Overview
What is Long Island Community Hospital At Nyu Langone Health?
Long Island Community Hospital at NYU Langone Health, doing business as LICH, is a nonprofit acute care hospital in Patchogue, New York. Established to deliver accessible, high-quality healthcare services in a caring and teaching environment, LICH operates under the affiliation agreement with NYU Langone Health System as of March 1, 2022. With a capacity for 306 beds, the hospital offers inpatient, outpatient, and emergency care primarily to residents of Suffolk County. Through January to August 2022, LICH had 5,466 discharges, resulting in 30,700 patient days, and provided 33,335 outpatient visits, including 24,257 emergency room visits, 1,498 primary care visits, and 2,708 outpatient surgery procedures. This institution is dedicated to providing medical care without discrimination, carrying out educational and training activities, promoting scientific research, and supporting the mission and charitable purposes of NYU Langone Health System and related medical schools.
Official website here: www.licommunityhospital.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Long Island Community Hospital At NYU Langone Health has received a solid Three-Star rating from Charity Navigator, primarily based on its accountability and finance score of 81%. This indicates a strong emphasis on financial transparency and governance practices. The organization has demonstrated commendable practices, such as having a majority of independent board members and a robust audit and oversight committee.
The hospital scored exceptionally well in various governance aspects, including a conflict of interest policy, whistleblower policy, and proper documentation of board meeting minutes. These practices contribute positively to the overall accountability of the organization. Additionally, the program expense ratio is notably high, indicating that a significant portion of its funds is directed towards its programs and services.
However, the organization faced a notable challenge with its liabilities to assets ratio, scoring zero points in that area. This aspect may raise concerns regarding its financial stability or risk management strategies. Overall, while the hospital shows strengths in governance and program expenditures, it is important for stakeholders to consider the implications of its financial ratios on long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Long Island Community Hospital At Nyu Langone Health legitimate?
Long Island Community Hospital At Nyu Langone Health is a legitimate nonprofit organization registered as a 501(c)(3) entity. Long Island Community Hospital At Nyu Langone Health submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $2,186,411
Professional Fundraising Fees: $0
Other Salaries and Wages: $77,151,777
For more financial information, click here
Official website here: www.licommunityhospital.org
What is the mission statement of Long Island Community Hospital At Nyu Langone Health?
Long Island Community Hospital at Nyu Langone Health is dedicated to delivering accessible, high-quality healthcare services in a caring and teaching environment. The hospital's mission is to provide inpatient, ambulatory, restorative, preventative, and emergency medical care and treatment, regardless of race, creed, color, sex, sexual orientation, age, national origin, or source of payment. The corporation also engages in educational and training activities to advance medical knowledge, carries out scientific and technological research related to the practice of medicine, and participates in community health promotion initiatives, including outreach programs, health education, and referral services. Additionally, it supports the mission and charitable purposes of Nyu Langone Health System, Nyu Langone Hospitals, and the related medical schools.
Official website here: www.licommunityhospital.org
Who is the CEO of Long Island Community Hospital At Nyu Langone Health?
Richard T Margulis is the President & Ceo of Long Island Community Hospital At Nyu Langone Health. The CEO's salary of Long Island Community Hospital At Nyu Langone Health is $0 and their total compensation is $0.
Official website here: www.licommunityhospital.org
What is the revenue of Long Island Community Hospital At Nyu Langone Health?
Long Island Community Hospital At Nyu Langone Health's revenue in 2022 was $157,830,871.
Official website here: www.licommunityhospital.org
Who are the executives of Long Island Community Hospital At Nyu Langone Health and what are their salaries?
Here are 27 key members and their salaries (Long Island Community Hospital At Nyu Langone Health's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.licommunityhospital.org
Where can I find the form 990 for Long Island Community Hospital At Nyu Langone Health?
Long Island Community Hospital At Nyu Langone Health's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.licommunityhospital.org
Learn more at the official website: www.licommunityhospital.org
Mission Statement of Long Island Community Hospital At Nyu Langone Health
Long Island Community Hospital at NYU Langone Health, also known as LICH, is a non-sectarian medical institution dedicated to providing accessible, high-quality healthcare services in a caring and teaching environment. Established to address the medical needs of the community, LICH's mission encompasses several objectives.
First and foremost, LICH operates a general hospital, admitting patients for inpatient, ambulatory, restorative, preventative, and emergency medical care, regardless of race, creed, color, sex, sexual orientation, age, national origin, or source of payment. This commitment to inclusivity ensures that everyone in the community has access to essential healthcare services.
Beyond direct patient care, LICH also engages in educational and training activities to advance medical knowledge. Research plays a significant role in these efforts, with LICH conducting scientific and technological research related to the practice of medicine and disease prevention. By fostering innovation in the medical field, LICH contributes to the overall improvement of healthcare and the wellbeing of the community.
Moreover, LICH strives to promote general health through various outreach programs, health education, and referral services. These initiatives aim to reach a broad spectrum of individuals, providing them with valuable resources and support that contribute to their overall wellbeing. Furthermore, LICH aligns itself with NYU Langone Health System, NYU Langone Hospitals, and related medical schools to further support their mission and charitable purposes.
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Impact
October, 2024
Long Island Community Hospital at NYU Langone Health (LICH) plays a vital role in enhancing healthcare accessibility and quality for the residents of Suffolk County, New York. Situated in Patchogue, the hospital boasts 306 licensed beds and provides a comprehensive range of services, including inpatient, outpatient, and emergency care.
In the first eight months of 2022 alone, LICH facilitated 5,466 discharges, resulting in 30,700 patient days, and recorded 33,335 outpatient visits. This includes substantial emergency room activity, with over 24,000 visits, and nearly 2,700 outpatient surgery procedures. The hospital is dedicated to delivering care without discrimination, treating individuals regardless of their race, creed, or source of payment.
LICH also emphasizes community health advocacy, participating in outreach programs and health education initiatives designed to enhance the overall well-being of the community. Supporting medical education and research is integral to its mission, with goals aimed at advancing knowledge in medical science and fostering health improvements within the region. Thus, LICH serves as a cornerstone of healthcare, committed to both high-quality treatment and proactive community health efforts.
This information is meant to be a general summary of Long Island Community Hospital At Nyu Langone Health. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $201,380
- Program Service Revenue: $152,227,614
- Gross Receipts: $157,912,322
Assets and Liabilities:
- Total Assets: $330,133,165
- Total Liabilities: $257,600,263
- Net Assets: $72,532,902
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICE REVENUE
Revenue
$152,227,614
Organization Details
Founding Year
1947
Phone
(631) 654-7100Principal Officer
Richard T Margulis
Main Address
101 HOSPITAL ROAD, PATCHOGUE, NY, 11772
Website
www.licommunityhospital.orgNTEE Category
Code: E220 - Health
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