2025-12-11T17:33:34-06:00 2025-01-31 830696713 GARCIA ESPINOSA MIYARES RODRIGUEZ TRUEBA 2600 S DOUGLAS ROAD SUITE 800 CORAL GABLES FL 33134 990 2024-02-01 591417397 BORINQUEN HEALTH CARE CENTER INC BORI 3055766611 3601 FEDERAL HWY MIAMI FL 33137 PAUL CARL VELEZ CEO 3055766611 2025-12-11 1 0 LEONARDO MIYARES CPA P00236605 3055295440 2024 2025-03-06 01:10:19Z PAUL CARL VELEZ 3601 FEDERAL HIGHWAY MIAMI FL 33137 69095710 0 X WWW.BORINQUENHEALTH.ORG X 1972 FL BORINQUEN MEDICAL CENTERS PROVIDE A COMPREHENSIVE RANGE OF HEALTH AND SOCIAL SERVICES TO OUR CULTURALLY DIVERSE COMMUNITY IN MIAMI-DADE COUNTY. OUR QUALITY SERVICES ARE ACCESSIBLE TO ALL PEOPLE THROUGHOUT THE AREA THROUGH A MULTI-DISCIPLINE APPROACH. 11 11 443 12 0 0 30610676 23068211 36351311 45121436 224946 318563 418603 587500 67605536 69095710 56350 41645 0 0 31854176 34999651 0 0 0 27655826 33354082 59566352 68395378 8039184 700332 39798606 40742754 12554684 12798500 27243922 27944254 X BORINQUEN MEDICAL CENTERS PROVIDE A COMPREHENSIVE RANGE OF HEALTHAND SOCIAL SERVICES TO OUR CULTURALLY DIVERSE COMMUNITY INMIAMI-DADE COUNTY. OUR QUALITY SERVICES ARE ACCESSIBLE TO ALLPEOPLE THROUGHOUT THE AREA THROUGH A MULTI-DISCIPLINE APPROACH. 0 0 59182850 41645 45121436 BORINQUEN HEALTH CARE CENTER OPERATES MEDICAL CENTERS IN MIAMI-DADECOUNTY SERVING PATIENTS AND UNDERSERVED POPULATIONS. THE OPERATIONSCONDUCTED INCLUDE PRIMARY CARE, PEDIATRIC CARE, DENTAL CARE, OBSTETRICSAND GYNECOLOGY CARE, AND BEHAVIORAL AND SPECIALTY HEALTH CARE. 59182850 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 6 0 1 443 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X PAUL CARL VELEZ 3055766611 3601 FEDERAL HIGHWAY MIAMI FL 33137 CYNTHIA WOLPER BOARD MEMBER 3.00 X 0 0 0 EVA PEREZ CHAIRPERSON OF THE BOARD 3.00 X 0 0 0 HECTOR COLLAZO BOARD MEMBER 3.00 X 0 0 0 IVAN NASER BOARD MEMBER 3.00 X 0 0 0 IVETTE VELEZ VICE CHAIRPERSON 3.00 X 0 0 0 JOCELYN MICHEL BOARD MEMBER 3.00 X 0 0 0 LUIS DE ROSA BOARD MEMBER 3.00 X 0 0 0 MARGARET LAFOREST RN SECRETARY 3.00 X 0 0 0 MARIE ASTRIDE BOBO BOARD MEMBER 3.00 X 0 0 0 NESTOR CHARDON BOARD MEMBER 3.00 X 0 0 0 VICTOR ALBA BOARD MEMBER 3.00 X 0 0 0 DIEGO SHMUELS CHIEF QUALITY OFFICER 40.00 X 313812 0 33776 SINDIA ROSENAY CHIEF FINANCIAL OFFICER 40.00 X 318714 0 9200 DEBORAH GRACIA CHIEF MEDICAL OFFICER 40.00 X 471472 0 46199 PAUL CARL VELEZ CHIEF EXECUTIVE OFFICER 40.00 X 680746 0 45906 ALBERTO MESTRE MEDICAL DIRECTOR OF SPECIALTY CARE 40.00 X 226701 0 29657 HARRY ARCHER PHYSICIAN 40.00 X 245820 0 12075 FRANCISCO RICART PSYCHIATRIST 40.00 X 280292 0 18787 MICHAEL ROSE DIRECTOR OF PHARMACY 