CLIFTON-FINE HEALTH CARE CORPORATION

EIN: 900909506 501(c)(3) Health Care

STAR LAKE, NY

Total Revenue
$11,084,459
Total Expenses
$11,854,011
Total Assets
$8,581,382
Net Assets
$5,546,203
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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
DIERDRA SORRELL
Phone
3158483351
Tax Period
2023-01-01 to 2023-12-31

CLIFTON-FINE HEALTH CARE CORPORATION, founded in 2012, is a mid-sized nonprofit in the Health Care sector that reported $11.1M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

THE PURPOSE FOR WHICH THE CORPORATION WAS ORGANIZED IS TO OWN AND OPERATE THE HEALTH CARE FACILITY KNOWN AS "CLIFTON-FINE HOSPITAL". CLIFTON-FINE HEALTH CARE CORPORATION IS A CRITICAL ACCESS HOSPITAL WHICH PROVIDES HEALTH CARE SERVICES FOR THE BENEFIT OF THE RESIDENTS OF THE STATE OF NEW YORK AND THE TOWNS OF CLIFTON AND FINE, INCLUDING PERSONS IN NEED OF HEALTH CARE SERVICES WITHOUT THE ABILITY TO PAY AS REQUIRED BY LAW.

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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 $518,634
Program Service Revenue $10,364,811
Investment Income $125,816
Other Revenue $75,198
TOTAL REVENUE $11,084,459

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,014,228
Fundraising Expenses $0
Program Expenses $9,937,847
Other Expenses $5,839,783
TOTAL EXPENSES $11,854,011

Year-over-Year Comparison

2023 2022 Change
Revenue $11,084,459 $9,819,352 +0.1%
Expenses $11,854,011 $11,391,612 +0.0%
Net Income $-769,552 $-1,572,260 -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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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
8
Employees
98
Volunteers
6

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
$818,745
Total Directors
13
$1,921,408
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS SAUTER CHAIRPERSON 1.00
Officer Director
$0 $0 $0
LEEANN SHORT VICE-CHAIR 1.00
Officer Director
$0 $0 $0
DAVID DAUT SECRETARY 1.00
Officer Director
$0 $0 $0
THOMAS CARMAN BOARD MEMBER 1.00
Director
$0 $59,072 $1,102,663
ALLEN DITCH BOARD MEMBER 1.00
Director
$0 $0 $0
SADIE HALL BOARD MEMBER 1.00
Director
$0 $0 $0
CHUCK HOOVEN BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN WHEELER BOARD MEMBER 1.00
Director
$0 $0 $0
HALSEY BAGG BOARD MEMBER 1.00
Director
$0 $0 $0
MAJONICA DRAKE BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN BURNS BOARD MEMBER 1.00
Director
$0 $0 $0
DIERDRA SORRELL CEO/EX-OFFICIO 39.00
Officer Director
$0 $40,881 $225,876
MAXINE BRIGGS CFO/TREASURER 1.00
Officer Director
$0 $48,174 $592,869
DAVID I MICHAELSON DOCTOR 40.00
Highest
$250,349 $10,481 $260,830
JACQUELINE C SNYDER PHYSICIAN ASSISTANT 40.00
Highest
$171,799 $5,423 $177,222
MATTHEW ZEGIL NURSE PRACTITIONER 40.00
Highest
$226,816 $14,350 $241,166
BRITTANI BICKEL PHYSICIAN ASSISTANT 40.00
Highest
$159,645 $6,803 $166,448
CHELSEA SNYDER-DENNIS NURSE ADMINISTRATOR 40.00
Highest
$113,982 $5,388 $119,370
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 $11,084,459 $11,854,011 $8,581,382 $-769,552
2022 $9,819,352 $11,391,612 $9,465,538 $-1,572,260
2021 $12,561,890 $9,961,807 $13,740,997 $2,600,083
2020 $11,352,120 $10,894,210 $10,045,181 $457,910
2019 $9,331,256 $9,108,318 $7,171,291 $222,938
2018 $8,339,341 $8,508,355 $7,210,574 $-169,014
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