Skip to content
Nonprofiteer
← BRONXCARE DR MARTIN LUTHER KING JR HEALTH CENTER

Form 990 for tax year 2022

Filed by BRONXCARE DR MARTIN LUTHER KING JR HEALTH CENTER.

Totals

Total revenue
$53,562,548
Total expenses
$46,427,113
Contributions and grants received
$4,146,505
Grants paid
$0
Program service revenue
$49,024,278
Investment income
$391,765
Other revenue
$0
Total assets, end of year
$47,703,831
Total liabilities, end of year
$34,031,225
Net assets or fund balances, end of year
$13,672,606
Program services expenses (Part IX)
$40,997,484
Management and general expenses
$5,429,629
Fundraising expenses
$0
Program service expenses (Part III)
$40,997,484

Program services were 88.3% 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.

  • 1d · Related organizations

    $575,501

  • 1e · Government grants (contributions)

    $3,571,004

  • 1g · Noncash contributions included above

    $588,573

  • 2a · Program service revenue: PATIENT REVENUE

    total $49,024,278 · related or exempt $49,024,278

  • 3 · Investment income

    total $391,765 · excluded $391,765

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8a · Fundraising events: gross income

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $262,970 · program services $232,591 · management and general $30,379

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $18,352,232 · program services $16,232,132 · management and general $2,120,100

  • 8 · Pension plan contributions

    total $1,752,679 · program services $1,582,783 · management and general $169,896

  • 9 · Other employee benefits

    total $4,322,584 · program services $3,903,842 · management and general $418,742

  • 10 · Payroll taxes

    total $1,494,171 · program services $1,284,497 · management and general $209,674

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $169,633 · management and general $169,633

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $5,613,316 · program services $4,411,974 · management and general $1,201,342

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $6,473,092 · program services $6,402,173 · management and general $70,919

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $5,652,582 · program services $5,652,582

  • 17 · Travel

    total $0

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $1,147,058 · program services $1,147,058

  • 23 · Insurance

    total $0

  • 24a · Other expenses: NEW YORK STATE ASSESSMENT

    total $90,521 · program services $90,521

  • 24b · Other expenses: OTHER

    total $1,096,275 · program services $57,331 · management and general $1,038,944

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,013,232 · end of year $2,288,190

  • 2 · Savings and temporary cash investments

    beginning of year $24,690,740 · end of year $30,690,740

  • 3 · Pledges and grants receivable

    beginning of year $646,197 · end of year $365,408

  • 4 · Accounts receivable

    beginning of year $4,211,219 · end of year $3,989,910

  • 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

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $6,082 · end of year $94,485

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

    $24,671,265

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

    $20,852,470

  • 10c · Land, buildings and equipment, net

    beginning of year $4,533,716 · end of year $3,818,795

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $1,913,179 · end of year $6,456,303

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,657,055 · end of year $4,768,935

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $26,820,139 · end of year $29,262,290

  • 27 · Net assets without donor restrictions

    beginning of year $6,537,171 · end of year $13,672,606

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2022

Mission

TO DELIVER COMPREHENSIVE, QUALITY AND EFFICIENT PRIMARY AND AMBULATORY HEALTH CARE SERVICES TO ADDRESS THE HEALTH CARE NEEDS OF THE RESIDENTS OF THE SOUTH AND CENTRAL BRONX, AND OF ALL THE OTHER COMMUNITIES WE SERVE, AND TO ENHANCE THE REPUTATION OF THE HEALTH CENTER AS ONE OF THE PREMIER COMMUNITY HEALTH CENTERS IN THE BRONX AND NEW YORK CITY.

Activities or mission (Part I)

TO PROVIDE A BROAD RANGE OF HEALTH SERVICES TO A POPULATION THAT IS LARGELY ECONOMICALLY DEPRIVED.

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $40,997,484 · Revenue $49,024,278

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • Mr Miguel A Fuentes Jr

    PRESIDENT AND CEO

    Total calculated
    $2,351,398
    From this org
    $0
    From related orgs
    $2,291,637
    Other
    $59,761
    Hours/week
    1 + 44 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,457,793 related
    Bonus
    $0 + $825,439 related
    Other
    $0 + $8,405 related
    Deferred
    $0 + $24,483 related
    Nontaxable benefits
    $0 + $35,278 related
    Filer's total
    $0 + $2,351,398 related

  • Mr Victor G Demarco

    SENIOR VICE PRESIDENT AND CFO

    Total calculated
    $1,140,757
    From this org
    $0
    From related orgs
    $1,079,496
    Other
    $61,261
    Hours/week
    1 + 44 related

