Hunterdon Healthcare System Inc
Hunterdon Healthcare System: Stable Finances Amidst Operational Shifts
EIN: 222537411 · Flemington, NJ · NTEE: E110 · Updated: 2026-04-04
Is Hunterdon Healthcare System Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hunterdon Healthcare System Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hunterdon Healthcare System Inc
Hunterdon Healthcare System Inc (EIN: 222537411) is a nonprofit organization based in Flemington, NJ, classified under NTEE code E110. The organization reported total revenue of $6.8M and total assets of $4.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hunterdon Healthcare System Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hunterdon Healthcare System Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Hunterdon Healthcare System Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's size and revenue, with no specific figures indicating excessive pay in the provided data.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Hunterdon Healthcare System Inc's IRS 990 filings:
- Consistent operational losses (expenses exceeding revenue) in recent years, e.g., $6,460,414 in expenses vs. $6,447,717 in revenue for 2023.
- Significant decrease in assets from $10,110,139 in 2017 to $4,791,427 in 2023.
Strengths
The following positive indicators were identified for Hunterdon Healthcare System Inc:
- Maintained a strong asset base despite recent declines.
- Consistent revenue generation over several years.
- Zero reported lobbying expenses ('c0%') indicates a focus on direct healthcare services rather than political influence.
Frequently Asked Questions about Hunterdon Healthcare System Inc
Is Hunterdon Healthcare System Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hunterdon Healthcare System Inc (EIN: 222537411) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Hunterdon Healthcare System Inc spend its money?
Hunterdon Healthcare System Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hunterdon Healthcare System Inc tax-deductible?
Hunterdon Healthcare System Inc is registered as a tax-exempt nonprofit (EIN: 222537411). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Hunterdon Healthcare System Inc do?
Hunterdon Healthcare System Inc is a nonprofit organization in the Health Care sector, located in Flemington, New Jersey. It is classified under NTEE code E110.
How much revenue does Hunterdon Healthcare System Inc have?
Hunterdon Healthcare System Inc reported total revenue of $6,800,376. Based on 13 IRS 990 filings on record.
What are Hunterdon Healthcare System Inc's total assets?
Hunterdon Healthcare System Inc holds total assets of $4,630,676 as reported in IRS 990 filings.
Where is Hunterdon Healthcare System Inc located?
Hunterdon Healthcare System Inc is based in Flemington, New Jersey.
What is Hunterdon Healthcare System Inc's EIN?
Hunterdon Healthcare System Inc's Employer Identification Number (EIN) is 222537411. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Hunterdon Healthcare System Inc?
Hunterdon Healthcare System Inc is classified under NTEE code E110 (Health Care).
Is Hunterdon Healthcare System Inc a registered 501(c)(3)?
Yes, Hunterdon Healthcare System Inc is recognized as a tax-exempt organization by the IRS. EIN: 222537411.
Does Hunterdon Healthcare System Inc file IRS Form 990?
Yes, Hunterdon Healthcare System Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Hunterdon Healthcare System Inc's revenue in 2023?
In the 202312 filing period, Hunterdon Healthcare System Inc reported total revenue of $6,447,717, total expenses of $6,460,414, and net assets of $4,791,427.
Is Hunterdon Healthcare System Inc's revenue growing or declining?
Hunterdon Healthcare System Inc's revenue is growing. Revenue went from $5,661,930 (202212) to $6,447,717 (202312), a +13.9% change. Based on 13 filings on record.
What is Hunterdon Healthcare System Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Hunterdon Healthcare System Inc covers tax period 202312. It shows revenue of $6,447,717, expenses of $6,460,414, total assets of $4,791,427, and liabilities of $2,924,868.
How much does Hunterdon Healthcare System Inc spend on programs vs administration?
Based on IRS 990 analysis, Hunterdon Healthcare System Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Hunterdon Healthcare System Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Hunterdon Healthcare System Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Hunterdon Healthcare System Inc?
The following concerns were identified: Consistent operational losses (expenses exceeding revenue) in recent years, e.g., $6,460,414 in expenses vs. $6,447,717 in revenue for 2023.. Significant decrease in assets from $10,110,139 in 2017 to $4,791,427 in 2023.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Hunterdon Healthcare System Inc's strengths?
Positive indicators for Hunterdon Healthcare System Inc include: Maintained a strong asset base despite recent declines.. Consistent revenue generation over several years.. Zero reported lobbying expenses ('c0%') indicates a focus on direct healthcare services rather than political influence.. These findings are derived from AI analysis of the organization's financial filings.
How does Hunterdon Healthcare System Inc compensate executives?
