IRS Form 990 · EIN 01-0649794

Hackensack Meridian Health Inc

Edison, NJ 08837-0000 · Tax year 2023

NTEE E21Hospital System

$7.47B

Total revenue

$7.14B

Total expenses

$86.5M

Net income

1.2%

Operating margin

Financial summary

Hospital-specific data — what the org reports to defend tax-exempt status

Compared to 10 organizations with NTEE E21 in NJ

Avg revenue (peers)

$95.9M

This org:$7.47B

Avg net income (peers)

$-9.5M

This org:$86.5M

Avg top exec comp (peers)

—

This org (highest):$13.5M

271 officers + key employees from the most recent Schedule J filing (FY2024; the financial summary above is FY2023)

Name	Title	Hours/wk	Base comp	Total comp
Robert C Garrett	CEO/Trustee	57	$2.8M	$13.5M
Mark Stauder	Trustee/Chairperson/COO	52	$1.8M	$6.1M
Robert L Glenning	Pres, Fin & IT Svcs Div, CFO/Trustee, Secretary/Treasurer	52	$1.5M	$4.9M
Patrick Young	Pres, Population Health	52	$1.1M	$4.1M
Daniel Varga MD	Pres, Chief Physician Executive	52	$1.2M	$3.4M
Ihor Sawczuk MD	Pres, Academics, Rsch, & Innov	52	$1.5M	$3.3M
Audrey C Murphy ESQ	EVP, Co-Chief Legal Officer	52	$1.0M	$3.2M
Mark D Sparta MD	Trustee/Pres, N Reg & Pres, CHE, HUMC	55	$1.2M	$2.9M
Kenneth N Sable MD	Pres, South Reg	52	$1.2M	$2.8M
Ann B Gavzy Esq	EVP, Co-Chief Legal Officer	52	$954K	$2.8M
James Blazar	EVP, Chief Strategy Officer	52	$825K	$2.5M
Linda McHugh	Trustee/Vice Chair, EVP Chief Experience Officer	52	$951K	$2.4M
Joyce Hendricks	Trustee/Chief Development Officer	52	$663K	$2.1M
Kash Patel	EVP, Chief Digital and Info Officer (Termed 9/30/2024)	52	$550K	$2.0M
Jeffrey Boscamp	Pres & Dean, School of Medicine	52	$922K	$2.0M
Anne Goodwill-Pritchett	EVP, Revenue Operations (Termed 3/9/2024)	52	$130K	$1.8M
Todd Way	Reg President, Hospitals	52	$940K	$1.8M
Donna Snider CFA	SVP, Chief Investment Officer	52	$788K	$1.7M
Timothy J Hogan	Trustee/EVP, CTS & Pres, CHE, RMC	55	$852K	$1.7M
Jose Azar	EVP, Chief Quality Officer	55	$649K	$1.6M
James Clarke	EVP & Pres, Physician Services	55	$726K	$1.4M
Regina Foley	EVP, Chief Transformation Officer	52	$597K	$1.4M
David Perlin	Trustee/EVP, Chief Scientific Officer	55	$721K	$1.4M
Lisa Tank	Pres, Chief Hosp Exec, HUMC	55	$742K	$1.3M
Andre Goy	Phys in Chief Oncology	55	$844K	$1.2M

Revenue and net income trend across all available filings

RevenueNet income

Year	Revenue	Expenses	Net income	Assets
2024	—	—	—	—
2023	$7.47B	$7.14B	$86.5M	$7.13B
2022	$6.67B	$6.59B	$-148K	$6.61B
2021	$6.41B	$6.16B	$6.9M	$6.24B
2020	$5.88B	$5.76B	$176K	$7.71B
2019	$5.57B	$5.23B	$2.2M	$6.91B
2018	$5.09B	$4.77B	$6.1M	$7.17B
2017	$2.57B	$2.38B	$3.1M	$3.50B
2016	$2.49B	$2.24B	$5.3M	$3.38B
2015	$1.87B	$1.66B	$4.0M	$2.66B

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