Medisys Health Network Inc

Organization Overview

Medisys Health Network Inc is located in Jamaica, NY. The organization was established in 1996. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 12/2021, Medisys Health Network Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Medisys Health Network Inc 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, Medisys Health Network Inc generated $4.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $4.4m during the year ending 12/2021. While expenses have increased by 2.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT THE OPERATIONS OF THE JAMAICA HOSPITAL MEDICAL CENTER, FLUSHING HOSPITAL MEDICAL CENTER AND OTHER ORGANIZATIONS LISTED IN SCHEDULE R, PART II, WHICH ARE HOSPITALS TAX EXEMPT UNDER IRC SECTION 501(C)(3).

Describe the Organization's Program Activity:

Part 3 - Line 4a

MEDISYS HEALTH NETWORK PROVIDES SERVICES TO SUPPORT AND BENEFIT JAMAICA HOSPITAL MEDICAL CENTER, FLUSHING HOSPITAL MEDICAL CENTER AND IT'S RELATED HEALTHCARE ORGANIZATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Bruce Flanz
President & CEO
$953,550
Mounir Doss
Executive VP & CFO
$594,274
Anthony Dimaria MD
Secretary
$0
Geoffrey Doughlin MD
Third Vice Chairman
$0
Joseph Ferrara
Assistant Treasurer
$0
Neil Foster Phillips
Chairman
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Epic Systems Corporation
Computer
$3,220,415
Manatt Phelps & Phillips Llp
Legal
$1,660,327
Hitachi Vantara Credit Corp
Computer
$1,175,034
Workday Inc
Computer
$897,970
Lanstatus Llc
Computer
$878,107
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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$3,769,994
Investment income $155,557
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 $4,565,672

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Medisys Health Network Inc has recieved totaling $184,994.

Awarding OrganizationAmount
Greater New York Hospital Foundation Inc

New York, NY

PURPOSE: COVID SUPPORT

$173,494
Somos Healthcare Providers Inc

Bronx, NY

PURPOSE: MEDISYS CLASSIC 2021

$11,500
View Grant Recipient Profile

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