Civic Intelligence

League of Voluntary Hospitals & Homes of Ny

EIN 13-2601380 • 501(c)6 • New York, NY

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Profile

The organization promotes the general welfare of its member hospitals and homes and establishes and maintains a basis for cooperation among its member hospitals and homes in field of collective bargaining and personnel administration.

Refreshing map…

555 West 57th StreetNew York, NY 10019

www.lvhh.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

21st percentile

0.07x

Higher debt load relative to assets than 21% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

34th percentile

0.25x

Higher debt load relative to revenue than 34% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Net Margin

84th percentile

22%

Higher net margin than 84% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

95th percentile

$1,025,486

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 20.0% of source-year revenue.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Asset Growth

90th percentile

25%

Faster asset growth than 90% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

14th percentile

-6.3%

Faster revenue growth than 14% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets21st percentile

Assets

Up

$18,558,284

Up $3,721,297 (+25%) from 2023

Liabilities

Up

$1,264,334

Up $492,094 (+64%) from 2023

Net Assets

Up

$17,293,950

Up $3,229,203 (+23%) from 2023

Operations
Liabilities / Revenue34th percentileNet Margin84th percentile

Revenue

Down

$5,128,452

Down $347,308 (-6.3%) from 2023

Expenses

Down

$4,001,689

Down $49,409 (-1.2%) from 2023

Net Income

Down

$1,126,763

Down $297,899 (-21%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth90th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2011: $5,804,611Liabilities 2011: $2,871,006Net Assets 2011: $2,933,6052011Assets 2012: $6,739,679Liabilities 2012: $2,893,378Net Assets 2012: $3,846,3012012Assets 2013: $8,881,310Liabilities 2013: $3,250,431Net Assets 2013: $5,630,8792013Assets 2014: $7,776,311Liabilities 2014: $3,383,400Net Assets 2014: $4,392,9112014Assets 2015: $6,344,107Liabilities 2015: $1,030,505Net Assets 2015: $5,313,6022015Assets 2016: $8,278,206Liabilities 2016: $1,040,104Net Assets 2016: $7,238,1022016Assets 2017: $8,830,492Liabilities 2017: $1,128,415Net Assets 2017: $7,702,0772017Assets 2018: $9,211,285Liabilities 2018: $1,312,215Net Assets 2018: $7,899,0702018Assets 2019: $9,149,548Liabilities 2019: $638,872Net Assets 2019: $8,510,6762019Assets 2020: $11,401,781Liabilities 2020: $1,097,452Net Assets 2020: $10,304,3292020Assets 2021: $13,065,237Liabilities 2021: $1,123,970Net Assets 2021: $11,941,2672021Assets 2022: $13,070,991Liabilities 2022: $1,001,527Net Assets 2022: $12,069,4642022Assets 2023: $14,836,987Liabilities 2023: $772,240Net Assets 2023: $14,064,7472023Assets 2024: $18,558,284Liabilities 2024: $1,264,334Net Assets 2024: $17,293,9502024

Highlighted filing

2024

Assets$18,558,284
Liabilities$1,264,334
Net Assets$17,293,950
Open 2024 Filing

Operations Trend

Revenue Growth14th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2011: $2,223,2692011Expenses 2012: $2,812,7852012Revenue 2013: $3,726,884Expenses 2013: $2,874,805Net Income 2013: $852,0792013Revenue 2014: $3,950,907Expenses 2014: $5,916,768Net Income 2014: -$1,965,8612014Revenue 2015: $4,887,042Expenses 2015: $3,744,573Net Income 2015: $1,142,4692015Revenue 2016: $4,227,599Expenses 2016: $2,462,486Net Income 2016: $1,765,1132016Revenue 2017: $4,342,920Expenses 2017: $3,838,945Net Income 2017: $503,9752017Revenue 2018: $4,692,751Expenses 2018: $4,495,759Net Income 2018: $196,9922018Revenue 2019: $7,462,766Expenses 2019: $7,222,891Net Income 2019: $239,8752019Revenue 2020: $5,334,007Expenses 2020: $4,030,956Net Income 2020: $1,303,0512020Revenue 2021: $5,731,586Expenses 2021: $3,997,298Net Income 2021: $1,734,2882021Revenue 2022: $4,963,663Expenses 2022: $3,450,243Net Income 2022: $1,513,4202022Revenue 2023: $5,475,760Expenses 2023: $4,051,098Net Income 2023: $1,424,6622023Revenue 2024: $5,128,452Expenses 2024: $4,001,689Net Income 2024: $1,126,7632024

