NEW HAVEN COUNTY MEDICAL ASSOCIATION INC

EIN: 060756833

TRENTON, NJ

Total Revenue
$251,722
Total Expenses
$254,331
Total Assets
$452,684
Net Assets
$440,324
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1950
Legal Domicile
CT
Principal Officer
STEVEN SAUNDERS
Phone
8603652400
Tax Period
2023-01-01 to 2023-12-31

NEW HAVEN COUNTY MEDICAL ASSOCIATION INC, founded in 1950, is a small nonprofit that reported $252K in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum.

Mission

ENHANCE THE ROLE OF MEDICINE AND HEALTHCARE IN NEW HAVEN COUNTRY, CONNECTICUT AND SURROUNDING COMMUNITIES

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $119,360
Investment Income $2,975
Other Revenue $129,387
TOTAL REVENUE $251,722

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $254,331
TOTAL EXPENSES $254,331

Year-over-Year Comparison

2023 2022 Change
Revenue $251,722 $183,975 +0.4%
Expenses $254,331 $185,004 +0.4%
Net Income $-2,609 $-1,029 +1.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
27
Independent Members
27
Employees
N/A
Volunteers
50

Governance Policies

✓ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
9
$0
Total Directors
27
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVEN SAUNDERS MD MBA FACP PRESIDENT 1.00
Officer Director
$0 $0 $0
G DAVIS GAMMON MD PRESIDENT-ELECT 1.00
Officer Director
$0 $0 $0
LYDIA AOUN BARAKATMD VICE-PRESIDENT 1.00
Officer Director
$0 $0 $0
ELSA L STONE MD TREASURER 1.00
Officer Director
$0 $0 $0
MARIA STACK MD SECRETARY 1.00
Officer Director
$0 $0 $0
MATTHEW ELLMAN MD IMMEDIATE PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
EMILY NOLFO MD COUNCILOR 1.00
Officer Director
$0 $0 $0
DEBORAH DYETT DESIR MD ASSOCIATE COUNCILOR 1.00
Officer Director
$0 $0 $0
BRIAN KEYES MD ASSOCIATE COUNCILOR 1.00
Officer Director
$0 $0 $0
JAY SOKOLOW MD PAST PRESIDENT AT-LARGE 1.00
Director
$0 $0 $0
STEVE WOLFSON PAST PRESIDENT AT-LARGE 1.00
Director
$0 $0 $0
JOSHUA COPEL MD EXECUTIVE COMMITTEE MEMBER AT-LARGE 1.00
Director
$0 $0 $0
LISA FREED MD EXECUTIVE COMMITTEE MEMBER AT-LARGE 1.00
Director
$0 $0 $0
FARID JADBABAIE MD EXECUTIVE COMMITTEE MEMBER AT-LARGE 1.00
Director
$0 $0 $0
KATHERINE KIKI KENNEDY MD EXECUTIVE COMMITTEE MEMBER AT-LARGE 1.00
Director
$0 $0 $0
ANDREA NEEDLEMAN MD EXECUTIVE COMMITTEE MEMBER AT-LARGE 1.00
Director
$0 $0 $0
G DAVIS GAMMON MD DIRECTOR - BOARD OF GOVERNORS 1.00
Director
$0 $0 $0
HAMID MOJIBIAN MD DIRECTOR - BOARD OF GOVERNORS 1.00
Director
$0 $0 $0
SANDIP MUKHERJEE MD DIRECTOR - BOARD OF GOVERNORS 1.00
Director
$0 $0 $0
ELENA RATNER MD DIRECTOR - BOARD OF GOVERNORS 1.00
Director
$0 $0 $0
RON VENDER MD DIRECTOR - BOARD OF GOVERNORS 1.00
Director
$0 $0 $0
NAMITA WIJESEKERA MD DIRECTOR - BOARD OF GOVERNORS 1.00
Director
$0 $0 $0
ADAM MAYERSON DIRECTOR - BOARD OF GOVERNORS 1.00
Director
$0 $0 $0
DAVID HASS MD IMMEDIATE PAST PRESIDENT CSMS 1.00
Director
$0 $0 $0
RON ADELMAN MD PAST PRESIDENT CSMS 1.00
Director
$0 $0 $0
STEVEN THORNQUIST MD AMA DELEGATE 1.00
Director
$0 $0 $0
MICHAEL VIRATA MD ALTERNATE AMA DELEGATE 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $251,722 $254,331 $452,684 $-2,609
2022 $183,975 $185,004 $434,124 $-1,029
2021 $195,419 $156,605 $480,446 $38,814
2020 $197,325 $153,007 $427,966 $44,318
2019 $189,816 $244,654 $349,508 $-54,838
2018 $219,414 $182,406 $404,346 $37,008
2017 $291,899 $204,286 $372,279 $87,613
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