PHYSICIANS HOME: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- PHYSICIANS HOME (EIN 13-1782482)
- Tax period
- 2019-10-01 to 2020-09-30
- Filed
- 2021-02-10
- IRS object ID
- 202100419349301360
- Schema version
- 2019v5.2
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-02-10T13:57:29-06:00 | ReturnTs |
| Tax Period End | 2020-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 271728945 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PKF O'CONNOR DAVIES LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 665 FIFTH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131782482 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PHYSICIANS HOME INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PHYS | BusinessNameControlTxt |
| Phone | 6469082637 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 515 MADISON AVE 8TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100228606 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOSEPH B CLEARY MD | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6469082637 | PhoneNum |
| Signature | 2021-02-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GARRETT M HIGGINS | PreparerPersonNm |
| PTIN | P00543209 | PTIN |
| Phone | 2122862600 | PhoneNum |
| Preparation | 2021-02-08 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Principal Officer | JOSEPH B CLEARY MD | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 515 MADISON AVE 8TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100228606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,588,865 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.PHYSICIANSHOME.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1919 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | TO ASSIST PHYSICIANS WHO FALL ON HARD TIMES AND ARE IN NEED OF FINANCIAL HELP. | ActivityOrMissionDesc |
| Voting Members Governing Body | 19 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 3 | TotalEmployeeCnt |
| Total Volunteers | 22 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $44,790 | PYContributionsGrantsAmt |
| CY Contributions Grants | $123,925 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $296,202 | PYInvestmentIncomeAmt |
| CY Investment Income | $662,655 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | -$4,263 | CYOtherRevenueAmt |
| PY Total Revenue | $340,992 | PYTotalRevenueAmt |
| CY Total Revenue | $782,317 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $372,839 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $416,200 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $110,765 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $110,988 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $45,029 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $203,676 | PYOtherExpensesAmt |
| CY Other Expenses | $206,515 | CYOtherExpensesAmt |
| PY Total Expenses | $687,280 | PYTotalExpensesAmt |
| CY Total Expenses | $733,703 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$346,288 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $48,614 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $11,841,503 | TotalAssetsBOYAmt |
| Total Assets EOY | $12,658,107 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $46,131 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $22,599 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $11,795,372 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $12,635,508 | NetAssetsOrFundBalancesEOYAmt |
| Mission | PHYSICIANS' HOME ASSISTS PHYSICIANS AND THEIR FAMILY MEMBERS WHO FALL ON HARD TIMES AND ARE IN NEED OF FINANCIAL HELP. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $511,845 | ExpenseAmt |
| Grant | $416,200 | GrantAmt |
| Desc | PHYSICIANS' 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 $415,900 IN DIRECT ASSISTANCE TO 27 PHYSICIANS AND 7 FAMILY MEMBERS DURING THE YEAR. | Desc |
| Total Program Service Expenses | $511,845 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 3 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 3 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 19 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOSEPH B CLEARY MD | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6469082637 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 515 MADISON AVE 8TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100228606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| JOSEPH B CLEARY MD | ||||||
