Skip to content
Nonprofiteer
← CATHOLIC HEALTH CARE FOUNDATION OF THE ARCHDIOCESE OF NEW YORK

Form 990 for tax year 2024

Filed by CATHOLIC HEALTH CARE FOUNDATION OF THE ARCHDIOCESE OF NEW YORK.

Totals

Total revenue
$5,782,666
Total expenses
$7,494,124
Contributions and grants received
$2,194,297
Grants paid
$7,006,090
Program service revenue
$0
Investment income
$3,786,091
Other revenue
-$197,722
Total assets, end of year
$37,566,671
Total liabilities, end of year
$95,872
Net assets or fund balances, end of year
$37,470,799
Program services expenses (Part IX)
$7,006,090
Management and general expenses
$390,908
Fundraising expenses
$97,126
Program service expenses (Part III)
$7,006,090

Program services were 93.5% 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.

  • 1c · Fundraising events

    $1,791,931

  • 1f · All other contributions, gifts and grants

    $402,366

  • 1g · Noncash contributions included above

    $68,419

  • 3 · Investment income

    total $578,175 · excluded $578,175

  • 7a · Gross sales of assets other than inventory

    securities $17,132,911

  • 7b · Less cost or other basis and sales expenses

    securities $13,924,995

  • 7c · Gain or loss

    securities $3,207,916

  • 7d · Net gain or loss

    total $3,207,916 · excluded $3,207,916

  • 8a · Fundraising events: gross income

    $169,750

  • 8a · Fundraising events: contributions included on line 1c

    $1,791,931

  • 8b · Fundraising events: direct expenses

    $367,472

  • 8c · Net income from fundraising events

    total -$197,722 · excluded -$197,722

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $6,924,468 · program services $6,924,468

  • 2 · Grants to domestic individuals

    total $81,622 · program services $81,622

  • 11c · Fees: accounting

    total $15,000 · management and general $15,000

  • 11e · Fees: professional fundraising services

    total $97,126 · fundraising $97,126

  • 11f · Fees: investment management

    total $82,883 · management and general $82,883

  • 11g · Fees: other

    total $249,825 · management and general $249,825

  • 13 · Office expenses

    total $25,038 · management and general $25,038

  • 24a · Other expenses: OTHER DIRECT EXPENSES

    total $18,162 · management and general $18,162

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,120,557 · end of year $749,022

  • 2 · Savings and temporary cash investments

    beginning of year $1,321,099 · end of year $403,157

  • 9 · Prepaid expenses and deferred charges

    beginning of year $47,959 · end of year $47,959

  • 11 · Investments: publicly traded securities

    beginning of year $27,584,949 · end of year $24,284,358

  • 15 · Other assets

    beginning of year $9,075,867 · end of year $12,082,175

  • 17 · Accounts payable and accrued expenses

    beginning of year $111,339 · end of year $94,802

  • 25 · Other liabilities

    beginning of year $4,504 · end of year $1,070

  • 27 · Net assets without donor restrictions

    beginning of year $38,608,638 · end of year $36,973,693

  • 28 · Net assets with donor restrictions

    beginning of year $425,950 · end of year $497,106

Mission and programs · 2024

Mission

THE PRIMARY PURPOSE OF THE FOUNDATION IS TO ATTRACT DONATIONS AND GRANTS FROM INDIVIDUALS, CORPORATIONS, FOUNDATIONS AND OTHER FUNDING SOURCES TO ASSIST THE OPERATIONS OF THE FOUNDATION IN PROVIDING GENERAL HEALTH CARE OVERSIGHT AND TO SUPPORT THE MISSION OF THE CATHOLIC HEALTH CARE SYSTEM D/B/A ARCHCARE.

  • PROVIDE ASSISTANCE FOR CATHOLIC HEALTH CARE SYSTEM FACILITIES.

