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THE NEW YORK GRACIE SQUARE HOSPITAL INC

NEW YORK, NY · EIN 133746997 · Form 990 · FY2024 · NTEE F31Z · Mental Health & Crisis Intervention · Very Large (>$50M) · nygsh.org
revenue
$86.0M
expenses
$84.0M
net assets
$38.0M
employees
542
volunteers
25
program ratio
87%
mission · from form 990

OUR MISSION IS TO PROVIDE THE HIGHEST QUALITY, STATE-OF-THE ART MENTAL HEALTH AND CHEMICAL DEPENDENCY TREATMENT IN A WARM, HEALING ENVIRONMENT.

profile · synthesized from sources

Gracie Square Hospital is a psychiatric inpatient facility serving adults 18 and older with behavioral health needs in New York City. It provides state-of-the-art mental health and chemical dependency treatment in a healing environment, emphasizing patient safety, evidence-based care, and nursing excellence. The hospital is part of NewYork-Presbyterian and operates under a mission to deliver world-class, person-centered care.

named programs · 5 · from sources

What they call their work

Aggression Prevention Protocol
Evidence-based intervention using DASA risk assessments to proactively prevent violence and reduce use of restraints and seclusion in high-risk patients.
Gracie Square Nursing Clinical Ladder
Professional development and recognition program launched in 2023 to enhance nurse satisfaction, retention, and career growth.
Ketamine Infusion Therapy
Provides treatment-resistant depression care using ketamine infusions, with interdisciplinary planning and nursing education to support safe administration and improved patient outcomes.
Older Adults and Asian Program (OAAP)
Specialized unit focusing on geriatric psychiatric care, implementing falls prevention strategies and interdisciplinary collaboration with physical therapy.
Young Adult-College Track Program
Psychiatric care program for young adults, supporting clinical nurses in research and professional development opportunities.
activities · 11 groups

