HUNTERDON MEDICAL CENTER

EIN: 221537688 501(c)(3) Health Care

FLEMINGTON, NJ

Total Revenue
$376,805,855
Total Expenses
$367,791,589
Total Assets
$515,045,752
Net Assets
$313,935,706
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1948
Legal Domicile
NJ
Principal Officer
PATRICK J GAVIN MPH MBA
Phone
9087886153
Tax Period
2024-01-01 to 2024-12-31

HUNTERDON MEDICAL CENTER, founded in 1948, is a major nonprofit in the Health Care sector that reported $376.8M in total revenue in fiscal year 2024.

Mission

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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,259,539
Program Service Revenue $366,020,175
Investment Income $4,415,181
Other Revenue $1,110,960
TOTAL REVENUE $376,805,855

Expense Breakdown

Grants Paid $0
Salaries & Benefits $218,382,970
Fundraising Expenses $0
Program Expenses $296,071,703
Other Expenses $149,408,619
TOTAL EXPENSES $367,791,589

Year-over-Year Comparison

2024 2023 Change
Revenue $376,805,855 $355,944,295 +0.1%
Expenses $367,791,589 $348,722,799 +0.1%
Net Income $9,014,266 $7,221,496 +0.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
14
Employees
2894
Volunteers
109

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✓ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$3,069,298
Total Directors
16
$1,830,367
Key Employees
5
$3,069,576
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICK J GAVIN MPH MBA TRUSTEE - PRESIDENT/CEO 50.0
Officer Director
$1,444,093 $386,274 $1,830,367
VIOLET T KOCSIS CHIEF HUMAN RESOURCES OFFICER 50.0
Key Emp
$685,851 $97,465 $783,316
HERBERT WHITE CFO 50.0
Officer
$651,880 $101,345 $753,225
EDMUND SIY CHIEF INFORMATION OFFICER 50.0
Key Emp
$612,545 $81,722 $694,267
DAVID D SKILLINGE MD VP, MED. PRACTICE (TERM 4/24) 50.0
Highest
$614,991 $27,116 $642,107
JESSICA CODJOE MD CMO 50.0
Key Emp
$583,921 $21,180 $605,101
MARY JO LOUGHLIN RN SVP PATIENT CARE/CNO 50.0
Key Emp
$453,333 $77,475 $530,808
KRISTY ALFANO MSN RN EVP/COO 50.0
Officer
$451,005 $34,701 $485,706
NICOLENE M KUSHNER COO HMG 50.0
Key Emp
$423,455 $32,629 $456,084
LAN CAO MD PHYSICIAN 50.0
Highest
$410,336 $32,496 $442,832
JATINDER GAHLA MD PHYSICIAN 50.0
Highest
$413,145 $21,857 $435,002
MUHAMMAD S YUSUF MD PHYSICIAN 50.0
Highest
$399,098 $30,877 $429,975
NARMADHA PANNEERSELVAM MD PHYSICIAN 50.0
Highest
$401,766 $21,345 $423,111
KC RONDELLO MD MPH CHAIR - TRUSTEE 1.0
Officer Director
$0 $0 $0
SUZANNE SCHWANDA VICE CHAIR - TRUSTEE 1.0
Officer Director
$0 $0 $0
ROSEANN PELUSO NGUYEN SECRETARY - TRUSTEE 1.0
Officer Director
$0 $0 $0
GREG MISCHKE TREASURER - TRUSTEE 1.0
Officer Director
$0 $0 $0
CINDY BARTER MD TRUSTEE 1.0
Director
$0 $0 $0
TERESIA BOST TRUSTEE 1.0
Director
$0 $0 $0
CAROL HARDING TRUSTEE 1.0
Director
$0 $0 $0
RAHUL MAHNA TRUSTEE 1.0
Director
$0 $0 $0
JACK NAHAMA TRUSTEE 1.0
Director
$0 $0 $0
RICK ROSENTHAL TRUSTEE 1.0
Director
$0 $0 $0
ANDREW RUDNICK MD TRUSTEE 1.0
Director
$0 $0 $0
CHARLES SCAMMELL TRUSTEE 1.0
Director
$0 $0 $0
RUBEN DARIO TABORDA TRUSTEE 1.0
Director
$0 $0 $0
ANNA WALZ TRUSTEE 1.0
Director
$0 $0 $0
ELLEN F LOCKER CHAIR - TRUSTEE (TERM 4/24) 1.0
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $376,805,855 $367,791,589 $515,045,752 $9,014,266
2023 $355,944,295 $348,722,799 $500,670,040 $7,221,496
2022 $335,891,648 $325,005,826 $466,465,776 $10,885,822
2021 $347,476,602 $320,098,387 $532,567,059 $27,378,215
2020 $297,416,599 $286,565,074 $513,593,977 $10,851,525
2019 $308,307,994 $266,711,463 $428,541,034 $41,596,531
2018 $294,299,381 $281,182,086 $349,598,871 $13,117,295
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