Flushing Hospital & Medical Center in Flushing, New York (NY)

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Flushing Hospital & Medical Center
Employer Identification Number (EIN)111631781
Name of OrganizationFlushing Hospital & Medical Center
Address4500 Parsons Blvd, Flushing, NY 11355-2205
ActivitiesHospital
SubsectionCharitable Organization
Ruling Date02/1953
DeductibilityContributions are deductible
FoundationHospital or medical research organization
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$50,000,000 to greater
Income$50,000,000 to greater
Filing Requirement990 (all other) or 990EZ return
Asset Amount$119,661,413
Amount of Income$240,316,125
Form 990 Revenue Amount$240,286,573
National Taxonomy of Exempt Entities (NTEE)Health - General and Rehabilitative: Hospital, General


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Amount of income in 2013: $240,316,125
This organization: 

 $240,316,125
Other organizations performing similar types of work: 

 $129,251,994

Assets in 2013: $119,661,413
Flushing Hospital & Medical Center: 

 $119,661,413
Other organizations performing similar types of work: 

 $122,242,322

Expenses in 2013: $260,805,648
This organization: 

 $260,805,648
Other organizations performing similar types of work: 

 $119,720,646

Income to expenses ratio in 2013: 0.9
Flushing Hospital & Medical Center: 

 0.9
Other organizations performing similar types of work: 

 1.1

Expenses allocated to program services in 2007: 90.0%
Flushing Hospital & Medical Center: 

 90.0%
Other organizations performing similar types of work: 

 85.7%

Number of employees in 2013: 2,078
This organization: 

 2,078
Other organizations performing similar types of work: 

 1,105

Employees paid over $100,000 in 2013: 8.6%
Flushing Hospital & Medical Center: 

 8.6%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2013: 0.6%
This organization: 

 0.6%
Other organizations performing similar types of work: 

