BRONXCARE HEALTH SYSTEMS Charity Report

Public IRS 990 nonprofit record

BRONXCARE HEALTH SYSTEMS

EIN 13-1974191 · Health Care (E220)

What they do

to DELIVER THE HIGHEST QUALITY of HEALTHCARE SERVICES to THE BRONX COMMUNITY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $85.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders24 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

82.74%of revenue went to mission work85.6% of expenses · Program services

0.00%of revenue went to fundraising0.0% of expenses

$96.64spent for every $100 of revenueRevenue covered expenses this year.

13.90%of revenue went to management and office costs14.4% of expenses

$1.01in assets for every $1 spent this yearSome assets cannot be spent right away.

1.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $2,392,653 for MR MIGUEL A FUENTES JR (PRESIDENT AND CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,054,193,847

Mission workProgram services$872,260,54282.74% of revenue85.6% of expenses

ManagementOffice and general costs$146,534,00613.90% of revenue14.4% of expenses

FundraisingAsking for donations$18,4750.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$35,380,8243.36% of revenueShown in gray on the chart

Total expenses$1,018,813,02396.64% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 85.6% mission · 14.4% management · 0.0% fundraisingTotal expenses: 96.64% of revenue

2023Expense mix: 84.8% mission · 15.2% management · 0.0% fundraisingTotal expenses: 97.67% of revenue

2022Expense mix: 84.9% mission · 15.1% management · 0.0% fundraisingTotal expenses: 92.24% of revenue

2021Expense mix: 85.6% mission · 14.4% management · 0.0% fundraisingTotal expenses: 94.18% of revenue

2020Expense mix: 86.2% mission · 13.8% management · 0.0% fundraisingTotal expenses: 97.68% of revenue

2019Expense mix: 87.1% mission · 12.9% management · 0.0% fundraisingTotal expenses: 99.44% of revenue

2018Expense mix: 87.0% mission · 13.0% management · 0.0% fundraisingTotal expenses: 98.37% of revenue

2017Expense mix: 86.4% mission · 13.6% management · 0.0% fundraisingTotal expenses: 98.39% of revenue

Money in and money out

Revenue$1,054,193,847

Expenses$1,018,813,023

Annual surplus $35,380,824 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$872,260,542 · 85.6% of expenses

Management and office costs$146,534,006 · 14.4% of expenses

Fundraising$18,475 · 0.0% of expenses

See all reported dollar amounts

Revenue$1,054,193,847

Expenses$1,018,813,023

Assets$1,029,428,560

Income$1,054,193,847

Contributions$16,548,104

Mission work (program services)$872,260,542

Fundraising$18,475

Grants given$1,560,498

Average grant$520,166

Management and general$146,534,006

Executive compensation (total)$5,075,218

Accounting fees$208,645

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MR MIGUEL A FUENTES JRPRESIDENT AND CEO · 40 hrs/week $2,392,653Base $2,320,314 · Other $72,339

DR MAGDY MIKHAILCHAIRMAN-OB/GYN & CMO · 40 hrs/week $1,461,257Base $1,390,930 · Other $70,327

MR VICTOR G DEMARCOSENIOR VICE PRESIDENT/CFO · 40 hrs/week $1,151,854Base $1,078,573 · Other $73,281

DR RAMESH BABUASSOCIATE DIR, NEUROSURGERY · 40 hrs/week $1,113,103Base $1,040,467 · Other $72,636

DR ALAADDIN SHARHAPHYSICIAN-PSYCHIATRY · 40 hrs/week $995,060Base $928,691 · Other $66,369

DR ROBERT FAVELUKESCHAIRMAN-EMERGENCY DEPARTMENT · 40 hrs/week $985,588Base $902,695 · Other $82,893

DR IRA KIRSCHENBAUMCHAIRMAN-ORTHOPEDICS · 40 hrs/week $971,864Base $901,508 · Other $70,356

MR HIRAM TORRESVICE PRESIDENT-OPERATIONS · 40 hrs/week $657,759Base $577,476 · Other $80,283

MR ROBERT SANCHOVP - EXTERNAL AFFAIRS · 40 hrs/week $620,530Base $549,266 · Other $71,264

MS ERICA DUSSELDORPVICE PRESIDENT - NURSING · 40 hrs/week $538,868Base $477,176 · Other $61,692

MR JON HUGHESVP - REVENUE CYCLE MGMT · 40 hrs/week $420,008Base $352,814 · Other $67,194

MS PATRICIA CAHILLVICE PRESIDENT-NURSING · 40 hrs/week $360,017Base $324,268 · Other $35,749

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (24)

MR MIGUEL A FUENTES JRPRESIDENT AND CEO

DR MAGDY MIKHAILCHAIRMAN-OB/GYN & CMO

MR VICTOR G DEMARCOSENIOR VICE PRESIDENT/CFO

DR RAMESH BABUASSOCIATE DIR, NEUROSURGERY

DR ALAADDIN SHARHAPHYSICIAN-PSYCHIATRY

DR ROBERT FAVELUKESCHAIRMAN-EMERGENCY DEPARTMENT

DR IRA KIRSCHENBAUMCHAIRMAN-ORTHOPEDICS

MR HIRAM TORRESVICE PRESIDENT-OPERATIONS

MR ROBERT SANCHOVP - EXTERNAL AFFAIRS

MS ERICA DUSSELDORPVICE PRESIDENT - NURSING

MR JON HUGHESVP - REVENUE CYCLE MGMT

MS PATRICIA CAHILLVICE PRESIDENT-NURSING

MS MILAGROS BAEZ OTOOLEASSISTANT SECRETARY

MS RITA DIMARTINOASSISTANT SECRETARY

MS LILLIAN HERANDEZBOARD MEMBER

MS HAYDEE MORALESBOARD MEMBER

MS SOBEIDA CRUZBOARD MEMBER

MS CRISTINA TOOSIEVICE CHAIRPERSON/SECRETARY

MS BARBARA A LOWE RN MPHBOARD MEMBER

MR WILLIAM AGUADOBOARD MEMBER

MR STEVEN LANDGRABERBOARD MEMBER

MR RICARDO FERNANDEZ PHDBOARD MEMBER

MR JOHN R COLONASSISTANT SECRETARY

MR FREDRICK GILBERTCHAIRMAN

About this charity

Recognized since: January 1941
Location: 1276 FULTON AVE, BRONX, NY 10456-3467
County: Bronx
In care of: % VICTOR DEMARCO
Primary officer: Victor Demarco, SVP & CFO

How to reach them

WebsiteVisit the charity’s website Emailecsvp@erols.com Phone(718) 901-8600

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: FORVIS MAZARS LLP
NTEE classification: Health Care (E220)
IRS tax category: General Medical and Surgical Hospitals
Grant-giving organization: Yes