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Nonprofit · EIN 13-1624169

FLOATING HOSPITAL INC

Tax-exempt · LONG IS CITY, NY 11101

Financials

$32.4M$31.1M2023$33.6M$35.5M2024
Revenue Expenses · by fiscal year end
Financials of FLOATING HOSPITAL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$33,578,866$35,481,253-$1,902,387$17,021,701$9,261,570$7,760,131
December 31, 2023990$32,401,064$31,087,766$1,313,298$16,206,358$6,543,840$9,662,518
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$15,341,384
of which government grants
$13,980,396
Program service revenue
$18,102,024
Investment income
$117,224
Net gain from sales of assets
$47,750
Other revenue
$18,234

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$1,020,555
Other salaries and wages
$15,517,860
Salaries, compensation and benefits (total)
$21,503,075
Professional fundraising fees
$0
Legal fees
$84,439
Accounting fees
$172,764
Occupancy
$973,368
Travel
$233,254
Depreciation
$575,887
Program services (functional)
$31,912,802
Management and general (functional)
$3,568,451

Balance sheet and other

Total assets, start of year
$16,206,358
Total assets, end of year
$17,021,701
Total liabilities, end of year
$9,261,570
Net assets, end of year
$7,760,131
Land, buildings and equipment
$2,083,967
Net assets without donor restrictions
$7,657,319
Net assets with donor restrictions
$102,812
Gross unrelated business income
$760,272
Gross receipts
$33,578,866
Employees
308
Volunteers
15
Year formed
1866
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
SHANI ANDRE MDEXCEUTIVE VP/CMO
Key employee
35$351,154$15,424
JONATHAN ZIMMERMANPHYSICIAN
Highest-paid employee
35$287,967$1,378
SHARI POTTERPHYSICIAN ASSISTANT
Highest-paid employee
35$239,975$43,994
SEAN T GRANAHANPRESIDENT/GENERAL COUNSEL
Officer
30$229,570$29,513
OTUODICHINMA NWANKPAFAMILY NURSE PRACTITIONER
Highest-paid employee
35$214,835$41,218
KIM HENEGHANPHYSCIAN ASSISTANT
Highest-paid employee
35$229,709$22,806
MARK SETHNAMEDICAL DIRECTOR
Highest-paid employee
35$219,335$23,910
PHILIP LAROCCOVP OF HUMAN RESOURCES
Key employee
35$157,400$42,465
GLORIA CARNEY JACKSONEXECUTIVE VICE PRESIDENT O
Officer
30$180,024$15,005
ALLISON SOKARISTRUSTEE
Trustee or director
1$0$0
ANTHONY BROWNIESECRETARY
Trustee or director, Officer
1$0$0
BARBARA LINDERTRUSTEE
Trustee or director
1$0$0
CAROL JACKSONTRUSTEE
Trustee or director
1$0$0
DAVID KOCHANOWSKYTREASURER
Trustee or director, Officer
1$0$0
DOMINICK DELORENZOCHAIR OF BOARD OF TRUSTEES
Trustee or director, Officer
1$0$0
9 more people on this return
NameTitleHours / weekCompensation
HAYWARD GILLTRUSTEE
Trustee or director
1$0
THE HONORABLE CAROLYN MALONEYTRUSTEE
Trustee or director
1$0
KHADIJAH WATKINSTRUSTEE
Trustee or director
1$0
MADELINE NAEGLETRUSTEE
Trustee or director
1$0
MARY SUE RICHARDSONTRUSTEE
Trustee or director
1$0
MATT BARBATRUSTEE
Trustee or director
1$0
MICHAEL GEORGETRUSTEE
Trustee or director
1$0
PRISCILLA BAYLEYTRUSTEE
Trustee or director
1$0
REGINA JASLOWOUTGOING VICE CHAIR & TREASURER
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 21 people
NameTitleHours / weekCompensationOther / benefits
SHANI ANDRE MDEXCEUTIVE VICE PRESIDENT CLINICAL ADMIN
Key employee
35$322,700$23,650
SEAN T GRANAHANPRESIDENT/GENERAL COUNSEL
Officer
30$211,550$28,655
SHARI POTTERPHYSICIAN ASSISTANT
Highest-paid employee
35$196,735$38,546
MARK SETHNAMEDICAL DIRECTOR
Highest-paid employee
35$210,071$20,863
KAREN MYRIEMEDICAL DIRECTOR-ACS
Highest-paid employee
35$197,021$19,695
KIM HENEGHANPHYSCIAN ASSISTANT
Highest-paid employee
35$195,683$19,660
JANICE CRISTOBALPHYSICIAN
Highest-paid employee
35$199,577$10,849
GLORIA CARNEY JACKSONEXECUTIVE VICE PRESIDENT OF FINANCE
Officer
30$175,797$14,865
ALLISON SOKARISTRUSTEE
Trustee or director
1$0$0
ANTHONY BROWNIESECRETARY
Trustee or director, Officer
1$0$0
BARBARA LINDERTRUSTEE
Trustee or director
1$0$0
CAROL JACKSONTRUSTEE
Trustee or director
1$0$0
DAVID KOCHANOWSKYTRUSTEE
Trustee or director
1$0$0
DOMINICK DELORENZOCHAIR OF BOARD OF TRUSTEES
Trustee or director, Officer
1$0$0
EVELYN LORDTRUSTEE
Trustee or director
1$0$0
HAYWARD GILLTRUSTEE
Trustee or director
1$0$0
KHADIJAH WATKINSTRUSTEE
Trustee or director
1$0$0
MADELINE NAEGLETRUSTEE
Trustee or director
1$0$0
MICHAEL GEORGETRUSTEE
Trustee or director
1$0$0
PRISCILLA BAYLEYTRUSTEE
Trustee or director
1$0$0
REGINA JASLOWVICE CHAIR & TREASURER
Trustee or director, Officer
1$0$0

