Totals
- Total revenue
- $950,981,700
- Total expenses
- $877,213,112
- Contributions and grants received
- $23,366,422
- Grants paid
- $0
- Program service revenue
- $920,872,457
- Investment income
- $6,742,821
- Other revenue
- $0
- Total assets, end of year
- $919,250,370
- Total liabilities, end of year
- $568,961,794
- Net assets or fund balances, end of year
- $350,288,576
- Program services expenses (Part IX)
- $744,749,672
- Management and general expenses
- $132,460,785
- Fundraising expenses
- $2,655
- Program service expenses (Part III)
- $744,749,672
Program services were 84.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$20,004,361
-
1f · All other contributions, gifts and grants
$3,362,061
-
1g · Noncash contributions included above
$1,249,098
-
2a · Program service revenue: HOSPITAL-PATIENT SVCS
total $920,872,457 · related or exempt $920,872,457
-
3 · Investment income
total $6,742,821 · excluded $6,742,821
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$0
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$0
-
10b · Cost of goods sold
$0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $6,208,955 · program services $931,343 · management and general $5,277,612
-
6 · Compensation of disqualified persons
total $185,792 · management and general $185,792
-
7 · Other salaries and wages
total $392,898,125 · program services $362,922,206 · management and general $29,975,919
-
8 · Pension plan contributions
total $30,117,916 · program services $27,218,404 · management and general $2,899,512
-
9 · Other employee benefits
total $70,049,994 · program services $63,215,201 · management and general $6,834,793
-
10 · Payroll taxes
total $30,521,210 · program services $27,466,551 · management and general $3,054,659
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $3,075,725 · management and general $3,075,725
-
11c · Fees: accounting
total $396,494 · management and general $396,494
-
11d · Fees: lobbying
total $150,246 · management and general $150,246
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $117,959,095 · program services $74,402,600 · management and general $43,556,495
-
12 · Advertising and promotion
total $309,199 · program services $309,199
-
13 · Office expenses
total $113,075,466 · program services $107,000,858 · management and general $6,071,953 · fundraising $2,655
-
14 · Information technology
total $20,592,979 · program services $12,601,516 · management and general $7,991,463
-
15 · Royalties
total $0
-
16 · Occupancy
total $35,158,993 · program services $28,203,701 · management and general $6,955,292
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $276,797 · program services $169,381 · management and general $107,416
-
20 · Interest
total $1,080,803 · program services $114,058 · management and general $966,745
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $21,909,326 · program services $20,553,082 · management and general $1,356,244
-
23 · Insurance
total $31,074,598 · program services $18,999,035 · management and general $12,075,563
-
24a · Other expenses: DUES AND MEMBERSHIP
total $538,740 · program services $159,424 · management and general $379,316
-
24b · Other expenses: RECREATIONAL ACTIVITIES
total $750,262 · program services $222,007 · management and general $528,255
-
24c · Other expenses: LICENSES AND PERMITS
total $882,397 · program services $261,106 · management and general $621,291
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $281,225,149 · end of year $131,124,528
-
2 · Savings and temporary cash investments
beginning of year $135,924,446 · end of year $351,602,534
-
3 · Pledges and grants receivable
beginning of year $7,779,767 · end of year $6,203,951
-
4 · Accounts receivable
beginning of year $54,923,898 · end of year $148,308,591
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $6,338,002 · end of year $5,600,708
-
9 · Prepaid expenses and deferred charges
beginning of year $4,694,820 · end of year $5,264,610
-
10a · Land, buildings and equipment: cost or other basis
$760,153,646
-
