New York-Presbyterian Brooklyn Methodist is located in Brooklyn, NY. The organization was established in 1940. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2019, New York-Presbyterian Brooklyn Methodist employed 5,347 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2019, New York-Presbyterian Brooklyn Methodist generated $962.9m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $839.3m during the year ending 12/2019. While expenses have increased by 2.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EXCELLENT HEALTH CARE SERVICES IN A COMPASSIONATE AND HUMANE MANNER TO THE PEOPLE WHO LIVE AND WORK IN BROOKLYN AND ITS SURROUNDING AREAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF NEWYORK-PRESBYTERIAN/BROOKLYN METHODIST HOSPITAL, A MEMBER OF THE NEW YORK-PRESBYTERIAN HEALTHCARE SYSTEM, IS TO PROVIDE EXCELLENT HEALTH CARE SERVICES IN A COMPASSIONATE AND HUMANE MANNER TO THE PEOPLE WHO LIVE AND WORK IN BROOKLYN AND ITS SURROUNDING AREAS. THE HOSPITAL IS A NON-SECTARIAN, VOLUNTARY INSTITUTION WITH 651 BEDS, WHICH INCLUDES AN ACUTE CARE GENERAL FACILITY AND AN EXTENSIVE ARRAY OF AMBULATORY AND OUTPATIENT SITES AND SERVICES. DURING 2019, 190,651 PATIENT DAYS OF CARE WERE PROVIDED; 36,923 PATIENTS WERE DISCHARGED WITH AN AVERAGE LENGTH OF STAY OF 5.4 DAYS, EXCLUDING NEWBORNS. THERE WERE A TOTAL OF 86,783 OUTPATIENT VISITS TO OUR OUTPATIENT SITES, AND 102,731 VISITS TO OUR EMERGENCY ROOM. IN SERVING ITS COMMUNITY, THE HOSPITAL WORKS TO ACHIEVE THESE PRIMARY OBJECTIVES: THE SERVICES ARE ACCESSIBLE TO PATIENTS AND PHYSICIANS WITHOUT REGARD TO AGE, SEX, RACE, CREED, NATIONAL ORIGIN OR DISABILITY. THE COMMITMENT TO COMMUNITY SERVICE IS EVIDENCED BY OUR UNCOMPENSATED SERVICES PROVIDED TO THE POOR IN THE BROADER COMMUNITY. OUR SERVICES PROVIDED TO THE POOR INCLUDE PERSONS WHO CANNOT AFFORD HEALTH CARE BECAUSE OF INADEQUATE FINANCIAL RESOURCES AND/OR WHO ARE UNINSURED OR UNDER-INSURED. THESE PERSONS ARE ELIGIBLE FOR CHARITY CARE AND FINANCIAL AID UNDER THE HOSPITAL'S FINANCIAL AID POLICY. FOR THE YEAR ENDED DECEMBER 31, 2019, UNCOMPENSATED CARE AMOUNTED TO APPROXIMATELY $40.4 MILLION. THE HOSPITAL PROVIDES PATIENTS WITH AN ENVIRONMENT THAT ASSURES THE CONTINUOUS ENHANCEMENT OF PATIENT SAFETY; ASSESS PERIODICALLY THE HEALTHCARE NEEDS OF THE COMMUNITY AND TO RESPOND TO THESE NEEDS WITH HEALTHCARE SERVICES, INCLUDING HEALTH EDUCATION FOR PATIENTS AND COMMUNITY RESIDENTS. OUR NEEDS ASSESSMENT IS DERIVED THROUGH PUBLIC QUESTIONNAIRES, AND AN ASSORTMENT OF REPORTS FROM PROFESSIONAL AGENCIES AS WELL AS OUTREACH TO AND INVOLVEMENT IN MAJOR COMMUNITY ORGANIZATIONS, INCLUDING THE STATE AND CITY DEPARTMENT OF HEALTH, NYC DEPARTMENT OF HEALTH AND MENTAL HYGIENE, HEIGHTS AND HILLS SERVICES FOR BROOKLYNS OLDER ADULTS, GOOD NEIGHBORS OF PARK SLOPE, OUR LOCAL FAITH BASED ORGANIZATIONS, COMMUNITY BOARD 6, AND BROOKLYN PUBLIC LIBRARY. THE HOSPITAL MEETS QUARTERLY WITH ITS COMMUNITY PARTNERS DISCUSS FREE HEALTH PROGRAMS AND SUPPORT SERVICES. COMMUNITY RESIDENTS ARE INFORMED OF THE AVAILABILITY OF THE COMMUNITY SERVICE PLAN VIA OUR WEB SITE, OR CAN OBTAIN A COPY OF THE COMMUNITY REPORT BY CALLING THE HOSPITAL'S ADMINISTRATIVE OFFICE