ST BARNABAS COMMUNITY ENTERPRISES INC C/O ST BARNABAS HOSPITAL

EIN: 061175581 501(c)(3) Health Care

BRONX, NY

Total Revenue
$6,884
Total Expenses
$58,416
Total Assets
$404,227
Net Assets
$370,157
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
NY
Principal Officer
MARY GROCHOWSKI
Phone
7189609000
Tax Period
2023-01-01 to 2023-12-31

ST BARNABAS COMMUNITY ENTERPRISES INC C/O ST BARNABAS HOSPITAL, founded in 1986, is a micro nonprofit in the Health Care sector that reported $7K in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $58K exceeded revenue, resulting in a 749% operating deficit.

Mission

ST. BARNABAS COMMUNITY ENTERPRISES, INC. ("SBCE") WAS FORMED TO ACHIEVE PURPOSES THAT ARE EXCLUSIVELY CHARITABLE, EDUCATIONAL AND SCIENTIFIC IN NATURE WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. SBCE'S MISSION IS TO RECEIVE AND ADMINISTER FUNDS; TAKE AND HOLD BY BEQUEST, DEVISE, GIFT, GRANT, PURCHASE, LEASE OR OTHERWISE ANY PROPERTY WITHOUT LIMITATION AS TO AMOUNT OR VALUE; FORMULATE, MANAGE AND CONTROL DIRECTLY OR INDIRECTLY OTHER ENTITIES, FIRMS, CORPORATIONS AND THE LIKE AS MAY BE DEEMED NECESSARY OR DESIRABLE TO CARRY OUT THE PURPOSES OF SBCE; TO SELL, CONVEY OR OTHERWISE DISPOSE OF ANY PROPERTY AND OR INVEST, REINVEST OR DEAL WITH THE PRINCIPAL OR THE INCOME THEREOF IN SUCH MANNER AS IN THE JUDGMENT OF SBCE WILL BEST PROMOTE THE PURPOSES OF SBCE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,150
Program Service Revenue $0
Investment Income $50
Other Revenue $5,684
TOTAL REVENUE $6,884

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $54,656
Other Expenses $58,416
TOTAL EXPENSES $58,416

Year-over-Year Comparison

2023 2022 Change
Revenue $6,884 $5,348 +0.3%
Expenses $58,416 $72,738 -0.2%
Net Income $-51,532 $-67,390 -0.2%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
17
Independent Members
17
Employees
N/A
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
9
$2,983,329
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MILDRED ALLEN PH D TRUSTEE (RESIGNED 9/29/23) 1.00
Director
$0 $0 $0
HON JOHN A BARONE TRUSTEE 1.00
Director
$0 $0 $0
HELEN FOSTER TRUSTEE 1.00
Director
$0 $0 $0
DAVID HARRIS CHAIRMAN 1.00
Officer Director
$0 $0 $0
CHARLES MOERDLER ESQ TRUSTEE 1.00
Director
$0 $0 $0
ELIZABETH SANCHEZ LCSW SECRETARY 1.00
Officer Director
$0 $0 $0
BARRY WINTNER CFA TRUSTEE 1.00
Director
$0 $0 $0
WILMA ALONSO TRUSTEE 1.00
Director
$0 $0 $0
RICHARD G KETCHUM VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
AFUA ATTA-MENSAH ESQ TRUSTEE 1.00
Director
$0 $0 $0
TODD REINGLASS VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
ARTIE JOHNSON TRUSTEE 1.00
Director
$0 $0 $0
NANCY BUSCH ROSSNAGEL PHD TRUSTEE 1.00
Director
$0 $0 $0
KAREN PARRISH VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
ADAM COTUMACCIO TRUSTEE (RESIGNED 7/6/23) 1.00
Director
$0 $0 $0
AMARILIS JACOBO DDS TRUSTEE 1.00
Director
$0 $0 $0
DAVID MAURRASSE PHD TRUSTEE 1.00
Director
$0 $0 $0
DENISSE OLIVAREZ TRUSTEE (RESIGNED 9/14/23) 1.00
Director
$0 $0 $0
DEREK TICE-BROWN PHD MSW TRUSTEE 1.00
Director
$0 $0 $0
LAURA A GUERRA TRUSTEE (RESIGNED 10/9/23) 1.00
Director
$0 $0 $0
WILLIAM T COLONA TRUSTEE 1.00
Director
$0 $0 $0
DAVID PERLSTEIN PRESIDENT & CEO 1.00
Officer
$0 $27,455 $1,022,883
ERIC C APPELBAUM EVP / COO 1.00
Officer
$0 $35,873 $731,103
MARY GROCHOWSKI EVP / CFO 1.00
Officer
$0 $10,620 $627,707
KEITH D WOLF EVP & GENERAL COUNSEL 1.00
Officer
$0 $35,873 $601,636
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 No data No data No data No data
2023 $6,884 $58,416 $404,227 $-51,532
2022 $5,348 $72,738 $455,759 $-67,390
2021 $11,535 $64,024 $523,149 $-52,489
2020 $62,980 $78,649 $575,638 $-15,669
2019 $190,424 $85,349 $591,307 $105,075
2018 $243,565 $194,690 $486,232 $48,875
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