Harbor View Medical Services PC

EIN: 264517010 501(c)(3) Health Care

WESTBURY, NY

Total Revenue
$37,035,882
Total Expenses
$37,035,882
Total Assets
$10,196,841
Net Assets
$-40,871,753
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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
2009
Legal Domicile
NY
Principal Officer
MICHAEL J DOWLING
Phone
6314731320
Tax Period
2024-01-01 to 2024-12-31

Harbor View Medical Services PC, founded in 2009, is a mid-sized nonprofit in the Health Care sector that reported $37.0M in total revenue in fiscal year 2024. Revenue surged 70% from the prior year, signaling strong growth momentum.

Mission

Harbor View Medical Services, PC strives to improve the health of the communities it serves and is committed to providing the highest quality clinical care.

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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 $0
Program Service Revenue $20,734,726
Investment Income $6,101
Other Revenue $16,295,055
TOTAL REVENUE $37,035,882

Expense Breakdown

Grants Paid $0
Salaries & Benefits $30,181,567
Fundraising Expenses $0
Program Expenses $34,380,349
Other Expenses $6,854,315
TOTAL EXPENSES $37,035,882

Year-over-Year Comparison

2024 2023 Change
Revenue $37,035,882 $21,841,224 +0.7%
Expenses $37,035,882 $38,310,692 0.0%
Net Income $0 $-16,469,468 -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

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
1
Independent Members
N/A
Employees
277
Volunteers
N/A

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
$13,119,454
Total Directors
1
$1,653,770
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL DOWLING CEO 0.0
Officer
$0 $75,656 $5,943,362
MICHELE CUSACK CFO 0.0
Officer
$0 $85,322 $1,990,193
DEBORAH SCHIFF EVP 0.0
Officer
$0 $69,777 $1,854,668
LAURENCE KRAEMER Asst Sec, EVP & Gen Counsel 0.0
Officer
$0 $69,777 $1,677,461
JILL KALMAN President, Secretary & Treasur 0.0
Officer Director
$0 $69,777 $1,653,770
GIRIDHAR KORLIPARA MD Cardiologist 50.0
Highest
$690,350 $38,550 $728,900
TIEN NGUYEN MD cardiologist 50.0
Highest
$677,973 $38,550 $716,523
RAMONA RAJAPAKSE MD Gastroenterologist 50.0
Highest
$614,361 $38,550 $652,911
ROHAN PERERA MD Cardiologist 50.0
Highest
$579,792 $66,047 $645,839
JINWEN DONG MD Cardiologist 50.0
Highest
$580,818 $38,550 $619,368
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 $37,035,882 $37,035,882 $10,196,841 No data
2023 $21,841,224 $38,310,692 $7,913,803 $-16,469,468
2022 $24,963,006 $38,434,051 $8,093,833 $-13,471,045
2021 $25,469,057 $34,959,381 $10,679,864 $-9,490,324
2020 $17,302,557 $29,086,232 $7,868,166 $-11,783,675
2019 $17,740,925 $27,067,517 $7,148,055 $-9,326,592
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