2026-02-04T17:18:45-06:00 2025-09-30 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2024-10-01 131782482 PHYSICIANS HOME INC PHYS 6469082637 515 MADISON AVE FL 8 NEW YORK NY 100228606 ANDREW SAMA MD CHAIRMAN 6469082637 2026-02-04 1 1 EVA MRUK P00543254 2122862600 2026-02-04 2024 2025-03-06 01:10:19Z ANDREW SAMA MD 515 MADISON AVE FL 8 NEW YORK NY 100228606 5729586 0 X WWW.PHYSICIANSHOME.ORG X 1919 NY TO ASSIST PHYSICIANS WHO FALL ON HARD TIMES AND ARE IN NEED OF FINANCIAL HELP. 11 11 2 12 0 0 101099 1941678 0 0 792697 1510397 -11258 -1608 882538 3450467 311616 278731 0 0 74159 70661 0 0 40655 250817 256144 636592 605536 245946 2844931 16570586 19452743 282979 253435 16287607 19199308 PHYSICIANS' HOME ASSISTS PHYSICIANS AND THEIR FAMILY MEMBERS WHO FALL ON HARD TIMES AND ARE IN NEED OF FINANCIAL HELP. 0 0 354167 278731 0 PHYSICIANS' HOME PROVIDES HELP TO PHYSICIANS WHO FALL ON HARD FINANCIAL TIMES AND/OR THEIR IMMEDIATE FAMILY MEMBERS WHO BECOME DEPENDENT. DURING THE YEAR, THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS EVALUATED THE NEEDS OF NEW BENEFICIARIES AS WELL AS THOSE OF EXISTING BENEFICIARIES FOR CONTINUED ASSISTANCE. THE ORGANIZATION PROVIDED $278,731 IN DIRECT ASSISTANCE TO 18 PHYSICIANS AND 8 FAMILY MEMBERS DURING THE YEAR. 354167 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 2 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 11 11 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X X MARTHA REDO ESQ 6469082637 515 MADISON AVE FL 8 NEW YORK NY 100228606 X ANDREW E SAMA MD DIR/CHAIRMAN/1ST VICE-PRESIDENT 5.00 X X 0 0 0 MARTHA REDO ESQ DIRECTOR/2ND VICE-PRESIDENT/TREASURER 1.50 X X 0 0 0 JACQUELINE SALZER MD DIRECTOR/ASST. TREASURER 1.50 X X 0 0 0 BRUCE C HORTEN MD DIRECTOR 1.50 X 0 0 0 FRANK IAQUINTA MD DIRECTOR, THRU 12/24 0.25 X 0 0 0 JOHN W LOMBARDO MD DIRECTOR 1.50 X 0 0 0 JOHN A MCCLUNG MD DIRECTOR 1.50 X 0 0 0 FAZLOLLAH MOQTADERI MD DIRECTOR 1.50 X 0 0 0 SHARON-MARIE ROONEY MD DIRECTOR 0.50 X 0 0 0 PETER VOGES MD DIRECTOR 0.25 X 0 0 0 JAMES MCCOTTER DIRECTOR 0.50 X 0 0 0 SUSAN EIFENBEIN DIRECTOR 0.50 X 0 0 0 0 0 0 0 0 0 0 KIMELMAN AND BAIRD 800 THIRD AVENUE SUITE 2300 NEW YORK NY 10022 INVESTMENT ADVISORY SERVICES 100212 1 37050 1904628 1941678 307014 307014 3453494 2250111 1203383 1203383 1203383 27400 37050 29008 -1608 -1608 3450467 0 0 1508789 278731 278731 65640 32820 16410 16410 5021 2511 1255 1255 39075 39075 105160 105160 4000 4000 6798 1133 5665 12694 5455 7239 2000 2000 69300 34650 17325 17325 775 775 6849 6849 425 425 7442 7442 FOREIGN TAXES 851 851 FILING FEE 775 775 