NEW YORK EYE & EAR INFIRMARY Charity Report

Public IRS 990 nonprofit record

NEW YORK EYE & EAR INFIRMARY

EIN 13-5562304 · Health Care (E240)

What they do

to PROVIDE PATIENT CARE AT THE HIGHEST QUALITY, MOST TECHNOLOGICALLY ADVANCED and CONSISTENT MULTIDISCIPLINARY CARE IN AN ENVIRONMENT WHERE THE SAFETY, DIGNITY and COMFORT of EACH PATIENT ARE PARAMOUNT. IN DELIVERING PATIENT CARE, NEW YORK EYE and EAR INFIRMARY WILL STRIVE to PROVIDE AN ERROR-FREE ENVIRONMENT.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $89.30 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 leaders56 people are listed in the latest report.

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

Money made simple

110.47%of revenue went to mission work89.3% of expenses · Program services

0.11%of revenue went to fundraising0.1% of expenses

$123.74spent for every $100 of revenueSpending was higher than revenue this year.

13.15%of revenue went to management and office costs10.6% of expenses

$1.10in assets for every $1 spent this yearSome assets cannot be spent right away.

1.5%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.

Worth asking: Expenses exceeded revenue by $26,722,518 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $922,034 for JAMES TSAI MD (PRESIDENT). 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$112,583,464

Mission workProgram services$124,371,954110.47% of revenue89.3% of expenses

ManagementOffice and general costs$14,806,50113.15% of revenue10.6% of expenses

FundraisingAsking for donations$127,5270.11% of revenue0.1% of expenses

Total expenses$139,305,982123.74% 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

2024CurrentExpense mix: 89.3% mission · 10.6% management · 0.1% fundraisingTotal expenses: 123.74% of revenue

2023Expense mix: 88.8% mission · 11.2% management · 0.1% fundraisingTotal expenses: 111.20% of revenue

2022Expense mix: 89.4% mission · 10.4% management · 0.1% fundraisingTotal expenses: 115.43% of revenue

2021Expense mix: 89.8% mission · 10.1% management · 0.1% fundraisingTotal expenses: 99.88% of revenue

2020Expense mix: 89.2% mission · 10.6% management · 0.1% fundraisingTotal expenses: 112.76% of revenue

2019Expense mix: 89.6% mission · 10.3% management · 0.2% fundraisingTotal expenses: 89.86% of revenue

2018Expense mix: 89.7% mission · 10.1% management · 0.2% fundraisingTotal expenses: 90.93% of revenue

2017Expense mix: 87.2% mission · 12.4% management · 0.4% fundraisingTotal expenses: 99.56% of revenue

Money in and money out

Revenue$112,583,464

Expenses$139,305,982

Annual shortfall $26,722,518 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)$124,371,954 · 89.3% of expenses

Management and office costs$14,806,501 · 10.6% of expenses

Fundraising$127,527 · 0.1% of expenses

See all reported dollar amounts

Revenue$112,583,464

Expenses$139,305,982

Assets$153,229,065

Income$112,583,464

Contributions$1,674,302

Mission work (program services)$124,371,954

Fundraising$127,527

Grants given$5,674,000

Average grant$1,418,500

Management and general$14,806,501

Executive compensation (total)$1,220,409

Stocks and bonds$65,285,989

Accounting fees$317

Investing fees$9,283

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

JAMES TSAI MDPRESIDENT · 36 hrs/week $922,034Base $850,798 · Other $71,236

KULWANTI BHAGWANDINSENIOR NURSE MANAGER · 60 hrs/week $395,465Base $360,885 · Other $34,580

EUGENE HARRISONASSOCIATE DIRECTOR · 60 hrs/week $210,632Base $187,676 · Other $22,956

ALEKSANDR LEMBERSKIYCT TECHNOLOGIST · 60 hrs/week $189,037

KENNETH DAVIS MDTRUSTEE AND FORMER OFFICER · 2 hrs/week $186,929Base $88,860 · Other $98,069

PEDRO VASQUEZCERTIFIED SURGICAL TECHNICIAN · 60 hrs/week $180,069Base $177,969 · Other $2,100

OH JUNGREGISTERED PROFESSIONAL NURSE · 60 hrs/week $179,994Base $174,724 · Other $5,270

MICHAEL PASTIERSVP, CHIEF FINANCIAL OFFICER · 1 hrs/week $114,012Base $25,721 · Other $88,291

BRENDAN CARR 1 MDCHIEF EXECUTIVE OFFICER (START 1/1/24) · 1 hrs/week $112,782Base $65,309 · Other $47,473

STEPHEN HARVEYEVP, SYSTEM CFO (END 12/31/24) · 1 hrs/week $108,757Base $23,665 · Other $85,092

