New York Community Hospital Of Brooklyn Inc
- Assets
- $101.7m
- Revenue
- $143.7m
- Investments
- $0.0
- Employees
- 878
- Location
- Brooklyn, NY
- Founding
- 07/1947
- Data as of
- 12/2021
- EIN
- 11-1986351
Organization Overview
New York Community Hospital Of Brooklyn Inc, operating under the name maimonides midwood community hospita, is located in Brooklyn, NY. The organization was established in 1947. 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 12/2021, maimonides midwood community hospita employed 878 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. maimonides midwood community hospita 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 12/2021, maimonides midwood community hospita generated $143.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $136.9m during the year ending 12/2021. While expenses have increased by 4.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
NEW YORK COMMUNITY HOSPITAL IS COMMITTED TO PROVIDING QUALITY CARE WITH COMPASSION AND DIGNITY TO ALL PATIENTS AND TO THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NEW YORK COMMUNITY HOSPITAL OF BROOKLYN, INC. (NYCH) IS A VOLUNTARY, NOT FOR PROFIT COMMUNITY HOSPITAL SERVING THE PATIENT COMMUNITY OF BROOKLYN, NY. IT IS ORGANIZED AS A 501(C)(3) CORPORATION. NYCH PROVIDES NEEDED MEDICAL CARE REGARDLESS OF AN INDIVIDUAL'S ABILITY TO PAY. SERVICES INCLUDE INPATIENT, ANCILLARY AND OUTPATIENT CARE IN KEEPING WITH THE HOSPITAL'S MISSION STATEMENT. DURING 2021, NYCH SERVICED OVER 6,100 INPATIENTS, PROVIDING APPROXIMATLY 36,500 PATIENT DAYS. THE EMERGENCY ROOM HAD APPROXIMATLY 26,300 VISITS AND AMBULATORY SURGERY HAD OVER 4,100 VISITS. IN ADDITION, 13,600 COVID PCR TESTS WERE PERFORMED AND MONOCOLONIAL ANTIBODY TREATMENTS WERE ADMINISTERED FOR THOSE THAT QUALIFIED. SEE SCHEDULE H FOR INFORMATION ON CHARITY CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ralph Madeb Co-Chief Medical Officer | 60 | $803,077 | |
Barry Stern President & CEO | OfficerTrustee | 57.5 | $547,205 |
Samir Farhat Physician | 35 | $377,509 | |
Edwin Ko Medical Director Of Pathology | 35 | $355,449 | |
Dzheymz Lashkin Surgeon | 35 | $352,493 | |
Annada Das Physician | 35 | $347,185 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Aya Healthcare Nursing Services | 12/30/21 | $1,228,857 |
Denshels Llc Building Contractor | 12/30/21 | $1,022,347 |
Brooklyn Diagnostic Imaging Radiology Services | 12/30/21 | $384,536 |
Gateway Dialysis Center Dialysis Services | 12/30/21 | $737,230 |
United Nyc Medical Associates Llc Anesthesiologists | 12/30/21 | $596,546 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $194,960 |
| Related organizations | $11,275 |
| Government grants | $24,426,675 |
| All other contributions, gifts, grants, and similar amounts not included above | $167,285 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,800,195 |
| Total Program Service Revenue | $117,052,751 |
| Investment income | $641,437 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $312 |
| Net Income from Fundraising Events | -$40,285 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $143,740,583 |
| 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. | $1,941,307 |
| Compensation of current officers, directors, key employees. | $1,941,307 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $59,023,261 |
| Pension plan accruals and contributions | $6,553,808 |
| Other employee benefits | $11,879,324 |
| Payroll taxes | $4,280,343 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,477,073 |
| Fees for services: Accounting | $174,544 |
| Fees for services: Lobbying | $19,215 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,724,516 |
| Advertising and promotion | $0 |
| Office expenses | $5,908,625 |
| Information technology | $253,158 |
| Royalties | $0 |
| Occupancy | $1,778,096 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $70,714 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,949,656 |
| Insurance | $1,398,017 |
| All other expenses | $0 |
| Total functional expenses | $136,947,075 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,937,839 |
| Savings and temporary cash investments | $22,569,187 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,734,107 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,596,117 |
| Prepaid expenses and deferred charges | $2,277,960 |
| Net Land, buildings, and equipment | $31,914,768 |
| Investments—publicly traded securities | $4,602,131 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,064,559 |
| Total assets | $101,696,668 |
| Accounts payable and accrued expenses | $29,181,486 |
| Grants payable | $0 |
| Deferred revenue | $13,693,893 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $20,930,974 |
| Total liabilities | $63,806,353 |
| Net assets without donor restrictions | $37,890,315 |
| 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 | $101,696,668 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that New York Community Hospital Of Brooklyn Inc has recieved totaling $99,320.
| Awarding Organization | Amount |
|---|---|
Greater New York Hospital Foundation Inc New York, NY PURPOSE: COVID SUPPORT | $90,395 |
Maimonides Medical Center- Brooklyn, NY PURPOSE: GENERAL SUPPORT | $8,925 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lahey Clinic Hospital Inc Burlington, MA | $439,333,881 | $1,036,261,688 |
Presbyterian Medical Center Of The University Of Pennsylvania Health Philadelphia, PA | $864,132,692 | $1,007,924,819 |
Newyork-Presbyterian-Queens Flushing, NY | $898,800,022 | $913,594,490 |
New York-Presbyterian Brooklyn Methodist Brooklyn, NY | $1,733,884,296 | $932,635,722 |
Abington Memorial Hospital Philadelphia, PA | $948,017,930 | $858,404,541 |
Englewood Hospital And Medical Center A New Jersey Nonprofit Corp Englewood, NJ | $770,563,796 | $890,451,423 |
Saint Francis Hospital And Medical Center Hartford, CT | $1,654,893,576 | $997,837,414 |
Inspira Medical Centers Inc Bridgeton, NJ | $1,997,035,403 | $960,599,521 |
Valley Hospital Inc Ridgewood, NJ | $2,214,086,950 | $1,000,529,103 |
St Francis Hospital Roslyn, NY | $1,505,143,319 | $834,224,682 |
Virtu-West Jersey Health System Inc Marlton, NJ | $2,706,789,713 | $1,000,808,483 |
Bronxcare Health System Bronx, NY | $743,333,524 | $835,076,495 |