605536 354167 210714 40655 76868 151306 1845508 2344889 1864978 11375 3305 9731 9068 1088 663 14357130 14870517 278617 217085 16570586 19452743 29600 31600 13549 38597 239830 183238 282979 253435 X 15139044 17997345 1148563 1201963 16287607 19199308 16570586 19452743 2844931 66770 0 X 0 1 X 1 0 X 42854 45398 48048 101099 76700 314099 42854 45398 48048 101099 76700 314099 19230 294869 206740 220141 296381 321239 307014 1351515 1665614 0.17700 0.18250 X PHYSICIANS' HOME HAS DEPENDED ON PUBLIC SUPPORT FROM BOTH THE PHYSICIAN AND NON-PHYSICIAN COMMUNITY THROUGHOUT ITS LONG HISTORY. THE ORGANIZATION MAINTAINS AN ONGOING PROGRAM TO OBTAIN PUBLIC SUPPORT WHICH INCLUDES APPEAL LETTERS, AN INTERNET PRESENCE, AND PERIODIC EVENTS HELD FOR THOSE SUPPORTING THE ORGANIZATION.PHYSICIANS' HOME ANNUALLY SENDS FUNDRAISING APPEAL LETTERS TO THOSE WHO HAVE DONATED IN THE PAST FIVE YEARS. ALSO, MANY OF THE NEW YORK COUNTY MEDICAL SOCIETIES, WHEN SOLICITING THEIR ANNUAL DUES PAYMENT FROM MEMBER PHYSICIANS, ENCOURAGE THE DOCTORS TO ADD AN ADDITIONAL AMOUNT FOR PHYSICIANS' HOME - WHICH THE MEDICAL SOCIETY THEN FORWARDS TO US. DURING THE YEAR ENDED SEPTEMBER 30, 2025, PHYSICIANS' HOME RECEIVED OVER 280 DONATIONS, LARGE AND SMALL IN AMOUNT, MOSTLY FROM INDIVIDUAL CONTRIBUTORS.IN SPRING 2024 WE REPLACED THE ORGANIZATION'S WEBSITE WITH AN UPDATED SITE WITH AN EXPANDED EXPLANATION OF HOW WE PROVIDE HELP TO THOSE IN NEED AS WELL AS MORE INFORMATION FOR THOSE CONTEMPLATING A DONATION. THE SITE'S HOME PAGE NOW INCLUDES A "SUBMIT AN APPLICATION" BUTTON FOR AN INDIVIDUAL TO START THE PROCESS OF APPLYING FOR HELP, AS WELL AS THE "DONATE NOW" BUTTON. CREDIT CARD DONATIONS THROUGH THE WEBSITE ARE INCREASING. WE ALSO CONTINUE TO COLLECT CONTRIBUTOR EMAIL ADDRESSES FOR A DATABASE, ENABLING US TO INTERACT WITH MOST CONTRIBUTORS BY EMAIL.IN NOVEMBER 2024 PHYSICIANS' HOME HELD A DONOR EVENT ATTENDED BY 85 DONORS AND POTENTIAL DONORS. AT THIS EVENT, THE ORGANIZATION DISTRIBUTED A DONOR'S JOURNAL. THE DONOR'S JOURNAL PROVIDES CONTRIBUTORS THE OPPORTUNITY TO EXPRESS MESSAGES OF SUPPORT ALONG WITH THEIR DONATION. THE JOURNAL, WHILE EXPRESSING MUCH EFFORT, IS AN INTEGRAL PART OF OUR FUNDRAISING PLAN. THE ORGANIZATION'S INVESTMENT PORTFOLIO HAS BEEN BUILT UP OVER THE YEARS AS A RESULT OF ONGOING GENEROSITY OF BOTH THE PHYSICIAN AND NON-PHYSICIAN COMMUNITIES. DONATIONS HAVE INCLUDED OVER ONE HUNDRED ESTATE BEQUESTS SINCE THE ORGANIZATION'S FOUNDING IN 1919. DURING THE YEAR ENDED SEPTEMBER 30, 2025 PHYSICIANS' HOME RECEIVED A BEQUEST IN AN AMOUNT OVER $1,700,000.THE ADMINISTRATIVE