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The New York and Presbyterian Hospital
NEW YORK, NY · EIN 133957095 · Form 990 · FY2024 · NTEE E220 · Health Care · Very Large (>$50M) · nyp.org
revenue
$10.7B
expenses
$10.1B
net assets
$14.0B
employees
36,103
volunteers
2,059
program ratio
85%
mission · from form 990

TO BE A LEADER IN THE PROVISION OF WORLD CLASS PATIENT CARE, TEACHING, RESEARCH, AND SERVICE TO LOCAL, STATE, NATIONAL, AND INTERNATIONAL COMMUNITIES.

profile · synthesized from sources

The New York and Presbyterian Hospital is a major academic medical center providing world-class patient care, teaching, and research across a comprehensive range of specialties. It operates as one of the largest hospital systems in the U.S., with flagship campuses at Columbia University and Weill Cornell Medicine. The organization serves local, national, and international patient populations through advanced clinical programs in organ transplantation, cardiology, oncology, and digestive diseases.

named programs · 5 · from sources

What they call their work

Digestive Diseases Program
Comprehensive program offering advanced diagnostics, interventional endoscopy, and minimally invasive surgery for complex digestive disorders
Heart Failure and Transplantation Program
Second largest heart transplant program in the country with over 3,000 transplants performed since 1988, specializing in complex cases and robotic-assisted surgery
Herbert Irving Comprehensive Cancer Center
NIH-designated comprehensive cancer center offering cutting-edge treatments, clinical trials, and multidisciplinary care for adult and pediatric patients
Meyer Cancer Center
Research-driven cancer center at Weill Cornell Medicine conducting innovative clinical trials and developing novel cancer therapies
Organ Transplantation Program
The largest transplant program in the U.S., offering heart, lung, liver, kidney, intestine, and pancreas transplants with over 20,000 surgeries performed; includes leading living donor programs and robotic surgery protocols
activities · 8 groups

What they do

  • Advanced Surgical and Cardiac Care 4 activities
    • Conducts leading organ transplantation programs
      Has performed over 20,000 organ transplants in the U.S., including more than 3,000 heart and 1,500 lung transplants. Operates the highest-volume liver transplant program in the Northeast, one of North America’s largest living donor liver transplant programs, and the largest pancreas transplant program in New York State.
    • Delivers specialized neurologic and neurosurgical care
      Provides comprehensive neurologic care including advanced diagnostic imaging, medication management, complex surgery, and least-invasive interventions. Offers care through multiple regional locations and video visits, with access to innovative treatments and clinical trials.
    • Performs high-volume and high-risk cardiovascular surgeries
      Performs the highest volume of heart valve surgeries in New York State and treats high-risk cardiovascular cases not manageable at other centers, using minimally invasive and robotic-assisted surgical techniques to improve recovery outcomes.
    • Provides advanced digestive disease care
      Delivers digestive disease care through physicians affiliated with Columbia University and Weill Cornell Medicine, offering comprehensive diagnostic testing, advanced interventional endoscopy, and high-volume robotic and minimally invasive surgeries for complex conditions.
  • Biomedical Research and Innovation 1 activity
    • Conducts clinical research and medical innovation
      Advances medical science through clinical trials and develops/refines heart procedures that become standards adopted by other institutions. Research is conducted in neurology, oncology, cardiology, and transplantation, informed by Columbia University and Weill Cornell Medicine.
  • Comprehensive Primary and Specialty Care Networks 1 activity
    • Delivers comprehensive patient care across a large network of healthcare facilities
      Operates more than 450 healthcare locations across Manhattan, Queens, Brooklyn, Westchester, and Hudson Valley, providing patient care services through a broad clinical network. Offers care at local, state, national, and international levels.
  • Community Health Fairs and Screenings 1 activity
    • Hosts community-based cancer screening events
      Conducts annual free prostate cancer screening events in partnership with the New York Mets and Fans for the Cure, facilitating early diagnosis and treatment.
  • Volunteer-Driven Residential Care Support 1 activity
    • Manages a large-scale volunteer program supporting patient care and operations
      Engages over 2,300 volunteers annually across eleven hospital locations to provide patient care and clerical support services, enhancing operational capacity.
  • Comprehensive Cancer Care and Survivorship 1 activity
    • Operates comprehensive cancer centers with multidisciplinary care and clinical trials
      Runs two major cancer centers—the Herbert Irving Comprehensive Cancer Center (NCI-Designated) and the Weill Cornell Medicine Meyer Cancer Center—providing multidisciplinary care and access to novel anti-cancer drugs, targeted therapies, minimally invasive surgeries, and cutting-edge clinical trials.
  • Medical Professional Education & Training 1 activity
    • Provides continuing medical education for healthcare professionals
      Offers continuing medical education (CME) courses for doctors, nurses, and other clinicians to support professional development and maintain clinical excellence.
  • Telehealth and Urgent Care Access 1 activity
    • Provides virtual urgent care services
      Offers virtual urgent care visits via video with board-certified doctors for non-life-threatening conditions, increasing accessibility to timely medical consultations.
financials · form 990 · fy2024
revenue
Total revenue$10.66B
Contributions & grants$193.59M2%
Program service revenue$10.32B97%
Investment income$53.50M1%
Other revenue$96.87M
expenses
Total expenses$10.11B
Program expenses85%
Admin / overhead15%
Fundraising0%
Salaries & benefits$5.88B
Grants paid out$156.67M
Largest expense lineCompensation
balance sheet
Total assets$21.87B
Cash$677.42M
Investments$539.84M
Liabilities$7.87B
Net assets$14.00B
Liquid reserves1.4 mo
4 years on record · 2020–2024 · YoY revenue +4.0%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 25
NameTitleHours/wkCompensation
STEVEN J CORWIN PRESIDENT & CEO/TRUSTEE 40 $26.27M
LAURA L FORESE FORMER OFFICER 0 $6.49M
BRIAN DONLEY EVP & COO 35 $5.43M
MICHAEL P BRESLIN GSVP, CFO & TREASURER 41 $3.27M
ANNE DINNEEN SVP - CHIEF INVEST OFFICER 19 $2.85M
MARY BETH CLAUS GSVP, CLO & GENERAL COUNSEL 49 $2.53M
DOV N SCHWARTZBEN SVP - FINANCE 60 $2.51M
WILHELMINA MANZANO GSVP & CHIEF NURSING OFFICER 59 $2.41M
PARESH SHAH GSVP CHIEF OPERATING OFFICER 60 $2.17M
DEVIKA MATHRANI SVP, CHIEF MARKETING & COMM OFFICER 60 $2.02M
PETER FLEISCHUT GSVP CHIEF INFO. AND TRANSFORMATION OFFICER 60 $1.97M
SHAUN E SMITH GSVP CHIEF PEOPLE AND CULTURE OFFICER 59 $1.96M
JOSEPH A IENUSO GSVP-FACIL & REAL ESTATE 28 $1.95M
SUSAN MASCITELLI SVP-PAT SVCS-LIASON TO BOARD 60 $1.88M
JACLYN MUCARIA PRESIDENT QUEENS (THRU 4/2024) 0 $1.72M
LAUREEN HILL FORMER KEY EMPLOYEE 0 $1.70M
WILLIAM J FARRELL SVP-FINANCE 56 $1.68M
KAREN WESTERVELT GSVP CHIEF OF REGUL. PLAN AND STRAT. INITIATIVES 11 $1.61M
COLLEEN KOCH GSVP COO 60 $1.61M
DEEPA KUMARAIAH SVP & CHIEF MEDICAL OFFICER 43 $1.60M
SHEILA KELLY SVP CHIEF DEVELOPMENT OFFICER 0 $1.53M
PAUL J DUNPHEY SVP COO ALLEN & AMBULATORY CARE 28 $1.51M
MIRIAM RIKE SVP FINANCE 18 $1.35M
STACEY PETROWER PRESIDENT QUEENS 0 $1.31M
KERRY S DEWITT COS TO PRES AND CEO AND SVP COMM 60 $1.30M
relationships · 10

