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To the editor:
I recently received a surprise in the mail. NewYork-Presbyterian Hospital is a non-profit that apparently considers itself a charity. They were asking me to make a contribution.
According to ProPublica's Nonprofit Explorer, in 2024 (the most recent data available), their net income was $547,189,384. But their attitude toward their hard-working nurses was certainly not charitable.
They recently had to stay out on strike for 41 days before they were offered an acceptable contract. That was more time than any other hospital's nurses.
But if this hospital needs contributions, I can think of three people who can easily afford to make them, their own top executives. Their 2024 compensation was $14,550,784 for president/CEO/trustee Steven J. Corwin, $7,682,481 for executive vice president and COO Laura L. Forese and $3,609,766 for another executive vice president and COO, Brian Donley.
While more recent data is not available, it's just a hunch of mine that these three have not suffered any decline in income since then.
Richard Warren
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Valete
New York-Presbyterian Hospital, despite its strong financial position, has always welcomed community donations. However, when the top executives received their substantial 2024 bonuses, they promptly transferred the funds to their substantial bank accounts. This raises the question: What are the hospital’s executives’ top priorities—self-interest or the public good?
Tuesday, June 2 Report this