Skip to content
Nonprofiteer
← EMPIRE STATE MEDICAL SCIENTIFIC AND EDUCATIONAL FOUNDATION INC

Form 990 for tax year 2022

Filed by EMPIRE STATE MEDICAL SCIENTIFIC AND EDUCATIONAL FOUNDATION INC.

Totals

Total revenue
$6,846,938
Total expenses
$6,863,619
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$6,843,190
Investment income
$3,384
Other revenue
$364
Total assets, end of year
$9,512,498
Total liabilities, end of year
$3,398,344
Net assets or fund balances, end of year
$6,114,154
Program services expenses (Part IX)
$5,930,521
Management and general expenses
$933,098
Fundraising expenses
$0
Program service expenses (Part III)
$5,930,521

Program services were 86.4% 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.

  • 2a · Program service revenue: PROG.SERV.REVENUE-RELA

    total $5,627,050 · related or exempt $4,662,237 · unrelated business $964,813

  • 2b · Program service revenue: PROG.SERV.REVENUE-RELA

    total $1,216,140 · related or exempt $1,216,140

  • 3 · Investment income

    total $3,384 · excluded $3,384

  • 11a · Other revenue: MISC. REVENUE-RELATED-

    total $364 · excluded $364

  • 11e · Other revenue, total

    $364

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $589,301 · program services $224,479 · management and general $364,822

  • 7 · Other salaries and wages

    total $2,945,250 · program services $2,779,031 · management and general $166,219

  • 9 · Other employee benefits

    total $758,941 · program services $645,100 · management and general $113,841

  • 10 · Payroll taxes

    total $7,467 · program services $6,347 · management and general $1,120

  • 11b · Fees: legal

    total $32,074 · management and general $32,074

  • 11c · Fees: accounting

    total $49,768 · management and general $49,768

  • 11g · Fees: other

    total $1,085,781 · program services $1,017,533 · management and general $68,248

  • 13 · Office expenses

    total $262,641 · program services $248,692 · management and general $13,949

  • 16 · Occupancy

    total $547,894 · program services $470,787 · management and general $77,107

  • 17 · Travel

    total $2,979 · management and general $2,979

  • 22 · Depreciation, depletion and amortization

    total $18,431 · program services $15,666 · management and general $2,765

  • 24a · Other expenses: EQUIPMENT

    total $259,634 · program services $220,689 · management and general $38,945

  • 24b · Other expenses: GRANTS

    total $150,000 · program services $150,000

  • 24c · Other expenses: CRITERIA EXPENSE

    total $139,287 · program services $139,287

  • 24d · Other expenses: MISC

    total $8,404 · program services $7,143 · management and general $1,261

  • 24e · All other expenses

    total $5,767 · program services $5,767

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $150 · end of year $5,224,271

  • 2 · Savings and temporary cash investments

    beginning of year $5,596,375

  • 4 · Accounts receivable

    beginning of year $796,063 · end of year $1,123,478

  • 9 · Prepaid expenses and deferred charges

    beginning of year $143,699 · end of year $243,912

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

    $252,844

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

    $169,891

  • 10c · Land, buildings and equipment, net

    beginning of year $41,384 · end of year $82,953

  • 15 · Other assets

    beginning of year $42,753 · end of year $2,837,884

  • 17 · Accounts payable and accrued expenses

    beginning of year $360,300 · end of year $400,185

  • 19 · Deferred revenue

    beginning of year $26,178 · end of year $26,058

  • 25 · Other liabilities

    beginning of year $2,742 · end of year $2,972,101

  • 27 · Net assets without donor restrictions

    beginning of year $6,231,204 · end of year $6,114,154

Mission and programs · 2022

Mission

MEDICAL, SCIENTIFIC, AND EDUCATIONAL.

Activities or mission (Part I)

MEDICAL PEER REVIEW

  • THE ORGANIZATION PERFORMS PEER REVIEW SERVICES WITHIN THE MEDICAL PROFESSION ASSURING THE QUALITY AND NECESSITY OF SERVICES PROVIDED TO PATIENTS. IT ALSO PROVIDES MEDICAL DISPUTE RESOLUTION SERVICES UNDER CONTRACTS WITH NOT-FOR-PROFIT HOSPITALS AND/OR INSURANCE COMPANIES AND OTHER PRIVATE PAYORS.

    Expenses $5,930,521 · Revenue $5,878,377

As filed on the 2022 return.

Listed in Part VII

  • JOHN FULCO MD

    DIRECTOR

    Total calculated
    $1,200
    From this org
    $1,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • LEAH MCCORMACK MD

    BOARD PRESIDENT

    Total calculated
    $1,200
    From this org
    $1,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • EDWARD TANNER MD

    DIRECTOR

    Total calculated
    $600
    From this org
    $600
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • ROBERT FRANKEL MD

    DIRECTOR

    Total calculated
    $1,200
    From this org
    $1,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • JOSEPH MALDONADO MD

    DIRECTOR

    Total calculated
    $1,200
    From this org
    $1,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • KIRA GERACI MD

    DIRECTOR

    Total calculated
    $1,200
    From this org
    $1,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • ROBERT HUGHES MD

    DIRECTOR

    Total calculated
    $900
    From this org
    $900
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • PARAG MEHTA MD

    DIRECTOR

    Total calculated
    $1,200
    From this org
    $1,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • LOUIS AUGUSTE MD

    DIRECTOR

    Total calculated
    $1,200
    From this org
    $1,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • FRANCES SCOTT

    EXECUTIVE VICE PRESIDENT

    Total calculated
    $190,576
    From this org
    $190,576
    From related orgs
    $0
    Other
    $0
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $190,576
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $190,576

  • ROBERTA BOCKER

    CHIEF OPERATING OFFICER - DOWNSTATE

    Total calculated
    $164,346
    From this org
    $164,346
    From related orgs
    $0
    Other
    $0
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $164,346
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $164,346

  • ANNA M GEORGIADIS

    SENIOR REGISTERED NURSE

    Total calculated
    $115,473
    From this org
    $115,473
    From related orgs
    $0
    Other
    $0
    Hours/week
    35

  • MARLEY GARCIA

    SENIOR NURSE REVIEWER

    Total calculated
    $109,006
    From this org
    $109,006
    From related orgs
    $0
    Other
    $0
    Hours/week
    35

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 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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.

Provenance

Return type
form_990
Tax year
2022
Filed
15 May 2023
IRS schema version
2022v5.0
Source object
202301309349301975

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.