PLAINVIEW HOSPITAL C/O NORTHWELL HEALTH INC (EIN 113241243) - 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

1959

Legal Domicile

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

health of the communities it serves and is committed to providing the highest quality of care for the community 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%)

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

Governance

Voting Members

Independent Members

Employees

1733

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

$28,923,285

Total Directors

$10,403,676

Key Employees

$1,042,976

Highest Compensated

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

PLAINVIEW HOSPITAL C/O NORTHWELL HEALTH INC