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CHARITY REVIEW
Issued: June 2024 Expires: June 2026

National Jewish Health

Accredited Charity
Accredited Charity

Meets Standards

1400 Jackson Street
Denver, CO, 80206

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. 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.

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Report completed by:
BBB Wise Giving Alliance