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Yale New Haven Health Services Corporation

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

EIN: 222529464 ✦ New haven, CT ✦ Designated as a 501(c)(3)

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Overview

What is Yale New Haven Health Services Corporation?

Yale New Haven Health Services Corporation is a nonprofit organization dedicated to promoting charitable, scientific, and educational activities. Their primary mission is to support their member healthcare organizations in innovating and excelling in patient care, teaching, and research. They aim to deliver exceptional patient care, foster a positive work environment for employees and physicians, and use their resources effectively and efficiently.


Official website here: www.ynhhs.org

What are the reviews and ratings of this charity?

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

Yale New Haven Health Services Corporation has received an 81% rating from Charity Navigator, indicating a solid performance in accountability and finance. The rating reflects a strong commitment to transparency, with an independent board comprising 85% of its members. The organization has established comprehensive policies, including conflict of interest and whistleblower protections, which contribute positively to its governance practices.

Financially, the organization exhibits a high program expense ratio of 83.65%, suggesting that a significant portion of its resources is directed towards its mission-driven activities. Additionally, it demonstrates robust financial oversight with no reported material diversion of assets and a well-structured audit and oversight committee. However, the liabilities to assets ratio of 81.72% indicates potential concerns regarding financial leverage.

Overall, while Yale New Haven Health Services Corporation shows strengths in governance and program expenditure, stakeholders should remain aware of the high liabilities relative to its assets. This aspect could warrant closer scrutiny in evaluating the organization's long-term financial health and sustainability.


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

Is Yale New Haven Health Services Corporation legitimate?

Yale New Haven Health Services Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yale New Haven Health Services Corporation 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: $10,025,082
Professional Fundraising Fees: $0
Other Salaries and Wages: $358,647,445

For more financial information, click here


Official website here: www.ynhhs.org

What is the mission statement of Yale New Haven Health Services Corporation?

The Yale New Haven Health Services Corporation is dedicated to promoting charitable, scientific, and educational activities. This mission extends to supporting its member healthcare organizations in their pursuit of innovation and excellence in patient care, teaching, and research. The organization strives to deliver outstanding patient care while creating an optimal working environment for employees and physicians. Efficient use of resources is also a priority to ensure effective healthcare delivery. In essence, Yale New Haven Health Services Corporation aims to foster growth and improvement within its member healthcare institutions.


Official website here: www.ynhhs.org

Who is the CEO of Yale New Haven Health Services Corporation?

Gail Kosyla is the Ceo/Trustee of Yale New Haven Health Services Corporation. The CEO's salary of Yale New Haven Health Services Corporation is $699,707 and their total compensation is $2,454,211.


Official website here: www.ynhhs.org

What is the revenue of Yale New Haven Health Services Corporation?

Yale New Haven Health Services Corporation's revenue in 2022 was $921,332,963.


Official website here: www.ynhhs.org

Who are the executives of Yale New Haven Health Services Corporation and what are their salaries?

The average compensation at Yale New Haven Health Services Corporation during 2022 was $90,052. There are 4094 employees and 19 volunteers at Yale New Haven Health Services Corporation.


Here are 67 key members and their salaries (Yale New Haven Health Services Corporation's CEO's salary is $699,707 and their total compensation is $2,454,211):