 0.2%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Checklist
20122013
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?YesYes
Is the organization required to complete Schedule B, Schedule of Contributors?YesYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?YesYes
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?NoNo
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?NoNo
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?YesYes
Did the organization report an amount for other liabilities?YesYes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?YesYes
Did the organization obtain separate, independent audited financial statements for the tax year?NoNo
Was the organization included in consolidated, independent audited financial statements for the tax year?YesYes
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?YesYes
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?YesYes
Did the organization attach a copy of its audited financial statements?YesYes
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?NoNo
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?YesYes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?NoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNo
Did the organization receive more than $25,000 in non-cash contributions?NoNo
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNo
Was the organization related to any tax-exempt or taxable entity?YesYes
Did the organization have a controlled entity within the meaning of section 512(b)(13)?YesYes
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
201120122013
The number reported in Box 3 of Form 1096480436395
The number of Forms W-2G000
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?YesYesYes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return2,1202,1752,078
Did the organization file all required federal employment tax returns?YesYesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?NoNoNo
Has it filed a Form 990-T for this year?NoNoNo
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNoNo
Did the organization file Form 8886-T?NoNoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?YesYesYes
Did the organization notify the donor of the value of the goods or services provided?YesYesYes
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNoNo
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities $0$0$0
Gross income from members or shareholders$0$0$0
Gross income from other sources$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNoNo
The amount of tax-exempt interest received or accrued during the year$0$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0$0
The amount of reserves on hand$0$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNoNo
Has it filed a Form 720 to report these payments?NoNoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
20122013
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$2,024,679$1,997,074
Total reportable compensation from related organizations$2,557,407$2,346,502
Total estimated amount of other compensation from the organization and related organizations$178,207$178,782
Total number of individuals who received more than $100,000 of reportable compensation from the organization194173
Total number of independent contractors who received more than $100,000 of compensation from the organization96
Statement of Revenue
201120122013
Total revenue$241,679,885$242,514,210$240,286,573
Contributions, Gifts, Grants and Other Similar Amounts$878,300$3,749,929$1,380,209
Program Service Revenue$236,796,072$232,760,152$231,292,052
621400$236,796,072$231,451,222$229,939,462
611600$0$1,308,930$1,352,590
All other program service revenue$0$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$468,868$722,548$372,047
Income from investment of tax-exempt bond proceeds$0$0$0
Royalties$0$0$0
Net rental income$303,876$299,075$303,232
Gross rents (Real / Personal)$303,876 / $0$299,075 / $0$303,232 / $0
Less: rental expenses (Real / Personal)$0 / $0$0 / $0$0 / $0
Rental income or (loss) (Real / Personal)$303,876 / $0$299,075 / $0$303,232 / $0
Net gain/loss from sales of assets other than inventory$0$59,987$46,823
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $0$2,831,000 / $19,885$25,511 / $21,312
Less: cost or other basis and sales expenses (Securities / Other)$0 / $0$2,790,898 / $0$0 / $0
Gain or (loss) (Securities / Other)$0 / $0$40,102 / $19,885$25,511 / $21,312
Net income/loss from fundraising events$-407$4,819$18,078
Gross income from fundraising events$30,092$35,442$47,630
Less: direct expenses$30,499$30,623$29,552
Net income/loss from gaming activities$0$0$0
Net income/loss from sales of inventory$0$0$0
Miscellaneous Revenue$3,233,176$4,917,700$6,874,132
621400$1,325,180$1,964,132$2,903,718
900099$469,434$633,659$1,233,658
900099$307,827$0$1,217,177
All other revenue$1,130,735$2,319,909$1,519,579
Statement of Functional Expenses
201120122013
Total functional expenses$248,415,042$251,399,379$260,805,648