| DIRECTOR/PRESIDENT/CEO | 15.00 | Yes (X) | Yes (X) | $50,000 | $0 | $0 |
| ANDREW E SAMA MD | ||||||
| DIR/CHAIRMAN/1ST VICE-PRES | 1.25 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MARTHA REDO ESQ | ||||||
| DIRECTOR / 2ND VICE-PRESID | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| PETER VOGES MD | ||||||
| DIRECTOR / TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JACQUELINE SALZER MD | ||||||
| DIRECTOR / ASST. TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| DONALD D FAGER ESQ | ||||||
| DIRECTOR / SECRETARY | 0.10 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| BRUCE C HORTEN MD | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DAVID S KARAN MD | ||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | |
| EDWARD MOSS MD | ||||||
| DIRECTOR THRU DEC 2019 (SEE SCH. O) | 0.00 | Yes (X) | $0 | $0 | $0 | |
| FAZLOLLAH MOQTADERI MD | ||||||
| DIRECTOR | 1.50 | Yes (X) | $0 | $0 | $0 | |
| FRANCIS IACOBELLIS MD | ||||||
| DIRECTOR (SEE SCH. O) | 0.00 | Yes (X) | $0 | $0 | $0 | |
| FRANK IAQUINTA MD | ||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | |
| GEORGE DERMKSIAN MD | ||||||
| DIRECTOR | 1.50 | Yes (X) | $0 | $0 | $0 | |
| JOEL ARCHER MD | ||||||
| DIRECTOR THRU DEC 2019 (SEE SCH. O) | 0.00 | Yes (X) | $0 | $0 | $0 | |
| JOHN A MCCLUNG MD | ||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | |
| JOHN MOORE MD | ||||||
| DIRECTOR (SEE SCH. O) | 0.00 | Yes (X) | $0 | $0 | $0 | |
| JOHN W LOMBARDO MD | ||||||
| DIRECTOR | 0.20 | Yes (X) | $0 | $0 | $0 | |
| MARY DODD LMSW | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MARY O'DOWD | ||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | |
| SHARON-MARIE ROONEY MD | ||||||
| DIRECTOR | 0.20 | Yes (X) | $0 | $0 | $0 | |
| STEPHEN CONNOLLY MD | ||||||
| DIRECTOR THRU DEC 2019 (SEE SCH. O) | 0.00 | Yes (X) | $0 | $0 | $0 | |
| SYDNEY D BOGART MD | ||||||
| DIRECTOR | 0.20 | Yes (X) | $0 | $0 | $0 | |
| WILLIAM HEALY MD | ||||||
| DIRECTOR THRU DEC 2019(SEE SCH. O) | 0.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $50,000 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $123,925 | AllOtherContributionsAmt |
| Total Contributions | $123,925 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $194,200 | TotalRevenueColumnAmt |
| Exclusion | $194,200 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,245,490 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $777,035 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $468,455 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $468,455 | TotalRevenueColumnAmt |
| Exclusion | $468,455 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $25,250 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $29,513 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$4,263 | TotalRevenueColumnAmt |
| Exclusion | -$4,263 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $782,317 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $658,392 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $300 | TotalAmt |
| Program Services | $300 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $415,900 | TotalAmt |
| Program Services | $415,900 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,000 | TotalAmt |
| Program Services | $25,000 | ProgramServicesAmt |
| Management And General | $12,500 | ManagementAndGeneralAmt |
| Fundraising | $12,500 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,101 | TotalAmt |
| Program Services | $26,550 | ProgramServicesAmt |
| Management And General | $13,276 | ManagementAndGeneralAmt |
| Fundraising | $13,275 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,887 | TotalAmt |
| Program Services | $3,944 | ProgramServicesAmt |
| Management And General | $1,971 | ManagementAndGeneralAmt |
| Fundraising | $1,972 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,145 | TotalAmt |
| Management And General | $26,145 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $86,162 | TotalAmt |
| Management And General | $86,162 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,234 | TotalAmt |
| Program Services | $5,581 | ProgramServicesAmt |
| Management And General | $8,365 | ManagementAndGeneralAmt |
| Fundraising | $288 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,975 | TotalAmt |
