Overview
What is Northwell Health Laboratories?
Northwell Health Laboratories is a central medical laboratory for Northwell Health and its affiliated tax-exempt hospitals and related entities. By consolidating the healthcare system's clinical laboratory services, this organization achieves economies of scale, ultimately reducing expenses and enhancing patient care. Northwell Health Laboratories operates satellite locations that provide lab services to communities in Nassau, Suffolk, NYC, and Westchester. As part of Northwell Health, this lab is dedicated to improving community health, providing high-quality clinical care, educating future healthcare professionals, advancing medicine through research, promoting health education, and serving the entire community, regardless of their ability to pay. The lab employs a total workforce of 1791 individuals.
Official website here: www.northwell.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating
Northwell Health Laboratories has achieved an overall score of 81%, reflecting a strong emphasis on accountability and finance. This score is derived solely from their accountability and finance metrics, indicating a solid financial management framework. The organization did not report any material diversion of assets and received full points in critical areas such as audit oversight and the ratio of liabilities to assets.
The program expense ratio stands at an impressive 87.06%, highlighting that a significant portion of their expenditures is directed towards programmatic activities. Additionally, they have robust policies in place regarding conflict of interest, whistleblower protections, and document management, all of which contribute to their transparency and ethical governance.
However, while the organization has demonstrated strengths in financial accountability, the lack of additional beacons or performance metrics may limit a comprehensive understanding of its impact in the community. Overall, Northwell Health Laboratories has established a solid foundation in financial responsibility, which is crucial for stakeholders and potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Northwell Health Laboratories legitimate?
Northwell Health Laboratories is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northwell Health Laboratories 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $172,051,064
For more financial information, click here
Official website here: www.northwell.edu
What is the mission statement of Northwell Health Laboratories?
Northwell Health Laboratories aims to enhance the health of the communities they serve by delivering top-quality clinical care. Committed to education, they foster the development of future healthcare professionals. Pursuing advancements in medicine, they engage in biomedical research. Promoting health education is also a significant part of their mission. Northwell Health Laboratories provide essential laboratory services for their system affiliates and residents of Nassau, Suffolk, NYC, and Westchester, caring for the entire community, including those unable to pay.
Official website here: www.northwell.edu
Who is the CEO of Northwell Health Laboratories?
Michael J Dowling is the Principal Officer of Northwell Health Laboratories. The CEO's salary of Northwell Health Laboratories is $0 and their total compensation is $773,335.
Official website here: www.northwell.edu
What is the revenue of Northwell Health Laboratories?
Northwell Health Laboratories's revenue in 2022 was $791,938,202.
Official website here: www.northwell.edu
Who are the executives of Northwell Health Laboratories and what are their salaries?
The average compensation at Northwell Health Laboratories during 2022 was $96,064. There are 1791 employees at Northwell Health Laboratories.
Here are 14 key members and their salaries (Northwell Health Laboratories's CEO's salary is $0 and their total compensation is $773,335):
- Compensation: $0
- Related: $3,797,212
- Other: $61,175
- Compensation: $0
- Related: $1,628,772
- Other: $75,114
- Compensation: $0
- Related: $1,581,808
- Other: $75,053
- Compensation: $0
- Related: $1,416,560
- Other: $75,114
- Compensation: $0
- Related: $1,222,834
- Other: $75,114
- Compensation: $0
- Related: $1,154,884
- Other: $64,794
- Compensation: $0
- Related: $1,150,407
- Other: $63,166
- Compensation: $0
- Related: $988,070
- Other: $61,418
- Compensation: $780,817
- Related: $0
- Other: $60,055
- Compensation: $0
- Related: $698,221
- Other: $75,114
- Compensation: $479,995
- Related: $0
- Other: $61,418
- Compensation: $462,638
- Related: $0
- Other: $60,055
- Compensation: $403,402
- Related: $0
- Other: $52,641
- Compensation: $392,194
- Related: $0
- Other: $61,418
Official website here: www.northwell.edu
Where can I find the form 990 for Northwell Health Laboratories?
Northwell Health Laboratories's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.northwell.edu
Learn more at the official website: www.northwell.edu
Mission Statement of Northwell Health Laboratories
Northwell Health Laboratories, a central medical lab with satellite locations, is dedicated to improving the health of the communities it serves. This mission-driven organization, affiliated with Northwell Health, strives for excellence in providing the highest quality clinical care and laboratory services to Nassau, Suffolk, NYC, and Westchester residents.
Northwell Health Laboratories is passionately committed to the pursuit of new advances in medicine through biomedical research, and to educating current and future generations of healthcare professionals. They believe in promoting health education, and extending care and support to the entire community, regardless of their ability to pay. The laboratory's team of experts work diligently to ensure accurate and timely test results, contributing significantly to the diagnostic process and overall patient care.
Moreover, Northwell Health Laboratories is a vital player in Northwell Health's vision to lead in the advancement of healthcare. By combining the latest technology with expertise and compassion, they support and enhance the clinical capabilities of their system affiliates, ensuring that patients receive comprehensive, coordinated care. In doing so, they play a crucial role in the ongoing quest for better patient outcomes and improved overall health and well-being.
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Impact
October, 2024
Northwell Health Laboratories serves a vital role in the healthcare ecosystem by providing centralized medical laboratory services to its affiliates and local communities, including Nassau, Suffolk, NYC, and Westchester residents. By consolidating clinical laboratory services across the Northwell Health system, it significantly reduces total expenses through economies of scale. This centralization not only enhances operational efficiency but also leads to improved patient care by facilitating timely and accurate diagnostics.
Moreover, Northwell Health Laboratories is committed to advancing medical knowledge and healthcare education, contributing to the training of current and future healthcare professionals. Its focus on biomedical research and health education further supports the mission of improving community health and promoting accessibility to high-quality clinical care, regardless of an individual's ability to pay. This comprehensive approach ensures that Northwell Health Laboratories has a profound and positive impact on the health and well-being of the communities it serves.
This information is meant to be a general summary of Northwell Health Laboratories. 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: $64,358
- Program Service Revenue: $786,539,288
- Gross Receipts: $791,938,202
Assets and Liabilities:
- Total Assets: $414,724,012
- Total Liabilities: $156,660,863
- Net Assets: $258,063,149
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT TESTING
Revenue
$301,300,502
AFFILIATED PHYSICIAN PRACTICE
Revenue
$318,451,137
OUTREACH SERVICES
Revenue
$166,787,649
Organization Details
Founding Year
1997
Phone
(516) 321-6058Principal Officer
Michael J Dowling
Main Address
972 BRUSH HOLLOW RD 5TH FL, WESTBURY, NY, 11590
Website
www.northwell.eduNTEE Category
Code: E60 - Health
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