BETA

PHYSICIANS HOME: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
PHYSICIANS HOME (EIN 13-1782482)
Tax period
2021-10-01 to 2022-09-30
Filed
2023-01-19
IRS object ID
202300199349300335
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-01-19T16:48:18-06:00ReturnTs
Tax Period End2022-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN271728945PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PKF O'CONNOR DAVIES LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1245 PARK AVENUE 12TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10167ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN131782482EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PHYSICIANS HOME INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPHYSBusinessNameControlTxt
Phone6469082637PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1515 MADISON AVE FL 8AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100228606ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonANDREW SAMA MDPersonNm
Person TitleCHAIRMANPersonTitleTxt
Phone6469082637PhoneNum
Signature2023-01-19SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstANDREWPersonFirstNm
Person LastSAMA MDPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonEVA MRUKPreparerPersonNm
PTINP00543254PTIN
Phone2122862600PhoneNum
Preparation2023-01-18PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-03-07 01:45:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerANDREW SAMA MDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1515 MADISON AVE FL 8AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100228606ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,727,196GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.PHYSICIANSHOME.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1919FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTO ASSIST PHYSICIANS WHO FALL ON HARD TIMES AND ARE IN NEED OF FINANCIAL HELP.ActivityOrMissionDesc
Voting Members Governing Body15VotingMembersGoverningBodyCnt
Voting Members Independent14VotingMembersIndependentCnt
Total Employee3TotalEmployeeCnt
Total Volunteers14TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$42,854PYContributionsGrantsAmt
CY Contributions Grants$45,398CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$1,400,035PYInvestmentIncomeAmt
CY Investment Income$647,508CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,442,889PYTotalRevenueAmt
CY Total Revenue$692,906CYTotalRevenueAmt
PY Grants And Similar Paid$352,706PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$269,585CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$110,327PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$114,752CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$44,903CYTotalFundraisingExpenseAmt
PY Other Expenses$208,702PYOtherExpensesAmt
CY Other Expenses$207,351CYOtherExpensesAmt
PY Total Expenses$671,735PYTotalExpensesAmt
CY Total Expenses$591,688CYTotalExpensesAmt
PY Revenues Less Expenses$771,154PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$101,218CYRevenuesLessExpensesAmt
Total Assets BOY$15,146,613TotalAssetsBOYAmt
Total Assets EOY$12,242,729TotalAssetsEOYAmt
Total Liabilities BOY$24,200TotalLiabilitiesBOYAmt
Total Liabilities EOY$26,400TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$15,122,413NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$12,216,329NetAssetsOrFundBalancesEOYAmt
MissionPHYSICIANS' HOME ASSISTS PHYSICIANS AND THEIR FAMILY MEMBERS WHO FALL ON HARD TIMES AND ARE IN NEED OF FINANCIAL HELP.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$363,901ExpenseAmt
Grant$269,585GrantAmt
Revenue$0RevenueAmt
DescPHYSICIANS' HOME PROVIDES HELP TO PHYSICIANS WHO FALL ON HARD FINANCIAL TIMES AND/OR THEIR IMMEDIATE FAMILY MEMBERS WHO BECOME DEPENDENT. DURING THE YEAR, THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS EVALUATED THE NEEDS OF NEW BENEFICIARIES AS WELL AS THOSE OF EXISTING BENEFICIARIES FOR CONTINUED ASSISTANCE. THE ORGANIZATION PROVIDED $269,585 IN DIRECT ASSISTANCE TO 16 PHYSICIANS AND 6 FAMILY MEMBERS DURING THE YEAR.Desc
