Northwell Healthcare Inc

Organization Overview

Northwell Healthcare Inc is located in Westbury, NY. The organization was established in 1994. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. As of 12/2021, Northwell Healthcare Inc employed 7,522 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northwell Healthcare Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2020, Northwell Healthcare Inc generated $1.8b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $1.8b during the year ending 12/2020. While expenses have increased by 10.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

NORTHWELL HEALTHCARE, INC. PROVIDES ADVISORY AND ADMINISTRATIVE SUPPORT SERVICES TO AFFILIATED HEALTH CARE ORGANIZATIONS WITHIN NORTHWELL HEALTH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NORTHWELL HEALTHCARE, INC COORDINATES POLICY MAKING & LONG-RANGE STRATEGIC PLANNING. PROVIDES ADVISORY AND ADMINISTRATIVE SUPPORT SERVICES TO THOSE ENTITIES UNDER COMMON CONTROL. ESTABLISHES AND CONDUCTS COMMUNITY EDUCATIONAL PROGRAMS RELATING TO THE PROMOTION OF HEALTH AND GENERAL WELFARE.


HOMECARE PROVIDES ADMINISTRATIVE SERVICES TO AFFILIATED HEALTH CARE ORGANIZATIONS WITHIN NORTHWELL HEALTH. THE EXPENSES WERE INCURRED IN PROVIDING SUCH SUPPORT.


CARE SOLUTIONS IS RESPONSIBLE FOR NORTHWELL HEALTH'S CARE MANAGEMENT PROGRAMS TO SUPPORT PHYSICIANS AND PATIENTS IN COORDINATING CARE AND DELIVERING QUALITY OUTCOMES.


OTHER SUPPORT PROVIDED TO AFFILIATES


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$2,766,919
Investment income $21,420,742
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $36,915,162
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,786,239,226

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Northwell Healthcare Inc has recieved totaling $49,384.

Awarding OrganizationAmount
Richard And Mary Morrison Foundation

Chicago, IL

PURPOSE: GENERAL

$39,384
Ruth Winkelman Wender Foundation

Wilmington, DE

PURPOSE: GENERAL OPERATIONS

$10,000
View Grant Recipient Profile

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