Lenox Hill Hospital Medical PC

EIN: 452661543 501(c)(3) Health Care

WESTBURY, NY

Total Revenue
$28,669,859
Total Expenses
$28,669,859
Total Assets
$1,019,192
Net Assets
$839,836
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
NY
Principal Officer
MICHAEL J DOWLING
Phone
5163216058
Tax Period
2023-01-01 to 2023-12-31

Lenox Hill Hospital Medical PC, founded in 2011, is a mid-sized nonprofit in the Health Care sector that reported $28.7M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

LENOX HILL HOSPITAL MEDICAL, PC IS PART OF NORTHWELL HEALTH ("NORTHWELL"), WHICH STRIVES TO IMPROVE THE HEALTH OF THE COMMUNITIES IT SERVES AND IS COMMITTED TO PROVIDING THE HIGHEST QUALITY CLINICAL CARE; EDUCATING THE CURRENT AND FUTURE GENERATIONS OF HEALTHCARE PROFESSIONALS; SEARCHING FOR NEW ADVANCES IN MEDICINE THROUGH THE CONDUCT OF BIOMEDICAL RESEARCH; PROMOTING HEALTH EDUCATION; AND CARING FOR THE ENTIRE COMMUNITY REGARDLESS OF THE ABILITY TO PAY.

Program Service Accomplishments

Program 1
Expenses: $25,253,330 Revenue: $27,619,075

Lenox Hill Hospital Medical, PC is an affiliated member of NORTHWELL HEALTH, INC. ("NORTHWELL") and part of NORTHWELL's medical group and ambulatory lines of service. It strives to make a measurable...

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Lenox Hill Hospital Medical, PC is an affiliated member of NORTHWELL HEALTH, INC. ("NORTHWELL") and part of NORTHWELL's medical group and ambulatory lines of service. It strives to make a measurable difference in the health status of the communities it serves by providing comprehensive health care regardless of the ability to pay.

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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 $27,619,075
Investment Income $0
Other Revenue $1,050,784
TOTAL REVENUE $28,669,859

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $25,253,330
Other Expenses $28,669,859
TOTAL EXPENSES $28,669,859

Year-over-Year Comparison

2023 2022 Change
Revenue $28,669,859 $26,293,004 +0.1%
Expenses $28,669,859 $26,293,004 +0.1%
Net Income $0 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
N/A
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
0
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
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 $28,669,859 $28,669,859 $1,019,192 No data
2022 $26,293,004 $26,293,004 $5,764,072 No data
2021 $23,639,356 $24,945,730 $7,028,959 $-1,306,374
2020 $26,469,467 $27,120,437 $9,980,275 $-650,970
2019 $27,773,213 $29,926,940 $3,466,964 $-2,153,727
2018 $17,405,809 $16,873,256 $385,756 $532,553
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