Northwell Healthcare
Northwell Healthcare reported $2.69 billion in revenue and $2.57 billion in expenses for calendar year 2024. Of every $100 it spent, $90.94 went to program services, $9.06 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 96.9% of the total. The highest compensation it reported for one person was $5,943,362 (President & CEO). 3,494 people received more than $100,000 in reportable compensation. Revenue rose 63% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $2.57BFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $2.69BThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 90.9% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 9.1% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.0% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 96.9% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $5,943,362 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.23% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 3,494 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 2.2 | 6.6 |
| Independent voting board members Part VI 1a–1b | 28 of 35 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseNorthwell Healthcare, inc coordinates policy making & long-range strategic planning. Provides advisory and administrative support services to those entities under common control. Establishes and conducts community educational programs relating to the promotion of health and general welfare
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
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| President & CEO Director/trustee, officer, 50.0 hrs/week | $5,867,706 | $0 | $75,656 | $5,943,362 |
| Pres, Strategic Initiatives & Officer, 50.0 hrs/week | $3,747,876 | $0 | $68,435 | $3,816,311 |
| EVP & CFO Officer, 50.0 hrs/week | $1,904,871 | $0 | $85,322 | $1,990,193 |
| EVP & Physician in Chief Officer, 50.0 hrs/week | $1,809,811 | $0 | $85,392 | $1,895,203 |
| EVP, Amb Strategy & Bus Dvlp Highest compensated employee, 50.0 hrs/week | $1,784,891 | $0 | $69,777 | $1,854,668 |
| EVP, Enterprise Services Officer, 50.0 hrs/week | $1,718,437 | $0 | $57,376 | $1,775,813 |
| SVP, Chief Learning & Innovati Highest compensated employee, 50.0 hrs/week | $1,615,888 | $0 | $85,392 | $1,701,280 |
| EVP, Gen Coun, CLO & Asst Sec Officer, 50.0 hrs/week | $1,607,684 | $0 | $69,777 | $1,677,461 |
3,494 people received more than $100,000 in reportable compensation from Northwell Healthcare (Part VII, line 2). Compensation of current officers, directors and key employees totaled $23M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b35 · 28 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26Yes
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 510,854
Correct a figure or respond
Every number above is copied from Northwell Healthcare's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Northwell Healthcare, you can publish a response that is linked from this page.
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Of every $100 Northwell Healthcare spent in 2024, $90.94 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Sutter HealthSacramento, CA · revenue $2.69B · programs 95.0% · 2024
- Grady Memorial Hospital CorporationAtlanta, GA · revenue $2.69B · programs 82.7% · 2024
- Children's Health System of TexasDallas, TX · revenue $2.66B · programs 78.2% · 2024
- Temple University HospitalPhiladelphia, PA · revenue $2.73B · programs 88.4% · FY2025
- Mary Hitchcock Memorial HospitalLebanon, NH · revenue $2.66B · programs 84.7% · FY2025
Questions people ask
How much of Northwell Healthcare's spending goes to programs?
In calendar year 2024, Northwell Healthcare reported that 90.9% of its $2.57 billion in expenses went to program services, 9.1% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Northwell Healthcare pay its top executive?
The largest total compensation Northwell Healthcare reported for one person in calendar year 2024 was $5,943,362, for the role of President & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Northwell Healthcare get its money?
Of $2.69 billion in revenue in calendar year 2024, 0.0% came from contributions and grants (including 0.0% from government grants) and 96.9% from program service revenue (Form 990, Part VIII).
Is Northwell Healthcare a registered charity?
The IRS lists EIN 11-2965586 as a 501(c)(3) organization (supporting organization (509(a)(3))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202503169349303775 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202433179349301208 · read the filing
- 2022: Form 990 for calendar year 2022, object 202333179349302738 · read the filing
- 2021: Form 990 for calendar year 2021, object 202203189349301725 · read the filing
- 2020: Form 990 for calendar year 2020, object 202123169349303927 · read the filing
- 2019: Form 990 for calendar year 2019, object 202043189349310104 · read the filing
All filings for EIN 11-2965586: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.