Civic Intelligence

New Rochelle Medical Services PC

990 • Fiscal year 2013 • EIN 13-3739582

Jan 01, 2013 to Nov 05, 2013 • Filed on Oct 10, 2014

16 Guion Place10801

(914) 365-3500

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2013

Liabilities / Revenue

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Net Margin

67th percentile

10%

Higher net margin than 67% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

95th percentile

$310,577

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 11.1% of source-year revenue.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Asset Growth

1st percentile

-100%

Faster asset growth than 1% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

91st percentile

78%

Faster revenue growth than 91% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Assets

Down

$0

Down $546,271 (-100%) from 2012

Net Assets

Up

$0

Up $4,152,678 (+100%) from 2012

Liabilities

Down

$0

Down $4,698,949 (-100%) from 2012

Revenue

Up

$2,802,211

Up $1,226,489 (+78%) from 2012

Expenses

Up

$2,508,526

Up $918,481 (+58%) from 2012

Net Income

Up

$293,685

Up $308,008 (+2150%) from 2012

Historical Trend

Balance Sheet Trend

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

$5.0M$0-$5.0MAssets 2010: $485,434Liabilities 2010: $4,772,282Net Assets 2010: -$4,286,8482010Assets 2011: $392,718Liabilities 2011: $4,529,773Net Assets 2011: -$4,137,0552011Assets 2012: $546,271Liabilities 2012: $4,698,949Net Assets 2012: -$4,152,6782012Assets 2013: $0Liabilities 2013: $0Net Assets 2013: $02013

Highlighted filing

2013

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,453,1632010Revenue 2011: $994,889Expenses 2011: $845,096Net Income 2011: $149,7932011Revenue 2012: $1,575,722Expenses 2012: $1,590,045Net Income 2012: -$14,3232012Revenue 2013: $2,802,211Expenses 2013: $2,508,526Net Income 2013: $293,6852013

Highlighted filing

2013

Revenue$2,802,211
Expenses$2,508,526
Net Income$293,685
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Nov 5, 2013
Signed
Oct 10, 2014
Return Version
2013v3.1
Gross Receipts
$2,802,211
Mission and Program Overview

Mission

HEALTH CARE PROVIDER

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$392,330--
Cash and Non-Interest-Bearing Accounts$102,021--
Land, Buildings, and Equipment, Net$11,920--
Cap Stk Tr Prin Current Funds$100--
Rtn Earn Endowment Incm Other Fnds$-4,152,778--
Total Assets$546,271$0▼ $546,271
Other Assets Total$40,000--
Liabilities
Other Liabilities$4,653,643--
Accounts Payable and Accrued Expenses$45,306--
Total Liabilities$4,698,949$0▼ $4,698,949
Net Assets / Fund Balance
Total Net Assets Fund Balance$-4,152,678$0▲ $4,152,678
Total Liabilities and Net Assets / Fund Balance$546,271$0▼ $546,271
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tamarin Frank MdPhysicianFT$43,120$6,000$83,380
Pomerantz Daniel MdPhysicianFT$45,231$10,093$82,612
Williams LindaPhysicianFT$77,380$6,000$51,231
Deliana Danila MdPhysicianFT$43,091$6,000$49,120
Basak Prasanta MdPhysicianFT$43,091$6,000$49,091
Jesmajian Stephen MdDirector & ShareholderFT$72,519$6,000$6,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,802,211
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$293,685
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,960,467
Salaries, Compensation, and Employee Benefits$548,059
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$239,140$42,201-$281,341
Other Salaries and Wages$156,934$27,694-$184,628
Fees for Services Other$120,091$21,192-$141,283
Occupancy$119,240$21,042-$140,282
Other Employee Benefits$47,207$8,331-$55,538
Fees for Services Management$28,715$5,067-$33,782
Payroll Taxes$22,569$3,983-$26,552
Other Expenses$14,278$2,520-$16,798
Office Expenses$13,195$2,328-$15,523
Insurance$6,177$1,090-$7,267
Depreciation Depletion$3,963$699-$4,662
Total Functional Expenses$2,371,363$137,163$0$2,508,526
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

Members of the organization - the organization has a single shareholder, stephen jesmajian.

