Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $1,400,000

• 1c · Fundraising events

  $1,114,883

• 1d · Related organizations

  $6,026,000

• 1e · Government grants (contributions)

  $2,040,000

• 1f · All other contributions, gifts and grants

  $10,585,487

• 1g · Noncash contributions included above

  $2,040,000

• 2a · Program service revenue: PATIENT PROGRAM SERVIC

  total $486,033,410 · related or exempt $486,033,410

• 2b · Program service revenue: PATHOLOGY PATIENT REVE

  total $3,439,015 · related or exempt $3,439,015

• 2c · Program service revenue: OUTREACH LAB

  total $2,813,875 · unrelated business $2,813,875

• 2d · Program service revenue: IVF SERVICE INCOME

  total $577,024 · related or exempt $577,024

• 3 · Investment income

  total $7,543,198 · excluded $7,543,198

• 6a · Gross rents

  real property $3,852,739

• 6b · Less rental expenses

  real property $2,963,645

• 6c · Rental income or loss

  real property $889,094

• 6d · Net rental income or loss

  total $889,094 · excluded $889,094

• 7a · Gross sales of assets other than inventory

  securities $73,813,181 · other assets $19,662

• 7b · Less cost or other basis and sales expenses

  securities $63,557,775 · other assets $0

• 7c · Gain or loss

  securities $10,255,406 · other assets $19,662

• 7d · Net gain or loss

  total $10,275,068 · excluded $10,275,068

• 8a · Fundraising events: gross income

  $90,000

• 8a · Fundraising events: contributions included on line 1c

  $1,114,883

• 8b · Fundraising events: direct expenses

  $519,336

• 8c · Net income from fundraising events

  total -$429,336 · excluded -$429,336

• 11a · Other revenue: OTHER ANCILLARY REVENU

  total $1,628,479 · related or exempt $1,628,479

• 11b · Other revenue: AUXILIARY

  total $1,472,453 · related or exempt $1,472,453

• 11c · Other revenue: CAFETERIA/FOOD SALES

  total $1,298,471 · related or exempt $1,298,471

• 11d · All other revenue

  total -$48,759 · unrelated business -$48,759

• 11e · Other revenue, total

  $4,350,644

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $184,093 · program services $184,093

• 2 · Grants to domestic individuals

  total $56,447 · program services $56,447

• 5 · Compensation of officers, directors and key employees

  total $2,839,123 · management and general $2,839,123

• 7 · Other salaries and wages

  total $164,615,401 · program services $151,086,858 · management and general $11,918,672 · fundraising $1,609,871

• 8 · Pension plan contributions

  total $3,000,284 · program services $2,753,712 · management and general $225,255 · fundraising $21,317

• 9 · Other employee benefits

  total $28,081,072 · program services $25,773,292 · management and general $1,834,821 · fundraising $472,959

• 10 · Payroll taxes

  total $11,532,332 · program services $10,584,574 · management and general $865,823 · fundraising $81,935

• 11a · Fees: management

  total $383,877 · program services $352,329 · management and general $31,548

• 11b · Fees: legal

  total $75,952 · program services $69,710 · management and general $6,242

• 11c · Fees: accounting

  total $13,178 · program services $12,095 · management and general $1,083

• 11d · Fees: lobbying

  total $116,586 · program services $107,005 · management and general $9,581

• 11f · Fees: investment management

  total $385,797 · program services $354,091 · management and general $31,706

• 11g · Fees: other

  total $159,904,269 · program services $146,762,900 · management and general $13,141,369

• 13 · Office expenses

  total $5,604,823 · program services $4,428,873 · management and general $908,376 · fundraising $267,574

• 16 · Occupancy

  total $17,362,936 · program services $15,936,003 · management and general $1,182,770 · fundraising $244,163

• 17 · Travel

  total $340,404 · program services $312,428 · management and general $13,068 · fundraising $14,908

• 20 · Interest

  total $432,804 · program services $397,235 · management and general $35,569

• 21 · Payments to affiliates

  total $15,457,017 · program services $15,457,017

• 22 · Depreciation, depletion and amortization

  total $18,605,296 · program services $17,076,262 · management and general $1,529,034

• 23 · Insurance

  total $8,923,913 · program services $8,190,521 · management and general $733,392

• 24a · Other expenses: PHARMACEUTICAL SUPPLIES

  total $52,688,490 · program services $48,358,406 · management and general $4,330,084 · fundraising $0

