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Nonprofiteer
← HOUSING WORKS HEALTH SERVICES III INC

Form 990 for tax year 2022

Filed by HOUSING WORKS HEALTH SERVICES III INC.

Totals

Total revenue
$43,436,596
Total expenses
$38,115,937
Contributions and grants received
$27,955,860
Grants paid
$0
Program service revenue
$6,490,765
Investment income
$0
Other revenue
$8,989,971
Total assets, end of year
$57,736,344
Total liabilities, end of year
$7,023,281
Net assets or fund balances, end of year
$50,713,063
Program services expenses (Part IX)
$35,692,978
Management and general expenses
$2,422,959
Fundraising expenses
$0
Program service expenses (Part III)
$35,692,978

Program services were 93.6% 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)

    $26,915,731

  • 1f · All other contributions, gifts and grants

    $1,040,129

  • 2a · Program service revenue: MEDICAID REVENUE

    total $6,043,033 · related or exempt $6,043,033

  • 2b · Program service revenue: CONTRACT REVENUE

    total $447,732 · related or exempt $447,732

  • 6a · Gross rents

    real property $6,000

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $6,000

  • 6d · Net rental income or loss

    total $6,000 · related or exempt $6,000

  • 10a · Gross sales of inventory

    $21,826,968

  • 10b · Cost of goods sold

    $13,080,052

  • 10c · Net income from sales of inventory

    total $8,746,916 · related or exempt $8,746,916

  • 11a · Other revenue: PTAR

    total $23,705 · related or exempt $23,705

  • 11d · All other revenue

    total $213,350 · related or exempt $213,350

  • 11e · Other revenue, total

    $237,055

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $631,071 · program services $631,071

  • 7 · Other salaries and wages

    total $16,536,824 · program services $16,536,824

  • 8 · Pension plan contributions

    total $72,073 · program services $72,073

  • 9 · Other employee benefits

    total $2,034,044 · program services $2,034,044

  • 10 · Payroll taxes

    total $1,635,996 · program services $1,635,996

  • 11a · Fees: management

    total $2,422,959 · management and general $2,422,959

  • 11b · Fees: legal

    total $17,244 · program services $17,244

  • 11c · Fees: accounting

    total $1,677 · program services $1,677

  • 11g · Fees: other

    total $9,885,832 · program services $9,885,832

  • 13 · Office expenses

    total $702,825 · program services $702,825

  • 16 · Occupancy

    total $576,066 · program services $576,066

  • 17 · Travel

    total $2,365,220 · program services $2,365,220

  • 20 · Interest

    total $99,821 · program services $99,821

  • 22 · Depreciation, depletion and amortization

    total $101,523 · program services $101,523

  • 23 · Insurance

    total $251,158 · program services $251,158

  • 24a · Other expenses: STAFF EXPENSES

    total $224,020 · program services $224,020

  • 24b · Other expenses: CLIENT PARTICIPATION EX

    total $165,936 · program services $165,936

  • 24c · Other expenses: CLIENT STIPENDS/REIMBUR

    total $141,279 · program services $141,279

  • 24d · Other expenses: EQUIPMENT RENTAL, REPAI

    total $98,998 · program services $98,998

  • 24e · All other expenses

    total $151,371 · program services $151,371

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,262,577 · end of year $3,555,635

