2025-11-12T11:33:38-06:00 2024-12-31 333709623 COHNREZNICK ADVISORY LLC 1301 AVENUE OF THE AMERICAS NEW YORK NY 10019 990 2024-01-01 300102842 THE FLOATING HOSPITAL FOUNDATION INC FLOA 7187842240 950 THIRD AVENUE NEW YORK NY 10022 SEAN T GRANAHAN PRESIDENT & GENERAL COUNSEL 7187842240 2025-11-11 1 1 LORI ROTHE YOKOBOSKY P01273422 2122970400 2025-11-09 2024 2025-03-06 01:10:19Z SEAN T GRANAHAN 950 THIRD AVENUE NEW YORK NY 10022 1632005 0 X WWW.THEFLOATINGHOSPITAL.ORG X 2001 NY THE ORGANIZATION IS A TYPE I SUPPORTING ORGANIZATION THAT RAISES FUNDS FOR AND SUPPORTS THE FLOATING HOSPITAL, INC. THE FLOATING HOSPITAL, INC. IS DEDICATED TO PROVIDING CHARITABLE PRIMARY HEALTH CARE SERVICES TO AN UNDERSERVED POPULATION. 15 15 7 15 0 0 1890254 1447357 0 0 1128 2548 59578 24816 1950960 1474721 0 0 0 0 402438 0 0 0 1161146 237624 1161146 640062 1161146 1310898 313575 1063582 1394583 27426 34635 1036156 1359948 THE ORGANIZATION IS A TYPE I SUPPORTING ORGANIZATION THAT RAISES FUNDS FOR AND SUPPORTS THE FLOATING HOSPITAL, INC. THE FLOATING HOSPITAL, INC. IS DEDICATED TO PROVIDING CHARITABLE PRIMARY HEALTH CARE SERVICES TO AN UNDERSERVED POPULATION. 0 0 THE FLOATING HOSPITAL FOUNDATION IS AN IRC SECTION 509(A)(3) TYPE I SUPPORTING ORGANIZATION FOR THE FLOATING HOSPITAL, INC., ONE OF NYC'S OLDEST FAMILY-CARE (HEALTHCARE AND RELIEF) CHARITY LEGACY ORGANIZATIONS. THE HOSPITAL PROVIDES CARE TO THE POOREST FAMILIES IN NYC, REGARDLESS OF THEIR ABILITY TO PAY FOR SERVICES, WHICH INCLUDE TRADITIONAL MEDICAL INTERVENTIONS AS WELL AS HEALTH EDUCATION AND THE DISTRIBUTION OF FOOD, CLOTHES, AND HYGIENE PRODUCTS. THE FOUNDATION IS ITS EXCLUSIVE FUNDRAISING ARM, AND MANAGES VOLUNTEERS, DONORS AND EVENTS. 1 1 0 0 0 0 0 0 0 0 1 1 0 1 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 7 0 1 7 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 0 1 0 0 0 1 1 1 1 1 1 1 0 0 NY X GLORIA CARNEY JACKSON 7187842240 950 THIRD AVENUE NEW YORK NY 10022 ANTHONY BROWNIE TRUSTEE 1.00 1.00 X 0 0 0 ASHLEY SANDBERG TRUSTEE 1.00 X 0 0 0 CHARLENE PROUNIS TRUSTEE 1.00 X 0 0 0 DOMINICK DELORENZO TRUSTEE 1.00 1.00 X 0 0 0 DUGLAS SEIDMAN TREASURER 1.00 X X 0 0 0 JANE FRANCISCO TRUSTEE 1.00 X 0 0 0 JOAN C BRANCACCIO CHAIR 1.00 X X 0 0 0 MADELEINE RICHARD SECRETARY 1.00 X X 0 0 0 MARIANNE ROSENBERG TRUSTEE 1.00 X 0 0 0 MARTIN TUCHMAN TRUSTEE 1.00 X 0 0 0 PATRICIA HAEGELE TRUSTEE 1.00 X 0 0 0 REGINA JASLOW TREASURER 1.00 1.00 X X 0 0 0 TANYA D FISCHE TRUSTEE 1.00 X 0 0 0 WALLYE HOLLOWAY TRUSTEE 1.00 X 0 0 0 BRENDAN HALL TRUSTEE 1.00 X 0 0 0 GLORIA CARNEY JACKSON EVP OF FINANCE 5.00 30.00 X 0 180024 15005 SEAN T GRANAHAN PRESIDENT/GENERAL COUNCIL 5.00 30.00 X 0 229570 29513 0 409594 44518 0 0 1 0 0 182015 1265342 690933 1447357 2548 2548 182100 182015 157284 24816 24816 1474721 0 0 27364 346887 346887 74733 74733 3500 3500 3823 3823 500 500 4456 4456 DONATED CLOTHING & HOUS 690683 690683 CONSUMABLE SUPPLIES 8583 8583 EVENT EXPENSES 6606 6606 DUES & SUBSCRIPTIONS 4843 4843 16532 16532 1161146 0 0 1161146 62158 62353 35575 5375 288821 351233 50908 50908 15286 5222 10064 10064 71323 104293 320261 320261 224472 490096 1063582 1394583 27426 34635 27426 34635 X 452235 1157521 583921 202427 1036156 1359948 1063582 1394583 313575 10217 0 X 0 1 X 1 0 X X 1 THE FLOATING HOSPITAL INC 131624169 7 