Nonprofit · EIN 81-0861452
MARCUS AVENUE MEDICAL PC
Tax-exempt · WESTBURY, NY 11590
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $36,232,575 | $36,232,575 | $0 | $35,318,365 | $55,898,899 | -$20,580,534 |
| December 31, 2023 | 990 | $33,044,102 | $33,050,076 | -$5,974 | $36,209,141 | $56,794,481 | -$20,585,340 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $25,187,378
- Investment income
- $0
- Other revenue
- $11,045,197
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $2,374,919
- Other salaries and wages
- $17,965,057
- Salaries, compensation and benefits (total)
- $24,706,178
- Professional fundraising fees
- $0
- Legal fees
- $16,667
- Occupancy
- $4,227,775
- Travel
- $7,589
- Depreciation
- $1,661,875
- Program services (functional)
- $31,801,768
- Management and general (functional)
- $4,430,807
Balance sheet and other
- Total assets, start of year
- $36,209,141
- Total assets, end of year
- $35,318,365
- Total liabilities, end of year
- $55,898,899
- Net assets, end of year
- -$20,580,534
- Land, buildings and equipment
- $11,445,125
- Net assets without donor restrictions
- -$20,580,534
- Gross receipts
- $36,232,575
- Employees
- 192
- Volunteers
- 0
- Year formed
- 2015
- 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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MICHAEL DOWLING | Pres & CEO Northwell Officer | 0 | $0 | $5,867,706 | $75,656 |
| MICHELE CUSACK | CFO Officer | 0 | $0 | $1,904,871 | $85,322 |
| DEBORAH SCHIFF | EVP Officer | 0 | $0 | $1,784,891 | $69,777 |
| LAURENCE KRAEMER | Asst Sec, EVP & Gen Counsel Officer | 0 | $0 | $1,607,684 | $69,777 |
| MARK SCHIFFER | Trustee/ ED Lenox Trustee or director | 0 | $0 | $1,238,155 | $54,141 |
| DANIEL BAKER | Trustee/Exec Dir Trustee or director | 0 | $0 | $915,183 | $69,731 |
| PAULA MARCHETTA | President, Secretary & Treasur Trustee or director, Officer | 50 | $863,007 | $0 | $68,217 |
| AESHITA DWIVEDI MD | Cardiologist Highest-paid employee | 50 | $812,396 | $0 | $53,287 |
| LAWRENCE HECKER | Trustee/Physician Trustee or director | 0 | $0 | $746,251 | $69,777 |
| ALAN SPIEGEL MD | Cardiologist Highest-paid employee | 50 | $700,649 | $0 | $85,322 |
| SUSAN MARGOLIS MD | Opthalmologist Highest-paid employee | 50 | $545,451 | $0 | $68,172 |
| AMY HUANG MD | Physician Highest-paid employee | 50 | $490,030 | $0 | $85,322 |
| SHAREEN MARYLES MD | Dermatologist Highest-paid employee | 50 | $524,205 | $0 | $38,550 |
| HILLEL TOBIAS | Trustee/Director Trustee or director | 50 | $499,724 | $0 | $38,550 |
| DANIEL SILVERSHEIN | Trustee/Physician Trustee or director | 50 | $410,938 | $0 | $85,322 |
2 more people on this return
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JEFFREY ENGEL | Trustee/Physician Trustee or director | 50 | $381,743 | $54,164 |
| KAREN AIMETTI | Controller Officer | 50 | $219,507 | $36,261 |
990 for the year ended December 31, 2023: 17 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MICHAEL DOWLING | Pres & CEO Northwell Officer | 0 | $0 | $8,971,932 | $70,612 |
| MICHELE CUSACK | CFO Officer | 0 | $0 | $1,617,951 | $78,507 |
| DEBORAH SCHIFF | EVP Officer | 0 | $0 | $1,376,824 | $64,679 |
| LAURENCE KRAEMER | Asst Sec, EVP & Gen Counsel Officer | 0 | $0 | $1,302,865 | $69,888 |
| MARK SCHIFFER | Trustee/ ED Lenox Trustee or director | 0 | $0 | $1,163,870 | $50,191 |
| DANIEL BAKER | Trustee/Exec Dir Trustee or director | 0 | $0 | $896,645 | $64,637 |
| PAULA MARCHETTA | President, Secretary & Treasur Trustee or director, Officer | 50 | $755,377 | $0 | $63,251 |
| LAWRENCE HECKER | Trustee/Physician Trustee or director | 0 | $0 | $734,423 | $77,990 |
| ALAN SPIEGEL | Director Highest-paid employee | 50 | $675,496 | $0 | $78,507 |
| AESHITA DWIVEDI | Director Highest-paid employee | 50 | $609,197 | $0 | $50,010 |
| SUSAN MARGOLIS | Physician Highest-paid employee | 50 | $479,567 | $0 | $63,251 |
