New York And Presbyterian Hospital

New York And Presbyterian Hospital Overview

New York And Presbyterian Hospital is located in New York, NY. The organization was established in 1997. 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 12/2019, New York And Presbyterian Hospital employed 32,025 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, New York And Presbyterian Hospital generated $6.7b in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $6.4b during the year ending 12/2019. While expenses have increased by 7.1% per year over the past 5 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.

Since 2014, New York And Presbyterian Hospital has awarded 326 individual grants totaling $110,685,249. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

TO BE A LEADER IN THE PROVISION OF WORLD CLASS PATIENT CARE, TEACHING, RESEARCH, AND SERVICE TO LOCAL, STATE, NATIONAL, AND INTERNATIONAL COMMUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE NEW YORK AND PRESBYTERIAN HOSPITAL PROVIDES QUALITY MEDICAL CARE REGARDLESS OF RACE, CREED, SEX, SEXUAL ORIENTATION, NATIONAL ORIGIN, HANDICAP, AGE, OR ABILITY TO PAY. ALTHOUGH REIMBURSEMENT FOR SERVICES RENDERED IS CRITICAL TO THE OPERATIONS AND STABILITY OF THE HOSPITAL, THE HOSPITAL RECOGNIZES THAT NOT ALL INDIVIDUALS POSSESS THE ABILITY TO PAY FOR ESSENTIAL MEDICAL SERVICES AND, FURTHERMORE, THE HOSPITAL'S MISSION IS TO SERVE THE COMMUNITY WITH RESPECT TO HEALTH CARE. THEREFORE, IN KEEPING WITH THE HOSPITAL'S COMMITMENT TO SERVE ALL MEMBERS OF THE COMMUNITY, THE HOSPITAL PROVIDES THE FOLLOWING: FREE AND REDUCED PRICE MEDICAL CARE (FINANCIAL ASSISTANCE/CHARITY CARE) TO THE INDIGENT; CARE TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS AT BELOW-COST; SUBSIDIZED HEALTH SERVICES; AND HEALTH CARE ACTIVITIES, MEDICAL EDUCATION AND PROGRAMS TO SUPPORT THE COMMUNITY. COMMUNITY BENEFIT ACTIVITIES INCLUDE WELLNESS PROGRAMS, COMMUNITY EDUCATION PROGRAMS, HEALTH SCREENINGS, AND A BROAD VARIETY OF COMMUNITY SUPPORT SERVICES, HEALTH PROFESSIONAL EDUCATION, AND SUBSIDIZED HEALTH SERVICES. THE HOSPITAL HAD 139,008 DISCHARGES AND PROVIDED 1,082,573 OUTPATIENT VISITS (CLINIC 624,378 EMERGENCY ROOM 337,563) PLUS 120,632 AMBULATORY SURGERY PROCEDURES.


Do You Work With Nonprofits?Intellispect helps service providers identify nonprofit prospects and make contact with decision makers.

New York And Presbyterian Hospital Board, Officers & Key Employees

Name (title)Compensation
Steven J Corwin
President & Ceo/trustee
$9,163,395
Laura L Forese
Evp & COO
$4,972,422
Maxine Frank
Evp, G.c. & Clo Thru 3/2019
$2,405,480
William Lee
SVP - Chief Invest Officer
$2,113,567
Herbert Pardes
Executive Vice Chairman
$2,095,517
Dov N Schwartzben
SVP - Finance
$2,067,307

New York And Presbyterian Hospital Vendors

Vendor Name (Service)Compensation
Turner Construction Co
Construction
$144,680,756
The Seiden Group Inc
Advertising
$33,314,594
Bovis Lend Lease
Construction
$20,713,997
Amn Healthcare Inc
Nurse Staffing
$25,758,471
Hm Hughes Co Inc
Construction
$14,105,280
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$108,522,753
Government grants $33,766,291
All other contributions, gifts, grants, and similar amounts not included above$21,808,729
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$164,097,773
Total Program Service Revenue$6,488,190,839
Investment income $18,514,375
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$12,775,783
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,714,154,880

New York And Presbyterian Hospital Grants Awarded

Over the last fiscal year, New York And Presbyterian Hospital has awarded $79,880,165 in support to 84 organizations.

Grant RecipientAmount

LAWRENCE MEDICAL ASSOCIATES PC

Org PageRecipient Profile

Bronxville, NY

PURPOSE: Support

$49,787,552

NEWYORK-PRESBYTERIANQUEENS HOSPITAL

Org PageRecipient Profile

Flushing, NY

PURPOSE: SUPPORT

$12,885,827

THE WESTCHESTER MEDICAL PRACTICE PC

Org PageRecipient Profile

Yorktown Heights, NY

PURPOSE: SUPPORT

$8,000,004

THE NEW YORK GRACIE SQUARE HOSPITAL INC

Org PageRecipient Profile

New York, NY

PURPOSE: SUPPORT

$7,229,515

AFYA FOUNDATION INC

Org PageRecipient Profile

Yonkers, NY

|

$305,987

LINCOLN CENTER FOR THE PERFORMING ARTS INC

Org PageRecipient Profile

New York, NY

|

$79,000
View Grant Profile

New York And Presbyterian Hospital Grants Recieved

Over the last fiscal year, we have identified 17 grants that New York And Presbyterian Hospital has recieved totaling $1,446,087.

Awarding OrganizationAmount
Jewish Communal Fund

New York, NY

PURPOSE: General support

$378,790
Grace F Lamb Trust B

Pittsburgh, PA

PURPOSE: GENERAL OPERATING PURPOSES

$247,245
E Bamberger Est Art 5th Perp Char Trust

New York, NY

PURPOSE: GENERAL PURPOSE GRANT

$247,102
Joyce And Daniel Cowin Fdn Inc

New York, NY

PURPOSE: CHARITY

$200,000
Rothfeld Family Foundation Inc

Royal Palm Beach, FL

PURPOSE: UNRESTRICTED GRANT FOR DONEE'S EXEMPT PURPOSE

$100,000
Rothfeld Family Foundation Inc

Royal Palm Beach, FL

PURPOSE: UNRESTRICTED GRANT FOR DONEE'S EXEMPT PURPOSE

$100,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$425,985
Earnings$26,370
Admin Expense$10,494
Net Contributions$2,405
Ending Balance$444,266

New York And Presbyterian Hospital Peer Organizations

Create a Free Account

Create an account to unlock the data you need.

or
I