LONG ISLAND MEDICAL FOUNDATION INC DBA NUHEALTH FOUNDATION

EIN: 010693679 501(c)(3) Health Care

EAST MEADOW, NY

Total Revenue
$118,849
Total Expenses
$317,561
Total Assets
$1,492,621
Net Assets
$1,492,621
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
NY
Principal Officer
SYED ZAKI HOSSAIN
Phone
5162964934
Tax Period
2024-01-01 to 2024-12-31

LONG ISLAND MEDICAL FOUNDATION INC DBA NUHEALTH FOUNDATION, founded in 2002, is a small nonprofit in the Health Care sector that reported $119K in total revenue in fiscal year 2024. Revenue fell 67% from the prior year — a significant decline worth monitoring. Expenses of $318K exceeded revenue, resulting in a 167% operating deficit.

Mission

LONG ISLAND MEDICAL FOUNDATION (LIMF) IS THE NOT-FOR-PROFIT PHILANTHROPIC ARM OF THE NASSAU HEALTH CARE CORPORATION. LIMF IS DEVOTED TO INSPIRE PHILANTHROPIC SUPPORT FOR THE NASSAU UNIVERSITY MEDICAL CENTER, A. HOLLY PATTERSON SKILLED NURSING FACILITY, AND REGIONAL COMMUNITY HEALTH CENTERS BY RAISING AWARENESS OF THE ROLES OF THESE PUBLIC INSTITUTIONS AS THE REGION'S HEALTH CARE SAFETY NET FOR THE MOST VULNERABLE POPULATIONS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $54,973
Program Service Revenue $0
Investment Income $38,868
Other Revenue $25,008
TOTAL REVENUE $118,849

Expense Breakdown

Grants Paid $0
Salaries & Benefits $119,510
Fundraising Expenses $101,882
Program Expenses $169,244
Other Expenses $198,051
TOTAL EXPENSES $317,561

Year-over-Year Comparison

2024 2023 Change
Revenue $118,849 $365,537 -0.7%
Expenses $317,561 $239,024 +0.3%
Net Income $-198,712 $126,513 -2.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
1
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$114,475
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SYED ZAKI HOSSAIN CHAIRMAN 1.00
Officer Director
$0 $0 $0
TARIQ KAHN BOARD MEMBER 1.00
Director
$0 $0 $0
PAUL TRAUSE BOARD MEMBER 1.00
Director
$0 $0 $0
WALTER SKINNER BOARD MEMBER 1.00
Director
$0 $0 $0
BERNIE TOWNES BOARD MEMBER 1.00
Director
$0 $0 $0
JAY SINGH BOARD MEMBER 1.00
Director
$0 $0 $0
LINDA WALSH EXECUTIVE DIRECTOR 37.50
Officer
$114,475 $0 $114,475
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $118,849 $317,561 $1,492,621 $-198,712
2023 $365,537 $239,024 $1,702,741 $126,513
2022 $324,294 $239,375 $1,574,135 $84,919
2021 $297,460 $252,372 $1,446,770 $45,088
2020 $176,926 $285,874 $1,401,682 $-108,948
2019 $496,701 $321,032 $1,510,630 $175,669
2018 $368,056 $465,915 $1,334,961 $-97,859
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