Overview
What is Peninsula Hospital Center?
Peninsula Hospital Center, located in Great Neck, New York, was a nonprofit institution committed to offering high-quality healthcare services to patients of diverse backgrounds and beliefs. The hospital's mission was to deliver competent, collaborative, and professional care to all patients and residents in the Rockaways and surrounding communities. Despite its dedication, the hospital ceased operations on April 6, 2012, while under Chapter 11. In 2018, the hospital's Chapter 11 case was converted to a Chapter 7 case. Following bankruptcy proceedings, final distributions to creditors, including former employees, were made. These distributions, primarily from wages earned around 2011-2012, were subject to tax withholding and W-2 statements. Any uncashed distribution checks are currently held by the court clerk. The hospital's focus on providing comprehensive healthcare services to its community remains noteworthy, regardless of its current status.
Is Peninsula Hospital Center legitimate?
Peninsula Hospital Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peninsula Hospital Center 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: $159,462
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Peninsula Hospital Center?
Peninsula Hospital Center's mission was centered around providing high-quality healthcare to patients of all ages, backgrounds, and beliefs. The hospital was committed to delivering competent, collaborative, and professional services to its patients and residents in the Rockaways and neighboring communities. Despite its dedication, the hospital ceased operations on April 6, 2012, while it was under Chapter 11. In a subsequent development in 2018, Peninsula Hospital Center's Chapter 11 case was converted to a Chapter 7 case.
Who is the CEO of Peninsula Hospital Center?
Lori Lapin Jones is the Chapter 7 Trustee of Peninsula Hospital Center.
What is the revenue of Peninsula Hospital Center?
Peninsula Hospital Center's revenue in 2020 was $1,600,000.
Who are the executives of Peninsula Hospital Center and what are their salaries?
There is 1 key member and their salary:
- Compensation: $159,462
- Related: $740,806
- Other: $0
Where can I find the form 990 for Peninsula Hospital Center?
Peninsula Hospital Center's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Peninsula Hospital Center
Peninsula Hospital Center's mission was centered around providing the highest quality of care to patients of all ages, backgrounds, and beliefs. This mission was deeply rooted in delivering competent, collaborative, and professional services to the patients and residents of the Rockaways and surrounding communities. Despite facing challenges, the hospital ceased operations on April 6, 2012, while under Chapter 11. However, in 2018, Peninsula Hospital Center's Chapter 11 case was converted to a Chapter 7 case, marking a significant shift in its operations. Despite the closure, the hospital's commitment to serving its community with dedication and professionalism remains a notable part of its legacy.
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Impact
October, 2024
Peninsula Hospital Center had a significant impact on the communities it served, particularly in the Rockaways and surrounding areas. With a mission to provide high-quality care to patients of all ages, backgrounds, and beliefs, the hospital was dedicated to offering competent, collaborative, and professional services. This commitment greatly benefited local residents, ensuring access to vital healthcare resources and support.
However, the hospital ceased operations on April 6, 2012, amid financial challenges, as it navigated through Chapter 11 bankruptcy. The subsequent transition to Chapter 7 bankruptcy in 2018 marked the end of its operational capacity, leading to the distribution of assets to settle claims, including those of former employees. Despite its closure, the hospital's legacy in prioritizing patient care and community health remains a poignant reminder of its initial mission. The efforts to provide essential health services exemplify the crucial role that such institutions play within their communities.
This information is meant to be a general summary of Peninsula Hospital Center. 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 2020.
- Gross Receipts: $1,600,000
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1957
Phone
(516) 466-4110Principal Officer
Lori Lapin Jones
Main Address
98 CUTTER MILL ROAD NO 255S, GREAT NECK, NY, 11021
NTEE Category
Code: E220 - Health
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