NEW YORK STATE SOCIETY OF PHYSICIA… - 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

1975

Legal Domicile

Principal Officer

SUZANNE FEDIE

Phone

9176794005

Tax Period

2024-07-01 to 2025-06-30

NEW YORK STATE SOCIETY OF PHYSICIAN ASSOCIATES INC, founded in 1975, is a small nonprofit that reported $791K in total revenue in fiscal year 2024. Expenses of $689K left a modest 13% surplus.

Mission

THE NEW YORK STATE SOCIETY OF PHYSICIAN ASSOCIATES (NYSSPA) PROVIDES PAS A COLLECTIVE VOICE THROUGH ADVOCACY AND ENHANCING THE ENVIRONMENT OF PA PRACTICE FOCUSED ON QUALITY PATIENT AND HEALTHCARE OUTCOMES.

Program Service Accomplishments

Program 1

MEETINGS AND RELATED EXHIBITS TO PROMOTE, ADDRESS, AND REPRESENT THE INTERESTS AND PROFESSIONAL DEVELOPMENT OF THE PHYSICIAN ASSISTANTS PROFESSIONALS.

Program 2

ADVOCATING ON BEHALF OF THE PHYSICIAN ASSISTANTS IN THE STATE OF NEW YORK.

Program 3

PROVIDING SCHOLARSHIPS TO PHYSICIAN ASSISTANT STUDENT.

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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 $66,500

Program Service Revenue $690,726

Investment Income $18,605

Other Revenue $14,743

TOTAL REVENUE $790,574

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $688,549

TOTAL EXPENSES $688,549

Year-over-Year Comparison

	2024	2023	Change
Revenue	$790,574	$785,130	+0.0%
Expenses	$688,549	$725,324	-0.1%
Net Income	$102,025	$59,806	+0.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JONATHAN SOBEL	PRESIDENT	10.00	Officer Director	$0	$0	$0
MAUREEN REGAN	PRESIDENT ELECT	5.00	Officer Director	$0	$0	$0
EDWARD MATHES	IMMEDIATE PAST PRESIDENT	5.00	Officer Director	$0	$0	$0
JONATHAN BAKER	VICE PRESIDENT & CHIEF DELEGATE	1.00	Officer Director	$0	$0	$0
MAGGIE NARRIGAN	SECRETARY	1.00	Officer Director	$0	$0	$0
JUSTINE SELIGER	TREASURER	1.00	Officer Director	$0	$0	$0
ALISON MACIOCIA	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW STROUD	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN BOLAN	DIRECTOR	1.00	Director	$0	$0	$0
LUIS GARCIA	DIRECTOR	1.00	Director	$0	$0	$0
KATHRYN COMPAGNI	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL MAGLIONE	DIRECTOR	1.00	Director	$0	$0	$0
INESSA SHLIFER	DIRECTOR	1.00	Director	$0	$0	$0
REBECCA DEITZER	DIRECTOR	1.00	Director	$0	$0	$0
KEN REDMOND	STUDENT DIRECTOR	1.00	Director	$0	$0	$0
JULIE CHEN	STUDENT DIRECTOR	1.00	Director	$0	$0	$0
SALMA ABDALLA	STUDENT DIRECTOR (ALT)	1.00	Director	$0	$0	$0
SUZANNE FEDIE	EXECUTIVE DIRECTOR	20.00	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	$790,574	$688,549	$996,475	$102,025
2024	$785,130	$725,324	$884,212	$59,806
2023	$661,106	$612,674	$799,638	$48,432
2022	$540,652	$492,463	$747,418	$48,189
2021	$527,371	$305,867	$686,423	$221,504
2019	$350,861	$370,855	$61,029	$-19,994

NEW YORK STATE SOCIETY OF PHYSICIAN ASSOCIATES INC