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FHMC INC

NEW YORK, NY · EIN 133809029 · Form 990 · FY2024 · NTEE J30 · Employment · Medium ($1M-$10M)
revenue
$2.4M
expenses
$371K
net assets
$53.9M
employees
0
volunteers
1
program ratio
99%
mission · from form 990

FHMC, INC., IS ORGANIZED TO PROVIDE FINANCIAL; TECHNICAL; REAL ESTATE HOLDING, LEASING, OPERATION AND DEVELOPMENT; MANAGEMENT; ADMINISTRATIVE; AND SIMILAR SUPPORT AND ASSISTANCE IN RESPECT TO THE ACTIVITIES AND INITIATIVES DIRECTED BY ITS SOLE MEMBER, POSTGRADUATE CENTER FOR MENTAL HEALTH.

profile · synthesized from sources

FHMC INC is a New York-based organization that provides financial, technical, real estate, management, and administrative support to its sole member, the Postgraduate Center for Mental Health. Its activities are focused on enabling the initiatives and operations of this affiliated mental health institution. The organization operates within the employment services sector as classified by the IRS.

named programs · 2 · from sources

What they call their work

Administrative and Technical Support Services
Provides centralized financial, technical, and administrative assistance to enable the initiatives of its sole member organization
Real Estate and Facilities Management
Manages, leases, and develops real estate properties to support the operations and programs of the Postgraduate Center for Mental Health
activities · 1 group

What they do

  • Health System Parent Organization 1 activity
    • Providing organizational support to Postgraduate Center for Mental Health
      Delivers financial, technical, real estate, management, and administrative support to its sole member, Postgraduate Center for Mental Health, enabling operational capacity and infrastructure stability.
financials · form 990 · fy2024
revenue
Total revenue$2.36M
Contributions & grants$00%
Program service revenue$00%
Investment income$2.36M100%
Other revenue$0
expenses
Total expenses$371K
Program expenses99%
Admin / overhead1%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$57.57M
Cash$3.42M
Investments$4.03M
Liabilities$3.65M
Net assets$53.93M
Liquid reserves241.1 mo
6 years on record · 2019–2024 · YoY revenue -5.2%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
JACOB BARAK PHD PRESIDENT CEO OF PCMH, FHMC, & CHC 9 $1.03M
DALER AMONOV CFO OF PCMH AND VP FHMC 1 $304K
board members · 1
  • ALAN HARRY POLLAK — CHAIRMAN
relationships · 1

Who they work with

  • Postgraduate Center for Mental Health Partner — Sole member organization receiving financial, technical, real estate, and administrative support