Grants and other assistance to domestic organizations and domestic governments$0$0$0
Grants and other assistance to domestic individuals$0$0$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0$0
Benefits paid to or for members$0$0$0
Compensation of current officers, directors, trustees, and key employees$0$371,172$361,464
Compensation not included above, to disqualified persons$0$0$0
Other salaries and wages$115,414,029$116,474,963$114,257,056
Pension plan accruals and contributions$7,324,065$7,687,734$8,753,821
Other employee benefits$21,839,425$22,693,544$23,366,776
Payroll taxes$8,678,887$8,901,179$8,781,138
Fees for services (non-employees)
Management$5,499,996$5,499,996$5,499,996
Legal$1,264,050$240,359$466,349
Accounting$245,343$379,308$347,553
Lobbying$162,367$50,839$10,236
Professional fundraising services$0$0$0
Investment management fees$0$0$0
Other$21,882,410$21,030,013$11,518,439
Advertising and promotion$0$0$31,942
Office expenses$1,148,554$2,485,983$615,274
Information technology$0$0$4,259,315
Royalties$0$0$0
Occupancy$3,774,965$3,917,850$5,671,807
Travel$76,608$89,058$31,500
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0$0
Conferences, conventions, and meetings$0$0$0
Interest$1,268,271$1,171,861$2,275,219
Payments to affiliates$0$0$0
Depreciation, depletion, and amortization$7,940,434$9,271,879$10,174,936
Insurance$7,812,970$8,058,921$5,583,071
Other expenses$19,221,353$16,574,219$21,870,752
Other expenses$11,277,620$15,146,106$19,173,136
Other expenses$6,222,000$4,123,260$2,146,950
Other expenses$5,081,459$658,684$1,285,641
Other expenses$2,280,236$6,572,451$14,323,277
Balance Sheet
201120122013
Total assets$139,130,842$130,375,339$119,661,413
Cash - non-interest-bearing$1,655,123$2,187,372$1,384,885
Savings and temporary cash investments$3,439,749$609,524$628,310
Pledges and grants receivable, net$0$0$0
Accounts receivable, net$32,850,823$32,192,106$26,735,235
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0$0
Notes and loans receivable, net$0$0$0
Inventories for sale or use$2,942,347$3,326,659$3,463,416
Prepaid expenses and deferred charges$1,701,499$1,667,137$1,777,209
Land, buildings, and equipment: cost or other basis$48,969,242$52,471,353$50,274,837
Investments - publicly traded securities$0$0$0
Investments - other securities$0$0$0
Investments - program-related$0$0$0
Intangible assets$0$0$0
Other assets$47,572,059$37,921,188$35,397,521
Total liabilities$172,573,180$172,168,471$182,341,629
Accounts payable and accrued expenses$60,530,842$40,995,129$42,825,581
Grants payable$0$0$0
Deferred revenue$0$0$694,000
Tax-exempt bond liabilities$0$0$0
Escrow or custodial account liability$0$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0$0
Secured mortgages and notes payable to unrelated third parties$9,689,613$11,958,666$11,185,476
Unsecured notes and loans payable to unrelated third parties$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$102,352,725$119,214,676$127,636,572
Total net assets or fund balances$-33,442,338$-41,793,132$-62,680,216
Unrestricted net assets$-33,442,338$-41,793,132$-62,680,216
Temporarily restricted net assets$0$0$0
Permanently restricted net assets$0$0$0
Capital stock or trust principal, or current funds$0$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii)
Number of organizations supported0
Sum of amounts of support$0
Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002001200220032004200520062007
Total revenue$149,982,394$160,591,169$170,714,776$169,448,201$170,676,005$181,855,993$192,208,476$204,383,227
Contributions, gifts, grants, and similar amounts received$154,849$648,413$1,341,517$2,699,851$49,087$2,223,861$1,879,158$380,260
Contributions to donor advised funds$0$0
Direct public support$73,235$74,635$301,287$163,316$49,087$14,177$104,451$32,346
Indirect public support$0$0$0$0$0$0$0$0
Government contributions (grants)$81,614$573,778$1,040,230$2,536,535$0$2,209,684$1,774,707$347,914
Program service revenue including government fees and contracts$146,579,483$157,329,433$163,194,306$161,122,670$163,423,018$172,529,487$188,154,832$202,169,008
Membership dues and assessments$0$0$0$0$0$0$0$0
Interest on savings and temporary cash investments$652,951$88,627$71,947$43,547$13,093$10,714$32,352$50,812
Dividends and interest from securities$40,376$107,743$225,569$75,353$72,336$50,069$251,501$143,179
Net rental income or (loss)$0$0$0$0$0$0$344,136$272,936
Gross rents$0$0$0$0$0$0$344,136$272,936
Less: rental expenses$0$0$0$0$0$0$0$0
Other investment income$0$0$0$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$0$0$0$0$0$0$0$0
Gross amount from sales of assets other than inventory$0$0$0$0$0$0$0$0
Less: cost or other basis and sales expenses$0$0$0$0$0$0$0$0
Net income or (loss) from special events and activities$0$0$0$0$0$0$0$0
Gross revenue$0$0$0$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0$0$0$0
Other revenue$2,554,735$2,416,953$5,881,437$5,506,780$7,118,471$7,041,862$1,546,497$1,367,032
Total expenses$148,207,022$163,976,958$170,111,979$180,482,724$185,293,883$203,760,975$196,637,655$209,417,006