Total Program Service Expenses$363,901TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document3IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee3EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members15GoverningBodyVotingMembersCnt
Independent Voting Member14IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MARTHA REDO ESQBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6469082637PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1515 MADISON AVE FL 8AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100228606ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JOSEPH B CLEARY MD
DIRECTOR/PRESIDENT/CEO15.00Yes (X)Yes (X)$50,000$0$0
ANDREW E SAMA MD
DIR/CHAIRMAN/1ST VICE-PRESIDENT1.50Yes (X)Yes (X)$0$0$0
MARTHA REDO ESQ
DIRECTOR/2ND VICE-PRESIDENT1.00Yes (X)Yes (X)$0$0$0
PETER VOGES MD
DIRECTOR/TREASURER0.20Yes (X)Yes (X)$0$0$0
JACQUELINE SALZER MD
DIRECTOR/ASST. TREASURER1.25Yes (X)Yes (X)$0$0$0
DONALD D FAGER ESQ
DIRECTOR/SECRETARY0.75Yes (X)Yes (X)$0$0$0
SYDNEY D BOGART MD
DIRECTOR0.25Yes (X)$0$0$0
BRUCE C HORTEN MD
DIRECTOR1.25Yes (X)$0$0$0
FRANK IAQUINTA MD
DIRECTOR0.50Yes (X)$0$0$0
DAVID S KARAN MD
DIRECTOR0.01Yes (X)$0$0$0
JOHN W LOMBARDO MD
DIRECTOR0.50Yes (X)$0$0$0
JOHN A MCCLUNG MD
DIRECTOR0.25Yes (X)$0$0$0
FAZLOLLAH MOQTADERI MD
DIRECTOR1.50Yes (X)$0$0$0
MARY O'DOWD
DIRECTOR0.75Yes (X)$0$0$0
SHARON-MARIE ROONEY MD
DIRECTOR0.50Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$50,000TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$45,398AllOtherContributionsAmt
Total Contributions$45,398TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$220,141TotalRevenueColumnAmt
Exclusion$220,141ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$1,461,657SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$1,034,290SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$427,367SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$427,367TotalRevenueColumnAmt
Exclusion$427,367ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$692,906TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$647,508ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$269,585TotalAmt
Program Services$269,585ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$50,000TotalAmt
Program Services$25,000ProgramServicesAmt
Management And General$12,500ManagementAndGeneralAmt
Fundraising$12,500FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$56,597TotalAmt
Program Services$28,299ProgramServicesAmt
Management And General$14,149ManagementAndGeneralAmt
Fundraising$14,149FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$8,155TotalAmt
Program Services$4,077ProgramServicesAmt
Management And General$2,039ManagementAndGeneralAmt
Fundraising$2,039FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$32,050TotalAmt
Management And General$32,050ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$93,694TotalAmt
Management And General$93,694ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$10,906TotalAmt
Program Services$5,039ProgramServicesAmt
Management And General$5,602ManagementAndGeneralAmt
Fundraising$265FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$63,801TotalAmt
Program Services$31,901ProgramServicesAmt
Management And General$15,950ManagementAndGeneralAmt
Fundraising$15,950FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$488TotalAmt
Management And General$488ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$5,016TotalAmt
Management And General$5,016ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmt
FILING FEE$775$775
FOREIGN TAXES$621$621

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$591,688TotalAmt
Program Services$363,901ProgramServicesAmt
