National Jewish Health meets the 20 Standards for Charity Accountability.
National Jewish Health (NJH) researches and treats respiratory, cardiac, immune and related diseases. The organization reports that its physicians practice at 25 locations throughout Colorado and serve patients from all 50 states and internationally. Current programs include treatment and research of respiratory, allergy, immunology, cardiology, gastroenterology, rheumatology and infectious diseases. NJH provides occupational health, psychological health, rehabilitation, and sleep and wellness services, including smoking cessation, weight management, nutrition and education programs. The organization also operates Morgridge Academy, a tuition-free K-8 school on the National Jewish Health campus that serves chronically ill children.
For the year ended June 30, 2019, National Jewish Health's program expenses were:
Clinical services |
$108,506,000 |
Academic services |
$103,937,000 |
Health initiatives and marketing |
$16,311,000 |
Professional education |
$2,215,000 |
Total Program Expenses: |
$230,969,000 |
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Chief Executive
Michael Salem, President and Chief Executive Officer
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Compensation*
$1,619,294
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Chair of the Board
Steven Kris
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Chair's Profession / Business Affiliation
Founder and President, Conundrum Capital LLC
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Board Size
49
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Paid Staff Size
1731
*2018 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Invitations to fund raising events, Planned giving arrangements, Print advertisements (newspapers, magazines, etc.), Telephone appeals, Radio, Cause- related marketing (affinity credit cards, consumer product sales, etc.), Television
Fundraising costs were 10% of related contributions. (Related contributions, which totaled $80,747,000, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on National Jewish Health's audited financial statements - consolidated for the year ended June 30, 2019.
Source of Funds |
Patient service revenue, net |
$147,956,000 |
Grants |
$56,711,000 |
Other operating revenue |
$31,367,000 |
Health initiatives revenue |
$14,030,000 |
Major gifts |
$11,324,000 |
Revenue from joint ventures |
$9,397,000 |
Bequests |
$4,728,000 |
Professional education revenue |
$4,642,000 |
Investment income, net |
$4,347,000 |
Special events, net |
$3,676,000 |
Direct mail |
$2,549,000 |
Net gain realized from insurance proceeds |
$1,653,000 |
Contributions - restricted in perpetuity |
$1,348,000 |
Gift annuity contributions |
$411,000 |
Total Income |
$294,139,000 |
- Programs: 82%
- Administrative: 16%
- Fundraising: 2%
Total Income |
$294,139,000 |
Program expenses |
$230,969,000 |
Fundraising expenses |
$8,128,000 |
Administrative expenses |
$44,526,000 |
Other expenses |
$0 |
Total expenses: |
$283,623,000 |
Income in Excess of Expenses |
$10,516,000 |
Beginning Net Assets |
$213,793,000 |
Other Changes In Net Assets |
$2,495,000 |
Ending Net Assets |
$226,804,000 |
Total Liabilities |
$77,425,000 |
Total Assets |
$304,229,000 |
Note 1: According to the organization for the year ended June 30, 2019, NJH received in-kind gifts of $3,056,144 including securities ($2,619,144) and auction items ($437,000).
Note 2: As noted in the above financial section, "other changes in net assets" refers to a change in value of split-interest agreements ($1,980,000), increase in value of gift annuities ($743,000), and beneficial interest in perpetual trusts (-$228,000).