NewYork-PresbyterianLawrence Hospital

EIN: 131740110 501(c)(3)

BRONXVILLE, NY

Total Revenue
$71,990,325
Total Expenses
$74,874,554
Total Assets
N/A
Net Assets
N/A
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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
1909
Legal Domicile
NY
Principal Officer
MICHAEL FOSINA
Phone
9147871000
Tax Period
2018-01-01 to 2018-04-01

NewYork-PresbyterianLawrence Hospital, founded in 1909, is a mid-sized nonprofit that reported $72.0M in total revenue in fiscal year 2018. Revenue fell 74% from the prior year — a significant decline worth monitoring.

Mission

NewYork-Presbyterian/Lawrence Hospital is an acute care hospital located in Bronxville, New York That provides inpatient and outpatient healthcare services.

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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 (2018)

Revenue Breakdown

Contributions & Grants $32,864
Program Service Revenue $70,940,841
Investment Income $168,736
Other Revenue $847,884
TOTAL REVENUE $71,990,325

Expense Breakdown

Grants Paid $10,072,589
Salaries & Benefits $39,032,134
Fundraising Expenses $0
Program Expenses $65,480,062
Other Expenses $25,769,831
TOTAL EXPENSES $74,874,554

Year-over-Year Comparison

2018 2017 Change
Revenue $71,990,325 $277,494,999 -0.7%
Expenses $74,874,554 $274,046,206 -0.7%
Net Income $-2,884,229 $3,448,793 -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
5
Employees
N/A
Volunteers
82

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
$581,237
Total Directors
7
$609,338
Key Employees
5
$616,628
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Richard Dresdale Chairman 1.0
Director
$0 $0 $0
Lisa Smith Barr Director 1.0
Director
$0 $0 $0
Mary Taylor Behrens Director 1.0
Director
$0 $0 $0
Dennis E Glazer Director 1.0
Director
$0 $0 $0
Thomas J Welling Director 1.0
Director
$0 $0 $0
Brian Regan Director 1.0
Director
$0 $11,222 $203,146
Michael Fosina Director/President 40.0
Officer Director
$0 $12,596 $406,192
Kathleen Burke Secretary 1.0
Officer
$0 $8,637 $175,045
Timothy Hughes SVP Business Development 60.0
Key Emp
$115,884 $14,394 $130,278
Susan Schoepp VP Finance 60.0
Key Emp
$111,610 $7,856 $119,466
Laurie Walsh VP Patient Care Service 60.0
Key Emp
$125,887 $13,476 $139,363
James Keogh VP Support Services 60.0
Key Emp
$98,539 $14,678 $113,217
Rachel Negron-Rosario VP Human Resources 60.0
Key Emp
$102,574 $11,730 $114,304
Carlos Flores Director ER 40.0
Highest
$120,499 $8,542 $129,041
Rathindra Banik Physician ER 40.0
Highest
$145,206 $5,562 $150,768
Brian Fahnrich Physician ER 40.0
Highest
$119,773 $2,936 $122,709
Saleem Bacus Physician ER 40.0
Highest
$113,559 $3,003 $116,562
Ingrid Mudge Physician ER 40.0
Highest
$96,603 $9,614 $106,217
Edward M Dinan Former Officer 0.0
$172,062 $1,882 $173,944
Phyllis R Lantos Former Officer 0.0
$0 $9,971 $1,234,492
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
2018 $71,990,325 $74,874,554 No data $-2,884,229
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