THE NEW YORK AND PRESBYTERIAN HOSPITAL Charity Report

Public IRS 990 nonprofit record

THE NEW YORK AND PRESBYTERIAN HOSPITAL

EIN 13-3957095 · Health Care (E220)

What they do

to BE A LEADER IN THE PROVISION of WORLD CLASS PATIENT CARE, TEACHING, RESEARCH, and SERVICE to LOCAL, STATE, NATIONAL, and INTERNATIONAL COMMUNITIES. NEWYORK-PRESBYTERIAN HOSPITAL is ONE of THE NATIONS MOST COMPREHENSIVE, INTEGRATED ACADEMIC HEALTH CARE DELIVERY SYSTEMS, DEDICATED to PROVIDING THE HIGHEST QUALITY, MOST COMPASSIONATE CARE and SERVICE to PATIENTS IN THE NEW YORK METROPOLITAN AREA, NATIONALLY, and THROUGHOUT THE GLOBE. IN COLLABORATION WITH TWO RENOWNED MEDICAL SCHOOLS, WEILL CORNELL MEDICINE and COLUMBIA UNIVERSITY COLLEGE of PHYSICIANS and SURGEONS, NEWYORK PRESBYTERIAN HOSPITAL is CONSISTENTLY RECOGNIZED AS A LEADER IN MEDICAL EDUCATION, GROUNDBREAKING RESEARCH, and INNOVATIVE, PATIENT-CENTERED CLINICAL CARE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $85.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

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 checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

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

They name their leaders100 people are listed in the latest report.

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

Money made simple

80.59%of revenue went to mission work85.0% of expenses · Program services

$94.87spent for every $100 of revenueRevenue covered expenses this year.

14.28%of revenue went to management and office costs15.0% of expenses

$2.16in assets for every $1 spent this yearSome assets cannot be spent right away.

1.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

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.

Pay context: The highest compensation shown in this filing is $26,271,976 for STEVEN J CORWIN (PRESIDENT & CEO/TRUSTEE). 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 2024

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$10,662,065,094

Mission workProgram services$8,592,856,45880.59% of revenue85.0% of expenses

ManagementOffice and general costs$1,522,019,25214.28% of revenue15.0% of expenses

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

Revenue left after expensesReported annual surplus$547,189,3845.13% of revenueShown in gray on the chart

Total expenses$10,114,875,71094.87% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

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

2024CurrentExpense mix: 85.0% mission · 15.0% management · 0.0% fundraisingTotal expenses: 94.87% of revenue

2023Expense mix: 83.5% mission · 16.5% management · 0.0% fundraisingTotal expenses: 95.14% of revenue

2022Expense mix: 84.7% mission · 15.3% management · 0.0% fundraisingTotal expenses: 95.84% of revenue

2021Expense mix: 84.7% mission · 15.3% management · 0.0% fundraisingTotal expenses: 96.11% of revenue

2020Expense mix: 83.3% mission · 16.7% management · 0.0% fundraisingTotal expenses: 108.26% of revenue

2019Expense mix: 85.4% mission · 14.6% management · 0.0% fundraisingTotal expenses: 95.35% of revenue

2018Expense mix: 86.2% mission · 13.8% management · 0.0% fundraisingTotal expenses: 94.40% of revenue

2017Expense mix: 85.9% mission · 14.1% management · 0.0% fundraisingTotal expenses: 92.76% of revenue

Money in and money out

Revenue$10,662,065,094

Expenses$10,114,875,710

Annual surplus $547,189,384 Revenue was higher than expenses 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)$8,592,856,458 · 85.0% of expenses

Management and office costs$1,522,019,252 · 15.0% of expenses

See all reported dollar amounts

Revenue$10,662,065,094

Expenses$10,114,875,710

Assets$21,869,325,248

Income$10,718,587,567

Contributions$193,594,383

Mission work (program services)$8,592,856,458

Grants given$733,046,076

Average grant$908,359

Management and general$1,522,019,252

Executive compensation (total)$46,841,402

Stocks and bonds$439,531,659

Accounting fees$5,633,872

Investing fees$57,258

People

Leadership and board

Tax year 2024

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

People reported as paid

Person and titleCompensation

STEVEN J CORWINPRESIDENT & CEO/TRUSTEE · 40 hrs/week $26,271,976Base $23,299,889 · Other $2,972,087

