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Nonprofiteer
← NEWYORK-PRESBYTERIAN-QUEENS

Form 990 for tax year 2022

Filed by NEWYORK-PRESBYTERIAN-QUEENS.

Totals

Total revenue
$944,945,455
Total expenses
$970,274,549
Contributions and grants received
$2,287,029
Grants paid
$118,670,961
Program service revenue
$801,874,763
Investment income
$630,609
Other revenue
$140,153,054
Total assets, end of year
$931,365,247
Total liabilities, end of year
$878,655,797
Net assets or fund balances, end of year
$52,709,450
Program services expenses (Part IX)
$801,999,960
Management and general expenses
$168,017,949
Fundraising expenses
$256,640
Program service expenses (Part III)
$801,999,960

Program services were 82.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $42,200

  • 1e · Government grants (contributions)

    $1,525,899

  • 1f · All other contributions, gifts and grants

    $718,930

  • 1g · Noncash contributions included above

    $826,786

  • 2a · Program service revenue: CARE OF PATIENTS

    total $795,673,253 · related or exempt $791,977,193 · unrelated business $3,696,060

  • 2b · Program service revenue: PHARMACY

    total $6,201,510 · related or exempt $6,201,510

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $1,325 · excluded $1,325

  • 6a · Gross rents

    real property $1,148,301

  • 6c · Rental income or loss

    real property $1,148,301 · personal property $0

  • 6d · Net rental income or loss

    total $1,148,301 · excluded $1,148,301

  • 7a · Gross sales of assets other than inventory

    other assets $902,433

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

    other assets $273,149

  • 7c · Gain or loss

    securities $0 · other assets $629,284

  • 7d · Net gain or loss

    total $629,284 · excluded $629,284

  • 10a · Gross sales of inventory

    $386,429,911

  • 10b · Cost of goods sold

    $266,470,934

  • 10c · Net income from sales of inventory

    total $119,958,977 · related or exempt $115,146,120 · unrelated business $4,812,857

  • 11a · Other revenue: MSR AT BAYSIDE

    total $6,080,108 · excluded $6,080,108

  • 11b · Other revenue: REBATES

    total $3,822,656 · excluded $3,822,656

  • 11c · Other revenue: RAPID PARKING

    total $1,279,251 · excluded $1,279,251

  • 11d · All other revenue

    total $7,863,761 · related or exempt $0 · unrelated business $0 · excluded $7,863,761

  • 11e · Other revenue, total

    $19,045,776

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $116,186,778 · program services $116,186,778

  • 2 · Grants to domestic individuals

    total $2,484,183 · program services $2,484,183

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $5,882,762 · management and general $5,882,762

  • 7 · Other salaries and wages

    total $340,658,068 · program services $254,198,778 · management and general $86,459,290

  • 8 · Pension plan contributions

    total $12,134,974 · program services $9,055,108 · management and general $3,079,866

  • 9 · Other employee benefits

    total $71,918,268 · program services $53,665,354 · management and general $18,252,914

  • 10 · Payroll taxes

    total $23,686,231 · program services $17,674,646 · management and general $6,011,585

  • 11b · Fees: legal

    total $1,071,375 · management and general $1,071,375

  • 11c · Fees: accounting

    total $580,742 · management and general $580,742

  • 11d · Fees: lobbying

    total $203,396 · management and general $203,396

  • 11g · Fees: other

    total $156,791,837 · program services $122,178,039 · management and general $34,583,390 · fundraising $30,408

  • 12 · Advertising and promotion

    total $1,951,285 · program services $1,296,797 · management and general $495,238 · fundraising $159,250

  • 13 · Office expenses

    total $20,435,618 · program services $15,243,102 · management and general $5,186,576 · fundraising $5,940

  • 14 · Information technology

    total $8,789,310 · program services $6,558,576 · management and general $2,230,734

  • 16 · Occupancy

    total $20,358,916 · program services $19,589,448 · management and general $708,426 · fundraising $61,042

  • 17 · Travel

    total $137,136 · management and general $137,136

  • 19 · Conferences, conventions and meetings

    total $1,432,300 · management and general $1,432,300

  • 20 · Interest

    total $354,881 · program services $342,532 · management and general $12,349

  • 22 · Depreciation, depletion and amortization

    total $36,277,037 · program services $35,014,711 · management and general $1,262,326

