2024-11-14T16:59:42+00:00 2023-12-31 440160260 Forvis Mazars LLP 135 West 50th Street New York NY 10020 990 2023-01-01 202031443 1650 BLHC Services Corp 1650 7189018600 1276 FULTON AVENUE BRONX NY 10456 Victor Demarco SVP & CFO 7189018600 2024-11-14 true true Aaron Shapiro P01333816 2128127000 2024-11-14 2023 2024-10-15 13:58:12Z VICTOR G DEMARCO 1276 FULTON AVENUE BRONX NY 10456 4485993 false X N/A X 2004 NY TO PROVIDE HOUSING IN SUPPORT OF EMPLOYEES AND PROGRAMS AT BRONXCARE HEALTH SYSTEM AND BRONXCARE DR. MARTIN LUTHER KING, JR. HEALTH CENTER. 3 1 2 1 0 0 0 3487173 4485677 143 316 0 3487316 4485993 0 0 426292 392509 0 0 2517198 2609311 2943490 3001820 543826 1484173 24457135 25621935 17940549 17621176 6516586 8000759 TO PROVIDE HOUSING IN SUPPORT OF EMPLOYEES AND PROGRAMS AT BRONXCARE HEALTH SYSTEM AND BRONXCARE DR. MARTIN LUTHER KING, JR. HEALTH CENTER. false false 2846521 4485677 OPERATION OF APARTMENT HOUSING IN THE BRONX, NEW YORK IN SUPPORT OF THE EMPLOYEES AND PROGRAMS AT THE BRONXCARE HEALTH SYSTEM AND BRONXCARE DR. MARTIN LUTHER KING, JR. HEALTH CENTER. HOUSING WAS PROVIDED FOR 72 EMPLOYEES. 2846521 true false false false false false false true false true false false true false false false true false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 0 0 2 true false false false false false false false false false false false false X 3 1 false false false false true true false true true false false true true true true true true true true false NY X VICTOR DEMARCO 7189018600 1276 FULTON AVENUE BRONX NY 10456 MIGUEL A FUENTES JR PRESIDENT AND CEO 1.0 44.0 X X 0 2309674 64433 VICTOR G DEMARCO SENIOR VICE PRESIDENT AND CFO 1.0 44.0 X X 0 1079583 65626 MICHELLE A DREYER DIRECTOR 1.0 X 0 0 0 0 3389257 130059 0 false true false 0 0 RENTAL INCOME 531110 4485677 4485677 0 0 0 0 4485677 316 316 0 0 0 0 0 0 0 0 0 4485993 4485677 0 316 267896 170715 97181 1589 1560 29 123024 120752 2272 45307 45307 61467 61467 0 0 54365 43855 10510 1059895 1059895 1087207 1087207 262703 262703 38367 38367 0 0 0 0 3001820 2846521 155299 0 4629 4629 957026 1001954 18858 0 0 0 0 87709 91693 8360291 3367845 5085676 4992446 0 0 18322095 19512355 24457135 25621935 14192 78082 75513 0 0 17862467 17531471 0 0 17940549 17621176 6516586 8000759 6516586 8000759 24457135 25621935 1484173 0 X false true X true false X X 1 BronxCare Health System 131974191 3 true 0 0 1 0 0 true false false false false false false false false false false false false false false true false false true X 250000 250000 6553360 2816108 3737252 1415428 419398 996030 26501 17337 9164 115002 115002 0 4992446 DUE FROM BRONXCARE HEALTH SYSTEM 19512355 19512355 Schedule D, Part X, Line 2 ASC 740 FOOTNOTE MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part IV, Line 2b Explanation of escrow agreement THE TENANTS' SECURITY DEPOSITS ARE MAINTAINED IN ACCOUNTS SEPARATE FROM THE COMPANY'S ACCOUNTS AND INTEREST EARNED IS CREDITED TO THE TENANTS' ACCOUNTS X X X X X false true false false false