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← NEW YORK SPINE AND BRAIN SURGERY UNIVERSITY FACULTY PRACTICE CORP

Form 990 for tax year 2024

Filed by NEW YORK SPINE AND BRAIN SURGERY UNIVERSITY FACULTY PRACTICE CORP.

Totals

Total revenue
$25,427,060
Total expenses
$24,941,035
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$25,370,743
Investment income
$0
Other revenue
$56,317
Total assets, end of year
$2,780,574
Total liabilities, end of year
$2,780,574
Net assets or fund balances, end of year
$0
Program services expenses (Part IX)
$22,656,460
Management and general expenses
$2,284,575
Fundraising expenses
$0
Program service expenses (Part III)
$22,656,460

Program services were 90.8% 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: PATIENT SERVICE REVENUE

    total $25,370,743 · related or exempt $25,370,743

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 11a · Other revenue: OTHER INTEREST (COMMON PAYMASTER, CLAIMS

    total $56,317 · excluded $56,317

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $56,317

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $1,991,504 · program services $1,891,929 · management and general $99,575

  • 7 · Other salaries and wages

    total $10,460,345 · program services $10,460,345

  • 8 · Pension plan contributions

    total $581,979 · program services $581,979

  • 9 · Other employee benefits

    total $32,993 · program services $32,993

  • 10 · Payroll taxes

    total $364,077 · program services $364,077

  • 11a · Fees: management

    total $11,500,000 · program services $9,315,000 · management and general $2,185,000

  • 11g · Fees: other

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $10,112 · program services $10,112

  • 24a · Other expenses: Corporate Tax

    total $25 · program services $25

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,294,549 · end of year $2,780,574

  • 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

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

    $0

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

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,294,549 · end of year $2,780,574

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

Mission and programs · 2024

Mission

PROVIDE CLINICAL INSTRUCTION TO AND SUPERVISION OF MEDICAL SCHOOL STUDENTS, INTERNS AND RESIDENTS AND, INCIDENT THERETO, RENDERING PROFESSIONAL SERVICES.

Activities or mission (Part I)

PROVIDE CLINICAL INSTRUCTION TO AND SUPERVISION OF MEDICAL STUDENTS, INTERNS AND RESIDENTS AND, INCIDENT THERETO, RENDERING PROFESSIONAL SERVICES.

  • THE ORGANIZATION PROVIDES SERVICES IN THE FIELD OF NEUROSURGERY TO PATIENTS AND PROVIDES CLINICAL INSTRUCTION TO AND SUPERVISION OF SCHOOL OF MEDICINE STUDENTS AND HOSPITAL RESIDENTS.

    Expenses $22,656,460 · Revenue $25,370,743

As filed on the 2024 return.

Listed in Part VII

  • Michael Egnor

    DIRECTOR/SECRETARY/TREASURER

    Total calculated
    $951,529
    From this org
    $552,792
    From related orgs
    $286,858
    Other
    $111,879
    Hours/week
    40 + 10 related

    Schedule J breakdown matched by us

    Base
    $425,113 + $286,858 related
    Bonus
    $124,243
    Other
    $3,436
    Deferred
    $43,740 + $42,534 related
    Nontaxable benefits
    $3,067 + $22,538 related
    Filer's total
    $599,599 + $351,930 related
  • Raphael Davis

    President & Director

    Total calculated
    $1,664,628
    From this org
    $1,254,891
    From related orgs
    $297,622
    Other
    $112,115
    Hours/week
    40 + 10 related

    Schedule J breakdown matched by us

    Base
    $1,161,170 + $297,622 related
    Bonus
    $91,111
    Other
    $2,610
    Deferred
    $41,400 + $44,148 related
    Nontaxable benefits
    $4,029 + $22,538 related
    Filer's total
    $1,300,320 + $364,308 related
  • Frederick Gutman

    DIRECTOR

    Total calculated
    $276,820
    From this org
    $79,395
    From related orgs
    $162,697
    Other
    $34,728
    Hours/week
    40 + 10 related

    Schedule J breakdown matched by us

    Base
    $61,800 + $162,697 related
    Bonus
    $15,000
    Other
    $2,595
    Deferred
    $9,216
    Nontaxable benefits
    $2,974 + $22,538 related
    Filer's total
    $91,585 + $185,235 related
  • Charles Mikell

