UNITED MEDICAL ASSOCIATES PC (EIN 161395906) - Form 990 Financial Analysis & Trantor Score

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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

1991

Legal Domicile

Principal Officer

ALAN MILLER MD

Phone

6077623603

Tax Period

2023-01-01 to 2023-12-31

UNITED MEDICAL ASSOCIATES PC, founded in 1991, is a major nonprofit in the Health Care sector that reported $143.3M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $171.1M exceeded revenue, resulting in a 19% operating deficit.

Mission

MISSION STATEMENTUNITED MEDICAL ASSOCIATES, PC (UMA) IS A BROOME COUNTY BASED NOT-FOR-PROFIT PHYSICIAN GROUP PRACTICE. UMA PROVIDES THE HIGHEST QUALITY OF HEALTH CARE AND MEDICAL SERVICES TO RESIDENTS OF THE SOUTHERN TIER AND SURROUNDING AREAS. UNITED MEDICAL ASSOCIATES UNIQUELY SERVICES THE MEDICAL PRACTICE NEEDS OF THE UHS HEALTHCARE SYSTEM. OUR MISSION IS TO IMPROVE THE HEALTH STATUS OF THE COMMUNITY BY PROVIDING EASILY ACCESSIBLE PROVIDER SERVICES, SUPPORT FOR TEACHING, MEETING THE REQUIREMENTS NECESSARY FOR RESEARCH AND MEDICAL ADMINISTRATION AND BY PARTICIPATING IN AN INTEGRATED CONTINUUM OF CARE THAT IMPROVES THE PATIENT'S EXPERIENCE AND THE QUALITY OF THE HEALTH SERVICES OUTCOME.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $143,053,775

Investment Income $162,741

Other Revenue $106,617

TOTAL REVENUE $143,323,133

Expense Breakdown

Grants Paid $0

Salaries & Benefits $133,257,860

Fundraising Expenses $0

Program Expenses $167,178,484

Other Expenses $37,862,721

TOTAL EXPENSES $171,120,581

Year-over-Year Comparison

	2023	2022	Change
Revenue	$143,323,133	$130,285,595	+0.1%
Expenses	$171,120,581	$153,682,433	+0.1%
Net Income	$-27,797,448	$-23,396,838	+0.2%

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

N/A

Employees

497

Volunteers

N/A

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

$2,611,217

Total Directors

$5,233,609

Key Employees

$1,501,158

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEONARD ANDERSON MD	BOARD MEMBER	57.00	Director	$765,283	$94,270	$859,553
ELIZABETH ROSATO MD	BOARD MEMBER	57.00	Director	$229,908	$40,864	$270,772
OLAYINKA WILHELM MD	BOARD MEMBER	57.00	Director	$287,872	$53,803	$341,675
ANDREA HOAG DO TO 7623	BOARD MEMBER/SECRETARY	57.00	Officer Director	$149,311	$22,099	$171,410
JEFFREY GRAY MD	BOARD MEMBER	57.00	Director	$726,975	$55,246	$782,221
THOMAS GENESE MD TO 9923	BOARD MEMBER	57.00	Director	$182,360	$32,596	$214,956
MATTHEW BENNETT MD	BOARD MEMBER/VICE CHAIRMAN	57.00	Officer Director	$1,036,608	$54,211	$1,090,819
MARY DEGUARDI MD	BOARD MEMBER	57.00	Director	$240,156	$11,088	$251,244
ANN TENG DO	BOARD MEMBER/CHAIRMAN	57.00	Officer Director	$324,167	$31,249	$355,416
ANTHONY CONSOLAZIO MD	BOARD MEMBER	57.00	Director	$273,788	$57,749	$331,537
ZACHARY JONES MD	BOARD MEMBER	57.00	Director	$546,480	$17,526	$564,006
DANIELLE DONLIN	SR VP PHYSICIAN	55.00	Officer	$317,668	$40,403	$358,071
ALAN MILLER MD	UMA PRESIDENT	55.00	Officer	$610,060	$25,441	$635,501
HENDA BOUALI MD	ASSOCIATE MEDICAL DIRECTOR	55.00	Key Emp	$384,685	$66,701	$451,386
HILA AMINE MD	ASSOCIATE MEDICAL DIRECTOR	55.00	Key Emp	$611,250	$21,486	$632,736
DAVID KWIATKOWSKI MD	MEDICAL DIRECTOR	55.00	Key Emp	$360,142	$56,894	$417,036
KHALID SETHI MD	NEUROSURGERY	55.00	Highest	$1,784,425	$45,573	$1,829,998
HISHAM KASHOU MD	CARDIOLOGIST	55.00	Highest	$1,012,373	$104,965	$1,117,338
VARUN REDDY MD	NEURO INTERVENTIONAL SURGE	55.00	Highest	$1,232,862	$43,828	$1,276,690
DAVID GALLAGHER MD	ORTHOPEDIST	55.00	Highest	$1,349,934	$116,261	$1,466,195
LAWRENCE WIESNER MD	ORTHOPEDIST	55.00	Highest	$1,168,288	$124,877	$1,293,165
WADIH DIAB MD	FORMER ASSOCIATE MEDICAL DIRECTOR	55.00		$199,992	$31,135	$231,127
JOHN GIANNONE MD	FORMER ASSOCIATE MEDICAL DIRECTOR	55.00		$139,316	$10,289	$149,605

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	$143,323,133	$171,120,581	$20,888,432	$-27,797,448
2022	$130,285,595	$153,682,433	$16,457,706	$-23,396,838
2021	$134,598,933	$149,481,928	$19,774,903	$-14,882,995
2020	$140,680,581	$149,212,505	$22,227,014	$-8,531,924
2019	$132,422,849	$151,698,332	$14,237,819	$-19,275,483
2018	$130,409,968	$139,237,136	$14,078,517	$-8,827,168

UNITED MEDICAL ASSOCIATES PC