ARNOT MEDICAL SERVICES PLLC

EIN: 453800308 501(c)(3) Health Care

ELMIRA, NY

Total Revenue
$23,017,232
Total Expenses
$39,320,958
Total Assets
$2,590,071
Net Assets
$2,590,071
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
NY
Principal Officer
ALEKSANDER RUPIK MD
Tax Period
2023-01-01 to 2023-12-31

ARNOT MEDICAL SERVICES PLLC, founded in 2012, is a mid-sized nonprofit in the Health Care sector that reported $23.0M in total revenue in fiscal year 2023. Expenses of $39.3M exceeded revenue, resulting in a 71% operating deficit.

Mission

AMS WAS FORMED TO SUPPORT THE CHARITABLE PURPOSES OF ARNOT MEDICAL CENTER WHICH INCLUDE PROVIDING PHYSICIAN SERVICES DESIGNED TO IMPROVE THE QUALITY OF HEALTH CARE AVAILABLE TO THE RESIDENTS OF CHEMUNG COUNTY, NEW YORK AND OTHER AREAS SERVED BY THE HOSPITAL. FURTHERMORE, AMSS PURPOSE IS TO PARTICIPATE IN ACTIVITIES TO PROMOTE AND IMPROVE THE OVERALL HEALTH OF, AND TO OTHERWISE MEET THE MEDICAL CARE NEEDS OF, THE COMMUNITY AND TO ADVANCE, PROMOTE, FOSTER AND SUPPORT CLINICAL RESEARCH. THE FORMATION OF AMS WAS LARGELY MOTIVATED BY THE GOAL OF AN INTEGRATED MEDICAL SERVICE SYSTEM; NAMELY TO ENCOURAGE THE HOSPITAL AND PHYSICIANS TO WORK IN CONJUNCTION WITH EACH OTHER TO IMPROVE ACCESS TO, AND TO PROVIDE BETTER CARE FOR PATIENTS IN THE COMMUNITY. AMS PROVIDES NONDISCRIMINATORY SERVICES TO MEDICARE AND MEDICAID RECIPIENTS AND PROVIDES FINANCIAL ASSISTANCE ON A CASE-BY-CASE BASIS FOR PATIENTS WHO EARN 300% OR LESS OF THE FEDERAL POVERTY GUIDELINES FOR THE APPLICABLE FAMILY SIZE.

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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 $0
Program Service Revenue $23,017,232
Investment Income $0
Other Revenue $0
TOTAL REVENUE $23,017,232

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $39,320,958
Other Expenses $39,320,958
TOTAL EXPENSES $39,320,958

Year-over-Year Comparison

2023 2022 Change
Revenue $23,017,232 $23,341,376 0.0%
Expenses $39,320,958 $36,947,003 +0.1%
Net Income $-16,303,726 $-13,605,627 +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

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Liquidity & Cash Position

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Governance

Voting Members
N/A
Independent Members
N/A
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
1
$510,152
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEKSANDER RUPIK MD SOLE MEMBER 1.00
Officer
$0 $30,000 $510,152
VIDYASAGAR MOKUREDDY MD PHYSICIAN N/A
Highest
$0 $57,000 $997,204
MATTHEW R BRAND MD PHYSICIAN N/A
Highest
$0 $52,500 $931,534
BRYAN JARVIS MD PHYSICIAN N/A
Highest
$0 $22,500 $1,024,904
JARED SMITH MD PHYSICIAN N/A
Highest
$0 $42,468 $877,808
GARY VALVANO MD PHYSICIAN N/A
Highest
$0 $0 $769,379
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 $23,017,232 $39,320,958 $2,590,071 $-16,303,726
2022 $23,341,376 $36,947,003 $3,578,906 $-13,605,627
2021 $26,825,153 $39,587,202 $3,393,991 $-12,762,049
2020 $32,114,613 $49,765,677 $2,423,080 $-17,651,064
2019 $35,754,751 $58,375,800 $3,703,912 $-22,621,049
2018 $57,182,569 $74,530,854 $7,351,712 $-17,348,285
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