LONG ISLAND COMMUNITY HOSPITAL AT NYU LANGONE HEALTH

EIN: 111704595 501(c)(3)

PATCHOGUE, NY

Total Revenue
$207,821,413
Total Expenses
$204,775,848
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1947
Legal Domicile
NY
Principal Officer
MARC S ADLER MD MBA
Phone
6316547100
Tax Period
2024-09-01 to 2025-02-28

LONG ISLAND COMMUNITY HOSPITAL AT NYU LANGONE HEALTH, founded in 1947, is a major nonprofit that reported $207.8M in total revenue in fiscal year 2024. Revenue fell 44% from the prior year — a significant decline worth monitoring.

Mission

THE GOALS AND OBJECTIVES OF THE CORPORATION ARE AS FOLLOWS:(A) TO OPERATE AND MAINTAIN A NONSECTARIAN, GENERAL HOSPITAL AT ONE OR MORE LOCATIONS FOR THE FURNISHING OF INPATIENT, AMBULATORY, RESTORATIVE, PREVENTATIVE AND EMERGENCY MEDICAL CARE AND TREATMENT WITHOUT REGARD TO RACE, CREED, COLOR, SEX, SEXUAL ORIENTATION, AGE, NATIONAL ORIGIN, SOURCE OF PAYMENT FOR CARE, OR OTHER CRITERIA NOT RELATED TO MEDICAL INDICATIONS FOR ADMISSION AND TREATMENT.(B) TO CARRY OUT EDUCATIONAL AND TRAINING ACTIVITIES TO ADVANCE KNOWLEDGE IN THE SCIENCE OF MEDICINE.(C) TO PROMOTE AND CARRY ON SCIENTIFIC AND TECHNOLOGICAL RESEARCH RELATED TO THE PRACTICE OF MEDICINE OR THE PREVENTION OF DISEASE.(D) TO PARTICIPATE IN ACTIVITIES DESIGNED AND CARRIED ON TO PROMOTE THE GENERAL HEALTH OF THE COMMUNITY, INCLUDING OUTREACH PROGRAMS, HEALTH EDUCATION AND REFERRAL SERVICES.(E) TO SUPPORT THE MISSION AND CHARITABLE PURPOSES OF NYULHS, NYULH AND THE RELATED MEDICAL SCHOOLS.

Program Service Accomplishments

Program 1
Expenses: $178,947,076 Revenue: $206,275,387

LICH, LOCATED IN PATCHOGUE, NEW YORK, IS A NOT-FOR-PROFIT ACUTE CARE HOSPITAL LICENSED TO OPERATE 306 BEDS. LICH PROVIDES INPATIENT, OUTPATIENT, AND EMERGENCY CARE SERVICES PRIMARILY TO RESIDENTS OF...

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LICH, LOCATED IN PATCHOGUE, NEW YORK, IS A NOT-FOR-PROFIT ACUTE CARE HOSPITAL LICENSED TO OPERATE 306 BEDS. LICH PROVIDES INPATIENT, OUTPATIENT, AND EMERGENCY CARE SERVICES PRIMARILY TO RESIDENTS OF SUFFOLK COUNTY. DURING THE 6-MONTH PERIOD ENDED FEBRUARY 28, 2025, LICH HAD 5,814 DISCHARGES (INCLUDING PSYCHIATRIC DISCHARGES) RESULTING IN 28,698 PATIENT DAYS AND PROVIDED 44,906 OUTPATIENT VISITS (EMERGENCY ROOM VISITS - 18,088 AND 3,452 OUTPATIENT SURGERY PROCEDURES).

