Civic Intelligence

Brookdale Residence Housing Development Fund Corporation

990 • Fiscal year 2020 • EIN 11-3324040

Jan 01, 2020 to Dec 31, 2020 • Filed on Dec 16, 2021

101-01 Avenue DBrooklyn, NY 11236

(718) 240-5200

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

99th percentile

3.20x

Higher debt load relative to assets than 99% of similar nonprofits.

2020 filings • NTEE L • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

76th percentile

7.08x

Higher debt load relative to revenue than 76% of similar nonprofits.

2020 filings • NTEE L • $1M-$5M nonprofits • Source year 2020

Net Margin

37th percentile

-13%

Higher net margin than 37% of similar nonprofits.

2020 filings • NTEE L • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

98th percentile

$665,781

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 52.1% of source-year revenue.

2020 filings • NTEE L • $1M-$5M nonprofits • Source year 2020

Asset Growth

60th percentile

-0.1%

Faster asset growth than 60% of similar nonprofits.

2020 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

54th percentile

2.7%

Faster revenue growth than 54% of similar nonprofits.

2020 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$2,830,770

Down $4,056 (-0.1%) from 2019

Net Assets

Down

-$6,217,751

Down $170,070 (-2.8%) from 2019

Liabilities

Up

$9,048,521

Up $166,014 (+1.9%) from 2019

Revenue

Up

$1,278,784

Up $33,438 (+2.7%) from 2019

Expenses

Up

$1,448,854

Up $13,565 (+0.9%) from 2019

Net Income

Up

-$170,070

Up $19,873 (+10%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0-$5.0M-$10MAssets 2010: $5,036,775Liabilities 2010: $9,221,975Net Assets 2010: -$4,185,2002010Assets 2011: $4,718,613Liabilities 2011: $9,045,176Net Assets 2011: -$4,326,5632011Assets 2012: $4,427,562Liabilities 2012: $9,025,768Net Assets 2012: -$4,598,2062012Assets 2013: $4,150,053Liabilities 2013: $8,991,253Net Assets 2013: -$4,841,2002013Assets 2014: $3,683,168Liabilities 2014: $8,923,189Net Assets 2014: -$5,240,0212014Assets 2015: $3,499,384Liabilities 2015: $8,874,783Net Assets 2015: -$5,375,3992015Assets 2016: $3,323,962Liabilities 2016: $8,762,298Net Assets 2016: -$5,438,3362016Assets 2017: $3,109,172Liabilities 2017: $8,752,278Net Assets 2017: -$5,643,1062017Assets 2018: $3,026,068Liabilities 2018: $8,883,806Net Assets 2018: -$5,857,7382018Assets 2019: $2,834,826Liabilities 2019: $8,882,507Net Assets 2019: -$6,047,6812019Assets 2020: $2,830,770Liabilities 2020: $9,048,521Net Assets 2020: -$6,217,7512020Assets 2021: $2,693,453Liabilities 2021: $9,087,810Net Assets 2021: -$6,394,3572021Assets 2022: $2,618,477Liabilities 2022: $9,180,420Net Assets 2022: -$6,561,9432022Assets 2023: $2,430,943Liabilities 2023: $9,225,169Net Assets 2023: -$6,794,2262023Assets 2024: $2,410,453Liabilities 2024: $9,395,823Net Assets 2024: -$6,985,3702024

Highlighted filing

2020

Assets$2,830,770
Liabilities$9,048,521
Net Assets-$6,217,751

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0MExpenses 2010: $1,314,5502010Expenses 2011: $1,282,5032011Expenses 2012: $1,380,0342012Revenue 2013: $1,154,217Expenses 2013: $1,397,211Net Income 2013: -$242,9942013Revenue 2014: $1,093,135Expenses 2014: $1,491,956Net Income 2014: -$398,8212014Revenue 2015: $1,140,226Expenses 2015: $1,275,604Net Income 2015: -$135,3782015Revenue 2016: $1,302,394Expenses 2016: $1,365,331Net Income 2016: -$62,9372016Revenue 2017: $1,190,695Expenses 2017: $1,395,465Net Income 2017: -$204,7702017Revenue 2018: $1,207,210Expenses 2018: $1,421,842Net Income 2018: -$214,6322018Revenue 2019: $1,245,346Expenses 2019: $1,435,289Net Income 2019: -$189,9432019Revenue 2020: $1,278,784Expenses 2020: $1,448,854Net Income 2020: -$170,0702020Revenue 2021: $1,291,204Expenses 2021: $1,467,810Net Income 2021: -$176,6062021Revenue 2022: $1,357,556Expenses 2022: $1,525,142Net Income 2022: -$167,5862022Revenue 2023: $1,489,009Expenses 2023: $1,721,292Net Income 2023: -$232,2832023Revenue 2024: $1,380,190Expenses 2024: $1,571,334Net Income 2024: -$191,1442024

