Skip to content
Nonprofiteer
← NEW YORK GRACIE SQUARE HOSPITAL INC

Form 990 for tax year 2022

Filed by NEW YORK GRACIE SQUARE HOSPITAL INC.

Totals

Total revenue
$78,114,603
Total expenses
$69,157,349
Contributions and grants received
$4,924,663
Grants paid
$111,820
Program services expenses (Part IX)
$57,288,669
Management and general expenses
$11,831,180
Fundraising expenses
$37,500
Program service expenses (Part III)
$57,288,669

Program services were 82.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • PHILIP J WILNER

    BOARD MEMBER/PRESIDENT

    Total calculated
    $0
    Hours/week
    15 + 45 related

  • RICHARD EINWECHTER

    BOARD MEMBER/ ASS'T TREASURER

    Total calculated
    $826,739
    From this org
    $0
    From related orgs
    $739,004
    Other
    $87,735
    Hours/week
    2 + 58 related

    Schedule J breakdown matched by us

    Base
    $0 + $484,131 related
    Bonus
    $0 + $204,098 related
    Other
    $0 + $50,774 related
    Deferred
    $0 + $46,113 related
    Nontaxable benefits
    $0 + $41,622 related
    Filer's total
    $0 + $826,739 related

  • ADAM OWETT SR

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • BRIAN K REGAN

    BOARD MEMBER

    Total calculated
    $665,726
    From this org
    $0
    From related orgs
    $597,032
    Other
    $68,694
    Hours/week
    2 + 58 related

    Schedule J breakdown matched by us

    Base
    $0 + $343,581 related
    Bonus
    $0 + $210,450 related
    Other
    $0 + $43,001 related
    Deferred
    $0 + $35,833 related
    Nontaxable benefits
    $0 + $32,861 related
    Filer's total
    $0 + $665,726 related

  • DAVID WYMAN

    BOARD MEMBER

    Total calculated
    $925,084
    From this org
    $0
    From related orgs
    $879,840
    Other
    $45,244
    Hours/week
    2 + 58 related

    Schedule J breakdown matched by us

    Base
    $0 + $587,395 related
    Bonus
    $0 + $210,001 related
    Other
    $0 + $82,444 related
    Deferred
    $0 + $18,996 related
    Nontaxable benefits
    $0 + $26,248 related
    Filer's total
    $0 + $925,085 related

  • JOHN ZIRINSKY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • JOSEPH PEYRONNIN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • KAREN WESTERVELT

    BOARD MEMBER/ CHAIRMAN

    Total calculated
    $1,460,255
    From this org
    $0
    From related orgs
    $1,398,488
    Other
    $61,767
    Hours/week
    2 + 58 related

    Schedule J breakdown matched by us

    Base
    $0 + $748,520 related
    Bonus
    $0 + $521,738 related
    Other
    $0 + $128,231 related
    Deferred
    $0 + $22,406 related
    Nontaxable benefits
    $0 + $39,361 related
    Filer's total
    $0 + $1,460,255 related

  • LORINDA DE ROULET

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • NAZIM B MALATYALI

    BOARD MEMBER

    Total calculated
    $772,734
    From this org
    $0
    From related orgs
    $703,839
    Other
    $68,895
    Hours/week
    2 + 58 related

    Schedule J breakdown matched by us

    Base
    $0 + $484,000 related
    Bonus
    $0 + $153,542 related
    Other
    $0 + $66,297 related
    Deferred
    $0 + $21,572 related
    Nontaxable benefits
    $0 + $47,323 related
    Filer's total
    $0 + $772,734 related

  • JOHN V CAMPANO

    SECRETARY

    Total calculated
    $643,427
    From this org
    $0
    From related orgs
    $558,080
    Other
    $85,347
    Hours/week
    2 + 58 related

    Schedule J breakdown matched by us

    Base
    $0 + $383,369 related
    Bonus
    $0 + $130,821 related
    Other
    $0 + $43,890 related
    Deferred
    $0 + $43,199 related
    Nontaxable benefits
    $0 + $42,148 related
    Filer's total
    $0 + $643,427 related