  • 3 · Pledges and grants receivable

    beginning of year $11,315,121 · end of year $11,006,599

  • 4 · Accounts receivable

    beginning of year $3,231,550 · end of year $4,179,427

  • 9 · Prepaid expenses and deferred charges

    beginning of year $175,123 · end of year $294,821

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

    $8,400,652

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

    $2,518,739

  • 10c · Land, buildings and equipment, net

    beginning of year $5,112,063 · end of year $5,881,913

  • 15 · Other assets

    beginning of year $35,240,279 · end of year $32,817,949

  • 17 · Accounts payable and accrued expenses

    beginning of year $9,487,697 · end of year $4,879,502

  • 23 · Secured mortgages and notes payable

    beginning of year $2,456,612 · end of year $2,143,779

  • 27 · Net assets without donor restrictions

    beginning of year $45,392,404 · end of year $50,713,063

Mission and programs · 2022

Mission

HOUSING WORKS HEALTH SERVICES III IS A FEDERALLY QUALIFIED HEALTH CARE CENTER (FQHC) PROVIDING A BROAD RANGE OF HEALTH SERVICES TO PERSONS LIVING WITH AIDS, HIV-RELATED ILLNESSES AND CHRONIC DISEASES.IN ADDITION, HOUSING WORKS HEALTH SERVICES III PROMOTES AND CARRIES ON CERTAIN SCIENTIFIC RESEARCH AND EDUCATIONAL ACTIVITIES RELATED TO PROVIDING CARE TO THE SICK, INJURED AND DISABLED AND PROMOTING THE HEALTH OF THE PUBLIC.

Activities or mission (Part I)

HEALTH SERVICES TO PERSONS LIVING WITH AIDS, HIV-RELATED ILLNESSES AND CHRONIC DISEASES.

  • HOUSING WORKS HEALTH SERVICES III OPERATES A FACILITY THAT PROVIDES A BROAD RANGE OF HEALTH SERVICES TO PERSONS LIVING WITH AIDS OR HIV-RELATED ILLNESSES. THE FACILITY IS LOCATED AT 2626 PITKIN AVENUE, BROOKLYN, NEW YORK. IN ADDITION TO PROVIDING A WEALTH OF HEALTHCARE SERVICES, HOUSING WORKS HEALTH SERVICES III PROMOTES AND CARRIES ON CERTAIN RESEARCH AND EDUCATIONAL ACTIVITIES RELATED TO PROVIDING CARE TO THE SICK, INJURED AND DISABLED. HOUSING WORKS HEALTH SERVICES III ("HWS3") PARTICIPATES IN THE UNITED STATES FEDERAL PROGRAM REQUIRING DRUG MANUFACTURERS TO PROVIDE OUTPATIENT DRUGS TO ELIGIBLE HEALTH CARE ORGANIZATIONS AT SIGNIFICANTLY REDUCED PRICES. THE INTENT OF THE PROGRAM IS TO ALLOW ENTITIES TO STRETCH FEDERAL RESOURCES, REACHING MORE ELIGIBLE PATIENTS AND PROVIDING MORE COMPREHENSIVE SERVICES TO THEM. HWS3 HAS CONTRACTED WITH COMMUNITY PHARMACIES TO ADMINISTER THESE SERVICES TO THEIR PATIENTS FOR A FEE. THESE CONTRACTS AUTHORIZE THE PHARMACY TO BILL MEDICAID, MEDICARE AND THIRD-PARTY INSURANCE REMITTING THE COLLECTED FUNDS LESS THEIR FEES TO HWS3. THE PHARMACY FEES COVER THE COST OF DRUGS AND ADMINISTRATIVE FEES, AND ALLOW THE PHARMACY TO PURCHASE DIRECTLY FROM THE DRUG WHOLESALERS THE DRUGS WHICH REPLENISH THEIR STOCK.

    Expenses $35,692,978 · Revenue $15,480,736

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Alison Richards

    CLIENT REP

    Total calculated
    $0
    Hours/week
    1

  • Annie Suggs

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Cesar Figueroa

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Chenelle Nixon

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Dr Billy E Jones

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Frank Quintero

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • George Macklin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Germaine Norris

    CLIENT REP

    Total calculated
    $0
    Hours/week
    1

  • Holland Givanchi

    CLIENT REP

    Total calculated
    $0
    Hours/week
    1

  • Kathy Gueye

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Kishor Malavade

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Ladawn Sebastian

    CLIENT REP

    Total calculated
    $0
    Hours/week
    1

  • Marion Conde

    CHAIR

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • Pamela Decuir Johnson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Rev Michelle Taylor

