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← MEDICAL ASSOCIATES OF ENGLEWOOD PC

Form 990 for tax year 2024

Filed by MEDICAL ASSOCIATES OF ENGLEWOOD PC.

Totals

Total revenue
$395,925,595
Total expenses
$395,925,595
Contributions and grants received
$0
Grants paid
$1,094,474
Program service revenue
$395,691,967
Investment income
$233,628
Other revenue
$0
Total assets, end of year
$46,624,292
Total liabilities, end of year
$46,624,292
Net assets or fund balances, end of year
$0
Program services expenses (Part IX)
$381,472,438
Management and general expenses
$14,453,157
Fundraising expenses
$0
Program service expenses (Part III)
$381,472,438

Program services were 96.3% 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.

  • 2a · Program service revenue: NET PATIENT SERVICES REVENUE

    total $203,118,957 · related or exempt $203,118,957

  • 2b · Program service revenue: OTHER HEALTHCARE RELATED REVENUE

    total $192,573,010 · related or exempt $192,573,010

  • 3 · Investment income

    total $233,628 · related or exempt $0 · unrelated business $0 · excluded $233,628

  • 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 $1,094,474 · program services $1,094,474

  • 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 $1,884,132 · program services $772,434 · management and general $1,111,698

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $131,341,262 · program services $130,682,181 · management and general $659,081

  • 8 · Pension plan contributions

    total $632,760 · program services $629,659 · management and general $3,101

  • 9 · Other employee benefits

    total $17,863,807 · program services $17,655,999 · management and general $207,808

  • 10 · Payroll taxes

    total $3,225,154 · program services $3,209,351 · management and general $15,803

  • 11a · Fees: management

    total $124,768 · management and general $124,768

  • 11b · Fees: legal

    total $972,162 · management and general $972,162

  • 11c · Fees: accounting

    total $0

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $143,542,870 · program services $138,876,060 · management and general $4,666,810 · fundraising $0

  • 12 · Advertising and promotion

    total $189,008 · program services $189,008

  • 13 · Office expenses

    total $38,850,865 · program services $36,390,053 · management and general $2,460,812

  • 14 · Information technology

    total $5,945,913 · program services $5,351,322 · management and general $594,591

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $27,617,400 · program services $27,617,400

  • 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 $0

  • 23 · Insurance

    total $9,107,530 · program services $9,107,530

  • 24a · Other expenses: MEDICAL SUPPLIES

    total $9,890,417 · program services $9,890,417

  • 24b · Other expenses: ALLOCATION OF PERSONNEL COST

    total $3,636,523 · management and general $3,636,523

  • 24c · Other expenses: EMERGENCY COVID-19

    total $6,550 · program services $6,550

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $16,643,328 · end of year $15,599,009

  • 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 $19,428,244 · end of year $27,042,907

  • 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 $1,677,541 · end of year $1,883,864

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

    $0

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

    $0

  • 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 $1,367,848 · end of year $1,209,499

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $895,385 · end of year $889,013

  • 17 · Accounts payable and accrued expenses

    beginning of year $29,431,774 · end of year $32,706,183

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $1,148,503 · end of year $35,579

  • 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 $9,432,069 · end of year $13,882,530

  • 27 · Net assets without donor restrictions

    beginning of year $0 · end of year $0

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2024

Mission

THE ORGANIZATION'S MISSION IS TO PUT PATIENTS FIRST BY BRINGING TOGETHER PHYSICIANS WITHIN A COMPREHENSIVE SYSTEM THAT DELIVERS THE HIGHEST QUALITY OF CARE. MEDICAL ASSOCIATES OF ENGLEWOOD, P.C. ("ENGLEWOOD HEALTH PHYSICIAN NETWORK") IS THE PHYSICIAN NETWORK OF ENGLEWOOD HOSPITAL. THE ENGLEWOOD HEALTH PHYSICIAN NETWORK IS COMPRISED OF A GROWING GROUP OF HUNDREDS OF PHYSICIANS, REPRESENTING A RANGE OF SPECIALTIES, WITH A MULTITUDE OF CONVENIENT LOCATIONS THROUGHOUT NORTHERN NEW JERSEY AND ROCKLAND COUNTY, NEW YORK. THE ORGANIZATION'S PRIORITY IS TO PROVIDE PATIENTS AND THEIR FAMILIES WITH QUALITY HEALTHCARE USING TODAY'S MOST INNOVATIVE TECHNIQUES AND PROCEDURES, ALL DELIVERED WITHIN A COMPASSIONATE, HUMANISTIC ENVIRONMENT. BY TURNING TO AN ENGLEWOOD HEALTH NETWORK PHYSICIAN, PATIENTS WILL GAIN ACCESS TO A TEAM OF PHYSICIANS WHO ARE ALL CONNECTED THROUGH A UNIFIED MEDICAL RECORDS SYSTEM. THIS CONNECTIVITY ENSURES THAT PATIENT CARE WILL BE SEAMLESSLY COORDINATED, INTEGRATED AND STREAMLIN

Activities or mission (Part I)

TO PUT PATIENTS FIRST BY BRINGING TOGETHER PHYSICIANS WITHIN A COMPREHENSIVE SYSTEM THAT DELIVERS THE HIGHEST QUALITY OF CARE.