LAURA L FORESEFORMER OFFICER $6,490,931Base $6,251,405 · Other $239,526

BRIAN DONLEYEVP & COO · 34 hrs/week $5,425,655Base $4,596,942 · Other $828,713

MICHAEL P BRESLINGSVP, CFO & TREASURER · 40 hrs/week $3,273,376Base $3,178,968 · Other $94,408

ANNE DINNEENSVP - CHIEF INVEST OFFICER · 19 hrs/week $2,854,650Base $2,776,459 · Other $78,191

MARY BETH CLAUSGSVP, CLO & GENERAL COUNSEL · 49 hrs/week $2,529,622Base $2,479,210 · Other $50,412

DOV N SCHWARTZBENSVP - FINANCE · 60 hrs/week $2,505,130Base $2,394,864 · Other $110,266

WILHELMINA MANZANOGSVP & CHIEF NURSING OFFICER · 59 hrs/week $2,410,008Base $2,206,732 · Other $203,276

PARESH SHAHGSVP CHIEF OPERATING OFFICER · 60 hrs/week $2,168,581Base $2,090,410 · Other $78,171

DEVIKA MATHRANISVP, CHIEF MARKETING & COMM OFFICER · 60 hrs/week $2,015,997Base $1,985,352 · Other $30,645

PETER FLEISCHUTGSVP CHIEF INFO. AND TRANSFORMATION OFFICER · 60 hrs/week $1,966,942Base $1,922,860 · Other $44,082

SHAUN E SMITHGSVP CHIEF PEOPLE AND CULTURE OFFICER · 58 hrs/week $1,961,951Base $1,898,490 · Other $63,461

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 (100)

STEVEN J CORWINPRESIDENT & CEO/TRUSTEE

LAURA L FORESEFORMER OFFICER

BRIAN DONLEYEVP & COO

MICHAEL P BRESLINGSVP, CFO & TREASURER

ANNE DINNEENSVP - CHIEF INVEST OFFICER

MARY BETH CLAUSGSVP, CLO & GENERAL COUNSEL

DOV N SCHWARTZBENSVP - FINANCE

WILHELMINA MANZANOGSVP & CHIEF NURSING OFFICER

PARESH SHAHGSVP CHIEF OPERATING OFFICER

DEVIKA MATHRANISVP, CHIEF MARKETING & COMM OFFICER

PETER FLEISCHUTGSVP CHIEF INFO. AND TRANSFORMATION OFFICER

SHAUN E SMITHGSVP CHIEF PEOPLE AND CULTURE OFFICER

JOSEPH A IENUSOGSVP-FACIL & REAL ESTATE

SUSAN MASCITELLISVP-PAT SVCS-LIASON TO BOARD

JACLYN MUCARIAPRESIDENT QUEENS (THRU 4/2024)

LAUREEN HILLFORMER KEY EMPLOYEE

WILLIAM J FARRELLSVP-FINANCE

KAREN WESTERVELTGSVP CHIEF OF REGUL. PLAN AND STRAT. INITIATIVES

COLLEEN KOCHGSVP COO

DEEPA KUMARAIAHSVP & CHIEF MEDICAL OFFICER

SHEILA KELLYSVP CHIEF DEVELOPMENT OFFICER

PAUL J DUNPHEYSVP COO ALLEN & AMBULATORY CARE

MIRIAM RIKESVP FINANCE

STACEY PETROWERPRESIDENT QUEENS

KERRY S DEWITTCOS TO PRES AND CEO AND SVP COMM

TIFFANY SULLIVANSVP/COO PHYSICIAN SERVICES

JUAN MEJIAPRESIDENT METHODIST

PAUL N CASALEEXECUTIVE DIRECTOR NY QUALITY

RICHARD EVANSSVP & CHIEF EXPERIENCE OFFICER

EMME DELANDFORMER KEY EMPLOYEE

PIERRE SALDINGERSVP PERIOPERATIVE SVCS.