Marna Borgstrom (Ceo/Trustee)
  • Compensation: $1,689,019
  • Related: $2,533,528
  • Other: $1,296,415
Stephen Allegretto (Former Officer (Cy2021 Comp))
  • Compensation: $0
  • Related: $496,565
  • Other: $81,398
Stephen Allegretto (Former Officer (Vested Deferred))
  • Compensation: $0
  • Related: $2,480,400
  • Other: $0
Richard D'Aquila (Former Officer)
  • Compensation: $0
  • Related: $2,742,045
  • Other: $0
Christopher O'Connor (Ceo/Trustee)
  • Compensation: $699,707
  • Related: $1,049,561
  • Other: $704,943
Thomas Balcezak (Evp & Cco)
  • Compensation: $108,407
  • Related: $1,337,024
  • Other: $614,539
Vincent Tammaro (Treasurer)
  • Compensation: $575,839
  • Related: $863,760
  • Other: $604,620
William Aseltyne (Associate Secretary)
  • Compensation: $338,583
  • Related: $1,443,431
  • Other: $193,088
Keith Churchwell (Evp & President)
  • Compensation: $128,142
  • Related: $1,153,286
  • Other: $571,431
Kevin Myatt (Former Officer (Cy2021 Comp))
  • Compensation: $1,280,360
  • Related: $0
  • Other: $32,628
Kevin Myatt (Former Officer (Vested Deferred))
  • Compensation: $156,162
  • Related: $0
  • Other: $0
Lisa Stump (Svp/Cio)
  • Compensation: $410,680
  • Related: $616,022
  • Other: $442,438
Vincent Petrini (Svp)
  • Compensation: $0
  • Related: $1,238,518
  • Other: $138,207
Patrick Green (Evp)
  • Compensation: $286,492
  • Related: $668,482
  • Other: $408,284
Anne Diamond (Evp/President Bh)
  • Compensation: $139,757
  • Related: $791,953
  • Other: $363,056
Norman Roth (Former Officer)
  • Compensation: $1,236,441
  • Related: $0
  • Other: $0
Diane Kelly (Evp/President Gh)
  • Compensation: $132,576
  • Related: $751,265
  • Other: $332,076
Cynthia Sparer (Evp (Current Yr Comp))
  • Compensation: $0
  • Related: $1,006,002
  • Other: $36,825
Cynthia Sparer (Evp (Vested Deferred))
  • Compensation: $0
  • Related: $171,538
  • Other: $0
Thomas Newman (Svp)
  • Compensation: $321,998
  • Related: $482,996
  • Other: $350,992
Pamela Scagliarini (Svp)
  • Compensation: $0
  • Related: $744,122
  • Other: $348,330
Patrick Mccabe (Svp (Current Yr Comp))
  • Compensation: $822,930
  • Related: $0
  • Other: $164,755
Patrick Mccabe (Svp (Vested Deferred))
  • Compensation: $4,462
  • Related: $0
  • Other: $0
Matthew Comerford (Svp/Cso)
  • Compensation: $21,951
  • Related: $709,753
  • Other: $242,427
Michael Ivy (Deputy Cmo)
  • Compensation: $842,816
  • Related: $0
  • Other: $128,535
Elizabeth Beckman (Svp/Cne)
  • Compensation: $5,002
  • Related: $828,758
  • Other: $100,436
John Skelly (Vp)
  • Compensation: $4,165
  • Related: $690,059
  • Other: $317,291
Ian Schwartz (Svp/Ccoo)
  • Compensation: $60,096
  • Related: $691,104
  • Other: $136,967
Melissa Turner (Svp/Chro)
  • Compensation: $236,104
  • Related: $354,156
  • Other: $286,874
Denise Fiore (Svp)
  • Compensation: $73,349
  • Related: $660,144
  • Other: $130,351
Michael Angelini (Svp/Treasurer/Cio, Int Cfo)
  • Compensation: $18,506
  • Related: $598,367
  • Other: $220,914
Lorraine Lee (Svp)
  • Compensation: $48,400
  • Related: $556,603
  • Other: $220,932
Prathibha Varkey (Former Officer (Cy2021 Comp))
  • Compensation: $0
  • Related: $806,022
  • Other: $13,113
Carolyn Salsgiver-Kobsa (Vp)
  • Compensation: $0
  • Related: $542,844
  • Other: $248,918
Richard Goldstein (Interim President Nemg)
  • Compensation: $0
  • Related: $751,783
  • Other: $38,071
Steven Choi (Vp/Cqo)
  • Compensation: $699,659
  • Related: $0
  • Other: $38,330
Marc Kosak (Svp/Coo Gh)
  • Compensation: $0
  • Related: $533,006
  • Other: $191,679
Joseph Bisson (Svp Business Dev)
  • Compensation: $588,699
  • Related: $0
  • Other: $108,934
Eugene Colucci (Vp)
  • Compensation: $65,014
  • Related: $585,128
  • Other: $45,324
James Morris (Vp (Current Yr Comp))
  • Compensation: $19,494
  • Related: $461,340
  • Other: $37,763
James Morris (Vp (Vested Deferred))
  • Compensation: $0
  • Related: $76,127
  • Other: $0
Deremius Williams (Svp/Ps&I)
  • Compensation: $0
  • Related: $480,508
  • Other: $81,583
Stephen Jones (Medical Director)
  • Compensation: $475,344
  • Related: $0
  • Other: $50,450
Mark Russi (Medical Director)
  • Compensation: $458,940
  • Related: $0
  • Other: $56,756
Michael Dimenstein (Former Officer)
  • Compensation: $328,252
  • Related: $0
  • Other: $0
David Wurcel (Former Officer)
  • Compensation: $257,695
  • Related: $0
  • Other: $0
William Jennings (Former Officer)
  • Compensation: $118,770
  • Related: $0
  • Other: $0
Mary Farrell (Vice Chair/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vincent Calarco (Chair/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Crespo (Secretary/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meredith Reuben (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
W Robert Berkley Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Callahan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jocelyn Cunningham (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Falconi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlton Highsmith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Hollander (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Ketchum (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Lahey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Lorimer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Mitchell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
B Michael Rauh (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Salovey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Strobel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elliot Sussman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Torgerson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Sutton-Wallace (Coo - Hire Date 7/11/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ynhhs.org