  • MELISSA E WELCH

    ASS'T SECRETARY

    Total calculated
    $216,466
    From this org
    $0
    From related orgs
    $181,801
    Other
    $34,665
    Hours/week
    1 + 34 related

    Schedule J breakdown matched by us

    Base
    $0 + $176,332 related
    Bonus
    $0 + $5,313 related
    Other
    $0 + $156 related
    Deferred
    $0 + $18,695 related
    Nontaxable benefits
    $0 + $15,970 related
    Filer's total
    $0 + $216,466 related

  • MICHAEL P BRESLIN

    TREASURER

    Total calculated
    $2,293,059
    From this org
    $0
    From related orgs
    $2,214,819
    Other
    $78,240
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,209,820 related
    Bonus
    $0 + $809,119 related
    Other
    $0 + $195,881 related
    Deferred
    $0 + $23,000 related
    Nontaxable benefits
    $0 + $55,240 related
    Filer's total
    $0 + $2,293,059 related

  • DONNA T ANTHONY

    CHIEF MEDICAL OFFICER

    Total calculated
    $467,062
    From this org
    $422,996
    From related orgs
    $0
    Other
    $44,066
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $347,117
    Bonus
    $75,879
    Other
    $0
    Deferred
    $30,500
    Nontaxable benefits
    $13,566
    Filer's total
    $467,062

  • MARGARET MANCUSO

    CHIEF ADMINISTRATIVE OFFICER

    Total calculated
    $335,764
    From this org
    $304,272
    From related orgs
    $0
    Other
    $31,492
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $37,944
    Bonus
    $54,063
    Other
    $212,265
    Deferred
    $18,300
    Nontaxable benefits
    $13,192
    Filer's total
    $335,764

  • MICHAEL RADOSTA

    CHIEF NURSING & QUAL. OFFICER

    Total calculated
    $525,360
    From this org
    $0
    From related orgs
    $471,969
    Other
    $53,391
    Hours/week
    34 + 26 related

    Schedule J breakdown matched by us

    Base
    $0 + $352,940 related
    Bonus
    $0 + $92,133 related
    Other
    $0 + $26,897 related
    Deferred
    $0 + $28,820 related
    Nontaxable benefits
    $0 + $24,571 related
    Filer's total
    $0 + $525,360 related

  • NATASHA BOWMAN

    CHIEF HR OFFICER

    Total calculated
    $334,107
    From this org
    $282,432
    From related orgs
    $0
    Other
    $51,675
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $98,245
    Bonus
    $51,631
    Other
    $132,557
    Deferred
    $14,405
    Nontaxable benefits
    $37,270
    Filer's total
    $334,107

  • TIMOTHY P MCGARVEY

    EXECUTIVE DIRECTOR & CNO

    Total calculated
    $350,934
    From this org
    $0
    From related orgs
    $307,513
    Other
    $43,421
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $0 + $282,635 related
    Bonus
    $0 + $24,223 related
    Other
    $0 + $654 related
    Deferred
    $0 + $39,696 related
    Nontaxable benefits
    $0 + $3,725 related
    Filer's total
    $0 + $350,934 related

  • HINA DAR

    RN

    Total calculated
    $210,709
    From this org
    $209,513
    From related orgs
    $0
    Other
    $1,196
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $205,513
    Bonus
    $3,700
    Other
    $300
    Deferred
    $0
    Nontaxable benefits
    $1,196
    Filer's total
    $210,709

  • JUN B LEE

    PER DIEM MD

    Total calculated
    $844,934
    From this org
    $309,476
    From related orgs
    $468,941
    Other
    $66,517
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $309,476 + $467,108 related
    Bonus
    $0
    Other
    $0 + $1,833 related
    Deferred
    $18,300 + $13,502 related
    Nontaxable benefits
    $0 + $34,716 related
    Filer's total
    $327,776 + $517,158 related

  • MARILOU TOLENTINO

    RN

    Total calculated
    $216,959
    From this org
    $216,283
    From related orgs
    $0
    Other
    $676
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $214,483
    Bonus
    $1,500
    Other
    $300
    Deferred
    $0
    Nontaxable benefits
    $676
    Filer's total
    $216,959

