Civic Intelligence

Gun Hill Mri PC

990 • Fiscal year 2014 • EIN 13-3734486

Jan 01, 2014 to Dec 31, 2014 • Filed on Oct 26, 2015

200 East Gunhill RoadBronx, NY 10467

(914) 349-8400

Siviq Scores

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

Liabilities / Assets

89th percentile

0.89x

Higher debt load relative to assets than 89% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

64th percentile

0.36x

Higher debt load relative to revenue than 64% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

41st percentile

0.5%

Higher net margin than 41% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

96th percentile

$718,479

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 7.3% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

4th percentile

-20%

Faster asset growth than 4% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

63rd percentile

8.9%

Faster revenue growth than 63% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Assets

Down

$3,969,604

Down $976,610 (-20%) from 2013

Net Assets

Up

$441,998

Up $47,550 (+12%) from 2013

Liabilities

Down

$3,527,606

Down $1,024,160 (-23%) from 2013

Revenue

Up

$9,804,455

Up $802,976 (+8.9%) from 2013

Expenses

Up

$9,756,905

Up $812,418 (+9.1%) from 2013

Net Income

Down

$47,550

Down $9,442 (-17%) from 2013

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

2014

Assets$3,969,604
Liabilities$3,527,606
Net Assets$441,998

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

2014

Revenue$9,804,455
Expenses$9,756,905
Net Income$47,550
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Oct 26, 2015
Return Version
2014v5.0
Gross Receipts
$9,804,455
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.

See Attachment 1

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,919,493$3,391,654▼ $527,839
Savings and Temporary Cash Investments$1,019,821$532,140▼ $487,681
Rtn Earn Endowment Incm Other Fnds$394,348$441,898▲ $47,550
Prepaid Expenses and Deferred Charges$6,250$45,160▲ $38,910
Cap Stk Tr Prin Current Funds$100$100→ $0
Cash and Non-Interest-Bearing Accounts$0$0→ $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
Total Assets$4,946,214$3,969,604▼ $976,610
Other Assets Total$650$650→ $0
Liabilities
Other Liabilities$3,836,618$2,632,302▼ $1,204,316
Accounts Payable and Accrued Expenses$715,148$895,304▲ $180,156
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$4,551,766$3,527,606▼ $1,024,160
Net Assets / Fund Balance
Total Net Assets Fund Balance$394,448$441,998▲ $47,550
Total Liabilities and Net Assets / Fund Balance$4,946,214$3,969,604▼ $976,610

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$2,384,659$2,240,956$4,625,615
Equipment$958,501$3,362,205$4,320,706
Other Land Buildings$48,494-$48,494
Compensation and Service Providers

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$9,804,455
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$47,550
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,731,886
Other Expenses$3,025,019
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,374,528--$6,374,528
Depreciation Depletion$576,334--$576,334
Fees for Services Other$530,750--$530,750
Fees for Services Management-$525,059-$525,059
Occupancy$427,839--$427,839
Other Employee Benefits$271,927--$271,927
Office Expenses$211,174--$211,174
Payroll Taxes$85,431--$85,431
Interest$14,556--$14,556
Fees for Services Accounting-$7,002-$7,002
Information Technology$5,519--$5,519
Travel$5,116--$5,116
Other Expenses$2,402--$2,402
Conferences and Meetings$212--$212
Total Functional Expenses$9,224,844$532,061$0$9,756,905
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
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 Montefiore Medical Center$2,632,302
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 Gunhill 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 Gunhill 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 Gunhill 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 - finance, accounting and financial reporting. 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. Gunhill 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 gunhill mri, p.c.'s sole shareholder regarding particular conflict of interest.

FORM 990, PART VI, SECTION B, LINE 15A & 15B:

THE OFFICER PRESENTED IN PART VII AND SCHEDULE J IS NOT EMPLOYED AND PAID BY THE ORGANIZATION RATHER IS EMPLOYED AND PAID BY Common pay master, MONTEFIORE MEDICAL CENTER. The Compensation is determined according to Montefiore Medical Center Policy.

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 gunhill mri, p.c., are available on request.

Filing and Contact Details

Filer

Filer Name
Gunhill MRI PC
EIN
13-3734486
In Care Of
% DAVID INGBER
Phone
9143498400
Address
200 East Gunhill Road, Bronx, NY 10467

Signing Officer

Name
E Stephen Amis Jr Md
Title
President
Signed
2015-10-26

Organization Details

Principal Officer
E Stephen Amis Jr MD
Formed
1993
Legal Domicile
Ny
Voting Board Members
1
Independent Board Members
0
Employees
21
Volunteers
0

Preparer

Firm
Ernst & Young US Llp
Address
111 MONUMENT CIRCLE SUITE 4000, INDIANAPOLIS, IN 46204
Preparer
Christopher B Boggs
Phone
3176817000
Raw XML AppendixShowing 400 of 726 raw XML fields

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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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0MONTEFIORE MEDICAL CENTER
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0E Stephen Amis Jr MD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President & Sole Shareholder
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0E. Stephen Amis Jr., M.D. is the sole Nominee Shareholder of Gunhill 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 Gunhill 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 Gunhill 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 - FINANCE, ACCOUNTING AND FINANCIAL REPORTING. 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. GUNHILL 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 GUNHILL MRI, P.C.'S SOLE SHAREHOLDER REGARDING PARTICULAR CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE OFFICER PRESENTED IN PART VII AND SCHEDULE J IS NOT EMPLOYED AND PAID BY THE ORGANIZATION RATHER IS EMPLOYED AND PAID BY Common pay master, MONTEFIORE MEDICAL CENTER. The Compensation is determined according to Montefiore Medical Center Policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE CONFLICT OF INTEREST POLICY, GOVERNING DOCUMENTS, AND MONTEFIORE MEDICAL CENTER'S AUDITED CONSOLIDATED FINANCIAL STATEMENTS, INCLUSIVE OF GUNHILL MRI, P.C., ARE AVAILABLE ON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, SECTION A, LINE 6:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, SECTION A, LINE 7A:
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 B, LINE 15A & 15B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19:
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