St Lukes Institute For Health Science
- Assets
- $2.6m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 12/1977
- Data as of
- 12/2021
- EIN
- 13-2914343
Organization Overview
St Lukes Institute For Health Science is located in New York, NY. The organization was established in 1977. According to its NTEE Classification (E05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Lukes Institute For Health Science 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 12/2021, St Lukes Institute For Health Science generated $2.9m 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 (20.4%) each year. All expenses for the organization totaled $2.9m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (20.4%) per year over the past 7 years. 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
THE INSTITUTE FOR HEALTH SCIENCES PROVIDES SUPPORT AND OVERSIGHT FOR THE CLINICAL RESEARCH ACTIVITIES OF ST. LUKE'S-ROOSEVELT HOSPITAL CENTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ACTIVITIES OF THE INSTITUTE ARE PRIMARILY CLINICAL AND RESEARCH TRIALS, APPROVED AND SPONSORED BY THE NATIONAL INSTITUTE OF HEALTH SCIENCES, DESIGNED TO PROVIDE ADVANCED CLINICAL STUDIES IN MAJOR MEDICAL AND HEALTH RELATED AREAS. THE ACTIVITIES PROVIDE THE OPPORTUNITY TO ADVANCE NEW AND UNTESTED PROTOCOLS IN THE DETECTION AND TREATMENT OF HEALTH RELATED ISSUES FOR THE HOSPITAL'S PATIENTS AND PROVIDE A UNIQUE EDUCATIONAL OPPORTUNITY FOR RESIDENTS AND FELLOWS TRAINING AT ST. LUKE'S-ROOSEVELT HOSPITAL CENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Pastier 1 Director/treasurer | OfficerTrustee | 0.5 | $0 |
Michael Minikes Director/chairman | OfficerTrustee | 2 | $0 |
Beth Essig 1 Asst. Secretary | Officer | 0.5 | $0 |
Christopher Considine 1 Secretary | Officer | 0.5 | $0 |
Steven Hochberg Director | Trustee | 1 | $0 |
Stephen Harvey 1 Director | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sixta Consulting Inc Project Mgmt Servs | 12/30/16 | $109,834 |
University Of Rochester Resrch Subcontractor | 12/30/16 | $128,210 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,898,052 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,898,052 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,118,459 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $396,994 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $526,740 |
| Advertising and promotion | $0 |
| Office expenses | $113,510 |
| Information technology | $6,034 |
| Royalties | $0 |
| Occupancy | $111,454 |
| Travel | $3,077 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | -$242 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,898,052 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,576,536 |
| 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 | $2,576,536 |
| Accounts payable and accrued expenses | $60,760 |
| 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 | $2,515,776 |
| Total liabilities | $2,576,536 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,576,536 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that St Lukes Institute For Health Science has recieved totaling $66,347.
| Awarding Organization | Amount |
|---|---|
Columbia University In The City Of New York New York, NY PURPOSE: PROGRAM SVCS | $66,347 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cbset Inc Lexington, MA | $14,994,473 | $24,232,593 |
Ibpat District Council No Ii Health Fund Wallingford, CT | $42,564,448 | $17,002,734 |
New York Academy Of Medicine New York, NY | $83,761,526 | $11,379,075 |
United Hospital Fund Of New York New York, NY | $118,804,052 | $10,406,800 |
District Council 1707 Health And Insurance Fund New York, NY | $11,584,860 | $8,948,840 |
Center For Health Care Strategies Inc Hamilton, NJ | $9,820,920 | $6,350,518 |
Massachusetts Health Data Consortium Inc Waltham, MA | $2,199,626 | $5,057,188 |
Drugs For Neglected Diseasesinitiative North America Inc New York, NY | $1,372,645 | $4,153,290 |
Medicare Rights Center Inc New York, NY | $4,675,870 | $4,027,841 |
St Lukes Institute For Health Science New York, NY | $2,576,536 | $2,898,052 |
Independent Health Foundation Buffalo, NY | $4,775,300 | $3,193,474 |
Foundation For Research Into Sexually Transmitted Diseases Inc New York, NY | $1,009,719 | $1,318,302 |