Downtown Bronx Medical Associates Pc
- Assets
- $12.3m
- Revenue
- $27.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Bronx, NY
- Founding
- 10/2001
- Data as of
- 06/2021
- EIN
- 06-1578286
Organization Overview
Downtown Bronx Medical Associates Pc is located in Bronx, NY. The organization was established in 2001. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downtown Bronx Medical Associates 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 06/2021, Downtown Bronx Medical Associates Pc generated $27.3m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $24.4m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 6 years. 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
OUR MISSION IS TO BE THE CLINICAL SERVICE PROVIDER AT LINCOLN MEDICAL HEALTH CENTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FACULTY PRACTICE PLAN - PRIVATE INSURANCE AND SELF PAY PATIENT REVENUE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shefali Khanna MD Secretary | OfficerTrustee | 0 | $0 |
Amy Hoffman MD President | OfficerTrustee | 0 | $0 |
Sherry Melton MD Director | Trustee | 0 | $0 |
Dimitris Giannaris MD Director | Trustee | 0 | $0 |
Riyad Basir MD Director | Trustee | 0 | $0 |
Sarwat Amer MD Director | Trustee | 0 | $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 | $914,775 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $914,775 |
| Total Program Service Revenue | $26,399,964 |
| 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 | $27,318,497 |
| 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 | $11,681 |
| Fees for services: Accounting | $15,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $40,867 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $901 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $67,597 |
| Total functional expenses | $24,428,808 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,818,536 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,467,794 |
| 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 | $0 |
| 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 | $12,286,330 |
| Accounts payable and accrued expenses | $29,971 |
| 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 | $4,763,724 |
| Total liabilities | $4,793,695 |
| Net assets without donor restrictions | $4,542,738 |
| Net assets with donor restrictions | $2,949,897 |
| 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 | $12,286,330 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Downtown Bronx Medical Associates Pc has recieved totaling $6,050.
| Awarding Organization | Amount |
|---|---|
New York Metropolitan Reference & Research Library Agency New York, NY PURPOSE: SEE PART IV | $6,050 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Amboy Medical Practice Pc Staten Island, NY | $10,020,483 | $37,058,255 |
Bristol Hospital Multi-Specialty Group Bristol, CT | $6,063,010 | $37,683,739 |
Northeast Medical Practice Inc Beverly, MA | $9,391,030 | $29,044,634 |
Community Health Centers Of The Rutland Region Inc Bomoseen, VT | $43,165,841 | $55,593,071 |
Long Island Fqhc Inc Westbury, NY | $46,576,188 | $51,525,034 |
Great Lakes Physician Practice Pc Pittsburgh, PA | $14,269,559 | $33,003,744 |
Geisinger Community Health Services Danville, PA | $22,899,957 | $44,522,143 |
Arnot Medical Services Pllc Elmira, NY | $3,393,991 | $26,825,153 |
Indiana Healthcare Physician Services Inc Indiana, PA | $5,430,202 | $29,710,547 |
Wyckoff Professional Medical Services Pc Brooklyn, NY | $1,488,136 | $20,377,110 |
Harbor View Medical Services Pc Westbury, NY | $10,679,864 | $25,469,057 |
Damian Family Care Centers Inc Jamaica, NY | $14,422,707 | $34,630,881 |