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Ruth Garcia

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Tywan Mata

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Yvonne Telesford

    CLIENT REP

    Total calculated
    $0
    Hours/week
    1

  • Charles King

    MEMBER EX OFFICIO

    Total calculated
    $473,043
    From this org
    $0
    From related orgs
    $456,081
    Other
    $16,962
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $379,919 related
    Bonus
    $0 + $75,400 related
    Other
    $0 + $762 related
    Deferred
    $0 + $4,687 related
    Nontaxable benefits
    $0 + $12,275 related
    Filer's total
    $0 + $473,043 related

  • Jessica Diamond

    EXECUTIVE DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jolanta Ilczuk

    CHIEF FINANCIAL OFFICER

    Total calculated
    $278,658
    From this org
    $273,242
    From related orgs
    $0
    Other
    $5,416
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $237,125
    Bonus
    $35,553
    Other
    $564
    Deferred
    $4,796
    Nontaxable benefits
    $620
    Filer's total
    $278,658

  • Matthew Bernardo

    EXECUTIVE DIRECTOR

    Total calculated
    $369,232
    From this org
    $339,453
    From related orgs
    $0
    Other
    $29,779
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $279,544
    Bonus
    $59,651
    Other
    $258
    Deferred
    $6,104
    Nontaxable benefits
    $23,675
    Filer's total
    $369,232

  • Archimedes Jao

    MEDICAL DIRECTOR

    Total calculated
    $283,625
    From this org
    $256,224
    From related orgs
    $0
    Other
    $27,401
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $240,126
    Bonus
    $15,960
    Other
    $138
    Deferred
    $3,409
    Nontaxable benefits
    $23,992
    Filer's total
    $283,625

  • Deepak Vasishtha

    MEDICAL DOCTOR

    Total calculated
    $276,383
    From this org
    $276,383
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $276,383
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $276,383

  • Pierre Arty

    CHIEF PSYCHIATRIC OFFICER

    Total calculated
    $388,892
    From this org
    $360,782
    From related orgs
    $0
    Other
    $28,110
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $313,193
    Bonus
    $47,331
    Other
    $258
    Deferred
    $4,118
    Nontaxable benefits
    $23,992
    Filer's total
    $388,892

  • Serge Andreyeff

    REGISTERED NURSE

    Total calculated
    $238,058
    From this org
    $236,271
    From related orgs
    $0
    Other
    $1,787
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $178,665
    Bonus
    $57,570
    Other
    $36
    Deferred
    $0
    Nontaxable benefits
    $1,787
    Filer's total
    $238,058

  • Vaty Poitevien

    CHIEF MEDICAL OFFICER

    Total calculated
    $349,177
    From this org
    $331,528
    From related orgs
    $0
    Other
    $17,649
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $285,270
    Bonus
    $46,000
    Other
    $258
    Deferred
    $6,166
    Nontaxable benefits
    $11,483
    Filer's total
    $349,177

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

  • 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)

PART I, LINE 3
ALL COMPENSATION IS DETERMINED BY HOUSING WORKS, INC., THE SOLE MEMBER OF THIS ORGANIZATION.
PART I, LINE 7
AMOUNTS IN COLUMN B(II) REPRESENT BONUSES. THESE AMOUNTS WERE APPROVED BY THE BOARD AND INCLUDED IN THE INDIVIDUAL'S 2022 FORM W-2'S.

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.

  • FITZPATRICK ASSOCIATES LP

    HOUSING · NY

Related corporations and trusts

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

  • BRONX CLAREMONT PARKWAY GP

    C · HOUSING · NY

  • HOUSING WORKS CANNABIS LLC

    C · HOUSING · NY

  • HOUSING WORKS LIRIO HOUSING DEVELOPMENT FUND CORPORATION

    C · HOUSING · NY

  • HW LIRIO INC

    C · HOUSING · NY

Provenance

Return type
form_990
Tax year
2022
Filed
14 May 2024
IRS schema version
2022v5.0
Source object
202431359349309848

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