Member election for additional members Part VI line 7A

ELECTION OF THE GOVERNING BODY - The PC's shareholder elects the governing body of the organization. However, the decision of the PC's governing body are not subject to the approval of PC's shareholder.

Form 990 governing body review Part VI line 11

Form 990 is available for board review on request.

Conflict of interest policy compliance Part VI line 12C

New Rochelle Medical Services, PC (NRMS) does not have its own written policies for conflict of interest, whistleblower, retention and destruction. However, as the employees of NRMS are also employees of Sound Shore Medical Center of Westchester (SSMC). SSMC's policies apply in a general manner for NRMS.

Other officer or key employee compensation Part VI line 15B

The compensation committee of SSMC conducts an annual review of officer's compensation. As part of this review, the committee references available market data for comparable positions nad internal equity considerations, and it utilizes an analysis of officer salaries prepared by an independent external advisor using industry benchmarking data. THe review process covers all officers and the last timne it was done was January 2013.

Governing documents etc available to public Part VI line 19

Financial statements and form 990 are available on guide star. Other governing documents are available upon request.

Filing and Contact Details

Filer

EIN
13-3739582

Signing Officer

Name
Stanley M Buturla
Title
Interim CFO
Phone
9143653500
Signed
2014-10-10
Discuss with paid preparer
No

Organization Details

Formed
1993
Legal Domicile
Ny
Voting Board Members
1
Independent Board Members
0
Employees
10

Preparer

Preparer
Louis Wharton
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Entry to close out the retained earnings account.

General explanation attachment

Form 990 Part VII Average hours - THe average hours devoted to New Rochelle Medical Services and related organizations is 40 hours per week.

Raw XML AppendixShowing 400 of 571 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS OF THE ORGANIZATION - THE ORGANIZATION HAS A SINGLE SHAREHOLDER, STEPHEN JESMAJIAN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ELECTION OF THE GOVERNING BODY - The PC's shareholder elects the governing body of the organization. However, the decision of the PC's governing body are not subject to the approval of PC's shareholder.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Form 990 is available for board review on request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3New Rochelle Medical Services, PC (NRMS) does not have its own written policies for conflict of interest, whistleblower, retention and destruction. However, as the employees of NRMS are also employees of Sound Shore Medical Center of Westchester (SSMC). SSMC's policies apply in a general manner for NRMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The compensation committee of SSMC conducts an annual review of officer's compensation. As part of this review, the committee references available market data for comparable positions nad internal equity considerations, and it utilizes an analysis of officer salaries prepared by an independent external advisor using industry benchmarking data. THe review process covers all officers and the last timne it was done was January 2013.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Financial statements and form 990 are available on guide star. Other governing documents are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ENTRY TO CLOSE OUT THE RETAINED EARNINGS ACCOUNT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Form 990 Part VII Average hours - THe average hours devoted to New Rochelle Medical Services and related organizations is 40 hours per week.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7General explanation attachment
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine10NRHMC INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine11NRHMC INC
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt1C Corp
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0SPACE RENTALS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt1PHARMACY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine10NRHMC SERVICES CORPORATION
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine11SOUND SHORE PHARMACY INC
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/City0New Rochelle
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/City1New Rochelle
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine10PINNACLE HC
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine14SSMC
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine16SSMC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine17SSMC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine18SSMC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine19NRHMC INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10PINNACLE HEALTHCARE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine11SOUND SHORE HEALTH SYSTEM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine12THE MOUNT VERNON HOSPITAL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine13MVH CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine14SOUND SHORE MEDICAL CENTER OF WESTC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine15HOWE AVENUE NURSING HOME INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine16GUION PLACE HOUSING COMPANY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine17LOCKWOOD AVENUE HOUSING COMPANY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine18NEW ROCHELLE EMERGENCY SERVICESPC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine19NRHMC INC
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