PHYSICIAN STAFF FUND AT ST CATHERINES

EIN: 454662472 Mutual Benefit

SMITHTOWN, NY

Total Revenue
$224,714
Total Expenses
$197,262
Total Assets
$169,451
Net Assets
$169,451
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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
BADRI NATH MD
Phone
6318623040
Tax Period
2024-01-01 to 2024-12-31

PHYSICIAN STAFF FUND AT ST CATHERINES, founded in 2012, is a small nonprofit in the Mutual Benefit sector that reported $225K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $197K left a modest 12% surplus.

Mission

The purpose of this organization shall be to:To provide all patients admitted to St. Catherine of Siena Hospital ("the Hospital") or treated in the outpatient department, quality care, irrespective of age, sex, race, creed, color, national origin, blindness or source of payment, except for fiscal capability thereof and for any other legally protected category.To provide a means whereby issues concerning the Medical Staff and the Hospital may be discussed and resolved by authorized representatives of the Medical Staff with the Board of Trustees and the Chief Executive Officer.To initiate and maintain rules and regulations for government of the Medical Staff.To provide education and to maintain educational, medical, and institutional standards for Staff, as well as for the community, in conformity with appropriate standards.To assure a high level of performance of Medical Staff members through the adequate delineation of staff privileges and a continuous review and evaluation of the clin

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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 $0
Program Service Revenue $224,714
Investment Income $0
Other Revenue $0
TOTAL REVENUE $224,714

Expense Breakdown

Grants Paid $0
Salaries & Benefits $88,000
Fundraising Expenses $0
Program Expenses $191,426
Other Expenses $109,262
TOTAL EXPENSES $197,262

Year-over-Year Comparison

2024 2023 Change
Revenue $224,714 $196,878 +0.1%
Expenses $197,262 $186,855 +0.1%
Net Income $27,452 $10,023 +1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
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
3
$88,000
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BADRI NATH MD Past President 5.00
Officer
$32,000 $0 $32,000
ANTHONY SPADARO President 5.00
Officer
$32,000 $0 $32,000
JOSHUA BOZEK DO PRESIDENT ELECT 5.00
Officer
$24,000 $0 $24,000
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 $224,714 $197,262 $169,451 $27,452
2022 $220,500 $182,614 $131,976 $37,886
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