Northwell Health
Legal name: North Shore University Hospital
Overview
Mission
Northwell Health was built on a commitment to raise health for all through clinical excellence, community partnership, research and innovation. Our donors help make our mission a reality. We are grateful for their support and partnership — together, we’re creating a healthier tomorrow. Learn more (888) 321-DOCS 321-DOCS"). Whether clinical or nonclinical, every team member helps advance the health of our community with their commitment, compassion and skills. It is part of our mission to ensure they can thrive. Learn more Two men dressed in tuxedos stand in an ornate entryway with a chandelier and smile at the camera.
What it reported doing in 2024
NORTH SHORE UNIVERSITY HOSPITAL ("NSUH")IS A QUATERNARY CARE TEACHING HOSPITAL THAT SERVES AS THE CLINICAL CAMPUS FOR The Donald and Barbara Zucker School of Medicine at Hofstra/Northwell. NSUH offers care in all Medical and Surgical Specialties including cardiovascular services, cancer care, orthopedics, maternal fetal medicine, women's health services and a major transplant program for heart, liver and kidney. The campus is home to the Feinstein Institutes for Medical Research. In 2024, NSUH had 44,433 inpatient discharges, delivered 5,605 babies, provided 75,963 emergency department visits and performed 22,914 ambulatory surgeries, including endoscopies and outpatient catheterizations.
Operating model
- Revenue model
- Earned-program. 91% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
Nonprofit profile at a glance
- EIN
- 111562701
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Aug 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Headquarters
- Westbury, NY, USA
- Phone
- (888) 321-DOCS
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Hospitals and Related Primary Medical Care Facilities
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 91
- Accountability: 88
- Sustainability: 46
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.8%; rating input score 88
- Program expense ratio: 89.2%; rating input score 89
- Fundraising efficiency: $9.32 raised per $1 spent on fundraising; rating input score 40; 40th percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 17th percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 80%; rating input score 80; 26th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 2.8%; rating input score 46; 46th percentile among comparable filings
- Total-asset coverage ratio: 1.04; rating input score 40; 40th percentile among comparable filings
- Liabilities to assets ratio: 0.62; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 0.5%; rating input score 84; 84th percentile among comparable filings
Growth
- Program expense growth: 7.1% per year; rating input score 100; 58th percentile among comparable filings
- Revenue growth: 6.4% per year; rating input score 100; 56th percentile among comparable filings
- Asset growth: 6.6% per year; rating input score 100; 49th percentile among comparable filings
Details
- What they do: Mission, programs, and operating context captured from the official website.
- Where the money goes: 87.8% of revenue deployed · 89.2% of spending went to programs
- Governance: 28 of 35 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $3.3B in reported program spending
- Leadership: top reported pay $5.9M · 27 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $39.3M reported
- Consistency: 32 of 33 current checks pass · 1 finding to review
- Schedules: 11 filed schedules · includes major donors and executive pay
- Filing history: 14 annual filings from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- Related organizations: 247 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Leadership & pay
27 people listed
Highest reported compensation
- MICHAEL DOWLING (President & CEO): $5,943,362 total reported compensation
- JESSICA JACOB MD (Obstetrician): $4,131,521 total reported compensation
- MARK SOLAZZO (Pres, Strategic Initiatives &): $3,816,311 total reported compensation
Source: IRS Form 990. Selected filing: FY2024.