Skip to content
Nonprofiteer
← EAST 98TH STREET COMMUNITY SERVICES INC

Form 990 for tax year 2023

Filed by EAST 98TH STREET COMMUNITY SERVICES INC.

Totals

Total revenue
$1,853,214
Total expenses
$2,620,367
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$1,853,214
Investment income
$0
Other revenue
$0
Total assets, end of year
$0
Total liabilities, end of year
$767,153
Net assets or fund balances, end of year
-$767,153
Program services expenses (Part IX)
$2,620,367
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$2,620,367

Program services were 100.0% 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: Ambulatory Health Care Services

    total $1,853,214 · related or exempt $1,853,214

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $1,309,045 · program services $1,309,045

  • 8 · Pension plan contributions

    total $92,722 · program services $92,722

  • 9 · Other employee benefits

    total $180,022 · program services $180,022

  • 10 · Payroll taxes

    total $124,761 · program services $124,761

  • 11a · Fees: management

    total $75,239 · program services $75,239

  • 11g · Fees: other

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

  • 13 · Office expenses

    total $25,851 · program services $25,851

  • 16 · Occupancy

    total $804,658 · program services $804,658

  • 24e · All other expenses

    total $8,069 · program services $8,069 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

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

    $0

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

    $0

  • 10c · Land, buildings and equipment, net

    end of year $0

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $767,153

  • 27 · Net assets without donor restrictions

    end of year -$767,153

Mission and programs · 2023

Mission

The mission statement for the 5 East 98th Street, LLC Ambulatory Surgery Center (ASC) emphasizes providing high-quality ambulatory surgical care that meets the specific needs of each patient. The center is committed to: (1) Maintaining a safe and efficient environment with skilled staff and quality equipment. (2) Serving the local community, including those who are uninsured or unable to pay. (3) Promoting accessibility for all, especially underserved populations, by offering culturally sensitive and affordable care. (4) Encouraging feedback to improve service and accessibility.

Activities or mission (Part I)

It is the mission of the 5 East 98th Street, LLC Ambulatory Surgery Center (ASC) to provide high-quality ambulatory surgical services considerate of the specific needs of individual patients in the NY metro area.

  • The ASC provides high-quality outpatient surgical care across multiple specialties including general surgery, plastic and reconstructive surgery, otolaryngology, colorectal surgery, gynecology, and pediatric surgery. The center offers a safe, efficient, and patient-centered environment where skilled physicians, nurses, and support staff deliver same-day surgical services to improve health outcomes. In 2023, the ASC served over 750 patients, providing accessible care that minimizes the need for hospital-based surgeries. The ASC received Medicaid approval in the third quarter of 2023 and has since begun enrollment with managed Medicaid plans. This will allow the center to expand access to essential surgical services for Medicaid patients beginning in 2024, supporting our mission to improve healthcare accessibility for underserved populations.

    Expenses $2,620,367 · Grants $1,853,214

As filed on the 2023 return.

Listed in Part VII

  • Kelly Cassano

    TRUSTEE

    Total calculated
    $1,267,329
    From this org
    $0
    From related orgs
    $1,222,124
    Other
    $45,205
    Hours/week
    0.5 + 59.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $850,000 related
    Bonus
    $0 + $229,075 related
    Other
    $0 + $143,049 related
    Deferred
    $0 + $33,000 related
    Nontaxable benefits
    $0 + $12,205 related
    Filer's total
    $0 + $1,267,329 related

  • Michael Marin

    TRUSTEE/CHAIRMAN

    Total calculated
    $2,592,879
    From this org
    $0
    From related orgs
    $2,543,297
    Other
    $49,582
    Hours/week
    0.5 + 59.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $280,000 related
    Bonus
    $0 + $150,000 related
    Other
    $0 + $2,113,297 related
    Deferred
    $0 + $28,000 related
    Nontaxable benefits
    $0 + $21,582 related
    Filer's total
    $0 + $2,592,879 related

  • Stephen Harvey

    TRUSTEE/TREASURER

    Total calculated
    $2,107,872
    From this org
    $0
    From related orgs
    $2,026,048
    Other
    $81,824
    Hours/week
    0.5 + 59.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,200,000 related
    Bonus
    $0 + $390,775 related
    Other
    $0 + $435,273 related
    Deferred
    $0 + $33,000 related
    Nontaxable benefits
    $0 + $48,824 related
    Filer's total
    $0 + $2,107,872 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

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 I, Line 3 METHODS TO ESTABLISH COMPENSATION BY RELATED ORGANIZATION
THE FOLLOWING METHODS ARE USED BY A RELATED ORGANIZATION TO ESTABLISH COMPENSATION OF THE CEO/EXECUTIVE DIRECTOR: A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. SUPPLEMENTAL INFORMATION COMPENSATION FOOTNOTES: OFFICERS OF THE BOARD OF TRUSTEES HOURS REFLECT SERVICE TO ALL RELATED ORGANIZATIONS OF MOUNT SINAI HEALTH SYSTEM. OTHER REPORTABLE COMPENSATION FOR OFFICERS, KEY EMPLOYEES, AND HIGHEST COMPENSATED EMPLOYEES AS IDENTIFIED IN THE FORM 990, PART VII, AND LISTED ON SCHEDULE J MAY INCLUDE VARIOUS TYPES OF SUPPLEMENTAL WAGES.
Schedule J, Part II PART VII, SECTION A
COMPENSATION FOOTNOTES (1) COMPENSATION AND BENEFITS ARE FUNDED FROM THE MOUNT SINAI HOSPITAL, ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, BETH ISRAEL MEDICAL CENTER, ST. LUKE'S-ROOSEVELT HOSPITAL CENTER, AND/OR NEW YORK EYE AND EAR INFIRMARY.

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • 5 East 98th Street LLC

    AMB SRGY CNTR · NY · income $0 · assets $0

    Directly controlled by EAST 98TH STREET COMMUNITY SERVICES INC

Related corporations and trusts

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

  • MANHATTAN MANAGEMENT SERVICES

    C Corporation · MGMT SERVICES · NY

    Directly controlled by SLR

  • SLR MANAGEMENT SERVICES

    C Corporation · MGMT SERVICES · NY

    Directly controlled by SLR

  • MOUNT SINAI HC VENTURES

    C Corporation · HEALTH CARE MGMT · NY

    Directly controlled by BIMC HOLDCO

  • MSHS VACCINE COMPANY

    C Corporation · CLINICAL LAB · DE

    Directly controlled by ISMMS

  • KANTARO BIOSCIENCES LLC

    C Corporation · CLINICAL LAB · NY

    Directly controlled by ISMMS

  • PROHEALTH MOUNT SINAI MSO LLC

    C Corporation · MGMT SERVICES · NY

    Directly controlled by MS NETWORK

Provenance

Return type
form_990
Tax year
2023
Filed
12 November 2024
IRS schema version
2023v5.1
Source object
202413169349306451

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.