BronxCare Health Systems

EIN: 131974191 501(c)(3) Health Care

BRONX, NY

Total Revenue
$950,080,223
Total Expenses
$927,923,862
Total Assets
$971,494,559
Net Assets
$410,896,563
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1964
Legal Domicile
NY
Phone
7189018600
Tax Period
2023-01-01 to 2023-12-31

BronxCare Health Systems, founded in 1964, is a major nonprofit in the Health Care sector that reported $950.1M in total revenue in fiscal year 2023.

Mission

TO DELIVER THE HIGHEST QUALITY OF HEALTHCARE SERVICES TO THE BRONX COMMUNITY.

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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 $20,450,709
Program Service Revenue $909,431,224
Investment Income $19,201,691
Other Revenue $996,599
TOTAL REVENUE $950,080,223

Expense Breakdown

Grants Paid $0
Salaries & Benefits $563,639,849
Fundraising Expenses $1,922
Program Expenses $787,130,313
Other Expenses $364,284,013
TOTAL EXPENSES $927,923,862

Year-over-Year Comparison

2023 2022 Change
Revenue $950,080,223 $950,981,700 0.0%
Expenses $927,923,862 $877,213,112 +0.1%
Net Income $22,156,361 $73,768,588 -0.7%
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

Financial Distress Indicator

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
13
Independent Members
10
Employees
4601
Volunteers
101

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
$3,519,316
Total Directors
13
$2,374,107
Key Employees
5
$2,582,105
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A ASSISTANT SECRETARY 2.0
Officer Director
$0 $0 $0
N/A CHAIRMAN 4.0
Officer Director
$0 $0 $0
N/A PRESIDENT AND CEO 40.0
Officer Director
$2,309,674 $64,433 $2,374,107
N/A VICE CHAIRPERSON/SECRETARY 3.0
Officer Director
$0 $0 $0
N/A ASSISTANT SECRETARY 2.0
Officer Director
$0 $0 $0
N/A ASSISTANT SECRETARY 3.0
Officer Director
$0 $0 $0
N/A BOARD MEMBER 2.0
Director
$0 $0 $0
N/A BOARD MEMBER 2.0
Director
$0 $0 $0
N/A BOARD MEMBER 2.0
Director
$0 $0 $0
N/A BOARD MEMBER 2.0
Director
$0 $0 $0
N/A BOARD MEMBER 2.0
Director
$0 $0 $0
N/A BOARD MEMBER 2.0
Director
$0 $0 $0
N/A BOARD MEMBER 2.0
Director
$0 $0 $0
N/A SENIOR VICE PRESIDENT/CFO 40.0
Officer
$1,079,583 $65,626 $1,145,209
N/A VICE PRESIDENT-OPERATIONS 40.0
Key Emp
$578,668 $71,185 $649,853
N/A VP - REVENUE CYCLE MGMT 40.0
Key Emp
$354,006 $54,650 $408,656
N/A VP - EXTERNAL AFFAIRS 40.0
Key Emp
$566,488 $63,665 $630,153
N/A VICE PRESIDENT - NURSING 40.0
Key Emp
$382,988 $47,408 $430,396
N/A VICE PRESIDENT-NURSING 40.0
Key Emp
$417,873 $45,174 $463,047
N/A PHYSICIAN-PULMONARY 40.0
Highest
$911,151 $65,899 $977,050
N/A CHAIRMAN-ORTHOPEDICS 40.0
Highest
$880,599 $63,355 $943,954
N/A CHAIRMAN-OB/GYN & CMO 40.0
Highest
$1,349,307 $63,251 $1,412,558
N/A ASSOCIATE DIR, NEUROSURGERY 40.0
Highest
$1,267,556 $59,339 $1,326,895
N/A DIRECTOR-GRADUATE MEDICAL EDUC 40.0
Highest
$910,552 $72,199 $982,751
N/A VP - LONG TERM CARE 0.0
$133,269 $28,579 $161,848
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 $950,080,223 $927,923,862 $971,494,559 $22,156,361
2022 $950,981,700 $877,213,112 $919,250,370 $73,768,588
2021 $899,372,037 $847,061,773 $714,368,274 $52,310,264
2020 $835,076,495 $815,727,688 $743,333,524 $19,348,807
2019 $771,397,465 $767,116,056 $563,251,621 $4,281,409
2018 $783,358,560 $770,627,566 $550,639,592 $12,730,994
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