Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 1924.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
90 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
24 people listed on the 990; $2.1M paid to officers and key staff.
Shani Andre MD’s $351K as Exceutive VP/CMO is at the 57th percentile of top reported officer pay among 2901 $10–100M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Shani Andre MD | $351,154 | $322,700 | $302,648 | $309,830 | $259,954 |
| Jonathan Zimmerman | $287,967 | — | — | — | — |
| Shari Potter | $239,975 | $196,735 | — | — | — |
| Mark Sethna | $219,335 | $210,071 | $230,349 | $192,270 | $193,370 |
| Kim Heneghan | $229,709 | $195,683 | $178,534 | — | — |
| Sean T Granahan | $229,570 | $211,550 | $211,365 | $191,859 | $209,837 |
| Otuodichinma Nwankpa | $214,835 | — | — | — | — |
| Janice Cristobal | — | $199,577 | $196,100 | $186,437 | $167,429 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Provides free primary healthcare and diagnostic services to underserved communities.
Questions for Floating Hospital INC
Your first name shows with your question. Floating Hospital INC answers here, for everyone.
Know this org? Add your story
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 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.
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.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $633K | $873K |
| InvestmentsLn 11–13 | $17K | $17K |
| Land, buildings, equipmentLn 10c | $2.0M | $2.1M |
| Total assetsLn 16 | $16.2M | $17.0M |
| LiabilitiesLn 26 | $6.5M | $9.3M |
| Net assetsLn 32 | $9.7M | $7.8M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $1.0M | $907K | $114K | |
| Other salaries and wagesLn 7 | $15.5M | $13.7M | $1.8M | |
| Pension plan contributionsLn 8 | $395K | $363K | $32K | |
| Other employee benefitsLn 9 | $3.0M | $2.8M | $245K | |
| Payroll taxesLn 10 | $1.6M | $1.4M | $126K | |
| Legal feesLn 11b | $84K | $16K | $68K | |
| Accounting feesLn 11c | $173K | $32K | $140K | |
| Lobbying feesLn 11d | $40K | $40K | ||
| Other fees for servicesLn 11g | $2.3M | $2.1M | $190K | |
| Advertising and promotionLn 12 | $17K | $15K | $2K | |
| Office expensesLn 13 | $267K | $223K | $45K | |
| OccupancyLn 16 | $973K | $712K | $261K | |
| TravelLn 17 | $233K | $226K | $7K | |
| Conferences, conventions and meetingsLn 19 | $43K | $16K | $27K | |
| InterestLn 20 | $116K | $116K | ||
| Depreciation, depletion and amortizationLn 22 | $576K | $401K | $174K | |
| InsuranceLn 23 | $1.3M | $1.2M | $80K | |
| Other expenses (24a–d)Ln 24 | $6.8M | $6.6M | $191K | |
| All other expensesLn 24e | $1.1M | $990K | $88K | |
| Total functional expensesLn 25 | $35.5M | $31.9M | $3.6M | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $33.6M | $35.5M | −$1.9M | $7.8M | 990 PDF |
| FY2023 | $32.4M | $31.1M | $1.3M | $9.7M | 990 PDF |
| FY2022 | $30.3M | $30.1M | $134K | $8.3M | 990 PDF |
| FY2021 | $29.3M | $27.8M | $1.5M | $8.2M | 990 PDF |
| FY2020 | $26.9M | $23.7M | $3.2M | $6.7M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $33,578,866 revenue, 12 lines filed
Part VI · Governance 15 of 15 board members independent, no flags
Part VIII · Statement of revenue $33,578,866 across 9 lines filed
Part IX · Statement of functional expenses $35,481,253 across 19 lines filed
Part X · Balance sheet $17,021,701 assets, 19 lines filed
Part XI · Reconciliation of net assets $7,760,131 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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