Northwell Healthcare Inc
91% goes to programs $0 to raise $100 Growing revenue
Northwell Healthcare Inc is a 501(c)(3) organization based in Westbury, New York, registered in 1994, with $2,686,059,921 in FY2024 revenue. CharityIndex grades it B+, and it directs about 91% of spending to programs.
972 Brush Hollow Rd 5th Fl, Westbury, NY, 11590 EIN 11-2965586 Since 1994
Revenue (FY2024)
$2.7B
▲ 9.2% vs prior year
Health median: $840K
Expenses (FY2024)
$2.6B
Net assets
$460.8M
Employees
10,854
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
C+Program efficiency40% of the rating91% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Northwell Healthcare Inc: 91% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
BFinancial health25% of the rating2 mo reserves · +4% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Northwell Healthcare Inc: 2 mo reserves · +4% margin earns a B on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Northwell Healthcare Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Northwell Healthcare Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Northwell healthcare, inc. provides advisory and administrative support services to affiliated health care organizations within northwell health.
What they do
Homecare provides administrative services to affiliated health care organizations within northwell health. the expenses were incurred in providing such support.
Care solutions is responsible for northwell health's care management programs to support physicians and patients in coordinating care and delivering quality outcomes.
Contact & location
- Address
- 972 Brush Hollow Rd 5th Fl, Westbury, NY, 11590
- City
- Westbury
- State
- New York
- Category
- Health Care
- Subcategory
- Clinics & Primary Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $633.8M (FY2013) to $2.7B (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $8.0BNet assets $460.8M
Operating margin
4.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$8.5B
Total liabilities
$8.0B
Net assets
$460.8M
Salaries & benefits
$1.4B
54% of expenses
Board members
35
28 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,686,059,921▲9.2% | $2,568,331,181▲17.3% | $460,770,664▲69.1% | $8,486,526,674▲26.2% | 990 |
| 2023 | $2,459,986,464▲20.0% | $2,189,133,342▲6.8% | $272,549,682▲248% | $6,722,693,502▲53.8% | 990 |
| 2022 | $2,049,436,022▼11.8% | $2,050,230,893▲3.6% | -$184,237,487▼224% | $4,370,640,028▼7.9% | 990 |
| 2021 | $2,322,381,351▲30.0% | $1,979,052,567▲10.9% | $148,076,864▲148% | $4,743,413,789▲18.3% | 990 |
| 2020 | $1,786,239,226▲8.4% | $1,784,913,235▲5.5% | -$310,316,652▲38.2% | $4,009,743,316▲19.6% | 990 |
| 2019 | $1,648,561,404▲3.8% | $1,692,069,928▲18.7% | -$501,976,914▲5.8% | $3,352,498,467▲31.1% | 990 |
| 2018 | $1,587,832,266▲70.3% | $1,425,792,372▲14.6% | -$532,844,550▲10.0% | $2,557,524,622▲15.6% | 990 |
| 2017 | $932,387,893▲7.0% | $1,244,106,919▲14.2% | -$592,188,552▼188% | $2,213,070,393▼21.7% | 990 |
| 2016 | $871,135,490▼32.9% | $1,089,512,644▲11.1% | $670,919,531▼14.8% | $2,825,124,312▲22.2% | 990 |
| 2015 | $1,298,843,921▲80.5% | $980,280,277▲30.0% | $787,226,494▲74.3% | $2,311,360,029▲27.8% | 990 |
| 2014 | $719,430,431▲13.5% | $754,293,142▲13.0% | $451,720,881▼25.6% | $1,808,554,170▲22.8% | 990 |
| 2013 | $633,758,920 | $667,412,939▲6.8% | $607,187,443▲28.6% | $1,472,613,694▲37.8% | 990 |
| 2012 | — | $625,145,518▲21.3% | $472,297,898▼5.5% | $1,068,829,984▲14.6% | 990 |
| 2011 | — | $515,420,970▲26.5% | $499,654,571▼6.7% | $932,534,371▲20.7% | 990 |
| 2010 | — | $407,586,097 | $535,258,693 | $772,467,342 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Michael Dowling — $5,867,706 (0.23% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Michael Dowling | President & Ceo | 50 | $5,867,706 |
| Mark Solazzo | Pres, Strategic Initiatives & | 50 | $3,747,876 |
| Michele Cusack | Evp & Cfo | 50 | $1,904,871 |
| David Battinelli | Evp & Physician In Chief | 50 | $1,809,811 |
| Deborah Schiff | Evp, Amb Strategy & Bus Dvlp | 50 | $1,784,891 |
| Joseph Moscola | Evp, Enterprise Services | 50 | $1,718,437 |
| Jason Naidich | Svp, Chief Learning & Innovati | 50 | $1,615,888 |
| Laurence Kraemer | Evp, Gen Coun, Clo & Asst Sec | 50 | $1,607,684 |
| Jeffrey Kraut | Evp Strategy | 50 | $1,596,503 |
| Jill Kalman | Evp, Cmo & Deputy Physician-in | 50 | $1,583,993 |
| Kevin Beiner | Evp/president, Western Market | 50 | $1,577,175 |
| John D'angelo | Evp/president, Central Market | 50 | $1,545,078 |
| Donna Drummond | Svp & Chf Expense Officer | 50 | $1,234,114 |
| Konstantine Costalas | Svp, Managed Care | 50 | $1,155,218 |
| Mark Gloade | Svp, Dep Gen Coun, Dep Clo & A | 50 | $1,084,683 |
| Ralph Nappi | Evc | 50 | $997,705 |
| Harry Gindi | Assistant Secretary | 50 | $424,042 |
| Mark Claster | Vice Chairman | 2 | $324,255 |
| Barry Rubenstein | Vice Chairman | 2 | — |
| Donald Zucker | Secretary | 2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Allscripts | Information Services | $140,060,645 |
| Epic Systems Corporation | Information Svcs | $43,281,090 |
| Microsoft Corp | Information Svcs | $32,977,495 |
| Nextsourceinc | Consulting Svcs | $32,502,726 |
| Synergy Health True North LLC | Sterilization Svcs | $32,121,775 |
Grants received · $26K total
1 grant to Northwell Healthcare Inc totaling $26K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Philanthropic Tr | Health | 2015 | $26,000 |
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Frequently asked questions
- Is Northwell Healthcare Inc a legitimate nonprofit?
- Yes. Northwell Healthcare Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 11-2965586, based in Westbury, New York. Donations are tax-deductible.
- What is Northwell Healthcare Inc's EIN?
- Northwell Healthcare Inc's Employer Identification Number (EIN) is 11-2965586.
- How much revenue does Northwell Healthcare Inc report?
- Northwell Healthcare Inc reported $2,686,059,921 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Northwell Healthcare Inc's spending goes to programs?
- Northwell Healthcare Inc spends about 91% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Northwell Healthcare Inc have?
- CharityIndex grades Northwell Healthcare Inc B+, based on program efficiency and fundraising cost.
- How much does Northwell Healthcare Inc's highest-paid employee make?
- The highest reported compensation on Northwell Healthcare Inc's latest Form 990 is $5,867,706, paid to Michael Dowling (President & Ceo).
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Data for Northwell Healthcare Inc (EIN 11-2965586) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.