  • 23 · Insurance

    total $9,271,071 · program services $9,008,231 · management and general $262,840

  • 24a · Other expenses: MEDICAL & PHARMACY SUPPLIES

    total $139,019,433 · program services $139,019,433

  • 24b · Other expenses: DUES/MEMBERSHIP

    total $586,344 · program services $437,529 · management and general $148,815

  • 24c · Other expenses: TAXES & LICENSE FEES

    total $62,604 · program services $46,715 · management and general $15,889

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $18,595 · end of year $63,370

  • 2 · Savings and temporary cash investments

    beginning of year $56,898,010 · end of year $75,395,966

  • 3 · Pledges and grants receivable

    beginning of year $0

  • 4 · Accounts receivable

    beginning of year $121,453,077 · end of year $119,605,428

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $27,951,093 · end of year $30,401,353

  • 9 · Prepaid expenses and deferred charges

    beginning of year $50,285,165 · end of year $86,771,501

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

    $927,116,579

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

    $569,093,110

  • 10c · Land, buildings and equipment, net

    beginning of year $334,921,204 · end of year $358,023,469

  • 12 · Investments: other securities

    beginning of year $54,509,207 · end of year $52,024,971

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $252,763,671 · end of year $209,079,189

  • 17 · Accounts payable and accrued expenses

    beginning of year $151,617,309 · end of year $181,607,646

  • 19 · Deferred revenue

    beginning of year $2,664,093 · end of year $1,338,607

  • 20 · Tax-exempt bond liabilities

    beginning of year $63,733 · end of year $63,733

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $630,955,602 · end of year $695,645,811

  • 27 · Net assets without donor restrictions

    beginning of year $97,507,139 · end of year $37,790,955

  • 28 · Net assets with donor restrictions

    beginning of year $15,992,146 · end of year $14,918,495

Mission and programs · 2022

Mission

TO BE THE PREMIER HEALTHCARE INSTITUTION SERVING OUR GREATER COMMUNITY BY PROVIDING EXCELLENCE IN CLINICAL CARE AND PATIENT SAFETY, EDUCATION, CLINICAL RESEARCH, AND SERVICE.

