Hudson Valley Hospital Center
- Assets
- $319.7m
- Revenue
- $237.5m
- Investments
- $0.0
- Employees
- 1,308
- Location
- Cortlandt Manor, NY
- Founding
- 12/1938
- Data as of
- 12/2021
- EIN
- 13-1740120
Organization Overview
Hudson Valley Hospital Center, operating under the name Newyork-Presbhudson Valley Hospital, is located in Cortlandt Manor, NY. The organization was established in 1938. 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 12/2021, Newyork-Presbhudson Valley Hospital employed 1,308 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newyork-Presbhudson Valley 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 12/2021, Newyork-Presbhudson Valley Hospital generated $237.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $247.2m during the year ending 12/2021. While expenses have increased by 6.5% 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.
Since 2016, Newyork-Presbhudson Valley Hospital has awarded 15 individual grants totaling $146,578. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE THE HEALTHCARE NEEDS OF THE COMMUNITY AND TO PROVIDE QUALITY CARE IN A COMPASSIONATE, PROFESSIONAL MANNER, WITHOUT REGARD TO RACE, RELIGION, NATURAL ORIGIN OR DISEASE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HUDSON VALLEY HOSPITAL CENTER DBA NEWYORK-PRESBYTERIAN/HUDSON VALLEY HOSPITAL, PART OF THE NEWYORK-PRESBYTERIAN REGIONAL HOSPITAL NETWORK, HAS A LONG HISTORY OF PROVIDING HIGH QUALITY CARE TO RESIDENTS OF WESTCHESTER, PUTNAM AND LOWER DUTCHESS COUNTIES. AS A FULLY ACCREDITED GENERAL, NOT FOR PROFIT 128-BED HOSPITAL, WE OFFER A WIDE RANGE OF INPATIENT AND AMBULATORY SERVICES, WITH HUNDREDS OF PRACTITIONERS ON STAFF IN MORE THAN 60 SPECIALTIES. THE HOSPITAL IS HOME TO THE REGION'S ONLY 24-HOUR NO WAIT EMERGENCY DEPARTMENT. THE HOSPITAL'S COMPREHENSIVE CANCER CENTER COMBINES CHEMOTHERAPY, RADIATION THERAPY, AND SUPPORT SERVICES UNDER ONE ROOF. NEWYORK-PRESBYTERIAN HUDSON VALLEY HOSPITAL HAS RECEIVED NATIONAL RECOGNITION FOR EXCELLENCE IN NURSING FROM THE AMERICAN NURSES CREDENTIALING CENTER'S (ANCC) MAGNET RECOGNITION PROGRAM THREE CONSECUTIVE TIMES. THE HOSPITAL HAD 8,274 DISCHARGES, 114,567 OTHER OUTPATIENT VISITS AND PROVIDED 29,671 OUTPATIENT EMERGENCY ROOM VISITS PLUS 6,942 AMBULATORY SURGERY PROCEDURES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Former Officer | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Amh Healthcare Inc Staffing | 12/30/21 | $7,379,470 |
Pavarini North East Construction Inc Construction | 12/30/21 | $3,002,587 |
Cura Hospitality Food Service | 12/30/21 | $2,148,314 |
Vaya Workforce Solutions Llc Staffing | 12/30/21 | $2,004,871 |
Columbia University Leased Physicians | 12/30/21 | $1,638,800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,205,955 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,205,955 |
| Total Program Service Revenue | $231,821,750 |
| Investment income | $208,255 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,280,349 |
| Net Gain/Loss on Asset Sales | $219,104 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $237,483,440 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $55,500 |
| Grants and other assistance to domestic individuals. | $21,891 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,392,638 |
| Compensation of current officers, directors, key employees. | $3,392,638 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $97,112,399 |
| Pension plan accruals and contributions | $4,545,259 |
| Other employee benefits | $15,184,936 |
| Payroll taxes | $6,083,915 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,090,579 |
| Fees for services: Accounting | $439,000 |
| Fees for services: Lobbying | $69,501 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,231,316 |
| Advertising and promotion | $1,078,575 |
| Office expenses | $6,397,506 |
| Information technology | $6,474,616 |
| Royalties | $0 |
| Occupancy | $5,039,073 |
| Travel | $1,225 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $76,881 |
| Interest | $1,956,304 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,580,317 |
| Insurance | $1,240,411 |
| All other expenses | $0 |
| Total functional expenses | $247,178,998 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,505,124 |
| Savings and temporary cash investments | $3,301,243 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $26,260,534 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,412,695 |
| Inventories for sale or use | $4,759,701 |
| Prepaid expenses and deferred charges | $4,667,002 |
| Net Land, buildings, and equipment | $151,610,205 |
| Investments—publicly traded securities | $1,031,134 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $115,201,561 |
| Total assets | $319,749,199 |
| Accounts payable and accrued expenses | $46,708,515 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $180,336,735 |
| Total liabilities | $227,045,250 |
| Net assets without donor restrictions | $88,877,203 |
| Net assets with donor restrictions | $3,826,746 |
| 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 | $319,749,199 |
Grants Awarded
Over the last fiscal year, Hudson Valley Hospital Center has awarded $14,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Yorktown Heights, NY PURPOSE: SUPPORT | $7,500 |
Peekskill, NY PURPOSE: SUPPORT | $7,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hudson Valley Hospital Center has recieved totaling $41,478.
| Awarding Organization | Amount |
|---|---|
David E Singer And Harriet Singer Charitable Tr Buffalo, NY PURPOSE: GENERAL OPERATING EXPENSES | $41,478 |
Endowment Analysis
| Beg. Balance | $1,674,619 |
| Earnings | $4,000 |
| Other Expense | $4,000 |
| Ending Balance | $1,674,619 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lahey Clinic Hospital Inc Burlington, MA | $439,333,881 | $1,036,261,688 |
Presbyterian Medical Center Of The University Of Pennsylvania Health Philadelphia, PA | $864,132,692 | $1,007,924,819 |
Newyork-Presbyterian-Queens Flushing, NY | $898,800,022 | $913,594,490 |
New York-Presbyterian Brooklyn Methodist Brooklyn, NY | $1,733,884,296 | $932,635,722 |
Abington Memorial Hospital Philadelphia, PA | $948,017,930 | $858,404,541 |
Englewood Hospital And Medical Center A New Jersey Nonprofit Corp Englewood, NJ | $770,563,796 | $890,451,423 |
Saint Francis Hospital And Medical Center Hartford, CT | $1,654,893,576 | $997,837,414 |
Inspira Medical Centers Inc Bridgeton, NJ | $1,997,035,403 | $960,599,521 |
Valley Hospital Inc Ridgewood, NJ | $2,214,086,950 | $1,000,529,103 |
St Francis Hospital Roslyn, NY | $1,505,143,319 | $834,224,682 |
Virtu-West Jersey Health System Inc Marlton, NJ | $2,706,789,713 | $1,000,808,483 |
Bronxcare Health System Bronx, NY | $743,333,524 | $835,076,495 |