Archcare
- Assets
- $49.7m
- Revenue
- $98.4m
- Investments
- $0.0
- Employees
- 48
- Location
- New York, NY
- Founding
- 03/1946
- Data as of
- 12/2022
- EIN
- 13-3896624
Organization Overview
Archcare is located in New York, NY. The organization was established in 1946. 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 12/2022, Archcare employed 48 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Archcare 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, Archcare generated $98.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $90.4m during the year ending 12/2022. While expenses have increased by 0.9% 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.
Since 2014, Archcare has awarded 51 individual grants totaling $611,400. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER AND PROVIDE FAITH-BASED HOLISTIC CARE TO FRAIL AND VULNERABLE PEOPLE UNABLE TO FULLY CARE FOR THEMSELVES. THROUGH SHARED COMMITMENTS, ARCHCARE SEEKS TO IMPROVE THE QUALITY OF THE LIVES OF THOSE INDIVIDUALS AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CATHOLIC SPECIAL NEEDS PLAN LLC D/B/A ARCHCARE ADVANTAGE IS A HEALTH PLAN WITH A MEDICARE CONTRACT FOUNDED BY THE CATHOLIC HEALTH CARE SYSTEM OF THE ARCHDIOCESE OF NEW YORK TO PROVIDE MEDICARE COVERAGE FOR INDIVIDUALS WHO REQUIRE NURSING HOME LEVEL OF CARE. AS A MEDICARE ADVANTAGE HEALTH MAINTENANCE ORGANIZATION (HMO) SPECIAL NEEDS PLAN ARCHCARE ADVANTAGE (SNP) SERVES BENEFICIARIES ENTITLED TO MEDICARE PART A AND ENROLLED IN MEDICARE PART B. THE PLAN'S SERVICE AREA INCLUDES BRONX, DUTCHESS, KINGS, NEW YORK, ORANGE, QUEENS, RICHMOND AND WESTCHESTER COUNTIES, AND OFFERS A NETWORK OF DOCTORS, SPECIALISTS, HOSPITALS AND OTHER HEALTH CARE PROVIDERS THAT ENROLLEES CAN USE. SNP IS A COMPREHENSIVE RISK BASED HEALTH MAINTENANCE ORGANIZATION ("HMO") UNDER ARTICLE 44 OF THE PUBLIC HEALTH LAW. IN 2022, SNP HAD 5,687 MEMBER MONTHS AT SIX FACILITIES (CARMEL RICHMOND NURSING HOME, INC., ST. VINCENT DE PAUL RESIDENCE, FERNCLIFF NURSING HOME COMPANY INC., TERENCE CARDINAL COOKE HEALTH CARE CENTER, PROVIDENCE REST, AND MARY MANNING WALSH NURSING HOME COMPANY), AND 7,134 MEMBER MONTHS AT UNRELATED ORGANIZATIONS.
CHCS ESTABLISHED AS A SELF-INSURED TRUST FOR HEALTH INSURANCE FOR ITSELF AND ITS AFFILIATES IN ORDER TO STREAMLINE SYSTEM ADMINISTRATION AND CONTROL ASSOCIATED EXPENSES. CHCS'S ADMINISTRATIVE DUTIES INCLUDE THE COLLECTION OF HEALTH BENEFIT PREMIUMS FROM THE CHCS INSTITUTIONS AND PAYMENT OF MEDICAL AND PHARMACEUTICAL CLAIMS TO THE THIRD PARTY ADMINISTRATOR FOR THE PROGRAM.
THE PROVISION OF MANAGEMENT AND SUPPORT SERVICES TO HEALTH CARE NOT-FOR-PROFIT ORGANIZATIONS OF WHICH IT IS THE SOLE MEMBER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Francis J Serbaroli ESQ Chairman | OfficerTrustee | 0.1 | $0 |
Thomas M O'brien Vice-Chair | OfficerTrustee | 0.1 | $0 |
Dr Tara A Cortes Secretary | OfficerTrustee | 0.1 | $0 |
Thomas E Alberto Board Member | Trustee | 0.1 | $0 |
Steve Bujno Board Member | Trustee | 0.1 | $0 |
John Cahill Board Member | Trustee | 0.1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Archdiocese Of New York Admin./legal Services | 12/30/22 | $2,000,000 |
Audacy Operations Inc Advertising Services | 12/30/22 | $513,289 |
Amsive Digital Inc Marketing Consulting | 12/30/22 | $488,488 |
Goodman Media International Marketing Consulting | 12/30/22 | $277,880 |
Iheartmedia Advertising Services | 12/30/22 | $271,860 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $14,962 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,278,440 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,293,402 |
| Total Program Service Revenue | $97,057,082 |
| Investment income | $92,297 |
| 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 | $98,443,183 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $33,200 |
| 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. | $4,582,072 |
| Compensation of current officers, directors, key employees. | $4,582,072 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,300,720 |
| Pension plan accruals and contributions | $699,738 |
| Other employee benefits | $1,142,735 |
| Payroll taxes | $720,816 |
| Fees for services: Management | $1,333,338 |
| Fees for services: Legal | $101,249 |
| Fees for services: Accounting | $131,500 |
| Fees for services: Lobbying | $150 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,663,763 |
| Advertising and promotion | $1,135,660 |
| Office expenses | $676,775 |
| Information technology | $486,475 |
| Royalties | $0 |
| Occupancy | $1,697,794 |
| Travel | $40,684 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $169,877 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $150,114 |
| Insurance | $204,335 |
| All other expenses | $337,001 |
| Total functional expenses | $90,427,565 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,336,392 |
| Savings and temporary cash investments | $12,099,159 |
| Pledges and grants receivable | $9,750 |
| Accounts receivable, net | $2,425,085 |
| 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 | $413,012 |
| Net Land, buildings, and equipment | $366,828 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $33,038,651 |
| Total assets | $49,688,877 |
| Accounts payable and accrued expenses | $9,630,594 |
| Grants payable | $0 |
| Deferred revenue | $5,169,053 |
| 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 | $3,425,453 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $33,167,904 |
| Total liabilities | $51,393,004 |
| Net assets without donor restrictions | -$1,704,127 |
| 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 | $49,688,877 |
Grants Awarded
Over the last fiscal year, Archcare has awarded $33,200 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
LORETTO FOUNDATION PURPOSE: SUPPORT FOR THE ANNUAL GALA | $10,000 |
MOUNT SINAI HEALTH SYSTEM PURPOSE: SUPPORT FOR THE ANNUAL GALA | $10,000 |
PARKER JEWISH INSTITUTE FOR HEALTH CARE AND REHABILITATION PURPOSE: SUPPORT FOR THE ANNUAL GALA | $7,500 |
ST PATRICK'S CATHEDRAL PURPOSE: SUPPORT FOR THE ANNUAL GALA | $5,700 |