SOUTH NASSAU COMMUNITIES HOSPITAL INC

EIN: 111352310 501(c)(3) Health Care

OCEANSIDE, NY

Total Revenue
$760,584,528
Total Expenses
$690,245,184
Total Assets
$1,180,991,314
Net Assets
$666,039,631
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1927
Legal Domicile
NY
Principal Officer
JOHN POHLMAN
Phone
5166323000
Tax Period
2023-01-01 to 2023-12-31

SOUTH NASSAU COMMUNITIES HOSPITAL INC, founded in 1927, is a major nonprofit in the Health Care sector that reported $760.6M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $690.2M left a modest 9% surplus.

Mission

COMMITTED TO PROVIDING QUALITY, COMPREHENSIVE AND EASILY ACCESSIBLE HEALTHCARE SERVICES TO ALL RESIDENTS OF THE SOUTH SHORE COMMUNITIES IN A MANNER THAT REFLECTS A CULTURE OF EXCELLENCE, PERSONALIZED, CULTURALLY COMPETENT CARE AND INNOVATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $45,648,980
Program Service Revenue $615,959,952
Investment Income $26,937,370
Other Revenue $72,038,226
TOTAL REVENUE $760,584,528

Expense Breakdown

Grants Paid $0
Salaries & Benefits $398,692,689
Fundraising Expenses $731,529
Program Expenses $623,901,530
Other Expenses $291,552,495
TOTAL EXPENSES $690,245,184

Year-over-Year Comparison

2023 2022 Change
Revenue $760,584,528 $691,853,330 +0.1%
Expenses $690,245,184 $613,220,510 +0.1%
Net Income $70,339,344 $78,632,820 -0.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
32
Independent Members
31
Employees
4956
Volunteers
163

