Hudson Valley Cardiovascular Practice PC

EIN: 463756713 501(c)(3) Health Care

Poughkeepsie, NY

Total Revenue
$64,908,453
Total Expenses
$66,402,114
Total Assets
$83,420,996
Net Assets
$-10,933,954
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
NY
Phone
8454759500
Tax Period
2023-10-01 to 2024-09-30

Hudson Valley Cardiovascular Practice PC, founded in 2013, is a mid-sized nonprofit in the Health Care sector that reported $64.9M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

IMPROVE THE HEALTH OF EVERY PERSON IN OUR COMMUNITY THROUGH THE EFFICIENT DELIVERY OF EXCELLENT, INNOVATIVE AND COMPASSIONATE CARE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $431
Program Service Revenue $64,832,515
Investment Income $5,406
Other Revenue $70,101
TOTAL REVENUE $64,908,453

Expense Breakdown

Grants Paid $0
Salaries & Benefits $59,288,837
Fundraising Expenses $0
Program Expenses $65,098,232
Other Expenses $7,113,277
TOTAL EXPENSES $66,402,114

Year-over-Year Comparison

2023 2022 Change
Revenue $64,908,453 $55,992,836 +0.2%
Expenses $66,402,114 $60,860,308 +0.1%
Net Income $-1,493,661 $-4,867,472 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
1
Independent Members
N/A
Employees
237
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
2
$3,088,612
Total Directors
1
$1,438,820
Key Employees
2
$1,584,613
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTOPHER M LEHRACH MD HVCP PRES/CHIEF PHYSICIAN EXECUTIVE 12.0
Officer Director
$0 $64,150 $1,438,820
DANIEL DEBARBA CHIEF FINANCIAL OFFICER; TREASURER 2.0
Officer
$0 $175,627 $1,649,792
KELLY STOCK VP HEART & VASCULAR INSTITUTE 20.0
Key Emp
$0 $32,888 $423,235
MARK K WARSHOFSKY MD SVP & SYS. CHAIRMAN HEART & VASC. INST. 20.0
Key Emp
$0 $63,729 $1,161,378
ALI HAMMOUD MD PHYSICIAN CLINICAL 40.0
Highest
$1,163,775 $47,249 $1,211,024
ANTHONY J PATRELLO MD PHYSICIAN INTERVENTIONAL 40.0
Highest
$1,178,565 $64,150 $1,242,715
JOSEPH W CHRISTIANA MD PHYSICIAN- CLINICAL 40.0
Highest
$1,144,832 $50,191 $1,195,023
M ZUBAIR JAFAR MD PHYSICIAN INTERVENTIONAL 40.0
Highest
$1,166,791 $67,506 $1,234,297
RAJEEV L NARAYAN MD PHYSICIAN INTERVENTIONAL 40.0
Highest
$1,187,667 $66,550 $1,254,217
DANIEL J O'DEA MD FORMER PRESIDENT 40.0
$512,281 $54,644 $566,925
DENISE GEORGE FORMER CORPORATE SECRETARY 0.0
$0 $39,779 $792,314
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 $64,908,453 $66,402,114 $83,420,996 $-1,493,661
2023 $55,992,836 $60,860,308 $57,956,633 $-4,867,472
2022 $55,077,693 $53,249,154 $37,454,411 $1,828,539
2021 $54,008,950 $50,963,597 $50,537,643 $3,045,353
2020 $43,703,701 $45,035,993 $15,329,648 $-1,332,292
2018 $29,664,750 $41,902,005 $14,982,137 $-12,237,255
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Hudson Valley Cardiovascular Practice PC with other nonprofits in New York and across the country.