RICHARD EINWECHTERVP. FINANCIAL OPERATIONS

JENNINGS R ASKEFORMER KEY EMPLOYEE

HERBERT PARDESEXECUTIVE VICE CHAIRMAN (THRU 5/2024)

JOHN V CAMPANOVP, SEN. COUNS. & CORP. SEC.

VANESSA MURPHYDIRECTOR, ASSOC. GC. & DEPUTY CORP. SEC.

MELISSA E WELCHASST CORP. SEC.

MARY BRAUNSDORFASST CORP. SEC.

ABIGAIL BLACK ELBAUMTRUSTEE

ADAM SILVERTRUSTEE

ADEBAYO O OGUNLESICO- CHAIRMAN

ALFRED F KELLY JRTRUSTEE

AMIE RATH NUTTALLTRUSTEE

ANDREW DAVISTRUSTEE

ANDREW M SYNDERTRUSTEE

ANGELA M MILLSTRUSTEE

ANTHONY A TAMERTRUSTEE

ANTHONY A YOSELOFFTRUSTEE

BENNETT J GOODMANTRUSTEE

BRAD S KARPTRUSTEE

BRIAN KELLYTRUSTEE

BRUCE A BEAL JRTRUSTEE

CARYN SEIDMAN BECKERTRUSTEE

CC MELVIN IKETRUSTEE

CHARLES KAYECO-CHAIRMAN

CHRISTINA MCINERNEYTRUSTEE

CLARA WU TSAITRUSTEE

DANIEL S OCHTRUSTEE

DAVID LAURENTRUSTEE

DAVID J GREENWALDTRUSTEE

DAVID M SOLOMONTRUSTEE

DEANNA M MULLIGANTRUSTEE

DENNIS E GLAZERTRUSTEE

ELIZABETH ALEXANDERTRUSTEE

ELIZABETH TISCHTRUSTEE

ELLEN R MARRAMTRUSTEE

FAIZA J SAEEDTRUSTEE

FRANK A BENNACK JRCHAIRMAN EMERITUS

GABRIELLE BACONTRUSTEE

GLENN R FUHRMANTRUSTEE

GREGORY K MONDRETRUSTEE

H RODGIN COHENTRUSTEE

HARRISON T LEFRAKTRUSTEE

HEIDI MESSERTRUSTEE

HOLLY PETERSONTRUSTEE

HUGH C HEMMINGSTRUSTEE (THRU 6/2024)

IVAN G SEIDENBERGVICE CHAIRMAN-EMERITUS

JAMES S GERTLERTRUSTEE

JEFFREY A HARRISTRUSTEE

JEFFREY W GREENBERGVICE CHAIRMAN-EMERITUS

JERRY I SPEYERCO- CHAIRMAN

JESSICA BIBLIOWICZTRUSTEE

JOHN A THAINTRUSTEE

JOHN J MACKCHAIRMAN EMERITUS

JOHN S WEINBERGTRUSTEE

JULISSA REYNOSOTRUSTEE

JUSTIN G MUZINICHTRUSTEE

LAURA E RILEYTRUSTEE

LEE S AINSLIE IIITRUSTEE

LENARD B TESSLERTRUSTEE

LEONARD A WILFTRUSTEE

LISA R PERRYTRUSTEE

LISE HIMBERG EVANSTRUSTEE

LUIS A CANELATRUSTEE

MARCOS A RODRIGUEZTRUSTEE

MARGARET C ANADUTRUSTEE

MARGARET L WOLFFTRUSTEE

MARK SCHWARTZTRUSTEE

MARLENE HESSTRUSTEE

MAURICE R GREENBERGCHAIRMAN EMERITUS

About this charity

Recognized since: January 1997
Location: 525 E 68TH ST, NEW YORK, NY 10065-4870
County: New York
In care of: % MICHAEL BRESLIN
Primary officer: MICHAEL BRESLIN, GSVP/CFO/TREASURER

How to reach them

WebsiteVisit the charity’s website Phone(212) 297-4255

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: ERNST & YOUNG US LLP
NTEE classification: Health Care (E220)
IRS tax category: General Medical and Surgical Hospitals
Grant-giving organization: Yes