2025-11-13T12:14:11-06:00 2024-12-31 333709623 COHNREZNICK ADVISORY LLC 1301 AVENUE OF THE AMERICAS NEW YORK NY 10019 990 2024-01-01 453769292 IFH FOUNDATION IFHF 2126330800 2006 MADISON AVENUE 2ND FL NEW YORK NY 10035 NEIL S CALMAN PRESIDENT 2126330800 2025-11-13 1 1 LORI ROTHE YOKOBOSKY P01273422 2122970400 2024 2025-03-06 01:10:19Z NEIL S CALMAN 2006 MADISON AVENUE 2ND FL NEW YORK NY 10035 198527 0 X N/A X 2011 NY SEE SCHEDULE O 3 2 0 2 0 0 0 0 198527 198527 0 0 0 0 198527 198527 0 0 0 0 0 0 0 0 0 801286 835105 801286 835105 -602759 -636578 19503378 18741766 1644760 1519726 17858618 17222040 X THE IFH FOUNDATION WAS ESTABLISHED FOR PURPOSES OF DEVOTING AND APPLYING ITS ASSETS EXCLUSIVELY FOR THE SUPPORT AND BENEFIT OF THE INSTITUTE FOR FAMILY HEALTH. THE APPLICANT'S PRINCIPAL PROJECT AT THIS TIME IS THE OWNERSHIP, RENOVATION AND LEASING TO THE INSTITUTE FOR FAMILY HEALTH OF A COMMUNITY HEALTH CENTER IN HARLEM, NEW YORK COMMUNITY. FOR NEARLY THIRTY YEARS A KEY PROVIDER OF HEALTH CARE TO RESIDENTS OF THE HARLEM COMMUNITY OF NEW YORK CITY WAS NORTH GENERAL HOSPITAL. UNFORTUNATELY, NORTH GENERAL HOSPITAL ENTERED BANKRUPTCY IN 2010 AND CLOSED SHORTLY THEREAFTER. THE HOSPITAL'S CLOSURE WAS A SERIOUS BLOW TO THE HARLEM COMMUNITY. THE DORMITORY AUTHORITY OF NEW YORK ("DASNY"), A GOVERNMENTAL AGENCY THAT PROVIDES BOND FINANCING FOR NUMEROUS NON-PROFIT FACILITIES IN NEW YORK WAS A SIGNIFICANT SECURED CREDITOR OF NORTH GENERAL HOSPITAL, ACQUIRED THE HOSPITAL'S REAL PROPERTY IN THE BANKRUPTCY PROCEEDINGS. THIS SPECIAL PURPOSE SUBSIDIARY IS CALLED NGHP HOLDING CORPORATI 0 0 750182 198527 THE IFH FOUNDATION WAS ESTABLISHED FOR PURPOSES OF DEVOTING AND APPLYING ITS ASSETS EXCLUSIVELY FOR THE SUPPORT AND BENEFIT OF THE INSTITUTE FOR FAMILY HEALTH. 750182 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 2 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 0 NY X CAROLINE DICIOCCIO CFO CO IFH 2126330800 2006 MADISON AVENUE 2ND FL NEW YORK NY 10035 EDWARD M FRIED BOARD MEMBER 1.00 1.00 X 0 0 0 NEIL CALMAN PRESIDENT 1.00 38.50 X X 0 715321 37631 OLLIE BROWN-CARRINGTON BOARD MEMBER 1.00 2.00 X 0 0 0 CAROLINE DICIOCCIO VP, CHIEF FINANCIAL OFFICER 1.00 37.50 X 0 243091 14551 0 958412 52182 0 0 1 0 0 RENT INCOME 531110 198527 198527 198527 198527 198527 0 0 81647 81647 74394 74394 675788 675788 3276 3276 835105 750182 84923 0 130416 10416 26716571 8570232 18822127 18146339 550835 585011 19503378 18741766 1644760 1519726 1644760 1519726 X 17858618 17222040 17858618 17222040 19503378 18741766 -636578 0 X 0 1 X 1 0 X X 1 THE INSTITUTE FOR FAMILY HEALTH 133273402 7 1 0 750182 1 0 750182 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 259448 259448 25639072 7845191 17793881 818051 725041 93010 18146339 X 169657162 169458635 169458635 198527 0 198527 185001469 184166364 184166364 835105 0 835105 PART X, LINE 2: MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2024 AND 2023, 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. THE ORGANIZATION'S FEDERAL AND STATE TAX RETURNS PRIOR TO FISCAL YEAR 2021 ARE CLOSED. MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED ORGANIZATION'S REVENUE 169,657,162. INTERCOMPANY ELIMINATIONS -198,527. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ORGANIZATION'S EXPENSES 184,364,891. INTERCOMPANY ELIMINATIONS -198,527. 0 0 0 0 0 0 0 0 0 NEIL CALMAN PRESIDENT 0 709746 0 1000 0 4575 0 10350 0 27281 0 752952 0 0 CAROLINE DICIOCCIO VP, CHIEF FINANCIAL OFFICER 0 242091 0 1000 0 0 0 7541 0 7010 0 257642 0 0 PART I, LINE 3: ALL COMPENSATION IS DETERMINED BY A RELATED ORGANIZATION USING THE FOLLOWING: A COMPENSATION COMMITTEE OF THE FINANCE COMMITTEE WAS FORMED TO REVIEW THE RECOMMENDATIONS TO THE BOARD FOR THEIR APPROVAL. THE CEO HAS AN EMPLOYMENT IF CERTAIN COMPENSATION ARE APPROPRIATE. THOSE POSITIONS INCLUDE CEO, CFO, OF OTHER POSITIONS ARE APPROVED BY THE CEO. THE PROCESS WAS LAST UNDERTAKEN PRESIDENT/CHIEF EXECUTIVE OFFICER'S ANNUAL COMPENSATION AND PRESENT THEIRAGREEMENT. THERE IS ALSO A SALARY SURVEY DONE EVERY FEW YEARS TO DETERMINE SVP OF CLINICAL AFFAIRS AND SVP OF PLANNING AND DEVELOPMENT. COMPENSATION IN 2024 AND DOCUMENTED IN COMPENSATION COMMITTEE MEETING MINUTES. FORM 990, PART I & PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: THE IFH FOUNDATION WAS ESTABLISHED FOR PURPOSES OF DEVOTING AND APPLYING ITS ASSETS EXCLUSIVELY FOR THE SUPPORT AND BENEFIT OF THE INSTITUTE FOR FAMILY HEALTH. THE APPLICANT'S PRINCIPAL PROJECT AT THIS TIME IS THE OWNERSHIP, RENOVATION AND LEASING TO THE INSTITUTE FOR FAMILY HEALTH OF A COMMUNITY HEALTH CENTER IN HARLEM, NEW YORK COMMUNITY. FOR NEARLY THIRTY YEARS A KEY PROVIDER OF HEALTH CARE TO RESIDENTS OF THE HARLEM COMMUNITY OF NEW YORK CITY WAS NORTH GENERAL HOSPITAL. UNFORTUNATELY, NORTH GENERAL HOSPITAL ENTERED BANKRUPTCY IN 2010 AND CLOSED SHORTLY THEREAFTER. THE HOSPITAL'S CLOSURE WAS A SERIOUS BLOW TO THE HARLEM COMMUNITY. THE DORMITORY AUTHORITY OF NEW YORK ("DASNY"), A GOVERNMENTAL AGENCY THAT PROVIDES BOND FINANCING FOR NUMEROUS NON-PROFIT FACILITIES IN NEW YORK WAS A SIGNIFICANT SECURED CREDITOR OF NORTH GENERAL HOSPITAL, ACQUIRED THE HOSPITAL'S REAL PROPERTY IN THE BANKRUPTCY PROCEEDINGS. THIS SPECIAL PURPOSE SUBSIDIARY IS CALLED NGHP HOLDING CORPORATION ("NGHP"), A NEW YORK PUBLIC BENEFIT CORPORATION. TWO OF THE PROPERTIES ACQUIRED BY NGHP IN THE NORTH GENERAL HOSPITAL BANKRUPTCY ARE 1824 MADISON AVENUE, NEW YORK, NEW YORK AND 1879 MADISON AVENUE, NEW YORK, NEW YORK. THE INSTITUTE FOR FAMILY HEALTH, ALREADY WIDELY RECOGNIZED AS ONE OF THE LEADING PROVIDERS OF COMMUNITY HEALTH CARE IN NEW YORK CITY, PROPOSED TO CONVERT 1824 MADISON AVENUE INTO A FEDERALLY QUALIFIED HEALTH CENTER - COMMUNITY HEALTH CENTER. THE NEW SITE OFFICIALLY OPENED TO SERVICE THE UNDERSERVED COMMUNITY IN DECEMBER 2012. