Brightpoint Health
- Assets
- $36.6m
- Revenue
- $72.6m
- Investments
- $230.4k
- Employees
- 852
- Location
- New York, NY
- Founding
- Data as of
- 12/2017
- EIN
- 13-4118387
Organization Overview
Brightpoint Health, operating under the name Fka Help Psi Services Corp, is located in New York, NY. As of 12/2017, Fka Help Psi Services Corp employed 852 individuals. Fka Help Psi Services Corp 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 12/2017, Fka Help Psi Services Corp generated $72.6m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 23.5% each year . All expenses for the organization totaled $72.1m during the year ending 12/2017. While expenses have increased by 26.1% per year over the past 3 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2017
Describe the Organization's Mission:
Part 3 - Line 1
BRIGHTPOINT HEALTH DELIVERS HIGH QUALITY PRIMARY CARE TO ITS PATIENTS, WHO ARE TREATED WITH DIGNITY AND RESPECT AND FOSTER CONTINUITY OF CARE BETWEEN THE PATIENT AND PROVIDER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATES DIAGNOSTIC AND TREATMENT CENTERS DESIGNATED AS FEDERALLY QUALIFIED HEALTH CENTERS. THE MAJORITY OF CLIENTS WILL BE LOW-INCOME PERSONS WHO MAY HAVE A HISTORY OF SUBSTANCE ABUSE, MAY PREVIOUSLY HAVE BEEN HOMELESS, HAVE HISTORIES OF INCARCERATION, ETC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul D Vitale President And CEO | Officer | 28.1 | $853,286 |
Karamchand Rameshwar Senior Vice President Of B | 37.5 | $358,101 | |
Evan Zuckerman Chief Financial Officer | Officer | 28.1 | $337,643 |
Carol Murphy Chief Operating Officer | Officer | 28.1 | $328,497 |
Frank Kwakye Berko Cmo | Officer | 28.1 | $311,794 |
Solomon Osei Director Women's Health Services | 37.5 | $308,115 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
A & A Maintenance Ent Inc Maintenance Services | 12/30/17 | $1,355,861 |
Tasty Enterprises Inc Food Services | 12/30/17 | $1,174,829 |
Tekconn Services Inc It Services | 12/30/17 | $800,854 |
Cohnreznick Llp Audit And Tax Services | 12/30/17 | $213,835 |
Jeffrey Sobel Consulting Llc Non-profit Consultant | 12/30/17 | $104,650 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $7,136,565 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,384,279 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,520,844 |
| Total Program Service Revenue | $52,544,330 |
| Investment income | $27,365 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $60,356 |
| Net Gain/Loss on Asset Sales | -$103,573 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $72,582,607 |
| 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. | $2,871,105 |
| Compensation of current officers, directors, key employees. | $416,970 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $29,424,829 |
| Pension plan accruals and contributions | $992,271 |
| Other employee benefits | $3,274,983 |
| Payroll taxes | $2,851,412 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $442,908 |
| Fees for services: Accounting | $219,290 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,191,511 |
| Advertising and promotion | $0 |
| Office expenses | $1,177,491 |
| Information technology | $670,700 |
| Royalties | $0 |
| Occupancy | $4,167,290 |
| Travel | $945,142 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $900,375 |
| Interest | $866,332 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,798,730 |
| Insurance | $842,653 |
| All other expenses | $4,901,216 |
| Total functional expenses | $72,103,367 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,354 |
| Savings and temporary cash investments | $6,779,204 |
| Pledges and grants receivable | $784,350 |
| Accounts receivable, net | $6,102,436 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $75,775 |
| Prepaid expenses and deferred charges | $805,700 |
| Net Land, buildings, and equipment | $14,416,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $230,439 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,367,801 |
| Total assets | $36,566,059 |
| Accounts payable and accrued expenses | $6,776,385 |
| 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 | $15,368,975 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,585,327 |
| Total liabilities | $23,730,687 |
| Unrestricted restricted net Assets | $12,835,372 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $12,835,372 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Brightpoint Health has recieved totaling $380,000.
| Awarding Organization | Amount |
|---|---|
Robin Hood Foundation New York, NY PURPOSE: GENERAL | $370,000 |
Broadway Cares-Equity Fights Aids Inc New York, NY PURPOSE: UNRESTRICTED | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Center For Discovery Inc Harris, NY | $136,967,391 | $121,112,657 |
Adventist Development And Relief Agency International Silver Spring, MD | $93,556,695 | $133,531,867 |
Champlain College Inc Burlington, VT | $240,784,775 | $119,718,125 |
Behavioral Health Network Inc Springfield, MA | $65,551,106 | $133,127,177 |
Point Park University Pittsburgh, PA | $213,510,842 | $122,379,566 |
Mid-Ohio Foodbank Grove City, OH | $66,739,553 | $150,715,504 |
Bay Cove Human Services Inc Boston, MA | $73,611,314 | $126,196,963 |
Lucent Technologies Inc Postretirment Welfare Benefits Tru Murray Hill, NJ | $233,482,578 | $187,732,247 |
Core Physicians Llc Exeter, NH | $19,371,760 | $100,280,879 |
Mount Saint Marys University Emmitsburg, MD | $202,133,149 | $126,243,509 |
Northwestern Medical Center Inc St Albans, VT | $180,177,619 | $138,585,936 |
William Penn Foundation Philadelphia, PA | $0 | $175,834,650 |