    Expenses $7,006,090 · Grants $7,006,090

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Francis J Serbaroli Esq

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.1 + 1.7 related

  • Thomas M O'Brien

    VICE-CHAIR

    Total calculated
    $0
    Hours/week
    0.1 + 1.7 related

  • Dr Tara A Cortes

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.1 + 1.7 related

  • Thomas E Alberto

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1.7 related

  • Steve Bujno

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1.7 related

  • John Cahill

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1.7 related

  • John T Dunlap

    BOARD MEMBER THRU 06/24

    Total calculated
    $0
    Hours/week
    0.1 + 1.7 related

  • Thomas J Fahey Jr MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1.7 related

  • Eric P Feldmann

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1.7 related

  • Sister Seline Flores

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1.7 related

  • John Gleason

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1.7 related

  • Karen Gray

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1.7 related

  • Clarion E Johnson MD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1.7 related

  • Rory Kelleher

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1.7 related

  • Msgr Joseph Lamorte

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1.7 related

  • Richard Park

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1.7 related

  • Kathryn Rooney

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1.7 related

  • Joseph Saporito

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1.7 related

  • Gt Sweeney

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1.7 related

  • Bishop Gerald Walsh

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1.7 related

  • Leslie Kasergrande

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1

  • Cynthia Robert

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1

  • Dr Patricia Tooker

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1

  • Scott P La Rue

    PRESIDENT/CEO

    Total calculated
    $2,416,042
    From this org
    $0
    From related orgs
    $1,977,036
    Other
    $439,006
    Hours/week
    0.1 + 38.7 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,244,872 related
    Bonus
    $0 + $523,969 related
    Other
    $0 + $208,195 related
    Deferred
    $0 + $409,677 related
    Nontaxable benefits
    $0 + $29,329 related
    Filer's total
    $0 + $2,416,042 related

  • Annmarie Covone

    EXECUTIVE VP/CFO

    Total calculated
    $1,736,037
    From this org
    $0
    From related orgs
    $1,366,435
    Other
    $369,602
    Hours/week
    0.1 + 38.7 related

    Schedule J breakdown matched by us

    Base
    $0 + $883,484 related
    Bonus
    $0 + $354,880 related
    Other
    $0 + $128,071 related
    Deferred
    $0 + $329,067 related
    Nontaxable benefits
    $0 + $40,535 related
    Filer's total
    $0 + $1,736,037 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

  • 4b · Supplemental nonqualified retirement plan

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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
CATHOLIC HEALTH CARE SYSTEM D/B/A ARCHCARE UNDERTAKES A RIGOROUS PROCESS TO ENSURE THAT ITS EXECUTIVE COMPENSATION IS REASONABLE. TOWARD THAT END, THE BOARD OF TRUSTEES HAS A COMPENSATION COMMITTEE OF INDEPENDENT PERSONS THAT HAVE NO PERSONAL INTEREST IN ANY PROPOSED COMPENSATION ARRANGEMENT. THE BOARD ENGAGED AN INDEPENDENT COMPENSATION CONSULTANT WHO CONDUCTED INDEPENDENT RESEARCH AND UTILIZED A WIDE RANGE OF INDUSTRY DATA TO DEVELOP COMPARABILITY OR BENCHMARKING DATA FOR APPROPRIATE LEVELS OF COMPENSATION FOR TOP MANAGEMENT, OFFICERS, AND KEY EMPLOYEES. THE CONSULTANT PROJECTED THE DATA FOR THE FOLLOWING THREE YEARS FOR EACH SALARY LEVEL. THE COMPENSATION COMMITTEE, TAKING THE CONSULTANT'S RECOMMENDATIONS UNDER ADVISEMENT, HELD A MEETING AT WHICH CONTEMPORANEOUS MINUTES WERE KEPT AND AT THAT MEETING DETERMINED TO MAKE RECOMMENDATIONS TO THE BOARD OF TRUSTEES. THE BOARD OF TRUSTEES THEN CONSIDERED AND APPROVED THE RECOMMENDATIONS OF THE COMPENSATION COMMITTEE, WHICH APPROVAL WAS RECORDED IN THE MINUTES OF THE MEETING OF THE BOARD OF TRUSTEES. IN 2024, THE CONSULTANT UPDATED ITS REVIEW OF THE COMPENSATION STRUCTURE OF TOP MANAGEMENT, OFFICERS, AND KEY EMPLOYEES FOLLOWING THE METHOD DESCRIBED ABOVE. IN ADDITION, THE ORGANIZATION UPDATED ITS REVIEW OF THE COMPENSATION STRUCTURE FOR ALL OTHER POSITIONS (NON-UNION).
PART I, LINE 4B
SCOTT P. LA RUE AND ANNMARIE COVONE ALSO PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. CATHOLIC HEALTH CARE SYSTEM D/B/A ARCHCARE DISTRIBUTED $205,783 TO SCOTT AND $114,139 TO ANNMARIE IN THEIR 2024 W-2S.

