North Bronx Faculty Practice Corporation
- Assets
- $11.3m
- Revenue
- $16.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Bronx, NY
- Founding
- 04/2002
- Data as of
- 06/2021
- EIN
- 13-4169311
Organization Overview
North Bronx Faculty Practice Corporation is located in Bronx, NY. The organization was established in 2002. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Bronx Faculty Practice Corporation 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 06/2021, North Bronx Faculty Practice Corporation generated $16.5m in total revenue. All expenses for the organization totaled $8.4m during the year ending 06/2021. While expenses have increased by 73.6% per year over the past 6 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
TO PROVIDE MEDICAL SERVICES AT JACOBI MEDICAL CENTER AND NORTH CENTRAL BRONX HOSPITAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NORTH BRONX FACULTY PRACTICE CORPORATION PROVIDES MEDICAL SERVICES AT JACOBI MEDICAL CENTER AND NORTH CENTRAL BRONX HOSPITAL.
RESEARCH FUND
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Blumberg MD President | OfficerTrustee | 0.46 | $0 |
Peter Kim MD Vice President | OfficerTrustee | 0.46 | $0 |
Orlando Ortiz MD Director | Trustee | 0.46 | $0 |
Daryl Wieland MD Director | Trustee | 0.46 | $0 |
Robert Faillace MD Director | Trustee | 0.46 | $0 |
Jeremy Sperling MD Director | Trustee | 0.46 | $0 |
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 | $16,503,783 |
| 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 | $16,503,783 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $707,844 |
| Advertising and promotion | -$896 |
| Office expenses | $18,105 |
| Information technology | $666 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,463 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,812 |
| Interest | $4,395 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $8,369,040 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,333,584 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $7,471 |
| 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 | $11,341,055 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $11,341,055 |
| 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 | $11,341,055 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Schenectady Family Health Services Inc Schenectady, NY | $19,045,497 | $22,478,656 |
Service Employees International Union Harrisburg, PA | $14,538,345 | $18,771,689 |
Clifford W Beers Guidance Clinic Incorporated New Haven, CT | $9,137,010 | $18,265,945 |
Bob Woodruff Family Foundation Inc New York, NY | $14,267,455 | $13,208,242 |
Hospice & Palliative Care Buffalo Inc Cheektowaga, NY | $16,859,718 | $13,710,188 |
Independence Care System Inc Brooklyn, NY | $10,653,055 | $18,543,015 |
Monmouth Medical Center Faculty Practice Plan Inc Oceanport, NJ | $1,624,084 | $5,288,901 |
Service Employees International Union Hartford, CT | $21,649,035 | $16,938,166 |
Bridging Access To Care Inc Brooklyn, NY | $3,861,592 | $15,321,105 |
Committee Of Interns & Residents Long Island City, NY | $15,857,435 | $14,995,112 |
Central Jersey Family Health Consortium Inc North Brunswick, NJ | $3,919,804 | $12,746,145 |
Clara Martin Center Inc Randolph, VT | $9,599,904 | $14,620,066 |