AT (718)780-3301 OR THE COMMUNITY AFFAIRS OFFICE AT (718) 780-5367. SERVE AS AN EDUCATIONAL AND RESEARCH CENTER FOR THE TRAINING AND CONTINUING EDUCATION OF PHYSICIANS, NURSES AND HEALTHCARE PROFESSIONALS COMMITTED TO THE BROOKLYN COMMUNITY. PROVIDE AN ACTIVE ECUMENICAL PROGRAM OF PASTORAL CARE AND TO CONDUCT A CLINICAL PASTORAL EDUCATION PROGRAM. NEWYORK-PRESBYTERIAN/BROOKLYN METHODIST HOSPITAL HAS A HISTORIC RELATIONSHIP WITH THE UNITED METHODIST CHURCH. OFFER AN ENVIRONMENT THAT IS RESPONSIVE TO NEW AND CHANGING TECHNOLOGIES AND MANAGEMENT PRINCIPLES THAT WILL STIMULATE CREATIVE SOLUTIONS FOR OUR PATIENTS, PHYSICIANS, AND EMPLOYEES. WORK WITH MEMBERS OF THE NEW YORK-PRESBYTERIAN HEALTHCARE SYSTEM AND OTHER HEALTHCARE INSTITUTIONS, PHYSICIANS AND COMMUNITY GROUPS IN JOINTLY PURSUING THE DELIVERY OF QUALITY HEALTHCARE SERVICES, MEDICAL EDUCATION AND CLINICAL RESEARCH.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Terrence J Sacchi Chief Cardiology Dept Of Med. | 60 | $1,883,882 | |
Henry M Tischler Chief Of Orthopedics | 60 | $1,267,680 | |
Hani Ashamalla Chairman, Radiation Oncology | 60 | $1,216,439 | |
Constantine Gorelick Dir. Robotic Surgery Ob/gyn | 60 | $1,177,769 | |
Marcus D D'ayala Chief Vascular Surgery | 60 | $1,118,365 | |
Steven Silber Vice President Medical Affairs | Officer | 60 | $735,193 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Lend Lease Us Construction Construction | 12/30/19 | $102,414,434 |
Cerner Corporation Medical System Maint | 12/30/19 | $16,498,334 |
Lf Driscoll Co Llc Construction Service | 12/30/19 | $8,996,407 |
Metro Athletic Medicine Fitness P Physical Therapy Svc | 12/30/19 | $3,636,000 |
Specialtycare Miss Services Llc Staffing & Mgmt | 12/30/19 | $4,320,331 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $935,925 |
Related organizations | $7,648,363 |
Government grants | $911,314 |
All other contributions, gifts, grants, and similar amounts not included above | $1,359,756 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $10,855,358 |
Total Program Service Revenue | $860,595,335 |
Investment income | $21,788,043 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $5,505,989 |
Net Gain/Loss on Asset Sales | $32,340,373 |
Net Income from Fundraising Events | -$81,084 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $962,946,513 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $34,225 |
Grants and other assistance to domestic individuals. | $294,270 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $6,067,344 |
Compensation of current officers, directors, key employees. | $6,067,344 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $373,105,433 |
Pension plan accruals and contributions | $22,675,022 |
Other employee benefits | $71,193,443 |
Payroll taxes | $30,613,265 |
Fees for services: Management | $804,405 |
Fees for services: Legal | $2,230,391 |
Fees for services: Accounting | $796,846 |
Fees for services: Lobbying | $202,840 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $218,055 |
Fees for services: Other | $63,582,719 |
Advertising and promotion | $894,398 |
Office expenses | $40,008,643 |
Information technology | $2,549,257 |
Royalties | $0 |
