TRI COUNTY FAMILY MEDICINE PROGRAM

EIN: 160997545 501(c)(3)

DANSVILLE, NY

Total Revenue
$15,921,848
Total Expenses
$17,265,286
Total Assets
$8,424,332
Net Assets
$7,115,471
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
NY
Principal Officer
KAREN STONE
Phone
5853353416
Tax Period
2024-01-01 to 2024-12-31

TRI COUNTY FAMILY MEDICINE PROGRAM, founded in 1972, is a mid-sized nonprofit that reported $15.9M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year.

Mission

TRI COUNTY FAMILY MEDICINE PROGRAM IS A NOT-FOR-PROFIT MEDICAL GROUP PRACTICE, ESTABLISHED TO PROVIDE QUALITY MEDICAL CARE FOR ALL PATIENTS WITH UNDERSTANDING THAT MEDICAL FEES WILL BE BASED ON THE INDIVIDUAL'S ABILITY TO PAY; TO PROVIDE AN ORGANIZATION CAPABLE OF DELIVERING AMBULATORY, INPATIENT, AND EMERGENCY CARE; TO PROVIDE AN ORGANIZED FAMILY MEDICINE PROGRAM CAPABLE OF ATTRACTING NEW PHYSICIANS TO THE TRI-COUNTY AREA; TO COOPERATE MORE CLOSELY WITH THE PUBLIC AND PRIVATE SOCIAL AGENCIES; TO PROMOTE ECONOMY OF OPERATION FOR THE BENEFIT OF HEALTH CARE CONSUMERS; TO PARTICIPATE, SO FAR AS CIRCUMSTANCES MAY WARRANT, IN ANY ACTIVITY DESIGNED AND CARRIED ON TO PROMOTE THE GENERAL HEALTH OF THE TRI-COUNTY AREA COMMUNITIES.

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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 $144,870
Program Service Revenue $14,257,324
Investment Income $207,342
Other Revenue $1,312,312
TOTAL REVENUE $15,921,848

Expense Breakdown

Grants Paid $0
Salaries & Benefits $9,305,885
Fundraising Expenses $0
Program Expenses $13,721,347
Other Expenses $7,959,401
TOTAL EXPENSES $17,265,286

Year-over-Year Comparison

2024 2023 Change
Revenue $15,921,848 $17,395,093 -0.1%
Expenses $17,265,286 $17,267,039 0.0%
Net Income $-1,343,438 $128,054 -11.5%
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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Governance

Voting Members
9
Independent Members
9
Employees
135
Volunteers
9

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
7
$263,797
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RAYMOND J MARTEL PRESIDENT 1.00
Officer Director
$0 $0 $0
F SCOTT HICKS VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
DON WILCOX TREASURER 1.00
Officer Director
$0 $0 $0
ROBERT PRESUTTI SECRETARY 1.00
Officer Director
$0 $0 $0
MARTIN KIMMEL JR ASSISTANT SECRETARY/TREASU 1.00
Officer Director
$0 $0 $0
PAMELA J RIZZIERI DIRECTOR 1.00
Director
$0 $0 $0
MANILLA OWEN REV DIRECTOR 1.00
Director
$0 $0 $0
DONNA SAYADOFF-FLAHERTY PA-C DIRECTOR 1.00
Director
$0 $0 $0
AMI HUNT DIRECTOR 1.00
Director
$0 $0 $0
KAREN STONE CEO 40.00
Officer
$149,920 $6,086 $156,006
GREGORY CLEEVES DIRECTOR OF FINANCE 40.00
Officer
$96,073 $11,718 $107,791
GEOFFREY W WITTIG MD PHYSICIAN 40.00
Highest
$245,438 $19,778 $265,216
AYESHA TASADDAQ MD PHYSICIAN 40.00
Highest
$303,778 $19,194 $322,972
BERNARD P SWEENEY MD PHYSICIAN 40.00
Highest
$235,492 $15,476 $250,968
JOSEPH DEPRA MD PHYSICIAN 40.00
Highest
$246,184 $18,945 $265,129
COLLEEN TRACY MD PHYSICIAN 40.00
Highest
$222,153 $8,914 $231,067
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 $15,921,848 $17,265,286 $8,424,332 $-1,343,438
2023 $17,395,093 $17,267,039 $9,763,320 $128,054
2022 $18,568,637 $17,213,358 $9,903,570 $1,355,279
2021 $18,073,691 $16,401,867 $7,969,197 $1,671,824
2020 $15,367,168 $14,983,387 $8,128,437 $383,781
2019 $14,023,350 $12,701,426 $6,009,301 $1,321,924
2018 $12,152,238 $10,085,907 $4,963,335 $2,066,331
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