Wyckoff Professional Medical Services Pc
- Assets
- $1.5m
- Revenue
- $20.4m
- Investments
- $0.0
- Employees
- 144
- Location
- Brooklyn, NY
- Founding
- 12/2002
- Data as of
- 12/2021
- EIN
- 11-3437602
Organization Overview
Wyckoff Professional Medical Services Pc is located in Brooklyn, NY. The organization was established in 2002. According to its NTEE Classification (E30) the organization is classified as: Ambulatory & Primary Health Care, under the broad grouping of Health Care and related organizations. As of 12/2021, Wyckoff Professional Medical Services Pc employed 144 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wyckoff Professional Medical Services Pc 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, Wyckoff Professional Medical Services Pc generated $20.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.8% each year . All expenses for the organization totaled $37.0m during the year ending 12/2021. 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
TO SUPPORT WYCKOFF HEIGHTS MEDICAL CENTER'S MISSION OF PROVIDING EXCELLENCE IN CARE THROUGH PREVENTION, EDUCATION, AND TREATMENT IN A SAFE ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT WYCKOFF HEIGHTS MEDICAL CENTER BY PROVIDING MEDICAL SERVICES TO PATIENTS IN A SAFE ENVIRONMENT. WYCKOFF PROFESSIONAL MEDICAL SERVICES, P.C. PROVIDES CLINICAL SERVICES FOR THE FOLLOWING SPECIALTIES: OB/GYN, INTERNAL MEDICINE, GASTROENTEROLOGY ENDOCRINE, SURGERY, PEDIATRICS AND NEUROSURGERY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leaque Ahmed Department Chairman | Officer | 35 | $1,318,744 |
Paritosh Suman Physician | 35 | $687,216 | |
Steven Smith Director | 35 | $669,281 | |
Gennadily Kvetnyy Physician | 35 | $663,126 | |
Shahzad Iqbal Director | 35 | $636,440 | |
Daniel Faustin Director | 35 | $632,807 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
J S Stark Billing Consulting Billing Services | 12/30/21 | $1,101,678 |
Harooni Sheindlin Md Pc Medical Services | 12/30/21 | $333,380 |
Locum Tenenscom Temp Agency | 12/30/21 | $308,730 |
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 | $9,676,344 |
| Investment income | $0 |
| 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 | $20,377,110 |
| 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. | $2,888,361 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $24,577,301 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $317,341 |
| Payroll taxes | $1,310,012 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $746,552 |
| Advertising and promotion | $0 |
| Office expenses | $17,665 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $31,171 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,590 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,013,560 |
| All other expenses | $0 |
| Total functional expenses | $36,988,628 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $335,019 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $33,194 |
| 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 | $1,119,923 |
| 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 | $1,488,136 |
| Accounts payable and accrued expenses | $5,428,124 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $49,174,361 |
| Total liabilities | $54,602,485 |
| Net assets without donor restrictions | -$53,114,349 |
| 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 | $1,488,136 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fenway Community Health Center Inc Boston, MA | $98,106,829 | $102,495,347 |
Lawrence Medical Associates Pc Bronxville, NY | $43,959,801 | $93,174,617 |
South Shore Medical Center Norwell, MA | $68,415,013 | $83,043,739 |
Carnegie Cardiovascular Pc Westbury, NY | $1,096,228 | $75,454,558 |
Pinnacle Health Regional Physicians Harrisburg, PA | $6,138,085 | $78,224,269 |
Covenant Health Inc Tewksbury, MA | $176,504,110 | $66,693,555 |
Trinity Medical Wny Pc Buffalo, NY | $24,179,434 | $52,294,640 |
Jfk Medical Associates Pa Edison, NJ | $9,222,592 | $65,526,016 |
Crouse Medical Practice Pllc Syracuse, NY | $6,246,472 | $39,486,299 |
Princeton Healthcare Affiliated Physicians Pc Plainsboro, NJ | $4,748,844 | $53,586,457 |
Charles B Wang Community Health Center Inc New York, NY | $110,483,270 | $118,467,923 |
Brooklyn Ambulatory Care Pc Westbury, NY | $0 | $53,362,368 |