MEDISYS HEALTH NETWORK FOUNDATION INC

EIN: 884044939 501(c)(3) Health Care

JAMAICA, NY

Total Revenue
N/A
Total Expenses
N/A
Total Assets
$1,881,685
Net Assets
$1,881,685
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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
2022
Legal Domicile
NY
Principal Officer
BRUCE FLANZ
Phone
7182066209
Tax Period
2023-01-01 to 2023-12-31

Mission

TO RAISE FUNDS FOR, PROVIDE GIFTS, GRANTS, CONTRIBUTIONS AND OTHER DIRECT AND INDIRECT FINANCIAL ASSISTANCE TO, AND OTHERWISE SUPPORT, BENEFIT AND PROMOTE THE INTERESTS OF JAMAICA HOSPITAL MEDICAL CENTER, JAMAICA HOSPITAL NURSING HOME, AND FLUSHING HOSPITAL MEDICAL CENTER.

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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 $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2023 2022 Change
Revenue N/A N/A N/A
Expenses N/A N/A N/A
Net Income N/A $0 N/A
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
4
Independent Members
2
Employees
N/A
Volunteers
2

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
4
$4,935,259
Total Directors
4
$4,935,259
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRUCE FLANZ SECRETARY/TREASURER 1.00
Officer Director
$0 $62,218 $3,039,589
JOSEPH FERRARA CHAIR 1.00
Officer Director
$0 $0 $0
MOUNIR F DOSS EXECUTIVE VP & CFO 1.00
Officer Director
$0 $62,218 $1,895,670
NEIL PHILLIPS PRESIDENT 1.00
Officer 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 No data No data $1,881,685 No data
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