HERKIMER COUNTY HEALTH NETWORK INC

EIN: 161573995 501(c)(3) Health Care

HERKIMER, NY

Total Revenue
$318,618
Total Expenses
$306,770
Total Assets
$298,973
Net Assets
$278,162
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
NY
Principal Officer
STEVE BULGER
Phone
3158671552
Tax Period
2024-01-01 to 2024-12-31

HERKIMER COUNTY HEALTH NETWORK INC, founded in 1990, is a small nonprofit in the Health Care sector that reported $319K in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $307K left a modest 4% surplus.

Mission

TO IMPROVE THE HEALTH AND WELL-BEING OF INDIVIDUALS THAT LIVE, WORK, PLAY AND LEARN IN HERKIMER COUNTY.

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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 $304,598
Program Service Revenue $1,640
Investment Income $112
Other Revenue $12,268
TOTAL REVENUE $318,618

Expense Breakdown

Grants Paid $0
Salaries & Benefits $199,195
Fundraising Expenses $0
Program Expenses $231,927
Other Expenses $107,575
TOTAL EXPENSES $306,770

Year-over-Year Comparison

2024 2023 Change
Revenue $318,618 $398,511 -0.2%
Expenses $306,770 $386,829 -0.2%
Net Income $11,848 $11,682 +0.0%
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

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Governance

Voting Members
12
Independent Members
12
Employees
6
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
5
$89,565
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHY FOX TREASURER 1.00
Officer Director
$0 $0 $0
PAM GARDINIER SECRETARY 1.00
Officer Director
$0 $0 $0
GARET LIVERMORE MEMBER 1.00
Director
$0 $0 $0
DEANNA CHARLES MEMBER 1.00
Director
$0 $0 $0
STEVE BULGER PRESIDENT 1.00
Officer Director
$0 $0 $0
LORENE BASS MEMBER 1.00
Director
$0 $0 $0
HEIDI CAMARDELLO MEMBER 1.00
Director
$0 $0 $0
MICHELE KOHL MEMBER 1.00
Director
$0 $0 $0
RAE RAFFLE-MAXSON MEMBER 1.00
Director
$0 $0 $0
KRISTEN SNYDER-BRANNER MEMBER 1.00
Director
$0 $0 $0
CHRISTINA CAIN MEMBER 1.00
Director
$0 $0 $0
TIM SEYMOUR VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
ELYSE ENEA EXECUTIVE DIRECTOR 40.00
Officer
$62,000 $27,565 $89,565
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 $318,618 $306,770 $298,973 $11,848
2023 $398,511 $386,829 $289,187 $11,682
2022 $245,537 $244,219 $263,256 $1,318
2021 $183,895 $151,369 $261,011 $32,526
2020 $180,988 $184,459 $226,214 $-3,471
2019 $237,621 $202,495 $226,410 $35,126
2018 $300,745 $288,779 $237,436 $11,966
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