Northwell Health

Nonprofit profile at a glance

EIN
112241326
IRS 990 coverage
2010–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
New Hyde Park, NY, United States
Phone
(516) 840-0644
Rating
85
Verdict
STRONG
Rating confidence
Standard
Sector
Hospitals and Related Primary Medical Care Facilities
Affiliation
Judaism

Official website

Reported finances

Revenue
$4,615,011,448
Expenses
$4,456,158,783
Assets
$4,117,259,490
Liabilities
$2,763,449,861

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

27 people listed

Executive titles in this filing

  • MICHAEL DOWLING (President & CEO)
  • MICHAEL GITMAN (Executive Director LIJMC)

Highest reported compensation

  • MICHAEL DOWLING (President & CEO): $5,943,362 total reported compensation
  • NICHOLAS BASTIDAS MD (Plastic Surgeon): $4,795,830 total reported compensation
  • LYLE LEIPZIGER MD (Plastic Surgeon): $3,958,918 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Northwell Health’s Compliance Program reflects its mission and core values, demonstrating commitment to highest-quality patient care, acting with absolute integrity, and full compliance with federal and state health care program requirements. Northwell may provide you with notices, including those regarding changes to the Terms, by postings on our websites and mobile applications. Service-specific terms My Health, Powered by b.well Connected Health: Northwell works with its service provider, b.well Connected Health Inc. (“b.well”), to offer the My Health feature to Northwell’s patients. My Health is a patient support tool made available in our Apps and on our Sites that helps you collect and connect your data from your health plans, health care providers, labs and pharmacies, and other sources that you connect using My Health. Please review our Privacy Policy for additional...

What it reported doing in 2024

Cohen Children's Medical Center ("CCMC"), is a pediatric hospital. CCMC provides primary, secondary, tertiary and quarternary care through a continuum of medical, surgical, psychiatric and dental programs and services, on an inpatient and ambulatory basis. The Regional Pediatric Trauma Center at CCMC is one of only three such centers in all of New York State that has received this designation. In 2024, CCMC had 13,096 inpatient discharges, delivered 6,644 babies, provided 67,621 Emergency Department visits and performed 4,009 ambulatory surgeries including endoscopies and cardiac catheterizations.

Operating model

Revenue model
Earned-program. 94% 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.

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: 82
  • Transparency & Controls: 91
  • Accountability: 88
  • Sustainability: 47
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 84.9%; rating input score 85
  • Program expense ratio: 87%; rating input score 87
  • Fundraising efficiency: $16.49 raised per $1 spent on fundraising; rating input score 53; 53rd 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; 28th 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: 3.4%; rating input score 50; 50th percentile among comparable filings
  • Total-asset coverage ratio: 0.92; rating input score 37; 37th percentile among comparable filings
  • Liabilities to assets ratio: 0.67; rating input score 24; 24th percentile among comparable filings
  • Officer compensation ratio: 0.5%; rating input score 85; 85th percentile among comparable filings

Growth

  • Program expense growth: 8.7% per year; rating input score 100; 68th percentile among comparable filings
  • Revenue growth: 8.8% per year; rating input score 100; 72nd percentile among comparable filings
  • Asset growth: 5.7% per year; rating input score 100; 42nd percentile among comparable filings

Details

  • What they do: Mission, programs, and operating context captured from the official website.
  • Where the money goes: 84.9% of revenue deployed · 87% of spending went to programs
  • Governance: 28 of 35 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $3.9B 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 · $35.6M reported
  • Consistency: 32 of 33 current checks pass · 1 finding to review
  • Schedules: 10 filed schedules · includes major donors and executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: 228 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Fundraising efficiency scored 53/100.
  • Review — Sustainability: Operating margin scored 50/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 24/100.