Stony Brook Surgical Holding Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 116434538 ✦ Stony brook, NY ✦ Designated as a 501(c)(25)

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Overview

What is Stony Brook Surgical Holding Corporation?

Stony Brook Surgical Holding Corporation is a nonprofit organization headquartered in Stony Brook, New York. Its primary function is to acquire, manage, and generate income from property. This income, after deducting expenses, is then transferred to Stony Brook Clinical Practice Management Plan. The organization serves as a financial intermediary, ensuring the smooth operation and financial support for Stony Brook Clinical Practice Management Plan.

Is Stony Brook Surgical Holding Corporation legitimate?

Stony Brook Surgical Holding Corporation is a legitimate nonprofit organization registered as a 501(c)(25) entity. Stony Brook Surgical Holding Corporation 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 Stony Brook Surgical Holding Corporation?

Stony Brook Surgical Holding Corporation's mission is centered around the acquisition, management, and distribution of income derived from property. The primary objective is to collect income from these properties and transfer the entire sum, following the deduction of expenses, to Stony Brook Clinical Practice Management Plan. This corporation's role essentially serves to funnel resources to Stony Brook Clinical Practice Management Plan.

Who is the CEO of Stony Brook Surgical Holding Corporation?

Raphael Davis Md is the Treasurer/Pres As Of 6/15/22 of Stony Brook Surgical Holding Corporation.

What is the revenue of Stony Brook Surgical Holding Corporation?

Stony Brook Surgical Holding Corporation's revenue in 2022 was $642,558.

Who are the executives of Stony Brook Surgical Holding Corporation and what are their salaries?


Here are 6 key members and their salaries:


Raphael Davis (Treasurer/Pres As Of 6/15/22)
  • Compensation: $0
  • Related: $1,437,093
  • Other: $96,015
Margaret Mcgovern (Director (Fmr Term 5/1/2018))
  • Compensation: $0
  • Related: $1,096,208
  • Other: $125,581
Tong Gan (Secretary)
  • Compensation: $0
  • Related: $908,691
  • Other: $80,359
Todd Griffin (President (Till 6/15/22))
  • Compensation: $0
  • Related: $715,664
  • Other: $92,875
Kenneth Shroyer (Secretary (Term 3/20/19))
  • Compensation: $0
  • Related: $633,930
  • Other: $101,984
Mark Talamini (Frm. President(Term 4/5/2021))
  • Compensation: $0
  • Related: $261,570
  • Other: $731
Where can I find the form 990 for Stony Brook Surgical Holding Corporation?

Stony Brook Surgical Holding Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Stony Brook Surgical Holding Corporation

Stony Brook Surgical Holding Corporation's primary mission is to generate income through the acquisition and management of property. This income is then thoroughly managed to cover any associated expenses, and the remaining amount is subsequently remitted to Stony Brook Clinical Practice Management Plan in its entirety. Essentially, Stony Brook Surgical Holding Corporation serves as a conduit for income generation and distribution, channeling its earnings towards Stony Brook Clinical Practice Management Plan.

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Impact




October, 2024

Stony Brook Surgical Holding Corporation plays a significant role in enhancing the resources available for healthcare services. By acquiring and managing property, the organization generates income that is channeled directly to the Stony Brook Clinical Practice Management Plan. This financial support is crucial in ensuring that the clinical practices can operate more effectively and provide high-quality care to the community.

The impact of this organization extends beyond financial support; it actively contributes to community improvement by ensuring that healthcare facilities are adequately funded. This, in turn, enhances the overall health outcomes of the population served. The remittance of income after covering expenses allows for reinvestment into clinical practices, promoting better healthcare delivery, innovation, and expansion of services.

Through its activities, Stony Brook Surgical Holding Corporation not only strengthens the operational framework of Stony Brook Clinical Practice but also fosters a healthier community by ensuring that medical practitioners have the resources they need to deliver optimal care.




This information is meant to be a general summary of Stony Brook Surgical Holding Corporation. 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.

Revenue
$642,558 (2022)
Expenses
$320,423 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $642,558
  • Gross Receipts: $642,558

Assets and Liabilities:

  • Total Assets: $5,627,961
  • Total Liabilities: $117,761
  • Net Assets: $5,510,200

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL REVENUE

Revenue

$642,558

Organization Details

Founding Year

1993

Principal Officer

Raphael Davis Md

Main Address

PO Box 1554, Stony Brook, NY, 11790

NTEE Category

Code: S47 - Community improvement

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