North Shore-LIJ OB-GYN PC

EIN: 461382916 501(c)(3) Health Care

WESTBURY, NY

Total Revenue
$10,467,895
Total Expenses
$10,471,929
Total Assets
$5,946,845
Net Assets
$-155,229
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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
2012
Legal Domicile
NY
Principal Officer
MICHAEL DOWLING
Phone
5163216058
Tax Period
2023-01-01 to 2023-12-31

North Shore-LIJ OB-GYN PC, founded in 2012, is a mid-sized nonprofit in the Health Care sector that reported $10.5M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

North Shore-LIJ OB-GYN, PC strives to improve the health of the communities it serves and is committed to providing the highest quality of 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 $57,439
Program Service Revenue $9,066,092
Investment Income $0
Other Revenue $1,344,364
TOTAL REVENUE $10,467,895

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,778,274
Fundraising Expenses $0
Program Expenses $9,485,202
Other Expenses $3,693,655
TOTAL EXPENSES $10,471,929

Year-over-Year Comparison

2023 2022 Change
Revenue $10,467,895 $9,207,251 +0.1%
Expenses $10,471,929 $9,207,251 +0.1%
Net Income $-4,034 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
2
Independent Members
N/A
Employees
72
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
$15,653,129
Total Directors
2
$2,099,871
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 VP & Treasurer 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 Secretary, EVP & Gen Coun 0.0
Officer
$0 $69,888 $1,372,753
BRIAN MCKENNA Managing Director, Women's Ser 50.0
Highest
$920,693 $64,679 $985,372
VANESSA SOVIERO Site Director 50.0
Highest
$636,639 $36,900 $673,539
KEVIN BONILLA Physician 50.0
Highest
$602,844 $50,790 $653,634
LEAH STORK-BINYAMI Physician 50.0
Highest
$561,951 $78,507 $640,458
ERIC CRIHFIELD Physician 50.0
Highest
$363,441 $64,637 $428,078
ADIEL FLEISCHER President & Secretary 0.0
Officer Director
$0 $22,926 $285,030
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 $10,467,895 $10,471,929 $5,946,845 $-4,034
2022 $9,207,251 $9,207,251 $6,230,597 No data
2021 $8,249,009 $9,829,673 $1,478,768 $-1,580,664
2020 $7,786,275 $10,856,014 $1,965,354 $-3,069,739
2019 $8,031,846 $9,894,475 $2,298,004 $-1,862,629
2018 $8,755,584 $9,034,362 $995,806 $-278,778
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