Where can I find the form 990 for Yale New Haven Health Services Corporation?

Yale New Haven Health Services Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ynhhs.org

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

Mission Statement of Yale New Haven Health Services Corporation

Yale New Haven Health Services Corporation, a leading nonprofit organization, is dedicated to promoting charitable, scientific, and educational activities. In pursuit of this mission, the corporation supports its member healthcare organizations in their innovative and excellent patient care, teaching, and research endeavors.

Yale New Haven Health System strives to deliver exceptional patient care, creating an optimal work environment for its staff and physicians. The corporation's primary focus lies in utilizing its resources effectively and efficiently to ensure the best possible outcomes for those it serves. By fostering a culture of innovation and excellence, Yale New Haven Health System consistently sets new standards in the healthcare industry.

In essence, Yale New Haven Health Services Corporation serves as a catalyst for growth and progress within its member healthcare organizations. By providing the necessary resources and support, the corporation enables these organizations to excel in their respective fields, ultimately leading to improved patient care and groundbreaking discoveries. Through its unwavering commitment to charitable, scientific, and educational activities, Yale New Haven Health Services Corporation continues to make a significant impact on the healthcare landscape.

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Impact




October, 2024

Yale New Haven Health Services Corporation fosters innovation and excellence in healthcare through its commitment to outstanding patient care, a supportive working environment, and efficient resource management. By promoting charitable, scientific, and educational activities, it enhances the overall quality of healthcare services provided by its member organizations. Located in New Haven, CT, the corporation plays a significant role in advancing research and teaching, further contributing to the development of best practices in patient care. Its impact is felt across the healthcare landscape, as it aims to continually improve patient outcomes and bolster the professional environment for healthcare providers.




This information is meant to be a general summary of Yale New Haven Health Services Corporation. 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
$921,332,963 (2022)
Expenses
$906,336,457 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $30,963,316
  • Program Service Revenue: $881,911,125
  • Gross Receipts: $1,381,759,571

Assets and Liabilities:

  • Total Assets: $2,444,977,032
  • Total Liabilities: $2,024,993,474
  • Net Assets: $419,983,558

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Programs

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

MANAGEMENT SERVICES

Revenue

$684,496,271

INSURANCE PREMIUMS

Revenue

$85,681,366

SYSTEM SUPPORT SERVICE

Revenue

$82,205,349

EMERGENCY PREPAREDNESS

Revenue

$29,528,139

Organization Details

Founding Year

1983

Principal Officer

Gail Kosyla

Main Address

789 HOWARD AVENUE, NEW HAVEN, CT, 06519

NTEE Category

Code: E120 - Health

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