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Vassar Brothers Hospital

Also known as Vassar Brothers Medical Center

Poughkeepsie, NY · EIN 14-1338586 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

Vassar Brothers Hospital reported $920.3 million in revenue and $915.5 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $94.49 went to program services, $5.51 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: 98.3% of the total. The highest compensation it reported for one person was $5,943,362 (PRESIDENT/CEO OF NORTHWELL; DIRECTOR (FROM 05/25)). 1,023 people received more than $100,000 in reportable compensation. Revenue rose 24% between FY2021 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $915M

For 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

The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $920M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
94.5%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
5.5%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
0.3%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
98.3%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)
0.65%1.34%
People paid over $100,000
Part VII, line 2
1,02327
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
9.06.6
Independent voting board members
Part VI 1a–1b
18 of 2388.9%

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

FY2025 · Form 990, Part III · the three largest programs by expense
$865M expenses · 100.0% of program spending · grants $199K · revenue $910M

Vassar Brothers medical center (vbmc) is a 349-bed acute care hospital that has served new york's mid-hudson valley since 1887. The hospital remains committed to delivering high-quality, patient-centered, and mission-driven care to the communities it serves. Vbmc is part of nuvance health, which in may 2025 joined northwell health, creating an expanded integrated health system that enhances access to coordinated, high-quality care across new york's hudson valley and western connecticut. As part of northwell health, new york's largest health system, vbmc patients benefit from broader clinical…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT/CEO OF NORTHWELL; DIRECTOR (FROM 05/25)
Director/trustee, officer, 0.0 hrs/week
$0$5,867,706$75,656$5,943,362
NUVANCE PRESIDENT & CEO; DIRECTOR (FROM 05/25)
Director/trustee, officer, 0.0 hrs/week
$0$5,258,348$47,375$5,305,723
NORTHWELL PRES. STRATEGIC INITIATIVES & COO; DIRECTOR (FROM 05/25)
Director/trustee, 0.0 hrs/week
$0$3,747,876$68,435$3,816,311
CHIEF OPERATING OFFICER
Key employee, 0.0 hrs/week
$0$2,170,871$200,351$2,371,222
CHIEF FINANCIAL OFFICER; TREASURER
Officer, 0.0 hrs/week
$0$2,147,602$188,928$2,336,530
NORTHWELL EVP & CFO & ASSISTANT TREASURER (FROM 05/25)
Officer, 0.0 hrs/week
$0$1,904,871$85,322$1,990,193
CHIEF STRATEGY OFFICER
Key employee, 0.0 hrs/week
$0$1,676,598$22,583$1,699,181
NORTHWELL EVP, GENERAL COUNSEL & CLO & ASSISTANT SECRETARY (FROM 05/25)
Officer, 0.0 hrs/week
$0$1,607,684$69,777$1,677,461

1,023 people received more than $100,000 in reportable compensation from Vassar Brothers Hospital (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.2M (Part IX, line 5).

5 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$250M$500M$750M$1.00BFY2021FY2022FY2023FY2024FY2025$920M$915M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$920M$915M94.5%$690M$5,943,362
FY2024 ⓘ$904M$852M93.7%$574M$1,649,792
FY2023 ⓘ$774M$804M93.6%$498M$1,532,125
FY2022 ⓘ$772M$759M93.5%$507M$1,823,986
FY2021 ⓘ$745M$735M91.4%$481M$2,343,892

Governance answers, as filed

FY2025 · 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–1b23 · 18 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14No
  • Independent process for top executive pay Part VI 15aNo
  • 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 26No
  • 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 53,213
  • Volunteers Part I, line 6188

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
ALSTON BIRD LLP
Legal services
$1,401,731
PREMIER MEDICAL GROUP
Medical staffing
$1,014,157
KONS MSO HOLDINGS LLC
Medical staffing
$933,300
PATRIOT CLEAN FUEL LLC
Fuel system engineering
$750,147
US PACK MED LLC
Medical couriers
$501,426

Individuals listed as contractors are left out. 15 contractors were paid more than $100,000 in all.

Private foundation grants it received

8 private foundations reported grants to Vassar Brothers Hospital totaling $1.0M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Vassar Brothers Hospital's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Vassar Brothers Hospital, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in New York

Questions people ask

How much of Vassar Brothers Hospital's spending goes to programs?

In the fiscal year ending September 30, 2025, Vassar Brothers Hospital reported that 94.5% of its $915.5 million in expenses went to program services, 5.5% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Vassar Brothers Hospital pay its top executive?

The largest total compensation Vassar Brothers Hospital reported for one person in the fiscal year ending September 30, 2025 was $5,943,362, for the role of PRESIDENT/CEO OF NORTHWELL; DIRECTOR (FROM 05/25) (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Vassar Brothers Hospital get its money?

Of $920.3 million in revenue in the fiscal year ending September 30, 2025, 0.3% came from contributions and grants (including 0.0% from government grants) and 98.3% from program service revenue (Form 990, Part VIII).

Is Vassar Brothers Hospital a registered charity?

The IRS lists EIN 14-1338586 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202642249349300239 · read the filing
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202502269349301895 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202422219349301862 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202312279349304971 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202202359349301375 · read the filing

All filings for EIN 14-1338586: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.