NORTHEAST MEDICAL GROUP INC

EIN: 061330992 501(c)(3)

STRATFORD, CT

Total Revenue
$646,981,106
Total Expenses
$643,491,122
Total Assets
$117,817,471
Net Assets
$12,639,676
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Organization Details

Formation Year
1991
Legal Domicile
CT
Principal Officer
GAIL KOSYLA
Phone
2036882603
Tax Period
2023-10-01 to 2024-09-30

NORTHEAST MEDICAL GROUP INC, founded in 1991, is a major nonprofit that reported $647.0M in total revenue in fiscal year 2023.

Mission

TO RENDER MEDICAL TREATMENT TO PATIENTS WITHOUT REGARD TO ABILITY TO PAY FOR SUCH TREATMENT, AND TO PROMOTE A HIGH QUALITY OF MEDICAL CARE AND OTHER SERVICES FOR THE BENEFIT OF ALL PERSONS IN THE COMMUNITIES IT SERVES.

Program Service Accomplishments

Program 1
Expenses: $569,592,564 Revenue: $646,012,700

NORTHEAST MEDICAL GROUP (NEMG) IS A NOT-FOR-PROFIT MULTISPECIALTY MEDICAL FOUNDATION ESTABLISHED IN 2010. NEMG INTEGRATES PHYSICIANS ACROSS YALE NEW HAVEN HEALTH SYSTEM AND HELPS PROVIDE MORE...

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NORTHEAST MEDICAL GROUP (NEMG) IS A NOT-FOR-PROFIT MULTISPECIALTY MEDICAL FOUNDATION ESTABLISHED IN 2010. NEMG INTEGRATES PHYSICIANS ACROSS YALE NEW HAVEN HEALTH SYSTEM AND HELPS PROVIDE MORE COORDINATED, COMPREHENSIVE, SAFE AND HIGH-QUALITY HEALTH CARE FOR PATIENTS ACROSS THE ENTIRE CONTINUUM PRIMARY, SPECIALTY, INPATIENT, OUTPATIENT, REHABILITATIVE AND PREVENTIVE CARE. NEMG REPRESENTS MORE THAN 150 LOCATIONS AND 1,500 MEDICAL PROFESSIONALS AFFILIATED WITH BRIDGEPORT, GREENWICH, LAWRENCE + MEMORIAL, WESTERLY AND YALE NEW HAVEN HOSPITALS. THE NATIONAL COMMITTEE FOR QUALITY ASSURANCE (NCQA) AWARDED PATIENT-CENTERED MEDICAL HOME (PCMH) RECERTIFICATION TO 44 NORTHEAST MEDICAL GROUP PRIMARY CARE SITES. A PCMH USES A TEAM-BASED APPROACH TO MEETING PATIENTS' HEALTHCARE NEEDS. LED BY A PRIMARY CARE PHYSICIAN, THE TEAM MAY INCLUDE PHYSICIAN ASSISTANTS, ADVANCED PRACTICE REGISTERED NURSES, MEDICAL ASSISTANTS, NURSES AND CARE COORDINATORS. THE MEDICAL HOME MODEL DELIVERS COMPREHENSIVE, PERSONALIZED CARE IN A WAY THAT IS ACCESSIBLE TO THE PATIENT. TO IMPROVE PATIENT ACCESS TO AMBULATORY SERVICES, INCLUDING PRIMARY CARE, WALK-IN CARE AND URGENT CARE, NEMG INCREASED STAFFING AND HOURS AT THE NEW HAVEN AND BRIDGEPORT REGION WALL-IN CENTERS AS WELL AS THE VIDEO CARE ONDEMAND SERVICE.DURING THE YEAR, NEMG FOCUSED ON INITIATIVES TO IMPROVE THE PATIENT EXPERIENCE, AS REPORTED THROUGH PATIENT SATISFACTION SURVEYS. ACTIVITIES INCLUDED THE INSTALLATION OF A PATIENT REGISTRATION KIOSK AT A HIGH VOLUME SITE THAT ALLOWED PATIENTS, IF THEY CHOSE, TO CHECK IN QUICKLY AND PAY CO-PAYS. SIXTY-FOUR PERCENT OF PATIENTS USED THE KIOSK SUCCESSFULLY UPON LAUNCH.ALSO, RESPONDING TO PATIENTS' NEED FOR TRAINED MEDICAL INTERPRETERS TO FACILITATE CLEAR, ACCURATE COMMUNICATION BETWEEN THE PATIENT AND HEALTHCARE PROVIDERS, NEMG'S LANGUAGE SERVICES INTRODUCED A SYSTEM OF REMOTE INTERPRETING AS WELL AS OVER-THE-PHONE INTERPRETING SERVICES. THE ADDITION OF QUALIFIED MEDICAL INTERPRETER SERVICES IMPROVED COMMUNICATION AMONG PATIENTS WITH LIMITED ENGLISH PROFICIENCY, ENHANCED COMPLIANCE WITH THE CARE PLAN, AND REDUCED RISK OF MEDICAL ERROR.AS PART OF YALE NEW HAVEN HEALTH SYSTEM, NEMG ADOPTED A NEW SAFETY EVENT MANAGEMENT SYSTEM FOR FASTER, MORE ACCURATE REPORTING TO IMPROVE PATIENT SAFETY AND QUALITY OF CARE. THE SYSTEM STREAMLINED INCIDENT REPORTING AND ANALYSIS, PROVIDED REAL-TIME ALERTS FOR IMMEDIATE ACTION, AND PROVIDED MORE ROBUST ANALYTICS AND INTUITIVE REPORTING. NEMG TOOK AN ACTIVE PUBLIC SERVICE ROLE IN NATIONAL HEALTHCARE DECISIONS DAY TO INCREASE AWARENESS OF THE IMPORTANCE OF ADVANCED CARE PLANNING AMONG THE PUBLIC AS WELL AS HEALTHCARE PROVIDERS. THE COMMUNITY SERVICE CAMPAIGN INCLUDED LECTURES AND INFORMATION TABLES AT NEMG AMBULATORY SITES AND THE HEALTH SYSTEM HOSPITALS. TO ENSURE THAT PATIENTS HAVE THE RESOURCES THEY NEED TO ACHIEVE OR MAINTAIN A HEALTHY LIFESTYLE, NEMG PROVIDERS INCORPORATED SCREENING QUESTIONS WITH INTAKE INFORMATION TO BETTER ASSESS PATIENTS' SOCIAL DRIVERS OF HEALTH THE FACTORS RELATED TO FOOD, HOUSING, TRANSPORTATION AND UTILITIES. PATIENTS WHO SCREENED POSITIVE FOR ANY OF THESE NEEDS WERE MATCHED WITH A COMMUNITY RESOURCE LIST WITH THEIR AFTER-VISIT SUMMARIES AND IN THEIR ELECTRONIC HEALTH RECORD. THE RESOURCE LIST WAS CUSTOMIZED TO THE PATIENT BASED ON AGE, GENDER, ADDRESS, AND PREFERRED LANGUAGE. NEMG STAFF ALSO COORDINATED A NUMBER OF EVENTS TO SUPPORT THE COMMUNITIES IN THEIR PRACTICE REGIONS RANGING FROM BOOK DRIVES FOR MIDDLE SCHOOLS, FOOD DRIVES FOR COMMUNITY KITCHENS, AND PERSONAL SUPPLIES FOR HOMELESS SHELTERS.

