2025-11-12T09:26:20-06:00 2024-12-31 991856619 GRANT THORNTON ADVISORS LLC 757 THIRD AVENUE 9TH FLOOR NEW YORK NY 100172013 990 2024-01-01 132954140 GREATER NEW YORK HOSPITAL FOUNDATION INC GREA 2122467100 555 WEST 57TH STREET 1500 NEW YORK NY 10019 LEE H PERLMAN EVP, CHIEF ADMIN/FINANCE OFF. 2122467100 2025-11-12 1 1 SCOTT THOMPSETT P00741490 2125990100 2024 2025-03-06 01:10:19Z KENNETH E RASKE 555 WEST 57TH STREET 1500 NEW YORK NY 10019 844249 0 X WWW.GNYHAFOUNDATION.ORG X 1978 NY TO IDENTIFY AND IMPLEMENT INNOVATIVE SOLUTIONS TO CHALLENGES FACING THE HEALTH CARE SYSTEM. 15 15 0 15 0 0 190000 625000 169500 215078 8091 4171 0 0 367591 844249 0 0 0 0 251506 314823 0 0 0 369817 595409 621323 910232 -253732 -65983 1072277 1271071 111983 376760 960294 894311 X THE FOUNDATION'S MISSION IS TO IDENTIFY AND IMPLEMENT INNOVATIVE SOLUTIONS TO CHALLENGES FACING THE HEALTH CARE SYSTEM IN ORDER TO INCREASE ACCESS AND PROMOTE THE DELIVERY OF QUALITY HEALTH CARE FOR THE UNDERSERVED. FOR MORE INFORMATION, SEE SCHEDULE O. 0 0 512927 0 0 SOCIAL CARE FOR ALL NEEDS MEDICAL EDUCATION ACADEMY (SCAN ME): THIS TWO-YEAR PROJECT AIMS TO ENGAGE MEDICAL STUDENTS AND RESIDENTS IN THE SOCIAL CARE NEEDS OF NEW YORK'S LOW-INCOME COMMUNITIES THROUGH THE DEVELOPMENT AND IMPLEMENTATION OF A SET OF VIRTUAL LEARNING MODULES. 140000 0 0 BUILDING AN INFRASTRUCTURE TO SUSTAIN QUALITY IMPROVEMENT INITIATIVE (QII): THIS INITIATIVE AIMS TO STRENGTHEN QUALITY IMPROVEMENT EDUCATION AND TRAINING FOR PHYSICIANS, NURSES, AND PHYSICIAN ASSISTANTS AND TO SUPPORT HOSPITALS IN IMPROVING PATIENT ACCESS TO AMULATORY SPECIALTY CARE. 67028 0 65078 EMERGENCY PREPAREDNESS FOR NURSING FACILITIES (EMERGENCY PREPAREDNESS): THIS PROJECT'S GOAL IS TO CONDUCT OUTREACH TO ALL NYC-BASED NURSING FACILITIES AND SUPPORT THEIR EMERGENCY PREPAREDNESS CAPABILITIES, INCLUDING COMMUNICATIONS AND SITUATIONAL AWARNESS. HEALTHCARE COALITION DEVELOPMENT, STAFFING NEEDS, EDUCATION, AND TRAINING. 56567 0 150000 CAREER PATHWAYS TRAINING PROGRAM (CHWD TRAINING): THIS PROGRAM IS A WORKFORCE INITIATIVE UNDER NEW YORK STATE'S SECTION 1115 MEDICAID WAIVER, WHICH AIMS TO TRAIN AND RETRAIN NEW YORKERS IN 13 DIFFERENT HEALTH CARE TITLES THAT ARE EXPERIENCING WORKFORCE SHORTAGES. THE PROGRAM FUNDS TUITION AND PROGRAM FEES FOR EDUCATIONAL PROGRAMS, SUPPORT SERVICES, AS WELL AS RECRUITMENT AND OUTREACH EFFORTS. 