Program services$133,906,266$148,130,929$153,761,244$163,312,071$167,788,216$173,914,577$177,576,279$188,513,706
Management and general$14,300,756$15,846,029$16,350,735$17,170,653$17,505,666$18,017,044$19,061,376$9,284,939
Fundraising$0$0$0$0$0$0$0$0
Payments to affiliates$0$0$0$0$0$11,829,354$0$11,618,361
Net assets or fund balances at end of year$32,300,023$32,962,989$33,251,620$22,227,280$7,314,876$-14,232,813$-28,932,391$-45,496,312
Excess or (deficit) for the year$1,775,372$-3,385,789$602,797$-11,034,523$-14,617,878$-21,904,982$-4,429,179$-5,033,779
Net assets or fund balances at beginning of year$-68,310,950$32,300,023$32,962,989$33,251,610$22,227,280$7,314,876$-14,232,813$-28,932,391
Other changes in net assets or fund balances$98,835,601$4,048,755$-314,166$10,193$-294,526$357,293$-10,270,399$-11,530,142
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$197,798,645$188,513,706$9,284,939$0
Grants paid from donor advised funds$0
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$0$0$0$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$97,081,600$87,373,440$9,708,160$0
Pension plan contributions not included above$5,656,210$5,437,776$218,434$0
Employee benefits not included above$16,321,804$14,865,580$1,456,224$0
Payroll taxes$7,080,628$7,047,863$32,765$0
Professional fundraising fees$0$0$0$0
Accounting fees$225,950$203,355$22,595$0
Legal fees$206,745$186,070$20,675$0
Supplies$13,073,184$11,765,865$1,307,319$0
Telephone$262,583$236,325$26,258$0
Postage and shipping$129,068$116,161$12,907$0
Occupancy$9,121,896$8,209,707$912,189$0
Equipment rental and maintenance$1,767,346$1,590,611$176,735$0
Printing and publications$484,246$435,821$48,425$0
Travel$47,874$43,087$4,787$0
Conferences, conventions, and meetings$0$0$0$0
Interest$1,790,075$1,611,068$179,007$0
Depreciation, depletion, etc.$6,062,650$5,456,385$606,265$0
Other expenses not covered above$38,486,786$43,934,592$-5,447,806$0
Balance Sheets
20002001200220032004200520062007
Total assets$93,763,048$94,427,423$91,174,671$91,265,947$86,683,081$79,923,153$76,703,861$76,998,574
Cash - non-interest-bearing$6,245,561$2,641,436$3,506,932$6,575$107,146$13,003$9,965$279,066
Savings and temporary cash investments$0$0$0$0$0$0$0$0
Accounts receivable less allowance for doubtful accounts$22,132,685$21,980,000$19,345,251$20,484,798$19,116,961$19,909,817$21,188,506$24,943,655
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Grants receivable$0$0$0$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$380,719$560,766$378,931$0$0$0$0$0
Inventories for sale or use$2,181,078$2,402,329$2,423,848$2,611,602$3,031,683$2,852,710$2,723,147$2,859,646
Prepaid expenses and deferred charges$2,209,011$1,856,026$2,354,221$1,902,898$1,583,816$1,523,370$2,099,477$1,294,234
Investments - publicly-traded securities$0$0
Investments - other securities$0$0$0$0$0$0$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0$0$0$0$0
Investments - other$3,828,510$3,913,531$4,161,365$3,620,562$2,788,391$2,823,176$2,927,464$3,142,989
Land, buildings, and equipment less accumulated depreciation$51,872,909$54,036,391$55,813,700$59,304,052$56,167,327$52,801,077$47,755,302$44,478,984
Other assets, including program-related investments$4,912,575$7,036,944$3,190,423$3,335,460$3,887,757$0$0$0
Total liabilities$61,463,025$61,464,434$57,923,061$69,038,667$79,368,205$94,155,966$105,636,252$122,494,886
Accounts payable and accrued expenses$25,974,499$29,544,928$30,146,432$35,282,492$31,446,893$35,125,664$36,608,767$37,606,946
Grants payable$0$0$0$0$0$0$0$0
Deferred revenue$0$0$0$62,854$710,429$555,390$43,472$0
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0$0$0
Mortgages and other notes payable$28,316,763$26,771,397$21,271,391$22,841,605$20,552,601$18,284,467$13,507,250$15,419,037
Other liabilities$7,171,763$5,148,109$6,505,238$10,851,716$26,658,282$40,190,445$55,476,763$69,468,903
Total liabilities and net assets/fund balances$93,763,048$94,427,423$91,174,671$91,265,947$86,683,081$79,923,153$76,703,861$76,998,574
Total net assets or fund balances$32,300,023$32,962,989$33,251,610$22,227,280$7,314,876$-14,232,813$-28,932,391$-45,496,312
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002001200220032004200520062007
Total revenue$149,982,395$160,591,169$170,714,770$169,448,201$170,676,005$182,248,221$192,208,476$204,383,227
Total revenue, gains, and other support per audited financial statements$151,393,852$162,107,851$171,663,988$170,272,188$171,508,801$182,933,173$192,794,300$205,127,234
Other expenses$1,411,457$1,516,682$949,218$823,987$832,796$684,952$585,824$744,007
Net unrealized gains on investments$0$0$0$0$0$0$0$88,219
Donated services and use of facilities$0$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0$0
Other$1,411,457$1,516,682$949,218$823,987$832,796$684,952$585,824$655,788
Other revenue$0$0$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002001200220032004200520062007
