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Greater New York Hospital Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 132954140 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Greater New York Hospital Foundation Inc?

Greater New York Hospital Foundation Inc is a nonprofit organization based in New York City, specifically at 555 WEST 57TH STREET 1500. Their primary focus is to enhance the well-being of healthcare professionals, particularly those working at five safety-net hospitals in the city's vulnerable communities. They aim to address the often-overlooked cause of clinician burnout, which stems from strained relationships between senior leaders and frontline healthcare providers. To achieve this, they have been awarded a grant by the Mother Cabrini Health Foundation. The foundation's mission is to identify and implement innovative solutions to challenges within the healthcare system, contributing to the betterment of the medical field as a whole.


Official website here: www.gnyhafoundation.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)

The Greater New York Hospital Foundation Inc has achieved an 81% score from Charity Navigator, reflecting a solid level of accountability and financial management. With a high program expense ratio of 96.74%, the organization effectively directs a significant portion of its resources towards its programs, indicating a strong commitment to its mission.

The foundation also earned perfect scores in several critical areas, including its audit and oversight committee, conflict of interest policy, and whistleblower policy. These scores point to a robust governance structure that prioritizes transparency and ethical practices. The organization's low liabilities to assets ratio of 20.29% further suggests sound financial health.

While the overall rating is positive, the foundation benefits from continual monitoring and improvement to maintain its effectiveness and trust within the community. Enhancements in areas not specified in the available data could further bolster its reputation and operational capabilities.


This AI summary has been generated from information found on Charity Navigator.

Is Greater New York Hospital Foundation Inc legitimate?

Greater New York Hospital Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater New York Hospital Foundation Inc 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: $87,814
Professional Fundraising Fees: $0
Other Salaries and Wages: $180,973

For more financial information, click here


Official website here: www.gnyhafoundation.org

What is the mission statement of Greater New York Hospital Foundation Inc?

The Greater New York Hospital Foundation Inc's mission is centered around identifying and implementing innovative solutions to challenges within the healthcare system. This organization strives to enhance the well-being of clinicians, particularly those working in safety-net hospitals serving vulnerable communities in New York City. In December 2021, the foundation secured a grant from the Mother Cabrini Health Foundation to focus on improving strained relationships between senior leaders and frontline clinicians, an overlooked cause of clinician burnout. By addressing this issue, the foundation aims to contribute to improved patient care.


Official website here: www.gnyhafoundation.org

Who is the CEO of Greater New York Hospital Foundation Inc?

Lee H Perlman is the Chair of Greater New York Hospital Foundation Inc.


Official website here: www.gnyhafoundation.org

What is the revenue of Greater New York Hospital Foundation Inc?

Greater New York Hospital Foundation Inc's revenue in 2022 was $1,382,455.


Official website here: www.gnyhafoundation.org

Who are the executives of Greater New York Hospital Foundation Inc and what are their salaries?

There 2 volunteers at Greater New York Hospital Foundation Inc.


Here are 21 key members and their salaries:


Kenneth Gibbs (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathryn Martin (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitchell Katz (Vice Chair (H & H))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey I Farber (Vice Chair Lt Care (Began 5/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Ozuah (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick M O'Shaughnessy (Secretary (Began 5/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Boyd (Assistant Treasurer (Began 5/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
David Perlstein (At-Large (Began 5/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Boynton (At-Large (Began 5/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen M Blye (Chair, Audit & Compliance Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laray Brown (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven J Corwin (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis A Shapiro (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emma Devito (Vice Chair Lt Care (Thru 5/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Grossman (Past Chair (Thru 5/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary S Horan (Past Chair (Thru 5/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth L Davis (Past Chair (Thru 5/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Dowling (Past Chair (Thru 5/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth E Raske (President)
  • Compensation: $0
  • Related: $4,183,471
  • Other: $92,205
Lee H Perlman (Exec. Vp Administration & Cfo)
  • Compensation: $0
  • Related: $4,008,977
  • Other: $74,363
Timothy Johnson (Executive Director)
  • Compensation: $70,547
  • Related: $295,331
  • Other: $61,852


Official website here: www.gnyhafoundation.org

Where can I find the form 990 for Greater New York Hospital Foundation Inc?

Greater New York Hospital Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.gnyhafoundation.org

Learn more at the official website: www.gnyhafoundation.org

Mission Statement of Greater New York Hospital Foundation Inc

Greater New York Hospital Foundation Inc is committed to identifying and implementing innovative solutions to the challenges facing the healthcare system. Their mission is to proactively address these issues, aiming to improve the overall functioning and well-being of the healthcare sector. One of their current projects focuses on reducing clinician burnout, particularly in safety-net hospitals serving vulnerable communities in New York City. To achieve this, they have been awarded a grant by the Mother Cabrini Health Foundation to address the often-overlooked root cause of burnout: strained relationships between an organization's senior leaders and frontline clinicians responsible for patient care. The foundation is actively working on improving these relationships to enhance the well-being of clinicians, ultimately contributing to a more efficient and effective healthcare system.

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Impact




August, 2024

The Greater New York Hospital Foundation Inc's impact is focused on identifying and implementing innovative solutions to challenges facing the healthcare system. One key project is aimed at reducing clinician burnout and improving the well-being of clinicians providing services at five safety-net hospitals in New York City's most vulnerable communities. This initiative addresses strained relationships between senior leaders and frontline clinicians responsible for patient care delivery, ultimately working to alleviate a significant root cause of clinician burnout. This effort contributes to the overall wellness and effectiveness of healthcare providers in underserved areas, making a tangible difference in healthcare delivery.




This information is meant to be a general summary of Greater New York Hospital Foundation Inc. 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.

Revenue
$1,382,455 (2022)
Expenses
$974,850 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,032
  • Program Service Revenue: $256,423
  • Gross Receipts: $1,382,455

Assets and Liabilities:

  • Total Assets: $1,523,075
  • Total Liabilities: $309,049
  • Net Assets: $1,214,026

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EMERGENCY PREPAREDNESS

Revenue

$127,250

HEALTH RESEARCH

Revenue

$88,340

NYACH TELEHEALTH

Revenue

$40,833

Organization Details

Founding Year

1978

Principal Officer

Lee H Perlman

Main Address

555 WEST 57TH STREET 1500, NEW YORK, NY, 10019

NTEE Category

Code: E22 - Health

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