EIN 11-1631796

Newyork-Presbyterianbrooklyn Methodist (NYM)

IRS 501(c) type
501(c)(3)
Num. employees
5,347
Year formed
1881
Most recent tax filings
2019-12-01
NTEE code, primary
Description
A voluntary, acute-care teaching hospital, New York Methodist Hospital's mission is to provide excellent health care services in a compassionate and humane manner to the people who live and work in Brooklyn and its surrounding areas.
Also known as...
New York Methodist Hospital; Nypbrooklyn Methodist

Program areas at NYM

The mission of NewYork-Presbyterian/Brooklyn Methodist Hospital, a member of the New York-Presbyterian Healthcare System, is to provide excellent health care services in a compassionate and humane manner to the people who live and work in Brooklyn and its surrounding areas. The Hospital is a non-sectarian, voluntary institution with 651 beds, which includes an acute care general facility and an extensive array of ambulatory and outpatient sites and services. During 2019, 190,651 patient days of care were provided; 36,923 patients were discharged with an average length of stay of 5.4 days, excluding newborns. There were a total of 86,783 outpatient visits to our outpatient sites, and 102,731 visits to our Emergency Room. In serving its community, the Hospital works to achieve these primary objectives: The services are accessible to patients and physicians without regard to age, sex, race, creed, national origin or disability. The commitment to community service is evidenced by our uncompensated services provided to the poor in the broader community. Our services provided to the poor include persons who cannot afford health care because of inadequate financial resources and/or who are uninsured or under-insured. These persons are eligible for charity care and financial aid under the Hospital's financial aid policy. For the year ended December 31, 2019, uncompensated care amounted to approximately $40.4 million. The Hospital Provides patients with an environment that assures the continuous enhancement of patient safety; Assess periodically the healthcare needs of the community and to respond to these needs with healthcare services, including health education for patients and community residents. Our needs assessment is derived through public questionnaires, and an assortment of reports from professional agencies as well as outreach to and involvement in major community organizations, including the State and City Department of Health, NYC Department of Health and Mental Hygiene, Heights and Hills Services for Brooklyns Older Adults, Good Neighbors of Park Slope, our local faith based organizations, Community Board 6, and Brooklyn Public Library. The Hospital meets quarterly with its community partners discuss free health programs and support services. Community residents are informed of the availability of the community service plan via our web site, or can obtain a copy of the community report by calling the Hospital's administrative office at (718)780-3301 or the Community Affairs office at (718) 780-5367. Serve as an educational and research center for the training and continuing education of physicians, nurses and healthcare professionals committed to the Brooklyn community. Provide an active ecumenical program of pastoral care and to conduct a clinical pastoral education program. NewYork-Presbyterian/Brooklyn Methodist Hospital has a historic relationship with the United Methodist Church. Offer an environment that is responsive to new and changing technologies and management principles that will stimulate creative solutions for our patients, physicians, and employees. Work with members of the New York-Presbyterian Healthcare System and other healthcare institutions, physicians and community groups in jointly pursuing the delivery of quality healthcare services, medical education and clinical research.

Form 990s for NYM

Fiscal year endingDate received by IRSFormPDF link
2019-122021-04-02990View PDF
2018-122020-01-17990View PDF
2017-122019-02-21990View PDF
2016-122018-01-18990View PDF
2015-122017-04-03990View PDF
...and 6 more Form 990s

Who funds Newyork-Presbyterianbrooklyn Methodist (NYM)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Newyork-presbyterian med grp brooklySupport$5,618,877
 View purchase optionsSupport$1,239,641
 View purchase optionsSupport$393,360
...and 13 more grants received
Federal funding details
Federal agencyProgram nameAmount
Department of EducationFEDERAL DIRECT STUDENT LOANS$1,421,482
 View purchase options██████ █████ █████$░░░,░░░
 View purchase options████ ██ ██ ███$░░░,░░░
...and 5 more federal grants / contracts

Grants made by NYM

GranteeGrant descriptionAmount
Brooklyn Chamber of CommerceSupport$10,000

Financials for NYM

RevenuesFYE 12/2019
Total grants, contributions, etc.$10,855,358
Program services$860,595,335
Investment income and dividends$21,788,043
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$5,505,989
Net gain from sale of non-inventory assets$32,340,373
Net income from fundraising events$-81,084
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$31,942,499
Total revenues$962,946,513

Personnel at NYM

NameTitleCompensation
Maxine FrankSpecial Advisor To the President and Chief Executive Officer / Director Eff 2 and 2019$0
Steven J. CorwinPresident and Chief Executive Officer
Juan MejiaSenior Vice President and Chief Operating Officer , Nyp Lower Manhattan
 View purchase optionsGroup Senior Vice President , Strategic Initiatives and Chief of Regulatory Planning / Senior Vice President and Chief Operating Officer , Regional Hospital Network$0
 View purchase optionsExecutive Vice President and Chief Operating Officer$0
...and 40 more key personnel

Organizations like NYM

OrganizationLocationRevenue
Stamford HospitalStamford, CT$611,128,524
Montefiore Medical CenterBronx, NY$4,196,735,035
Hartford HospitalHartford, CT$1,773,163,439
St Clair Health Corporation Group ReturnPittsburgh, PA$368,559,134
Monument Health Rapid City HospitalRapid City, SD$799,060,312
Henry Ford Health System (HFHS)Detroit, MI$3,513,243,526
The Queen's Medical CenterHonolulu, HI$1,273,976,580
Greater Baltimore Medical Center (GBMC)Baltimore, MD$540,688,804
Christiana Care Health SystemWilmington, DE$2,082,181,952
Ochsner Medical CenterNew Orleans, LA$3,746,277,344
White Plains Hospital (WPH)White Plains, NY$759,244,839
Phelps Memorial Hospital CenterWestbury, NY$306,646,891
Trinity HealthLivonia, MI$2,599,317,309
Rutland Regional Medical Center (RRMC)Rutland, VT$288,038,302
Newyork-Presbyterian QueensFlushing, NY$841,266,953
Cedars SinaiLos Angeles, CA$3,778,033,612
St Luke's Hospital (SLUHN)Allentown, PA$982,677,854
Jefferson Health - NortheastPhiladelphia, PA$501,716,169
Beth Israel Deaconess Medical Center (BIDMC)Boston, MA$1,945,120,516
Beth Israel Deaconess Hospital-PlymouthPlymouth, MA$296,504,638
Mayo Clinic Health System-Albert Lea and AustinAustin, MN$313,497,491
Ohio HealthMansfield, OH$247,906,545
Penn Highlands DuBoisDubois, PA$378,231,930
Allina HealthMinneapolis, MN$4,655,438,396
Beaumont Hospital Royal OakSouthfield, MI$2,865,497,664
Nonprofit Types
Issues
Characteristics
Key performance indicators
Total revenues
$962,946,513
2019
Yearly growth
2.9%
% of revenues
n/a
Total expenses
$839,271,323
2019
Yearly growth
2.1%
% of expenses
n/a
Total assets
$1,963,582,802
2019
Yearly growth
12.9%
% of assets
n/a
Num. employees
5,347
2019
Yearly growth
-1.2%
% of total
n/a
General information
Address
506 Sixth St
Brooklyn, NY 11215
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Kings County, NY
Website URL
nyp.org/brooklyn 
Phone
(718) 780-3000
Facebook page
NewYorkMethodistHospital 
Twitter profile
@nym_hospital 
IRS details
EIN
11-1631796
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1881
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E22: Hospital, General
NAICS code, primary
622: Hospitals
Parent/child status
Central organization