Kingsbrook Jewish Medical Center Inc

Nonprofit profile at a glance

EIN
111631759
IRS 990 coverage
2010–2020
Forms available
Form 990 2020, Form 990-T 2020
Location
Brooklyn, NY, USA
Phone
7186045532
Rating
86
Verdict
STRONG
Rating confidence
Standard
Sector
Hospital, General
Affiliation
Judaism

Official website

Reported finances

Revenue
$237,126,877
Expenses
$212,806,925
Assets
$97,387,535
Liabilities
$171,690,000

Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

30 people listed

Executive titles in this filing

  • PAUL ROSENFELD (EXECUTIVE DIRECTOR)

Highest reported compensation

  • OLALEKAN BADIRU (PHYSICIAN): $656,983 total reported compensation
  • KURT KODROFF (CHIEF QUALITY OFFICER, OBH): $646,864 total reported compensation
  • VIJAY AKKAPEDDI (CHAIR EMERGENCY DEPARTMENT): $608,424 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

One brooklyn health system, inc. Provides greater access to high quality medical care and keeps our communities healthy through an integrated care system that respects the diversity of our communities and addresses both the health needs and unique factors that shape them.

What it reported doing in 2020

The kingsbrook jewish medical center ("kjmc") is a 303-bed multi-specialty teaching hospital located in brooklyn, New York, which provides a full range of inpatient and outpatient services, medical and surgical treatment, rehabilitation medicine and geriatric psychiatric medicine, as well as an ambulatory surgery center, 24-hour emergency room and outpatient general and specialty clinics.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 90
  • Accountability: 100
  • Sustainability: 41
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.3%; rating input score 78
  • Program expense ratio: 87.2%; rating input score 87
  • Fundraising efficiency: $1,431.47 raised per $1 spent on fundraising; rating input score 97; 97th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 67th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 80th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 10.3%; rating input score 65; 65th percentile among comparable filings
  • Total-asset coverage ratio: 0.46; rating input score 17; 17th percentile among comparable filings
  • Liabilities to assets ratio: 1.76; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 2.7%; rating input score 40; 40th percentile among comparable filings

Growth

  • Program expense growth: 2.6% per year; rating input score 100; 29th percentile among comparable filings
  • Revenue growth: 2.5% per year; rating input score 100; 24th percentile among comparable filings
  • Asset growth: -4.1% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: 78.3% of revenue deployed · 87.2% of spending went to programs
  • Governance: 19 of 19 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $185.6M in reported program spending
  • Leadership: top reported pay $657K · 30 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $12.7M reported
  • Consistency: 29 of 29 current checks pass
  • Schedules: 8 filed schedules · includes major donors and executive pay
  • Filing history: 11 filing years from 2010 to 2020
  • Contacts: How to reach this organization
  • Money network: 11 filed money-flow records
  • Related organizations: 28 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Total-asset coverage ratio scored 17/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.
  • Moderate — Sustainability: Officer compensation ratio scored 40/100.