Centerlight Healthcare Inc

Organization Overview

Centerlight Healthcare Inc is located in Bronx, NY. The organization was established in 1992. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 12/2019, Centerlight Healthcare Inc employed 395 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Centerlight Healthcare Inc generated $335.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (12.9%) each year. All expenses for the organization totaled $376.6m during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (13.3%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

TO MANAGE AND ARRANGE FOR MEDICAL, SOCIAL, AND LONG-TERM SERVICES TO THE ELDERLY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CENTERLIGHT HEALTHCARE, INC. IS A LICENSED HOME CARE SERVICE AGENCY THAT ARRANGES FOR AND CONTRACTS WITH ENTITIES TO PROVIDE INNOVATIVE MEDICAL, SOCIAL, AND LONG-TERM CARE SERVICES FOR THE ELDERLY, INCLUDING HOME/DAY CARE, PRIMARY AND EMERGENCY CARE, NURSING, SOCIAL WORK AND THERAPY AS WELL AS TRANSPORTATION AND INPATIENT SERVICES. SEE PART IX FOR THE STATEMENT OF FUNCTIONAL EXPENSES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Zones
Info Technology Services
$976,569
Productive Programming Inc
Outsource Services/claims System
$2,257,958
Productive Processing Inc
Outsource Services/claims System
$964,379
Presidio Network
Professional Consulting Services
$855,431
Centers Healthcare
Food Services
$753,259
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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $754,526
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$754,526
Total Program Service Revenue$327,127,150
Investment income $451,265
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $4,000,000
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $335,121,890

Peer Organizations

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