WESTBURY, NY
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)MEDICAL SOCIETY OF THE STATE OF NEW YORK, founded in 1807, is a community nonprofit that reported $6.7M in total revenue in fiscal year 2023. Net assets of $18.6M represent 33 months of operating reserves.
TO CONTRIBUTE TO THE PROFESSIONAL DEVELOPMENT OF MEMBER PHYSICIANS, TO SERVE AS A RESOURCE FOR ITS MEMBERS AND ASSIST THEM IN ADDRESSING THE MANY ISSUES AND NEEDS WHICH THEY FACE IN PROVIDING HEALTH CARE TO THE RESIDENTS OF NEW YORK STATE.
MEMBERSHIP SERVICES. THIS DIVISION IS RESPONSIBLE FOR MEMBERSHIP DEVELOPMENT AND SERVICES, AND STAFF SUPPORT FOR SECTIONS AND SPECIAL CONSTITUENCIES. STAFF ARE AVAILABLE TO WORK WITH INDIVIDUAL...
MEMBERSHIP SERVICES. THIS DIVISION IS RESPONSIBLE FOR MEMBERSHIP DEVELOPMENT AND SERVICES, AND STAFF SUPPORT FOR SECTIONS AND SPECIAL CONSTITUENCIES. STAFF ARE AVAILABLE TO WORK WITH INDIVIDUAL MEMBERS, COUNTY MEDICAL SOCIETIES, HOSPITALS OR SPECIAL GROUPS ON MEMBERHSIP CAMPAIGNS. OUTREACH REPRESENTATIVES CAN MAKE PERSONAL VISITS AND GIVE PRESENTATIONS ON CURRENT ISSUES AND ON MEDICAL SOCETY ACTIVITIES AND SERVICES DESIGNED TO HELP PHYSICIANS SUCCEED IN AN INCREASINGLY COMPLEX ENVIRONMENT. THE DIVISION PROVIDES STAFF SUPPORT TO COMMITTEES TASKED WITH DEVELOPING ONGOING AND INNOVATIVE APPROACHES TO MEMBERSHIP DEVELOPMENT, AS WELL AS TO THE SOCIETY'S COMMITTEES ON THE INTERNATIONAL MEDICAL GRADUATES, WOMEN PHYSICIANS, AND OTHERS. STAFFING IS ALSO PROVIDED FOR SPECIAL SECTIONS DEVOTED TO PRGANIZING AND MEETING THE NEEDS OF RESIDENTS AND FELLOWS, YOUNG PHYSICIANS AND PHYSICIANS ON ORGANIZED MEDICAL STAFFS.
COMMITTEE FOR PHYSICIANS' HEALTH EXPENSE. THE MISSION OF THE COMMITTEE FOR PHYSICIAN HEALTH IS TO PROMOTE QUALITY MEDICAL CARE BY OFFERING NON DISCIPLINARY CONFIDENTIAL ASSISTANCE TO PHYSICIANS...
COMMITTEE FOR PHYSICIANS' HEALTH EXPENSE. THE MISSION OF THE COMMITTEE FOR PHYSICIAN HEALTH IS TO PROMOTE QUALITY MEDICAL CARE BY OFFERING NON DISCIPLINARY CONFIDENTIAL ASSISTANCE TO PHYSICIANS, RESIDENTS, MEDICAL STUDENTS AND PHYSICIAN ASSISTANTS SUFFERING FROM SUBSTANCE USE DISORDER AND OTHER PSYCHIATRIC DISORDERS. THE COMMITTEE MONITORS THE TREATMENT AND COMPLIANCE OF PROGRAM PARTICPANTS AND PROVIDES ADVOCACY AND SUPPORT AS WELL AS OUTREACH ACTIVITIES, INCLUDING PREVENTTION AND EDUCATION.
COMMUNICATIONS/PUBLICATIONS IN THE MEDICAL FIELD. THE COMMUNICATIONS DIVISION PUBLISHES THE NEWS OF NEW YORK, A MONTHLY DIGITAL PUBLICATION THAT INFORMS MEMBER PHYSICIANS ON ISSUES AFFECTING THE...