56567 0 150000 776522 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 17 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X LISA KRIEGER 2125065451 555 WEST 57 STREET NEW YORK NY 10019 PHILIP OZUAH CHAIR (THRU 5/24); IMMED PAST CHAIR 0.13 1.13 X X 0 0 0 PATRICK M O'SHAUGHNESSY VICE CHAIR (THRU 5/24); CHAIR 0.13 1.13 X X 0 0 0 DONALD BOYD TREASURER (THRU 5/24); VICE CHAIR 0.13 1.13 X X 0 0 0 MITCHELL KATZ VICE CHAIR HEALTH & HOSPITALS 0.13 1.13 X X 0 0 0 JEFFREY I FARBER VICE CHAIR LONG TERM CARE 0.13 1.13 X X 0 0 0 SELWYN M VICKERS SECRETARY (THRU 5/24); TREASURER 0.13 1.13 X X 0 0 0 RICHARD DAVIS ASST TREAS (THRU 5/24); SECRETARY 0.13 1.13 X X 0 0 0 DAVID PERLSTEIN ASST SEC (THRU 5/24); ASST TREAS 0.13 1.13 X X 0 0 0 BRENDEN CARR ASSISTANT SECRETARY (AS OF 6/24) 0.13 1.13 X X 0 0 0 COLLEEN M BLYE CHAIR, AUDIT & COMPLIANCE COMMITTEE 0.13 1.13 X X 0 0 0 KENNETH GIBBS PAST CHAIR 0.13 1.13 X X 0 0 0 STEVEN CORWIN PAST CHAIR 0.13 1.13 X X 0 0 0 ROBERT GROSSMAN PAST CHAIR 0.13 1.13 X X 0 0 0 MICHAEL DOWLING PAST CHAIR 0.13 1.13 X X 0 0 0 LARAY BROWN PAST CHAIR (THRU 5/2024) 0.13 1.13 X X 0 0 0 KENNETH DAVIS PAST CHAIR (THRU 5/2024) 0.13 1.13 X X 0 0 0 BRYAN T KELLY DIRECTOR (AS OF 6/24) 0.13 1.13 X 0 0 0 KENNETH E RASKE PRESIDENT 0.08 34.92 X 0 3096818 94223 LEE HPERLMAN EVP, CHIEF ADMIN/FINANCE OFFICER 0.08 34.92 X 0 2415593 77275 TIMOTHY JOHNSON EXECUTIVE DIRECTOR 5.83 29.17 X 0 487308 64455 0 5999719 235953 0 0 1 0 0 625000 625000 CAREER PATH TRAINING 611430 150000 150000 EMERGENCY PREPAREDNESS 541900 65078 65078 215078 4171 4171 844249 215078 0 4171 X 101469 101469 170587 130747 39840 42767 32687 10080 28953 28953 237901 237901 12 12 47200 47200 227052 227052 7512 7512 EMS LICENSING FEES 46654 46654 MISCELLANEOUS 125 125 910232 776522 133710 0 438985 585302 107585 57518 405000 378919 53059 197962 67648 51370 1072277 1271071 56110 70073 55873 306687 111983 376760 X 116214 155097 844080 739214 960294 894311 1072277 1271071 -65983 0 X X 0 1 X 1 0 X 20794653 2966101 1125000 190000 625000 25700754 20794653 2966101 1125000 190000 625000 25700754 15622703 10078051 1480 486 1032 8091 4171 15260 25716014 1065209 0.39190 0.47590 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO GNYHA MGMT CORPORATION 306687 306687 X 954049 109800 109800 844249 0 844249 1020032 109800 109800 910232 0 910232 PART X, LINE 2: UNCERTAIN TAX POSITION THE FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(A) OF THE CODE. THE FOUNDATION APPLIES THE GUIDANCE IN ASC SUBTOPIC 740-10, INCOME TAXES, WHICH ADDRESSES THE ACCOUNTING FOR UNCERTAINTIES IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. THE FOUNDATION UTILIZES A THRESHOLD OF MORE LIKELY THAN NOT FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. X X X X X 0 1 0 0 0 0 0 0 0 KENNETH E RASKE PRESIDENT 0 2238987 0 831590 0 26241 0 56289 0 