Totals
- Total revenue
- $778,387
- Total expenses
- $73,078
- Contributions and grants received
- $826,534
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $56,654
- Other revenue
- -$104,801
- Total assets, end of year
- $12,523,452
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $12,523,452
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $73,078
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $0
Program services were 0.0% 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.
-
1c · Fundraising events
$826,534
-
1f · All other contributions, gifts and grants
$0
-
3 · Investment income
total $56,654 · excluded $56,654
-
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
-
8a · Fundraising events: contributions included on line 1c
$826,534
-
8b · Fundraising events: direct expenses
$104,801
-
8c · Net income from fundraising events
total -$104,801 · excluded -$104,801
-
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
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $71,138 · management and general $71,138
-
8 · Pension plan contributions
total $885 · management and general $885
-
9 · Other employee benefits
total $1,030 · management and general $1,030
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
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 $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
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 $0
-
24a · Other expenses: BAD DEBT EXPENSE
total $25 · management and general $25
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $0 · end of year $0
-
2 · Savings and temporary cash investments
beginning of year $5,104,359 · end of year $5,457,271
-
3 · Pledges and grants receivable
beginning of year $46,442 · end of year $9,777
-
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 $0 · end of year $0
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $4,598 · end of year $6,657
-
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 $6,612,351 · end of year $7,049,747
-
17 · Accounts payable and accrued expenses
beginning of year $0 · end of year $0
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $0 · end of year $0
-
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 $11,767,750 · end of year $12,523,452
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2022
Mission
TO PROVIDE GRANTS AND SCHOLARSHIPS TO SUPPORT NOT-FOR-PROFIT ORGANIZATIONS INCLUDING BRONXCARE HEALTH SYSTEM.
Activities or mission (Part I)
TO SUPPORT PROGRAMS AND NEW INITIATIVES OF NOT-FOR-PROFIT ORGANIZATIONS INCLUDING BRONXCARE HEALTH SYSTEM.
-
TO SUPPORT PROGRAMS AND NEW INITIATIVES OF NOT-FOR-PROFIT ORGANIZATIONS INCLUDING BRONXCARE HEALTH SYSTEM.
As filed on the 2022 return.
Listed in Part VII
-
MR MIGUEL A FUENTES JR
PRESIDENT AND CEO
- Total calculated
- $2,351,398
- From this org
- $0
- From related orgs
- $2,291,637
- Other
- $59,761
- Hours/week
- 1 + 44 related
Schedule J breakdown matched by us
- Base
- $0 + $1,457,793 related
- Bonus
- $0 + $825,439 related
- Other
- $0 + $8,405 related
- Deferred
- $0 + $24,483 related
- Nontaxable benefits
- $0 + $35,278 related
- Filer's total
- $0 + $2,351,398 related
-
MR VICTOR DEMARCO
TREASURER
- Total calculated
- $1,140,757
- From this org
- $0
- From related orgs
- $1,079,496
- Other
- $61,261
- Hours/week
- 1 + 44 related
Schedule J breakdown matched by us
- Base
- $0 + $802,591 related
- Bonus
- $0 + $249,000 related
- Other
- $0 + $27,905 related
- Deferred
- $0 + $24,483 related
- Nontaxable benefits
- $0 + $36,778 related
- Filer's total
- $0 + $1,140,757 related
-
MS RITA DIMARTINO
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 1 + 2 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 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 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
- BRONXCARE HEALTH SYSTEM (BCHS), A RELATED ENTITY, USES A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, WRITTEN EMPLOYMENT CONTRACT AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE TO DETERMINE THE SALARY OF THE PRESIDENT & CEO, AND THE SENIOR VICE PRESIDENT & CFO.BRONXCARE HEALTH SYSTEM (BCHS), A RELATED ENTITY, USES A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, WRITTEN EMPLOYMENT CONTRACT AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE TO DETERMINE THE SALARY OF THE PRESIDENT & CEO, AND THE SENIOR VICE PRESIDENT & CFO.
- SCHEDULE J, PART I, LINE 4
- MR. VICTOR G. DEMARCO PARTICIPATES IN A 457(F) PLAN. THERE WERE NO CONTRIBUTIONS TO THE PLAN DURING 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.
-
MARTIN LUTHER KING JR HEALTH CENTER
501(C)(3) · OUTPATIENT MS · NY
Directly controlled by BRONXCARE HS
-
501(C)(3) · NURSING HOME · NY
Directly controlled by BRONXCARE HS
-
501(C)(3) · HOSPITAL · NY
Directly controlled by BRONXCARE HS
-
1650 BRONXCARE HEALTH CENTER SERVICES CO
201(C)(3) · APT BUILDING · NY
Directly controlled by BRONXCARE HS
-
1770 BRONXCARE HEALTH CENTER SERVICES CO
501(C)(3) · APT BUILDING · NY
Directly controlled by BRONXCARE HS
-
BRONX-LEBANON HIGHBRIDGE WOODYCREST CENT
501(C)(3) · NURSING HOME · NY
Directly controlled by BRONXCARE HS
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.
-
BRONXCARE DEVELOPMENT CORPORATION
C CORP · REAL ESTATE DEV · NY
Directly controlled by BRONXCARE HEALT
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303189349311970
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.