| Program Services | $33,987 | ProgramServicesAmt |
| Management And General | $16,994 | ManagementAndGeneralAmt |
| Fundraising | $16,994 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,660 | TotalAmt |
| Management And General | $1,660 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,729 | TotalAmt |
| Management And General | $3,729 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $322 | TotalAmt |
| Management And General | $322 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,930 | TotalAmt |
| Management And General | $4,930 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | Program ServicesProgramServicesAmt |
|---|---|---|---|
| CHAR500 FILING FEE | $775 | $775 | |
| FOREIGN TAXES | $583 | $583 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $733,703 | TotalAmt |
| Program Services | $511,845 | ProgramServicesAmt |
| Management And General | $176,829 | ManagementAndGeneralAmt |
| Fundraising | $45,029 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $77,330 | BOYAmt |
| EOY | $55,227 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,497,377 | BOYAmt |
| EOY | $1,120,926 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $2,000 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,173 | BOYAmt |
| EOY | $1,367 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $8,307 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $6,728 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $494 | BOYAmt |
| EOY | $1,579 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,227,792 | BOYAmt |
| EOY | $11,453,388 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,337 | BOYAmt |
| EOY | $23,620 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,841,503 | BOYAmt |
| EOY | $12,658,107 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,821 | BOYAmt |
| EOY | $22,599 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,310 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,131 | BOYAmt |
| EOY | $22,599 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,985,170 | BOYAmt |
| EOY | $11,805,719 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $810,202 | BOYAmt |
| EOY | $829,789 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,795,372 | BOYAmt |
| EOY | $12,635,508 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,841,503 | BOYAmt |
| EOY | $12,658,107 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $48,614 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $791,522 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $154,520 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $150,912 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $47,102 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $44,790 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $123,925 | CurrentTaxYearAmt |
| Total | $521,249 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $154,520 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $150,912 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $47,102 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $44,790 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $123,925 | CurrentTaxYearAmt |
| Total | $521,249 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $117,981 | SubstantialContributorsTotAmt |
| Public Support Total170 | $403,268 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $151,965 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $195,673 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $195,119 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $225,306 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $194,200 | CurrentTaxYearAmt |
| Total | $962,263 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $1,483,512 | TotalSupportAmt |
| Public Support CY170 | 0.27180 | PublicSupportCY170Pct |
| Public Support PY170 | 0.23680 | PublicSupportPY170Pct |
| Ten Pct Facts Crcmstncs Test CY | Yes (X) | TenPctFactsCrcmstncsTestCYInd |
