THE NEW YORK GRACIE SQUARE HOSPITAL INC

EIN: 133746997 501(c)(3) Mental Health

NEW YORK, NY

Total Revenue
$79,950,148
Total Expenses
$75,798,822
Total Assets
$73,744,339
Net Assets
$29,800,040
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1958
Legal Domicile
NY
Phone
2124345300
Tax Period
2023-01-01 to 2023-12-31

THE NEW YORK GRACIE SQUARE HOSPITAL INC, founded in 1958, is a mid-sized nonprofit in the Mental Health sector that reported $80.0M in total revenue in fiscal year 2023. Expenses of $75.8M left a modest 5% surplus.

Mission

OUR MISSION IS TO PROVIDE THE HIGHEST QUALITY, STATE-OF-THE ART MENTAL HEALTH AND CHEMICAL DEPENDENCY TREATMENT IN A WARM, HEALING ENVIRONMENT.

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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 $1,222,142
Program Service Revenue $78,042,104
Investment Income $595,023
Other Revenue $90,879
TOTAL REVENUE $79,950,148

Expense Breakdown

Grants Paid $136,800
Salaries & Benefits $57,351,006
Fundraising Expenses $0
Program Expenses $64,169,451
Other Expenses $18,311,016
TOTAL EXPENSES $75,798,822

Year-over-Year Comparison

2023 2022 Change
Revenue $79,950,148 $78,114,603 +0.0%
Expenses $75,798,822 $69,157,349 +0.1%
Net Income $4,151,326 $8,957,254 -0.5%
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
10
Independent Members
5
Employees
549
Volunteers
8

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
5
$4,475,360
Total Directors
10
$4,857,354
Key Employees
4
$1,982,188
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A BOARD MEMBER/PRESIDENT 15.0
Officer Director
$0 $0 $0
N/A BOARD MEMBER/ ASS'T TREASURER 2.0
Officer Director
$0 $79,270 $870,210
N/A BOARD MEMBER 2.0
Director
$0 $0 $0
N/A BOARD MEMBER 2.0
Director
$0 $79,670 $633,556
N/A BOARD MEMBER 2.0
Director
$0 $49,687 $933,128
N/A BOARD MEMBER 2.0
Director
$0 $0 $0
N/A BOARD MEMBER 2.0
Director
$0 $0 $0
N/A BOARD MEMBER/ CHAIRMAN 2.0
Director
$0 $66,392 $1,532,837
N/A BOARD MEMBER 2.0
Director
$0 $0 $0
N/A BOARD MEMBER 2.0
Director
$0 $74,378 $887,623
N/A SECRETARY 2.0
Officer
$0 $92,917 $669,131
N/A ASS'T SECRETARY 1.0
Officer
$0 $38,594 $231,016
N/A TREASURER 1.0
Officer
$0 $85,653 $2,705,003
N/A CHIEF MEDICAL OFFICER 60.0
Key Emp
$488,369 $43,963 $532,332
N/A CHIEF NURSING & QUAL. OFFICER 34.0
Key Emp
$0 $59,321 $595,102
N/A SERVICE CHIEF 60.0
Key Emp
$383,166 $43,712 $426,878
N/A EXECUTIVE DIRECTOR & CNO 47.0
Key Emp
$0 $47,584 $427,876
N/A DIRECTOR NURSING 37.5
Highest
$222,649 $58,353 $281,002
N/A RN 37.5
Highest
$217,453 $6,976 $224,429
N/A PER DIEM MD 21.0
Highest
$255,900 $67,879 $786,019
N/A RN 37.5
Highest
$214,417 $376 $214,793
N/A PER DIEM PSYCH 37.5
Highest
$221,235 $13,274 $234,509
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 $79,950,148 $75,798,822 $73,744,339 $4,151,326
2022 $78,114,603 $69,157,349 $71,273,685 $8,957,254
2021 $72,320,328 $65,946,397 $62,924,626 $6,373,931
2020 $66,473,329 $62,914,712 $56,066,655 $3,558,617
2019 $66,329,046 $61,405,005 $45,903,516 $4,924,041
2018 $53,162,553 $56,304,233 $42,253,340 $-3,141,680
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