2022-11-09T10:16:16-06:00 2021-12-31 221478099 COHNREZNICK LLP 1301 AVENUE OF THE AMERICAS NEW YORK NY 10019 990 2021-01-01 131624169 THE FLOATING HOSPITAL INC FLOA 7187842240 21-01 41ST AVENUE LONG ISLAND CITY NY 11101 SEAN T GRANAHAN PRESIDENT & GENERAL COUNSEL 7187842240 2022-10-24 1 SEAN GRANAHAN 999009999 LORI ROTHE YOKOBOSKY CPA P01273422 2122970400 2022-11-08 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z SEAN T GRANAHAN 21-01 41ST AVENUE LONG ISLAND CITY NY 11101 29748837 0 X WWW.THEFLOATINGHOSPITAL.ORG X 1866 NY THE HOSPITAL IS A FREE STANDING DIAGNOSTIC AND TREATMENT CENTER, LICENSED UNDER ARTICLE 28 AND ARTICLE 31 OF THE NYS HEALTH LAW, LOCATED IN LONG ISLAND CITY, NY. THE HOSPITAL PROVIDES A BROAD RANGE OF PRIMARY HEALTH CARE SERVICES TO A LARGELY MEDICALLY UNDERSERVED POPULATION. THF IS ALSO A FEDERALLY QUALIFIED HEALTH CENTER WITH ALL THREE URBAN DESIGNATIONS UNDER SECTION 330. 14 14 303 0 570541 0 16175380 18672429 10705361 11071516 569 -457759 6090 1641 26887400 29287827 0 0 0 0 15396669 18198035 0 0 0 8282944 9588153 23679613 27786188 3207787 1501639 11819449 12792635 5105505 4577052 6713944 8215583 X THE HOSPITAL IS A FREE STANDING DIAGNOSTIC AND TREATMENT CENTER LICENSED UNDER ARTICLE 28 AND ARTICLE 31 OF THE NYS HEALTH LAW LOCATED IN LONG ISLAND CITY, NY. THE HOSPITAL PROVIDES A BROAD RANGE OF PRIMARY HEALTH CARE SERVICES TO A LARGELY MEDICALLY UNDERSERVED POPULATION. TFH IS ALSO A FEDERALLY QUALIFIED HEALTH CENTER WITH ALL THREE URBAN DESIGNATIONS UNDER SECTION 330. 0 0 9486458 5251308 HOMELESS PROGRAM - TFH IS A FEDERALLY QUALIFIED HEALTH CENTER, AND HAS HISTORICALLY SERVED NYC'S MOST UNDERSERVED POPULATIONS. THAT POPULATION TODAY IS HOMELESS FAMILIES, WHICH, AS A CATEGORY OF HOMELESSNESS, FAR EXCEEDS HOMELESS SINGLE MEN OR WOMEN. TFH PROVIDES EXTENSIVE HEALTH CARE SERVICES TO THESE INDIVIDUALS REGARDLESS OF ABILITY TO PAY. IN ADDITION, IT PROVIDES NON-MEDICAID REIMBURSED SERVICES SUCH AS HEALTH EDUCATION AT NO COST TO ANY PATIENT. 9486458 5251308 COMMUNITY AND PUBLIC HOUSING PROGRAM - TFH ALSO FUNCTIONS AS A FEDERALLY QUALIFIED HEALTH CENTER TO THE NORTHWEST QUEENS COMMUNITY AND PROVIDES PRIMARY HEALTH CARE SERVICES TO THE UNDERSERVED OF THAT COMMUNITY AS WELL AS THE QUEENSBRIDGE AND RAVENSWOOD HOUSES, THE LARGEST PUBLIC HOUSING PROJECTS IN THE UNITED STATES. IT FOLLOWS THE SAME FORMULA AS ITS HOMELESS FAMILIES PROGRAM, PROVIDING PRIMARY HEALTHCARE SERVICES REGARDLESS OF ABILITY TO PAY. 5757904 ACS MEDICAL AND DENTAL PROGRAM - TFH IS THE MEDICAL PROVIDER TO THE NYC ADMINISTRATION FOR CHILDREN'S SERVICES, WHICH HANDLES ALL ASPECTS OF YOUTH UNASSOCIATED WITH A SPECIFIC HOME LIFE AT A PARTICULAR TIME, I.E., FOSTER CHILDREN (BOTH TEMPORARY AND PERMANENT), DETAINED YOUTH, ETC. TFH PROVIDES HEALTH CARE AND HEALTH EDUCATION TO THIS MEDICALLY FRAGILE AND INNER-CITY AT-RISK POPULATION AT SITES IN THE BRONX AND BROOKLYN. 