Overview
What is Brookhaven Health Care Services Corp?
Brookhaven Health Care Services Corp, also known as Long Island Community Hospital Health Care Services Foundation, is a philanthropic organization established to support and grant funds to Long Island Community Hospital and other not-for-profit organizations under its board's direction. The corporation's mission involves supporting the charitable purposes of various healthcare entities, such as NYU Langone Health System and its hospitals, as well as New York University's medical schools. The foundation aims to foster and promote healthcare education, research, and advances in the medical field, while also growing and making quality healthcare services more accessible through direct grants, gifts, loans, or other means. As of March 1, 2022, Brookhaven Health Care Services Corp became a formal affiliate of NYU Langone Health System.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Brookhaven Health Care Services Corp has received a two-star rating from Charity Navigator, indicating it requires improvement in its operational and financial practices. The organization scored 73% overall, reflecting strengths in board independence and audit oversight, which are crucial for governance. However, there are notable concerns regarding transparency and accountability due to missing key policies and documents.
The majority of the board members are independent, which is a positive aspect as it supports objectivity in decision-making. Additionally, the organization maintains a low liabilities-to-assets ratio, suggesting financial stability. However, the program expense ratio is on the lower side, indicating that a smaller percentage of funds are allocated directly to programs, which could impact service delivery.
Significant gaps in policy documentation, including the absence of a conflict of interest policy, whistleblower policy, and transparency measures like posting tax forms on the website, have raised flags. These limitations may hinder trust and accountability among stakeholders and could affect overall effectiveness in fulfilling the nonprofit's mission.
This AI summary has been generated from information found on Charity Navigator.
Is Brookhaven Health Care Services Corp legitimate?
Brookhaven Health Care Services Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brookhaven Health Care Services Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Brookhaven Health Care Services Corp?
Brookhaven Health Care Services Corp, operating under the name Long Island Community Hospital Health Care Services Foundation, was established to solicit philanthropic support. Its primary goal is to grant funds to Long Island Community Hospital and other not-for-profit organizations, as directed by the Foundation's board of directors. The mission and objectives of the Foundation involve supporting the charitable purposes of New York University Langone Health System, its hospitals, and affiliated medical schools. The Foundation aims to foster and promote healthcare education, research, and advancements in the medical field. It accomplishes this by providing direct grants, gifts, loans, or other financial support to individuals, corporations, or organizations engaged in activities or projects whose goals align with those of the Foundation, with the ultimate objective of enhancing the growth and availability of quality healthcare services.
Who is the CEO of Brookhaven Health Care Services Corp?
Richard T Margulis is the CEO of Brookhaven Health Care Services Corp The CEO's salary of Brookhaven Health Care Services Corp is $0 and their total compensation is $1,059,837.
What is the revenue of Brookhaven Health Care Services Corp?
Brookhaven Health Care Services Corp's revenue in 2023 was $1,321,315.
Who are the executives of Brookhaven Health Care Services Corp and what are their salaries?
Here are 28 key members and their salaries (Brookhaven Health Care Services Corp's CEO's salary is $0 and their total compensation is $1,059,837):
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- Other: $2,200,455
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- Related: $2,466,276
- Other: $385,999
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- Related: $1,443,612
- Other: $75,825
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- Related: $4,619,318
- Other: $1,130,208
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- Related: $7,126,512
- Other: $1,296,233
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- Related: $990,586
- Other: $69,251
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- Related: $1,379,137
- Other: $69,373
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- Related: $304,936
- Other: $31,085
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Where can I find the form 990 for Brookhaven Health Care Services Corp?
Brookhaven Health Care Services Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Brookhaven Health Care Services Corp
Brookhaven Health Care Services Corp, also known as Long Island Community Hospital Health Care Services Foundation, was established with a mission to seek philanthropic support and grant funds to Long Island Community Hospital and other not-for-profit organizations, under the guidance of its Board of Directors. The organization's primary objective is to align with the goals and charitable purposes of NYU Langone Health System, NYU Langone Hospitals, Long Island Community Hospital, and the medical schools owned and operated by New York University. This partnership aims to foster and promote health care education, research, and advancements in the medical field, as well as to increase the availability and quality of health care services. The Foundation accomplishes this by providing direct grants, gifts, loans, or other forms of support to entities whose activities and projects share the same objectives.
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Impact
July, 2024
Brookhaven Health Care Services Corp, operating as Long Island Community Hospital Health Care Services Foundation, plays a crucial role in supporting the mission and charitable purposes of Long Island Community Hospital (LICH), a not-for-profit acute care hospital in Patchogue, NY. By seeking philanthropic support and granting funds to LICH and other not-for-profit organizations, the foundation contributes to the growth and availability of quality health care services in the community.
Through its partnership with NYU Langone Health System, Brookhaven Health Care Services Corp also aims to support health care education, research, and advances in the health field. By providing direct grants, gifts, loans, or other forms of assistance to organizations aligned with its goals, the foundation fosters the development of innovative health care services and promotes overall well-being in the region. This impact demonstrates the foundation's dedication to enhancing the health care landscape and improving the lives of individuals in need of medical services.
This information is meant to be a general summary of Brookhaven Health Care Services Corp. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $1,229,076
- Gross Receipts: $16,147,317
Assets and Liabilities:
- Total Assets: $37,268,037
- Total Liabilities: $4,600,912
- Net Assets: $32,667,125
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Organization Details
Founding Year
1984
Principal Officer
Marc S Adler Md Mba
NTEE Category
Code: E21Z - Health
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