false false false false MIGUEL A FUENTES JR PRESIDENT AND CEO 0 1501130 0 800139 0 8405 0 27989 0 36444 0 2374107 0 0 VICTOR G DEMARCO SENIOR VICE PRESIDENT AND CFO 0 799678 0 249000 0 30905 0 27989 0 37637 0 1145209 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation BRONXCARE HEALTH SYSTEM (BCHS), A RELATED ENTITY, USES A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, WRITTEN EMPLOYMENT CONTRACT AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE TO DETERMINE THE SALARY OF THE PRESIDENT & CEO, AND THE SENIOR VICE PRESIDENT CFO. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan MR. VICTOR G. DEMARCO PARTICIPATES IN A 457(F) PLAN. THERE WERE NO CONTRIBUTIONS TO THE PLAN DURING 2023. Form 990, Part VI, Line 6 Classes of members or stockholders THERE IS ONE MEMBER, THE CEO OF BRONXCARE HEALTH SYSTEM, WHO APPOINTS THE GOVERNING BOARD MEMBERS. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THERE IS ONE MEMBER, THE CEO OF BRONXCARE HEALTH SYSTEM, WHO APPOINTS THE GOVERNING BOARD MEMBERS. Form 990, Part VI, Line 11b Review of form 990 by governing body THE IRS FORM 990 IS REVIEWED BY MANAGEMENT AND MADE AVAILABLE TO THE BOARD OF DIRECTORS PRIOR TO FINALIZATION. ANY QUESTIONS OR CONCERNS WILL BE ADDRESSED BY MANAGEMENT. Form 990, Part VI, Line 12c Conflict of interest policy ALL PERSONS ARE COVERED UNDER THE POLICY. THE INTERNAL AUDITOR REVIEWS CONFLICT OF INTEREST STATEMENTS AND INVESTIGATES POTENTIAL CONFLICTS. LEGAL OPINIONS ARE SOUGHT WHEN NECESSARY. PERSONS WITH A CONFLICT ARE PROHIBITED FROM PARTICIPATING IN DELIBERATIONS AND DECISIONS IN RELATED TRANSACTIONS. Form 990, Part VI, Line 15a Process to establish compensation of top management official BCHS HAS A PROCESS FOR DETERMINING COMPENSATION OF OFFICERS. ALL ELEMENTS OF COMPENSATION AND BENEFITS PROVIDED TO EACH OFFICER ARE REVIEWED AND APPROVED IN ADVANCE BY THE COMPENSATION COMMITTEE (COMMITTEE) OF THE BOARD OF TRUSTEES, AND THIS REVIEW AND APPROVAL PROCESS IS CONDUCTED IN A MANNER THAT QUALIFIES FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER THE INTERMEDIATE SANCTIONS RULES OF FEDERAL INCOME TAX LAW. THE COMMITTEE CONSISTS OF THREE INDEPENDENT MEMBERS OF THE BOARD. THEY RECEIVE AND RELY ON APPROPRIATE COMPARABILITY DATA GATHERED BY AN INDEPENDENT COMPENSATION CONSULTANT FOR FUNCTIONALLY SIMILAR POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS, AND THEY PREPARE A CONTEMPORANEOUS AND THOROUGHLY WRITTEN RECORD OF THEIR DELIBERATIONS AND DECISIONS. THIS REBUTTABLE PRESUMPTION PROCESS IS CONDUCTED ANNUALLY WITH RESPECT TO ALL ELEMENTS OF EACH OFFICER'S COMPENSATION AND BENEFITS. THE LAST TIME THIS WAS DONE WAS IN 2023. THE COMMITTEE REVIEWS AND APPROVES IN ADVANCE THE INCENTIVE COMPENSATION GOALS FOR THE PRESIDENT AND CEO AND ANY OTHER OFFICER, AND ASSURES THAT TOTAL CASH COMPENSATION, INCLUDING THE INCENTIVE COMPENSATION, IS REASONABLE. THE COMMITTEE HAS EXPRESSLY DETERMINED THAT THE TOTAL COMPENSATION AND BENEFITS PROVIDED TO EACH OFFICER