MARGARET PASTUSZKOSYSTEM PRESIDENT & CHIEF OPERATING OFFICER · 1 hrs/week $100,325Base $27,481 · Other $72,844

DENNIS CHARNEY 1 MDPRESIDENT, ACADEMIC AFFAIRS · 1 hrs/week $88,007Base $30,950 · Other $57,057

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 (56)

JAMES TSAI MDPRESIDENT

KULWANTI BHAGWANDINSENIOR NURSE MANAGER

EUGENE HARRISONASSOCIATE DIRECTOR

ALEKSANDR LEMBERSKIYCT TECHNOLOGIST

KENNETH DAVIS MDTRUSTEE AND FORMER OFFICER

PEDRO VASQUEZCERTIFIED SURGICAL TECHNICIAN

OH JUNGREGISTERED PROFESSIONAL NURSE

MICHAEL PASTIERSVP, CHIEF FINANCIAL OFFICER

BRENDAN CARR 1 MDCHIEF EXECUTIVE OFFICER (START 1/1/24)

STEPHEN HARVEYEVP, SYSTEM CFO (END 12/31/24)

MARGARET PASTUSZKOSYSTEM PRESIDENT & CHIEF OPERATING OFFICER

DENNIS CHARNEY 1 MDPRESIDENT, ACADEMIC AFFAIRS

EMMA PALMEREVP, CHIEF OF STAFF & EXTERNAL AFFAIRS

BETH ESSIG ESQEVP, GENERAL COUNSEL

JEREMY BOAL MDFORMER OFFICER

KELLY CASSANO DOEVP, SYS AMBULATORY OPERATION

FRANK CINOSVP, SYSTEM CHIEF RISK OFFICER

DAVID REICH MDSYSTEM CHIEF CLINICAL OFFICER

JEFFREY SILBERSTEINEVP, SYSTEM CAO

BETH YAGODAEVP, SYSTEM CHIEF ADMINISTRATIVE OFFICER

VINCENT TAMMAROEVP, SYSTEM CFO (START 10/1/24)

JOEL S EHRENKRANZVICE CHAIRMAN/TRUSTEE

JOHN A LEVINVICE CHAIRMAN/TRUSTEE

JOHN B HESSVICE CHAIRMAN/TRUSTEE

JUDITH O RUBINVICE CHAIRMAN/TRUSTEE

KIMBERLEY HARRISTRUSTEE

MARC S LIPSCHULTZTRUSTEE

STEVEN HOCHBERGVICE CHAIRMAN/TRUSTEE

MICHAEL MINIKESVICE CHAIR/TRUSTEE/TREASURE

THOMAS W STRAUSSVICE CHAIRMAN/TRUSTEE

WILLIAM H WRIGHT IITRUSTEE

SUSAN R CULLMANVICE CHAIRMAN/TRUSTEE

ROBERT F SAVAGE JRTRUSTEE

RICHARD A FRIEDMANCO-CHAIRMEN OF BOARD

ERIC MINDICHVICE CHAIRMAN/TRUSTEE

ANDREW SAULVICE CHAIRMAN/TRUSTEE

ANDREW M ALPERTRUSTEE

BONNIE M DAVIS MDVICE CHAIRMAN

BRAD KARPSECRETARY/TRUSTEE

BURTON P DRAYERFORMER OFFICER

CARL ICAHNVICE CHAIRMAN

DAVID WINDREICHTRUSTEE

DONALD J GOGELVICE CHAIRMAN/TRUSTEE

EDGAR M CULLMAN JRTRUSTEE

ERIC FRIEDMANTRUSTEE

JOEL I PICKETVICE CHAIRMAN/TRUSTEE

FRANK BISIGNANOTRUSTEE

GLENN DUBINVICE CHAIRMAN

HAMILTON JAMESVICE CHAIRMAN

HENRY R KRAVISVICE CHAIRMAN

HON ROBERT E RUBINVICE CHAIRMAN

JAMES KEMPNERTRUSTEE

JAMES NEARYVICE CHAIRMAN/TRUSTEE

JAMES S TISCHCO-CHAIRMEN OF BOARD/TRUSTEE

JAMES W CRYSTALVICE CHAIRMAN

JEFF T BLAUVICE CHAIRMAN/TRUSTEE

About this charity

Recognized since: January 1935
Location: 310 E 14TH ST, NEW YORK, NY 10003-4284
County: New York
In care of: VINCENT TAMMARO
Primary officer: VINCENT TAMMARO, EVP, MSHS

How to reach them

WebsiteVisit the charity’s website Phone(212) 979-4320 Officer phone(646) 605-4224

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 (E240)
IRS tax category: Specialty (except Psychiatric and Substance Abuse) Hospitals
Grant-giving organization: Yes