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✓ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
34
$24,996,920
Total Directors
48
$7,296,040
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENNETH L DAVIS MD CEO, EXECUTIVE VICE CHAIRMAN 1.00
Officer Director
$0 $96,314 $7,296,040
ANDREW M SAUL VICE CHAIRMAN/TRUSTEE (START 10/23) 1.00
Officer Director
$0 $0 $0
BRAD S KARP SECRETARY (START 10/23) 1.00
Officer Director
$0 $0 $0
DONALD J GOGEL VICE CHAIRMAN/TRUSTEE (START 10/23) 1.00
Officer Director
$0 $0 $0
ERIC MINDICH VICE CHAIRMAN/TRUSTEE (START 10/23) 1.00
Officer Director
$0 $0 $0
JAMES NEARY CO-CHAIRMAN (START 10/23) 1.00
Officer Director
$0 $0 $0
JAMES S TISCH VICE CHAIRMAN/TRUSTEE (START 10/23) 1.00
Officer Director
$0 $0 $0
JEFF T BLAU VICE CHAIRMAN/TRUSTEE (START 10/23) 1.00
Officer Director
$0 $0 $0
JOEL I PICKET VICE CHAIRMAN/TRUSTEE (START 10/23) 1.00
Officer Director
$0 $0 $0
JOEL S EHRENKRANZ VICE CHAIRMAN/TRUSTEE (START 10/23) 1.00
Officer Director
$0 $0 $0
JOHN A LEVIN VICE CHAIRMAN/TRUSTEE (START 10/23) 1.00
Officer Director
$0 $0 $0
JOHN B HESS VICE CHAIRMAN/TRUSTEE (START 10/23) 1.00
Officer Director
$0 $0 $0
JUDITH O RUBIN VICE CHAIRMAN/TRUSTEE (START 10/23) 1.00
Officer Director
$0 $0 $0
MICHAEL MINIKES VICE CHAIRMAN , TREASURER (START 10/23) 1.00
Officer Director
$0 $0 $0
RICHARD A FRIEDMAN CO-CHAIRMAN (START 10/23) 1.00
Officer Director
$0 $0 $0
STEVEN HOCHBERG VICE CHAIRMAN/TRUSTEE (START 10/23) 1.00
Officer Director
$0 $0 $0
SUSAN R CULLMAN VICE CHAIRMAN/TRUSTEE (START 10/23) 1.00
Officer Director
$0 $0 $0
THOMAS W STRAUSS VICE CHAIRMAN/TRUSTEE (START 10/23) 1.00
Officer Director
$0 $0 $0
ANDREW M ALPER TRUSTEE (START 10/23) 1.00
Director
$0 $0 $0
DAVID WINDREICH TRUSTEE (START 10/23) 1.00
Director
$0 $0 $0
EDGAR M CULLMAN JR TRUSTEE (START 10/23) 1.00
Director
$0 $0 $0
ERIC FRIEDMAN TRUSTEE (START 10/23) 1.00
Director
$0 $0 $0
FRANK BISINGANO TRUSTEE (START 10/23) 1.00
Director
$0 $0 $0
JAMES KEMPNER TRUSTEE (START 10/23) 1.00
Director
$0 $0 $0
KIMBERLY HARRIS TRUSTEE (START 10/23) 1.00
Director
$0 $0 $0
LEWIS PELL TRUSTEE (START 10/23) 1.00
Director
$0 $0 $0
MARC S LIPSCHULTZ TRUSTEE (START 10/23) 1.00
Director
$0 $0 $0
MICHAEL ZIMMERMAN TRUSTEE (START 10/23) 1.00
Director
$0 $0 $0
ROBERT F SAVAGE JR TRUSTEE (START 10/23) 1.00
Director
$0 $0 $0
WILLIAM H WRIGHT II TRUSTEE (START 10/23) 1.00
Director
$0 $0 $0
ANTHONY CANCELLIERI CO-CHAIRMAN 1.00
Director
$0 $0 $0
JOSEPH FENNESSY DIRECTOR 1.00
Director
$0 $0 $0
ANTHONY PONTE DIRECTOR (TERM 10/23) 1.00
Director
$0 $0 $0
BUTCH YAMALI DIRECTOR (TERM 10/23) 1.00
Director
$0 $0 $0
DAVID BONAGURA CO-CHAIRMAN (TERM 10/23) 1.00
Director
$0 $0 $0
EDWARD SCOTT SECRETARY (TERM 10/23) 1.00
Director
$0 $0 $0
GEORGE SCHIEREN DIRECTOR (TERM 10/23) 1.00
Director
$0 $0 $0
JEFFREY FRISCH DIRECTOR (TERM 10/23) 1.00
Director
$0 $0 $0
JOEL SCHNEIDER DIRECTOR (TERM 10/23) 1.00
Director
$0 $0 $0
LAURA CURRAN DIRECTOR (TERM 10/23) 1.00
Director
$0 $0 $0
LOWELL FREY ASSISTANT SECRETARY (TERM 10/23) 1.00
Director
$0 $0 $0
MICHAEL SAPRAICONE DIRECTOR (TERM 10/23) 1.00
Director
$0 $0 $0
MICHAEL SCHAMROTH PAST CHAIRMAN (TERM 10/23) 1.00
Director
$0 $0 $0
NANCY KOOPERSMITH DIRECTOR (TERM 10/23) 1.00
Director
$0 $0 $0
PETER BREITSTONE TREASURER (TERM 10/23) 1.00
Director
$0 $0 $0
SALLY VALENTI DIRECTOR (TERM 10/23) 1.00
Director
$0 $0 $0
STEVEN GOLD DIRECTOR (TERM 10/23) 1.00
Director
$0 $0 $0
WAYNE LIPTON DIRECTOR (TERM 10/23) 1.00
Director
$0 $0 $0
DENNIS S CHARNEY MD PRESIDENT ACADEMIC AFFAIRS 1.00
Officer
$0 $54,392 $5,525,679
MARGARET PASTUSZKO EVP, PRES HEALTH NETWORK 1.00
Officer
$0 $69,483 $2,493,286
STEPHEN HARVEY EVP SYS CHF FIN&CORP SERV 1.00
Officer
$0 $81,824 $2,107,872
BETH ESSIG ESQ EVP, GENERAL COUNSEL, ASST. SECR. 1.00
Officer
$0 $55,465 $1,933,646
JEFFREY SILBERSTEIN EVP, SYS CAO, ASST. SECR. 1.00
Officer
$0 $34,656 $1,553,403
KELLY CASSANO DO EVP, SYSTEM AMBULATORY OPERATIONS 1.00
Officer
$0 $45,205 $1,312,534
ADHI SHARMA PRESIDENT & CEO/DIRECTOR 36.50
Officer
$0 $53,263 $1,279,826
WILLIAM ALLISON CHIEF OPERATING OFFICER (TERM 7/23) 1.00
Officer
$0 $58,235 $762,618
JOHN POHLMAN COO/CFO 36.50
Officer
$0 $93,057 $732,016
BONNIE M DAVIS MD VICE CHAIRMAN/TRUSTEE (START 10/23) 1.00
Officer
$0 $0 $0
CARL C ICAHN VICE CHAIRMAN/TRUSTEE (START 10/23) 1.00
Officer
$0 $0 $0
GLENN DUBIN VICE CHAIRMAN/TRUSTEE (START 10/23) 1.00
Officer
$0 $0 $0
HAMILTON E JAMES VICE CHAIRMAN/TRUSTEE (START 10/23) 1.00
Officer
$0 $0 $0
HENRY R KRAVIS VICE CHAIRMAN/TRUSTEE (START 10/23) 1.00
Officer
$0 $0 $0
JAMES W CRYSTAL VICE CHAIRMAN/TRUSTEE (START 10/23) 1.00
Officer
$0 $0 $0
ROBERT E RUBIN VICE CHAIRMAN/TRUSTEE (START 10/23) 1.00
Officer
$0 $0 $0
RAJIV DATTA PHYSICIAN 19.60
Highest
$1,463,610 $86,833 $1,550,443
ALAN GARELY CHAIR OF OBSTETRICS & GYNECOLOGY 15.50
Highest
$0 $87,342 $1,195,310
LEESTER WU ASST DIR RADIATION ONC 1.00
Highest
$0 $56,980 $988,789
SYDNEY YOON RAD PHYSICIAN 37.50
Highest
$784,716 $87,130 $871,846
MATTHEW RIFKIN CHAIRMAN OF RADIOLOGY 18.75
Highest
$765,867 $75,645 $841,512
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $760,584,528 $690,245,184 $1,180,991,314 $70,339,344
2022 $691,853,330 $613,220,510 $1,121,237,210 $78,632,820
2021 $707,015,937 $573,313,016 $1,137,075,279 $133,702,921
2020 $643,369,393 $547,480,703 $1,030,058,493 $95,888,690
2019 $553,310,790 $517,886,376 $785,025,372 $35,424,414
2018 $515,798,727 $498,711,198 $697,964,550 $17,087,529
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