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BETH ISRAEL MEDICAL CENTER

NEW YORK, NY · EIN 135564934 · Form 990 · FY2024 · NTEE E220 · Health Care · Very Large (>$50M)
revenue
$1.1B
expenses
$1.2B
net assets
$-348.3M
employees
5,595
volunteers
44
program ratio
97%
mission · from form 990

SERVES THE HEALTH CARE NEEDS OF THE NEW YORK COMMUNITY, WHILE ALSO PROVIDING CLINICAL EDUCATION AND ENGAGING IN CLINICAL RESEARCH.

profile · synthesized from sources

BETH ISRAEL MEDICAL CENTER is a healthcare institution serving the New York community through clinical care, research, and education. It operates as a teaching hospital with a focus on training nurses through its affiliated nursing school. The organization also engages in clinical research and provides financial aid to qualifying nursing students.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $8.44M
    STUDENT FINANCIAL AID PROGRAM: TO PROVIDE FINANCIAL AID TO QUALIFYING NURSES ATTENDING BETH ISRAEL NURSING SCHOOL.
named programs · 1 · from sources

What they call their work

Student Financial Aid Program
Provides financial aid to qualifying nurses attending Beth Israel Nursing School to support clinical education and workforce development
activities · 1 group

What they do

  • Healthcare Education Scholarships and Fellowships 1 activity
    • Provides financial aid to qualifying nursing students
      Offers financial assistance to eligible students enrolled in the Beth Israel Nursing School, supporting their education and training in nursing.
financials · form 990 · fy2024
revenue
Total revenue$1.08B
Contributions & grants$67.10M6%
Program service revenue$772.64M72%
Investment income$44.35M4%
Other revenue$192.72M
expenses
Total expenses$1.23B
Program expenses97%
Admin / overhead3%
Fundraising0%
Salaries & benefits$527.98M
Grants paid out$8.44M
Largest expense lineCompensation
balance sheet
Total assets$1.23B
Cash$22.35M
Investments$60.52M
Liabilities$1.58B
Net assets$-348.35M
Liquid reserves0.8 mo
3 years on record · 2020–2024 · YoY revenue -17.6%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 23
NameTitleHours/wkCompensation
KENNETH DAVIS MD Trustee and Former Officer 2 $7.50M
Brendan G Carr MD 1 CHIEF EXECUTIVE OFFICER (START 1/1/24) 5 $5.49M
DENNIS CHARNEYMD 1 PRESIDENT, ACADEMIC AFFAIRS 5 $2.64M
MARGARET PASTUSZKO System President & Chief Operating Officer 5 $2.36M
DAVID REICH MD SYSTEM CHIEF CLINICAL OFFICER 0 $2.22M
STEPHEN HARVEY EVP, SYSTEM CFO (END 12/31/24) 5 $2.06M
JEREMY BOAL MD FORMER OFFICER 0 $1.85M
BETH ESSIG ESQ EVP, GENERAL COUNSEL 5 $1.84M
JEFFREY SILBERSTEIN EVP, SYSTEM CAO 5 $1.49M
MICHAEL PASTIER SVP, CHIEF FINANCIAL OFFICER 8 $1.46M
ELIZABETH SELLMAN PRESIDENT 60 $1.31M
KELLY CASSANO D EVP, SYS AMBULATORY OPERATION 7 $1.24M
SCOTT MICHAEL LORIN PRESIDENT 60 $1.02M
EMMA PALMER EVP, Chief of Staff & External Affairs 5 $855K
FRANK CINO SVP, SYSTEM CHIEF RISK OFFICER 5 $807K
VINCENT TAMMARO EVP, SYSTEM CFO (START 10/1/24) 5 $689K
ELVIS DELEON VP AMBULATORY OPERATIONS 60 $682K
Peter Shearer Associate Professor 60 $608K
BETH YAGODA EVP, System Chief Administrative Officer 5 $583K
KIMBERLEY Glassman Vice President Nursing 60 $492K
JEMILAT SIJU VICE PRESIDENT NURSING 60 $481K
Claudia Garcenot Vice President Nursing 60 $403K
BURTON P DRAYER FORMER OFFICER 0 $310K
board members · 2
  • ANDREW M ALPER — TRUSTEE
  • ANDREW SAUL — VICE CHAIRMAN/TRUSTEE
strategies · 1

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.