Bassett Healthcare Network

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133218680 ✦ Cooperstown, NY ✦ Designated as a 501(c)(3)

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Overview

What is Bassett Healthcare Network?

Bassett Healthcare Network is a New York-based, tax-exempt organization, serving a 5,600 square mile region covering seven counties in upstate and central New York. The network operates as a unified healthcare system, consisting of several organizations that collaborate to provide care and services. With a mission to enhance patient health and community well-being, Bassett Healthcare Network aims to be a model of excellence in healthcare, offering advanced integrated clinical services, education, and research. The organization, led by Bassett Medical Center, A.O. Fox Memorial Hospital, The O'Connor Hospital, Bassett Hospital of Schoharie County, Little Falls Hospital, Valley Health Services, Inc., Valley Residential Services, Friends of Bassett, Inc., and Templeton Foundation, aims to deliver remarkable patient experiences and improve living standards. The network uses revenue from investment activities to support its administrative functions.

Is Bassett Healthcare Network legitimate?

Bassett Healthcare Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bassett Healthcare Network submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $300

For more financial information, click here

What is the mission statement of Bassett Healthcare Network?

Bassett Healthcare Network has a mission to enhance the health of its patients and contribute to the well-being of the communities it serves. Through advanced integrated clinical services, education, and research, it aspires to serve as a model of excellence in health care, aiming to provide remarkable patient experiences and improve overall living conditions. The network is the parent organization for various hospitals and services, including Bassett Medical Center, A.O. Fox Memorial Hospital, and Valley Health Services, Inc., among others. By leveraging reserve powers granted in the bylaws of the supported organizations, Bassett Healthcare Network can appoint directors, trustees, and presidents of these organizations.

Who is the CEO of Bassett Healthcare Network?

Tommy Ibrahim Md is the CEO of Bassett Healthcare Network The CEO's salary of Bassett Healthcare Network is $709,126 and their total compensation is $742,362.

What is the revenue of Bassett Healthcare Network?

Bassett Healthcare Network's revenue in 2023 was $1,308,152.

Who are the executives of Bassett Healthcare Network and what are their salaries?

The average compensation at Bassett Healthcare Network during 2023 was $25. There are 12 employees and 13 volunteers at Bassett Healthcare Network.

Here are 23 key members and their salaries (Bassett Healthcare Network's CEO's salary is $709,126 and their total compensation is $742,362):


Jane Forbes Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Franck Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Hanft (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Hastings (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tommy Ibrahim Md (President/Ceo)
  • Compensation: $709,126
  • Related: $0
  • Other: $33,236
Kevin S Moore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Mummenthey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
V Daniel Robinson Ii (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anil Rustgi Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marion Terenzio Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Turney Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Yoo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorraine Zimniewicz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Zogby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Morgan (Treasurer)
  • Compensation: $333,397
  • Related: $0
  • Other: $3,523
Paul Uhrig (Secretary)
  • Compensation: $415,529
  • Related: $0
  • Other: $31,495
Paul Swinko (Evp Cfao)
  • Compensation: $475,222
  • Related: $0
  • Other: $13,800
Reginald Q Knight Md (Ccio)
  • Compensation: $504,430
  • Related: $0
  • Other: $30,831
Henry Weil Md (Svp Ccao)
  • Compensation: $691,547
  • Related: $0
  • Other: $39,635
Christine Pirri (Svp Cpdo)
  • Compensation: $366,284
  • Related: $0
  • Other: $2,420
Staci Thompson (Evp/Coo)
  • Compensation: $311,722
  • Related: $0
  • Other: $7,124
Angela Belmont (Svp, Chief Nursing Exec)
  • Compensation: $296,818
  • Related: $0
  • Other: $5,350
Deanna E Charles (Svp, Chief Ambulatory Transformation)
  • Compensation: $276,142
  • Related: $0
  • Other: $18,342
Where can I find the form 990 for Bassett Healthcare Network?

Bassett Healthcare Network's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Bassett Healthcare Network

Bassett Healthcare Network, a prominent organization, is dedicated to improving the health of its patients and enhancing the well-being of its communities. With an ambitious vision, the network aspires to become a model of excellence in health, offering exceptional patient experiences and contributing to better living. This mission is accomplished through advanced integrated clinical services, education, and research. Bassett Healthcare Network, as the parent organization to several hospitals and health-related entities, has the power to appoint leaders in these supported organizations, further strengthening its role in the healthcare sector.

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Impact




October, 2024

Bassett Healthcare Network plays a significant role in enhancing health care and community well-being across a vast 5,600 square mile region encompassing seven counties in upstate and central New York. By integrating advanced clinical services, education, and research, the network aspires to set a benchmark for health excellence. Its commitment to improving patient health is exemplified through its multiple facilities, including the Mary Imogene Bassett Hospital, A.O. Fox Memorial Hospital, and others.

This interconnected system not only delivers comprehensive medical care but also fosters remarkable patient experiences, aiming to elevate the standard of living for all members of the communities it serves. Bassett Healthcare Network’s operations support not just immediate healthcare needs but also prioritize long-term health outcomes, thereby creating a profound and lasting impact on population health and community resilience. The organization’s emphasis on integrated care ensures that individuals receive holistic support, addressing various aspects of health and wellness.




This information is meant to be a general summary of Bassett Healthcare Network. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,308,152 (2023)
Expenses
$496,963 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $448,809
  • Program Service Revenue: $426,393
  • Gross Receipts: $1,308,152

Assets and Liabilities:

  • Total Assets: $73,046,059
  • Total Liabilities: $107,875,418
  • Net Assets: -$34,829,359

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PARTNERSHIP REVENUE

Revenue

$426,393

Organization Details

Founding Year

1938

Principal Officer

Staci Thompson

NTEE Category

Code: E21 - Health

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