Nyu Winthrop Hospital
- Assets
- $0.0
- Revenue
- $1.5b
- Investments
- $0.0
- Employees
- 10,337
- Location
- Mineola, NY
- Founding
- 01/1940
- Data as of
- 07/2019
- EIN
- 11-1633486
Organization Overview
Nyu Winthrop Hospital is located in Mineola, 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 07/2019, Nyu Winthrop Hospital employed 10,337 individuals. Nyu Winthrop Hospital is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2019, Nyu Winthrop Hospital generated $1.5b in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $1.3b during the year ending 07/2019. While expenses have increased by 6.4% per year over the past 4 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
PROMOTION OF HEALTH
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HOSPITAL CARRIED OUT ITS EXEMPT FUNCTION BY PROVIDING ACUTE CARE TO PATIENTS IN ADDITION TO VARIOUS SERVICES PROVIDED TO THE COMMUNITY (SEE SCHEDULE O FOR INFORMATION ON COMMUNITY SERVICES).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John F Collins President/ceo | OfficerTrustee | 60 | $2,653,229 |
Scott L Schubach MD Chairman, Tcv Surgery | 60 | $2,123,607 | |
Richard Schwartz MD Physician | 60 | $1,838,164 | |
Anthony Gambino MD Physician | 60 | $1,815,072 | |
Philip Ragno MD Physician | 60 | $1,784,824 | |
Laurence Spier MD Physician | 60 | $1,720,835 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kzsw Advertising Advertising | 7/30/19 | $7,481,939 |
Hospital Billing And Collection Ser Billing & Collection | 7/30/19 | $2,549,264 |
Washington West Llc Denials Mgmt | 7/30/19 | $2,460,527 |
Stony Brook Medicine Med Residency Prgrm | 7/30/19 | $2,073,298 |
Professional Maintenance Of Long Is Maintenance | 7/30/19 | $2,022,546 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,928,038 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,787,650 |
| Noncash contributions included in lines 1a–1f | $402,559 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,715,688 |
| Total Program Service Revenue | $1,430,774,695 |
| Investment income | $9,107,835 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$9,824,516 |
| Net Gain/Loss on Asset Sales | $3,761,878 |
| Net Income from Fundraising Events | -$378,654 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,516,575,274 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $8,335,990 |
| Compensation of current officers, directors, key employees. | $1,217,931 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $569,140,999 |
| Pension plan accruals and contributions | $34,516,196 |
| Other employee benefits | $47,494,603 |
| Payroll taxes | $44,994,290 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,238,678 |
| Fees for services: Accounting | $457,148 |
| Fees for services: Lobbying | $64,990 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $227,082 |
| Fees for services: Other | $46,825,837 |
| Advertising and promotion | $8,415,636 |
| Office expenses | $151,805,520 |
| Information technology | $30,995,846 |
| Royalties | $0 |
| Occupancy | $31,255,947 |
| Travel | $1,409,058 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,690,248 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $65,942,367 |
| Insurance | $25,131,128 |
| All other expenses | $18,319,023 |
| Total functional expenses | $1,320,543,973 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $0 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Nyu Winthrop Hospital has recieved totaling $27,850.
| Awarding Organization | Amount |
|---|---|
Foundation Forsurgical Fellowships Los Angeles, CA PURPOSE: General Support | $20,000 |
Public Health Institute Oakland, CA PURPOSE: Research | $7,850 |
Endowment Analysis
| Beg. Balance | $23,646,892 |
| Earnings | $28,644 |
| Admin Expense | $24,860,678 |
| Net Contributions | $1,367,759 |
| Other Expense | $182,617 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lahey Clinic Hospital Inc Burlington, MA | $439,333,881 | $1,036,261,688 |
Presbyterian Medical Center Of The University Of Pennsylvania Health Philadelphia, PA | $864,132,692 | $1,007,924,819 |
Newyork-Presbyterian-Queens Flushing, NY | $898,800,022 | $913,594,490 |
New York-Presbyterian Brooklyn Methodist Brooklyn, NY | $1,733,884,296 | $932,635,722 |
Abington Memorial Hospital Philadelphia, PA | $948,017,930 | $858,404,541 |
Englewood Hospital And Medical Center A New Jersey Nonprofit Corp Englewood, NJ | $770,563,796 | $890,451,423 |
Saint Francis Hospital And Medical Center Hartford, CT | $1,654,893,576 | $997,837,414 |
Inspira Medical Centers Inc Bridgeton, NJ | $1,997,035,403 | $960,599,521 |
Valley Hospital Inc Ridgewood, NJ | $2,214,086,950 | $1,000,529,103 |
St Francis Hospital Roslyn, NY | $1,505,143,319 | $834,224,682 |
Virtu-West Jersey Health System Inc Marlton, NJ | $2,706,789,713 | $1,000,808,483 |
Bronxcare Health System Bronx, NY | $743,333,524 | $835,076,495 |