MEDICAL STAFF OF EMANATE HEALTH ME… - Form 990 Financial Data

🔒

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

Financial Trends

Organization Details

Formation Year

2023

Legal Domicile

Principal Officer

Raffaele Corbisiero

Phone

6267324400

Tax Period

2024-01-01 to 2024-12-31

MEDICAL STAFF OF EMANATE HEALTH MEDICAL CENTER, founded in 2023, is a small nonprofit in the Community Improvement sector that reported $278K in total revenue in fiscal year 2024. Expenses of $307K exceeded revenue, resulting in a 11% operating deficit.

Mission

Supported high-quality patient care through oversight of credentialing, peer review, and quality improvement activities, in accordance with applicable laws and accreditation standards. Leadership and committee involvement further sustained high performance in their healthcare services.

Program Service Accomplishments

Program 1

Expenses: $164,197

Provided credentialing and continuing medical education to affiliated physicians and medical staff. Supported and recognized employees for their excellent work performed.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $278,161

Investment Income $14

Other Revenue $0

TOTAL REVENUE $278,175

Expense Breakdown

Grants Paid $0

Salaries & Benefits $111,600

Fundraising Expenses $0

Program Expenses $164,197

Other Expenses $195,870

TOTAL EXPENSES $307,470

Year-over-Year Comparison

	2024	2023	Change
Revenue	$278,175	N/A	N/A
Expenses	$307,470	N/A	N/A
Net Income	$-29,295	N/A	N/A

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

Governance

Voting Members

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

$111,600

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Raffaele Corbisiero MD	Chief of Staff	10.00	Officer	$60,000	$0	$60,000
Sergio Hernandez MD	Vice Chief	5.00	Officer	$30,000	$0	$30,000
Cynthia Chen-Joea MD	Treasurer	5.00	Officer	$12,000	$0	$12,000
Bill Tang MD	Past Chief	2.00	Officer	$9,600	$0	$9,600

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	$278,175	$307,470	$255,965	$-29,295

MEDICAL STAFF OF EMANATE HEALTH MEDICAL CENTER