  • NIESHA WESTMORELAND

    PER DIEM PSYCH

    Total calculated
    $269,270
    From this org
    $256,448
    From related orgs
    $0
    Other
    $12,822
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $256,448
    Bonus
    $0
    Other
    $0
    Deferred
    $12,822
    Nontaxable benefits
    $0
    Filer's total
    $269,270

  • XIAORONG YAN

    PER DIEM MD

    Total calculated
    $270,802
    From this org
    $255,354
    From related orgs
    $0
    Other
    $15,448
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $255,354
    Bonus
    $0
    Other
    $0
    Deferred
    $15,328
    Nontaxable benefits
    $120
    Filer's total
    $270,802

  • GARY J ZUAR

    FORMER OFFICER

    Total calculated
    $912,714
    From this org
    $0
    From related orgs
    $912,262
    Other
    $452
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $26,835 related
    Bonus
    $0 + $380,303 related
    Other
    $0 + $505,124 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $452 related
    Filer's total
    $0 + $912,715 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 4a Severance or change-of-control payment
RECEIVED SEVERANCE PAY: NATASHA BOWMAN: $128,269.18 MARGARET MANCUSO: $193,423.05
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN AS REPORTED ON THE W-2: GARY ZUAR: $477,510
Schedule J, Part I, Line 7 Non-fixed payments
ALL BONUSES ARE GRANTED AT THE DISCRETION OF AND APPROVED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES; THEY ARE BASED ON THE ACHIEVEMENT OF PREDETERMINED GOALS AND OBJECTIVES.
Schedule J, Part I PART VII AND SCHEDULE J SUPPLEMENTAL INFORMATION
CERTAIN EMPLOYEES OF THE NEW YORK PRESBYTERIAN HOSPITAL THAT ARE IDENTIFIED IN PART VII AS OFFICERS OR TRUSTEES OF THE NEW YORK GRACIE SQUARE HOSPITAL INC. ARE RESPONSIBLE FOR EXECUTING THE MISSION AND MANAGEMENT OF THE NEW YORK PRESBYTERIAN HOSPITAL (NYP) AND ITS AFFILIATED ENTITIES. COMPENSATION FOR 2022 OF THESE UPPER LEVEL EXECUTIVES INCLUDES THE PAYOUT OF AN ANNUAL INCENTIVE PLAN AND A LONG-TERM INCENTIVE PLAN. THIS PERFORMANCE-ORIENTED PROGRAM CONDITIONS PAYMENTS UPON THE ACHIEVEMENT OF MULTIPLE INDIVIDUAL AND GROUP PERFORMANCE MEASURES. MEASURES TO MONITOR PERFORMANCE INCLUDE OPERATIONAL AND FINANCIAL STRENGTH, PATIENT QUALITY AND SAFETY, PATIENT SATISFACTION, ADVANCEMENT OF PATIENT CARE, AND PEOPLE DEVELOPMENT AND PARTNERSHIP. INCENTIVE AWARDS MAY ONLY BE GRANTED IF THE ORGANIZATION ACHIEVES A FINANCIAL SURPLUS. EVEN IF ALL RELEVANT PERFORMANCE MEASUREMENTS ARE ACHIEVED, THE NYP BOARD OF TRUSTEES RETAINS FULL DISCRETION TO MAKE OR NOT MAKE ANY INCENTIVE AWARDS, OR TO REDUCE THE AMOUNT OF ANY INCENTIVE AWARD. THIS INITIATIVE IS CRITICAL TO ASSURING THAT NYP HAS THE REQUISITE LEADERSHIP TO CREATE AND MANAGE A HIGHLY MOTIVATED AND ENGAGED WORKFORCE, DRIVE SUPERIOR PERFORMANCE THROUGHOUT THE ORGANIZATION, AND ACHIEVE TOP TIER MEDICAL