IROQUOIS HEALTHCARE ALLIANCE 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

1981

Legal Domicile

Principal Officer

KEVIN KERWIN

Phone

5183835060

Tax Period

2024-01-01 to 2024-12-31

IROQUOIS HEALTHCARE ALLIANCE INC, founded in 1981, is a small nonprofit that reported $900K in total revenue in fiscal year 2024. Expenses of $1.1M exceeded revenue, resulting in a 17% operating deficit.

Mission

TO PROVIDE AN ORGANIZATION THROUGH WHICH INTERESTS OF HOSPITALS AND HEALTH CARE FACILITIES CAN BE EFFECTIVELY REPRESENTED AT REGIONAL, STATE AND FEDERAL LEVELS.

Program Service Accomplishments

Program 1

THE ALLIANCE REPRESENTS THE CONCERNS OF 40 TO 50 HOSPITALS AND HEALTH SYSTEMS AT THE REGIONAL, STATE AND FEDERAL LEVEL.

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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 $842,792

Investment Income $56,757

Other Revenue $0

TOTAL REVENUE $899,549

Expense Breakdown

Grants Paid $0

Salaries & Benefits $773,671

Fundraising Expenses $0

Other Expenses $281,220

TOTAL EXPENSES $1,054,891

Year-over-Year Comparison

	2024	2023	Change
Revenue	$899,549	$843,908	+0.1%
Expenses	$1,054,891	$810,500	+0.3%
Net Income	$-155,342	$33,408	-5.6%

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

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

$1,336,257

Total Directors

Key Employees

$821,744

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DARLENE STROMSTAD	VICE CHAIR	0.50	Officer Director	$0	$0	$0
RICH DUVALL	DIRECTOR	0.50	Director	$0	$0	$0
ROBERT CORONA	DIRECTOR	0.50	Director	$0	$0	$0
SEAN FADALE	CHAIR	0.50	Officer Director	$0	$0	$0
PAUL A MILTON	DIRECTOR	0.50	Director	$0	$0	$0
DIERDRA SORRELL	DIRECTOR	0.50	Director	$0	$0	$0
GERALD R CAYER	DIRECTOR	0.50	Director	$0	$0	$0
KATHRYN CONNERTON	DIRECTOR	0.50	Director	$0	$0	$0
MICHELLE LEBEAU	SECRETARY	0.50	Officer Director	$0	$0	$0
THOMAS CARMAN	PAST CHAIR	0.50	Officer Director	$0	$0	$0
MARTIN STALLONE	TREASURER	0.50	Officer Director	$0	$0	$0
DRAKE LAMEN MD	DIRECTOR	0.50	Director	$0	$0	$0
JOHN CARRIGG	DIRECTOR	0.50	Director	$0	$0	$0
AARON KRAMER	DIRECTOR	0.50	Director	$0	$0	$0
PAUL SCIMECA	DIRECTOR	0.50	Director	$0	$0	$0
ROBERT ORTMYER	DIRECTOR	0.50	Director	$0	$0	$0
JEFF COAKLEY	DIRECTOR	0.50	Director	$0	$0	$0
ANNEMARIE WALKER-CZYZ	DIRECTOR	0.50	Director	$0	$0	$0
JENNIFER YARTYM	DIRECTOR	0.50	Director	$0	$0	$0
DONNA MCGREGOR	DIRECTOR	0.50	Director	$0	$0	$0
JILL VANKUREN	DIRECTOR	0.50	Director	$0	$0	$0
SUSAN OAKES	DIRECTOR	0.50	Director	$0	$0	$0
DOROTHY URSCHEL	DIRECTOR	0.50	Director	$0	$0	$0
SETH KRONENBERG	DIRECTOR	0.50	Director	$0	$0	$0
MICHAEL BACKUS	DIRECTOR	0.50	Director	$0	$0	$0
JEFFREY METHVEN	DIRECTOR	0.50	Director	$0	$0	$0
ROLLAND BOJO	DIRECTOR	0.50	Director	$0	$0	$0
SCOTT BERLUCCHI	DIRECTOR	0.50	Director	$0	$0	$0
JASON MOUZAKAS	DIRECTOR	0.50	Director	$0	$0	$0
STACI THOMPSON	DIRECTOR	0.50	Director	$0	$0	$0
HENRY WELL	DIRECTOR	0.50	Director	$0	$0	$0
MICHAEL HOCHMAN	DIRECTOR	0.50	Director	$0	$0	$0
FELISSA KOERNIG	DIRECTOR	0.50	Director	$0	$0	$0
KELLY TIERNAN	DIRECTOR	0.50	Director	$0	$0	$0
GARY FITZGERALD	PRESIDENT & CEO	20.00	Officer	$355,866	$45,370	$754,202
KEVIN KERWIN	ACTING CEO	15.00	Officer	$86,367	$43,640	$278,825
THOMAS HOSEY	CHIEF FINANCIAL OFFICER	9.00	Officer	$55,577	$44,269	$303,230
EILEEN MURPHY	SR. DIRECTOR OF SPECIAL PR	0.00	Key Emp	$0	$9,458	$167,093
DONNA GAMMARATO	EXECUTIVE DIRECTOR -UISS	0.00	Key Emp	$0	$13,764	$279,913
KATHLEEN KIRVIN	VP MARKETING & COMMUNICATIONS	13.00	Key Emp	$49,141	$8,902	$159,181
FRANCINE FREISE	SENIOR REGIONAL DIRECTOR -	0.00	Key Emp	$0	$13,351	$215,557
ANDREW NAULT	DIRECTOR, BUSINESS DEVELOP	0.00	Highest	$0	$29,997	$170,050
LAUREN FORD	VP STRATEGY AND ANALYTICS	9.00	Highest	$32,503	$19,785	$163,071
TOSHA GRIMMER	EXECUTIVE DIRECTOR - CGHCP	0.00	Highest	$0	$19,886	$121,613

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	$899,549	$1,054,891	$2,636,386	$-155,342
2023	$843,908	$810,500	$2,662,936	$33,408
2022	$760,526	$639,001	$2,280,889	$121,525
2021	$790,584	$587,726	$2,611,978	$202,858
2020	$304,366	$563,020	$2,303,493	$-258,654
2019	$769,041	$581,692	$2,162,436	$187,349
2018	$743,083	$714,335	$1,992,942	$28,748