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Nonprofiteer
← JMC MSNY VENTURES INC

Form 990 for tax year 2022

Filed by JMC MSNY VENTURES INC.

Totals

Total revenue
$0
Total expenses
$207,945
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$860,585
Total liabilities, end of year
$860,585
Net assets or fund balances, end of year
$0
Program services expenses (Part IX)
$207,945
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$207,945

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Amit Rastogi MD MHCM

    JMC President

    Total calculated
    $1,728,433
    From this org
    $0
    From related orgs
    $1,477,906
    Other
    $250,527
    Hours/week
    1 + 48 related

    Schedule J breakdown matched by us

    Base
    $0 + $731,163 related
    Bonus
    $0 + $515,400 related
    Other
    $0 + $231,343 related
    Deferred
    $0 + $241,660 related
    Nontaxable benefits
    $0 + $8,867 related
    Filer's total
    $0 + $1,728,433 related

  • DALE HOCKING CPA

    JMC CFO / TREASURER (thru April 2023)

    Total calculated
    $476,392
    From this org
    $0
    From related orgs
    $427,414
    Other
    $48,978
    Hours/week
    1 + 45 related

    Schedule J breakdown matched by us

    Base
    $0 + $349,982 related
    Bonus
    $0 + $71,333 related
    Other
    $0 + $6,099 related
    Deferred
    $0 + $40,556 related
    Nontaxable benefits
    $0 + $8,422 related
    Filer's total
    $0 + $476,392 related

  • MICHAEL LOFTUS

    JMC SVP & CFO (beginning April 2023)

    Total calculated
    $0
    Hours/week
    1 + 45 related

  • Steven Seeley MSN CENP CEN CPHQ

    President

    Total calculated
    $687,527
    From this org
    $0
    From related orgs
    $583,805
    Other
    $103,722
    Hours/week
    1 + 48 related

    Schedule J breakdown matched by us

    Base
    $0 + $371,963 related
    Bonus
    $0 + $193,494 related
    Other
    $0 + $18,348 related
    Deferred
    $0 + $95,075 related
    Nontaxable benefits
    $0 + $8,647 related
    Filer's total
    $0 + $687,527 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)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
THE COMPENSATION COMMITTEE OF THE BOARD OF JUPITER MEDICAL CENTER, INC. DETERMINES THE COMPENSATION OF THE PRESIDENT AND CEO. THE COMMITTEE USES AN INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEYS, FORM 990 OF OTHER ORGANIZATIONS, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE TO ESTABLISH COMPENSATION.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
THE INDIVIDUALS LISTED BELOW PARTICIPATED IN A RETENTION BONUS PLAN DURING 2022. DURING CALENDAR YEAR 2022, ACCRUALS RELATED TO RETENTION BONUSES WERE MADE FOR THE FOLLOWING INDIVIDUALS. THESE AMOUNTS ARE INCLUDED ON SCHEDULE J, PART II, COL (C): AMIT RASTOGI - $150,710 STEVEN SEELEY - $39,487 NONE OF THE INDIVIDUALS REPORTED ON THE FILING ORGANIZATION'S FORM 990, PART VII, SECTION A RECEIVED A RETENTION BONUS PAYOUT DURING CALENDAR YEAR 2022. THE FOLLOWING INDIVIDUALS PARTICIPATED IN A 457(F) PLAN DURING 2022. ACCRUALS INTO THE PLAN DURING CALENDAR YEAR 2022 WERE AS FOLLOWS. THESE AMOUNTS ARE INCLUDED ON SCHEDULE J, PART II, COL (C): AMIT RASTOGI - $71,491 DALE HOCKING - $27,681 STEVEN SEELEY - $43,735 NONE OF THE INDIVIDUALS REPORTED ON THE FILING ORGANIZATION'S FORM 990, PART VII, SECTION A RECEIVED A DISTRIBUTION FROM THE 457(F) PLAN DURING CALENDAR YEAR 2022.

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 partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

Related corporations and trusts

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

Provenance

Return type
form_990
Tax year
2022
Filed
15 August 2024
IRS schema version
2022v5.0
Source object
202422289349303927

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