SVCMC INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- SVCMC INC (EIN 13-4077996)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2013-02-11
- IRS object ID
- 201320429349301212
- Schema version
- 2011v1.5
- 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) |
|---|---|---|
| Timestamp | 2013-02-11T12:10:02-08:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 134077996 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Saint Vincent Catholic Medical Centers | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SAIN | NameControl |
| Phone | 2123565095 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 450 West 33rd street Mezzanine | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 10001 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Steven R Korf | Name |
| Title | CFO | Title |
| Date Signed | 2013-02-11 | DateSigned |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 335291466 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| All Affiliates Included | false | AllAffiliatesIncluded |
| Organization501c3 | X | Organization501c3 |
| Web Site | svcmcny.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1999 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | Saint Vincent Catholic Medical Centers of New York is a fully integrated health care system comprised of acute care, behavioral health, long term care and continuing care services. Saint Vincent Catholic Medical Centers. | ActivityOrMissionDescription |
| Termination Or Contraction | X | TerminationOrContraction |
| Nbr Voting Members Governing Body | 24 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 24 | NbrIndependentVotingMembers |
| Total Nbr Employees | 449 | TotalNbrEmployees |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 35646588 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 235254 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 352534299 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 117765061 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 493775 | InvestmentIncomePriorYear |
| Investment Income Current Year | 721799 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 227190460 | OtherRevenuePriorYear |
| Other Revenue Current Year | 216569352 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 615865122 | TotalRevenuePriorYear |
| Total Revenue Current Year | 335291466 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 219363675 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 21582968 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 299780846 | OtherExpensePriorYear |
| Other Expenses Current Year | 104775847 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 519144521 | TotalExpensesPriorYear |
| Total Expenses Current Year | 126358815 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 96720601 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 208932651 | RevenuesLessExpensesCY |
| Total Assets BOY | 170287046 | TotalAssetsBOY |
| Total Assets EOY | 90258064 | TotalAssetsEOY |
| Total Liabilities BOY | 943848288 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 654886655 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | -773561242 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | -564628591 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | Saint Vincent Catholic Medical Centers of New York is a fully integrated health care system comprised of acute care, behavioral health, long term care and continuing care services. Saint Vincent Catholic Medical Centers. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | true | SignificantChange |
| Expense | 84237045 | Expense |
| Grants | 235254 | Grants |
| Revenue | 335291466 | Revenue |
| Description | Saint Vincent Catholic Medical Centers of New York was a fully integrated health care system comprised of acute care, behavioral health, long term care and continuing care servcies. The system was an active medical research center in the area of oncology, cardiovascular disease, neurology, and nuclear medicine. It operated the only level 1 trauma center on the lower east side of Manhattan, one of the few level III neonatal intensive care units in the New York City, a cystic fibrosis center and a 24 hour emergency room. The system had designated AIDS center offering full range of clinical and support.On April 6, 2010, the Board of Trustees voted to approve the closure of System's Manhattan Hospital and the transfer or closure of the outpatient programs and clinics associated with and operated by the Manhattan Hospital.On April 14, 2010, the System filed a voluntary petition for relief under Chapter 11 of the Bankruptcy Code. | Description |
| Total Program Service Expense | 84237045 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | true | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 186 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 449 | NumberW2GIncluded |
| Compliance With Backup Witholding | false | ComplianceWithBackupWitholding |
| Number Of Employees | 449 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Form990-T Filed | false | Form990-TFiled |
| Foreign Financial Account | true | ForeignFinancialAccount |
| Name Of Foreign Country | CJ | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Form8886 T Filed | false | Form8886TFiled |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Non Deductible Disclosure | false | NonDeductibleDisclosure |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Quid Pro Quo Disclosure | false | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Number Of8282 Filed | 0 | NumberOf8282Filed |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Form8899 Filed | false | Form8899Filed |
| Form1098 C Filed | false | Form1098CFiled |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Filed Lieu1041 | false | FiledLieu1041 |
| Licensed More Than One State | false | LicensedMoreThanOneState |
| Indoor Tanning Services | false | IndoorTanningServices |
