Long Island Community Hospital At Nyu Langone Health
- Assets
- $360.0m
- Revenue
- $273.3m
- Investments
- $25.0m
- Employees
- 1,925
- Location
- Patchogue, NY
- Founding
- 08/1959
- Data as of
- 08/2023
- EIN
- 11-1704595
Organization Overview
Long Island Community Hospital At Nyu Langone Health, operating under the name Long Island Community Hospital, is located in Patchogue, NY. The organization was established in 1959. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 08/2023, Long Island Community Hospital employed 1,925 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Long Island Community Hospital 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 08/2023, Long Island Community Hospital generated $273.3m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $320.7m during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
LONG ISLAND COMMUNITY HOSPITAL AT NYU LANGONE HEALTH (D/B/A LONG ISLAND COMMUNITY HOSPITAL) ("LICH"), WAS ESTABLISHED TO DELIVER ACCESSIBLE HIGH-QUALITY HEALTH SERVICES IN A FOCUSED CARING AND TEACHING ENVIRONMENT WHILE PROVIDING HEALTH ADVOCACY FOR THE COMMUNITY AND PEOPLE WE SERVE. EFFECTIVE MARCH 1, 2022, PURSUANT TO THE TERMS OF AN AFFILIATION AGREEMENT (THE "AFFILIATION AGREEMENT"), NYU LANGONE HEALTH SYSTEM ("NYULHS") FORMALLY ACQUIRED AND BECAME THE SOLE CORPORATE MEMBER OF LICH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LICH, LOCATED IN PATCHOGUE, NEW YORK, IS A NOT-FOR-PROFIT ACUTE CARE HOSPITAL LICENSED TO OPERATE 306 BEDS. LICH PROVIDES INPATIENT, OUTPATIENT, AND EMERGENCY CARE SERVICES PRIMARILY TO RESIDENTS OF SUFFOLK COUNTY. DURING THE 12-MONTH PERIOD ENDED AUGUST 2023, LICH HAD 8,222 DISCHARGES (INCLUDING PSYCHIATRIC DISCHARGES) RESULTING IN 43,962 PATIENT DAYS AND PROVIDED 55,858 OUTPATIENT VISITS (EMERGENCY ROOM VISITS - 36,350, 4,614 OUTPATIENT SURGERY PROCEDURES AND 1,142 PRIMARY CARE VISITS).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ernest Patrick Smith Chairman | OfficerTrustee | 0.5 | $0 |
Felix Grucci Jr Vice Chairman | OfficerTrustee | 0.5 | $0 |
Frederick C Braun III Trustee | Trustee | 0.5 | $0 |
Andrew W Brotman MD Trustee | Trustee | 0.5 | $0 |
Gary Brown Trustee | Trustee | 0.5 | $0 |
Joseph Greco MD Trustee | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cerner Corporation Consulting | 8/30/23 | $4,472,422 |
Progressive Emergency Staffing | 8/30/23 | $3,281,552 |
Barton & Associates Inc Staffing | 8/30/23 | $1,906,831 |
Vaya Workforce Solutions Inc Staffing | 8/30/23 | $1,628,580 |
Aya Healthcare Inc Staffing | 8/30/23 | $1,254,048 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $554,984 |
| All other contributions, gifts, grants, and similar amounts not included above | $147,644 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $702,628 |
| Total Program Service Revenue | $265,040,168 |
| Investment income | $443,759 |
| Tax Exempt Bond Proceeds | $639,028 |
| Royalties | $0 |
| Net Rental Income | $101,930 |
| Net Gain/Loss on Asset Sales | $53,209 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $273,319,456 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,824,606 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,393,320 |
| Compensation of current officers, directors, key employees. | $649,547 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $115,711,084 |
| Pension plan accruals and contributions | $7,361,798 |
| Other employee benefits | $23,161,132 |
| Payroll taxes | $8,629,624 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $666,301 |
| Fees for services: Accounting | $178,284 |
| Fees for services: Lobbying | $60,167 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,323 |
| Fees for services: Other | $66,251,030 |
| Advertising and promotion | $295,475 |
| Office expenses | $10,874,352 |
| Information technology | $676,249 |
| Royalties | $0 |
| Occupancy | $11,956,895 |
| Travel | $38,533 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,057 |
| Interest | $3,848,674 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,469,980 |
| Insurance | $3,557,812 |
| All other expenses | $806,628 |
| Total functional expenses | $320,660,689 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,270,590 |
| Savings and temporary cash investments | $6,059,500 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $31,144,750 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,683,256 |
| Prepaid expenses and deferred charges | $330,238 |
| Net Land, buildings, and equipment | $221,240,580 |
| Investments—publicly traded securities | $3,566,078 |
| Investments—other securities | $25,032,805 |
| Investments—program-related | $2,100,000 |
| Intangible assets | $0 |
| Other assets | $38,549,769 |
| Total assets | $359,977,566 |
| Accounts payable and accrued expenses | $63,843,073 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $66,253,896 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $29,442,360 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $175,202,318 |
| Total liabilities | $334,741,647 |
| Net assets without donor restrictions | $21,333,560 |
| Net assets with donor restrictions | $3,902,359 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $359,977,566 |