| Facts And Circumstances Test | THE YEAR 2019 WAS THE CENTENNIAL YEAR OF OUR CHARITABLE ORGANIZATION. PHYSICIANS' HOME HAS DEPENDED ON PUBLIC SUPPORT FROM BOTH THE PHYSICIAN AND NON-PHYSICIAN COMMUNITY THROUGHOUT ITS 100-YEAR HISTORY. THE ORGANIZATION MAINTAINS AN ONGOING AND CONTINUOUS PROGRAM TO OBTAIN PUBLIC SUPPORT WHICH CENTERS ON AN ANNUAL FUNDRAISING APPEAL LETTER SENT TO PREVIOUS DONORS. AT INTERVALS AN APPEAL IS SENT TO ALL NEW YORK STATE PHYSICIANS, NUMBERING OVER 70,000. ADDITIONALLY, MANY OF THE NEW YORK STATE AND 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, 2020, PHYSICIANS' HOME RECEIVED OVER 390 DONATIONS, LARGE AND SMALL IN AMOUNT, MOSTLY FROM INDIVIDUAL CONTRIBUTORS.WE CONTINUE TO UPDATE OUR WEBSITE NOT ONLY TO PRESENT MORE INFORMATION ABOUT OUR MISSION, BUT ALSO TO PROVIDE POTENTIAL DONORS THE OPPORTUNITY TO CONTRIBUTE ONLINE WITH A CREDIT CARD. THE DONOR TRANSACTION PAGES OF THE WEBSITE, ACCESSIBLE FROM THE HOME PAGE, HAVE PROVED EASY TO NEGOTIATE, WITH CONTRIBUTIONS CONTINUING TO COME IN VIA THIS ROUTE. THIS YEAR WE HAVE ADDED PICTURES AND COMMENTARY FROM OUR CENTENNIAL CELEBRATION EVENT HELD IN OCTOBER, 2019.THE ORGANIZATION'S INVESTMENT PORTFOLIO HAS BEEN BUILT UP GRADUALLY OVER THE YEARS AS A RESULT OF ONGOING GENEROSITY FROM BOTH THE PHYSICIAN AND NON-PHYSICIAN COMMUNITIES. DONATIONS HAVE INCLUDED OVER ONE HUNDRED ESTATE BEQUESTS SINCE THE ORGANIZATION'S FOUNDING IN 1919, AND ESTATE BEQUESTS CONTINUE TO ADD TO OUR FINANCIAL RESOURCES.DURING THE YEAR ENDED SEPTEMBER 30, 2020 PHYSICIANS' HOME CONTINUED ADDING EMAIL ADDRESSES TO THE ORGANIZATION'S CONTRIBUTOR DATABASE.THE ADMINISTRATIVE OFFICE OF THE ORGANIZATION IS STAFFED DAILY, RESPONDING TO INQUIRIES FROM INDIVIDUALS SEEKING HELP, AS WELL AS PAYING CLOSE ATTENTION TO THE DETAILS REQUIRED TO PROCESS DONATIONS. AN EXECUTIVE COMMITTEE OF THE BOARD MEETS ON A REGULAR BASIS, ABOUT ONCE PER MONTH, TO REVIEW BENEFICIARY CIRCUMSTANCES AS WELL AS TO ADDRESS OTHER ISSUES. CHECKS ARE DISBURSED TO BENEFICIARIES ON A MONTHLY BASIS; ON OCCASION, ADDITIONAL ASSISTANCE IS PROVIDED SHOULD AN URGENT BENEFICIARY SITUATION ARISE. THIS YEAR, FROM MARCH 2020 ONWARD, EXECUTIVE COMMITTEE MEETINGS WERE HELD BY TELEPHONE CONFERENCE CALL, AND CONTINUED AT THEIR REGULAR INTERVAL.THE 19 MEMBER GOVERNING BODY FOR 2020 CONSISTED OF PRACTICING AND RETIRED PHYSICIANS, AS WELL AS LAYPERSONS DEDICATED TO THE MISSION OF PHYSICIANS' HOME. OUR BOARD MEMBERS PROVIDE DIVERSE POINTS OF VIEW REGARDING MATTERS BEFORE THE ORGANIZATION. OUR GOVERNING BODY IS ENTHUSIASTIC AS IT CONTINUES EFFORTS TO FURTHER THE MISSION OF THIS 100 YEAR-OLD CHARITABLE ORGANIZATION. | FactsAndCircumstancesTestTxt |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: | FormAndLineReferenceDesc |
| Explanation | DESCRIPTION: ASSET TRANSFER FROM LIQUIDATED ENTITY DATE: 03/31/16 AMOUNT: 2359137. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $810,202 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $39,716 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $20,129 | OtherExpendituresAmt |
| End Year Balance | $829,789 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $799,843 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $32,840 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $22,481 | OtherExpendituresAmt |
| End Year Balance | $810,202 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $761,105 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $59,850 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $21,112 | OtherExpendituresAmt |
| End Year Balance | $799,843 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 0.23680 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.76320 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,342 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,799 | DepreciationAmt |
| Book Value | $1,543 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,965 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,929 | DepreciationAmt |
| Book Value | $36 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,579 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $1,487,094 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $791,522 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $791,522 | RevenueNotReportedAmt |
