PHYSICIANS OF UNIVERSITY HOSPITAL PC

EIN: 200096809 501(c)(3) Health Care

WESTBURY, NY

Total Revenue
$356,270,871
Total Expenses
$356,388,649
Total Assets
$60,731,413
Net Assets
$-33,503,279
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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
2003
Legal Domicile
NY
Principal Officer
BRAHIM ARDOLIC
Phone
5163216058
Tax Period
2023-01-01 to 2023-12-31

PHYSICIANS OF UNIVERSITY HOSPITAL PC, founded in 2003, is a major nonprofit in the Health Care sector that reported $356.3M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

THE ORGANIZATION PROVIDES MEDICALLY NECESSARY HEALTHCARE SERVICES IN FURTHERANCE OF THE CHARITABLE PUR- POSES OF SIUH; A RELATED IRC SECTION 501(C)(3) TAX-EXEMPT HOSPITAL.

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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 $268,623
Program Service Revenue $312,296,623
Investment Income $0
Other Revenue $43,705,625
TOTAL REVENUE $356,270,871

Expense Breakdown

Grants Paid $0
Salaries & Benefits $270,719,223
Fundraising Expenses $0
Program Expenses $314,293,022
Other Expenses $85,669,426
TOTAL EXPENSES $356,388,649

Year-over-Year Comparison

2023 2022 Change
Revenue $356,270,871 $324,635,085 +0.1%
Expenses $356,388,649 $324,897,002 +0.1%
Net Income $-117,778 $-261,917 -0.6%
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
1
Independent Members
N/A
Employees
1092
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
6
$16,555,993
Total Directors
1
$1,814,841
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL DOWLING CEO 0.0
Officer
$0 $70,612 $9,042,544
DAVID BATTINELLI President, Treasurer & Secreta 0.0
Officer Director
$0 $78,569 $1,814,841
MICHELE CUSACK CFO 0.0
Officer
$0 $78,507 $1,696,458
MITCHELL WEINBERG MD Chair, Cardiology 50.0
Highest
$1,591,241 $78,569 $1,669,810
MICHEL CHALHOUB MD Director, Pulmonary Medicine 50.0
Highest
$1,553,544 $63,251 $1,616,795
DANY ELSAYEGH MD Critical Care Dir, Pulmonoary 50.0
Highest
$1,495,302 $36,900 $1,532,202
ELI SERUR MD Chair, Women's Srvcs 50.0
Highest
$1,425,693 $64,679 $1,490,372
DEBORAH SCHIFF EVP 0.0
Officer
$0 $64,679 $1,441,503
HOMER MOUTRAN MD Assc Dir, Otolaryngology 50.0
Highest
$1,315,306 $78,507 $1,393,813
LAURENCE KRAEMER Asst Secretary, EVP & Gen Coun 0.0
Officer
$0 $69,888 $1,372,753
BRAHIM ARDOLIC Executive Director 0.0
Officer
$0 $78,507 $1,187,894
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 $356,270,871 $356,388,649 $60,731,413 $-117,778
2022 $324,635,085 $324,897,002 $72,480,907 $-261,917
2021 $282,594,740 $308,726,400 $91,787,225 $-26,131,660
2020 $283,171,968 $298,269,660 $78,811,403 $-15,097,692
2019 $273,890,839 $282,704,563 $68,993,999 $-8,813,724
2018 $208,552,024 $237,264,721 $62,785,876 $-28,712,697
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