NEW YORK CHAPTER AMERICAN COLLEGE OF PHYSICIANS SERVICES INC

EIN: 166065258

ALBANY, NY

Total Revenue
$679,647
Total Expenses
$660,384
Total Assets
$614,089
Net Assets
$560,825
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1958
Legal Domicile
NY
Principal Officer
LORETTA PONESSE
Phone
5184270366
Tax Period
2024-07-01 to 2025-06-30

NEW YORK CHAPTER AMERICAN COLLEGE OF PHYSICIANS SERVICES INC, founded in 1958, is a small nonprofit that reported $680K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year.

Mission

THE ORGANIZATION IS DEDICATED TO ADVANCING THE SPECIALTY OF INTERNAL MEDICINE AND IMPROVING PATIENT CARE IN NEW YORK STATE THROUGH EDUCATION, ADVOCACY AND QUALITY IMPROVEMENT.

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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 $144,221
Program Service Revenue $509,554
Investment Income $25,872
Other Revenue $0
TOTAL REVENUE $679,647

Expense Breakdown

Grants Paid $0
Salaries & Benefits $539,239
Fundraising Expenses $0
Program Expenses $309,532
Other Expenses $121,145
TOTAL EXPENSES $660,384

Year-over-Year Comparison

2024 2023 Change
Revenue $679,647 $749,972 -0.1%
Expenses $660,384 $652,773 +0.0%
Net Income $19,263 $97,199 -0.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
28
Independent Members
28
Employees
6
Volunteers
385

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
4
$0
Total Directors
28
$163,200
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LORETTA PONESSE EXECUTIVE DI 35.00
Director
$163,200 $0 $163,200
JOHN HALL MD FACP CO-PRESIDENT N/A
Officer Director
$0 $0 $0
TODD SIMON MD FACP CO-PRESIDENT N/A
Officer Director
$0 $0 $0
DONNA MORRISON MD FACP TREASURER N/A
Officer Director
$0 $0 $0
MICHAEL LOCURIO MD FACP SECRETARY N/A
Officer Director
$0 $0 $0
SUSAN LEE MD FACP BOARD MEMBER N/A
Director
$0 $0 $0
PAULA LESTER MD FACP BOARD MEMBER N/A
Director
$0 $0 $0
PAUL KUPERSCHMID MD FACP BOARD MEMBER N/A
Director
$0 $0 $0
VASUNDHARA SINGH MD FACP BOARD MEMBER N/A
Director
$0 $0 $0
CORI SALVIT MD FACP BOARD MEMBER N/A
Director
$0 $0 $0
AMANDA RAFF MD FACP BOARD MEMBER N/A
Director
$0 $0 $0
EVAN SIAU MD FACP BOARD MEMBER N/A
Director
$0 $0 $0
KALYANA C JANGA MD FACP BOARD MEMBER N/A
Director
$0 $0 $0
MATSUKO TAKESHIGE DO FACP BOARD MEMBER N/A
Director
$0 $0 $0
ANITA SZERSZEN DO FACP BOARD MEMBER N/A
Director
$0 $0 $0
CHRIS ELSAYAD MD FACP BOARD MEMBER N/A
Director
$0 $0 $0
NGOZI KANU MD FACP BOARD MEMBER N/A
Director
$0 $0 $0
OLANREWAJU O ESAN MD FACP BOARD MEMBER N/A
Director
$0 $0 $0
CAMILE GOODEN MD FACP BOARD MEMBER N/A
Director
$0 $0 $0
ANUSH PATEL MD FACP BOARD MEMBER N/A
Director
$0 $0 $0
MEGAN GERBER MD FACP BOARD MEMBER N/A
Director
$0 $0 $0
KELLY RAMSEY MD FACP BOARD MEMBER N/A
Director
$0 $0 $0
SANJEEV GUPTA MD FACP BOARD MEMBER N/A
Director
$0 $0 $0
SMITA BAKHAI MD FACP BOARD MEMBER N/A
Director
$0 $0 $0
VIREN KAUL MD FACP BOARD MEMBER N/A
Director
$0 $0 $0
VALENTIN GUSET MD FACP BOARD MEMBER N/A
Director
$0 $0 $0
NASIR KHAN MD FACP BOARD MEMBER N/A
Director
$0 $0 $0
MOHAMMAD SAMIH MBBS FACP BOARD MEMBER N/A
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
2025 $679,647 $660,384 $614,089 $19,263
2024 $749,972 $652,773 $572,118 $97,199
2023 $665,609 $699,052 $522,860 $-33,443
2022 $647,929 $697,720 $516,134 $-49,791
2021 $770,283 $667,296 $551,327 $102,987
2020 $698,513 $651,865 $411,419 $46,648
2019 $165,214 $192,914 $346,037 $-27,700
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