Management And General$182,884ManagementAndGeneralAmt
Fundraising$44,903FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$132,138BOYAmt
EOY$211,112EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,331,749BOYAmt
EOY$2,112,035EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,189BOYAmt
EOY$1,179EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$8,783LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$7,739LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,532BOYAmt
EOY$1,044EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$13,666,340BOYAmt
EOY$9,904,998EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$13,665BOYAmt
EOY$12,361EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$15,146,613BOYAmt
EOY$12,242,729EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$24,200BOYAmt
EOY$26,400EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$24,200BOYAmt
EOY$26,400EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$14,134,512BOYAmt
EOY$11,361,024EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$987,901BOYAmt
EOY$855,305EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$15,122,413BOYAmt
EOY$12,216,329EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$15,146,613BOYAmt
EOY$12,242,729EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$101,218ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$3,007,302NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$47,102CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$44,790CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$123,925CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$42,854CurrentTaxYearMinus1YearAmt
Current Tax Year$45,398CurrentTaxYearAmt
Total$304,069TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$47,102CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$44,790CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$123,925CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$42,854CurrentTaxYearMinus1YearAmt
Current Tax Year$45,398CurrentTaxYearAmt
Total$304,069TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$57,698SubstantialContributorsTotAmt
Public Support Total170$246,371PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$195,119CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$225,306CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$194,200CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$206,740CurrentTaxYearMinus1YearAmt
Current Tax Year$220,141CurrentTaxYearAmt
Total$1,041,506TotalAmt
FieldValueIRS element (for citing)
Total Support$1,345,575TotalSupportAmt
Public Support CY1700.18310PublicSupportCY170Pct
Public Support PY1700.20250PublicSupportPY170Pct
Ten Pct Facts Crcmstncs Test CYYes (X)TenPctFactsCrcmstncsTestCYInd
Facts And Circumstances TestPHYSICIANS' HOME HAS DEPENDED ON PUBLIC SUPPORT FROM BOTH THE PHYSICIAN AND NON-PHYSICIAN COMMUNITY THROUGHOUT ITS LONG HISTORY. THE ORGANIZATION MAINTAINS AN ONGOING PROGRAM TO OBTAIN PUBLIC SUPPORT WHICH CENTERS ON AN ANNUAL FUNDRAISING APPEAL TO PREVIOUS DONORS. AT INTERVALS AN APPEAL IS SENT TO ALL NEW YORK STATE PHYSICIANS, NUMBERING OVER 70,000. ALSO MANY OF THE NEW YORK COUNTY MEDICAL SOCIETIES, WHEN SOLICITING THEIR ANNUAL DUES PAYMENT FROM MEMBER PHYSICIANS, ENCOURAGE THE DOCTORS TO ADD AN ADDITIONAL AMOUNT FOR PHYSICIANS' HOME - WHICH THE MEDICAL SOCIETY THEN FORWARDS TO US. DURING THE YEAR ENDED SEPTEMBER 30, 2022, PHYSICIANS' HOME RECEIVED OVER 330 DONATIONS, LARGE AND SMALL IN AMOUNT, MOSTLY FROM INDIVIDUAL CONTRIBUTORS.THE COVID SITUATION HAS BEEN A CHALLENGE FOR ALL, AND OUR ORGANIZATION CONTINUED TO MAINTAIN THE ADMINISTRATION OFFICE IN NEW YORK CITY WITH THE HELP OF OUR OFFICE STAFF WORKING ON STAGGERED SCHEDULES. WE HAVE CONTINUED BY VIRTUAL MODE OUR REGULAR INTERVAL EXECUTIVE COMMITTEE MEETINGS TO REVIEW BENEFICIARY CIRCUMSTANCES; WE HAVE ALSO BEEN ABLE TO SEND OUT OUR ANNUAL APPEAL LETTER.ONLINE DONATION IS FACILITATED