NEW YORK SOCIETY FOR THE RELIEF OF THE RUPTURED AND CRIPPLED MAINTAINING THE

EIN: 131624135 501(c)(3) Health Care

NEW YORK, NY

Total Revenue
$1,681,682,378
Total Expenses
$1,549,857,093
Total Assets
$3,124,359,384
Net Assets
$1,809,747,410
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1863
Legal Domicile
NY
Principal Officer
Bryan T Kelly
Phone
2126061000
Tax Period
2023-01-01 to 2023-12-31

NEW YORK SOCIETY FOR THE RELIEF OF THE RUPTURED AND CRIPPLED MAINTAINING THE, founded in 1863, is a large national nonprofit in the Health Care sector that reported $1.7B in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $1.5B left a modest 8% surplus.

Mission

PROVIDE THE HIGHEST QUALITY PATIENT CARE, IMPROVE MOBILITY, & ENHANCE THE QUALITY OF LIFE FOR ALL, & ADVANCE THE SCIENCE OF ORTHOPEDIC SURG, RHEUMATOLOGY, & THEIR RELATED DISCIPLINES.

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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 $80,858,508
Program Service Revenue $1,417,149,880
Investment Income $42,745,279
Other Revenue $140,928,711
TOTAL REVENUE $1,681,682,378

Expense Breakdown

Grants Paid $541,934
Salaries & Benefits $897,187,010
Fundraising Expenses $0
Program Expenses $1,255,596,225
Other Expenses $652,128,149
TOTAL EXPENSES $1,549,857,093

Year-over-Year Comparison

2023 2022 Change
Revenue $1,681,682,378 $1,509,770,732 +0.1%
Expenses $1,549,857,093 $1,437,437,271 +0.1%
Net Income $131,825,285 $72,333,461 +0.8%
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
50
Independent Members
42
Employees
7418
Volunteers
285

