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Nonprofiteer
← PAGNY HEALTH AND RESEARCH FOUNDATION INC

Form 990 for tax year 2022

Filed by PAGNY HEALTH AND RESEARCH FOUNDATION INC.

Totals

Total revenue
$603,681
Total expenses
$706,476
Contributions and grants received
$603,681
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$1,203,877
Total liabilities, end of year
$726,530
Net assets or fund balances, end of year
$477,347
Program services expenses (Part IX)
$583,747
Management and general expenses
$122,729
Fundraising expenses
$0
Program service expenses (Part III)
$583,747

Program services were 82.6% 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.

  • 1f · All other contributions, gifts and grants

    $603,681

  • 3 · Investment income

    total $0

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

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $365,495 · program services $307,853 · management and general $57,642

  • 8 · Pension plan contributions

    total $2,866 · program services $2,414 · management and general $452

  • 9 · Other employee benefits

    total $60,543 · program services $50,995 · management and general $9,548

  • 10 · Payroll taxes

    total $26,890 · program services $22,649 · management and general $4,241

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $41,600 · management and general $41,600

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $99,163 · program services $97,997 · management and general $1,166 · fundraising $0

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $203 · program services $203

  • 14 · Information technology

    total $3,285 · program services $3,285

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $3,488 · program services $3,488

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $7,494 · program services $7,494

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $3,796 · program services $3,796

  • 24a · Other expenses: ADMINISTRATIVE FEES

    total $78,606 · program services $78,606

  • 24b · Other expenses: DUES & SUBSCRIPTION

    total $8,174 · program services $94 · management and general $8,080

  • 24c · Other expenses: ALL OTHER EXPENSES

    total $4,873 · program services $4,873

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,288,754 · end of year $1,199,577

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $0 · end of year $0

  • 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 $13,101 · end of year $4,300

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 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 $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $150,164 · end of year $207,162

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $571,549 · end of year $519,368

  • 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 $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year -$190,996 · end of year -$293,791

  • 28 · Net assets with donor restrictions

    beginning of year $771,138 · end of year $771,138

Mission and programs · 2022

Mission

THE FOUNDATION PROVIDES A STRONG NETWORK TO SUPPORT EXPERIENCED, MID-CAREER, AND NOVICE RESEARCHERS WHO SEEK GRANTS TO CONDUCT BIOMEDICAL AND HEALTH SERVICES RESEARCH TO FURTHER PHYSICIAN AFFILIATE GROUP OF NEW YORK, P.C.'S MISSION OF ENHANCING THE QUALITY OF HEALTHCARE FOR ALL NEW YORKERS. A MAJOR FOCUS OF THE FOUNDATION IS THE STUDY OF THE FACTORS THAT CONTRIBUTE TO PHYSICIANS' WELLNESS AND TO DEVELOP INNOVATIVE PROGRAMS AND INTERVENTIONS TO PROMOTE PHYSICIAN ENGAGEMENT AND PROVIDE GREATER WORK-LIFE BALANCE AND SATISFACTION.

Activities or mission (Part I)

FOSTER AND PROMOTE HEALTH,ADVANCES IN THE HEALTHCARE FIELD, & THE GROWTH AND AVAILABILITY OF QUALITY HEALTHCARE SERVICES FOR THE BETTERMENT OF GENERAL HEALTH OF COMMUNITIES WE SERVE.

  • THE FOUNDATION PROVIDES A STRONG NETWORK TO SUPPORT EXPERIENCED, MID-CAREER, AND NOVICE RESEARCHERS WHO SEEK GRANTS TO CONDUCT BIOMEDICAL AND HEALTH SERVICES RESEARCH TO FURTHER PHYSICIAN AFFILIATE GROUP OF NEW YORK, P.C.'S MISSION OF ENHANCING THE QUALITY OF HEALTHCARE FOR ALL NEW YORKERS. A MAJOR FOCUS OF THE FOUNDATION IS THE STUDY OF THE FACTORS THAT CONTRIBUTE TO PHYSICIANS' WELLNESS AND TO DEVELOP INNOVATIVE PROGRAMS AND INTERVENTIONS TO PROMOTE PHYSICIAN ENGAGEMENT AND PROVIDE GREATER WORK-LIFE BALANCE AND SATISFACTION.