24730820 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 11 0 1 303 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 NY X GLORIA CARNEY JACKSON 7187842240 950 THIRD AVENUE 20TH FL NEW YORK NY 10022 ALLISON SOKARIS TRUSTEE 1.00 X 0 0 0 ANTHONY BROWNIE SECRETARY 1.00 X X 0 0 0 BARBARA LINDER TRUSTEE 1.00 X 0 0 0 CAROL JACKSON TRUSTEE 1.00 X 0 0 0 DAVID KOCHANOWSKY TRUSTEE 1.00 X 0 0 0 DOMINICK DELORENZO CHAIR 1.00 1.00 X X 0 0 0 EVELYN LORD TRUSTEE 1.00 X 0 0 0 HAYWARD GILL TRUSTEE 1.00 X 0 0 0 KHADIJAH WATKINS TRUSTEE 1.00 X 0 0 0 MADELINE NAEGLE TRUSTEE 1.00 X 0 0 0 MAUDE ASKIN BOARD OF DIRECTOR(RETIRED) EMERITUS 1.00 X 0 0 0 MICHAEL GEORGE TRUSTEE 1.00 X 0 0 0 PRISCILLA BAYLEY TRUSTEE 1.00 X 0 0 0 REGINA JASLOW VICE CHAIR & TREASURER 1.00 1.00 X X 0 0 0 S STILES NYERERE OUTGOING EXECUTIVE VP & CFO 8.75 X 103169 0 16851 SEAN T GRANAHAN PRESIDENT/GENERAL COUNSEL 35.00 5.00 X 191859 0 39322 SHANI ANDRE MD VP/CMO 35.00 X 309830 0 25878 DIANE RHODEN PHYSICIAN 35.00 X 178383 0 9782 JANICE CRISTOBAL PHYSICIAN 35.00 X 186437 0 10659 KAREN MYRIE MEDICAL DIRECTOR 35.00 X 191013 0 18385 KATIE O'GRADY PHYSICIAN 35.00 X 174247 0 27836 MARK SETHNA PHYSICIAN 35.00 X 192270 0 18235 1527208 0 166948 41 0 1 0 THE EXECUTIVE SEARCH GROUP LLC 675 THIRD AVENUE NEW YORK NY 10017 STAFFING AGENCY 272942 COHNREZNICK LLP 1301 AVE OF THE AMERICAS NEW YORK NY 10019 AUDIT AND FINANCIAL CONSULTING SERVICES 228333 ALLIED DEVELOPERS LLC PO BOX 93 WALDWICK NJ 07463 CONTRACTERS 164000 SARAJANE BRITTIS 50 E HARTDATE AVE 3M HARSTDALE NY 10530 CONSULTING SERVICES 124496 4 1918775 15864031 889623 1065007 18672429 MEDICAID 621400 8078656 8078656 PHARMACY REVENUE 621400 1202216 631675 570541 NYS UNCOMPENSATED CARE 621400 831208 831208 OTHER THIRD PARTY 621400 523222 523222 SELF PAY 621400 275599 275599 160615 160615 11071516 61 61 3190 461010 -457820 -457820 -457820 MEDICAL RECORDS 900099 1641 1641 1641 29287827 10502616 570541 -457759 686909 605401 81508 13343908 11814621 1529287 350939 298813 52126 2305670 1963198 342472 1510609 1286232 224377 14555 5497 9058 163767 33370 130397 41300 41300 1711215 1478348 232867 250952 235924 15028 230554 194769 35785 1242449 1139732 102717 52910 21947 30963 10361 4298 6063 63953 63953 310116 310116 779678 727705 51973 CONSUMABLE SUPPLIES 3040553 3028491 12062 REPAIRS AND