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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 (2024)

Revenue Breakdown

Contributions & Grants $509,726
Program Service Revenue $200,255,299
Investment Income $854,267
Other Revenue $6,202,121
TOTAL REVENUE $207,821,413

Expense Breakdown

Grants Paid $28,960,175
Salaries & Benefits $101,571,078
Fundraising Expenses $33,811
Program Expenses $178,947,076
Other Expenses $74,244,595
TOTAL EXPENSES $204,775,848

Year-over-Year Comparison

2024 2023 Change
Revenue $207,821,413 $370,008,801 -0.4%
Expenses $204,775,848 $387,807,380 -0.5%
Net Income $3,045,565 $-17,798,579 -1.2%
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
24
Independent Members
15
Employees
2219
Volunteers
48

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
5
$2,290,524
Total Directors
24
$42,376,963
Key Employees
1
$516,750
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERNEST PATRICK SMITH CHAIRMAN 0.50
Officer Director
$0 $0 $0
FELIX GRUCCI JR VICE CHAIRMAN 0.50
Officer Director
$0 $0 $0
FREDERICK C BRAUN III TRUSTEE 0.50
Director
$0 $0 $0
ANDREW W BROTMAN MD TRUSTEE 0.50
Director
$0 $1,820,575 $10,959,380
GARY BROWN TRUSTEE 0.50
Director
$0 $0 $0
JOSEPH GRECO MD TRUSTEE 0.50
Director
$0 $496,224 $5,612,877
GARY KALKUT MD TRUSTEE 0.50
Director
$0 $83,369 $1,846,751
NABIL KIRIDLY MD TRUSTEE 0.50
Director
$0 $5,927 $402,728
JOSEPH J LHOTA TRUSTEE 0.50
Director
$0 $782,544 $14,041,099
VICKI MATCH SUNA AIA TRUSTEE 0.50
Director
$0 $776,912 $7,223,604
JEFF MAYER TRUSTEE 0.50
Director
$0 $0 $0
MAUREEN MENNELLA TRUSTEE 0.50
Director
$0 $0 $0
MARK S MULHOLLAND TRUSTEE 0.50
Director
$0 $0 $0
CLYDE PARKER TRUSTEE 0.50
Director
$0 $0 $0
SHARON NORTON REMMER TRUSTEE 0.50
Director
$0 $0 $0
LISA ROSE TRUSTEE 0.50
Director
$0 $0 $0
ERIC RUSSO TRUSTEE 0.50
Director
$0 $0 $0
ROBERT W SCHWARZ TRUSTEE 0.50
Director
$0 $0 $0
TRICHY ARUMUGAM MD TRUSTEE 0.50
Director
$0 $0 $0
JOHN SULLIVAN TRUSTEE 0.50
Director
$0 $0 $0
STEVEN TAITZ TRUSTEE 0.50
Director
$0 $0 $0
MARC S ADLER MD MBA SVP / CHIEF OF HOSPITAL OP 60.00
Officer Director
$0 $50,424 $1,960,463
MICHELE KNAPP TREASURER 0.50
Officer Director
$0 $0 $0
EDWARD KORMYLO DPM SECRETARY 7.50
Officer Director
$330,061 $0 $330,061
MATTHEW B PEDDIE VP, CHIEF OPERATING OFFICE 40.00
Key Emp
$459,623 $57,127 $516,750
RAVI GUPTA MD CHIEF MEDICAL OFFICER 40.00
Highest
$837,622 $55,751 $893,373
KATHRYN LANG DNP RN NE-BC MEDICAL DIR, PALLIATIVE CA 40.00
Highest
$441,320 $27,337 $468,657
SARA HALSTENSEN PERIOP SURGICAL SERVICES 40.00
Highest
$261,276 $5,021 $266,297
POL T GAMMAD BSN, REGISTERED NURSE 40.00
Highest
$251,761 $65,385 $317,146
OKSANA RYBAK PERIOP SURGICAL SERVICES 40.00
Highest
$248,487 $11,182 $259,669
RICHARD T MARGULIS FRMR PRESIDENT & CEO (UNTIL 7/1/23) 0.00
$913,503 $78,863 $992,366
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
2025 $207,821,413 $204,775,848 No data $3,045,565
2024 $370,008,801 $387,807,380 $398,146,880 $-17,798,579
2023 $273,319,456 $320,660,689 $359,977,566 $-47,341,233
2022 $157,830,871 $179,461,577 $330,133,165 $-21,630,706
2021 $253,963,058 $256,105,426 $308,356,377 $-2,142,368
2020 $267,413,393 $267,302,098 $344,314,525 $111,295
2019 $273,055,433 $271,468,278 $240,864,197 $1,587,155
2018 $276,641,238 $271,279,000 $228,133,137 $5,362,238
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