Overview
What is St Luke's-Roosevelt Hospital Center?
St. Luke's-Roosevelt Hospital Center, a merger of three distinguished hospitals with a rich history, is a renowned medical institution serving the health care needs of the New York community. Established in 1846, St. Luke's Hospital, the oldest, was founded to provide care for the sick poor. Women's Hospital, founded in 1855, focused on treating diseases peculiar to women. And, Roosevelt Hospital, chartered in 1864, was dedicated to caring for the sick and diseased. The mission of St. Luke's-Roosevelt Hospital Center is to provide compassionate patient care with seamless coordination and to advance medicine through unrivaled education, research, and outreach. With significant levels of tertiary care and specialized services, the hospital offers a comprehensive cardiovascular surgery program, an endocrinology and obesity program, a comprehensive hand surgery program, a renal transplant program, and one of the largest inpatient/outpatient AIDS programs in New York City. The hospital maintains a full range of outpatient services and has been designated as a trauma center and a Department of Health. In 2022, the hospital served approximately 230,572 patient days, with over 77% provided to Medicare and Medicaid patients. Despite its large patient load, the hospital, as a matter of policy, provides care to all patients regardless of their ability to pay. In 2022, the hospital provided over $62,369,398 of charity care services and incurred $67,045,559 in bad debts.
Official website here: www.mountsinai.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
St. Luke's-Roosevelt Hospital Center has earned a three-star rating from Charity Navigator, indicating a solid level of accountability and finance management. The overall score reflects a strong performance in various accountability metrics, particularly highlighting an independent board structure and robust financial oversight. The hospital's program expense ratio of 91.63% suggests that a significant portion of its expenditures is directed toward its programs, which is a positive indicator for potential donors.
However, the organization does have a notable concern with its liabilities to assets ratio, which stands at 104.09%. This ratio may raise questions about the hospital's financial stability and ability to manage its debt effectively. While the leadership compensation figures for key personnel are publicly available, the high salaries could be viewed as a limitation or a concern for some stakeholders who prioritize equitable pay structures within nonprofits.
Overall, St. Luke's-Roosevelt Hospital Center demonstrates a strong commitment to transparency and governance, as evidenced by the presence of conflict of interest and whistleblower policies. Potential donors and supporters may appreciate the high level of accountability but should carefully consider the financial health indicators presented in the overall rating.
This AI summary has been generated from information found on Charity Navigator.
Is St Luke's-Roosevelt Hospital Center legitimate?
St Luke's-Roosevelt Hospital Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Luke's-Roosevelt 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: $6,727,416
Professional Fundraising Fees: $0
Other Salaries and Wages: $566,456,415
For more financial information, click here
Official website here: www.mountsinai.org
What is the mission statement of St Luke's-Roosevelt Hospital Center?
St. Luke's-Roosevelt Hospital Center is dedicated to addressing the healthcare requirements of the New York community through primary and tertiary care services for both inpatients and outpatients. Founded in 1979 by the merger of three distinguished hospitals – St. Luke's, Women's, and Roosevelt – the institution carries forward their legacies of compassionate care and public service. St. Luke's Hospital, established in 1846, was founded by the Episcopal Church to cater to the sick poor. Women's Hospital, created in 1855, focused on treating diseases unique to women. And Roosevelt Hospital, chartered in 1864, was dedicated to providing relief and care for sick and diseased individuals. The mission of St. Luke's-Roosevelt Hospital Center encompasses providing compassionate patient care with seamless coordination and advancing medicine through unrivaled education, research, and outreach in the diverse communities it serves.
Official website here: www.mountsinai.org
Who is the CEO of St Luke's-Roosevelt Hospital Center?
Stephen Harvey is the Chief Executive Officer of St Luke's-Roosevelt Hospital Center. The CEO's salary of St Luke's-Roosevelt Hospital Center is $975,440 and their total compensation is $6,896,381.
Official website here: www.mountsinai.org
What is the revenue of St Luke's-Roosevelt Hospital Center?
St Luke's-Roosevelt Hospital Center's revenue in 2022 was $1,521,273,580.
Official website here: www.mountsinai.org
Who are the executives of St Luke's-Roosevelt Hospital Center and what are their salaries?
The average compensation at St Luke's-Roosevelt Hospital Center during 2022 was $69,125. There are 8292 employees and 215 volunteers at St Luke's-Roosevelt Hospital Center.
