Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $59,226,981

• 1f · All other contributions, gifts and grants

  $8,154,682

• 2a · Program service revenue: MEDICAID

  total $82,477,074 · related or exempt $82,477,074 · unrelated business $0 · excluded $0

• 2b · Program service revenue: MEDICARE

  total $37,711,264 · related or exempt $37,711,264 · unrelated business $0 · excluded $0

• 2c · Program service revenue: PATIENT SERVICE REV.

  total $25,512,856 · related or exempt $25,512,856 · unrelated business $0 · excluded $0

• 2d · Program service revenue: CAPITATION REVENUE

  total $10,272,289 · related or exempt $10,272,289 · unrelated business $0 · excluded $0

• 2e · Program service revenue: CMP CONTRACTED REVENUE

  total $1,591,567 · related or exempt $1,591,567 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $3,351,991 · excluded $3,351,991

• 11a · Other revenue: PHARMACY REVENUE

  total $5,000,745 · related or exempt $5,000,745 · unrelated business $0 · excluded $0

• 11b · Other revenue: NYS HEALTHCARE WORKERS

  total $1,817,670 · related or exempt $1,817,670 · unrelated business $0 · excluded $0

• 11c · Other revenue: EMPLOYEE RETENTION CRE

  total $983,855 · related or exempt $983,855 · unrelated business $0 · excluded $0

• 11d · All other revenue

  total $1,872,952 · related or exempt $1,872,952

• 11e · Other revenue, total

  $9,675,222

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $3,620,514 · program services $3,620,514

• 5 · Compensation of officers, directors and key employees

  total $3,039,098 · program services $2,698,415 · management and general $340,683

• 7 · Other salaries and wages

  total $117,077,743 · program services $104,053,617 · management and general $13,024,126

• 8 · Pension plan contributions

  total $10,296,747 · program services $8,958,170 · management and general $1,338,577

• 9 · Other employee benefits

  total $27,447,789 · program services $23,908,652 · management and general $3,539,137

• 10 · Payroll taxes

  total $8,490,400 · program services $7,386,648 · management and general $1,103,752

• 11a · Fees: management

  total $4,108,370 · program services $2,629,357 · management and general $1,479,013

• 11b · Fees: legal

  total $113,611 · management and general $113,611

• 11c · Fees: accounting

  total $293,908 · management and general $293,908

• 11g · Fees: other

  total $550 · program services $550

• 12 · Advertising and promotion

  total $17,833 · program services $17,360 · management and general $473

• 13 · Office expenses

  total $12,934,967 · program services $12,607,187 · management and general $327,780

• 14 · Information technology

  total $355,716 · program services $35,572 · management and general $320,144

• 16 · Occupancy

  total $2,591,345 · program services $2,567,494 · management and general $23,851

• 17 · Travel

  total $702,424 · program services $597,060 · management and general $105,364

• 19 · Conferences, conventions and meetings

  total $430,996 · program services $353,675 · management and general $77,321

• 22 · Depreciation, depletion and amortization

  total $1,248,622 · program services $1,123,902 · management and general $124,720

• 24a · Other expenses: PURCHASED SERVICES

  total $20,657,490 · program services $19,889,528 · management and general $767,962 · fundraising $0

• 24b · Other expenses: PHYSICIAN PAYMENTS

  total $1,987,767 · program services $1,987,767 · management and general $0 · fundraising $0

• 24c · Other expenses: REPAIRS & MAINTENANCE

  total $1,328,563 · program services $1,202,105 · management and general $126,458 · fundraising $0

• 24d · Other expenses: SUB-CONTRACTS

  total $1,107,785 · program services $1,107,785

• 24e · All other expenses

  total $4,291,713 · program services $3,934,130 · management and general $357,583

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $77,541,846 · end of year $87,835,366