40.00 X 287232 0 40822 MICHELLE SOHEIL DENTAL DIRECTOR 40.00 X 306600 0 20183 3131389 0 256605 60 0 1 0 QUEST DIAGNOSTICS PO BOX 530440 ATLANTA GA 30353 LABORATORY SERVICES 684772 VISTA SECURITY SERVICE INTERNATIONAL 2408 NW 87TH PLACE DORAL FL 33172 SECURITY SERVICES 406772 ATHENA HEALTH PO BOX 415615 BOSTON MA 02241 EHR SERVICES 365491 SOUTH FLORIDA OBGYN 7300 SW 62ND PLACE 3RD FLOOR MIAMI FL 33143 MEDICAL SERVICES 192400 CINTAS 1111 NW 209TH AVE PEMBROKE PINES FL 33029 MAINTENANCE SERVICE 178285 5 21446567 1621644 23068211 PHARMACY REVENUE 456110 30249974 30249974 NET PATIENT SERVICE 621110 14749144 14749144 OTHER REVENUE 900099 122318 122318 45121436 321879 321879 -3316 -3316 587500 0 587500 587500 587500 69095710 45121436 0 906063 41645 41645 4443867 4443867 24183977 19043438 5140539 6371807 4873025 1498782 152849 130440 22409 123538 105426 18112 1984426 1693486 290940 157919 152295 5624 4025866 3797855 228011 539647 509083 30564 1413324 828099 585225 96216 90767 5449 187002 182751 4251 1465626 1397405 68221 543699 512906 30793 PHARMACY EXPENSES 19253593 18163137 1090456 MEDICAL SUPPLIES AND DR 2645009 2495205 149804 REPAIRS AND MAINTENANCE 765368 722020 43348 68395378 59182850 9212528 0 10292663 3005872 4095071 4465634 3708687 4793854 3382772 4156514 1130309 660994 37334850 16852211 13810603 20482639 20854 17538 3357647 3159709 39798606 40742754 3712869 4556905 904376 601381 4808005 4660540 3129434 2979674 12554684 12798500 X 27243922 27944254 27243922 27944254 39798606 40742754 700332 0 X X 0 1 X 1 1 1 X 25636717 25897912 25676744 30610676 23068211 130890260 25636717 25897912 25676744 30610676 23068211 130890260 130890260 90595 161015 351820 643549 906063 2153042 133043302 0.98380 0.98770 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 240000 240000 21674157 9513881 12160276 8810315 7338330 1471985 6610378 6610378 20482639 SECURITY DEPOSITS 245025 RIGHT OF USE ASSETS 2914684 3159709 OPERATING LEASE LIABILITIES 2979674 2979674 69095710 0 69095710 0 69095710 68395378 0 68395378 0 68395378 0 FIU FOUNDATION INC MODESTO MAIDIQUE CAMPUS PC 511 MIAMI FL 33199 237047106 501(C#3) 22000 0 CHARITABLE AND EDUCATIONAL PURPOSES BARRY UNIVERSITY 11300 NE 2ND AVENUE MIAMI SHORES FL 33161 590624364 501(C#3) 19645 0 CHARITABLE AND EDUCATIONAL PURPOSES 2 3 0 0 0 0 0 0 0 0 0 PAUL CARL VELEZ CHIEF EXECUTIVE OFFICER 605346 0 26000 0 49400 0 26000 0 19906 0 726652 0 0 0 DEBORAH GRACIA CHIEF MEDICAL OFFICER 469506 0 1000 0 966 0 20000 0 26199 0 517671 0 0 0 DIEGO SHMUELS CHIEF QUALITY OFFICER 311846 0 1000 0 966 0 24996 0 8780 0 347588 0 0 0 MICHAEL ROSE DIRECTOR