EAST HAMPTON HEALTHCARE FOUNDATION

EIN: 311633699 501(c)(3) Health Care

EAST HAMPTON, NY

Total Revenue
$946,067
Total Expenses
$704,563
Total Assets
$8,034,667
Net Assets
$7,976,743
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
NY
Principal Officer
GERALD H CROMACK II
Phone
6313248943
Tax Period
2025-01-01 to 2025-12-31

EAST HAMPTON HEALTHCARE FOUNDATION, founded in 1998, is a small nonprofit in the Health Care sector that reported $946K in total revenue in fiscal year 2025. Revenue fell 30% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $242K, a strong 26% operating margin.

Mission

THE MISSION OF THE EAST HAMPTON HEALTHCARE FOUNDATION IS TO IMPROVE THE QUALITY AND AVAILABILITY OF HEALTHCARE FOR ALL CITIZENS OF THE TOWN O EAST HAMETON, INCLUDING THE UNINSURED AND UNDERINSURED, WITH ONE STANDARD OF CARE FOR ALL.

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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 (2025)

Revenue Breakdown

Contributions & Grants $605,177
Program Service Revenue $0
Investment Income $178,036
Other Revenue $162,854
TOTAL REVENUE $946,067

Expense Breakdown

Grants Paid $336,911
Salaries & Benefits $236,129
Fundraising Expenses $7,458
Program Expenses $592,578
Other Expenses $131,523
TOTAL EXPENSES $704,563

Year-over-Year Comparison

2025 2024 Change
Revenue $946,067 $1,351,576 -0.3%
Expenses $704,563 $905,240 -0.2%
Net Income $241,504 $446,336 -0.5%
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
23
Independent Members
23
Employees
2
Volunteers
23

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
$0
Total Directors
16
$126,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHEILA ROGERS ASSOCIATES DIRECTOR 40.00
Director
$126,000 $0 $126,000
GERALD H CROMACK II CHAIRMAN/TREASURER 10.00
Officer
$0 $0 $0
JACK W LASERSOHN VICE CHAIRMAN-FINANCE 2.00
Officer
$0 $0 $0
MICHAEL J WOLK VICE CHAIRMAN-MEDICINE 2.00
Officer
$0 $0 $0
LARRY CANTWELL VICE PRESIDENT 2.00
Officer
$0 $0 $0
BARBARA B BORSACK SECRETARY 2.00
Officer
$0 $0 $0
ELIZABETH DOYLE CAREY TRUSTEE 2.00
Director
$0 $0 $0
SHEILA F DECOSSE TRUSTEE 2.00
Director
$0 $0 $0
MARCIA M DIAS TRUSTEE 2.00
Director
$0 $0 $0
THOMAS J FAHEY TRUSTEE 2.00
Director
$0 $0 $0
GARY L FUHRMAN TRUSTEE 2.00
Director
$0 $0 $0
SUSAN FURLAUD TRUSTEE 2.00
Director
$0 $0 $0
ANDREW E GOLDSTEIN TRUSTEE 2.00
Director
$0 $0 $0
LEIGH HANKE TRUSTEE 2.00
Director
$0 $0 $0
CLIFFORD A HUDIS TRUSTEE 2.00
Director
$0 $0 $0
O WAYNE ISOM TRUSTEE 2.00
Director
$0 $0 $0
CHERI MOWREY TRUSTEE 2.00
Director
$0 $0 $0
STUART J MURRAY TRUSTEE 2.00
Director
$0 $0 $0
PETER M ODELL PRESIDENT 5.00
Director
$0 $0 $0
VIRGINIA OSBORNE TRUSTEE 2.00
Director
$0 $0 $0
AUBREY PETERSON TRUSTEE 2.00
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 $946,067 $704,563 $8,034,667 $241,504
2024 $1,351,576 $905,240 $7,550,785 $446,336
2023 $508,071 $910,554 $7,292,230 $-402,483
2022 $777,727 $2,934,690 $7,822,802 $-2,156,963
2021 $1,047,105 $800,237 $10,004,926 $246,868
2020 $2,201,238 $639,867 $9,510,176 $1,561,371
2019 $675,315 $716,185 $7,733,945 $-40,870
2018 $714,126 $752,771 $7,538,354 $-38,645
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