Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: NET PATIENT REVENUE

  total $13,893,993 · related or exempt $13,893,993

• 11a · Other revenue: INSURANCE REIMBURS.

  total $3,300,000 · related or exempt $3,300,000

• 11b · Other revenue: OTHER ANCILLARY REV.

  total $1,987 · excluded $1,987

• 11e · Other revenue, total

  $3,301,987

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $9,649,713 · program services $8,361,476 · management and general $1,288,237

• 9 · Other employee benefits

  total $1,892,013 · program services $1,639,429 · management and general $252,584

• 10 · Payroll taxes

  total $676,470 · program services $586,161 · management and general $90,309

• 11b · Fees: legal

  total $1,383 · program services $1,198 · management and general $185

• 11c · Fees: accounting

  total $5,676 · program services $4,918 · management and general $758

• 11g · Fees: other

  total $5,310,646 · program services $4,601,675 · management and general $708,971

• 13 · Office expenses

  total $828,504 · program services $717,899 · management and general $110,605

• 16 · Occupancy

  total $899,717 · program services $779,605 · management and general $120,112

• 22 · Depreciation, depletion and amortization

  total $444,313 · program services $384,997 · management and general $59,316

• 23 · Insurance

  total $31,875 · program services $27,620 · management and general $4,255

• 24a · Other expenses: PHARMACY EXPENSE

  total $723,031 · program services $626,506 · management and general $96,525

• 24b · Other expenses: MED/SURGICAL SUPPLIES

  total $634,577 · program services $549,861 · management and general $84,716

• 24c · Other expenses: DUES FEES & MEMBERSHIP

  total $27,862 · program services $24,142 · management and general $3,720

• 24d · Other expenses: MISCELLANEOUS

  total $8,606 · program services $7,458 · management and general $1,148

Balance sheet

Part X, book values.

• 4 · Accounts receivable

  beginning of year $567,982 · end of year $887,182

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,500 · end of year $0

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

  $10,847,636

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

  $2,742,209

• 10c · Land, buildings and equipment, net

  beginning of year $8,529,446 · end of year $8,105,427

• 14 · Intangible assets

  beginning of year $701,000 · end of year $701,000

• 15 · Other assets

  beginning of year $104,636 · end of year $2,364,737

• 17 · Accounts payable and accrued expenses

  beginning of year $1,901,962 · end of year $2,011,521

• 25 · Other liabilities

  beginning of year $43,193,802 · end of year $49,176,431

• 27 · Net assets without donor restrictions

  beginning of year -$35,191,200 · end of year -$39,129,606

Itemized on Schedule J with no Part VII listing of the same name on this return:

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, LINES 4A-B

LINE 4B, SUPPLEMENTAL NONQUALIFIED RETIREMENT PLANS: THE INDIVIDUALS LISTED BELOW ARE PARTICIPANTS IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. THESE 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 THAT HAVE NOT YET BEEN VESTED CONSISTENT WITH THE COMPENSATION REPORTING PER IRS. SEVERANCE NONQUALIFIED EQUITY-BASED VINCENT TAMMARO $1,040,000 - - THOMAS J. BALCEZAK - 295,280 - 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 INDIVIDUALS LISTED BELOW BECAME VESTED IN BENEFITS VALUED AT THE AMOUNT RESPECTIVELY REPORTED BELOW DURING THE REPORTING YEAR. INCLUDED IN SECTION II, COLUMN B (III) ARE AMOUNTS VESTED DURING THE 2023 CALENDAR YEAR THAT WERE RECOGNIZED AS TAXABLE EVENTS AND REPORTED IN THE INDIVIDUALS' 2023 CALENDAR YEAR FORM W-2. SRIP EDCAP THOMAS J. BALCEZAK $167,594 THE REPORTED INDIVIDUAL(S) BELOW RECEIVED PAYMENTS THROUGHOUT THE YEAR FROM THE NONQUALIFIED PLAN. THE FOLLOWING PAYMENT WAS MADE DIRECTLY TO THEM FROM THE RABBI TRUST: VINCENT TAMMARO - $157,525

PART I, LINE 7

NON-FIXED PAYMENTS CAN BE EARNED UP TO AN ADDITIONAL 3% OF ELIGIBLE EARNINGS THROUGH PIP (PERFORMANCE INCENTIVE PLAN). THE PERCENTAGE EARNED IS BASED ON THE ORGANIZATION'S FISCAL YEAR PERFORMANCE ON ITS GOALS FOR SAFETY/QUALITY, PATIENT EXPERIENCE, EMPLOYEE ENGAGEMENT, AND FINANCIAL PERFORMANCE.

Related partnerships

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

• YALE NEW HAVEN HEALTH SYSTEM INVESTMENT TRUST

  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

• GREENWICH FERTILITY & IVF PC

  C · HEALTHCARE SERVICES · CT · controlled entity

• GREENWICH OCCUPATIONAL HEALTH SERVICES OF NEW JERSEY

  C · HEALTHCARE SERVICES · NJ · controlled entity

• GREENWICH OCCUPATIONAL HEALTH SERVICES OF NY PC

  C · HEALTHCARE SERVICES · NY · 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

• MEDICAL CENTER PHARMACY AND HOME CARE CENTER INC

  C · PHARMACY · CT · controlled entity

• YALE NEW HAVEN AMBULATORY SERVICES

  C · HEALTHCARE SERVICES · CT · controlled entity

• YNHH-PHYSICIANS CORP

  C · ADMINISTRATIVE SERVICES · CT · controlled entity

• URGENT CARE MEDICAL ASSOCIATES OF MA LLC

  C · URGENT CARE SERVICES · MA · controlled entity

• URGENT CARE MEDICAL OF NEW YORK LLC

  C · URGENT CARE SERVICES · CT · controlled entity