37934 0 3191041 0 0 LEE HPERLMAN EVP, CHIEF ADMIN/FINANCE OFFICER 0 1735787 0 657887 0 21919 0 33900 0 43375 0 2492868 0 0 TIMOTHY JOHNSON EXECUTIVE DIRECTOR 0 481184 0 2500 0 3624 0 22425 0 42030 0 551763 0 0 PART I, LINE 3 COMPENSATION OF THE FOUNDATION'S EXECUTIVE DIRECTOR IS ESTABLISHED BY THE COMPENSATION COMMITTEE OF GREATER NEW YORK HOSPITAL ASSOCIATION, WHOSE MEMBERS, LIKEWISE, ALSO SERVE ON THE FOUNDATION'S BOARD OF DIRECTORS OR AS OFFICERS OF THE FOUNDATION. THE ASSOCIATION, AS NOTED IN FORM 990, PART VI, LINE 7, IS THE FOUNDATION'S SOLE VOTING MEMBER. GREATER NEW YORK HOSPITAL FOUNDATION, INC. USED THE FOLLOWING METHODS TO ESTABLISH THE COMPENSATION FOR TOP MANAGEMENT OFFICIALS OF THE ORGANIZATION: COMPENSATION COMMITTEE INDEPENDENT COMPENSATION CONSULTANT FORM 990 OF OTHER ORGANIZATIONS COMPENSATION SURVEY OR STUDY APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN THE COMPENSATION REPORTED IN BOTH FORM 990 PART VII AND SCHEDULE J IS PAID BY A RELATED FOR-PROFIT CORPORATION, GNYHA MANAGEMENT CORPORATION. TWO OFFICERS KENNETH E. RASKE AND LEE PERLMAN PARTICIPATE IN ONE OR MORE SUPPLEMENTAL NONQUALIFIED DEFERRED COMPENSATION ARRANGEMENTS THROUGH GNYHA MANAGEMENT CORPORATION, AN ENTITY TAXED AS A CORPORATION. CONTRIBUTIONS TO THE SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLANS ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (C) AS PART OF DEFERRED COMPENSATION OR SCHEDULE J, PART II, COLUMN (B)(III) WHEN AMOUNTS ARE CONTRIBUTED AND VESTED IN THE SAME CALENDAR YEAR: KENNETH E. RASKE - $33,864 LEE H. PERLMAN - $11,475 PART II: TIMOTHY JOHNSON IS THE EXECUTIVE DIRECTOR OF THE ORGANIZATION AND AN EMPLOYEE OF A RELATED ORGANIZATION, GNYHA MANAGEMENT CORPORATION. HIS SALARY AND BENEFIT AMOUNTS ARE PAID BY GNYHA MANAGEMENT CORPORATION AND A PORTION IS ALLOCATED TO THE FOUNDATION BASED ON THE SERVICES HE RENDERS. FOR THE YEAR ENDED 12/31/2024, THE ALLOCATED AMOUNT OF HIS SALARY IS $81,175 AND THE ALLOCATED AMOUNT OF FRINGE BENEFITS IS $10,737. FORM 990, PART III, LINE 1 THE GREATER NEW YORK HOSPITAL FOUNDATION IS THE NOT-FOR-PROFIT 501(C)(3) AFFILIATE OF THE GREATER NEW YORK HOSPITAL ASSOCIATION (GNYHA), AN ORGANIZATION EXEMPT FROM INCOME TAX UNDER IRC SECTION 501(C)(6). THE FOUNDATION WAS CREATED TO ASSIST HEALTHCARE PROVIDERS IN THEIR DELIVERY OF SERVICES TO THE COMMUNITY, INCLUDING PATIENTS AND THE PUBLIC AT LARGE, ALL BY SUCH MEANS AS SHALL FROM TIME TO TIME BE FOUND APPROPRIATE AND AS ARE LAWFUL FOR A NOT-FOR-PROFIT CORPORATION, INCLUDING, WITHOUT LIMITATION, THE DEVELOPMENT OF EDUCATIONAL PROGRAMS, THE UNDERTAKING OF QUANTITATIVE