Newyork-Presbyterian Queens is a general hospital based in Flushing, NY that was founded in 1957. As of 2019 they had $799 million in revenue and $606 million in assets.
To be the premier healthcare institution serving our Greater community by providing excellence in clinical care and patient safety, education, clinical research, and service.
Previous legal names or variations of their name include: New York Hospital Medical Center Of Queens.
EIN:
11-1839362
City:
State:
Metro:
Website:
Phone:
718-670-2000
Facebook:
Twitter:
Founded:
1957
Type:
501(c)(3)
NTEE:
Revenue:
$799,433,461
Assets:
$606,162,446
Employees:
4,525
Fiscal year end:
December
Program areas at Newyork-Presbyterian Queens
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 ...
Form 990s for Newyork-Presbyterian Queens
| Fiscal year ending | Date received by IRS | Form | PDF link |
|---|
| 2018-12 | Jan 31, 2020 | 990 | View PDF |
| 2017-12 | Feb 21, 2019 | 990 | View PDF |
| 2016-12 | Jan 18, 2018 | 990 | View PDF |
| 2015-12 | Apr 4, 2017 | 990 | View PDF |
| 2014-12 | Jan 29, 2016 | 990 | View PDF |
| ...and five more Form 990 PDFs |
Financials for Newyork-Presbyterian Queens
| Field | 2018 | 2017 | % Change |
|---|
| Federated campaigns | $0 | $0 | |
| Membership dues | $0 | $0 | |
| Fundraising event contributions | $772,751 | $758,525 | 1.9% |
| Related organizations | $7,817,271 | $3,339,457 | 134.1% |
| Government grants (contributions) | $3,637,042 | $2,727,154 | 33.4% |
| Normal grants, contributions, etc. | $3,186,682 | $633,979 | 402.6% |
| <em>Non-cash contributions included in above</em> | $0 | $0 | |
| Total grants, contributions, etc. | $15,413,746 | $7,459,115 | 106.6% |
| Field | 2018 | 2017 | % Change |
|---|
| Total grants, contributions, etc. | $15,413,746 | $7,459,115 | 106.6% |
| Program services | $767,188,507 | $754,036,114 | 1.7% |
| Investment income and dividends | $2,476,108 | $4,375,146 | -43.4% |
| Tax-exempt bond proceeds | $0 | $0 | |
| Royalty revenue | $0 | $0 | |
| Net rental income | $1,815,921 | $8,185,254 | -77.8% |
| Net gain from sale of non-inventory assets | $-920,575 | $-215,100 | -328.0% |
| Net income from fundraising events | $-109,576 | $39,394 | -378.2% |
| Net income from gaming activities | $0 | $0 | |
| Net income from sales of inventory | $0 | $0 | |
| Miscellaneous revenues | $13,569,330 | $33,699,600 | -59.7% |
| Total revenues | $799,433,461 | $807,579,523 | -1.0% |
| Field | 2018 | 2017 | % Change |
|---|
| Grants to govts. and orgs. in USA | $68,176,482 | $60,547,985 | 12.6% |
| Grants to individuals in USA | $0 | $0 | |
| Grants to govts., orgs., and individuals outside USA | $0 | $0 | |
| Benefits paid to or for members | $0 | $0 | |
| Compensation of current officers, etc. | $5,634,098 | $7,144,700 | -21.1% |
| Compensation not included above, to disqualified persons | $0 | $0 | |
| Non-officer salaries and wages | $313,844,221 | $308,466,948 | 1.7% |
| Pension/retirement accruals and contributions | $12,830,364 | $16,533,277 | -22.4% |
| Other employee benefits | $72,106,946 | $67,799,190 | 6.4% |
| Payroll taxes | $24,044,702 | $23,622,578 | 1.8% |
| Management fees | $0 | $0 | |
| Legal fees | $1,080,075 | $949,615 | 13.7% |
| Accounting fees | $560,000 | $779,480 | -28.2% |
| Lobbying fees | $149,923 | $150,851 | -0.6% |
