Hackettstown, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Foundation for Hackettstown Medical Center, founded in 1980, is a small nonprofit that reported $436K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $404K left a modest 7% surplus.
The mission of the Foundation for Hackettstown Medical Center is to conduct philanthropic programs in support of Hackettstown Medical Center and the communities it serves, to preserve and enhance the delivery of quality health, and wellness services, resulting in a healthier community.
Foundation for Hackettstown Medical Center transfers funds to Hackettstown Medical Center (the "Hospital") to support the Hospital and the community it serves. Transfers include payments on various...
Foundation for Hackettstown Medical Center transfers funds to Hackettstown Medical Center (the "Hospital") to support the Hospital and the community it serves. Transfers include payments on various capital campaigns supporting capital projects of the Hospital as well as donations made for a specific purpose benefiting various areas of the Hospital.
Board approved funding that the Foundation awarded to Hackettstown Medical Center fo an Oncology Nurse Navigator to help assist the patient, their family, and/or carefivers across the continuum, to...
Board approved funding that the Foundation awarded to Hackettstown Medical Center fo an Oncology Nurse Navigator to help assist the patient, their family, and/or carefivers across the continuum, to overcome any health barriers, providing a comprehensive assessment and facilitate timely referrals for appointments to the multidisciplinary oncology team.
Board approved funding to Hacketstown Medical Center for a Mobility Aid. This is an early mobilization project that addresses patients needs to be mobile during their hospital stay, contribution to a...
Board approved funding to Hacketstown Medical Center for a Mobility Aid. This is an early mobilization project that addresses patients needs to be mobile during their hospital stay, contribution to a positive impact on morbidity, mortality, an unnecessary legal lengths of stay.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $436,211 | $376,052 | +0.2% |
| Expenses | $404,307 | $325,079 | +0.2% |
| Net Income | $31,904 | $50,973 | -0.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Robert Adams Jr | President, Western Region | 27.50 |
Officer
Director
|
$0 | $146,989 | $1,235,422 |
| Megan Sandow | Chief Development Officer | 27.50 |
Officer
Director
|
$0 | $30,355 | $334,961 |
| Eric Cross | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Janen Ardia | Trustee- Chair | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Judy Arnold | Auxiliary Rep | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| John H Johnson | Trustee-Vice Chair | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Gregory W Stewart | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Mattar Mattar | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Michael S Selvaggi Esq | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Norman Worth | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Peter Olivieri | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Tom R Dartnell | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Virginia Mahoney | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Fawaz Nesheiwat DPM DAPFAS | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Kishore Ballal | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Robert Wanamaker | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Michael Walter | SVP-Chief Financial Office | 2.00 |
Officer
|
$0 | $137,577 | $1,108,761 |
| Kevin Lenahan | EVP-Chief Business & Strat | 2.00 |
Officer
|
$0 | $406,954 | $7,161,469 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $436,211 | $404,307 | $3,847,403 | $31,904 |
| 2022 | $376,052 | $325,079 | $3,745,490 | $50,973 |
| 2021 | $374,569 | $302,337 | $4,290,590 | $72,232 |
| 2020 | $376,656 | $359,032 | $3,819,557 | $17,624 |
| 2019 | $255,030 | $293,067 | $3,215,713 | $-38,037 |
| 2018 | $511,033 | $2,873,923 | $3,135,550 | $-2,362,890 |
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