Who they work with

  • Columbia University Partner — Affiliation providing expertise in cardiovascular care and research.
  • Columbia University Partner — Collaborates on digestive disease care through physician affiliation and academic medical integration.
  • Columbia University Partner — Collaborates with Columbia doctors to provide virtual urgent care services.
  • Fans for the Cure Partner — Co-hosts annual free prostate cancer screening events.
  • New York Mets Partner — Collaborates on annual free prostate cancer screening events.
  • NewYork-Presbyterian/Columbia University Irving Medical Center Partner — Collaborative academic medical center providing transplant services as part of NewYork-Presbyterian’s integrated transplant program.
  • NewYork-Presbyterian/Weill Cornell Medical Center Partner — Collaborative academic medical center providing transplant services as part of NewYork-Presbyterian’s integrated transplant program.
  • Weill Cornell Medicine Partner — Affiliation providing expertise in cardiovascular care and research.
  • Weill Cornell Medicine Partner — Collaborates on digestive disease care through physician affiliation and academic medical integration.
  • Weill Cornell Medicine Partner — Collaborates with Weill Cornell doctors to provide virtual urgent care services.
strategies · 4

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.

  • Diagnosis-First Clinical Approach
    methodology: diagnosis-first_approach
    By emphasizing comprehensive evaluation and accurate diagnosis before treatment initiation, the organization ensures effective, individualized care because precise diagnostics reduce mismanagement and enable targeted interventions.
  • Integrated Academic Medical Care
    methodology: integrated_academic_medical_care
    By combining patient care, research, teaching, and community service within a single institutional framework, the organization advances health outcomes across diverse populations and geographies because clinical innovation is continuously informed by academic rigor and real-world application.
  • Minimally Invasive and Robotic-Assisted Care
    methodology: minimally_invasive_care
    By prioritizing minimally invasive and robotic-assisted surgical techniques, the organization reduces patient trauma and accelerates recovery times because less invasive interventions are associated with lower complication rates and faster healing.
  • Multidisciplinary Team-Based Care
    methodology: multidisciplinary_care
    By integrating specialists across medical disciplines into unified care teams, the organization creates personalized, holistic treatment plans that improve clinical decision-making and patient outcomes because complex conditions are addressed through coordinated expertise.