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE ORGANIZATION IS THE INSTITUTE FOR FAMILY HEALTH. FORM 990, PART VI, SECTION A, LINE 7A THE INSTITUTE FOR FAMILY HEALTH HAS THE ABILITY TO APPOINT/REMOVE THE BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B THE SOLE MEMBER SHALL HAVE THE SOLE POWER TO MAKE, ALTER, AMEND AND REPEAL THE BYLAWS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B IFH FOUNDATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND AS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION EPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, IT S REVIEWED BY EXECUTIVE MANAGEMENT OF THE PARENT ORGANIZATION, THE NSTITUTE FOR FAMILY HEALTH, PRIOR TO THE SUBMISSION OF THE RETURN. IT IS ELECTRONICALLY SENT TO THE BOARD OF DIRECTOR FOR THEIR REVIEW AND APPROVAL. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED TO THE OUTSIDE ACCOUNTANTS. EACH ISSUE IS DOCUMENTED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C IFH FOUNDATION COMPLIES WITH CONFLICT OF INTEREST POLICY OF THE PARENT ORGANIZATION: THE INSTITUTE FOR FAMILY HEALTH. THE CONFLICT OF INTEREST POLICY IS ANNUALLY MONITORED, REQUIRING ALL OF THE ORGANIZATION'S THE BOARD OF DIRECTORS, ALL MANAGEMENT AND SENIOR EMPLOYEES TO DISCLOSE ANY FINANCIAL INTEREST THAT MAY BE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST TO THE ORGANIZATION. ALL ACTUAL AND POTENTIAL CONFLICTS OF INTERESTS SHALL BE DISCLOSED BY BOARD OF DIRECTORS, ALL MANAGEMENT AND SENIOR EMPLOYEES TO THE COMPLIANCE OFFICER THROUGH THE ANNUAL DISCLOSURE FORM AND/OR WHENEVER A CONFLICT ARISES. THE DISINTERESTED MEMBERS OF THE BOARD SHALL MAKE A DETERMINATION AS TO WHETHER A CONFLICT EXISTS AND WHAT SUBSEQUENT ACTION IS APPROPRIATE (IF ANY) WITH THE INTERESTED BOARD MEMBER(S) RECUSED FROM PARTICIPATING IN DEBATES AND VOTING ON THE MATTER. THE BOARD SHALL RETAIN THE ULTIMATE ENFORCEMENT AUTHORITY WITH RESPECT TO THE INTERPRETATION AND APPLICATION OF THIS POLICY. IN ADDITION, ON AN ANNUAL BASIS THE ORGANIZATION REQUIRES ALL BOARD MEMBERS AND MEMBERS OF THE SENIOR MANAGEMENT TEAM TO SIGN A FINANCIAL CONFLICT OF INTEREST POLICY WITH THE ORGANIZATION, AND THE SIGNED POLICIES ARE DOCUMENTED IN BOARD MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLICATION INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, FORM 990, CONFLICT OF INTEREST POLICY, GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND FACULTY AND STAFF HANDBOOKS ARE AVAILABLE UPON REQUEST AT 2006 MADISON AVE, NEW YORK, NY 10035. IFH PROPERTIES LLC 2006 MADISON AVENUE NEW YORK NY 10035 364726064 HOLDS REAL ESTATE DE 198527 18741766 IFH FOUNDATION THE INSTITUTE FOR FAMILY HEALTH 2006 MADISON AVENUE FL 2 NEW YORK NY 10035 133273402 PROVIDE MEDICAL DENTAL AND PSYCHOSOCIAL SERVICES NY 501(C)(3) LINE 7 N/A 0 MID-HUDSON FAMILY HEALTH FOUNDATION 2006 MADISON AVENUE FL 2 NEW YORK NY 10035 141791535 TO SUPPORT THE OPERATION OF IFH NY 501(C)(3) LINE 12A, I THE INSTITUTE FOR FAMILY HEALTH 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 1 0 0 1 0