North Shore-LIJ Medical Group at Syosset PC

EIN: 273957752 501(c)(3) Health Care

WESTBURY, NY

Total Revenue
$6,355,975
Total Expenses
$6,359,116
Total Assets
$815,560
Net Assets
$-591,634
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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
2010
Legal Domicile
NY
Principal Officer
MICHAEL J DOWLING
Phone
5163216058
Tax Period
2023-01-01 to 2023-12-31

North Shore-LIJ Medical Group at Syosset PC, founded in 2010, is a community nonprofit in the Health Care sector that reported $6.4M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

North Shore-LIJ Medical Group at Syosset, PC strives to improve the health of the communities it serves and is committed to providing the highest quality clinical care

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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 $0
Program Service Revenue $4,769,363
Investment Income $0
Other Revenue $1,586,612
TOTAL REVENUE $6,355,975

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,147,460
Fundraising Expenses $0
Program Expenses $5,656,255
Other Expenses $1,211,656
TOTAL EXPENSES $6,359,116

Year-over-Year Comparison

2023 2022 Change
Revenue $6,355,975 $5,553,665 +0.1%
Expenses $6,359,116 $5,553,665 +0.1%
Net Income $-3,141 N/A N/A
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
28
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
5
$15,368,099
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, Secretary & Treasur 0.0
Officer Director
$0 $78,569 $1,814,841
MICHELE CUSACK CFO 0.0
Officer
$0 $78,507 $1,696,458
DEBORAH SCHIFF EVP 0.0
Officer
$0 $64,679 $1,441,503
LAURENCE KRAEMER Asst Sec, EVP & Gen Counsel 0.0
Officer
$0 $69,888 $1,372,753
VENUGOPAL PALLA Chief, Cardiology 50.0
Highest
$920,309 $78,569 $998,878
JASON BOGLIOLI Physician 50.0
Highest
$804,145 $78,507 $882,652
PAUL MOULINIE Practice Director 50.0
Highest
$788,935 $64,679 $853,614
KAREN LACEY Nurse Practitioner 50.0
Highest
$168,504 $58,917 $227,421
ALEXANDRA PERRONE Nurse Practitioner 50.0
Highest
$175,893 $38,612 $220,634
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 $6,355,975 $6,359,116 $815,560 $-3,141
2022 $5,553,665 $5,553,665 $888,738 No data
2021 $4,384,999 $5,032,815 $976,748 $-647,816
2020 $4,888,398 $5,947,462 $1,054,527 $-1,059,064
2019 $5,013,207 $6,174,206 $724,086 $-1,160,999
2018 $3,805,855 $4,453,262 $319,875 $-647,407
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