Form 990 for tax year 2023
Filed by ONE BROOKLYN HEALTH SYSTEM INC.
Totals
- Total revenue
- $112,735,553
- Total expenses
- $5,252
- Contributions and grants received
- $112,735,553
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $208,979,332
- Total liabilities, end of year
- $74,069,487
- Net assets or fund balances, end of year
- $134,909,845
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $5,252
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 0.0% 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.
-
1f · All other contributions, gifts and grants
$112,735,553
Functional expenses
Part IX, the statement of functional expenses.
-
13 · Office expenses
total $5,252 · management and general $5,252
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $2,227,696 · end of year $5,543,589
-
9 · Prepaid expenses and deferred charges
beginning of year $337,888 · end of year $337,888
-
10a · Land, buildings and equipment: cost or other basis
$203,097,855
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $142,458,524 · end of year $203,097,855
-
17 · Accounts payable and accrued expenses
beginning of year $18,535,836 · end of year $28,321,707
-
19 · Deferred revenue
beginning of year $41,846,360 · end of year $45,747,780
-
27 · Net assets without donor restrictions
beginning of year -$25,654,630 · end of year $84,641,912
-
28 · Net assets with donor restrictions
beginning of year $110,296,542 · end of year $50,267,933
Mission and programs · 2023
Mission
ONE BROOKLYN HEALTH SYSTEM, INC. (THE SYSTEM), WAS FORMED IN OCTOBER 2016, AS A CHARITABLE CORPORATION ORGANIZED UNDER THE NOT-FOR-PROFIT CORPORATION LAW OF THE STATE OF NEW YORK. AMONG ITS PURPOSES, THE SYSTEM WAS FORMED TO FOSTER AND PROMOTE WELLNESS AND GENERAL HEALTH OF THE PEOPLE OF BROOKLYN, NEW YORK BY SUPPORTING AND FACILTATING THE INTEGRATION AND COODINATION OF CARE THROUGH PROMOTING AND ADVANCING RELATIONSHIPS BETWEEN HEALTHCARE INSTITUTIONS AND HEALTHCARE PROVIDERS IN BROOKLYN AND THE COMMUNITIES THEY SERVE.
-
ONE BROOKLYN HEALTH SYSTEM, INC. (THE SYSTEM), WAS FORMED IN OCTOBER 2016, AS A CHARITABLE CORPORATION ORGANIZED UNDER THE NOT-FOR-PROFIT CORPORATION LAW OF THE STATE OF NEW YORK. AMONG ITS PURPOSES, THE SYSTEM WAS FORMED TO FOSTER AND PROMOTE WELLNESS AND GENERAL HEALTH OF THE PEOPLE OF BROOKLYN, NEW YORK BY SUPPORTING AND FACILTATING THE INTEGRATION AND COODINATION OF CARE THROUGH PROMOTING AND ADVANCING RELATIONSHIPS BETWEEN HEALTHCARE INSTITUTIONS AND HEALTHCARE PROVIDERS IN BROOKLYN AND THE COMMUNITIES THEY SERVE.
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Alex RovtALEX ROVT
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 0.05 + 0.95 related
-
Anthony Clemenza SrANTHONY CLEMENZA SR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.05 + 0.95 related
-
Bishop R C Hugh NelsonBISHOP R C HUGH NELSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.05 + 0.95 related
-
Dr Joseph CuiffoDR JOSEPH CUIFFO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.05 + 0.95 related
-
Edna Wells-HandyEDNA WELLS-HANDY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.05 + 0.95 related
-
Henna WhiteHENNA WHITE
SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 0.05 + 0.95 related
-
Hope MasonHOPE MASON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.05 + 0.95 related
-
Mark SheltonMARK SHELTON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.05 + 0.95 related
-
Maurice A ReidMAURICE A REID
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.05 + 0.95 related
-
Michael IrwinMICHAEL IRWIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.05 + 0.95 related
-
Michael L NairneMICHAEL L NAIRNE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.05 + 0.95 related
-
Michael ScagnelliMICHAEL SCAGNELLI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.05 + 0.95 related
-
Nusin ShternNUSIN SHTERN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.05 + 0.95 related
-
Rabbi Aryeh KatzinRABBI ARYEH KATZIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.05 + 0.95 related
-
Rev WatermanREV WATERMAN
VICE-CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 0.05 + 0.95 related
-
Richard E GreenRICHARD E GREEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.05 + 0.95 related
-
Victor AyalaVICTOR AYALA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.05 + 0.95 related
-
Dr Sofia NovakDR SOFIA NOVAK
TRUSTEE FROM 05/19/23
