Yale New Haven Health Services Corporation
92% goes to programs $0 to raise $100 Growing revenue
Yale New Haven Health Services Corporation is a 501(c)(3) organization based in New Haven, Connecticut, registered in 1984, with $1,102,659,536 in FY2023 revenue. CharityIndex grades it A, and it directs about 92% of spending to programs.
789 Howard Ave, New Haven, CT, 06519 EIN 22-2529464 Since 1984
Revenue (FY2023)
$1.1B
▲ 21.9% vs prior year
Health median: $840K
Expenses (FY2023)
$1.1B
Net assets
$468.2M
Employees
4,594
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating92% 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 Yale New Haven Health Services Corporation: 92% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating5 mo reserves · -1% 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 Yale New Haven Health Services Corporation: 5 mo reserves · -1% margin earns a A 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 Yale New Haven Health Services Corporation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Yale New Haven Health Services Corporation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To promote charitable, scientific and educational activities.
Contact & location
- Address
- 789 Howard Ave, New Haven, CT, 06519
- City
- New Haven
- State
- Connecticut
- Category
- Health Care
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $410.9M (FY2013) to $1.1B (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $3.0BNet assets $468.2M
Operating margin
-0.5%
Spent more than it raised in the latest fiscal year.
Total assets
$3.5B
Total liabilities
$3.0B
Net assets
$468.2M
Salaries & benefits
$596.2M
54% of expenses
Board members
18
16 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,102,659,536▲21.9% | $1,108,232,476▲20.5% | $468,152,099▲6.5% | $3,517,963,826▲24.9% | 990 |
| 2022 | $904,769,300▼1.8% | $919,798,595▲1.5% | $439,757,899▲4.7% | $2,816,591,144▲15.2% | 990 |
| 2021 | $921,332,963▲10.1% | $906,336,457▲7.2% | $419,983,558▼9.3% | $2,444,977,032▼3.5% | 990 |
| 2020 | $836,585,241▲12.7% | $845,193,191▲13.6% | $463,194,002▲2.5% | $2,533,997,745▼3.1% | 990 |
| 2019 | $742,330,142▲12.8% | $743,688,755▲13.1% | $452,041,830▲0.7% | $2,616,043,894▲52.4% | 990 |
| 2018 | $657,935,734▲5.2% | $657,690,210▲3.6% | $449,050,100 | $1,716,739,812▲7.7% | 990 |
| 2017 | $625,351,301▲12.4% | $634,909,150▲15.0% | $449,219,937▼2.1% | $1,594,370,881▲4.9% | 990 |
| 2016 | $556,288,548▲8.0% | $552,143,615▲11.9% | $458,778,804▲1.0% | $1,519,773,517▼5.1% | 990 |
| 2015 | $515,046,790▲14.5% | $493,622,200▲14.7% | $454,305,205▲191% | $1,600,675,101▲22.5% | 990 |
| 2014 | $449,852,568▲9.5% | $430,253,545▲10.2% | $155,893,581▲3.9% | $1,306,178,203▼4.2% | 990 |
| 2013 | $410,922,746 | $390,309,894▼0.5% | $149,991,957▲58.3% | $1,363,045,860▲226% | 990 |
| 2012 | — | $392,123,259▲40.2% | $94,752,827▼1.1% | $418,035,060▲35.2% | 990 |
| 2011 | — | $279,738,191▲36.8% | $95,804,393▲1.2% | $309,188,310▲33.9% | 990 |
| 2010 | — | $204,423,469▲31.0% | $94,685,774▼1.2% | $230,942,682▲33.7% | 990 |
| 2009 | — | $156,100,780 | $95,860,857 | $172,771,446 | 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 (FY2023)
Highest-paid: Christopher O'connor — $3,038,169 (0.27% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Christopher O'connor | Ceo/trustee (current Yr Comp) | 39 | $3,038,169 |
| Patrick Mccabe | Former Officer | 0 | $2,581,960 |
| Vincent Tammaro | Former Officer | 0 | $2,486,567 |
| Pamela Sutton-wallace | Evp, Coo & Pres (eff 2/24) | 37 | $1,672,126 |
| Thomas Balcezak | Evp & Cco (current Yr Comp) | 36 | $1,637,005 |
| Melissa Turner | Svp/chro (vested Deferred) | 39 | $1,597,974 |
| Keith Churchwell | Former Key Employee (current Yr Comp) | 0 | $1,332,043 |
| William Aseltyne | Assoc Sec (current Yr Comp) | 34 | $1,257,485 |
| John Skelly | Former Officer (vested Deferred) | 0 | $1,167,986 |
| Gail Kosyla | Evp/cfo/treasurer | 33 | $1,135,647 |
| Keith Churchwell | Former Key Employee (vested Deferred) | 0 | $1,075,650 |
| Vincent Petrini | Former Officer | 0 | $1,032,685 |
| Lisa Stump | Svp/cio (current Yr Comp) | 40 | $988,478 |