Here are 61 key members and their salaries (St Luke's-Roosevelt Hospital Center's CEO's salary is $975,440 and their total compensation is $6,896,381):
- Compensation: $975,440
- Related: $5,831,536
- Other: $89,405
- Compensation: $368,497
- Related: $2,203,011
- Other: $64,512
- Compensation: $320,904
- Related: $1,918,483
- Other: $50,417
- Compensation: $309,006
- Related: $1,804,579
- Other: $77,093
- Compensation: $267,635
- Related: $1,600,017
- Other: $87,355
- Compensation: $246,619
- Related: $1,440,242
- Other: $51,704
- Compensation: $1,638,964
- Related: $0
- Other: $50,022
- Compensation: $402,774
- Related: $1,235,850
- Other: $41,771
- Compensation: $221,930
- Related: $1,296,061
- Other: $32,107
- Compensation: $326,680
- Related: $1,104,872
- Other: $81,070
- Compensation: $181,988
- Related: $1,273,912
- Other: $51,827
- Compensation: $1,290,795
- Related: $0
- Other: $36,183
- Compensation: $69,595
- Related: $1,204,008
- Other: $41,879
- Compensation: $737,913
- Related: $0
- Other: $62,773
- Compensation: $724,689
- Related: $0
- Other: $67,306
- Compensation: $700,674
- Related: $0
- Other: $50,331
- Compensation: $98,085
- Related: $572,810
- Other: $52,869
- Compensation: $563,634
- Related: $0
- Other: $58,691
- Compensation: $460,826
- Related: $0
- Other: $52,324
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Official website here: www.mountsinai.org
Where can I find the form 990 for St Luke's-Roosevelt Hospital Center?
St Luke's-Roosevelt Hospital Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mountsinai.org
Learn more at the official website: www.mountsinai.org
Mission Statement of St Luke's-Roosevelt Hospital Center
St. Luke's-Roosevelt Hospital Center, a merger of three distinguished institutions, is dedicated to serving the diverse health care needs of the New York community through primary and tertiary care services for inpatients and outpatients. The organization, formed in 1979, carries on the legacy of St. Luke's Hospital, established in 1846 by the Episcopal Church to provide care for the sick poor; Women's Hospital, founded in 1855 for the treatment of diseases peculiar to women; and Roosevelt Hospital, chartered in 1864 to receive and relieve sick and diseased persons.
In line with its mission, St. Luke's-Roosevelt Hospital Center offers compassionate patient care with seamless coordination. The center is committed to advancing medicine through unrivaled education, research, and outreach. With a rich history rooted in public service, the hospital center continues to make a difference in the lives of many by providing superior health care services. The organization's primary focus is on delivering quality care to its patients, ensuring that every individual receives the attention and support they need during their time of need.
Furthermore, St. Luke's-Roosevelt Hospital Center is dedicated to advancing medicine through research and education. The center offers clinical education and engages in clinical research, contributing to the advancement of medical knowledge and the development of new treatments and therapies. By staying at the forefront of medical innovation, the hospital center is able to provide its patients with the most up-to-date and effective care, ensuring the best possible outcomes.
In summary, St. Luke's-Roosevelt Hospital Center, a beacon of hope and healing, carries on the legacy of three esteemed institutions. By providing compassionate patient care with seamless coordination and advancing medicine through unrivaled education, research, and outreach, the organization continues to make a difference in the lives of countless individuals in the diverse communities it serves.
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Impact
October, 2024
St. Luke's-Roosevelt Hospital Center plays a pivotal role in addressing the healthcare needs of the New York community by providing a comprehensive range of primary and tertiary care services. It serves both inpatient and outpatient populations, ensuring that patients receive the specialized care required for complex medical conditions. The hospital is equipped with advanced programs, including a comprehensive cardiovascular surgery initiative, an endocrinology and obesity program, and a renal transplant program, among others.
Designated as a trauma center by the New York City Emergency Medical System, St. Luke's-Roosevelt has had a significant impact, providing 266,485 clinic visits and handling 111,849 emergency room visits. A large portion of this care, over 77% of inpatient days, is dedicated to Medicare and Medicaid patients, highlighting the hospital's commitment to serving vulnerable populations.
In 2022 alone, the hospital delivered more than $62 million in charity care and faced over $67 million in bad debts, underscoring its policy to provide care regardless of a patient's ability to pay. Formed through the merger of three historically significant hospitals, St. Luke's-Roosevelt continues to fulfill its mission of compassionate patient care while advancing medical education, research, and outreach to the diverse communities it serves.
This information is meant to be a general summary of St Luke's-Roosevelt 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 2022.
- Investment Income: $4,382,258
- Program Service Revenue: $1,330,532,318
- Gross Receipts: $1,521,273,580
Assets and Liabilities:
- Total Assets: $1,414,823,205
- Total Liabilities: $1,472,719,530
- Net Assets: -$57,896,325
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICE REVENUE
Revenue
$1,328,855,528
COMMUNITY MENTAL HEALTH ALCOHOL INCOME
Revenue
$1,676,790
Organization Details
Founding Year
1864
Phone
(212) 731-3149Principal Officer
Stephen Harvey
Main Address
1111 AMSTERDAM AVENUE, NEW YORK, NY, 10025
Website
www.mountsinai.orgNTEE Category
Code: E22 - Health
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