Highlighted filing

2024

Revenue$5,128,452
Expenses$4,001,689
Net Income$1,126,763
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$18,558,284
Liabilities
$1,264,334
Net assets
$17,293,950
Revenue
$5,128,452
Expenses
$4,001,689
Net income
$1,126,763
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.6$1.26$17.3$5.13$4.00$1.13
2023Detailed filing. Detailed filing data is available for this year.$14.8$0.77$14.1$5.48$4.05$1.42
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.1$1.00$12.1$4.96$3.45$1.51
2021Detailed filing. Detailed filing data is available for this year.$13.1$1.12$11.9$5.73$4.00$1.73
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.4$1.10$10.3$5.33$4.03$1.30
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.15$0.64$8.51$7.46$7.22$0.24
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.21$1.31$7.90$4.69$4.50$0.20
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.83$1.13$7.70$4.34$3.84$0.50
2016Summary only. Only limited summary data is available for this year.$8.28$1.04$7.24$4.23$2.46$1.77
2015Summary only. Only limited summary data is available for this year.$6.34$1.03$5.31$4.89$3.74$1.14
2014Detailed filing. Detailed filing data is available for this year.$7.78$3.38$4.39$3.95$5.92$1.97
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.88$3.25$5.63$3.73$2.87$0.85
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.74$2.89$3.85$2.81
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.80$2.87$2.93$2.22
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 15, 2025
Return Version
2023v6.0
Gross Receipts
$5,128,452
Mission and Program Overview

Mission

The organization promotes the general welfare of its member hospitals and homes and establishes and maintains a basis for cooperation among its member hospitals and homes in field of collective barganing and personnel administration.

Promote the general welfare of its member hospitals & homes and establishes & maintains a basis for cooperation in field of collective bargaining & personnel administrat.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$9,493,038$14,320,854▲ $4,827,816
Savings and Temporary Cash Investments$3,230,176$1,198,498▼ $2,031,678
Accounts Receivable$491,358$539,991▲ $48,633
Cash and Non-Interest-Bearing Accounts$457,119$260,674▼ $196,445
Land, Buildings, and Equipment, Net$34,825$26,783▼ $8,042
Prepaid Expenses and Deferred Charges$10,725$10,725→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$14,836,987$18,558,284▲ $3,721,297
Other Assets Total$1,119,746$2,200,759▲ $1,081,013
Liabilities
Other Liabilities$565,226$870,386▲ $305,160
Accounts Payable and Accrued Expenses$93,473$222,800▲ $129,327
Escrow Account Liability$107,839$159,744▲ $51,905
Deferred Revenue$5,702$11,404▲ $5,702
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$772,240$1,264,334▲ $492,094
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$14,064,747$17,293,950▲ $3,229,203
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$14,064,747$17,293,950▲ $3,229,203
Total Liabilities and Net Assets / Fund Balance$14,836,987$18,558,284▲ $3,721,297

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,757$52,940$56,697
Leasehold Improvements$19,062$18,467$37,529
Equipment$3,964$18,646$22,610
Other Assets Org$398,013--
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Marc Z KramerPresidentFT$642,737$382,749$1,025,486
Jenna L HayesSenior Vice PresidentFT$190,415$53,606$244,021
Sean MooreAssistant Vice PresidentFT$146,275-$146,275

Board Members and Trustees

NameTitle
Steven Corwin MdChairman
Bruce J FlanzBoard Member
David WagnerBoard Member
Dr David PerlsteinBoard Member
Gary G TerrinoniBoard Member
Jeffrey I Farber MdBoard Member
Kenneth D GibbsBoard Member
Kenneth L Davis MdBoard Member
Laray BrownBoard Member
Micael N RosenblutBoard Member
Paul RosenfeldBoard Member
Philip O Ozuah Md PhdBoard Member
Robert GuimentoBoard Member
Ronald J CortiBoard Member
Sandra Scott MdBoard Member
Scott LarueBoard Member
Michael J DowlingSecretary
Joseph J LhotaTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Robert OliverConsulting Services538 CLINTON AVENUE 1, Brooklyn, NY 11238$356,854
Bond Schoeneck King LLCLegal Services600 3RD AVE 22ND FL, New York, NY 10016$216,531
Proskauer Rose LLPLegal Services11 TIMES SQUARE, New York, NY 10036$187,681
Risa Heller CommunicationPublic Relations233 BROADWAY, New York, NY 10279$164,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,525,145
Investment Income
$601,795
Other Revenue
$1,512
Change in Net Assets
$1,126,763

