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Physicians Home Inc

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

EIN: 131782482 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Physicians Home Inc?

Physicians Home Inc, situated in New York City, is a compassionate nonprofit organization dedicated to aiding physicians and their immediate family members who encounter financial hardships. With a small team of three individuals, the organization offers direct financial assistance to those in need. Throughout the year, they evaluate the requirements of new beneficiaries and provide ongoing support to existing ones. In 20XX, Physicians Home Inc extended $255,650 in aid to 14 physicians and 7 family members, demonstrating their commitment to uplifting the medical community during difficult times.


Official website here: www.physicianshome.org

Is Physicians Home Inc legitimate?

Physicians Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Physicians Home Inc 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: $9,615
Professional Fundraising Fees: $0
Other Salaries and Wages: $56,568

For more financial information, click here


Official website here: www.physicianshome.org

What is the mission statement of Physicians Home Inc?

Physicians Home Inc is an organization dedicated to assisting physicians who find themselves in financial hardships. Its mission is to provide support to these medical professionals and their family members when they require financial aid. The organization assesses the needs of both new and existing beneficiaries annually, offering direct financial assistance as necessary. In the previous year, Physicians Home Inc provided aid amounting to $255,650 to 14 physicians and 7 of their family members.


Official website here: www.physicianshome.org

Who is the CEO of Physicians Home Inc?

Andrew Sama Md is the Director/President/Ceo Thru 11/27/22 of Physicians Home Inc. The CEO's salary of Physicians Home Inc is $46,154 and their total compensation is $46,154.


Official website here: www.physicianshome.org

What is the revenue of Physicians Home Inc?

Physicians Home Inc's revenue in 2023 was $380,123.


Official website here: www.physicianshome.org

Who are the executives of Physicians Home Inc and what are their salaries?

The average compensation at Physicians Home Inc during 2023 was $22,061. There are 3 employees and 14 volunteers at Physicians Home Inc.


Here are 15 key members and their salaries (Physicians Home Inc's CEO's salary is $46,154 and their total compensation is $46,154):


Joseph B Cleary Md (Director/President/Ceo Thru 11/27/22)
  • Compensation: $46,154
  • Related: $0
  • Other: $0
Andrew E Sama Md (Dir/Chairman/1St Vice-Pres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Redo Esq (Director/2Nd Vice-President/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacqueline Salzer Md (Director/Asst. Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald D Fager Esq (Director/Secretary Thru 3/23)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sydney D Bogart Md (Director Thru 9/15/23)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce C Horten Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Iaquinta Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David S Karan Md (Director Thru 9/6/23)
  • Compensation: $0
  • Related: $0
  • Other: $0
John W Lombardo Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John A Mcclung Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fazlollah Moqtaderi Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary O'Dowd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon-Marie Rooney Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Voges Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.physicianshome.org

Where can I find the form 990 for Physicians Home Inc?

Physicians Home Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.physicianshome.org

Learn more at the official website: www.physicianshome.org

Mission Statement of Physicians Home Inc

Physicians Home Inc, a nonprofit organization, is dedicated to assisting physicians who find themselves in financial hardships. The mission of this organization is to provide support to these medical professionals and their immediate family members who may have become financially dependent. The executive committee of the board of directors at Physicians Home Inc evaluates the needs of new beneficiaries as well as those already receiving aid, determining the necessary assistance to provide for each case. In the given year, Physicians Home Inc offered direct financial aid of $255,650 to 14 physicians and 7 of their family members, demonstrating their commitment to helping those in need within the medical field.

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Impact




October, 2024

Physicians Home Inc plays a crucial role in supporting physicians and their families who face financial hardships. By providing direct financial assistance, the organization alleviates stress and fosters stability for those in the medical profession during challenging times. In one year alone, it allocated $255,650 in aid, benefiting 14 physicians and 7 family members in need. This impact not only helps to sustain the individuals directly affected but also contributes to the overall well-being of the healthcare community by ensuring that valued professionals can navigate life's adversities without losing their footing. Through careful evaluation of needs, the organization remains responsive and effective, reinforcing the importance of supporting healthcare providers who dedicate their lives to helping others.




This information is meant to be a general summary of Physicians Home Inc. 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
$380,123 (2023)
Expenses
$533,815 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $332,075
  • Gross Receipts: $3,105,074

Assets and Liabilities:

  • Total Assets: $13,839,493
  • Total Liabilities: $77,982
  • Net Assets: $13,761,511

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Organization Details

Founding Year

1919

Principal Officer

Andrew Sama Md

Main Address

515 MADISON AVE FL 8, NEW YORK, NY, 100228606

NTEE Category

Code: P800 - Human services

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