| Form720 Filed | false | Form720Filed |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 24 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 24 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | true | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | true | LocalChapters |
| Policies Reference Chapters | true | PoliciesReferenceChapters |
| Form990 Provided To Governing Body | false | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Written Policy Or Procedure | false | WrittenPolicyOrProcedure |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Steven R Korf | NamePerson |
| Telephone Number | 2123565095 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 450 West 33rd Street Mezzanine | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 10001 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (21 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| Peter C Greorgiopoulos | |||||||
| Director | 0.00 | X | 0 | 0 | 0 | ||
| Jack DeSantis | |||||||
| Director | 0.00 | X | 0 | 0 | 0 | ||
| Vaughn Williams | |||||||
| Director | 0.00 | X | 0 | 0 | 0 | ||
| John A Werwaiss | |||||||
| Director | 0.00 | X | 0 | 0 | 0 | ||
| Karl Adler | |||||||
| Director | 0.00 | X | 0 | 0 | 0 | ||
| Brian Sepe | |||||||
| Director | 0.00 | X | 0 | 0 | 0 | ||
| Ralph A O'Connell MD | |||||||
| Director | 0.00 | X | 0 | 0 | 0 | ||
| Mark Lane | |||||||
| Director | 0.00 | X | 0 | 0 | 0 | ||
| Fred Salerno | |||||||
| Director | 0.00 | X | 0 | 0 | 0 | ||
| Jeffrey M Krauss | |||||||
| Director | 0.00 | X | 0 | 0 | 0 | ||
| Jay D Chazanoff | |||||||
| Director | 0.00 | X | 0 | 0 | 0 | ||
| Alan S Bernikow CPA | |||||||
| Director | 0.00 | X | 0 | 0 | 0 | ||
| Eugene C Raninis | |||||||
| Treasurer | 0.00 | X | 0 | 0 | 0 | ||
| Carol A Barnes SC | |||||||
| Secretary | 0.00 | X | 0 | 0 | 0 | ||
| Jane Iannucelli SC | |||||||
| Co-Chairman | 0.00 | X | 0 | 0 | 0 | ||
| Rev Patrick J Frawley | |||||||
| Co-Chairman | 0.00 | X | 0 | 0 | 0 | ||
| Alfred E Smith IV | |||||||
| Chairman | 0.00 | X | 0 | 0 | 0 | ||
| Steven R Korf | |||||||
| CFO | 35.00 | 364000 | 0 | 0 | X | ||
| Mark Toney | |||||||
| CEO | 35.00 | 545000 | 0 | 0 | X | ||
| Paul Goebel | |||||||
| Vice President | 35.00 | 449000 | 0 | 51564 | X | ||
| Anthony Gagliardi MD | |||||||
| Medical Director | 35.00 | 523984 | 0 | 49071 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1881984 | TotalReportableCompFromOrg |
| Total Other Compensation | 100635 | TotalOtherCompensation |
| Number Individuals GT100 K | 39 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Long Hill Systems | |||||
| 8 Edgar Place | Morristown | NJ | 07960 | IT Services | 2001935 |
| Kramer Levin Naftalis & Frankel LLP | |||||
| 1177 Avenue of the Americas | New York | NY | 10036 | Legal | 15069729 |
| Grant Thornton LLP | |||||
| 666 Third Avenue | New York | NY | 10017 | Restructuring Firm | 15244200 |
| Cain Brothers | |||||
| 360 Madison Avenue | New York | NY | 10017 | Investment Banking | 1674822 |
| AKINGUMP Naftalis & Frankel LLP | |||||
| 1700 Pacific Avenue | Dallas | TX | 75201 | Legal Firm | 1835919 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 26 | NumberOfContractorsGT100K |
| Government Grants | 235254 | GovernmentGrants |
| Total Contributions | 235254 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Patient Revenue | Description |
| Business Code | 621110 | BusinessCode |
| Total Revenue Column | 117765061 | TotalRevenueColumn |
| Related Or Exempt Function Income | 117765061 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 117765061 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 721799 | TotalRevenueColumn |
| Related Or Exempt Function Income | 721799 | RelatedOrExemptFunctionIncome |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 7053602 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 7053602 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 7053602 | TotalRevenueColumn |
| Related Or Exempt Function Income | 7053602 | RelatedOrExemptFunctionIncome |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Sale Proceeds - Property | 621110 | 205128515 | 205128515 |
| Rebates | 621110 | 1458805 | 1458805 |
| Other Revenue | 621110 | 2629514 | 2629514 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 298916 | TotalRevenueColumn |
| Related Or Exempt Function Income | 298916 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 209515750 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 335291466 | TotalRevenueColumn |
| Related Or Exempt Function Income | 335056212 | RelatedOrExemptFunctionIncome |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1881984 | Total |
| Management And General | 1881984 | ManagementAndGeneral |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14789380 | Total |
| Program Services | 8688140 | ProgramServices |
| Management And General | 6101240 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 463631 | Total |
| Program Services | 383709 | ProgramServices |
| Management And General | 79922 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3406719 | Total |
| Program Services | 2033229 | ProgramServices |
| Management And General | 1373490 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1041254 | Total |
| Program Services | 573934 | ProgramServices |
| Management And General | 467320 | ManagementAndGeneral |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5967547 | Total |
| Management And General | 5967547 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16478146 | Total |
| Management And General | 16478146 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3656740 | Total |
| Program Services | 510148 | ProgramServices |
| Management And General | 3146592 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 62500 | Total |
| Management And General | 62500 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2557283 | Total |
