Foundation Of New York-Presbyterian Hudson Valley Hospital
- Assets
- $5.2m
- Revenue
- $242.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Cortlandt Manor, NY
- Founding
- 01/1986
- Data as of
- 12/2021
- EIN
- 13-3307781
Organization Overview
Foundation Of New York-Presbyterian Hudson Valley Hospital is located in Cortlandt Manor, NY. The organization was established in 1986. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, 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. Foundation Of New York-Presbyterian Hudson Valley 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 12/2021, Foundation Of New York-Presbyterian Hudson Valley Hospital generated $242.9k 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 (16.9%) each year. All expenses for the organization totaled $45.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (33.8%) 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
TO SOLICIT, RECEIVE AND ADMINISTER FUNDS TO BE APPLIED EXCLUSIVELY FOR CHARITABLE PURPOSES ON BEHALF OF THE HUDSON VALLEY HOSPITAL CENTER DBA NYP/HUDSON VALLEY HOSPITAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION OF NEWYORK-PRESBYTERIAN/HUDSON VALLEY HOSPITAL IS ORGANIZED TO SOLICIT, RECEIVE, AND ADMINISTER FUNDS TO BE APPLIED EXCLUSIVELY FOR CHARITABLE PURPOSES ON BEHALF OF THE HUDSON VALLEY HOSPITAL CENTER DBA NYP/HUDSON VALLEY HOSPITAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Former Executive Director | 0 | $0 |
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 | $228,687 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $228,687 |
| Total Program Service Revenue | $0 |
| Investment income | $13,002 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,251 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $242,940 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $15,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $11,571 |
| Information technology | $14,958 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $4,212 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $45,741 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,682,985 |
| Savings and temporary cash investments | $1,243,436 |
| 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 | $305,855 |
| Investments—publicly traded securities | $329,147 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $615,537 |
| Total assets | $5,176,960 |
| 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 |
| Net assets without donor restrictions | $3,024,833 |
| Net assets with donor restrictions | $2,152,127 |
| 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 | $5,176,960 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Foundation Of New York-Presbyterian Hudson Valley Hospital has recieved totaling $23,700.
| Awarding Organization | Amount |
|---|---|
Vanguard Charitable Endowment Program Southeastern, PA PURPOSE: FOR RECIPIENT'S EXEMPT PURPOSE | $10,000 |
The Wallace Foundation New York, NY PURPOSE: EMPLOYEE MATCHING GIFT-GENERAL SUPPORT | $7,000 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $6,700 |
Endowment Analysis
| Beg. Balance | $1,543,093 |
| Net Contributions | $184,410 |
| Other Expense | $75,415 |
| Ending Balance | $1,652,088 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vna Care Network Inc Worcester, MA | $53,895,058 | $9,740,895 |
The Foundation For Delaware County Media, PA | $70,292,526 | $12,697,458 |
St Francis Research And Educational Corporation Roslyn, NY | $9,987,779 | $6,062,261 |
New York City Retirees Health & Welfare Fund Lynbrook, NY | $40,321,331 | $11,937,808 |
Integrinurse Inc Pittsfield, MA | $570,096 | $8,159,741 |
Cooper Health Systems Camden, NJ | $99,186,980 | $12,310,432 |
Friends Of Indus Hospital Inc Teaneck, NJ | $6,718,451 | $9,579,244 |
Salem Physician Practices Pc Salem, NJ | $930,256 | $3,417,456 |
Agma Health Fund New York, NY | $16,660,760 | $8,070,955 |
Bryn Mawr Hospital Foundation Bryn Mawr, PA | $102,040,001 | $12,922,519 |
Baystate Health Foundation Inc Springfield, MA | $162,504,462 | $11,066,135 |
Hunterdon Healthcare System Inc Flemington, NJ | $3,951,978 | $7,578,810 |