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Nonprofit · EIN 11-2965575

NORTHWELL HEALTH FOUNDATION

Also known as NS-LIJ HEALTH SYSTEMS FOUNDATION

Tax-exempt · WESTBURY, NY 11590

Financials

$155.8M$111M2023$123.5M$102.8M2024
Revenue Expenses · by fiscal year end
Financials of NORTHWELL HEALTH FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$123,518,750$102,804,562$20,714,188$572,809,281$9,980,684$562,828,597
December 31, 2023990$155,789,579$111,039,521$44,750,058$539,501,981$9,773,625$529,728,356
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$114,564,012
Program service revenue
$0
Investment income
$11,692,187
Net rental income
$16,500
Net gain from sales of assets
$7,395,947
Net income from fundraising events
-$2,753,949
Other revenue
-$2,737,449

Expenses

Grants and similar amounts paid
$73,075,775
Compensation of officers, directors and key employees
$1,176,751
Other salaries and wages
$16,557,679
Salaries, compensation and benefits (total)
$22,535,457
Professional fundraising fees
$0
Accounting fees
$255
Occupancy
$216,464
Travel
$234,829
Depreciation
$153,024
Program services (functional)
$73,075,775
Management and general (functional)
$4,325,716
Fundraising (functional)
$25,403,071

Balance sheet and other

Total assets, start of year
$539,501,981
Total assets, end of year
$572,809,281
Total liabilities, end of year
$9,980,684
Net assets, end of year
$562,828,597
Land, buildings and equipment
$826,585
Publicly traded securities
$225,428,032
Net assets with donor restrictions
$562,828,597
Gross receipts
$322,795,431
Employees
103
Volunteers
0
Year formed
1988
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHAEL DOWLINGPresident & CEO
Trustee or director, Officer
0$0$5,867,706$75,656
MARK SOLAZZOPres, Strategic Initiatives &
Officer
0$0$3,747,876$68,435
MICHELE CUSACKEVP & CFO
Officer
0$0$1,904,871$85,322
DAVID BATTINELLIEVP & Physician in Chief
Officer
0$0$1,809,811$85,392
JOSEPH MOSCOLAEVP, Enterprise Services
Officer
0$0$1,718,437$57,376
LAURENCE KRAEMEREVP, Gen Coun, CLO & Asst Sec
Officer
0$0$1,607,684$69,777
JEFFREY KRAUTEVP Strategy
Officer
0$0$1,596,503$70,806
DONNA DRUMMONDSVP & Chf Expense Officer
Officer
0$0$1,234,114$68,023
BRIAN LALLYSVP, Chief Development Officer
Officer
50$1,176,751$0$69,731
KONSTANTINE COSTALASSVP, Managed Care
Officer
0$0$1,155,218$85,322
MARK GLOADESVP, Dep Gen Coun, Dep CLO & A
Officer
0$0$1,084,683$85,322
RALPH NAPPIEVC
Trustee or director, Officer
0$0$997,705$69,731
ANASTASIOS KOZAITISVP, Development
Highest-paid employee
50$568,417$0$82,760
ROBERT LANEVP, Principal Gifts
Highest-paid employee
50$571,489$0$54,164
SOUZAN HANNAVP, Foundation Ops
Highest-paid employee
50$459,772$0$85,322
12 more people on this return
NameTitleHours / weekCompensationFrom related orgsOther / benefits
ROBERT CASTANOVP, Development
Highest-paid employee
50$428,861$0$85,392
HARRY GINDIAssistant Secretary
Officer
0$0$424,042$69,731
ROBIN ROSSAVP, Development
Highest-paid employee
50$446,697$0$38,550
MARK CLASTERVice Chairman
Trustee or director, Officer
2$0$324,255$0
MARGARET CROTTYChairman
Trustee or director, Officer
3$0$0$0
MICHAEL EPSTEINImmediate Past Chairman
Trustee or director, Officer
2$0$0$0
RICHARD GOLDSTEINVice Chairman
Trustee or director, Officer
2$0$0$0
WILLIAM MACKVice Chairman
Trustee or director, Officer
2$0$0$0
BARRY RUBENSTEINVice Chairman
Trustee or director, Officer
2$0$0$0
ROBERT ROSENTHALTreasurer
Trustee or director, Officer
2$0$0$0
DONALD ZUCKERSecretary
Trustee or director, Officer
2$0$0$0
NON-COMPENSATED TRUSTEESSEE SCHEDULE O
Trustee or director
2$0$0$0
990 for the year ended December 31, 2023: 29 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHAEL DOWLINGPresident & CEO
Trustee or director, Officer
0$0$8,971,932$70,612
MARK SOLAZZOPres, Strategic Initiatives &
Officer
0$0$3,646,211$63,855
DAVID BATTINELLIEVP & Physician in Chief
Officer
0$0$1,736,272$78,569
MICHELE CUSACKEVP & CFO
Officer
0$0$1,617,951$78,507
JOSEPH MOSCOLAEVP, Enterprise Services
Officer
0$0$1,600,423$50,769
JEFFREY KRAUTEVP Strategy
Officer
0$0$1,469,417$64,879
EUGENE TANGNEYSVP & Chf Bus Continuity & Cri
Officer
0$0$1,372,536$78,507
RICHARD MILLEREVP & Chf Business Strategy Of
Officer
0$0$1,337,890$63,119
LAURENCE KRAEMEREVP, Gen Coun, CLO & Asst Sec
Officer
0$0$1,302,865$69,888
DONNA DRUMMONDSVP & Chf Expense Officer
Officer
0$0$1,154,531$63,119
KONSTANTINE COSTALASSVP, Managed Care
Officer
0$0$1,099,361$78,507
BRIAN LALLYSVP, Chief Development Officer
Officer
50$1,008,232$0$64,637
RALPH NAPPIEVC
Trustee or director, Officer
0$0$972,189$64,637
MARK GLOADESVP, Dep Gen Coun, Dep CLO & A
Officer
0$0$943,719$78,507
ANASTASIOS KOZAITISVP, Development
Highest-paid employee
50$547,260$0$76,228
ROBERT LANEVP, Principal Gifts
Highest-paid employee
50$536,389$0$50,790
SOUZAN HANNAVP, Foundation Ops
Highest-paid employee
50$432,600$0$78,507
ROBERT CASTANOVP, Development
Highest-paid employee
50$396,063$0$78,569
HARRY GINDIAssistant Secretary
Officer
0$0$405,570$64,637
ROBIN ROSSSenior Principal Gifts Officer
Highest-paid employee
50$409,888$0$36,900
MARK CLASTERVice Chairman
Trustee or director, Officer
2$0$324,306$0
MARGARET CROTTYChairman
Trustee or director, Officer
3$0$0$0
MICHAEL EPSTEINImmediate Past Chairman
Trustee or director, Officer
2$0$0$0
RICHARD GOLDSTEINVice Chairman
Trustee or director, Officer
2$0$0$0
WILLIAM MACKVice Chairman
Trustee or director, Officer
2$0$0$0
BARRY RUBENSTEINVice Chairman
Trustee or director, Officer
2$0$0$0
ROBERT ROSENTHALTreasurer
Trustee or director, Officer
2$0$0$0
DONALD ZUCKERSecretary
Trustee or director, Officer
2$0$0$0
NON-COMPENSATED TRUSTEESSEE SCHEDULE O
Trustee or director
2$0$0$0