ARE REASONABLE, BASED ON THE REVIEW OF THE MARKET DATA PRESENTED BY THE INDEPENDENT COMPENSATION CONSULTANT AND ON THE REVIEW OF ALL OTHER RELEVANT FACTS AND CIRCUMSTANCES. THE COMPENSATION REVIEW WAS CONDUCTED BY WILLIS TOWERS WATSON LLC. Form 990, Part VI, Line 15b Process to establish compensation of other employees BCHS HAS A PROCESS FOR DETERMINING COMPENSATION OF OFFICERS. ALL ELEMENTS OF COMPENSATION AND BENEFITS PROVIDED TO EACH OFFICER ARE REVIEWED AND APPROVED IN ADVANCE BY THE COMPENSATION COMMITTEE (COMMITTEE) OF THE BOARD OF TRUSTEES, AND THIS REVIEW AND APPROVAL PROCESS IS CONDUCTED IN A MANNER THAT QUALIFIES FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER THE INTERMEDIATE SANCTIONS RULES OF FEDERAL INCOME TAX LAW. THE COMMITTEE CONSISTS OF THREE INDEPENDENT MEMBERS OF THE BOARD. THEY RECEIVE AND RELY ON APPROPRIATE COMPARABILITY DATA GATHERED BY AN INDEPENDENT COMPENSATION CONSULTANT FOR FUNCTIONALLY SIMILAR POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS, AND THEY PREPARE A CONTEMPORANEOUS AND THOROUGHLY WRITTEN RECORD OF THEIR DELIBERATIONS AND DECISIONS. THIS REBUTTABLE PRESUMPTION PROCESS IS CONDUCTED ANNUALLY WITH RESPECT TO ALL ELEMENTS OF EACH OFFICER'S COMPENSATION AND BENEFITS. THE LAST TIME THIS WAS DONE WAS IN 2023. THE COMMITTEE REVIEWS AND APPROVES IN ADVANCE THE INCENTIVE COMPENSATION GOALS FOR THE PRESIDENT AND CEO AND ANY OTHER OFFICER, AND ASSURES THAT TOTAL CASH COMPENSATION, INCLUDING THE INCENTIVE COMPENSATION, IS REASONABLE. THE COMMITTEE HAS EXPRESSLY DETERMINED THAT THE TOTAL COMPENSATION AND BENEFITS PROVIDED TO EACH OFFICER ARE REASONABLE, BASED ON THE REVIEW OF THE MARKET DATA PRESENTED BY THE INDEPENDENT COMPENSATION CONSULTANT AND ON THE REVIEW OF ALL OTHER RELEVANT FACTS AND CIRCUMSTANCES. THE COMPENSATION REVIEW WAS CONDUCTED BY WILLIS TOWERS WATSON LLC. Form 990, Part VI, Line 19 Required documents available to the public ONLY FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. MARTIN LUTHER KING JR HEALTH CENTER 1265 FRANKLIN AVENUE BRONX NY 10456 132707945 SKILLED NURSING NY 501(c)(3) 10 BRONXCARE false BRONXCARE SPECIAL CARE CENTER 1265 FRANKLIN AVENUE BRONX NY 10456 133479996 FUNDRAISING NY 501(c)(3) 10 BRONXCARE false BRONXCARE HEALTH SYSTEM NEW DIRECTIONS 1276 FULTON AVENUE BRONX NY 10456 133183084 HOSPITAL NY 501(c)(3) 7 BRONXCARE false BRONXCARE HEALTH SYSTEM 1276 FULTON AVENUE BRONX NY 10456 131974191 RENTAL APARTMENT NY 501(c)(3) 3 BRONXCARE false 1770 BLHC SERVICES CORP 1276 FULTON AVENUE BRONX NY 10456 201841933 RENTAL APARTMENT NY 501(c)(3) Type I NA false BRONX-LEBANON HIGHBRIDGE WOODYCREST CENTER 936 WOODYCREST AVENUE BRONX NY 10452 133519617 NURSING HOME NY 501(c)(3) 10 NA false BronxCare Development Corporation 3743 White Plains Road Bronx NY 10467 201556279 Real Estate Development NY BronxCare Health Systems C Corporation 2 3024 1 false false false false false false false false false false false false false false false false false true false true