BROOKLYN UNITED METHODIST HEALTH SERVICES FOUNDATION INC

EIN: 113423295 501(c)(3) Religion

BROOKLYN, NY

Total Revenue
$86,514
Total Expenses
$19,435
Total Assets
$1,045,296
Net Assets
$1,036,306
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
NY
Principal Officer
SANDRA PITTERSON-COHEN
Phone
7188274500
Tax Period
2024-01-01 to 2024-12-31

BROOKLYN UNITED METHODIST HEALTH SERVICES FOUNDATION INC, founded in 1997, is a micro nonprofit in the Religion sector that reported $87K in total revenue in fiscal year 2024. Revenue surged 46% from the prior year, signaling strong growth momentum. The organization ran a surplus of $67K, a strong 78% operating margin.

Mission

THE BROOKLYN UNITED METHODIST HEALTH SERVICES FOUNDATION, INC. (THE FOUNDATION) WAS ESTABLISHED IN SEPTEMBER 1997 TO SEEK PHILANTHROPIC SUPPORT FOR THE PURPOSES OR USE OF THE BROOKLYN UNITED METHODIST CHURCH HOME (THE HOME) AND OTHER NURSING HOMES AND ORGANIZATIONS WITHIN NEW YORK STATE WHICH QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THAT ARE NOT PRIVATE FOUNDATIONS UNDER SECTION 509(A)(1) OR (2), THAT PROVIDE SERVICES TO, OR FOR THE BENEFIT OF, THE ELDERLY AND/OR OTHER INDIVIDUALS. THE FOUNDATION WILL GRANT FUNDS TO THE HOME OR OTHER SUCH ORGANIZATIONS UNDER THE DIRECTION OF ITS BOARD OF DIRECTORS.

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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 $81,909
Program Service Revenue $0
Investment Income $15,673
Other Revenue $-11,068
TOTAL REVENUE $86,514

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $200
Other Expenses $19,435
TOTAL EXPENSES $19,435

Year-over-Year Comparison

2024 2023 Change
Revenue $86,514 $59,186 +0.5%
Expenses $19,435 $26,234 -0.3%
Net Income $67,079 $32,952 +1.0%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
10

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
7
$1,058,741
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VERNA FITZPATRICK PRESIDENT 0.10
Officer Director
$0 $0 $0
REV JOHN H COLE VICE PRESIDENT 0.10
Officer Director
$0 $0 $0
MR SHERWIN CHUE TREASURER/SCRETARY 0.10
Officer Director
$0 $0 $0
STUART ALMER VICE PRESIDENT 0.10
Officer Director
$0 $0 $0
REV ROBERT EMERICK VICE PRESIDENT 0.10
Officer Director
$0 $0 $0
DR PEGGY BARNETT DIRECTOR 0.10
Director
$0 $0 $0
LUCILLE BJORNEBY DIRECTOR 0.10
Director
$0 $0 $0
DR CLEOLENE JONES DIRECTOR 0.10
Director
$0 $0 $0
MR CYE E ROSS DIRECTOR 0.10
Director
$0 $0 $0
DORIS WURGLER DIRECTOR 0.10
Director
$0 $0 $0
VICTOR M ORRIOLA CEO 0.50
Officer
$0 $76,026 $401,481
SANDRA PITTERSON-COHEN CFO 0.50
Officer
$0 $57,982 $657,260
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 $86,514 $19,435 $1,045,296 $67,079
2023 $59,186 $26,234 $903,190 $32,952
2022 $49,006 $16,991 $775,404 $32,015
2021 $21,802 $180,753 $862,664 $-158,951
2020 $13,250 $31,549 $933,611 $-18,299
2019 $87,731 $58,856 $894,382 $28,875
2018 $114,050 $57,203 $797,566 $56,847
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