ACADEMY OF MEDICINE OF QUEENS COUNTY INC

Address
112 25 QUEENS BLVD
FOREST HILLS, NY 11375-7235
Contact
Website: http://www.queensmd.org
Phone: +1 (718) 268-7300
Nonprofit
NTEE: E02 - Management and Technical Assistance
EIN: 11-2382681

Mission

TO ESTABLISH, CONDUCT, OPERATE AND MAINTAIN AN ACADEMY OF MEDICINE TO PROVIDE EDUCATIONAL OPPORTUNITIES AND TRAININGS AT THE POST-GRADUATE LEVEL FOR MEMBERS OF THE MEDICAL PROFESSION IN QUEENS COUNTY, NY.
 20152014201320122011
Basic features of the organization
Year of formation1970
Metropolitan statistical area5602
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel    $64,426.00
Sum of reportable (W2/1099) compensation    $64,426.00
Number of employees    7
Number of people compensated >$100k    0
Number of volunteers    0
Personnel
Aaronson, Paul
Title    PAST PRESIDENT
Name of key/compensated person    PAUL S AARONSON MD
Position of compensated person
Current individual trustee or director    True
Current officer    True
Average hours per week working for org    2.00
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Auguste, Louis-Joseph
Title    DIRECTOR
Name of key/compensated person    LOUIS-JOSEPH AUGUSTE MD
Position of compensated person
Current individual trustee or director    True
Average hours per week working for org    2.00
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Blenner, Deborah
Title    SECRETARY
Name of key/compensated person    DEBORAH BLENNER MD
Position of compensated person
Current individual trustee or director    True
Current officer    True
Average hours per week working for org    2.00
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Chardavoyne, Rashmae
Title    PRESIDENT
Name of key/compensated person    RASHMAE CHARDAVOYNE MD
Position of compensated person
Current individual trustee or director    True
Current officer    True
Average hours per week working for org    3.00
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Fensterer, Fred
Title    CHAIRMAN
Name of key/compensated person    FRED S FENSTERER MD
Position of compensated person
Current individual trustee or director    True
Average hours per week working for org    2.00
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Foley, Cornelius
Title    DIRECTOR
Name of key/compensated person    CORNELIUS J FOLEY MD
Position of compensated person
Current individual trustee or director    True
Average hours per week working for org    2.00
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Fougner, Arthur
Title    COUNCILOR/DIRECTOR
Name of key/compensated person    ARTHUR FOUGNER MD
Position of compensated person
Current individual trustee or director    True
Current officer    True
Average hours per week working for org    2.00
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Gasalberti, Richard
Title    DIRECTOR
Name of key/compensated person    RICHARD A GASALBERTI MD
Position of compensated person
Current individual trustee or director    True
Average hours per week working for org    2.00
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Giordano, Lorraine
Title    DIRECTOR
Name of key/compensated person    LORRAINE M GIORDANO MD
Position of compensated person
Current individual trustee or director    True
Average hours per week working for org    2.00
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Guarnaccia, Gary
Title    TREASURER
Name of key/compensated person    GARY GUARNACCIA MD
Position of compensated person
Current individual trustee or director    True
Current officer    True
Average hours per week working for org    2.00
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Khaneja, Munish
Title    ASSISTANT TREASURER
Name of key/compensated person    MUNISH KHANEJA MD
Position of compensated person
Current individual trustee or director    True
Current officer    True
Average hours per week working for org    2.00
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Kraft, Robert
Title    ASSISTANT TREASURER
Name of key/compensated person    ROBERT KRAFT MD
Position of compensated person
Current individual trustee or director    True
Current officer    True
Average hours per week working for org    2.00
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Malhotra, Sandhya
Title    PRESIDENT - ELECT
Name of key/compensated person    SANDHYA MALHOTRA MD
Position of compensated person
Current individual trustee or director    True
Current officer    True
Average hours per week working for org    2.00
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
McCormack, Leah
Title    DIRECTOR
Name of key/compensated person    LEAH S MCCORMACK MD
Position of compensated person
Current individual trustee or director    True
Average hours per week working for org    2.00
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Muratore, Joseph
Title    HISTORIAN
Name of key/compensated person    JOSEPH MURATORE MD
Position of compensated person
Current individual trustee or director    True
Current officer    True
Average hours per week working for org    2.00
