Yale-New Haven Medical Center Inc is located in New Haven, CT. The organization was established in 1975. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yale-New Haven Medical Center 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 09/2021, Yale-New Haven Medical Center Inc generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $1.9m during the year ending 09/2021. While expenses have increased by 8.6% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FILING ORGANIZATION MANAGES REAL ESTATE PROPERTIES FOR THE BENEFIT OF YALE NEW HAVEN HOSPITAL, INC. AND YALE UNIVERSITY - SCHOOL OF MEDICINE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stephen Carbery Chairman & Director | OfficerTrustee | 1 | $0 |
Carrie Capezzone Secretary & Director | OfficerTrustee | 1 | $0 |
John Bollier President & Director | OfficerTrustee | 1 | $0 |
Paul Vitola Secretary & Director | OfficerTrustee | 1 | $0 |
Christopher Ponzio Treasurer & Director | OfficerTrustee | 1 | $0 |
Bruce Mccann Former Officer & Director | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
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 | $0 |
Total Program Service Revenue | $2,281,463 |
Investment income | $825 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,282,288 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $115,908 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $57,758 |
Payroll taxes | $8,867 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $22,991 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $7,211 |
Advertising and promotion | $0 |
Office expenses | $1,328 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,443,467 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $214,821 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $1,872,351 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,681,838 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,874 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $3,228,123 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $7,911,835 |
Accounts payable and accrued expenses | $656,943 |
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 | $3,747,008 |
Total liabilities | $4,403,951 |
Net assets without donor restrictions | $3,507,884 |
Net assets with donor restrictions | $0 |
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 | $7,911,835 |
Over the last fiscal year, we have identified 2 grants that Yale-New Haven Medical Center Inc has recieved totaling $138,280.
Awarding Organization | Amount |
---|---|
Connecticut Lions Eye Research Foundation Inc Middlebury, CT PURPOSE: GEN MEDICAL SUPPLIES | $133,280 |
William Mead Regan Foundation Southampton, NY PURPOSE: GENERAL CHARITABLE PURPOSES | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
Newport Hospital Foundation Inc Newport, RI | $132,285,695 | $13,877,816 |
Hudson East River Systems Llc New York, NY | $9,323,421,475 | $81,815,633 |
The Childrens Health Fund New York, NY | $7,589,617 | $9,406,757 |
Bronxcare Health Integrated Services System Inc Bronx, NY | $2,917,349 | $9,136,103 |
Tufts Health Plan Foundation Inc Canton, MA | $128,427,090 | $19,685,263 |
New York Hospital Cornell Medical Center Fund Inc New York, NY | $237,549,829 | $20,911,565 |
Northeast Health Foundation Inc Albany, NY | $23,246,961 | $6,972,947 |
New York Foundling Charitable Corporation New York, NY | $0 | $3,656,772 |
Al Sigl Center For Rehabilitation Agencies Inc Rochester, NY | $54,423,589 | $5,794,950 |
St Anns Foundation Inc Rochester, NY | $59,915,340 | $4,860,702 |
Templeton Foundation Cooperstown, NY | $47,757,464 | $7,194,400 |
Israel Healthcare Foundation New York, NY | $6,879,692 | $6,486,334 |