LONG ISLAND JEWISH MEDICAL CENTER AT HOME PHARMACY

EIN: 113251128 501(c)(3) Health Care

WESTBURY, NY

Total Revenue
$72,519,381
Total Expenses
$78,474,256
Total Assets
$11,857,580
Net Assets
$-19,847,333
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
NY
Principal Officer
MICHAEL J DOWLING
Phone
5163216058
Tax Period
2023-01-01 to 2023-12-31

LONG ISLAND JEWISH MEDICAL CENTER AT HOME PHARMACY, founded in 1994, is a mid-sized nonprofit in the Health Care sector that reported $72.5M in total revenue in fiscal year 2023. Revenue surged 45% from the prior year, signaling strong growth momentum.

Mission

THE ORGANIZATION PROVIDES AFFORDABILITY AND ACCESSIBILITY TO PHARMACEUTICAL CARE FOR LOW INCOME MEDICARE, MEDICAID, AND UNDERSERVED POPULATIONS 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 $11,808
Program Service Revenue $72,481,939
Investment Income $0
Other Revenue $25,634
TOTAL REVENUE $72,519,381

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,248,112
Fundraising Expenses $0
Program Expenses $68,826,454
Other Expenses $71,226,144
TOTAL EXPENSES $78,474,256

Year-over-Year Comparison

2023 2022 Change
Revenue $72,519,381 $49,860,672 +0.5%
Expenses $78,474,256 $51,966,365 +0.5%
Net Income $-5,954,875 $-2,105,693 +1.8%
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
7
Independent Members
N/A
Employees
62
Volunteers
N/A

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
11
$24,213,016
Total Directors
7
$20,325,065
Key Employees
1
$915,434
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 Chairman 0.0
Officer Director
$0 $63,855 $3,710,066
MICHELE CUSACK EVP, CFO & Treasurer 0.0
Officer Director
$0 $78,507 $1,696,458
JOSEPH MOSCOLA EVP, Enterprise Management 0.0
Officer Director
$0 $50,769 $1,651,192
EUGENE TANGNEY SVP, Chf Bus Cont & Crisis Mgm 0.0
Officer Director
$0 $78,507 $1,451,043
RICHARD MILLER EVP & Chief Business Strategy 0.0
Officer Director
$0 $63,119 $1,401,009
LAURENCE KRAEMER EVP, Chf Gen Counsel & Asst Se 0.0
Officer Director
$0 $69,888 $1,372,753
DONNA DRUMMOND SVP & Chief 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
MARK GLOADE SVP, Deputy Gen Coun & Asst Se 0.0
Officer
$0 $78,507 $1,022,226
ONISIS STEFAS CEO, Vivo Pharmacy 0.0
Key Emp
$0 $78,507 $915,434
HARRY GINDI Assistant Secretary 0.0
Officer
$0 $64,637 $470,207
TALHA AKHTAR Manager, Pharmacy 50.0
Highest
$177,681 $59,468 $237,149
STANISLAV GLIGICH Senior Pharmacist 50.0
Highest
$141,770 $57,313 $199,083
DEEPA MANIVANNAN Senior Pharmacist 50.0
Highest
$159,772 $29,895 $189,667
MICHAEL GUIDA Mail Order Pharmacist 50.0
Highest
$145,190 $44,258 $189,448
SEO JIN OH Mail Order Pharmacist 50.0
Highest
$140,853 $29,520 $170,373
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 $72,519,381 $78,474,256 $11,857,580 $-5,954,875
2022 $49,860,672 $51,966,365 $13,578,649 $-2,105,693
2021 $43,997,615 $45,814,015 $5,530,043 $-1,816,400
2020 $31,776,968 $35,568,920 $6,293,858 $-3,791,952
2019 $25,907,987 $31,755,484 $4,674,079 $-5,847,497
2018 $146,770 $143,365 $197,441 $3,405
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