The Health Science Center At

Organization Overview

The Health Science Center At is located in Brooklyn, NY. The organization was established in 1977. As of 07/2023, Health Science Center At employed 3,352 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Health Science Center At 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 07/2023, Health Science Center At generated $280.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 46.9% each year . All expenses for the organization totaled $285.1m during the year ending 07/2023. While expenses have increased by 39.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO ESTABLISH, OPERATE, MANAGE, PROMOTE, AND CULTIVATE EDUCATIONAL RELATED ACTIVITIES FOR THE STUDENTS AND FACULTY OF THE SUNY DOWNSTATE HEALTH SCIENCES UNIVERSITY AND TO AID THE STUDENTS, FACULTY, AND ADMINSTRATION. IN ADDITION, TO UPGRADE AND EXPAND THE FACILITIES TO ADVANCE THE INSTITUTION'S MISSION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN JANUARY 2011, THE ORGANIZATION FORMED STAFFCO OF BROOKLYN, LLC (STAFFCO), A PROFESSIONAL EMPLOYER ORGANIZATION TO THE STATE UNIVERSITY OF NEW YORK DOWNSTATE HEALTH SCIENCES UNIVERSITY (SUNY DHSU). IN APRIL 2017 AND JANUARY 2018, TWO ADDITIONAL STAFFCO ENTITIES WERE ADDED - STAFFCO SOUTHAMPTON AND STAFFCO EASTERN LONG ISLAND, RESPECTIVELY. IN JUNE 2022, STAFFCO CPMP WAS ADDED. FOR TAX PURPOSES, ALL STAFFCO ENTITIES ARE TREATED AS DISREGARDED ENTITIES OF THE HEALTH SCIENCE CENTER AT BROOKLYN FOUNDATION, INC.


SCHOLARSHIPS AND GRANTS


THE HSCB FOUNDATION SUPPORTS THE RECRUITMENT OF ADMINSTRATIVE POSITIONS AT DOWNSTATE HEALTH SCIENCES UNIVERSITY. IN ADDITION, CONSULTING SERVICES INCLUDING PUBLIC RELATIONS, ADVICE ON FUNDRAISING, STUDENT PSYCHOLOGICAL EVALUATIONS, ORGANIZATIONAL IMPROVEMENTS, AND LEGAL SERVICES ARE PROVIDED BY THE FOUNDATION. THE ORGANIZATION ALSO OPERATES RENTAL PROPERTIES.


THE HEALTH SCIENCE CENTER AT BROOKLYN FOUNDATION HOLDS SEVERAL MEDICAL AND SCIENTIFIC SYMPOSIUMS AND CONFERENCES ON CAMPUS. THESE CONFERENCES ARE OPEN TO THE PUBLIC AS WELL AS TO MEMBERS OF THE MEDICAL AND SCIENTIFIC COMMUNITY. IN ADDITION, THE FOUNDATION PROVIDES SUPPORT TO THE FACULTY THAT ARE INVITED AS SPEAKERS FOR SYMPOSIUMS AND CONFERENCES THAT ARE HELD OFF-CAMPUS AND FOR PROFESSIONAL MEETINGS. THE FOUNDATION ALSO PROVIDES SUPPORT FOR PROFESSIONAL PROGRAMS AND EXAMS THAT WILL FURTHER THE DEVELOPMENT OF THE FACULTY. THE FOUNDATION PROVIDES SUPPORT TO SEVERAL COMMUNITY, DEPARTMENT, AND CITY-WIDE PROGRAMS. SOME OF THOSE PROGRAMS ARE BROOKLYN FREE CLINIC, THE CHILDREN'S CENTER AT BROOKLYN, INFANT AND CHILD LEARNING CENTER, AND THE ARTHUR ASHE INSTITUTE.


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Board, Officers & Key Employees

Name (title)Compensation
Luther T Clark MD
President
$0
Wayne J Riley Mdmphmbamacp
Executive Vice President
$190,000
Joseph Lentol
Vice President
$0
Dr F Charles Brunicardi
Secretary
$0
H Carl Mccall
Director
$0
Gary S Sklar MD
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Cbre
Professional Construction Services
$610,474
Cozen O'connor
Legal Services
$501,241
Executive Snow Control Llc
Property Maintenance
$238,468
View All Vendors

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$953,369
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$953,369
Total Program Service Revenue$282,109,473
Investment income $1,386,427
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$4,510,625
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $280,613,481

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