NEWYORK-PRESBYTERIANLAWRENCE HOSPITAL Charity Report

Tax-exempt status may be revoked

NEWYORK-PRESBYTERIANLAWRENCE HOSPITAL

EIN 13-1740110 · Textile MillsT

What they do

NEWYORK-PRESBYTERIAN/LAWRENCE HOSPITAL(NYP/LAWRENCE) is AN ACUTE CARE HOSPITAL LOCATED IN BRONXVILLE, NEW YORK. ESTABLISHED OVER A CENTURY AGO IN 1909, NYP/LAWRENCE HAS A LONG and IMPORTANT HISTORY PROVIDING SUPERIOR HEALTHCARE to THE RESIDENTS of SOUTHERN WESTCHESTER COUNTY and ITS SURROUNDING COMMUNITIES. CARE is PROVIDED WITHOUT REGARD to A PATIENTS RACE, AGE, SEXUAL ORIENTATION, NATIONAL ORIGIN or ABILITY to PAY. THE HOSPITAL PROVIDES ACUTE INPATIENT CARE, MATERNAL SERVICES, EMERGENCY and EXPANSIVE OUTPATIENT SERVICES INCLUDING THE LATEST IN DIAGNOSTIC TESTING and LABORATORY SERVICE, AMBULATORY SURGERY OPTIONS, WOMENS IMAGING CENTER and OUTPATIENT REHABILITATIVE CARE AT TWO OFFSITE FACILITIES LOCATED IN EASTCHESTER and SCARSDALE.

Before you give

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This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2018The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders20 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

90.96%of revenue went to mission work87.5% of expenses · Program services

$104.01spent for every $100 of revenueSpending was higher than revenue this year.

13.05%of revenue went to management and office costs12.5% of expenses

0.0%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $2,884,229 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $173,944 for EDWARD M DINAN (FORMER OFFICER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2018

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$71,990,325

Mission workProgram services$65,480,06290.96% of revenue87.5% of expenses

ManagementOffice and general costs$9,394,49213.05% of revenue12.5% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$74,874,554104.01% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2018CurrentExpense mix: 87.5% mission · 12.5% management · 0.0% fundraisingTotal expenses: 104.01% of revenue

2016Expense mix: 77.9% mission · 21.9% management · 0.2% fundraisingTotal expenses: 104.18% of revenue

Money in and money out

Revenue$71,990,325

Expenses$74,874,554

Annual shortfall $2,884,229 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$65,480,062 · 87.5% of expenses

Management and office costs$9,394,492 · 12.5% of expenses

See all reported dollar amounts

Revenue$71,990,325

Expenses$74,874,554

Income$71,990,325

Contributions$32,864

Mission work (program services)$65,480,062

Grants given$10,116,164

Average grant$1,264,521

Management and general$9,394,492

Executive compensation (total)$857,618

Stocks and bonds$5,439,557

Accounting fees$103,161

People

Leadership and board

Tax year 2018

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

EDWARD M DINANFORMER OFFICER $173,944Base $172,062 · Other $1,882

RATHINDRA BANIKPHYSICIAN ER · 40 hrs/week $150,768Base $145,206 · Other $5,562

LAURIE WALSHVP PATIENT CARE SERVICE · 60 hrs/week $139,363Base $125,887 · Other $13,476

TIMOTHY HUGHESSVP BUSINESS DEVELOPMENT · 60 hrs/week $130,278Base $115,884 · Other $14,394

CARLOS FLORESDIRECTOR ER · 40 hrs/week $129,041Base $120,499 · Other $8,542

BRIAN FAHNRICHPHYSICIAN ER · 40 hrs/week $122,709Base $119,773 · Other $2,936

SUSAN SCHOEPPVP FINANCE · 60 hrs/week $119,466Base $111,610 · Other $7,856

SALEEM BACUSPHYSICIAN ER · 40 hrs/week $116,562Base $113,559 · Other $3,003

RACHEL NEGRON-ROSARIOVP HUMAN RESOURCES · 60 hrs/week $114,304Base $102,574 · Other $11,730

JAMES KEOGHVP SUPPORT SERVICES · 60 hrs/week $113,217Base $98,539 · Other $14,678

INGRID MUDGEPHYSICIAN ER · 40 hrs/week $106,217Base $96,603 · Other $9,614

MICHAEL FOSINADIRECTOR/PRESIDENT · 40 hrs/week $12,596Base · Other $12,596

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (20)

EDWARD M DINANFORMER OFFICER

RATHINDRA BANIKPHYSICIAN ER

LAURIE WALSHVP PATIENT CARE SERVICE

TIMOTHY HUGHESSVP BUSINESS DEVELOPMENT

CARLOS FLORESDIRECTOR ER

BRIAN FAHNRICHPHYSICIAN ER

SUSAN SCHOEPPVP FINANCE

SALEEM BACUSPHYSICIAN ER

RACHEL NEGRON-ROSARIOVP HUMAN RESOURCES

JAMES KEOGHVP SUPPORT SERVICES

INGRID MUDGEPHYSICIAN ER

MICHAEL FOSINADIRECTOR/PRESIDENT

BRIAN REGANDIRECTOR

PHYLLIS R LANTOSFORMER OFFICER

KATHLEEN BURKESECRETARY

MARY TAYLOR BEHRENSDIRECTOR

RICHARD DRESDALECHAIRMAN

LISA SMITH BARRDIRECTOR

THOMAS J WELLINGDIRECTOR

DENNIS E GLAZERDIRECTOR

About this charity

Location: 55 PALMER AVENUE, BRONXVILLE, NY 10708
County: Westchester
In care of: MICHAEL FOSINA
Primary officer: MICHAEL FOSINA, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(914) 787-1000

Filing and classification

Latest tax year: 2018
Tax period began: January 1, 2018
Return type: 990
Tax preparer: ERNST & YOUNG US LLP
IRS tax category: Textile MillsT
Grant-giving organization: Yes
Revocation date: September 15, 2021