    NEUROLOGICAL SURGEON

    Total calculated
    $924,489
    From this org
    $775,394
    From related orgs
    $75,792
    Other
    $73,303
    Hours/week
    40 + 10 related

    Schedule J breakdown matched by us

    Base
    $673,784 + $75,792 related
    Bonus
    $99,000
    Other
    $2,610
    Deferred
    $41,400 + $7,579 related
    Nontaxable benefits
    $1,786 + $22,538 related
    Filer's total
    $818,580 + $105,909 related
  • David Chesler

    NEUROLOGICAL SURGEON

    Total calculated
    $1,008,639
    From this org
    $855,368
    From related orgs
    $79,586
    Other
    $73,685
    Hours/week
    40 + 10 related

    Schedule J breakdown matched by us

    Base
    $751,508 + $79,586 related
    Bonus
    $101,250
    Other
    $2,610
    Deferred
    $41,400 + $7,959 related
    Nontaxable benefits
    $1,788 + $22,538 related
    Filer's total
    $898,556 + $110,083 related
  • David Fiorella

    NEUROLOGICAL SURGEON

    Total calculated
    $2,148,084
    From this org
    $1,898,029
    From related orgs
    $163,364
    Other
    $86,691
    Hours/week
    40 + 10 related

    Schedule J breakdown matched by us

    Base
    $1,530,419 + $163,364 related
    Bonus
    $365,000
    Other
    $2,610
    Deferred
    $41,400 + $21,237 related
    Nontaxable benefits
    $1,516 + $22,538 related
    Filer's total
    $1,940,945 + $207,139 related
  • Harry Mushlin

    NEUROLOGICAL SURGEON

    Total calculated
    $1,083,217
    From this org
    $954,816
    From related orgs
    $63,875
    Other
    $64,526
    Hours/week
    40 + 10 related

    Schedule J breakdown matched by us

    Base
    $611,956 + $63,875 related
    Bonus
    $340,250
    Other
    $2,610
    Deferred
    $41,400
    Nontaxable benefits
    $588 + $22,538 related
    Filer's total
    $996,804 + $86,413 related
  • Reza Dashti

    NEUROLOGICAL SURGEON

    Total calculated
    $1,110,601
    From this org
    $813,305
    From related orgs
    $211,609
    Other
    $85,687
    Hours/week
    40 + 10 related

    Schedule J breakdown matched by us

    Base
    $748,195 + $211,609 related
    Bonus
    $62,500
    Other
    $2,610
    Deferred
    $41,400 + $21,161 related
    Nontaxable benefits
    $588 + $22,538 related
    Filer's total
    $855,293 + $255,308 related

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

  • 1a · First-class or charter travel
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation survey or study
  • 7 · Other non-fixed payments

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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 1a First-class or charter travel
THE AMOUNTS REIMBURSED WERE NOT TREATED AS TAXABLE COMPENSATION. THIS BENEFIT IS SUBJECT TO THE GUIDELINES FOR NONFIXED PAYMENTS. EMPLOYEES ARE REIMBURSED FOR BUSINESS EXPENSES THAT RELATE TO THE PRACTICE OF MEDICINE. AIRFARE WAS PROVIDED TO NEUROLOGICAL SURGEON DAVID FIORELLA, MD. WHO WAS REIMBURSED FOR THE COST AS NOTED BELOW. * FIRST CLASS ROUND TRIP FOR NSG ISC STROKE CONFERENCE 2025 IN CALIFORNIA, ASNR 2025 IN PENNSYLVANIA, SNIS Cerebral Venous and CSF disorders Summit IN HAWAII
Schedule J, Part I, Line 7 Non-fixed payments
THE OFFICERS RECEIVED COMPENSATION OVER BASE SALARY INCLUDING THE BONUS DETERMINED AT THE ORGANIZATION'S DISCRETION OR BASED SPECIFICALLY ON BONUS PLANS SET BY THE ENTITY, DETERMINED AS REASONABLE. THIS BENEFIT IS SUBJECT TO THE GUIDELINES FOR NONFIXED PAYMENTS

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.

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.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • STONY BROOK HEALTHCARE IPA LL

    Related · HEALTHCARE · NY

    Directly controlled by CPMP

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • NICOLLS INDEMNITY SOLUTIONS SPC

    C Corporation · Self-Insurance · CJ

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2024
Filed
5 May 2026
IRS schema version
2024v5.1
Source object
202621259349301817

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