Highlighted filing

2020

Revenue$1,278,784
Expenses$1,448,854
Net Income-$170,070
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Dec 16, 2021
Return Version
2020v4.1
Gross Receipts
$1,278,784
Mission and Program Overview

Mission

The brookdale residence housing

The brookdale residence housing development fund corporation owns and operates a residential building in brooklyn, new york and provides housing exclusively for elderly and disabeled persons of low income.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,510,970$2,521,084▲ $10,114
Accounts Receivable$10,306$55,677▲ $45,371
Cash and Non-Interest-Bearing Accounts$2,020$40,830▲ $38,810
Prepaid Expenses and Deferred Charges$3,305$3,562▲ $257
Total Assets$2,834,826$2,830,770▼ $4,056
Other Assets Total$308,225$209,617▼ $98,608
Liabilities
Mortgage Notes Payable Secured by Investment Property$8,568,100$8,568,100→ $0
Accounts Payable and Accrued Expenses$292,203$452,442▲ $160,239
Other Liabilities$19,546$19,592▲ $46
Deferred Revenue$2,658$8,387▲ $5,729
Total Liabilities$8,882,507$9,048,521▲ $166,014
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-6,047,681$-6,217,751▼ $170,070
Total Net Assets Fund Balance$-6,047,681$-6,217,751▼ $170,070
Total Liabilities and Net Assets / Fund Balance$2,834,826$2,830,770▼ $4,056

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,952,831$6,754,748$8,707,579
Equipment$13,609$933,937$947,546
Land$554,644-$554,644
Other Assets Org$98,512--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Genevieve SorensonChair/president/board Member
Gerard ConnollyVice President/board Member
Robert PalermoTreasurer/board Member
Reginald Bullock JrSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Maximum Security Nyc INCSecurity36-36 33RD STREET SUITE 304, Long Island City, NY 11106$200,289
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,278,130
Investment Income
$654
Other Revenue
$0
Change in Net Assets
$-170,070

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,278,784
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,278,784
Total Revenue per Form 990
$1,278,784
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,065,561
Salaries, Compensation, and Employee Benefits$383,293
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$336,665--$336,665
Other Salaries and Wages$265,882--$265,882
Depreciation Depletion$145,900--$145,900
Other Employee Benefits$107,579--$107,579
Fees for Services Management-$78,064-$78,064
Fees for Services Other-$44,572-$44,572
Insurance$39,828--$39,828
Fees for Services Accounting-$17,996-$17,996
Payroll Taxes$9,832--$9,832
Office Expenses$1,863--$1,863
Other Expenses$724$12,937-$724
All Other Expenses-$461-$461
Fees for Services Legal$215--$215
Total Functional Expenses$1,294,824$154,030$0$1,448,854

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,448,854
Total Expenses per Audited Statements$1,448,854
Total Expenses per Form 990$1,448,854
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$19,592
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

One brooklyn health system, inc., a new york not-for-profit organization, is the sole member of the organization.

Form 990, Part VI, Section A, Line 7A

One brooklyn health system, inc., as a sole member of the organization, has the authority to appoint and remove the trustees of the organization, and other authorities as delineated in the by-laws of the organization.

Form 990, Part VI, Section B, Line 11B

The form 990 and appropriate schedules, as required, is prepared by outside accountants and reviewed internally by management and counsel, at which time it is considered the final draft. The final draft of the form 990 is made available to the board prior to it being filed with the irs.

