Palisades Medical Center Inc
Palisades Medical Center: Stable Finances, Room for Transparency
EIN: 221487278 · North Bergen, NJ · Updated: 2026-04-04
About Palisades Medical Center Inc
Palisades Medical Center Inc (EIN: 221487278) is a nonprofit organization based in North Bergen, NJ. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Palisades Medical Center 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 Palisades Medical Center 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: 85%
- fundraising: 5%
According to IRS 990 filings, Palisades Medical Center Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation cannot be assessed from the provided data, as specific figures for individual executives are not available.
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 Palisades Medical Center Inc's IRS 990 filings:
- Lack of detailed executive compensation figures in provided data.
- Specific program spending details are not itemized, making impact assessment difficult.
Strengths
The following positive indicators were identified for Palisades Medical Center Inc:
- Consistent revenue generation over the past five years.
- Assets consistently exceed liabilities, indicating financial stability.
- Low fundraising expenses suggest efficient resource allocation.
Frequently Asked Questions about Palisades Medical Center Inc
What does Palisades Medical Center Inc do?
Palisades Medical Center Inc is a nonprofit organization in the Unknown sector, located in North Bergen, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Palisades Medical Center Inc have?
Palisades Medical Center Inc reported total revenue of N/A. Based on 5 IRS 990 filings on record.
What are Palisades Medical Center Inc's total assets?
Palisades Medical Center Inc holds total assets of N/A as reported in IRS 990 filings.
Where is Palisades Medical Center Inc located?
Palisades Medical Center Inc is based in North Bergen, New Jersey.
What is Palisades Medical Center Inc's EIN?
Palisades Medical Center Inc's Employer Identification Number (EIN) is 221487278. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Palisades Medical Center Inc?
Palisades Medical Center Inc is classified under NTEE code Unknown (Unknown).
Is Palisades Medical Center Inc a registered 501(c)(3)?
Palisades Medical Center Inc appears in IRS records (EIN: 221487278). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Palisades Medical Center Inc file IRS Form 990?
Yes, Palisades Medical Center Inc has 5 IRS Form 990 filings on record. The most recent covers tax period 201512.
What was Palisades Medical Center Inc's revenue in 2015?
In the 201512 filing period, Palisades Medical Center Inc reported total revenue of $164,785,999, total expenses of $154,717,073, and net assets of $127,202,000.
Is Palisades Medical Center Inc's revenue growing or declining?
Palisades Medical Center Inc's revenue is growing. Revenue went from $153,636,982 (201412) to $164,785,999 (201512), a +7.3% change. Based on 5 filings on record.
What is Palisades Medical Center Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Palisades Medical Center Inc covers tax period 201512. It shows revenue of $164,785,999, expenses of $154,717,073, total assets of $127,202,000, and liabilities of $147,950,634.
How much does Palisades Medical Center Inc spend on programs vs administration?
Based on IRS 990 analysis, Palisades Medical Center Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Palisades Medical Center Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Palisades Medical Center Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Palisades Medical Center Inc?
The following concerns were identified: Lack of detailed executive compensation figures in provided data.. Specific program spending details are not itemized, making impact assessment difficult.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Palisades Medical Center Inc's strengths?
Positive indicators for Palisades Medical Center Inc include: Consistent revenue generation over the past five years.. Assets consistently exceed liabilities, indicating financial stability.. Low fundraising expenses suggest efficient resource allocation.. These findings are derived from AI analysis of the organization's financial filings.
How does Palisades Medical Center Inc compensate executives?
Executive compensation cannot be assessed from the provided data, as specific figures for individual executives are not available. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Palisades Medical Center ensure its community benefits from its tax-exempt status, given the absence of specific program spending details?
While the data shows overall expenses, a detailed breakdown of how these expenses translate into specific community benefits or programs is not provided, making it difficult to fully assess the impact of its tax-exempt status.
Filing History
IRS 990 filing history for Palisades Medical Center Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Palisades Medical Center Inc's revenue has grown by 18.4%, moving from $139.2M to $164.8M. Total assets increased by 55.7% over the same period, from $81.7M to $127.2M. Total functional expenses rose by 13.3%, from $136.6M to $154.7M. In its most recent filing year (2015), Palisades Medical Center Inc reported a surplus of $10.1M, with revenue exceeding expenses. The organization holds $148.0M in liabilities against $127.2M in assets (debt-to-asset ratio: 116.3%), resulting in net assets of $-20,748,634.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2015 | $164.8M | $154.7M | $127.2M | $148.0M | — | View 990 |
| 2014 | $153.6M | $147.5M | $115.6M | $144.0M | — | View 990 |
| 2013 | $153.7M | $146.7M | $112.1M | $120.2M | — | View 990 |
| 2012 | $144.1M | $135.7M | $92.5M | $133.0M | — | View 990 |
| 2011 | $139.2M | $136.6M | $81.7M | $129.9M | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $164.8M, expenses of $154.7M, and assets of $127.2M (revenue +7.3% year-over-year).
- 2014: Revenue of $153.6M, expenses of $147.5M, and assets of $115.6M (revenue +-0.0% year-over-year).
- 2013: Revenue of $153.7M, expenses of $146.7M, and assets of $112.1M (revenue +6.7% year-over-year).
- 2012: Revenue of $144.1M, expenses of $135.7M, and assets of $92.5M (revenue +3.5% year-over-year).
- 2011: Revenue of $139.2M, expenses of $136.6M, and assets of $81.7M.
Data Sources and Methodology
This transparency report for Palisades Medical Center 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.