
- JASON C COE (SECRETARY; PRESIDENT, HRMC): $476,564 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
"we demonstrate god's care by improving the health of people and communities through a ministry of physical, mental and spiritual healing." hrmc's vision is to be "a leading resource for innovative patient-centered healthcare." hrmc's values are "respect, integrity, service, excellence and stewardship (rises)."
What it reported doing in 2015
Hackettstown regional medical center, a not-for-profit integrated health services acute care hospital, seeks to contribute value to the community by promoting health and wellness. Hrmc offers acute care inpatient services, physician-staffed 24-hour emergency services, a diagnostic imaging center as well as laboratory, pathology, surgical and outpatient services available on-and-off-campus, through affiliations and linkage agreements. Hrmc also offers wellness programs, including educational classes and screenings designed to encourage community members to adopt a healthier lifestyle, avoid illness and live life to its fullest.2015 year in reviewcharity care provided to the community $864,854unreimbursed costs of medicaid program $528,065community health services $885,079health professions education $244,942community health research $36,979financial and in-kind contributions $37,008community benefits operations $30,618total $2,627,545*2015 total services providedcommunity benefit programs include: screenings, classes, programs, support groups, vaccinations and health professions education.a total of 14,189 people were served through community benefit programs in 2015.*note: in 2015, hrmc provided an additional $20 million in uncompensated care attributable to medicare shortfalls and bad debt. Community benefit activities include indirect costs for 2015.
Operating model
- Revenue model
- Earned-program. 99% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 99% 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.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 89
- Accountability: 88
- Sustainability: 31
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 82.3%; rating input score 82
- Program expense ratio: 81.9%; rating input score 82
- Fundraising efficiency: $8.49 raised per $1 spent on fundraising; rating input score 50; 50th percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 11th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 99.3%; rating input score 99; 40th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 80%; rating input score 80; 31st percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -2%; rating input score 18; 18th percentile among comparable filings
- Total-asset coverage ratio: 1.05; rating input score 43; 43rd percentile among comparable filings
- Liabilities to assets ratio: 0.42; rating input score 50; 50th percentile among comparable filings
- Officer compensation ratio: 3.3%; rating input score 30; 30th percentile among comparable filings
Growth
- Program expense growth: 2.2% per year; rating input score 100; 30th percentile among comparable filings
- Revenue growth: -1.9% per year; rating input score 0; 7th percentile among comparable filings
- Asset growth: -1.1% per year; rating input score 0; 12th percentile among comparable filings
Details
- What they do: 6 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 82.3% of revenue deployed · 81.9% of spending went to programs
- Governance: 12 of 15 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $72.5M in reported program spending
- Leadership: top reported pay $1.4M · 25 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $3.1M reported
- Consistency: 33 of 34 current checks pass · 1 finding to review
- Schedules: 8 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 6 filing years from 2010 to 2015
- Contacts: How to reach this organization
- Money network: 13 filed money-flow records
- Related organizations: 21 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.
- Review — Financial Efficiency: Fundraising efficiency scored 50/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 18/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
- Moderate — Sustainability: Officer compensation ratio scored 30/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Sustainability: Liabilities to assets ratio scored 50/100.