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

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.

  • ARCHCARE COMMUNITY SERVICES INC

    501(C)(3) · PROVIDE COMMUNITY AND PASTORAL SERVICES AND SUPPORTIVE HOUSING · NY

    Directly controlled by CATHOLIC HEALTHCARE SYSTEM DBA ARCHCARE

  • BENEFICE ADVANTAGE INC

    501(C)(3) · DORMANT/PROVIDE ADMIN., BENEFITS COORDINATING AND OTHER SERVICES TO ARCHCARE · NY

    Directly controlled by CATHOLIC HEALTHCARE SYSTEM DBA ARCHCARE

  • BROOKLYN VISITING NURSE FOUNDATION

    501(C)(3) · DORMANT/RAISE FUNDS FOR AFFILIATED ORGANIZATIONS · NY

    Directly controlled by VISITING NURSE REGIONAL HEALTH CARE SYSTEM INC

  • CALVARY FUND INC

    501(C)(3) · SUPPORT CALVARY HOSPITAL · NY

    Directly controlled by CALVARY HOLDING COMPANY INC

  • CALVARY HOLDING COMPANY

    501(C)(3) · SUPPORT THE CALVARY HOSPITAL AND ITS AFFILIATED ORGANIZATIONS · NY

    Directly controlled by CATHOLIC HEALTHCARE SYSTEM DBA ARCHCARE

  • CALVARY HOSPITAL INC

    501(C)(3) · OPERATE A TAX EXEMPT HOSPITAL · NY

    Directly controlled by CATHOLIC HEALTHCARE SYSTEM DBA ARCHCARE

  • CARMEL RICHMOND NURSING HOME INC

    501(C)(3) · OPERATE SKILLED NURSING FACILITY & REHABILITATION FACILITY · NY

    Directly controlled by CATHOLIC HEALTHCARE SYSTEM DBA ARCHCARE

  • DOMINICAN SISTERS FAMILY HEALTH SERVICE INC

    501(C)(3) · HOME HEALTH AGENCY · NY

    Directly controlled by CATHOLIC HEALTHCARE SYSTEM DBA ARCHCARE

  • CATHOLIC HEALTHCARE SYSTEM DBA ARCHCARE

    501(C)(3) · MGT SVCS FOR HEALTH-RELATED FACILITIES IN THE ARCHDIOCESE · NY

    Directly controlled by PROVIDENCE HEALTH SERVICES

  • CATHOLIC MANAGED LONG TERM CARE INC

    501(C)(3) · OPERATE A MANAGED LONG-TERM CARE PLAN · NY

    Directly controlled by CATHOLIC HEALTHCARE SYSTEM DBA ARCHCARE

  • CATHOLIC RESOURCES INC

    501(C)(3) · PROVIDE PARISH OUTREACH SERVICES & SOCIAL & HEALTH CARE SERVICE INFORMATION · NY

    Directly controlled by CATHOLIC HEALTHCARE SYSTEM DBA ARCHCARE

  • EMPIRE STATE HOME CARE SERVICES INC

    501(C)(3) · HOME HEALTH CARE SERVICES · NY

    Directly controlled by CATHOLIC HEALTHCARE SYSTEM DBA ARCHCARE

  • FAMILY HOME HEALTH CARE INC

    501(C)(3) · HOME CARE · NY

    Directly controlled by DOMINICAN SISTERS FAMILY HEALTH SERVICE INC

  • FERNCLIFF NURSING HOME COMPANY INC

    501(C)(3) · OPERATE SKILLED NURSING FACILITY & REHABILITATION FACILITY · NY

    Directly controlled by CATHOLIC HEALTHCARE SYSTEM DBA ARCHCARE

  • KATERI RESIDENCE

    501(C)(3) · DORMANT/OPERATE SKILLED NURSING & REHABILITATION FACILITY · NY

    Directly controlled by CATHOLIC HEALTHCARE SYSTEM DBA ARCHCARE

  • MARY MANNING WALSH NURSING HOME COMPANY INC

    501(C)(3) · OPERATE SKILLED NURSING FACILITY & REHABILITATION FACILITY · NY

