FLUSHING HOSPITAL MEDICAL CENTER (EIN 111631781) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1884

Legal Domicile

Principal Officer

BRUCE J FLANZ

Phone

7186705000

Tax Period

2023-01-01 to 2023-12-31

FLUSHING HOSPITAL MEDICAL CENTER, founded in 1884, is a major nonprofit in the Health Care sector that reported $426.2M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $379.4M left a modest 11% surplus.

Mission

ACUTE CARE HOSPITAL

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $7,430,227

Program Service Revenue $407,393,291

Investment Income $569,048

Other Revenue $10,803,283

TOTAL REVENUE $426,195,849

Expense Breakdown

Grants Paid $0

Salaries & Benefits $232,311,722

Fundraising Expenses $0

Program Expenses $346,168,272

Other Expenses $147,069,321

TOTAL EXPENSES $379,381,043

Year-over-Year Comparison

	2023	2022	Change
Revenue	$426,195,849	$357,303,502	+0.2%
Expenses	$379,381,043	$343,840,618	+0.1%
Net Income	$46,814,806	$13,462,884	+2.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

2243

Volunteers

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

$5,507,488

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALAN J JIN	TRUSTEE	2.00	Director	$0	$0	$0
ANTHONY DIMARIA MD	OUTGOING TRUSTEE	1.00	Director	$0	$0	$0
ANTHONY MAZZO	CHAIRMAN	1.00	Officer Director	$0	$0	$0
ANTONIETTA MORISCO	TRUSTEE	1.00	Director	$0	$0	$0
CHRIS HWANG	TRUSTEE	1.00	Director	$0	$0	$0
DARREN MEYERS	TRUSTEE	1.00	Director	$0	$0	$0
DOUGLAS W SINGER	TRUSTEE	1.00	Director	$0	$0	$0
GEOFFREY DOUGHLIN MD	TRUSTEE	1.00	Director	$0	$0	$0
HON TIMOTHY J DUFFICY	TRUSTEE	1.00	Director	$0	$0	$0
JOSEPH FERRARA	TRUSTEE	1.00	Director	$0	$0	$0
JOSEPH LIANA	TRUSTEE	1.00	Director	$0	$0	$0
THOMAS J SANTUCCI	TRUSTEE	1.00	Director	$0	$0	$0
NEIL FOSTER PHILLIPS	TRUSTEE	1.00	Director	$0	$0	$0
PATRICK SUN CPA LREP	TRUSTEE	1.00	Director	$0	$0	$0
PHILIPPA KARTERON	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT REICHENBACH	SECRETARY	1.00	Officer Director	$0	$0	$0
ROBERT W KOOP	TRUSTEE	1.00	Director	$0	$0	$0
SANG KI HAN	TRUSTEE	1.00	Director	$0	$0	$0
MICHELLE STODDART	TRUSTEE	1.00	Director	$0	$0	$0
BRUCE J FLANZ	PRESIDENT & CEO	15.00	Officer	$0	$62,218	$3,039,589
MOUNIR F DOSS	EXEC VP & CFO	15.00	Officer	$0	$62,218	$1,895,670
ROBERT LEVINE	EXEC VP & COO	40.00	Officer	$524,282	$47,947	$572,229
CELINE PAULUS	PHYSICIAN	40.00	Highest	$382,117	$61,792	$443,909
JAMES GIGLIO	CHAIRMAN, EMERGENCY ROOM	40.00	Highest	$576,541	$64,998	$641,539
MUDINA SHEIKH	CHAIRPERSON- PHYSICIAN	40.00	Highest	$381,091	$46,577	$427,668
OSCAR MARCILLA	ASSOCIATE DIRECTOR	40.00	Highest	$531,942	$33,764	$565,706
ESSA MEHRI	PHYSICIAN	40.00	Highest	$417,249	$43,598	$460,847

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	$426,195,849	$379,381,043	$407,880,113	$46,814,806
2022	$357,303,502	$343,840,618	$321,976,457	$13,462,884
2021	$383,726,724	$330,309,833	$236,716,417	$53,416,891
2020	$332,002,900	$306,144,274	$236,041,768	$25,858,626
2019	$279,002,999	$290,517,247	$126,671,202	$-11,514,248
2018	$288,584,879	$275,350,224	$144,705,894	$13,234,655

FLUSHING HOSPITAL MEDICAL CENTER