What they do

  • Comprehensive Care Management Services 2 activities
    • Discharge planning and community reintegration support
      Provides discharge planning and connects patients to community resources to support recovery after hospitalization, including psychosocial assessments to inform individualized transition plans.
    • Therapeutic and supportive care services
      Offers occupational therapy, physical therapy, psychiatric nursing, nutritional planning, and counseling for co-occurring disorders. Includes assistance with activities of daily living, treatment planning, and individualized dietary education.
  • Psychiatric Rehabilitation and Recovery Services 2 activities
    • Inpatient psychiatric and substance use treatment services
      Provides comprehensive inpatient psychiatric care for conditions including depression, anxiety disorders, bipolar disorder, psychosis, and substance use disorders, with specialized programs for mood disorders, schizophrenia, schizoaffective disorder, and treatment-resistant depression. Operates a 140-bed behavioral health facility offering short-term care for acute psychiatric distress and individualized treatment plans.
    • Specialized inpatient programs for specific populations
      Operates targeted inpatient programs for young adults (ages 18–29), older adults (65+), Asian communities, and individuals with co-occurring psychiatric and substance use disorders. Services include culturally tailored care, multilingual staff, and programming designed for emerging psychiatric disorders and geriatric mental health needs.
  • Outpatient Mental Health Clinic Services 2 activities
    • Medication-assisted and advanced psychiatric treatments
      Provides evidence-based therapies including cognitive behavioral therapy (CBT), dialectical behavior therapy (DBT), and intravenous ketamine infusions for treatment-resistant depression and suicidal ideation. Launched ketamine therapy in November 2024 with outcomes measured via standardized depression scales.
    • Psychiatric diagnosis and treatment coordination
      Provides psychiatric diagnosis and leads the coordination and implementation of comprehensive treatment plans, including individual and group therapy using evidence-based modalities such as CBT, ACT, DBT, and short-term psychodynamic therapy.
  • Patient and Family Support Services 1 activity
    • Admissions and patient support operations
      Operates a 24/7 Admitting Office to assist with psychiatric admissions processed through emergency room assessment, provides patient checklists, manages valuables, and offers guidance on personal items and clothing for hospitalization.
  • Mental Health Education and Awareness 1 activity
    • Community mental health education and outreach
      Conducts community outreach through mental health symposia, virtual wellness events in English and Chinese, presentations on generational views of mental health, and participation in public mental health fairs such as NAMIWalks NYC.
  • Medical Records Access & Privacy Compliance 1 activity
    • Medical data privacy and patient information services
      Provides patients with access to information about how their medical data is used and disclosed, ensuring transparency and compliance with privacy standards.
  • Healthcare System Administrative Support 1 activity
    • Medical leadership and strategic service development
      Oversees physicians and leads strategic initiatives to develop and implement medical services focused on quality, safety, and patient experience at Gracie Square Hospital.
  • Opioid Harm Reduction Services 1 activity
    • Opioid overdose prevention and community Naloxone distribution
      Operates the first Naloxone Opioid Overdose Prevention Program at an inpatient site in New York State, providing training to patients and caregivers, and distributes Narcan with education at community events.
  • Academic Medical Training Support 1 activity
    • Professional development and clinical education collaboration
      Collaborates with Weill Cornell faculty and nurse practitioners to promote professional development and oversee educational activities at Gracie Square Hospital, supporting clinical training and academic integration.
  • Animal-Assisted Support Services 1 activity
    • Therapeutic environment and complementary programs
      Maintains a 3,000 square foot rooftop garden for yoga and therapeutic use, operates a museum-quality art gallery, and offers therapeutic art, music, and pet therapy programs in partnership with the Good Dog Foundation.
  • Uncategorized 3 activities
    • Hospital pricing transparency and financial operations
      Regularly updates and publishes standard charge data for shoppable services, with updates to pricing transparency data as of March 31, 2026, limited to hospital fees and excluding separately billed professional services.
    • Research on community and clinical mental health practices
      Conducts a Community Health Needs Assessment every three years and carries out nursing research on culturally sensitive care for LGBTQ+ patients. Completed one nursing research study in 2024 and had three others in progress.
    • Workplace safety and clinical quality improvement initiatives
      Implemented a personal employee response system with wearable safety badges for real-time alerts during psychiatric emergencies, resulting in increased staff safety perceptions (from 75% to 88%) and confidence in receiving help (from 78% to 96%). Reduced restraint use by 36.8% and seclusion use by 14.78% through the Aggression Prevention Protocol, and reduced fall events by 14% through targeted prevention strategies.
financials · form 990 · fy2024
revenue
Total revenue$86.02M
Contributions & grants$335K0%
Program service revenue$85.03M99%
Investment income$557K1%
Other revenue$101K
expenses
Total expenses$84.02M
Program expenses87%
Admin / overhead13%
Fundraising0%
Salaries & benefits$64.68M
Grants paid out$138K
Largest expense lineCompensation
balance sheet
Total assets$69.58M
Cash$10.04M
Investments$0
Liabilities$31.62M
Net assets$37.96M
Liquid reserves1.4 mo
3 years on record · 2020–2024 · YoY revenue +7.6%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 20
NameTitleHours/wkCompensation
MICHAEL P BRESLIN TREASURER 1 $3.27M
KAREN WESTERVELT BOARD MEMBER/ CHAIRMAN 2 $1.61M
RICHARD EINWECHTER BOARD MEMBER/ ASS'T TREASURER 2 $1.12M
NAZIM B MALATYALI BOARD MEMBER (THRU 4/3/24) 2 $1.04M
DAVID WYMAN BOARD MEMBER 2 $922K
JOHN V CAMPANO SECRETARY 2 $685K
BRIAN K REGAN BOARD MEMBER 2 $651K
JUN B LEE PER DIEM MD 21 $613K
MICHAEL RADOSTA CHIEF NURSING & QUAL. OFFICER 34 $602K
Zeynep SUMER-King BOARD MEMBER 2 $574K
SMITA AGARKAR CHIEF MEDICAL OFFICER 60 $475K
TIMOTHY P MCGARVEY EXECUTIVE DIRECTOR & CNO 47 $432K
VANESSA MURPHY ASS'T SECRETARY 1 $375K
FRANCINE FAKIH DIRECTOR NURSING 38 $307K
AMY PARIKH PER DIEM PSYCH 38 $282K
DONNA T ANTHONY FORMER KEY EMPLOYEE 0 $260K
HINA DAR CLINICAL RESOURCE RN 38 $211K
GEMMA BALQUIN RN 38 $207K
MELISSA E WELCH ASS'T SECRETARY 1 $203K
GABRIELLA BUCHALSKI ASS'T SECRETARY 1 $149K
board members · 5
  • ADAM OWETT SR — BOARD MEMBER
  • CYNTHIA ECKES — BOARD MEMBER
  • JAMES PERKINS — BOARD MEMBER
  • JOHN ZIRINSKY — BOARD MEMBER (THRU 4/3/24)
  • JOSEPH PEYRONNIN — BOARD MEMBER
relationships · 33

