LONG ISLAND COMMUNITY HOSPITAL AT NYU LANGONE HEALTH (EIN 111704595) - Form 990 Financial Analysis & Trantor Score

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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

1947

Legal Domicile

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

LONG ISLAND COMMUNITY HOSPITAL AT NYU LANGONE HEALTH (D/B/A LONG ISLAND COMMUNITY HOSPITAL) ("LICH"), WAS ESTABLISHED TO DELIVER ACCESSIBLE HIGH-QUALITY HEALTH SERVICES IN A FOCUSED CARING AND TEACHING ENVIRONMENT WHILE PROVIDING HEALTH ADVOCACY FOR THE COMMUNITY AND PEOPLE WE SERVE. EFFECTIVE MARCH 1, 2025, LICH MERGED WITH AND INTO NYU LANGONE HOSPITALS ("NYULH") PURSUANT TO THE TERMS OF AN AFFILIATION AGREEMENT (THE "AFFILIATION AGREEMENT") ENTERED INTO ON MARCH 1, 2022 WHEREBY NYU LANGONE HEALTH SYSTEM ("NYULHS") FORMALLY ACQUIRED AND BECAME THE SOLE CORPORATE MEMBER OF LICH.

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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 $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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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

2219

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

$2,290,524

Total Directors

$42,376,963

Key Employees

$516,750

Highest Compensated

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

LONG ISLAND COMMUNITY HOSPITAL AT NYU LANGONE HEALTH