OF PHARMACY 271832 0 1000 0 14400 0 30464 0 10358 0 328054 0 0 0 SINDIA ROSENAY CHIEF FINANCIAL OFFICER 317084 0 1000 0 630 0 50 0 9150 0 327914 0 0 0 MICHELLE SOHEIL DENTAL DIRECTOR 304634 0 1000 0 966 0 2600 0 17583 0 326783 0 0 0 FRANCISCO RICART PSYCHIATRIST 277486 0 1000 0 1806 0 0 0 18787 0 299079 0 0 0 HARRY ARCHER PHYSICIAN 241112 0 1000 0 3708 0 12075 0 0 0 257895 0 0 0 ALBERTO MESTRE MEDICAL DIRECTOR OF SPECIALTY CARE 222979 0 1000 0 2722 0 0 0 29657 0 256358 0 0 0 X 3 1165410 FAIR MARKET VALUE 0 0 0 PART III, LINE 4A PROGRAM SERVICE ACCOMPLISHMENTS CONTINUED: SINCE 1972, BORINQUEN MEDICAL CENTERS HAVE GROWN TO BECOME A COMPREHENSIVE PRIMARY HEALTH CARE, DENTAL AND BEHAVIORAL HEALTH CENTER SERVING MIAMI-DADE COUNTY. IT IS THE POLICY OF BORINQUEN MEDICAL CENTERS TO ENSURE THAT OUR PATIENTS OBTAIN THE BEST CONTINUITY OF CARE AFTER HOURS. BORINQUEN MEDICAL CENTERS PATIENTS WILL HAVE ACCESS TO A PROVIDER AFTER HOURS 24 HOURS A DAY, 7 DAYS A WEEK BY CALLING 305-576-6611. ORGANIZATIONAL QUOTE: "LA SALUD DEL PUEBLO ES LA MAXIMA LEY." BORINQUEN SITES PROVIDED A TOTAL OF 157,916 VISITS, INCLUDING TELEHEALTH SYNCHRONIC AND ASYNCHRONOUS VISITS TO 42,910 UNDUPLICATED PATIENTS IN 2024- OF WHICH 94% OF PATIENTS REPORTING INCOMES WERE AT OR BELOW 200% OF THE POVERTY LEVEL AND 80% EITHER HAD NO INSURANCE OR WERE ENROLLED IN MEDICAID. BASED ON OUR PERFORMANCE IN QUALITY MEASURES IN UDS 2024, BORINQUEN ACHIEVED EXCEPTIONAL NATIONAL RECOGNITION BY EARNING SIX OF NINE POSSIBLE HRSA QUALITY BADGES, INCLUDING THREE NATIONAL QUALITY LEADER AWARDS AND THE PRESTIGIOUS QUALITY LEADER GOLD DESIGNATION FOR THE THIRD CONSECUTIVE YEAR. THESE HONORS POSITION BORINQUEN AMONG THE TOP-PERFORMING HEALTH CENTERS NATIONALLY AND IN FLORIDA FOR BEHAVIORAL HEALTH, CANCER SCREENING, AND DIABETES CARE, AND IN THE TOP 10% OF HEALTH CENTERS NATIONWIDE FOR OVERALL QUALITY. THIS ACHIEVEMENT HIGHLIGHTS BORINQUEN'S ONGOING DEDICATION TO DELIVERING HIGH-QUALITY CARE TO VULNERABLE AND UNDERSERVED COMMUNITIES IN MIAMI-DADE COUNTY. THROUGH CONTINUOUS PERFORMANCE MONITORING AND TARGETED QUALITY IMPROVEMENT INITIATIVES, THE ORGANIZATION HAS ADVANCED OUTCOMES IN CHRONIC DISEASE MANAGEMENT, PARTICULARLY IN HIV CARE, HYPERTENSION, AND DIABETES, BY INTEGRATING HEALTH INFORMATION TECHNOLOGY TO IMPROVE BLOOD PRESSURE CONTROL AND GLYCEMIC INDICES. THIS WORK INCLUDED 425 PATIENTS WITH REMOTE BLOOD PRESSURE MONITORING AND OFFERING 18,646 TELEHEALTH VISITS TO 10,164 PATIENTS ACROSS MULTIPLE SPECIALTIES AND BECOMING AN AGE-FRIENDLY HEALTH SYSTEM TO BETTER SERVE THE COUNTY'S GROWING OLDER ADULT