FOOT CLINICS OF NEW YORK

EIN: 131655230 501(c)(3) Health Care

NEW YORK, NY

Total Revenue
$1,987,189
Total Expenses
$3,419,666
Total Assets
$1,133,737
Net Assets
$-9,000
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1910
Legal Domicile
NY
Principal Officer
MELVIN NESS
Phone
6465656000
Tax Period
2024-07-01 to 2025-06-30

FOOT CLINICS OF NEW YORK, founded in 1910, is a community nonprofit in the Health Care sector that reported $2.0M in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $3.4M exceeded revenue, resulting in a 72% operating deficit.

Mission

FOOT CLINICS OF NEW YORK (FCNY) PROVIDES AMBULATORY SERVICES TO A LARGE (SEE SCHEDULE O).

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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 $287,300
Program Service Revenue $1,665,537
Investment Income $29
Other Revenue $34,323
TOTAL REVENUE $1,987,189

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,475,235
Fundraising Expenses $0
Program Expenses $2,860,124
Other Expenses $1,944,431
TOTAL EXPENSES $3,419,666

Year-over-Year Comparison

2024 2023 Change
Revenue $1,987,189 $1,591,265 +0.2%
Expenses $3,419,666 $4,592,781 -0.3%
Net Income $-1,432,477 $-3,001,516 -0.5%
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
26
Independent Members
17
Employees
25
Volunteers
32

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
10
$2,968,400
Total Directors
35
$1,944,403
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEITH A GREATHOUSE TRUSTEE (END 12/2024) 0.00
Officer Director
$0 $0 $0
JORDAN HELLER TRUSTEE (END 12/2024) 0.00
Officer Director
$0 $0 $0
SUSHEEL BATHLA DPM TRUSTEE (END 12/2024) 0.00
Officer Director
$0 $0 $0
ANDREW A ALBERTI TRUSTEE (END 12/2024) 0.00
Director
$0 $0 $0
HOWARD BARUCH TRUSTEE (END 12/2024) 0.00
Director
$0 $0 $0
JAY BIENENFELD TRUSTEE (END 12/2024) 0.00
Director
$0 $0 $0
MARC BRENNER TRUSTEE (END 12/2024) 0.00
Director
$0 $0 $0
KATHLEEN REILLY FALLON DPM TRUSTEE (END 12/2024) 0.00
Director
$0 $0 $0
WILLIAM G RAISCH TRUSTEE (END 12/2024) 0.00
Director
$0 $0 $0
ALAN KADISH PRESIDENT, CEO AND TRUSTEE 0.10
Officer Director
$0 $249,801 $1,361,965
ABRAHAM BIDERMAN TRUSTEE (START 1/2025) 0.00
Director
$0 $0 $0
ALLEN FAGIN TRUSTEE (START 1/2025) 0.00
Director
$0 $0 $0
BEN CHOUAKE TRUSTEE (START 1/2025) 0.00
Director
$0 $0 $0
RABBI DANIEL LANDER TRUSTEE (START 1/2025) 0.10
Director
$0 $214,156 $523,291
DAVID LICHTENSTEIN TRUSTEE (START 1/2025) 0.00
Director
$0 $0 $0
HOWARD FRIEDMAN TRUSTEE (START 1/2025) 0.00
Director
$0 $0 $0
ISRAEL SENDROVIC TRUSTEE (START 1/2025) 0.00
Director
$0 $0 $0
JACK WEINREB TRUSTEE (START 1/2025) 0.00
Director
$0 $0 $0
LAWRENCE PLATT TRUSTEE (START 1/2025) 0.00
Director
$0 $0 $0
MARTIN OLINER TRUSTEE (START 1/2025) 0.00
Director
$0 $0 $0
RABBI MENACHEM GENACK TRUSTEE (START 1/2025) 0.10
Director
$0 $153 $59,147
SOLOMON GOLDFINGER TRUSTEE (START 1/2025) 0.00
Director
$0 $0 $0
STEPHEN ROSENBERG TRUSTEE (START 1/2025) 0.00
Director
$0 $0 $0
ZVI RYZMAN TRUSTEE (START 1/2025) 0.00
Director
$0 $0 $0
ABRAHAM GUTNICKI TRUSTEE (START 1/2025) 0.00
Director
$0 $0 $0
SHMUEL BRAUN TRUSTEE (START 1/2025) 0.00
Director
$0 $0 $0
SHABSAI WOLFE TRUSTEE (START 1/2025) 0.00
Director
$0 $0 $0
BRIAN LEVINSON TRUSTEE (START 1/2025) 0.00
Director
$0 $0 $0
MARGARET RETTER TRUSTEE (START 1/2025) 0.00
Director
$0 $0 $0
GILLES GADE TRUSTEE (START 1/2025) 0.00
Director
$0 $0 $0
GARY TORGOW TRUSTEE (START 1/2025) 0.00
Director
$0 $0 $0
STEVEN ZULLER TRUSTEE (START 1/2025) 0.00
Director
$0 $0 $0
ZAHAVA FRIEDMAN TRUSTEE (START 1/2025) 0.00
Director
$0 $0 $0
JUDY HASTEN KAYE TRUSTEE (START 1/2025) 0.00
Director
$0 $0 $0
DEBRA HARTMAN TRUSTEE (START 1/2025) 0.00
Director
$0 $0 $0
JOEL STURM COO AND VP OF ADMIN 10.00
Officer
$0 $26,625 $276,725
AVI COHEN SR. DIRECTOR OF FINANCE 0.50
Officer
$0 $43,870 $152,451
WILLIAM BAYER ADMINISTRATOR 10.00
Officer
$157,628 $1,445 $159,073
VICTOR POLITI MEDICAL DIRECTOR 5.00
Officer
$0 $15,908 $378,979
EUNICE RAMSEY-PARKER CLINICAL ADMINISTRATOR 35.00
Officer
$129,486 $1,445 $130,931
MELVIN NESS TRUSTEE (START 1/2025) 0.10
Officer
$0 $17,773 $508,276
MICHAEL TREPAL DEAN, VP OF ACADEMIC AFFAIRS, PROFESSOR, SURGERY 10.00
Highest
$0 $26,625 $261,636
BRIANA RAMIREZ DIRECTOR OF PHYSICAL THERAPY 35.00
Highest
$140,191 $12,350 $152,541
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
2025 $1,987,189 $3,419,666 $1,133,737 $-1,432,477
2024 No data No data No data No data
2023 $1,510,524 $4,293,893 $747,273 $-2,783,369
2022 $1,295,454 $4,536,110 $241,749 $-3,240,656
2021 $1,226,669 $4,379,078 $258,893 $-3,152,409
2020 $1,453,666 $4,371,400 $276,935 $-2,917,734
2020 $1,453,666 $4,544,164 $249,687 $-3,090,498
2019 $1,693,053 $4,791,981 $229,958 $-3,098,928
2018 $1,693,785 $4,726,563 $311,828 $-3,032,778
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