Long Island Jewish Medical Center
- Assets
- $3.8b
- Revenue
- $3.6b
- Investments
- $0.0
- Employees
- 17,991
- Location
- Westbury, NY
- Founding
- 12/1955
- Data as of
- 12/2021
- EIN
- 11-2241326
Organization Overview
Long Island Jewish Medical Center is located in Westbury, NY. The organization was established in 1955. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2021, Long Island Jewish Medical Center employed 17,991 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Long Island Jewish Medical Center 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 12/2021, Long Island Jewish Medical Center generated $3.6b in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $3.4b during the year ending 12/2021. While expenses have increased by 9.2% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
LIJMC STRIVES TO IMPROVE THE HEALTH OF THE COMMUNITIES IT SERVES AND IS COMMITTED TO PROVIDING THE HIGHEST QUALITY OF CARE FOR THE COMMUNITY REGARDLESS OF ABILITY TO PAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LONG ISLAND JEWISH MEDICAL CENTER ("LIJ"),IS A TERTIARY ADULT CARE HOSPITAL. LIJ SERVES AS A CLINICAL CAMPUS FOR THE DONALD AND BARBARA ZUCKER SCHOOL OF MEDICINE AT HOFSTRA/NORTHWELL AND IT IS A NYS-DOH DESIGNATED STROKE CENTER IN 2021, LIJMC HAD 38,626 INPATIENT DISCHARGES, PROVIDED 87,090 EMERGENCY DEPARTMENT VISITS AND PERFORMED 12,311 AMBULATORY SURGERIES INCLUDING ENDOSCOPIES AND CARDIAC CATHETERIZATIONS.
COHEN CHILDREN'S MEDICAL CENTER ("CCMC"), IS A PEDIATRIC HOSPITAL. CCMC PROVIDES PRIMARY, SECONDARY, TERTIARY AND QUARTERNARY CARE THROUGH A CONTINUUM OF MEDICAL, SURGICAL, PSYCHIATRIC AND DENTAL PROGRAMS AND SERVICES, ON AN INPATIENT AND AMBULATORY BASIS. THE REGIONAL PEDIATRIC TRAUMA CENTER AT CCMC IS ONE OF ONLY THREE SUCH CENTERS IN ALL OF NEW YORK STATE THAT HAS RECEIVED THIS DESIGNATION. IN 2021, CCMC HAD 17,486 INPATIENT DISCHARGES, DELIVERED 6,971 BABIES, PROVIDED 52,880 EMERGENCY DEPARTMENT VISITS AND PERFORMED 3,370 AMBULATORY SURGERIES INCLUDING ENDOSCOPIES AND CARDIAC CATHETERIZATIONS.
ZUCKER HILLSIDE HOSPITAL IS A PREMIER BEHAVIORAL HEALTH HOSPITAL. IN 2021, ZUCKER HAD 4,035 INPATIENT DISCHARGES AND TREATED 160,696 PATIENTS THAT VISITED THE HEALTH CENTER. LIJ FOREST HILLS AND LIJ VALLEY STREAM ARE COMMUNITY HOSPITALS THAT PROVIDE A VARIETY OF INPATIENT SERVICES. IN 2021, THE HOSPITALS HAD 22,112 INPATIENT DISCHARGES, DELIVERED 1,931 BABIES, PROVIDED 88,372 EMERGENCY DEPARTMENT VISITS AND PERFORMED 8,831 AMBULATORY SURGERIES, INCLUDING ENDOSCOPIES AND OUTPATIENT CARDIAC CATHETERIZATIONS.