COMMUNICATIONS/PUBLICATIONS IN THE MEDICAL FIELD. THE COMMUNICATIONS DIVISION PUBLISHES THE NEWS OF NEW YORK, A MONTHLY DIGITAL PUBLICATION THAT INFORMS MEMBER PHYSICIANS ON ISSUES AFFECTING THE HEALTH CARE DELIVERY SYSTEM IN NEW YORK STATE. THE MSSNY ENEWS IS A WEEKLY DIGITAL PUBLICATION THAT REPORTS THE MOST CURRENT NEWS AFFECTING MEMBER PHYSICIANS AND IS DISTRIBUTED ELECTRONICALLY TO OVER 29,000 MEDICAL RECIPIENTS. THE COMMUNICATIONS DIVISION IS ALSO RESPONSIBLE FOR THE MSSNY WEBSITE, JOB BOARD, SOCIAL MEDIA, AND SOME CME TRAINING.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $6,695,868 | $6,664,655 | +0.0% |
| Expenses | $6,689,483 | $6,668,510 | +0.0% |
| Net Income | $6,385 | $-3,855 | -2.7% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| TROY OECHSNER | EXECUTIVE VP | 35.00 |
|
$348,054 | $0 | $348,054 |
| JEFFREY SELZER | MEDICAL DIRE | 35.00 |
Highest
|
$207,963 | $0 | $207,963 |
| MORRIS AUSTER | ASSOCIATE CO | 35.00 |
Highest
|
$170,315 | $0 | $170,315 |
| PATRICIA CLANCY | VP OF PUBLIC | 35.00 |
Highest
|
$149,038 | $0 | $149,038 |
| JOHN VECCHIO | CONTROLLER | 35.00 |
Highest
|
$140,633 | $0 | $140,633 |
| TERRANCE BEDIENT | VICE PRESIDE | 35.00 |
Highest
|
$119,266 | $0 | $119,266 |
| CHARLES ROTHBERG MD | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| JEROME C COHEN MD | PRESEDENT EL | 20.00 |
Director
|
$0 | $0 | $0 |
| NAMEER HAIDER MD | TRUSTEE | N/A |
Director
|
$0 | $0 | $0 |
| ROBERT FRANKEL MD | CHAIR | N/A |
Director
|
$0 | $0 | $0 |
| SANA BLOCH MD | TRUSTEE | N/A |
Director
|
$0 | $0 | $0 |
| THOMAS J MADEJSKI MD | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| BERNADETTE RILEY DO | ASSISTANT SE | 2.00 |
Officer
|
$0 | $0 | $0 |
| ARTHUR C FOUGNER MD | TRUSTEE | N/A |
Officer
|
$0 | $0 | $0 |
| BONNIE L LITVACK MD | TRUSTEE/DIRE | N/A |
Officer
|
$0 | $0 | $0 |
| DAVID JAKUBOWICZ MD | VICE PRESIDE | 2.00 |
Officer
|
$0 | $0 | $0 |
| FRANK G DOWLING MD | ASSISTANT TR | N/A |
Officer
|
$0 | $0 | $0 |
| HOWARD H HUANG MD | SECRETARY | 2.00 |
Officer
|
$0 | $0 | $0 |
| LUIS CARLOS ZAPATA MD | VICE SPEAKER | 2.00 |
Officer
|
$0 | $0 | $0 |
| MARK J ADAMS MD | TREASURER | 2.00 |
Officer
|
$0 | $0 | $0 |
| PARAG H MEHTA MD | PAST PRESIDE | 10.00 |
Officer
|
$0 | $0 | $0 |
| PAUL PIPIA MD | PRESIDENT | 10.00 |
Officer
|
$0 | $0 | $0 |
| THOMAS LEE MD | EXECUTIVE VI | 35.00 |
Officer
|
$0 | $0 | $0 |
| WILLIAM R LATREIILE JR MD | SPEAKER | N/A |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $6,695,868 | $6,689,483 | $21,519,017 | $6,385 |
| 2022 | $6,664,655 | $6,668,510 | $20,179,374 | $-3,855 |
| 2021 | $6,678,439 | $6,370,774 | $23,626,898 | $307,665 |
| 2020 | $6,610,688 | $6,625,828 | $21,376,354 | $-15,140 |
| 2019 | $11,640,097 | $8,087,071 | $20,580,061 | $3,553,026 |
| 2018 | $6,580,020 | $6,574,571 | $19,202,864 | $5,449 |
Compare MEDICAL SOCIETY OF THE STATE OF NEW YORK with other nonprofits in New York and across the country.