NASSAU-SUFFOLK HOSPITAL SHARED SER… - Form 990 Financial Data

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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

1981

Legal Domicile

Principal Officer

WENDY DARWELL

Phone

6314353000

Tax Period

2024-01-01 to 2024-12-31

NASSAU-SUFFOLK HOSPITAL SHARED SERVICES INC, founded in 1981, is a small nonprofit in the Health Care sector that reported $108K in total revenue in fiscal year 2024. Revenue surged 459% from the prior year, signaling strong growth momentum. The organization ran a surplus of $60K, a strong 55% operating margin.

Mission

TO PROVIDE GROUP PURCHASING CONTRACTS ON VARIOUS HOSPITAL PRODUCTS, SERVICES AND EQUIPMENT TO ITS MEMBER HOSPITALS.

Program Service Accomplishments

Program 1

Expenses: $47,911 Revenue: $0

NASSAU SUFFOLK HOSPITAL SHARED SERVICES PROVIDES COOPERATIVE HOSPITAL SERVICES FOR MEMBER HOSPITALS.

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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 $52,078

Program Service Revenue $0

Investment Income $56,364

Other Revenue $0

TOTAL REVENUE $108,442

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $47,911

Other Expenses $48,421

TOTAL EXPENSES $48,421

Year-over-Year Comparison

	2024	2023	Change
Revenue	$108,442	$19,385	+4.6%
Expenses	$48,421	$18,188	+1.7%
Net Income	$60,021	$1,197	+49.1%

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

Employees

N/A

Volunteers

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

$663,558

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MS CAROL GOMES	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
PATRICK O'SHAUGHNESSY DO	BOARD MEMBER	1.00	Director	$0	$0	$0
MS KERRI A SCANLON	BOARD MEMBER	1.00	Director	$0	$0	$0
MS RUTH HENNESSEY	BOARD MEMBER(UNTIL 02/29/24)	1.00	Director	$0	$0	$0
DR JUSTIN LUNDBYE MD	BOARD MEMBER(AS OF 02/29/24)	1.00	Director	$0	$0	$0
DR NICK FITTERMAN MD	BOARD MEMBER	1.00	Director	$0	$0	$0
DR MARC ADLER MD	BOARD MEMBER	1.00	Director	$0	$0	$0
MR JASON TAN	BOARD MEMBER	1.00	Director	$0	$0	$0
MR KEVIN MCGEACHY	BOARD MEMBER	1.00	Director	$0	$0	$0
MR JOSEPH MANOPELLA	BOARD MEMBER	1.00	Director	$0	$0	$0
MR CHRISTOPHER NELSON	BOARD MEMBER	1.00	Director	$0	$0	$0
DR ADHI SHARMA MD	BOARD MEMBER	1.00	Director	$0	$0	$0
MR JONATHAN SENDACH	BOARD MEMBER	1.00	Director	$0	$0	$0
DR ANTHONY BOUTIN MD	BOARD MEMBER(UNTIL 01/12/24)	1.00	Director	$0	$0	$0
MS MEGAN RYAN	BOARD MEMBER(AS OF 01/12/24)	1.00	Director	$0	$0	$0
DR JOSEPH GRECO MD	BOARD MEMBER	1.00	Director	$0	$0	$0
DR AMY LOEB EDD RN	BOARD MEMBER	1.00	Director	$0	$0	$0
MR MICHAEL FENER	BOARD MEMBER(UNTIL 01/19/24)	1.00	Director	$0	$0	$0
MR PAUL CONNOR III	BOARD MEMBER	1.00	Director	$0	$0	$0
MS EMILY MASTALER	BOARD MEMBER(AS OF 05/20/24)	1.00	Director	$0	$0	$0
DR FREDRIC WEINBAUM MD	BOARD MEMBER	1.00	Director	$0	$0	$0
MS DONNA MORAVICK	BOARD MEMBER (UNTIL 01/02/24)	1.00	Director	$0	$0	$0
MS IRENE MAYCK	BOARD MEMBER (AS OF 01/02/24)	1.00	Director	$0	$0	$0
MR DECLAN DOYLE	BOARD MEMBER	1.00	Director	$0	$0	$0
MR JAMES O'CONNOR	BOARD MEMBER	1.00	Director	$0	$0	$0
DR CHARLES L LUCORE MD	BOARD MEMBER	1.00	Director	$0	$0	$0
MR JEFFREY KRAUT	BOARD MEMBER	1.00	Director	$0	$0	$0
MS MARIA GALLINA	CHIEF FINANCIAL OFFICER	1.88	Officer	$5,773	$43,958	$191,962
MS STACY VILLAGRAN	VP/CHIEF OPERATING OFFICER	0.10	Officer	$0	$34,176	$221,116
MS WENDY DARWELL	PRESIDENT/CHIEF EXECUTIVE OFFICER	0.10	Officer	$0	$36,392	$250,480
MS JANINE LOGAN	VP COMMUNICATIONS & POP HEALTH	0.10	Highest	$0	$12,303	$137,726

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	$108,442	$48,421	$1,493,669	$60,021
2023	$19,385	$18,188	$1,406,260	$1,197
2022	$7,966	$61,397	$1,405,063	$-53,431
2021	$102,728	$60,435	$1,458,494	$42,293
2020	$102,724	$69,241	$1,416,201	$33,483
2019	$102,553	$68,385	$1,382,718	$34,168
2018	$186,468	$70,344	$1,348,550	$116,124

NASSAU-SUFFOLK HOSPITAL SHARED SERVICES INC