Long Beach Medical Center
- Assets
- $359.9k
- Revenue
- $1.3k
- Investments
- $0.0
- Employees
- 63
- Location
- Great Neck, NY
- Founding
- 12/1948
- Data as of
- 12/2023
- EIN
- 11-1635084
Organization Overview
Long Beach Medical Center is located in Great Neck, NY. The organization was established in 1948. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2023, Long Beach Medical Center employed 63 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Long Beach Medical Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Long Beach Medical Center generated $1.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (53.7%) each year. All expenses for the organization totaled $179.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PRIOR TO HURRICANE SANDY IN OCTOBER 2012, LONG BEACH MEDICAL CENTER WAS A 162 BED HOSPITAL WITH A RANGE OF SERVICES INCLUDING ROUTINE FAMILY HEALTH CARE, EMERGENCY SERVICES, MEDICAL SURGICAL SERVICES, AND EXTENSIVE REHABILITATION FACILITIES. FOLLOWING HURRICANE SANDY, LONG BEACH MEDICAL CENTER DISCONTINUED INPATIENT SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOLLOWING HURRICANE SANDY IN OCTOBER 2012, LONG BEACH MEDICAL CENTER CEASED PROVIDING INPATIENT SERVICES AND OUTPATIENT SERVICES. THE BANKRUPTCY COURT HAS CONFIRMED A PLAN OF LIQUIDATION UNDER CHAPTER 11 OF THE BANKRUPTCY CODE. THE EFFECTIVE DATE OF THE PLAN IS OCTOBER 3, 2017.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas Melzer CEO Thru October 2017 | OfficerTrustee | 0.5 | $301 |
Bernard Kennedy Chairman Thru October 2017 | OfficerTrustee | 0.5 | $0 |
James Portnoff Vice Chairman Thru October 2017 | OfficerTrustee | 0.5 | $0 |
Ronald Conklin Vice President Thru October 2017 | OfficerTrustee | 0.5 | $0 |
Theodore Hommel Vice President Thru October 2017 | OfficerTrustee | 0.5 | $0 |
Martin Kaminsky Secretary Thru October 2017 | OfficerTrustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
North Star Recovery Services Inc Demolition Contractor | 12/30/18 | $1,901,783 |
David M Shapiro Disaster Planning & Reco Recovery Management | 12/30/18 | $331,991 |
Park East Construction Construction Contractor | 12/30/18 | $186,317 |
Roland's Electric Inc Electrical Contractor | 12/30/18 | $166,478 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $1 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,343 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $30,478 |
| Compensation of current officers, directors, key employees. | $30,478 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $106,005 |
| Fees for services: Accounting | $21,760 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,836 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,597 |
| All other expenses | $14,027 |
| Total functional expenses | $179,703 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $359,940 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $359,940 |
| Accounts payable and accrued expenses | $17,862,690 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,458,115 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $52,564,912 |
| Total liabilities | $71,885,717 |
| Net assets without donor restrictions | -$71,525,777 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $359,940 |