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
12
$20,404,078
Total Directors
54
$20,632,946
Key Employees
5
$6,512,779
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Louis A Shapiro-To 923 President & Chief Exec Officer 51.23
Officer Director
$5,653,569 $91,846 $6,373,589
Han Jo Kim Attending Physician 40.66
Highest
$4,812,635 $46,884 $4,859,519
Bryan T Kelly-From 923 President & Chief Exec Officer 50.73
Officer Director
$4,131,001 $88,390 $4,678,392
Answorth Allen-Join BOT 2023 Member/Associate SIC 59.43
Officer Director
$3,277,724 $79,209 $3,390,042
Joshua Dines Attending Physician 50.0
Highest
$3,177,771 $71,651 $3,249,422
Benedict Nwachukwu Assistant Attending Physician 50.0
Highest
$2,924,545 $43,227 $2,967,772
Riley Williams Attending Physician 50.0
Highest
$2,732,357 $91,445 $2,823,802
William M Ricci Chief of the Trauma Service 50.0
Highest
$2,600,910 $66,883 $2,667,793
Stacey L Malakoff EVP & Chief Financial Officer 48.23
Officer
$2,129,467 $79,780 $2,585,035
Hollis Potter Radiologist-in-Chief 60.0
Key Emp
$2,220,545 $88,204 $2,308,749
Douglas Padgett-From 923 Member/Surgeon-in-Chief 59.23
Officer Director
$2,041,384 $85,910 $2,127,294
Justin Oppenheimer-see Sch O EVP, Chief Strategy Officer 60.0
Key Emp
$1,658,143 $57,556 $1,715,699
Irene Koch EVP & Chief Legal Officer 48.42
Officer
$1,026,486 $42,095 $1,249,726
Reginald Odom EVP & Chief People Officer 60.0
Key Emp
$1,061,377 $73,014 $1,134,391
S Louis Bridges Jr Member/Physician-in-Chief 59.23
Director
$947,269 $38,977 $987,246
Lionel Ivashkiv-Left BOT 2023 Member/Chief Scientific Office 60.0
Director
$900,524 $71,307 $971,831
Mathias Bostrom-Join BOT 2023 Member/Associate SIC 60.0
Director
$834,169 $34,378 $868,547
Paul Coyne Sr. VP & CNO 60.0
Key Emp
$710,418 $37,174 $747,592
Mary Cassai-From 823 ENTERP Chief Operating Officer 60.0
Key Emp
$567,276 $39,072 $606,348
Andy Miller Member/Assoc Attending Physici 49.6
Director
$534,097 $33,964 $568,061
Ricky Guillot Former VP, Interim CNO 60.0
$432,194 $50,177 $482,371
Suzanne Maher-Join BOT 2023 Member/Chief Research Officer 60.0
Director
$370,362 $62,554 $432,916
Andrew A Sama Member/Assoc Attending Physici 22.97
Director
$165,101 $69,927 $235,028
Todd J Albert Former Surgeon-in-Chief 19.46
$152,876 $64,880 $218,756
Daniel C Benton Member 1.57
Director
$0 $0 $0
Herbert Black Member 0.91
Director
$0 $0 $0
Michael C Brooks Member 1.48
Director
$0 $0 $0
Kathryn Chenault Member 1.31
Director
$0 $0 $0
Charles Coleman III Member 1.36
Director
$0 $0 $0
Leslie Cornfeld Member 1.65
Director
$0 $0 $0
Cynthia Foster Curry Member 1.56
Director
$0 $0 $0
Anthony de Nicola Member 1.89
Director
$0 $0 $0
James G Dinan Member 1.61
Director
$0 $0 $0
Anne Ehrenkranz Member 1.63
Director
$0 $0 $0
Michael Esposito Vice Chair 3.46
Officer Director
$0 $0 $0
Wayne AI Frederick Member-Joined BOT 2023 0.95
Director
$0 $0 $0
Marina Kellen French Member 1.65
Director
$0 $0 $0
Giammaria Giuliani Member 1.82
Director
$0 $0 $0
Robert Goldstein Member 1.81
Director
$0 $0 $0
Russell Hutchinson Member-Left BOT 2023 0.72
Director
$0 $0 $0
Warren B Kanders Member 1.31
Director
$0 $0 $0
Scott Kapnick Member 1.49
Director
$0 $0 $0
Monica Keany Vice Chair-from 4/2023 5.32
Officer Director
$0 $0 $0
Thomas J Kelly Member-Left BOT 2023 0.41
Director
$0 $0 $0
Sacha Lainovic Member 2.65
Director
$0 $0 $0
Laurie Hodges Lapeyre Vice Chair-from 4/2023 5.88
Officer Director
$0 $0 $0
Pablo Legorreta Member 0.91
Director
$0 $0 $0
Lara R Lerner Member 2.27
Director
$0 $0 $0
Kathy Leventhal Member 1.64
Director
$0 $0 $0
Thomas H Lister Co-Chair 17.15
Officer Director
$0 $0 $0
Patrice Louvet Member 1.36
Director
$0 $0 $0
Alan S MacDonald Member 2.23
Director
$0 $0 $0
Celene Menschel Member 1.56
Director
$0 $0 $0
Sarah E Nash Member-Join BOT 2023 1.01
Director
$0 $0 $0
Mary Kathryn Navab Member 2.0
Director
$0 $0 $0
Terence M O'Toole Vice Chair-from 4/2023 4.2
Officer Director
$0 $0 $0
Matthew H Peltz Member 1.12
Director
$0 $0 $0
Steven Rattner Member 1.44
Director
$0 $0 $0
Scott Rechler Member 1.67
Director
$0 $0 $0
Edward Skyler Member-Join BOT 2023 1.07
Director
$0 $0 $0
Jonathan Sobel Member 1.15
Director
$0 $0 $0
Deirdre Stanley Member 1.08
Director
$0 $0 $0
Robert K Steel Co-Chair 17.04
Officer Director
$0 $0 $0
Jonathan Tisch Member 1.46
Director
$0 $0 $0
Frances Townsend Member 0.95
Director
$0 $0 $0
Robin Vince Member-Join BOT 2023 0.85
Director
$0 $0 $0
Jeffrey Wilpon Member-Join BOT 2023 0.91
Director
$0 $0 $0
Ellen M Wright Member 1.81
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 $1,681,682,378 $1,549,857,093 $3,124,359,384 $131,825,285
2022 $1,509,770,732 $1,437,437,271 $2,854,593,557 $72,333,461
2021 $1,457,664,115 $1,352,052,928 $3,004,163,711 $105,611,187
2020 $1,330,093,726 $1,284,546,333 $3,032,332,032 $45,547,393
2019 $1,375,044,988 $1,277,128,475 $2,315,097,883 $97,916,513
2018 $1,288,800,208 $1,187,734,270 $1,738,788,770 $101,065,938
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