10b · Land, buildings and equipment: accumulated depreciation
$601,004,267
-
10c · Land, buildings and equipment, net
beginning of year $164,903,124 · end of year $159,149,379
-
11 · Investments: publicly traded securities
beginning of year $0 · end of year $0
-
12 · Investments: other securities
beginning of year $36,596,911 · end of year $41,712,730
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $21,982,157 · end of year $70,283,339
-
17 · Accounts payable and accrued expenses
beginning of year $250,330,395 · end of year $200,850,258
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $45,603,620 · end of year $41,222,424
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $25,870,756 · end of year $25,714,412
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $182,986,012 · end of year $301,174,700
-
27 · Net assets without donor restrictions
beginning of year $205,558,526 · end of year $346,269,611
-
28 · Net assets with donor restrictions
beginning of year $4,018,965 · end of year $4,018,965
Mission and programs · 2022
Mission
BRONXCARE IS THE LARGEST NOT-FOR PROFIT HEALTH AND TEACHING HOSPITAL SYSTEM SERVING THE SOUTH AND CENTRAL BRONX, WITH 859 BEDS AND MORE THAN 4,500 EMPLOYEES. BRONXCARE'S TWO MAIN HOSPITAL DIVISIONS, ITS COMPREHENSIVE PSYCHIATRIC AND CHEMICAL DEPENDENCY PROGRAMS, LONG-TERM CARE FACILITY, AND EXTENSIVE OUTPATIENT NETWORK ARE DELIVERING THE HIGHEST QUALITY AND ACCESSIBLE SERVICES TO THE COMMUNITY. BRONXCARE IS AMONG THE LARGEST PROVIDERS OF OUTPATIENT SERVICES IN NEW YORK CITY, WITH CLOSE TO ONE MILLION VISITS ANNUALLY, AND ITS EMERGENCY ROOM IS ONE OF THE BUSIEST IN NEW YORK. BRONXCARE HEALTH SYSTEM'S MISSION IS TO DELIVER THE HIGHEST QUALITY ACCESSIBLE CARE IN RESPONDING TO THE NEEDS OF THE COMMUNITY, WHILE ASSURING AN ENVIRONMENT WHERE PATIENT SAFETY AND SATISFACTION ARE A PRIORITY. THIS MISSION EMBRACES A SAFETY CULTURE THAT IS REPORTING, LEARNING, FAIR AND JUST, AS WELL AS BUILDING A HEALTH CARE NETWORK THAT IS CONTINUOUSLY STRIVING FOR HEALTH EQUITY AND EXCELLENCE IN CARE. AT BRONXC
Activities or mission (Part I)
TO DELIVER THE HIGHEST QUALITY OF HEALTHCARE SERVICES TO THE BRONX COMMUNITY.
-
THE HOSPITAL CENTER IS THE CENTERPIECE OF THE BRONXCARE HEALTH SYSTEM, WHICH IS THE LARGEST VOLUNTARY, NOT-FOR-PROFIT HEALTH CARE SYSTEM SERVING THE SOUTH AND CENTRAL BRONX. THE HOSPITAL CENTER HAS 619 BEDS AT TWO MAJOR HOSPITAL DIVISIONS; A MAJOR PSYCHIATRIC FACILITY; AND AN EXTENSIVE BRONXCARE NETWORK OF MEDICAL PRACTICES, AS WELL AS A 240 BED SKILLED NURSING HOME FACILITY.
Expenses $744,749,672 · Revenue $920,872,457
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Mr Miguel A Fuentes JrMR MIGUEL A FUENTES JR
PRESIDENT AND CEO
- Total calculated
- $2,351,398
- From this org
- $2,291,637
- From related orgs
- $0
- Other
- $59,761
- Hours/week
- 40 + 5 related
Schedule J breakdown matched by us
- Base
- $1,457,793
- Bonus
- $825,439
- Other
- $8,405
- Deferred
- $24,483
- Nontaxable benefits
- $35,278
- Filer's total
- $2,351,398
-
Dr Magdy MikhailDR MAGDY MIKHAIL
CHAIRMAN-OB/GYN & CMO
- Total calculated
- $1,359,724
- From this org
- $1,301,029
- From related orgs
- $0
- Other
- $58,695
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $273,638
- Bonus
- $999,000
- Other
- $28,391
- Deferred
- $24,483
- Nontaxable benefits
- $34,212
- Filer's total
- $1,359,724
-
Dr Ramesh BabuDR RAMESH BABU
ASSOCIATE DIR, NEUROSURGERY
- Total calculated
- $1,190,598
- From this org
- $1,141,381
- From related orgs
- $0
- Other
- $49,217
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $1,140,649
- Bonus
- $0
- Other
- $732
- Deferred
- $7,258
- Nontaxable benefits
- $41,959
- Filer's total
- $1,190,598
-
Mr Victor G DemarcoMR VICTOR G DEMARCO
SENIOR VICE PRESIDENT/CFO
- Total calculated
- $1,140,757
- From this org
- $1,079,496
- From related orgs
- $0
- Other
- $61,261
- Hours/week
- 40 + 5 related
Schedule J breakdown matched by us
- Base
- $802,591
- Bonus
- $249,000
- Other
- $27,905
- Deferred
- $24,483
- Nontaxable benefits
- $36,778
- Filer's total
- $1,140,757
-