Who they work with

  • American Nurses Credentialing Center Government — Designated Gracie Square Hospital as a Magnet® organization in 2022.
  • Apicha Community Health Center Partner — Collaborated on a depression education event.
  • Asian & Pacific Islander Coalition on HIV/AIDS Partner — Partnered on a depression education event.
  • C2FO Partner — Technology platform partner enabling the early payment program for vendors of Gracie Square Hospital.
  • Chinese Community Partnership for Health Partner — Co-hosted mental health education events.
  • Columbia University Vagelos School of Physicians and Surgeons Partner — Dr. Smita Agarkar serves as an Adjunct Clinical Assistant Professor of Psychiatry, indicating an academic affiliation.
  • Common point Queens Partner — Collaborated on a seasonal affective disorder event.
  • Facebook Partner — Follows and shares content on Facebook platform
  • Good Dog Foundation Partner — Partner organization providing pet therapy services to patients.
  • Gracie Square Hospital Privacy Office Partner — Internal office responsible for handling patient privacy inquiries.
  • Green Security Partner — Third-party credentialing partner used to manage HCIR (Health Care Industry Representative) access to Gracie Square Hospital.
  • Hamilton-Madison House Partner — Co-hosted mental health education events.
  • Human Rights Campaign Network — Designated Gracie Square Hospital as an LGBTQ+ Healthcare Equality Leader through its Healthcare Equality Index (HEI).
  • Instagram Partner — Shares content on Instagram platform
  • LinkedIn Partner — Connects with audience on LinkedIn platform
  • Mental Health Task Force Partner — Co-hosted mental health seminars.
  • Museum of Chinese in America Partner — Co-hosted a mental health symposium.
  • NAMI Network — Participated in NAMIWalks NYC Mental Health Street Fest.
  • New York-Presbyterian Hospital Network — Gracie Square Hospital is part of the New York-Presbyterian Hospital system.
  • NewYork-Presbyterian Government — Multiple board members hold senior leadership positions at NewYork-Presbyterian, indicating a close institutional affiliation
  • NewYork-Presbyterian Network — Gracie Square Hospital is affiliated with NewYork-Presbyterian, a premier academic healthcare delivery system.
  • NewYork-Presbyterian Network — Gracie Square Hospital participates in the NewYork-Presbyterian C2FO Early Payment Program, indicating affiliation with the NewYork-Presbyterian system.
  • NewYork-Presbyterian Network — Member of the NewYork-Presbyterian healthcare network, accessing its comprehensive services.
  • NewYork-Presbyterian Partner — Clinical affiliate providing access to innovative treatments and academic resources.
  • NewYork-Presbyterian Partner — Collaborated with Gracie Square Hospital on nursing research and professional development, including mentoring clinical nurses and hosting joint presentations.
  • NewYork-Presbyterian Partner — Gracie Square Hospital operates in partnership with NewYork-Presbyterian, with shared leadership and integrated behavioral health services.
  • NewYork-Presbyterian Lower Manhattan Hospital Partner — Collaborated on mental health education seminars.
  • NewYork-Presbyterian Queens Partner — Collaborated on mental health education and outreach events.
  • Self-help Senior Center Partner — Co-hosted mental health seminars.
  • South Asian Council for Social Service (SACSS) Partner — Co-hosted mental health seminars.
+ 3 more
strategies · 5

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Culturally Tailored Mental Health Care
    methodology: culturally-tailored-care
    By delivering services in culturally and linguistically appropriate settings, we increase engagement and improve outcomes among Asian patients because trust and relevance are built into the care experience.
  • Holistic, Patient-Centered Care Model
    methodology: holistic-patient-centered-care
    By addressing the mind, body, and soul through tailored programming, we produce more effective mental health recovery because treatment is aligned with the individual’s full life context and needs.
  • Integrated Dual Diagnosis Treatment
    methodology: integrated-dual-diagnosis
    By treating psychiatric and substance use disorders concurrently through customized plans, we produce better recovery outcomes because co-occurring conditions are addressed as interrelated, not isolated, challenges.
  • Multidisciplinary, Integrated Care Team Model
    methodology: multidisciplinary_care_team
    By leveraging a multidisciplinary team with access to behavioral and medical specialists, we produce more comprehensive care because patient needs are addressed holistically across clinical domains.
  • Proactive, Risk-Stratified Violence Prevention
    methodology: proactive-violence-prevention
    By using evidence-based risk assessment (DASA tool) to guide aggression prevention protocols, we maintain safer treatment environments because interventions are tailored to individual patient risk levels.