2021-11-01T13:52:00-05:00 2020-12-31 221478099 COHNREZNICK LLP 1301 AVENUE OF THE AMERICAS NEW YORK NY 10019 990 2020-01-01 131624169 THE FLOATING HOSPITAL INC FLOA 7187842240 21-01 41ST AVENUE LONG ISLAND CITY NY 11101 SEAN T GRANAHAN PRESIDENT & GENERAL COUNSEL 7187842240 2021-11-15 1 SEAN GRANAHAN 999009999 LORI ROTHE YOKOBOSKY CPA P01273422 2122970400 2021-10-27 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z X SEAN T GRANAHAN 21-01 41ST AVENUE LONG ISLAND CITY NY 11101 26887400 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 14 259 12 536366 0 11525458 16175380 9927843 10705361 308 569 9458 6090 21463067 26887400 0 0 0 0 14367375 15396669 0 0 0 7113177 8282944 21480552 23679613 -17485 3207787 9632056 11819449 6125899 5105505 3506157 6713944 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 8748186 5087543 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. 8748185 5087542 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. 3909835 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. 21406206 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 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 13 0 1 259 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 S STILES NYERERE 7187842240 21-01 41ST AVENUE LONG ISLAND CITY NY 11101 ALLISON SOKARIS TRUSTEE 1.00 X 0 0 0 ANTHONY BROWNIE TRUSTEE 1.00 X 0 0 0 BARBARA LIINDER 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 VICE CHAIR & SECRETARY 1.00 X 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 EXECUTIVE VP & CFO 8.75 2.00 X 78392 0 14802 SEAN T GRANAHAN PRESIDENT/GENERAL COUNSEL 35.00 5.00 X 209837 0 36868 SHANI ANDRE MD VP & CHIEF MEDICAL OFFICER 35.00 X 259954 0 12170 ALEXANDRA ISAKOVA PHYSICIAN 35.00 X 166844 0 21552 JANICE CRISTOBAL PHYSICIAN 35.00 X 167429 0 8357 KAREN MYRIE MEDICAL DIRECTOR 35.00 X 198398 0 13124 SHANI POTTER PHYSICIAN 35.00 X 157529 0 30421 MARK SETHNA PHYSICIAN 35.00 X 193370 0 17245 1431753 0 154539 32 0 1 0 THE EXECUTIVE SEARCH GROUP LLC 675 THIRD AVENUE NEW YORK NY 10017 STAFFING AGENCY 487760 COHNREZNICK LLP 1301 AVE OF THE AMERICAS NEW YORK NY 10019 AUDIT AND FINANCIAL CONSULTING SERVICES 174366 SARAJANE BRITTIS 50 E HARTDATE AVE 3M HARSTDALE NY 10530 CONSULTING SERVICES 108754 SSN FISCAL SERVICES 6 VOIE DU PUITS SAINT-FUSCIEN SOMME FR 80680 ACCOUNTING AND FINANCIAL SERVICES 102905 4 989656 14280500 905224 1035040 16175380 MEDICAID 621400 7969612 7969612 PHARMACY REVENUE 621400 1076950 540584 536366 NYS UNCOMPENSATED CARE 621400 673907 673907 OTHER THIRD PARTY 621400 467626 467626 MEDICARE 621400 449124 449124 68142 68142 10705361 569 569 MISCELLANEOUS 900099 3170 3170 MEDICAL RECORDS 900099 2920 2920 6090 26887400 10175085 536366 569 612023 550263 61760 11383990 10243229 1140761 284587 254150 30437 1985402 1773054 212348 1130667 1009738 120929 19339 10655 8684 167467 37667 129800 38500 38500 1475230 1279574 195656 45463 35876 9587 227917 181772 46145 237797 212449 