| HILLEL TOBIAS | Trustee/Director Trustee or director | 50 | $499,724 | $0 | $36,900 |
| CATHERINE WEINBERG | Director Highest-paid employee | 50 | $478,632 | $0 | $50,790 |
| ANDREA BERGER | Physician Highest-paid employee | 50 | $469,335 | $0 | $36,900 |
| DANIEL SILVERSHEIN | Trustee/Physician Trustee or director | 50 | $420,735 | $0 | $78,507 |
| JEFFREY ENGEL | Trustee/Physician Trustee or director | 50 | $346,012 | $0 | $50,769 |
| KAREN AIMETTI | Controller Officer | 50 | $212,496 | $0 | $33,819 |
Address and contacts
- Address (IRS master file)
- 972 BRUSH HOLLOW RD 5TH FL, WESTBURY, NY 11590-1740
- In care of
- % NORTHWELL HEALTH INC
- Principal officer (990 for 2024)
- MICHAEL J DOWLING, 2000 MARCUS AVENUE, NEW HYDE PARK, NY 11042
- Signed the 990
- Michele L Cusack, EVP & CFO
- Phone
- (516) 321-6058
- Website
- WWW.NORTHWELL.EDU
Mission
MARCUS AVENUE MEDICAL PC IS PART OF NORTHWELL HEALTH, INC. ("NORTHWELL"), WHICH STRIVES TO IMPROVE THE HEALTH OF THE COMMUNITIES IT SERVES AND IS COMMITTED TO PROVIDING THE HIGHEST QUALITY CLINICAL CARE; EDUCATING THE CURRENT AND FUTURE GENERATIONS OF HEALTHCARE PROFESSIONALS; SEARCHING FOR NEW ADVANCES IN MEDICINE THROUGH THE CONDUCT OF BIOMEDICAL RESEARCH; PROMOTING HEALTH EDUCATION; AND CARING FOR THE ENTIRE COMMUNITY REGARDLESS OF THE ABILITY TO PAY.
Program accomplishments
- MARCUS AVENUE MEDICAL PC IS AN AFFILIATED MEMBER OF NORTHWELL HEALTH, INC. ("NORTHWELL") AND PART OF NORTHWELL'S MEDICAL GROUP AND AMBULATORY LINES OF SERVICE. IT STRIVES TO MAKE A MEASURABLE DIFFERENCE IN THE HEALTH STATUS OF THE COMMUNITIES IT SERVES BY PROVIDING COMPREHENSIVE HEALTH CARE REGARDLESS OF ABILITY TO PAY.Expenses $31,801,768 · revenue $25,187,378
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 81-0861452
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E11)
- Assets (IRS master file)
- $35,318,365
- Income (IRS master file)
- $36,232,575
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $36,232,575 | $36,232,575 | $35,318,365 | XML |
| 990 | December 2023 | $33,044,102 | $33,050,076 | $36,209,141 | XML |
| 990 | December 2022 | $27,324,523 | $27,324,523 | $34,324,213 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 81-0861452).
Questions about MARCUS AVENUE MEDICAL PC
- What is the EIN of MARCUS AVENUE MEDICAL PC?
- The employer identification number (EIN) of MARCUS AVENUE MEDICAL PC is 81-0861452.
- Is MARCUS AVENUE MEDICAL PC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to MARCUS AVENUE MEDICAL PC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does MARCUS AVENUE MEDICAL PC 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 MARCUS AVENUE MEDICAL PC 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 MARCUS AVENUE MEDICAL PC 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 MARCUS AVENUE MEDICAL PC?
- The 990 for the year ended December 31, 2024 names MICHAEL J DOWLING.
- Who are the officers and directors of MARCUS AVENUE MEDICAL PC?
- The 990 for the year ended December 31, 2024 lists 17 people; 10 received compensation from the organization.
- How much revenue does MARCUS AVENUE MEDICAL PC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $36,232,575, expenses of $36,232,575 and total assets of $35,318,365 at year end.
Other nonprofits in WESTBURY
- LONG ISLAND JEWISH MEDICAL CENTER EIN 11-2241326 · last filed 990 for 2024
- NORTH SHORE UNIVERSITY HOSPITAL EIN 11-1562701 · last filed 990 for 2024
- NORTHWELL HEALTHCARE INC EIN 11-2965586 · last filed 990 for 2024
- LENOX HILL HOSPITAL EIN 13-1624070 · last filed 990 for 2024
- STATEN ISLAND UNIVERSITY HOSPITAL EIN 11-2868878 · last filed 990 for 2024
- SOUTH SHORE UNIVERSITY HOSPITAL EIN 11-1667761 · last filed 990 for 2024
- NORTHWELL HEALTH LABORATORIES EIN 11-3412370 · last filed 990 for 2024
- HUNTINGTON HOSPITAL ASSOCIATION EIN 11-1630914 · last filed 990 for 2024