    Directly controlled by CATHOLIC HEALTHCARE SYSTEM DBA ARCHCARE

  • OUR LADY OF MERCY FUND OF NEW YORK NY

    501(C)(3) · DORMANT/PROVIDE FUNDS TO SUPPORT THE MISSION OF CHCS FACILITIES · NY

    Directly controlled by OUR LADY OF MERCY HEALTHCARE SYSTEM INC

  • OUR LADY OF MERCY HEALTHCARE SYSTEM INC

    501(C)(3) · DORMANT/PROVIDE FUNDS TO SUPPORT THE MISSION OF CHCS FACILITIES · NY

    Directly controlled by CATHOLIC HEALTHCARE SYSTEM DBA ARCHCARE

  • PROVIDENCE HEALTH SERVICES

    501(C)(3) · SPONSOR OF CATHOLIC HEALTH CARE SYSTEM D/B/A ARCHCARE · NY

  • PROVIDENCE REST

    501(C)(3) · OPERATE SKILLED NURSING FACILITY & REHABILITATION FACILITY · NY

    Directly controlled by CATHOLIC HEALTHCARE SYSTEM DBA ARCHCARE

  • ST TERESA'S NURSING HOME INC

    501(C)(3) · DORMANT/OPERATE SKILLED NURSING FACILITY & REHABILITATION FACILITY · NY

    Directly controlled by CATHOLIC HEALTHCARE SYSTEM DBA ARCHCARE

  • ST THERESA'S RESIDENCE

    501(C)(3) · DORMANT/INTERMEDIATE CARE FACILITY FOR DEVELOPMENTALLY DISABLED · NY

    Directly controlled by CATHOLIC HEALTHCARE SYSTEM DBA ARCHCARE

  • ST VINCENT DE PAUL RESIDENCE

    501(C)(3) · OPERATE SKILLED NURSING FACILITY & REHABILITATION FACILITY · NY

    Directly controlled by CATHOLIC HEALTHCARE SYSTEM DBA ARCHCARE

  • TERENCE CARDINAL COOKE HEALTH CARE CENTER

    501(C)(3) · OPERATE SKILLED NURSING FACILITY & REHABILITATION FACILITY · NY

    Directly controlled by CATHOLIC HEALTHCARE SYSTEM DBA ARCHCARE

  • ULSTER HOME CARE INC

    501(C)(3) · HOME CARE · NY

    Directly controlled by UMC INC

  • ULSTER HOME HEALTH SERVICES INC

    501(C)(3) · HOME CARE · NY

    Directly controlled by UMC INC

  • UMC INC

    501(C)(3) · MANAGEMENT SERVICES · NY

    Directly controlled by CATHOLIC HEALTHCARE SYSTEM DBA ARCHCARE

  • VISITING NURSE REGIONAL HEALTH CARE SYSTEM INC

    501(C)(3) · DORMANT/SUPPORT AND MANAGEMENT SERVICES FOR ITS AFFILIATES · NY

    Directly controlled by CATHOLIC HEALTHCARE SYSTEM DBA ARCHCARE

  • VISITING NURSE ASSOCIATION OF BROOKLYN INC

    501(C)(3) · DORMANT/HOME HEALTH CARE · NY

    Directly controlled by VISITING NURSE REGIONAL HEALTH CARE SYSTEM INC

  • EGER HEALTH CARE AND REHABILITATION CENTER

    501(C)(3) · OPERATE SKILLED NURSING FACILITY & REHABILITATION FACILITY · NY

    Directly controlled by CATHOLIC HEALTHCARE SYSTEM DBA ARCHCARE

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.

  • ST AGNES HOSPITAL

    C · DORMANT/OPERATE A HOSPITAL · NY

    Directly controlled by CATHOLIC HEALTH CARE SYSTEM DBA ARCHCARE

Provenance

Return type
form_990
Tax year
2024
Filed
15 November 2025
IRS schema version
2024v5.2
Source object
202533209349300813

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.