CHENANGO MEMORIAL HOSPITAL FOUNDATION INC (EIN 161290725) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1986

Legal Domicile

Principal Officer

TODD ANDERSON

Phone

6073374111

Tax Period

2023-01-01 to 2023-12-31

CHENANGO MEMORIAL HOSPITAL FOUNDATION INC, founded in 1986, is a small nonprofit that reported $542K in total revenue in fiscal year 2023. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $971K exceeded revenue, resulting in a 79% operating deficit.

Mission

CHENANGO MEMORIAL HOSPITAL FOUNDATION, INC. IS A NOT-FOR-PROFIT CORPORATION ORGANIZED TO PROVIDE FUNDS FOR THE IMPROVEMENT OF PATIENT CARE AT CHENANGO MEMORIAL HOSPITAL.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $253,232

Program Service Revenue $0

Investment Income $257,519

Other Revenue $30,771

TOTAL REVENUE $541,522

Expense Breakdown

Grants Paid $919,610

Salaries & Benefits $0

Fundraising Expenses $9,151

Program Expenses $919,610

Other Expenses $51,186

TOTAL EXPENSES $970,796

Year-over-Year Comparison

	2023	2022	Change
Revenue	$541,522	$818,729	-0.3%
Expenses	$970,796	$709,926	+0.4%
Net Income	$-429,274	$108,803	-4.9%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
DR JOHN R BRERTON	EX OFFICIO	0.25	Director	$0	$0	$0
MELISSA STAGNARO	Executive Dir.	10.00	Officer Director	$0	$0	$0
DAVID EMERSON	Trustee	0.25	Director	$0	$0	$0
MICHELE R GRAHAM	VICE CHAIRMAN	0.25	Officer Director	$0	$0	$0
DANIEL M GRADY	Trustee	0.25	Director	$0	$0	$0
DR YUSUF HARPER	Trustee	0.25	Director	$0	$0	$0
BRIAN A VOSS	Treas/Sect	0.25	Officer Director	$0	$0	$0
NORENE R PALMER	Trustee	0.25	Director	$0	$0	$0
ROBERT COLLINS	Trustee	0.25	Director	$0	$0	$0
MARCUS DOLLER	Trustee	0.25	Director	$0	$0	$0
REBECCA YACANO	Trustee	0.25	Director	$0	$0	$0
KELLY COLLINS-COLOSI	Chairman	0.25	Officer Director	$0	$0	$0
ALEXANDRA ERATH	Trustee	0.25	Director	$0	$0	$0
DR DRAKE M LAMEN	EX OFFICIO	0.25	Director	$0	$0	$0
ADAM J SPENCE	Trustee	0.25	Director	$0	$0	$0
NANCY TESTANI	Trustee	0.25	Director	$0	$0	$0
TODD ANDERSON	EX OFFICIO	0.25	Director	$0	$0	$0
GARRY D ROOT	EX OFFICIO	0.25	Director	$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
2024	No data	No data	No data	No data
2023	$541,522	$970,796	$7,088,542	$-429,274
2022	$818,729	$709,926	$7,050,016	$108,803
2021	$1,141,022	$913,010	$8,207,595	$228,012
2020	$1,171,485	$1,347,202	$7,981,780	$-175,717
2019	$5,331,977	$2,677,938	$9,150,771	$2,654,039
2018	$393,997	$110,052	$4,191,885	$283,945

CHENANGO MEMORIAL HOSPITAL FOUNDATION INC