Lenox Hill Hospital
- Assets
- $1.7b
- Revenue
- $1.6b
- Investments
- $0.0
- Employees
- 7,110
- Location
- Westbury, NY
- Founding
- 04/1920
- Data as of
- 12/2020
- EIN
- 13-1624070
Organization Overview
Lenox Hill Hospital is located in Westbury, NY. The organization was established in 1920. 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 12/2021, Lenox Hill Hospital employed 7,110 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lenox Hill 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 12/2020, Lenox Hill Hospital generated $1.6b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $1.6b during the year ending 12/2020. While expenses have increased by 7.1% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
LENOX HILL STRIVES TO IMPROVE THE HEALTH OF THE COMMUNITIES IT SERVES AND IS COMMITTED TO PROVIDING THE HIGHEST QUALITY OF CARE FOR THE COMMUNITY REGARDLESS OF ABILITY TO PAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LENOX HILL HOSPITAL ("LHH") IS AN ACUTE CARE TEACHING HOSPITAL THAT HAS A TRADITION OF PROVIDING OUTSTANDING PATIENT CARE AND INNOVATIVE MEDICAL AND SURGICAL TREATMENT. IN 2021, LHH HAD 29,480 DISCHARGES, DELIVERED 3,850 BABIES, PROVIDED 63,010 EMERGENCY DEPARTMENT VISITS AND PERFORMED 8,632 AMBULATORY SURGERIES.
LHH PHYSICIANS PROVIDE BOTH INPATIENT AND OUTPATIENT SERVICES AND STRIVE TO MAKE A MEASURABLE DIFFERENCE IN THE HEALTH STATUS OF THE COMMUNITIES THEY SERVE BY PROVIDING COMPREHENSIVE HEALTH CARE REGARDLESS OF ABILITY TO PAY.
MANHATTAN EYE, EAR & THROAT HOSPITAL (MEETH) WAS ESTABLISHED IN 1869 AND IS INTERNATIONALLY RECOGNIZED FOR ITS ACCOMPLISHMENTS IN OPHTHALMOLOGY, OTOLARYNGOLOGY, ORTHOPEDICS, PLASTIC SURGERY AND MANY OTHER SERVICES.
OTHER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Souhel Najjar MD Chair, Neurology | 50 | $2,780,632 | |
Varinder Singh MD Svp, Cardiology Western Reg | 50 | $2,394,525 | |
Samuel Scheinerman MD Chair, Cardiothoracic Surgery | 50 | $2,335,526 | |
David Langer MD Chair, Neurosurgery | 50 | $2,226,939 | |
Giles Scuderi MD Vp, Orthopedic Service Line | 50 | $2,179,081 | |
Mark Schiffer Executive Director Lenox | Officer | 50 | $1,122,738 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Central Consulting And Contracting Construction Mgmt | 12/30/21 | $9,338,473 |
Universal Protection Service Llc Equipment Service | 12/30/21 | $6,025,995 |
Philips Medical Systems Equipment Service | 12/30/21 | $3,005,311 |
Blue Sky Real Estate Services Llc Construction Mgmt | 12/30/21 | $2,582,874 |
Mhk Medical Llc Consulting Services | 12/30/21 | $1,900,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $204,378,193 |
| Investment income | $1,644,335 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $11,581,692 |
| Net Gain/Loss on Asset Sales | $2,450,012 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,606,225,514 |
| Statement of Expenses | |
|---|---|
| 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. | $1,541,438 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $781,700,382 |
| Pension plan accruals and contributions | $48,923,292 |
| Other employee benefits | $94,177,190 |
| Payroll taxes | $40,445,103 |
| Fees for services: Management | $818,739 |
| Fees for services: Legal | $110,617 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,167,440 |
| Advertising and promotion | $1,375,548 |
| Office expenses | $235,348,920 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $30,841,507 |
| Travel | $655,547 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $909,720 |
| Interest | $4,796,411 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $48,170,952 |
| Insurance | $34,426,081 |
| All other expenses | $0 |
| Total functional expenses | $1,557,345,230 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $150,119,623 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $165,341,178 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $20,856,351 |
| Prepaid expenses and deferred charges | $2,787,829 |
| Investments—publicly traded securities | $115,231,807 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $193,657,330 |
| Total assets | $1,654,939,476 |
| Accounts payable and accrued expenses | $170,238,435 |
| 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 | $16,527,442 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $670,031,474 |
| Total liabilities | $856,797,351 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $798,142,125 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Lenox Hill Hospital has recieved totaling $9,800,408.
| Awarding Organization | Amount |
|---|---|
Northwell Health Foundation Westbury, NY PURPOSE: GENERAL SUPPORT | $9,674,308 |
The Bessemer Giving Fund Woodbridge, NJ PURPOSE: MEDICAL RESEARCH PROGRAMS | $85,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $21,100 |
Connecticut Cancer Foundation Inc Old Saybrook, CT PURPOSE: TO SUPPORT CANCER RESEARCH AT LENOX HILL BRAIN CANCER CENTER | $15,000 |
Margaret Mellon Hitchcock Foundation Pittsburgh, PA PURPOSE: GENERAL OPERATING | $5,000 |
Endowment Analysis
| Beg. Balance | $120,929,014 |
| Earnings | $5,170,111 |
| Net Contributions | $11,806,830 |
| Other Expense | $5,248,324 |
| Ending Balance | $132,657,631 |
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 |