Total expenses$148,207,023$163,976,957$170,111,980$180,482,723$185,293,883$203,760,975$206,744,235$221,035,367
Total expenses and losses per audited financial statements$149,632,432$165,484,241$171,071,460$181,265,179$186,139,469$203,880,863$207,362,016$221,694,155
Other revenue$1,425,409$1,507,284$959,480$782,456$845,586$719,888$617,781$658,788
Donated services and use of facilities$0$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0$0
Losses$0$0$0$0$0$0$0$0
Other$1,425,409$1,507,284$959,480$782,456$845,586$719,888$617,781$658,788
Other expenses$0$0$0$0$0$600,000$0$0
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$600,000$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings15
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?Yes
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20061,778
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$1,833,959$202,169,008
Program service revenue
Program service revenue 1000000$000$0$199,406,205
Program service revenue 2000000$000$0$802,623
Program service revenue 3000000$000$0$351,600
Program service revenue 4000000$000$0$7,960
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$1,600,620
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$50,812$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$143,179$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$0Real property rental income that does not depend on the income or profits derived by the person leasing the property and is excluded by section 512(b)(3)$272,936$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$000$0$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$0Income from an activity that is not regularly carried on (section 512(a)(1))$1,367,032$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$293,655$21,611$0
$290,096$21,611$0
$279,999$21,611$0
$250,895$21,611$0
$235,760$21,611$0
Total number of other employees paid over $50,000792
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isHospital, or a cooperative hospital service organization
Support Schedule
19992000200120022003200420052006
Total$0$0$0$0$0$0$0$0
Gifts, grants, and contributions received$0$0$0$0$0$0$0$0
Membership fees received$0$0$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0$0$0$0$0$0
Net income from unrelated business activities not included above$0$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0$0
Other income$0$0$0$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1New York And Presbyterian Hospital525 E 68th St, New York, NY 10065-4870NY1997-12$5,261,726,356
2Montefiore Medical Center111 E 210th St, Bronx, NY 10467-2401NY1938-04$3,070,692,885
3Beth Israel Medical Center555 West 57th Street, New York, NY 10019-2925NY1948-08$1,449,719,200
4Kaleida Health726 Exchange St Ste 200, Buffalo, NY 14210-1462NY1997-11$1,198,810,323
5Maimonides Medical Center-4802 10th Ave, Brooklyn, NY 11219-2916NY1949-12$1,063,848,696
6Winthrop-University Hospital Association259 1st St, Mineola, NY 11501-3957NY1940-01$997,701,480
7St Francis Hospital United States Catholic Conference100 Port Washington Blvd, Roslyn, NY 11576-1347NY1946-03$949,972,252
8Staten Island University Hospital475 Seaview Ave, Staten Island, NY 10305-3436NY1988-04$880,991,709
9Rochester General Hospital1425 Portland Ave, Rochester, NY 14621-3001NY1937-03$830,576,546
10New York Methodist Hospital506 6th St, Brooklyn, NY 11215-3609NY1940-07$724,752,816
11Tufts Medical Center Parent Inc, Group Return800 Washington Street Box 468, Boston, MA 02111-1552MA2008-05$718,450,671
12Syracuse Community Health Center Inc819 S Salina St, Syracuse, NY 13202-3527NY1992-09$24,912,238
13Wenatchee Valley Hospital820 N Chelan Ave, Wenatchee, WA 98801-2028WA2014-06$119,952,304
14Weeks Medical Center173 Middle St, Lancaster, NH 03584-3508NH1946-12$44,728,107
15Indiana University Health Morgan Hospital Inc2209 John R Wooden R Drive, Martinsville, IN 46151IN2011-09$39,950,032
16Steward St Elizabeths Medical Center Of Boston Inc30 Perwal St, Westwood, MA 02090-1928MA1946-03$24,402,508
17St Lukes Jerome Ltd190 E Bannock St, Boise, ID 83712-6241ID2014-05$18,622,834
18Tbhc Emergency Medicine P C240 Willoughby St, Brooklyn, NY 11201-5465NY2013-09$3,440,443
19Brooklyn Hospital Radiology P C121 Dekalb Ave, Brooklyn, NY 11201-5425NY2013-09$3,212,227
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Number of organizations performing similar types of work
Alaska3
Alabama19
Arkansas22
Arizona15
California112
Colorado25
Connecticut29
District of Columbia2
Delaware6
Florida53
Georgia52
Hawaii5
Iowa27
Idaho9
Illinois104
Indiana48
Kansas25
Kentucky32
Louisiana22
Massachusetts44
Maryland41
Maine19
Michigan58
Minnesota34
Missouri50
Mississippi19
Montana11
North Carolina47
North Dakota12
Nebraska20
New Hampshire21
New Jersey50
New Mexico7
Nevada4
New York130
Ohio96
Oklahoma17
Oregon24
Pennsylvania131
Rhode Island10
South Carolina15
South Dakota9
Tennessee25
Texas57
Virginia37
Vermont8
Washington22
Wisconsin67
West Virginia24
International10
Total1,729

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