Nyu Langone Hospitals

Organization Overview

Nyu Langone Hospitals is located in New York, NY. The organization was established in 1998. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 08/2019, Nyu Langone Hospitals employed 18,285 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 08/2019, Nyu Langone Hospitals generated $5.0b in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $4.6b during the year ending 08/2019. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

THE NYU LANGONE HOSPITALS' MISSION IS: COMMITTED TO MAKING WORLD-CLASS CONTRIBUTIONS THAT PLACE SERVICE TO HUMAN HEALTH AT THE CENTER OF AN ACADEMIC CULTURE DEVOTED TO EXCELLENCE IN RESEARCH, PATIENT CARE, AND EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE ONYU LANGONE HOSPITALS ("HOSPITALS") OWNS AND OPERATES FIVE INPATIENT ACUTE CARE FACILITIES AND OVER 35 AMBULATORY FACILITIES IN MANHATTAN, BROOKLYN, AND LONG ISLAND. THE MANHATTAN INPATIENT FACILITIES ARE THE KIMMEL PAVILION (WHICH ALSO HOUSES THE HASSENFELD CHILDREN'S HOSPITAL) AND TISCH HOSPITAL, LOCATED ON THE MAIN CAMPUS AT FIRST AVENUE AND EAST 34TH STREET WITH 844 LICENSED BEDS; NYU LANGONE ORTHOPEDIC HOSPITAL ("NYU ORTHOPEDICS"), A 225-BED FACILITY SPECIALIZING IN ORTHOPEDIC, NEUROLOGIC, AND RHEUMATOLOGIC SERVICES; NYU LANGONE HOSPITAL-BROOKLYN ("NYU BROOKLYN"), A 444-BED FACILITY IN THE SUNSET PARK SECTION OF BROOKLYN; AND NYU WINTHROP HOSPITAL ("WINTHROP"), A 591-BED FACILITY LOCATED IN MINEOLA, NEW YORK. AMBULATORY FACILITIES INCLUDE THE LAURA AND ISAAC PERLMUTTER CANCER CENTER ("CANCER CENTER"), THE AMBULATORY CARE CENTER, THE OUTPATIENT SURGERY CENTER, THE ORTHOPEDIC CENTER, A FREE-STANDING EMERGENCY DEPARTMENT IN THE COBBLE HILL SECTION OF BROOKLYN, THE BROOKLYN ENDOSCOPY AND AMBULATORY SURGERY CENTER IN THE MIDWOOD SECTION OF BROOKLYN AND LEVIT MEDICAL, A DIAGNOSTIC AND TREATMENT FACILITY WITH THREE LOCATIONS IN BROOKLYN.HOSPITALS HAD 100,682 DISCHARGES AND PROVIDED 1,659,163 OUTPATIENT VISITS (EMERGENCY ROOM - 284,599, CLINICAL CANCER CENTER - 405,062, 98,380 AMBULATORY SURGERY PROCEDURES AND 871,122 OTHER OUTPATIENT VISITS). PATIENTS REMAINED IN-HOUSE ON AVERAGE OF 4.9 DAYS, RESULTING IN 492,653 DAYS OF CARE PROVIDED.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Rtr Financial Services
Consulting
$16,198,199
Hospital Billing & Collection Service
Consulting
$16,050,007
Aya Healthcare
Staffing
$15,609,059
Turner Construction Co
Construction
$12,218,038
Fidelus Technologies
Consulting
$8,665,150
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$80,795,665
Investment income $22,610,068
Tax Exempt Bond Proceeds $2,399
Royalties $338,112
Net Rental Income -$5,135,460
Net Gain/Loss on Asset Sales $6,953,609
Net Income from Fundraising Events -$272,967
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,997,916,926

Grants Awarded

Over the last fiscal year, Nyu Langone Hospitals has awarded $913,467,371 in support to 2 organizations.

Grant RecipientAmount

NEW YORK UNIVERSITY - SCHOOL OF MEDICINE

Org PageRecipient Profile

New York, NY

PURPOSE: SUPPORT CLINICAL, EDUCATIONAL, AND RESEARCH ACTIVITIES OF NYU SCHOOL OF MEDICINE.

$882,312,690

SUNSET PARK HEALTH COUNCIL INC DBA FAMILY HEALTH CENTERS AT NYU LANGONE

Org PageRecipient Profile

Brooklyn, NY

PURPOSE: SUPPORT EDUCATIONAL TRAINING ACTIVITIES AT FAMILY HEALTH CENTERS AT NYU LANGONE.

$31,154,681
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Nyu Langone Hospitals has recieved totaling $3,284,691.

Awarding OrganizationAmount
Jewish Communal Fund

New York, NY

PURPOSE: General support

$2,257,691
Fink Family Foundation

Saratoga Springs, NY

PURPOSE: GENERAL CHARITABLE PURPOSES

$625,000
Edward John And Patricia Rosenwald Foundation

New York, NY

PURPOSE: GENERAL SUPPORT

$370,000
The Disability Fund Inc

Rockville Centre, NY

PURPOSE: EDUCATION/SOCIALIZATION/SPORTS

$10,000
Rothfeld Family Foundation Inc

Royal Palm Beach, FL

PURPOSE: UNRESTRICTED GRANT FOR DONEE'S EXEMPT PURPOSE

$10,000
Rothfeld Family Foundation Inc

Royal Palm Beach, FL

PURPOSE: UNRESTRICTED GRANT FOR DONEE'S EXEMPT PURPOSE

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$30,602,661
Earnings$3,287,950
Admin Expense$291,104
Net Contributions$72,758,263
Other Expense$1,202,045
Ending Balance$105,155,725

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