2024-05-15T12:12:19-05:00 2023-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2022-07-01 131655230 FOOT CLINICS OF NEW YORK FOOT 2124108100 55 EAST 124TH STREET NEW YORK NY 10035 AVI COHEN SR. DIRECTOR OF FINANCE 2124108100 2024-05-15 1 AVI COHEN 999009999 1 MELISSA MODELSON P01603524 9143818900 2024-05-15 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z FOOT CENTER OF NEW YORK AVI COHEN 55 EAST 124TH STREET NEW YORK NY 10035 1510524 0 X WWW.FOOTCENTEROFNY.ORG X 1910 NY FOOT CLINICS OF NEW YORK PROVIDES AMBULATORY PODIATRIC SERVICES TO A LARGE UNDERSERVED POPULATION IN THE CITY OF NEW YORK. 10 10 27 10 0 0 2000 67131 1289241 1438340 131 8 4082 5045 1295454 1510524 193978 0 0 0 1383118 1315476 0 0 0 2959014 2978417 4536110 4293893 -3240656 -2783369 241749 747273 88060665 91349558 -87818916 -90602285 THE FOOT CLINICS OF NEW YORK IS THE NATION'S OLDEST FACILITY FOR PROVIDING SPECIALIZED MEDICAL CARE FOR THE FOOT AND ANKLE. IT IS THE LARGEST FOOT CARE CENTER IN THE WORLD. 0 0 2987378 0 1438340 FOOT CLINICS OF NEW YORK PROVIDES AMBULATORY PODIATRIC SERVICES TO A LARGE MEDICALLY UNDERSERVED POPULATION IN THE CITY OF NEW YORK.THERE WERE 9,437 PATIENT VISITS IN THE FISCAL YEAR 2023. 2987378 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 10 0 27 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 1 0 NY X X AVI COHEN 2124108100 55 EAST 124TH STREET NEW YORK NY 10035 LOUIS L LEVINE PRESIDENT AND CEO THRU 12/22 10.00 40.00 X X 0 403270 31830 GABRIEL P CAPRIO CHAIRMAN 0.30 0.30 X X 0 0 0 KEITH A GREATHOUSE VICE CHAIRMAN 0.30 0.30 X X 0 0 0 ROCK G POSITANO DPM DEPUTY CHAIRMAN 0.30 0.30 X X 0 0 0 WILLIAM G RAISCH SECRETARY 0.30 0.30 X X 0 0 0 ANDREW A ALBERTI BOARD TRUSTEE 0.30 0.30 X 0 0 0 SUSHEEL BATHLA DPM BOARD TRUSTEE 0.30 0.30 X 0 0 0 BENJAMIN B CHOI BOARD TRUSTEE 0.30 0.30 X 0 0 0 WILLIAM H GRAHAM BOARD TRUSTEE 0.30 0.30 X 0 0 0 JORDAN HELLER BOARD TRUSTEE 0.30 0.30 X 0 0 0 KATHLEEN REILLY FALLON DPM BOARD TRUSTEE 0.30 0.30 X 0 0 0 ALAN KADISH MD CHIEF TRANSITION OFFICER 1.00 1.00 X 0 0 0 JOEL STURM CHIEF OPERATING OFFICER 10.00 40.00 X 0 239699 59860 EUNICE RAMSEY-PARKER DPM ADMINISTRATOR 40.00 0.00 X 120641 0 16327 MARK SWARTZ MEDICAL DIRECTOR 40.00 0.00 X 76347 0 7500 AVI COHEN SR. DIRECTOR OF FINANCE 10.00 10.00 X 0 0 0 BRIANA RAMIREZ PHYSICAL THERAPIST 40.00 0.00 X 115108 0 19637 312096 642969 135154 2 0 1 0 0 44573 22558 67131 ALLOCATED TUITION REVE 611600 730701 730701 SELF-PAY AND OTHER PAY 621990 439914 439914 MEDICAID 621990 167673 167673 MEDICARE 621990 100052 100052 1438340 8 8 PARKING CARD FEES 900099 4644 4644 MISCELLANEOUS REVENUE 900099 401 401 5045 1510524 1438340 0 5053 X 245448 189758 55690 894557 685786 208771 35372 29264 6108 42651 35285 7366 97448 80620 16828 38525 38525 810652 552114 258538 1950 1317 633 71253 48110 23143 2152 1453 699 67661 