Greater New York Hospital Association
- Assets
- $246.8m
- Revenue
- $21.0m
- Investments
- $172.0k
- Employees
- 5
- Location
- New York, NY
- Founding
- 12/1946
- Data as of
- 12/2021
- EIN
- 13-1552496
Organization Overview
Greater New York Hospital Association is located in New York, NY. The organization was established in 1946. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2021, Greater New York Hospital Association employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater New York Hospital Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Greater New York Hospital Association generated $21.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $12.3m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ACT AS THE PRINCIPAL ADVOCATE FOR ITS MEMBERS IN IMPROVING QUALITY AND EFFICIENCY OF HEALTH CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GREATER NEW YORK HOSPITAL ASSOCIATION (GNYHA) IS THE ADVOCATE FOR MORE THAN 160 MEMBER HOSPITALS AND HEALTH SYSTEMS BOTH VOLUNTARY AND PUBLIC IN THE NEW YORK METROPOLITAN AREA, THROUGHOUT NEW YORK STATE, AND IN THE STATES OF NEW JERSEY, CONNECTICUT AND RHODE ISLAND. ITS SERVICES INCLUDE POLICY ANALYSIS AND DEVELOPMENT, EDUCATION, RESEARCH AND COMMUNICATION, AND THE PROVISION OF SERVICES THAT ARE DESIGNED TO IMPROVE QUALITY, REDUCE PROVIDERS' COSTS AND IMPROVE OPERATIONAL EFFICIENCIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David C Rich Evp Govt Affr, Comm, Pub P | Officer | 8 | $416,242 |
Elisabeth Wynn Evp Health Econ & Finance | Officer | 5 | $297,651 |
Kenneth E Raske President | Officer | 2 | $255,076 |
Lee H Perlman Evp Administration & CFO | Officer | 2 | $237,211 |
Susan C Waltman Evp Legal, Reg & Gen Couns | Officer | 6 | $184,247 |
Jonathan Cooper Svp, Government Affairs | 12 | $154,411 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rc Consulting Group Llc Strat. Advice On Hlthcare Public Policy | 12/30/21 | $300,000 |
Mirram Group Llc Consulting/ Lobbying | 12/30/21 | $360,200 |
Skdknickerbocker Consulting/ Advertising | 12/30/21 | $2,747,336 |
The Ickes & Enright Group Inc Consulting/ Lobbying | 12/30/21 | $300,000 |
Bolton St Johns Llc Consulting/ Lobbying | 12/30/21 | $290,004 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,903,730 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,903,730 |
| Total Program Service Revenue | $6,146,935 |
| Investment income | $3,252,964 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,685,466 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,002,954 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $40,000 |
| 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. | $1,613,534 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,009,209 |
| Pension plan accruals and contributions | $25,577 |
| Other employee benefits | $573,223 |
| Payroll taxes | $33,413 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $559,953 |
| Fees for services: Accounting | $56,756 |
| Fees for services: Lobbying | $1,730,675 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,449,442 |
| Fees for services: Other | $1,202,255 |
| Advertising and promotion | $2,549,291 |
| Office expenses | $52,339 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $189,500 |
| Travel | $50,387 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,611 |
| All other expenses | $0 |
| Total functional expenses | $12,290,597 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,354,842 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $16,100 |
| 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 | $179,775 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $226,019,037 |
| Investments—other securities | $172,032 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $65,673 |
| Total assets | $246,807,459 |
| Accounts payable and accrued expenses | $392,151 |
| Grants payable | $0 |
| Deferred revenue | $12,920 |
| 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 | $1,367,721 |
| Total liabilities | $1,772,792 |
| Net assets without donor restrictions | $245,034,667 |
| Net assets with donor restrictions | $0 |
| 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 | $246,807,459 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Greater New York Hospital Association has recieved totaling $12,848.
| Awarding Organization | Amount |
|---|---|
Workforce Development Corp New York, NY PURPOSE: Workforce dev. | $12,848 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hackley School Tarrytown, NY | $243,396,766 | $66,402,652 |
St Lukes Hospital-Easton Campus Allentown, PA | $40,456,733 | $30,049,948 |
Dimock Community Foundation Inc Group Return Roxbury, MA | $54,875,455 | $46,609,150 |
Stony Brook Anesthesiology University Faculty Practice Corp Stony Brook, NY | $3,139,029 | $42,033,502 |
University At Buffalo Neurosurgery Inc Williamsville, NY | $12,581,322 | $42,255,592 |
Stony Brook Radiology University Faculty Practice Corporation Stony Brook, NY | $5,494,975 | $42,693,015 |
Seneca Place Pgh, PA | $27,591,419 | $27,199,653 |
Hazleton Professional Services Hazleton, PA | $9,503,487 | $31,426,848 |
Community Health Connections Inc Fitchburg, MA | $38,406,305 | $38,479,971 |
Childrens Health Care Associates Of New Jersey Pc Philadelphia, PA | $109,005,654 | $54,641,471 |
Stony Brook Orthopaedic Associates University Faculty Practice Corp Stony Brook, NY | $5,848,599 | $37,222,975 |
Star Community Health Inc Bethlehem, PA | $13,375,255 | $30,362,655 |