Brooklyn-Queens Health Care Inc F/K/A WHMC Properties Inc

EIN: 311650965 501(c)(3) Health Care

Brooklyn, NY

Total Revenue
$589,291
Total Expenses
$1,062,740
Total Assets
N/A
Net Assets
$-3,308,530
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
NY
Principal Officer
VALI GACHE
Phone
7189636702
Tax Period
2023-01-01 to 2023-12-31

Brooklyn-Queens Health Care Inc F/K/A WHMC Properties Inc, founded in 1999, is a small nonprofit in the Health Care sector that reported $589K in total revenue in fiscal year 2023. Revenue surged 40% from the prior year, signaling strong growth momentum. Expenses of $1.1M exceeded revenue, resulting in a 80% operating deficit.

Mission

TO SUPPORT THE CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES OF WYCKOFF HEIGHTS MEDICAL CENTER AND ITS AFFILIATES.

Program Service Accomplishments

Program 1
Expenses: $1,062,740 Revenue: $589,291

TO SUPPORT THE CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSES OF WYCKOFF HEIGHTS MEDICAL CENTER AND ITS AFFILIATES.

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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 $0
Program Service Revenue $589,291
Investment Income $0
Other Revenue $0
TOTAL REVENUE $589,291

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,062,740
Other Expenses $1,062,740
TOTAL EXPENSES $1,062,740

Year-over-Year Comparison

2023 2022 Change
Revenue $589,291 $420,050 +0.4%
Expenses $1,062,740 $1,204,352 -0.1%
Net Income $-473,449 $-784,302 -0.4%
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
9
Independent Members
7
Employees
N/A
Volunteers
9

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
3
$1,606,937
Total Directors
10
$1,083,850
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RAMON RODRIGUEZ ESQ PRESIDENT & CEO 1.0
Officer Director
$0 $23,670 $1,083,850
VASILICA GACHE CFO 1.0
Officer
$0 $16,596 $523,087
GARY GOFFNER CHAIRMAN 1.0
Director
$0 $0 $0
VINCENT ARCURI VICE CO-CHAIRMAN 1.0
Director
$0 $0 $0
HERMAN HOCHBERG VICE CO-CHAIRMAN (thru 10/23) 1.0
Director
$0 $0 $0
FRED T HALLER III ESQ SECRETARY 1.0
Officer Director
$0 $0 $0
ANDREW BOISSELLE TRUSTEE 1.0
Director
$0 $0 $0
CRAIG MONTALBANO TRUSTEE 1.0
Director
$0 $0 $0
AGNIESZKA POSLEDNICK TRUSTEE 1.0
Director
$0 $0 $0
MOUNZER TCHELEBI MD TRUSTEE 1.0
Director
$0 $0 $0
ALBERT WILTSHIRE TRUSTEE 1.0
Director
$0 $0 $0
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 $589,291 $1,062,740 No data $-473,449
2022 $420,050 $1,204,352 No data $-784,302
2021 $406,533 $945,389 No data $-538,856
2020 $298,809 $895,500 No data $-596,691
2019 $391,666 $718,060 No data $-326,394
2018 $385,439 $580,549 No data $-195,110
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