Patient Care Trust Fund Of The Committee Of Interns & Residents
- Assets
- $4.2m
- Revenue
- $878.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Long Island City, NY
- Founding
- 06/1982
- Data as of
- 12/2021
- EIN
- 13-3045148
Organization Overview
Patient Care Trust Fund Of The Committee Of Interns & Residents is located in Long Island City, NY. The organization was established in 1982. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, 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. Patient Care Trust Fund Of The Committee Of Interns & Residents 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, Patient Care Trust Fund Of The Committee Of Interns & Residents generated $878.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $854.8k during the year ending 12/2021. While expenses have increased by 2.8% 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.
Since 2014, Patient Care Trust Fund Of The Committee Of Interns & Residents has awarded 14 individual grants totaling $217,179. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE PATIENT CARE AND PATIENT SAFETY IN NEW YORK CITY MUNICIPAL HOSPITALS BY: (I) PURCHASING OR ASSISTING IN THE PURCHASE OF EQUIPMENT OR SUPPLIES TO BE USED IN SUCH HOSPITALS AND RELATED MEDICAL FACILITIES, (II) SUPPORTING PROGRAMS TO TRAIN AND EDUCATE EMPLOYEES, INCLUDING RESIDENTS AND FELLOWS IN SUCH HOSPITALS AND RELATED MEDICAL FACILITIES, ON TOPICS PERTAINING TO PATIENT CARE AND PATIENT SAFETY, AND (III) ENGAGING IN ANY ACTIVITIES PERMISSIBLE UNDER SECTION 501(C)(3) THAT ARE RELATED TO THE FOREGOING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO IMPROVE PATIENT CARE AND PATIENT SAFETY IN NEW YORK CITY MUNICIPAL HOSPITALS BY: (I) PURCHASING OR ASSISTING IN THE PURCHASE OF EQUIPMENT OR SUPPLIES TO BE USED IN SUCH HOSPITALS AND RELATED MEDICAL FACILITIES, (II) SUPPORTING PROGRAMS TO TRAIN AND EDUCATE EMPLOYEES, INCLUDING RESIDENTS AND FELLOWS IN SUCH HOSPITALS AND RELATED MEDICAL FACILITIES, ON TOPICS PERTAINING TO PATIENT CARE AND PATIENT SAFETY, AND (III) ENGAGING IN ANY ACTIVITIES PERMISSIBLE UNDER SECTION 501(C)(3) THAT ARE RELATED TO THE FOREGOING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darshan Patel MD Cir President / Chairperson | Trustee | 1 | $0 |
Dina Jaber MD Secretary Treasurer | Trustee | 1 | $0 |
Aaron Douen MD Trustee | Trustee | 1 | $0 |
Ogochukwu Oseji MD Trustee | Trustee | 1 | $0 |
Ankit Kushwaha MD Trustee | Trustee | 1 | $0 |
Ali Eltanour MD Trustee | Trustee | 1 | $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 | $709,203 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $709,203 |
| Total Program Service Revenue | $0 |
| Investment income | $43,414 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $125,433 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $878,050 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $75,962 |
| Grants and other assistance to domestic individuals. | $14,894 |
| 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 | $9,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $15,629 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,219 |
| Information technology | $12,679 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,599 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,412 |
| Insurance | $7,673 |
| All other expenses | $2,731 |
| Total functional expenses | $854,776 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $983,917 |
| Savings and temporary cash investments | $115,287 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $176,832 |
| 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 | $12,925 |
| Net Land, buildings, and equipment | $33,709 |
| Investments—publicly traded securities | $2,854,936 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $13,332 |
| Total assets | $4,190,938 |
| Accounts payable and accrued expenses | $22,301 |
| 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 | $375,897 |
| Total liabilities | $398,198 |
| Net assets without donor restrictions | $3,792,740 |
| 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 | $4,190,938 |
Grants Awarded
Over the last fiscal year, Patient Care Trust Fund Of The Committee Of Interns & Residents has awarded $70,686 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
LOMBART BROTHERS PURPOSE: EQUP PURCHASE FOR ORTHALMOLOGYY DEPT | $36,426 |
HENRY SCHEIN PURPOSE: EQUP PURCHASE FOR DENTIAL TRAINING | $34,260 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Carbon Schiylkill Community Hospital Inc Allentown, PA | $59,769,388 | $99,125,691 |
Mercy Management Of Southeastern Pennsylvania Newtown Square, PA | $35,720,609 | $73,428,076 |
Mount Nittany Medical Center Health Services Inc State College, PA | $76,955,492 | $122,027,068 |
Archcare New York, NY | $38,938,250 | $96,013,711 |
Hackensack Meridian Health Inc Edison, NJ | $4,603,504,808 | $570,011,580 |
Atlanticare Health System Inc Egg Harbor Township, NJ | $51,745,576 | $84,060,384 |
Hackensack Meridian Health Inc Neptune, NJ | $71,369,061 | $79,547,655 |
Trinity Health Of The Mid-Atlantic Region Newtown Square, PA | $176,808,635 | $95,052,578 |
Community Health Network Of Connecticut Inc Wallingford, CT | $47,159,954 | $74,626,520 |
Robert Wood Johnson Health Network Inc Oceanport, NJ | $28,225,653 | $62,188,927 |
Rpci Oncology Pc Buffalo, NY | $19,088,362 | $66,318,134 |
Vitalant Pittsburgh, PA | $159,473,339 | $66,470,403 |