25348 750692 676548 74144 10941 5179 5762 9261 8219 1042 42796 37996 4800 327137 294423 32714 550508 525828 24680 CONSUMABLE SUPPLIES 3186664 3167375 19289 REPAIRS AND MAINTENANCE 606832 538829 68003 SECURITY SERVICE 148406 148406 PATIENT TRANSPORTATION 90203 90203 347791 286273 61518 23679613 21406206 2273407 0 23829 340921 6785 14642 910591 1711950 1493641 1708202 4971400 4971400 174577 255525 15564 190920 5512544 4694399 1033045 818145 16856 16856 985768 1790888 9632056 11819449 1425899 1950009 699952 4700000 2455544 6125899 5105505 X 3478557 6620504 27600 93440 3506157 6713944 9632056 11819449 3207787 0 X X 0 1 X 1 1 1 X 11417555 10881533 12582047 11525458 16175380 62581973 11417555 10881533 12582047 11525458 16175380 62581973 62581973 1 1 6 308 569 885 162599 536366 698965 256990 156573 83910 12094 194557 704124 63985947 47757236 0.97810 0.98370 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: INCENTIVE INCOME - 2017 AMOUNT: $ 17,500. 2020 AMOUNT: $ 188,467. MISCELLANEOUS - 2016 AMOUNT: $ 2,613. 2017 AMOUNT: $ 14,293. 2018 AMOUNT: $ 18,934. 2019 AMOUNT: $ 9,458. 2020 AMOUNT: $ 3,170. MEDICAL RECORDS - 2016 AMOUNT: $ 5,312. 2017 AMOUNT: $ 5,280. 2018 AMOUNT: $ 5,476. 2019 AMOUNT: $ 2,636. 2020 AMOUNT: $ 2,920. FUNDRAISING - 2016 AMOUNT: $ 62,065. COPYING FEES - MEANINGFUL USE - 2016 AMOUNT: $ 187,000. 2017 AMOUNT: $ 119,500. 2018 AMOUNT: $ 59,500. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 38500 0 0 38500 0 PART II-B, LINE 1: THE FLOATING HOSPITAL PAID $38,500 TO SABINI, CROWLEY & ASSOCIATES, LLC AND FONTAS ADVISORS NY LLC FOR STATE AND LOCAL LOBBYING ACTIVITIES. 1885774 1528193 357581 2864319 2767459 96860 762451 398747 363704 818145 SECURITY DEPOSITS 158722 DUE FROM AFFILIATES 1632166 1790888 X 28610686 1723286 1723286 26887400 0 26887400 25659051 1979438 1979438 23679613 0 23679613 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, 2020. THE CENTER AND THE FOUNDATION'S FEDERAL AND STATE INCOME TAX RETURNS PRIOR TO FISCAL YEAR 2017 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 1,723,286. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ORGAINIZATION'S EXPENSES 1,979,438. X X X 0 0 0 0 0 0 0 1 0 SHANI ANDRE MD VP & CHIEF MEDICAL OFFICER 247319 0 3000 0 9635 0 10402 0 1768 0 272124 0 0 0 SEAN T GRANAHAN PRESIDENT/GENERAL COUNSEL 191608 0 3000 0 15229 0 8528 0 28340 0 246705 0 0 0 KAREN MYRIE MEDICAL DIRECTOR 196898 0 1500 0 0 0 3344 0 9780 0 211522 0 0 0 MARK SETHNA PHYSICIAN 174220 0 19150 0 0 0 7665 0 9580 0 210615 0 0 0 ALEXANDRA ISAKOVA PHYSICIAN 147194 0 19650 0 0 0 6782 0 14770 0 188396 0 0 0 SHANI POTTER PHYSICIAN 153290 0 1200 0 3039 0 6425 0 23996 0 187950 0 0 0 JANICE CRISTOBAL PHYSICIAN 149479 0 17950 0 0 0 5073 0 3284 0 175786 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 2020 W-2S AND APPROVED BY THE BOARD. X 3 1035040 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 374272 0 0 0.05000 0 1 1 1 0 0 0 0 1 0 0 0 1 1 0 1 1 1 1