MAINTENANCE 511112 463061 48051 DATA PROCESSING 398199 353268 44931 SECURITY SERVICE 151398 151398 615081 509378 105703 27786188 24730820 3055368 0 340921 297455 14642 25943 1711950 720770 1708202 1588541 4971400 4971400 255525 324966 190920 26108 5387507 3931464 818145 1456043 16856 16856 1790888 3364553 11819449 12792635 1950009 2575787 699952 100193 2455544 1399772 0 501300 5105505 4577052 X 6620504 8187415 93440 28168 6713944 8215583 11819449 12792635 1501639 0 X X 0 1 X 1 1 1 X 10881533 12582047 11525458 16175380 18672429 69836847 10881533 12582047 11525458 16175380 18672429 69836847 69836847 1 6 308 569 61 945 162599 536366 570541 1269506 156573 83910 12094 194557 1641 448775 71556073 48663998 0.97600 0.97810 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: INCENTIVE INCOME - 2017 AMOUNT: $ 17,500. 2020 AMOUNT: $ 188,467. MISCELLANEOUS - 2017 AMOUNT: $ 14,293. 2018 AMOUNT: $ 18,934. 2019 AMOUNT: $ 9,458. 2020 AMOUNT: $ 3,170. MEDICAL RECORDS - 2017 AMOUNT: $ 5,280. 2018 AMOUNT: $ 5,476. 2019 AMOUNT: $ 2,636. 2020 AMOUNT: $ 2,920. 2021 AMOUNT: $ 1,641. MEANINGFUL USE - 2017 AMOUNT: $ 119,500. 2018 AMOUNT: $ 59,500. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 41250 0 0 41250 0 PART II-B, LINE 1: THE FLOATING HOSPITAL PAID $41,250 TO FONTAS ADVISORS NY LLC FOR STATE AND LOCAL LOBBYING ACTIVITIES. 873766 873766 0 4104126 2745980 1358146 409615 311718 97897 1456043 SECURITY DEPOSITS 69168 DUE FROM AFFILIATES 3054620 DUE FROM THIRD PARTY PAYOR 240765 3364553 DEFERRED RENT 501300 501300 X 32703192 2954355 2954355 29748837 -461010 -461010 29287827 31466907 3680719 3680719 27786188 0 27786188 PART X, LINE 2: THE CENTER AND THE FOUNDATION WERE INCORPORATED AS NOT-FOR-PROFIT CORPORATIONS UNDER THE LAWS OF THE STATE OF NEW YORK AND ARE EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THEREFORE, THERE IS NO PROVISION FOR INCOME TAXES. THE CENTER AND THE FOUNDATION HAVE NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2021. THE CENTER AND THE FOUNDATION'S FEDERAL AND STATE INCOME TAX RETURNS PRIOR TO FISCAL YEAR 2018 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED ORGANIZATION'S REVENUE 4,159,920. INTERCOMPANY ELIMINATIONS -1,205,565. PART XI, LINE 4B - OTHER ADJUSTMENTS: DISPOSAL OF FIXED ASSET -461,010. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ORGAINIZATION'S EXPENSES 4,425,274. INTERCOMPANY ELIMINATIONS -1,205,565. DISPOSAL OF FIXED ASSET 461,010. X X X 0 0 0 0 0 0 0 1 0 SHANI ANDRE MD VP/CMO 309330 0 500 0 0 0 12422 0 13456 0 335708 0 0 0 SEAN T GRANAHAN PRESIDENT/GENERAL COUNSEL 191359 0 500 0 0 0 7970 0 31352 0 231181 0 0 0 MARK SETHNA PHYSICIAN 174120 0 18150 0 0 0 7722 0 10513 0 210505 0 0 0 KAREN MYRIE MEDICAL DIRECTOR 190257 0 0 0 756 0 7672 0 10713 0 209398 0 0 0 KATIE O'GRADY PHYSICIAN 128097 0 11200 0 34950 0 7025 0 20811 0 202083 0 0 0 JANICE CRISTOBAL PHYSICIAN 148987 0 16950 0 20500 0 7519 0 3140 0 197096 0 0 0 DIANE RHODEN PHYSICIAN 144483 0 30750 0 3150 0 7135 0 2647 0 188165 0 0 0 PART I, LINE 7 INCLUDED ON SCHEDULE J, PART II, COLUMN B(II) ARE AMOUNTS REPRESENTS PERFORMANCE INCENTIVES. THESE AMOUNTS WERE INCLUDED IN THE INDIVIDUALS W-2S AND APPROVED BY THE BOARD. X 3 1065007 CONFIRMATION AND INVOICE 0 0 0 PART I, COLUMN (B): COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAS NO SUBCOMMITTEES OF THE GOVERNING BOARD. FORM 990, PART VI, SECTION B, LINE 11B TAX RETURN IS PREPARED BY AN INDEPENDENT ACCOUNTANT AND REVIEWED BY MANAGEMENT, A DRAFT OF THE FORM 990 IS REVIEWED WITH THE BOARD BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE ORGANIZATION REVIEWS THE POLICIES IN A BOARD MEETING AND REQUESTS THAT ALL MEMBERS OF THE BOARD OF TRUSTEES AND OFFICERS RE-SIGN THE CONFLICT OF INTEREST POLICY STATEMENT. BOARD MEMBERS ARE PROHIBITED FROM RECRUITING BOARD MEMBERS WHO ARE TFH VENDORS, SO MONITORING BEGINS WITH THE BOARD ITSELF. BOARD ORIENTATION PACKETS CONTINUE THE PROCESS. VENDORS OVER $100,000 REQUIRE BOARD NOTIFICATION WHICH IS PRIMARILY SUPPLIED BY THE FORM 990. THE ANNUAL AUDIT SERVES AS AN INDEPENDENT FINAL CHECK OF POSSIBLE CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15A TFH FOLLOWS THE NATIONAL ASSOCIATION OF COMMUNITY HEALTH CENTER GUIDELINES ON OFFICERS AND KEY EMPLOYEE'S SALARIES. IN ADDITION OTHER AGENCIES FORM 990S ARE SOMETIMES REVIEWED. THE BOARD MEETS IN A CLOSED SESSION TO ADDRESS THE ISSUE OF CEO COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS DID NOT CHANGE FROM THE PRIOR YEAR. FORM 990, PART IV, QUESTION 20A: THE ORGANIZATION IS LICENSED UNDER ARTICLE 28 OF NEW YORK STATE PUBLIC HEALTH LAW. HOWEVER, SUBSECTION 10 OF ARTICLE 28 EXCLUDES CERTAIN HEALTHCARE FACILITIES FROM THE DEFINITION OF GENERAL HOSPITAL. THEREFORE, THE ORGANIZATION IS NOT INCLUDING SCHEDULE H IN THE CURRENT YEAR FORM 990 AS THE ORGANIZATION DOES NOT MEET THIS DEFINITION. THE FLOATING HOSPITAL FOUNDATION INC 950 THIRD AVENUE NEW YORK NY 10022 300102842 RAISES FUNDS AND SUPPORTS THE FLOATING HOSPITAL, INC. NY 501(C)(3) LINE 12A, I THE FLOATING HOSPITAL INC 1 TFH SERVICES LLC 21-01 41ST AVENUE LONG ISLAND CITY NY 11101 823212495 FINANCING NY RELATED -7215 360300 0 0 0.05000 0 1 1 1 0 0 0 0 1 0 0 0 1 1 0 1 1 1 1 THE FLOATING HOSPITAL FOUNDATION INC C 1918775 FMV