The information for Centerlight Health System Inc is as of the organization's most recent filing in December 2019. This organization is located in Bronx, NY, and has been in existence for 32 years, following its founding in 1987.
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
Centerlight Health System Inc's NTEE code is Z99. The "Z" tells us that the organization is classified as "Unknown" and the "99" tells us that the organization is not yet ready to be classified into a major group A through Y. The NTEE describes these organizations as temporary codes for organizations until information is available to classify the entity.
Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. However, there are actually 29 different types of organizations that are identified by the Internal Revenue Code. This organization happens to be a 501(c)(3) organization. The IRS describes these organizations as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.
Perhaps the most accurate way to get a sense of what the organization hopes to achieve is by looking at its mission. The mission of Centerlight Health System Inc is to promote the purposes and goals of not-for-profit health care and support service providers.
The program area is dedicated to promoting the purposes and goals of not-for-profit health care and supports service providers, such as employee housing and community programs.
Centerlight Health System Inc is run by Benjamin C Duster IV, who is the Former President/ceo. The organization has no employees, and no employees paid more than $100k per year (according to the organization's most recent 990 tax filing). Supporting the paid staff are 11 volunteers.
Centerlight Health System Inc is an exemplary non-profit organization when it comes to governance. With nine voting members and nine independent members, the board is well-balanced and diverse, helping to ensure that potential conflicts of interest are avoided. The organization has also delegated management to an outside firm, meaning that the board is able to focus on their primary role of overseeing the organization. The organization also takes great care to document both board and committee meetings, and has a conflict of interest policy in place. This policy requires disclosure of conflicts, and a written whistleblower policy is also in place. Furthermore, there is a document retention policy, and the organization substantiates and reviews both leadership and officer salaries. Finally, the organization provides copies of the 990 to the board prior to filing. All of these measures help to ensure that Centerlight Health System Inc is a well-governed non-profit organization.
Our dataset has a single year of grant history for the Centerlight Health System Inc. In that year, they have awarded two grants, with an average check size of $925,415. Both grants were awarded in the Unknown sector. Additionally, the organization only awards grants in the state of New York (2).
The Centerlight Health System Inc nonprofit organization has seen a decrease in revenue and expenses over the 2014 to 2019 time period. Total revenue decreased from $1.3M to $1.0M, and total expenses decreased from $21.1M to $738.4K. Total volunteers also decreased from 15 to 11. This indicates that the organization has not grown over this time period.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael R Potack Chairman | OfficerTrustee | 0.5 | $0 |
Myron Schlanger Secretary | OfficerTrustee | 0.5 | $0 |
Harvey Ishofsky Vice Chairman | OfficerTrustee | 0.5 | $0 |
Kenneth Zuckerbrot Assistant Secretary | OfficerTrustee | 0.5 | $0 |
Mark Weinstein Treasurer | OfficerTrustee | 0.5 | $0 |
Johnny Lee CFO | Officer | 0.25 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Garfunkel Wild Pc Legal Services | 12/30/20 | $777,367 |
Grant Thorton Llp Professional Consulting Services | 12/30/20 | $1,760,460 |
Integrated Health Systems Tech Support Services | 12/30/20 | $508,634 |
Workday Erp System Services | 12/30/20 | $412,293 |
Mercer Professional Consulting Services | 12/30/20 | $300,884 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $305,516 |
All other contributions, gifts, grants, and similar amounts not included above | $69,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $374,516 |
Total Program Service Revenue | $962 |
Investment income | $280,978 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $543,858 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,417,744 |
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 | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $16,425 |
Fees for services: Other | $185,542 |
Advertising and promotion | $0 |
Office expenses | $1,901 |
Information technology | $12,802 |
Royalties | $0 |
Occupancy | $2,506 |
Travel | $12,278 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $130 |
Total functional expenses | $231,584 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,122,173 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $1,126,774 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $16,245,151 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,814,573 |
Total assets | $26,308,671 |
Accounts payable and accrued expenses | $7,665,825 |
Grants payable | $0 |
Deferred revenue | $50,192 |
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 | $3,702,131 |
Total liabilities | $11,418,148 |
Net assets without donor restrictions | $3,380,275 |
Net assets with donor restrictions | $11,510,248 |
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 | $26,308,671 |
Over the last fiscal year, Centerlight Health System Inc has awarded $1,850,830 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Flushing, NY PURPOSE: TO PROVIDE STARTUP FUNDS | $1,400,000 |
Flushing, NY PURPOSE: TO FUND PROGRAMS | $450,830 |
Over the last fiscal year, we have identified 1 grants that Centerlight Health System Inc has recieved totaling $2,500.
Awarding Organization | Amount |
---|---|
Organization Name not Listed PURPOSE: COMMUNITY CARE HEALTH PROGRAMS | | $2,500 |
Organization Name | Assets | Revenue |
---|---|---|
Actblue Civics Inc Somerville, MA | $9,393,713 | $97,519,174 |
New York State Technology Enterprise Corporation Rome, NY | $60,981,617 | $75,235,119 |
Hamaskpik Of Rockland County Inc Monsey, NY | $63,578,748 | $60,740,286 |
Comunilife Inc New York, NY | $31,660,998 | $48,925,659 |
Julia Dyckman Andrus Memorial Inc Yonkers, NY | $77,963,384 | $42,844,151 |
Wildwood Programs Inc Latham, NY | $26,961,317 | $41,590,830 |
Dana-Farber Inc Boston, MA | $2,427,985,539 | $197,856,829 |
Green Chimneys Childrens Services Inc Brewster, NY | $40,286,634 | $28,138,217 |
Times Square District Management Association New York, NY | $18,451,564 | $28,017,921 |
Childrens Center For Treatment And Education Bradford, PA | $5,348,327 | $25,705,354 |
52 Broadway Realty Corp New York, NY | $50,887,165 | $15,066,010 |
Peter Becker Community Harleysville, PA | $93,663,279 | $25,907,614 |