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Palisades Medical Associates Llc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 223814193 ✦ Edison, NJ ✦ Designated as a 501(c)(3)

Overview

What is Palisades Medical Associates Llc?

Palisades Medical Associates Llc is a New Jersey-based corporation dedicated to providing medically necessary healthcare services directly to patients. They employ physicians who offer their expertise to Hackensack Meridian Health, a tax-exempt integrated healthcare delivery network. In addition to serving patients, Palisades Medical Associates contributes administrative, supervisory, teaching, coverage, and research services to HMH Hospitals Corporation. This collaboration advances their common charitable mission: to provide medical services to individuals in a nondiscriminatory manner, regardless of race, color, creed, sex, national origin, religion, or ability to pay. The organization, with a team of 34 employees, operates exclusively for this noble purpose.


Is Palisades Medical Associates Llc legitimate?

Palisades Medical Associates Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Palisades Medical Associates Llc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,050,946

For more financial information, click here


What is the mission statement of Palisades Medical Associates Llc?
Who is the CEO of Palisades Medical Associates Llc?
What is the revenue of Palisades Medical Associates Llc?
Who are the executives of Palisades Medical Associates Llc and what are their salaries?
Where can I find the form 990 for Palisades Medical Associates Llc?

Mission Statement of Palisades Medical Associates Llc

Palisades Medical Associates Llc is a charitable organization dedicated to supporting and advancing the noble cause of providing medical services to patients under HMH Hospitals Corporation. In line with its mission, the company deploys physicians to directly cater to the healthcare needs of individuals in a non-discriminatory manner. This includes rendering essential medical services to patients and offering administrative, supervisory, teaching, coverage, and research support to HMH Hospitals Corporation.

Palisades Medical Associates Llc is a crucial element of Hackensack Meridian Health, a tax-exempt integrated healthcare delivery network. The organization's unwavering commitment to its charitable purpose is reflected in its provision of medical care to all, irrespective of race, color, creed, sex, national origin, religion, or ability to pay. The company's team of physicians and support staff are integrated into the healthcare system, working together to ensure comprehensive healthcare services for everyone.

By offering medical expertise and resources to HMH Hospitals Corporation, Palisades Medical Associates Llc plays a vital role in furthering the network's mission to deliver top-notch healthcare services to the community. The organization's physicians provide on-the-ground care, while the administrative and research services they offer contribute to the overall improvement of healthcare delivery. In summary, Palisades Medical Associates Llc is an indispensable component of Hackensack Meridian Health, dedicated to enhancing the organization's capacity to provide essential medical services to all patients.

Impact

This information is meant to be a general summary of Palisades Medical Associates Llc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Palisades Medical Associates Llc's impact lies in its dedicated focus on providing medically necessary healthcare services directly to patients through its employed physicians. By also offering administrative, supervisory, teaching, coverage, and research services to HMH Hospitals Corporation, Palisades Medical Associates Llc plays a crucial role in furthering the charitable purpose of providing healthcare services to all individuals in a non-discriminatory manner. Through its integral part in Hackensack Meridian Health, this organization contributes significantly to the delivery of integrated healthcare services, ultimately improving the well-being of individuals in a holistic manner.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-15,450
  • Program Service Revenue: $12,122,160
  • Gross Receipts: $20,157,991

    • Assets and Liabilities:
  • Total Assets: $40,366,215
  • Total Liabilities: $2,889,181
  • Net Assets: $37,477,034
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    NET PATIENT SERVICE REVENUE

    Revenue

    $12,059,464

    OTHER HEALTH CARE RELATED REVENUE

    Revenue

    $62,696

    Organization Details

    Founding Year

    2001

    Principal Officer

    Anthony J Passannante Jr Md

    Main Address

    C/O TAX DEPT 399 THORNALL STREET 2N, EDISON, NJ, 08837

    NTEE Category

    Code: E31 - Health

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