• 24b · Other expenses: MEDICAL SUPPLY EXPENSE

  total $41,186,905 · program services $37,802,053 · management and general $3,384,852 · fundraising $0

• 24c · Other expenses: EDUCATION AND OTHER EMP

  total $1,728,232 · program services $1,586,202 · management and general $125,294 · fundraising $16,736

• 24d · Other expenses: MEMBERSHIP DUES & FEES

  total $666,283 · program services $611,526 · management and general $50,368 · fundraising $4,389

• 24e · All other expenses

  total $317,860 · program services $253,125 · management and general $64,735

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $16,828,426 · end of year $0

• 2 · Savings and temporary cash investments

  beginning of year $1,794,514 · end of year $1,010,910

• 3 · Pledges and grants receivable

  beginning of year $9,771,646 · end of year $10,306,142

• 4 · Accounts receivable

  beginning of year $68,637,990 · end of year $70,550,547

• 7 · Other notes and loans receivable

  beginning of year $8,939,039 · end of year $10,816,575

• 8 · Inventories for sale or use

  beginning of year $8,569,360 · end of year $9,235,310

• 9 · Prepaid expenses and deferred charges

  beginning of year $15,047,391

• 10a · Land, buildings and equipment: cost or other basis

  $519,366,912

• 10b · Land, buildings and equipment: accumulated depreciation

  $304,499,014

• 10c · Land, buildings and equipment, net

  beginning of year $225,004,525 · end of year $214,867,898

• 12 · Investments: other securities

  beginning of year $394,026,089 · end of year $420,641,407

• 15 · Other assets

  beginning of year $108,039,890 · end of year $70,899,380

• 17 · Accounts payable and accrued expenses

  beginning of year $58,888,562 · end of year $52,305,661

• 18 · Grants payable

  beginning of year $8,400

• 20 · Tax-exempt bond liabilities

  beginning of year $14,271,070 · end of year $10,861,792

• 25 · Other liabilities

  beginning of year $162,707,940 · end of year $102,159,142

• 27 · Net assets without donor restrictions

  beginning of year $441,562,028 · end of year $449,407,292

• 28 · Net assets with donor restrictions

  beginning of year $179,220,870 · end of year $193,594,282

The filer's explanations (Part III)

PART I, LINE 3

THE FILING ORGANIZATION DOES NOT HAVE AND/OR COMPENSATE ITS OWN CEO/EXECUTIVE DIRECTOR. THESE POSITIONS ARE FILLED BY EMPLOYEES OF A RELATED ORGANIZATION(S) AND COMPENSATED THROUGH THE RESPECTIVE RELATED ORGANIZATION(S). THE METHOD(S) USED BY THE RELATED ORGANIZATION(S) FOR DETERMINING COMPENSATION FOR THESE INDIVIDUALS ARE: -COMPENSATION COMMITTEE -INDEPENDENT COMPENSATION CONSULTANT -COMPENSATION SURVEY OR STUDY -APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE

PART I, LINE 4B

THE INDIVIDUALS LISTED BELOW HAVE RECEIVED SEVERANCE OR ARE PARTICIPANTS IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. THE SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN ACCRUALS ARE INCLUDED IN THE AMOUNTS REPORTED IN PART II, COLUMN C (DEFERRED COMPENSATION) AND REPRESENTS BOTH THE REPORTING ENTITY'S AND RELATED ENTITY'S COMBINED AMOUNTS CONSISTENT WITH THE COMPENSATION REPORTING PER IRS INSTRUCTIONS. SEVERANCE NONQUALIFIED EQUITY-BASED DIANE KELLY $0 $191,912 $0 PAMELA SUTTON-WALLACE $0 $120,000 $0 MARC KOSAK $0 $ 88,499 $0 THE SUPPLEMENTAL RETIREMENT INCOME PLAN (SRIP) / EXECUTIVE DEFERRED COMPENSATION ACCOUNT PLAN (EDCAP) ARE DESIGNED TO ENSURE THE PAYMENT OF A COMPETITIVE LEVEL OF RETIREMENT INCOME WHEN ADDED TO OTHER SOURCES OF RETIREMENT INCOME IN ORDER TO ATTRACT AND RETAIN KEY MANAGEMENT EMPLOYEES SERVING AS SENIOR LEADERS. THE PLAN PROVIDES SUPPLEMENTAL RETIREMENT INCOME THROUGH AN UNFUNDED, NONQUALIFIED DEFERRED COMPENSATION ARRANGEMENT UNDER SECTION 457(F) AND THROUGH A DEFERRED COMPENSATION PLAN UNDER SECTION 409A OF THE INTERNAL REVENUE CODE AND A MANAGEMENT OR HIGHLY COMPENSATED EMPLOYEES' PLAN UNDER THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA). THE FOLLOWING REPORTED INDIVIDUAL(S) RECEIVED A PAYMENT FROM A NONQUALIFIED PLAN. THE PAYMENT WAS MADE DIRECTLY TO THE INDIVIDUAL(S) FROM THE RABBI TRUST AND REPORTED IN THE INDIVIDUALS' 2022 FORM W-2 ISSUED BY THE RABBI TRUST: NORMAN ROTH $96,565