OTHER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lyle Leipziger MD Chief, Plastic Surgery | 50 | $3,080,906 | |
Omid Rahmani MD Chf, Endovascular Surgery | 50 | $3,038,788 | |
Nicholas Bastidas MD Physician | 50 | $2,793,432 | |
Neil Tanna MD Chf, Plastic Surgery | 50 | $2,647,171 | |
Angelo Reppucci MD Dir, Otolaryngology | 50 | $2,613,869 | |
Michael Goldberg Executive Director Lijmc | Officer | 50 | $983,324 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cross Country Staffing Nursing Fees | 12/30/21 | $20,224,650 |
Lend Lease Us Construction Construction Mgmt | 12/30/21 | $9,026,666 |
Axis Construction Co Construction Mgmt | 12/30/21 | $13,085,927 |
Tvr Communications Llc Communications | 12/30/21 | $3,429,242 |
Unitex Textile Rental Linen Services | 12/30/21 | $4,209,650 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $5,785,713 |
| Government grants | $14,353,464 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,900 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,148,077 |
| Total Program Service Revenue | $3,429,046,609 |
| Investment income | $7,914,997 |
| Tax Exempt Bond Proceeds | $33,434 |
| Royalties | $0 |
| Net Rental Income | $14,398,361 |
| Net Gain/Loss on Asset Sales | $89,268,323 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,614,115,993 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $983,324 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,704,583,194 |
| Pension plan accruals and contributions | $76,161,690 |
| Other employee benefits | $230,836,339 |
| Payroll taxes | $102,979,143 |
| Fees for services: Management | $3,297,973 |
| Fees for services: Legal | $1,038,271 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,443,946 |
| Advertising and promotion | $1,697,726 |
| Office expenses | $511,114,832 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $43,607,176 |
| Travel | $1,120,307 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,363,803 |
| Interest | $40,708,834 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $89,549,418 |
| Insurance | $68,949,299 |
| All other expenses | $11,906,375 |
| Total functional expenses | $3,423,868,441 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,103,032,209 |
| Pledges and grants receivable | $9,322,367 |
| Accounts receivable, net | $417,672,147 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $30,748,388 |
| Prepaid expenses and deferred charges | $5,677,229 |
| Net Land, buildings, and equipment | $1,281,204,546 |
| Investments—publicly traded securities | $473,200,221 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $493,708,197 |
| Total assets | $3,814,565,304 |
| Accounts payable and accrued expenses | $337,374,689 |
| Grants payable | $0 |
| Deferred revenue | $17,135,601 |
| Tax-exempt bond liabilities | $467,176,395 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $257,497,281 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,558,618,288 |
| Total liabilities | $2,637,802,254 |
| Net assets without donor restrictions | $994,533,513 |
| Net assets with donor restrictions | $182,229,537 |
| 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 | $3,814,565,304 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Long Island Jewish Medical Center has recieved totaling $10,878,973.
| Awarding Organization | Amount |
|---|---|
Northwell Health Foundation Westbury, NY PURPOSE: GENERAL SUPPORT | $10,349,354 |
Cystic Fibrosis Foundation Bethesda, MD PURPOSE: CF CARE CENTER | $330,546 |
Childrens Medical Fund Of New York Syosset, NY PURPOSE: TO FUND CHILDLIFE PROGRAMS AND CENTER FOR PEDIATRIC IMAGING. | $186,523 |
American Thrombosis And Hemostasisnetwork Inc Rochester, NY PURPOSE: DATA MANAGEMENT CAPACITY RESEARCH | $7,550 |
National Mah Jongg League Foundation Inc Harrison, NY PURPOSE: COHEN CHILDREN'S MEDICAL CENTER | $5,000 |
Endowment Analysis
| Beg. Balance | $15,477,332 |
| Earnings | $2,273,127 |
| Other Expense | $439,020 |
| Ending Balance | $17,311,439 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Capital Health System Inc Trenton, NJ | $1,004,952,628 | $942,087,433 |
Southcoast Hospitals Group Inc New Bedford, MA | $1,265,624,200 | $959,620,935 |
Physician Affiliate Group Of New York Pc New York, NY | $38,559,626 | $838,367,537 |
South Shore University Hospital Westbury, NY | $537,264,084 | $780,287,744 |
St Barnabas Hospital Bronx, NY | $509,709,936 | $489,229,934 |
Svmc Holdings Inc Bridgeport, CT | $272,750,174 | $429,886,007 |
Barnabas Health Medical Group P C Oceanport, NJ | $150,195,711 | $412,355,034 |
Richmond Medical Center Staten Island, NY | $435,447,032 | $376,664,767 |
Virtua Medical Group Pa Marlton, NJ | $139,534,325 | $238,443,738 |
Trinitas Regional Medical Center A New Jersey Nonprofit Corporation Elizabeth, NJ | $505,269,561 | $345,999,545 |
St Lukes Hospital Anderson Campus Allentown, PA | $273,325,539 | $361,430,735 |
St Joseph Regional Health Network Reading, PA | $174,700,776 | $307,422,246 |