    Schedule J breakdown matched by us

    Base
    $0 + $802,591 related
    Bonus
    $0 + $249,000 related
    Other
    $0 + $27,905 related
    Deferred
    $0 + $24,483 related
    Nontaxable benefits
    $0 + $36,778 related
    Filer's total
    $0 + $1,140,757 related

  • Sharon Kim MD

    CHIEF OF SERVICE INTERNAL MEDI

    Total calculated
    $498,428
    From this org
    $423,551
    From related orgs
    $0
    Other
    $74,877
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $383,144
    Bonus
    $40,254
    Other
    $153
    Deferred
    $24,483
    Nontaxable benefits
    $50,394
    Filer's total
    $498,428

  • Jose Tiburcio MD

    PHYSICIAN-PSYCHIATRY

    Total calculated
    $467,639
    From this org
    $401,126
    From related orgs
    $0
    Other
    $66,513
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $245,450
    Bonus
    $145,000
    Other
    $10,676
    Deferred
    $24,483
    Nontaxable benefits
    $42,030
    Filer's total
    $467,639

  • Ayilam Sudhakar MD

    PHYSICIAN- MEDICINE

    Total calculated
    $434,729
    From this org
    $408,799
    From related orgs
    $0
    Other
    $25,930
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $370,669
    Bonus
    $16,838
    Other
    $21,292
    Deferred
    $24,483
    Nontaxable benefits
    $1,447
    Filer's total
    $434,729

  • Marcel Perl MD

    PHYSICIAN-MEDICINE

    Total calculated
    $423,013
    From this org
    $402,774
    From related orgs
    $0
    Other
    $20,239
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $402,666
    Bonus
    $0
    Other
    $108
    Deferred
    $5,334
    Nontaxable benefits
    $14,905
    Filer's total
    $423,013

  • Sasidhar Gunturu MD

    PHYSICIAN-PSYCHIATRY

    Total calculated
    $370,907
    From this org
    $318,283
    From related orgs
    $0
    Other
    $52,624
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $291,789
    Bonus
    $26,386
    Other
    $108
    Deferred
    $18,056
    Nontaxable benefits
    $34,568
    Filer's total
    $370,907

  • Crystal Jordan

    EXECUTIVE DIRECTOR

    Total calculated
    $262,970
    From this org
    $248,534
    From related orgs
    $0
    Other
    $14,436
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $248,258
    Bonus
    $0
    Other
    $276
    Deferred
    $0
    Nontaxable benefits
    $14,436
    Filer's total
    $262,970

  • Mr Julio Pabon Mpa

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    4

  • Ms Martha Reyes RN

    VICE CHAIRPERSON

    Total calculated
    $0
    Hours/week
    3

  • Mr Robert Carrillo

    TREASURER

    Total calculated
    $0
    Hours/week
    3

  • Prof Ellen R Hoist Ms RN

    SECRETARY

    Total calculated
    $0
    Hours/week
    3

  • Mr Vaughn Thomas

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Mr Ricardo Cosme Ruiz

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Dr Iris I Mercado

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Ms Vivian M Chabrier

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Mr Paul A Moore

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

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 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 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 3
BRONXCARE HEALTH SYSTEM (BCHS), A RELATED ENTITY, USES A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, WRITTEN EMPLOYMENT CONTRACT AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE TO DETERMINE THE SALARY OF THE PRESIDENT & CEO, AND THE SENIOR VICE PRESIDENT & CFO.
SCHEDULE J, PART I, LINE 4B
MR. VICTOR G. DEMARCO PARTICIPATES IN A 457(F) PLAN. THERE WERE NO CONTRIBUTIONS TO THE PLAN DURING 2022.
SCHEDULE J, Part I, Line 7
AYILAM SUDHAKAR, MD; JOSE TIBURCIO, MD; SHARON KIM, MD; AND SASIDHAR GUNTURU, MD WERE AWARDED A BONUS FOR ACHIEVEMENT OF GOALS SET FORTH IN THE BEGINNING OF THE YEAR BY MANAGEMENT.

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 corporations and trusts

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

  • BRONXCARE DEVELOPMENT CORPORATION

    C CORP · REAL ESTATE D · NY

    Directly controlled by BRONXCARE HS

Provenance

Return type
form_990
Tax year
2022
Filed
15 May 2023
IRS schema version
2022v5.0
Source object
202323189349310772

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.