45685 21976 408 275 133 34228 34228 75197 50773 24424 ALLOCATED EXPENSES 1864894 1259175 605719 REPAIRS AND MAINTENANCE 7981 5389 2592 MISC OPERATING EXPENSES 3516 2374 1142 4293893 2987378 1306515 0 652 984 54865 81705 71929 90000 0 127522 2123602 1676540 114303 447062 241749 747273 278625 126717 87782040 91222841 88060665 91349558 X -87818916 -90602285 -87818916 -90602285 241749 747273 -2783369 0 X X 0 1 X 1 0 X 200 14278 2000 67131 83609 1690446 1446986 1175120 1289241 1438340 7040133 1690646 1446986 1189398 1291241 1505471 7123742 0 0 0 7123742 64 62 25930 131 8 26195 64 62 25930 131 8 26195 2343 6618 11341 4082 5045 29429 1693053 1453666 1226669 1295454 1510524 7179366 0.99230 0.99300 0.00360 0.00360 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2018 AMOUNT: $ 2,343. 2019 AMOUNT: $ 6,618. 2020 AMOUNT: $ 8,142. 2021 AMOUNT: $ 163. 2022 AMOUNT: $ 401. PARKING CARD FEES - 2020 AMOUNT: $ 3,199. 2021 AMOUNT: $ 3,919. 2022 AMOUNT: $ 4,644. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 191791 172887 18904 1419090 1303344 115746 512721 200309 312412 447062 DUE TO NEW YORK COLLEGE OF PODIATRIC MEDICINE 90751953 DUE TO NEW YORK STATE 469813 CAPITAL LEASE OBLIGATION 1075 91222841 X 1510524 0 1510524 0 1510524 4293893 0 4293893 0 4293893 PART X, LINE 2: THE CLINIC RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY WHEN THE TAX POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE CLINIC HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE CLINIC IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2020. 0 0 0 0 0 0 0 0 0 LOUIS L LEVINE PRESIDENT AND CEO THRU 12/22 0 395854 0 0 0 7416 0 29000 0 2830 0 435100 0 0 JOEL STURM CHIEF OPERATING OFFICER 0 236651 0 0 0 3048 0 25000 0 34860 0 299559 0 0 PART I, LINE 3 BELOW IS THE COMPENSATION DETERMINATION PROCESS FOR THE ABOVE OFFICERS OF THE NEW YORK COLLEGE OF PODIATRIC MEDICINE: THE CHAIRMAN OF THE BOARD ASSIGNS A COMPENSATION COMMITTEE TO REVIEW THE COMPENSATION PACKAGE OF THE PRESIDENT. THE LAST REVIEW WAS IN 2022. THE CHAIRMAN OF THE BOARD MAKES THE FINAL DECISION AND THE RECOMMENDATION FOR A SALARY ADJUSTMENT OR CONTINUANCE IS SENT TO THE COO TO PROCESS THROUGH HUMAN RESOURCES AND PAYROLL. THE PROCESS IS DONE APPROXIMATELY EVERY THREE YEARS, BUT CAN BE EARLIER IF APPROVED BY THE CHAIRMAN. THE CHAIRMAN WILL COSIGN WITH THE PRESIDENT AND CEO A NEW CONTRACT, USUALLY WITH A THREE-YEAR TERM. THE PROCESS IS USUALLY NOT PLACED IN THE MINUTES OF THE GENERAL BOARD MEETINGS, BUT THE CHAIRMAN DOES INFORM THE BOARD THAT THE PRESIDENT HAS BEEN EVALUATED. THE CONTRACT DOES NOT REQUIRE APPROVAL FROM THE ENTIRE BOARD. ALL OTHER TOP MANAGEMENT IS EVALUATED AND COMPENSATED THROUGH THE SOLE DISCRETION OF THE PRESIDENT, BUT WILL TAKE ADVICE AND DIRECTION FROM THE BOARD WHEN DEEMED NECESSARY. FORM 990, PART VI, SECTION B, LINE 11B