| Pro. fundraising fees | $84,343 | $82,000 | 2.9% |
| Investment mgmt fees | $760,688 | $1,157,466 | -34.3% |
| Other fee-for-service | $76,987,673 | $75,266,055 | 2.3% |
| Advertising and promotion | $1,856,586 | $1,564,553 | 18.7% |
| Office expenses | $34,571,411 | $42,048,392 | -17.8% |
| Information tech. expenses | $5,959,602 | $7,272,506 | -18.1% |
| Royalty expenses | $0 | $0 | |
| Occupancy | $21,986,436 | $27,856,423 | -21.1% |
| Travel | $257,283 | $210,574 | 22.2% |
| Public official travel and entertainment | $0 | $0 | |
| Conferences, meetings, etc. | $509,999 | $584,538 | -12.8% |
| Interest | $406,966 | $267,068 | 52.4% |
| Payments to affiliates | $0 | $0 | |
| Depreciation, amortization, etc. | $27,825,964 | $26,299,413 | 5.8% |
| Insurance | $24,242,880 | $29,394,595 | -17.5% |
| All other expenses | $101,264,573 | $89,957,650 | 12.6% |
| Total expenses | $795,141,215 | $787,955,857 | 0.9% |
| Field | 2018 | 2017 | % Change |
|---|
| Cash (non-interest-bearing) | $2,200 | $2,200 | |
| Savings, short-term investments, etc. | $18,302,004 | $20,299,124 | -9.8% |
| Pledges and grants receivable | $0 | $0 | |
| Accounts receivable | $107,425,280 | $104,796,645 | 2.5% |
| Loans receivable from officers, directors, etc. | $0 | $0 | |
| Loans receivable from other disqualified persons | $0 | $0 | |
| Notes and loans receivable | $0 | $0 | |
| Inventories for use | $12,868,176 | $10,021,450 | 28.4% |
| Prepaid expenses and deferred charges | $14,707,436 | $7,430,225 | 97.9% |
| Buildings, equipment, etc. post-depreciation | $283,674,074 | $275,030,166 | 3.1% |
| Investments, publicly traded securities | $68,443,797 | $107,989,800 | -36.6% |
| Investments, other securities | $42,724,605 | $38,038,444 | 12.3% |
| Investments, program-related | $150,000 | $150,000 | |
| Intangible assets | $0 | $0 | |
| Other assets | $57,864,874 | $37,574,495 | 54.0% |
| Total assets | $606,162,446 | $601,332,549 | 0.8% |
| Field | 2018 | 2017 | % Change |
|---|
| Accounts payable and accrued expenses | $109,573,274 | $149,700,608 | -26.8% |
| Grants payable | $0 | $0 | |
| Deferred revenue | $4,309,339 | $6,598,508 | -34.7% |
| Tax-exempt bond liabilities | $26,254,341 | $28,986,375 | -9.4% |
| Escrow or custodial account liability | $0 | $0 | |
| Loans payable to officers and disqualified persons | $0 | $0 | |
| Secured mortgages and notes payable to unrelated third parties | $0 | $0 | |
| Unsecured notes and loans payable to unrelated third parties | $0 | $0 | |
| Other liabilities | $378,137,425 | $330,807,176 | 14.3% |
| Total liabilities | $518,274,379 | $516,092,667 | 0.4% |
| Field | 2018 | 2017 | % Change |
|---|
| Unrestricted net assets | $74,447,759 | $73,266,197 | 1.6% |
| Temporarily restricted net assets | $3,735,290 | $2,868,667 | 30.2% |
| Permanently restricted net assets | $9,705,018 | $9,105,018 | 6.6% |
Vendors for Newyork-Presbyterian Queens
| Vendor | Services | Amount paid | Date |
|---|
| Ernst and Young Us LLP | Tax accounting; Audit accounting | | 2020-01-31 |
| ██████████ | Professional Service | $1,933,699 | 2020-01-31 |
| █████ ██████████ ███ | Lab Services | $2,285,066 | 2020-01-31 |
| ██████ ███████ ███████████ | Construction Services | $1,400,527 | 2020-01-31 |
| ██ ███████████ | Construction Services | $6,736,862 | 2020-01-31 |