| Management And General | 2557283 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 45061 | Total |
| Management And General | 45061 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6770773 | Total |
| Program Services | 4819214 | ProgramServices |
| Management And General | 1951559 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 82003 | Total |
| Program Services | 50016 | ProgramServices |
| Management And General | 31987 | ManagementAndGeneral |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9667 | Total |
| Program Services | 9667 | ProgramServices |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9951316 | Total |
| Program Services | 9951316 | ProgramServices |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 111048 | Total |
| Program Services | 111048 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -18960126 | Total |
| Program Services | -18960126 | ProgramServices |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Management And GeneralManagementAndGeneral | Program ServicesProgramServices |
|---|---|---|---|
| Data Center | 904352 | 904352 | |
| Supplies | 912991 | 106141 | 806850 |
| Purchase Services | 3073825 | 966646 | 2107179 |
| Capitation Fees | 72589984 | 72589984 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 562737 | Total |
| Program Services | 562737 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 126358815 | Total |
| Program Services | 84237045 | ProgramServices |
| Management And General | 42121770 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2064230 | BOY |
| EOY | 10248980 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9505298 | BOY |
| EOY | 0 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6000000 | BOY |
| EOY | 6000000 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5182588 | BOY |
| EOY | 4352640 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 4304700 | LandBuildingsEquipmentBasis |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 62430998 | BOY |
| EOY | 4304700 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 69415135 | BOY |
| EOY | 62311743 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15688797 | BOY |
| EOY | 3040001 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 170287046 | BOY |
| EOY | 90258064 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 81324035 | BOY |
| EOY | 49704725 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 862524253 | BOY |
| EOY | 605181930 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 943848288 | BOY |
| EOY | 654886655 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -808822924 | BOY |
| EOY | -587659876 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14277897 | BOY |
| EOY | 9883699 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20983785 | BOY |
| EOY | 13147586 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -773561242 | BOY |
| EOY | -564628591 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 170287046 | BOY |
| EOY | 90258064 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 208932651 | ReconcilationRevenueExpenses |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | false | FSAudited |
| Audit Committee | false | AuditCommittee |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
| Federal Grant Audit Performed | false | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Hospital170b1 Aiii | X | Hospital170b1Aiii |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 35261682 | BeginningOfYearBalance |
| Other Expenditures | 12230397 | OtherExpenditures |
| End Of Year Balance | 23031285 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 35953254 | BeginningOfYearBalance |
| Other Expenditures | 208539 | OtherExpenditures |
| End Of Year Balance | 35261682 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 51325925 | BeginningOfYearBalance |
| Contributions | 3818428 | Contributions |
| Other Expenditures | 19191099 | OtherExpenditures |
| End Of Year Balance | 35261682 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 4304700 | InvestmentCostOrOtherBasis |
| Book Value | 4304700 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 4304700 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Debt Subject to Compromised | Description |
| Amount | $605,181,930 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 605181930 | TotalOfAmounts |
| Total Revenue | 335291466 | TotalRevenue |
| Total Expenses | 126358815 | TotalExpenses |
| Excess Or Deficit For Year | 208932651 | ExcessOrDeficitForYear |
| Excess Or Deficit Per FS | 208932651 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 335291466 | TotRevenueEtcAuditedFinclStmt |
| Revenue Subtotal | 335291466 | RevenueSubtotal |
| Total Revenue Per Form990 | 335291466 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 126358815 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 126358815 | ExpensesSubtotal |
| Total Expenses Per Form990 | 126358815 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part V, Line 4 | Identifier |
| Return Reference | Part V, Line 4: Intended uses of the endowment fund. | ReturnReference |
| Explanation | For permanently restricted endowments, the principal cannot be used and is held in perpetuity. During 2011, certain gifts were identified not to be permanently restricted. Accordingly, such gifts were appropriately reclassed to unrestricted.For temporarily restricted gifts, such gifts are used in accordance with the donors specific requests. Once the criteria for the contribution has been met, amounts are released into operations. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
| Rebuttable Presumption Procedure | false | RebuttablePresumptionProcedure |
Form990 Schedule J Part II Form990ScheduleJPartII (4 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg |
|---|---|---|
| Steven R Korf | ||
| 364000 | 364000 | |
| Paul Goebel | ||
| 449000 | 500564 | 51564 |
| Mark Toney | ||
| 545000 | 545000 | |
| Anthony Gagliardi MD | ||
| 523984 | 573055 | 49071 |