  • EXPENSES INCURRED IN ENGAGING IN THE PRACTICE OF MEDICINE AND RELATED SERVICES IN FURTHERANCE OF THE CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES OF ENGLEWOOD HOSPITAL; A RELATED INTERNAL REVENUE CODE SECTION 501(C)(3) TAX-EXEMPT HOSPITAL ORGANIZATION.

    Expenses $381,472,438 · Grants $1,094,474 · Revenue $395,691,967

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

Listed in Part VII

  • CHRISTOS STAVROPOULOS MD

    MED DIR - THORACIC SURGERY

    Total calculated
    $1,467,818
    From this org
    $1,432,765
    From related orgs
    $0
    Other
    $35,053
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $1,042,190
    Bonus
    $386,344
    Other
    $4,231
    Deferred
    $6,900
    Nontaxable benefits
    $28,153
    Filer's total
    $1,467,818

  • THOMAS BERNIK MD

    CHIEF OF SERVICE-VASCULAR SURG

    Total calculated
    $1,405,747
    From this org
    $1,368,764
    From related orgs
    $0
    Other
    $36,983
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $943,521
    Bonus
    $418,711
    Other
    $6,532
    Deferred
    $8,712
    Nontaxable benefits
    $28,271
    Filer's total
    $1,405,747

  • ANTHONY T ORLANDO

    TREASURER; EVP FINANCE/CFO

    Total calculated
    $1,223,592
    From this org
    $0
    From related orgs
    $1,160,274
    Other
    $63,318
    Hours/week
    5 + 58 related

    Schedule J breakdown matched by us

    Base
    $0 + $763,766 related
    Bonus
    $0 + $224,700 related
    Other
    $0 + $171,808 related
    Deferred
    $0 + $34,500 related
    Nontaxable benefits
    $0 + $28,818 related
    Filer's total
    $0 + $1,223,592 related

  • ADAM ARNOFSKY MD

    CARDIOTHORACIC SURGEON

    Total calculated
    $1,129,330
    From this org
    $1,098,129
    From related orgs
    $0
    Other
    $31,201
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $1,019,127
    Bonus
    $75,000
    Other
    $4,002
    Deferred
    $6,900
    Nontaxable benefits
    $24,301
    Filer's total
    $1,129,330

  • STEPHEN BRUNNQUELL MD

    PRESIDENT, PHYSICAN NETWORK

    Total calculated
    $1,111,698
    From this org
    $1,088,490
    From related orgs
    $0
    Other
    $23,208
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $728,111
    Bonus
    $232,540
    Other
    $127,839
    Deferred
    $3,973
    Nontaxable benefits
    $19,235
    Filer's total
    $1,111,698

  • ANNA SERUR MD

    SECT CHIEF COLON & RECTAL SURG

    Total calculated
    $1,061,841
    From this org
    $1,029,303
    From related orgs
    $0
    Other
    $32,538
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $672,702
    Bonus
    $327,349
    Other
    $29,252
    Deferred
    $9,750
    Nontaxable benefits
    $22,788
    Filer's total
    $1,061,841

  • VINNIDHY DAVE

    MED DIR - PAIN MANAGEMENT

    Total calculated
    $1,017,650
    From this org
    $977,128
    From related orgs
    $0
    Other
    $40,522
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $264,040
    Bonus
    $710,154
    Other
    $2,934
    Deferred
    $8,250
    Nontaxable benefits
    $32,272
    Filer's total
    $1,017,650

  • HILLARY COHEN MD

    TRUSTEE - VP MEDICAL AFFAIRS

    Total calculated
    $955,077
    From this org
    $730,571
    From related orgs
    $182,643
    Other
    $41,863
    Hours/week
    40 + 15 related

    Schedule J breakdown matched by us

    Base
    $450,343 + $182,643 related
    Bonus
    $164,500
    Other
    $115,728
    Deferred
    $10,350
    Nontaxable benefits
    $31,513
    Filer's total
    $772,434 + $182,643 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

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 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)

SCHEDULE J, PART I; QUESTION 7
CERTAIN INDIVIDUALS INCLUDED IN SCHEDULE J, PART II RECEIVED an incentive payment DURING CALENDAR YEAR 2024 WHICH WAS INCLUDED IN SCHEDULE J, PART II, COLUMN B(II) HEREIN AND IN EACH INDIVIDUAL'S 2024 FORM W-2, BOX 5, AS TAXABLE MEDICARE WAGES. PLEASE REFER TO THIS SECTION OF THE FORM 990, SCHEDULE J FOR THIS INFORMATION BY PERSON BY AMOUNT.

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.

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.

Provenance

Return type
form_990
Tax year
2024
Filed
15 November 2025
IRS schema version
2024v5.2
Source object
202513179349306101

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