National Jewish Health
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
National Jewish Health meets the 20 Standards for Charity Accountability.
Stated Purpose:
"to heal, to discover, and to educate as a preeminent health care institution."
Year, State Incorporated:
1978, CO
National Jewish Health (NJH) researches and treats respiratory, cardiac, immune and related diseases. The organization's physicians practice at 26 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 also provides occupational health, psychological health, rehabilitation, and sleep and wellness services, including smoking cessation, weight management, nutrition and education programs. The organization operates the Morgridge Academy on NJH's campus, which is a tuition-free K-8 school that serves chronically ill children.
For the year ended June 30, 2023, National Jewish Health's program expenses were:
Academic services: $107,118,000
Clinical services: $177,709,000
Other programs: $13,926,000
Total Program Expenses: $298,753,000
Chief Executive
Dr. Michael S. Salem, President and Chief Executive Officer
Compensation*
$2,524,315
Chair of the Board
Evan H. Zucker
Chair's Profession / Business Affiliation
Principal, Academy Partners Group
Board Size
47
Paid Staff Size
1693
*2022 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Radio, Special events
Fundraising costs were 9% of related contributions. (Related contributions, which totaled $82,955,000, 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 for the year ended June 30, 2023.
Source of Funds
Patient service revenue | $150,430,000 |
Grant research awards | $55,612,000 |
Health initiatives revenue | $15,469,000 |
Revenue from joint ventures | $414,000 |
Other operating revenue | $94,469,000 |
Gifts, special events - net, and bequests | $27,231,000 |
Investment income, net | $9,515,000 |
Program services | $20,000 |
Contributions - restricted in perpetuity | $112,000 |
Total Income | $353,272,000 |
Programs: 81% Fundraising: 2% Administrative: 17%
Total Income | $353,272,000 |
Total expenses: | $369,614,000 |
Program expenses | $298,753,000 |
Fundraising expenses | $7,607,000 |
Administrative expenses | $63,254,000 |
Other expenses | $0 |
Income in Excess of Expenses | $-16,342,000 |
Beginning Net Assets | $280,044,000 |
Other Changes In Net Assets | $629,000 |
Ending Net Assets | $264,331,000 |
Total Liabilities | $152,800,000 |
Total Assets | $417,131,000 |
Note: As noted in the financial section above, "other changes in net assets" refers to change in split-interest agreements.
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.