OFFICE IS STAFFED DAILY, RESPONDING TO INQUIRIES FROM INDIVIDUALS SEEKING HELP, AS WELL AS GIVING CLOSE ATTENTION TO THE DETAILS REQUIRED TO PROCESS DONATIONS. ASSISTANCE PAYMENTS ARE MAILED FROM THE OFFICE TO BENEFICIARIES ON A MONTHLY BASIS; A DIRECT DEPOSIT OPTION IS AVAILABLE TO BENEFICIARIES WHO WISH TO GO THAT ROUTE. ON OCCASION, ADDITIONAL ASSISTANCE MAY BE PROVIDED SHOULD AN URGENT BENEFICIARY SITUATION ARISE.PHYSICIANS' HOME HOLDS EXECUTIVE COMMITTEE MEETINGS, TO REVIEW BENEFICIARY CIRCUMSTANCES, AT A REGULAR INTERVAL. ALL BOARD MEMBERS ARE ENCOURAGED TO ATTEND THESE MEETINGS. EXECUTIVE COMMITTEE MEMBERS HAVE THE OPTION OF ATTENDING THE MEETING EITHER IN PERSON OR ON A CONFERENCE CALL. OUR GOVERNING BODY CONSISTS OF PRACTICING AND RETIRED PHYSICIANS, AS WELL AS OTHERS DEDICATED TO THE MISSION OF PHYSICIANS' HOME. THEY PROVIDE DIVERSE POINTS OF VIEW REGARDING MATTERS BEFORE THE ORGANIZATION, AND ALL LOOK WITH ENTHUSIASM AS WE ENTER OUR SECOND CENTURY OF CHARITABLE WORK. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1148563 81778 28378 1201963 950158 227052 28647 1148563 855305 122353 27500 950158 987901 -112243 20353 855305 829789 179577 21465 987901 0.16350 0.83650 0 0 4766 4103 663 4965 4965 0 663 LEASE LIABILITY 183238 183238 X 3411226 66770 66770 3344456 105160 851 106011 3450467 499525 0 499525 105160 851 106011 605536 PART X, LINE 2: THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ORGANIZATION'S RETURNS FOR ALL YEARS SINCE FISCAL 2022 REMAIN OPEN TO EXAMINATION BY THE RESPECTIVE TAXING AUTHORITIES. THERE ARE CURRENTLY NO EXAMINATIONS IN PROGRESS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FOREIGN TAXES REPORTED ON PART IX 851. PART XII, LINE 4B - OTHER ADJUSTMENTS: FOREIGN TAXES REPORTED ON PART IX 851. BANQUET DINNER 64450 37050 27400 26378 1200 1430 64450 37050 27400 26378 1200 1430 29008 -1608 1 FINANCIAL ASSISTANCE 26 278731 PART I, LINE 2: THE EXECUTIVE COMMITTEE ASSUMES RESPONSIBILITY FOR MONITORING THE USE OF THE GRANT FUNDS FOR THEIR INTENDED PURPOSES. THE RESPONSIBILITY OF MONITORING THE APPROPRIATE DISTRIBUTION OF FUNDS TO BENEFICIARIES. INDIVIDUALS APPLYING FOR AID PROVIDE THE ORGANIZATION WITH AN APPLICATION PACKAGE THAT INCLUDES AN EXPLANATION OF THEIR NEED, A LIST OF ASSETS, OTHER SOURCES OF INCOME, EXPENDITURES, AND OTHER ITEMS. ORGANIZATION STAFF REVIEWS THE APPLICATION AND PRESENTS IT TO THE EXECUTIVE COMMITTEE. THE COMMITTEE DISCUSSES THE APPLICANT'S NEEDS AND APPROVES OR REJECTS THE REQUEST OF DEFERS DECISION UNTIL ADDITIONAL INFORMATION IS RECEIVED. STAFF FOLLOWS-UP WITH