Holy Name Ems FY2020 filing

Tax-deductible

Teaneck, NJ501(c)(3)Since 2010EIN 27-0294681

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To provide emergency medical services to the community in support of Holy Name medical center, a related internal revenue code section 501(c)(3) tax-exempt organization.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
$314K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $1.3M a year · 25% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$314K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$4.7M
428% of total assets
Concern: liabilities are 428% of assets; over 80%.
Pt X · Ln 26
Independent board members
15
of 19 voting members
Looks good: 15 of 19 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.8M
Spent
$4.4M
To programs
88%
Net assets
−$3.6M
By yearFY2020–FY2024
Revenue
$3.8M
FY2020
Revenue by fiscal year
FY2020$3.8M
FY2021$4.3M
FY2022$4.6M
FY2023$5.6M
FY2024$6.9M
Expenses
$4.4M
FY2020
Expenses by fiscal year
FY2020$4.4M
FY2021$4.6M
FY2022$5.9M
FY2023$7.6M
FY2024$9.1M
Net assets
−$3.6M
FY2020
Net assets by fiscal year
FY2020−$3.6M
FY2021−$3.9M
FY2022−$5.2M
FY2023−$7.2M
FY2024−$9.4M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1946.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $3.9M Management & general 12% · $515K

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

23 people listed on the 990; $314K paid to officers and key staff.

Part VII, Section A · reportable compensation
Manager of Ems
$109,102Pt VII · Sec A
Paramedic
$103,458Pt VII · Sec A
$101,748Pt VII · Sec A
$0Pt VII · Sec A
Chairperson - Trustee
$0Pt VII · Sec A
Vice Chairperson - Trustee
$0Pt VII · Sec A
Secretary - Trustee
$0Pt VII · Sec A
Treasurer - Trustee
$0Pt VII · Sec A

Compensation history total reportable pay by year · 7 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
John J Economou$166,237$116,074$105,606—$101,748
Shannon Vassallo$153,635$121,400———
Derek R Tesauro$144,795$144,072$105,849——
Eric Frielink$143,891$127,687———
James Fox$126,466$124,823———
Mark Veenema——$118,517$107,021$109,102
Kathie Gerity———$100,020$103,458

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 emergency medical services to the community.

Provided by the organization

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1 program · $3.9M · in their own filed words · FY2020
01

Expenses incurred in supporting the charitable purposes, programs and services of holy name medical center; a related internal revenue code section 501(c)(3) tax-exempt hospital organization, which provides medically necessary healthcare services to all individuals regardless of race, color, creed, sex, national origin or ability to pay.

$3.9Mprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$3.8M
Ln 12
Fees for servicesLn 2g$3.4M
Gifts and grantsLn 1h$378K
Money outPt IX
$4.4M
Ln 25
Programscol B$3.9M
Managementcol C$515K
Owns and owesPt X
−$3.6M
net assets · Ln 32
Cash and savingsLn 1–2$397K
Total assetsLn 16$1.1M
LiabilitiesLn 26$4.7M
PeoplePt VI, VII
23
listed · VII A
PaidVII A3
Voting boardVI 1a19
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$378K
Government grantsLn 1e$378K
Fees for servicesLn 2g$3.4M
Gains on assetsLn 7$0
Total revenueLn 12$3.8M
Assets in detailPt X, end of year
CashLn 1$397K
SavingsLn 2$0
Cash and savings togetherLn 1–2$397K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$309K
Other assetsLn 15$324K
Total assetsLn 16$1.1M
LiabilitiesLn 26$4.7M
Net assetsLn 32−$3.6M
OperationsPt I, VI
EmployeesI 597
VolunteersI 613
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$455K$397K
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$394K$309K
Total assetsLn 16$993K$1.1M
LiabilitiesLn 26$4.0M$4.7M
Net assetsLn 32−$3.0M−$3.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$2.5M$2.2M$296K$0
Pension plan contributionsLn 8$41K$36K$5K
Other employee benefitsLn 9$203K$179K$24K
Payroll taxesLn 10$214K$189K$25K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$642K$567K$75K$0
Advertising and promotionLn 12$0
Office expensesLn 13$98K$86K$11K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$115K$102K$13K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$715$631$84
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$115K$102K$13K
InsuranceLn 23$220K$194K$26K
Other expenses (24a–d)Ln 24$221K$195K$26K$0
Total functional expensesLn 25$4.4M$3.9M$515K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $6.9M$9.1M−$2.1M−$9.4M 990 PDF
FY2023 $5.6M$7.6M−$2.0M−$7.2M 990 PDF
FY2022 $4.6M$5.9M−$1.4M−$5.2M 990 PDF
FY2021 $4.3M$4.6M−$254K−$3.9M 990 PDF
FY2020 Viewing $3.8M$4.4M−$606K−$3.6M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $3,798,596 across 9 lines filed
VIII-1e Government grants$378,000
VIII-1h Total contributions, gifts and grants$378,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,420,596$3,420,596
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $3,420,596$3,798,596
Part IX · Statement of functional expenses $4,404,813 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $2,239,020 · Management $296,389 · Fundraising $0$2,535,409
IX-8 Pension plan contributionsPrograms $36,045 · Management $4,771$40,816
IX-9 Other employee benefitsPrograms $178,935 · Management $23,687$202,622
IX-10 Payroll taxesPrograms $188,966 · Management $25,014$213,980
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $567,222 · Management $75,086 · Fundraising $0$642,308
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $86,217 · Management $11,413$97,630
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 TravelPrograms $101,886 · Management $13,488$115,374
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $631 · Management $84$715
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $101,903 · Management $13,490$115,393
IX-23 InsurancePrograms $194,015 · Management $25,682$219,697
IX-24 Other expenses (24a–d)Programs $195,052 · Management $25,817 · Fundraising $0$220,869
IX-25 Total functional expensesPrograms $3,889,892 · Management $514,921 · Fundraising $0$4,404,813
Part X · Balance sheet $1,105,424 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $454,727$396,512
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $102,349$43,321
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $37,443$32,605
X-10c Land, buildings and equipment, netStart of year $393,907$309,316
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $4,245$323,670
X-16 Total assetsStart of year $992,671$1,105,424
X-17 Accounts payable and accrued expensesStart of year $460,732$549,114
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $3,553,799$4,184,387
X-26 Total liabilitiesStart of year $4,014,531$4,733,501
X-27 Net assets without donor restrictionsStart of year −$3,021,860−$3,628,077
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year −$3,021,860−$3,628,077
X-33 Total liabilities and net assetsStart of year $992,671$1,105,424
Part XI · Reconciliation of net assets −$3,628,077 net assets at year end
XI-1 Total revenue$3,798,596
XI-2 Total expenses$4,404,813
XI-3 Revenue less expenses−$606,217
XI-4 Net assets at start of year−$3,021,860
XI-10 Net assets at end of year−$3,628,077

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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