| Thomas Newman | Svp (current Yr Comp) | 39 | $935,660 |
| Matthew Comerford | Svp/cso | 40 | $921,868 |
| Melissa Turner | Svp/chro (current Yr Comp) | 39 | $899,354 |
| Micheal Ivy | Vp | 40 | $805,310 |
| Elizabeth Beckman | Former Officer | 0 | $769,727 |
| Lorraine Lee | Svp | 40 | $738,118 |
| Carolyn Salsgiver | Former Officer | 0 | $729,833 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Mccarthy Mambro Bertino LLC | Marketing Services | $12,669,197 |
| Cloudmed Solutions LLC | Collection Services | $4,204,862 |
| Infor Global Operations LP | Computer Services | $4,095,847 |
| Microsoft Licensing Gp | Computer Services | $4,076,945 |
| Medically Home Group Aquisition LLC | Medical Services | $3,978,233 |
Grants received · $726K total
10 grants to Yale New Haven Health Services Corporation totaling $726K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Mayo Clinic | Support charitable programs | 2023 | $6,536 |
| Mayo Clinic | Support charitable programs | 2022 | $128,100 |
| Vanderbilt University Medical Center | Research | 2021 | $113,362 |
| Mayo Clinic | Support charitable programs | 2021 | $109,458 |
| Direct Relief | Support to us clinics & health centers for low-income, uninsured patients | 2019 | $138,862 |
| Northwestern University | Support of research activities | 2019 | $34,318 |
| Americares Foundation Inc | Emergency | 2019 | $32,500 |
| Yale University | Subaward - sponsored research | 2017 | $7,406 |
| Yale University | Subaward - sponsored research | 2016 | $14,898 |
| Yale University | Subaward - sponsored research | 2015 | $140,237 |
Grants made · $1.3M in FY2023
13 grants totaling $1.3M in FY2023. All grants made by Yale New Haven Health Services Corporation →
| Recipient | Purpose | Amount |
|---|---|---|
| New Haven Promise Inc | Support mission | $500,000 |
| Fair Haven Community Health Clinic Inc | Support mission | $366,162 |
| Quinnipiac University | Support mission | $219,975 |
| Gateway Community College Foundation Inc | Support mission | $96,000 |
| Coalition For Health Ai Inc | Communty benefit dev | $50,000 |
| Fairfield University | Support mission | $30,100 |
| Connecticut Coalition For Organ & Tissue Donation Inc | Support mission | $14,700 |
| NAACP Empowerment Programs Inc | Support mission | $14,000 |
| Governors Partnership To Protect Connecticuts Workforce Inc | Support mission | $9,706 |
| Achievement First Inc | Support mission | $7,500 |
| Connecticut Business & Industry Assn Inc | Support mission | $7,500 |
| The Masonic Charity Foundation of Connecticut Inc | Support mission | $7,500 |
| Christian Community Commission Inc | Support mission | $7,500 |
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Frequently asked questions
- Is Yale New Haven Health Services Corporation a legitimate nonprofit?
- Yes. Yale New Haven Health Services Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-2529464, based in New Haven, Connecticut. Donations are tax-deductible.
- What is Yale New Haven Health Services Corporation's EIN?
- Yale New Haven Health Services Corporation's Employer Identification Number (EIN) is 22-2529464.
- How much revenue does Yale New Haven Health Services Corporation report?
- Yale New Haven Health Services Corporation reported $1,102,659,536 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Yale New Haven Health Services Corporation's spending goes to programs?
- Yale New Haven Health Services Corporation spends about 92% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Yale New Haven Health Services Corporation have?
- CharityIndex grades Yale New Haven Health Services Corporation A, based on program efficiency and fundraising cost.
- How much does Yale New Haven Health Services Corporation's highest-paid employee make?
- The highest reported compensation on Yale New Haven Health Services Corporation's latest Form 990 is $3,038,169, paid to Christopher O'connor (Ceo/trustee (current Yr Comp)).
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Data for Yale New Haven Health Services Corporation (EIN 22-2529464) 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.