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,084,653
Revenue Not Reported on Financial Statements
$43,799
Revenue Not Reported on Form 990
$1,247,500
Total Revenue per Audited Statements
$6,332,153
Total Revenue per Form 990
$5,128,452
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,205,351
Other Expenses$1,796,338
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$1,457,083
Fees for Services Legal---$533,787
Pension Plan Contributions---$395,582
Fees for Services Other---$335,074
Occupancy---$242,445
Other Salaries and Wages---$230,300
Payroll Taxes---$82,616
Conferences and Meetings---$72,200
Fees for Services Accounting---$60,585
Insurance---$45,526
Fees for Service Investment Mgmnt Fees---$43,799
Information Technology---$39,886
Other Employee Benefits---$39,770
Travel---$22,567
Depreciation Depletion---$11,984
Office Expenses---$11,019
Other Expenses---$3,130
Total Functional Expenses$0$0$0$4,001,689

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,001,689
Expenses per Audited Statements$3,957,890
Total Expenses per Audited Statements$3,957,890
Expenses Not Reported on Financial Statements$43,799
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Post Retirement Benefit Liability$460,756
Lease Liabilities$409,630
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, SECTION A, LINE 6:

“The league represents employers of union workers. Member hospitals and homes are the members of the organization.”

FORM 990, PART VI, SECTION A, LINE 7A:

“The members of the organization have the power to elect or appoint members of the board of directors.”

FORM 990, PART VI, SECTION A, LINE 7B:

“The board of directors negotiates and proposes union contract terms which are then subject to the approval of the member employers.”

FORM 990, PART VI, SECTION B, LINE 11B:

“The board receives a copy of the audited financial statements and a copy of the form 990 after it is filed.”

FORM 990, PART VI, SECTION C, LINE 19:

“Financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
League of Voluntary Hospitals & Homes of Ny
EIN
13-2601380
In Care Of
% MARC KRAMER
Phone
2129568900
Address
555 WEST 57TH STREET, NEW YORK, NY 10019

Signing Officer

Name
Marc Kramer
Title
President
Phone
2129568900
Signed
2025-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marc Kramer
Formed
1967
Legal Domicile
Ny
Voting Board Members
18
Independent Board Members
18
Employees
5
Volunteers
18

Preparer

Firm
Withumsmithbrownpc
Address
4600 EAST WEST HWY 900, BETHESDA, MD 20814-3423
Preparer
Richard Ruvelson
Phone
3012726000
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“$854,940 postretirement adjustment”

FORM 990, PART XII, LINE 2C:

“There has been no change from the prior year in the organization's audit oversight or committee selection process.”

Financial Statement Notes

PART IV, LINE 2B:

“Explanation: deferred compensation - certain employees voluntarily defer payments of a portion of their compensation until termination of employment and the league has invested these amounts in various mutual funds, pooled separate accounts, bonds and fixed accounts administered by ing life insurance and annuity company and shareholder services group investments which are administered by ns capital llc. The investment addition during the year (line 1d) consisted primarily of unrealized gains and losses.”

PART X, LINE 2:

“The League is exempt from federal income tax under Section 501(c)(3) of the United States Internal Revenue Code and exempt from state income taxes under state law, and no provision for such income tax has been reflected in the accompanying financial statements. The League has evaluated uncertain tax positions with respect to its operations and concluded there are no such positions at September 30, 2024 and 2023. The League did not recognize any tax-related interest or penalties during the period presented in these financial statements.”

PART XI, LINE 2A - UNREALIZED GAIN:

“Investment return on deferred compensation funds $51,905.”

Raw XML AppendixShowing 400 of 628 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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