White Plains Hospital Medical Center

EIN: 131740130 501(c)(3) Health Care

WHITE PLAINS, NY

Total Revenue
$1,035,172,357
Total Expenses
$902,652,569
Total Assets
$1,720,109,890
Net Assets
$959,060,936
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1893
Legal Domicile
NY
Phone
9146812645
Tax Period
2023-01-01 to 2023-12-31

White Plains Hospital Medical Center, founded in 1893, is a large national nonprofit in the Health Care sector that reported $1.0B in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $902.7M left a modest 13% surplus.

Mission

TO OFFER HIGH QUALITY, ACUTE HEALTH CARE AND PREVENTIVE MEDICAL CARE TO ALL PEOPLE WHO LIVE IN, WORK IN, OR VISIT WESTCHESTER COUNTY AND ITS SURROUNDING AREAS.

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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 $20,208,482
Program Service Revenue $1,005,948,835
Investment Income $763,219
Other Revenue $8,251,821
TOTAL REVENUE $1,035,172,357

Expense Breakdown

Grants Paid $410,353
Salaries & Benefits $455,322,295
Fundraising Expenses $2,387,146
Program Expenses $848,547,987
Other Expenses $446,919,921
TOTAL EXPENSES $902,652,569

Year-over-Year Comparison

2023 2022 Change
Revenue $1,035,172,357 $917,849,600 +0.1%
Expenses $902,652,569 $805,588,842 +0.1%
Net Income $132,519,788 $112,260,758 +0.2%
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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Governance

Voting Members
44
Independent Members
40
Employees
5499
Volunteers
530

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
10
$9,049,734
Total Directors
44
$24,820,177
Key Employees
2
$3,705,234
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A VICE CHAIR 3.0
Officer Director
$0 $0 $0
N/A VICE CHAIR 3.0
Officer Director
$0 $0 $0
N/A VICE CHAIR 3.0
Officer Director
$0 $0 $0
N/A CO-CHAIR 1.0
Officer Director
$0 $0 $0
N/A BOARD MEMBER/EVP-CHIEF MED OFF 48.0
Officer Director
$1,751,292 $216,137 $1,967,429
N/A SECRETARY 3.0
Officer Director
$0 $0 $0
N/A VICE CHAIR 3.0
Officer Director
$0 $0 $0
N/A PRESIDENT & CEO 49.0
Officer Director
$4,053,330 $564,844 $4,618,174
N/A CO-CHAIR 3.0
Officer Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $46,882 $1,872,945
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER(RESIGNED 7/17/2023) 1.0
Director
$0 $0 $0
N/A BOARD MEMBER(APPOINTED 4/24/2023) 1.0
Director
$0 $0 $0
N/A BOARD MEMBER(RESIGNED 12/31/2023) 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER (APPOINTED 4/24/2023) 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 2.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $46,776 $16,361,629
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER(APPOINTED 4/24/2023) 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A EVP - CAO/CFO 49.0
Officer
$2,133,749 $330,382 $2,464,131
N/A SVP-AMB & PHYSICIAN SERV. 50.0
Key Emp
$1,576,083 $207,448 $1,783,531
N/A EVP-PATIENT CARE SERV. & CNO 50.0
Key Emp
$1,720,926 $200,777 $1,921,703
N/A ORTHOPEDIC SURGEON 40.0
Highest
$1,977,902 $81,774 $2,059,676
N/A PHYSICIAN - DERMATOLOGY 40.0
Highest
$2,191,546 $82,769 $2,274,315
N/A PHYSICIAN - NEUROLOGY 40.0
Highest
$1,621,840 $53,231 $1,675,071
N/A ORTHOPEDIC SURGEON 40.0
Highest
$1,681,359 $84,217 $1,765,576
N/A ORTHOPEDIC SURGEON 40.0
Highest
$1,592,511 $80,267 $1,672,778
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 $1,035,172,357 $902,652,569 $1,720,109,890 $132,519,788
2022 $917,849,600 $805,588,842 $1,557,991,335 $112,260,758
2021 $782,363,978 $685,210,004 $1,450,930,946 $97,153,974
2020 $833,931,324 $739,616,366 $1,287,581,438 $94,314,958
2019 $759,244,839 $691,424,786 $952,708,482 $67,820,053
2018 $716,562,634 $647,305,163 $738,787,810 $69,257,471
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