Childrens Medical Fund Of New York
- Assets
- $942.8k
- Revenue
- $872.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Syosset, NY
- Founding
- 08/1966
- Data as of
- 12/2021
- EIN
- 11-6076991
Organization Overview
Childrens Medical Fund Of New York is located in Syosset, NY. The organization was established in 1966. According to its NTEE Classification (E24) the organization is classified as: Specialty Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2021, Childrens Medical Fund Of New York employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Medical Fund Of New York 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, Childrens Medical Fund Of New York generated $872.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $522.2k 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
THE ORGANIZATION RAISES FUNDS TO SUPPORT THE PROGRAMS OF THE COHEN CHILDREN'S MEDICAL CENTER OF NEW YORK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHILD LIFE PROGRAM - THESE PROGRAM SERVICES CONSIST OF TRANSFERS OF FUNDS FROM THE ORGANIZATION TO BENEFIT PROGRAMS AT THE COHEN CHILDREN'S MEDICAL CENTER OF NY (CCMC) INCLUDING: SUPPORT FOR THE PEDIATRIC ER BUILDING, PROVIDE ENTERTAINMENT, GIFTS, THERAPEUTIC PLAY, INCLUDING THERAPEUTIC ART WORK FOR THE PEDIATRIC OUTPATIENT CHEMOTHERAPY UNIT TO PROVIDE DISTRACTION FOR THE PATIENTS AS THEY UNDERGO EXTENSIVE AND LENGTHY TREATMENTS. PROVIDE PATIENTS AND FAMILIES ACCESS TO SPECIALISTS TRAINED IN MULTI-DISCIPLINARY HEALTH CARE TEAMS TO LEARN TO COPE WITH THE STRESS OF HOSPITAL STAYS. PROVIDES THE SOLE FINANCIAL SUPPORT OF THE CHILDREN'S MEDICAL FUND CENTER FOR PEDIATRIC DIAGNOSTIC STUDIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Regina Segreti Executive Director | Officer | 40 | $133,291 |
Howard Tanney President | OfficerTrustee | 0.5 | $0 |
Mark Wolf Assistant Secretary | OfficerTrustee | 0.5 | $0 |
Michael A Kaufman ESQ Secretary | OfficerTrustee | 0.5 | $0 |
David Blumenfeld Chairman | OfficerTrustee | 5 | $0 |
Jonathan Feigenbaum Assistant Treasurer | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $510,811 |
| Related organizations | $0 |
| Government grants | $61,872 |
| All other contributions, gifts, grants, and similar amounts not included above | $230,971 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $803,654 |
| Total Program Service Revenue | $0 |
| Investment income | $1,169 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$25 |
| Net Income from Fundraising Events | $68,006 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $872,804 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $236,778 |
| 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. | $133,291 |
| Compensation of current officers, directors, key employees. | $17,327 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $16,312 |
| Pension plan accruals and contributions | $6,915 |
| Other employee benefits | $19,377 |
| Payroll taxes | $11,941 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $50 |
| Fees for services: Other | $2,583 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $3,879 |
| Royalties | $0 |
| Occupancy | $1,164 |
| Travel | $74 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $43,795 |
| Insurance | $7,328 |
| All other expenses | $618 |
| Total functional expenses | $522,209 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $307,360 |
| Savings and temporary cash investments | $162,993 |
| Pledges and grants receivable | $316,760 |
| Accounts receivable, net | $109,326 |
| 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 | $2,819 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $43,497 |
| Total assets | $942,755 |
| Accounts payable and accrued expenses | $21,147 |
| Grants payable | $1,145,714 |
| 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 | $0 |
| Total liabilities | $1,166,861 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | -$224,106 |
| 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 | $942,755 |
Grants Awarded
Over the last fiscal year, Childrens Medical Fund Of New York has awarded $236,523 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Westbury, NY PURPOSE: TO FUND CHILDLIFE PROGRAMS AND CENTER FOR PEDIATRIC IMAGING. | $186,523 |
Syosset, NY PURPOSE: GENERAL PURPOSE | $50,000 |
Grants Recieved
Over the last fiscal year, we have identified 15 grants that Childrens Medical Fund Of New York has recieved totaling $120,237.
| Awarding Organization | Amount |
|---|---|
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $32,850 |
John Albuerne Family Foundation Melville, NY PURPOSE: TO PROVIDE PROGRAMS THAT ARE VITAL TO THE NEEDS OF SERIOUSLY ILL CHILDREN AND THEIR FAMILIES | $30,000 |
Edward And Susan Blumenfeld Foundation Syosset, NY PURPOSE: TO SUPPORT PROGRAMS THAT ARE VITAL TO THE NEEDS OF SERIOUSLY ILL CHILDREN AND THEIR FAMILIES. | $10,000 |
Credit Union Miracle Day Committee Inc Washington, DC | | $10,000 |
Goldman Sachs Charitable Gift Fund New York, NY PURPOSE: COMMUNITY OUTREACH & ENRICHMENT PROGRAMS | $10,000 |
Katz Foundation Cherry Hill, NJ PURPOSE: CHARITABLE DONATION | $9,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Saint Marys Hospital For Children Inc Bayside, NY | $163,358,524 | $102,313,252 |
Blythedale Childrens Hospital Valhalla, NY | $271,989,720 | $102,411,458 |
Gaylord Hospital Inc Wallingford, CT | $128,915,259 | $93,864,811 |
Good Shepherd Rehabilitation Hosp Allentown, PA | $57,653,412 | $80,489,930 |
Fox Chase Cancer Center Medical Group Inc Philadelphia, PA | $37,947,929 | $82,329,773 |
Magee Rehabilitation Hospital Philadelphia, PA | $274,504,681 | $82,150,847 |
Franciscan Hospital For Children Inc Brighton, MA | $82,570,015 | $89,147,333 |
Sunnyview Hospital And Rehabilitation Center Schenectady, NY | $57,470,156 | $63,251,505 |
Magee-Womens Research Institute And Foundation Pittsburgh, PA | $105,422,061 | $58,233,606 |
Bacharach Institute For Rehabilitation Inc Pomona, NJ | $75,857,509 | $36,251,929 |
Pennsylvania Psychiatric Institute Harrisburg, PA | $10,777,137 | $42,493,217 |
Allied Services Institute Of Rehabilitation Medicine Clarks Summit, PA | $48,032,668 | $30,513,476 |