NewYork-Presbyterian
Legal name: Royal Charter Properties East Inc
Nonprofit profile at a glance
- EIN
- 133158496
- IRS 990 coverage
- 2016–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2023
- Location
- New York, NY, USA
- Phone
- 877-697-9355
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $83,100,199
- Expenses
- $82,067,769
- Assets
- $200,242,631
- Liabilities
- $205,572,418
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
19 people listed
Executive titles in this filing
- JOSEPH A IENUSO (PRESIDENT)
Highest reported compensation
- STEVEN J CORWIN (BOARD OF DIRECTORS): $26,271,976 total reported compensation
- MICHAEL P BRESLIN (GSVP, CFO & TREASURER): $3,273,376 total reported compensation
- MARY BETH CLAUS (GSVP, CLO & GENERAL COUNSEL): $2,529,622 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide excellent health care services in a compassionate and humane manner to the people who live and work in the New York metropolitan area and beyond.
What it reported doing in 2024
The professional employees of newyork-presbyterian hospital's real estate department are dedicated to providing the hospital's staff, visitors, and guests the highest quality of customer service in its housing, parking and guest facility accommodations. Under the umbrella of royal charter properties the staff strives to enhance the value of the real estate assets and investments that contribute to the hospital's fiscal well being.
Operating model
- Revenue model
- Other-operating. 97% of the money available for current operations came from other operating revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 54% for direct work, and 46% for grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 68
- Accountability: 84
- Sustainability: 42
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.6%; rating input score 94
- Program expense ratio: 94.6%; rating input score 95
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 12th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 88.9%; rating input score 89; 36th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 1.2%; rating input score 39; 39th percentile among comparable filings
- Total-asset coverage ratio: 2.44; rating input score 69; 69th percentile among comparable filings
- Liabilities to assets ratio: 1.03; rating input score 6; 6th percentile among comparable filings
- Officer compensation ratio: 4.3%; rating input score 22; 22nd percentile among comparable filings
Growth
- Program expense growth: 0.5% per year; rating input score 100; 9th percentile among comparable filings
- Revenue growth: 1% per year; rating input score 100; 8th percentile among comparable filings
- Asset growth: -1.9% per year; rating input score 0; 4th percentile among comparable filings
Details
- What they do: 3 operating locations identified
- Where the money goes: 93.6% of revenue deployed · 94.6% of spending went to programs
- Governance: 8 of 9 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $77.6M in reported program spending
- Leadership: top reported pay $26.3M · 19 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $19.7M reported
- Consistency: 33 of 34 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes grants and executive pay
- Filing history: 8 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 59 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- Moderate — Sustainability: Operating margin scored 39/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 6/100.
- High — Sustainability: Officer compensation ratio scored 22/100.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.