ANALYSES AND OTHER STUDIES, THE GRANTING OF FINANCIAL AID AND THE CREATION OF FUNDS TO PROVIDE RECOGNITION AND/OR FINANCIAL SUPPORT TO INDIVIDUALS WHO DELIVER CARE AND/OR THEIR FAMILIES FOR EXTRAORDINARY SERVICES RENDERED. FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING INDIVIDUALS HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER IN SO FAR AS THE PERSONS LISTED ARE OFFICERS, EMPLOYEES AND/OR DIRECTORS OF THE FOUNDATION AND ALSO OF GNYHA MANAGEMENT CORPORATION, AN ENTITY TAXED AS A CORPORATION: STEVEN J CORWIN; KENNETH GIBBS; MITCHELL KATZ; PHILIP OZUAH; JEFFREY FARBER; DAVID PERLSTEIN; PATRICK O'SHAUGHNESSY; DONALD BOYD; MICHAEL DOWLING; RICHARD DAVIS; ROBERT GROSSMAN; SELWYN VICKERS; BRENDAN CARR; BRYAN T KELLY; TIMOTHY JOHNSON; KENNETH E RASKE; LEE H PERLMAN. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE ORGANIZATION IS THE GREATER NEW YORK HOSPITAL ASSOCIATION ("GNYHA"), AN ORGANIZATION EXEMPT FROM INCOME TAX UNDER INTERNAL REVENUE CODE SECTION 501(C)(6). FORM 990, PART VI, SECTION A, LINE 7A AS THE ORGANIZATION'S SOLE MEMBER, GNYHA HAS THE RIGHT TO VOTE ON THE ELECTION OF THE MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE SOLE MEMBER MUST APPROVE THE ELECTION OF THE BOARD OF DIRECTORS AND ANY OTHER ACTION REQUIRING MEMBERS' APPROVAL AS A MATTER OF LAW. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 RETURN WAS PREPARED BY THE ORGANIZATION'S FINANCE DEPARTMENT AND AN INDEPENDENT ACCOUNTING FIRM. THE ORGANIZATION'S AUDIT AND COMPLIANCE COMMITTEE, WHICH COMPRISES FOUR MEMBERS OF THE ORGANIZATION'S BOARD OF DIRECTORS, REVIEWED THE DRAFT RETURN AT A COMMITTEE MEETING. THE FINAL FORM 990 WAS PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY BY ELECTRONIC MEANS PRIOR TO THE RETURN BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION ADMINISTERS AN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT TO EXECUTIVE EMPLOYEES, OFFICERS AND DIRECTORS OF THE ORGANIZATION. THE AUDIT & COMPLIANCE COMMITTEE IS RESPONSIBLE FOR REVIEWING AND MONITORING ANY POTENTIAL CONFLICTS. ADDITIONALLY THE AUDIT & COMPLIANCE COMMITTEE MEETS THROUGHOUT THE YEAR TO REVIEW ONGOING ADMINISTRATION AND IMPLEMENTATION OF THE CONFLICT OF INTEREST POLICY. A MEMBER OF THE GOVERNING BODY WHO HAS A CONFLICT IS REQUIRED TO RECUSE HIMSELF OR HERSELF FROM ANY DISCUSSION RELATING TO SUCH CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE ORGANIZATION'S EXECUTIVE DIRECTOR AND OTHER OFFICERS IS ESTABLISHED BY THE COMPENSATION COMMITTEE OF GREATER NEW YORK HOSPITAL ASSOCIATION, WHOSE MEMBERS, LIKEWISE, ALSO SERVE ON THE FOUNDATION'S BOARD