POPULATION, HAS LED US TO BETTER SERVE OUR COMMUNITY. FORM 990, PART VI, SECTION B, LINE 11B 990 REVIEW PROCESS: THE FORM 990 IS REVIEWED BY MANAGEMENT AND A COMPLETE COPY OF THE FORM IS PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY PRIOR TO THE FILING OF THE RETURN WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY: THE CORPORATE FINANCE COMMITTEE MEETS ON A MONTHLY BASIS AND POLICIES AND ISSUES (IF ANY) ARE PRESENTED AND/OR FOLLOWED UP ACCORDINGLY. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, ALL DIRECTORS AND OFFICERS MUST DISCLOSE THE EXISTENCE OF SUCH A CONFLICT AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE CONFLICT AND ALL MATERIAL FACTS TO THE BOARD OR COMMITTEE EVALUATING THE CONFLICT, AND AFTER DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. IF IT IS DETERMINED THAT A CONFLICT MAY EXIST, ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT THAT WOULD NOT GIVE RISE TO A CONFLICT ARE INVESTIGATED. FORM 990, PART VI, SECTION B, LINE 15 OTHER OFFICER COMPENSATION REVIEW: THE BOARD OF DIRECTORS SELECTS THE CEO, WHICH IN TURN SELECTS THE CHIEF FINANCIAL OFFICER, CHIEF MEDICAL OFFICER, CHIEF QUALITY OFFICER AND SETS THEIR COMPENSATION. THE NATIONAL ASSOCIATION OF COMMUNITY HEALTH CENTERS PUBLICATIONS ARE CONSULTED FOR COMPARABILITY DATA. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENT DISCLOSURE: THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. ALL OF THE DOCUMENTS ARE KEPT IN OUR PREMISES UNDER THE CUSTODY OF THE CEO ASSISTANT STAFF, HUMAN RESOURCES, AND THE CFO, RESPECTIVELY. SECTION B, LINE B 990 REVIEW PROCESS: THE FORM 990 IS REVIEWED BY MANAGEMENT AND A COMPLETE COPY OF THE FORM IS PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY PRIOR TO THE FILING OF THE RETURN WITH THE IRS. PART VI, SECTION B, LINE 15A CEO COMPENSATION REVIEW: THE CEO IS EVALUATED BY THE EXECUTIVE COMMITTEE BASED ON HIS PERFORMANCE AND COMPANY FINANCIAL STATUS, GOALS ACHIEVED, ETC THE ORGANIZATION ALSO PROCESSES PERFORMANCE EVALUATIONS ON AN ANNUAL BASIS. THE LAST REVIEW WAS CONDUCTED DECEMBER 2024. THE NATIONAL ASSOCIATION OF COMMUNITY HEALTH CENTERS PUBLICATIONS ARE CONSULTED FOR COMPARABILITY DATA AS WELL AS COMPARING COMPENSATION DATA FROM FEDERALLY QUALIFIED HEALTH CENTERS IN THE SURROUNDING AREA. PART VI, SECTION C, LINE 19 DOCUMENT DISCLOSURE: THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. ALL OF THE DOCUMENTS ARE KEPT IN OUR PREMISES UNDER THE CUSTODY OF THE CEO ASSISTANT STAFF, HUMAN RESOURCES, AND THE CFO, RESPECTIVELY. FORM, 990 PART XII, LINE 2C NO CHANGE IN OVERSIGHT AND/OR SELECTION PROCESS.