Overview
What is Nyu Langone Hospitals?
Nyu Langone Hospitals, a quaternary teaching institution, operates five inpatient acute care facilities and over 40 ambulatory facilities across Manhattan, Brooklyn, and Long Island. The Manhattan-based facilities include the 813-bed Kimmel Pavilion and Tisch Hospital, the 225-bed orthopedic hospital, and the hospitals in Brooklyn and Long Island, which have 444 and 591 beds, respectively. The healthcare system, NYU Langone Health, is dedicated to patient care, education, and research. With a workforce of approximately 27,000 employees, they had 96,133 discharges (excluding newborns) and 1,815,493 outpatient visits in 20XX. Their mission is to provide access to healthcare, improve community health, and operate an emergency room open to all, regardless of ability to pay.
Official website here: www.nyulangone.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating) from Charity Navigator.
Nyu Langone Hospitals has received a high rating of 96%, indicating strong performance in the categories of accountability and finance. This rating is based entirely on a single beacon score, reflecting the organization’s commitment to transparency and effective use of funds. An impressive 88% of board members are independent, which supports unbiased governance, and the board size is notably large with 45 independent members.
The organization demonstrates exceptional financial practices, scoring full points in areas such as audit and oversight committee performance, and maintaining no material diversion of assets. With a program expense ratio of 80.27%, a significant portion of its budget is directed toward its programs rather than administrative costs, which is a positive indicator of its operational efficiency.
While the data showcases robust governance and financial health, the overview does not highlight any specific challenges or areas for improvement. Overall, Nyu Langone Hospitals stands out as a well-managed nonprofit, prioritizing accountability and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Nyu Langone Hospitals legitimate?
Nyu Langone Hospitals is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nyu Langone Hospitals 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: $41,930,798
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,346,013,129
For more financial information, click here
Official website here: www.nyulangone.org
What is the mission statement of Nyu Langone Hospitals?
Nyu Langone Hospitals are committed to a threefold mission: serving, teaching, and discovering. This mission is upheld daily through an academic culture that prioritizes excellence in patient care, education, and research. The board's adopted statement declares that Nyu Langone Hospitals, in collaboration with New York University's medical schools, will form a health system devoted to delivering exceptional patient care, education, and research. To further its mission, the hospital ensures access to healthcare for all and strives to enhance health in the communities it serves. The emergency room is open to everyone, regardless of their ability to pay.
Official website here: www.nyulangone.org
Who is the CEO of Nyu Langone Hospitals?
Robert I Grossman Md is the CEO of Nyu Langone Hospitals The CEO's salary of Nyu Langone Hospitals is $8,829,014 and their total compensation is $22,767,598.
Official website here: www.nyulangone.org
What is the revenue of Nyu Langone Hospitals?
Nyu Langone Hospitals's revenue in 2023 was $8,868,510,832.
Official website here: www.nyulangone.org
Who are the executives of Nyu Langone Hospitals and what are their salaries?
The average compensation at Nyu Langone Hospitals during 2023 was $84,068. There are 28405 employees and 930 volunteers at Nyu Langone Hospitals.
Here are 72 key members and their salaries (Nyu Langone Hospitals's CEO's salary is $8,829,014 and their total compensation is $22,767,598):
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- Compensation: $8,829,014
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- Other: $63,213
Official website here: www.nyulangone.org
Where can I find the form 990 for Nyu Langone Hospitals?
Nyu Langone Hospitals's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nyulangone.org
Learn more at the official website: www.nyulangone.org
Mission Statement of Nyu Langone Hospitals
NYU Langone Hospitals, a renowned nonprofit organization, is dedicated to serving, teaching, and discovering with a commitment to excellence in patient care, education, and research. The mission statement adopted by the board reads, "NYU Langone Hospitals (the 'Hospital') will operate with New York University's medical schools a health system, 'NYU Langone Health,' devoted to excellence in patient care, education, and research."
In pursuit of this mission, NYU Langone Hospitals provide access to healthcare and strive to improve health in the communities they serve. The organization goes beyond the hospital walls, operating an emergency room open to all individuals, regardless of their ability to pay. This unwavering commitment to serving the community is a testament to NYU Langone Hospitals' unyielding dedication to making a difference in people's lives.
NYU Langone Hospitals' trifold mission is achieved daily through an integrated academic culture. The organization's healthcare professionals work tirelessly to deliver exceptional patient care, drawing on the latest research and advancements in medical science. Simultaneously, the organization invests in the education of the next generation of healthcare professionals, ensuring the continued growth and development of the industry. Furthermore, NYU Langone Hospitals' researchers are at the forefront of medical breakthroughs, pushing the boundaries of knowledge and advancing the field of medicine.
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Impact
October, 2024
NYU Langone Hospitals significantly impacts the healthcare landscape through its commitment to excellence in patient care, education, and research. Operating five inpatient acute care facilities and over 40 ambulatory sites in New York City and Long Island, it provides comprehensive health services to a diverse population.
In the past year alone, NYU Langone Hospitals recorded 96,133 discharges and facilitated over 1.8 million outpatient visits. These services included a substantial number of emergency room encounters and specialized cancer treatments. The hospitals are equipped to handle a variety of complex health issues, demonstrating a strong focus on quaternary care—an advanced level of specialized healthcare.
The institution's integrated academic culture fosters an environment of continuous learning and innovation, which enhances the quality of care provided. With an average inpatient stay of 5.2 days, NYU Langone Hospitals effectively manages patient needs through extensive resources, including the Hassenfeld Children's Hospital and the Laura and Isaac Perlmutter Cancer Center.
Through its mission to improve health in the communities it serves and provide healthcare access regardless of patients' financial circumstances, NYU Langone Hospitals is a cornerstone of the region's healthcare system, continually working to advance medical knowledge and patient outcomes.
This information is meant to be a general summary of Nyu Langone Hospitals. 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 2023.
- Investment Income: $104,640,245
- Program Service Revenue: $7,810,330,514
- Gross Receipts: $11,424,339,251
Assets and Liabilities:
- Total Assets: $10,501,590,232
- Total Liabilities: $5,715,854,690
- Net Assets: $4,785,735,542
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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
$7,123,520,434
PHARMACY SALES
Revenue
$686,810,080
Organization Details
Founding Year
1998
Principal Officer
Joseph J Lhota
Website
www.nyulangone.orgNTEE Category
Code: E20G - Health
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