Civic Intelligence

Gun Hill Mri PC

990 • Fiscal year 2016 • EIN 13-3734486

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 10, 2017

200 East Gun Hill RoadBronx, NY 10467-2159

(914) 349-8455

Siviq Scores

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

Liabilities / Assets

98th percentile

1.72x

Higher debt load relative to assets than 98% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

81st percentile

1.05x

Higher debt load relative to revenue than 81% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

10th percentile

-31%

Higher net margin than 10% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

97th percentile

$716,710

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 10.6% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

80th percentile

15%

Faster asset growth than 80% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

45th percentile

1.2%

Faster revenue growth than 45% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Up

$4,141,655

Up $546,650 (+15%) from 2015

Net Assets

Down

-$2,993,799

Down $2,131,589 (-247%) from 2015

Liabilities

Up

$7,135,454

Up $2,678,239 (+60%) from 2015

Revenue

Up

$6,783,641

Up $82,185 (+1.2%) from 2015

Expenses

Up

$8,915,230

Up $909,566 (+11%) from 2015

Net Income

Down

-$2,131,589

Down $827,381 (-63%) from 2015

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0-$5.0M-$10MAssets 2010: $3,532,381Liabilities 2010: $3,293,487Net Assets 2010: $238,8942010Assets 2011: $3,615,252Liabilities 2011: $3,329,608Net Assets 2011: $285,6442011Assets 2012: $4,688,180Liabilities 2012: $4,350,724Net Assets 2012: $337,4562012Assets 2013: $4,946,214Liabilities 2013: $4,551,766Net Assets 2013: $394,4482013Assets 2014: $3,969,604Liabilities 2014: $3,527,606Net Assets 2014: $441,9982014Assets 2015: $3,595,005Liabilities 2015: $4,457,215Net Assets 2015: -$862,2102015Assets 2016: $4,141,655Liabilities 2016: $7,135,454Net Assets 2016: -$2,993,7992016Assets 2017: $7,757,352Liabilities 2017: $12,558,588Net Assets 2017: -$4,801,2362017Assets 2018: $8,489,891Liabilities 2018: $13,282,909Net Assets 2018: -$4,793,0182018Assets 2019: $5,394,613Liabilities 2019: $11,196,336Net Assets 2019: -$5,801,7232019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2016

Assets$4,141,655
Liabilities$7,135,454
Net Assets-$2,993,799

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2010: $10,478,670Expenses 2010: $10,362,986Net Income 2010: $115,6842010Revenue 2011: $10,036,754Expenses 2011: $9,990,004Net Income 2011: $46,7502011Revenue 2012: $8,894,916Expenses 2012: $8,843,104Net Income 2012: $51,8122012Revenue 2013: $9,001,479Expenses 2013: $8,944,487Net Income 2013: $56,9922013Revenue 2014: $9,804,455Expenses 2014: $9,756,905Net Income 2014: $47,5502014Revenue 2015: $6,701,456Expenses 2015: $8,005,664Net Income 2015: -$1,304,2082015Revenue 2016: $6,783,641Expenses 2016: $8,915,230Net Income 2016: -$2,131,5892016Revenue 2017: $7,057,864Expenses 2017: $8,865,301Net Income 2017: -$1,807,4372017Revenue 2018: $10,030,380Expenses 2018: $10,022,162Net Income 2018: $8,2182018Revenue 2019: $8,138,218Expenses 2019: $9,146,923Net Income 2019: -$1,008,7052019Revenue 2020: $975,604Expenses 2020: $1,831,021Net Income 2020: -$855,4172020

Highlighted filing

2016

Revenue$6,783,641
Expenses$8,915,230
Net Income-$2,131,589
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 10, 2017
Return Version
2016v3.1
Gross Receipts
$6,783,641
Mission and Program Overview

Mission

To enhance and further montefiore medical center's charitable purpose of providing the highest quality patient care and an array of specialized radiological services to heal, to teach, to discover and to advance the health of the communities we serve.