Dr Sindhaghatta VenkatramDR SINDHAGHATTA VENKATRAM
DIRECTOR-GRADUATE MEDICAL EDUC
- Total calculated
- $1,009,389
- From this org
- $942,940
- From related orgs
- $0
- Other
- $66,449
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $292,148
- Bonus
- $650,000
- Other
- $792
- Deferred
- $24,483
- Nontaxable benefits
- $41,966
- Filer's total
- $1,009,389
-
Dr Gilda Diaz-FuentesDR GILDA DIAZ-FUENTES
PHYSICIAN-PULMONARY
- Total calculated
- $1,004,534
- From this org
- $944,555
- From related orgs
- $0
- Other
- $59,979
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $353,244
- Bonus
- $590,000
- Other
- $1,311
- Deferred
- $24,483
- Nontaxable benefits
- $35,496
- Filer's total
- $1,004,534
-
Dr William LoisDR WILLIAM LOIS
CHAIRMAN-SURGERY
- Total calculated
- $900,254
- From this org
- $859,168
- From related orgs
- $0
- Other
- $41,086
- Hours/week
- 39
Schedule J breakdown matched by us
- Base
- $783,486
- Bonus
- $50,000
- Other
- $25,682
- Deferred
- $5,334
- Nontaxable benefits
- $35,752
- Filer's total
- $900,254
-
Mr Hiram TorresMR HIRAM TORRES
VICE PRESIDENT-OPERATIONS
- Total calculated
- $662,489
- From this org
- $595,824
- From related orgs
- $0
- Other
- $66,665
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $459,306
- Bonus
- $135,000
- Other
- $1,518
- Deferred
- $24,483
- Nontaxable benefits
- $42,182
- Filer's total
- $662,489
-
Mr Robert SanchoMR ROBERT SANCHO
VP - EXTERNAL AFFAIRS
- Total calculated
- $625,702
- From this org
- $566,402
- From related orgs
- $0
- Other
- $59,300
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $412,822
- Bonus
- $126,900
- Other
- $26,680
- Deferred
- $24,483
- Nontaxable benefits
- $34,817
- Filer's total
- $625,702
-
Mr Octavio MarinMR OCTAVIO MARIN
VP - LONG TERM CARE
- Total calculated
- $529,722
- From this org
- $470,896
- From related orgs
- $0
- Other
- $58,826
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $357,514
- Bonus
- $105,000
- Other
- $8,382
- Deferred
- $24,483
- Nontaxable benefits
- $34,343
- Filer's total
- $529,722
-
Ms Patricia CahillMS PATRICIA CAHILL
VICE PRESIDENT-NURSING
- Total calculated
- $486,682
- From this org
- $446,327
- From related orgs
- $0
- Other
- $40,355
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $338,945
- Bonus
- $99,000
- Other
- $8,382
- Deferred
- $24,483
- Nontaxable benefits
- $15,872
- Filer's total
- $486,682
-
Mr Jon HughesMR JON HUGHES
VP - REVENUE CYCLE MGMT
- Total calculated
- $412,205
- From this org
- $364,431
- From related orgs
- $0
- Other
- $47,774
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $277,575
- Bonus
- $82,500
- Other
- $4,356
- Deferred
- $5,334
- Nontaxable benefits
- $42,440
- Filer's total
- $412,205
-
Mr John R ColonMR JOHN R COLON
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 4 + 3 related
-
Ms Cristina ToosieMS CRISTINA TOOSIE
VICE CHAIRPERSON/SECRETARY
- Total calculated
- $0
- Hours/week
- 3
-
Ms Rita DimartinoMS RITA DIMARTINO
ASSISTANT SECRETARY
- Total calculated
- $0
- Hours/week
- 3 + 1 related
-
Ms Milagros Baez O'TooleMS MILAGROS BAEZ O'TOOLE
ASSISTANT SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Mr Ricardo Fernandez PhDMR RICARDO FERNANDEZ PHD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Ms Barbara A Lowe RN MPHMS BARBARA A LOWE RN MPH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Mr William AguadoMR WILLIAM AGUADO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Mr Fredrick GilbertMR FREDRICK GILBERT
ASSISTANT SECRETARY since 4/22
- Total calculated
- $0
- Hours/week
- 2
-
Mr David Gomez EdDMR DAVID GOMEZ EDD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Mr Steven LandgraberMR STEVEN LANDGRABER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Ms Sobeida CruzMS SOBEIDA CRUZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Ms Lillian HerandezMS LILLIAN HERANDEZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- SCHEDULE J, PART I, LINE 4B
- All employees on Schedule J, Part II participate in the Health System's supplemental nonqualified retirement plan.
