Greater N Y Health Care Facilities Association Inc Dip

Organization Overview

Greater N Y Health Care Facilities Association Inc Dip, operating under the name Gnyhcfa, is located in New York, NY. The organization was established in 1965. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 09/2023, Gnyhcfa employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gnyhcfa is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 09/2023, Gnyhcfa generated $2.1m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $2.2m during the year ending 09/2023. While expenses have increased by 1.9% per year over the past 4 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

GNYHCFA IS A NOT-FOR-PROFIT TRADE ASSOCIATION SERVING THE NEEDS OF THE LONG TERM CARE COMMUNITY IN THE GREATER NEW YORK METROPOLITAN AREA AND BEYOND.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TRADE ASSOCITION SUPPORTING 75 LONG TERM CARE FACILITIES WITH SEMINARS, EDUCATIONAL MATERIAL, LEGAL ADVOCE, HELP WITH FEDERAL AND STATE DEPARTMENT OF HEALTH AUDITS AND COMPLYING WITH NEW YORK STATE REGULATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Michael Balboni
Exec Director
$358,108
Mary Gracey-White
Regulatory Director
$236,000
Robin Rosen
Sr. Labor Attorney
$234,000
George Horowitz
Controller
$221,500

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Michael Balboni
Executive Director
$279,647
George Horowitz
Controller
$222,000
Robin Rosen
Sr. Labor Attorney
$215,000
Mary Gracey-white
Regulatory Director
$196,008
Martin F Sheinman Esq
Legal - Arbitrator
$147,767
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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$2,121,482
Investment income $4,471
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,125,953

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