Kings Physician Services Pc
- Assets
- $70.2m
- Revenue
- $260.6m
- Investments
- $0.0
- Employees
- 483
- Location
- Brooklyn, NY
- Founding
- 08/2014
- Data as of
- 12/2022
- EIN
- 46-2333282
Organization Overview
Kings Physician Services Pc, operating under the name Newyork-Presbyterian Medical Group Brooklyn, is located in Brooklyn, NY. The organization was established in 2014. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2022, Newyork-Presbyterian Medical Group Brooklyn employed 483 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newyork-Presbyterian Medical Group Brooklyn 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, Newyork-Presbyterian Medical Group Brooklyn generated $260.6m in total revenue. All expenses for the organization totaled $260.6m during the year ending 12/2022.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EXCELLENT MEDICAL HEALTH CARE SERVICES TO PATIENTS WITHOUT REGARD TO AGE, SEX, RACE, CREED, NATIONAL ORIGIN OR DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE EXCELLENT MEDICAL HEALTH CARE SERVICES TO PATIENTS WITHOUT REGARD TO AGE, SEX, RACE, CREED, NATIONAL ORIGIN OR DISABILITY IN THE AREAS OF INTERNAL MEDICINE, NEURO PSYCH, CARDIOLOGY, OB/GYN, PEDIATICS, FAMILY HEALTH, SURGERY, UROLOGY, PODIATRY AND OTHER MEDICAL AREAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed President | OfficerTrustee | 53.4 | $0 |
Name Not Listed Attending Physician | 37.5 | $1,996,590 | |
Name Not Listed Medical Director | 19 | $832,297 | |
Name Not Listed Attending Physician | 37.5 | $1,619,350 | |
Name Not Listed Attending Physician | 37.5 | $1,712,150 | |
Name Not Listed Chief Cardiology Dept Of Med. | 33.5 | $874,870 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Columbia University Leased Physicians | 12/30/22 | $2,735,633 |
Weill Cornell Medicine Leased Physicians | 12/30/22 | $53,744,732 |
Vaya Workforce Solutions Llc Temp Agency | 12/30/22 | $2,190,004 |
Diagnostic Cardiology Associates Pc Medical Services | 12/30/22 | $1,541,829 |
J & S Stark Billing And Consulting Inc Billing Services | 12/30/22 | $1,317,056 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $81,190,122 |
| Government grants | $1,444,442 |
| 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 | $82,634,564 |
| Total Program Service Revenue | $125,533,506 |
| Investment income | $11,452 |
| 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 | $260,613,986 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,731,602 |
| 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. | $664,691 |
| Compensation of current officers, directors, key employees. | $664,691 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $119,661,246 |
| Pension plan accruals and contributions | $1,279,050 |
| Other employee benefits | $15,943,689 |
| Payroll taxes | $7,306,774 |
| 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 | $0 |
| Fees for services: Other | $68,045,382 |
| Advertising and promotion | $1,808 |
| Office expenses | $6,289,587 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,047,862 |
| Travel | $5,865 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $179,810 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,242,004 |
| Insurance | $15,996,876 |
| All other expenses | $0 |
| Total functional expenses | $260,613,986 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,816,076 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,058,416 |
| 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 | $316,613 |
| Net Land, buildings, and equipment | $20,152,655 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $31,881,220 |
| Total assets | $70,224,980 |
| Accounts payable and accrued expenses | $46,060,188 |
| 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 | $166,677 |
| Total liabilities | $46,226,865 |
| Net assets without donor restrictions | $23,998,115 |
| 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 | $70,224,980 |