BY THE TRANSACTION PAGES ON OUR WEBSITE DONOR SECTION WHICH IS SPECIFICALLY DESIGNED FOR A CHARITABLE, NON-PROFIT ORGANIZATION. WE ALSO CONTINUE TO COLLECT CONTRIBUTOR EMAIL ADDRESSES FOR A DATABASE, SO THAT, IF NEEDED, WE COULD INTERACT WITH MOST CONTRIBUTORS BY EMAIL.THE ORGANIZATION'S INVESTMENT PORTFOLIO HAS BEEN BUILT UP OVER THE YEARS AS A RESULT OF ONGOING GENEROSITY OF BOTH THE PHYSICIAN AND NON-PHYSICIAN COMMUNITIES. DONATIONS HAVE INCLUDED OVER ONE HUNDRED ESTATE BEQUESTS SINCE THE ORGANIZATION'S FOUNDING IN 1919.THE ADMINISTRATIVE OFFICE IS STAFFED DAILY, RESPONDING TO INQUIRIES FROM INDIVIDUALS SEEKING HELP, AS WELL AS GIVING CLOSE ATTENTION TO THE DETAILS REQUIRED TO PROCESS DONATIONS. ASSISTANCE PAYMENTS ARE MADE FROM THE OFFICE TO BENEFICIARIES ON A MONTHLY BASIS; THE OFFICE HAS RECENTLY INTRODUCED A DIRECT DEPOSIT OPTION FOR BENEFICIARIES WHO WISH TO GO THAT ROUTE. ON OCCASION ADDITIONAL ASSISTANCE MAY BE PROVIDED SHOULD AN URGENT BENEFICIARY SITUATION ARISE.OUR GOVERNING BODY CONSISTS OF PRACTICING AND RETIRED PHYSICIANS, AS WELL AS LAYPERSONS DEDICATED TO THE MISSION OF PHYSICIANS' HOME. THEY PROVIDE DIVERSE POINTS OF VIEW REGARDING MATTERS BEFORE THE ORGANIZATION, AND ALL LOOK WITH ENTHUSIASM AS WE ENTER OUR SECOND CENTURY OF CHARITABLE WORKFactsAndCircumstancesTestTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$987,901BeginningYearBalanceAmt
Investment Earnings Or Losses-$112,243InvestmentEarningsOrLossesAmt
Other Expenditures$20,353OtherExpendituresAmt
End Year Balance$855,305EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$829,789BeginningYearBalanceAmt
Investment Earnings Or Losses$179,577InvestmentEarningsOrLossesAmt
Other Expenditures$21,465OtherExpendituresAmt
End Year Balance$987,901EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$810,202BeginningYearBalanceAmt
Investment Earnings Or Losses$39,716InvestmentEarningsOrLossesAmt
Other Expenditures$20,129OtherExpendituresAmt
End Year Balance$829,789EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$799,843BeginningYearBalanceAmt
Investment Earnings Or Losses$32,840InvestmentEarningsOrLossesAmt
Other Expenditures$22,481OtherExpendituresAmt
End Year Balance$810,202EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$761,105BeginningYearBalanceAmt
Investment Earnings Or Losses$59,850InvestmentEarningsOrLossesAmt
Other Expenditures$21,112OtherExpendituresAmt
End Year Balance$799,843EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY0.22980PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.77020TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,818OtherCostOrOtherBasisAmt
Depreciation$2,774DepreciationAmt
Book Value$1,044BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,965OtherCostOrOtherBasisAmt
Depreciation$4,965DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,044TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt-$2,408,711TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$3,007,302NetUnrealizedGainsInvstAmt
Revenue Not Reported-$3,007,302RevenueNotReportedAmt
Revenue Subtotal$598,591RevenueSubtotalAmt
Investment Expenses Not Incld$93,694InvestmentExpensesNotIncldAmt
Other Revenues Not Included$621OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$94,315RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$692,906TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$497,373TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$497,373ExpensesSubtotalAmt
Investment Expenses Not Incld2$93,694InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$621OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$94,315ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$591,688TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ORGANIZATION'S RETURNS FOR ALL YEARS SINCE FISCAL 2019 REMAIN OPEN TO EXAMINATION BY THE RESPECTIVE TAXING AUTHORITIES. THERE ARE CURRENTLY NO EXAMINATIONS IN PROGRESS.