PART I, LINE 7

THE SHORT TERM INCENTIVE PLAN (STIP) IS A VARIABLE COMPENSATION PLAN WHICH PROVIDES ONE-TIME PAYMENTS TO ELIGIBLE MEMBERS OF MANAGEMENT IN RECOGNITION OF THE ACCOMPLISHMENT OF KEY ORGANIZATIONAL AND INDIVIDUAL PERFORMANCE OBJECTIVES. PERFORMANCE LEVELS ARE ESTABLISHED AND REVIEWED ANNUALLY AT THRESHOLD, TARGET AND MAXIMUM LEVELS, ACCORDING TO PLANNED "STRETCH" GOALS AND OBJECTIVES. INCENTIVE AWARD OPPORTUNITIES ARE ESTABLISHED ACCORDING TO MARKET PRACTICES BASED ON EACH ELIGIBLE POSITION'S RESPONSIBILITIES, PERFORMANCE AND LEVEL OF AUTHORITY. PERFORMANCE RELATIVE TO STIP AWARD OPPORTUNITIES INCORPORATES A BROAD SPECTRUM OF PRE-DEFINED FINANCIAL AND NON-FINANCIAL METRICS THAT ARE ALIGNED WITH ORGANIZATIONAL MISSION AND VALUES.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• GREENWICH CLINICAL PATHOLOGY ASSOCIATES LLC

  HEALTHCARE SERVICES · CT · income $325,955 · assets $67,971

  Directly controlled by GREENWICH HOSPITAL

• GREENWICH PATHOLOGY ASSOCIATES LLC

  HEALTHCARE SERVICES · CT · income $3,600,489 · assets $755,422

  Directly controlled by GREENWICH HOSPITAL

• GH REALTY HOLDING LLC

  REAL ESTATE · CT · income $0 · assets $0

  Directly controlled by GREENWICH HOSPITAL

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• SHORELINE ENDOSCOPY CENTER LLC (SEE PART VII)

  HEALTHCARE SERVICES · CT

• YALE NEW HAVEN HEALTH SYSTEM INVESTMENT

  INVESTMENT · DE

• YNHHSCUSP SURGERY CENTERS LLC

  HEALTHCARE SERVICES · CT

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• CORPORATE PROFESSIONAL BUSINESS SERVICESINC

  C · MANAGEMENT SERVICES · CT · controlled entity

• YALE NEW HAVEN AMBULATORY SERVICES

  C · HEALTHCARE SERVICES · CT · controlled entity

• GREENWICH FERTILITY & IVF PC

  C · HEALTHCARE SERVICES · CT · controlled entity

• YNHH-PHYSICIANS CORP

  C · ADMINISTRATIVE SERVICES · CT · controlled entity

• MEDICAL CENTER PHARMACY AND HOME CARE CENTER INC

  C · PHARMACY · CT · controlled entity

• GREENWICH OCCUPATIONAL HEALTH SERVICES OF NY PC

  C · HEALTHCARE SERVICES · NY · controlled entity

• GREENWICH OCCUPATIONAL HEALTH SERVICES OF NEW JERSEY

  C · HEALTHCARE SERVICES · NJ · controlled entity

• L & M SYSTEMS INC

  C · HEALTHCARE RELATED SERVICES · CT · controlled entity

• L&M HOME CARE SERVICES INC

  C · HOME THERAPY · CT · controlled entity