  • NewYork-Presbyterian/Queens (NYP/Q), located in the Borough of Queens in New York City, is a 535-bed licensed, not-for-profit medical center. NYP/Q has received a determination letter from the Internal Revenue Service that it is exempt from federal income taxes as an organization described in Section 501(c)(3) of the Internal Revenue Code. The Hospital is a voluntary, not-for-profit acute care community teaching hospital located in the Flushing section of Queens, New York. Presently, the Hospital provides medical and surgical services and has a certified bed capacity of 535. It was incorporated in 1974 as Booth Memorial Medical Center and changed its name to The New York Hospital Medical Center of Queens in 1992 in conjunction with its affiliation with The Society of the New York Hospital (now, The NewYork and Presbyterian Hospital). On July 1, 2015 NYP Community Programs, Inc. became the active parent of NewYork-Presbyterian/Queens and its subsidiaries. NYP Community Programs, Inc. (Community Programs) is the sole corporate member and active parent of Queens. The NewYork and Presbyterian Hospital (NYPH) is the sole member of Community Programs. NYPH is a major academic medical center that provides a full range of inpatient and outpatient services, mainly to residents of the New York metropolitan area. The Board of Trustees of NYPH consists of persons who have first been elected as members of NewYork-Presbyterian Foundation, Inc. (Foundation, Inc.). Community Programs, NYPH and Foundation, Inc. are each New York State not-for-profit corporations. Foundation, Inc. is related to a number of organizations. Services and Programs: The Hospital offers diagnostic and therapeutic services on an inpatient and outpatient basis in approximately 64 medical specialties and sub-specialties. NYP/Q has advanced capabilities in areas such as cardiac, general, and minimally invasive surgery. It receives tertiary inpatient referrals in the following service lines: Cardiovascular diseases, orthopedics, digestive diseases, Neuroscience, Obstetrics & Gynecology, Cancer and Kidney diseases. It operates a Level III Neonatal Intensive Care Unit and a Level I Trauma Center (both designed to handle the most severe cases). The Hospital Center provides the following programs as Centers of Excellence: The Neuroscience Institute, Cancer Center, Breast Center, Eye Center, Pediatric Asthma Center, and Obesity Surgery. NYP/Q has been designated by the New York State Department of Health ("DOH") as an AIDS Designated Center. The Ambulatory Care division provides adult and pediatric primary/preventive care at 13 sites throughout Queens County. Cardiac Services: The Hospital offers a variety of cardiac services including diagnostic and interventional cardiology, cardiac surgery, congestive heart failure and rehabilitation centers and cardiac research, education and prevention programs. The Cardiac Catheterization Laboratory at NYP/Q is one of only two interventional cardiology programs in Queens County, New York. The three catheterization laboratories at NYP/Q performed a combined 1,968 procedures in 2022. Now, physicians in the Electrophysiology Laboratory can implant new MRI-safe pacemakers for our patients and do atrial fibrillation ablation procedures. NYP/Q, in collaboration with The NewYork and Presbyterian Hospital and Weill Cornell Medicine, operates a cardiac surgery program at the NYP/Q campus. The Cardiac Health Center directs the Hospitals' education and prevention programs. Lectures and special events are regularly presented to the general public at the site and at community centers and health fairs throughout Queens County. The Cardiac Health Center provides primary and secondary cardiac rehabilitation programs, including nutrition services, monitored fitness exercise, and psycho-social counseling. Surgical Services: In 2022, NYP/Q performed 15,446 inpatient and ambulatory surgical cases. These operations ranged from minimally invasive surgical procedures such as laparoscopic cholecystectomy, robotic procedures and arthroscopic orthopedics to major open procedures such as aortic aneurysm repair and ablative and reconstructive surgery. NYP/Q's Department of Surgery has encouraged use of inpatient and outpatient minimally invasive surgery, which reduces hospital stays and recovery times. Primary care and community outreach: NYP/Q places particular emphasis on community health programs and outreach initiatives. The Hospital team reaches out to Queens's residents to support health education and awareness - offering free health fairs, health lectures, screening, support groups for patients and blood drives for employees. There is a community health advisory committee that is kept abreast of the latest offerings and clinical programs in the hospital. This commitment is expressed in its continued strategic expansion of community-based sites to enhance access throughout the Hospital's service area, and includes: The Trude Weishaupt Memorial Satellite Dialysis Center is a CMS Five Star facility (the "Dialysis Center") The Dialysis Center provides hemodialysis, chronic ambulatory peritoneal dialysis, and patient and family education. NYP/Q's renal hypertension division also provides outpatient ambulatory consultative services including the diagnosis and prevention of kidney stones, hypertension treatment and evaluation, and the management of kidney diseases. The Dialysis Center provided 32,481 treatments in 2022. As of December 31, 2022, there were approximately 1,736 physician, advanced practice providers and dentist members of the medical staff of the Hospital holding appointments in three categories: attending staff, emeritus staff and advanced practice providers. The medical and dental staff are organized into thirteen clinical departments: anesthesiology, cardiothoracic surgery, emergency medicine, medicine, obstetrics and gynecology, neurology, orthopedics and rehabilitation, pathology, pediatrics, radiation oncology, radiology, urology and surgery. The clinical departments include approximately 15 major services, subdivided further into 78 medical specialties and sub-specialties. The Hospital serves as tertiary care medical center that provides Graduate Medical Education for residency programs in Medicine, Surgery, Emergency medicine and Dental Medicine. Medical Center also offers fellowship training in Cardiology, GI, Pulmonary and Critical Care, Infectious disease, Palliative Care and Nephrology. In addition, the Hospital participates in training residents in obstetrics/gynecology, orthopedics, pediatrics, through rotating residencies affiliated with various facilities including NYPH (Cornell Medical Center), and The Hospital for Special Surgery. For The Year Ending December 31, 2022, NYP/Q reported the following statistics: Patient Discharges 28,293 Deliveries 2,622 Average Length of Stay 5.45 Private Ambulatory Laboratory 113,427 Private Ambulatory Radiology 31,987 Surgical Procedures 1,270 Cardiac Catheterizations 1,968 Ambulatory Surgery/Endoscopy 14,176 Emergency Encounters (Incl. Admits) 70,168 Ambulatory Care Visits 116,808 The Hospital provides quality medical care regardless of race, creed, sex, sexual orientation, national origin, handicap, age, or ability to pay. Although reimbursement for services rendered is critical to the operations and stability of the Hospital, it is recognized that not all individuals possess the ability to pay for essential medical services and, furthermore, the Hospital's mission is to serve the community with respect to health care and health care education. Therefore, in keeping with the Hospital's commitment to serving members of the community, the Hospital provides the following: charity care to the indigent; care to persons covered by governmental programs at below cost, and health care activities and programs to support the community. These activities include wellness programs, community education programs, health screenings, and a broad variety of community support services.