PART XI, LINE 4B - OTHER ADJUSTMENTS:FOREIGN TAXES REPORTED ON PART IX 621.
PART XII, LINE 4B - OTHER ADJUSTMENTS:FOREIGN TAXES REPORTED ON PART IX 621.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeFINANCIAL ASSISTANCEGrantTypeTxt
Recipient22RecipientCnt
Cash Grant$269,585CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE EXECUTIVE COMMITTEE ASSUMES RESPONSIBILITY FOR MONITORING THE USE OF THE GRANT FUNDS FOR THEIR INTENDED PURPOSES. THE EXECUTIVE COMMITTEE, ALONG WITH BOARD MEMBERS ON A ROTATING BASIS, HAS THE RESPONSIBILTY OF MONITORING THE APPROPRIATE DISTRIBUTION OF FUNDS TO BENEIFICARIES. THE COMMITTEE REVIEWS BENEFICIARIES AT A MINIMUM OF ONCE PER YEAR, AND OFTEN MORE FREQUENTLY, AND THIS INCLUDES INFORMATION PROVIDED THROUGH SOCIAL SERVICE INTERVIEWS AND THIRD PARTY ORGANIZATIONS WHO MAY BE INVOLVED IN THE BENEFICIARY CIRCUMSTANCES. SOME BENEFICIARIES ARE ASKED FOR DETAILED DOCUMENTATION OF THEIR STATED EXPENSES, WHICH IS THEN COMPARED TO THE AMOUNT AWARDED.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6PHYSICIANS' HOME HAS TWO CLASSES OF MEMBERSHIP, CONTRIBUTING MEMBERS AND ADMINISTRATIVE MEMBERS. CONTRIBUTORS OF $25 OR MORE TO THE ORGANIZATION ARE CONTRIBUTING MEMBERS FOR THAT FISCAL YEAR. DIRECTORS, TRUSTEES, AND OFFICERS ARE ADMINISTRATIVE MEMBERS. BOTH CLASSES OF MEMBERS HAVE THE RIGHT TO ELECT THE BOARD OF DIRECTORS, WHICH ARE ELECTED ANNUALLY BY A MAJORITY VOTE OF ALL MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7ACONTRIBUTING MEMBERS AND ADMINISTRATIVE MEMBERS ARE EACH ENTITLED TO ONE VOTE, IN PERSON OR BY PROXY, TO ELECT THE BOARD OF DIRECTORS, AND ON ANY OTHER MATTER AS DETERMINED BY THE BOARD OF DIRECTORS. MATTERS ARE DECIDED BY THE CONCURRING VOTE OF THE MAJORITY.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM, AND THEN REVIEWED INTERNALLY BY THE ORGANIZATION'S CHAIRMAN OR OTHER DESIGNATED OFFICER AND THE ORGANIZATION'S OUTSIDE CONSULTANT. ONCE THIS IS COMPLETE, A PAPER COPY OF THE FORM 990 IS PROVIDED TO ALL CURRENT BOARD MEMBERS FOR ANY COMMENTS. ANY COMMENTS ARE ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE PHYSICIANS' HOME CONFLICT OF INTEREST POLICY COVERS ALL MEMBERS OF THE BOARD OF DIRECTORS, OFFICERS, AND EMPLOYEES. THESE PERSONS RECEIVE A STATEMENT OF CONFLICT OF INTEREST POLICY (WHICH ALSO COVERS CONFIDENTIALITY AND WHISTLEBLOWER ACTIVITIES). EACH PERSON SHALL ANNUALLY COMPLETE AND SIGN CONFLICT OF INTEREST POLICY. THE CONFLICT OF INTEREST STATEMENT REQUIRES THAT PERSONS COVERED UNDER THE STATEMENT WILL DISCLOSE TO THE EXECUTIVE COMMITTEE ANY SUCH SITUATION. IF AND WHEN A POTENTIAL CONFLICT OF INTEREST IS DISCLOSED AND DETERMINED BY THE EXECUTIVE COMMITTEE, THE PERSON IS EXPECTED TO RECUSE HIMSELF/HERSELF FROM THE ACTIVITIES.
FORM 990, PART VI, SECTION B, LINE 15ATHE ORGANIZATION FOLLOWED A PROCESS FOR DETERMINING THE PRESIDENT/CEO'S SALARY. THIS WAS CONDUCTED BY THE BOARD CHAIRMAN. AN OUTSIDE CONSULTING FIRM WAS ASKED TO PROVIDE INFORMATION ABOUT TYPICAL COMPENSATION FOR OTHER INDIVIDUALS IN A POSITION SIMILAR TO OUR PRESIDENT/CEOS. THE CHAIRMAN SHARED THE RESULTS OF THIS STUDY WITH THE BOARD MEMBERS, AND PROPOSED A SALARY INCREASE. BOARD MEMBERS APPROVED AN INCREASE IN THE COMPENSATION FOR THE POSITION FROM $30,000 TO $50,000 PER YEAR EFFECTIVE OCTOBER 1, 2018. THE BOARD HAS LEFT THE SALARY UNCHANGED SUBSEQUENT TO OCTOBER 1, 2018. BOARD MEMBERS APPROVED THE FINAL PROPOSED PRESIDENT/CEO'S SALARY IN WRITING AND THE ORGANIZATION HAS RETAINED THEIR RESPONSES.
FORM 990, PART VI, SECTION C, LINE 19THE FORM 990 IS AVAILABLE UPON REQUEST AND POSTED ON GUIDESTAR.ORG AND SIMILAR TYPES OF WEBSITES. THE FORMS 990, ANNUAL FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION, AND BY-LAWS ARE AVAILABLE UPON WRITTEN REQUEST FROM THE ORGANIZATION AT 515 MADISON AVE., FL 8, NEW YORK, NY 10022-8606.

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