Meeting House Lane Medical Practice
Nonprofit profile at a glance
- EIN
- 208853938
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024
- Location
- Hampton Bays, NY, USA
- Phone
- 6317268332
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Health Treatment Facilities, Primarily Outpatient
Reported finances
- Revenue
- $24,479,201
- Expenses
- $35,637,752
- Assets
- $5,617,171
- Liabilities
- $25,246,011
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
59 people listed
Highest reported compensation
- AHSAN KAHAN (EMPLOYEE): $1,180,476 total reported compensation
- ROBERT MUNKELWITZ (EMPLOYEE): $811,018 total reported compensation
- FREDERIC WEINBAUM (EMPLOYEE): $757,376 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Meeting house lane medical practice, pc (the practice) was incorporated on march 30, 2007 as a professional corporation under New York state law, for the purpose of providing medical services. The practice provides medical services as requested by stony brook southampton hospital (hospital) and also to patients in the broader community. Hospital identified certain health care needs in the community that were unmet. Hospital determined that the best way to fulfill these health care needs was for the practice to assume direct control over the provision of these services. Additionally, hospital and the practice recongnized this arrangement would facilitate better, more efficient arrangements with third party payors and also allow for development of a comprehensive electronic health record. The practice's medical services are provided at the hospital and at physician practice locations within hospital's service area. Hospital is a New York not-for-profit corporation that has been recognize
What it reported doing in 2024
The practice provided medical care to the surrounding area in support of the hospital's mission. The practice has specialties that are not available in the local area, including but not limited to allergy and immunology, bariatric surgery, breast surgery, family practice, gastroenterology, geriatrics, gynecology, infectious disease, internal medicine, nephrology, orthopedic surgery, osteopathy, pelvic health, psychiatry, pulmonology, rheumatology, general surgery, general vascular surgery, and women's health.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 60
- Accountability: 84
- Sustainability: 2
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 73.4%; rating input score 73
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 5 of 9 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Limited
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -45.6%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 0.16; rating input score 3; 3rd percentile among comparable filings
- Liabilities to assets ratio: 4.49; rating input score 0; 0th percentile among comparable filings
- Officer compensation ratio: 43.7%; rating input score 0; 0th percentile among comparable filings
Growth
- Program expense growth: 10.1% per year; rating input score 100; 71st percentile among comparable filings
- Revenue growth: 6.1% per year; rating input score 100; 53rd percentile among comparable filings
- Asset growth: 26.9% per year; rating input score 100; 95th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 73.4% of spending went to programs
- Governance: 1 of 1 board members independent · 5 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $26.1M in reported program spending
- Leadership: top reported pay $1.2M · 59 people listed · 0 of 6 pay-setting controls reported
- Consistency: 23 of 23 current checks pass
- Schedules: 6 filed schedules · includes executive pay
- Filing history: 9 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 54 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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 — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Accountability: Governance controls: 3 of 8 not reported.
- High — Sustainability: Operating margin scored 2/100.
- High — Sustainability: Total-asset coverage ratio scored 3/100.
- High — Sustainability: Liabilities to assets ratio scored 0/100.
- High — Sustainability: Officer compensation ratio scored 0/100.