Jamaica Hospital Medical Center
- Assets
- $292.8m
- Revenue
- $710.1m
- Investments
- $33.2m
- Employees
- 4,220
- Location
- Jamaica, NY
- Founding
- 10/1934
- Data as of
- 12/2021
- EIN
- 11-1631788
Organization Overview
Jamaica Hospital Medical Center is located in Jamaica, NY. The organization was established in 1934. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2021, Jamaica Hospital Medical Center employed 4,220 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jamaica Hospital Medical Center 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, Jamaica Hospital Medical Center generated $710.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $661.3m during the year ending 12/2021. While expenses have increased by 4.1% per year over the past 7 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
THE JAMAICA HOSPITAL IS AN ACUTE CARE FACILITY SERVING THE PUBLIC. THE HOSPITAL PROVIDES CARE TO PATIENTS WHO MEET CERTAIN CRITERIA UNDER ITS CHARITY CARE POLICY WITHOUT CHARGE OR AT REDUCED RATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
JAMAICA HOSPITAL IS A 408-BEDS INCLUDING BASSINETS, FULLY ACCREDITED COMMUNITY TEACHING HOSPITAL WITH A LARGE NETWORK OF COMMUNITY-BASED AMBULATORY CARE CENTERS. JHMC OFFERS A FULL ARRAY OF ACUTE INPATIENT REHABILITATION AND MENTAL HEALTH SERVICES, THE LARGEST VOLUNTARY HOSPITAL AMBULANCE FLEET SERVING THE CITY'S 911 SYSTEM AND A LEVEL 1 TRAUMA CENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Flanz President & CEO | Officer | 30 | $1,128,283 |
Mounir Doss Exec. VP & CFO | Officer | 30 | $861,869 |
Sabiha Raoof Chairperson Radiology & Cmo | Officer | 40 | $861,411 |
William Lynch Exec. VP & COO | Officer | 40 | $650,596 |
Sami Boshut Chief Information Officer | 40 | $617,926 | |
Scott Trepeta Radiologist | 40 | $612,252 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Martin Clearwater & Bell Legal Services | 12/30/21 | $1,996,163 |
Sodexo Management/food Services | 12/30/21 | $3,682,472 |
Fdr Services Corp Of New York Laundry Services | 12/30/21 | $1,380,996 |
Quest Diagnostics Lab Services | 12/30/21 | $1,173,771 |
Aramark Management Services Housekeeping For Building And Apparel Se | 12/30/21 | $941,064 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $55,353 |
| Related organizations | $0 |
| Government grants | $157,987,415 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,452,071 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $160,494,839 |
| Total Program Service Revenue | $518,890,839 |
| Investment income | $427,439 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $10,280 |
| Net Gain/Loss on Asset Sales | -$202,406 |
| Net Income from Fundraising Events | -$1,971 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $710,077,311 |
| 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. | $4,291,637 |
| Compensation of current officers, directors, key employees. | $469,241 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $316,596,492 |
| Pension plan accruals and contributions | $24,556,643 |
| Other employee benefits | $60,836,637 |
| Payroll taxes | $28,618,142 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,393,421 |
| Fees for services: Accounting | $500,875 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $68,393,672 |
| Advertising and promotion | $202,147 |
| Office expenses | $1,191,832 |
| Information technology | $7,001,210 |
| Royalties | $0 |
| Occupancy | $7,712,937 |
| Travel | $75,694 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,036,019 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,776,235 |
| Insurance | $13,406,309 |
| All other expenses | $26,996,877 |
| Total functional expenses | $661,336,583 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,370,031 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $83,142,001 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $10,887,392 |
| Prepaid expenses and deferred charges | $2,236,080 |
| Net Land, buildings, and equipment | $56,708,614 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $33,238,363 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $83,223,983 |
| Total assets | $292,806,464 |
| Accounts payable and accrued expenses | $83,108,133 |
| Grants payable | $0 |
| Deferred revenue | $2,751,928 |
| 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 | $42,356,268 |
| Other liabilities | $150,048,735 |
| Total liabilities | $278,265,064 |
| Net assets without donor restrictions | $14,541,400 |
| 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 | $292,806,464 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Jamaica Hospital Medical Center has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $15,000 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lahey Clinic Hospital Inc Burlington, MA | $439,333,881 | $1,036,261,688 |
Presbyterian Medical Center Of The University Of Pennsylvania Health Philadelphia, PA | $864,132,692 | $1,007,924,819 |
Newyork-Presbyterian-Queens Flushing, NY | $898,800,022 | $913,594,490 |
New York-Presbyterian Brooklyn Methodist Brooklyn, NY | $1,733,884,296 | $932,635,722 |
Abington Memorial Hospital Philadelphia, PA | $948,017,930 | $858,404,541 |
Englewood Hospital And Medical Center A New Jersey Nonprofit Corp Englewood, NJ | $770,563,796 | $890,451,423 |
Saint Francis Hospital And Medical Center Hartford, CT | $1,654,893,576 | $997,837,414 |
Inspira Medical Centers Inc Bridgeton, NJ | $1,997,035,403 | $960,599,521 |
Valley Hospital Inc Ridgewood, NJ | $2,214,086,950 | $1,000,529,103 |
St Francis Hospital Roslyn, NY | $1,505,143,319 | $834,224,682 |
Virtu-West Jersey Health System Inc Marlton, NJ | $2,706,789,713 | $1,000,808,483 |
Bronxcare Health System Bronx, NY | $743,333,524 | $835,076,495 |