Form 990, Part VI, Section B, Line 12C

Disclosure in accordance with the conflict of interest policy by employees and board members that satisfy the criteria to be considered "interested persons" is submitted upon hiring and annually thereafter. The audit and compliance committee reviews the submissions for conflicts and the office of the compliance officer manages compliance.

Form 990, Part VI, Section B, Line 15

The hospital's bylaws prohibit trustees from receiving any compensation for services performed in their capacity as a trustee, also pursuant to the hospital's bylaws a trustee serving in another capacity may receive reasonable compensation, therefore, as authorized by the board of trustees. It is the hospital's practice to target total executive compensation (base salary, incentive compensation and benefits) as the median of the relevant marketplace for similarly situated executives, with appropriate adjustments for special skill, experience, competence, and performance. The board of trustees has an executive compensation committee that reviews the compensation of certain officers.

Form 990, Part VI, Section C, Line 19

These documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Brookdale Residence Housing Development
EIN
11-3324040
Phone
7182405200
Address
101-01 AVENUE D, BROOKLYN, NY 11236

Signing Officer

Name
Robert Palermo
Title
CFO
Phone
7182405200
Signed
2021-12-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Palermo
Formed
1995
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Carter & Company Cpas LLC
Address
PO BOX 279, DESTIN, FL 32540
Preparer
Samuel T Boerma
Phone
8506500125
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The corporation is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. The corporation has adopted accounting for uncertainty in income taxes (fasb accounting standards codification (asc) 740, income taxes). It requires that a tax position be recognized or derecognized based on a 'more-likely-than-not' threshold. This applies to positions taken or expected to be taken in a tax return. The implementation had no impact on the corporation's statement of financial position or statement of activities. The corporation does not believe its financial statements include any uncertain tax positions and that no income taxes are due for its activities. Therefore, no provision for income taxes is included in the financial statements.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/PYInvestmentIncomeAmt05159
IRS990/PYOtherExpensesAmt01054101
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01240187
IRS990/PYRevenuesLessExpensesAmt0-189943
IRS990/PYSalariesCompEmpBnftPaidAmt0381188
IRS990/PYTotalExpensesAmt01435289
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01245346
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-170070
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01278130
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0654
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt05159
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt04896
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01303
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt092
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt012104
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01278130
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01240187
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01202314
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01189392
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01302302
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt06212325
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0654
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt05159
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt04896
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01303
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt092
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt012104
IRS990ScheduleA/InvestmentIncomeCYPct00.00190
IRS990ScheduleA/InvestmentIncomePYPct00.00190
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99810
IRS990ScheduleA/PublicSupportPY509Pct00.99810
IRS990ScheduleA/PublicSupportTotal509Amt06212325
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01278130
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01240187
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01202314
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01189392
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01302302
IRS990ScheduleA/Total509Grp/TotalAmt06212325
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01278784
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01245346
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01207210
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01190695
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01302394
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06224429
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01952831
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06754748
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt08707579
IRS990ScheduleD/EquipmentGrp/BookValueAmt013609
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0933937
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0947546
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01448854
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0554644
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0554644
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt019592
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt186379
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt25134
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt398512
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESIDUAL RECEIPTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3ESCROW DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt019592