1 0 1161146 1 0 1161146 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15286 5222 10064 10064 TFH SERVICES LLC 320261 C 320261 DUE FROM AFFILIATE 490096 490096 X 35221088 10217 33578866 33589083 1632005 -157284 -157284 1474721 37665113 36503967 36503967 1161146 0 1161146 PART X, LINE 2: MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2024, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. THE ORGANIZATION'S TAX RETURNS PRIOR TO FISCAL YEAR 2021 ARE CLOSED. PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED ORGANIZATION REVENUE 34,227,522. INTERCOMPANY ELIMINATIONS -648,656. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED AGAINST FUNDRAISING REVENUE -157,284. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ORGANIZATION EXPENSES 36,995,339. FUNDRAISING EXPENSES NETTED AGAINST FUNDRAISING REVENUE 157,284. INTERCOMPANY ELIMINATIONS -648,656. ANNUAL GALA 364115 182015 182100 82578 26964 47742 364115 182015 182100 82578 26964 47742 157284 24816 0 0 0 0 0 0 0 0 0 SEAN T GRANAHAN PRESIDENT/GENERAL COUNCIL 0 229570 0 0 0 0 0 10548 0 18965 0 259083 0 0 GLORIA CARNEY JACKSON EVP OF FINANCE 0 180024 0 0 0 0 0 7392 0 7613 0 195029 0 0 PART I, LINE 3 ALL COMPENSATION IS DETERMINED BY A RELATED ORGANIZATION USING THE FOLLOWING: TFH FOLLOWS THE NATIONAL ASSOCIATION OF COMMUNITY HEALTH CENTER GUIDELINES ON OFFICERS AND KEY EMPLOYEE'S SALARIES. IN ADDITION OTHER AGENCIES FORM 990S ARE SOMETIMES REVIEWED, AS WELL AS SALARY SURVEYS FOR HOSPITAL EXECUTIVES. THE BOARD MEETS IN A CLOSED SESSION TO ADDRESS THE ISSUE OF CEO COMPENSATION. X 690933 FMV 0 1 0 FORM 990, PART VI, SECTION A, LINE 6 THE FLOATING HOSPITAL INC. IS THE SOLE MEMBER OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A FLOATING HOSPITAL AS THE SOLE MEMBER OF THE ORGANIZATION APPOINTS THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAS NO SUBCOMMITTEES OF THE GOVERNING BOARD. FORM 990, PART VI, SECTION B, LINE 11B TAX RETURN IS PREPARED BY AN INDEPENDENT ACCOUTANT AND REVIEWED BY MANAGEMENT, A DRAFT OF THE FORM 990 IS REVIEWED WITH THE BOARD BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE ORGANIZATION REVIEWS THE POLICIES IN A BOARD MEETING AND REQUESTS THAT ALL MEMBERS OF THE BOARD OF TRUSTEES AND OFFICERS RE-SIGN THE CONFLICT OF INTEREST POLICY STATEMENT. BOARD MEMBERS ARE PROHIBITED FROM RECRUITING BOARD MEMBERS WHO ARE TFH VENDORS, SO MONITORING BEGINS WITH THE BOARD ITSELF. BOARD ORIENTATION PACKETS CONTINUE THE PROCESS. VENDORS OVER $100,000 REQUIRE BOARD NOTIFICATION WHICH IS PRIMARILY SUPPLIED BY THE FORM 990. THE ANNUAL AUDIT SERVES AS AN INDEPENDENT FINAL CHECK OF POSSIBLE CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION FOLLOWS THE NATIONAL ASSOCIATION OF COMMUNITY HEALTH CENTER GUIDELINES ON OFFICERS AND KEY EMPLOYEE'S SALARIES. IN ADDITION, OTHER AGENCIES FORM 990S ARE SOMETIMES REVIEWED. THE BOARD MEETS IN A CLOSED SESSION TO ADDRESS THE ISSUE OF CEO COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. THE FLOATING HOSPITAL INC 21-01 41ST AVE LONG ISLAND CITY NY 11101 131624169 DIAGNOSTIC AND TREATMENT CENTER NY 501(C)(3) LINE 7 N/A 0 TFH SERVICES LLC 21-01 41ST AVE LONG ISLAND CITY NY 11101 823212495 FINANCING NY THE FLOATING HOSPITAL INC RELATED -653282 8372603 0 1 0.95000 0 0 0 1 0 0 0 0 1 0 0 1 0 1 1 1 0 0 0