New York · Ranked 2 of 1033 by CEO pay.

NewYork-Presbyterian

Steven J Corwin, President & CEO/Trustee. Fiscal year ending 2024-12.

$26.3M

CEO total compensation
Form 990 Part VII, columns D+E+F

1.11%

of expenses spent on charity care
Schedule H Part I line 7a

23.5%

CEO pay as a share of all charity care

Steven J Corwin’s pay of $26,271,976 equals 23.5 percent of the $111,886,431 the system spent on charity care in the same year.

Also listed with a chief executive title in the same filings: Kerry S Dewitt, Cos To Pres And CEO And SVP Comm, $1,297,776. Where a chief executive retired during the year, the filing reports the final-year payout.

§1The filing

Total revenue: $10,662,065,094
Total expenses: $10,114,875,710
Net assets: $13,997,717,750
Employees: 36,103
Hospitals covered: 1 facilities across 1 filing
Charity care, net: $111,886,431
Bad debt: $18,480,524
Medicare surplus (shortfall), as filed: ($363,232,576)
CEO pay from the organization (Part VII col. D): $23,299,889
From related organizations (col. E): $0
Other compensation, including deferred pay and nontaxable benefits (col. F): $2,972,087
CEO total compensation (D+E+F): $26,271,976 to Steven J Corwin

Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.

Source: Form 990, NewYork-Presbyterian, EIN 13-3957095, fiscal year ending 2024-12, as published by the IRS. CEO identification: ceo title.

§2Community benefit versus charity care

What the system reported as total community benefit (Schedule H line 7k)$2.1B Of which charity care to patients who could not pay (line 7a)$111.9M (5%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($18.5M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.

Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.

§Share

NewYork-Presbyterian: CEO pay $26.3M, charity care 1.11% of expenses

This card is what appears when the link to this page is posted. Use it, the sentence, or the embed code. No permission needed; attribution is on the card.

Download card

NewYork-Presbyterian reported $26,271,976 in compensation for chief executive Steven J Corwin in the fiscal year ending 2024-12. It spent 1.11% of expenses on charity care, $111,886,431. Source: its own IRS Form 990. https://everythingisbroken.org/reports/hospital-ceo-pay/system/the-new-york-and-presbyterian-hospital-13-3957095.html