- Total calculated
- $0
- Hours/week
- 0.05 + 0.95 related
-
Laray BrownLARAY BROWN
CEO OBHS & PRESIDENT & CEO - 12/31/23
- Total calculated
- $1,259,778
- From this org
- $0
- From related orgs
- $1,245,178
- Other
- $14,600
- Hours/week
- 0.05 + 45.35 related
Schedule J breakdown matched by us
- Base
- $0 + $1,244,560 related
- Bonus
- $0
- Other
- $0 + $618 related
- Deferred
- $0 + $11,550 related
- Nontaxable benefits
- $0 + $3,050 related
- Filer's total
- $0 + $1,259,778 related
-
Michelle FigueroaMICHELLE FIGUEROA
CFO - STARTED 7/10/23
- Total calculated
- $301,376
- From this org
- $0
- From related orgs
- $300,222
- Other
- $1,154
- Hours/week
- 0.05 + 45.35 related
Schedule J breakdown matched by us
- Base
- $0 + $299,412 related
- Bonus
- $0
- Other
- $0 + $810 related
- Deferred
- $0
- Nontaxable benefits
- $0 + $1,154 related
- Filer's total
- $0 + $301,376 related
-
John SchmittJOHN SCHMITT
INTERIM CFO - THROUGH 7/10/23
- Total calculated
- $769,511
- From this org
- $0
- From related orgs
- $705,999
- Other
- $63,512
- Hours/week
- 0.05 + 45.35 related
Schedule J breakdown matched by us
- Base
- $0 + $700,107 related
- Bonus
- $0
- Other
- $0 + $5,892 related
- Deferred
- $0 + $11,550 related
- Nontaxable benefits
- $0 + $51,962 related
- Filer's total
- $0 + $769,511 related
-
Reginald BullockREGINALD BULLOCK
GENERAL COUNSEL - ASSISTANT SECRETARY
- Total calculated
- $499,247
- From this org
- $0
- From related orgs
- $427,903
- Other
- $71,344
- Hours/week
- 0.05 + 45.35 related
Schedule J breakdown matched by us
- Base
- $0 + $424,822 related
- Bonus
- $0
- Other
- $0 + $3,081 related
- Deferred
- $0 + $11,550 related
- Nontaxable benefits
- $0 + $59,794 related
- Filer's total
- $0 + $499,247 related
-
Dr Sandra ScottDR SANDRA SCOTT
EXE. DIR.-OBH & INTERIM CEO FROM 1/1/24
- Total calculated
- $708,028
- From this org
- $0
- From related orgs
- $640,074
- Other
- $67,954
- Hours/week
- 0.05 + 45.35 related
Schedule J breakdown matched by us
- Base
- $0 + $637,752 related
- Bonus
- $0
- Other
- $0 + $2,322 related
- Deferred
- $0 + $11,550 related
- Nontaxable benefits
- $0 + $56,404 related
- Filer's total
- $0 + $708,028 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
None.
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.
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501(C)(3) · PARKING GARAGE · NY · controlled entity
Directly controlled by ONE BROOKLYN HEALTH SYSTEM INC
-
BROOKDALE FAMILY CARE CENTERS INC
501(C)(3) · HEALTHCARE · NY · controlled entity
Directly controlled by ONE BROOKLYN HEALTH SYSTEM INC
-
BROOKDALE HOSPITAL MEDICAL CENTER
501(C)(3) · HEALTHCARE · NY · controlled entity
Directly controlled by ONE BROOKLYN HEALTH SYSTEM INC
-
BROOKDALE RESIDENCE HOUSING DEVELOPMENT
501(C)(3) · HOUSING · NY · controlled entity
Directly controlled by ONE BROOKLYN HEALTH SYSTEM INC
-
KINGSBROOK HEALTHCARE SYSTEM INC
501(C)(3) · SUPPORT ORG · NY · controlled entity
Directly controlled by ONE BROOKLYN HEALTH SYSTEM INC
-
501(C)(3) · SUPPORT ORG · NY · controlled entity
Directly controlled by ONE BROOKLYN HEALTH SYSTEM INC
-
501(C)(3) · HEALTHCARE · NY · controlled entity
Directly controlled by ONE BROOKLYN HEALTH SYSTEM INC
-
SAMUEL AND BERTHA SCHULMAN INSTITUTE FUND INC
501(C)(3) · HEALTHCARE · NY
Directly controlled by THE SCHULMAN AND SCHACHNE INSTITUTE FOR NURSING AND REHABILITATIONINC
-
THE SCHULMAN & SCHACHNE INSTITUTE FOR NURSING AND REHABILITATION INC
501(C)(3) · HEALTHCARE · NY · controlled entity
Directly controlled by ONE BROOKLYN HEALTH SYSTEM INC
-
501(C)(3) · HEALTHCARE · NY · controlled entity
Directly controlled by ONE BROOKLYN HEALTH SYSTEM INC
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 corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
BROOKDALE RX
C · RETAIL PHARMACY · NY
-
INTERFAITH EMERGENCY MEDICINE PC
C · PHYSICIAN BILLING · NY
-
INTERFAITH PROFESSIONAL PHYSICIAN SVC PC
C · PHYSICIAN BILLING · NY
-
INTERFAITH PSYCHIATRY SERVICES PC
C · PHYSICIAN BILLING · NY
-
SMILE BROOKLYN DENTAL PC
C · PHYSICIAN BILLING · NY
-
KSI INC
C · INACTIVE · NY
-
SINGULAB INC
C · INACTIVE · DE
-
ATM NURSE REGISTRY
C · INACTIVE · NY
-
KINGSBROOK LTACH INC
C · INACTIVE · NY
-
KINGSBROOK MEDICAL ASSOCIATES PC
C · BILLING & COLLECTION · NY
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433199349313763
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