Address and contacts

Address (IRS master file)
PO BOX 8397, LONG IS CITY, NY 11101-8397
Principal officer (990 for 2024)
SEAN T GRANAHAN, 21-01 41ST AVENUE, LONG ISLAND CITY, NY 11101
Signed the 990
SEAN T GRANAHAN, PRESIDENT & GENERAL COUNSEL
Phone
(718) 784-2240
Return prepared by
COHNREZNICK ADVISORY LLC

Mission

THE HOSPITAL IS A FREE STANDING DIAGNOSTIC AND TREATMENT CENTER LICENSED UNDER ARTICLE 28 AND ARTICLE 31 OF THE NYS HEALTH LAW LOCATED IN LONG ISLAND CITY, NY. THE HOSPITAL PROVIDES A BROAD RANGE OF PRIMARY HEALTH CARE SERVICES TO A LARGELY MEDICALLY UNDERSERVED POPULATION. TFH IS ALSO A FEDERALLY QUALIFIED HEALTH CENTER WITH ALL THREE URBAN DESIGNATIONS UNDER SECTION 330.

990 for the year ended December 31, 2024

Program accomplishments

  • THE FLOATING HOSPITAL IS A LEGACY ORGANIZATION IN NYC, FOUNDED IN 1866, THAT PROVIDES CARE IN THE FORM OF TRADITIONAL HEALTHCARE, HEALTH EDUCATION, AND RELIEF (THE DISTRIBUTION OF FOOD, CLOTHES, AND HYGIENE PRODUCTS) TO THE POOREST FAMILIES. IN ADDITION, IT OPERATES CAMPS, INTERNSHIPS AND LIFE SKILLS PROGRAMS TO HELP DISRUPT THE CYCLE OF POVERTY THAT ENGULFS THOSE FAMILIES MOST AT RISK. IT IS THE LARGEST PROVIDER OF SUCH CARE TO BOTH THE CITY'S HOMELESS FAMILY, AS WELL AS THE DV SAFE HOUSE, POPULATIONS. A SIGNIFICANT PORTION OF ITS WORK IS NOT FUNDED BY GOVERNMENT INSURANCE OR OTHER GOVERNMENT-BASED FUNDING.
    Expenses $12,791,637 · revenue $8,679,993
  • IN ADDITION TO ITS HOMELESS FAMILY PROGRAMMING, THE HOSPITAL IS THE PRIMARY HEALTHCARE PROVIDER TO THOSE LIVING IN THE QUEENSBRIDGE/RAVENSWOOD HOUSES, THE LARGEST PUBLIC HOUSING COMPLEX IN NORTH AMERICA. THERE, IT PROVIDES SIMILAR CARE AND SERVICES TO THOSE IN THE HOMELESS FAMILY PROGRAMS.
    Expenses $12,791,636 · revenue $8,679,993
  • ACS MEDICAL AND DENTAL PROGRAM - TFH IS THE MEDICAL PROVIDER TO THE NYC ADMINISTRATION FOR CHILDREN'S SERVICES, WHICH HANDLES ALL ASPECTS OF YOUTH UNASSOCIATED WITH A SPECIFIC HOME LIFE AT A PARTICULAR TIME, I.E., FOSTER CHILDREN (BOTH TEMPORARY AND PERMANENT), DETAINED YOUTH, ETC. TFH PROVIDES HEALTH CARE AND HEALTH EDUCATION TO THIS MEDICALLY FRAGILE AND INNER-CITY AT-RISK POPULATION AT SITES IN THE BRONX AND BROOKLYN.
    Expenses $6,329,529

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
13-1624169
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1924
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E220)
Assets (IRS master file)
$17,021,701
Income (IRS master file)
$33,578,866

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$33,578,866$35,481,253$17,021,701IRS
990-TDecember 2024–––IRS
990December 2023$32,401,064$31,087,766$16,206,358XML
990-TDecember 2023–––IRS
990December 2022$30,271,999$30,138,362$15,495,678IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-1624169).

Questions about FLOATING HOSPITAL INC

What is the EIN of FLOATING HOSPITAL INC?
The employer identification number (EIN) of FLOATING HOSPITAL INC is 13-1624169.
Is FLOATING HOSPITAL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1924.
Are donations to FLOATING HOSPITAL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FLOATING HOSPITAL INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FLOATING HOSPITAL INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FLOATING HOSPITAL INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of FLOATING HOSPITAL INC?
The 990 for the year ended December 31, 2024 names SEAN T GRANAHAN.
Who are the officers and directors of FLOATING HOSPITAL INC?
The 990 for the year ended December 31, 2024 lists 24 people; 9 received compensation from the organization, the highest $351,154 (SHANI ANDRE MD, EXCEUTIVE VP/CMO).
How much revenue does FLOATING HOSPITAL INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $33,578,866, expenses of $35,481,253 and total assets of $17,021,701 at year end.

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