Bronx Rhio Inc
- Assets
- $13.1m
- Revenue
- $7.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Bronx, NY
- Founding
- 05/2009
- Data as of
- 12/2022
- EIN
- 20-5721976
Organization Overview
Bronx Rhio Inc is located in Bronx, NY. The organization was established in 2009. According to its NTEE Classification (W05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bronx Rhio Inc 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, Bronx Rhio Inc generated $7.3m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $7.0m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE BRONX RHIO OPERATES A SECURE, INTEROPERABLE CLINICAL HEALTH INFORMATION EXCHANGE THAT ENABLES HEALTHCARE PROVIDERS ACROSS THE GREATER NYC AREA TO ACCESS CRITICAL PATIENT INFORMATION FROM MULTIPLE SOURCES AND MAKE IT POSSIBLE FOR PATIENTS' MEDICAL RECORDS TO FOLLOW THEM WHEREVER THEY GO FOR HEALTH SERVICES IN THE GREATER NYC AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BRONX RHIO, INC. WAS ORGANIZED FOR THE PURPOSE OF SUPPORTING AND ADVANCING THE USE OF HEALTHCARE INFORMATION TECHNOLOGY AND DEVELOPED AND OPERATES A SECURE CLINICAL DATA EXCHANGE NETWORK FOR THE BENEFIT OF THE RESIDENTS OF NEW YORK WITH THE INTENTION OF ENHANCING PUBLIC SAFETY AND WELFARE, REDUCING DATA ERRORS AND FACILITATING THE ABILITY TO PARTICIPATE WITH GOVERNMENT AGENCIES TO MONITOR HEALTH TRENDS. THE BRONX RHIO, INC. ACHIEVED A CRITICAL MILESTONE WITH THE "GO LIVE" OF A SECURE CLINICAL DATA EXCHANGE NETWORK. THE RESIDENTS OF NEW YORK ARE NOW BENEFITING FROM THE AVAILABILITY OF THIS INFORMATION FROM WHEREVER THEY SEEK CARE AMONG BRONX RHIO, INC. MEMBER INSTITUTIONS. THE CLINICAL DATA EXCHANGE NETWORK MUST BE MAINTAINED AND ENHANCED FOR TECHNOLOGY UPGRADES AND HIGHER CAPACITIES OVER TIME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jitendra Barmecha MD Chairperson | OfficerTrustee | 2 | $0 |
Paloma Hernandez Vice Chairperson | OfficerTrustee | 2 | $0 |
Ivan Durbak Secretary | OfficerTrustee | 2 | $0 |
Luz Liebeskind Treasurer | OfficerTrustee | 2 | $0 |
Kenneth Boockvar MD Director | Trustee | 2 | $0 |
Lois Bookhardt-Murray MD Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Montefiore Medical Center Purchased Services | 12/30/22 | $1,975,590 |
Imat Solutions Technology Services | 12/30/22 | $1,732,725 |
Shatzkin Systems Inc Information Systems | 12/30/22 | $1,543,229 |
Rsm Us Llp It Audit And Consulting Services | 12/30/22 | $526,761 |
Eclinical Works Llc Technology Services | 12/30/22 | $201,000 |
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 | $5,426,069 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,426,069 |
| Total Program Service Revenue | $1,862,759 |
| Investment income | $25,216 |
| 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 | $7,314,044 |
| 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 | $1,929,714 |
| Fees for services: Legal | $31,260 |
| Fees for services: Accounting | $34,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,177,445 |
| Advertising and promotion | $0 |
| Office expenses | $107,061 |
| Information technology | $2,058,844 |
| Royalties | $0 |
| Occupancy | $108,946 |
| Travel | $1,299 |
| 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 | $103,920 |
| Insurance | $61,859 |
| All other expenses | $400,000 |
| Total functional expenses | $7,014,848 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,000 |
| Savings and temporary cash investments | $10,731,679 |
| Pledges and grants receivable | $955,703 |
| Accounts receivable, net | $1,022,894 |
| 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 | $142,107 |
| Net Land, buildings, and equipment | $254,015 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,107,398 |
| Accounts payable and accrued expenses | $786,978 |
| 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 | $0 |
| Total liabilities | $786,978 |
| Net assets without donor restrictions | $12,320,420 |
| 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 | $13,107,398 |