EASTERN LONG ISLAND HOSPITAL ASSOC… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1905

Legal Domicile

Principal Officer

WILLIAM MESSNER

Phone

6314771000

Tax Period

2024-01-01 to 2024-12-31

EASTERN LONG ISLAND HOSPITAL ASSOC INC, founded in 1905, is a community nonprofit in the Health Care sector that reported $1.0M in total revenue in fiscal year 2024.

Mission

THE MISSION OF EASTERN LONG ISLAND HOSPITAL ASSOCIATION, IS TO PROMOTE THE HEALTH OF THE PEOPLE IN THE COMMUNITIES OF THE NORTH FORK & SHELTER ISLAND BY PARTICIPATING IN AN AFFILIATION WITH STATE UNIVERSITY OF NEW YORK (SUNY) ACTING THROUGH STONY BROOK UNIVERSITY HOSPITAL (SBUH) AND ACTIVELY SUPPORTING THE DEVELOPMENT OF FACILITIES AND RESOURCES NEEDED TO PROVIDE ESSENTIAL HEALTHCARE SERVICES AND CRITICAL ACCESS TO SPECIALIZED SERVICES TO THE PEOPLE IN THESE COMMUNITIES THROUGH LEASING ALL OF THEIR PROPERTY & RELATED MEDICAL FACILITIES TO SUNY/SBUH.

Program Service Accomplishments

Program 1

Revenue: $624,279

TO PROMOTE THE HEALTH OF THE PEOPLE IN THE COMMUNITIES OF THE NORTH FORK & SHELTER ISLAND BY PARTICIPATING IN AN AFFILIATION WITH STATE UNIVERSITY OF NEW YORK (SUNY) ACTING THROUGH STONYBROOK...

TO PROMOTE THE HEALTH OF THE PEOPLE IN THE COMMUNITIES OF THE NORTH FORK & SHELTER ISLAND BY PARTICIPATING IN AN AFFILIATION WITH STATE UNIVERSITY OF NEW YORK (SUNY) ACTING THROUGH STONYBROOK UNIVERSITY HOSPITAL (SBUH) AND ACTIVELY SUPPORTING THE DEVELOPMENT OF FACILITIES AND RESOURCES NEEDED TO PROVIDE ESSENTIAL HEALTHCARE SERVICES AND CRITICAL ACCESS TO SPECIALIZEDSERVICES TO THE PEOPLE IN THESE COMMUNITIES THROUGH LEASING ALL OF THEIR PROPERTY & RELATED MEDICAL FACILITIES TO SUNY/SBUH.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $624,279

Investment Income $420,287

Other Revenue $0

TOTAL REVENUE $1,044,566

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,076,031

TOTAL EXPENSES $1,076,031

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,044,566	$985,091	+0.1%
Expenses	$1,076,031	$1,016,555	+0.1%
Net Income	$-31,465	$-31,464	+0.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS E MURRAY JR	DIRECTOR	5.00	Director	$0	$0	$0
ROBERT T GOLDMAN	CHAIRMAN	2.00	Officer Director	$0	$0	$0
HELENE V FALL	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
DANIEL V BRISOTTI	DIRECTOR	2.00	Director	$0	$0	$0
DOUGLAS R MATHIE	DIRECTOR	2.00	Director	$0	$0	$0
MAUREEN T MILLS	DIRECTOR	2.00	Director	$0	$0	$0
JAMES F PRESTON	DIRECTOR	2.00	Director	$0	$0	$0
EDWARD J SCHOTT	DIRECTOR	2.00	Director	$0	$0	$0
PAUL J CONNOR III	PRESIDENT AND CAO	10.00	Director	$0	$0	$0
KAI STURMAN MD	DIRECTOR	2.00	Director	$0	$0	$0
ANNMARIE SEDDIO	TREASURER	2.00	Officer Director	$0	$0	$0
LAWRENCE SCHIFF MD	DIRECTOR	2.00	Director	$0	$0	$0
PAUL ROMANELLI	DIRECTOR/FOUNDATION CHAIR	2.00	Director	$0	$0	$0

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	$1,044,566	$1,076,031	$11,039,449	$-31,465
2023	$985,091	$1,016,555	$12,352,999	$-31,464
2022	$984,861	$965,041	$13,712,874	$19,820
2021	$993,678	$990,062	$15,142,487	$3,616
2020	$995,663	$968,622	$16,265,949	$27,041
2019	$27,034,641	$29,593,967	$17,196,797	$-2,559,326
2018	$48,861,980	$54,801,730	$28,011,513	$-5,939,750

EASTERN LONG ISLAND HOSPITAL ASSOC INC