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Trantor Score

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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 $646,012,700
Investment Income $929,964
Other Revenue $38,442
TOTAL REVENUE $646,981,106

Expense Breakdown

Grants Paid $0
Salaries & Benefits $417,551,398
Fundraising Expenses $0
Program Expenses $569,592,564
Other Expenses $225,939,724
TOTAL EXPENSES $643,491,122

Year-over-Year Comparison

2023 2022 Change
Revenue $646,981,106 $622,038,542 +0.0%
Expenses $643,491,122 $618,960,667 +0.0%
Net Income $3,489,984 $3,077,875 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
3
Independent Members
N/A
Employees
2963
Volunteers
1

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
5
$5,483,936
Total Directors
5
$5,614,233
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAMELA SUTTON-WALLACE SECRETARY/TRUSTEE 1.00
Officer Director
$0 $582,147 $2,254,273
THOMAS BALCEZAK TRUSTEE (CURRENT YR COMP) 1.00
Director
$0 $534,358 $2,171,362
THOMAS BALCEZAK TRUSTEE (VESTED DEFERRED) 1.00
Director
$0 $0 $167,594
AMIT KHANNA PHYSICIAN 40.00
Highest
$932,390 $49,801 $982,191
GAIL KOSYLA TREASURER 1.00
Officer
$0 $407,968 $1,543,615
AMIT LAHAV PHYSICIAN 40.00
Highest
$2,041,678 $50,119 $2,091,797
MICHAEL GAZES PHYSICIAN 40.00
Highest
$1,491,101 $52,432 $1,543,533
WILLIAM ASELTYNE ASSOC SEC (CURRENT YR COMP) 1.00
Officer
$0 $193,425 $1,450,910
WILLIAM ASELTYNE ASSOC SEC (VESTED DEFERRED) 1.00
Officer
$0 $0 $235,138
STEVEN KARDOS PHYSICIAN 40.00
Highest
$1,205,421 $52,707 $1,258,128
DAVID BRILL PHYSICIAN 40.00
Highest
$1,004,042 $44,870 $1,048,912
RICHARD GOLDSTEIN TRUSTEESVP PHYSICIAN ENT, TRUSTEE 39.00
Director
$872,129 $148,875 $1,021,004
PATRICK GREEN FORMER TRUSTEE (CURRENT YR COMP) 0.00
$0 $219,082 $835,885
PATRICK GREEN FORMER TRUSTEE (VESTED DEFERRED) 0.00
$0 $0 $157,810
JENNIFER WILLCOX FORMER OFFICER 0.00
$0 $0 $192,254
MARGARET MCGOVERN PRESIDENT/TRUSTEE 1.00
Officer 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
2024 $646,981,106 $643,491,122 $117,817,471 $3,489,984
2023 $622,038,542 $618,960,667 $125,917,200 $3,077,875
2022 $560,798,299 $557,921,895 $125,847,440 $2,876,404
2021 $520,118,804 $510,651,510 $99,889,150 $9,467,294
2020 $477,080,452 $482,197,487 $125,652,099 $-5,117,035
2019 $464,492,160 $452,100,930 $73,156,354 $12,391,230
2018 $422,633,292 $415,043,734 $55,247,447 $7,589,558
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