Executive compensation appears reasonable given the organization's size and revenue, with no specific figures indicating excessive pay in the provided data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Hunterdon Healthcare System Inc?
• Financial statements are readily available on their website. • Annual reports provide a high-level overview of activities. • Detailed program breakdowns are not immediately apparent in public filings. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
What factors contributed to the substantial decrease in assets from 2017 to 2023, and how has this impacted the system's long-term financial stability?
The provided data shows a significant drop in assets from $10,110,139 in 2017 to $4,791,427 in 2023. This trend, coupled with consistent operational losses, suggests potential divestitures, depreciation of assets, or a shift in investment strategy that warrants further investigation to fully assess its impact on long-term stability.
Given the recurring operational deficits, how does Hunterdon Healthcare System Inc. manage to sustain its operations and what are its primary sources of funding beyond patient revenue?
The data indicates consistent operational losses, with expenses often exceeding revenue. While specific funding sources beyond revenue are not detailed, the organization likely relies on a combination of investment income, grants, donations, and potentially drawing from reserves to cover these deficits and maintain operations.
Filing History
IRS 990 filing history for Hunterdon Healthcare System Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hunterdon Healthcare System Inc's revenue has grown by 213.9%, moving from $2.1M to $6.4M. Total assets decreased by 25.6% over the same period, from $6.4M to $4.8M. Total functional expenses rose by 224.8%, from $2.0M to $6.5M. In its most recent filing year (2023), Hunterdon Healthcare System Inc reported a deficit of $13K, with expenses exceeding revenue. The organization holds $2.9M in liabilities against $4.8M in assets (debt-to-asset ratio: 61.0%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $6.4M | $6.5M | $4.8M | $2.9M | — | — |
| 2022 | $5.7M | $6.0M | $4.3M | $2.9M | — | View 990 |
| 2021 | $7.6M | $8.1M | $4.0M | $2.5M | — | View 990 |
| 2020 | $4.5M | $5.0M | $6.9M | $2.4M | — | View 990 |
| 2019 | $5.4M | $5.9M | $7.5M | $2.0M | — | View 990 |
| 2018 | $5.6M | $5.7M | $9.3M | $2.2M | — | View 990 |
| 2017 | $5.0M | $4.7M | $10.1M | $1.3M | — | View 990 |
| 2016 | $4.3M | $3.8M | $9.8M | $1.5M | — | View 990 |
| 2015 | $4.4M | $4.0M | $8.4M | $1.7M | — | View 990 |
| 2014 | $3.4M | $3.2M | $7.8M | $1.8M | — | View 990 |
| 2013 | $3.2M | $3.1M | $7.4M | $2.5M | — | View 990 |
| 2012 | $2.3M | $2.2M | $6.9M | $1.9M | — | View 990 |
| 2011 | $2.1M | $2.0M | $6.4M | $1.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.4M, expenses of $6.5M, and assets of $4.8M (revenue +13.9% year-over-year).
- 2022: Revenue of $5.7M, expenses of $6.0M, and assets of $4.3M (revenue -25.3% year-over-year).
- 2021: Revenue of $7.6M, expenses of $8.1M, and assets of $4.0M (revenue +66.6% year-over-year).
- 2020: Revenue of $4.5M, expenses of $5.0M, and assets of $6.9M (revenue -16.2% year-over-year).
- 2019: Revenue of $5.4M, expenses of $5.9M, and assets of $7.5M (revenue -3.2% year-over-year).
- 2018: Revenue of $5.6M, expenses of $5.7M, and assets of $9.3M (revenue +12.3% year-over-year).
- 2017: Revenue of $5.0M, expenses of $4.7M, and assets of $10.1M (revenue +16.9% year-over-year).
- 2016: Revenue of $4.3M, expenses of $3.8M, and assets of $9.8M (revenue -2.0% year-over-year).
- 2015: Revenue of $4.4M, expenses of $4.0M, and assets of $8.4M (revenue +28.4% year-over-year).
- 2014: Revenue of $3.4M, expenses of $3.2M, and assets of $7.8M (revenue +7.2% year-over-year).
- 2013: Revenue of $3.2M, expenses of $3.1M, and assets of $7.4M (revenue +35.3% year-over-year).
- 2012: Revenue of $2.3M, expenses of $2.2M, and assets of $6.9M (revenue +14.0% year-over-year).
- 2011: Revenue of $2.1M, expenses of $2.0M, and assets of $6.4M.
Data Sources and Methodology
This transparency report for Hunterdon Healthcare System Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.