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01278784
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE CORPORATION HAS ADOPTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (FASB ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES). IT REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A 'MORE-LIKELY-THAN-NOT' THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE IMPLEMENTATION HAD NO IMPACT ON THE CORPORATION'S STATEMENT OF FINANCIAL POSITION OR STATEMENT OF ACTIVITIES. THE CORPORATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS AND THAT NO INCOME TAXES ARE DUE FOR ITS ACTIVITIES. THEREFORE, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02521084
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0209617
IRS990ScheduleD/TotalExpensesPerForm990Amt01448854
IRS990ScheduleD/TotalLiabilityAmt019592
IRS990ScheduleD/TotalRevenuePerForm990Amt01278784
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01278784
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01448854
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0620567
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1392692
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2322119
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3330115
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt042892
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt135126
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt231198
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt38680
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt02322
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt11739
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt23564
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt32170
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ROBERT PALERMO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1REGINALD BULLOCK JR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2GENEVIEVE SORENSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3GERARD CONNOLLY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0TREASURER/BOARD MEMBER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2CHAIR/PRESIDENT/BOARD MEMBER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3VICE PRESIDENT/BOARD MEMBER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0665781
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1429557
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2356881
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt3340965
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ONE BROOKLYN HEALTH SYSTEM, INC., A NEW YORK NOT-FOR-PROFIT ORGANIZATION, IS THE SOLE MEMBER OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ONE BROOKLYN HEALTH SYSTEM, INC., AS A SOLE MEMBER OF THE ORGANIZATION, HAS THE AUTHORITY TO APPOINT AND REMOVE THE TRUSTEES OF THE ORGANIZATION, AND OTHER AUTHORITIES AS DELINEATED IN THE BY-LAWS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 AND APPROPRIATE SCHEDULES, AS REQUIRED, IS PREPARED BY OUTSIDE ACCOUNTANTS AND REVIEWED INTERNALLY BY MANAGEMENT AND COUNSEL, AT WHICH TIME IT IS CONSIDERED THE FINAL DRAFT. THE FINAL DRAFT OF THE FORM 990 IS MADE AVAILABLE TO THE BOARD PRIOR TO IT BEING FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DISCLOSURE IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY BY EMPLOYEES AND BOARD MEMBERS THAT SATISFY THE CRITERIA TO BE CONSIDERED "INTERESTED PERSONS" IS SUBMITTED UPON HIRING AND ANNUALLY THEREAFTER. THE AUDIT AND COMPLIANCE COMMITTEE REVIEWS THE SUBMISSIONS FOR CONFLICTS AND THE OFFICE OF THE COMPLIANCE OFFICER MANAGES COMPLIANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE HOSPITAL'S BYLAWS PROHIBIT TRUSTEES FROM RECEIVING ANY COMPENSATION FOR SERVICES PERFORMED IN THEIR CAPACITY AS A TRUSTEE, ALSO PURSUANT TO THE HOSPITAL'S BYLAWS A TRUSTEE SERVING IN ANOTHER CAPACITY MAY RECEIVE REASONABLE COMPENSATION, THEREFORE, AS AUTHORIZED BY THE BOARD OF TRUSTEES. IT IS THE HOSPITAL'S PRACTICE TO TARGET TOTAL EXECUTIVE COMPENSATION (BASE SALARY, INCENTIVE COMPENSATION AND BENEFITS) AS THE MEDIAN OF THE RELEVANT MARKETPLACE FOR SIMILARLY SITUATED EXECUTIVES, WITH APPROPRIATE ADJUSTMENTS FOR SPECIAL SKILL, EXPERIENCE, COMPETENCE, AND PERFORMANCE. THE BOARD OF TRUSTEES HAS AN EXECUTIVE COMPENSATION COMMITTEE THAT REVIEWS THE COMPENSATION OF CERTAIN OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THESE DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.41$9.40$6.99$1.38$1.57$0.19
2023Detailed filing. Detailed filing data is available for this year.$2.43$9.23$6.79$1.49$1.72$0.23
2022Detailed filing. Detailed filing data is available for this year.$2.62$9.18$6.56$1.36$1.53$0.17
2021Detailed filing. Detailed filing data is available for this year.$2.69$9.09$6.39$1.29$1.47$0.18
2020Detailed filing. Detailed filing data is available for this year.$2.83$9.05$6.22$1.28$1.45$0.17
2019Detailed filing. Detailed filing data is available for this year.$2.83$8.88$6.05$1.25$1.44$0.19
2018Detailed filing. Detailed filing data is available for this year.$3.03$8.88$5.86$1.21$1.42$0.21
2017Detailed filing. Detailed filing data is available for this year.$3.11$8.75$5.64$1.19$1.40$0.20
2016Detailed filing. Detailed filing data is available for this year.$3.32$8.76$5.44$1.30$1.37$0.06
2015Detailed filing. Detailed filing data is available for this year.$3.50$8.87$5.38$1.14$1.28$0.14
2014Detailed filing. Detailed filing data is available for this year.$3.68$8.92$5.24$1.09$1.49$0.40
2013Detailed filing. Detailed filing data is available for this year.$4.15$8.99$4.84$1.15$1.40$0.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.43$9.03$4.60$1.38
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.72$9.05$4.33$1.28
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.04$9.22$4.19$1.31