To enhance and further Montefiore Medical Center's charitable purpose of providing the highest quality patient care and an array of specialized radiological services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,840,023$3,382,278▲ $542,255
Savings and Temporary Cash Investments$718,849$732,821▲ $13,972
Prepaid Expenses and Deferred Charges$35,483$25,806▼ $9,677
Cash and Non-Interest-Bearing Accounts$0$100▲ $100
Cap Stk Tr Prin Current Funds$100$100→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-862,310$-2,993,899▼ $2,131,589
Total Assets$3,595,005$4,141,655▲ $546,650
Other Assets Total$650$650→ $0
Liabilities
Other Liabilities$4,328,772$6,995,253▲ $2,666,481
Accounts Payable and Accrued Expenses$128,443$140,201▲ $11,758
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$4,457,215$7,135,454▲ $2,678,239
Net Assets / Fund Balance
Total Net Assets Fund Balance$-862,210$-2,993,799▼ $2,131,589
Total Liabilities and Net Assets / Fund Balance$3,595,005$4,141,655▲ $546,650

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,006,564$2,614,431$4,620,995
Equipment$250,994$3,813,265$4,064,259
Other Land Buildings$1,124,720-$1,124,720
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Chibueze ObiPhysician AssistanceFT$155,077$37,124$192,201

Board Members and Trustees

NameTitle
E Stephen Amis Jr MDPresident & Sole Shareholder
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$6,783,629
Investment Income
$12
Other Revenue
$0
Change in Net Assets
$-2,131,589
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,333,262
Salaries, Compensation, and Employee Benefits$1,581,968
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$4,574,976$0-$4,574,976
Other Salaries and Wages$1,212,236--$1,212,236
Office Expenses$978,004--$978,004
Depreciation Depletion$533,910--$533,910
Occupancy$417,971--$417,971
Other Employee Benefits$369,732--$369,732
Fees for Services Management-$143,285-$143,285
Information Technology$4,005--$4,005
Travel$2,159--$2,159
Other Expenses$1,966$0$0$1,966
Conferences and Meetings$885--$885
All Other Expenses-$401-$401
Total Functional Expenses$8,472,686$442,544$0$8,915,230
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$6,995,253
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, SECTION A, LINE 6:

E. Stephen Amis Jr., M.D. is the sole Nominee Shareholder of Gun Hill MRI, P.C. and also serves as the Chairman of the Radiology Department of Montefiore Medical Center, a 501(c)(3) Corporation.

Form 990, Part VI, SECTION A, LINE 7A:

The Board of Trustees of Montefiore Medical Center, the parent company, has the authority to appoint the shareholder(s) of Gun Hill MRI, P.C.

Form 990, Part VI, SECTION A, LINE 7B:

The Board of Trustees of Montefiore Medical Center, the parent company, has the authority to approve the operating and capital budgets of Gun Hill MRI, P.C.

Form 990 Part VI, SECTION B, LINE 11B:

The form 990 was prepared by montefiore medical center's finance department. The form 990 was reviewed and approved by montefiore medical center's vice president. An independent public accounting firm was engaged to review the form 990. Upon completion of the various reviews, the final form 990 was presented to the sole nominee shareholder for final review and approval prior to filing.

Form 990, Part VI, SECTION B, LINE 12C:

The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy by means of a survey that was developed by montefiore's counsel. Gun hill mri, p.c.'s president and sole shareholder adopted the policy of montefiore medical center. The policy comports to federal and state conflict of interest requirements. The general approach when a potential conflict of interest arises is to disclose the possible conflict to the compliance officer. The compliance officer will make every effort to provide guidance to permit resolution of any actual or potential conflict of interest. The compliance officer will take appropriate actions, including advising gun hill mri, p.c.'s sole shareholder regarding particular conflict of interest.

FORM 990, PART VI, SECTION C, LINE 19:

The conflict of interest policy, governing documents, and montefiore medical center's audited consolidated financial statements, inclusive of gun hill mri, p.c., are available on request.

Filing and Contact Details

Filer

Filer Name
Gun Hill Mri Pc
EIN
13-3734486
In Care Of
% EVAN RESNICK
Phone
9143498455
Address
200 EAST GUN HILL ROAD, BRONX, NY 10467-2159
Doing Business As
Montefiore Advanced Imaging

Signing Officer

Name
Judy Yee Md
Title
President
Phone
9143498455
Signed
2017-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Judy Yee Md
Formed
1993
Legal Domicile
Ny
Voting Board Members
1
Independent Board Members
0
Employees
24
Volunteers
0

Preparer

Firm
Ernst & Young US Llp
Address
5 TIMES SQUARE, NEW YORK, NY 10036
Preparer
Christopher B Boggs
Phone
2127733000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Lines 8, 9 & 10

Concerning Employee benefits allocation Montefiore Medical Center is the Common Paymaster for Gun Hill MRI. All payroll taxes and employee benefits are paid by Montefiore Medical Center and allocated back to the organization based on a pre-determined rate of salaries.

