SUFFOLK COUNTY MEDICAL SOCIETY INC

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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

1960

Legal Domicile

Phone

6316628387

Tax Period

2024-01-01 to 2024-12-31

SUFFOLK COUNTY MEDICAL SOCIETY INC, founded in 1960, is a small nonprofit that reported $164K in total revenue in fiscal year 2024. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $253K exceeded revenue, resulting in a 54% operating deficit.

Mission

Establishing Highest Standards of Practice Of Medicine In Suffolk County And Advance Medical Science And To Promote Networking Among Physicians.

Program Service Accomplishments

Program 1

Establishing Highest Standards of Practice Of Medicine In Suffolk County And Advance Medical Science And To Promote Networking Among Physicians.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $163,982

Investment Income $0

Other Revenue $0

TOTAL REVENUE $163,982

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $252,974

TOTAL EXPENSES $252,974

Year-over-Year Comparison

	2024	2023	Change
Revenue	$163,982	$326,188	-0.5%
Expenses	$252,974	$248,156	+0.0%
Net Income	$-88,992	$78,032	-2.1%

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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Frank Dowling	At Large	5.00	Director	$0	$0	$0
Youseff Hassoun	Treasurer	5.00	Officer Director	$0	$0	$0
Juan Acosta	Secretary	5.00	Officer Director	$0	$0	$0
David Eagle	Vice President	5.00	Officer Director	$0	$0	$0
Daniel Choi MD	At Large	5.00	Director	$0	$0	$0
Leslie Marino	Past President	5.00	Officer Director	$0	$0	$0
William Sellers DO	President	5.00	Officer Director	$0	$0	$0
Deborah Blenner	President-Elect	5.00	Officer Director	$0	$0	$0
Maria Basile	At Large	5.00	Director	$0	$0	$0
Nicole Gerberg	Executive Dir.	40.00	Officer	$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	$163,982	$252,974	$1,171,413	$-88,992
2023	$326,188	$248,156	$1,194,393	$78,032
2022	$364,100	$200,795	$1,044,624	$163,305
2021	$314,783	$193,640	$1,119,422	$121,143
2020	$334,248	$270,895	$1,052,910	$63,353
2019	$399,632	$295,607	$931,611	$104,025
2018	$384,854	$313,236	$879,988	$71,618