Continuum Health Partners Inc

Overview

Mission

This organization is the passive parent of the long island college hospital(lich), which is a tax- exempt organization. There is no direct activity conducted by this entity. It has no revenue, expenses, or employees.on september 30, 2013, the filing organization's member hospitals were part of a transaction that affiliated them with the mount sinai health system, with the exception of lich. Lich, which as of may 2011, ceased operations as a hospital when it closed on an asset purchase agreement ("apa") with the state university of ny at downstate. In accordance with the apa, lich retained cash and patient receivables in order to pay down accounts payable and accrued expenses, which also remained at lich. The organization continues to support lich as appropriate in connection with this. This corporation is not a hospital or a facility providing health-related service & will not solicit contributions for a hospital or a facility providing health-related services as defined in article 28

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

Nonprofit profile at a glance

EIN
133939476
IRS 990-EZ coverage
2017–2024
Forms available
Form 990 2016, Form 990-EZ 2024
Headquarters
New York, NY, USA
Phone
6466054224
Rating confidence
Limited
Sector
Community Health Systems

The verdict

- This form does not report enough financial and governance detail to rate the organization. That is normal for this form and is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 55
  • Sustainability: NotEnoughData
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 66.7%; rating input score 67; 1st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 7 of 8 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 7 annual filings from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: 36 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

6 people listed

Source: IRS Form 990-EZ. Selected filing: FY2024.