NORTH BRONX FACULTY PRACTICE CORPORATION

EIN: 134169311 501(c)(3) Health Care

NEW YORK, NY

Total Revenue
$21,611,103
Total Expenses
$24,261,737
Total Assets
$11,430,770
Net Assets
$11,430,770
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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
2001
Legal Domicile
NY
Principal Officer
ANTHONY MIRDITA
Phone
7189183052
Tax Period
2022-07-01 to 2023-06-30

NORTH BRONX FACULTY PRACTICE CORPORATION, founded in 2001, is a mid-sized nonprofit in the Health Care sector that reported $21.6M in total revenue in fiscal year 2022. Revenue surged 59% from the prior year, signaling strong growth momentum. Expenses of $24.3M exceeded revenue, resulting in a 12% operating deficit.

Mission

TO PROVIDE MEDICAL SERVICES AT JACOBI MEDICAL CENTER AND NORTH CENTRAL BRONX HOSPITAL.

Program Service Accomplishments

Program 1
Expenses: $24,208,121 Revenue: $21,590,368

BRONX FACULTY PRACTICE CORPORATION PROVIDES MEDICAL SERVICES AT JACOBI MEDICAL CENTER AND NORTH CENTRAL BRONX HOSPITAL.

Program 2
Expenses: $13,303 Revenue: $17,815

RESEARCH FUND

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $21,608,183
Investment Income $2,920
Other Revenue $0
TOTAL REVENUE $21,611,103

Expense Breakdown

Grants Paid $3,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $24,221,424
Other Expenses $24,258,737
TOTAL EXPENSES $24,261,737

Year-over-Year Comparison

2022 2021 Change
Revenue $21,611,103 $13,561,779 +0.6%
Expenses $24,261,737 $10,821,430 +1.2%
Net Income $-2,650,634 $2,740,349 -2.0%
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

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
19
Independent Members
N/A
Employees
N/A
Volunteers
26

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
2
$830,793
Total Directors
19
$10,203,226
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEONARD GOLDEN MD DIRECTOR 0.12
Director
$0 $74,769 $840,477
ORLANDO ORTIZ MD DIRECTOR 0.12
Director
$0 $60,297 $822,740
JOHN MCNELIS MD DIRECTOR 0.12
Director
$0 $59,568 $801,773
ROBERT FAILLACE MD DIRECTOR 0.12
Director
$0 $59,568 $705,339
JEREMY D SPERLING MD DIRECTOR 0.12
Director
$0 $74,769 $652,556
DARYL WIELAND MD DIRECTOR 0.12
Director
$0 $75,450 $645,272
Nrupen Baxi MD DIRECTOR 0.12
Director
$0 $74,107 $575,409
EDWARD E CONWAY JR MD DIRECTOR 0.12
Director
$0 $60,752 $548,386
JOSHUA MOSKOVITZ MD DIRECTOR thru 7/1/22 0.12
Director
$0 $73,486 $490,410
MARYANN J POPIEL MD DIRECTOR 0.12
Director
$0 $44,944 $489,404
FREDERICK NAGEL MD DIRECTOR 0.12
Director
$0 $73,426 $469,082
VIMALA RAMASAMY MD DIRECTOR 0.12
Director
$0 $76,558 $457,388
PETER KIM MD VICE PRESIDENT 0.12
Officer Director
$0 $65,562 $445,884
SHELLYANN SHARPE MD DIRECTOR 0.12
Director
$0 $43,638 $411,112
STEPHEN APFELROTH MD DIRECTOR 0.12
Director
$0 $69,331 $387,328
STEPHEN BLUMBERG MD PRESIDENT 0.12
Officer Director
$0 $68,890 $384,909
MICHELLE STERN MD DIRECTOR 0.12
Director
$0 $43,266 $382,767
ELANA SYDNEY MD DIRECTOR 0.12
Director
$0 $54,504 $360,552
STEPHEN FACTOR MD DIRECTOR 0.12
Director
$0 $51,726 $332,438
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 No data No data No data No data
2024 No data No data No data No data
2023 $21,611,103 $24,261,737 $11,430,770 $-2,650,634
2022 $13,561,779 $10,821,430 $14,081,404 $2,740,349
2021 $16,503,783 $8,369,040 $11,341,055 $8,134,743
2020 $3,751,140 $5,064,023 $3,206,312 $-1,312,883
2019 $4,916,134 $1,710,652 $4,519,183 $3,205,482
2018 $474,905 $1,211,791 $918,663 $-736,886
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