CENTER STATUS. AS A SEPARATE MATTER, DUE TO RESTRICTIONS IMPOSED BY THE INTERNAL REVENUE CODE, UPPER LEVEL EXECUTIVES ARE LIMITED IN THE AMOUNT OF BENEFITS RECEIVED UNDER A TAX-QUALIFIED RETIREMENT PLAN. LIKE MANY EMPLOYERS, NYP SUPPLEMENTS THESE EXECUTIVES' PENSION BENEFITS THROUGH A SUPPLEMENTAL ("NONQUALIFIED") RETIREMENT PLAN. THE SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) IS SUBJECT TO A MULTI-YEAR VESTING REQUIREMENT (COMMENCING AFTER FIVE YEARS OF PARTICIPATION IN THE SERP, IN PRORATED AMOUNTS THROUGH AGE 65) WHICH PLACES AN EXECUTIVE'S SUPPLEMENTAL RETIREMENT BENEFIT AT RISK OF FORFEITURE IF THE VESTING REQUIREMENTS ARE NOT SATISFIED. ONCE VESTED, HOWEVER, PROVISIONS OF THE INTERNAL REVENUE CODE REQUIRE THAT THE VESTED EXECUTIVE INCLUDE IN CURRENT INCOME THE VALUE OF HIS OR HER VESTED SUPPLEMENTAL RETIREMENT BENEFIT. NOTWITHSTANDING THE LEGAL REQUIREMENT TO RECOGNIZE THE VESTED VALUE OF THE SUPPLEMENTAL RETIREMENT BENEFIT AS CURRENT INCOME, THE SUPPLEMENTAL RETIREMENT BENEFIT WILL NOT BE DISTRIBUTED TO THE EXECUTIVE UNTIL THE EXECUTIVE ACTUALLY RETIRES FROM NYP (ALTHOUGH, AS PERMITTED BY THE INTERNAL REVENUE CODE, THE SUPPLEMENTAL RETIREMENT PLAN WILL EFFECT A DISTRIBUTION OF AN AMOUNT NECESSARY TO SATISFY THE EXECUTIVE'S TAX LIABILITY RESULTING FROM THE INCOME RECOGNITION UPON VESTING). AS NOTED, THIS SUPPLEMENTAL RETIREMENT BENEFIT WILL NOT BE DISTRIBUTED TO THE EXECUTIVE UNTIL THE EXECUTIVE ACTUALLY RETIRES FROM NYP. THERE ARE CONSTANTLY CHANGING LEGAL, TAX, ACCOUNTING, AND PUBLIC DISCLOSURE RULES FOR A SERP (SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN) IN NOT-FOR-PROFIT ORGANIZATIONS. THE EXECUTIVE COMPENSATION COMMITTEE CONTINUOUSLY MONITORS THESE CHANGES AND INCORPORATES ANY CHANGES INTO THE OVERALL SERP PLAN DESIGN. AS IN PAST YEARS, THE EXECUTIVE COMPENSATION COMMITTEE OF NYP REQUIRES A THIRD PARTY TO COMPLETE A REVIEW OF THE ORGANIZATION'S COMPENSATION PROGRAM TO ENSURE ITS EFFECTIVENESS IN TERMS OF GOVERNMENT REGULATIONS, MARKET CONDITIONS, AND THE NEED TO CONTINUALLY ELEVATE ORGANIZATIONAL PERFORMANCE. THE REPORT ALSO SERVES TO MEET THE REGULATORY OBLIGATIONS TO ENSURE THAT ALL ELEMENTS OF THE EXECUTIVE COMPENSATION PROGRAMS ARE REASONABLE. THE INDIVIDUALS LISTED IN PART VII THAT ARE COMPENSATED BY NEW YORK PRESBYTERIAN HOSPITAL DEVOTE AN AVERAGE OF SIXTY HOURS PER WEEK TO PERFORM THEIR RESPONSIBILITIES FOR THE NEW YORK PRESBYTERIAN HOSPITAL AND OTHER RELATED ORGANIZATIONS IN THE AGGREGATE. THE INDIVIDUALS LISTED IN PART VII THAT ARE COMPENSATED BY THE NEW YORK GRACIE SQUARE HOSPITAL, UNLESS OTHERWISE INDICATED, DEVOTE AN AVERAGE OF SIXTY HOURS PER WEEK TO PERFORM THEIR RESPONSIBILITIES FOR THE NEW YORK GRACIE SQUARE HOSPITAL.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
14 November 2023
IRS schema version
2022v5.0
Source object
202333189349309948

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.