HEALTH CENTER NETWORK OF NEW YORK INC

EIN: 141980688 501(c)(3) Health Care

ALBANY, NY

Total Revenue
$3,690,041
Total Expenses
$3,610,211
Total Assets
$2,416,229
Net Assets
$2,133,431
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
NY
Principal Officer
ALAN MITCHELL
Phone
5512353090
Tax Period
2024-01-01 to 2024-12-31

HEALTH CENTER NETWORK OF NEW YORK INC, founded in 2012, is a community nonprofit in the Health Care sector that reported $3.7M in total revenue in fiscal year 2024. Revenue decreased 20% compared to the prior year.

Mission

TO ENSURE THAT ITS MEMBERS HAVE THE ABILITY TO EFFECTIVELY LEVERAGE HEALTH INFORMATION TECHNOLOGY TO PROVIDE HIGH QUALITY, COST EFFECTIVE, PATIENT FOCUSED HEALTH CARE TO THE COMMUNITIES THEY SERVE. HEALTHEFFICIENT CURRENTLY SERVES 35+ HEALTH CENTERS AND PROVIDES TRAINING AND QUALITY IMPROVEMENT SERVICES TO OTHER FEDERALLY QUALIFIED HEALTH CENTERS AND COLLABORATIVE STAKEHOLDERS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,378,196
Program Service Revenue $1,305,935
Investment Income $60
Other Revenue $5,850
TOTAL REVENUE $3,690,041

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,001,514
Fundraising Expenses $0
Program Expenses $3,288,792
Other Expenses $1,608,697
TOTAL EXPENSES $3,610,211

Year-over-Year Comparison

2024 2023 Change
Revenue $3,690,041 $4,601,979 -0.2%
Expenses $3,610,211 $4,580,442 -0.2%
Net Income $79,830 $21,537 +2.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
15
Volunteers
5

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
3
$258,699
Total Directors
6
$0
Key Employees
1
$164,759
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANNE RICHEY BOARD MEMBER 1.00
Director
$0 $0 $0
JEFFERY STEELE TREASURER 1.00
Officer Director
$0 $0 $0
JOE GAMBINO CHAIRPERSON 1.00
Officer Director
$0 $0 $0
LINDSAY FARRELL BOARD MEMBER 1.00
Director
$0 $0 $0
KAREN KINTER BOARD MEMBER 1.00
Director
$0 $0 $0
DAVE BENDER BOARD MEMBER 1.00
Director
$0 $0 $0
ALAN MITCHELL EXECUTIVE DIRECTOR 35.00
Officer
$244,266 $14,433 $258,699
JESSICA JOLLY DIRECTOR OF WORKFORCE DEVELOPMENT 35.00
Key Emp
$152,657 $12,102 $164,759
STEPHANIE ROSE SENIOR DIRECTOR OF OPERATIONS 35.00
Highest
$105,801 $17,685 $123,486
MICHELLE TROPPER SENIOR DIRECTOR, CLINICAL QUALITY IMPROVEMENT 35.00
Highest
$111,984 $17,320 $129,304
RACHEL BENATAR DIRECTOR OF HIT PROGRAMS 35.00
Highest
$114,930 $12,137 $127,067
SMITA GHAN PROGRAM MANAGER, CQI 35.00
Highest
$114,300 $12,458 $126,758
MAGDALENE GODENA SENIOR PROGRAM MANAGER, REVENUE CYCLE 35.00
Highest
$101,639 $11,408 $113,047
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 $3,690,041 $3,610,211 $2,416,229 $79,830
2023 $4,601,979 $4,580,442 $2,313,087 $21,537
2022 $5,430,887 $5,361,057 $2,377,325 $69,830
2021 $5,204,911 $4,782,018 $2,608,285 $422,893
2020 $3,743,859 $3,629,778 $2,045,069 $114,081
2019 $2,335,928 $2,301,417 $1,651,217 $34,511
2018 $2,368,283 $2,331,018 $1,588,009 $37,265
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