    Expenses $801,999,960 · Grants $118,670,961 · Revenue $913,324,823

As filed on the 2022 return.

Listed in Part VII

  • Jaclyn Mucaria

    DIRECTOR/PRESIDENT

    Total calculated
    $1,678,633
    From this org
    $0
    From related orgs
    $1,586,174
    Other
    $92,459
    Hours/week
    59 + 1 related

    Schedule J breakdown matched by us

    Base
    $0 + $755,330 related
    Bonus
    $0 + $364,320 related
    Other
    $0 + $466,524 related
    Deferred
    $0 + $43,430 related
    Nontaxable benefits
    $0 + $49,029 related
    Filer's total
    $0 + $1,678,633 related
  • Arthur D Dawson

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    10 + 0.5 related
  • Brian K Regan

    DIRECTOR

    Total calculated
    $665,726
    From this org
    $0
    From related orgs
    $597,032
    Other
    $68,694
    Hours/week
    1 + 59 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
  • Gerard D Robilotti

    DIRECTOR (THRU 5/2022)

    Total calculated
    $0
    Hours/week
    1
  • Joseph Ficalora

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kanak Golia

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michael B Meyer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michale Mattone

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Pavlos L Mavrides

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Veronica Y Tsang

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • William Wh Chiang

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Alan Levin

    VP, CHIEF NURSING OFFICER

    Total calculated
    $556,566
    From this org
    $0
    From related orgs
    $531,498
    Other
    $25,068
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $0 + $390,192 related
    Bonus
    $0 + $89,490 related
    Other
    $0 + $51,816 related
    Deferred
    $0 + $24,592 related
    Nontaxable benefits
    $0 + $476 related
    Filer's total
    $0 + $556,566 related
  • Amir Jaffer

    CHIEF MEDICAL OFFICER

    Total calculated
    $763,368
    From this org
    $0
    From related orgs
    $704,844
    Other
    $58,524
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $0 + $517,506 related
    Bonus
    $0 + $111,568 related
    Other
    $0 + $75,770 related
    Deferred
    $0 + $15,250 related
    Nontaxable benefits
    $0 + $43,274 related
    Filer's total
    $0 + $763,368 related
  • John V Campano

    SECRETARY

    Total calculated
    $643,427
    From this org
    $0
    From related orgs
    $558,080
    Other
    $85,347
    Hours/week
    1 + 59 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
  • Kevin J Ward

    SVP, TREASURER & CFO (THRU 6/2022)

    Total calculated
    $814,085
    From this org
    $761,404
    From related orgs
    $0
    Other
    $52,681
    Hours/week
    56 + 4 related

    Schedule J breakdown matched by us

    Base
    $628,489
    Bonus
    $107,571
    Other
    $25,344
    Deferred
    $12,200
    Nontaxable benefits
    $40,481
    Filer's total
    $814,085
  • 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 + 37 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
  • Michele Ryga

    TREASURER

    Total calculated
    $278,266
    From this org
    $254,388
    From related orgs
    $0
    Other
    $23,878
    Hours/week
    35 + 5 related

    Schedule J breakdown matched by us

    Base
    $251,643
    Bonus
    $0
    Other
    $2,745
    Deferred
    $23,000
    Nontaxable benefits
    $878
    Filer's total
    $278,266
  • Michelle Yuen Blanco

    ASSOC. G.C. & ASSIST. SEC.

