FUNDS ARE TO BE USED TO RUNOFF BOTH LICH'S MEDICAL MALPRACTICE AND GENERAL LIABILITY CASES INCURRED DURING THE PERIOD OF JULY 1, 2004 THROUGH MAY 29, 2011, AT WHICH DATE LICH CONVEYED ITS ASSETS TO SUNY DOWNSTATE PURSUANT TO COURT APPROVAL.
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at Health Care organizations in New York.
| Position | Total |
|---|---|
Trustee Board Member Median to 75th percentile | $125k |
Top pay as a share of expenses
In 2024, the highest total compensation at THE LONG ISLAND COLLEGE HOSPITAL MALPRACTICE TRUST equaled 41% of the organization's total expenses. The median for health care organizations is 4%.
Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.
Held steady
from 2023
From $125k in 2023 to $125k in 2024.
Board Member pay held roughly steady from 2023 to 2024, while revenue rose 37%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about THE LONG ISLAND COLLEGE HOSPITAL MALPRACTICE TRUST
What does the Board Member of THE LONG ISLAND COLLEGE HOSPITAL MALPRACTICE TRUST earn?
In 2024, the Board Member of THE LONG ISLAND COLLEGE HOSPITAL MALPRACTICE TRUST received $125,000 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Health Care organizations in New York, within the top half of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at THE LONG ISLAND COLLEGE HOSPITAL MALPRACTICE TRUST compare with similar nonprofits?
Compared with the same role at Health Care organizations in New York, the 2024 pay of the Board Member at THE LONG ISLAND COLLEGE HOSPITAL MALPRACTICE TRUST falls between the median and the 75th percentile. In 2024, the highest total compensation at THE LONG ISLAND COLLEGE HOSPITAL MALPRACTICE TRUST equaled 41% of the organization's total expenses. The median for health care organizations is 4%.
What are THE LONG ISLAND COLLEGE HOSPITAL MALPRACTICE TRUST's revenue and expenses?
In 2024, THE LONG ISLAND COLLEGE HOSPITAL MALPRACTICE TRUST reported $1.2M in total revenue and $304k in total expenses on its IRS Form 990.
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