OF DIRECTORS OR AS OFFICERS OF THE FOUNDATION. THE ASSOCIATION, AS NOTED IN FORM 990, PART VI, LINE 7, IS THE FOUNDATION'S SOLE VOTING MEMBER. GNYHA'S COMPENSATION COMMITTEE, COMPOSED OF INDEPENDENT PERSONS, REVIEWED AND APPROVED THE COMPENSATION OF THE ORGANIZATION'S OFFICERS. WITH RESPECT TO 2024 COMPENSATION AND CERTAIN BONUS ARRANGEMENTS, TO ASSIST AND SUPPORT THE REVIEW AND DECISION-MAKING PROCESS, GNYHA ENGAGED AN OUTSIDE CONSULTANT TO COLLECT AND ANALYZE COMPARABILITY DATA AND OTHER INFORMATION AND MAKE RECOMMENDATIONS TO THE COMPENSATION COMMITTEE. THE DECISIONS AS WELL AS THE DECISION-MAKING PROCESS OF THE COMMITTEE WERE DOCUMENTED CONTEMPORANEOUSLY. ALL OFFICERS' COMPENSATION AND BENEFITS ARE PAID BY A RELATED ORGANIZATION, GNYHA MANAGEMENT CORPORATION. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S FORM 990 IS PUBLICLY AVAILABLE ON VARIOUS WEBSITES, INCLUDING GUIDESTAR, PROPUBLICA AND IRS.GOV; ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE IN THE FOUNDATION'S MAIN OFFICE AND WILL BE PROVIDED UPON REQUEST IN A TIMELY MANNER. FORM 990, PART IX, LINE 11G SCAN ME ACADEMY EDUCATIONAL CONSULTING: PROGRAM SERVICE EXPENSES 237,901. TOTAL EXPENSES 237,901. GREATER NEW YORK HOSPITAL ASSOCIATION 555 WEST 57TH ST SUITE 1500 NEW YORK NY 10019 131552496 HEALTH CARE NY 501(C)(6) N/A N/A 0 GNYHA MANAGEMENT CORPORATION 555 WEST 57TH STREET NEW YORK NY 10019 133636375 ADMINISTRATION NJ N/A C 0 GNYHA AC INC 555 WEST 57TH STREET NEW YORK NY 10019 132955551 HEALTHCARE NJ N/A C 0 GNYHA VENTURES INC 555 WEST 57TH STREET NEW YORK NY 10019 133465616 HEALTHCARE NJ N/A C 0 GNYHA NX INC 555 WEST 57TH STREET NEW YORK NY 10019 133465618 HEALTHCARE NJ N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 GNYHA MANAGEMENT CORPORATION O 109800 FMV GNYHA MANAGEMENT CORPORATION P 477847 FMV SCHEDULE R GREATER NEW YORK HOSPITAL FOUNDATION (GNYHF) IS A 501 (C)(3) ORGANIZATION AND AN AFFILIATE OF GREATER NEW YORK HOSPITAL ASSOCIATION (GNYHA), WHICH IS A 501(C)(6) ORGANIZATION. GNYHA FILES A SEPARATE FORM 990. GNYHA PROVIDES ADVOCACY SERVICES FOR ITS MEMBER HOSPITALS TO ASSIST THEM IN IMPROVING ACCESS TO AND THE QUALITY AND EFFICIENCY OF HEALTH CARE. THESE SERVICES INCLUDE ADVOCACY SERVICES AT THE NATIONAL LEVEL FOR ITS NEW YORK, NEW JERSEY, CONNECTICUT, AND RHODE ISLAND HOSPITAL MEMBERS AND ADVOCACY SERVICES AT THE STATE LEVEL FOR ITS NEW YORK HOSPITAL AND HEALTH SYSTEMS MEMBERS. IN 2024, GNYHA'S RELATED ENTITIES INCLUDE FOUR FOR-PROFIT COMPANIES. THESE COMPANIES FOCUS PRIMARILY ON HELPING HEALTH CARE ORGANIZATIONS REDUCE THEIR COSTS AND OPERATE MORE EFFICIENTLY.