    Total calculated
    $300,815
    From this org
    $10,218
    From related orgs
    $260,016
    Other
    $30,581
    Hours/week
    58 + 2 related

    Schedule J breakdown matched by us

    Base
    $10,218 + $254,103 related
    Bonus
    $0
    Other
    $0 + $5,912 related
    Deferred
    $0
    Nontaxable benefits
    $23,740 + $6,841 related
    Filer's total
    $33,958 + $266,857 related
  • William Wissemann

    SVP, CLO & SECRETARY (THRU 6/2022)

    Total calculated
    $575,834
    From this org
    $0
    From related orgs
    $546,634
    Other
    $29,200
    Hours/week
    57 + 3 related

    Schedule J breakdown matched by us

    Base
    $0 + $209,891 related
    Bonus
    $0 + $83,945 related
    Other
    $0 + $252,798 related
    Deferred
    $0 + $12,271 related
    Nontaxable benefits
    $0 + $16,929 related
    Filer's total
    $0 + $575,834 related
  • Anita Lu Chen

    VP OPERATIONS

    Total calculated
    $365,222
    From this org
    $2,274
    From related orgs
    $335,217
    Other
    $27,731
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $0 + $260,135 related
    Bonus
    $0 + $37,286 related
    Other
    $2,274 + $37,795 related
    Deferred
    $0
    Nontaxable benefits
    $17,482 + $10,249 related
    Filer's total
    $19,756 + $345,466 related
  • Mary Godfrey

    VP PATIENT PROC. CNTR CAP MGMT

    Total calculated
    $556,115
    From this org
    $2,428
    From related orgs
    $511,615
    Other
    $42,072
    Hours/week
    59 + 1 related

    Schedule J breakdown matched by us

    Base
    $0 + $356,059 related
    Bonus
    $0 + $122,713 related
    Other
    $2,428 + $32,842 related
    Deferred
    $0 + $15,250 related
    Nontaxable benefits
    $18,573 + $8,249 related
    Filer's total
    $21,001 + $535,113 related
  • Rachel Negron

    VP HUMAN RESOURCES

    Total calculated
    $439,491
    From this org
    $0
    From related orgs
    $382,692
    Other
    $56,799
    Hours/week
    59 + 1 related

    Schedule J breakdown matched by us

    Base
    $0 + $276,796 related
    Bonus
    $0 + $66,942 related
    Other
    $0 + $38,953 related
    Deferred
    $0 + $25,443 related
    Nontaxable benefits
    $0 + $31,356 related
    Filer's total
    $0 + $439,491 related
  • Andrea Olanescu

    PD GYN INHOUSE

    Total calculated
    $408,020
    From this org
    $407,340
    From related orgs
    $0
    Other
    $680
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $407,340
    Bonus
    $0
    Other
    $0
    Deferred
    $680
    Nontaxable benefits
    $0
    Filer's total
    $408,020
  • Donna Twiggs

    SR PA

    Total calculated
    $364,828
    From this org
    $331,748
    From related orgs
    $0
    Other
    $33,080
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $327,707
    Bonus
    $0
    Other
    $4,041
    Deferred
    $16,242
    Nontaxable benefits
    $16,838
    Filer's total
    $364,828
  • Jeffrey Rosen

    CHAIRMAN - ORTHOPEDIC SURGERY

    Total calculated
    $1,136,585
    From this org
    $1,060,172
    From related orgs
    $0
    Other
    $76,413
    Hours/week
    59 + 1 related

    Schedule J breakdown matched by us

    Base
    $1,036,634
    Bonus
    $0
    Other
    $23,538
    Deferred
    $24,400
    Nontaxable benefits
    $52,013
    Filer's total
    $1,136,585
  • Michael Csompo

    PHYSICIAN

    Total calculated
    $439,637
    From this org
    $398,354
    From related orgs
    $0
    Other
    $41,283
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $397,803
    Bonus
    $0
    Other
    $552
    Deferred
    $17,501
    Nontaxable benefits
    $23,782
    Filer's total
    $439,637
  • Sebastian Avolese

    DIRECTOR (MD)

    Total calculated
    $381,131
    From this org
    $325,576
    From related orgs
    $0
    Other
    $55,555
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $323,376
    Bonus
    $0
    Other
    $2,200
    Deferred
    $24,400
    Nontaxable benefits
    $31,155
    Filer's total
    $381,131
  • Caroline Keane

    FORMER KEY EMPLOYEE

    Total calculated
    $317,153
    From this org
    $279,507
    From related orgs
    $0
    Other
    $37,646
    Hours/week
    39 + 1 related

    Schedule J breakdown matched by us

    Base
    $277,707
    Bonus
    $0
    Other
    $1,799
    Deferred
    $22,273
    Nontaxable benefits
    $15,373
    Filer's total
    $317,153
  • Robert Blenderman

