PLAINVIEW HOSPITAL C/O NORTHWELL HEALTH INC

EIN: 113241243 501(c)(3) Health Care

WESTBURY, NY

Total Revenue
$299,493,287
Total Expenses
$295,438,277
Total Assets
$161,031,577
Net Assets
$-26,629,479
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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
1959
Legal Domicile
NY
Principal Officer
MICHAEL J DOWLING
Phone
5163216058
Tax Period
2023-01-01 to 2023-12-31

PLAINVIEW HOSPITAL C/O NORTHWELL HEALTH INC, founded in 1959, is a major nonprofit in the Health Care sector that reported $299.5M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

PLAINVIEW HOSPITAL IS PART OF NORTHWELL HEALTH, INC ("NORTHWELL"), WHICH STRIVES TO IMPROVE THE HEALTH OF THE COMMUNITIES IT SERVES AND IS COMMITTED TO PROVIDING THE HIGHEST QUALITY CLINICAL CARE; EDUCATING THE CURRENT AND FUTURE GENERATIONS OF HEALTHCARE PROFESSIONALS; SEARCHING FOR NEW ADVANCES IN MEDICINE THROUGH THE CONDUCT OF BIOMEDICAL RESEARCH; PROMOTING HEALTH EDUCATION; AND CARING FOR THE ENTIRE COMMUNITY REGARDLESS OF THE ABILITY TO PAY.

Program Service Accomplishments

Program 1
Expenses: $214,549,073 Revenue: $248,592,470

Plainview Hospital, a level II trauma center, is a community hospital that provides an array of medical services, with emphasis on cardiac, neurosciences and pulmonary disease. The Hospital's cardiac...

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Plainview Hospital, a level II trauma center, is a community hospital that provides an array of medical services, with emphasis on cardiac, neurosciences and pulmonary disease. The Hospital's cardiac services include state of the art cardiac diagnostic services and an innovative program of Early Heart Attack Care. In 2023, the Hospital had 8,247 inpatient discharges, provided 31,156 emergency department visits and performed 14,938 ambulatory surgeries, including endoscopies.

Program 2
Expenses: $53,642,958 Revenue: $44,937,723

Plainview Hospital Faculty Practice is an affiliated member of Northwell Health, Inc. ("Northwell") and part of Northwell's medical group and ambulatory lines of service. It strives to make a...

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Plainview Hospital Faculty Practice is an affiliated member of Northwell Health, Inc. ("Northwell") and part of Northwell's medical group and ambulatory lines of service. It strives to make a measurable difference in the health status of the communities it serves by providing comprehensive health care regardless of ability to pay.

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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 $3,769,680
Program Service Revenue $293,530,193
Investment Income $227
Other Revenue $2,193,187
TOTAL REVENUE $299,493,287

Expense Breakdown

Grants Paid $0
Salaries & Benefits $196,461,144
Fundraising Expenses $0
Program Expenses $268,192,031
Other Expenses $98,977,133
TOTAL EXPENSES $295,438,277

Year-over-Year Comparison

2023 2022 Change
Revenue $299,493,287 $273,518,811 +0.1%
Expenses $295,438,277 $272,819,998 +0.1%
Net Income $4,055,010 $698,813 +4.8%
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

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Governance

Voting Members
35
Independent Members
28
Employees
1733
Volunteers
76

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
22
$28,923,285
Total Directors
11
$10,403,676
Key Employees
1
$1,042,976
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL DOWLING President & CEO 0.0
Officer Director
$0 $70,612 $9,042,544
MARK SOLAZZO Pres, Strategic Initiatives & 0.0
Officer
$0 $63,855 $3,710,066
DAVID BATTINELLI EVP & Physician in Chief 0.0
Officer
$0 $78,569 $1,814,841
MICHELE CUSACK EVP & CFO 0.0
Officer
$0 $78,507 $1,696,458
JOSEPH MOSCOLA EVP, Enterprise Services 0.0
Officer
$0 $50,769 $1,651,192
JEFFREY KRAUT EVP Strategy 0.0
Officer
$0 $64,879 $1,534,296
JAY YOUNGERMAN MD Chf, Surgery/Otolaryngology 50.0
Highest
$1,389,576 $64,679 $1,454,255
EUGENE TANGNEY SVP & Chf Bus Continuity & Cri 0.0
Officer
$0 $78,507 $1,451,043
RICHARD MILLER EVP & Chf Business Strategy Of 0.0
Officer
$0 $63,119 $1,401,009
LAURENCE KRAEMER EVP, Gen Coun, CLO & Asst Sec 0.0
Officer
$0 $69,888 $1,372,753
DONNA DRUMMOND SVP & Chf Expense Officer 0.0
Officer
$0 $63,119 $1,217,650
KONSTANTINE COSTALAS SVP, Managed Care 0.0
Officer
$0 $78,507 $1,177,868
MICHAEL FENER Executive Director 0.0
Key Emp
$0 $63,251 $1,042,976
RALPH NAPPI EVC 0.0
Officer Director
$0 $64,637 $1,036,826
RANDOLPH DILORENZO MD Medical Director, Internal Med 50.0
Highest
$951,990 $78,569 $1,030,559
MARK GLOADE SVP, Dep Gen Coun, Dep CLO & A 0.0
Officer
$0 $78,507 $1,022,226
PARTH SHAH MD Physician 50.0
Highest
$914,981 $50,010 $964,991
LOUKAS BOUTIS MD Chair, Caridiology 50.0
Highest
$874,936 $78,569 $953,505
LAWRENCE KATZ MD Physician 50.0
Highest
$833,936 $64,637 $898,573
HARRY GINDI Assistant Secretary 0.0
Officer
$0 $64,637 $470,207
MARK CLASTER Vice Chairman 0.0
Officer Director
$0 $0 $324,306
MARGARET CROTTY Chairman 0.0
Officer Director
$0 $0 $0
MICHAEL EPSTEIN Immediate Past Chairman 0.0
Officer Director
$0 $0 $0
RICHARD GOLDSTEIN Vice Chairman 0.0
Officer Director
$0 $0 $0
WILLIAM MACK Vice Chairman 0.0
Officer Director
$0 $0 $0
BARRY RUBENSTEIN Vice Chairman 0.0
Officer Director
$0 $0 $0
ROBERT ROSENTHAL Treasurer 0.0
Officer Director
$0 $0 $0
DONALD ZUCKER Secretary 0.0
Officer Director
$0 $0 $0
NON COMPENSATED TRUSTEES SEE SCHEDULE O 0.0
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 No data No data No data No data
2023 $299,493,287 $295,438,277 $161,031,577 $4,055,010
2022 $273,518,811 $272,819,998 $133,272,019 $698,813
2021 $271,692,027 $268,617,053 $107,293,074 $3,074,974
2020 $253,649,043 $261,008,020 $97,804,940 $-7,358,977
2019 $234,135,134 $240,233,897 $87,084,707 $-6,098,763
2018 $226,764,791 $226,304,120 $78,110,778 $460,671
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