HEALTH ADVANCEMENT COLLABORATIVE OF CENTRAL NEW YORK INC

EIN: 202702655 501(c)(3) Public & Societal Benefit

SYRACUSE, NY

Total Revenue
$13,152,575
Total Expenses
$11,418,113
Total Assets
$20,543,592
Net Assets
$17,310,871
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
NY
Principal Officer
ROBERT J HACK
Phone
3156712241
Tax Period
2023-01-01 to 2023-12-31

HEALTH ADVANCEMENT COLLABORATIVE OF CENTRAL NEW YORK INC, founded in 2005, is a mid-sized nonprofit in the Public & Societal Benefit sector that reported $13.2M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $11.4M left a modest 13% surplus.

Mission

THE COLLABORATIVE'S MISSION IS TO SUPPORT THE MEANINGFUL USE OF HEALTH INFORMATION EXCHANGE AND TECHNOLOGY ADOPTION, AND THE USE OF COMMUNITY HEALTH DATA AND BEST PRACTICES, TO ENABLE CENTRAL NEW YORK STAKEHOLDERS TO TRANSFORM AND IMPROVE PATIENT CARE, IMPROVE THE HEALTH OF POPULATIONS AND LOWER HEALTH CARE COSTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $12,233,570
Program Service Revenue $794,693
Investment Income $124,312
Other Revenue $0
TOTAL REVENUE $13,152,575

Expense Breakdown

Grants Paid $19,010
Salaries & Benefits $5,672,560
Fundraising Expenses $0
Program Expenses $9,965,334
Other Expenses $5,726,543
TOTAL EXPENSES $11,418,113

Year-over-Year Comparison

2023 2022 Change
Revenue $13,152,575 $11,429,989 +0.2%
Expenses $11,418,113 $11,097,132 +0.0%
Net Income $1,734,462 $332,857 +4.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
N/A
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
7
$681,184
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID PAGE BOARD CHAIR 1.00
Officer Director
$0 $0 $0
MARTIN STALLONE TREASURER 1.00
Officer Director
$0 $0 $0
RONALD FISH BOARD CO-VICE CHAIR 1.00
Officer Director
$0 $0 $0
RAJESH DAVE BOARD CO-VICE CHAIR 1.00
Officer Director
$0 $0 $0
PATRICIA HALE SECRETARY 1.00
Officer Director
$0 $0 $0
PAUL KRONENBERG BOARD MEMBER 1.00
Director
$0 $0 $0
INDU GUPTA BOARD MEMBER 1.00
Director
$0 $0 $0
SETH KRONENBERG BOARD MEMBER 1.00
Director
$0 $0 $0
JACKIE LEAF BOARD MEMBER 1.00
Director
$0 $0 $0
ORRIN MACMURRAY BOARD MEMBER 1.00
Director
$0 $0 $0
JOSEPH MALDONADO BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT WEISENTHAL BOARD MEMBER 1.00
Director
$0 $0 $0
BRUCE WOOD BOARD MEMBER 1.00
Director
$0 $0 $0
MARISA BARBIERI BOARD MEMBER 1.00
Director
$0 $0 $0
PAUL KAYE BOARD MEMBER 1.00
Director
$0 $0 $0
MARK MATHUMBI BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT HACK PRESIDENT/CEO 40.00
Officer
$435,404 $97,931 $533,335
LIANA PROSONIC ASSOCIATE VP, FINANCE AND 40.00
Officer
$132,416 $15,433 $147,849
RACHEL KRAMER SENIOR VP, POPULATION AND 40.00
Highest
$184,359 $16,217 $200,576
JEREMY SMELSKI DIRECTOR, HIE SERVICES AND 40.00
Highest
$148,104 $17,128 $165,232
RICHARD TRAVERS CHIEF INFORMATION SECURITY 40.00
Highest
$193,556 $18,789 $212,345
ELIZABETH AMATO SENIOR VP, HIE OPERATIONS 40.00
Highest
$242,200 $8,800 $251,000
BRAD HESSLER ASSOCIATE VP, HIE OPERATIONS 40.00
Highest
$165,880 $8,153 $174,033
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 No data No data No data No data
2024 No data No data No data No data
2023 $13,152,575 $11,418,113 $20,543,592 $1,734,462
2022 $11,429,989 $11,097,132 $17,538,758 $332,857
2021 $12,522,448 $9,946,152 $16,566,077 $2,576,296
2020 $12,678,094 $10,701,268 $14,952,820 $1,976,826
2019 $18,437,269 $11,961,993 $13,103,898 $6,475,276
2018 $8,596,841 $8,440,364 $5,550,374 $156,477
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