Weill Cornell Imaging At New York-Presbyterian
- Assets
- $260.8m
- Revenue
- $189.7m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 07/2009
- Data as of
- 12/2021
- EIN
- 41-2237441
Organization Overview
Weill Cornell Imaging At New York-Presbyterian is located in New York, NY. The organization was established in 2009. According to its NTEE Classification (E60) the organization is classified as: Health Support, 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. Weill Cornell Imaging At New York-Presbyterian 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, Weill Cornell Imaging At New York-Presbyterian generated $189.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $133.7m during the year ending 12/2021. While expenses have increased by 8.4% 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
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES OUTPATIENT RADIOLOGY AT SEVEN SITES THROUGHOUT MANHATTAN, NY. THE ORGANIZATION OPERATES CENTERS AT 520 E. 70TH ST., 1305 YORK AVE., 425 E. 61ST ST., 416 E. 55TH ST., 2315 BROADWAY, 53 BEEKMAN ST. AND 1283 YORK AVE. THESE OPERATIONS COMMENCED ON 1/1/08, 1/1/08, 3/1/08, 1/1/08, 1/14/13, 3/26/18 AND 4/30/18 RESPECTIVELY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert J Min MD MBA President | Officer | 14 | $799,349 |
Joseph Comunale Jr MD Physician | 40 | $768,800 | |
Joshua Lantos MD Physician | 30 | $728,850 | |
Keith Hentel MD COO | Officer | 38 | $628,440 |
Clifford Phillips MD Physician | 38 | $611,213 | |
Linda Heier MD Physician | 37 | $571,044 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,925,832 |
| 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 | $1,925,832 |
| Total Program Service Revenue | $187,379,049 |
| Investment income | $4,464 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $407,399 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $189,735,932 |
| 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. | $1,738,683 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $65,679,743 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,355,224 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $293,560 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,717,965 |
| Advertising and promotion | $0 |
| Office expenses | $3,327,236 |
| Information technology | $2,471,940 |
| Royalties | $0 |
| Occupancy | $7,890,184 |
| Travel | $395,771 |
| 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 | $5,660,391 |
| Insurance | $2,283,055 |
| All other expenses | $0 |
| Total functional expenses | $133,689,070 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $67,403,387 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $16,941,258 |
| 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 | $573,948 |
| Net Land, buildings, and equipment | $64,338,781 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $111,499,811 |
| Total assets | $260,757,185 |
| Accounts payable and accrued expenses | $14,030,176 |
| Grants payable | $0 |
| Deferred revenue | $1,049,253 |
| 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 | $129,491,817 |
| Total liabilities | $144,571,246 |
| Net assets without donor restrictions | $116,185,939 |
| 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 | $260,757,185 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Weill Cornell Imaging At New York-Presbyterian has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Zeldin Family Foundation Philadelphia, PA PURPOSE: CHARITABLE OPERATING EXPENSES AND GRANTS | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northwell Health Laboratories Westbury, NY | $332,816,944 | $824,844,482 |
Musculoskeletal Transplant Foundation Inc Edison, NJ | $265,715,338 | $411,628,718 |
Bayer Us Patient Assistance Foundation Whippany, NJ | $119,661,025 | $360,939,161 |
Catholic Managed Long Term Care Inc New York, NY | $69,408,204 | $356,229,491 |
Temple Faculty Practice Plan Inc Philadelphia, PA | $117,460,054 | $341,896,672 |
Beth Israel Lahey Health Pharmacy Inc Westwood, MA | $32,825,089 | $210,599,852 |
North Shore-Lij Anesthesiology Pc Westbury, NY | $33,422,603 | $196,131,623 |
Health Quest Systems Inc Poughkeepsie, NY | $299,235,129 | $128,637,142 |
Weill Cornell Imaging At New York-Presbyterian New York, NY | $260,757,185 | $189,735,932 |
Valley Physician Servcies Inc Ridgewood, NJ | $110,045,746 | $118,274,692 |
Garnet Health Doctors Pc Middletown, NY | $50,171,701 | $81,156,131 |
The Westchester Medical Practice Pc Yorktown Heights, NY | $21,408,961 | $63,027,165 |