Schedule N IRS990ScheduleN
Disposition Table DispositionTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Asset | SVCMC Hospital Main Campus | DescriptionOfAsset |
| Date Of Distribution | 2011-09-30 | DateOfDistribution |
| FMV Of Asset | 58034966 | FMVOfAsset |
| Method Of FMV Determination | cost | MethodOfFMVDetermination |
| EIN | 453234856 | EIN |
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | West Village Residences LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | XXX | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 10001 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRC Section | Real Estate | IRCSection |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Director Of Successor2 | false | DirectorOfSuccessor2 |
| Employee Of Successor2 | false | EmployeeOfSuccessor2 |
| Owner Of Successor2 | false | OwnerOfSuccessor2 |
| Receive Compensation2 | false | ReceiveCompensation2 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Form 990, Part VI, Line 19 | Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | It is available upon request. |
| Form 990, Part VI, Line 15b | Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | All employees and medical staff who are considered to be "Key Employees" because of their ability to influence substantive business decisions (e.g. Purchases, Contracts, Leases, etc.) and members of the Board of Directors are required to annually complete a conflict of interest disclosure form that is reviewed by the Compliance Officer. If there are any potential conflicts identified by key empmloyees, the Board of Directors is informed. For Board Members, a summary of all completed conflict of interest informatioin is compiled and circulated to all Board Members for their review. |
| Form 990, Part VI, Line 12c | Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | All employees and medical staff who are considered to be "key employees" because of their ability to influence substantive business decisions (e.g. Purchase, Contracts, Leases, etc.) and members of the Board of Directors are required to annually complete a complete a conflict of interest disclosure form that is reviewed by the compliance officer. If there are any potential conflicts indentified by key employees, the Board of Directors is informed. Once all potential conflict information is gathered, the Board of Directors, in conjunction with the Compliance Officer and Audit/Compliance Committee, shall make a determination whether actual conflicts exist. When a conflict is identified, corrective action shall be taken in accordance with the type and extent of conflict. In all situations, the relevant idividual shall be removed or recused from any decision making related to the potential conflict. Key employees and members of the Board of Directors are further instructed to disclose throughout the year if any new or previously unidentified conflicts arise. At that time, a revised disclosure form must be completed and sent to the Compliance Officer for review and corrective action taken in accordance with the process described above. A summary of all completed conflict of interest information is compiled. This summary is then circulated to all Board Members for thier review. |
| Form 990, Part VI, Line 11 | Form 990, Part VI, Line 11: Form 990 Review Process | Unable to provide a copy to each of the Board of Directors at time of filing. |
| Form 990, Part VI, Line 3 | Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company | Yes, the Organization delegated control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person. |
| Form 990, Part III, Line 3 | Form 990, Part III, Line 3: Ceased Conducting or Significant Changes To Services | see part III, line 4a notes |
| Client Note 1 - Due to closure of the Manhattan Campus prior to 12-31-10, the NYSDOH did not require a certified cost report. As a result, an audit of the SVCMC's financial statements was not performed. Accordingly, no audited financial statements exist for the year ended December 31, 2010. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|
| Saint Jeromes Health Services Corp | ||||||||
| 1740 84th Street | Brooklyn | NY | 11217 | 112948924 | Fees | NY | SVCMC | false |
| Bishop Mugavero Center for Geriatric | ||||||||
| 155 Dean Street | Brooklyn | NY | 11217 | 113097213 | Fees | NY | SVCMC | false |
| Saint Elizabeth Anns Health Care | ||||||||
| 91 Tompkins Avenue | Staten Island | NY | 10304 | 133603599 | Fees charged for caring for patients | NY | SVCMC | false |
Form990 Schedule R Part IV Form990ScheduleRPartIV (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Type Of EntityTypeOfEntity | Share Of Total IncomeShareOfTotalIncome | Share Of EOY AssetsShareOfEOYAssets | Percentage OwnershipPercentageOwnership |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Emergency Care Associates of SVCMC | |||||||||||
| 450 West 33rd Street | New York | NY | 10001 | 133489297 | Fees | NY | SVCMC | C | 229182 | 182824 | 1.00000 |
| Queensbrook Insurance New York | |||||||||||
| 450 West 33rd Street | New York | NY | 10001 | 203690309 | Insurance | NY | SVCMC | C | 141891 | 14958026 | 1.00000 |
| Queensbrook Insurance Limited | |||||||||||
| 450 West 33rd Street | New York | NY | 10001 | 134077886 | Insurance | SVCMC | C | 1608658 | 82129810 | 1.00000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | true | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | true | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | true | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (4 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| Saint Jeromes Health Services Corp | ||
| k | 1020897 | Cost |
| Bishop Mugavero Center for Geriatric | ||
| k | 1556049 | cost |
| Saint Elizabeth Anns Health Care | ||
| k | 3642104 | Cost |
| Saint Elizabeth Anns Health Care | ||
| a | 1523868 | FMV |
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