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Regosin, Janine
Title    EXECUTIVE DIRECTOR
Name of key/compensated person    JANINE REGOSIN
Position of compensated person
Current officer    True
Average hours per week working for org    40.00
Reportable compensation from org    $64,426.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Richter, Michael
Title    TREASURER
Name of key/compensated person    MICHAEL RICHTER MD
Position of compensated person
Current individual trustee or director    True
Current officer    True
Average hours per week working for org    2.00
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Satterfield, James
Title    DIRECTOR
Name of key/compensated person    JAMES E SATTERFIELD MD
Position of compensated person
Current individual trustee or director    True
Average hours per week working for org    2.00
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Schlossman, Ralph
Title    DIRECTOR
Name of key/compensated person    RALPH E SCHLOSSMAN MD
Position of compensated person
Current individual trustee or director    True
Average hours per week working for org    2.00
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Skeivys, Saulius
Title    DIRECTING LIBRARIAN
Name of key/compensated person    SAULIUS J SKEIVYS MD
Position of compensated person
Current individual trustee or director    True
Current officer    True
Average hours per week working for org    2.00
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Tartell, Jay
Title    PRESIDENT
Name of key/compensated person    JAY TARTELL MD
Position of compensated person
Current individual trustee or director    True
Current officer    True
Average hours per week working for org    2.00
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Purpose: mission, activities, & accomplishments
Mission or significant activities    TO ESTABLISH, CONDUCT, OPERATE AND MAINTAIN AN ACADEMY OF MEDICINE TO PROVIDE EDUCATIONAL OPPORTUNITIES AND TRAININGS AT THE POST-GRADUATE LEVEL FOR MEMBERS OF THE MEDICAL PROFESSION IN QUEENS COUNTY, NY.
Program service expenses, total    $58,672.00
Programs, including revenue & expenses
TO PROVIDE CONTINUING MEDICAL EDUCATION AND TRAINING IN PRACTICE MANAGEMENT TO DOCTORS, NURSES AND OTHER RELATED MEDICAL PROFESSIONALS.
Program expenses    $58,672.00
Program description    TO PROVIDE CONTINUING MEDICAL EDUCATION AND TRAINING IN PRACTICE MANAGEMENT TO DOCTORS, NURSES AND OTHER RELATED MEDICAL PROFESSIONALS.
Financial data
Revenue
Total revenue    $312,756.00
Revenue from contributions (total)$0.00$700.00$0.00$0.00$0.00
Investment income, current yr    $2,120.00
Total revenue from grants, etc., current yr    $0.00
Total unrelated business revenue    $278,404.00
Other revenue, current yr    $310,636.00
Net unrelated business taxable revenue    $199,033.00
Program service revenue (total)$11,314.00$300.00$5,600.00$0.00$0.00
Gross receipts    $594,348.00
Other types of revenue
Miscellaneous revenue (total)    $10,354.00
Income from dividends, interest, and similar investments    $2,120.00
Net rental income$208,968.00$258,747.00$224,225.00$278,057.00$278,404.00
Net income from fundraising events    $21,878.00
Expense categories (totals)
Total functional expenses: sum of all    $376,036.00
Total functional expenses: program service     $58,672.00
Total functional expenses: management and general    $317,364.00
Total functional expenses: fundraising    $0.00
Fees for services
Fundraising service fees (total)    $0.00
Assets and liabilities
Total assets$1,178,607.00$1,284,417.00$1,263,034.00$1,291,015.00$1,333,959.00
Total assets, beginning of year    $1,433,773.00
Total liabilities$1,630,382.00$1,524,473.00$1,626,327.00$1,690,390.00$1,768,124.00
Total liabilities, beginning of year    $1,804,658.00
Unrestricted net assets, end of yr    -$434,165.00
Net assets    -$434,165.00
Net assets, beginning of year    -$370,885.00
Other liabilities    $228,910.00
Intangible assets    $34,067.00
Cash: non-interest bearing    $8,312.00
Cash: non-interest bearing, beginning of year    $7,786.00
Other financial variables
Revenue less expenses    -$63,280.00
Savings & temp cash investment    $399,044.00
Accounts receivable, net    $45,824.00
Prepaid expenses & deferred charges    $18,290.00
Accounts payable & accrued expenses    $15,275.00
Deferred revenue    $16,958.00
Secured mortgages and notes payable    $1,506,981.00
Total net assets or fund balances    -$434,165.00
Depreciation, depletion, amortization    $10,350.00
Governance and accountability
Number of voting members    9
Number of independent voting members    9
Accrual accounting    True
Tax year start date    2011-01-01
Tax year end date2015-12-012014-12-012013-12-012012-12-012011-12-01
Has local chapters    True
Metadata about the filing
E-return type: 990, 990EZ, or 990PF    990
Date e-filing submitted    2012-11-14
IRS schema version    2011v1.2
Filing identifier    201232279349303223
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