| Revenue Subtotal | $695,572 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $86,162 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $583 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $86,745 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $782,317 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $646,958 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $646,958 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $86,162 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $583 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $86,745 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $733,703 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 2017 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 583. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | FOREIGN TAXES REPORTED ON PART IX 583. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | CENTENNIAL EVENT | Event1Nm |
| Gross Receipts Event1 | $25,250 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $25,250 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $16,137 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $8,963 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $4,413 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $25,250 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $25,250 | GrossRevenueTotalEventsAmt |
| Food And Beverage Total Events | $16,137 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $8,963 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $4,413 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $29,513 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$4,263 | NetIncomeSummaryAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II - FUNDRAISING EVENTS | FormAndLineReferenceDesc |
| Explanation | THE CENTENNIAL EVENT REPORTED IN PART II UNDER FUNDRAISING EVENTS WAS INTENDED AS MORE OF A CELEBRATORY EVENT THAN A FUNDRAISER, TO RECOGNIZE THE 100-YEAR ANNIVERSARY OF OUR CHARITABLE ORGANIZATION. THE EVENT WAS HELD TO THANK THE MANY CONTRIBUTORS AND FRIENDS OF PHYSICIANS' HOME, AND TICKETS FOR THE EVENING WERE PRICED WITH THIS IN MIND. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | FINANCIAL ASSISTANCE | GrantTypeTxt |
| Recipient | 34 | RecipientCnt |
| Cash Grant | $415,900 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE EXECUTIVE COMMITTEE ASSUMES RESPONSIBILITY FOR MONITORING THE USE OF THE GRANT FUNDS FOR THEIR INTENDED PURPOSES. THE EXECUTIVE 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 (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | PHYSICIANS' 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 7A | EACH CONTRIBUTING MEMBER MAY ATTEND THE ANNUAL MEETING OF THE ORGANIZATION, AND VOTE FOR THE GOVERNING BODY. MEMBERS OF THE GOVERNING BODY ARE CONSIDERED ADMINISTRATIVE MEMBERS. EACH CONTRIBUTING MEMBER AND ADMINISTRATIVE MEMBER OF THE CORPORATION IS ENTITLED TO ONE VOTE, IN PERSON OR BY PROXY, AT ALL MEETINGS OF MEMBERS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM, AND THEN REVIEWED INTERNALLY BY MANAGEMENT AND THE ORGANIZATION'S OUTSIDE CONSULTANT. ONCE THIS IS COMPLETE, A PAPER COPY OF THE FORM 990 IS PROVIDED TO ALL 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 12C | THE PHYSICIANS' HOME CONFLICT OF INTEREST POLICY COVERS ALL MEMBERS OF THE BOARD OF DIRECTORS, TRUSTEES, OFFICERS, ACCOUNTANT(S), AUDITOR(S), INVESTMENT MANAGER(S), AND OFFICE STAFF. THESE PERSONS RECEIVE A STATEMENT OF CONFLICT OF INTEREST POLICY (WHICH ALSO COVERS CONFIDENTIALITY AND WHISTLEBLOWER ACTIVITIES). 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 VALIDATED BY THE EXECUTIVE COMMITTEE, THE PERSON IS EXPECTED TO RECUSE HIMSELF/HERSELF FROM THE RELATED ACTIVITIES. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE 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. THIS AMOUNT REPRESENTS APPROXIMATELY TWO-THIRDS OF THE COMPENSATION PAID BY OTHER SIMILAR ORGANIZATIONS. BOARD MEMBERS APPROVED THE FINAL PROPOSED PRESIDENT/CEO'S SALARY IN WRITING AND THE ORGANIZATION HAS RETAINED THEIR RESPONSES. THE BOARD HAS LEFT THE SALARY UNCHANGED SUBSEQUENT TO OCTOBER 1, 2018. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE 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, 8TH FL, NEW YORK, NY 10022-8606. |
| FORM 990, PART VII-A, COLUMN (B) BOARD MEMBER HOURS: | BOARD MEMBER HOURS PER WEEK REPORTED IN PART VII, SECTION A, REFLECT THAT CERTAIN MEMBERS OF THE GOVERNING BODY WERE IN A TRANSITION ROLE OFF THE BOARD OR TO A NON-VOTING POSITION AS DIRECTOR EMERITUS OR TRUSTEE, AND HOURS PER WEEK REFLECT SUCH TRANSITIONS DURING THE YEAR; AS WELL AS ONE MEMBER WHO IS PRACTICING PHYSICIAN THAT WILL HAVE INCREASED PARTICIPATION ON THE BOARD IN THE FOLLOWING YEAR. |
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