New York Community Hospital of Brooklyn Inc
95% goes to programs $0 to raise $100
New York Community Hospital of Brooklyn Inc is a 501(c)(3) organization based in Brooklyn, New York, registered in 1947, with $148,159,384 in FY2024 revenue. CharityIndex grades it B+, and it directs about 95% of spending to programs.
2525 Kings Hwy, Brooklyn, NY, 11229 EIN 11-1986351 Since 1947
Revenue (FY2024)
$148.2M
▲ 19.1% vs prior year
Health median: $840K
Expenses (FY2024)
$167.3M
Net assets
$49.9M
Employees
983
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating95% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For New York Community Hospital of Brooklyn Inc: 95% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
C+Financial health25% of the rating4 mo reserves · -13% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For New York Community Hospital of Brooklyn Inc: 4 mo reserves · -13% margin earns a C+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For New York Community Hospital of Brooklyn Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For New York Community Hospital of Brooklyn Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Maimonides midwood community hospital is committed to providing quality care with compassion and dignity to all patients and to the community.
Contact & location
- Address
- 2525 Kings Hwy, Brooklyn, NY, 11229
- City
- Brooklyn
- State
- New York
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $99.9M (FY2013) to $148.2M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $40.1MNet assets $49.9M
Operating margin
-12.9%
Spent more than it raised in the latest fiscal year.
Total assets
$90.0M
Total liabilities
$40.1M
Net assets
$49.9M
Salaries & benefits
$108.1M
65% of expenses
Board members
26
23 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $148,159,384▲19.1% | $167,301,872▲12.0% | $49,917,879▲11.2% | $89,982,975▲2.5% | 990 |
| 2023 | $124,428,282▲4.0% | $149,384,269▲14.6% | $44,884,708▲10.5% | $87,759,449▲6.7% | 990 |
| 2022 | $119,632,484▼16.8% | $130,317,548▼4.8% | $40,616,078▲7.2% | $82,260,057▼19.1% | 990 |
| 2021 | $143,740,583▲16.0% | $136,947,075▲10.4% | $37,890,315▲58.6% | $101,696,668▼12.8% | 990 |
| 2020 | $123,879,890▲19.2% | $124,063,907▲13.1% | $23,883,353▼10.1% | $116,616,516▲74.1% | 990 |
| 2019 | $103,901,219▼1.6% | $109,694,672▲1.1% | $26,572,856▼16.4% | $66,990,596▼9.8% | 990 |
| 2018 | $105,639,332▲3.9% | $108,492,702▲0.4% | $31,803,316▼11.9% | $74,243,153▼15.2% | 990 |
| 2017 | $101,660,186▲3.8% | $108,101,306▲4.8% | $36,106,063▼11.3% | $87,506,535▼2.1% | 990 |
| 2016 | $97,961,295▲4.4% | $103,152,243▲5.2% | $40,690,412▼9.5% | $89,341,000▼3.8% | 990 |
| 2015 | $93,869,602▼1.7% | $98,069,882▲7.1% | $44,945,711▼10.2% | $92,857,423▼4.3% | 990 |
| 2014 | $95,533,107▼4.4% | $91,539,164▼2.8% | $50,055,503▲2.8% | $97,009,255▲3.5% | 990 |
| 2013 | $99,889,523 | $94,139,526▲1.5% | $48,680,096▲19.4% | $93,723,412▲6.4% | 990 |
| 2012 | — | $92,763,484▲5.5% | $40,787,427▲29.1% | $88,076,726▲12.1% | 990 |
| 2011 | — | $87,955,401▲2.3% | $31,597,829▲14.6% | $78,545,641▲21.9% | 990 |
| 2010 | — | $86,019,327 | $27,576,025 | $64,429,245 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Ralph Madeb — $800,414 (0.48% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Ralph Madeb | Co-chief Medical Officer | 40 | $800,414 |
| Barry Stern | President and Ceo | 40 | $555,486 |
| Samir Farhat | Physician | 40 | $479,767 |
| Donna Fitzmartin | Sr Vice President/coo | 40 | $377,691 |
| Robert Ren | Chief Administrative Officer | 40 | $367,005 |
| Edwin Ko | Medical Director of Pathology | 40 | $361,175 |
| Annada Das | Physician | 40 | $318,379 |
| Tirupati Raju | Physician | 40 | $297,651 |
| Boris Molchanskiy | Chief Nursing Officer | 40 | $297,612 |
| Edward Stolyar | Chief Information Officer | 40 | $293,508 |
| Diana Immel | Vice President | 40 | $272,591 |
| Aaron Twerski | Trustee | 0.5 | — |
| Alex Rovt Phd | Trustee & Vice Chair (through 6/24) | 0.1 | — |
| Amy Sandgrund-fisher | Trustee (as of 12/24) | 0.1 | — |
| Azzam Obeid | Trustee | 0.1 | — |
| Chaim Fischer | Trustee | 0.1 | — |
| David Cassato Msgr | Trustee | 0.5 | — |
| David Cohen Md | Evp/pop Health Academic Affairs | 0.5 | — |
| David Spira | Trustee | 0.1 | — |
| Donald Meltzer | Trustee (through 6/24) | 0.1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Amerisourcebergen | Pharmaceuticals | $9,082,092 |
| Medline Industries Inc | Medical Supplies | $5,211,937 |
| Cardinal Health Inc Pharmacy | Pharmaceuticals | $3,393,308 |
| United Nyc Medical Associates | Anesthesia Services | $2,250,989 |
| Philips Medical Systems Hsg | Medical Devices | $2,240,905 |
Grants received · $32K total
4 grants to New York Community Hospital of Brooklyn Inc totaling $32K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Maimonides Medical Center- | General support | 2022 | $9,425 |
| Maimonides Medical Center- | General support | 2021 | $8,925 |
| Maimonides Medical Center- | General support | 2019 | $6,650 |
| Maimonides Medical Center- | — | 2018 | $6,650 |
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Frequently asked questions
- Is New York Community Hospital of Brooklyn Inc a legitimate nonprofit?
- Yes. New York Community Hospital of Brooklyn Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 11-1986351, based in Brooklyn, New York. Donations are tax-deductible.
- What is New York Community Hospital of Brooklyn Inc's EIN?
- New York Community Hospital of Brooklyn Inc's Employer Identification Number (EIN) is 11-1986351.
- How much revenue does New York Community Hospital of Brooklyn Inc report?
- New York Community Hospital of Brooklyn Inc reported $148,159,384 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of New York Community Hospital of Brooklyn Inc's spending goes to programs?
- New York Community Hospital of Brooklyn Inc spends about 95% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does New York Community Hospital of Brooklyn Inc have?
- CharityIndex grades New York Community Hospital of Brooklyn Inc B+, based on program efficiency and fundraising cost.
- How much does New York Community Hospital of Brooklyn Inc's highest-paid employee make?
- The highest reported compensation on New York Community Hospital of Brooklyn Inc's latest Form 990 is $800,414, paid to Ralph Madeb (Co-chief Medical Officer).
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Data for New York Community Hospital of Brooklyn Inc (EIN 11-1986351) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.