• 3 · Pledges and grants receivable

  beginning of year $14,106,548 · end of year $16,512,339

• 4 · Accounts receivable

  beginning of year $9,751,159 · end of year $10,142,861

• 9 · Prepaid expenses and deferred charges

  beginning of year $331,104 · end of year $354,934

• 10a · Land, buildings and equipment: cost or other basis

  $58,238,990

• 10b · Land, buildings and equipment: accumulated depreciation

  $41,710,401

• 10c · Land, buildings and equipment, net

  beginning of year $13,401,535 · end of year $16,528,589

• 15 · Other assets

  beginning of year $24,672,978 · end of year $24,000,865

• 17 · Accounts payable and accrued expenses

  beginning of year $23,673,643 · end of year $20,181,492

• 19 · Deferred revenue

  beginning of year $3,144,000 · end of year $3,384,885

• 25 · Other liabilities

  beginning of year $20,898,119 · end of year $23,889,194

• 27 · Net assets without donor restrictions

  beginning of year $91,125,005 · end of year $106,924,120

• 28 · Net assets with donor restrictions

  beginning of year $964,403 · end of year $995,263

The filer's explanations (Part III)

PART I, LINE 4B

LARRY MCREYNOLDS PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN (457F PLAN) AND THE REPORTING YEAR DEFERRALS ARE INCLUDED IN THE FORM 990, SCHEDULE J, PART II, COLUMN C. MR. MCREYNOLDS RECEIVED A SERP IN 2022 WHICH WAS ACCRUED OVER THREE YEARS AND IS RELATED TO A RETENTION BONUS.

PART I, LINE 7

SUNSET PARK HEALTH COUNCIL INC., D.B.A. FAMILY HEALTH CENTERS DOES NOT HAVE A FORMAL EXECUTIVE INCENTIVE PROGRAM IN PLACE. EXECUTIVE INCENTIVE AWARDS ARE DISCRETIONARY. THE CEO'S INCENTIVE AWARD IS DETERMINED BY THE BOARD OF DIRECTORS, CONSIDERING ITEMS SUCH AS FINANCIAL GOALS OF THE NETWORK, INCREASING THE OVERALL GRANT REVENUE, QUALITY AND QUANTITY OF PROGRAMS OF THE HEALTH CENTER, SERVICE DELIVERY SITES AND INCREASING THE NATIONAL REPUTATION OF THE HEALTH CENTER (FOR EXAMPLE, THROUGH REPRESENTATION AT THE WHITE HOUSE AND OTHER PROMINENT VENUES). THE CEO RECOMMENDS TO THE BOARD OF DIRECTORS INCENTIVE AWARDS FOR OTHER SENIOR EXECUTIVES BASED ON WORK PERFORMANCE DURING THE YEAR SUCH AS FINANCIAL PERFORMANCE, PATIENT SATISFACTION, QUALITY OF CARE, ETC. THE BOARD OF DIRECTORS, VIA THE EXECUTIVE COMPENSATION COMMITTEE, RETAINS THE RIGHT TO APPROVE OR DISAPPROVE ALL INCENTIVE COMPENSATION AND MAKES ITS DECISIONS IN THE CONTEXT OF MARKET DATA PROVIDED BY THE EXTERNAL CONSULTING FIRM RETAINED BY THE COMMITTEE TO ASSIST IN EXECUTIVE COMPENSATION MATTERS. KEY EMPLOYEES: THEIR DIRECT SUPERVISOR. GOALS ARE RELATED TO THEIR PARTICULAR UNITS AND PROVIDER RECRUITMENT, AND PROGRAM REDESIGN AMONG OTHERS. INCENTIVES ARE CONTRACTS AND THESE CONTRACTS ARE DEVELOPED BASED UPON MARKET DATA PROVIDED INCENTIVES FOR KEY EMPLOYEES ARE BASED ON ANNUAL GOALS PRE-ESTABLISHED WITH AREAS OF EXPERTISE, AND THEY INCLUDE AREAS SUCH AS QUALITY IMPROVEMENT, PART OF THE OVERALL COMPENSATION PACKAGE PROVIDED IN ACCORDANCE WITH THEIR BY THE EXTERNAL CONSULTING FIRM THE HEALTH CENTER USES.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• SOUTH WEST BROOKLYN DENTAL PRACTICE PLLC

  DENTAL ORTHODONTICS · NY · income $2,070,000 · assets $1,763,000

  Directly controlled by SUNSET PARK HEALTH COUNCIL INC

• SUNSET BAY COMMUNITY SERVICES INC

  COMMUNITY SERVICES (DAY CARE & SENIOR SVCES) · NY · income $0 · assets $1,613,000

  Directly controlled by SUNSET PARK HEALTH COUNCIL INC