BINGHAMTON, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)UNITED HEALTH SERVICES FOUNDATION INC, founded in 1982, is a community nonprofit in the Health Care sector that reported $3.5M in total revenue in fiscal year 2023. Revenue fell 54% from the prior year — a significant decline worth monitoring. Expenses of $6.5M exceeded revenue, resulting in a 88% operating deficit.
UNITED HEALTH SERVICES FOUNDATION, INC. IS A NOT-FOR-PROFIT ORGANIZATION LOCATED IN BINGHAMTON, NEW YORK. THE FOUNDATION OPERATES EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSE, AND IS PRIMARILY SUPPORTED BY CONTRIBUTIONS. THE CONTRIBUTIONS ARE USED TO PURCHASE EQUIPMENT, EDUCATIONAL MATERIALS AND TO FUND CAPITAL IMPROVEMENT PROJECTS, AS WELL AS, SUPPORT THE HOSPITAL RELATIONS WITH THE COMMUNITY. THE PRIMARY BENEFICIARIES OF SUCH GRANTS ARE UNITED HEALTH SERVICES, INC., IDEAL SENIOR LIVING CENTER, INC. AND TWIN TIER HOME HEALTH, INC. THESE ORGANIZATIONS PROVIDE A BROAD RANGE OF HEALTH CARE SERVICES IN THE GREATER BINGHAMTON AREA.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $3,464,515 | $7,576,749 | -0.5% |
| Expenses | $6,519,875 | $1,529,250 | +3.3% |
| Net Income | $-3,055,360 | $6,047,499 | -1.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DAWN LANOUETTE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DAN SPENCE | TRUSTEE/VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DEREK RUSSELL | TRUSTEE/TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ED MORTON | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JOE MIRABITO | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JIM MCDUFFEE | TRUSTEE/MEMBER AT LARGE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOE MORAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| KIM POTTER | TRUSTEE/CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CATHERINE RYAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| THERESA RUSSELL | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| AMY SHAW | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ANAHIT KRADJIAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MARY BETH WALSH | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| STEPHANIE JESTER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRISTOPHER DOWNEY | TRUSTEE/SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TRACY MAERKL | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| GEORGE MCDERMODY | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CORY JACOBS | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$168,523 | $1,657 | $170,180 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $3,464,515 | $6,519,875 | $34,985,477 | $-3,055,360 |
| 2022 | $7,576,749 | $1,529,250 | $32,736,914 | $6,047,499 |
| 2021 | $6,639,374 | $1,633,480 | $36,338,819 | $5,005,894 |
| 2020 | $3,475,627 | $1,496,555 | $31,159,639 | $1,979,072 |
| 2019 | $1,809,027 | $984,372 | $27,757,147 | $824,655 |
| 2018 | $1,681,970 | $1,324,236 | $23,410,172 | $357,734 |
Compare UNITED HEALTH SERVICES FOUNDATION INC with other nonprofits in New York and across the country.