PHYSICIAN AFFILIATE GROUP OF NEW YORK PC

EIN: 900603487 501(c)(3) Health Care

NEW YORK, NY

Total Revenue
$1,255,570,596
Total Expenses
$1,158,379,475
Total Assets
$122,472,434
Net Assets
$122,472,434
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
NY
Phone
6467142113
Tax Period
2024-07-01 to 2025-06-30

PHYSICIAN AFFILIATE GROUP OF NEW YORK PC, founded in 2010, is a large national nonprofit in the Health Care sector that reported $1.3B in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $1.2B left a modest 8% surplus.

Mission

TO PROVIDE ACCOUNTABLE, RESPONSIVE QUALITY CARE WITH THE HIGHEST DEGREE OF SENSITIVITY TO THE NEEDS OF OUR DIVERSE, MULTILINGUAL POPULATION WHILE FULFILLING THE PROFESSIONAL AND EDUCATIONAL NEEDS OF OUR MEMBERS.

Program Service Accomplishments

Program 1
Expenses: $1,132,029,569 Revenue: $1,250,346,394

PROVIDED PROFESSIONAL MEDICAL SERVICES TO THE METROPOLITAN NEW YORK CITY AREA UNDER AFFILIATION AGREEMENTS WITH NEW YORK CITY HEALTH AND HOSPITALS CORPORATION.

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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 $79,850
Program Service Revenue $1,250,346,394
Investment Income $4,213,904
Other Revenue $930,448
TOTAL REVENUE $1,255,570,596

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,034,297,749
Fundraising Expenses $0
Program Expenses $1,132,029,569
Other Expenses $124,081,726
TOTAL EXPENSES $1,158,379,475

Year-over-Year Comparison

2024 2023 Change
Revenue $1,255,570,596 $1,104,431,871 +0.1%
Expenses $1,158,379,475 $1,085,317,986 +0.1%
Net Income $97,191,121 $19,113,885 +4.1%
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
20
Independent Members
N/A
Employees
4240
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
9
$4,660,526
Total Directors
23
$12,205,903
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EDWARD CHEW MD VICE PRESIDENT/ INTERIM CEO 42.0
Officer Director
$688,432 $86,304 $774,736
JEREMY D SPERLING MD PRESIDENT 40.0
Officer Director
$563,090 $51,768 $614,858
SHEFALI KHANNA MD SECRETARY 40.0
Officer Director
$425,295 $86,304 $511,599
WARREN SEIGEL MD TREASURER 40.0
Officer Director
$340,516 $79,885 $420,401
AMMAR NASSER EDDIN MD DIRECTOR 42.0
Director
$304,320 $71,165 $375,485
BRIAN DAVIS-JOSEPH MD DIRECTOR 56.0
Director
$568,465 $84,932 $653,397
CARA TAUBMAN MD DIRECTOR 41.0
Director
$349,618 $45,688 $395,306
ELIAS YOUSSEF DIRECTOR (AS OF 04/23/25) 40.0
Director
$414,472 $86,304 $500,776
GREGORY ALMOND MD DIRECTOR (THRU 04/02/25) 35.0
Director
$403,375 $51,465 $454,840
JASON A ZEMMEL D'AMORE MD DIRECTOR (AS OF 04/23/25) 41.0
Director
$443,907 $34,500 $478,407
JOHN MCNELIS MD DIRECTOR 40.0
Director
$710,802 $68,605 $779,407
JOSEPH MATTANA DIRECTOR (AS OF 04/23/25) 35.0
Director
$441,003 $68,689 $509,692
KENNETH HUPART DIRECTOR 40.0
Director
$456,715 $35,204 $491,919
LORI LEMBERG MD DIRECTOR (AS OF 04/23/25) 35.0
Director
$242,407 $50,378 $292,785
MELVIN STONE JR MD DIRECTOR (AS OF 04/23/25) 63.0
Director
$617,142 $86,304 $703,446
MICHAEL GIRSHIN MD DIRECTOR (AS OF 04/23/25) 37.0
Director
$553,911 $86,304 $640,215
SAMRINA KAHLON MD DIRECTOR 36.0
Director
$318,617 $76,949 $395,566
SHELLYANN SHARPE MD DIRECTOR 44.0
Director
$385,969 $46,728 $432,697
STEPHEN BLUMBERG MD DIRECTOR (THRU 12/31/24) 40.0
Director
$318,861 $76,949 $395,810
SUDHAKAR PRABHU MD DIRECTOR 62.0
Director
$558,037 $65,869 $623,906
VANI DANDOLU MD DIRECTOR (THRU 12/31/24) 70.0
Director
$651,068 $86,304 $737,372
VIHREN DIMITROV MD DIRECTOR 40.0
Director
$476,840 $68,605 $545,445
VIMALA RAMASAMY MD DIRECTOR 40.0
Director
$392,215 $85,623 $477,838
ANTHONY MIRDITA CHIEF FINANCIAL OFFICER 40.0
Officer
$421,579 $68,584 $490,163
CHRISTINE MOBILIA GENERAL COUNSEL 40.0
Officer
$324,564 $34,142 $358,706
JONATHAN CHO CHIEF OPERATING OFFICER 40.0
Officer
$532,837 $78,885 $611,722
NGOZI NWANKPA MD TREAURER (THRU 11/03/24) 44.0
Officer
$478,216 $86,304 $564,520
ROY PARK MD CHIEF HUMAN RESOURCE (THRU 08/23/24) 40.0
Officer
$279,415 $34,406 $313,821
ALAN TAFLER MD ATTENDING PHYSICIAN 73.0
Highest
$1,077,594 $51,171 $1,128,765
GEORGE M TRISTER MD ANESTHESIOLOGIST 81.0
Highest
$1,112,055 $68,605 $1,180,660
JEAN RONEL MAURICE MD ATTENDING PHYSICIAN 86.0
Highest
$1,143,978 $67,901 $1,211,879
OLGA BAUMAN-FISHKIN MD ATTENDING PHYSICIAN 79.0
Highest
$1,456,223 $84,932 $1,541,155
STEVEN YAP MD ANESTHESIOLOGIST 91.0
Highest
$1,150,949 $86,304 $1,237,253
JAMES MICHAEL HALLER FORMER CHIEF FINANCIAL OFFICER 0.0
$299,386 $0 $299,386
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 $1,255,570,596 $1,158,379,475 $122,472,434 $97,191,121
2024 No data No data No data No data
2023 $1,002,102,131 $1,025,657,427 $6,167,428 $-23,555,296
2022 $888,235,013 $897,071,915 $29,722,724 $-8,836,902
2021 $838,367,537 $843,724,277 $38,559,626 $-5,356,740
2020 $787,911,025 $790,336,164 $43,916,366 $-2,425,139
2019 $745,040,072 $723,903,383 $46,341,505 $21,136,689
2018 $712,538,130 $703,640,220 $25,204,816 $8,897,910
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