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Long Island Jewish Medical Center
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972 Brush Hollow Road 5th Fl
Westbury,
NY
11590
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GENERAL INFORMATION
Who We Are
A FACILITY COMMITTED TO IMPROVING THE HEALTH OF THE COMMUNITIES WE SERVE AND PROVIDING THE HIGHEST QUALITY CLINICAL CARE.
- This organization is a 501(c)(3)
Public Charity
.
- This organization is not required to file an annual return with the IRS.
- Financial information in this report is derived from the organization's December 31, 2007
Form 990.
- Additional narrative information in this report was last supplied by the organization on February 25, 2009.
- Contributions are deductible, as provided by law.
| EIN: |
11-2241326 |
| Year Founded: |
|
| Ruling Year: |
1955 |
| Fiscal Year: |
December 31, 2007
|
| Assets: |
$975,197,534 (from Dec 31, 2007 Form 990) |
| No. of Board Members: |
Information not available |
| No. of Full-Time Employees: |
0 |
| No. of Part-Time Employees: |
0 |
| No. of Volunteers: |
0 |
BOARD OF DIRECTORS
MISSION AND PROGRAMS
Mission
IMPROVING THE HEALTH OF THE COMMUNITIES WE SERVE AND PROVIDING THE HIGHEST QUALITY CLINICAL CARE; EDUCATING CURRENT & FUTURE HEALTH CARE PROFESSIONALS; SEARCHING FOR NEW ADVANCES IN MEDICINE; AND CARING FOR THE ENTIRE COMMUNITY REGARDLESS OF THE ABILITY TO PAY.
Programs
SERVING THE COMMUNITY AS ONE INTEGRATED HEALTH SYSTEM, THE NORTH SHORE-LONG ISLAND JEWISH HEALTH SYSTEM INC. (HEALTH SYSTEM) SUPPORTS THE DEVELOPMENT OF COMMUNITY-BASED CARE. EACH HOSPITAL AND ORGANIZATION IS RESPONSIBLE TO SERVE A SPECIFIC COMMUNITY AND THE HEALTH SYSTEM IS COMMITTED TO ENHANCING THE ABILITY OF EACH TO BEST SERVE ITS COMMUNITY. THE HEALTH SYSTEM'S CLINICAL AND MANAGEMENT FOCUS IS TO STRENGTHEN EACH HOSPITAL'S ABILITY TO BETTER SERVE ITS COMMUNITY.
LONG ISLAND JEWISH MEDICAL CENTER ("LIJ") IS A 452-BED TERTIARY ADULT CARE HOSPITAL WITH ADVANCED DIAGNOSTIC AND TREATMENT TECHNOLOGY, AND MODERN FACILITIES FOR MEDICAL, SURGICAL, DENTAL AND OBSTETRICAL CARE.
SCHNEIDER CHILDREN'S HOSPITAL ("SCH"), A DEDICATED PEDIATRIC HOSPITAL SERVING CHILDREN FROM PREMATURE INFANTS THROUGH YOUNG ADULTHOOD, STRIVES TO BECOME ONE OF THE TOP FIVE CHILDREN'S HOSPITALS IN THE NATION, IMPROVE THE HEALTH OF CHILDREN IN THE COMMUNITY IT SERVES AND IS COMMITTED TO PROVIDING THE HIGHEST QUALITY OF CLINICAL CARE.
ZUCKER HILLSIDE HOSPITAL ("ZHH") CONTINUES TO PROVIDE A COMPREHENSIVE CONTINUUM OF MENTAL HEALTH SERVICES, WHICH PROVIDES CARE TO THE PATIENTS AND EXTENSIVE EDUCATION AND SUPPORT SERVICES TO THE OTHER AGENCIES.
GOALS AND RESULTS
Accomplishments for Fiscal Year Ending December 31, 2007
- CONTINUED THE NORTH SHORE-LIJ HEALTH SYSTEMWIDE FINANCIAL ASSISTANCE POLICY, WHICH CREATED A SLIDING FEE SCALE OF UP TO 300% OF THE FEDERAL POVERTY LIMITS FOR UNINSURED AND UNDERINSURED PATIENTS.
- CONTINUED OPERATION OF THE ADULT AMBULATORY CARE UNIT, A FACILITY WHICH PROVIDES PRIMARY AND SPECIALTY AMBULATORY CARE ON A SLIDING FEE SCALE BASIS.
- CONTINUED TO PROVIDE CARE FOR LOW-INCOME PREGNANT WOMEN THROUGH THE NEW YORK STATE PRENATAL CARE ASSISTANCE PROGRAM (PCAP).
Objectives for Fiscal Year Beginning January 1, 2008
- CONTINUE TO EXPAND AND ENHANCE ALL FACILITIES TO ENSURE THE HIGHEST POSSIBLE LEVEL OF CARE.
FINANCIAL DATA
Revenues and Expenses: Fiscal Year Ending December 31, 2007
| REVENUE |
|
| Contributions |
$2,537,959 |
| Government Grants |
$26,802,722 |
| Program Services |
$1,008,571,488 |
| Investments |
$21,603,762 |
| Special Events |
$0 |
| Sales |
$0 |
| Other |
$7,060,404 |
| Total Revenue |
$1,066,576,335 |
| EXPENSES |
|
| Program Services |
$946,681,191 |
| Administration |
$90,112,970 |
| Other |
$485,837 |
| Total Expenses |
$1,037,279,998 |
| Net Gain/Loss |
$29,296,337 |
Balance Sheet: Fiscal Year Ending December 31, 2007
Note: The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot long survive, but the types of assets and liabilities also must be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
| ASSETS |
January 1, 2007 |
December 31, 2007 |
Change |
| Cash & Equivalent |
$172,515,112 |
$191,441,386 |
$18,926,274 |
| Accounts Receivable |
$94,357,327 |
$93,359,428 |
($997,899) |
| Pledges & Grants Receivable |
$4,173,591 |
$6,034,541 |
$1,860,950 |
| Receivable / Other |
$1,798,358 |
$1,720,233 |
($78,125) |
| Inventories for Sale of Use |
$11,946,135 |
$11,840,285 |
($105,850) |
| Investment/Securities |
$56,055,864 |
$85,945,952 |
$29,890,088 |
| Investment/Other |
$41,547,292 |
$46,178,271 |
$4,630,979 |
| Fixed Assets |
$344,640,967 |
$420,411,543 |
$75,770,576 |
| Other |
$120,434,945 |
$118,265,895 |
($2,169,050) |
| Total Assets |
$847,469,591 |
$975,197,534 |
$127,727,943 |
| LIABILITIES |
January 1, 2007 |
December 31, 2007 |
Change |
| Accounts Payable |
$117,823,120 |
$145,261,017 |
$27,437,897 |
| Grants Payable |
$0 |
$0 |
$0 |
| Deferred Revenue |
$0 |
$0 |
$0 |
| Loans and Notes |
$44,906,071 |
$39,975,225 |
($4,930,846) |
| Tax-Exempt Bond Liabilities |
$192,037,914 |
$237,080,346 |
$45,042,432 |
| Other |
$100,430,731 |
$119,017,232 |
$18,586,501 |
| Total Liabilities |
$455,197,836 |
$541,333,820 |
$86,135,984 |
| FUND BALANCE |
$392,271,755 |
$433,863,714 |
$41,591,959 |
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