    Expenses $583,747

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

Listed in Part VII

  • Diana Voigt

    SECRETRARY

    Total calculated
    $591,153
    From this org
    $0
    From related orgs
    $516,384
    Other
    $74,769
    Hours/week
    2.44 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $446,284 related
    Bonus
    $0 + $66,600 related
    Other
    $0 + $3,500 related
    Deferred
    $0 + $30,500 related
    Nontaxable benefits
    $0 + $44,269 related
    Filer's total
    $0 + $591,153 related

  • Edward Chew MD

    Interim CEO (AS OF 01/23)

    Total calculated
    $547,718
    From this org
    $0
    From related orgs
    $472,949
    Other
    $74,769
    Hours/week
    0.5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $419,429 related
    Bonus
    $0 + $50,860 related
    Other
    $0 + $2,660 related
    Deferred
    $0 + $30,500 related
    Nontaxable benefits
    $0 + $44,269 related
    Filer's total
    $0 + $547,718 related

  • Bijan Safai MD

    PRESIDENT

    Total calculated
    $421,848
    From this org
    $0
    From related orgs
    $347,080
    Other
    $74,768
    Hours/week
    1 + 21 related

    Schedule J breakdown matched by us

    Base
    $0 + $294,565 related
    Bonus
    $0 + $50,414 related
    Other
    $0 + $2,101 related
    Deferred
    $0 + $30,499 related
    Nontaxable benefits
    $0 + $44,269 related
    Filer's total
    $0 + $421,848 related

  • Balavenkatesh Kanna MD

    DIRECTOR

    Total calculated
    $395,988
    From this org
    $0
    From related orgs
    $346,967
    Other
    $49,021
    Hours/week
    0.19 + 25 related

    Schedule J breakdown matched by us

    Base
    $0 + $328,882 related
    Bonus
    $0 + $16,300 related
    Other
    $0 + $1,785 related
    Deferred
    $0 + $21,366 related
    Nontaxable benefits
    $0 + $27,655 related
    Filer's total
    $0 + $395,988 related

  • Anthony Mirdita

    CFO

    Total calculated
    $387,648
    From this org
    $36,414
    From related orgs
    $348,611
    Other
    $2,623
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $1,414 + $348,535 related
    Bonus
    $0
    Other
    $35,000 + $76 related
    Deferred
    $0 + $1,414 related
    Nontaxable benefits
    $0 + $1,209 related
    Filer's total
    $36,414 + $351,234 related

  • James Haller

    CFO, TREASURER

    Total calculated
    $374,735
    From this org
    $0
    From related orgs
    $336,090
    Other
    $38,645
    Hours/week
    2 + 43 related

    Schedule J breakdown matched by us

    Base
    $0 + $335,825 related
    Bonus
    $0
    Other
    $0 + $265 related
    Deferred
    $0 + $9,150 related
    Nontaxable benefits
    $0 + $29,495 related
    Filer's total
    $0 + $374,735 related

  • Andrew Wiznia MD

    DIRECTOR

    Total calculated
    $370,782
    From this org
    $0
    From related orgs
    $313,920
    Other
    $56,862
    Hours/week
    0.19 + 32 related

    Schedule J breakdown matched by us

    Base
    $0 + $272,665 related
    Bonus
    $0 + $37,445 related
    Other
    $0 + $3,810 related
    Deferred
    $0 + $27,794 related
    Nontaxable benefits
    $0 + $29,068 related
    Filer's total
    $0 + $370,782 related

  • Tuhinsri De O'Connor

    EXECUTIVE DIRECTOR

    Total calculated
    $160,255
    From this org
    $149,609
    From related orgs
    $0
    Other
    $10,646
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $149,609
    Bonus
    $0
    Other
    $0
    Deferred
    $4,636
    Nontaxable benefits
    $6,010
    Filer's total
    $160,255

  • Lilliam Barrios-Paoli

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.19

  • Joseph T English MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.19

  • Rosa Gil Dsw

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.19

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

The filer's explanations (Part III)

SCHEDULE J, PART 1, LINE 3:
PHYSICIAN AFFILIATE GROUP OF NEW YORK, P.C. ("PAGNY"), A RELATED 501(C)(3) ORGANIZATION, CONDUCTS A SURVEY OF MARKET DATA AND A COMPARISON OF OTHER SIMILAR ORGANIZATIONS TO DETERMINE THE PRESIDENT'S SALARY. THE PRESIDENT'S SALARY IS ALSO APPROVED BY PAGNY'S BOARD AND DOCUMENTED IN PAGNY'S BOARD MINUTES.

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
14 May 2024
IRS schema version
2022v5.0
Source object
202411369349313856

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

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