- SCHEDULE J, PART I, LINE 7
- MR. MIGUEL A. FUENTES, JR. RECEIVED $825,439 REPRESENTING AN ANNUAL BONUS AWARDED BY THE BOARD IN RECOGNITION OF THE SIGNIFICANT CONTRIBUTIONS MADE BY MR. FUENTES. THIS BONUS IS BASED ON HIS SUCCESS IN ACHIEVING SPECIFIC TARGETS RELATED TO THE HOSPITAL'S OPERATIONS INCLUDING CONTROL OF GROWTH IN PAYROLL AND MEDICAL QUALITY PERFORMANCE. MR. VICTOR G. DEMARCO, MR. OCTAVIO MARIN, MR. HIRAM TORRES, MR. JON HUGHES, MR. ROBERT SANCHO, AND MS. PATRICIA CAHILL WERE AWARDED BONUSES BY THE PRESIDENT AND CEO FOR ACHIEVEMENT OF GOALS SET FORTH IN THE BEGINNING OF THE YEAR. PHYSICIAN BONUSES ARE DETERMINED BY THE DEPARTMENT CHAIRMAN BASED UPON THE INDIVIDUAL'S CONTRIBUTION TO THE DEPARTMENT.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
MARTIN LUTHER KING JR HEALTH CENTER
501(C)(3) · OUTPATIENT MS · NY · controlled entity
Directly controlled by BRONXCARE HS
-
501(C)(3) · SKILLED NH · NY · controlled entity
Directly controlled by BRONXCARE HS
-
BRONXCARE HEALTH SYSTEM NEW DIRECTIONS
501(C)(3) · FUNDRAISING · NY · controlled entity
Directly controlled by BRONXCARE HS
-
BRONX-LEBANON HIGHBRIDGE WOODYCREST CENT
501(C)(3) · NURSING HOME · NY · controlled entity
Directly controlled by BRONXCARE HS
-
BRONXCARE HOUSING DEVELOPMENT FUND CORPO
501(C)(3) · REDEVELOPMENT · NY · controlled entity
Directly controlled by BRONXCARE HS
-
501(C)(3) · BRONXCARE HS · NY · controlled entity
Directly controlled by BRONXCARE HS
-
501(C)(3) · RENTAL APT BL · NY · controlled entity
Directly controlled by BRONXCARE HS
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
BLHC PPS LLC
TO FACILITATE · NY
Directly controlled by BRONXCARE HS
-
BRONX HEALTH ACCESS IPA INC
TO FACILITATE · NY
Directly controlled by BRONXCARE HS
-
1660 MORRIS AVENUE LLC
REAL EST. DEV · NY
Directly controlled by BRONXCARE HS
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
BRONXCARE DEVELOPMENT CORPORATION
C CORP · REAL ESTATE DEV · NY · 100% owned · share of income -$72 · share of assets $3,032 · controlled entity
Directly controlled by BRONXCARE HS
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 30 April 2023
- IRS schema version
- 2022v5.0
- Source object
- 202313189349311971
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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