New York Community Hospital Of Brooklyn Inc
- Assets
- $82.3m
- Revenue
- $119.6m
- Investments
- $0.0
- Employees
- 891
- Location
- Brooklyn, NY
- Founding
- 07/1947
- Data as of
- 12/2022
- EIN
- 11-1986351
Organization Overview
New York Community Hospital Of Brooklyn Inc, operating under the name Maimonides Midwood Community Hospita, is located in Brooklyn, NY. The organization was established in 1947. 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 12/2022, Maimonides Midwood Community Hospita employed 891 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maimonides Midwood Community Hospita 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 12/2022, Maimonides Midwood Community Hospita generated $119.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $130.3m during the year ending 12/2022. While expenses have increased by 3.6% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
MAIMONIDES MIDWOOD COMMUNITY HOSPITAL IS COMMITTED TO PROVIDING QUALITY CARE WITH COMPASSION AND DIGNITY TO ALL PATIENTS AND TO THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAIMONIDES MIDWOOD COMMUNITY HOSPITAL (MMCH) IS A VOLUNTARY, NOT FOR PROFIT COMMUNITY HOSPITAL SERVING THE PATIENT COMMUNITY OF BROOKLYN, NY. IT IS ORGANIZED AS A 501(C)(3) CORPORATION. MMCH PROVIDES NEEDED MEDICAL CARE REGARDLESS OF AN INDIVIDUAL'S ABILITY TO PAY. SERVICES INCLUDE INPATIENT, ANCILLARY AND OUTPATIENT CARE IN KEEPING WITH THE HOSPITAL'S MISSION STATEMENT. DURING 2022, MMCH SERVICED APPROXIMATLY 5,900 INPATIENTS, PROVIDING APPROXIMATLY 35,600 PATIENT DAYS. THE EMERGENCY ROOM HAD APPROXIMATLY 23,000 VISITS AND AMBULATORY SURGERY HAD APPROXIMATLY 3,900 VISITS. MONOCOLONIAL ANTIBODY TREATMENTS WERE ADMINISTERED FOR THOSE THAT QUALIFIED. SEE SCHEDULE H FOR INFORMATION ON CHARITY CARE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ralph Madeb Co-Chief Medical Officer | Officer | 60 | $1,850,920 |
Kenneth Gibbs President And CEO | OfficerTrustee | 2.5 | $0 |
Michael Antoniades Evp & COO (through 10/22) | Officer | 2.5 | $0 |
Laurie Weinstein Assistant Secretary | Officer | 2.5 | $0 |
Harry Adler MD Med Staff Pres (through 6/22) | Trustee | 1 | $0 |
John Mallia Evp & CFO (through 3/22) | Officer | 2.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Forvis Accounting | 12/30/22 | $278,372 |
Denshels Llc Building Contractor | 12/30/22 | $1,235,907 |
Gateway Dialysis Center Dialysis Services | 12/30/22 | $799,910 |
United Nyc Medical Associates Llc Anesthesiologists | 12/30/22 | $1,380,801 |
Brooklyn Diagnostic Imaging Radiology Services | 12/30/22 | $402,612 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $137,200 |
| Related organizations | $0 |
| Government grants | $200,000 |
| 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 | $337,200 |
| Total Program Service Revenue | $117,742,952 |
| Investment income | $411,622 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$30,055 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $119,632,484 |
| 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. | $4,536,690 |
| Compensation of current officers, directors, key employees. | $4,536,690 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $58,426,842 |
| Pension plan accruals and contributions | $5,859,090 |
| Other employee benefits | $12,250,822 |
| Payroll taxes | $4,514,215 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $125,042 |
| Fees for services: Accounting | $255,232 |
| Fees for services: Lobbying | $35,160 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,261,602 |
| Advertising and promotion | $4,250 |
| Office expenses | $2,037,603 |
| Information technology | $204,288 |
| Royalties | $0 |
| Occupancy | $1,667,040 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $285,810 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,295,870 |
| Insurance | $2,319,687 |
| All other expenses | $0 |
| Total functional expenses | $130,317,548 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $793,261 |
| Savings and temporary cash investments | $15,418,030 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $15,657,111 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,610,638 |
| Prepaid expenses and deferred charges | $485,009 |
| Net Land, buildings, and equipment | $39,558,273 |
| Investments—publicly traded securities | $3,652,291 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,085,444 |
| Total assets | $82,260,057 |
| Accounts payable and accrued expenses | $23,181,385 |
| 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 | $18,462,594 |
| Total liabilities | $41,643,979 |
| Net assets without donor restrictions | $40,616,078 |
| 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 | $82,260,057 |