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Nonprofiteer
← GREATER NEW YORK HOSPITAL FOUNDATION INC

Form 990 for tax year 2023

Filed by GREATER NEW YORK HOSPITAL FOUNDATION INC.

Totals

Total revenue
$367,591
Total expenses
$621,323
Contributions and grants received
$190,000
Grants paid
$0
Program service revenue
not reported
Investment income
not reported
Other revenue
not reported
Total assets, end of year
not reported
Total liabilities, end of year
not reported
Net assets or fund balances, end of year
not reported
Program services expenses (Part IX)
$511,009
Management and general expenses
$110,314
Fundraising expenses
$0
Program service expenses (Part III)
$511,009

Program services were 82.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • PHILIP OZUAH

    TREASURER (THRU 5/23); CHAIR

    Total calculated
    $0
    Hours/week
    0.13 + 1.13 related
  • PATRICK M O'SHAUGHNESSY

    SECRETARY (THRU 5/23); VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.13 + 1.13 related
  • MITCHELL KATZ

    VICE CHAIR HEALTH & HOSPITALS

    Total calculated
    $0
    Hours/week
    0.13 + 1.13 related
  • JEFFREY I FARBER

    VICE CHAIR LONG TERM CARE

    Total calculated
    $0
    Hours/week
    0.13 + 1.13 related
  • DONALD BOYD

    ASST TREAS (THRU 5/23); TREASURER

    Total calculated
    $0
    Hours/week
    0.13 + 1.13 related
  • SELWYN M VICKERS

    SECRETARY (AS OF 6/23)

    Total calculated
    $0
    Hours/week
    0.13 + 1.13 related
  • RICHARD DAVIS

    ASSISTANT TREASURER (AS OF 6/23)

    Total calculated
    $0
    Hours/week
    0.13 + 1.13 related
  • DAVID PERLSTEIN

    ASSISTANT SECRETARY

    Total calculated
    $0
    Hours/week
    0.13 + 1.13 related
  • COLLEEN M BLYE

    CHAIR, AUDIT & COMPLIANCE COMMITTEE

    Total calculated
    $0
    Hours/week
    0.13 + 1.13 related
  • KENNETH GIBBS

    CHAIR (THRU 5/23); IMMED PAST CHAIR

    Total calculated
    $0
    Hours/week
    0.13 + 1.13 related
  • LARAY BROWN

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    0.13 + 1.13 related
  • STEVEN CORWIN

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    0.13 + 1.13 related
  • ROBERT GROSSMAN

    PAST CHAIR (AS OF 6/23)

    Total calculated
    $0
    Hours/week
    0.13 + 1.13 related
  • KENNETH DAVIS

    PAST CHAIR (AS OF 6/23)

    Total calculated
    $0
    Hours/week
    0.13 + 1.13 related
  • MICHAEL DOWLING

    PAST CHAIR (AS OF 6/23)

    Total calculated
    $0
    Hours/week
    0.13 + 1.13 related
  • KATHRYN MARTIN

    VICE CHAIR (THRU 5/23)

    Total calculated
    $0
    Hours/week
    0.13 + 1.13 related
  • KIMBERLY BOYNTON

    AT LARGE (THRU 5/23)

    Total calculated
    $0
    Hours/week
    0.13 + 1.13 related
  • LOUIS A SHAPIRO

    PAST CHAIR (THRU 5/23)

    Total calculated
    $0
    Hours/week
    0.13 + 1.13 related
  • KENNETH E RASKE

    PRESIDENT

    Total calculated
    $3,181,990
    From this org
    $0
    From related orgs
    $3,076,455
    Other
    $105,535
    Hours/week
    0.08 + 34.92 related

    Schedule J breakdown matched by us

    Base
    $0 + $2,218,514 related
    Bonus
    $0 + $838,000 related
    Other
    $0 + $19,941 related
    Deferred
    $0 + $55,314 related
    Nontaxable benefits
    $0 + $50,221 related
    Filer's total
    $0 + $3,181,990 related
  • LEE H PERLMAN

    EVP, CHIEF ADMIN/FINANCE OFFICER

    Total calculated
    $3,804,294
    From this org
    $0
    From related orgs
    $3,730,470
    Other
    $73,824
    Hours/week
    0.08 + 34.92 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,723,552 related
    Bonus
    $0 + $1,988,000 related
    Other
    $0 + $18,918 related
    Deferred
    $0 + $32,925 related
    Nontaxable benefits
    $0 + $40,899 related
    Filer's total
    $0 + $3,804,294 related
  • TIMOTHY JOHNSON

    EXECUTIVE DIRECTOR

    Total calculated
    $481,449
    From this org
    $0
    From related orgs
    $411,845
    Other
    $69,604
    Hours/week
    4.17 + 30.83 related

    Schedule J breakdown matched by us

    Base
    $0 + $406,221 related
    Bonus
    $0 + $2,000 related
    Other
    $0 + $3,624 related
    Deferred
    $0 + $21,450 related
    Nontaxable benefits
    $0 + $48,154 related
    Filer's total
    $0 + $481,449 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, and on a Form 990-PF Part VIII's — 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
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
COMPENSATION OF THE FOUNDATION'S EXECUTIVE DIRECTOR IS ESTABLISHED BY THE COMPENSATION COMMITTEE OF GREATER NEW YORK HOSPITAL ASSOCIATION, WHOSE MEMBERS, LIKEWISE, ALSO SERVE ON THE FOUNDATION'S BOARD OF DIRECTORS OR AS OFFICERS OF THE FOUNDATION. THE ASSOCIATION, AS NOTED IN FORM 990, PART VI, LINE 7, IS THE FOUNDATION'S SOLE VOTING MEMBER. GREATER NEW YORK HOSPITAL ASSOCIATION USED THE FOLLOWING METHODS TO ESTABLISH COMPENSATION: COMPENSATION COMMITTEE INDEPENDENT COMPENSATION CONSULTANT FORM 990 OF OTHER ORGANIZATIONS COMPENSATION SURVEY OR STUDY APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE
PART I, LINE 4B
SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN THE COMPENSATION REPORTED IN BOTH FORM 990 PART VII AND SCHEDULE J IS PAID BY A RELATED FOR-PROFIT CORPORATION, GNYHA MANAGEMENT CORPORATION. TWO OFFICERS, KENNETH E. RASKE AND LEE PERLMAN PARTICIPATE IN SUPPLEMENTAL NONQUALIFIED DEFERRED COMPENSATION PLANS OFFERED THROUGH GNYHA MANAGEMENT CORPORATION. IN CALENDAR YEAR 2023, NO CONTRIBUTIONS TO, OR DISTRIBUTIONS FROM, THE PLAN WERE MADE TO THESE INDIVIDUALS.
PART II:
TIMOTHY JOHNSON IS THE EXECUTIVE DIRECTOR OF THE ORGANIZATION AND AN EMPLOYEE OF A RELATED ORGANIZATION, GNYHA MANAGEMENT CORPORATION. HIS SALARY AND BENEFIT AMOUNTS ARE PAID BY GNYHA MANAGEMENT CORPORATION AND A PORTION IS ALLOCATED TO THE FOUNDATION BASED ON THE SERVICES HE RENDERS. FOR THE YEAR ENDED 12/31/2023, THE ALLOCATED AMOUNT OF HIS SALARY IS $48,905 AND THE ALLOCATED AMOUNT OF FRINGE BENEFITS IS $8,265.

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

No itemized grants to organizations 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
2023
Filed
6 November 2024
IRS schema version
2023v5.1
Source object
202413119349302576

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