Overview
What is Nyu Langone Health System?
Nyu Langone Health System is a nonprofit organization headquartered in New York City, specifically at 550 First Avenue, New York, NY 10016. Its primary role is to support Nyu Langone Hospitals (NYULH) and the NYU Grossman School of Medicine in their respective missions to enhance community health and well-being. The organization's purpose includes facilitating strategic planning, policy making, and governance for the supported institutions. Additionally, it fosters charitable, scientific, and educational services and programs related to medicine, surgery, nursing, and related fields for the betterment of human health. Nyu Langone Health System also sponsors licensed operators of chemical dependence, alcoholism, and substance abuse services and a mental health service provider. The corporation operates exclusively for the benefit of the aforementioned organizations.
What are the reviews and ratings of this charity?
Charity Navigator Rating 79% - Three-Star out of Four Star Rating
Nyu Langone Health System has received a Three-Star rating from Charity Navigator, reflecting a score of 79%. This score is entirely derived from its Accountability & Finance metrics, indicating a solid commitment to financial stewardship and governance. The organization has demonstrated strong practices in various areas, such as having an independent board comprised of 88% independent members and a comprehensive conflict of interest policy.
One of the strengths highlighted is the impressive program expense ratio of 98.75%, showcasing that the vast majority of its expenditures are directed toward programs rather than administrative overhead. Additionally, the organization has established robust oversight through its audit and oversight committee and maintains effective policies for whistleblower protections and document retention.
While the rating is generally positive, the reliance on a single beacon score means that potential donors and stakeholders are encouraged to look deeper into other aspects of the organization’s performance and impact. Overall, Nyu Langone Health System exhibits strong accountability and finance practices, making it a trustworthy choice for support.
This AI summary has been generated from information found on Charity Navigator.
Is Nyu Langone Health System legitimate?
Nyu Langone Health System is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nyu Langone Health System 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: $0
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Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Nyu Langone Health System?
The NYU Langone Health System is dedicated to enhancing the health and wellbeing of the communities it serves. The organization operates primarily to support its affiliated institutions in achieving their respective missions. In doing so, it contributes to the planning, preparation, promotion, and assistance of these organizations. Additionally, NYU Langone Health System sponsors charitable, scientific, or educational programs and services that advance knowledge and practice in medicine, surgery, nursing, and related fields. It also supports a licensed operator of chemical dependence, alcoholism, and substance abuse services, as well as a mental health service provider. Overall, the Health System is committed to improving health and welfare through various charitable and educational initiatives.
Who is the CEO of Nyu Langone Health System?
Daniel J Widawsky is the Chair of Nyu Langone Health System. The CEO's salary of Nyu Langone Health System is $0 and their total compensation is $19,104,692.
What is the revenue of Nyu Langone Health System?
Nyu Langone Health System's revenue in 2022 was $17,911,011.
Who are the executives of Nyu Langone Health System and what are their salaries?
There are 2926 employees and 6 volunteers at Nyu Langone Health System.
Here are 65 key members and their salaries (Nyu Langone Health System's CEO's salary is $0 and their total compensation is $19,104,692):
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Where can I find the form 990 for Nyu Langone Health System?
Nyu Langone Health System's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Nyu Langone Health System
Nyu Langone Health System, a renowned organization, operates with the primary objective of supporting the activities of its subsidiary institutions. Its mission is geared towards enhancing the health and welfare of the communities that these organizations serve. The corporation, run exclusively for the benefit of Nyu Langone Hospitals and its affiliated organizations, strives to achieve this goal in several ways.
First and foremost, Nyu Langone Health System assists its supported organizations in fulfilling their respective missions, governance, policy-making, and strategic planning. This collaboration enables the organizations to effectively reach and serve their communities. Additionally, the corporation sponsors and promotes charitable, scientific, or educational services and programs that advance the knowledge and practice of medicine, surgery, nursing, and related fields. This commitment to research and education contributes significantly to the ongoing improvement of healthcare services.
Moreover, Nyu Langone Health System also sponsors a licensed operator of chemical dependence, alcoholism, and substance abuse services. By providing support to this essential service, the organization ensures access to vital resources for those struggling with addiction. Furthermore, the corporation sponsors a licensed mental health service provider, addressing the emotional well-being of individuals and communities. With these multifaceted initiatives, Nyu Langone Health System plays a pivotal role in improving the overall health and well-being of the communities it serves.
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Impact
October, 2024
NYU Langone Health System plays a critical role in advancing health and welfare in the communities it serves. By supporting NYU Langone Hospitals and NYU Grossman School of Medicine, it focuses on enhancing the quality and accessibility of healthcare services. The system is dedicated to improving community health through strategic planning, governance, and policy-making, which helps its affiliated organizations deliver efficient and effective care.
Through its initiatives, NYU Langone Health System develops and promotes a range of charitable, scientific, and educational programs that advance medical knowledge and practice. This includes a commitment to education and research in various fields, including medicine, surgery, and nursing. Additionally, it sponsors services for substance abuse treatment and mental health care, addressing critical issues within the community.
The impact of NYU Langone Health System extends beyond patient care; it is instrumental in fostering a healthier, more informed public through comprehensive support for medical education and community health initiatives. Its efforts contribute to both immediate healthcare needs and long-term improvements in health outcomes across New York and surrounding areas.
This information is meant to be a general summary of Nyu Langone Health System. 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.
- Gross Receipts: $17,911,011
Assets and Liabilities:
- Total Assets: $323,573,777
- Total Liabilities: $333,318,234
- Net Assets: -$9,744,457
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Organization Details
Founding Year
2014
Phone
(212) 263-3092Principal Officer
Daniel J Widawsky
Main Address
550 FIRST AVENUE MSB 153, NEW YORK, NY, 10016
NTEE Category
Code: E19 - Health
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