Form 990, Heading, Item J

The website of Gun Hill MRI, P.C. is http://www.montefiore.org/imaging-gun-hill.

Form 990 Part IX Line 11G

Description:purchased physician services total fees:4574976

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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/Desc0Gun Hill MRI, PC is a supporting organization of Montefiore Medical Center. Patients are offered seamless access to the full range of advanced diagnostic imaging technology. We are patient-centered and committed to providing the highest levels of quality, safety and patient comfort. During 2016, Gun Hill MRI, P.C. performed 8,535 MRI procedures.
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0E Stephen Amis Jr MD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Chibueze Obi
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President & Sole Shareholder
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Physician Assistance
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IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE OFFICER PRESENTED IN PART VII AND SCHEDULE J IS NOT AN EMPLOYEE OF THIS FILING ORGANIZATION, GUN HILL MRI, P.C. THIS INDIVIDUAL IS EMPLOYED AND HIS COMPENSATION IS PAID AND DETERMINED BY MONTEFIORE MEDICAL CENTER, EIN 13-1740114.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART VII, SECTION A, LINE 4 AND SCHEDULE J, PART II
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0E. Stephen Amis Jr., M.D. is the sole Nominee Shareholder of Gun Hill MRI, P.C. and also serves as the Chairman of the Radiology Department of Montefiore Medical Center, a 501(c)(3) Corporation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Board of Trustees of Montefiore Medical Center, the parent company, has the authority to appoint the shareholder(s) of Gun Hill MRI, P.C.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Trustees of Montefiore Medical Center, the parent company, has the authority to approve the operating and capital budgets of Gun Hill MRI, P.C.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 WAS PREPARED BY MONTEFIORE MEDICAL CENTER'S FINANCE DEPARTMENT. THE FORM 990 WAS REVIEWED AND APPROVED BY MONTEFIORE MEDICAL CENTER'S VICE PRESIDENT. AN INDEPENDENT PUBLIC ACCOUNTING FIRM WAS ENGAGED TO REVIEW THE FORM 990. UPON COMPLETION OF THE VARIOUS REVIEWS, THE FINAL FORM 990 WAS PRESENTED TO THE SOLE NOMINEE SHAREHOLDER FOR FINAL REVIEW AND APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY MEANS OF A SURVEY THAT WAS DEVELOPED BY MONTEFIORE'S COUNSEL. GUN HILL MRI, P.C.'S PRESIDENT AND SOLE SHAREHOLDER ADOPTED THE POLICY OF MONTEFIORE MEDICAL CENTER. THE POLICY COMPORTS TO FEDERAL AND STATE CONFLICT OF INTEREST REQUIREMENTS. THE GENERAL APPROACH WHEN A POTENTIAL CONFLICT OF INTEREST ARISES IS TO DISCLOSE THE POSSIBLE CONFLICT TO THE COMPLIANCE OFFICER. THE COMPLIANCE OFFICER WILL MAKE EVERY EFFORT TO PROVIDE GUIDANCE TO PERMIT RESOLUTION OF ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST. THE COMPLIANCE OFFICER WILL TAKE APPROPRIATE ACTIONS, INCLUDING ADVISING GUN HILL MRI, P.C.'S SOLE SHAREHOLDER REGARDING PARTICULAR CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE CONFLICT OF INTEREST POLICY, GOVERNING DOCUMENTS, AND MONTEFIORE MEDICAL CENTER'S AUDITED CONSOLIDATED FINANCIAL STATEMENTS, INCLUSIVE OF GUN HILL MRI, P.C., ARE AVAILABLE ON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Concerning Employee benefits allocation Montefiore Medical Center is the Common Paymaster for Gun Hill MRI. All payroll taxes and employee benefits are paid by Montefiore Medical Center and allocated back to the organization based on a pre-determined rate of salaries.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7The website of Gun Hill MRI, P.C. is http://www.montefiore.org/imaging-gun-hill.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8DESCRIPTION:PURCHASED PHYSICIAN SERVICES TOTAL FEES:4574976
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, SECTION A, LINE 6:
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, SECTION A, LINE 7B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 Part VI, SECTION B, LINE 11B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, SECTION B, LINE 12C:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Lines 8, 9 & 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Heading, Item J
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990 PART IX LINE 11G
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