Long Island Select Healthcare Inc
- Assets
- $17.3m
- Revenue
- $24.4m
- Investments
- $0.0
- Employees
- 135
- Location
- Central Islip, NY
- Founding
- 07/2016
- Data as of
- 12/2023
- EIN
- 47-1001464
Organization Overview
Long Island Select Healthcare Inc, operating under the name Lish Inc, is located in Central Islip, NY. The organization was established in 2016. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2023, Lish Inc employed 135 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lish 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 12/2023, Lish Inc generated $24.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $22.6m during the year ending 12/2023. While expenses have increased by 5.9% per year over the past 7 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE PRIMARY AND PREVENTATIVE HEALTHCARE SERVICES FOCUSING ON LOW INCOME, MEDICALLY UNSERVED AND UNDERSERVED INDIVIDUALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARTICLE 28 - LONG ISLAND SELECT HEALTHCARE ("LISH") PROVIDES DIAGNOSTIC AND TREATMENT SERVICES INCLUDING COPMREHENSIVE PRIMARY CARE, DENTAL BEHAVIORAL HEALTH, MEDICAL SPECIALTIES, THERAPEUTIC SPECIALTIES, AND CHHRONIC CARE MANAGEMENT SERVICES. TOTAL NUMBER OF PATIENTS 6,044. LISH PARTICIPATES IN THE 340B PROGRAM ADMINISTERED BY THE OFFICE OF PHARMACY AFFAIRS WITHIN THE HEALTH RESOURCES AND SERVICES ADMINISTRATION OF THE DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIRING PARTICIPATING DRUG MANUFACTURERS TO PROVIDE OUTPATIENT DRUGS TO ELIGIBLE HEALTH CARE OGANIZATIONS AND COVERED ENTITIES AT REDUCED PRICES. LISH CONTRACTS WITH INDEPENDENT PHARMACIES UNDER THE 340B PROGRAM.
ARTICLE 16 - THROUGH THE NEW YORK STATE OFFICE OF PEOPLE WITH DEVELOPMENTAL DISABILITIES, LONG ISLAND SELECT HEALTHCARE PROVIDES SPEECH THERAPY, OCCUPATIONAL THERAPY AND PHYSICAL THERAPY SERVICES. TOTAL NUMBER OF PATIENTS: 636
OTHER SERVICES - THE ORGANIZATION IS A FEDERALLY QUALIFIED HEALTH CENTER SUBRECIPIENT OF SUN RIVER HEALTH, INC.'S FEDERAL AWARD UNDER HEALTH RESOURCES AND SERVICES ADMINISTRATION (HRSA) FOR COMMUNITY HEALTH CARE PROGRAMS. A SECOND SUB-RECIPIENT GRANT WAS RECEIVED FROM HRSA VIA SUN RIVER HEALTH CONTRIBUTING TO THE PURCHASE OF A FACILITY VAN. NYS DOH FUNDING RECEIVED IN 2023: (1) FOR THE PURPOSE OF STAFF RETENTION AND OTHER HEALTHCARE-RELATED CARE EXPENSES; (2) STATEWIDE HEALTH CARE FACILITY TRANSFORMATION PROGRAM II GRANT AND (3) FUNDING UNDER THE NEWLY ENACTED NYS RX REINVESTMENT PROGRAM (SHARED WITH THE FEDERAL MEDICARE PROGRAM.)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deepika Sood MD Psychiatrist | 23 | $1,067,145 | |
Scott Kim MD Chief Medical Officer | Officer | 37.5 | $314,913 |
Spiro Theoharakis MD Psychiatrist | 25 | $287,510 | |
Paris Arianas MD Psychiatrist | 27.5 | $308,486 | |
Gail Fraser-Farmer MD Physician | 37.5 | $208,997 | |
Audrey Smith CEO (eff. 1/2023) | Officer | 37.5 | $232,418 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Solutions 4 Community Health Medical Billing Svcs | 12/30/23 | $839,881 |
Hudson Headwater 340b Llc 340b Management Svcs | 12/30/23 | $292,578 |
Central Business Systems It Support | 12/30/23 | $186,204 |
Eclinical Works Clinical Info Srvcs | 12/30/23 | $175,132 |
Ighl Rehabilitation Svcs | 12/30/23 | $160,677 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,000 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $386 |
| Noncash contributions included in lines 1a–1f | $2,386 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,386 |
| Total Program Service Revenue | $24,393,806 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,650 |
| 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 | $24,397,842 |
| 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. | $728,955 |
| Compensation of current officers, directors, key employees. | $728,955 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,579,890 |
| Pension plan accruals and contributions | $675,000 |
| Other employee benefits | $1,505,383 |
| Payroll taxes | $852,141 |
| Fees for services: Management | $22,064 |
| Fees for services: Legal | $93,161 |
| Fees for services: Accounting | $111,581 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,730,012 |
| Advertising and promotion | $0 |
| Office expenses | $1,498,587 |
| Information technology | $154,017 |
| Royalties | $0 |
| Occupancy | $2,240,615 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $71,939 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $79,932 |
| Insurance | $200,377 |
| All other expenses | $0 |
| Total functional expenses | $22,598,771 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,605,513 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,719,862 |
| Accounts receivable, net | $1,635,656 |
| 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 | $56,431 |
| Net Land, buildings, and equipment | $294,108 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,015,563 |
| Total assets | $17,327,133 |
| Accounts payable and accrued expenses | $2,938,232 |
| 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 | $6,990,938 |
| Total liabilities | $9,929,170 |
| Net assets without donor restrictions | $7,397,963 |
| 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 | $17,327,133 |