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Kings Physician Services Pc

Also known as Newyork-Presbyterian Medical Group Brooklyn

Brooklyn, NY · EIN 46-2333282 · 501(c)(3) · Supporting organization, Type I
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Kings Physician Services Pc reported $307.3 million in revenue and $307.3 million in expenses for calendar year 2024. Of every $100 it spent, $87.91 went to program services, $12.09 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 50.4% of the total. The highest compensation it reported for one person was $2,268,994 (ATTENDING PHYSICIAN). 248 people received more than $100,000 in reportable compensation. Revenue rose 288% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $307M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $307M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
87.9%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
12.1%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
19.6%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
50.4%93.7%
Highest reported compensation
Part VII-A, columns D–F
$2,268,994$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.74%1.34%
People paid over $100,000
Part VII, line 2
24827
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
0.96.6
Independent voting board members
Part VI 1a–1b
0 of 188.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$270M expenses · 100.0% of program spending · revenue $247M

To provide excellent medical health care services to patients without regard to age, sex, race, creed, national origin or disability in the areas of internal medicine, neuro psych, cardiology, ob/gyn, pediatics, family health, surgery, urology, podiatry and other medical areas

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
ATTENDING PHYSICIAN
Highest compensated employee, 37.5 hrs/week
$2,242,993$0$26,001$2,268,994
MEDICAL DIRECTOR
Highest compensated employee, 37.5 hrs/week
$2,087,871$0$53,922$2,141,793
ATTENDING PHYSICIAN
Highest compensated employee, 37.5 hrs/week
$2,086,265$0$48,806$2,135,071
ATTENDING PHYSICIAN
Highest compensated employee, 37.5 hrs/week
$1,953,694$0$46,976$2,000,670
ATTENDING PHYSICIAN
Highest compensated employee, 37.5 hrs/week
$1,972,478$0$20,800$1,993,278
PRESIDENT
Director/trustee, officer, 53.4 hrs/week
$0$753,694$64,429$818,123

248 people received more than $100,000 in reportable compensation from Kings Physician Services Pc (Part VII, line 2). Compensation of current officers, directors and key employees totaled $983K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$100M$200M$300M$400M201920202021202220232024$307M$307M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$307M$307M87.9%$24M$2,268,994
2023 ⓘ$287M$287M87.0%$24M$2,215,491
2022 ⓘ$261M$261M85.4%$24M$2,073,800
2021 ⓘ$152M$223M85.9%$25M$1,554,206
2020 ⓘ$85M$157M76.1%−$135M$838,016
2019 ⓘ$79M$134M73.8%−$63M$1,316,432

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b1 · 0 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5525

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
WEILL CORNELL MEDICINE
Leased physicians
$97,771,014
COLUMBIA UNIVERSITY
Leased physicians
$6,820,302
DIAGNOSTIC CARDIOLOGY ASSOCIATES PC
Medical services
$1,884,013
VAYA WORKFORCE SOLUTIONS LLC
Temp agency
$1,165,353
HENNINGSON DURHAM & RICHARDSO
Architecture & construction services
$520,722

Individuals listed as contractors are left out. 9 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Kings Physician Services Pc's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Kings Physician Services Pc, you can publish a response that is linked from this page.

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Questions people ask

How much of Kings Physician Services Pc's spending goes to programs?

In calendar year 2024, Kings Physician Services Pc reported that 87.9% of its $307.3 million in expenses went to program services, 12.1% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Kings Physician Services Pc pay its top executive?

The largest total compensation Kings Physician Services Pc reported for one person in calendar year 2024 was $2,268,994, for the role of ATTENDING PHYSICIAN (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Kings Physician Services Pc get its money?

Of $307.3 million in revenue in calendar year 2024, 19.6% came from contributions and grants and 50.4% from program service revenue (Form 990, Part VIII).

Is Kings Physician Services Pc a registered charity?

The IRS lists EIN 46-2333282 as a 501(c)(3) organization (supporting organization, type i), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202523159349300042 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202413169349302491 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202313149349304901 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202203069349303205 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202103439349300905 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202033099349301933 · read the filing

All filings for EIN 46-2333282: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.