| █████████ | CRM software; Fundraising software | | 2019-08-29 |
| ██████ | Fundraising software | | 2019-08-29 |
| ███████ ███ ████ | Fundraising software; Payment processing | | 2019-08-29 |
| ...and 27 more vendors |
Personnel at Newyork-Presbyterian Queens
| Name | Title | Compensation | Most recent data |
|---|
| Robert Blenderman | Chief Operating Officer | $434,758 | Oct. 1, 2020 |
| Kevin J. Ward | Chief Financial Officer and Treasurer | $643,372 | Oct. 1, 2020 |
| ████ █████ | Vice President , Chief Nursing Officer | $280,241 | Oct. 1, 2020 |
| ████ ██████ | Chief Medical Officer Eff.1 and 18 | $599,488 | Oct. 1, 2020 |
| ███████ ██ █████████ | Senior Vice President , General Counsel and Secretary / Chief Legal Officer | $482,417 | Oct. 1, 2020 |
| ████████ ███████ | Vice President , Human Resources | $352,261 | Oct. 1, 2020 |
| ████████ █████ | Vice President , Care Coordinator , Social | $273,397 | Oct. 1, 2020 |
| ████ ██ ████████ ███ | Vice President, General Services and Facilities Planning | - | Aug. 30, 2019 |
| ██████ ███████ | Director and President | $0 | Oct. 1, 2020 |
| ████ ███████ | Corporate Director, It Services | $256,766 | Dec. 31, 2017 |
| ...and four more key personnel |
Peer general hospitals
| | Name | Type | Revenue | Location |
|---|
| 1 | Unity Hospital of Rochester | 501(c)(3) | $505 million | Rochester, NY |
| 2 | North Shore University Hospital (NSUH) | 501(c)(3) | $2.7 billion | Westbury, NY |
| 3 | Champlain Valley Physicians Hospital (CVPH) | 501(c)(3) | $370 million | Plattsburgh, NY |
| 4 | White Plains Hospital (WPH) | 501(c)(3) | $716 million | White Plains, NY |
| 5 | Montefiore Medical Center | 501(c)(3) | $3.9 billion | Bronx, NY |
| 6 | Our Lady of Lourdes Memorial Hospital | 501(c)(3) | $395 million | Binghamton, NY |
| 7 | Staten Island University Hospital (SIUH) | 501(c)(3) | $1.0 billion | Westbury, NY |
| 8 | Huntington Hospital | 501(c)(3) | $454 million | Westbury, NY |
| 9 | Kingsbrook Jewish Medical Center (KJMC) | 501(c)(3) | $238 million | Brooklyn, NY |
| 10 | St. Catherine of Siena Medical Center | 501(c)(3) | $278 million | Smithtown, NY |
| 11 | St Joseph's Hospital Health Center | 501(c)(3) | $632 million | Syracuse, NY |
| 12 | Orange Regional Medical Center (ORMC) | 501(c)(3) | $523 million | Middletown, NY |
| 13 | Kaleida Health | 501(c)(3) | $1.3 billion | Buffalo, NY |
| 14 | Phelps Memorial Hospital Center | 501(c)(3) | $294 million | Westbury, NY |
| 15 | St John's Riverside Hospital | 501(c)(3) | $258 million | Yonkers, NY |
| 16 | United Health Services Hospitals (UHS) | 501(c)(3) | $711 million | Binghamton, NY |
| 17 | Mercy Hospital of Buffalo | 501(c)(3) | $435 million | Buffalo, NY |
| 18 | Plainview Hospital | 501(c)(3) | $226 million | Westbury, NY |
| 19 | Bronxcare Health System | 501(c)(3) | $783 million | Bronx, NY |
| 20 | St. Luke's Cornwall Hospital (SLCH) | 501(c)(3) | $228 million | Newburgh, NY |
| 21 | SSM Health Care of Oklahoma | 501(c)(3) | $614 million | St Louis, MO |
| 22 | Ascension NE Wisconsin | 501(c)(3) | $228 million | Appleton, WI |
| 23 | Saint Agnes Hospital | 501(c)(3) | $434 million | Baltimore, MD |
| 24 | St Vincent Evansville | 501(c)(3) | $528 million | Evansville, IN |
| 25 | Beaumont Hospital Dearborn | 501(c)(3) | $1.3 billion | Southfield, MI |