Address and contacts

Address (IRS master file)
972 BRUSH HOLLOW RD 5TH FL, WESTBURY, NY 11590-1740
In care of
% NORTHWELL HEALTH INC
Principal officer (990 for 2024)
MICHAEL J DOWLING, 2000 MARCUS AVE, NEW HYDE PARK, NY 11042
Signed the 990
Michele L Cusack, EVP & CFO
Phone
(516) 321-6058

Mission

NORTHWELL HEALTH FOUNDATION INC. IS DEDICATED TOWARD HELPING DONORS, PATIENTS, AND LEADERS LINK THEIR VISION AND PHILANTHROPIC SUPPORT TOWARD HELPING THE UNDERSERVED AND UNINSURED, ADVANCING THE LATEST FRONTIERS IN MEDICAL TECHNOLOGY AND RESEARCH, OR PROVIDING CRITICAL FINANCIAL SUPPORT FOR NEW FACILITIES AND PROGRAMS WITHIN NORTHWELL HEALTH.

990 for the year ended December 31, 2024

Program accomplishments

  • The Foundation raises funds in support of Northwell Health, including gifts, for the expansion, modernization, and medical care for the affiliated health care organizations within Northwell Health. The Philanthropy enables Northwell to innovate in the advancement of health care standards.
    Expenses $73,075,775 · revenue $114,564,012

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
11-2965575
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1994
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E122)
Assets (IRS master file)
$572,809,281
Income (IRS master file)
$322,795,431

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$123,518,750$102,804,562$572,809,281IRS
990December 2023$155,789,579$111,039,521$539,501,981XML
990December 2022$116,719,999$87,263,071$466,111,453IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 11-2965575).

Questions about NORTHWELL HEALTH FOUNDATION

What is the EIN of NORTHWELL HEALTH FOUNDATION?
The employer identification number (EIN) of NORTHWELL HEALTH FOUNDATION is 11-2965575.
Is NORTHWELL HEALTH FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to NORTHWELL HEALTH FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NORTHWELL HEALTH FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NORTHWELL HEALTH FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NORTHWELL HEALTH FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of NORTHWELL HEALTH FOUNDATION?
The 990 for the year ended December 31, 2024 names MICHAEL J DOWLING.
Who are the officers and directors of NORTHWELL HEALTH FOUNDATION?
The 990 for the year ended December 31, 2024 lists 27 people; 6 received compensation from the organization.
How much revenue does NORTHWELL HEALTH FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $123,518,750, expenses of $102,804,562 and total assets of $572,809,281 at year end.

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