    FORMER KEY EMPLOYEE

    Total calculated
    $639,442
    From this org
    $0
    From related orgs
    $582,581
    Other
    $56,861
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $453,455 related
    Bonus
    $0 + $89,408 related
    Other
    $0 + $39,718 related
    Deferred
    $0 + $15,465 related
    Nontaxable benefits
    $0 + $41,396 related
    Filer's total
    $0 + $639,442 related
  • Thomas Evans

    FORMER KEY EMPLOYEE

    Total calculated
    $574,804
    From this org
    $0
    From related orgs
    $527,799
    Other
    $47,005
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $437,449 related
    Bonus
    $0 + $87,227 related
    Other
    $0 + $3,124 related
    Deferred
    $0 + $20,188 related
    Nontaxable benefits
    $0 + $26,817 related
    Filer's total
    $0 + $574,804 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

  • 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 3 Arrangement used to establish the top management official's compensation
COMPENSATION DECISIONS FOR THE PRESIDENT WAS DETERMINED BY A RELATED ORGANIZATION FOLLOWING THAT ORGANIZATION'S COMPENSATION POLICY.
Schedule J, Part I, Line 4a Severance or change-of-control payment
Wissemann William RECEIVED SEVERANCE PAY AMOUNT OF 206,538.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN AS REPORTED ON THE W-2: JACLYN MUCARIA: $375,268
Schedule J, Part I, Line 7 Non-fixed payments
SEE SCHEDULE O LINE 15 - FOR NON-FIXED PAYMENTS.
Part VII and Schedule J supplemental information
CERTAIN INDIVIDUALS OF THE NEW YORK AND PRESBYTERIAN HOSPITAL THAT ARE IDENTIFIED IN PART VII AS A DIRECTOR AND/OR OFFICERS OF THE NEWYORK-PRESBYTERIAN/QUEENS ARE RESPONSIBLE FOR EXECUTING THE MISSION AND MANAGEMENT OF THE NEW YORK AND PRESBYTERIAN HOSPITAL (NYP) AND ITS AFFILIATED ENTITIES. COMPENSATION FOR 2022 FOR THE UPPER-LEVEL EXECUTIVE 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 NUMBER 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 AND PRESBYTERIAN HOSPITAL AND OTHER RELATED ORGANIZATIONS IN THE AGGREGATE.

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

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

  • MSR AT BAYSIDE LLC

    Related · DIAG/TREATMENT · NY · 50% owned · share of income $4,698,600 · share of assets $39,368,499

    Directly controlled by NA

Related corporations and trusts

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

  • NYP PROGRAMS INC

    C Corporation · HEALTHCARE · NY

    Directly controlled by NYP FOUNDATION

  • NYP SERVICES INC

    C Corporation · HEALTHCARE · NY

    Directly controlled by NYP FOUNDATION

  • NEW YORK-PRESBYTERIAN GLOBAL INC

    C Corporation · INACTIVE · NY

    Directly controlled by NYP FOUNDATION

  • HARKNESS HALL CLUB INC

    C Corporation · INACTIVE · NY

    Directly controlled by NYP HOSPITAL

  • VERNON HILLS MEDICAL PRACTICE PC

    C Corporation · INACTIVE · NY

    Directly controlled by NYP HOSPITAL

  • NYP GLOBAL SERVICES INC

    C Corporation · INACTIVE · NY

    Directly controlled by NYP FUND INC

  • HUDSON VALLEY VENTURES INC

    C Corporation · INACTIVE · NY

    Directly controlled by WESTCHESTER PUT

  • AC VENTURES INC

    C Corporation · REAL ESTATE · NY

    Directly controlled by WESTCHESTER PUT

  • KNOWA VENTURES INC

    C Corporation · INACTIVE · NY

    Directly controlled by WESTCHESTER PUT

  • MSO OF KINGS COUNTY LLC

    C Corporation · EMPLOY/STAFFING · NY

    Directly controlled by NYP HOSPITAL

  • LC SERVICES CORPORATION

    C Corporation · INACTIVE · NY

    Directly controlled by LAWRENCE CARE

  • NETWORK INSURANCE COMPANY LTD

    C Corporation · REINSURANCE · BD

    Directly controlled by NYP SYSTEMS INC

  • CRT SURGICAL ASSOCIATES PC

    C Corporation · INACTIVE · NY · controlled entity

    Directly controlled by NYPQUEENS

Provenance

Return type
form_990
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202323199349306947

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