FOOT CLINICS OF NEW YORK HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, MANAGEMENT REVIEWS THE 990 AND IT IS ELECTRONICALLY SENT TO THE BOARD FOR THEIR APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C PER THE CLINIC'S POLICY, CONFLICT OF INTEREST STATEMENTS ARE PROVIDED UPON MEMBERS' ELECTION AND ARE TO BE COMPLETED AND RETURNED. WHEN CONFLICT OF INTEREST POLICIES ARE UPDATED, THE POLICIES ARE DISTRIBUTED AND IF ANY MEMBER HAS A POTENTIAL CONFLICT, A NEW CONFLICT OF INTEREST STATEMENT SHOULD BE COMPLETED AND RETURNED. BASED ON DISCRETION OF MANAGEMENT, NEW CONFLICT OF INTEREST STATEMENT MAY BE REQUIRED WHEN A POTENTIAL CONFLICT MAY BE SUSPECTED. THE ORGANIZATION, ON AN ANNUAL BASIS, HAS ITS BOARD MEMBERS, OFFICERS, AND EMPLOYEES DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. ALL POSITIVE RESPONSES TO A POSSIBLE CONFLICT OF INTEREST, BE IT FROM A BOARD MEMBER OR AN EMPLOYEE, ARE BROUGHT TO THE ATTENTION OF THE COO AND THE PRESIDENT. SHOULD IT BE A BOARD MEMBER, THE ISSUE IS ALSO BROUGHT TO THE ATTENTION OF THE CHAIR OF THE BOARD. A REVIEW IS FIRST CONDUCTED TO ASCERTAIN WHETHER THERE IS A MATERIAL CONFLICT. SHOULD THERE BE AN ISSUE, THE INDIVIDUAL IS CALLED IN TO DISCUSS THE PARTICULARS. IF IT IS DETERMINED THAT A CONFLICT EXISTS, THE ADMINISTRATION CAN OFFER THE INDIVIDUAL THE OPPORTUNITY TO CORRECT THIS MISTAKE. SHOULD THE EMPLOYEE REFUSE TO, THE ADMINISTRATION IS WELL WITHIN ITS RIGHTS TO TERMINATE THE EMPLOYEE. FORM 990, PART VI, SECTION B, LINE 15B THE BOARD OF DIRECTORS, WHO RELY UPON EXTERNAL THIRD-PARTY COMPARABILITY DATA, APPROVES COMPENSATION FOR THE ADMINISTRATOR. COMPENSATION DECISIONS ARE CONTEMPORANEOUSLY DOCUMENTED IN THE MINUTES OF THE COMMITTEE WHEN THE DECISIONS ARE MADE. THIS PROCESS WAS LAST UNDERTAKEN AT THE END OF FISCAL YEAR 2022. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. FORM 990, PART IX, LINE 11G CLINIC SERVICES: PROGRAM SERVICE EXPENSES 526,500. MANAGEMENT AND GENERAL EXPENSES 249,398. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 775,898. CLINIC ADMINISTRATION: PROGRAM SERVICE EXPENSES 8,285. MANAGEMENT AND GENERAL EXPENSES 3,925. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,210. MEDICAL RECORDS: PROGRAM SERVICE EXPENSES 11,009. MANAGEMENT AND GENERAL EXPENSES 5,215. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,224. CLINIC - CONTINUING EDUCATION: PROGRAM SERVICE EXPENSES 6,320. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,320. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR. NEW YORK COLLEGE OF PODIATRIC MEDICINE 53 EAST 124TH STREET NEW YORK NY 10035 131632522 SCHOOL OF PODIATRIC MEDICINE NY 501(C)(3) LINE 2 N/A 0 PODIA INSURANCE LIMITED PO BOX 1109GT GRAND CAYMAN CJ INSURANCE CJ NEW YORK COLLEGE OF PODIATRIC MEDICINE C 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0 0