Occupancy | $14,215,067 |
Travel | $821,967 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $276,199 |
Interest | $137,432 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $26,027,828 |
Insurance | $12,578,997 |
All other expenses | $0 |
Total functional expenses | $839,271,323 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $11,950 |
Savings and temporary cash investments | $74,065,901 |
Pledges and grants receivable | $20,593 |
Accounts receivable, net | $87,243,257 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $661,765 |
Inventories for sale or use | $15,664,174 |
Prepaid expenses and deferred charges | $15,534,886 |
Net Land, buildings, and equipment | $518,689,760 |
Investments—publicly traded securities | $409,057,991 |
Investments—other securities | $4,968,682 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $837,663,843 |
Total assets | $1,963,582,802 |
Accounts payable and accrued expenses | $143,681,527 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $24,217,439 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $730,880,935 |
Total liabilities | $898,779,901 |
Net assets without donor restrictions | $1,038,055,066 |
Net assets with donor restrictions | $26,747,835 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,963,582,802 |
Over the last fiscal year, New York-Presbyterian Brooklyn Methodist has awarded $70,000 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
Brooklyn, NY PURPOSE: Support | $25,000 |
Brooklyn, NY PURPOSE: Support | $13,500 |
New York, NY PURPOSE: Support | $10,000 |
Brooklyn, NY PURPOSE: Support | $10,000 |
Brooklyn, NY PURPOSE: Support | $6,000 |
Brooklyn, NY PURPOSE: Support | $5,500 |
Over the last fiscal year, we have identified 2 grants that New York-Presbyterian Brooklyn Methodist has recieved totaling $12,250.
Awarding Organization | Amount |
---|---|
Richard L & Lois S Werner Family Foundation Boca Raton, FL PURPOSE: GENERAL SUPPORT | $10,000 |
Zeldin Family Foundation Philadelphia, PA PURPOSE: CHARITABLE OPERATING EXPENSES AND GRANTS | $2,250 |
Beg. Balance | $19,596,124 |
Earnings | -$128,554 |
Other Expense | $654,981 |
Ending Balance | $18,812,589 |
Organization Name | Assets | Revenue |
---|---|---|
Lahey Clinic Hospital Inc Burlington, MA | $257,027,660 | $1,088,662,930 |
Reading Hospital Reading, PA | $1,183,713,752 | $1,035,019,113 |
St Lukes Hospital Allentown, PA | $2,817,061,751 | $982,677,854 |
Abington Memorial Hospital Philadelphia, PA | $957,526,497 | $866,047,638 |
Presbyterian Medical Center Of The University Of Pennsylvania Health Philadelphia, PA | $812,689,177 | $973,479,342 |
Saint Francis Hospital And Medical Center Hartford, CT | $1,525,942,190 | $973,165,902 |
Newyork-Presbyterian-Queens Flushing, NY | $712,392,894 | $841,266,953 |
New York-Presbyterian Brooklyn Methodist Brooklyn, NY | $1,963,582,802 | $962,946,513 |
Bronxcare Health System Bronx, NY | $743,333,524 | $835,076,495 |
St Francis Hospital United States Catholic Conference Roslyn, NY | $1,306,003,016 | $868,766,076 |
Rwj Barnabas Health Inc Livingston, NJ | $1,606,957,926 | $871,885,801 |
Valley Hospital Inc Ridgewood, NJ | $1,846,770,409 | $860,142,109 |