THE APPLICANT. IF A REQUEST IS URGENT, COMMITTEE MEMBERS WILL DISCUSS THE REQUEST BY PHONE, APPROVE A ONE-TIME PAYMENT IF WARRANTED, AND ADDRESS SUBSEQUENT AID AT AN EXECUTIVE COMMITTEE MEETING. THE COMMITTEE REVIEWS BENEFICIARIES AT A MINIMUM OF ONCE PER YEAR, AND OFTEN MORE FREQUENTLY, AND THIS INCLUDES INFORMATION PROVIDED THROUGH SOCIAL SERVICE INTERVIEWS AND THIRD-PARTY ORGANIZATIONS WHO MAY BE INVOLVED IN THE BENEFICIARY CIRCUMSTANCES. SOME BENEFICIARIES ARE ASKED FOR DETAILED INFORMATION ON THEIR STATED EXPENSES, WHICH IS THEN COMPARED TO THE AMOUNT AWARDED. FORM 990, PART VI, SECTION A, LINE 6 PHYSICIANS' HOME HAS TWO CLASSES OF MEMBERSHIP, CONTRIBUTING MEMBERS AND ADMINISTRATIVE MEMBERS. CONTRIBUTORS OF $25 OR MORE TO THE ORGANIZATION ARE CONTRIBUTING MEMBERS FOR THAT FISCAL YEAR. DIRECTORS, TRUSTEES, AND OFFICERS ARE ADMINISTRATIVE MEMBERS. BOTH CLASSES OF MEMBERS HAVE THE RIGHT TO ELECT THE BOARD OF DIRECTORS, WHICH ARE ELECTED ANNUALLY BY A MAJORITY VOTE OF ALL MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A CONTRIBUTING MEMBERS AND ADMINISTRATIVE MEMBERS ARE EACH ENTITLED TO ONE VOTE, IN PERSON OR BY PROXY, TO ELECT THE BOARD OF DIRECTORS, AND ON ANY OTHER MATTER AS DETERMINED BY THE BOARD OF DIRECTORS. MATTERS ARE DECIDED BY THE CONCURRING VOTE OF THE MAJORITY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM, AND THEN REVIEWED INTERNALLY BY THE ORGANIZATION'S CHAIRMAN AND THE ORGANIZATION'S OUTSIDE CONSULTANT. ONCE THIS IS COMPLETE, A COPY OF THE FORM 990 IS ELECTRONICALLY PROVIDED TO ALL CURRENT BOARD MEMBERS FOR ANY COMMENTS. ANY COMMENTS ARE ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C THE PHYSICIANS' HOME CONFLICT OF INTEREST POLICY COVERS ALL MEMBERS OF THE BOARD OF DIRECTORS, OFFICERS, EMPLOYEES, AND CONSULTANTS. THESE PERSONS RECEIVE A STATEMENT OF CONFLICT OF INTEREST POLICY (WHICH ALSO COVERS CONFIDENTIALITY AND WHISTLEBLOWER ACTIVITIES). EACH PERSON SHALL ANNUALLY COMPLETE AND SIGN CONFLICT OF INTEREST POLICY. THE CONFLICT OF INTEREST STATEMENT REQUIRES THAT PERSONS COVERED UNDER THE STATEMENT WILL DISCLOSE TO THE EXECUTIVE COMMITTEE ANY SUCH SITUATION. IF AND WHEN A POTENTIAL CONFLICT OF INTEREST IS DISCLOSED AND DETERMINED BY THE EXECUTIVE COMMITTEE, THE PERSON IS EXPECTED TO RECUSE HIMSELF/HERSELF FROM THE ACTIVITIES. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 IS AVAILABLE UPON REQUEST AND POSTED ON GUIDESTAR.ORG AND SIMILAR TYPES OF WEBSITES. THE FORMS 990, ANNUAL FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION, AND BY-LAWS ARE AVAILABLE UPON WRITTEN REQUEST